Zone1 Tax the Rich! Make them Pay their Fair Share!

[Meathead]

We began with bartering....my labor will build your house and your labor farming will feed me, kind of thing.

Money emerged gradually to overcome the difficulties in barter...(first there was a transition to commodities... like cattle, or salt...)

Coins were not created for the first time until the 7th century BCE.

IT ALL BEGAN with labor....and for thousands of years, we lived without money exchanging hands....

money creates nothing without labor.

Laborers are more important than the cash holders and should be given deference, a lower or no tax rate, not the other way around...

Buffet should not pay a lower rate in taxes than his secretary....

It's called progress my dear. We've come a long way from hunters/gatherers and subsistence living.

 

[WorldWatcher]

AI was created by a business owner not a laborer. Economics is not your strong point.

One man with no employees programed AI?

WW

 

[Meathead]

One man with no employees programed AI?

WW

Perhaps you don't understand the term "laborer" as opposed to employee.

 

[Lisa558]

Thanks for the clarification but the point is still valid.

No, your point was that Buffet paid more in taxes than his sec. I explained how Buffet paid exponentially more.

Thus, your point is not valid,

 

[Hafar1014]

One man with no employees programed AI?

WW

Employees are a dime a dozen and nothing without an idea and a business owner

 

[WorldWatcher]

Perhaps you don't understand the term "laborer" as opposed to employee.

Actually I do.

But in the context of this thread they are synonymous as a differentiation betweeen the person owning a business and the employee that contributes their labor. Labor can be those that perform hard demanind tasks - true. But in THIS context it means those that contribute to an end product as a function of their job.

WW

 

[WorldWatcher]

AI was created by a business owner not a laborer. Economics is not your strong point.

Employees are a dime a dozen and nothing without an idea and a business owner

Ya go ahead, find employees that can program AI at a dime a dozen.

WW

 

[sparky]

The 1% that controls all the wealth is the government

~S~

 

[Care4all]

Higher tax rates on big businesses or corporations, makes them wiser, makes them run their businesses more efficiently....

From experience, when the corporations decided to allot me less money in my budget than they did last year, while still having to beat last year's profits made...I had to really put my thinking cap on and figure out how I can do this in my area of business... And other Buyers and Merchandisers had to do the same.... From cutting waste in supplies, in travel expenses, and business dinners, to working a better deal with the vendors I bought from was all touched....and low and behold, the lower purchasing budget still worked out to the higher profit they expected with less money to make it.

Same thing with corporate taxes being raised or at high levels...it forces corporations to waste not, run more efficiently while still providing stock holders with their profit. They spend their money on things that bring their overall taxes down, like investing in expansion....which is tax free, investing in their employees, with raises or an increase in hires, because it is tax free....they would rather spend their money that way, giving them a future, than giving the govt 40% of their profit.....

 

[Hafar1014]

Ya go ahead, find employees that can program AI at a dime a dozen.

WW

Today even AI can program.

Higher tax rates on big businesses or corporations, makes them wiser, makes them run their businesses more efficiently....

From experience, when the corporations decided to allot me less money in my budget than they did last year, while still having to beat last year's profits made...I had to really put my thinking cap on and figure out how I can do this in my area of business... And other Buyers and Merchandisers had to do the same.... From cutting waste in supplies, in travel expenses, and business dinners, to working a better deal with the vendors I bought from was all touched....and low and behold, the lower purchasing budget still worked out to the higher profit they expected with less money to make it.

Same thing with corporate taxes being raised or at high levels...it forces corporations to waste not, run more efficiently while still providing stock holders with their profit. They spend their money on things that bring their overall taxes down, like investing in expansion....which is tax free, investing in their employees, with raises or an increase in hires, because it is tax free....they would rather spend their money that way, giving them a future, than giving the govt 40% of their profit.....

Tax corporations and the result s job loss and price increases as well as lowering of quality. You pay

 

[Meathead]

Actually I do.

But in the context of this thread they are synonymous as a differentiation betweeen the person owning a business and the employee that contributes their labor. Labor can be those that perform hard demanind tasks - true. But in THIS context it means those that contribute to an end product as a function of their job.

WW

Yeah, that's how shit works and why we're living far better and longer lives than our ancestors.

If I come up with an idea for a better mouse trap and people demand it, would I have to make all of them myself? Chop down trees, cut the wood, make the metal springs and so on?

 

[Hafar1014]

Yeah, that's how shit works and why we're living far better and longer lives than our ancestors.

If I come up with an idea for a better mouse trap and people demand it, would I have to make all of them myself? Chop down trees, cut the wood, make the metal springs and so on?

You buy a machine that does it

 

[alang1216]

No, your point was that Buffet paid more in taxes than his sec. I explained how Buffet paid exponentially more.

Thus, your point is not valid,

Warren Buffet once said that he pays a lesser tax rate than his secretary. She paid the standard income tax, say 25%, while he paid mostly capital gains tax, say 15%.

There is no such thing as a fair amount of tax since percentages vs absolute numbers give very different pictures. What seems fair to me would be everyone paying the same percentage of their income in taxes. (Point unchanged->) Right now the poor pay at a much higher rate since most taxes, like gas tax, are not progressive.

 

[Hafar1014]

Warren Buffet once said that he pays a lesser tax rate than his secretary. She paid the standard income tax, say 25%, while he paid mostly capital gains tax, say 15%.

There is no such thing as a fair amount of tax since percentages vs absolute numbers give very different pictures. What seems fair to me would be everyone paying the same percentage of their income in taxes. (Point unchanged->) Right now the poor pay at a much higher rate since most taxes, like gas tax, are not progressive.

Anyone can pay a capital gains tax. Just invest.

 

[Care4all]

Today even AI can program.

Tax corporations and the result s job loss and price increases as well as lowering of quality. You pay

Nope!

 

[Lisa558]

Warren Buffet once said that he pays a lesser tax rate than his secretary. She paid the standard income tax, say 25%, while he paid mostly capital gains tax, say 15%.

There is no such thing as a fair amount of tax since percentages vs absolute numbers give very different pictures. What seems fair to me would be everyone paying the same percentage of their income in taxes. (Point unchanged->) Right now the poor pay at a much higher rate since most taxes, like gas tax, are not progressive.

Actually, the poor do not pay at a higher rate. They don’t pay income taxes at all. They instead are net TAKERS.

The bottom HALF of the population contribute only 3% of all federal income tax. We have to get more people to pitch in.

 

[Meathead]

You buy a machine that does it

It would have to be a very versatile, complex and expensive machine which someone would have to build anyway.

 

[Lisa558]

Anyone can pay a capital gains tax. Just invest.

Better yet, invest in a ROTH and you won’t have to pay a capital gains tax at all.

 

[Hafar1014]

It would have to be a very versatile, complex and expensive machine which someone would have to build anyway.

That never shows up late askes for more money or goes on strike

 

[Hafar1014]

Better yet, invest in a ROTH and you won’t have to pay a capital gains tax at all.

You pay more its taxed as income at a higher rate