Progressive Income Tax

[Tonik]

51 minutes ago, ScubaCinci said:

Making good decisions and sacrifices early in life to position oneself to making a good living is not the popular thing to do these days. Heroin sure isn't helping.

But if they do that who will pay for your airports under your new tax plan?

[ScubaCinci]

I can't claim to be financially schooled enough to come up with a tax plan...my wife OTOH, certainly could.

Never fear Bernie has a plan!

 

[MichaelS]

1 hour ago, DAC said:

Seriously? I lived through that era and remember paying 15.75% on my first car loan. If you did something more than shit your diaper back then you prolly wouldn't make that statement.

Not saying the tax code created all the evils, but the 1980 I lived through was not a place that was "better off."

I am talking pre 80s.  The tax code had nothing to do with the ills of the 80s either.  Unless you are talking about all the cuts the actor made that set us down this road of destruction.

[MichaelS]

9 minutes ago, ScubaCinci said:

I can't claim to be financially schooled enough to come up with a tax plan...my wife OTOH, certainly could.

Never fear Bernie has a plan!

 

Yes investing is poor economics.  That cartoon sure got that right.

[Bad324]

Due to recent economic issues with both my wife and mines companies, I'm hopping on this train. Now only if he will pay off her student loans, pay our monthly cell phone bill and the medical costs associated with the pregnancy then birth of twins. We'll be set 

FEEL THE BERN BITCHES!!!

[Tonik]

2 minutes ago, Bad324 said:

Due to recent economic issues with both my wife and mines companies, I'm hopping on this train. Now only if he will pay off her student loans, pay our monthly cell phone bill and the medical costs associated with the pregnancy then birth of twins. We'll be set 

FEEL THE BERN BITCHES!!!

Just stay the hell away from Joe's airports.

[ScubaCinci]

Yeah, stay off my lawn!

Interesting article...

http://finance.yahoo.com/news/dear-bernie-sanders-sorry-m-172647639.html

[drc32-0]

1 hour ago, Bad324 said:

Due to recent economic issues with both my wife and mines companies, I'm hopping on this train. Now only if he will pay off her student loans, pay our monthly cell phone bill and the medical costs associated with the pregnancy then birth of twins. We'll be set 

FEEL THE BERN BITCHES!!!

According to the O.P. and his  little cartoon you and your wife didn't work hard enough or you made shitty decisions,or both.Again,according to the  cartoon companies don't fuck people,people never get sick,people never have a family crisis.Hell,according to his cartoon companies pay carpenters $25 an hour instead of hiring illegal workers and they have the choice of working anywhere from 20-60 hours a week.Is this a Disney film or what?

Anyone who truly believes that cartoon explains the the America system of economic rewards is very naive and has lived a very pampered life.

[ScubaCinci]

Relax...it's a simplistic look at how the tax system is applied.

[DAC]

You started this shitstorm scuba.  Welcome to www.ohiofirearmsandpointlessbitching.net.

[Tonik]

I am so gonna buy that domain and redirect it to here.

[ScubaCinci]

How is it a shitstorm? If it offends anyone, maybe they are the lazy, teet sucking, freeloader described. Bernie should make them happy.

[DAC]

Yep.  No shitstorm al all.  Nothing to see here.  Move along... Move along.

[DAC]

43 minutes ago, Tonik said:

I am so gonna buy that domain and redirect it to here.

Whoa now.  Somebody might get here and get the wrong idea.  Start riding a motorcycle or some crazy thing like that.

Edited February 24, 2016 by DAC

[ScubaCinci]

Wait 'til @magley64 gets here...then it'll be a shitstorm.

Have we actually summoned anyone yet with tagging?

Edited February 24, 2016 by ScubaCinci

[Connie14]

It doesn't matter how much you pay in taxes. Nobody can waste money like the government.  We are 7 years into a global economic expansion, yet we are still running a deficit. Government spending is not constrained by GPD growth of any other real constraints.

[MichaelS]

17 hours ago, Bad324 said:

Why?

Because it has nothing to do with taxes and much to do with society, policies and history. 

[MichaelS]

12 hours ago, Connie14 said:

It doesn't matter how much you pay in taxes. Nobody can waste money like the government.  We are 7 years into a global economic expansion, yet we are still running a deficit. Government spending is not constrained by GPD growth of any other real constraints.

I think the numbers say we are not in a global economic expansion of any real measure.  "The 2008 financial crisis and subsequent “Great Recession” has caused hardship to many working women and men, families and communities. Since the beginning of the crisis the global jobs gap increased by 67 million. In spite of positive employment gains over the past years, global unemployment is still high and expected to approach 208 million people by 2015 and 214 million people by 2018. The challenge is greater in advanced economies and among the youth.

The incidence of long-term unemployment (which lasts 27 consecutive weeks or more) has increased in the majority of advanced and developing countries, while labor force participation rates have declined in most countries. The recession has also brought rising underemployment in advanced countries and vulnerable employment in developing countries. In 2012, 56% of all workers in developing countries were occupied in vulnerable employment, which carries high economic risk. "

We continue to run deficits because the economy is still junk.  Please see one of my previous posts as to why that is.  Cutting government spending isn't going to fix, but will certainly make worse. 

 

[Connie14]

1 minute ago, MichaelS said:

I think the numbers say we are not in a global economic expansion of any real measure.  "The 2008 financial crisis and subsequent “Great Recession” has caused hardship to many working women and men, families and communities. Since the beginning of the crisis the global jobs gap increased by 67 million. In spite of positive employment gains over the past years, global unemployment is still high and expected to approach 208 million people by 2015 and 214 million people by 2018. The challenge is greater in advanced economies and among the youth.

The incidence of long-term unemployment (which lasts 27 consecutive weeks or more) has increased in the majority of advanced and developing countries, while labor force participation rates have declined in most countries. The recession has also brought rising underemployment in advanced countries and vulnerable employment in developing countries. In 2012, 56% of all workers in developing countries were occupied in vulnerable employment, which carries high economic risk. "

We continue to run deficits because the economy is still junk.  Please see one of my previous posts as to why that is.  Cutting government spending isn't going to fix, but will certainly make worse. 

 

Increasing government bureaucracy and intervention into the economy slows economic growth.  The democratic-socialist & socialist economies of the world tend to have higher unemployment rates because of this.  If you want increased economic growth, you must minimize the inefficiencies that are borne out of the bureaucracy.

[MichaelS]

33 minutes ago, Connie14 said:

Increasing government bureaucracy and intervention into the economy slows economic growth.  The democratic-socialist & socialist economies of the world tend to have higher unemployment rates because of this.  If you want increased economic growth, you must minimize the inefficiencies that are borne out of the bureaucracy.

This makes little sense when companies take home record profits.  The numbers ie facts would say that is currently not an issue.  They have the money to pay their people more, to invest and hire more but they do not.  Because that would benefit those not at the top so they will not do it. 

[motocat12]

It's good for existing businesses bad for new business. The big guys are the ones who write the laws passed on by their lobbyists.

[Tonik]

6 minutes ago, MichaelS said:

This makes little sense when companies take home record profits.  The numbers ie facts would say that is currently not an issue.  They have the money to pay their people more, to invest and hire more but they do not.  Because that would benefit those not at the top so they will not do it. 

What you say is absolutely true, except the part about taxes and bigger government being the answer. Name me one thing DC has ever done well? Everything they do is an unmitigated disaster. Full of waste, fraud and corruption and usually does more harm than good.

I don't know what the answer is, but DC isn't going to be part of it.

[Bad324]

1 hour ago, MichaelS said:

Because it has nothing to do with taxes and much to do with society, policies and history. 

[Tonik]

Just now, motocat12 said:

It's good for existing businesses bad for new business. The big guys are the ones who write the laws passed on by their lobbyists.

Exactly. DC and big Business are the same.  And that is not a political party problem, they are both equal in that respect.

[MichaelS]

1 hour ago, Tonik said:

What you say is absolutely true, except the part about taxes and bigger government being the answer. Name me one thing DC has ever done well? Everything they do is an unmitigated disaster. Full of waste, fraud and corruption and usually does more harm than good.

I don't know what the answer is, but DC isn't going to be part of it.

I would argue that special interests are the reason for that.  In todays congress special interests and companies draft these laws/bills not congress-people.  Maybe I am wrong but that isn't how it is supposed to work from my understanding.  Remove those and make congress do its' job and listen and be accountable to the people and I think things are much different.