DirtPoor
Well-Known Member
That is a fact too! It is really sad that we are the most powerful county in the world and we have to borrow all this money from everyone...
So, I got a job
- Thread starter UncleBuck
- Start date
DirtPoor
Well-Known Member
I suppose you are right good sir...at least you can still afford to cry about it on the internet.
UncleBuck
Well-Known Member
if you were able to read a little better, you might have noticed this rant was directed at supply side economics.
sure, i get it...you don't like the entire government for the most part. they all suck and it wasn't just one thing or the other that put us where we are. blah blah blah. i get it.
if you wish to put forth a cogent argument about how the 4.6% tax decrease for millionaires and billionaires has been effective at combating stagnant wages or creating greater than zero net job growth, be my guest. i would love to hear it. i would love to quibble about it. that's why i post here, i like to quibble.
i may not have any good answers myself, but i am not so blind as to think that the extension of a 4.6% tax decrease on millionaires is going to have any positive effect over the next two years unlike it did the 8 prior.
UncleBuck
Well-Known Member
not controversial enough, i agree.
i do agree with the fed gov stepping in on civil rights and other arenas.
remember....
1. start thread
2. controversy
3. ???
4. PROFIT
beardo
Well-Known Member
canuckgrow
Well-Known Member
Of course it will have an affect UncleBuck....The Millionaires and billionaires will finally have enough money, so now any future tax cuts will be for the rest of us YIPPPEEE.... You know that lowly old 98% that actually hold all this shit together.
Allister
Active Member
Well, for one thing those of you who are arguing that the cuts were only for the millionaires and above are deluded and have been hanging around MSNBC a little too long. Most of the small business owners and small corporation owners are in a situation where the income from their endeavors is collected on their personal income taxes.
For instance, my family owns a couple of convenience stores that earn about 235K per year when all is said and done. Now that is not pure profit going into our pocket, it has to be used in the running of the business and to keep the gas trucks coming to fill our tanks so you can fill yours.... etc.
This is the case in the majority of small businesses. I don't know the exact ratio, so I won't take a guess at the actual number. But by increasing tax on a sector of people who are providing the lions share of the jobs in this country would be counter productive. That and the fact that the Obama administration (and Slobberin' Barney Frank) has all but openly waged war on the small business sector, has kept many businesses who would like to hire more people on the sidelines until they can figure out just how hard of a fucking we are going to take from this administration. After this last November, it appears that maybe things will start to turn around. Now if we can get Pelosi, Reid, and Bawney Fwank to go away, I for one believe that the economic sector will pick up with the vigor we saw in the 80's.
Oh, and for those of you who feel like you have to toe the libtard line about the millionaires and billionaires bullshit.... just remember that the top 2% of earners pay well over 50% of the taxes as it is.
For instance, my family owns a couple of convenience stores that earn about 235K per year when all is said and done. Now that is not pure profit going into our pocket, it has to be used in the running of the business and to keep the gas trucks coming to fill our tanks so you can fill yours.... etc.
This is the case in the majority of small businesses. I don't know the exact ratio, so I won't take a guess at the actual number. But by increasing tax on a sector of people who are providing the lions share of the jobs in this country would be counter productive. That and the fact that the Obama administration (and Slobberin' Barney Frank) has all but openly waged war on the small business sector, has kept many businesses who would like to hire more people on the sidelines until they can figure out just how hard of a fucking we are going to take from this administration. After this last November, it appears that maybe things will start to turn around. Now if we can get Pelosi, Reid, and Bawney Fwank to go away, I for one believe that the economic sector will pick up with the vigor we saw in the 80's.
Oh, and for those of you who feel like you have to toe the libtard line about the millionaires and billionaires bullshit.... just remember that the top 2% of earners pay well over 50% of the taxes as it is.
jeff f
New Member
so you are saying that if the govt raises your bosses taxes, it will somehow help you? please explain this. this argument is always made from the left and its foolish.
get rich people mad at poor people and vice versa while the man behind the wall (govt) steals from both of you.
a pox on all your houses for wanting someone in a different income level to suffer the mighty hand of govt.
CSI Stickyicky
Well-Known Member
I now earn less than i did twelve years ago. I am better at my job now, and i do the same thing, but i make way less. The people up at the top of the company arent making less. And my company is doing very well, even with the recession that recently ended. I wont say exactly what i do, but it's something that people buy regardless of economy, so it's not really affected by economy much. Steady growth in my industry, but the pay goes down over time.
I used to have benefits. I had a 401K that i put thousands of dollars into, and now its worth squat. I've decided that the only thing useful to invest in is something tangible, like land.
medicineman
New Member
Somebody has been blowing smoke up your ass, that's for sure. First, your business is under the 250K limit, so you would have gotten the tax breaks anyway, and so would everyone else have gotten that tax break on the first 250K, even the super rich guys. The bullshit about hurting small businesses is just that, bullshit, The republicans include businesses that make millions as small businesses, in my humble experience, if you are making millions off of your business, you are no longer a "small" business, and can afford the miniscule 3% tax hike, which in reality, should be much more if we are ever to get serious about the deficit. It is only the rich and super rich that can actually afford to pay down the debt, especially since they have gained the most from this country. BTW, the Millionaire and billionaire line is not bullshit, the average millionaire will get 80,000 back on their taxes, more than double what the average guy makes in this country, see my "how rich are you" thread.
Nope, sorry med man, even if you taxed all 300 million people in the USA 100% and took EVERY penny they made, you still can't pay off the debt, EVER!!!! You might be able to pay the interest but the unfunded liabilities of the US are far to great to ever be paid off, the only way this will end is by making the dollar worthless.
UncleBuck
Well-Known Member
how? by giving them tax breaks? did that.
and control about 80% of the wealth.
perspective, it's great.
UncleBuck
Well-Known Member
you are trying to turn the question around, which is your right, that's fine.
but i was asking for someone, anyone to explain to me the positive effects the temporary 4.6% tax decrease on millionaires has had, while reconciling those positive effects with shrinking wages and zero net job growth since their enactment.
wanting to let a 4.6% tax break for millionaires expire that has had no positive effect on wages or jobs is not exactly 'suffering the mighty hand of government'. cool way to make it sound apocalyptic, though.
perspective. try it, it's great.
jeff f
New Member
way to dodge the question. tell us all how taxing your employer 4.6 % helps you? helps the business that you work for? helps your family?
you have been fooled into thinking that somehow, someway, if they just get the rich guy, life will be so much better. your reasoning is illogical. makes sense in the liberal echo chamber, but not in the real world.
you willingly give the govt the ability to tax you by saying tax the bigger guys. in case yyu havent noticed, the us economy is running out of rich to tax. guess who is next?
then you are gonna bitch because your boss is sick of taking it in the shorts and moves his business over seas. keep punishing business and people with money....see how that works out for you.
Allister
Active Member
Like Thatcher so perfectly said it... the problem with socialism is that eventually you run out of other people's money .
Somebody has been blowing smoke up your ass, that's for sure. First, your business is under the 250K limit, so you would have gotten the tax breaks anyway, and so would everyone else have gotten that tax break on the first 250K, even the super rich guys.
And sorry pal, you are the schmuck with smoke up his ass, I have and continue to live this as this is where my family makes it's money. You are wrong and in case you are too blind to have seen it, that whole 250k thing started sliding down lower and lower almost before it was out of our community organizer's mouth. Wake up and join the real world. That is if you feel like getting off of my dime and actually finding a job.
Somebody has been blowing smoke up your ass, that's for sure. First, your business is under the 250K limit, so you would have gotten the tax breaks anyway, and so would everyone else have gotten that tax break on the first 250K, even the super rich guys.
And sorry pal, you are the schmuck with smoke up his ass, I have and continue to live this as this is where my family makes it's money. You are wrong and in case you are too blind to have seen it, that whole 250k thing started sliding down lower and lower almost before it was out of our community organizer's mouth. Wake up and join the real world. That is if you feel like getting off of my dime and actually finding a job.
UncleBuck
Well-Known Member
guess who i learned it from? the same guy who keeps dodging my question: what positive effects with respect to wages and jobs have come from a 4.6% tax decrease on millionaires?
go ahead and get around to that anytime you want.
the extra tax revenue funds domestic social programs.
there, ya happy? now tell me what positive effects we have seen from this (supposedly) temporary tax decrease.
you are trying to put words in my mouth, trying to make a caricature out of me. it ain't working, because i never said it an i don't believe it. what it does do is illustrate and crystallize jut how simplistic your feeble thought process is.
my assertion, which i will restate is that we have witnessed shrinking wages and zero job growth despite increased productivity since those tax cuts were enacted. caricaturize that, einstein.
in case "yyu" haven't noticed, nasayers and pessimists like you shouted the same thing when clinton did it.
23 million new jobs ensued.
that would be pretty tough considering our whole catch is that all of our plants are locally grown. you are really on fire tonight.
now stop dodging my question, kettle.
I'm pretty sure that the internet had more to do with job creation than any one particular legislative moment that Clinton had, Just coincidence.