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How many companies left Oregon for other states of the union? How many rich people moved from the state?
Easy to see class warfare works. How is it that depending were you are at on the economic scale, the money your earn is yours and the government should let you keep it. But cross over that line and your income belongs to the people and you should be happy to let go. Flat tax with no loop holes would be great but too much politics to make it happen. As for business raising prices to cover taxes, wake up people, businesses don't stay in business without making a profit. Taxes are part of the cost of doing business. Either raise prices or cut cost somewhere else to retain profit margin. No different than cutting cost to maintain your house hold budget. But like I said class warfare works. Why fix it if it isn't broke.
To whom? To better organized, better represented, better paid, better subsidized, better lobbied, better connected and better looking folks than you and I. Both the Republican and Democratic parties are controlled by those listed above.
All modesty aside, I have to say I am more handsome than Ron Wyden...
It's time for folks that pay attention and care to re-assess their affiliations and dedications, whether religious, political or labor or cause related. Back the scope off from 12 power on your 'hot button' topic, and pan out to 3 power. Get the big picture. Those that are concerned can zoom out, get perspective, and realize it's all screwed up, and perhaps implement systemic change.
Or not.
Would somebody explain to me the logic of taxing some people more than others? I think Karl Marx explained it best in his Communist Manifesto. He was a big fan of the progressive income tax.
Why we don't simply tax everyone a set portion of their income, eliminate the loopholes? That would make too much sense. Without a progressive income tax it would make it more difficult to demonize those that make more money than us, it would lower the animosity which would in turn all but do away with class warfare. I just don't like that--what else would we do with our time? Keep a close eye on the politicians and how they spend our money? Nah- let's just sit around and complain about the rich not paying their fair share.
I've spent 40 years working for the wealthy. I had a client that grew up in Foster Homes, and became a United Airlines Pilot, and land owner. He is now 70 and bought a 60' yacht that he and his wife enjoy. They had seven kids and all of them have done fine.
I had another client who went to Body & Fender school at a junior college right out of high school. By age 30 he had his own business. He's now 57 and has grown his business nicely since then. 45' sailboat
Another client of mine started at Walmart as a checker. He kept taking college courses and now he is the Actuary for Walmart at their headquarters. He has his own indoor shooting range.
I can site many examples of people who did well who came from humble, and less than humble beginnings.
Anyone, anyone at all who believes they are being held down by someone else or by "The Man" is only being held down by their own self-imposed limitations, and not by any extraneous source or person.
Flat broke immigrants come from all over the world to the U.S. and shame dozens of home-grown white boys in this country by their industrialism, and go-for broke attitude when it comes to pursuing education, careers, and their own businesses.
On the other hand there is no shame at all in being employed, and being content at whatever you do. Most people are like that, and such a life is good enough for most of us.
But, for those that are always blaming "The Man" (the wealthy) or somebody else for their own lot in life, I suggest you leave that attitude at the door as the only one who suffers is you, and yours. Oh... And it doesn't change anything for you. You and you alone remain in doldrums of life. Either make changes, or be content with your lot in life and enjoy what you have.
This nation is either the land of opportunity (capitalism) or the land of entitlements (socialism), depending on one's political slant. That's what it boils down to.
With capitalism, the sky is the limit. With socialism, you always run out of other people's money.
Originally Posted by bugeye
"YI'm not saying that wealthy people don't deserve the wealth they have, I'm saying that they should be paying their fair share of the taxes. Seems to me if you own 94% of the wealth you should be paying about 94% of the taxes."
Seems to me if people work and earn their wealth they should be able to keep it. Socialist always want to share the wealth of others because socialist can't seem to earn for themselves. We would be better off as a country if the socialist would leave our money alone and go earn some by work, not stealing.
jj
First, one more time: "socialist" is NOT a plural noun! Grammatically you should say "a socialist" or "the socialists" if you want to continue pretending to know what you are talking about.
Second, I SUPPORT the very-wealthy actually working and earning their wealth, and would love to see them start DOING that! There are relatively few "self-made" millionaires; most are born into a huge cushion of dough and inherit their grubstake and education. Then they hire people to "grow" their money, usually by investments rather than actual production of anything. And if anything is produced, it is made by a large bunch of people who are paid only a fraction of the value of what they produce with the Owner keeping most of the profits. Meanwhile society as a whole breeds, cares for, educates and transports the workers for the benefit of the Owner. It is only right that these Owners pay taxes for the infrastructure of society which feeds a steady supply of capable workers to the door of their business, for the Owners to extract profit from.
Again, those who benefit the most from society's infrastructure, the wealthy, can pay a larger percentage taxes to support that infrastructure. They "made" their money OFF OF society, and they can pay some of it back as a cost of having society engineered to serve them.........................elsullo
Of all those people who left Oregon how many jobs did they take with them?
Again, those who benefit the most from society's infrastructure, the wealthy, can pay a larger percentage taxes to support that infrastructure. They "made" their money OFF OF society, and they can pay some of it back as a cost of having society engineered to serve them.........................elsullo
Who pays the most taxes in this country?
The U.S. individual income tax is "highly progressive," with a small group of higher-income taxpayers paying most of the individual income taxes each year. Did you know that?
The top 5 percent of taxpayers pay more than one-half (53.8 percent) of all individual income taxes, but report roughly one-third (30.6 percent) of income.
The top 1 percent of taxpayers paid 33.7 percent of all individual income taxes in 2002. This group of taxpayers has paid more than 30 percent of individual income taxes since 1995. Moreover, since 1990 this groups tax share has grown faster than their income share.
(IRS)
They can, however, create a business climate that is hostile to investors (the wealthy) by raising taxes.
By playing politics with the tax structure, i.e. the "Obama tax cuts" (which were not cuts at all), these bozos have made a bad situation even worse. Nobody in their right mind is about to invest anything without knowing what to expect in the foreseeable future. Even the IRS is screwed up due to the indecision and outright failure of Congress and this administration.
And we wonder why the economy is like it is. Oh yeah, tax the rich. That'll fix it.
A surefire way to fix the economy is to declare a guaranteed two year across-the-board Federal tax holiday. The economy would be back on its feet within a month. A spending freeze sure would be nice too.
Let's start here:
Who pays the most taxes in this country?
The U.S. individual income tax is "highly progressive," with a small group of higher-income taxpayers paying most of the individual income taxes each year. Did you know that?
The top 5 percent of taxpayers pay more than one-half (53.8 percent) of all individual income taxes, but report roughly one-third (30.6 percent) of income.
The top 1 percent of taxpayers paid 33.7 percent of all individual income taxes in 2002. This group of taxpayers has paid more than 30 percent of individual income taxes since 1995. Moreover, since 1990 this groups tax share has grown faster than their income share.
(IRS)
Whom pays no taxes in this country?
47% of the population pay ZERO income taxes.
(IRS)
I do share your concern about what I call, "Runaway Capitalism".
And, this can be fixed by properly elected officials. (HA!)
Nonetheless, Socialism (Progressives) is not a sound answer. We are currently seeing Socialist forms of government falling apart at the seams worldwide.
We are also seeing the effects of too much entitlements being paid by U.S. cities to unsustainable Union contracts.
An example is Vallejo, California. They had to file bankruptcy over this very issue.
We've got a pretty good thing going here. We need to dress down our system and take care of problems, but not change our form of government.
Source: United States Treasury Department
Rich Pay More Under Bush Tax Cuts
Again, those who benefit the most from society's infrastructure, the wealthy, can pay a larger percentage taxes to support that infrastructure. They "made" their money OFF OF society, and they can pay some of it back as a cost of having society engineered to serve them.........................elsullo
What?:huh: