Tax the Rich: Fix Jobs and Deficits

[Jarhead]

So your situation isn't applicable to the topic of the thread but thanks for sharing, glad to see you made it through the tough times.

Increase revenue and cut spending, it only makes sense to do both.

Of course it's applicable. He's one of those dirty bastard rich business owners wh ohas more than he needs and is out to screw the little guy. Get with the program. Power to the people!

For a while I have been asking:
Isn't it about time those that receive government checks to take a slight hit in all of this?

ahhh...the irony...

The ones that pay for the entitlements are the ones who never use them

And the ones that dont pay for them, and use them, want the ones that DO pay for them, to pay for more.

 

[Nic_Driver]

Last year, when I had to dig into my savings to keep my company afloat, I dont recall any of my employees saying "I will take a pay cut to help you out seeing as I am making more than YOU are"

Come to think of it, I dont recall ANYONE saying "here, you could use this."

So your situation isn't applicable to the topic of the thread but thanks for sharing, glad to see you made it through the tough times.

Increase revenue and cut spending, it only makes sense to do both.

I agree.
But to increase taxes on those that create the jobs will iincrease taxes at the cost of jobs.

But to NOT increase taxes on those that create the jobs gives them (and me) more money to create business growth (and thus jobs) and THAT will increase tax revenue as there will be more people paying taxes. It will ALSO cut spending as there will be fewer people on unemployment.

I know...I know....that makes no sense.

Yes it does. You just dont like the logic.

I see your confusion, you failed Capitalism 101.

Demand creates jobs, not business. In fact, demand creates business.

We need to increase revenue and cut spending, any business owner will tell you that.

 

[Jarhead]

So your situation isn't applicable to the topic of the thread but thanks for sharing, glad to see you made it through the tough times.

Increase revenue and cut spending, it only makes sense to do both.

I agree.
But to increase taxes on those that create the jobs will iincrease taxes at the cost of jobs.

But to NOT increase taxes on those that create the jobs gives them (and me) more money to create business growth (and thus jobs) and THAT will increase tax revenue as there will be more people paying taxes. It will ALSO cut spending as there will be fewer people on unemployment.

I know...I know....that makes no sense.

Yes it does. You just dont like the logic.

I see your confusion, you failed Capitalism 101.

Demand creates jobs, not business. In fact, demand creates business.

We need to increase revenue and cut spending, any business owner will tell you that.

Uh...excuse me...you are not in my league when it comes to understanding capitalism.

Syracuse University, 1980...BA Economics
Business Planner/Human Resources Strategies and Solutions
Business owner for over a decade and a half in one of the stongest marketplaces in the world...NYC.

The demand for goods and services is there. Those with a sound business plan will find a way to meet that demand; and that will require an increase in headcount.
The only difference is...

RIGHT NOW THE DEMAND IS BEING CREATED BY AND PAID FOR WITH GOVERNMENT HANDOUT MONEY. INSIST ON INCREASING THE TAXES OF THOSE THAT ARE TRYING TO MEET THE DEMAND WILL RESULT IN NO HIRING AND A CONTINUED USE OF GOVERNMENT HANDOUTS TO PAY FOR THE DEMAND....AND SUCH DEMAND IS FOR "CHEAPER" GOODS FROM OVERSEAS.

Give a man an unemployment check and he will buy chinese made sneakers for his family.
Give a man a steady job and he will by the better made domestic sneakers.

Either way...the demand is there for the sneakers.

Learn about how business works before you regurgitate the left wing talking points spewed by actors who have never run a business.

 

[Nic_Driver]

I agree.
But to increase taxes on those that create the jobs will iincrease taxes at the cost of jobs.

But to NOT increase taxes on those that create the jobs gives them (and me) more money to create business growth (and thus jobs) and THAT will increase tax revenue as there will be more people paying taxes. It will ALSO cut spending as there will be fewer people on unemployment.

I know...I know....that makes no sense.

Yes it does. You just dont like the logic.

I see your confusion, you failed Capitalism 101.

Demand creates jobs, not business. In fact, demand creates business.

We need to increase revenue and cut spending, any business owner will tell you that.

Uh...excuse me...you are not in my league when it comes to understanding capitalism.

Syracuse University, 1980...BA Economics
Business Planner/Human Resources Strategies and Solutions
Business owner for over a decade and a half in one of the stongest marketplaces in the world...NYC.

The demand for goods and services is there. Those with a sound business plan will find a way to meet that demand; and that will require an increase in headcount.
The only difference is...

RIGHT NOW THE DEMAND IS BEING CREATED BY AND PAID FOR WITH GOVERNMENT HANDOUT MONEY. INSIST ON INCREASING THE TAXES OF THOSE THAT ARE TRYING TO MEET THE DEMAND WILL RESULT IN NO HIRING AND A CONTINUED USE OF GOVERNMENT HANDOUTS TO PAY FOR THE DEMAND....AND SUCH DEMAND IS FOR "CHEAPER" GOODS FROM OVERSEAS.

Give a man an unemployment check and he will buy chinese made sneakers for his family.
Give a man a steady job and he will by the better made domestic sneakers.

Either way...the demand is there for the sneakers.

Learn about how business works before you regurgitate the left wing talking points spewed by actors who have never run a business.

Gee, one would think you'd be a little better at the concept of supply and demand with your impressive background...oh well.

 

[DiamondDave]

I see your confusion, you failed Capitalism 101.

Demand creates jobs, not business. In fact, demand creates business.

We need to increase revenue and cut spending, any business owner will tell you that.

Uh...excuse me...you are not in my league when it comes to understanding capitalism.

Syracuse University, 1980...BA Economics
Business Planner/Human Resources Strategies and Solutions
Business owner for over a decade and a half in one of the stongest marketplaces in the world...NYC.

The demand for goods and services is there. Those with a sound business plan will find a way to meet that demand; and that will require an increase in headcount.
The only difference is...

RIGHT NOW THE DEMAND IS BEING CREATED BY AND PAID FOR WITH GOVERNMENT HANDOUT MONEY. INSIST ON INCREASING THE TAXES OF THOSE THAT ARE TRYING TO MEET THE DEMAND WILL RESULT IN NO HIRING AND A CONTINUED USE OF GOVERNMENT HANDOUTS TO PAY FOR THE DEMAND....AND SUCH DEMAND IS FOR "CHEAPER" GOODS FROM OVERSEAS.

Give a man an unemployment check and he will buy chinese made sneakers for his family.
Give a man a steady job and he will by the better made domestic sneakers.

Either way...the demand is there for the sneakers.

Learn about how business works before you regurgitate the left wing talking points spewed by actors who have never run a business.

Gee, one would think you'd be a little better at the concept of supply and demand with your impressive background...oh well.

Actually... it's you that should try and understand the complex concepts on that matter a little better

 

[kwc57]

I see your confusion, you failed Capitalism 101.

Demand creates jobs, not business. In fact, demand creates business.

We need to increase revenue and cut spending, any business owner will tell you that.

Uh...excuse me...you are not in my league when it comes to understanding capitalism.

Syracuse University, 1980...BA Economics
Business Planner/Human Resources Strategies and Solutions
Business owner for over a decade and a half in one of the stongest marketplaces in the world...NYC.

The demand for goods and services is there. Those with a sound business plan will find a way to meet that demand; and that will require an increase in headcount.
The only difference is...

RIGHT NOW THE DEMAND IS BEING CREATED BY AND PAID FOR WITH GOVERNMENT HANDOUT MONEY. INSIST ON INCREASING THE TAXES OF THOSE THAT ARE TRYING TO MEET THE DEMAND WILL RESULT IN NO HIRING AND A CONTINUED USE OF GOVERNMENT HANDOUTS TO PAY FOR THE DEMAND....AND SUCH DEMAND IS FOR "CHEAPER" GOODS FROM OVERSEAS.

Give a man an unemployment check and he will buy chinese made sneakers for his family.
Give a man a steady job and he will by the better made domestic sneakers.

Either way...the demand is there for the sneakers.

Learn about how business works before you regurgitate the left wing talking points spewed by actors who have never run a business.

Gee, one would think you'd be a little better at the concept of supply and demand with your impressive background...oh well.

One would think you'd learn to shut your piehole when you've lost an argument over something you don't understand. But do keep on, it's amusing for the rest of us.

 

[Jarhead]

I see your confusion, you failed Capitalism 101.

Demand creates jobs, not business. In fact, demand creates business.

We need to increase revenue and cut spending, any business owner will tell you that.

Uh...excuse me...you are not in my league when it comes to understanding capitalism.

Syracuse University, 1980...BA Economics
Business Planner/Human Resources Strategies and Solutions
Business owner for over a decade and a half in one of the stongest marketplaces in the world...NYC.

The demand for goods and services is there. Those with a sound business plan will find a way to meet that demand; and that will require an increase in headcount.
The only difference is...

RIGHT NOW THE DEMAND IS BEING CREATED BY AND PAID FOR WITH GOVERNMENT HANDOUT MONEY. INSIST ON INCREASING THE TAXES OF THOSE THAT ARE TRYING TO MEET THE DEMAND WILL RESULT IN NO HIRING AND A CONTINUED USE OF GOVERNMENT HANDOUTS TO PAY FOR THE DEMAND....AND SUCH DEMAND IS FOR "CHEAPER" GOODS FROM OVERSEAS.

Give a man an unemployment check and he will buy chinese made sneakers for his family.
Give a man a steady job and he will by the better made domestic sneakers.

Either way...the demand is there for the sneakers.

Learn about how business works before you regurgitate the left wing talking points spewed by actors who have never run a business.

Gee, one would think you'd be a little better at the concept of supply and demand with your impressive background...oh well.

lol.
You are so clueless, you threw out a basic economics phrase to respond.

Question....do you not believe there is ALWAYS a demand for certaion goiods and services?

When a pipe bursts in someones home, do they say "well, I am on unempluyment, so I cant fix it now....we may drown, but whatever, so be it"..or do they take their unemployment check..or their savings...and have the pipe fixed?
How many people have you heard that have starved to death during the past 3 year recession? Any? So the demand for food has NOT gone down...it is simply being met with government handout money....
But give those people a job, they will not buy cheese...they will buy better square meals....

The demand is there....always is.

You need to learn before you debate.

Tossing phrases out there doesnt work with people that are intelligent.

 

[Wiseacre]

I am always amazed at the naivety of the left's position on job creation. More demand - poof, instant jobs and new businesses, like it's magic. Capital is required up front to create these things, banks don't lend money to anybody with an idea unless thye've got some invested interests behind them. That's just the way it is, and it should be crystal clear that if you reduce the amount of capital that can be invested by raising taxes, particularly on those who have the most money to invest, you are in fact restricting economic growth.

 

[Jarhead]

I have a question Nic_Driver...

How would you like to increase demand?

Do you think a man on unemployment is going to buy a big screen tv? Or some other luxury item?

As for non luxury item....needs in other words....do you think there is not already a demand for those goods.

So I will tell ytou what...lets increase taxes on the job creators (giving them less capital to hire) and cut our spending...

Exactly how do you see that creating jobs? How do you see that increasing demand?

Come on Nic_Driver...you know all about supply and demand......so please...enlighten us...

 

[Nic_Driver]

Profits, economy: Why corporate profits are soaring as economic recovery drags - Los Angeles Times

Why corporate profits are soaring as economic recovery drags

U.S. corporations continue to post strong profits quarter after quarter, even as the unemployment rate remains high and the economic recovery plods along in fits and starts. What gives?

Corporate profits grew 36.8% in 2010, the biggest gain since 1950, according to Friday's latest report from the Bureau of Economic Analysis. No sign could be more clear that U.S. companies see the recession in the rearview mirror.

Yet there are no jobs.



We need to increase revenue and decrease spending, it's good business sense.

 

[Jarhead]

Profits, economy: Why corporate profits are soaring as economic recovery drags - Los Angeles Times

Why corporate profits are soaring as economic recovery drags

U.S. corporations continue to post strong profits quarter after quarter, even as the unemployment rate remains high and the economic recovery plods along in fits and starts. What gives?

Corporate profits grew 36.8% in 2010, the biggest gain since 1950, according to Friday's latest report from the Bureau of Economic Analysis. No sign could be more clear that U.S. companies see the recession in the rearview mirror.

Yet there are no jobs.



We need to increase revenue and decrease spending, it's good business sense.

Profits have increased with no increase in head count for a few reasons...the biggest being a steady demand but an increase in technology.
The goal is to increase demand...and the way to do that is to allow the private sector to invest in its future.
You see, many business owners, such as myself, are updating their business models and do not wait for the demand to grow, but, instead grow in anticipation of an increase in demand....for if we wait until the demand is there, we will miss the boat as our competition who anticipated for the increase and acted ahead of time will beat us out.
It is always best to act as oposed to react.
When will I see a possible increase in deamand? About 6 months AFTER threats of cap and trade, healthcare, and tax increases comes to an end. Right now I have no reason to believe the economy will grow. I am sure my competitors, clients and peripheral vendors are all waiting to make a move just as I am....too much on the table that will cost us money for us to think that any of us will start hiring.

Now...all that being said...exactly how will YOUR model create jobs. You didnt answer that question.

 

[Nic_Driver]

Now...all that being said...exactly how will YOUR model create jobs. You didnt answer that question.

To what model do you refer? I merely corrected you when you claimed that business creates jobs, clearly they don't.

Why do you think raising revenue would not help balance the budget? Is that how you run your business?

 

[Jarhead]

Now...all that being said...exactly how will YOUR model create jobs. You didnt answer that question.

To what model do you refer? I merely corrected you when you claimed that business creates jobs, clearly they don't.

Why do you think raising revenue would not help balance the budget? Is that how you run your business?

Raising revenue is a bi prouct of allwoing the private sector to create jobs.
And as I just explained to you...you are absolutely wrong....business creates jobs based on anticipation of an increase in demand. It has been that way for decades. One can no longer simply meet the demand when it arrives...you must be prepared.

Now again, that beiong said....lets do it your way.....lets increase revenue by taking it away form the job creators...and cut spending by taking more money out of the hands of the unemployed...

That will balance the budget....decrease the ability for those that hire TO hire...decrease the spedning power of the american consumer.

What will that do for us?

 

[Jarhead]

May way naturally increases revenue (more people paying taxes) and decreases spending (less people needing to liove off of the handouts of government)....and allows for economic growth

Your way artificailly increases revenue (taking from the haves) and does nothing in regard to spending....and stymies econ0omic growth.

So I again ask...doing it your way...other than balancing the budget, what benefit is there?

 

[Steelplate]

Yes I absolutely do think it is to much. I think anyone, no matter how much they make, paying more than 25% of their money to the Fed is not only insane, its Criminal.

Look at what happened in NYC. They passed a millionaire tax, which they thought would give them a 100 Million dollar jump in Revenue. The Problem. The Rich can afford to move, and they did. NYC saw a significant Drop in Revenue.

You tax the Rich at 70% for 2 Generations, and there will be no rich left to tax.

Besides, and I can't believe I have to say this again because it has been proven on here many times over, But you could take 100% of Millionaires money and it would amount to a tiny Drop in the bucket compared to the Deficit and Debt Numbers were talking about.

Taxing the Rich is not the Answer, It's simple math it can't be.

You guys need to stop grasping at straws to find a way to Sustain this level of Spending, and pay for SS and Medicares future, and come to grips with the COLD HARD FACTS. We can not sustain it, Taking all the riches money will not sustain it. We must make hard Decisions and cuts, and find ways to sustain our Social Programs that will not destroy us.

PERIOD!!!

**** left and right, **** Dem and Rep. Just face the facts, It's just MATH!!!

Good let the fuckers move out of the country then... and take their citizenship with them. Most of them are nothing more than traitors anyway... Creating Jobs for a Communist and a bunch of Socialist Countries and leaving our own citizens to suffer the Consequences. Then when the shit hits the fan, they expect us taxpayers to pay for their ineptitude(Banking Industry).

And the liberals were so happy to oblige…

Interesting way that ideology seems to work.

Happy to oblige WHAT? IF you recall correctly.... the bank bailouts were voted down the first time around.... then through BIPARTISAN back room wheeling a dealing... the second vote got through.... so screw you with your "liberals happy to oblige" it was both sides with YOUR side leading the way.

Who let the jobs and money go all over the ******* world for pennies on the dollar labor costs?

 

[Steelplate]

Now...all that being said...exactly how will YOUR model create jobs. You didnt answer that question.

To what model do you refer? I merely corrected you when you claimed that business creates jobs, clearly they don't.

Why do you think raising revenue would not help balance the budget? Is that how you run your business?

Raising revenue is a bi prouct of allwoing the private sector to create jobs.
And as I just explained to you...you are absolutely wrong....business creates jobs based on anticipation of an increase in demand. It has been that way for decades. One can no longer simply meet the demand when it arrives...you must be prepared.

Now again, that beiong said....lets do it your way.....lets increase revenue by taking it away form the job creators...and cut spending by taking more money out of the hands of the unemployed...

That will balance the budget....decrease the ability for those that hire TO hire...decrease the spedning power of the american consumer.

What will that do for us?

What good will it do when they CHOOSE to create jobs in other countries for a wage that us not even close to being sustainable here? THAT'S what you guys aren't getting. This whole "business can't create jobs here because of taxes" is bullshit. Their profits have generally never been higher.... Times are GOOD... REAL GOOD for them.

 

[Steelplate]

I agree.
But to increase taxes on those that create the jobs will iincrease taxes at the cost of jobs.

But to NOT increase taxes on those that create the jobs gives them (and me) more money to create business growth (and thus jobs) and THAT will increase tax revenue as there will be more people paying taxes. It will ALSO cut spending as there will be fewer people on unemployment.

I know...I know....that makes no sense.

Yes it does. You just dont like the logic.

I see your confusion, you failed Capitalism 101.

Demand creates jobs, not business. In fact, demand creates business.

We need to increase revenue and cut spending, any business owner will tell you that.

Uh...excuse me...you are not in my league when it comes to understanding capitalism.

Syracuse University, 1980...BA Economics
Business Planner/Human Resources Strategies and Solutions
Business owner for over a decade and a half in one of the stongest marketplaces in the world...NYC.

The demand for goods and services is there. Those with a sound business plan will find a way to meet that demand; and that will require an increase in headcount.
The only difference is...

RIGHT NOW THE DEMAND IS BEING CREATED BY AND PAID FOR WITH GOVERNMENT HANDOUT MONEY. INSIST ON INCREASING THE TAXES OF THOSE THAT ARE TRYING TO MEET THE DEMAND WILL RESULT IN NO HIRING AND A CONTINUED USE OF GOVERNMENT HANDOUTS TO PAY FOR THE DEMAND....AND SUCH DEMAND IS FOR "CHEAPER" GOODS FROM OVERSEAS.

Give a man an unemployment check and he will buy chinese made sneakers for his family.
Give a man a steady job and he will by the better made domestic sneakers.

Either way...the demand is there for the sneakers.

Learn about how business works before you regurgitate the left wing talking points spewed by actors who have never run a business.

Sure.... the demand is there for Cheap overseas goods... BECAUSE NO ONE HAS MONEY TO SPARE!!!! We have sold our souls to cheap goods and big business profits... not on purpose mind you. We did it because we were forced to in the 80's when Reagan set the stage for stagnant middle and working class wages and the trickle up phenomena that we have seen ever since.

Give a man an unemployment check? YOU HAVE GOT TO BE SHITTING ME! Even now... we are looking at what 9% unemployment? You are telling me that 9%... hell even throw in the folks that gave up... 16% are dictating the trend of Cheap sneakers? This is the Best bullshit you can come up with?

Just like the 7% of the workforce that is unionized(most of which are Public Sector) is the reason for the outsourcing... it's all smoke and mirrors.. when the truth is... it's simple profiteering and lack of legitimate choices for our people.... both in products and opportunities.

 

[Steelplate]

I am always amazed at the naivety of the left's position on job creation. More demand - poof, instant jobs and new businesses, like it's magic. Capital is required up front to create these things, banks don't lend money to anybody with an idea unless thye've got some invested interests behind them. That's just the way it is, and it should be crystal clear that if you reduce the amount of capital that can be invested by raising taxes, particularly on those who have the most money to invest, you are in fact restricting economic growth.

They have boatloads of Capital now.... they just refuse to invest it... at least in this country. They like them there Commies better.

 

[Steelplate]

Profits, economy: Why corporate profits are soaring as economic recovery drags - Los Angeles Times

Why corporate profits are soaring as economic recovery drags

U.S. corporations continue to post strong profits quarter after quarter, even as the unemployment rate remains high and the economic recovery plods along in fits and starts. What gives?

Corporate profits grew 36.8% in 2010, the biggest gain since 1950, according to Friday's latest report from the Bureau of Economic Analysis. No sign could be more clear that U.S. companies see the recession in the rearview mirror.

Yet there are no jobs.



We need to increase revenue and decrease spending, it's good business sense.

Profits have increased with no increase in head count for a few reasons...the biggest being a steady demand but an increase in technology.
The goal is to increase demand...and the way to do that is to allow the private sector to invest in its future.
You see, many business owners, such as myself, are updating their business models and do not wait for the demand to grow, but, instead grow in anticipation of an increase in demand....for if we wait until the demand is there, we will miss the boat as our competition who anticipated for the increase and acted ahead of time will beat us out.
It is always best to act as oposed to react.
When will I see a possible increase in deamand? About 6 months AFTER threats of cap and trade, healthcare, and tax increases comes to an end. Right now I have no reason to believe the economy will grow. I am sure my competitors, clients and peripheral vendors are all waiting to make a move just as I am....too much on the table that will cost us money for us to think that any of us will start hiring.

Now...all that being said...exactly how will YOUR model create jobs. You didnt answer that question.

How many employees do you have? let's say... for the sake of argument.. 100. Let's suppose you are a good boss and pay for their health insurance at $12k/employee/year. chances are... a 4% tax increase on your personal income AND allowing your employees to take part in a "Public Option"(which isn't there, thanks to idiotic cries of Socialism) would have saved you money.

 

[rdean]

You can't tax rich people. They make jobs. Remember those trillions in Bush tax cuts? Look at all the jobs they created in China from 2001 to 2008. We're next.