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-   -   62% Federal Tax rate??!! (http://www.derbytrail.com/forums/showthread.php?t=42529)

dellinger63 06-04-2011 01:35 PM

Quote:

Originally Posted by Riot (Post 781537)
Edit: for those that do not know, Betsy McCaughey is the Republican strategist who single-handedly came up with, "Health care reform will have death panels that will kill your grandma!" as a fight against the Democratic effort for health care reform.


and no match for your expertise in healthcare based on your experiences as a suburban paramedic and animal doctor.

Betsy’s pitiful list of credentials :D

Betsy McCaughey, Ph.D., is a health policy expert and the former Lt. Governor of New York State. She is founder and Chairman of RID – Reduce Infection Deaths – a national campaign to support greater infection control in hospitals and other healthcare institutions. In addition to serving as Lt. Governor of New York, she has taught at Columbia University, held academic appointments in health policy at the Hudson Institute and the Manhattan Institute, written hundreds of articles for publications such as the Wall Street Journal, The New York Times, Modern Healthcare, The New Republic, and received numerous awards for her writings, including a National Magazine Award. Her research on how to prevent infection deaths has been featured on ABC’s Good Morning America, the CBS Morning Show, 20/20, and many other national television and radio programs. And her steps that patients can take to help protect themselves from infection was featured recently in the Wall Street Journal.

Riot 06-04-2011 01:48 PM

Quote:

Originally Posted by dellinger63 (Post 781589)
and no match for your expertise in healthcare based on your experiences as a suburban paramedic and animal doctor.

Betsy’s pitiful list of credentials :D

Betsy McCaughley is a political operative who's lies about the health care debate split this nation in two.

Danzig 06-04-2011 01:50 PM

i just wish the govt. would find more ways to encourage job creation by the wealthy. taxing goes to govt coffers, employment helps in far more ways than taxing. jobs boostrevenue, ss, and of course dollars made are dollars spent.

Riot 06-04-2011 01:58 PM

Quote:

Originally Posted by Danzig (Post 781602)
i just wish the govt. would find more ways to encourage job creation by the wealthy. taxing goes to govt coffers, employment helps in far more ways than taxing. jobs boostrevenue, ss, and of course dollars made are dollars spent.

We've got the wrong party in charge to encourage job creation by the wealthy. Their economic policy is whack - that increasing profit-taking by the wealthy increases job production and reinvestment.

Would you support a government-sponsored jobs program?

Riot 06-04-2011 02:01 PM

Quote:

Originally Posted by dellinger63 (Post 781574)
LMAO yea like $500 toilet seats and $1000 hammers. :wf

The sophistication and nuance of your political arguments stands alone, buddy :wf

BTW, I do support Rahm's privatizing Streets and San. You're wrong. I don't "protect unions". I protect the right to unionize. Big difference.

dellinger63 06-04-2011 02:51 PM

Quote:

Originally Posted by Riot (Post 781606)
Would you support a government-sponsored jobs program?

We already have it. The US Post Office and TSA are just two of many. Not doin so good though.

horseofcourse 06-04-2011 03:32 PM

Quote:

Originally Posted by joeydb (Post 781190)
Any talk of "need" with regard to income and what can keep due to government confiscation is, often unintentionally, socialistic.

If I am to "earn" a large paycheck, and 62% of it is forcibly taken from me, why the hell would I work hard enough to do that again? I'd work enough to earn a figure in a lower bracket - which I can do, due to the ludicrous progressive tax system. So then it is not just I who lost the income, but also the government. This is one of the mechanisms by which higher tax rates often yield lower revenues.

Another mechanism is that I simply move my business out of the country and avoid this confiscatory tax.

You cannot define what is "fair", especially, as you point out, when the costs are assigned to one group and the benefits are assigned to another non-overlapping group. This is why we need a flat tax: everyone paying the same rate. Earn twice as much, pay twice as much. Earn half as much, pay half as much. Put in a poverty exclusion - like not taxing the first $50,000 or something. Because we can define what is proportional, and that often syncs up with what most people would agree is fair.

By the way, on a more frivolous note:

I am a huge Star Trek fan. When Spock said that statement it was in reference to whether he or Kirk should command the ship since Spock was acting captain, Kirk was an admiral and normally would not interfere, but of course, as always, a critical mission came up. I don't think it was a wholesale endorsement of redistributing wealth.

This is beyond ludicrous. You have no understanding of taxation. everyone is taxed at the same rate. The rich are taxed at the same rate up to a certain income that everyone else is. It is only after they go into another bracket that "that" income is taxed at the higher rate. It is this level of stupidity that harms AMerica. All of your income is not taxed at the next level no matter what your income is. If you make 9 gazillion dollars your first 50k is taxed at the lower level, then up to 250 k taxed at the next higher level, then after that taxed at the highest level, so anyone purposely not making money to stay in the lower bracket is an imbecile because they are already there at imcomes taxed at that amount. It's called a marginal tax rate.

Are you this stupid on purpose or do you work hard at it??

horseofcourse 06-04-2011 03:39 PM

Quote:

Originally Posted by dellinger63 (Post 781638)
We already have it. The US Post Office and TSA are just two of many. Not doin so good though.

The post office is 100 percent accurate in getting my payments to private companies in my lifetime. They have a faliure rate of zero. They are also 100 percent in getting private company's bills to me. They have a failure rate of zero. Of course I'm sure they make errors, but in my case, zero. From my personal experience despite popular opinion the post office is not Newmann on Seinfeld.

clyde 06-04-2011 03:40 PM

Quote:

Originally Posted by horseofcourse (Post 781665)
This is beyond ludicrous. You have no understanding of taxation. everyone is taxed at the same rate. The rich are taxed at the same rate up to a certain income that everyone else is. It is only after they go into another bracket that "that" income is taxed at the higher rate. It is this level of stupidity that harms AMerica. All of your income is not taxed at the next level no matter what your income is. If you make 9 gazillion dollars your first 50k is taxed at the lower level, then up to 250 k taxed at the next higher level, then after that taxed at the highest level, so anyone purposely not making money to stay in the lower bracket is an imbecile because they are already there at imcomes taxed at that amount. It's called a marginal tax rate.

Are you this stupid on purpose or do you work hard at it??


Say!!!!....you're good!

horseofcourse 06-04-2011 03:40 PM

good lord, why did I come read this thread.

clyde 06-04-2011 03:52 PM

!! :D !!

dellinger63 06-04-2011 05:29 PM

Quote:

Originally Posted by horseofcourse (Post 781672)
The post office is 100 percent accurate in getting my payments to private companies in my lifetime. They have a faliure rate of zero. They are also 100 percent in getting private company's bills to me. They have a failure rate of zero. Of course I'm sure they make errors, but in my case, zero. From my personal experience despite popular opinion the post office is not Newmann on Seinfeld.

was talking about their bottom line.

Rileyoriley 06-04-2011 06:47 PM

Quote:

Originally Posted by clyde (Post 781128)
^^^^ No. 50 on the 100 Richest People in the World list.



Small wonder.

You, sir, are now un-invited to the Belmont party with the Belmonts on my private yacht.:mad:

Rileyoriley 06-04-2011 06:49 PM

Quote:

Originally Posted by horseofcourse (Post 781674)
good lord, why did I come read this thread.

I, too, have often asked myself the same question.:zz:

clyde 06-04-2011 06:59 PM

Quote:

Originally Posted by Rileyoriley (Post 781736)
You, sir, are now un-invited to the Belmont party with the Belmonts on my private yacht.:mad:

rolling and laughing!!











all the same:







( ( )

Rileyoriley 06-04-2011 07:21 PM

Quote:

Originally Posted by clyde (Post 781740)
rolling and laughing!!











all the same:







( ( )

I have reconsidered my uninvite. You may still come if you provide the hershey bars.:)

clyde 06-04-2011 07:38 PM

Quote:

Originally Posted by Rileyoriley (Post 781737)
I, too, have often asked myself the same question.:zz:

Oh gosh...missed this.


Fine work---really was.

clyde 06-04-2011 07:39 PM

Quote:

Originally Posted by Rileyoriley (Post 781744)
I have reconsidered my uninvite. You may still come if you provide the hershey bars.:)

!




I have a fine dupa..do I not??

:D

horseofcourse 06-04-2011 08:54 PM

Quote:

Originally Posted by dellinger63 (Post 781725)
was talking about their bottom line.

Profits???? who needs the stinking profits!! The bottom line does stink, but overall they do their job they are supposed to do I guess was my point. And their breadth of delivery is better than the private sector. They'll get mail to more places.

Danzig 06-04-2011 08:58 PM

i believe i posted this recently about the post office-they aren't supposed to make a profit. they are supposed to break even. and they're not a govt run company.

glad everyone pays attention, so as not to rehash false arguments.


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