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Old 10-27-2021, 05:28 AM
 
3,618 posts, read 3,057,156 times
Reputation: 2788

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Quote:
Originally Posted by FatBob96 View Post
Hey, if you want to start a business that pays it's employees more than the value of their labor.....

Have at it.

Nobody is stopping you.

Let us know how it works out.

Nah, that's okay. I am good simply not being dependent on a person like you. The authoritarian style of corporate management only works for low-skill people with a slave mentality.
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Old 10-27-2021, 05:31 AM
 
Location: Just over the horizon
18,462 posts, read 7,096,830 times
Reputation: 11708
Quote:
Originally Posted by zach_33 View Post
Nah, that's okay. I am good simply not being dependent on a person like you. The authoritarian style of corporate management only works for low-skill people with a slave mentality.


Why not just admit that such a business model doesn't exist?

Outside of government anyways.

Because government is the only employer that can sustain it's existence while paying it's employees more than the value of their labor.

With your taxes BTW.
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Old 10-27-2021, 05:37 AM
 
1,812 posts, read 902,640 times
Reputation: 2953
Quote:
Originally Posted by Tall Traveler View Post
They're already doing it. We have too much wealth in the hands of the few and need to break it up similar to breaking up monopolistic companies.
I’d like the IRS to take a look at your finances and see if you’ve got some assets that can be liquidated. Then they could give some of those to me, my neighbor and his cousin.
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Old 10-27-2021, 05:39 AM
 
Location: Just over the horizon
18,462 posts, read 7,096,830 times
Reputation: 11708
Quote:
Originally Posted by FirebirdCamaro1220 View Post
There are only two types of people who utter those words, the wealthy, or those who are brainwashed. Which one are you?

Again, you have no arguments that don't involve emotions and hyperbole.


Labor has a maximum monetary value in any business model.

When the cost of labor exceeds it's value in the business's profit margin, at least one of several things happen:

Employees are replaced with illegal labor.

Employees are replaced with automation.

Businesses find other ways to cut costs, like reducing employee benefits and lowering service and product quality.

Businesses pick up and move to more profitable areas, either in another state or country.

Companies go out of business altogether and and the jobs they provide the community are gone with them.


Which one of those do you think is a good thing?
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Old 10-27-2021, 05:43 AM
 
Location: Oklahoma
17,809 posts, read 13,708,449 times
Reputation: 17844
Quote:
Originally Posted by FirebirdCamaro1220 View Post
There are only two types of people who utter those words, the wealthy, or those who are brainwashed. Which one are you?

The troubling issue right now is not necessarily the amount of tax the rich is paying...

It's the amount of new wealth they are acquiring compared to everyone else.

What is even more troubling is that conservatives refuse to see that this is problematic for the health of the economy if it continues.

Sadly, many conservatives have contempt at the working class and the poor. Many conservatives kind of feel like they are part of the "rich guys" club since they are their cheerleaders. And the rich guys like that just fine.
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Old 10-27-2021, 05:47 AM
 
Location: Just over the horizon
18,462 posts, read 7,096,830 times
Reputation: 11708
Quote:
Originally Posted by eddie gein View Post
The troubling issue right now is not necessarily the amount of tax the rich is paying...

It's the amount of new wealth they are acquiring compared to everyone else.

What is even more troubling is that conservatives refuse to see that this is problematic for the health of the economy if it continues.

Sadly, many conservatives have contempt at the working class and the poor. Many conservatives kind of feel like they are part of the "rich guys" club since they are their cheerleaders. And the rich guys like that just fine.



What is stopping you from creating your own wealth?


There is no "x" amount of wealth for anyone to hoard.
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Old 10-27-2021, 05:51 AM
 
14,798 posts, read 17,700,727 times
Reputation: 9251
Quote:
Originally Posted by FirebirdCamaro1220 View Post
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
The fact is, real median incomes were rising prior to the pandemic and government induced lockdowns. The poverty rate was one off the lowest on record too. This tax the rich crap is nothing but greed and envy. We all know the "rich" already pay the majority of taxes and the US has the most progressive tax system in the OECD along with Ireland.
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Old 10-27-2021, 06:16 AM
 
13,620 posts, read 4,937,539 times
Reputation: 9695
As you know, Democrats want to raise taxes on the rich. And many of those who support that are rich themselves. Pelosi, Schumer, Obama, all very wealthy. People like Bill Gates and Jeff Bezos are Democrats. Because, believe it or not, not everyone just votes their own narrow self-interest. There are responsible Americans who want to do their part, even if it costs them a little more.

I myself am not rich, but comfortably upper-middle class, and I don’t begrudge paying a higher rate in taxes, as long as it goes to help the less fortunate or the country in general.
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Old 10-27-2021, 06:20 AM
 
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,619,501 times
Reputation: 9169
Quote:
Originally Posted by FatBob96 View Post
Again, you have no arguments that don't involve emotions and hyperbole.


Labor has a maximum monetary value in any business model.

When the cost of labor exceeds it's value in the business's profit margin, at least one of several things happen:

Employees are replaced with illegal labor.

Employees are replaced with automation.

Businesses find other ways to cut costs, like reducing employee benefits and lowering service and product quality.

Businesses pick up and move to more profitable areas, either in another state or country.

Companies go out of business altogether and and the jobs they provide the community are gone with them.


Which one of those do you think is a good thing?
Businesses never pay anywhere near that hypothetical figure though. They pay as low as they can get away with to maximize profit. There is a middle ground, where they can pay more and reduce profit, but still profit!
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Old 10-27-2021, 06:22 AM
 
5,985 posts, read 2,920,137 times
Reputation: 9026
Quote:
Originally Posted by TMSRetired View Post
Now you have single moms with no skills or education thinking they can raise a family on burger flipper money.
And why shouldn't they be able to? Six individual men have more wealth than half the world's population. We have the money for people to work ANY job and not struggle. We just don't tax the ultra-wealthy, for some reason. I'm not sure you understand just how wealthy some people are. Elon Musk could end world hunger with 2% of his wealth, and he'd still be one of the wealthiest people in the world. Again, we have the money, it's just overly concentrated in a few people.

We're not asking to tax the business owner who is doing well. We're asking to tax the "creating a new space program is my quirky hobby" level of wealthy.
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