What wage is just?

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Dracarys said:
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_Ruby:
You really need to be more careful in your finding of data - this is not the first time you have fallen for and repeated false information you found on the internet.

Your own website states: ‘‘The benchmark we use refers to the Top Marginal Tax Rate for individuals’’
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I am well aware that these are progressive (you say banded) rates. Truly wealthy individuals will quickly reach that top rate, and their income at and above that stage will be taxed in excess of 50 %. As I said truly successful people are penalized.

Your the one that needs to be more careful of making careless assumptions.
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You have repeatedly made the blanket statement that Denmark taxes at 55%. Why are you making blanket statements on the basis of an exceptional tax rate? Its as representative as me repeatedly stating Walmat pays a wage of $100,000, whilst neglecting to address the fact that amount is only given to its top management.

Are you just going to gloss over the fact the actual numbers in your source are incorrect? You keep correcting the actual Dane who is telling you how taxes in Denmark work. It is possible to take a breath, listen and digest what he is saying rather than jumping all over the place with your assumptions and dubious information sources.
 
Dracarys said:
Americans who are unemployed like your earlier coal miner example can start their own businesses, seek employment in other industries, etc. Our current unemployment rate is at an all time low.
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I can’t let this comment completely slide. A coal miner in Podunk KY is never going to get his mining job back but often these people are also stuck where they are. Many own the property they live on but there are no buyers as there are no jobs. Start their own? Doing what? It’s a horribly depressed area and most of their neighbors are in the same situation…no jobs, no money to move and no opportunities to get out of it. They overwhelmingly voted Trump because he promised the coal jobs would be brought back. They weren’t and they won’t.

Other areas of the country are booming but often the jobs are low paying retail. These jobs lead nowhere. What we need desperately is retraining programs and assistance to get the desperate folks out of desperate areas and retrained for jobs that pay decently. The minute this is suggested, people either want private retraining centers (charging money for the retraining) or No New Taxes for government solutions. No free rides! Even though this would get so many back into the work force and paying those taxes back.

Just start a business, even in a thriving area takes money up front. Who’s going to loan money to coal miners that have been unemployed for 7 years? Business startups takes some savvy business knowledge which many don’t have…look at the failure rates! Those that have failed will probably never get loans again. The problem is we have too many ways to fail our citizens and not enough working solutions to help them.

Final thought…I’m amazed at how many of the wealthy pay little to no taxes…I have a feeling this is why Trump doesn’t want his taxes made public. Corporations have many legal tricks to avoid taxes as well. What I think most people want from businesses and business owners is a fair game. If an entity is paying the full amount of our high corporate taxes, I think other businesses look at them like they are fools for it, not utilizing the double Dutch and other loopholes to escape the rate.
 
Most businesses are fair, partly because it is legally required to do so. We know from history that without such legislation, it does not always happen.
 
Good people do not need to be told how or what to do.
Those who have a conscience and a moral compass know what to do.
Ultimately, the great majority of us know what God wants. But doing what God wants does not always coincide with what people want to do.
Should I pay a fair wage or should I make just a little more profit? What to do?
 
Pattylt said:
can’t let this comment completely slide. A coal miner in Podunk KY is never going to get his mining job back but often these people are also stuck where they are.
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Sure their stuck if they have your hopeless attitude. You can’t always help what happens to you, but you can control how you react to what occurs. You appear to be a person who wallows in misery and always plays the victim.

These miners are tougher than you give them credit. Yes they may or may not take a loss on their property, and the may have to accumulate funds by working two jobs for a while. Yes they may even have to move. Through creativity and determination they can improve their situation.

However, thus is a thread about higher wages. I hope you don’t want employers to pay everyone more money. Business principles remain the same. If you contribute only $9 an hour of worth you won’t get paid $17 an hour.
 
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Those other businesses would be right to do so. There is no practical or moral reason to pay higher taxes than you must. Tax avoidance is a virtue.
 
Cheating on taxes is cheating. And cheating is a sin. Those who avoid paying taxes are cheating. Spin it, however you want.
But God knows what is going on.
 
YourNameHere said:
Should I pay a fair wage or should I make just a little more profit? What to do?
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It’s not as simple as that. Often times the decision is not to just “make more profit” vs less. It can be do I keep paying these guys more than their worth or close up shop and go out of business.

Most of you people seem to have no idea how business works, yet you feel qualified to critisize. No business can continue to prop up employees who are not contributing or contributing little to the company. That is why I say companies are not charities.

Even if s company can continue to be a going concern the business owner gas a right to enjoy large payouts since he is the one who risked his capital and put in the time and headaches to start his business. I never see any of you coming down on the side of the owner.
 
YourNameHere said:
Cheating on taxes is cheating. And cheating is a sin. Those
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Who said anything about “cheating”?. I know there are many sensitive people here, and at the risk of being called “uncivil” I must say the level of ignorance on this thread is very high.

Through LEGAL tax planning and preparation by a qualified individual it is entirely possible to save on taxes without cheating.
 
_Ruby said:
You have repeatedly made the blanket statement that Denmark taxes at 55%. Why are you making blanket statements on the basis of an exceptional tax rate? Its as representative as me repeatedly stating Walmat pays a wage of $100,000, whilst neglecting to address the fact that amount is only given to its top management.
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You are the one ignoring facts I’ve already explained to you. The rate I wrote is accurate in that wealthy people do pay that amount once they exceed lower hurdles. I’ve explained that to you in an earlier post yet you act like you don’t know this.

As of 2016 Denmark has one of the highest tax rates in the world, which is often mentioned as one of the biggest objections against the Danish welfare model. The average annual income in Denmark is about 39,000 euros (nearly $43,000) and as such, the average Dane pays a total amount of 45 percent in income taxes. Danish income taxes are based on a progressive tax system, so if you make more than 61,500 euros (about $67,000) per year, an additional tax rate of 7 percent is added over this threshold.

Denmark also has a large VAT. So please stop furthering your own biased opinions.
 
[quote="vz71, post:923, topic:543

People constantly jump to conclusions on this thread. I have tried to do what I can to help, but they aren’t getting it…
 
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Have you ever met any of these people? And I appear to wallow in misery and always play the victim? Do you even know my story? I wasn’t talking about wages… I was responding to YOUR comment…see, its even in there for realsies.

I’m done with you…
 
Arguably, “cheating”, aka evasion could be jusifiable as a form of civil disobedience to an unjust authority which funds homicide (abortion). But we were talking about avoidance, not evasion.
 
Dracarys said:
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_Ruby:
You have repeatedly made the blanket statement that Denmark taxes at 55%. Why are you making blanket statements on the basis of an exceptional tax rate? Its as representative as me repeatedly stating Walmat pays a wage of $100,000, whilst neglecting to address the fact that amount is only given to its top management.
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You are the one ignoring facts I’ve already explained to you. The rate I wrote is accurate in that wealthy people do pay that amount once they exceed lower hurdles.
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You need to distinguish between the marginal tax rate and the overall tax rate. The “lower hurdles” you speak of are the brackets where the highest marginal tax rate begins.

Also, regarding the high tax rate in general, it cannot be evaluated in isolation without considering what the taxpayers get in return for the high tax rate. Free or reduced higher education is a huge one, considering how people here are drowning in student debt. Universal health care is another. It is up to the Danes, of course, to decide if they are getting their money’s worth, not us.
 
LeafByNiggle said:
You need to distinguish between the marginal tax rate and the overall tax rate. The “lower hurdles” you speak of are the brackets where the highest marginal tax rate begin
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Many wealthy people pass through those lower brackets immediately, then all their remaining income is taxed at higher rate. Yes? So as I have been saying the rich are heavily penalized for being successful.
LeafByNiggle said:
Free or reduced higher education is a huge one, considering how people here are drowning in student debt.
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I am skeptical here. As I told another poster I have never heard of a notable Denmark university so I doubt the quality compares to any US ivy league school, but I know the Danes will disagree. I stand by my comment. How many wealthy captains of business have a Harvard degree as compared to University of Denmark or what ever it’s called thete.
 
Humor, my dear boy or girl, humor. You Ancient Greek philosophers are sometimes way too serious.
 
Pattylt said:
Have you ever met any of these people? And I appear to wallow in misery and always play the victim? Do you even know my story? I
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Of coarse I don’t know your story or the story of any of the coal miners. But I do know the US offers more opportunities for wealth than any other country. Those Europeans on this thread will slant it many ways, but while North America has only 5% of world population it has more than 25 % of economic output. One can join the socialist entitlement countries represented here or they can participate in the huge financial opportunities available in the US.
 
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