Its Now $200,000.

Doctor Pot

Well-Known Member
Everything Obama is doing draws parallel to what happened in Socialist nations. Stratification of the classes that meant that only those that became the party "elite" were rich, and that only party members were middle class.
If I draw parallels between you and say, Timothy McVeigh, it doesn't mean I can say you are similar in other ways. Plus, I know plenty of rich members of both major parties, and many poor and middle class members of both parties. Are you trying to say Obama is going to levy special taxes on non-Democrats?

His idea of taxing income more doesn't do anything to really redistribute wealth, so maybe he's not a socialist. But what they do do is make it a lot harder for some one in the middle to reach the top.
Not necessarily, since using your argument, Obama's tax structure would make the "top" significantly lower. ;)
 

Dfunk

Well-Known Member
Obama Wins - We Lose.......McCain Wins - We Lose.......period. That's how I feel. The game was over before it started.
 

TheBrutalTruth

Well-Known Member
If I draw parallels between you and say, Timothy McVeigh, it doesn't mean I can say you are similar in other ways. Plus, I know plenty of rich members of both major parties, and many poor and middle class members of both parties. Are you trying to say Obama is going to levy special taxes on non-Democrats?

It wouldn't surprise me if he did.


Not necessarily, since using your argument, Obama's tax structure would make the "top" significantly lower. ;)
If you are going to try using what I said against me, why don't you pull it from whatever thread that was in, and put in in your post so everyone can write it.

And my arguments against minimum wage has nothing to do with taxation. But taxation is going to do the same damn thing, because it preserves the wealth that has already been built up, and punishes those that are trying to build up their own wealth. Thus it makes it harder to become independently (really independently) wealthy.
 

Doctor Pot

Well-Known Member
Look, whatever you may think about Obama, his goal in life is not to screw over the American people as much as possible.

If you are going to try using what I said against me, why don't you pull it from whatever thread that was in, and put in in your post so everyone can write it.
I just meant that if the taxes on the rich were higher, there would be less distance between the richest people and the middle class. Forget it, it's irrelevant.

And my arguments against minimum wage has nothing to do with taxation. But taxation is going to do the same damn thing, because it preserves the wealth that has already been built up, and punishes those that are trying to build up their own wealth. Thus it makes it harder to become independently (really independently) wealthy.
So you're saying that people who have money are able to hold onto it more easily because it's not taxed? Well if they made that money, then more power to them. If they inherited it, well, the estate tax will level the playing field a bit. ;)

Well, if your goal is to amass a huge amount of money, you can put it in a 401k and then it's not taxed until you take it out. If you're trying to make a lot of money, you'd also be investing in a bunch of stuff, which also gives tax breaks in the sense that you can balance your gains and losses so as to put yourself in an advantageous tax bracket.

If you're talking about the minimum wage, I think the government is (and should be) more concerned whether people at the bottom end of the income scale are able to survive on what they make than whether a rich guy can get richer faster. I mean, both are important, but they aren't mutually exclusive.
 

"SICC"

Well-Known Member
i wanna see some political degrees or somthing you all act like your right up in there haha, serously, i waana see some kind of paper work
 

TheBrutalTruth

Well-Known Member
Look, whatever you may think about Obama, his goal in life is not to screw over the American people as much as possible.


I just meant that if the taxes on the rich were higher, there would be less distance between the richest people and the middle class. Forget it, it's irrelevant.


So you're saying that people who have money are able to hold onto it more easily because it's not taxed? Well if they made that money, then more power to them. If they inherited it, well, the estate tax will level the playing field a bit. ;)

Well, if your goal is to amass a huge amount of money, you can put it in a 401k and then it's not taxed until you take it out. If you're trying to make a lot of money, you'd also be investing in a bunch of stuff, which also gives tax breaks in the sense that you can balance your gains and losses so as to put yourself in an advantageous tax bracket.

If you're talking about the minimum wage, I think the government is (and should be) more concerned whether people at the bottom end of the income scale are able to survive on what they make than whether a rich guy can get richer faster. I mean, both are important, but they aren't mutually exclusive.
Minimum Wage does nothing more but make the difference between the rich and the poor that much greater.

When prices rise, the amount of the cut increases because most businesses shoot of make a certain percentage off each product. Thus when you raise minimum wages, prices go up, and the cut goes up, and everyone except the very rich end up poorer, but even they end up poorer, but they have the ability to make more money.

When you tax people on a progressive scale you make it harder for some one that is trying to get ahead to get ahead, because unless they are already at a point where taxes have a minimal effect ($100,000) or so, then the higher taxes in the middle, are going to have a greater effect on them, because they already have to spend a greater portion of their income on food, gas, shelter, and other things that they want, or view as necessities.

Thus increased taxation makes it harder for people at the bottom to get ahead.
 

Doctor Pot

Well-Known Member
Minimum Wage does nothing more but make the difference between the rich and the poor that much greater.

When prices rise, the amount of the cut increases because most businesses shoot of make a certain percentage off each product. Thus when you raise minimum wages, prices go up, and the cut goes up, and everyone except the very rich end up poorer, but even they end up poorer, but they have the ability to make more money.

When you tax people on a progressive scale you make it harder for some one that is trying to get ahead to get ahead, because unless they are already at a point where taxes have a minimal effect ($100,000) or so, then the higher taxes in the middle, are going to have a greater effect on them, because they already have to spend a greater portion of their income on food, gas, shelter, and other things that they want, or view as necessities.

Thus increased taxation makes it harder for people at the bottom to get ahead.
Bwah? A progressive tax code places the burden more heavily on the rich than on the middle. That's the definition of it.

An increase in minimum wage does not immediately result in a price increase across the board. I have no idea where you're getting that from. Most workers aren't even affected by a minimum wage increase. The only downside is that an employer might be tempted to figure out ways to hire fewer workers, which admittedly might screw over a few people. STILL, if a guy has to work three part-time jobs at minimum wage to meet ends meet, then when the minimum wage increase takes effect, he can cut back his hours for no loss in income.
 

NorthwestBuds

Well-Known Member
Minimum Wage does nothing more but make the difference between the rich and the poor that much greater.

When prices rise, the amount of the cut increases because most businesses shoot of make a certain percentage off each product. Thus when you raise minimum wages, prices go up, and the cut goes up, and everyone except the very rich end up poorer, but even they end up poorer, but they have the ability to make more money.

When you tax people on a progressive scale you make it harder for some one that is trying to get ahead to get ahead, because unless they are already at a point where taxes have a minimal effect ($100,000) or so, then the higher taxes in the middle, are going to have a greater effect on them, because they already have to spend a greater portion of their income on food, gas, shelter, and other things that they want, or view as necessities.

Thus increased taxation makes it harder for people at the bottom to get ahead.
That's why Obama is lowering taxes for those people.
 

TheBrutalTruth

Well-Known Member
Bwah? A progressive tax code places the burden more heavily on the rich than on the middle. That's the definition of it.

An increase in minimum wage does not immediately result in a price increase across the board. I have no idea where you're getting that from. Most workers aren't even affected by a minimum wage increase. The only downside is that an employer might be tempted to figure out ways to hire fewer workers, which admittedly might screw over a few people. STILL, if a guy has to work three part-time jobs at minimum wage to meet ends meet, then when the minimum wage increase takes effect, he can cut back his hours for no loss in income.
I think it might be more intelligent for him to get one full time job, and one part time job...

And even then, if employers do cut jobs, and eliminate the entry level positions that most people need in order to get experience to get into better paying jobs, then it makes it even harder for those just starting out that do not have experience to get a job.

That, while the price hike is not immediate, it still is there, and if raising minimum wage was the solution, why didn't it work the first time?
 

Doctor Pot

Well-Known Member
Raising minimum wage is what solution? It's not a solution to any major problems, and barely has any impact on the economy. The people who make the least money have a few extra bucks to take home and that's about it.

Full-time jobs are hard to get for a lot of people. Employers have to give certain benefits to full-time employees, and many don't want to so they only hire part time.

You honestly think entry-level jobs will disappear if the minimum wage goes up? Where I live, it's extremely easy to get a shitty job, but hard to get a good one. And believe me, none of the entry-level jobs that actually lead to anything decent start out at minimum wage.
 

TheBrutalTruth

Well-Known Member
Raising minimum wage is what solution? It's not a solution to any major problems, and barely has any impact on the economy. The people who make the least money have a few extra bucks to take home and that's about it.

Full-time jobs are hard to get for a lot of people. Employers have to give certain benefits to full-time employees, and many don't want to so they only hire part time.

You honestly think entry-level jobs will disappear if the minimum wage goes up? Where I live, it's extremely easy to get a shitty job, but hard to get a good one. And believe me, none of the entry-level jobs that actually lead to anything decent start out at minimum wage.
Why don't you tell that to the employees of Steak n Shake, all 22,000 of them, who are working for a company that is blowing through cash like the federal government?

Ask them if they like knowing that their company is bleeding red ink due to the actions of a government that is disconnected from reality.
 

misshestermoffitt

New Member
Most companies that pay minimum wage will not give employees full time hours because if they did, then they'd have to give other benefits as well.


I think it might be more intelligent for him to get one full time job, and one part time job...

And even then, if employers do cut jobs, and eliminate the entry level positions that most people need in order to get experience to get into better paying jobs, then it makes it even harder for those just starting out that do not have experience to get a job.

That, while the price hike is not immediate, it still is there, and if raising minimum wage was the solution, why didn't it work the first time?
 
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