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Old 07-22-2009, 11:15 AM
Status: "Only misdemeanors, Santa" (set 8 days ago)
 
Location: On a hill near a river
14,462 posts, read 12,350,804 times
Reputation: 5829

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Quote:
Originally Posted by Delta Planter View Post
Had an econ prof in college who had a standard test for every class who attempted it. One question has hung in my gray matter for all these years.

The rich get richer, the poor get ____________. Fill in the blank. I'll let you know if you get his answer.
Children.

In the mean time
In between time
Ain't we got fun?


(1921. Lyrics by Egan and Kahn)
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Old 07-22-2009, 11:26 AM
 
12,439 posts, read 5,820,955 times
Reputation: 3108
Quote:
Originally Posted by WalterK View Post
Hogwash. You can't convince me that I should pay into a system that I will never, repeat never, use. I'll donate to charity on my own accord, not forced.
Prison is a good deterrent for tax evasion.
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Old 07-22-2009, 12:28 PM
 
Location: Alvarado, TX
2,912 posts, read 2,963,630 times
Reputation: 769
Quote:
Originally Posted by WalterK View Post
Is "madder" a word?
Of course, but not the answer. Try again.
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Old 07-22-2009, 12:29 PM
 
Location: Alvarado, TX
2,912 posts, read 2,963,630 times
Reputation: 769
Quote:
Originally Posted by ZGACK View Post
Richer.
Nope. Sorry.
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Old 07-22-2009, 12:31 PM
 
Location: Alvarado, TX
2,912 posts, read 2,963,630 times
Reputation: 769
Quote:
Originally Posted by Yeledaf View Post
Children.

In the mean time
In between time
Ain't we got fun?


(1921. Lyrics by Egan and Kahn)
Tah rah rah boom-de-A! You one of Dr Castle's students? Congratulations, you pseudo-liberal/conservative, depending on which way the wind blows. You take the cake!
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Old 07-22-2009, 12:35 PM
 
Location: Charlotte, NC
3,562 posts, read 3,332,588 times
Reputation: 1464
Quote:
Originally Posted by Delta Planter View Post
Had an econ prof in college who had a standard test for every class who attempted it. One question has hung in my gray matter for all these years.

The rich get richer, the poor get ____________. Fill in the blank. I'll let you know if you get his answer.

Richer?
Lazier?
HJs?

Last edited by CharlottePirateFan; 07-22-2009 at 12:48 PM..
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Old 07-22-2009, 12:47 PM
 
2,229 posts, read 572,082 times
Reputation: 623
Anybody in this country has an oppurtunity to affect their upward mobility and subsequently their salary. The real problem is, its on each individual to make it happen. Somebody making 1 trillion dollars a year doesn't keep me from making more money. Similarly, somebody that makes 10 times what I do doesn't mean that the programs and services (most often utilized by the poor) are to be funded disproportionately by the rich.

There is this common theme among people with severe cases of class envy that somehow rich people are the reason they are poor. This is not the case.

Excuses are like a-holes, everybody has one and they all stink.
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Old 07-22-2009, 12:50 PM
 
4,529 posts, read 3,234,691 times
Reputation: 727
Quote:
Originally Posted by Delta Planter View Post
Had an econ prof in college who had a standard test for every class who attempted it. One question has hung in my gray matter for all these years.

The rich get richer, the poor get ____________. Fill in the blank. I'll let you know if you get his answer.
Cookies? Cookies are good.
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Old 07-22-2009, 12:57 PM
 
4,529 posts, read 3,234,691 times
Reputation: 727
Quote:
Originally Posted by jcarlilesiu View Post
Anybody in this country has an oppurtunity to affect their upward mobility and subsequently their salary. The real problem is, its on each individual to make it happen. Somebody making 1 trillion dollars a year doesn't keep me from making more money. Similarly, somebody that makes 10 times what I do doesn't mean that the programs and services (most often utilized by the poor) are to be funded disproportionately by the rich.

There is this common theme among people with severe cases of class envy that somehow rich people are the reason they are poor. This is not the case.

Excuses are like a-holes, everybody has one and they all stink.
This article doesn't appear to concern income, so much as taxes and yet another loophole that moves the tax burden onto the working families. You now, the people that drive the economy forward.

Paying a fair share of one's income is not being taxed "disproportionatly".
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Old 07-22-2009, 01:02 PM
 
4,529 posts, read 3,234,691 times
Reputation: 727
Quote:
Originally Posted by KevK View Post
Really, if you work for a living, you should read this:

Why a sudden shift in earned income to the already well-paid? | Jay Bookman

This is why the cap on income that pays the Social Security tax and Medicare tax should be eliminated completely.
I propose and support a "flat tax percentage rate" across the board. This was suggested several years ago, but I cannot find any more referecnes to it online.

This idea suggests that everyone, regardless of income level, pays a flat tax rate (rates as low as 3% on annual income have been suggested).

While this may seem low, one needs to keep in mind that such a system would not only save the tax payers billions annually in everything from rebates to smaller g'ment beurocracy, it eliminates all tax loopholes, including the tax loopholes that only the top earners can use.

Such a system would eliminate deductables, rebates, EIC, etc and would also help to eliminate those taxes not collected because the current progressive system is so damnably compicated, while ensuring that everyone pays ONLY a fair share of the tax burden.
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