O
Orogeny
Guest
At least that confirms that the conspiracy theory is only in your mind.I think you can do your own research.![]()
Now, is racism a one way street?
Peace
Tim
At least that confirms that the conspiracy theory is only in your mind.I think you can do your own research.![]()
Just type in any of the states mentioned, or Boeing for that matter, and labor. You’ll be on your way.Listing states doesn’t tell us anything. Be specific.
We know you’re for the Buffett rule. How do you feel about the other “Buffett Rule”. In 2010, Berkshire Hathaway (Buffett’s Fund) bought Burlington Northern. One of that railroad’s chief cargoes is oil from Canada’s tar sands, going to refineries in Texas. Buffett is a big political and financial supporter of not only Obama but Neb. Senator Ben Nelson. Nelson happens to own $5 million in Berkshire Hathaway stock. Now, the Keystone Pipeline would take a lot of freight business away from Burlington Northern, and therefore from Berkshire Hathaway, and therefore from Buffett and Nelson. Nelson is the principal opponent of the Keystone Pipeline and has enlisted two Buffett-supported environmental groups to make all the fuss and propaganda. And so, Obama won’t approve the Keystone Pipeline, and thereby hurt the financial interests of one of his major supporters, even though it would create jobs and improve America’s fuel supplies as well as making them less costly. (Keep in mind that the Keystone Pipeline would not use a cent of government money…and, yes, it’s “shovel ready”)
“Buffett Rule #2” then, is “Buy politicians to make money even if it is detrimental to the country”.
So, the questions are: 1. Do you also support Buffett Rule #2? and 2. If not, and if you see the corruption in Rule #2, why do you think Rule #1 is any more honest than Rule #2?
You may not have spent enough time researching the subject.At least that confirms that the conspiracy theory is only in your mind.
Now, is racism a one way street?
Peace
Tim
1.The top 1% pay 70+% of the taxes. 85,000 people pay 93% of all federal taxes. Just not fair.Just type in any of the states mentioned, or Boeing for that matter, and labor. You’ll be on your way.
I must admit I was shocked to learn that Warren Buffett was a capitalist.eek
Is that what you guys refer to as an Ad hominem?
When I said I was in favor of the “Buffett Rule.” I should have said, I was in favor of increasing the tax burden on the wealthiest americans. Then putting that money to good use. Looking after the elderly, the poor, and the handicapped. Little things like that.
ATB
Devil is in the details. Flat tax of what…income? if so what kind of income? Consumption? If so is everything subject to tax or are there exceptions? I love the concept of a flat consumption based tax FWIW.When are people going to wise up and realize that a flat % tax is the only fair way to tax a society.
That whole FAIR thing doesn’t fly around here. Apparently the founding fathers forgot to write it down. They probably thought it went without saying.When are people going to wise up and realize that a flat % tax is the only fair way to tax a society.
Luigi, I don’t really care how much they’ve payed. When I see them sporting wool. It’s time to shear them.1.The top 1% pay 70+% of the taxes. 85,000 people pay 93% of all federal taxes. Just not fair.
It’s stealing. Period.
- Raising taxes on dividends means taxing money twice (the money invested was already taxed). Heck lets tax it 10 times.
Go to a national sales tax and no income tax.
Is racism a one way street?You may not have spent enough time researching the subject.![]()
As pointed out elsewhere (was it earlier on this thread?), there is a difference between fairness and justice. What do you want? Fairness? Or justice?That whole FAIR thing doesn’t fly around here. Apparently the founding fathers forgot to write it down. They probably thought it went without saying.
ATB
Fariness, this is not about justice.As pointed out elsewhere (was it earlier on this thread?), there is a difference between fairness and justice. What do you want? Fairness? Or justice?
If you want an “income tax” have it at say 10% of what is stated as earned income.Devil is in the details. Flat tax of what…income? if so what kind of income? Consumption? If so is everything subject to tax or are there exceptions? I love the concept of a flat consumption based tax FWIW.
Lisa
Luigi, I don’t really care how much they’ve payed. When I see them sporting wool. It’s time to shear them.![]()
So a person that earns a good living by working a legitimate job, needs to get cut down to size?Luigi, I don’t really care how much they’ve payed. When I see them sporting wool. It’s time to shear them.![]()
Point 1: No good. You are the one saying the conservatives have done terrible things to labor. The burden is on you, not on those whom you address. Point them out specifically, and demonstrate that conservatives did whatever they did and that those things were harmful to labor in a measurable way. If you fail to do it, your proposition fails.Just type in any of the states mentioned, or Boeing for that matter, and labor. You’ll be on your way.
I must admit I was shocked to learn that Warren Buffett was a capitalist.eek
Is that what you guys refer to as an Ad hominem?
When I said I was in favor of the “Buffett Rule.” I should have said, I was in favor of increasing the tax burden on the wealthiest americans. Then putting that money to good use. Looking after the elderly, the poor, and the handicapped. Little things like that.
ATB
No sir. The guy or girl making a good living is not what we are talking about. We are talking about the upper earners who through years of manipulation of our political system. Pay a lower percent then that guy or girl making a decent living.So a person that earns a good living by working a legitimate job, needs to get cut down to size?
Point 1: No good. You are the one saying the conservatives have done terrible things to labor. The burden is on you, not on those whom you address. Point them out specifically, and demonstrate that conservatives did whatever they did and that those things were harmful to labor in a measurable way. If you fail to do it, your proposition fails.
Point 2: Of course Buffett is a capitalist, of the “crony capitalist” subgenre. Nobody said he wasn’t, and everybody knows he is. The question raised is his credibility as a person who has the public good foremost in his mind in his public actions. Are his proposals to be taken at face value, or has he something else in mind? Do we trust “crony capitalists” or do we not?
Point 3: Since the “Buffett Rule” won’t do any of the things you said, (even Obama admits it) perhaps you might research and explain to us why, exactly, the administration which you admire has done absolutely nothing for the elderly, the poor or the handicapped, particularly back in 2009 and early 2010 when they could have done anything they wanted. On the contrary, this administration proposes cutting $500 billion out of Medicare and has massively expanded those eligible for Medicaid making it even harder for the truly needy to access the limited “Medicaid slots” providers have. In addition, it has shifted reimbursement from “chronic care” to “well care”. Of course, the handicapped and many of the poor are disproportionately represented among those needing “chronic care”.
In looking at the candidates and parties, one ought not go by “conventional wisdoms”, but by actions and the realities they bring about.
I refuse to be wealthy. Besides, I think it’s called voodoo economics if I’m not mistaken.Hi, Mickey Finn,
I think you are on to something that you could probably patent and become wealthy…!While many have heard of 'Fantasy Football" and “Fantasy Baseball” - I do not think that that anyone prior to today has what I think you have launched here: “Fantasy Economics”.
For a current update on just where we stand - check out this link: brillig.com/debt_clock/ While China is our biggest creditor, they are not the only country holding US I.O.U’s. With $16.6 Trillion in debt you would think that we were living beyond our means… or something. The so-called ‘wealthy’ simply do not have the money to simply pay off this debt in taxes… so we need to look other places - and two come to mind: reduce spending while increasing revenue… unless, of course you are playing ‘Fantasy Economis’ where the apparent object of the game is deny any problem that can not be directly attribute to the ‘wealthy’. Your response below seems to neatly summarize that position.
But, you will probably wind up in some serious competition - there has already been the launch of “Fantasy Government” - where soaking all taxpayers and pretending that there is no end to the money supply (as long as the presses at the Treasury Department keep on cranking out Ben Franklins!) is the rule. The current players demonstrating their ability at playing this game will soon be revealing some of their secrets to success - the GSA is testifying before Congress … unless, of course they take the 5th Amendment position which is a one-turn only ‘wild card’.
Seriously, your expressed view of totaly taxation on the wealthy “…sprout wool, shear it” shows a posssible knowledge deficit on how our economy really works. But, don’t believe me - just show me which successful W-2 wage earner has actually hired other people! Honest. The issue is jobs - and that means hiring people to produce either a good or a service. The only folks who do this are entrepreneurs. Are you willing to risk your money to produce a good or service (“Fantasy Economics”?) in the hope of making more money but with the possibility of losing all that you put in (and even more if you took out a loan to fund your dream). What are you going to do? Stay with W-2 income or really do something for this economy of ours
It was previously pointed out that Buffett, while very wealthy, owes the largest amount of money to the US Government then anyone else in the form of taxes that he has failed to pay. Warren Buffett is about as closer to being the ‘Wiz of Oz’ than any one else - he truly is all smoke and mirrors. His proclaimed desire to have the wealthy pay more in taxes is just talk - he really should sit down and write a check and just pay what he owes. And, if truth be known, even if Buffett did not owe a penny in back taxes - and he still thought that the rich should pay more in taxes - nothing would have stopped him for sitting down and writing the US Treasury a check and doing just that. But, NO - he is into hype, deception…and hypocracy
Put your shearing scissors back up - you run the risk of killing the sheep you want to attack.Remember the story about the ‘Golden Goose’…here is an interesting economic variation on that tale: nypost.com/p/news/opinion/opedcolumnists/goose_punch_economics_JjWGdVWVj4Wbkc71JdOA0O
God bless
I think I’m shooting for utility. There are a lot of things that need fixing in this country. These repairs cost money. I guess you can figure out the rest with any more typing on my part.As pointed out elsewhere (was it earlier on this thread?), there is a difference between fairness and justice. What do you want? Fairness? Or justice?
Your position has become much clearer now.I think I’m shooting for utility.