Redistribution of Wealth

[Deadman 94 xj]

I

Sorry, I don't fall under this category. I did go to school, I like my job, I get paid pretty well, I'm not going to loose my job (I know it's hard to believe, but it's true).

I just don't make a quarter of a million dollars or more. Those are the people who are going to get there taxes increases under his plan. That's fine by me. Sorry people, I consider that rich. And if the government wants to take some of the rich peoples money to help everyone out, fine by me! I know the rich people probably don't think it's fair, but I'll never be rich, and that's fine by me right now.

I wasn't directing that last comment at you, just the other free loaders:laugh3:

You do understand that your argument has zero economic merit right? Increasing taxes on corporations right now, with conditions as they are, is kicking us while we're down.

I don't agree with living off of other peoples money.

 

[mikedashg]

Ok, my info was somewhat dated...say from two months ago. Since Obama has continued his evolution, its hard to keep up... you could try NOT drinking the koolaid straight-up though:

http://www.rsmmcgladrey.com/Service...ison-of-presidential-candidate-tax-proposals/

Yup, that looks good to me. The gains and dividend taxes are at by 20% on both ends, not 28 and 40 as you posted. AND that's only for people making 200,000K or more and 250,000K for families.

 

[FordGuy]

I just don't make a quarter of a million dollars or more. Those are the people who are going to get there taxes increases under his plan. That's fine by me. Sorry people, I consider that rich. And if the government wants to take some of the rich peoples money to help everyone out, fine by me! I know the rich people probably don't think it's fair, but I'll never be rich, and that's fine by me right now.

First of all, 250k a year is not Rich, Its great money, but not Rich. Second, never under estimate what might be in your future. We need the government to provide tools for those who would like to use them, not hand outs to those who chose not to use them. I don't need anyone distributing my income.
:wantyou:

 

[mikedashg]

Let me preface this simply, I own a business and employ more than a few people.

If Obama is elected and:

...

Decides that I need to contribute to some sort of socialized medicine, I'll dump the 100% coverage I give my employees of PPO Blue Cross insurance with dental and vision and make them take the gov't coverage that I will have to pay for (HMO on the standards of Kaiser).

The link that was just posted says it's an OR thing. If you provide your employees with insurance, then good, nothing changes. He even said that in a debate. But if you decide to cut it, THEN you have to pay into the healthcare.

"Require employers to provide insurance OR pay a percentage of payroll into the national health insurance exchange"

 

[IslanderOffRoad]

If you see nothing wrong with fascist communism than you deserve the government you will get under Obama

I'm sorry, but at least make sense when you say things.

Fascist Communism? Explain.

 

[Deadman 94 xj]

The link that was just posted says it's an OR thing. If you provide your employees with insurance, then good, nothing changes. He even said that in a debate. But if you decide to cut it, THEN you have to pay into the healthcare.

"Require employers to provide insurance OR pay a percentage of payroll into the national health insurance exchange"

So businesses are fawked either way. Looks like you'll have to just cut your # of employees or raise prices. Hell, why not just outsource over seas?

 

[gcurtis]

The link that was just posted says it's an OR thing. If you provide your employees with insurance, then good, nothing changes. He even said that in a debate. But if you decide to cut it, THEN you have to pay into the healthcare.

"Require employers to provide insurance OR pay a percentage of payroll into the national health insurance exchange"

Gov't putting a program in place will never be an OR. Gov't likes to grow and socialized medicine is a way for them to create another institution to employ the likes of more family members. When gov't sees a chance to grow, they do. They don't give that back, either. If Obama starts socialized health care it will be come a standard and I will be taxed for it.

Remember, origionally income tax was a temporary thing...

 

[mikedashg]

First of all, 250k a year is not Rich, Its great money, but not Rich. Second, never under estimate what might be in your future. We need the government to provide tools for those who would like to use them, not hand outs to those who chose not to use them. I don't need anyone distributing my income.
:wantyou:

I hear ya.

I read an article in the paper earlier this year, and it was about this topic. "What constitutes being Rich?" It didn't really nail it down, but it also said 250K a year wasn't really rich anymore. It use to be.

I look at it this way. Under McCains plan, people making 227K-603K a year get an almost 8K tax credit. Doesn't seam like much to me if you make that much. But I'm not in that persons shoes, so I'm probably just talking out of my a$$.

But someone who is making that much under Obama's plan, gets taxed 12K. That's 2% of their income in the top earners. A bit higher in the lower end, 5%. Doesn't seam like too much to me in the big picture.

Again, sorry, I know it doesn't seam fair to those in the bracket. But neither does making that much money to me . I work hard, I went to college. I just chose a profession that doesn't make a quarter of a million year, and I like what I do. And that's what matters to me.

 

[Deadman 94 xj]

I'm sorry, but at least make sense when you say things.

Fascist Communism? Explain.

I think what he was saying is when government controls where your money goes, than you have instilled a socialist ideology. Socialism and communisim become the same in the evolution of societies.

Government regulation, government controlled healthcare, government controlled...

 

[mikedashg]

So businesses are fawked either way. Looks like you'll have to just cut your # of employees or raise prices. Hell, why not just outsource over seas?

How are the fawked either way? Either nothing changes if you're a good employer who has enough to treat the employees well (like Grant), or the government's gonna do it for you and take some your money to help pay for the healthcare that your workers will likely go get.

Funny you should mention outsourcing.

Obama:
"Reform foreign international tax loopholes to end the incentive for companies to ship jobs overseas and close the offshore pension loophole"

 

[gcurtis]

Again, sorry, I know it doesn't seam fair to those in the bracket. But neither does making that much money to me .

How many people do you employ?

How much tax revenue do you dump back into the economy?

How much personal financial risk do you take on to do both of the above?

People making that kind of money don't work for others; they risk big to make it big. Therefore, they earn the reward with zero time off from work, sleepless nights on cashflow, troubled phone calls from employees at any given day or time, constantly changing market conditions, budgets etc.

Mike, you clock out at the end of the day. Those making that kind of money never do.

 

[Deadman 94 xj]

How are the fawked either way? Either nothing changes if you're a good employer who has enough to treat the employees well (like Grant), or the government's gonna do it for you and take some your money to help pay for the healthcare that your workers will likely go get.

Funny you should mention outsourcing.

Obama:
"Reform foreign international tax loopholes to end the incentive for companies to ship jobs overseas and close the offshore pension loophole"

And again, businesses a fawked either way! What does this do? It gives more control to the government.:hang:

Refer to post # 40

Funny you keep quoting stuff that obama has said when you your self said you can't take their words for it. Look at their records!!

 

[mikedashg]

How many people do you employ?

How much tax revenue do you dump back into the economy?

How much personal financial risk do you take on to do both of the above?

People making that kind of money don't work for others; they risk big to make it big. Therefore, they earn the reward with zero time off from work, sleepless nights on cashflow, troubled phone calls from employees at any given day or time, constantly changing market conditions, budgets etc.

Mike, you clock out at the end of the day. Those making that kind of money never do.

You're totally right. You got me there. And I feel for you. You're the one on this thread that's made the most sense. I even had my own business for a while, but I decided that's not the way I want to spend my life. I gave it up. Even if it meant making less. I'm glad people like you did not. I commend you for being the entreupeuner that supports this economy.

But, you can't please everyone. You gotta take a side and hope for the best. This country has a massive middle class. It needs money to run, and it has some people that making way more then others. The money has to come from somewhere. I don't believe you can just cut spending and cut taxes for everyone like McCain wants to and hope it turns out. Sounds like a pipe dream to me.

 

[Deadman 94 xj]

This country has a massive middle class. It needs money to run, and it has some people that making way more then others. The money has to come from somewhere.

WOW!!! :gee:eace:

 

[mikedashg]

And again, businesses a fawked either way! What does this do? It gives more control to the government.:hang:

Refer to post # 40

Funny you keep quoting stuff that obama has said when you your self said you can't take their words for it. Look at their records!!

OK, you obviously don't understand the issue.

And you didn't understand what I meant, even after I tried to explain myself once before.


This is going nowhere. I thought we could talk about the issues. Maybe clear up some misconceptions, which I actually did for a few people. And that was worth it .


So nuff said.

 

[GSequoia]

I think what he was saying is when government controls where your money goes, than you have instilled a socialist ideology. Socialism and communisim become the same in the evolution of societies.

Government regulation, government controlled healthcare, government controlled...

Actually I think the point Islander was making is that it just made no sense no matter what the intent is.

Fascism and Communism are opposite ideals. The fascist ideology is the far right and Communism is the far left.

 

[JNickel101]

I can't fathom how anyone thinks it is fair to tax everyone at different rates....

The ONLY fair tax is:

www.fairtax.org

Seriously...it makes so much sense, its retarded that we're not doing it....

 

[crazyjim]

How many people do you employ?

How much tax revenue do you dump back into the economy?

How much personal financial risk do you take on to do both of the above?

People making that kind of money don't work for others; they risk big to make it big. Therefore, they earn the reward with zero time off from work, sleepless nights on cashflow, troubled phone calls from employees at any given day or time, constantly changing market conditions, budgets etc.

Mike, you clock out at the end of the day. Those making that kind of money never do.

And thank god for people like you! While I don't make 250K/year I DO believe it's fucking IRRESPONSIBLE to tax them for being successful. Tax the poor! Tax people for being idiots! Don't punish someone for taking advantage of a capitalist government... because when you do that, it's called communism.

 

[JNickel101]

It's very apparent that some people on this thread have become hypnotized by Obama...

....I just wish people would wake up and think for themselves. Between that and Fair Tax, is that too much to ask?

 

[mikedashg]

Tax the poor! Tax people for being idiots!

X2 And I'd be ALL for that. But it's NOT an option.

I'm going for the douche, not the turd sandwhich