Time for you armchair economists to spin, again

[Torvald Von Mansee]

http://www.slate.com/id/2268872/

[Ducimus]

Oh, this should be good.

As to the article,
I don't BS myself. I am poor. I make half of what my parents made at my age. I acknowledge that i will never own a house, My education has amounted to nothing, my Cost of living goes up, my pay stays the same, I get no bonuses (though i am promised them, i never see them) and all the while corporate executives get fat bonuses, fly around the world on the companies dime, "3rd party" jobs or flat out cut positions. The class divide is VERY noticeable IMO.

I am not a happy camper. At this point, i am grateful i have a job at all. I have no illusions of upward mobility, pay raises or promotions. They are not there, they do not exist. Things need to change, but at least i'm not living in a card board box just yet.


I find the notion of a class war intriguing, and would like to subscribe to the newsletter.

[SteamWake]

Noah is a graduate of Harvard University, from which he graduated cum laude in 1980 and where he was an editor of the Harvard Advocate. He lives in Washington, DC.

I Thought I had heard of this guy before.

Today, the richest 1 percent account for 24 percent of the nation's income,

and a much MUCH greater percentage of taxes.

[Torvald Von Mansee]

Originally Posted by SteamWake

and a much MUCH greater percentage of taxes.

I take it, than, you are in the top 1%? After all, why would YOU object, otherwise, to better government services for YOU if YOU'RE not the one paying for it? Of course not!! That would be stupid!! Especially since trickle down seems to be pretty much debunked.

Also:

[Sailor Steve]

And you talk about spin! Could you possibly address his point, which is that the rich already pay the lion's share of all taxes paid?

And your comment about government services? How about this: Why don't you tax everyone 100%, and then give all of us what you think we need? Try that and you'll see a real class war.

[Ducimus]

Originally Posted by Sailor Steve

And you talk about spin! Could you possibly address his point, which is that the rich already pay the lion's share of all taxes paid?

I am moved to but a single tear... an alligator tear.

[SteamWake]

Originally Posted by Torvald Von Mansee

I take it, than, you are in the top 1%? After all, why would YOU object, otherwise, to better government services for YOU if YOU'RE not the one paying for it? Of course not!! That would be stupid!! Especially since trickle down seems to be pretty much debunked.

Also:

Who said I objected, I just pointe out an oft ignored fact.

To me this is article just another egghead smarter than everyone in the room spouting off his opinions.

But enjoy your class warfare and talking points.

I think your title is wrong. "Time for you armchair economists to spin, again' What you meant was, "Time for you armchair Communists to spin, again"

[gimpy117]

Originally Posted by SteamWake

I Thought I had heard of this guy before.



and a much MUCH greater percentage of taxes.

the top one percent hold 23.5% of the wealth, so complaining about paying 25% is like going to the ER for a paper cut.

[SteamWake]

Originally Posted by gimpy117

the top one percent hold 23.5% of the wealth, so complaining about paying 25% is like going to the ER for a paper cut.

Its more like 40% and again who said I was complaining?

http://www.ntu.org/tax-basics/who-pa...ome-taxes.html

[Zachstar]

I will say this. I would not mind losing most of my Tax rebate if it was guarnteed to go into gov purchases of solar and wind power along with Algae fuel.

To an extent the gov does this the military is buying a heap of fuel to test its effectiveness in case of national emergency. And more facilities are using solar assistance these days.

Hell I would not mind that AND a huge tax cut for the rich. Tho ONLY if NAFTA is repealed and ALL Tax cuts are removed for companies that outsource more than 100 jobs. (That means anyone being paid anywhere other than through US payroll tax system)