Can someone explain this picture to me?

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Rich Schultz
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Re: Can someone explain this picture to me?

Postby Rich Schultz » Mon Jun 11, 2012 5:59 pm

Define rich.

Henry Vilas
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Re: Can someone explain this picture to me?

Postby Henry Vilas » Mon Jun 11, 2012 6:06 pm

Rich Schultz wrote:Define rich.

Ask the IRS, as I was referring to the top marginal tax rate. You know that means, don't you?

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Re: Can someone explain this picture to me?

Postby Rich Schultz » Mon Jun 11, 2012 6:20 pm

"Maybe the conservatives could do civil disobedience by withholding the part of their taxes that goes to schools, or health care for the indigent. It's one way of making a statement, I guess."

How about withholding the part that goes to kickbacks to campaign contributors also known as " green jobs".

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Re: Can someone explain this picture to me?

Postby snoqueen » Mon Jun 11, 2012 6:26 pm

So does that imply you think schools and health care for the indigent are appropriate public expenditures, or what?

We really need to get a handle on these campaign contributions, regardless of party. I think recent revelations about the way President Obama was essentially bought by the pharmaceutical companies is more troubling than the Solyndra thing, which seems to have mostly been a matter of poor market timing and the Chinese beating us out on technological advances. It's easy enough to find similar instances on the Republican side where a candidate's or legislator's statements pander to wealthy supporters.

What's the solution?

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Re: Can someone explain this picture to me?

Postby Ducatista » Mon Jun 11, 2012 6:30 pm

Rich Schultz wrote:This may come as a surprise to some of you forons but many of us have been putting enormous amounts of money back in the pot for a very long time. Those of us who have been contributing on a regular basis are always amazed at the cluelessness of those of you that are so eager to raise taxes without acknowledging the people who's taxes you want to raise have already been repeatedly and heavily tapped. It may be your first rodeo...

This may come as a surprise to some of you conservatives, but many of us liberals have been putting enormous amounts of money back in the pot for a very long time. Those of us who've been contributing on a regular basis are always amazed at the cluelessness of those of you who are so eager to lower your own tax rate without acknowledging that strong social safety nets and civic institutions are in everyone's best interest, including yours. It may be your first pledge drive...

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Re: Can someone explain this picture to me?

Postby Rich Schultz » Mon Jun 11, 2012 6:38 pm

"And, of course, an ultrahigh tax rate on an initially small slice of the population, like Obama’s Buffett rule imposes, would neither raise very much revenue nor do anything to create jobs."

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Re: Can someone explain this picture to me?

Postby Cornbread » Mon Jun 11, 2012 6:57 pm

DCB wrote:A hard-working, talented, innovative small business owner will likely earn more than another SB owner in the same market who doesn't work as hard.

Depends upon the market--govt contracts, say someone connected to the UW or Madison council/alderpersons, or dane county's 868 supervisors will get contracts/jobs "nudged" their way.

But other than the monopolistic, OPM (other people's money) government market sectors, you are generally correct. :D

But a lazy, ignorant hedge-fund manager

I think you just crossed into the realm of "I don't have a clue what I'm talking about". Seriously, other than your new democrat party slogans, do you really think the UW and WEAC and other government union pension trust funds would actually invest in ANY "wall street corporation" if they didn't give them "excess profit"?
Answer: No. (and "excess" is to be defined by the leftists of course).

A janitor who works hard hard might get a 3-5% raise (in a good year) over the the lazy one.


Unless the janitor works for the UW and therefore is a government unionist. The UW just shot out another 5.5% tuition increase. That makes it what, 6 years straight of 5% plus cost increases?

I'd love to have been a janitor at the UW or any other government agency. Come to think of it, the UAW too.

Cornbread
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Re: Can someone explain this picture to me?

Postby Cornbread » Mon Jun 11, 2012 7:12 pm

Stebben84 wrote:I guess you've never heard of inheritance, nepotism, cronyism.

Great reasons for transparency in government. Of course that's not done on most (non security) levels. But this is historically the proud territory of the democrat machine, be it milwaukee, chicago, detroit, nawlins, etc.

Money often begets money with very little work involved.

As long as you're being so condescendingly crass, money begets money only if you invest it/work it wisely. Did GM make money? Nope. Avowed socialist obama bailed out the UAW union, I mean GM (you forgot to mention "conflict of interest"). We bailed out the unions, not the automaker.

But I'm digressing to someone that appears has zero knowledge of money/finance.

BTW, I hope that your bank account, savings account, retirement funds earn exactly ZERO percent for you. Why? Because apparently you only put your money to work with people that don't work and heck, why should you get 'profit' from just giving your money to someone?

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Re: Can someone explain this picture to me?

Postby Cornbread » Mon Jun 11, 2012 7:14 pm

Henry Vilas wrote:
Rich Schultz wrote:Define rich.

Ask the IRS, as I was referring to the top marginal tax rate.


Classic Bail....followed by a weak attempt to regain some credibility.

I'll give you a 3.5 henry, but your zoo sill sucks. ;)

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Re: Can someone explain this picture to me?

Postby Henry Vilas » Mon Jun 11, 2012 7:25 pm

Cornbread wrote:
Henry Vilas wrote:
Rich Schultz wrote:Define rich.

Ask the IRS, as I was referring to the top marginal tax rate.


Classic Bail....followed by a weak attempt to regain some credibility.

I'll give you a 3.5 henry, but your zoo sill sucks. ;)

If you can't follow the discussion then quit trolling. My reply was in the context of raising taxes and who should pay a little more. Unless you are in the top tax bracket (what we were discussing), you are fighting against your own interest.

Try to keep up. Don't just read the last post and give your typical knee-jerk response.

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Re: Can someone explain this picture to me?

Postby Cornbread » Mon Jun 11, 2012 7:46 pm

Henry Vilas wrote:quit trolling. My reply was in the context of raising taxes and who should pay a little more.['quote]
Great segue. Or is this still on topic? Or is this all part of the overall worldview of some folks?

1. Who should pay more taxes?
2. Does the amount paying into the collective kitty have any relationship to the amount used/needed?

Unless you are in the top tax bracket (what we were discussing), you are fighting against your own interest.


How much in government services does the top tax bracket consume?
And how much in government services does the bottom, say 30% consume?

And compare these to how much each segment paid in.

T. Boone Pickens is 83 years old. Since he was 70 years old, he has paid $665,000,000 in taxes. He has created beau coup jobs in addition to "giving" the government almost a half a billion dollars since he turned 70 years old.
He takes care of all his own bills, has no kids in school, etc.

So, how much more do you want to take from him?
And more importantly, why?

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Re: Can someone explain this picture to me?

Postby DCB » Mon Jun 11, 2012 8:43 pm

Cornbread wrote:
DCB wrote:
But a lazy, ignorant hedge-fund manager

I think you just crossed into the realm of "I don't have a clue what I'm talking about". Seriously, other than your new democrat party slogans, do you really think the UW and WEAC and other government union pension trust funds would actually invest in ANY "wall street corporation" if they didn't give them "excess profit"?
Answer: No. (and "excess" is to be defined by the leftists of course).

Well I'm quite sure I don't know what you're talking about.

For the purposes of my argument, it really doesn't matter who is investing in the hedge fund, so UW and WEAC have nothing to with it.

My point is simply that some wealth is not directly correlated with hard work.

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Re: Can someone explain this picture to me?

Postby Cornbread » Mon Jun 11, 2012 9:38 pm

Henry Vilas wrote: its about time they pay their fair share.

You are quite the socialist. But so is our corporate squirrel, snoqueen.
So, since Pickens turned 71 years old, he's paid in about $65 million dollars in taxes?
Tell me socialist, is that what you proudly proclaim as "fair"?

Even with a modest increase, they will still be very rich.


So you being a socialist and all, you have a line in your mind delineating what is "rich" and what isn't.

What is "rich"?
Who gave you the right to state what you deem is "rich" (they have enough private property according to you)?

I'm always amazed at socialists living off the teat of this nation, sucking the milk and honey, yet constantly unhappy and constantly proclaiming how unfair it is....yet they never leave this land of the unfair to places where "fairness" is dictated by the ruling few.

You do realize you can go to cuba, don't you?

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Re: Can someone explain this picture to me?

Postby Henry Vilas » Tue Jun 12, 2012 8:55 am

Cornbread wrote:
Henry Vilas wrote: its about time they pay their fair share.
You are quite the socialist.

Was Eisenhower a socialist when those in the top income bracket paid over 90% in federal taxes?

Was Teddy Roosevelt a socialist when he said:
The really big fortune, the swollen fortune, by the mere fact of its size, acquires qualities which differentiate it in kind as well as in degree from what is possessed by men of relatively small means. Therefore, I believe in a graduated income tax on big fortunes, and in another tax which is far more easily collected and far more effective-a graduated inheritance tax on big fortunes, properly safeguarded against evasion, and increasing rapidly in amount with the size of the estate.

Or does your red baiting only extend to sno and me?

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Re: Can someone explain this picture to me?

Postby wack wack » Tue Jun 12, 2012 9:07 am

fisticuffs wrote:
The more wealth you have the less you worked for it?

Work and wealth are not as connected as you would think. Ask anyone with 2 jobs taking care of a family and a home while a CEO makes 10 Million and has someone to care for his family, and his home(s).


Confused by your tone... was this supposed to be a rebuttal? Seems you're confirming what I suggested.

It is simply not possible to become Warren Buffet-wealthy by working for every dollar.

ON EDIT: Ha! I see now, I'm guessing you pulled that out of another's rhetorical response to me.


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