Regarding textiles, take a look at the price of underwear. Hanes and
Fruit of Loom cost about twice what they did a few years back. But this
is a job that could go to automation. Paying slave wages to people in
third world countries to make these things is a bit retro and cruel. We
now have 3D printers which could be adapted to mass produce cheap
garments. Leave seamstresses to make original and unique clothing which
they enjoy doing.
You shop at Nordstroms?
On 10/23/2014 12:15 PM, Mike Dixon mdixon.6...@yahoo.com [FairfieldLife]
And when you tax TF out of businesses and or the rich, they have less
money to expand or modernize businesses( remember the steel industry
back in the 70'S) or to give raises to their employees. You end up
with fewer jobs and smaller tax base, less revenue and so the
government barrows more money to meet it's needs, which turns out to
be unemployment benefits, welfare and food stamps etc. for those that
can't find jobs because there aren't any, because the government is
taking the profits from the businesses! Unions don't help either
because they've become so greedy that they drive their members jobs
over seas (Textiles). When was the last time you bought an article of
clothing made in the USA? If you did, a shirt would probably cost you
nearly sixty dollars! Just came back from shopping and that's what I
*From:* "Bhairitu noozg...@sbcglobal.net [FairfieldLife]"
*Sent:* Thursday, October 23, 2014 9:18 AM
*Subject:* Re: [FairfieldLife] Re: Economists: tax the rich at 90 percent
When the working class have less money to spend the economy goes into
the dumps. That's why Mike's solution won't work. A lot of US
businesses are having problems like McDonalds, Coke and even Starbucks
keeps trying to get it's customers to come spend more. It's easy to
see these signs of desperation in a crashing economy.
With "trickle down" all you get is the rich peeing on the poor.
On 10/23/2014 08:09 AM, marty...@yahoo.com <mailto:marty...@yahoo.com>
The title of the article was quite inflammatory, as usual, being
HuffPo and all. It used the fact that many Americans don't understand
Marginal Tax Rates to create hysterical click bait.
Later in the article they fessed up.
This article might help:
*Can moving to a higher tax bracket cause me to have a lower net
income? <http://tinyurl.com/ksehxxb> *
*image <http://tinyurl.com/ksehxxb> *
*Can moving to a higher tax bracket cause me to have a...
*Many people think that when their income increases by enough to push
them into a higher tax bracket, their overall take-home pay, or net
*View on tinyurl.com <http://tinyurl.com/ksehxxb> *
*Preview by Yahoo *