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] wrote:
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 found.

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*From:* "Bhairitu noozg...@sbcglobal.net [FairfieldLife]" <FairfieldLife@yahoogroups.com>
*To:* FairfieldLife@yahoogroups.com
*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.

http://america.aljazeera.com/opinions/2014/10/wages-compensationeconomystagnationsocialsecurityadministrationd.html

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> [FairfieldLife] wrote:


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> *
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*image <http://tinyurl.com/ksehxxb> *
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*Can moving to a higher tax bracket cause me to have a... <http://tinyurl.com/ksehxxb> * *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 pay, wi...*
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*View on tinyurl.com <http://tinyurl.com/ksehxxb> *
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*Preview by Yahoo *
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  • [FairfieldLife]... marty...@yahoo.com [FairfieldLife]
    • Re: [Fairf... 'Richard J. Williams' pundits...@gmail.com [FairfieldLife]
    • Re: [Fairf... Bhairitu noozg...@sbcglobal.net [FairfieldLife]
      • Re: [F... Mike Dixon mdixon.6...@yahoo.com [FairfieldLife]
        • Re... Bhairitu noozg...@sbcglobal.net [FairfieldLife]
          • ... Mike Dixon mdixon.6...@yahoo.com [FairfieldLife]
            • ... Bhairitu noozg...@sbcglobal.net [FairfieldLife]
            • ... Mike Dixon mdixon.6...@yahoo.com [FairfieldLife]
            • ... 'Richard J. Williams' pundits...@gmail.com [FairfieldLife]
          • ... 'Richard J. Williams' pundits...@gmail.com [FairfieldLife]
        • Re... Bhairitu noozg...@sbcglobal.net [FairfieldLife]
          • ... Mike Dixon mdixon.6...@yahoo.com [FairfieldLife]
      • Re: [F... 'Richard J. Williams' pundits...@gmail.com [FairfieldLife]

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