If we taxed the rich more, how would it affect job creation?

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Nov 29, 2006
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Originally posted by: Skoorb
Hopefully this will end the discussion.
Nice. Make a thread and then in the first post say you hope it doesn't even become a discussion; so, it's more like a soundboard.

One of the richest men in Western NY has recently decided to move from NY to Florida after the most recent tax increase. If he starts up any new businesses where do you think he'll find his employees?

In the USA? Last i checked both NY and FL were here.
 

Nebor

Lifer
Jun 24, 2003
29,582
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Originally posted by: Craig234
Originally posted by: Nebor
Originally posted by: Craig234

Well, then, I guess what we need is a race to the bottom until the countries of the world are bidding against each other to pay the rich to live there. Otherwise they might leave!

It should be a bidding war similar to when municipalities offer lower and lower tax rates, and more and more benefits to large companies (Walmart, Home Depot, etc.) in order to get them in their town instead of their neighbors'. Some taxes is better than no taxes.

Yes, those are excellent models when the big corporatins are able to buy their way into sweetheart deals that screw the local communities bdly with the massive tax cuts and eliminations and the taxpayers footing the bill for all kinds of infrastructure development for the companies that deplete the government budgets and are unfair to other smaller businesses. Tat's the way to go!

Definitely. The government has too much money, and I'd rather it be in private hands. I'm not so picky about who's hands it ends up in.
 

SammyJr

Golden Member
Feb 27, 2008
1,708
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Originally posted by: ProfJohn
Originally posted by: SammyJr
Originally posted by: ProfJohn
BTW come back when you move out of mom and dads house and get a job and tell us if you think you are paying too much or too little in taxes.

I am paying far too much in taxes for what I get. Cut the wars and military waste. Add in Universal Health Care. Then, I'll feel really good about the taxes I pay.
Do the math.

The entire DoD budget including the wars is about $600 billion.

The cost of Universal Healthcare would be about $2.5 trillion, assume that we see NO cost increase when we tell everyone they can go to the doctors as much as they want and for whatever they want and it will be 'free'

Currently the government pays about $1 trillion a year on medical expenses, about half of all healthcare spending comes from the Feds.

Therefore if we completely eliminated the defense budget and instituted UHC we would still find ourselves needing another $900 billion in additional tax revenue.

We would see the Federal budget go from $3 trillion a year to $4 trillion a year. This would require massive tax increases on all Americans.

$600 billion per year vs. $2.5 trillion over how many years?

Yes, taxes would go up, but my employer and I would see my health insurance premium disappear. It would probably be a wash as far as my paychecks, but I wouldn't have to worry about health coverage ever again.
 

thegimp03

Diamond Member
Jul 5, 2004
7,420
2
81
There would be less job creation. The majority of the people in the top tax brackets would be at least C-level employees or owners/founders of large companies. I sincerely doubt they'll be motivated to hire, pay, and provide benefits for more people if their tax rate is 75%.
 
Nov 29, 2006
15,813
4,339
136
Originally posted by: SammyJr
Originally posted by: ProfJohn
Originally posted by: SammyJr
Originally posted by: ProfJohn
BTW come back when you move out of mom and dads house and get a job and tell us if you think you are paying too much or too little in taxes.

I am paying far too much in taxes for what I get. Cut the wars and military waste. Add in Universal Health Care. Then, I'll feel really good about the taxes I pay.
Do the math.

The entire DoD budget including the wars is about $600 billion.

The cost of Universal Healthcare would be about $2.5 trillion, assume that we see NO cost increase when we tell everyone they can go to the doctors as much as they want and for whatever they want and it will be 'free'

Currently the government pays about $1 trillion a year on medical expenses, about half of all healthcare spending comes from the Feds.

Therefore if we completely eliminated the defense budget and instituted UHC we would still find ourselves needing another $900 billion in additional tax revenue.

We would see the Federal budget go from $3 trillion a year to $4 trillion a year. This would require massive tax increases on all Americans.

$600 billion per year vs. $2.5 trillion over how many years?

Yes, taxes would go up, but my employer and I would see my health insurance premium disappear. It would probably be a wash as far as my paychecks, but I wouldn't have to worry about health coverage ever again.


Dont forget the added benefit of knowing you helped everyone in America have the chance to have a healthier life and the option to free health care. Now if we could convince more people to drop the me, me, me attitude and do what is morally right for a country.
 

SammyJr

Golden Member
Feb 27, 2008
1,708
0
0
Originally posted by: soulcougher73
Originally posted by: SammyJr
Originally posted by: ProfJohn
Originally posted by: SammyJr
Originally posted by: ProfJohn
BTW come back when you move out of mom and dads house and get a job and tell us if you think you are paying too much or too little in taxes.

I am paying far too much in taxes for what I get. Cut the wars and military waste. Add in Universal Health Care. Then, I'll feel really good about the taxes I pay.
Do the math.

The entire DoD budget including the wars is about $600 billion.

The cost of Universal Healthcare would be about $2.5 trillion, assume that we see NO cost increase when we tell everyone they can go to the doctors as much as they want and for whatever they want and it will be 'free'

Currently the government pays about $1 trillion a year on medical expenses, about half of all healthcare spending comes from the Feds.

Therefore if we completely eliminated the defense budget and instituted UHC we would still find ourselves needing another $900 billion in additional tax revenue.

We would see the Federal budget go from $3 trillion a year to $4 trillion a year. This would require massive tax increases on all Americans.

$600 billion per year vs. $2.5 trillion over how many years?

Yes, taxes would go up, but my employer and I would see my health insurance premium disappear. It would probably be a wash as far as my paychecks, but I wouldn't have to worry about health coverage ever again.


Dont forget the added benefit of knowing you helped everyone in America have the chance to have a healthier life and the option to free health care. Now if we could convince more people to drop the me, me, me attitude and do what is morally right for a country.

That's a great argument for bleeding hearts like you and me, but its a negative to much of "I gots mine, so screw you" Real America types.
 

blackangst1

Lifer
Feb 23, 2005
22,902
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Originally posted by: SammyJr
Originally posted by: blackangst1
Originally posted by: SammyJr
Originally posted by: ProfJohn
BTW come back when you move out of mom and dads house and get a job and tell us if you think you are paying too much or too little in taxes.

I am paying far too much in taxes for what I get. Cut the wars and military waste. Add in Universal Health Care. Then, I'll feel really good about the taxes I pay.

Youre kidding right? You think that the clean food you eat is clean by virtue of honesty? You think the roads that you drive on are free? You think that the products companies deliver to the store you buy on Government roads is free? You think the courts that defend your right to bear arms and keep you safe from unwarranted search and seizure is free? You think the EPA that defends their pristine ocean front you visit on vacation is free? You think police and military security is free? You think the clean water out of your tap is there because the water company likes you?

WTF is wrong with you?

I said that I pay too much for what I get. We all pay for a massive military that does nothing for the vast majority of citizens. Clean water is relateively cheap. Bombs are not.

OK then. Your earlier post (of the same exact thing...I cut/pasted from YOUR post) is invalid.

Youre sucking at this..
 

blackangst1

Lifer
Feb 23, 2005
22,902
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Originally posted by: SammyJr
Originally posted by: blackangst1
Originally posted by: SammyJr
Originally posted by: Extelleron

So what is "their fair share". The rich already pay the majority of taxes in this country. They are a small minority but pay around half the total tax revenues. People making over $250k are already paying 35% of that income to the government. Meanwhile, the poor are making far less money and only paying 10-20% of it as tax revenues. So the rich pay more (because they make more) and even more (because they are taxed at a higher percent). They already pay more than their fair share. Remember that the rich don't benefit/need a lot of government services that they are paying for. The rich probably use government services the least yet they pay the most by far. The "fair share" argument doesn't make any sense. If anything you should say that the poor/middle class need to "pay their share."

NO THEY'RE NOT!

Google "marginal tax rates". Here's the first result: http://www.econlib.org/library.../MarginalTaxRates.html

Someone making $250k/year is not paying 35% of their income in taxes. They're paying far less. Someone making 7 or 8 figures isn't paying 35% either. They're paying the 15% long term capital gains rate on most of their income.

So youre proposing the majority of 6 and 7 figure income earners are earning via capital gains? Got any data to back that up?

I said 7 or 8 figures. This is executive compensation territory where stock options are common forms of compensation. An exec might have a 6 figure salary, but their overall compensation is higher due to stock options.

Evidence or speculation? I suppose you are also one of those who think the majority of wealthy inherited it too?
 

Ldir

Platinum Member
Jul 23, 2003
2,184
0
0
Originally posted by: ProfJohn
Originally posted by: techs
So basically I think the evidence is clear. Increasing taxes on the rich will create more jobs.

Thanks, all for your help.

/thread
Are you related to Baghdad Bob???

I don't think one person agreed with your idea and yet you claim victory? Are you delusional or just afraid to admit that you were wrong?

I think he learned that from you.
 

Painman

Diamond Member
Feb 27, 2000
3,728
29
86
If Obama raises tax rates upon small business owners making more than 250K a year (back to the level they paid during the Clinton admin), I'm SURE there will be a diaspora of SBOs to Mexico.

Reverse Illegal Immigration?

Will Sam Wurzelbacher be leading the charge, Plunger in Hand? God, I hope so.
 

Corn

Diamond Member
Nov 12, 1999
6,389
29
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Originally posted by: Matthiasa
Higher taxes almost only result to people that have the means to move to place of lower taxes to do so as long as there standard of living and the surrounding areas remains similar to what they're use to.
As it stands they are already taxed at a higher rate then any other group as is on there personal income. If you wanted to invest more you to could lower your total tax rate through proper investment since capital gains can be used by more then just the extremely wealthy. Anyone nowadays can invest in the markets.
So in other words come up with you're original and marketable idea, or even just improved idea and you wouldn't have to deal with what you seem to think is to high of taxes for yourself but at the same time your more then willing to tax others.

Originally posted by: Corn
Originally posted by: techsWell, Microsoft could have ONLY been founded in America and only succeeded in America. We funded the space program which enable the advancement of the microprocessor, etc.

Yeah, because only Americans are smart enough to develop software and only Americans purchase software.

Here's a list of the top 100 software companies.........lots of 'em were founded outside of the USA.

Silly liberals.

Might want to take a closer look at the list. Of the top 10, 8 are from the US, and simple
math shows that they make the majority of the income from that list by more then a little bit.
But hey maybe math wasn't ever your thing.

You might want to take a closer look at Tech's and my post. He claimed successful software companies can "ONLY" be started in America. Evidently reading comprehension isn't your thing.
 

JKing106

Platinum Member
Mar 19, 2009
2,193
0
0
Originally posted by: ProfJohn
Originally posted by: JKing106
2009 Income Tax Rates

0 - 8350 = 0%
8350 - 33950 - 15%
33950 - 82250 - 25%
82250 - 171550 - 28%
171550 - 373950 - 33%
373950 - cap - 35%

Nobody making $100k is taxed 70%, and never will be. If the pre 1980 income tax bracket was reinvoked, you would have to make $3 million a year to be taxed 70%. Are you seriously going to tell me you can't make it on $1.2 million a year? $100k a year is fucking fortune, and will be a little more than $70k after taxes. Boo fucking hoo. Don't buy shit you don't need, and you can live like a king on that kind of money.

Where's all the outrage over corporate welfare? The subsidies cheaters? It's always about the negros and wetbacks, isn't it? Probably because you don't want to piss off the people you're hoping to get some crumbs from.

"Can I get some crumbs offa yo table, massa? My wife needs a new BMDubya!"
Say what??

1. 100k is NOT a fortune, especially if you have kids.

2. There are TONS of families with combined incomes of over 100k.

3. Who the fuck are you to tell people that they make too much money and that they should stop crying about it? Tell the poor people to get off their lazy asses and work more. Tell the poor people that they aren't getting anymore free cell phones and free healthcare and free food and free childcare etc etc.

BTW come back when you move out of mom and dads house and get a job and tell us if you think you are paying too much or too little in taxes.

1. Yes, it is. Again, don't buy shit you don't need. BMW's, swimming pools, jet ski's, $500k McMansions. You know, "keep up with the Jones'" shit. The stuff that makes poor people feel superior to poorer people.

2. So? Where did I say there weren't?

3. You sure as fuck don't mind taking advantage of free public school, free public roads, and free police of fire department, do you? Your hypocrisy if fucking amazing. Fuck everyone else for taking your precious money, but those lazy fucks better pay theirs!

BTW Come back when you stop bending over for Limbaugh/Hannity/Coulter/Fox, etc. and start using your brain to think for yourself. You're a fucking embarrassment to yourself, and you're too stupid to realize it.
 

blackangst1

Lifer
Feb 23, 2005
22,902
2,359
126
Originally posted by: JKing106
Originally posted by: ProfJohn
Originally posted by: JKing106
2009 Income Tax Rates

0 - 8350 = 0%
8350 - 33950 - 15%
33950 - 82250 - 25%
82250 - 171550 - 28%
171550 - 373950 - 33%
373950 - cap - 35%

Nobody making $100k is taxed 70%, and never will be. If the pre 1980 income tax bracket was reinvoked, you would have to make $3 million a year to be taxed 70%. Are you seriously going to tell me you can't make it on $1.2 million a year? $100k a year is fucking fortune, and will be a little more than $70k after taxes. Boo fucking hoo. Don't buy shit you don't need, and you can live like a king on that kind of money.

Where's all the outrage over corporate welfare? The subsidies cheaters? It's always about the negros and wetbacks, isn't it? Probably because you don't want to piss off the people you're hoping to get some crumbs from.

"Can I get some crumbs offa yo table, massa? My wife needs a new BMDubya!"
Say what??

1. 100k is NOT a fortune, especially if you have kids.

2. There are TONS of families with combined incomes of over 100k.

3. Who the fuck are you to tell people that they make too much money and that they should stop crying about it? Tell the poor people to get off their lazy asses and work more. Tell the poor people that they aren't getting anymore free cell phones and free healthcare and free food and free childcare etc etc.

BTW come back when you move out of mom and dads house and get a job and tell us if you think you are paying too much or too little in taxes.

1. Yes, it is. Again, don't buy shit you don't need. BMW's, swimming pools, jet ski's, $500k McMansions. You know, "keep up with the Jones'" shit. The stuff that makes poor people feel superior to poorer people.

2. So? Where did I say there weren't?

3. You sure as fuck don't mind taking advantage of free public school, free public roads, and free police of fire department, do you? Your hypocrisy if fucking amazing. Fuck everyone else for taking your precious money, but those lazy fucks better pay theirs!

BTW Come back when you stop bending over for Limbaugh/Hannity/Coulter/Fox, etc. and start using your brain to think for yourself. You're a fucking embarrassment to yourself, and you're too stupid to realize it.

Seriously WTF. First of all, $100k is alot of money in *some* places in the country, but not most. Second, it is definitely NOT a fortune-anywhere. And WTF do you have against buying nice things anyway? Shouldnt one enjoy their life according to what they want? Maybe youre the type who is content making $24,000/yr and dont aspire to more, but that is unAmerican, and NOT the founding philosophy of this country.
 

SunSamurai

Diamond Member
Jan 16, 2005
3,914
0
0
I would have to agree 100k is pretty much a fortune to the vast majority of people in the USA.. not to mention the people on Earth. Unless you are stupid and get yourself into huge debt because you buy over your means. Didnt a bunch of people do that and now banks are pissed off?
 

JKing106

Platinum Member
Mar 19, 2009
2,193
0
0
Originally posted by: blackangst1
Originally posted by: JKing106
Originally posted by: ProfJohn
Originally posted by: JKing106
2009 Income Tax Rates

0 - 8350 = 0%
8350 - 33950 - 15%
33950 - 82250 - 25%
82250 - 171550 - 28%
171550 - 373950 - 33%
373950 - cap - 35%

Nobody making $100k is taxed 70%, and never will be. If the pre 1980 income tax bracket was reinvoked, you would have to make $3 million a year to be taxed 70%. Are you seriously going to tell me you can't make it on $1.2 million a year? $100k a year is fucking fortune, and will be a little more than $70k after taxes. Boo fucking hoo. Don't buy shit you don't need, and you can live like a king on that kind of money.

Where's all the outrage over corporate welfare? The subsidies cheaters? It's always about the negros and wetbacks, isn't it? Probably because you don't want to piss off the people you're hoping to get some crumbs from.

"Can I get some crumbs offa yo table, massa? My wife needs a new BMDubya!"
Say what??

1. 100k is NOT a fortune, especially if you have kids.

2. There are TONS of families with combined incomes of over 100k.

3. Who the fuck are you to tell people that they make too much money and that they should stop crying about it? Tell the poor people to get off their lazy asses and work more. Tell the poor people that they aren't getting anymore free cell phones and free healthcare and free food and free childcare etc etc.

BTW come back when you move out of mom and dads house and get a job and tell us if you think you are paying too much or too little in taxes.

1. Yes, it is. Again, don't buy shit you don't need. BMW's, swimming pools, jet ski's, $500k McMansions. You know, "keep up with the Jones'" shit. The stuff that makes poor people feel superior to poorer people.

2. So? Where did I say there weren't?

3. You sure as fuck don't mind taking advantage of free public school, free public roads, and free police of fire department, do you? Your hypocrisy if fucking amazing. Fuck everyone else for taking your precious money, but those lazy fucks better pay theirs!

BTW Come back when you stop bending over for Limbaugh/Hannity/Coulter/Fox, etc. and start using your brain to think for yourself. You're a fucking embarrassment to yourself, and you're too stupid to realize it.

Seriously WTF. First of all, $100k is alot of money in *some* places in the country, but not most. Second, it is definitely NOT a fortune-anywhere. And WTF do you have against buying nice things anyway? Shouldnt one enjoy their life according to what they want? Maybe youre the type who is content making $24,000/yr and dont aspire to more, but that is unAmerican, and NOT the founding philosophy of this country.

So you're saying that if I don't try to get rich, or I don't even dream of getting rich, I'm "unAmerican?!" I think you need to stop watching "Cribs." Are you seriously that shallow? Do you literally worship the dollar? Well, join the ranks. You have good company with some in this forum.

 

JKing106

Platinum Member
Mar 19, 2009
2,193
0
0
Originally posted by: aeternitas
I would have to agree 100k is pretty much a fortune to the vast majority of people in the USA.. not to mention the people on Earth. Unless you are stupid and get yourself into huge debt because you buy over your means. Didnt a bunch of people do that and now banks are pissed off?

$100k per year. It astounds me that anyone can think that's a small sum of money. Maybe to a trust fund baby, or a socipathic social climber.
 

Matthiasa

Diamond Member
May 4, 2009
5,755
23
81
Originally posted by: Corn
Originally posted by: Matthiasa
snip

You might want to take a closer look at Tech's and my post. He claimed successful software companies can "ONLY" be started in America. Evidently reading comprehension isn't your thing.

The largest ones have been created here, you know the ones that make hte majority of the income on that list, which is contrary to what you claimed. So maybe analysis isn't your thing?
I commented on the size of them, and said nothing about techs bs about intelligence and Americans will to purchase crap, so it is just that bs.

Originally posted by: blackangst1
Originally posted by: JKing106
snip

Seriously WTF. First of all, $100k is alot of money in *some* places in the country, but not most. Second, it is definitely NOT a fortune-anywhere. And WTF do you have against buying nice things anyway? Shouldnt one enjoy their life according to what they want? Maybe youre the type who is content making $24,000/yr and dont aspire to more, but that is unAmerican, and NOT the founding philosophy of this country.

100k a year would be considered a high income in almost every single part of the country. I however would not consider it rich but it is still in the top few percent for personal income. Even for household income that would be in top 20% nation wide and thats with 2 people working. Though I will admit two college educated people could very easily make that. It still would be top 20% jointly, qualifying as a lot in most places, even though I would say thats still very far from rich.
 

blackangst1

Lifer
Feb 23, 2005
22,902
2,359
126
Originally posted by: JKing106
Originally posted by: blackangst1
Originally posted by: JKing106
Originally posted by: ProfJohn
Originally posted by: JKing106
2009 Income Tax Rates

0 - 8350 = 0%
8350 - 33950 - 15%
33950 - 82250 - 25%
82250 - 171550 - 28%
171550 - 373950 - 33%
373950 - cap - 35%

Nobody making $100k is taxed 70%, and never will be. If the pre 1980 income tax bracket was reinvoked, you would have to make $3 million a year to be taxed 70%. Are you seriously going to tell me you can't make it on $1.2 million a year? $100k a year is fucking fortune, and will be a little more than $70k after taxes. Boo fucking hoo. Don't buy shit you don't need, and you can live like a king on that kind of money.

Where's all the outrage over corporate welfare? The subsidies cheaters? It's always about the negros and wetbacks, isn't it? Probably because you don't want to piss off the people you're hoping to get some crumbs from.

"Can I get some crumbs offa yo table, massa? My wife needs a new BMDubya!"
Say what??

1. 100k is NOT a fortune, especially if you have kids.

2. There are TONS of families with combined incomes of over 100k.

3. Who the fuck are you to tell people that they make too much money and that they should stop crying about it? Tell the poor people to get off their lazy asses and work more. Tell the poor people that they aren't getting anymore free cell phones and free healthcare and free food and free childcare etc etc.

BTW come back when you move out of mom and dads house and get a job and tell us if you think you are paying too much or too little in taxes.

1. Yes, it is. Again, don't buy shit you don't need. BMW's, swimming pools, jet ski's, $500k McMansions. You know, "keep up with the Jones'" shit. The stuff that makes poor people feel superior to poorer people.

2. So? Where did I say there weren't?

3. You sure as fuck don't mind taking advantage of free public school, free public roads, and free police of fire department, do you? Your hypocrisy if fucking amazing. Fuck everyone else for taking your precious money, but those lazy fucks better pay theirs!

BTW Come back when you stop bending over for Limbaugh/Hannity/Coulter/Fox, etc. and start using your brain to think for yourself. You're a fucking embarrassment to yourself, and you're too stupid to realize it.

Seriously WTF. First of all, $100k is alot of money in *some* places in the country, but not most. Second, it is definitely NOT a fortune-anywhere. And WTF do you have against buying nice things anyway? Shouldnt one enjoy their life according to what they want? Maybe youre the type who is content making $24,000/yr and dont aspire to more, but that is unAmerican, and NOT the founding philosophy of this country.

So you're saying that if I don't try to get rich, or I don't even dream of getting rich, I'm "unAmerican?!" I think you need to stop watching "Cribs." Are you seriously that shallow? Do you literally worship the dollar? Well, join the ranks. You have good company with some in this forum.

No, thats not what Im saying. What Im saying is, the opportunity to create wealth for yourself and your family is American. To berade those who DO pursue those dreams is pretty crappy. Really. we all have different dreams man. If someone wants to enjoy the finer things in life, nicer cars, faster cars, big houses, nice things, provide private education for their kids, and to be able to retire in some fasion other than poverty, what the hell is so bad with that? You said "don't buy shit you don't need.". America isnt about just getting by. Its about having the freedom to strive for a higher quality of life.

Why are you so bitter against those who do?
 

blackangst1

Lifer
Feb 23, 2005
22,902
2,359
126
Originally posted by: JKing106
Originally posted by: aeternitas
I would have to agree 100k is pretty much a fortune to the vast majority of people in the USA.. not to mention the people on Earth. Unless you are stupid and get yourself into huge debt because you buy over your means. Didnt a bunch of people do that and now banks are pissed off?

$100k per year. It astounds me that anyone can think that's a small sum of money. Maybe to a trust fund baby, or a socipathic social climber.

I dont think anyone is saying its a small amount of money. You called it "a fortune". Which it is FAR from. Its upper middle class.
 

JKing106

Platinum Member
Mar 19, 2009
2,193
0
0
I don't have any problem with anyone "striving" to make more money. I wonder why "more money" equals success or happiness in their minds, but have it. I have a problem with people who have the money to buy all the aforementioned "bullshit" a thousand times over, but still want to bitch about giving any of that money to the society that allowed them to get that fucking rich. I'm talking about hundreds of millions and billions, not $250k, $500k, or even $1 million per year. MULTI-MILLIONAIRES AND BILLLIONAIRES WHO CAN EASILY AFFORD IT, WTIH NO IMPACT TO THEIR LIFESTYLES. People who are actively trying to get even more of their tax share shifted to people just like you, and you're kissing their asses. "I'm being robbed!" Well, fucking move. You'll find the taxes much higher in other industrialized countries. Good luck with that. Why am I having to explain this to you? It's common sense. Again, stop watching fucking "Cribs." It's a fairy tale.
 

JKing106

Platinum Member
Mar 19, 2009
2,193
0
0
Originally posted by: blackangst1
Originally posted by: JKing106
Originally posted by: aeternitas
I would have to agree 100k is pretty much a fortune to the vast majority of people in the USA.. not to mention the people on Earth. Unless you are stupid and get yourself into huge debt because you buy over your means. Didnt a bunch of people do that and now banks are pissed off?

$100k per year. It astounds me that anyone can think that's a small sum of money. Maybe to a trust fund baby, or a socipathic social climber.

I dont think anyone is saying its a small amount of money. You called it "a fortune". Which it is FAR from. Its upper middle class.

It's a figure of speech. Jesus, you're dumb. COMPARITIVELY, it IS a fortune. Did you miss the part where half the population lives on less than $50k?
 

blackangst1

Lifer
Feb 23, 2005
22,902
2,359
126
Originally posted by: JKing106
I don't have any problem with anyone "striving" to make more money. I wonder why "more money" equals success or happiness in their minds, but have it. I have a problem with people who have the money to buy all the aforementioned "bullshit" a thousand times over, but still want to bitch about giving any of that money to the society that allowed them to get that fucking rich. I'm talking about hundreds of millions and billions, not $250k, $500k, or even $1 million per year. MULTI-MILLIONAIRES AND BILLLIONAIRES WHO CAN EASILY AFFORD IT, WTIH NO IMPACT TO THEIR LIFESTYLES. People who are actively trying to get even more of their tax share shifted to people just like you, and you're kissing their asses. "I'm being robbed!" Well, fucking move. You'll find the taxes much higher in other industrialized countries. Good luck with that. Why am I having to explain this to you? It's common sense. Again, stop watching fucking "Cribs." It's a fairy tale.

Well, seeing how I believe in a flat tax we'll have to agree to disagree. And seeing how even though the wealthy pay pay the majority of taxes already in this country, we'll agree to disagree. They ALREADY give to society. Youre just too blind to see it.
 

blackangst1

Lifer
Feb 23, 2005
22,902
2,359
126
Originally posted by: JKing106
Originally posted by: blackangst1
Originally posted by: JKing106
Originally posted by: aeternitas
I would have to agree 100k is pretty much a fortune to the vast majority of people in the USA.. not to mention the people on Earth. Unless you are stupid and get yourself into huge debt because you buy over your means. Didnt a bunch of people do that and now banks are pissed off?

$100k per year. It astounds me that anyone can think that's a small sum of money. Maybe to a trust fund baby, or a socipathic social climber.

I dont think anyone is saying its a small amount of money. You called it "a fortune". Which it is FAR from. Its upper middle class.

It's a figure of speech. Jesus, you're dumb. COMPARITIVELY, it IS a fortune. Did you miss the part where half the population lives on less than $50k?

I honestly dont think you know the value of a dollar.

In 2006 there was an HBO documentary about giving a near homeless guy $100,000 with the premise they can follow his progress and how he spends it. He didnt blow huge amounts of money and it was gone in 9 months. He didnt even really buy anything expensive other than a pickup for like $35,000.

The point? $100k isnt as much as you think it is. Certainly no where near a "fortune".
 

JKing106

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Mar 19, 2009
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Originally posted by: blackangst1
Originally posted by: JKing106
I don't have any problem with anyone "striving" to make more money. I wonder why "more money" equals success or happiness in their minds, but have it. I have a problem with people who have the money to buy all the aforementioned "bullshit" a thousand times over, but still want to bitch about giving any of that money to the society that allowed them to get that fucking rich. I'm talking about hundreds of millions and billions, not $250k, $500k, or even $1 million per year. MULTI-MILLIONAIRES AND BILLLIONAIRES WHO CAN EASILY AFFORD IT, WTIH NO IMPACT TO THEIR LIFESTYLES. People who are actively trying to get even more of their tax share shifted to people just like you, and you're kissing their asses. "I'm being robbed!" Well, fucking move. You'll find the taxes much higher in other industrialized countries. Good luck with that. Why am I having to explain this to you? It's common sense. Again, stop watching fucking "Cribs." It's a fairy tale.

Well, seeing how I believe in a flat tax we'll have to agree to disagree. And seeing how even though the wealthy pay pay the majority of taxes already in this country, we'll agree to disagree. They ALREADY give to society. Youre just too blind to see it.

Of course you believe in the flat tax, another scam to fuck middle and lower class tax payers. First we get rid of the estate tax, which lets us keep all our money, then we get the flat tax passed, which lets us keep all out money. Brilliant. When did you decide money was the most important thing in your life?