subject:"Re\: \[FairfieldLife\] Re\: Economists\: tax the rich at 90 percent"

Re: [FairfieldLife] Re: Economists: tax the rich at 90 percent

2014-10-24 Thread Bhairitu noozg...@sbcglobal.net [FairfieldLife]

As opposed to irrationalizing? :-D

On 10/23/2014 08:42 PM, Mike Dixon mdixon.6...@yahoo.com [FairfieldLife]
wrote:

You're rationalizing.

*From:* "Bhairitu noozg...@sbcglobal.net [FairfieldLife]"

*To:* FairfieldLife@yahoogroups.com
*Sent:* Thursday, October 23, 2014 3:26 PM
*Subject:* Re: [FairfieldLife] Re: Economists: tax the rich at 90 percent

Probably the majority of Americans don't work for the "rich". They
work for small businesses. The people who run those aren't rich
enough for a "pitchfork". No biting of hand that feeds in this case.
And in a networked world you don't need big businesses anymore. We're
basically living in a science fiction world but there are some laggers
who haven't caught up because they thing the game is accumulating lots
of money and being a "king." So out of fashion.

On 10/23/2014 12:31 PM, Mike Dixon mdixon.6...@yahoo.com
<mailto:mdixon.6...@yahoo.com> [FairfieldLife] wrote:

That's called *biting the hand that feeds you*. Thou shalt not
covet! You stick a pitchfork in them and what are you left with?
Nothing but a bloody pitchfork.

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

*Sent:* Thursday, October 23, 2014 12:21 PM
*Subject:* Re: [FairfieldLife] Re: Economists: tax the rich at 90 percent

I guess you just like to live in a world where you bow down to the
"landed gentry". That's where we're headed now. I'd rather stick a
pitchfork in them.

On 10/23/2014 12:15 PM, Mike Dixon mdixon.6...@yahoo.com
<mailto: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.

*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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Re: [FairfieldLife] Re: Economists: tax the rich at 90 percent

2014-10-24 Thread 'Richard J. Williams' pundits...@gmail.com [FairfieldLife]

On 10/23/2014 11:18 AM, Bhairitu noozg...@sbcglobal.net [FairfieldLife]
wrote:

When the working class have less money to spend the economy goes into
the dumps.

>
/The one sure way to get more money into the hands of the working class
in the U.S. is to stop the government from taxing our earned income. //

//
//There's probably not a single person in the whole country that fully
approve of the way Obama's IRS administers tax collection. At least the
IRS should be honest.//Go figure.//

//
//It's time for a complete overhaul of the U.S. tax system. If I am
elected, I promise work for all and a good earned income, so everyone
can pay their own way. My system is the best economic system - no taxation.

But If there needs to be any state or government taxation, I'd be
willing to pay my fair share of a flat tax on income, so long as it was
just like everyone gets taxed. It's only fair - we are all supposed to
be equal under the law.

It's my money - I earned it.//I should be able to spend it any way I
want to spend it. That's what I think./

>
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 [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?

image

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
pay, wi...

View on tinyurl.com

Preview by Yahoo

Re: [FairfieldLife] Re: Economists: tax the rich at 90 percent

2014-10-24 Thread 'Richard J. Williams' pundits...@gmail.com [FairfieldLife]

On 10/23/2014 10:42 PM, Mike Dixon mdixon.6...@yahoo.com [FairfieldLife]
wrote:

You're rationalizing.

>
/Please ask Barry2 to explain to us how he would manage the IRS with
just 200 employees. Thanks.//

//
//What we need to do is abolish the IRS and institute a flat tax. That
way, we would save billions of dollars in administrative costs and
everyone would pay their fair share of a tax on earned income. It's not
complicated./

/The IRS Scandal, Day 532://
//http://taxprof.typepad.com/taxprof_blog/2014/10/the-irs-3.html/
>