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jiminycricket1 74M
5533 posts
1/7/2019 7:46 am
Marginal Tax rate.. the Wealthy, the Economy and the Boondoggle


Well the whole idea HAS to change......

The whole idea that with capitalism... the "skies" the limit..Once you get off the ground there's nothing to stop YOU.
The idea.... that more one has..... The MORE one is entitled to
The idea of the reverse MARGINAL tax rate......The more you make, the less percentage you . Now I know you don't realize that's what we have now...and in the tax law it may not appear that way....But in reality that's the way it is.

The ideas we now have.. has been a boondoggle by the wealthy..

You to understand both capitalism, the economy, wealth, incentives, and wealth growth.. to understand the benefits of a high marginal tax rate..
First of all only the top one percent are subject to it.. So for Us peons.. It means nothing... Except greater government benefits..
The idea of a 70% marginal tax is that for every dollar over certain HIGH amount is taxed at a seventy percent rate....for example if someone makes over 500,000 per year.. then the rate below that is the same... but each ADDITIONAL dollar made is taxed at the higher rate... You ask how is that fair?..... Well if you made 500,000 a year you'd realize you are not rowing the same boat as the rest of us...Additional income comes a heck of lot easier. it's levels the playing field for ADDITIONAL INCOME...
WE now live in a country that's bought into the boondoggle... that if you make it.... Additional income is not only easier...You get to keep more of it.
Because.. that wealth is made off of money that's already been taxed WTF?.. You people are just stupid to buy into that boondoggle.
You also buy into the idea that somehow... that helps the economy...You know like "trickle down economics"?. WTF? Wealth begets wealth.. just for the individual.. We have NO control of whether or not that helps the economy..Giving People money, who don't have it and have to SPEND it... guarantees helping the economy..
Finally the idea that if someone has a high tax rate... then the marginal increase in wealth.... will no longer matter....When just the opposite is true.. those that search for wealth.. will just search harder...30% percent of something is better than 70% of nothing.
It's inherent that "gift" of Capitalism is given to the wealthy.....But even so...if one is wealthy.. That doesn't give them the RIGHT to that gift.. And the rest Us.. don't need to be Santa Clause..


jiminycricket1 74M
13732 posts
1/7/2019 7:49 am

I am not expressing a specific idea.. but a general one...How we fix the boondoggle.. I leave it up to those who realize....it is a boondoggle.


jiminycricket1 74M
13732 posts
1/7/2019 8:34 am

The ideas people have just baffle me..

You think entitlements is just stealing for the rich and giving to the poor? Nothing could be farther from the truth..

The "entitlement" is ALWAYS the wealthy's....... The problem.. unlike, many of the poor entitled.. The wealthy DEMAND it for FREE..and believe themselves far more entitled than any of the rest of US.

So ask.... what is the wealty's entitlement? That they think, they don't have to pay for..
First of all Capitalism
Our government.. in which they inherently have more control
Their ability to acquire wealth and retain wealth....
Their ability to operate freely...and have government protection.. from both foreign and domestic people... who would prevent them for obtaining and retaining wealth.. how they can invest abroad and at home.. and not get totally screwed.
Protection, from the unscrupulous......The "Donald Trump" type.. their ability to redress that kind of situation and person.

For the wealthy living in THIS country.....is not just a RIGHT.. but an ENTITLEMENT
.
The wealthy are NOT entitled to believe Capitalism and Freedom...is Free

Taken all in hand,, one needs to see the value for the wealthy... in WILLINGLY paying for it., for if they don't...... THEY WILL LOSE IT.


jiminycricket1 74M
13732 posts
1/7/2019 8:46 am

    Quoting  :

Okay.. This is not a condemnation of CAPITALISM....It's a condemnation of capitalists..

It's a condemnation of YOU......who sees taxation as a "confiscation of wealth"...

The idea that the wealthy.. shouldn't have to pay for wealth....Like the poor shouldn't have TO PAY for being poor....

BUT the POOR have to PAY for being poor... For Wealthy, it's an entitlement.. because it's just a choice, if they pay or not.

So if your wealthy or poor.. It's not about SHOULDN'T have to pay...It about you HAVE to PAY.. one way or the other...to live in this country

You did it again.. YOU JUST PROVED MY POINT.


jiminycricket1 74M
13732 posts
1/7/2019 9:01 am

    Quoting  :

That idea just astounds me.. Now, capitalism has lifted more people from poverty to wealth than any other system... I agree.. it's a great system...when it disperses wealth.

But I'm adding.... the rest of that crap your spouting to my list of... Why you feel entitled.

Let me ask you something.... who is more entitled.. the job giver or the job doer?
Who more depends more on Capitalism.... the job giver or the job doer?
Who has the greater ability to expand their wealth..... the job giver or the job doer?
Who does Capitalism help the most .. the job giver or the job doer?..
Who should PAY for Capitalism .. the job giver or the job doer?

Who is getting their wealth "confiscated" ..... the job giver or the job doer?


jiminycricket1 74M
13732 posts
1/7/2019 9:42 am

Let me answer it for you.....The job giver and job doer.....Of course in perfect Capitalism.. It doesn't matter.. but here's the rub in OUR system...

The only difference between a factory worker in America and one in sChina....is not in the system..... it's in the anti-system.....
WE allow our job doers to fight the inequities of Capitalism... because OUR Capitalism is all in favor of the job giver..
Any advantages our workers get, over those in sChina or the rest of the world is their freedom to be anti-capitalist.
Pay increase. getting paid for the value added, job done, healthcare, social security, pensions.. UNIONS Are all Anti-capitalsim.. Without it.. Our worker are just the same as in any other system....
Our workers don't depend on Capitalism for a JOB...They depend on our government... to get a fair shake from capitalists.. in doing their job.
The job isn't capitalist.. but the job giver is...
And when the government "confiscates" wealth.. It not from the job giver it from the job doer.. They're the ones paying for something they shouldn't need.

All reasons the job giver is entitled..They are entitled to screw the system.. the are entitled to regale against those who fight capitalist.. the are entitled to the power of the dollar...They have more ...so they should control more...
Although,, I would say it confusing to understand where Democracy and Capitalism intertwine... It not confusing to them, But they want to make it confusing to YOU.

Now it COULD work... our democracy and capitalism.. I have not given up yet...
But it needs a start.....Like YOU and TRUMP being HONEST.


jiminycricket1 74M
13732 posts
1/7/2019 10:31 am

    Quoting  :

Yes.... ideas do escape you..

It's all attitude and perceptions....and void of reality..

Especially with you.. who see's just in black and white.

I don't need to defend the workers...they don't need defending
I condemn the abusers
Again with the irony.. Workers are more ideological capitalists in this country than in any other ..
But the elitist entitled wealthy.. FORCE THEM... not to be

Where you see ...what they do as trying to defeat of Capitalism..
They don't see it that way.. When they are trying so hard to do..is make it work.
Don't you see....in OUR DEMOCRACY...which you don't understand either.. Like MAJORITY RULE......... It's the only reason.. You haven't already been defeated.
it's the only way YOU GET AWAY WITH IT.

You think you can use your puppet strings forever? Think again!


LeafReport 73M

1/7/2019 2:32 pm

Maisie is simply clueless...destined for a life of intellectual poverty.