On taxing the Mega Rich in USA. Some numbers I crunched

[274ina]

"If we taxed the rich" threads are like "If I Had a Billion Dollars" threads. Wishful thinking about an imaginary outcome.

94% in WW2 and 70% in Nam was not wishfull thinking..................

 

[274ina]

You want people making $200k/year to pay 80% taxes and be left with $40k/year?

Average 80%.

say 50% for $200k to 90% over $1mil

 

[Mach]

No facts so they start with "envy" agian! LMAO!!

Well, let's get overtechnical since you're harping on this.

Let me offer the folloing abbreviated definitions to show the logical difference

Jealousy: Wanting what someone else has
Envy: Wanting what someone else has, and wanting that other person to NOT have it

So, I might believe you if you tell me that you're jealous, but not envious.

Although seeing you just posted that income >$1M you'd want to tax it 90%, I think the "i'm not envious" argument is stretched too thin. You better do that gradually, do it quickly and bad things will happen.

 

[Neomalthusian]

Average 80%.

say 50% for $200k to 90% over $1mil

One of the only plus sides I could see to this sort of taxation is that it might start to give people a better grasp of just how much ****ing money the Federal government blows every year. The true weight of their fiscal recklessness is somewhat clouded to us because so much of it is borrowing. In the end, more of us might start wanting a smaller Federal.

 

[Mach]

Negotiated?

Yes.

Really strange concept to you is it?

 

[274ina]

Well, let's get overtechnical since you're harping on this.

Let me offer the folloing abbreviated definitions to show the logical difference

Jealousy: Wanting what someone else has
Envy: Wanting what someone else has, and wanting that other person to NOT have it

So, I might believe you if you tell me that you're jealous, but not envious.

Although seeing you just posted that income >$1M you'd want to tax it 90%, I think the "i'm not envious" argument is stretched too thin. You better do that gradually, do it quickly and bad things will happen.

"they " have what the worker created.......... Kind of hard to envy what is yours in the first place......

What bad things?
Them leaving? Please GO! (but dont forget your 877A taxes on world assets) LOL

 

[Federalist]

One of the only plus sides I could see to this sort of taxation is that it might start to give people a better grasp of just how much ****ing money the Federal government blows every year. The true weight of their fiscal recklessness is somewhat clouded to us because so much of it is borrowing. In the end, more of us might start wanting a smaller Federal.

It blows me away that all that money goes to the FEDERAL government. We need a federation for the purposes of common defense and some commercial standardization tasks. We are a federation of sovereign states. Not provinces, or counties, but states, each with their own government. All this crap that the federation is doing ought to be done (or not done) by each state.

 

[274ina]

Yes.

Really strange concept to you is it?

Having been a barganing delaget no its not. I got to see LOTS of refusing to negociate......
And one place refused to pay me my pay.....refused to negociate.......Untill protest shut down there operation.......Then they paid up damb fast!

Tell me about the Negociation with PATCO?
That Romney did when he forced 750 people......and "offered" **** jobs back.......min wage and no beni's...........

Any person with any knowledge of labor history knows that No corp EVER negociates......
they only understand FORCE and MONEY.

 

[TurtleDude]

That is my favorite post of the night.

I wish you a ocean liner filled with good luck in getting what you requested.

Interesting given when you were asked about your positions on a gun topic you replied

I have stated my position over and over and over again and its in those 22,000 posts.

I WILL NOT reward intellectual laziness. I WILL NOT play into the hands of a wannabe prosecutor in the make believe imaginings of their own Starr Chamber.

Its intellectual laziness for people claiming that the rich don't pay enough to not know what they are currently paying

 

[TurtleDude]

94% in WW2 and 70% in Nam was not wishfull thinking..................

If you think others should pay marginal rates this high so should you.

 

[Neomalthusian]

It blows me away that all that money goes to the FEDERAL government. We need a federation for the purposes of common defense and some commercial standardization tasks. We are a federation of sovereign states. Not provinces, or counties, but states, each with their own government. All this crap that the federation is doing ought to be done (or not done) by each state.

Be ready for the Big Government advocates to whip out their race to the bottom arguments. Start formulating your response now.

 

[Mach]

Having been a barganing delaget no its not. I got to see LOTS of refusing to negociate......
And one place refused to pay me my pay.....refused to negociate.......Untill protest shut down there operation.......Then they paid up damb fast!

It's voluntary silly, you can walk away and go find someone else to negotiate with, or not. Good grief. The amount of mental absence you have to engage in to hold these views is so extreme.

they only understand FORCE and MONEY.

Still being forced by Apple to upgrade to the latest iphone? You're almost funny.

 

[clownboy]

The real condition, as it has been true from the very beginning of man, is that those few who achieve the largest amount of wealth (whatever is considered wealth at the time), also have acquired the tools to keep it. In today's term, that means they are highly mobile in a global sense and are not tied to any country by anything other than self preference. Destroy that preference and they won't be "here" to pay even what they pay now (which is considerable). They can and do live anywhere, and can pick the tax system that suits their preference on the giving vs keeping scale.

JFK knew that, as did the congress of the time, when they closed a number of shelters and loopholes, but at the same time lowered the top rate.

 

[274ina]

If you think others should pay marginal rates this high so should you.

Fine with me during war. Excluding cost of living .........:2razz: so that means ZERO with my income LMAO

 

[274ina]

It's voluntary silly, you can walk away and go find someone else to negotiate with, or not. Good grief. The amount of mental absence you have to engage in to hold these views is so extreme.

Still being forced by Apple to upgrade to the latest iphone? You're almost funny.

wow, looks like you lost because you are trying to distract to comsumer products that have nothing to do with labor negociations.

 

[274ina]

Be ready for the Big Government advocates to whip out their race to the bottom arguments. Start formulating your response now.

Race to the bottom is a REALITY.

I live it.

And so do 30 mil + workers and unemployed in USA.

 

[Mach]

"they " have what the worker created.......... Kind of hard to envy what is yours in the first place......
What bad things? Them leaving? Please GO! (but dont forget your 877A taxes on world assets) LOL

Then yes, you're envious by your own admission. Yelling at TurtleDude agreeing with you that it's envy, seems insane.

 

[Mach]

Be ready for the Big Government advocates to whip out their race to the bottom arguments. Start formulating your response now.

lol

Race to the bottom is a REALITY. I live it. And so do 30 mil + workers and unemployed in USA.

Hint. Stop racing to the bottom. Freedom is a bitch I know.

 

[Neomalthusian]

Race to the bottom is a REALITY.

I live it.

And so do 30 mil + workers and unemployed in USA.

Sounds like you aren't sure what is meant by "race to the bottom" in this context. Click the link.

 

[274ina]

Sounds like you aren't sure what is meant by "race to the bottom" in this context. Click the link.

I have studied it for 20 years.
Now I live it.

Go **** yourself. Patronizing scum.

 

[cmakaioz]

I think most rich people got that way by taking advantage of the opportunities given to them and working hard.

Many of them did...and that's something most rich people have in common with the working classes of the world:

We ALL worked hard so that the rich could be rich.

 

[clownboy]

I have studied it for 20 years.
Now I live it.

Go **** yourself. Patronizing scum.

Displaying you really do know about living the race to the bottom and are practicing it. Take Mach's advice, you went the wrong direction, reverse your course.

 

[Neomalthusian]

I have studied it for 20 years.
Now I live it.

Go **** yourself. Patronizing scum.

Hmm. So maybe you do know what's meant by it then, guess we'll have to take your word for it, because you certainly don't provide much detail. Race to the bottom is pretty macro policy phenomenon. If you've studied it for 20 years, I would think you could see why saying "I live it" is kind of an odd thing to say, and you would provide some explanation rather than just lash out as you did. :shrug:

 

[274ina]

Hmm. So maybe you do know what's meant by it then, guess we'll have to take your word for it, because you certainly don't provide much detail. Race to the bottom is pretty macro policy phenomenon. If you've studied it for 20 years, I would think you could see why saying "I live it" is kind of an odd thing to say, and you would provide some explanation rather than just lash out as you did. :shrug:

here is race to the bottom in action in todays news.

More U.S. firms may shift some business from China to ASEAN: survey - Yahoo! News

Damb those china slaves! They want to make a living wage!

Living "race to the bottom" is life for millions of Americans. Only fantasy economy people dont get it.

 

[Mach]

I have studied it for 20 years.
Now I live it. Go **** yourself. Patronizing scum.

20 years of doing the wrong thing right. And it's our fault?