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Most of those 47%, probably about 40% or so, do work. So one might wonder why they earn so little that they don't have to pay those taxes. Could it be because of the obscene income gap, where many earn too much and even more earn too little? Sure, some will say they earn little because they lack education etc. Still, since most of them work, they obviously do jobs that are required else nobody would hire them at all. And who would do all those cheap but necessary jobs if those 40% were all striving for high-profile jobs as well?
What business owners do with their own companies is their own business.
Companies are not forced to accept investor money - they seek investors.
Investors do not invest their money with the hopes that their investment will be a failure.
They hope that the business will thrive, thus more profits. And people get to keep their jobs.
Get it?
It was used as saying he had a good business mind and that's why I should vote for him. I can decide that that makes him a bad businessman. And I do decide that. I agree he has the right, but I also still have the right to vote for Johnson because of it. And I agree with that typically that's how it's done but esp. the last part doesn't apply to Bain as they laid people off just for the bottom line. Everyone gets to vote how they want in this country last I looked, in fact I could write in Donald Duck if I wanted to, I choose to not and vote for Johnson instead. If enough people start voting for 3rd parties, and more and more people are, then both parties will have to change or else become extinct. It's not my fault that both parties are big spenders, that give away money to people. The Dems. spend money on social progs. the Repubs. on huge military spending. The Dems. give money to poor people that don't work, the Repubs. to people that own big businesses that fire people and move overseas. The whole system is broken, more and more people are independent and it's because people keep getting s*#$$#d by both parties.
Most of those 47%, probably about 40% or so, do work. So one might wonder why they earn so little that they don't have to pay those taxes. Could it be because of the obscene income gap, where many earn too much and even more earn too little? Sure, some will say they earn little because they lack education etc. Still, since most of them work, they obviously do jobs that are required else nobody would hire them at all. And who would do all those cheap but necessary jobs if those 40% were all striving for high-profile jobs as well?
Anyone can strive for a better job. It's up to the individual.
Quote:
And who would do all those cheap but necessary jobs if those 40% were all striving for high-profile jobs as well?
College graduates living in their parent's basements?
Earning so little is not always the problem. My wife and I live on slightly above minimum wage. Guess what, we're fine. I could do more if I wanted to, but I'm happy with the way things are.
People on welfare are not destitute. They have cars, they have cable and internet, they have Obamaphones.
I'm telling you right now that it is Obama's policies that are hurting job creation. If you want better, you need a better President.
Earning too little is not the problem. Family money management is. And government policies.
Where I live, I drive 50 miles a day to work and back. Four years ago that cost me $90 a month. Now it costs me $180 per month. And that's just the beginning. Food is also more expensive.
It is not an employer's obligation to make up the difference for an administration's failures to keep prices low. Employers also have to pay for higher prices of gasoline in shipping and higher costs for resources and health insurance. The Fed continues to devalue the dollar.
Are you going to kill your spirit by blaming Democrats or Republicans? Or are you going to do better on your own? A little ambition can go a long way.
09-30-2012, 10:41 AM
2K5Gx2km
n/a posts
I personally think he conflated two thoughts: 1) Roughly half of the population votes democrat and 2) A large portion of the public rely heavily on Government - something the Democrats encourage and foster and therefor they will vote for them because of it.
I think when he was making comments on the fly things like this happen - that is why you have written speeches prepared. He got the % wrong - I understand why and really don't care about how the Dems go about making more of it than it really is.
Most of those 47%, probably about 40% or so, do work. So one might wonder why they earn so little that they don't have to pay those taxes. Could it be because of the obscene income gap, where many earn too much and even more earn too little? Sure, some will say they earn little because they lack education etc. Still, since most of them work, they obviously do jobs that are required else nobody would hire them at all. And who would do all those cheap but necessary jobs if those 40% were all striving for high-profile jobs as well?
The main driver is fiddling w/ the tax code. In fact if you look at table 3, .6% of people with annual income over $10 million (!) are non-payers, i.e. they are part of the 47%.
And the main topic of the thread (mostly ignored) was the groups beyond the 47%, such as public sector workers, non-filers, gov't contractors, etc. who have been incentivized to vote for ever bigger government, ever more spending, and ever higher taxes. And that is not a function of the income gap; it has little or nothing to do with the income gap.
It was used as saying he had a good business mind and that's why I should vote for him. I can decide that that makes him a bad businessman. And I do decide that. I agree he has the right, but I also still have the right to vote for Johnson because of it. And I agree with that typically that's how it's done but esp. the last part doesn't apply to Bain as they laid people off just for the bottom line. Everyone gets to vote how they want in this country last I looked, in fact I could write in Donald Duck if I wanted to, I choose to not and vote for Johnson instead. If enough people start voting for 3rd parties, and more and more people are, then both parties will have to change or else become extinct. It's not my fault that both parties are big spenders, that give away money to people. The Dems. spend money on social progs. the Repubs. on huge military spending. The Dems. give money to poor people that don't work, the Repubs. to people that own big businesses that fire people and move overseas. The whole system is broken, more and more people are independent and it's because people keep getting s*#$$#d by both parties.
I am in no way criticising the way you vote. It is my opinion however, that many Independents will vote for Romney, considering there is no REAL Independent in the race.
What good business decisions does Obama make?
Every decision Obama makes stifles business.
Johnson certainly does not agree with Socialist government interference in private business decisions.
He is a brilliant businessman. Agreed. But, not all businesses can follow his model. Although many do try.
If you want guarantees in life you can get them. But those governments are broke. And there is fire in the streets.
I am in no way criticising the way you vote. It is my opinion however, that many Independents will vote for Romney, considering there is no REAL Independent in the race.
What good business decisions does Obama make?
Every decision Obama makes stifles business.
Johnson certainly does not agree with Socialist government interference in private business decisions.
He is a brilliant businessman. Agreed. But, not all businesses can follow his model. Although many do try.
If you want guarantees in life you can get them. But those governments are broke. And there is fire in the streets.
I agree again I say I'm a Libertarian not a socialist, I don't know why this is so hard for people to get. I'm not Team Red or Team Blue they've both let us down. I've said over and over Obama is nothing more than a good orator, even in this thread. The problem is it goes back generations the only good times we've had in recent history was with Clinton who was more moderate. Romney has become less moderate, and I'm not sure he'll be a moderate in office, that's what people do in order to get in office. I don't know how voting the last few elections for a Libertarian makes me a socialist, and wanting to cut welfare and military spending. It's something people on both sides don't like me for but it doesn't make me a socialist by any stretch.
Who'd a thunk that the truth would be offensive to the left? Well, it's no surprise to many of us.
Anyway, what Romney didn't say was that 47% is really just the start. These 47% represent about 65.8 million (out of 140 million) tax returns, and have no direct personal incentive to control spending, reduce the deficit, etc. since they do not pay for any of it.
But consider another large group, public sector employees. There are 22.2 million of them-about 16.7 percent of the total workforce, or about 1 in 6 workers. This number is actually slightly down in recent times, mostly due to layoffs by local governments due to lack of tax revenue. Governments employ 20 percent or more of workers in nine states - The Business Journals
In general, they also have a personal interest in bigger government, higher taxes, and even deficit spending, since it all gets filtered through their pockets. I'm just talking about their incentives here; their personal principles might be diametrically opposed. If you add these 22.2 million to the 65.8 milion (the 47%), now you are up to 88 million, or 62 percent.
We could add several other groups to the mix--people who don't even file, such as college students, the long-term unemployed, etc. Many of them have even stronger incentives to support higher taxes, spending, and government than the 47%. Another significant group is government contractors, lobbyists, and the like, who are not directly employed by government, but make their livelihood from it.
Many of these people will still support conservative principles and vote for Mitt Romney. But to do that, they have to set aside their own personal interest in favor of the common good. Romney was exactly right; it's an uphill battle for conservatives these days,
I recall some articles about numerous IRS workers that didn't pay their own taxes, wouldn't be surprised if there aren't a few in Congress, as well.
Anyone can strive for a better job. It's up to the individual.
College graduates living in their parent's basements?
Earning so little is not always the problem. My wife and I live on slightly above minimum wage. Guess what, we're fine. I could do more if I wanted to, but I'm happy with the way things are.
People on welfare are not destitute. They have cars, they have cable and internet, they have Obamaphones.
I'm telling you right now that it is Obama's policies that are hurting job creation. If you want better, you need a better President.
Earning too little is not the problem. Family money management is. And government policies.
Where I live, I drive 50 miles a day to work and back. Four years ago that cost me $90 a month. Now it costs me $180 per month. And that's just the beginning. Food is also more expensive.
It is not an employer's obligation to make up the difference for an administration's failures to keep prices low. Employers also have to pay for higher prices of gasoline in shipping and higher costs for resources and health insurance. The Fed continues to devalue the dollar.
Are you going to kill your spirit by blaming Democrats or Republicans? Or are you going to do better on your own? A little ambition can go a long way.
College students are not suited for most full-time jobs.
Why do you drive so much? Sorry, but you are still spoiled by the cheap gas prices of the past. Driving 100 miles every day is just not reasonable and sustainable in the long run. Gas prices will keep rising until we switch from fossil to alternative fuels on a large scale. Gas prices are rising around the world, not just in the US. Here gas costs almost twice as much as in the US...
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