Just When Do The Rich Say: It's Time To Raise Our Taxes (interview, salaries)

[FirebirdCamaro1220]

Originally Posted by tijlover

One bureaucracy that's off limits is the Military, the biggest unaudited swamp in Washington, the biggest waste of taxpayer's dollars. Bernie Sanders nailed it: To attack military spending is political suicide. And No President, Democrat or Republican, is going to attack the military spending. That's a no-brainer.

I live in Tucson, and is there any reason they need to keep Monathan Air Force Base open when we have Luke in PHoenix, Creech and Nellis in Las Vegas, and Edwards in Lancaster. Any time it comes up, close it down or not, the cry is it will impact the economy in Tucson. Neglecting to say it would be a relief to taxpayers.

And how many more bases could shut down in this country and still keep the country safe?

Do you remember the Base Realignment And Closure Commission of 1993? They closed MCAS El Toro and March AFB along with almost a dozen other bases, so it happens

[FatBob96]

Originally Posted by FirebirdCamaro1220

You steal their productivity by paying them a substandard wage while charging a high price for their product or service

Who decides what's a substandard wage?

Nobody is stealing anything ... employment is a voluntary arrangement.

If your pay is not sufficient, nobody is chaining you to the fry counter.

And charging more than you pay for something is how business works ......you know, profit margins??

I'm sure you must have heard the term SOMEWHERE before.....

[FatBob96]

Originally Posted by FirebirdCamaro1220

Warren Buffet and Nick Hanauer are two billionaires who have said to raise their taxes....

Absolutely nothing is stopping them from paying more tax if they want to.

All they have to do is make a check payable to the Treasury Department.

[vision33r]

I wished more high schools teach finance and business so we go back to becoming a capitalist country than heading towards communism.

Now that China is steering more and more towards capitalism and economic prosperity while we are heading the other way.

I met a Chinese immigrant, no high school or college degree already a millionaire owns 2 properties he rents out in NYC suburbs. Drives a Lexus and on the side he sells restaurant equipment he gets from China, he has relatives in China that helps him ship the goods here and he operates as a restaurant lending and leasing shop. He delivers the equipment to chinese restaurants and bills them a monthly rate with interest.

I wish more Americans learn how to do business instead of complaining about how to tax the rich or how to get the government help them more.

[FirebirdCamaro1220]

Originally Posted by vision33r

I wished more high schools teach finance and business so we go back to becoming a capitalist country than heading towards communism.

Now that China is steering more and more towards capitalism and economic prosperity while we are heading the other way.

I met a Chinese immigrant, no high school or college degree already a millionaire owns 2 properties he rents out in NYC suburbs. Drives a Lexus and on the side he sells restaurant equipment he gets from China, he has relatives in China that helps him ship the goods here and he operates as a restaurant lending and leasing shop. He delivers the equipment to chinese restaurants and bills them a monthly rate with interest.

I wish more Americans learn how to do business instead of complaining about how to tax the rich or how to get the government help them more.

Economics is still taught in high school, but when wages are dropping while prices rise, expect pushback against the system allowing it to happen.....

[Rocko20]

Originally Posted by tijlover

Just When Do The Rich Say: It's Time To Raise Our Taxes

When the government stops wasteful spending and cutting good projects.

We can’t even get a border wall to keep illegals out, why the hell would the rich want to pay more in taxes for open borders?

[Vlajos]

Originally Posted by vision33r

I wished more high schools teach finance and business so we go back to becoming a capitalist country than heading towards communism.

Now that China is steering more and more towards capitalism and economic prosperity while we are heading the other way.

I met a Chinese immigrant, no high school or college degree already a millionaire owns 2 properties he rents out in NYC suburbs. Drives a Lexus and on the side he sells restaurant equipment he gets from China, he has relatives in China that helps him ship the goods here and he operates as a restaurant lending and leasing shop. He delivers the equipment to chinese restaurants and bills them a monthly rate with interest.

I wish more Americans learn how to do business instead of complaining about how to tax the rich or how to get the government help them more.

Unfortunately what you just described is exactly why the US is on the decline. Even more unfortunate, many Americans want this to happen.

[Lekrii]

Originally Posted by FatBob96

Who decides what's a substandard wage?

No one should work more than 40 hours/week at any job in the US to pay for food, clothing, housing, education, health care, child care and transportation. Anything less than that is a substandard wage.

[AnesthesiaMD]

Originally Posted by FirebirdCamaro1220

Economics is still taught in high school, but when wages are dropping while prices rise, expect pushback against the system allowing it to happen.....

Wages have been rising, not dropping, but as long as inflation is at 5% you may not realize any gains.

[FirebirdCamaro1220]

Originally Posted by AnesthesiaMD

Wages have been rising, not dropping, but as long as inflation is at 5% you may not realize any gains.

Rising in nominal dollars, but falling in real dollars, as a dollar buys less and less every year. If you made $50k in 1960, you were doing great, now average at best