On the issue of minimum wage... Take a taxpayer 50 dollar bill and throw it out the window in front of a 1%er's house. He takes the taxpayer $50 and sends it to his accountant who invests it (tax free) in an offshore account or a tax free investment. The TaxPayer gets nothing back.
Take the same $50 and throw it out the window in a poor or middle class neighborhood. The poor man finds it and buys some groceries, pays his Nat Grid Bill or even buys a bag of weed. The middle class man takes the $50 and buys lunch for himself and his spouse, pays off $50 of his credit card bill, or buys his wife a bottle of wine and some flowers. In all these cases (even buying a bag of weed) the taxpayers $50 remains in the system. It will be circulated through the community over and over again. Nat Grid pays it's employees, the grocer the credit card company, the lunch counter, the florist the liquor store and even the drug dealer all benefit from that $50, and they spend it in this country and tax revenue is generated by those transactions.
A $10.00 minimum wage has the same effect. Not may minimum wage earners will invest in offshore Cayman Islands tax shelters... they will spend those dollars, usually in the community. A $10. minimum wage helps everyone... even the rich bastard!
Horseshit... That $50 may very well go to a Luxury car dealer, home builder, jeweler, or Yacht builder..all contributing to the Economy...neither or us know..
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
On the issue of minimum wage... Take a taxpayer 50 dollar bill and throw it out the window in front of a 1%er's house. He takes the taxpayer $50 and sends it to his accountant who invests it (tax free) in an offshore account or a tax free investment. The TaxPayer gets nothing back.
What do you mean? Your pension and the returns on your stock portfolio is helped. So the blue collar GE worker that is living off of their pension and stocks depend on these accounting practices to sustain their standard of living during retirement. I'm all for tanking the stock market by taxing the "1%ers" and reducing the returns on every boomers pension and 401K's. It's a great idea.
Horseshit... That $50 may very well go to a Luxury car dealer, home builder, jeweler, or Yacht builder..all contributing to the Economy...neither or us know..
A luxury car, home builder, Jeweler??? Yea a few bucks will go there, but these "JOB CREATORS" hide most of their INVESTMENT MONEY offshore, not is US corporations or in US communities.
How much do the wealthy hide from taxes???
How about 21 trillion dollars! That’s a sum equal to the gross domestic products of the United States and Japan added together.
The rich didn't get that way by saving pennies in a piggy bank. They got there by screwing the taxpayer!
The Guardian: Some 92,000 people,.01% of the world’s population, control $9.8 trillion, and that if all the $21 trillion that has been offshored earned 3% a year and were taxed at 30%, it would raise $188 billion in revenues, more than rich countries spend on aid to the developing world every year. Forbes http://www.forbes.com/sites/fr.....offshore-study-says/
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
A luxury car, home builder, Jeweler??? Yea a few bucks will go there, but these "JOB CREATORS" hide most of their INVESTMENT MONEY offshore, not is US corporations or in US communities.
How much do the wealthy hide from taxes???
How about 21 trillion dollars! That’s a sum equal to the gross domestic products of the United States and Japan added together.
The rich didn't get that way by saving pennies in a piggy bank. They got there by screwing the taxpayer!
What is the rich to you, Box?... really.. what do YOU consider to be rich? I love the generalizations though... ALL rich hide their assets.... Just like the generalization that all the poor are lazy and spend too much money on Lotto tickets and booze...
and for that last generalization? "The rich didn't get that way by saving pennies in a piggy bank. They got there by screwing the taxpayer!" Do you realize how stupid that makes you sound?
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
and for that last generalization? "The rich didn't get that way by saving pennies in a piggy bank. They got there by screwing the taxpayer!" Do you realize how stupid that makes you sound?
He really buys into the Obama left wing rhetoric. If you listened to the State of the Union, you would swear innovation can only happen if government subsidizes it. Wealth from ingenuity and private investment is impossible.
Henry Ford, George Stephenson, W.A. Burt, Samuel Colt, Charles Goodyear, Louis Pasteur - all screwed the taxpayer.
What is the rich to you, Box?... really.. what do YOU consider to be rich? I love the generalizations though... ALL rich hide their assets.... Just like the generalization that all the poor are lazy and spend too much money on Lotto tickets and booze...
and for that last generalization? "The rich didn't get that way by saving pennies in a piggy bank. They got there by screwing the taxpayer!" Do you realize how stupid that makes you sound?
Rich may be in the mind of the beholder, but the SUPER RICH are a definable group.
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According to Oxfam: The richest 85 people across the globe share a combined wealth, as much as the poorest 3.5 billion of the world’s population.
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The Forbes 400... The average net worth of America's 400 richest rose to a record $5 billion. (This figure does NOT include their dollars invested offshore and hidden from US Taxes)
So does this answer your question TBird: "What is the rich to you, Box?... really.. what do YOU consider to be rich?"
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Republican super PACs and other outside groups shaped by a loose network of prominent conservatives – including Karl Rove, the Koch brothers and Tom Donohue of the U.S. Chamber of Commerce – plan to spend roughly $1 billion on November’s elections for the White House and control of Congress.
Why spend $1Billion? It's an investment expense which they will reap rewards for decades and make a huge profit on that political investment, at US Taxpayer expense!
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Why spend $1Billion? It's an investment expense which they will reap rewards for decades and make a huge profit on that political investment, at US Taxpayer expense!
And Dem SuperPacs will spend?? Gotta include unions too...
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
And Dem SuperPacs will spend?? Gotta include unions too...
YUP! And unions represent hundreds of thousands of working class people... collectively probably millions... while the Super Rich represent a handful of the richest. Union members pay taxes, while the Richest of the Rich pay little or none on $billions of dollars hidden from taxation.
US Unions have a vested interest in America. If America succeeds, US Unions will prosper. If the Richest succeed, America, especially the middle class suffers.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
YUP! And unions represent hundreds of thousands of working class people... collectively probably millions... while the Super Rich represent a handful of the richest. Union members pay taxes, while the Richest of the Rich pay little or none on $billions of dollars hidden from taxation. US Unions have a vested interest in America. If America succeeds, US Unions will prosper. If the Richest succeed, America, especially the middle class suffers.
So those union leaders are just ordinary schmucks...right? Talk about the middle class suffering?? How about non-union members that have to try to support the unsustainable Cadillac public sector pensions? And speaking of Cadillacs, as in Cadillac health care plans... why did the Unions health care plans get a pass from ObamaCare penalties while non-union Cadillac plans did not?
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
And speaking of Cadillacs, as in Cadillac health care plans... why did the Unions health care plans get a pass from ObamaCare penalties while non-union Cadillac plans did not?
Because the unions were given permission. Just like the "rich", they are allowed to be rich, as long as the government permits them. GE is allowed to pay no tax and does not get demonized for it because they were given permission.
What Obama and the left oppose is people freely making economic decisions without government approval.
So those union leaders are just ordinary schmucks...right? Talk about the middle class suffering?? How about non-union members that have to try to support the unsustainable Cadillac public sector pensions? And speaking of Cadillacs, as in Cadillac health care plans... why did the Unions health care plans get a pass from ObamaCare penalties while non-union Cadillac plans did not?
"A little knowledge is a dangerous thing"... and tbird appears to have very little knowledge on the topic!
I doubt I can convince Tbird with 'FACTS' since he seems to be a fan of propaganda over FACTS.
For everyone else:
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The administration proposed exempting “certain self-insured, self-administered plans” from the law’s temporary reinsurance fee in 2015 and 2016.
Many Taft-Hartley union plans act as their own insurance company and claims processor. Insurance companies and self-insured employers that hire outside claims administrators would still be liable for the fee.
The fee would shrink to $42 in 2015 and $26 in 2016, disappearing afterward. It would help insurers absorb the cost of care for people with preexisting illness enrolling in plans offered through subsidized marketplaces.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
The keyword is certain... right Boxy? Geez, I wonder what they mean by "certain"???
How 'bout "poor" Union leaders and Cadillac public sector pension plans, Box? You get all upset "paying" for the rich ...(Btw, the vast majority of the Rich still pay more than you in tax rate and actual taxes paid), but you're fine with public sector employees greasing their pension by working tons of overtime the last three years of their careers?
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
The keyword is certain... right Boxy? Geez, I wonder what they mean by "certain"??? Yes certain... the ones that qualify for this temporary benefit.
How 'bout "poor" Union leaders and Cadillac public sector pension plans, Box? How about them???
You get all upset "paying" for the rich ... (Btw, the vast majority of the Rich still pay more than you in tax rate and actual taxes paid), Tax Rate for the richest??? According to Forbes: The top 0.1% (the 135,000 households with income above $1.6 million), tax rate fell to 22.84% in 2010 (Average tax rate for income of $35,000 in 2010 was 25%) (Another tbird fail) We also must consider that the rich HIDE their income so the tax rate they pay is for the dollars that they couldn't hide offshore.
but you're fine with public sector employees greasing their pension by working tons of overtime the last three years of their careers? Really??? Why would you post that??? IMO, when there is continual overtime not caused by some temporary condition, the public sector should hire another employee if the overtime pay would equal the average pay of a new employee.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
First, ask the Average American what qualifies as Rich, and I'll bet you they don't START at 1.6 million...heck to some people in my own county, I would be considered "rich"...and even at 22%, those rich STILL pay more tax than you or I.
You cherry pick the rich just like you cherry pick what to be appalled at... First and foremost, it's not on principle, right or wrong... it's what fits YOUR political agenda.
My concern about government waste is about ALL who do it... My concern about tax cheats and fraud is about ALL who do it...
I don't conveniently protect the entities in my political camp.
Regardless which party is in control, it doesn't benefit me at all because I am not at either end of the income chart...so I really don't worry about it too much. Life is too short to spend it on garbage like that.... I use to respond to your daily troll grenades..now I just laugh at them and comment when I feel like it.
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
First, ask the Average American what qualifies as Rich, and I'll bet you they don't START at 1.6 million...heck to some people in my own county, I would be considered "rich"...and even at 22%, those rich STILL pay more tax than you or I. You cherry pick the rich just like you cherry pick what to be appalled at... First and foremost, it's not on principle, right or wrong... it's what fits YOUR political agenda. My concern about government waste is about ALL who do it... My concern about tax cheats and fraud is about ALL who do it... I don't conveniently protect the entities in my political camp.
Yadda Yadda Yadda. Your argument rests on telling me what I THINK!
I don't "cherry pick" the rich... I make no distinction between Rich Democrats, or Rich Republicans, they are equal scumbags who made it big in this country on the backs of the middle class, if they then cheat the same taxpayers by not paying their fair share. (But your argument does sound almost legitimate if you make it about my politics.)
You've posted "even at 22%, those rich STILL pay more tax than you or I"... OF COURSE THEY DO!!! THAT IS THE POINT OF OUR PROGRESSIVE TAX SYSTEM. THE MORE YOU MAKE THE MORE YOU SHOULD PAY. But of course the tax system states that the filthy rich should pay a higher rate... and as we all know, they pay less than our rate!
Then you post: My concern about government waste is about ALL who do it... My concern about tax cheats and fraud is about ALL who do it... Yea???
So you go after the guy who cheated the US taxpayers out of $4.27... and I'll go after the guy who cheated the US taxpayers out of $4.27 million But you want to treat everyone fairly!
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith