Trajan
conscientia mille testes
And could I not then argue to you, that by that person not working for that extra 40c on the dollar, the demand will still exist and a smaller firm will then fill that need? Could not I argue that giving the incentive to that same person, he, being the more powerful firm, would then push the would-be competitor into unprofitability, ultimately poverty?
Consider a 2-person economy where those two aforementioned firms are the only participants. When the second would-be competitor is pushed out of the game entirely, who still exists to be a customer for the more powerful firm?
I think there's a healthy middle ground that we are not pursuing.
Well lets explore this from the middle out- what income, in $ is rich in that others get to decide that they are making is ‘too much’ and their contribution to the collective has to increase.?
Yes I have a good idea to good an idea what the tax brackets are and those are very simple benchmarks but lets look at this in grander terms because the media likes to feed us.
47k is the median salary in the US, their tax burden just based on that salary is basically zero.
So whats ‘rich’ where in the rich have to give the gov. say 20% of their income per year? 30%, 50%, 75%?
Society decides, and it's obviously not going to be the same today as it is in 10 years. That's why we have elections and set a new budget every year.
What would I personally like to see? Top-out around 50%. Of course, mathematically it's impossible for anyone to pay the full 50%, because their lower brackets are taxed at the lower bracket rates.
But what I want is as irrelevant as it is inconsequential.
you're dodging cuyo,your answer doesn't address mine really, at all.
sorry but there it is, and I am not asking society, I am asking you and people here.
The point is, we have tried this, and it's failing miserably for most people. Cutting taxes and de-regulating have been taking place for 30 years. Look where we landed! And you seriously want to tell me, the answer is cut more and deregulate more?
I have not said any such thing, I asked a question.
you have constructed a huge strawman.
Maybe you don't care; I don't think that's the case but it's a possibility. You've carved out your niche in society and it's working for you. But I don't think you grasp the futility experienced by young people entering the job market for the first time today. I don't happen to be one of them... But people who work for me are, and certainly people I know are. Dual incomes, all for an SOL lower than their parents and grandparents enjoyed with 1!
you are now making huge assumptions absent any real informed basis to do so, at all.
You are assuming a great deal then crafting self aggrandizing homily's, you are not answering the question.
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