minimum wage increase?!? only if the wealthiest get a tax break, too

[fitzov]

Originally posted by: Triumph

Originally posted by: fitzov

Oh god think of the children!

Yes. I agree. The way we treat children, the elderly, the sick, generally, people that can't help themselves, is an indication of how we treat people in general. Minimum wage is one example that people that don't rely on it really don't give a shite.

Show me where in the states there are 12 year olds working in the coal mines for pennies. Show me where in the states there is an absolute need for 16 year olds to make enough flipping burgers to support their family. Are you really proposing a living wage for teenagers? Do you think that their life is that hard? If I was a 90 year old guy who used to work in a sweat shop when I was 10, I'd be disgusted with your relationship between my experience and what teens of today have to go through.

equal pay for equal work--teen or not.

 

[Eos]

Originally posted by: Genx87

Originally posted by: ayabe

Originally posted by: Genx87

Originally posted by: Pacemaker
I am against the estate tax, but not because of the rich. I used to live in an area with many family farms and most times when the Owner of the land dies, the farm has to be sold. The estate tax on the average family farm is INSAINE when most of them barely make ends meet from year to year.

If you live in an area with a lot of family owned farms you would feel the same way. How does someone who makes about as much as a school teacher afford the 100-500k bill when someone dies?

As the poster above you will say "Because they are rich duh!"

Well then perhaps there should be an exemption for family farms, ONLY.

Bush has often cloaked this repeal of the "Death Tax" under this guise of protecting farmers, while they are by far the smallest group who will reap any benefit. This is similar to the SUV small business tax write off that was supposed to be for family farms to buy these vehicles to help them clear brush or whatever, but mostly it was used by doctors, lawyers, accountants, or your mom selling trinkets on ebay as an excuse to write off a $60,000 SUV.

The same situation occurs when family business's are inherited that are valued at greater than the cap. If my parents owned a business worth 5 million dollars, where do I come up with the cash for the tax on 2 million of it?

The problem I have with the estate tax is the concept you are taxing wealth from family members to other family members. The other problem is often times the value isnt in cash but assets like stocks, bonds, or property. Something you may not be able to get cash value out of at a reasonable price to pay the tax.

This country is built on private ownership of wealth. The idea somebody thinks they have a right to take wealth somebody created through their life because they passed away is ridiculous.

I have no problem with the people recieving the estate pay capital gains on the assets when they are sold. Capital gains being taxation on profits realized.

I also realize this affects a small % of the population, but so does minimum wage increases, but nobody seems to have a problem talking about that.

Why does it matter to you how wealth is gained?

Wealth gained is wealth gained.

It should be taxed. You shouldn't be able to get something for nothing. Being born to an a$$hole dad who was never around because he was making millions doesn't count.

 

[NetGuySC]

We should raise the minimum wage to $90/hour.

We can end poverty and class envy in one fell swoop.

But unfortunately we may also have to raise taxes since the RICH do not pay any taxes..

 

[randym431]

my post

I brought this up. But the "mono-rater" didnt like it... Wonder why... Hummmmmm

 

[1EZduzit]

Joe Smith started the day early having set his alarm clock (MADE INJAPAN)for 6am. While his coffeepot (MADE IN CHINA) was perking, he shaved with his electric razor (MADE IN HONG KONG). He put on a dress shirt(MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE) and tennis shoes (MADE IN KOREA).

After cooking his breakfast in his new electric skillet(MADE IN INDIA) he sat down with his calculator (MADE INMEXICO ) to see how much he could spend today. After setting his watch (MADE IN TAIWAN) to the radio (MADE IN INDIA) he got in his car ( MADE IN GERMANY) filled it with GAS from Saudi Arabia and continued his search for a good paying AMERICAN JOB.

At the end of yet another discouraging and fruitless day checking his Computer (Made InMalaysia), Joe decided to relax for a while. He put on his sandals (MADE IN BRAZIL) poured himself a glass of wine (MADE IN FRANCE.! .France!!) and turned on his TV( MADE IN INDONESIA), and then wondered why he can't find a good paying job in.. AMERICA.....

 

[wetech]

Originally posted by: 1EZduzit
Joe Smith started the day early having set his alarm clock (MADE INJAPAN)for 6am. While his coffeepot (MADE IN CHINA) was perking, he shaved with his electric razor (MADE IN HONG KONG). He put on a dress shirt(MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE) and tennis shoes (MADE IN KOREA).

After cooking his breakfast in his new electric skillet(MADE IN INDIA) he sat down with his calculator (MADE INMEXICO ) to see how much he could spend today. After setting his watch (MADE IN TAIWAN) to the radio (MADE IN INDIA) he got in his car ( MADE IN GERMANY) filled it with GAS from Saudi Arabia and continued his search for a good paying AMERICAN JOB.

At the end of yet another discouraging and fruitless day checking his Computer (Made InMalaysia), Joe decided to relax for a while. He put on his sandals (MADE IN BRAZIL) poured himself a glass of wine (MADE IN FRANCE.! .France!!) and turned on his TV( MADE IN INDONESIA), and then wondered why he can't find a good paying job in.. AMERICA.....

Joe Smith sounds like he's got plenty of stuff. Maybe he'd be even better off if he didn't buy that expensive German car? he sure as hell didn't afford it making minimum wage.

 

[addinator]

the wealthiest aren't really getting a tax break... rather, they are getting what is rightfully do. why should your money, after being taxed once, be taxed again? why should the government get to tax you twice? how would you like it if you were going to leave your estate and your lifetime achivements to your family only to have all that taxed once again?

and though i see comments suggesting otherwise, the rich do pay taxes. more than you do. yes, they write things off. they give money away to reduce the tax burden, but why not? there is nothing wrong with that. they've been successful, why shouldn't they be able to enjoy that success? their family members should be able to also enjoy that success as well. what is the vendetta here against those whom are rich? it seems to me that it is almost wrong to be a successful person whom has attained considerable wealth. i mean, jealousy is one thing. spite is entirely another.

 

[wetech]

Originally posted by: addinator
the wealthiest aren't really getting a tax break... rather, they are getting what is rightfully do. why should your money, after being taxed once, be taxed again? why should the government get to tax you twice? how would you like it if you were going to leave your estate and your lifetime achivements to your family only to have all that taxed once again?

and though i see comments suggesting otherwise, the rich do pay taxes. more than you do. yes, they write things off. they give money away to reduce the tax burden, but why not? there is nothing wrong with that. they've been successful, why shouldn't they be able to enjoy that success? their family members should be able to also enjoy that success as well. what is the vendetta here against those whom are rich? it seems to me that it is almost wrong to be a successful person whom has attained considerable wealth. i mean, jealousy is one thing. spite is entirely another.

because if you're rich, you obviously had to step on a lot of "the little people" to get there. You most likely work for Haliburton or an Oil Company, eat kittens for breakfast and club baby seals in your spare time. You're evil and don't deserve to keep what you've earned.

 

[fitzov]

the wealthiest aren't really getting a tax break... rather, they are getting what is rightfully do. why should your money, after being taxed once, be taxed again?

I thought a "tax break" was either a refund or a lowering in the rate at the bracket or some special deduction or exemption. What does "being taxed again" have to do with this? We're discussing whether the measure to give the wealthy a tax break makes sense given a rise in the minimum wage.

 

[shadow9d9]

Originally posted by: wetech

Originally posted by: addinator
the wealthiest aren't really getting a tax break... rather, they are getting what is rightfully do. why should your money, after being taxed once, be taxed again? why should the government get to tax you twice? how would you like it if you were going to leave your estate and your lifetime achivements to your family only to have all that taxed once again?

and though i see comments suggesting otherwise, the rich do pay taxes. more than you do. yes, they write things off. they give money away to reduce the tax burden, but why not? there is nothing wrong with that. they've been successful, why shouldn't they be able to enjoy that success? their family members should be able to also enjoy that success as well. what is the vendetta here against those whom are rich? it seems to me that it is almost wrong to be a successful person whom has attained considerable wealth. i mean, jealousy is one thing. spite is entirely another.

because if you're rich, you obviously had to step on a lot of "the little people" to get there. You most likely work for Haliburton or an Oil Company, eat kittens for breakfast and club baby seals in your spare time. You're evil and don't deserve to keep what you've earned.

So, my father being a dentist, and then investing well in the stock market means he stepped on little people? Gotcha.

 

[shadow9d9]

Originally posted by: addinator
the wealthiest aren't really getting a tax break... rather, they are getting what is rightfully do. why should your money, after being taxed once, be taxed again? why should the government get to tax you twice? how would you like it if you were going to leave your estate and your lifetime achivements to your family only to have all that taxed once again?

and though i see comments suggesting otherwise, the rich do pay taxes. more than you do. yes, they write things off. they give money away to reduce the tax burden, but why not? there is nothing wrong with that. they've been successful, why shouldn't they be able to enjoy that success? their family members should be able to also enjoy that success as well. what is the vendetta here against those whom are rich? it seems to me that it is almost wrong to be a successful person whom has attained considerable wealth. i mean, jealousy is one thing. spite is entirely another.

The point is that it should not be attached to a minimum wage bill.. it is a political maneuver to get what they want while looking like they are helping others.. they are separate issues and should be voted on separately.. good job missing the entire point.

 

[Bowfinger]

Originally posted by: Triumph
[ ... ]
And this idea that tax cuts "cost" the government is a play on words. It doesn't "cost" the government anything when everything they get above 0 should be considered a gift.

Sheer nonsense. Taxes are a payment for services rendered, both directly and indirectly. Were it not for America's extraordinary physical, financial, and educational infrastructure--largely built with taxes--the only people in America who could be wealthy are those who were born to wealth. Our taxes are one of the reasons America is so successful and powerful rather than being just another third-world hole. They are an investment in the infrastucture that opens our opportunities.

This thread is simply a podium for socialists and those that believe in redistribution of wealth. If that's what you believe in, fine, there are plenty of other countries who operate that way. ...

Yawn. For the record, the U.S. tax "burden" is significantly lower than other developed, first-world countries. The cries about "socialists" and punishing the wealthy are just Chicken Little diversions, IMHO.

 

[1EZduzit]

Originally posted by: wetech

Originally posted by: Pacemaker

BTW I really need to go back to college and punch the stupid republican professor who told me that 🙂

Do republican professors even exist? 😕

Do bears ****** in the woods?

 

[Pens1566]

Originally posted by: addinator
the wealthiest aren't really getting a tax break... rather, they are getting what is rightfully do. why should your money, after being taxed once, be taxed again? why should the government get to tax you twice? how would you like it if you were going to leave your estate and your lifetime achivements to your family only to have all that taxed once again?

Sales Tax, cigarette tax, gas tax, etc. FTW

 

[Pacemaker]

Originally posted by: shadow9d9

Originally posted by: addinator
the wealthiest aren't really getting a tax break... rather, they are getting what is rightfully do. why should your money, after being taxed once, be taxed again? why should the government get to tax you twice? how would you like it if you were going to leave your estate and your lifetime achivements to your family only to have all that taxed once again?

and though i see comments suggesting otherwise, the rich do pay taxes. more than you do. yes, they write things off. they give money away to reduce the tax burden, but why not? there is nothing wrong with that. they've been successful, why shouldn't they be able to enjoy that success? their family members should be able to also enjoy that success as well. what is the vendetta here against those whom are rich? it seems to me that it is almost wrong to be a successful person whom has attained considerable wealth. i mean, jealousy is one thing. spite is entirely another.

The point is that it should not be attached to a minimum wage bill.. it is a political maneuver to get what they want while looking like they are helping others.. they are separate issues and should be voted on separately.. good job missing the entire point.

I actually think it's an interesting compromise. The Republicans would Never vote for a minimum wage increase and the Democrats would Never vote to remove the inheritance tax. However, if you put both on the same bill it's either going to fail miserably or pass barely.

 

[HombrePequeno]

Originally posted by: Pens1566

Originally posted by: addinator
the wealthiest aren't really getting a tax break... rather, they are getting what is rightfully do. why should your money, after being taxed once, be taxed again? why should the government get to tax you twice? how would you like it if you were going to leave your estate and your lifetime achivements to your family only to have all that taxed once again?

Sales Tax, cigarette tax, gas tax, etc. FTW

Exactly. You're money is double taxed all the time. Almost any time you buy something you're getting taxed on already taxed dollars (unless you live in a state with no sales tax e.g. Oregon). You make money in the stock market? Not only are you getting double taxed but so are the companies you're making money off of.

 

[BlancoNino]

Minimum wage increase is waaaay too high. I see small businesses collapsing.

The tax cut should stand though. But then again, I'm for EVERY tax cut 🙂

 

[Pens1566]

Small businesses like McDonalds, right???

 

[BlancoNino]

Originally posted by: Pens1566
Small businesses like McDonalds, right???

No. Mcdonalds will stay in business. Higher minimum wage just makes it hard for entrepreneurs to open a business to compete with the big corporations. Plus, here in Washington (where minimum wage is a ridiculous $7.63), the "dollar" menu is around $1.29.

 

[nageov3t]

with the solid shape our government is in and the record low deficits, it seems like the right time to pass some more tax cuts.

oh wait...

 

[Strk]

Originally posted by: addinator
the wealthiest aren't really getting a tax break... rather, they are getting what is rightfully do. why should your money, after being taxed once, be taxed again? why should the government get to tax you twice? how would you like it if you were going to leave your estate and your lifetime achivements to your family only to have all that taxed once again?

Most of what is taxed by the estate tax was never taxed in the first place.

 

[Genx87]

Originally posted by: Strk

Originally posted by: addinator
the wealthiest aren't really getting a tax break... rather, they are getting what is rightfully do. why should your money, after being taxed once, be taxed again? why should the government get to tax you twice? how would you like it if you were going to leave your estate and your lifetime achivements to your family only to have all that taxed once again?

Most of what is taxed by the estate tax was never taxed in the first place.

Because it hasnt shown a profit or loss yet.

 

[HombrePequeno]

Originally posted by: BlancoNino

Originally posted by: Pens1566
Small businesses like McDonalds, right???

No. Mcdonalds will stay in business. Higher minimum wage just makes it hard for entrepreneurs to open a business to compete with the big corporations. Plus, here in Washington (where minimum wage is a ridiculous $7.63), the "dollar" menu is around $1.29.

Yeah, it's not the big corporations that care too much about an increase in the minimum wage; they know they can afford it. It's the small business that are trying to compete with the big corporations that are being hurt, not to mention smaller towns where small businesses are important and the cost of living is lower.

The problem is that most of the time you have legislators writing laws that are aimed towards urban areas because that's where most of their voters are. They don't care about the fact that raising the minimum wage to $7.63 will make it harder for small businesses in small towns to operate, leaving the area perfect for places like Wal-Mart. They just care that they're seen as seemingly helping the poor (in urban areas). That may be a large reason why the eastern part of Washington wants to be separated from the western part.

 

[Pens1566]

Text


Dies in the senate.