Why do so many on the left hate success?

Empiricism. The tax cuts that the Republîcans having been giving the wealthy have been making our economy worse. The middle class did better before the Republicans adopted supply side economics as part of their ideology.

 

Socialist and liberals are among the evil forces Evangelical preachers list when they are riling up the congregation.

 

Sounds like a case of hero worship to me.

Did you miss the part where two of Trump's operatives were arrested for funneling Russian money into Trump's campaign?

 

Something that the democrats use relating to this needs to be understood much better by the average person. That is that corporations do not so much pay taxes as they collect taxes for government- from consumers. The public likes to think politicians are sticking it to the corporations and wealthy, instead of the average taxpayer. What happens in fact is that a major part of taxes are embedded costs that the public never realizes they pay- and thus are unaware of. At every stage of production, there are taxes. For example, and excise tax, one specifically added to specific goods or activities, and built into the price those things sell for- but not stated as taxes. When you buy a set of tires, excise and several taxes are part of the price of the tire itself. Excise taxes only bring in about $100 billion a year, but there are many such tools in the taxman's box.

Businesses work on the basis of making a profit over and above all costs. If they fail to do so, they go bankrupt. So any tax that a business must pay is a "cost" of doing business that becomes part of the price for the products or services they sell- and we all as consumers buy. When government taxes the corporations- they tax the general public by way of making the corporation a "proxy" tax collector. This softens the public's perceptions of their taxes, which makes politicians look good, and at the same time, the government does not pay those corporations for the service or being the collector- so they win on both sides.

One way or another, consumers pay the taxes. It may sound or feel better to believe that we aren't, and someone else is..... but it's not true. It's always US.

 

I don't think so. I think that I am going to have to start a thread on mathematics. To show how your line if reasoning leads to absurdities. Like the fact, that say if a business pays a 10% tax and raises their prices to cover that tax. But they still owe 10% so now they owe more, because they charged more. To cover this increase they increase their prices more which increases the tax, and on and on.

 

Game/Set/Match

 

This is taken from an article on today's Business Insider.
In 2017 the poverty level wage was $13.33 per hour.The percentage of (18 to34)workers earning this wage and less in 2017 was 42.8% up from 39% in 1979.With those who had no college degree it was 50.9% up from 26.5% in 1979.
For young females without degrees it was even worse at 66.4% in 2017.
The number of Americans with no health insurance rose last year for the first time since 2008 to 27.5Million or 8.5% of our population up from 7.9% in the previous year.

 

I'm a lifelong republican .. and I have done pretty well. Trump is a pig..and he has very little education.

 

The simple answer to the question of why the left hates success is the fact success comes because of hard WORK. Those on the left want money without having to WORK for it.

 

Trump has the same problem.. He's envious of Obama, Richard Branson Jeff Bezos.. its a pretty long list.

 

I want that also where do I sign up?

 

Thank Clinton for sowing the seeds of the sub prime, mortgage lending crisis. Every body gets a home loan! What could possibly go wrong?

 

They don’t hate the successful, they hate when the wealthy rig the game to their advantage.

 

exactly. That kid you speak of, you know what he is? LAZY... he doesn't want to work, think work takes too much out of a life. Guess what, he wants to live off the ones who DO work and guess what, what if no-one wanted to work? We wouldn't have an economy and no-one would have any money... there wouldn't be any pharmacies, doctors, grocery stores, electronics, houses, roads.. we would all be naked roaming around with our animal friends.

Sad to think you can't enjoy life whilst you work. There is such thing as paid time off, vacations and weekends. There are people to talk to at work, have lunch with. There is no reason anyone can't enjoy life just because they 'work', work is a necessity of life and those who don't work live off those who do work.

right but when the lower class sees my friend living in a 5k sq foot house or driving a 60k car, they never ask 'how did he get there', that never really matters to them. The second question they should always ask themselves is 'Why can't I get such a car or house?'. The answer will oftentimes be 'cause i didn't work as hard, take these risks or had the talent'.

If i ever make any exception to my own rule of blaming yourself for not being as successful as others and not hating others for having more, it's the entertainment industry. There is something so fundamentally wrong when a guy like Lebron James is considered an important person. Lebron James puts an orangish ball with 29.5in circumference into a hoop that's 10 feet high and he is able to do it better than most. For this, he's considered more important than a doctor who saves lives, an architect who designs our homes, an engineer who designs electrical systems, scientists who make significant discoveries and farmers who produce what we eat. Something is horribly wrong when society considers someone like Lebron such an important man, it's because money makes him important and 'we' pay to watch him play. I tell myself it's not Lebron's fault, he's gaming the system, it's 'us' for assigning so much value to someone who puts a ball through a hoop for our amusement, it speaks to what we value as humans - instant gratification, we need to find joy in things to give life meaning. I don't think Lebron James should be making more than 150k a year to play a sport and if we were to tax anyone heavily, should be entertainment industry. Having said this, as i have pointed out, not Lebron's fault.. it's society for assigning so much value to entertainment above other things.

 

Why so some on the right fixate on "the left" that festers in their noggins, and fantasize about "the left" that festers in their noggins "hating success" and other such silly, silly things?

Why not deal with real people rather than pretend ones?

Why does George Soros wear rags, rummage through dumpsters for food, and hop freight cars to get around?

 

There you go. Speaking for other people again.

 

So, you think you can tax a business out of business. Or at least, out of profitability; same thing.
When a new tax drives up costs 10%, that goes to costs- not profits. IF they include only the new tax in price changes, their profitability in dollars does not change, although it drops slightly in percentage against revenue. Most businesses target profit as a percent of sales, so if they use a 10% target, the price increase due to that new tax will be a 11%- 10% to government, 1% to profit margin, and the percentage of profit on sales will be identical.

WHERE do you think they get the money to pay the taxes they pay now? For instance- property tax. Usually, commercial property taxes are much higher than residential ones, and the tax on land, buildings and inventory IS an expense of doing business. Where do they get that money?
Unless you realize it has to come from customers and is an expense to business that is written off as costs- you are the one who needs to study. Business math.
Now I've only been a business owner for a little over 50 years. Consider that maybe I learned a little along the way- as a first-hand collector and payer of taxes that had nothing to do with the income side of it.

 

I don't think anyone claims that Trump is lazy. I am sure that he works hard (when he doesn't twitter too much). However, he vastly understates the wealth that he inherited. It wasn't only a few million, his dad started funneling money to him at a very young age. The facts are that he could have just put all that money into a stock index fund, and he would have been as rich today, no skill required.

Again, I don't care about Trump's wealth, I do care that he falsely portrays himself as s fully self-made man, when he was born on third base. That's dishonest.

 

If America is doing so great, then why do you want to change it? Why do we need to cut taxes all the time when we actually did great in the 60s, when the tax rates were much higher, which is apparently a time the Trump fans want to go back to? If we are doing so great, why do we have to scapegoat immigrants? If Trump fans are such hard workers and have such superior skills, why are they afraid of Mexicans who come here to make a better living? Shouldn't it be easy for them to outcompete the Mexicans by sheer work ethic and skill?

 

Hey, if corporations just pass on taxes to the consumer, where is my price cut from the corporate tax cuts? All I see is prices going up.

Here is what happened: 90% of the tax cuts went straight to the pocket of the executives.

I can guarantee one thing, though: If Dems would restore corporate taxes to the time before Trump, corporations would add the taxes to the price of products. It's all very predictable.

 

No.. Trump wasn't around much when they were growing up.. Then he divorced Ivana and was around even less. He had nothing to do with his children until they were 18.. He's never been around Tiffany and Baron is being raised by his mother.

 

There are two kinds of taxes in general categories here. Corporations collect taxes integrated into cost from the consumer, and those are not income taxes, they are taxes integrated to costs as expenses. When a corporation makes a profit; that is income over and above all costs, they pay that tax on that income just as you do, though a higher rate. That produces a parameter on the financial statements identified as "after-tax profits". We had been losing corporations to other nations where corporate taxes were much lower. That increased their after-tax profit by reducing their income tax. It would not affect the taxes built into product prices. The results of that cut is the return of corporations to the US umbrella, which means that instead of the taxes on their income going to Ireland or some other nation- they are paid to the US. Thus the revenue the treasury gets from that income tax climbed considerably, with little change in consumer prices. This was actually a very sound financial move that benefits all in the long run.

Competition is the real regulator. If any one company finds a position or product that profits highly- other companies rapidly come out with similar goods but lower prices to get a share of the business. Unless you have a product no one can duplicate or emulate, that is going to happen. At the same time, if a field gets over-saturated with companies competing for the same business, nobody makes money, and some will go under- balancing the profitability Supply and demand is a built-in regulator. The real key to huge success is extremely good management, along with being visionary and prepared for the future. Not easy.