Tax the rich? 14 Facts you may want to consider first.

[em2nought]

Middle class should just bail, convert to precious metals, and become expats. It's what I'm thinking of doing.

[Armistead]

Actually the article has much truth to it. It's never been about taxes, but we've cut the corporate tax rate way down since Reagan why at the same time increasing shelters and loopholes. Still, they make most of their money by buying regulation, to move all our jobs across seas where little regulation to protect workers apply.

They'll never fix regulation, loopholes and shelters. Those are gimmes from politicians. You could raise taxes double and they would still pay little. Sure, they pay a good chunk of personal income, but that's drops in the bucket to corporate taxes resulting in huge incomes.

In a global economy corporations will seek to balance the field. Simply, they want the average American worker to cost the same as who they pay in China, with no benefits or regulation. When we had true capitalism with no regulation we were basically a two class society. Americans fought for almost 100 years to get away from this, corporations today will and have undone that. Now again a few percent will hold all the wealth.

[Armistead]

Some big myths, your average american pays plenty taxes when you total them, gas tax, sales tax, property tax, tax on about any service or item you buy or use.

The issue with corporations is regulation and trade laws, if we taxed the crap out of the stuff they make that comes from China, you would see small business be able to compete, that would force them to bring jobs home. I agree, give breaks to those that create jobs here.

As millions of jobs are shipped overseas, that leaves millions here without jobs that seek entitlements.

The government didn't just pay SS, unemployment, Medicare, most pay into those systems for year. No doubt cost are going up, so people should start paying more into medicare.

Why we have a high base corporate tax rate, they're able to use shelters and loopholes, in the end we pay the lowest rate with you take that into account.

The goal is never to let the right hand know what the left hand is doing.

We built the strongest middle class in the world when we had a high tax rate, fair trade law and correct regulation. One can see that getting a way to that has ruined this nation.

The biggest issue of course is spending...maybe when we finish rebuilding other nations spending trillions, will look at our own roads, etc.

[CaptainMattJ.]

well, we sure as hell need to close all loopholes and start investing heaviest in bettering conditions for small buisness owners and middle class alike.

And allow people to compete. Asia and other sources are mass producing products for nothing. Big industry meets the supply three times over. Farmers are literally slaves to the three main food companies. To get their paycheck from the companies, they must play by their rules. They make them pay for completely unnecessary upgrades to facilities, which are ungodly expensive, and hold the debt over their shoulders to keep them from getting away.

Invest in industry HERE, not in china. Invest in small buisnesses, NOT in the top guns. no more handouts, no more loopholes for the ultra-rich. No more impossible competition. No more illegals doing the dirty work. no more wars costing trillions. No more heavy investing in foreign aid. No more jerkoffs making imbecilic decisions for their own personal gain.

and thats just to name a few. frankly, with this big of an operation, with this parasite system of Corporations and politicians working in unison to stuff their own god damned wallets while strangling the working man, theres no other choice. We cant root this one out. We cant expect changing the people in the government will do anything. we need to completely change the system. and come down on these bastards with Unyeilding ungodly rath.

Small buisness needs a system that can give THEM a chance to breath. something that allows them to be able to survive. so that the working man can live decently on the wage he works his ass off for.

My father makes about 1.5 or 2 million per year.

Does he?

How do we owe the banks 800 grand?

Borrowed it perhaps?

He's putting money out of his own pocket into the businesses to keep them floating when the weather is bad

His own money, the companies money or the banks money?
Or all three?

That's how it is with a lot of businesses in my area.

That is how it is with business.

The owners are shoving their personal money into their businesses.

That is what an owner does, you put money in and if all goes well you take money out. Though he could go to a bank for a loan or try and get investors who will put money in with the aim of taking money out.

Now, one of our main problems is property tax.

Has property tax suddenly changed in a massive way or is that an expense the business should be planned to accomodate from day 1. After all your business revenue isn't counted till your liabilities have been covered.

Statement to be made here...

Yes, the statement questions if you know how a business works?

[Anthony W.]

Originally Posted by Tribesman

Does he?

Borrowed it perhaps?

His own money, the companies money or the banks money?
Or all three?

That is how it is with business.

That is what an owner does, you put money in and if all goes well you take money out. Though he could go to a bank for a loan or try and get investors who will put money in with the aim of taking money out.

Has property tax suddenly changed in a massive way or is that an expense the business should be planned to accomodate from day 1. After all your business revenue isn't counted till your liabilities have been covered.

Yes, the statement questions if you know how a business works?

How bout this? Go **** yourself. You have no god damn place in my statement.

Can someone please explain to me how the block feature works on this forum?

[HunterICX]

Let me pull a Steve on you Anthony W

from the FAQ:

Please use language that you would use around your mother. No vulgarities, obscenities, hate speech, or foul language. Do not use *******ing w*rds with aster*cks, that's the same thing as vulgar language.

So watch that language will ya?

and as for the Ingore list

http://www.subsim.com/radioroom/faq....ublesome_users

HunterICX