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Old 12-24-2019, 01:59 AM
 
Location: Las Vegas & San Diego
996 posts, read 172,738 times
Reputation: 902

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Quote:
Originally Posted by 2sleepy View Post
That study is deeply flawed - to get to those numbers, they counted many non-tax items as a tax to individuals. Such things as health insurance was considered as a tax to the individual even if paid by work but tax credits were not counted because they considered them benefits, not taxes. And they really did not use billionaires incomes, they only used those paying strictly capital gains taxes. There have been several threads that discussed the fallacies of this study on C-D forums already. Most economists do not agree with this study.

Last edited by ddeemo; 12-24-2019 at 02:12 AM..
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Old 12-24-2019, 02:40 AM
 
7,656 posts, read 3,367,239 times
Reputation: 4889
Quote:
Originally Posted by ddeemo View Post
What BS - union membership is non existent in most of the world and is less than 30% of employment in most of Europe also - (France is 8%) and unions cannot prevent layoffs if that part of the market is poor. GM and Ford just laid off thousands of union members in North America and in Europe. EVERY country has low pay, low skill jobs.

The US is about the only country with a growing economy right now - employment is at 50 year record lows and real wages grew by 5.34% in November according to BLS Data. Wages are growing faster for the lower wage workers and slowest for high wage workers. Data for July 2019 year over year increase;



Good economy means job security for good workers, only marginal workers are worried about jobs in this economy.
Huh, not what I heard from people who actually live and work in Germany. People have alot more protections and the burger joins pay well and the consumer pays $30 for a cheese burger in switzerland becuase even their mcjobs are not as MC as they are in the USA. Yes its still a burger joint but the people are better paid and respected.

Its not the same as the USA.

Education is WAY cheaper to retool, unemployment is WAY better, while your right its not impossible to have a lay off in Germany its WAY harder than in the USA. You have to get governmental permission and you better have a REALLY good reason, not just becuase you want to prop up your stock prices.

You dont see mass numbers of homeless like we are now seeing in the USA and cities that resemble 3rd world countries in certian parts of US cities. You will find none of that in Germany or Switzerland.

Every major US city and even major towns are pushing 2% homelessness and that does not count the people who are only a few pay checks away from homelessness, living in their car or couch surfing etc. These numbers purposely dont get counted (kind of like under employment) becasue if it did it would paint a REALLY bad picture.
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Old 12-24-2019, 02:50 AM
 
7,656 posts, read 3,367,239 times
Reputation: 4889
Quote:
Originally Posted by ddeemo View Post
If eliminate corporations, then would need to eliminate unions ability to contribute under the same idea of not being individual donors. BTW - most corporations donate to both parties not just Repubs. But many of the new high donor companies are tech companies, mainly to Dems.

Of the 10 largest corporate and group donators, none were primarily to Repubs, 7 were primarily to Dems (Unions) - the 3 that were donating more or less equally were 2 corporations and Realtors group (NAR).

Also most of the large donations from billionaires such as Bloomberg, Steyer and Soros to Dems are actually done through LLC or Partnerships not technically from individuals.

Be careful what you wish for.
Unions can still exist without corporations, the become guilds. The whole name of the game is to keep skilled labor from being commoditized which is what corporations do at every turn.

There is a very fine ballance of labor not wanting their skills commoditized and consumers and buisness owners grossly over paying and everything becoming so unaffordable that only the guilds have modern things becuase no one else can pay the exorbant rates.
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Old 12-24-2019, 05:50 AM
 
3,008 posts, read 1,968,807 times
Reputation: 6779
Quote:
Originally Posted by PamelaIamela View Post
I am not ignorant to various taxation and economic theories.
You know nothing of my understanding based on a three sentence post.
And I don't care whether corporate political donations are tax deductible or not, but like union donations, should not be allowed.

You don't agree? I don't care.
You said corporate taxes should be eliminated. Why? How can this be done? The entire tax structure starts at the top with the corporate structure. You would have to rewrite everything. You implied the tax can just be made up by taxing people more...of course it CAN be...because all taxes are paid by them...but the double taxation structure is needed to prevent timing differences in taxation...and obviously timing is nearly as important as who pays.

You also didn’t address and failed to articulate how the corporations status as a person has anything to do with political donations. A partnership or an Llc can make a donation as well. How the hell would eliminating the status of a corporation as a person stop political contributions by corporations?
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Old 12-24-2019, 05:51 AM
 
3,008 posts, read 1,968,807 times
Reputation: 6779
Quote:
Originally Posted by insulator_king View Post
I certainly agree with the bolded. One of the worst Supreme COurt cases ever.
Which case is that? Making corporations a person? Why do people think this is so insidious?
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Old 12-24-2019, 06:07 AM
 
3,008 posts, read 1,968,807 times
Reputation: 6779
Quote:
Originally Posted by CharleyMcGarley View Post
I really wish the crazies would take a moment and actually look at how their favorite "socialist democracies" actually work their tax systems.

I wonder if they realized corporate taxes are much lower than ours (generally 9-13%) and those wonderful programs are funded by the citizens (and EVERYONE pays in).

And don't get me started on how much Europe absolutely LOVES corporate conglomerates..... somehow foreign based mega-companies who don't pay any US corporate tax is the new "ideal".

The fact that cutting the corporate tax has made US-based companies more competitive in the world economy should be of great joy. Right Bernie-bots???
I’m not sure where you come up with the idea that European countries corporate income taxes are 9 to 13 percent. Certainly not in Spain, Italy, Germany, France, the UK, Poland, or Luxembourg.

And looking at European corporate tax rates in comparison to the U.S corporate tax rate is silly without taking into account the prominence of VAT overseas.
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Old 12-24-2019, 08:14 AM
 
733 posts, read 308,518 times
Reputation: 857
Quote:
Originally Posted by pittsflyer View Post
Huh, not what I heard from people who actually live and work in Germany. People have alot more protections and the burger joins pay well and the consumer pays $30 for a cheese burger in switzerland becuase even their mcjobs are not as MC as they are in the USA. Yes its still a burger joint but the people are better paid and respected.

Its not the same as the USA.

Education is WAY cheaper to retool, unemployment is WAY better, while your right its not impossible to have a lay off in Germany its WAY harder than in the USA. You have to get governmental permission and you better have a REALLY good reason, not just becuase you want to prop up your stock prices.

You dont see mass numbers of homeless like we are now seeing in the USA and cities that resemble 3rd world countries in certian parts of US cities. You will find none of that in Germany or Switzerland.

Every major US city and even major towns are pushing 2% homelessness and that does not count the people who are only a few pay checks away from homelessness, living in their car or couch surfing etc. These numbers purposely dont get counted (kind of like under employment) becasue if it did it would paint a REALLY bad picture.
Wrong again. They average hourly worker at McDonalds in Germany is making 9 Euros an hour.

https://www.glassdoor.com/Salary/McD...11,18_IN96.htm

I have traveled many times to Switzerland and Germany. The cheeseburgers are not $30. Also, they have homeless issues and the homeless ratio in Germany is higher than the US.

Last edited by Jim1921; 12-24-2019 at 09:03 AM..
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Old 12-24-2019, 02:40 PM
 
7,656 posts, read 3,367,239 times
Reputation: 4889
Quote:
Originally Posted by Jim1921 View Post
Wrong again. They average hourly worker at McDonalds in Germany is making 9 Euros an hour.

https://www.glassdoor.com/Salary/McD...11,18_IN96.htm

I have traveled many times to Switzerland and Germany. The cheeseburgers are not $30. Also, they have homeless issues and the homeless ratio in Germany is higher than the US.
I tend to trust people I know rather than someone on the internet.
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Old 12-24-2019, 02:58 PM
 
733 posts, read 308,518 times
Reputation: 857
Quote:
Originally Posted by pittsflyer View Post
I tend to trust people I know rather than someone on the internet.
The data is compiled from many people, representing those actual workers. People are not just going to take the word of you and your friend. Show us a 3rd party source.
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Old 12-24-2019, 03:05 PM
 
Location: Living rent free in your head
32,845 posts, read 14,865,925 times
Reputation: 23634
Quote:
Originally Posted by Jim1921 View Post
Wrong again. They average hourly worker at McDonalds in Germany is making 9 Euros an hour.

https://www.glassdoor.com/Salary/McD...11,18_IN96.htm

I have traveled many times to Switzerland and Germany. The cheeseburgers are not $30. Also, they have homeless issues and the homeless ratio in Germany is higher than the US.
Actually the minimum wage in Germany is 9.19 euros and the average fast food worker earns 10 euros per hour, but whether it's 9 or 10 you need to look at the local cost of living, right?

A one bedroom apartment in Frankfurt rents for 250 Euros and 846 Euros in Stuttgart. In Phoenix the minimum wage is $11 and the median rent for a one bedroom apartment is $1171. In Miami the minimum wage is $8.46 and the median 1 bedroom apartment rents for $1,995.

So..you tell me if you were a fast food worker where would you have a better chance of being able to afford a place to live, in Germany, or in the US?
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