Yea, Unions, this will help public opinion to be on your side.....

[Mags]

Why is it that every insurance agent i have ever met was a complete asshole? All rightwing asshats that parrot everything shoveled to them cause they don't have a mind of their own. You got a guy YYZ fighting to keep his job and a shitbag like u is gloating like somehow this money is gonna go back to the taxpayer :mj07: Oh i forgot Agent i think is an insurance agent. I guess 1 out of a hundred is not that bad. Let me know when u get this big tax break because of these decisions by this dirtbag in Wisky. I willing to bet u won't get shit. It is just like in Kansas where they had tort reform and not one penny went back to the customer and instead right back in the pocket of the insurance industry that cried and cried about tort reform.

Love Sponge:

You are such an idiot (ok, I'm pointing out the obvious).

YYZ, and any other state employee, has a much better chance of keeping their job now that the legislation passed. If it hadn't, many employees would have been laid off - now it is not necessary. Another reason why this is good for Wisconsin.

But given that you just spout your mouth, with no idea of what the bill is about is pretty typical and shows your stupidity.

Oh yea - Insurance Agent? Can't help you there - never been one, and never want to be one.

Now, what union job do you hold? Or are you one of the guys who stays in college for 15 years because they are afraid of working in the real world....:mj07:

 

[The Sponge]

Maggot let me help ya here. You really are not that bright. I know u think u are but u are the typical nitwit who gets played by a bunch of con artist because u don't know any better. It is okay tho. There are a lot of guys like u out there. I bet u are one of those weak kids who got their job thru their family and the family put u in positions were u create the least amount of damage. Unfortunately the people under u have to pay for ur incompetence. :0074

 

[ssd]

The 4 "r"'s of taxation:
Taxation has four main purposes or effects: Revenue, Redistribution, Repricing, and Representation. Look at #2.

1. The main purpose is revenue: taxes raise money to spend on armies, roads, schools and hospitals, and on more indirect government functions like market regulation or legal systems.
2. A second is redistribution. Normally, this means transferring wealth from the richer sections of society to poorer sections.
3. A third purpose of taxation is repricing. Taxes are levied to address externalities; for example, tobacco is taxed to discourage smoking, and a carbon tax discourages use of carbon-based fuels.
4. A fourth, consequential effect of taxation in its historical setting has been representation. The American revolutionary slogan "no taxation without representation" implied this: rulers tax citizens, and citizens demand accountability from their rulers as the other part of this bargain. Studies have shown that direct taxation (such as income taxes) generates the greatest degree of accountability and better governance, while indirect taxation tends to have smaller effects.

#2 - There are opposing views to this "r"
a. Because payment of tax is compulsory and enforced by the legal system, some political philosophies view taxation as theft......

b. taxes are justified as they fund activities that are necessary and beneficial to society. Additionally, progressive taxation can be used to reduce economic inequality in a society. According to this view, taxation in modern nation-states benefit the majority of the population and social development.

Mags is in the "a" camp
StevieD and Sponge are in the "b" camp


Sponge - the fix for the debt cycle the world is currently in - is going to be very painful -
For the past 30 years, Americans have artificially maintained their standard of living using CREDIT.
This is true of the people and the local, state and federal government. I firmly believe that it is all coming home to roost - not only here but across the globe. Look at the unrest in the Middle East and North Africa as well as the happenings in Greece and Ireland and Portugal and Spain - take a look at the interest rates those gov't are being forced to pay to sell their debt - NO ONE WANTS IT because they do not think that they will be repaid. If they can not sell their 3 or 5 or 30 years bonds, they will not have money to finance gov't operations or gov't programs - that is when you will see populist uprisings like what is occurring in the MEast.

Pay down debt. Learn how to garden. Have a group of like-minded individuals who you can count on and rely on -

 

[Mags]

The 4 "r"'s of taxation:
Taxation has four main purposes or effects: Revenue, Redistribution, Repricing, and Representation. Look at #2.

1. The main purpose is revenue: taxes raise money to spend on armies, roads, schools and hospitals, and on more indirect government functions like market regulation or legal systems.
2. A second is redistribution. Normally, this means transferring wealth from the richer sections of society to poorer sections.
3. A third purpose of taxation is repricing. Taxes are levied to address externalities; for example, tobacco is taxed to discourage smoking, and a carbon tax discourages use of carbon-based fuels.
4. A fourth, consequential effect of taxation in its historical setting has been representation. The American revolutionary slogan "no taxation without representation" implied this: rulers tax citizens, and citizens demand accountability from their rulers as the other part of this bargain. Studies have shown that direct taxation (such as income taxes) generates the greatest degree of accountability and better governance, while indirect taxation tends to have smaller effects.

#2 - There are opposing views to this "r"
a. Because payment of tax is compulsory and enforced by the legal system, some political philosophies view taxation as theft......

b. taxes are justified as they fund activities that are necessary and beneficial to society. Additionally, progressive taxation can be used to reduce economic inequality in a society. According to this view, taxation in modern nation-states benefit the majority of the population and social development.

Mags is in the "a" camp
StevieD and Sponge are in the "b" camp


Sponge - the fix for the debt cycle the world is currently in - is going to be very painful -
For the past 30 years, Americans have artificially maintained their standard of living using CREDIT.
This is true of the people and the local, state and federal government. I firmly believe that it is all coming home to roost - not only here but across the globe. Look at the unrest in the Middle East and North Africa as well as the happenings in Greece and Ireland and Portugal and Spain - take a look at the interest rates those gov't are being forced to pay to sell their debt - NO ONE WANTS IT because they do not think that they will be repaid. If they can not sell their 3 or 5 or 30 years bonds, they will not have money to finance gov't operations or gov't programs - that is when you will see populist uprisings like what is occurring in the MEast.

Pay down debt. Learn how to garden. Have a group of like-minded individuals who you can count on and rely on -

For the record, I don't choose 2a or 2b..... I don't see it as theft, unless a large portion of individuals are exempt from it. Right now, 47% of our citizens are exempt. That ain't right.

 

[StevieD]

For the record, I don't choose 2a or 2b..... I don't see it as theft, unless a large portion of individuals are exempt from it. Right now, 47% of our citizens are exempt. That ain't right.

How about a guy gets a multimillion dollar bonus and buys a huge multimillion dollar mansion and put a huge mortgage on it and gets to deduct the mortgage while mansion appreciates and is worth double what he paid for it in 5 or 6 years.
All you hear is bitching and moaning about the cap gain tax he may have to pay but you don't hear a word about all the deductions he took for the mortgage.

 

[Mags]

How about a guy gets a multimillion dollar bonus and buys a huge multimillion dollar mansion and put a huge mortgage on it and gets to deduct the mortgage while mansion appreciates and is worth double what he paid for it in 5 or 6 years.
All you hear is bitching and moaning about the cap gain tax he may have to pay but you don't hear a word about all the deductions he took for the mortgage.

Actually, StevieD, I believe mortage deductions are limited to $1M of outstanding mortgage. So, in your example, if he had a $4M mortgage, $3M of the mortgage's interest would not be tax deductible.

I'm not saying that $1M is the right number to set as theshold - but I am pointing out that there are limits there that you are not aware of......

 

[StevieD]

Actually, StevieD, I believe mortage deductions are limited to $1M of outstanding mortgage. So, in your example, if he had a $4M mortgage, $3M of the mortgage's interest would not be tax deductible.

I'm not saying that $1M is the right number to set as theshold - but I am pointing out that there are limits there that you are not aware of......

You may be right but you can bet they take the max and still make a profit on the house. All of this puts extra burden on the middle class. The point is they make a profit while getting a tax break.

 

[ssd]

Perhaps in the past but not now.
Real estate - even high end is way down since the peak in 2007.
And I do not think we have bottomed on it yet.

 

[Mags]

You may be right but you can bet they take the max and still make a profit on the house. All of this puts extra burden on the middle class. The point is they make a profit while getting a tax break.

Why shouldn't they get a tax break on the mortgage interest? Why shouldn't they make a profit?

Geez, are you from the Obama school that profit is a bad word?

Remember those guys you are picking on support our country and pay the vast majority of the taxes - so the other 47% don't have to.

 

[StevieD]

Why shouldn't they get a tax break on the mortgage interest? Why shouldn't they make a profit?

Geez, are you from the Obama school that profit is a bad word?

Remember those guys you are picking on support our country and pay the vast majority of the taxes - so the other 47% don't have to.

If you read my posts you would see I have no use for Obama and put him in the same bucket as Bush. By the way, how much has Obama raised the taxes on the rich?

They control the majority of the money but they pay less of a percentage than the amount they control. So your point is wrong.

Now, how is that they can make a profit while getting a tax break at the same time. Something seems immoral there. That would be like a guy going on unemployment and 6 months later be in a better position than he was when he got on it.

I bet you would find all kinds of fault with that but not for the rich guy getting richer at the expense of the middle class who has to make up, with thire taxes, for every deduction the fat cat gets.

You see, I want lower taxes too. But for the middle class, where it would do good. Not for the wealthy where it sits and rots.

 

[Chadman]

Based on the text above, I can only assume that this person is a product of our fine WI school system......

Why? Can't wait to see the extended logic in this drive-by comment.

But it does show the class of the liberals/unions/democratic party, doesn't it???

No, it doesn't. It shows a radically and felonious attempt at scaring another person, which is being done by unstable and disturbed people that should be put away for however long it takes to keep them out of civilized society. Don't know many people that would draw the analogy you are - strictly for political gain, nothing more. There are bad people in every walk of life. This is not reflective of the groups you describe, just some individuals with no sense of reality.

 

[yyz]

Why? Can't wait to see the extended logic in this drive-by comment.



No, it doesn't. It shows a radically and felonious attempt at scaring another person, which is being done by unstable and disturbed people that should be put away for however long it takes to keep them out of civilized society. Don't know many people that would draw the analogy you are - strictly for political gain, nothing more. There are bad people in every walk of life. This is not reflective of the groups you describe, just some individuals with no sense of reality.

You should listen to the Milwaukee talk radio stations........

I'm gonna tell you what. We are a few short steps from reading about some knock-down fights over people running their lips at these workers.

 

[Duff Miver]

Why? Can't wait to see the extended logic in this drive-by comment.

You never get an answer to that question from Maggot.