it is an indication of your success or contribution to society. If you can invent a good or service that billions want to buy more than any other on earth with which to improve their standard of living you are almost literally a God to humanity. Without these giants we'd be back in the stone age and most of us would be dead!
3. I've searched to no avail trying to find how much tax, if any, was ever collected at the top marginal tax rate when it was 90% or higher. I would think that whatever the highest tax rate is set at would motivate attempts to find legal means of avoidance. I have found many ways that permitted avoidance of the highest marginal tax rate, many of which were eliminated by Reagan while reducing the highest marginal tax rate, which appears to support #2 above. 5. The primary problem created by government attempts to reduce poverty is that it does not result in much, if any, increase in the number of persons becoming totally self reliant and paying income tax, but instead results in the number of persons dependent upon government partially or totally. Perhaps requiring 2085 hours of labour as found acceptable and useful to working members of their community should be required to receive government benefits equal to a minimum wage job, with SS/Medicare deductions included? Something like that would be more like what Roosevelt did, and could even eliminate unemployment completely for able bodied persons, leaving only those totally incapable of performing any type of useful labour to be provided total support by government. Those persons would then be provided the ability to 'earn' a living, pay some taxes SS/Medicare enabling them to receive benefits at retirement age which they have contributed to, while still avoiding paying any income tax and perhaps even get a tax refund based on the EITC.
The government has fairly consistently collected around 20% of GDP in taxes regardless of top rates, etc.
Based upon this thread we might conclude that if $X is greater than $Y then those earning $X are oppressing all those who are comparatively earning $Y. Is George Soros and Warren Buffett being oppressed by Bill Gates? Certainly employers are oppressing employees? Brings back memories of a past employee in the 70's who was paid a relatively high wage for her job title, which she rarely performed, who nearly daily would tell me "You owe me." After much effort I was able to get her transferred to another work location.
In a democracy, anyone who votes. But not in a democracy where the vote is gerrymandered and a presidential popular-vote overridden by an antiquated and wholly unnecessary "Electoral College". Compared to the volume of taxation the unfairness is nonetheless unparalleled in America's history. I keep posting the Piketty research showing that 0.1% own the same amount of Wealth as do 90% of the rest of us. (Once more, here.) You keep objecting to my explanation on spurious grounds, as in your quote above. I think high-earners should pay far, far more Income Taxation than they do today. Not only to reduce Income Disparity (lessened by Tax 'n Spend especially on remedial objectives like a free Tertiary Education) but to allow more Income to churn the Economic Cycle (of Supply & Demand). Rather than be stashed away in a personal Investment Banking account. Moreover, you overlook the fact that when a government places a high taxation limit on upper-incomes, lo 'n behold, monumental fraud (like the SubPrime Mess) is diminished. And fewer people lose their jobs due to the ensuing recessions that are quasi-inevitable given the magnitude of the financial calamity. Compared to the volume of taxation the unfairness is nonetheless unparalleled in America's history. I keep posting the Piketty research showing that 0.1% own the same amount of Wealth as do 90% of the rest of us. (Once more, have a gander at the fat-goose here.) You keep objecting to it on spurious grounds, as in the quote above. Any fool can understand the logic of higher tax-rates: *When higher tax-rates (say, 95%) are established on incomes above a progressive level of (say, $10M annually), they are dissuasive to illegal and systemic behaviour on financial markets that becomes rampant. The most notorious example being Mortgage Fraud by which lenders (mortgagees) do not verify borrowers' (mortgagors) capacity to repay (by means of bonafide income statements) because banks know they can always repossess the property in case of default. Which overlooks the stark possibility of a mortgage "feeding frenzy" that pushes realty-prices upwards and spurs even more mortgaging. *Keeping the upper-limit Income open (and not sufficiently taxed) simply tantalizes others to show "how they've got more than others". No society needs that sort of egotistic self-admiration.
High tax rates take money from the private economy and thereby reduce the private economy which is the source of inventions, jobs, income, and wealth.
Sure, it has been regressing. I hope you are armed, your gonna need it. I hope you don't mind no go zones and that women and children that get raped is brushed a Liberals is the largest of all hypocrites ever known. Because we hate walls: https://www.usatoday.com/story/news...-glass-walls-eiffel-tower-terrorism/97952678/ You are at Germany's calling, as feminine Macron has already shown http://www.express.co.uk/news/world...many-WON-the-Second-World-War-claims-new-book So many other issues I can post, merely a start to how European culture is being lost. We won't save you again. https://fellowshipoftheminds.com/20...formed-the-city-of-paris-into-a-garbage-dump/ http://www.nme.com/blogs/festivals-...p-dystopia-glastonbury-monday-morning-2094430 http://www.zerohedge.com/news/2017-...ontrolled-no-go-zones-sweden-plagued-violence http://www.wnd.com/2017/06/trauma-center-drops-rape-victims-for-refugees/
BRAINS NOT BRAWN Crapola rebuttal from Right-wing hatred of the facts. You (plural) see the world in only two-dimension colouring. All white or all black. (Pun intended.) NB: "Liberals are" not "Liberals is"! And some of us are also quite tiny in stature. It takes brains not brawn to win in this Brave New World of ours - welcome to the Information Age ... !
It is true that Europe is the old world and a huge failure their normal activity was slaughtering each other their great heroes are Adolf Hitler and Napoleon while ours are George Washington and Thomas Jefferson. If we had not saved them through to world wars they would barely exist today. They are so depressed they don't reproduce and their economy so slow it invents nothing. If it did not function as an old world theme park for tourists they would live at half of our standard of living. France for example has a per capita income of Arkansas about our poorest state. The economy perpetually has what Krugman calls euro sclerosis. Most telling is that they are fearful of Muslims even when they let them in by mistake and now must live in fear of them on a daily basis
its true, Europe is the old world and survives at 65% of our standard of living by copying the USA. We have 70% of recent medical patents for example. They have health care in Europe only because we invent it and share it with them freely. Europe is dead and turning Muslim. They are so morally confused they don't know it not a good idea to send Muslims to ISIS and let them come back after they are trained to hate and kill Europe.
I'm just going to start linking: https://blogs.spectator.co.uk/2016/...attacks-migrant-men-swedens-record-shameful/# https://www.theguardian.com/world/2...fter-g7-leaders-fail-to-tackle-refugee-crisis https://www.theguardian.com/world/2017/feb/12/dunkirk-child-refugees-risk-sexual-violence https://www.gatestoneinstitute.org/8663/germany-migrants-rape http://www.bbc.com/news/world-europe-38148110 https://www.nytimes.com/2016/01/14/...isions-in-europes-migrant-crisis.html?mcubz=2 http://pamelageller.com/2017/07/swedish-music-festival-cancels-muslim-migrant-sex-attacks.html/ https://www.jihadwatch.org/2016/10/...ped-10-year-old-boy-has-conviction-overturned http://thefederalist.com/2017/03/01/yes-violent-crime-spiked-sweden-since-open-immigration/ I can keep going
Not bad for someone who is unable to articulate a cogent rebuttal. This is a "debate forum" - perhaps you didn't know ... ?
yes a debate forum that means you need to come up with an argument in support of your only position which is: tax and spend on more welfare. Why not start a thread on your position instead of always running from your position?
So you are saying all those articles are fake news? I posted lots of articles on how Europe is being destroyed. If you are calling objective articles a non cogent rebuttal, I guess my opinion means more?
And your rebuttal was calling me pathetic drivel, while I posted actual articles of issues. What a joke.
All what articles? Repeat them and quote your sources. I'm no "fan" of yours following your every word on this forum. If you are not able to construct cogent rebuttals with the facts, then perhaps you'd be happier on a Message Board ... ?
probably true. There is a rot at the heart of Europe. I just heard Stefi Von Berg, a german politican, address parliment. She said "someday soon German cites will no longer be majority German, and this is a good thing." I think the Germans and French feel real guilt and shame about being Nazis and anti semites. It was the Old World long before that though. Having an economy long termed Eurosclerotic by even our extreme liberals does not help either. Being impotently overrun by Muslims is their act of contrition.
It happens every day in every society. Tax laws, land use laws, laws limiting possession of alcohol according to age, access to financial data of individuals and businesses, fishing and hunting bag limits, and hundreds of other laws that regulate what people may have. That's a bogus argument because you are conflating a tax bracket with an effective rate of taxation. All that can be truthfully concluded from your statement is that tax brackets did their intended job. ???? So? No, THAT is "stupid" since no one anywhere at any time ever advocated such a dumb thing. 1945 to 1980. The poverty threshold has been lowered as is seen in the huge percentage of the population that qualifies for public assistance today. With the percentage of people qualifying, going from about 15% to about 45% of course trillions of dollars will be spent on programs to help the people you contemptuously slander.
That largely depends on what one gets in exchange for those high tax rates. Government spending can encourage invention, create jobs, income and wealth. It is just a matter of for whom.
1. So I see you avoiding the context ofnthe question. 2. Who cares what the bracket is? The effective tax rate is all that matters. 3. My point is that effective rates are all that matters. Effective rates were the basicly the same before and after. 4. So you want a war that effectively wipes out the industrial capabilities of most of the world? Because that's the ONLY thing you can learn from that period. 5. The numbers of people in poverty are a combination of societies acceptance of poor life choices and the ineffectiveness of poverty programs.
actually most govt spending is waste and crippling welfare used to buy votes. 99% of products are invented in the private sector. Govt bureaucrats are not inventors. Republican inventions got us from the stone age to here
Apparently you do. You are the one who said "Those 90% rates also had so many deductions that effective rates were less than half of that." The "90% rate" is a tax bracket. I guess you know I'm right but won't admit your error because you are trying to pull a "bait-and-switch".
this is true! liberalism is in fact nothing but crippling welfare entitlements.The rolls will always grow as the next generation of recipients is crippled by the previous , as workers decide it is easier to collect, as benefits grow to compete with work benefits,as workers learn to think of themselves as a deserving welfare under class, and as politicians buy votes with promises of more and more welfare..
