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Old 03-22-2021, 09:37 AM
 
Location: Boston
2,435 posts, read 1,322,517 times
Reputation: 2126

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Quote:
Originally Posted by bigfatdude View Post
$300K crowd is very out of touch - despite what the politicians might promise middle class always ends up bearing the brunt of any tax increase, and while losing $20K as extra tax might mean one or two fewer birkins to some W suburb enlightened limousine liberal, losing $7K a year means no vacation or decreased retirement savings to someone making $100K in Boston. No one is stopping them from voluntarily paying extra tax if they're feeling generous without having it jacked for everyone.
Politicians like Bernie and Warren would be absolutely euphoric about a tax overhaul that shifts the burden to the top 10% of earners, but there's swaths of the lower income earners who think it's much more fun to call her Pocahontas instead. If you don't like them for other reasons, offer up candidates who will raise taxes on the wealthy and lower them on the middle class. Most of those limo libs you like to mock will be on board.

Also: The top 20% of households got 54% of all income and paid 69% of all federal taxes; the top 1% got 16% of the income and paid 25% of all federal taxes, according to the CBO. Doesn't really support your 'middle class is bearing the brunt of taxes' story. Welcome to cite sources for you.
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Old 03-22-2021, 09:39 AM
 
16,415 posts, read 8,215,049 times
Reputation: 11408
I don't know anything about Fenway and racism. I don't enjoy Fenway park either...i've been to probably 3 red sox games.

I still am not sure what costs of living here have to do with Fenway...seems like you're deflecting as well.
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Old 03-22-2021, 09:39 AM
 
Location: Baltimore
21,637 posts, read 12,785,792 times
Reputation: 11221
Quote:
Originally Posted by id77 View Post
Politicians like Bernie and Warren would be absolutely euphoric about a tax overhaul that shifts the burden to the top 10% of earners, but there's swaths of the lower income earners who think it's much more fun to call her Pocahontas instead. If you don't like them for other reasons, offer up candidates who will raise taxes on the wealthy and lower them on the middle class. Most of those limo libs you like to mock will be on board.

Also: The top 20% of households got 54% of all income and paid 69% of all federal taxes; the top 1% got 16% of the income and paid 25% of all federal taxes, according to the CBO. Doesn't really support your 'middle class is bearing the brunt of taxes' story. Welcome to cite sources for you.
I dont think this is a high enough share.
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Old 03-22-2021, 09:43 AM
 
Location: Boston
2,435 posts, read 1,322,517 times
Reputation: 2126
Quote:
Originally Posted by BostonBornMassMade View Post
I dont think this is a high enough share.
Agreed, and so do politicians like Bernie and Warren.
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Old 03-22-2021, 09:46 AM
 
16,415 posts, read 8,215,049 times
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How about the government realize that people would like to keep their money. Stop spending it on stupid crap. Like a million unskilled workers currently at our southern border waiting to get in.
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Old 03-22-2021, 09:47 AM
 
23,577 posts, read 18,722,077 times
Reputation: 10824
Quote:
Originally Posted by id77 View Post
The 300k salary crowd also largely votes in favor of things like living wage increases, fair and equal pay, and other progressive things that are trying to chip away at this problem. They largely support tax increases to themselves to pay for these programs. Saying they simply don't care about other people is rhetoric.

The 300k crowd isn't out there trying to hose poor people or pretend they don't exist. They're in bidding wars with other 300k crowd people over getting the home they want in the town they want. Sellers want to make as much money as they can, so they cater to these buyers and their money. A teacher or social worker who bought 30 years ago in Belmont or Lexington is absolutely going to do everything they can do get as much money from their home sale as possible -- are they also not giving a 2nd thought about how hard it is for other teachers or social workers?

If you were in charge, what would you do to solve this problem?

Bunch of nonsense. These Robin Hood wealth redistribution ponzi schemes never help the middle-class. What they do is encourage and sustain a permanent underclass, exactly what these people want. Same reason they are for illegal immigration. Gotta have that steady stream of peeons ready to "serve" them. Middle class want housing, good schools and transportation infrastructure. The best way for these $300K earners to show they "care", is to tell us which 150 acres in their W town they want to put the next townhouse development, or which commuter rail station they want upgraded. I'll be here waiting...
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Old 03-22-2021, 09:50 AM
 
23,577 posts, read 18,722,077 times
Reputation: 10824
Quote:
Originally Posted by GeoffD View Post
We are a country full of people who moved thousands of miles for economic opportunity. Tons of Bostonians moved west for the 160 acres of free land in the 1860 homestead act. It’s not like outward migration by the bottom half in high cost of living areas is new or somehow unique to Boston.

Except that what was once the bottom half, is now the "bottom" 90%. There's no way that can end well. But the point is, it didn't have to be this way.
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Old 03-22-2021, 09:50 AM
 
Location: Boston
2,435 posts, read 1,322,517 times
Reputation: 2126
Quote:
Originally Posted by msRB311 View Post
But this does not make it ok. There are going to be people who will never have the credentials to work at these companies. Everything is becoming automated. We can't expect everyone in the damn world to get a STEM degree or even any degree.
Everyone? No. More people? Yes.

We can accept that the wheels of progress are turning that way and prepare our present and future workforce for it, or we can handcuff ourselves to the past and lament the loss of the way it once was while those wheels crush us.
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Old 03-22-2021, 09:51 AM
 
16,415 posts, read 8,215,049 times
Reputation: 11408
The 300k limousine liberal crowd deeply cares about a lot of issues. They let you know via facebook and twitter. That's about it.
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Old 03-22-2021, 09:53 AM
 
2,279 posts, read 1,343,377 times
Reputation: 1576
The problem with increasing income taxes on the super rich is that it's very easy for them to move to a different country if they want.

In 2012 France imposed a 75% income tax on the uber-rich (earning over 1 million EUR), when they canceled the tax in 2014 their expected taxes were 30 billions, their actual taxes 16. Between 2012 and 2014 the party in power had not changed.

Here an article for those interested https://modernrenaissanceman.medium....y-546ccb832414
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