Liberals, I'm Curious. How much money is enough? What's the max?

I can see where you get the idea but it is function of your definition of 'all the market will bear' which is in essence a meaningless term in and of itself.

 

Then post quotes of yourself where you think I see a contradiction. I'll bet you don't get it.

 

I don't think you have a clue period. This thread is NOT about tax rates.

 

Technically it is, but its worded awkwardly to max humph: "I'd like to know when I need to quit paying taxes and take my monies elsewhere". The interesting aspect about the rich man's tax whine is that we'd expect greater work disincentive effects on poorer folk (given the interaction of tax and benefit systems).

 

Apparently you can't read the thread title....

How much money is a white conservative allowed to have before the liberals want to confiscate the rest. Is this hard for you?

 

Apparently you can't read a quote from the OP.

As I said, its worded to max humph. However, it makes it clear its about tax. Essentially its asking when the marginal rate of tax, in a progressive system, should reach 100%. As I said, its particularly naive as the system is set up such that effective marginal rates of tax exceed 100% for poorer folk. Whine, rather than meat.

 

Competition drives price as well though, and if one competitor is having to increase prices because of increased taxes, most likely so will everyone else. The demand will fall, but ultimately if the consumer wants the product they will bear the cost increase. Also, the cost will be passed to the employees through cutting jobs, benefits, and pay.

Bottom line is that the shareholders are not going to operate at a loss very long before they cut their losses. With many corporations realizing less than 10% profit, there really isn't much more room for a tax hike. Either someone else will pay, in the form of cuts or price increases, or they will cease to exist.

 

Fine, but taxes are assessed at the end of the year after all income and expenses have been booked. So any price increase in any year due to tax increases in that year is impossible.

 

Two problems with that. In the orthodox analysis, it would depend on the price elasticity of demand (competition would suggest reduced price effect). In the understanding of price setting, we see price rigidity. For example, a post-Keynesian perspective could simply suggest a reduction in mark-up.

 

They pay quarterly based on income projections... They have teams of accountants, finance managers, and production managers watching the bottom line like a hawk, and making adjustments all year long to maintain and maximize profitability. You are not going to sneak one in there and be like "gotcha mister shareholder, now pay up!"

 

Just think about how LITTLE you right wingers are willing to pay those who labor to serve you???If the wealthy were paying the appropriate amount the wealth gap would be shrinking not growing as it has done since 1980.Prior to 1980 we had a very reasonable gap between CEO pay and average worker pay,not the giant chasm that exists today.

 

Simply a reduction in mark up? If you reduce your mark up then something else will have to be cut to maintain profitability, like jobs or benefits. Usually retirement matching seems to take the hit first in my experience, then your insurance plan goes the crap, and then the lay offs start. Either profitability is re achieved or everyone goes home.

The consumer or the employees absolutely will pay the bulk of the tax one way or another.

 

You're not making sense. Mark-up reduction is, by definition, a reduction in profit. Its a reference to 'cost-plus' pricing and why price rigidity occurs despite supply and demand shock.

 

The resident socialists here say cooperatives/employee owned business is pure socialism and the answer to all our woes. How many do you participate in? Are you doing your part or just whining?

 

You don't create socialism through participation in worker ownership. You create it by protecting property rights (i.e. ensuring workers receive the value of their labour)

 

The right wing makes up about 6% or so of the GOP and they don't even own their own single wide trailer. They are the stupid toothless guys you see marching around with tikki torches getting into scuffles with the equally idiotic radical lefties like BLM and Antifa. If these guys are paying you too little, you should go sell meth for some one else like the Mexican cartels, I hear they have a good retirement plan.

 

Nope. You're thinking of quarterly financial reports. They are not about IRS reports or taxes. And I have no idea what your last sentence is saying.

 

And that's how neoliberalism goes unchallenged. Acceptance of a right wing "moderate"

 

Matthew 19:21 Jesus said to him, "If you wish to be complete, go and sell your possessions and give to the poor, and you will have treasure in heaven; and come, follow Me."
"When the young man heard this, he went away in sorrow, because he had great wealth."

 

"The corporation must file a corporate tax return, IRS Form 1120, and pay taxes at a corporate income tax rate on any profits. If a corporation will owe taxes, it must estimate the amount of tax due for the year and make payments to the IRS on a quarterly basis — in April, June, September and January."

https://articles.bplans.com/how-corporations-are-taxed/

You were saying?

 

I don't know what that is. The term right wing usually refers to the extremists

 

Read the thread. Already addressed. Good to see you around by the way.

 

A lack of understanding of the political spectrum is a godsend to the neoliberal.

 

Sure. Nothing wrong with that.

What's a reee reee?

 

Oh, you should be allowed to make a couple mil, before the 90 percent tax rate kicks in and takes what you just do not need. Plus it might help you get into heaven since christ was rather clear on the rich and getting into heaven. So, see it as a favor done for you, out of concern and love for your stingy arse soul. ha ha ha

And if you take your money elsewhere, out of the nation, you should not only lose your citizenship but barred from making one cent from america's consumer markets, including the finance sector. So, any additional money you make, won't be parasitic behavior on america or americans. You could find a place, nice, and grow your wealth there, until some dictator takes all of your money and parties hard on it. ha ha ha

Or you could stay here, and still be richer than hell, and enjoy the US military protecting your loot. ha ha ha And you would not have to worry about our poor, storming your house, and just taking all of what you have hoarded up. History is a good teacher, and when the wealth disparity reaches a certain level, and the poor are far too many, with suffering too great, they generally get off on hanging the rich from oak trees, once they cut off your genitals and feed them to you.

So how much is a genital free diet worth to you, that should be the question. ha ha ha