Quote:
Originally Posted by Buffalo Bob
That one, explain GIVING. If you are talking about tax rates (I am guessing) how about using "taking less." While I will never be rich and only made enough to start losing deductions once, I do not think it is fair to tax the crap out of rich people. They get no more out of the government and probably less than a poor person who pays no taxes. As for creating jobs I have known quite a few people who will refuse to earn past a certain amount
a year due to getting into higher tax brackets. I could imagine business owners in California not expanding if they were making close to a $1 million a year if they were opposed to paying the millionaire medical tax.
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I meant to go back and answer this, but kept putting this off. I was speaking in terms of giving rich people and corporations tax breaks and subsidies. It's proven the the money given back wasn't put back into the economy, but it went straight to their bank account. Corporations are sitting on 5 TRILLION in cash reserves, yet they keep avoiding paying taxes and putting that money back into the economy. Yet our idiot politicians keep giving them more tax breaks and more subsidies. Corporate welfare makes social welfare look like a complete joke. It's ok if the old rich white dudes take free money from the government, but fuck that dude Jerome for getting food stamps because Walmart pays him below the poverty level.
Idle corporate cash piles up | David Cay Johnston
I don't think the rich should be taxed any differently than people living above the poverty level. What I do get tired of hearing is those people making the case that rich pay more in taxes than poor people do. What these people don't tell you is that they are paying way less in percentages, and that's the true numbers. If it's ok and great for a guy to make 100000% greater than my salary, why is it ok if he only has to pay .0001% of his taxes while I'm paying 20-30%? Granted the numbers are made up, but I'm illustrating a point. If I'm paying 20%, he should too. This is what we call FAIR and just. If they don't like it, how about we match salaries and I'll pay what he is paying.
Quote:
Originally Posted by CRedskinsRule
The point, of course, is that the man who bought the equipment, hired the guy, paid the electric for the machine, the roof to protect the worker and machine, and took the loss if the guy didn't made them the right color one day, should feel guilty for making money as well.
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For a small business, yes. When you start dealing with corporations and LLCs, there is limited liability so whoever starts the company can walk away with their belongings intact. Hell, even small businesses can file bankruptcy. Most of the time, that "capital" is fronted by a bank anyways.
In the end, it's the workers that make a company go. Should they all be paid the same? Of course not. Should they not be rewarded as the company grows? Absolutely.