Author Topic: reaction to a tax cut  (Read 2717 times)

Offline Fatty

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reaction to a tax cut
« Reply #15 on: March 06, 2001, 07:13:00 PM »
Towd, ignoring the fact the deficit did grow despite the fact that tax revenue increased dramatically as a result of tax cuts (The thing to remember here is the tax cuts worked, spending went beserk.  Not the opposite.), are you seriously suggesting the economy of the 80s was worse than the inflation of the 70s?

And if not, exactly how do you quantify it as a disaster?

Offline StSanta

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reaction to a tax cut
« Reply #16 on: March 07, 2001, 12:08:00 AM »
Some of us have this idea that there are people who can afford paying more than others.

Some of us have the idea that you only need so much money, and that perhaps some of it would be better spent feeding the starving than buying a fifth car.

Some of the people with this idea actually bother to vote.

Ideally, a democratic leadership is a representation of the people. I realize that in the US because of all the special interest groups and the way the parties get money for campaigns (as well as some other things I won't go into detail with) this is rather an ideal and reality is quite far from it.

You're rewarded for success. You still get your four cars. It's not a matter of punishing you for being succesful - and anyone with 100k is better off than someone with 10k, so there's a reward.

Bash away all you want on those who think that if there's a choice between a fifth car and feeding someone hungry, he'd pick the latter. They ain't gonna go away, and with a rising income inequality, they're gonna get more numerous.

Wealth is not merely a function of skill, dedication and hard work. Claiming it is is simplistic. Likewise, lack of money is not a function of the lack of the aforementioned.

If we discuss it civilly, I'm sure we can agree where the fundamental differences are philosophically without resorting to name calling.

To me it seems like part of the difference lies with one group saying "you gotta get all you deserve" whereas the other say "you should be rewarded, but there are also other priorities".

Finding the balance seems to be what causes all the aggravation.

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Offline MrBill

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reaction to a tax cut
« Reply #17 on: March 07, 2001, 02:20:00 AM »
Philosophical differences aside there are some things that are known to be true.  

"No nation has ever taxed its way to prosperity"
    John F Kennedy

Fact) The tax and spend "Great Society" generated a entire sub-class of persons who do not know the joy and pain of earning their own way in life,
and subjected their pride of same with failed handout programs.
Opinion) We now MUST find a way to wean these folks from the government trough and get them to be productive members of our society once again.  Lets give them back the pride of doing, instead of just giving them stuff. I wish I had a easy solution that would satisfy everyone but such is not the case.

"Most people are to busy earning a living to become wealthy"
    J Paul Getty

Fact) More people are saving more of what they earn than ever before in history.  (This is in America I don't know about the other  Nations.)
Opinion) Some folks out there are learning that the government aint a sugar daddy, (some have known this all along) in fact the government isn't even nice in most cases. These enlightened folks are taking steps to become wealthy by saving, rather than spending their way into the middle class.

"You Have a choice in life, you can work from the neck down and earn a good living, or work from the neck up, and become wealthy"
    My dad  (He prolly got that from somewhere else but I don't know where)

Fact) The top 10% of earners pay 50% of all taxes.
Opinion) Next time you decide to change jobs, look for an employer who is in the bottom 75% of the wealth strata, don't sell out and work for the scummy rich folks who can pay you what your worth. (yea right)  

"When you come to a fork in the road take it"
    Yogi Berra

Fact) Yogi had it right!
Opinion) Everyone makes their own choices in life, the new Nikes for the kids, the new stereo for dad, the new dishwasher for mom, ... buzzzzzztt! Sorry wrong answer!  Stuff will never get a person anything but stuff.  This stuff might look cool the the masses but then that's why they are the masses.  The Peter Principle only works if a person lets it work.  Each individual has skills that can be exploited, not just used, but EXPLOITED. (Do you really believe that Mike "just got by" on talent alone) If A person decides for themselves that "having a Bud, watching the tube" is where it's at they will die "having a Bud, watching the tube".  

Unfortunately there is nothing that can be done to help folks that wont lift a hand to help themselves and no amount of handouts will change that. This has always been true in any society in history and it will not change.  The best we can do as caring human beings is attempt to see that they have an opportunity, we can not force them to take advantage of it.

Am I still on the right topic??

Well when I get MY $80,000 back I think I'll buy a 6th car. (righhhhttt)

 

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[This message has been edited by MrBill (edited 03-07-2001).]
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Offline Dowding

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reaction to a tax cut
« Reply #18 on: March 07, 2001, 04:59:00 AM »
Swamprat - self-serving fascists also give themselves away every time . See how idiotic sweeping generalisations cut both ways?

I was under the impression that low taxes and greater consumer spending raises inflation, which is bad for the economy. Might be wrong, but I think it's all about balance at the end of the day.

Personally, I wouldn't mind paying 100% tax if the society had negligible crime, great schools and health care institutions and a strong military with little governmental corruption. Until we have that, moderate taxes are fine by me (paying 22% here).

A truly socialistic state is an ideal to aspire to, but I don't think it will happen for a long, long time.

By the way the Chancellor of the Exchequer (GB) has just announced about £4 billion in tax cuts over here.

But then we have a general election on May 1st.  

[This message has been edited by Dowding (edited 03-07-2001).]
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Offline Eagler

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reaction to a tax cut
« Reply #19 on: March 07, 2001, 06:14:00 AM »
StSanta said;
"You're rewarded for success. You still get your four cars. It's not a matter of punishing you for being succesful - and anyone with 100k is better off than someone with 10k, so there's a reward."

Define "better off". If you mean happy - wrong! Some of the happiest people I know are also the poorest monetarily. This is the big LIE. Money does not make YOU happy. YOU make YOU happy. Not your bank account, girl friend, car, etc.. Happiness,joy and peace of mind come from within. You can have it if you live in a 30,000 sq. ft. mansion or a refrigerator box under a bridge. But most people don't see it as they are too busy rushing around trying to pay for the new car in the garage... off to work - gotta keep up with the Jones'  

Eagler  

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Offline StSanta

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reaction to a tax cut
« Reply #20 on: March 07, 2001, 08:07:00 AM »
Eagler, better off is to be understood in terms of economy, not in terms of happiness :9

I apologize for not making it clear.



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Offline Toad

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reaction to a tax cut
« Reply #21 on: March 07, 2001, 08:09:00 AM »
Santa,

Some of us have this idea that government in general is not an efficient or even adequate re-distributor of wealth.

 
If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!

Offline StSanta

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reaction to a tax cut
« Reply #22 on: March 07, 2001, 12:22:00 PM »
Toad, heh, seems they're the only one willing to do the job.  

Hell if I pay on dollar for someone other than me unless I have to. Seems to be the standard approach (and I follow that philosophy, being poor  )

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Offline Fatty

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reaction to a tax cut
« Reply #23 on: March 07, 2001, 12:52:00 PM »
Or StSanta, do you want your citizens to have the opportunity to become wealthy, ie the pursuit of happiness.  An overtaxed, sluggish economy is not the way to get there.

Offline mietla

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reaction to a tax cut
« Reply #24 on: March 07, 2001, 01:05:00 PM »
   
Quote
Originally posted by StSanta:
Some of us have this idea that there are people who can afford paying more than others.

Some of us yes, but other's do not. And yet your side is trying to push your beliefs down everybody's throat.

I reject those ideas with a passion. A loaf of bread costs the same for everybody, and so should everything else, including taxes. The "he can affort it" notion is fundamentally immoral. You want to decide what I can afford. If you accept this premise, you should legalise the theft.

"He has it, I need/want it, he can afford it, so I just stick a gun to his head and take it away."

The income tax is just that, a theft. The only difference is that instead of stealing my property yourself, you want the government to do it for you and deliver the proceeds to you. It makes you feel better (you did not steal), but in reality you are an accomplice. You are accepting stolen goods.


   
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Some of us have the idea that you only need so much money, and that perhaps some of it would be better spent feeding the starving than buying a fifth car.

This is simply not true, although it makes a nice emotional appeal. Nobody is starving in the USA. The combined welfare entitlements exceeed an earned income of many people. People actually stay on welfare, because accepting a job would lower their living standards.

   
Quote

Some of the people with this idea actually bother to vote.

Yes, and this is the biggest problem with the democracy. People have an equal vote regardless of their contribution. It's very easy to vote a tax increase if you do not pay taxes. And this is exactly what the lefties love. Create an army of people who do not pay taxes and have them vote to increase taxes on others. They (the lefties) will of course broker and manage the process and perpetuate it forever.

We used to have a slavery based on a color of the skin. White majority enslaved the black minority, and they thought it was just cool and dandy. After all, they actually "needed" slave labor.

Now we have a slavery based on achievement. A non achieving majority is enslaving achiving minority, and the justification is the same. We (the non-achievers)"need" the fruits of your (the achivers) labor, and since there is enough of us to vote, we'll just help ourselves.

   
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If we discuss it civilly, I'm sure we can agree where the fundamental differences are philosophically without resorting to name calling.

Yes, I do agree. We obviously have a fundamental difference in opinion. You see the government as a nanny and a providoer, and do not mind giving away your freedom in exchange.

I see the governement as a necessary evil. I have to tolerate and I want it to be as limited as possible (just respect the Constitution). I'm willing to take risks of life, and I'm not willing to trade my freedom for any goodie the government can promise.



[This message has been edited by mietla (edited 03-07-2001).]

Offline mietla

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reaction to a tax cut
« Reply #25 on: March 07, 2001, 02:15:00 PM »
BTW, I do believe in charity and helping others. And trust me, I'm more generous than I should be. But if I do help, it has to be on my terms. I never contribute to any funds and or organizations (except the Cancer Society). I would never give to ripoffs like United Way. If I can, I help people directly. I have to know the circumstances, and I'm am the only arbiter of whether to help, how, and what are the strings attached.

Offline StSanta

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reaction to a tax cut
« Reply #26 on: March 07, 2001, 07:19:00 PM »
Heh, let me adress it all in turn  

fatty wrote:

Or StSanta, do you want your citizens to have the opportunity to become wealthy, ie the pursuit of happiness. An overtaxed, sluggish economy is not the way to get there.

Mm, I want this opportunity, of course. Am saying that if you can afford five cars, you can afford to help the less fortunate. And five cars would mean you'd be quite wealthy. (and is meant only as an illustration of wealth).

mietla wrote:

Some of us yes, but other's do not. And yet your side is trying to push your beliefs down everybody's throat.

Hm, my side is trying through democratic means to put to life politics according to our philosophical beliefs. We're not ramming anything down your throat. Or rather, no more than you do. The democratic process is open for all eligible voters.

I reject those ideas with a passion. A loaf of bread costs the same for everybody, and so should everything else, including taxes. The "he can affort it" notion is fundamentally immoral. You want to decide what I can afford. If you accept this premise, you should legalise the theft.

While a loaf of bread might cost the same in terms of cash money, it's the percentage of available income that's interesting. For some, a loaf of bread is .5% of their monthly income. For others, it's .00005%. I do not see the "he can afford it" approach as immoral. I see it as immoral for a society to let a good deal of their citizens starve while a selected few live a life of utter and total luxury. Removing perhaps one bottle of champagne to feed 10 people a day doesn't seem very immoral to me. Your mileage may vary. I do not see tax as fundamentally being theft. Perhaps we differ here.

"He has it, I need/want it, he can afford it, so I just stick a gun to his head and take it away."

A rather simplistic and erroneous representation of the problem of poverty. I get your point, but in this case I do not think it's valid.

The income tax is just that, a theft. The only difference is that instead of stealing my property yourself, you want the government to do it for you and deliver the proceeds to you. It makes you feel better (you did not steal), but in reality you are an accomplice. You are accepting stolen goods.

Everyone pays taxes. it's a shared responsibility and there is some form of need for organisation if a country wants to be able to defend itself and prosper. The amount of this can be discussed, and how it is to be done can also be discussed, but the need is there and that is unquestionable.
This is simply not true, although it makes a nice emotional appeal. Nobody is starving in the USA. The combined welfare entitlements exceeed an earned income of many people. People actually stay on welfare, because accepting a job would lower their living standards.

Hm, welfare state in the US must be better than in Denmark. In Dk, you'd get around 6000 DKK a month, and you'd have to pay taxes for that, assuming you're single. And the government is then entitled to find different forms of activation projects for you.

Compare that to the average salary of some 20-21k a month and you'll see it is substantially lower. While there are instances as you describe, they're few and far between, at least here.

Yes, and this is the biggest problem with the democracy. People have an equal vote regardless of their contribution.

You want a first class, second class, third class system? We abandonded the class system here some time ago, and I see it as a good thing. A fundamental value in the US and here is that we're equal in value (even if not in capabilities). You're suggesting this is bad?
         
It's very easy to vote a tax increase if you do not pay taxes. And this is exactly what the lefties love. Create an army of people who do not pay taxes and have them vote to increase taxes on others. They (the lefties) will of course broker and manage the process and perpetuate it forever.

I am sure people enjoy being poor so they can exercise their tiny little vote and then sit in a tralier and laugh at rich republicans/democrats. Argument is a bit far fetched, I think, and out of touch with reality. Sounds more like an angry protest against those who ARE lazy, but putting all poor people under this category.

<snip achievement bit to save space>

Achievement is still rewarded. I know of plenty of rich Americans. Hell, even in Dk with our tax system, achievement is rewarded. Big time.

Yes, I do agree. We obviously have a fundamental difference in opinion. You see the government as a nanny and a providoer, and do not mind giving away your freedom in exchange.

Thanks you for putting words in my mouth. If you think this is my position, you're wrong. had you known me, you'd know I'm anti big time state and bring myself in quite a few situations where Nanny State or anyone else for that matter might help me, where total self reliance is the key to survival. Perhaps these assumptions are better placed elsewhere.

I see the governement as a necessary evil. I have to tolerate and I want it to be as limited as possible (just respect the Constitution). I'm willing to take risks of life, and I'm not willing to trade my freedom for any goodie the government can promise.

We're in complete agreement here.



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Offline mietla

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reaction to a tax cut
« Reply #27 on: March 07, 2001, 08:51:00 PM »
 
Quote
Originally posted by StSanta:
Hm, my side is trying through democratic means to put to life politics according to our philosophical beliefs. We're not ramming anything down your throat. Or rather, no more than you do.

Oh yes you do (ram your values ...). Here is the difference. In order to have a system the way I want it, I do not need anything from you. My achievements and wealth does not depend on you or anyone else. I eat what I earn. As a matter of fact, your existence is not even necessary for me to accomplish my goals.

You, on the other hand, need achievers to exists. After all, if the achievers decide to stop achieving, you'll starve. You need an entire class of people to produce, and a represive government to redistribute their property.

 
Quote
While a loaf of bread might cost the same in terms of cash money, it's the percentage of available income that's interesting. For some, a loaf of bread is .5% of their monthly income. For others, it's .00005%.

precisely, and should remain this way. The disparity of income is an incentive for everybody to better themselves, learn new things all the time and take risks. If you say that everybody should pay for goods with the percentage of their income, you've just eliminated the notion of wages. I does not matter how much money you make (and therefore how hard you work). Everybody gets exactly the same amount of goods. Communism at last.

But then again, why would I even bother to work?  My standard of living does not depend on my effort and accomplishment anymore.

 
Quote

I do not see the "he can afford it" approach as immoral.

How so? How is taking someone's property in a form of an income tax different from taking the same propery in a form of a armed robery?

In both cases the property is taken involuntarily under a threat. The only difference is the perpetrator.

I have absolutely no problem with all the people of your convictions organizing a valuntary tax system, where you guys can pay as much (or as little) "taxes" as you want, and distribute them according to your wishes. All I ask is the right to opt out.

But this wouldn't fly, would it? You need two things, a mandatory participation and a repression to enforce it.

 
Quote

I see it as immoral for a society to let a good deal of their citizens starve while a selected few live a life of utter and total luxury.

yes, I agree that this is a moral issue, and as such every one of us should consult our concience and help other in a form we see fit.

 
Quote
I do not see tax as fundamentally being theft.

Again, how can yo say that? please elaborate. What do you think gives you the right to take othe people's property. So far, you have used a very weak (in my estimation) rationale:

"He has more than I do, I want it, he should cough it up"

This is almost exactly the rationale of a thief. The only difference is that you limit a pool of victims to those who (in your view) have more that you do.

In other words, it is ok to steal as long as the victim is wealthier that a thief.

 
Quote

"He has it, I need/want it, he can afford it, so I just stick a gun to his head and take it away."

A rather simplistic and erroneous representation of the problem of poverty. I get your point, but in this case I do not think it's valid.

what I said has nothing to do with poverty. As a matter of fact there is no such thing as poverty. A single welfare mother with seven kids in US, lives like a queen compared to hard working people in other places.

Please justify why what I said is simplistic and/or erroneous.


 
Quote

Everyone pays taxes.

not true. Poor people in US not only do not pay any taxes to speak of, they actually get a tax "credit" and a ton of goodies from me (courtesy of the liberal government).

 
Quote

it's a shared responsibility and there is some form of need for organisation if a country wants to be able to defend itself and prosper. The amount of this can be discussed, and how it is to be done can also be discussed, but the need is there and that is unquestionable.

yes, and this is exactly why I object to the progressive tax system.
 
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...Compare that to the average salary ...

I know nothing about welfare and/or wages in Dk, so I'll punt on that.

 
Quote

You want a first class, second class, third class system? We abandonded the class system here some time ago, and I see it as a good thing.

no, I want a continuum of wealth based on merit. Everybody is trying to climb up, at some point in time you reach your value to the society level. If all you can do is to dig a ditch, you'll be rewarded accordingly. If you want more, you'll have to better yourself. As a ditch digger you can't expect an income of the engineer. But, you can always become one. Go to school (if you chose to waste your youth and pissed away your opportunity to learn when everybody else did), get new skills, and climb the ladder.

 
Quote

A fundamental value in the US and here is that we're equal in value (even if not in capabilities).

absolutely wrong!! where did you get it? We are equal before the law, that's it. In addition our Constitution guarantees out right to pursue the happiness. That's all: a "right to pursue" not the "guaratee of achieving" of happiness (as the lefties would like to interpret it).

It is utterly untrue that all people are equally valueble to a society. We have equal rights (I'll leave Clinton out of it  ) as confirmed by the Constitution, but we are not equal. Never were, never will.

 
Quote

You're suggesting this is bad?

yes, I do. As a matter of fact the US government is usurping the power to do just that, an utopian idea of equalising all the people. They do it by re-distribution of wealth, by draggin down the achievers (whether in school or in a work place) and feeding the non-achivers with a false sense of self-confidence. The schools do not grade anymore, so the ignorant don't "feel" bad. The accomplishment is punished, and failure awarded.


 
Quote

Argument is a bit far fetched, I think, and out of touch with reality.

out of reality? Trust me every buck that I pay in taxes is real.

 
Quote

..you'd know I'm anti big time state ...

Oh yeah? how do you propose to collect your confiscatory taxes? You need a omnipotent and represive government to accomplish that.


Offline Fatty

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reaction to a tax cut
« Reply #28 on: March 07, 2001, 09:18:00 PM »
 
Quote
Mm, I want this opportunity, of course. Am saying that if you can afford five cars, you can afford to help the less fortunate. And five cars would mean you'd be quite wealthy. (and is meant only as an illustration of wealth).

If you can afford 5 cars, you bought the government 4.  If you take into account redundancies in sales, state, and other taxes, you bought the government 6 or 7.  If you die, they get several more.

Well over 20% of our GNP goes to the government.  This does not create jobs, in fact it eliminates them and creates the very class gap the taxes were supposed to be correcting as jobs go overseas, creating the need for more programs for the unemployed, and in turn more taxes, making the economy even more inefficient, and so on.  Ask the unemployed factory workers of any major industry.

Taxes are bad for the economy, and bad for the nation.  No one here is arguing that they are not neccesary, but that they should be levied reluctantly, out of absolute necessity to keep the government operational, not an endless source of free funds.

Offline mietla

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reaction to a tax cut
« Reply #29 on: March 07, 2001, 10:20:00 PM »
Think of it this way.

More than a half of my paycheck is taken away from me in a form af taxes. This means that somewhere out there, there is a family just like mine. Thay have as nice a house as I do, and as many cars as I do. Their children go to private schools just as mine do. Every time I get myself a bottle of Scotch, so do they. In short, they are a clone of my family, but guess what the difference is... They do not work, never had, never will. They just stay home all day long, enjoy my house, my cars and my Scotch and wait for the half of my paycheck to be delivered by the government every month.

I fact, I'm supporting two families, not one   .

Now, how "moral" is that?


[This message has been edited by mietla (edited 03-07-2001).]