Hard Truths....What's Your Example?

[1srelluc]

I've never gotten a job from a poor person.

So we need to tax the the rich even more, right?

 

[sparky]

A quitter never wins.....~S~

 

[1srelluc]

A quitter never wins.....~S~

Just ask Musk.

 

[pknopp]

I've never gotten a job from a poor person.

So we need to tax the the rich even more, right?

Many people have been employed by a poor person.

7 Entrepreneurs Who Were Broke When They Started

Take a cue from these seven sets of entrepreneurs who were totally broke when they started out.

www.ignitespot.com

 

[pknopp]

A quitter never wins.....~S~

An alcoholic that quits, wins.

 

[Cellblock2429]

Many people have been employed by a poor person.

7 Entrepreneurs Who Were Broke When They Started

Take a cue from these seven sets of entrepreneurs who were totally broke when they started out.

www.ignitespot.com

/-----/ So, seven out of millions of poor people made a go of it. Big deal. Besides, 1srelluc never got a job from a poor person, not even from those 7.

 

[1srelluc]

Many people have been employed by a poor person.

7 Entrepreneurs Who Were Broke When They Started

Take a cue from these seven sets of entrepreneurs who were totally broke when they started out.

www.ignitespot.com

Impossible....Other than the MagLite guy (a different era) they had to have either a credit line or a benefactor.

 

[Cellblock2429]

I've never gotten a job from a poor person.

So we need to tax the the rich even more, right?

/---/- Even a broken (analog) clock is correct twice a day.

 

[1srelluc]

An alcoholic that quits, wins.

That's more of a lifestyle change, but fair enough, a win is a win.

 

[citygator]

I've never gotten a job from a poor person.

So we need to tax the the rich even more, right?

Thank you. I love that you are sitting in your trailer worried about my taxes. Trump gave me a $30,000 tax cut because of your vote and I am indebted to you. I will raise a glass to you in the new year from my Florida home when I get out of Charlotte.

 

[1srelluc]

Thank you. I love that you are sitting in your trailer worried about my taxes. Trump gave me a $30,000 tax cut because of your vote and I am indebted to you. I will raise a glass to you in the new year from my Florida home when I get out of Charlotte.

LOL....You should fit right in with Florida Man....Till you open that yap and he feeds you to the gators.

 

[DGS49]

Life is not fair. Seriously. And to fret about you getting screwed or someone else getting something that you wanted is a recipe for frustration and failure.

One of the main reasons that religion is compelling (to many) is that it promises to compensate for the unfairness of life. Because it pains us when we see some virtuous person who dies a miserable death in disease or poverty, while bad people die basked in luxury. We want to believe that there is an afterlife where/when those injustices will be rectified.

Even if it is a fairy tale, we want to believe it.

 

[Slade3200]

I've never gotten a job from a poor person.

So we need to tax the the rich even more, right?

I bet I could win this debate. What were your first 3 jobs?

 

[Slade3200]

A quitter never wins.....~S~

Even the drummer that quit the tour and therefore missed the plane crash?

 

[citygator]

Life is not fair. Seriously. And to fret about you getting screwed or someone else getting something that you wanted is a recipe for frustration and failure.

One of the main reasons that religion is compelling (to many) is that it promises to compensate for the unfairness of life. Because it pains us when we see some virtuous person who dies a miserable death in disease or poverty, while bad people die basked in luxury. We want to believe that there is an afterlife where/when those injustices will be rectified.

Even if it is a fairy tale, we want to believe it.

There is a wide path between letting a few people have everything and throwing out capitalism and democracy for communism. A rational tax plan that burdens the wealthy more heavily and provides more benefits to the workers is a reasonable approach. Guarantee some healthcare, food, school and housing for the poor, provide some affordable day care, health care, and education for the middle class and walla... all is good.

 

[1srelluc]

I bet I could win this debate. What were your first 3 jobs?

Local restaurant....Owner was wealthy.

Tastee Freeze....Franchise owner was wealthy.

Ice Plant....Owner as well off but not rich.

 

[Darkwind]

You can't fight the tears that aren't coming. -- Goo Goo Dolls

 

[Bitterhook]

There is a wide path between letting a few people have everything and throwing out capitalism and democracy for communism. A rational tax plan that burdens the wealthy more heavily and provides more benefits to the workers is a reasonable approach. Guarantee some healthcare, food, school and housing for the poor, provide some affordable day care, health care, and education for the middle class and walla... all is good.

Wealth redistribution and the attempt to tax a society into a general prosperity is nothing more than the stupid pursuit of mediocrity in attempts to afford the lowest common denominator. It has nothing to do with the pursuit of excellence, is nothing worth aspiring towards, and is not how we got from Kittyhawk to the moon in 70 years.

 

[citygator]

Wealth redistribution and the attempt to tax a society into a general prosperity is nothing more than the stupid pursuit of mediocrity in attempts to afford the lowest common denominator. It has nothing to do with the pursuit of excellence, is nothing worth aspiring towards, and is not how we got from Kittyhawk to the moon in 70 years.

That is exactly how we flew form Kittyhawk to the moon in 70 years with high taxes on the wealthy. If you did your own research you'd know that:

Before 1980 (post-WWII)

• Top marginal income tax rate: 70–91% (1940s–1970s)
• Capital gains: taxed close to ordinary income
• Estate taxes: strong and widely enforced

Result:

• Rapid economic growth
• Rising middle class
• Low wealth inequality by historical standards
• This period is often called the “Great Compression.”

After 1980 (we were already on the moon by then)

Reagan:

• Top marginal rate cut from 70% → 50%
• Capital gains taxes reduced

Bush:

• Top marginal rate cut from 50% → 28%
• Capital gains and dividends capped at 15%
• Estate tax weakened and temporarily repealed

Clinton:

• Top marginal rate raised from 28% → 39%

Trump:

• Top marginal rate cut from 39% → 37%
• Corporate tax rate slashed 35% → 21%
• Permanent corporate cuts
• Temporary individual cuts that became permanent

Now we have the top % owns everything a shrinking middle class and a brainwashed populace that thinks that the wealthy should not pay their fair share anymore because they have been fooled into believing that how we rain the US in its heyday in now communist, socialist, marxist or whatever ist they have been conned into believing.

 

[Meister]

That is exactly how we flew form Kittyhawk to the moon in 70 years with high taxes on the wealthy. If you did your own research you'd know that:

Before 1980 (post-WWII)

• Top marginal income tax rate: 70–91% (1940s–1970s)
• Capital gains: taxed close to ordinary income
• Estate taxes: strong and widely enforced

Result:

• Rapid economic growth
• Rising middle class
• Low wealth inequality by historical standards
• This period is often called the “Great Compression.”

'Life's a ***** and then you die.'

Deductions, deductions, deductions.
After the deductions, the top marginal rate was nowhere near
your 70-91% rate. FACT