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Budget talks: This is getting nasty

Discussion in 'Sports and News' started by printdust, Jul 13, 2011.

  1. Boom_70

    Boom_70 Well-Known Member

    Repairs are deductible also. The poor will help you with any repairs.
     
  2. LeCranke

    LeCranke Member

    We're supposed to take economic and political advice and guidance page after page from a coffee machine repairman who drives an 11-year-old hoopty?

    For fuck sake.
     
  3. suburbia

    suburbia Active Member

    Very true. But it also won't change unless more people aren't dependent on those greedy oligarchs and plutocrats for their very survival.

    You want to rise up against them? Fine - you're fired. And you're going to lose your savings and your home. And you may even die because you can't afford even basic health care anymore. You think you can take them and their many billions of dollars in assets down while you're in that state?
     
  4. LongTimeListener

    LongTimeListener Well-Known Member

    No. It is not factual. It is distortion. But I guess you're just going to continue this charade.
     
  5. Boom_70

    Boom_70 Well-Known Member

    In the sports world ESPN is a good example of that exact situation.

    It seems like anyone who goes to work for them is selling their soul.
     
  6. doctorquant

    doctorquant Well-Known Member

    LOL ... I'd take those credentials over those of several members of that Congressional supercommittee.
     
  7. Boom_70

    Boom_70 Well-Known Member

    Why not. We are now being lead by a former community organizer.
     
  8. Greenhorn

    Greenhorn Active Member

    Ah, but the president has put forth ideas: infrastructure bank, tax breaks for hiring service vets etc. Congress has to put them in action. Infrastructure used to have solid bipartisan backing (a lot of things did), now nothing has bipartisan backing. Nothing.


    Do conservatives who like their SS checks and Medicare even know these were liberal Democratic programs. They think everything liberal is bad. What have conservative policies brought us: two huge economic downturns in the past 100 years, Watergate, Iran-Contra, two Iraq wars......
     
  9. The Big Ragu

    The Big Ragu Moderator Staff Member

    Go to the OECD's website, please. Take the time to grasp what they are measuring -- the progressivity of taxation across countries (with a particular measurement for the percentage the top decile of earners in each country pays-- i.e. the wealthiest 10 percent). And explain the distortion to me.
     
  10. The Big Ragu

    The Big Ragu Moderator Staff Member

    Rather than reading and posting here, you're free to leave the board and devote your precious time to some other endeavor.
     
  11. LongTimeListener

    LongTimeListener Well-Known Member

    You have ignored me and others many times already on this point, but "federal income tax" is nowhere near the true picture of taxation in the United States, and you know that but hope your political opponents don't. Payroll taxes (which end at $106,000), state taxes, sales taxes, lower capital-gains taxes, tax exemptions available only to the rich.

    I will again post this link that you have chosen to ignore. It is the true taxation rate by income. There is no material difference whatsoever in the percentage of income each group takes in or the percentage each group sends out.

    http://krugman.blogs.nytimes.com/2011/04/22/zombie-tax-lies/

    I do not know if other countries have such different taxes and thus whether the OECD is comparing apples to apples. I do know that the assertion you are trying to make, that the rich bear an overwhelming burden of taxation in the United States, is complete bullshit.
     
  12. doctorquant

    doctorquant Well-Known Member

    Y'all are having an unjoined debate. Both sides are right because they are not in conflict with one another. Ragu's evaluating progressivity by looking at actual cash flows. Those arguing with him are evaluating it based on "share of income." These viewpoints CANNOT be reconciled. If you want to have an actual debate, make the topic the appropriate way of evaluating progressivity.
     
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