wages up 3.2% year over year

[Nebe]

Originally Posted by Jim in CT

"The rich keep on getting richer"

How would you stop that? Would you pass a law saying that people can't add to their net worth after some point?

The wealthy have more disposable income to invest. So when the economy grows, they benefit more. That's just the math. How would you stop that?

"he GOP is doing an excellent job with the distraction game by making the poor think that the greatest threat to them is those less fortunate than themselves or people who hold different beliefs. "

Who in God's name is saying that?

Think hard Jim. You can do it. Bad hombres.

I’d heavily tax incomes over 1 million $ per year and impose a CEO pay rate cap. This would force reinvestment and higher payrolls.
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[Got Stripers]

Originally Posted by Nebe

Think hard Jim. You can do it. Bad hombres.

I’d heavily tax incomes over 1 million $ per year and impose a CEO pay rate cap. This would force reinvestment and higher payrolls.
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OMG tax the rich more, not under Trumps watch.

[Jim in CT]

Originally Posted by Nebe

Think hard Jim. You can do it. Bad hombres.

I’d heavily tax incomes over 1 million $ per year and impose a CEO pay rate cap. This would force reinvestment and higher payrolls.
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Fine. But unless you tax them at 100% or more, they will still get richer. You don't understand arithmetic. I have an IRA, Bill Gates hs a zillion dollars in the market. If the market goes up 10%, he and I each gain 10%, but his is way larger than mine. Tax him more, he still increased the gap between him and me.


4th grade arithmetic Nebe.

I'm in favor of making capital gains and dividends taxes more progressive than they are. It won't stop the rich from getting richer. You cant stop that, and no earthly reason why you'd want to.

[Nebe]

Originally Posted by Jim in CT

Fine. But unless you tax them at 100% or more, they will still get richer. You don't understand arithmetic. I have an IRA, Bill Gates hs a zillion dollars in the market. If the market goes up 10%, he and I each gain 10%, but his is way larger than mine. Tax him more, he still increased the gap between him and me.


4th grade arithmetic Nebe.

I'm in favor of making capital gains and dividends taxes more progressive than they are. It won't stop the rich from getting richer. You cant stop that, and no earthly reason why you'd want to.

Read my post again.
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[Jim in CT]

Originally Posted by Nebe

Read my post again.
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I read it.

If you can show me where in the constitution you'd have the authority to limit what a CEO can make, I'd be very interested. If the company wants to pay him and the customers are willing to pay the prices necessary, it's none of your business and it's not hurting anybody. CEO pay isn't creating poverty, not in most cases. Sure it's obscene.


I did the math. If the CEO of Walmart worked for free, and donated every cent to the US workers (forget international employees), each worker would get about $30 a year. Whoop-dee-do.

[spence]

Originally Posted by Jim in CT

Fine. But unless you tax them at 100% or more, they will still get richer. You don't understand arithmetic. I have an IRA, Bill Gates hs a zillion dollars in the market. If the market goes up 10%, he and I each gain 10%, but his is way larger than mine. Tax him more, he still increased the gap between him and me.


4th grade arithmetic Nebe.

I'm in favor of making capital gains and dividends taxes more progressive than they are. It won't stop the rich from getting richer. You cant stop that, and no earthly reason why you'd want to.

So if taxing the rich more will not prevent them from accumulating more wealth what’s the problem with generating more tax revenue to invest in things like infrastructure and education that benefit all Americans and make our country stronger?
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[Nebe]

Originally Posted by spence

So if taxing the rich more will not prevent them from accumulating more wealth what’s the problem with generating more tax revenue to invest in things like infrastructure and education that benefit all Americans and make our country stronger?
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Imagine universal healthcare for all. What’s so wrong about that?
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[Jim in CT]

Originally Posted by Nebe

Imagine universal healthcare for all. What’s so wrong about that?
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i have said
many times that we need expanded healthcare. i don’t have a clue how to pay for it. or to operate it. no clue.
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[Nebe]

Originally Posted by Jim in CT

i have said
many times that we need expanded healthcare. i don’t have a clue how to pay for it. or to operate it. no clue.
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I’m not surprised.
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[Jim in CT]

Originally Posted by spence

So if taxing the rich more will not prevent them from accumulating more wealth what’s the problem with generating more tax revenue to invest in things like infrastructure and education that benefit all Americans and make our country stronger?
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the problem is something you may have heard if, supply and demand and cost. when the cost of something goes up, the demand goes down. so at some point when you increasebtax rates, they suppress the economy to the point that tax revenue collected ( which is what matters), goes down. that’s rare i guess, but it’s happening in CT. we had a huge income tax hike, and tax revenue collected went down. that doesn’t help anybody, does it?

and i think it’s immoral to raise taxes if there’s still massive waste. cut all the fat first.
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