Should I spend 4+ mins of my life watching that or should I spend my time elsewhere. I trust your judgement here Cup.
No Sir! and why do you always have to be so damn disrespectful. I've never said anything you've posted was dumb, even though I may disagree with some of your positions and/or comments. On the contrary Ive supported you as a poster for a long time. Whatever. Its simple an economy of scale. Then tell me why it is dumb? I would bet Paul Allen would agree with it ether totally or somewhat. I would bet Phil Knight would also. It doesn't have to be a political thing at all? How do you think the Blazers establish tickets prices to cover cost of doing business, including wages for ALL employees, including players. Do you the Dame would agree to take the same amount to play as a role player? Of course not, he's a more valuable asset/capital and if an organization doesn't want to pay make value for a player like him, what usually happens? I live in a community where I have to pay a home owners assoc. annual fee. If I don't like it I could move elsewhere. The point is whatever we do in life there is cost of some sort tied to it, and someone has to pay for it. Im all for social assistance, but at the same time free loaders shoult'nt curse the very ones that assist. I used to have a bunch of ball team buddies that we would go fishing or out to play darts or pool. A couple guys never had the money but we all pitched in an wanted them to be a part of our group. The problem is they never would offer to pay any thing, always I'm broke, then they would show in a new truck, or go to high cost concert. It got old and they were just freeloaders always looking to work a system. Nice guys but freeloaders and we used to give them shit about it all the time. Never made a diff. How about when someone pays a good amount for a concert, so the cost of the workers and performers our paid and a profit is taken? How do you feel about that? Like Jim Carrey said "liberals should embarrass socialism and not apologize for" as he cry all the way to the back and pays an accountant to save him taxes where he can. What kind of system do you think works best? To be honest Im a believer in a flat tax.
dviss1, its not that big a deal just a formula. Id be interested in your idea of a tax system, sincerely?
It was dumb because it is an overly simplistic and not exactly realistic depiction of economics. I didn't say you were dumb, but instead was referring to your video. There was no disrespect intended to you and I apologize if you feel it was.
I believe in a progressive tax system. It's not hard. It's the same one that helped our economy become a powerhouse. Bring back the tax brackets of the 1950's.
Cup All is cool. My wife who taught elementary school for 40 years shared the video with me and stated that this type of example less the beer analogy would be could for the elementary classroom.
Thanks for your response to my question. I appreciate it! I’m not opposed to a progressive tax system as long as spending is controlled and it doesn’t finance huge government. I realize that social services andilatry need to be financed but keep it in check. I like flat tax where everyone pays the same and do away with all deductions. I would be opposed to a higher rate for a higher income whatever that would be. For everyone to pay proportion to income seems fair!
A flat tax is a harsh burden for the lower and middle classes. This is why I oppose the sales tax and the über wealthy love it. How would it affect me? I'd make out like a bandit but I wouldn't find it to be fair.
you could have a lower, pay nothing bracket similar to now and a higher bracket for very high income earners. Do away with deductions and everyone pays a proportion and I would bet the government would generate more tax revenue.
What people need to realize is that no matter how you structure the tax brackets, income tax is never going to get to “fairness” in taxing the extremely wealthy. They simply don’t make taxable income the same way that we wage slaves do. This IRS study is a bit dense on the statistics, but informative: https://www.irs.gov/pub/irs-soi/14rpoverthetopbournerosenmerkel.pdf
Instead of paying a much higher fed tax per check they would get a bunch more net per check. And there would be a lower bracket that didn't pay any as now. A flat tax imo, would do away with loop holes and bogus write offs. As an example if say income over 30000. a year paid a flat 7-9%, and incomes over 250000. pd 11-12& and incomes over 1 million 16% ect. Have it progressive. Do away with all the write offs and do away with loopholes. Charitable organizations/Foundations would still receive contributions. Just an idea.