What to Make of This Data?

[deepatrax]

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Let's just agree the rich should pay a higher percentage.
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they already do.

I still don't get why some Leftists bring this up. What are you arguing for? The rich already pay higher taxes, they pay the majority percentage of them.

what more do you want??

60% tax rates? 80%? 95%??

 

[Tony]

what more do you want??

60% tax rates? 80%? 95%??

Yes.

 

[balrog666]

Wealth /= Income.

Beyond that, it's a joke.

 

[leftysergeant]

they already do.

I still don't get why some Leftists bring this up. What are you arguing for? The rich already pay higher taxes, they pay the majority percentage of them.

Proportionate to the share of the national wealth that they control or the damage that they do, they are still not paying their share. There is simply no way to earn an honest living without putting some burden on the commons or exploiting the labor of others. If you are not paying a decent, living wage, and not cleaning up your slop behind you, you are stealing labor and fouliong your own nest, and you owe something back to society.

A fair rate of individual income tax would be about a percentage point of tax for every ten percentage points by which the income being taxed excedes the modal income for the nation, assuming that there is no current emergency which requires immediate government action and emergency funding.

This leaves small business people and the average worker free of any heavy tax burden until they actually start to acquire some sort of material wealth. It leaves more money in the communities in which the small entrepreneur and the working person are generating wealth and where ecconomic activity is more easily monitored and regulated by local governments. The larger and more wide-spread corporations, of course, are only subject to federal regulation and oversight, and that adds a lot to the cost of regulatory agencies. There is no reason that the local yokels should have to pick up that cost. They could not even afford to cover it to any extent.

Corporations should be taxed at a flat rate on all profits not paid out to tax-paying entities within the jurisdiction of the USA.

Anchoring the tax rates to the modal rather than mean income is crucial here to achieve fairness, because it kicks in at a relatively low income level at a bearable level, as long as everyone is doing well, and then becomes more of a burden on the high earners when things start to go badly. The more the middle class makes, the less the Two-percenters pay proportionately. The less the middle class makes, the steeper the increase in the taxes on the Two-percenters until it levels out again.

 

[respect]

Proportionate to the share of the national wealth that they control or the damage that they do, they are still not paying their share. There is simply no way to earn an honest living without putting some burden on the commons or exploiting the labor of others. If you are not paying a decent, living wage, and not cleaning up your slop behind you, you are stealing labor and fouliong your own nest, and you owe something back to society.

A fair rate of individual income tax would be about a percentage point of tax for every ten percentage points by which the income being taxed excedes the modal income for the nation, assuming that there is no current emergency which requires immediate government action and emergency funding.

This leaves small business people and the average worker free of any heavy tax burden until they actually start to acquire some sort of material wealth. It leaves more money in the communities in which the small entrepreneur and the working person are generating wealth and where ecconomic activity is more easily monitored and regulated by local governments. The larger and more wide-spread corporations, of course, are only subject to federal regulation and oversight, and that adds a lot to the cost of regulatory agencies. There is no reason that the local yokels should have to pick up that cost. They could not even afford to cover it to any extent.

Corporations should be taxed at a flat rate on all profits not paid out to tax-paying entities within the jurisdiction of the USA.

Anchoring the tax rates to the modal rather than mean income is crucial here to achieve fairness, because it kicks in at a relatively low income level at a bearable level, as long as everyone is doing well, and then becomes more of a burden on the high earners when things start to go badly. The more the middle class makes, the less the Two-percenters pay proportionately. The less the middle class makes, the steeper the increase in the taxes on the Two-percenters until it levels out again.

Just out curiosity, what are your views on outsourcing?

 

[deepatrax]

Proportionate to the share of the national wealth that they control or the damage that they do, they are still not paying their share. There is simply no way to earn an honest living without putting some burden on the commons or exploiting the labor of others. If you are not paying a decent, living wage, and not cleaning up your slop behind you, you are stealing labor and fouliong your own nest, and you owe something back to society.

A fair rate of individual income tax would be about a percentage point of tax for every ten percentage points by which the income being taxed excedes the modal income for the nation, assuming that there is no current emergency which requires immediate government action and emergency funding.

This leaves small business people and the average worker free of any heavy tax burden until they actually start to acquire some sort of material wealth. It leaves more money in the communities in which the small entrepreneur and the working person are generating wealth and where ecconomic activity is more easily monitored and regulated by local governments. The larger and more wide-spread corporations, of course, are only subject to federal regulation and oversight, and that adds a lot to the cost of regulatory agencies. There is no reason that the local yokels should have to pick up that cost. They could not even afford to cover it to any extent.

Corporations should be taxed at a flat rate on all profits not paid out to tax-paying entities within the jurisdiction of the USA.

Anchoring the tax rates to the modal rather than mean income is crucial here to achieve fairness, because it kicks in at a relatively low income level at a bearable level, as long as everyone is doing well, and then becomes more of a burden on the high earners when things start to go badly. The more the middle class makes, the less the Two-percenters pay proportionately. The less the middle class makes, the steeper the increase in the taxes on the Two-percenters until it levels out again.

Under your complicated tax plan, will Michael Moore still remain a millionaire?

 

[leftysergeant]

Just out curiosity, what are your views on outsourcing?

That's what tariffs are for. And those companies that sell their goods and services here, but have their phone banks in Mumbai should pay all the normal payroll taxes that an employer would pay here, and withhold a normal amount of income tax, and pay it here.

Might as well broaden the base of Social Security a bit.

 

[leftysergeant]

Under your complicated tax plan, will Michael Moore still remain a millionaire?

Depends on how well the rest of us are doing.

 

[deepatrax]

Depends on how well the rest of us are doing.

you tell me, based on the current economic situation in America.

It would seem that your plan would just drive people who want to be successful out of America. And Corporations too.

 

[respect]

That's what tariffs are for. And those companies that sell their goods and services here, but have their phone banks in Mumbai should pay all the normal payroll taxes that an employer would pay here, and withhold a normal amount of income tax, and pay it here.

Might as well broaden the base of Social Security a bit.

Do you understand that outsourcing is based on total input costs, taxes being one that the government controls, so the more they tax, the more outsourcing there is?

Outsourcing isn't bad by the way, for the dumb.

 

[leftysergeant]

Do you understand that outsourcing is based on total input costs, taxes being one that the government controls, so the more they tax, the more outsourcing there is?

So tax the outsourcing. They're still using our infrastructure and should not shove the costs onto the rest of us.

Outsourcing isn't bad by the way, for the dumb.

When it takes money out of the ecconomy, it sucks like a black hole.

 

[leftysergeant]

It would seem that your plan would just drive people who want to be successful out of America. And Corporations too.

So we divide what used to be ConAgra land between farmers who remain and live on the land and nationalize the mines and oil wells that they abandon and refuse them entry into our markets. The real entrepreneurs, as opposed to the useless paper entrepreneurs will jump at the chance to start all over again.

 

[respect]

So tax the outsourcing. They're still using our infrastructure and should not shove the costs onto the rest of us.



When it takes money out of the ecconomy, it sucks like a black hole.

First off, no one knows what an "ecconomy" is. Second, it doesn't take money out of the economy, anybody capable of passing a high school economics course knows that. Third, they can leave and you can't tax them at all.

 

[leftysergeant]

First off, no one knows what an "ecconomy" is. Second, it doesn't take money out of the economy, anybody capable of passing a high school economics course knows that.

In-country, no, it does not remove money from the ecconomy. Off-shore does. Anyone with an IQ above room temp knows that.

Third, they can leave and you can't tax them at all.

Well, if they are not doing business here, they are not creating a problem, either. If they don't want our resources and infrastructure, buh-bye. Otherwise, they pay their taxes.

 

[respect]

In-country, no, it does not remove money from the ecconomy. Off-shore does. Anyone with an IQ above room temp knows that.

So you think that everyone who isn't an idiot has an IQ below room temperature? Whatever that means.

Trade and comparative advantage increase wealth.

Well, if they are not doing business here, they are not creating a problem, either. If they don't want our resources and infrastructure, buh-bye. Otherwise, they pay their taxes.

And if they got sick of your jealous whining and left you wouldn't have a job and be able to afford your astounding food budget.

 

[leftysergeant]

And if they got sick of your jealous whining and left you wouldn't have a job and be able to afford your astounding food budget.

Ayn Rand has sucked out your common sense. If they leave, they can't take the resources and infrastructure with them, and they can be denied access to the markets. somebody else with a brain and a soul can do something with the stuff they leave behind.

 

[respect]

Ayn Rand has sucked out your common sense. If they leave, they can't take the resources and infrastructure with them, and they can be denied access to the markets. somebody else with a brain and a soul can do something with the stuff they leave behind.

I have never read anything from Ayn Rand, try again.

 

[leftysergeant]

I have never read anything from Ayn Rand, try again.

Sorry. your suggestion that we would have to just let the whiney baby capitalists go Galt on us suggested that you were into that crap.

 

[respect]

Sorry. your suggestion that we would have to just let the whiney baby capitalists go Galt on us suggested that you were into that crap.

I hate strawmen too, let's beat that @##$#$@.