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Author Topic:   Wealth Distribution in the USA
Coyote
Member (Idle past 2189 days)
Posts: 6117
Joined: 01-12-2008


Message 481 of 531 (701554)
06-20-2013 9:55 PM
Reply to: Message 480 by jar
06-20-2013 9:44 PM


Re: minimum annual income.
We need to revise inheritance (not estate) taxes to prevent the continued growth of a "monied" class.
Right, and you say you don't kowtow to socialist dogma?
Your obvious hatred for a "monied" class speaks volumes.

This message is a reply to:
 Message 480 by jar, posted 06-20-2013 9:44 PM jar has replied

Replies to this message:
 Message 482 by jar, posted 06-20-2013 10:01 PM Coyote has not replied

  
jar
Member
Posts: 34058
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.9


(2)
Message 482 of 531 (701555)
06-20-2013 10:01 PM
Reply to: Message 481 by Coyote
06-20-2013 9:55 PM


Re: minimum annual income.
Actually, that too is a long standing conservative position and even goes back to some of the very basic reasons the US exists.
I don't hate a monied class; I simply acknowledge that history has shown that the growth of a "monied class" leads to oppression, exploitation and eventually revolution.

Anyone so limited that they can only spell a word one way is severely handicapped!

This message is a reply to:
 Message 481 by Coyote, posted 06-20-2013 9:55 PM Coyote has not replied

Replies to this message:
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foreveryoung
Member (Idle past 666 days)
Posts: 921
Joined: 12-26-2011


Message 483 of 531 (701556)
06-20-2013 10:03 PM
Reply to: Message 482 by jar
06-20-2013 10:01 PM


deleted
Edited by foreveryoung, : No reason given.

This message is a reply to:
 Message 482 by jar, posted 06-20-2013 10:01 PM jar has not replied

  
foreveryoung
Member (Idle past 666 days)
Posts: 921
Joined: 12-26-2011


Message 484 of 531 (701557)
06-20-2013 10:10 PM
Reply to: Message 480 by jar
06-20-2013 9:44 PM


Re: minimum annual income.
So, you do agree with a minimum annual income. You have already stated that money spent on good and services is the way to help the economy and the best source of that money is through government expenditure. If you really want to help the economy why not provide everyone with money to be able to own a 3 bedroom home in a nice neighborhood and 2 cars that are never more than 2 years old?
I see your provisos that should be done before everyone is given free cash though. For arguments sake, lets let those be done as well.

This message is a reply to:
 Message 480 by jar, posted 06-20-2013 9:44 PM jar has replied

Replies to this message:
 Message 485 by jar, posted 06-20-2013 10:25 PM foreveryoung has replied

  
jar
Member
Posts: 34058
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.9


Message 485 of 531 (701558)
06-20-2013 10:25 PM
Reply to: Message 484 by foreveryoung
06-20-2013 10:10 PM


Re: minimum annual income.
You have already stated that money spent on good and services is the way to help the economy and the best source of that money is through government expenditure.
Well, no, I haven't said that.
If you really want to help the economy why not provide everyone with money to be able to own a 3 bedroom home in a nice neighborhood and 2 cars that are never more than 2 years old?
But I see no reason to "help the economy" and really don't give a rats ass about "helping the economy" I'm not eve sure that phrase has any meaning.
Go back and read what I actually write.

Anyone so limited that they can only spell a word one way is severely handicapped!

This message is a reply to:
 Message 484 by foreveryoung, posted 06-20-2013 10:10 PM foreveryoung has replied

Replies to this message:
 Message 503 by foreveryoung, posted 06-23-2013 9:29 PM jar has replied

  
Tangle
Member
Posts: 9531
From: UK
Joined: 10-07-2011
Member Rating: 4.6


(5)
Message 486 of 531 (701563)
06-21-2013 3:55 AM
Reply to: Message 473 by Coyote
06-20-2013 8:16 PM


Re: who is a drain?
Coyote writes:
Those profits that go into tax shelters are the result of socialists and their nasty tax schemes that are designed to tax the productive and spread the proceeds among the non-productive. The golden goose parable comes to mind.
Every country on earth has taxation. All taxes tax the productive. Normally, people accept the need for taxation because they understand that it pays for the things that they need - security, health, education, roads and so on.
That's not socialism - a word you seem to think is a swear word - it's just a sensible economic model which in principle I assume you are not apposing?
Some countries have higher taxes than others so now that corporations can send their earnings to lower tax hideaways, they obviously do so (because that's the goal of capitalism - higher profits) and by doing it they exploit those that can't because domestic taxation must increase to pay for the deficit. It's not a function of socialism, it's a function of world economics and regulation is necessary to prevent the worst unfairnesses of it.

Life, don't talk to me about life - Marvin the Paranoid Android

This message is a reply to:
 Message 473 by Coyote, posted 06-20-2013 8:16 PM Coyote has not replied

  
Taq
Member
Posts: 10158
Joined: 03-06-2009
Member Rating: 4.4


(1)
Message 487 of 531 (701588)
06-21-2013 1:36 PM
Reply to: Message 459 by Coyote
06-19-2013 10:55 PM


So you're against profit? Why don't you just leave and find a place where you're going to be happier? Might I suggest North Korea? I suspect the populace there has no benefit from profit at any level.
Just stating a fact. The rich don't get rich by spending all of their money on employee wages. The idea that letting the rich keep more of their money will result in them hiring more people is a bit shortsighted.
Whether this is good or bad is up to each person to decide.
And might have to find some productive line of work that would actually benefit the economy?
Perhaps. At the same time, what can you produce that the unemployed will buy? Like I said, I am just stating the facts.
Aren't you aware that for every government employee there are several taxpayers supporting their salaries and benefits--and that by definition government is a drain on the economy rather than a benefit?
How is government more of a drain on the economy than taking profit out of a company? This isn't a rhetorical question either, I am genuinely curious.
I'll make it very clear for you: more productive workers will benefit everyone, while more government parasites are a drain on the economy.
How so?
Edited by Taq, : No reason given.

This message is a reply to:
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bluegenes
Member (Idle past 2560 days)
Posts: 3119
From: U.K.
Joined: 01-24-2007


(6)
Message 488 of 531 (701590)
06-21-2013 1:42 PM
Reply to: Message 459 by Coyote
06-19-2013 10:55 PM


Let's look at the reality of "big" government.
Coyote writes:
Aren't you aware that for every government employee there are several taxpayers supporting their salaries and benefits--and that by definition government is a drain on the economy rather than a benefit?
Really? In most of the world's richest 30 countries more than 30% of GDP is spent by the government. It ranges up to 58% (Iceland) and they spend far more than the world average in percentage terms, and therefore, being rich, far far more in real terms. In other words, "big" government is more often associated with success and wealth rather than poverty.
U.S. government spending is 38.9 % of GDP. If we look at your neighbours, Canada spends 39.7%, and Mexico a relatively low 23.7%.
Government spending
Do you think that the U.S. and Canada should emulate Mexico?
Wealthy countries in which government spending is less than 30% are generally unusual in their circumstances, like the eastern city-state trading ports Hong Kong and Singapore, or small enclaves with tiny populations swimming in huge oil fields, like Qatar and the United Arab Emirates.
Some very poor countries come out with strangely high percentages on the list above, like 97% and even 114%, but that's because the aid their governments receive from other countries can about equal or even exceed their own GDP! But generally speaking, poor countries have the "small" governments that you seem to think advantageous in wealth making.
Here's a per. capita wealth list.

This message is a reply to:
 Message 459 by Coyote, posted 06-19-2013 10:55 PM Coyote has replied

Replies to this message:
 Message 489 by Coyote, posted 06-21-2013 9:25 PM bluegenes has replied

  
Coyote
Member (Idle past 2189 days)
Posts: 6117
Joined: 01-12-2008


Message 489 of 531 (701598)
06-21-2013 9:25 PM
Reply to: Message 488 by bluegenes
06-21-2013 1:42 PM


Re: Let's look at the reality of "big" government.
Why Government Spending Does Nothing for Jobs
While most economists and policy makers are focusing on the International Monetary Fund’s epiphany on the perils of austerity, some researchers at the IMF have offered another take on the fiscal-policy debate. They found that less is more, even when it comes to the size and scope of government.
More.
Bloomberg - Are you a robot?

This message is a reply to:
 Message 488 by bluegenes, posted 06-21-2013 1:42 PM bluegenes has replied

Replies to this message:
 Message 490 by Jon, posted 06-21-2013 10:04 PM Coyote has replied
 Message 500 by bluegenes, posted 06-23-2013 10:34 AM Coyote has not replied

  
Jon
Inactive Member


Message 490 of 531 (701602)
06-21-2013 10:04 PM
Reply to: Message 489 by Coyote
06-21-2013 9:25 PM


Re: Let's look at the reality of "big" government.
What a ridiculous and simplistically stupid article.
Government finance is much more than just taking from one person to give to another.
And anyone basing their understanding of government spending on a line-dancing video is obviously coming up short on real evidence to support their position.
So again...

Love your enemies!

This message is a reply to:
 Message 489 by Coyote, posted 06-21-2013 9:25 PM Coyote has replied

Replies to this message:
 Message 491 by Coyote, posted 06-21-2013 10:16 PM Jon has not replied

  
Coyote
Member (Idle past 2189 days)
Posts: 6117
Joined: 01-12-2008


(1)
Message 491 of 531 (701603)
06-21-2013 10:16 PM
Reply to: Message 490 by Jon
06-21-2013 10:04 PM


Re: Let's look at the reality of "big" government.
Government finance is much more than just taking from one person to give to another.
Not just taking, but taking by force--at the barrel of a gun.
(Socialists just never learn!)

This message is a reply to:
 Message 490 by Jon, posted 06-21-2013 10:04 PM Jon has not replied

Replies to this message:
 Message 492 by hooah212002, posted 06-21-2013 10:18 PM Coyote has not replied
 Message 493 by jar, posted 06-21-2013 10:28 PM Coyote has replied
 Message 497 by Tangle, posted 06-22-2013 2:52 AM Coyote has not replied

  
hooah212002
Member (Idle past 885 days)
Posts: 3193
Joined: 08-12-2009


(3)
Message 492 of 531 (701604)
06-21-2013 10:18 PM
Reply to: Message 491 by Coyote
06-21-2013 10:16 PM


Re: Let's look at the reality of "big" government.
Have you ever had an original thought that didn't come directly, almost verbatim, from the hyperbole spewed at Fox News or worse yet, Drudge Report? Your political arguments are the shallowest arguments on this entire site. Yes, more so than Mabus' topics.
abe:
(Socialists just never learn!)
Why do you continue to allude to socialists? Are you a) trying to slander someone by calling them a socialist or b) do you think anything not Coyote conservative automatically equals "SOCIALISM!!"? Here's a hint: no one is offended by being called a socialist except you and no one here is actually a socialist, nor has anyone put forth true socialist ideas. Helping those less fortunate is just the right thing to do, not socialism. be a part of society, not part of it's downfall.
Edited by hooah212002, : No reason given.

"Science is interesting, and if you don't agree you can fuck off." -Dawkins

This message is a reply to:
 Message 491 by Coyote, posted 06-21-2013 10:16 PM Coyote has not replied

  
jar
Member
Posts: 34058
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.9


Message 493 of 531 (701605)
06-21-2013 10:28 PM
Reply to: Message 491 by Coyote
06-21-2013 10:16 PM


Re: Let's look at the reality of "big" government.
Coyote writes:
Not just taking, but taking by force--at the barrel of a gun.
I'm sorry but that is just you lying yet again.
Tax is NOT taking by force at the barrel of a gun.

Anyone so limited that they can only spell a word one way is severely handicapped!

This message is a reply to:
 Message 491 by Coyote, posted 06-21-2013 10:16 PM Coyote has replied

Replies to this message:
 Message 494 by Coyote, posted 06-21-2013 11:28 PM jar has replied

  
Coyote
Member (Idle past 2189 days)
Posts: 6117
Joined: 01-12-2008


Message 494 of 531 (701606)
06-21-2013 11:28 PM
Reply to: Message 493 by jar
06-21-2013 10:28 PM


Re: Let's look at the reality of "big" government.
Tax is NOT taking by force at the barrel of a gun.
Oh, really?
Try not paying taxes and see what happens.

This message is a reply to:
 Message 493 by jar, posted 06-21-2013 10:28 PM jar has replied

Replies to this message:
 Message 495 by Jon, posted 06-22-2013 12:32 AM Coyote has replied
 Message 498 by jar, posted 06-22-2013 7:53 AM Coyote has not replied

  
Jon
Inactive Member


Message 495 of 531 (701609)
06-22-2013 12:32 AM
Reply to: Message 494 by Coyote
06-21-2013 11:28 PM


Re: Let's look at the reality of "big" government.
Try not paying taxes and see what happens.
How about you just tell us.
And we'll tell you if you're making it up or not.

Love your enemies!

This message is a reply to:
 Message 494 by Coyote, posted 06-21-2013 11:28 PM Coyote has replied

Replies to this message:
 Message 496 by Coyote, posted 06-22-2013 12:41 AM Jon has seen this message but not replied

  
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