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Romney Fundraiser - Secret Taping

And this is the part where the left-wingers also say that you 1%ers wouldn't be able to last a ****ing DAY if the tables were turned, and perhaps YOU are the 26 year old fleeing with your wife and two children to America.

I think you misunderstand the motivation & drive behind the super successful. Maybe they wouldn't succeed under the most trying circumstances inside a corrupt political regime, but they don't really have that to deal with north of the Mexican border.

You get here, and you realize that a) your Education doesn't transfer over, b) you can't go back to school, because you have no financial support, c) your kids will only be able to go to school if it means that you work 18 hours a day, 6 times a week for deca...
Believe me when I tell you that I myself, living in a province with 3 million people, with only a MEAGER handful of scholarships being dealt out (i was never offered a full-one, though I received some partials), would probably not be able to go to College if it weren't for the taxes that my country paid, or this 'net' that my country has used to help me succeed. And what a shame it would be, seeing as I damn-near was the Valedictorian of my High School graduating class.

A lot of immigrants to NYC have built their businesses from the ground up. That goes for all walks of life, and even more so for the Jews, who do it every damn place they migrate to. Jewish success has been linked to cultural support, which obviously isn't equal across migrant classes. Still, at the end of the day, starting a business & working your *** off is the real first stepping stone. Using that success to pay for college & see family members climb the Wall Street ladder comes after.

How much Protestant work ethic should they show to be worthy of help? How much should they promise to repay the debt that we'll so nicely give to them?

110% if able.
I think an implied contract of bettering ourselves & getting off the dole is a good enough promise.

Michelle Obama isn't running for anything. And if a statement like that turned you off enough for you not to vote for her husband, I don't have a problem with that. But stating a opinion about your own personal feelings growing up is not remotely the same as writing off half the country that you are trying to become the president of.

I don't see how the first lady writing off the entire country is much different as a candidate privately discussing campaign strategy that essentially demonizes half.

While I actually agree with Romney to a certain extent, I don't think all 47% of democrats are dependent on the government. Obviously he was swept up in the moment and made a dumb remark, but I will say this, I would pay more credence to Romney's economic stances if he were self-made. It's almost become a cliche' parable that rich people beget rich people. I really don't think talent is totally genetic, things like diligence, patience, and luck play into it, but despite this, wealth does seem to be generationally contiguous. I do think that wealth in many cases has become a closed system for certain families despite the outcry for a merit-based society.

I always enjoy your input on how the rich children you educate think & operate differently than the masses. I don't think recent class mobility studies fully support your thesis though. The wealthy might beget children who do okay for themselves, but they can also be prone to blowing daddy's money over time, which is an excellent redistributive mechanism.

A few ultra-wealthy US families have been the exception to this, & I want to inheritance tax the hell out of them.
 
And this is the part where the left-wingers also say that you 1%ers wouldn't be able to last a ****ing DAY if the tables were turned, and perhaps YOU are the 26 year old fleeing with your wife and two children to America. You get here, and you realize that a) your Education doesn't transfer over, b) you can't go back to school, because you have no financial support, c) your kids will only be able to go to school if it means that you work 18 hours a day, 6 times a week for decades, meaning you won't even have the time to properly parent them, and find out that by the time your son turns 18, he has dropped out of school and found solace in a gang, because their parents were too busy trying to be "productive citizens" by barely scraping by, trying to make whatever money they can in the absolute most difficult of circumstances, while not having the time to take care of their children in the process.

I grew up poor as **** and worked harder during the summer than many grown ups, so you'll have to excuse me for saying boo freaking hoo.

One summer I mowed 10 lawns once a week with a push mower plus my parents twice--many were 1/2 acre. I also had a paper route that took about 1.5 hours every single day, worked in a local orchard for $2/hour, and spent many Saturdays cutting wood to keep warm in the winter. The cars broke down a lot & my father needed help fixing them. We worked a lot.

I don't look back on that and wish I had it any other way. Sure, it would have been nice to value education higher than I did but the value my family placed on hard work has payed off just as much if not more so.
 
I'll bet about as high a % of those leaning Republican as Democrat don't pay any Federal Income taxes, which makes Romney a liar. show us those tax returns Mitt!
 
I'll bet about as high a % of those leaning Republican as Democrat don't pay any Federal Income taxes, which makes Romney a liar. show us those tax returns Mitt!

Thank God you came along when you did. I think that dead horse was about to move. Good looking out.
 
I'll bet about as high a % of those leaning Republican as Democrat don't pay any Federal Income taxes, which makes Romney a liar. show us those tax returns Mitt!

Top 10 states by % of people that pay no income tax:

New Mexico
Louisiana
Texas
Arkansas
Georgia
Mississippi
Florida
South Carolina
Idaho
Alabama

Throw out Florida which is probably because of their large number of old folks then you're left with 6 states dead red and 3 purple (New Mexico, Louisiana and arguably, Arkansas). Not a blue state in the bunch.
 
State of Utah= HUGE ATM MACHINE for Romney's campaign.

And btw, I'm still waiting for someone to answer my questions on trickle down economics. If we can't find examples on how they've worked or are working, then we should probably stop framing our whole tax structure around it. Like fast too, before the middle-class disappears completely.


You are not getting an answer because:

1. You have made a claim based on the logic that "you can't prove a negative." I can easily say, "the middle class would be much worse off if it were not for trickle down economics." It is the same as "I brush my teeth and floss every day, yet I still had two cavities, therefore I am not going to brush and floss everyday." I could easily say, "If i did not brush and floss my teeth everyday, I would have had 4 cavities instead of two."

2. There is some debate as to if the middle class is actually disappearing, when this supposed disappearing actually began, and what are the root causes of it. Although your assertion that trickle down economics is the root cause, this is a non-starter at worse and a bastardization of correlation does not equal causation at best. Education, decline of two household parents, globalization, movement of individuals between the classes, etc are all contributing factors. Given the complex nature of global economics the statistical chances of just tax rates being the sole cause of the decline of the middle class is virtually next to zero.

3. Your theory is based on several false assumptions that nobody wants to admit:

First, the general mantra is that the "income" gains have largely flowed to the 1% in lieu of the 99%. While the income gains have flowed to the 1%, most of this income is the result of compensation not available to and not at the expense of the workers. Nearly all CEO compensation comes at the expense of shareholders, not company underlings. Berkshire Hathaway is a perfect example. Buffett pays himself next to nothing, yet his employees are no better paid than anybody else. Private companies can do what they want. Let's use a private business example. If the Utah Jazz cut player payroll in half, they are not going to float the player salary differences down to the lower level employees. That is not the way business works and not the way business will ever work.

Secondly, and most importantly, you don't recreate the middle class by compressing down the upper class. Yet, this is exactly what the left proposes. What you and virtually all others that are up in arms over the 1% fail to ARTICULATE IS A STRATEGY by which that even if you raised marginal rates on the 1% to WHATEVER rate you like, you are not going to improve the middle class. WHY? Because you are funneling all tax receipts to a third party...the US Treasury and the whims of Congress. THE ONLY way to directly improve the middle class via this route is set up a mechanism by which all tax revenues collected above and beyond earmarked for the treasury as a normal course of business be directly divided up between all middle class and lower class families.

You don't feed a starving man by making the rich guy on the hill cut his dinner steak in half and throw it away. By raising tax rates, sending it to the treasury you are doing the same thing. Sure, you can make a case for collecting x amount of tax revenues from the 1% and launching some massive stimulus program...fine, but if you believe, Congress will do it effectively, efficiently, fairly, and timely, than you are dreaming. Sorry, but taking x amount of dollars from the private sector and leaking a large part of that into the heavens so you and others can feel good is worse than knowing the 1% is sitting poolside eating caviar. The problem with Keynes economics is the same problem with Austrian economics, great in theory, but impossible to implement by humans.
 
And this is the part where the left-wingers also say that you 1%ers wouldn't be able to last a ****ing DAY if the tables were turned, and perhaps YOU are the 26 year old fleeing with your wife and two children to America. You get here, and you realize that a) your Education doesn't transfer over, b) you can't go back to school, because you have no financial support, c) your kids will only be able to go to school if it means that you work 18 hours a day, 6 times a week for decades, meaning you won't even have the time to properly parent them, and find out that by the time your son turns 18, he has dropped out of school and found solace in a gang, because their parents were too busy trying to be "productive citizens" by barely scraping by, trying to make whatever money they can in the absolute most difficult of circumstances, while not having the time to take care of their children in the process.

Believe me when I tell you that I myself, living in a province with 3 million people, with only a MEAGER handful of scholarships being dealt out (i was never offered a full-one, though I received some partials), would probably not be able to go to College if it weren't for the taxes that my country paid, or this 'net' that my country has used to help me succeed. And what a shame it would be, seeing as I damn-near was the Valedictorian of my High School graduating class.

I grew up poor as **** and worked harder during the summer than many grown ups, so you'll have to excuse me for saying boo freaking hoo.

One summer I mowed 10 lawns once a week with a push mower plus my parents twice--many were 1/2 acre. I also had a paper route that took about 1.5 hours every single day, worked in a local orchard for $2/hour, and spent many Saturdays cutting wood to keep warm in the winter. The cars broke down a lot & my father needed help fixing them. We worked a lot.

I don't look back on that and wish I had it any other way. Sure, it would have been nice to value education higher than I did but the value my family placed on hard work has payed off just as much if not more so.

Hooray! A "I had it harder than you had it" competition!

Were you beat by your mom?
Was your dad a pedophile?
Where you ever homeless?
Was your walk to school uphill both ways?
Were you chased by vultures?
Did gangs of roving Mormons beat you down every chance they got?

All kidding aside. Work is good for kids. Entitlement is learned from childhood, whether by your parents or government.
 
State of Utah= HUGE ATM MACHINE for Romney's campaign.

And btw, I'm still waiting for someone to answer my questions on trickle down economics. If we can't find examples on how they've worked or are working, then we should probably stop framing our whole tax structure around it. Like fast too, before the middle-class disappears completely.

There is an argument to be made to raise taxes in some areas for economic and structural benefit, but these are far and few between and the belief that Congress can implement laws to achieve such success goes against most of their history. But the larger issue is that human's as a species are wired at the core to be selfish and greedy. To their credit, most good folks out there try like hell to fight the good fight. The tax argument is simply a manifestation of these characteristics and both parties know it. The fact that any human being worries about what somebody else pays in tax rates is beyond insane. No matter what the rate is, your plight will not change. THERE IS NO MARGINAL TAX RATE or government program that can be instituted on those more well off than you will cause you satisfaction. None. There is a famous study whereby the overwhelming majority of people would rather make 70k a year and have that be the most in their neighborhood rather than make 100k a year and be the person that makes the less in the neighborhood. The tech bubble, the housing bubble, consumerism, income disparities, tax arguments are all based on getting mine and having what others have. Look at how professional athletes act when somebody signs a bigger contract than they do. You live in a paradigm whereby you believe fairness, economic equality, a risk less society, and all other various manifestations of the human condition can be mitigated by the proper government intervention. If you stick to this illusion you will go to your grave feeling as angry and lost as you do now.
 
The fact that any human being worries about what somebody else pays in tax rates is beyond insane. No matter what the rate is, your plight will not change. THERE IS NO MARGINAL TAX RATE or government program that can be instituted on those more well off than you will cause you satisfaction. None. There is a famous study whereby the overwhelming majority of people would rather make 70k a year and have that be the most in their neighborhood rather than make 100k a year and be the person that makes the less in the neighborhood. The tech bubble, the housing bubble, consumerism, income disparities, tax arguments are all based on getting mine and having what others have. Look at how professional athletes act when somebody signs a bigger contract than they do. You live in a paradigm whereby you believe fairness, economic equality, a risk less society, and all other various manifestations of the human condition can be mitigated by the proper government intervention. If you stick to this illusion you will go to your grave feeling as angry and lost as you do now.

crabs-pull-each-other-down.gif
 
Top 10 states by % of people that pay no income tax:

New Mexico
Louisiana
Texas
Arkansas
Georgia
Mississippi
Florida
South Carolina
Idaho
Alabama

Throw out Florida which is probably because of their large number of old folks then you're left with 6 states dead red and 3 purple (New Mexico, Louisiana and arguably, Arkansas). Not a blue state in the bunch.

That's completely unfair. Look at how blue the next five are:
11. Tennesee
12. North Carolina
13. Utah
14. Arizona
15. Kentucky

https://cdn.theatlantic.com/static/mt/assets/politics/nonpayers.banner.taxfound.jpg
 
THERE IS NO MARGINAL TAX RATE or government program that can be instituted on those more well off than you will cause you satisfaction. None.

I agree completely that changing mariginal tax rates to satisfy people is futile and pointless.

On the other hand, do you think that a properly balanaced tax policy can reduce stratification and enhance success by merit? I've read that many countries with a stronger safety net, such a Germany, Canada. Sweden, etc. show greater income mobility. Do you think that is a goal to work towards?
 
I agree completely that changing mariginal tax rates to satisfy people is futile and pointless.

On the other hand, do you think that a properly balanaced tax policy can reduce stratification and enhance success by merit? I've read that many countries with a stronger safety net, such a Germany, Canada. Sweden, etc. show greater income mobility. Do you think that is a goal to work towards?

Sure, we should always strive to improve the system. The question is how? To your point more directly, how does the greater safety net actually increase income mobility? I don't know the answer to that. Also, I don't know many people who are against a safety net, despite the rhetoric from the far right. The far right denies the obvious fact that terrible, random things happen to people and their must be a way to alleviate the effects of such events. The left denies the existence of generational poverty and career parasites on the system.

For me the safety net and things such as healthcare etc, are fine and dandy but even those programs only help people on the margins and only serve to remove some of the risk from their lives, not improve them.
 
The far right denies the obvious fact that terrible, random things happen to people and their must be a way to alleviate the effects of such events.

Wrong. They see family, church, charity, and "mutual aid societies" as the proper sources for alleviation...not government.
 
Which is why we are stuck with choices between jack offs like Romney and marginal leaders like Obama.

But that's another story.

I really don't see why anyone is really surprised here.
Actually, you would think everybody would breathe a sigh of relief that an elitist politician can actually tell the truth once in awhile.

That is when he thinks the cameras are off of course......
 
I agree completely that changing mariginal tax rates to satisfy people is futile and pointless.

On the other hand, do you think that a properly balanaced tax policy can reduce stratification and enhance success by merit? I've read that many countries with a stronger safety net, such a Germany, Canada. Sweden, etc. show greater income mobility. Do you think that is a goal to work towards?

What level of income mobility do you consider the perfect target?
 
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