Today I become more conservative

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EagleKeeper

Discussion Club Moderator<br>Elite Member
Staff member
Oct 30, 2000
42,589
5
0
Originally posted by: Engineer
Originally posted by: Rainsford
Originally posted by: cKGunslinger
*hugs his 6% effective rate tenderly*

:p

How exactly do you get away with that?

Considering SS/Medicare payroll tax is 7.65%, it's pretty hard. The only way that I could see it is "Earned Income Credit" in which he gets back more than he paid in, but I doubt it. I think he may be forgetting SS and possibly state taxes (assuming his state has a state tax).

TX has no state income tax.

I agree, he is probably looking at the Fed withholding only.

 

5LiterMustang

Senior member
Dec 8, 2002
531
0
0
welcome ot the world, I've been a fiscal and economic conservative since I started reading economics stuff 12 and 13 years ago :)

I make a decent wage and I'm married...I make 1958 dollars twice a month...of that I take home 1500, by the time you take out health insurance which our government doesn't provide I take home about 1350 twice a month...
 

zendari

Banned
May 27, 2005
6,558
0
0
Originally posted by: EatSpam
I'd be willing to cut military spending by 75% and reduce the size of the Fed's wealth redistribution scheme.

Sure, 75% for 75% reduction in SS/Medicare/Medicaid/etc?
 

BaliBabyDoc

Lifer
Jan 20, 2001
10,737
0
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I think some of you are a bit confused.

Fiscal conservative != Republican

It did back in the day when I was a Young Republican . . . well sort of . . . except for DOD spending.

Almost everyone considers themselves a fiscal conservative. The paths diverge when it comes to what you are willing to spend (invest) money on.

Despite being a fierce advocate for public health, I personally believe Medicare is hopelessly lost and Medicaid isn't far behind. Unfortunately, there's no hope of "fixing" them since Republicans in power made the problem worse and Democrats in power would likely suggest "spend more."
 

EatSpam

Diamond Member
May 1, 2005
6,423
0
0
Originally posted by: zendari
Originally posted by: EatSpam
I'd be willing to cut military spending by 75% and reduce the size of the Fed's wealth redistribution scheme.

Sure, 75% for 75% reduction in SS/Medicare/Medicaid/etc?

Sure, why not? It would bring us one step closer to fixing the problems, since Bush broke Medicare so badly and is trying to work the same magic on SS.
 

Martin

Lifer
Jan 15, 2000
29,178
1
81
I used to get mad at my 22%, but I hardly notice it any more.

I guess you now know why I'd like to go live on Monaco...
 

ShadesOfGrey

Golden Member
Jun 28, 2005
1,523
0
0
Originally posted by: Bowfinger
Originally posted by: 13Gigatons
Be glad you have a good job in a first world country.
Hear, hear! I'd rather keep 60% of (e.g.) $100K in the U.S. than 100% of $2K in Guatemala.

So we just have to bend over and take it because we live in the greatest nation on earth? To some of us, the gov't already takes enough of our earnings -but if you're so greatful - be my guest and show us all how 60% greatful you are. The rest of us will kindly only pay what we must to the ever hungry social engineering project called the Federal Government.
 

ShadesOfGrey

Golden Member
Jun 28, 2005
1,523
0
0
Originally posted by: desy
Red states don't get taxed but lag in almost every other measurable quality of life indicator because of it.

:confused: Are suggesting/claiming causation?

So if only the Red states would pay more in taxes - their quality of life indicators would be better? :laugh: :laugh: :laugh: Where do you kids get this sort of comedy?!
 

5LiterMustang

Senior member
Dec 8, 2002
531
0
0
Originally posted by: ShadesOfGrey
Originally posted by: Bowfinger
Originally posted by: 13Gigatons
Be glad you have a good job in a first world country.
Hear, hear! I'd rather keep 60% of (e.g.) $100K in the U.S. than 100% of $2K in Guatemala.

So we just have to bend over and take it because we live in the greatest nation on earth? To some of us, the gov't already takes enough of our earnings -but if you're so greatful - be my guest and show us all how 60% greatful you are. The rest of us will kindly only pay what we must to the ever hungry social engineering project called the Federal Government.

no kidding, I hate it when people say misinformed things like that, or its the cost of living in a free society. What made this country great was economic and personal freedom. Raising costs hinders growth and limits future productivity.
 

5LiterMustang

Senior member
Dec 8, 2002
531
0
0
Originally posted by: desy
Well Stunt
My taxes been paying for your drain on our society for the last 20 yrs.
Now I want soemthing back from you so you can pay tax for my kids as I paid for your birth, your education and so on.
Its called living in a society, you want military commitments? pay for it.
and no not every dollar is spent wisely, but neither is money spent in private industry, I've worked both. As long as productivety of something of value is generated, the money spent and reciprocates around a bit you will be just fine, our economy just fine and a place where you would hope to raise children who have equal or better opportunity than you. I really wouldn't lose too much sleep over it. If your didn't realized the states gets taxed almost as much as Canadians do, you must not actually read a lot of PN posted articles.
Red states don't get taxed but lag in almost every other measurable quality of life indicator because of it.


Our tax rates are higher than canada's as for red states...Texas doesn't lack its a red state, Florida is a red state they seem to be doing pretty good, as is Arizona. I'll tell you who's not doing well, California. Business are fleeing the state although the government there is finally waking up and they're taking steps to keep business in the state. Arnold has done a lot to help fix that state. New York, another blue state not doing so well...so I guess myquestion is what do you use to measure? Because I can find good examples and bad examples of blue and red states. So tell me how do red states lag blue states? My state of Oklahoma is a red state, we dont seem to lack too much around here...our schools suck but our universities aren't and OU is one of the best in the country in several areas.
 

glugglug

Diamond Member
Jun 9, 2002
5,340
1
81
Ah, how I wish the gov't took ONLY 30% of my money..... a lot of good having a neocon gov't does us here in the U.S!
 

Bowfinger

Lifer
Nov 17, 2002
15,776
392
126
Originally posted by: ShadesOfGrey
Originally posted by: Bowfinger
Originally posted by: 13Gigatons
Be glad you have a good job in a first world country.
Hear, hear! I'd rather keep 60% of (e.g.) $100K in the U.S. than 100% of $2K in Guatemala.

So we just have to bend over and take it because we live in the greatest nation on earth?
Not at all. You have the freedom to move to another country. If you want to cash in on the extraordinary opportunities afforded due to our equally extraordinary physical, financial, and educational infrastructure, however, you have to pay your dues. They are all tied together.

Life is a series of choices. If you think you can prosper without our infrastructure, cut the umbilical and head out into the third world to make your fortune. (But take advantage of our government-subsidized medical infrastructure one last time, and get your shots before you go.)


To some of us, the gov't already takes enough of our earnings -but if you're so greatful - be my guest and show us all how 60% greatful you are. The rest of us will kindly only pay what we must to the ever hungry social engineering project called the Federal Government.
"Ever hungry social engineering project?" Yawn. Save the silly rhetoric. We have a whole country full of people who agree many goverment expenses are wasteful. Unfortunately, they disagree on specifically which programs and subsidies are the waste. I suspect my list is quite different from yours. Welcome to democracy.

I only pay what I must as well. I just don't whine about it. I prefer to focus on the great wealth I get to keep rather than obsessing on the part I don't. I see a glass that's more than half full, not a glass that's partly empty.
 

imported_tss4

Golden Member
Jun 30, 2004
1,607
0
0
Originally posted by: Bowfinger
Originally posted by: ShadesOfGrey
Originally posted by: Bowfinger
Originally posted by: 13Gigatons
Be glad you have a good job in a first world country.
Hear, hear! I'd rather keep 60% of (e.g.) $100K in the U.S. than 100% of $2K in Guatemala.

So we just have to bend over and take it because we live in the greatest nation on earth?
Not at all. You have the freedom to move to another country. If you want to cash in on the extraordinary opportunities afforded due to our equally extraordinary physical, financial, and educational infrastructure, however, you have to pay your dues. They are all tied together.

Life is a series of choices. If you think you can prosper without our infrastructure, cut the umbilical and head out into the third world to make your fortune. (But take advantage of our government-subsidized medical infrastructure one last time, and get your shots before you go.)


To some of us, the gov't already takes enough of our earnings -but if you're so greatful - be my guest and show us all how 60% greatful you are. The rest of us will kindly only pay what we must to the ever hungry social engineering project called the Federal Government.
"Ever hungry social engineering project?" Yawn. Save the silly rhetoric. We have a whole country full of people who agree many goverment expenses are wasteful. Unfortunately, they disagree on specifically which programs and subsidies are the waste. I suspect my list is quite different from yours. Welcome to democracy.

I only pay what I must as well. I just don't whine about it. I prefer to focus on the great wealth I get to keep rather than obsessing on the part I don't. I see a glass that's more than half full, not a glass that's partly empty.

nicely put.
 

cKGunslinger

Lifer
Nov 29, 1999
16,408
57
91
Originally posted by: EagleKeeper
Originally posted by: Engineer
Originally posted by: Rainsford
Originally posted by: cKGunslinger
*hugs his 6% effective rate tenderly*

:p

How exactly do you get away with that?

Considering SS/Medicare payroll tax is 7.65%, it's pretty hard. The only way that I could see it is "Earned Income Credit" in which he gets back more than he paid in, but I doubt it. I think he may be forgetting SS and possibly state taxes (assuming his state has a state tax).

TX has no state income tax.

I agree, he is probably looking at the Fed withholding only.

yes
 

ExpertNovice

Senior member
Mar 4, 2005
939
0
0
Originally posted by: Stunt
My capital gains and dividends are taxed at ~15%.
Dad gets 23% on capital gains and 32% on dividends.

This helps anyone with a savings account as well. The banks can only loan so much money and much of the rest is invested.

Thus, since such cuts are said to be "only for the rich" the rich includes anyone with a savings account. Otherwise those making such claims are lying.


edited to add:

BTW, it is often said that a conservative is just a liberal who has been mugged. You should be proud that you have finally learned what the word FREE means. :)

Of course, another quote is "If you are young and not a liberal you have no heart. If you are "old" and are not a conservative you have no brain."
 

Dissipate

Diamond Member
Jan 17, 2004
6,815
0
0
Originally posted by: Stunt
Therefore today I become extra critical of government spending and advocate the rise of economic freedom!!

You couldn't anticipate this happening at all? :confused:

 

Stunt

Diamond Member
Jul 17, 2002
9,717
2
0
Originally posted by: Dissipate
Originally posted by: Stunt
Therefore today I become extra critical of government spending and advocate the rise of economic freedom!!

You couldn't anticipate this happening at all? :confused:
I've always been relatively conservative...it's just a shock when you see how much everyday hardworking people put into this collection plate :p
 

BBond

Diamond Member
Oct 3, 2004
8,363
0
0
The donation has increased under conservative reign far greater than it was under liberal leadership. Why become more conservative? They're the ones increasing spending!
 

Stunt

Diamond Member
Jul 17, 2002
9,717
2
0
Originally posted by: BBond
The donation has increased under conservative reign far greater than it was under liberal leadership. Why become more conservative? They're the ones increasing spending!
Not the ones on this side of the border ;)
 

BBond

Diamond Member
Oct 3, 2004
8,363
0
0
Originally posted by: Stunt
Originally posted by: BBond
The donation has increased under conservative reign far greater than it was under liberal leadership. Why become more conservative? They're the ones increasing spending!
Not the ones on this side of the border ;)

You really need to check out the numbers.
 

sandorski

No Lifer
Oct 10, 1999
70,806
6,362
126
Originally posted by: Stunt
Originally posted by: BBond
The donation has increased under conservative reign far greater than it was under liberal leadership. Why become more conservative? They're the ones increasing spending!
Not the ones on this side of the border ;)

Well, that's because they haven't been given the opportunity in awhile! ;) :D
 

Stunt

Diamond Member
Jul 17, 2002
9,717
2
0
Originally posted by: sandorski
Well, that's because they haven't been given the opportunity in awhile! ;) :D
Maybe not in BC...but the rest of the country has had very successful conservative governments.

PS. I would consider Campbell a conservative...even flew tory blue during the campaign!...:D