Taxing the Rich

[dawgball]

Expect to see the population of millionaires to go down in maryland. This is such fecking bullshit! The government can't balance their budget. The answer? Tax the producers.

I would move tomorrow if I lived in Maryland and qualified for this extra tax just to prove a point.

http://www.baltimoresun.com/news/local/carroll/bal-te.md.millionaire09apr09,0,5222521.story

They should cut spending instead of increasing taxes. It's that simple. The problem is that it's harder to cut spending when the people voting in the rules are the ones who benefit from extra spending.

 

[dawgball]

Smug mother feckers!

 

[DOGS THAT BARK]

Expect to see the population of millionaires to go down in maryland. This is such fecking bullshit! The government can't balance their budget. The answer? Tax the producers.

I would move tomorrow if I lived in Maryland and qualified for this extra tax just to prove a point.

http://www.baltimoresun.com/news/local/carroll/bal-te.md.millionaire09apr09,0,5222521.story

They should cut spending instead of increasing taxes. It's that simple. The problem is that it's harder to cut spending when the people voting in the rules are the ones who benefit from extra spending.

Wonder what they'll do when the tax payors move elsewhere?

States with declining population since 06--
Louisiana 4.87 (after Hurricane)
Rhode Island
District of Columbia
Michigan 0.05
New York
Massachusetts

aside from LA and its hurricane--what do the others all have in common--- they vote em in--then when they see consequences of their convictions they cut a rut to fck up some other area --should have waited till a few more jumped on the taxes are good band wagon in the other thread

"The Census Bureau has released the annual population change estimates for 2006 showing the rise or decline in population in the different states. Last week we had the Top 10 Fastest Growing States in 2006. Today, we are introducing the 10 Slowest Growing States. This includes Louisiana which lost nearly 5 percent of it?s population in the wake of Hurricane Katrina. What is more interesting than that is the exodus out of high taxation states such as Rhode Island, The District of Columbia, Michigan, and New York.

It looks like the northeast is barely holding water on population while the southeast and southwest are the growth areas of the country."

 

[The Sponge]

Let me see if i have this right. The size of your take home pay considers who the producers are?
These millionaire will be okay fellas. You need to stop worrying about billionaires and millionaire and maybe start worrying about the shrinking middle class. If they want they can pay less taxes and become poor like me. I think i work fifty times harder then those producers on Espn giving me my sports fix who make fifty times my salary.

 

[dawgball]

The size of your take home pay considers who the producers are?
These millionaire will be okay fellas. You need to stop worrying about billionaires and millionaire and maybe start worrying about the shrinking middle class.

Outside of the small percentage of trust fund babies, most millionaires are producers, and they provide the majority of the rest of the population with employment. I don't understand the current trend in this country to continue to push up taxes on people who are providing the opportunities.

Continue to pile on taxes to these people, and the jobs will keep leaving the country.

And, by the way, you currently don't know "poor" if you spend this much time on this site.

I think i work fifty times harder then those producers on Espn giving me my sports fix who make fifty times my salary.

It's easy to judge others from the outside, but staying on top of the heap in professional sports is probably pretty tough.

That's why I get so pissed about people using drugs to keep up.

 

[djv]

States can't cut enough cost to run right. And most states have laws they must balanced there budgets. Now if you don't care about your roads,schools,bridges ect. Then its easy everyone goes back to walking and two room schools. Close the colleges we dont need them. Our companies and jobs will have left the country. With middle class shrinking and less money to tax. That leaves the guys with the money to pay. Those who got it all should not complain. They would not servive with out the slaves helping them make that cash. Better to pay a little more to keep there great way of life. Chit if they want another 100 from me they can have it. Just make sure there is no pot holes in my street.

 

[dawgball]

States can't cut enough cost to run right.

This is where I disagree. It's just easier to pass a law and raise taxes. With it being an election year, there's really only one place you are allowed to tax: the rich.

Governments need to run like businesses with fiscal responsibility. It won't get better until we figure this out as a whole.

 

[WhatsHisNuts]

Governments need to run like businesses with fiscal responsibility. It won't get better until we figure this out as a whole.

Do you know of any companies that wipe out their leadership in 4 and 8 year cycles? Do you know of any companies that look for ways in decrease income when they are in the hole. It's different, a lot different. Our government is really dicked up, but you're just plain living in a dream world if you think the government is going to be run like a business. It is inherently politcal, not logical.

 

[Chadman]

Outside of the small percentage of trust fund babies, most millionaires are producers, and they provide the majority of the rest of the population with employment. I don't understand the current trend in this country to continue to push up taxes on people who are providing the opportunities.

I understand the premise of your thinking here, but I'm not sure that I agree that such a broad statement is correct. I think it fair to say that the majority of the millionaires control most of the money, and most of the companies in the U.S., but I don't think many in this day and age care as much about the people that work for these companies as they used to.

How many examples of CEO bonuses and pay increases - with absolutely no relationship to company performance and job creation/stability - do you need to see to say that many - if not most of these people really don't care about their employees as much as they do themselves. Case in point: the bank CEOs and managers that took out billions in bonuses and pay just before the bank is facing bankruptcy and shareholders are left holding tremendously lower value. You see this in so many more instances than you used to - especially at the levels they are in now.

These guys are much like the upper echelon athletes and coaches that just go from company to company, being wooed by company boards (whose board members are also out for themselves with great deals to show up and meetings and smile at the CEO's they brought in) taking personal profits and leaving the company and worker behind when things get a little tough? Quite a deal those CEO's and boards have going - and these are the people supposedly getting credit for the working man - providing them with jobs?

Kind of a leap of faith, when you use a broad brush to say these people are the ones we need to take care of and make it easier for them to keep more of their money, for the good of the worker. Heck, many aren't even looking out for their investors anymore, just themselves.

 

[dawgball]

Kind of a leap of faith, when you use a broad brush to say these people are the ones we need to take care of and make it easier for them to keep more of their money, for the good of the worker. Heck, many aren't even looking out for their investors anymore, just themselves.

I almost agree with every sentiment you wrote. But it's not talking about the same people I am.

I'll try and get the stats, but the VAST majority of our country does not work for the behemoth companies that you are referring to. Small & Mid-size businesses employ a far greater percentage of our population.

And if a small to mid-size company does not care about their employees in this day and age, they don't have much of a future.

Side note: canceling full health coverage, imo, does not necessarily mean that you don't care about your employees. Sometimes you have to make tough decisions.

I love your analogy of the big time company-hopping CEOs to the upper echelon athletes. It's a very accurate comparison.

But, to defend them (with a grimace, mind you) a little, the companies -- read board of directors -- don't give two shakes about them either. Same for 'most' sports franchises. Win me some games, sell me some jerseys, get me a championship... or your cut.

I think it's a double-edged sword and is leading to the ridiculous pay packages that are not tied to overall company performance.

There is a black CEO of a great company (can't remember name or company right now) that personally put together one of the greatest pay packages that I have seen lately. I'll post his story if I can find it. I think it's AT&T's new CEO, but I could be mistaken. Anyone know who I am referring to?