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The Magic Cafe Forum Index » » Not very magical, still... » » McDonalds to start paying $15 - $20 minimum wage any day now (16 Likes) Printer Friendly Version

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Anand Khalsa
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On Jun 27, 2015, Intrepid wrote:
Quote:
On Jun 27, 2015, Anand Khalsa wrote:
I certainly agree with cutting taxes from the poor and middle class.

Cutting taxes for the poor? How generous. But my guess is that they might want to keep the EITC instead.
By the way, the EITC was a Milton Friedman concept. Smile


I don't think you understand how heavily Socialist I am.
Dannydoyle
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If one hypothetically pays zero how exactly to you cut that?
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
Anand Khalsa
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On Jun 27, 2015, Dannydoyle wrote:
If one hypothetically pays zero how exactly to you cut that?


You don't cut their taxes because they aren't paying taxes.
Dannydoyle
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So if one is poor and pays no taxes how do you cut them? You are for cutting taxes on the poor and I want to know how it is even possible?
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
Anand Khalsa
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On Jun 27, 2015, Dannydoyle wrote:
So if one is poor and pays no taxes how do you cut them? You are for cutting taxes on the poor and I want to know how it is even possible?


The majority of the poor pay taxes. When I say "the poor" I am generally referring to the lower-middle class and the working poor.

I am not proposing tax cuts for the homeless.
Dannydoyle
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What percentage of people who are not homeless pay no taxes at all?

The answer may shock you.
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
Intrepid
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On Jun 27, 2015, Anand Khalsa wrote:

Yep, that's what I said Anand.
"The other problem is this 1% I keep reading about. Think how better off we'd be if they didn't consume 99% of all the food produced each year, occupy 99% of the homes, and occupy 99% of the cars on the road. That is how it works right? It's not a matter of production efficiency at all. It's simple, we'd all get more food, more homes and more cars if we simply flatted the pay scale right? Problem solved, yay!" Smile
Bob
Anand Khalsa
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On Jun 27, 2015, Dannydoyle wrote:
What percentage of people who are not homeless pay no taxes at all?

The answer may shock you.


You mean the multi-billionaires with offshore accounts? That's definitely a problem.
Intrepid
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On Jun 27, 2015, Anand Khalsa wrote:
I don't think you understand how heavily Socialist I am.

Speaking of socialism, how is it that the man who wrote "The Theory of Moral Sentiment" also wrote "The Wealth of Nations"? Is it possible that bottom up economies better serve the people than top down economies? Can top down ecomonies change and adapt fast enough to meet the increasing needs of a growing world population?
Bob
Anand Khalsa
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On Jun 27, 2015, Intrepid wrote:
Quote:
On Jun 27, 2015, Anand Khalsa wrote:
I don't think you understand how heavily Socialist I am.

Speaking of socialism, how is it that the man who wrote "The Theory of Moral Sentiment" also wrote "The Wealth of Nations"? Is it possible that bottom up economies better serve the people than top down economies? Can top down ecomonies change and adapt fast enough to meet the increasing needs of a growing world population?


I am not a classic Socialist. Like Noam Chomsky, I consider myself a Libertarian Socialist, so I support bottom-up economics.
Dannydoyle
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On Jun 27, 2015, Anand Khalsa wrote:
Quote:
On Jun 27, 2015, Dannydoyle wrote:
What percentage of people who are not homeless pay no taxes at all?

The answer may shock you.


You mean the multi-billionaires with offshore accounts? That's definitely a problem.


If just for a second you stop the propaganda I would like you to answer the actual question I have asked. And yes it is obvious what your political leaning is LOL.
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
Dannydoyle
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Http://www.pewresearch.org/fact-tank/201......be-fair/

In 2013, according to our analysis of preliminary IRS data, people with adjusted gross incomes above $250,000 paid nearly half (48.9%) of all individual income taxes, though they accounted for only 2.4% of all returns filed. Their average tax rate (total taxes paid divided by cumulative AGI) was 25.6%. By contrast, people whose incomes were less than $50,000 accounted for 63.4% of all individual income tax returns filed in 2013, but they paid just 6.2% of total taxes; their average tax rate was 4.2%.
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
Anand Khalsa
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On Jun 27, 2015, Dannydoyle wrote:
Http://www.pewresearch.org/fact-tank/201......be-fair/

In 2013, according to our analysis of preliminary IRS data, people with adjusted gross incomes above $250,000 paid nearly half (48.9%) of all individual income taxes, though they accounted for only 2.4% of all returns filed. Their average tax rate (total taxes paid divided by cumulative AGI) was 25.6%. By contrast, people whose incomes were less than $50,000 accounted for 63.4% of all individual income tax returns filed in 2013, but they paid just 6.2% of total taxes; their average tax rate was 4.2%.


What do you think the systemic problem is? What's the solution?
Dannydoyle
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Not how it works. I never said there was a systemic problem or that it needed a solution. I asked YOU a question you refused to or simply could not answer. So I answered it for you.
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
Intrepid
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On Jun 27, 2015, Anand Khalsa wrote:
What do you think the systemic problem is? What's the solution?

"Problem"? "Solution"? Is the glass half full or half empty? Are you not amazed that we have been able to keep a world that has doubled in size in just fifty years feed, clothed and housed as we have? Not sure your quick fixes can better that. Sustaining the current standard under dwindling natural resources without the free market striving for ever greater efficiecy of production is the greater challenge.
Bob
Anand Khalsa
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On Jun 27, 2015, Dannydoyle wrote:
Not how it works. I never said there was a systemic problem or that it needed a solution. I asked YOU a question you refused to or simply could not answer. So I answered it for you.


Leaving aside the fact that this is exactly how a progressive tax system is supposed to work, there is a big flaw in what you are citing: it only takes into account federal income tax. Most families pay more in payroll taxes for Social Security and Medicare than they do in federal income tax. What you have cited also leaves out state and local governments, which tend to rely heavily on regressive sales and property taxes.

Here is information from the Institute on Taxation and Economic Policy, graphed by Citizens for Tax Justice.

Image


Image
Anand Khalsa
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Quote:
On Jun 27, 2015, Intrepid wrote:
Quote:
On Jun 27, 2015, Anand Khalsa wrote:
What do you think the systemic problem is? What's the solution?

"Problem"? "Solution"? Is the glass half full or half empty? Are you not amazed that we have been able to keep a world that has doubled in size in just fifty years feed, clothed and housed as we have? Not sure your quick fixes can better that. Sustaining the current standard under dwindling natural resources without the free market striving for ever greater efficiecy of production is the greater challenge.


Quick fixes are impossible.
Intrepid
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On Jun 27, 2015, Anand Khalsa wrote:
Quick fixes are impossible.

Bingo!
Bob
Dannydoyle
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On Jun 27, 2015, Anand Khalsa wrote:
Quote:
On Jun 27, 2015, Dannydoyle wrote:
Not how it works. I never said there was a systemic problem or that it needed a solution. I asked YOU a question you refused to or simply could not answer. So I answered it for you.


Leaving aside the fact that this is exactly how a progressive tax system is supposed to work, there is a big flaw in what you are citing: it only takes into account federal income tax. Most families pay more in payroll taxes for Social Security and Medicare than they do in federal income tax. What you have cited also leaves out state and local governments, which tend to rely heavily on regressive sales and property taxes.

Here is information from the Institute on Taxation and Economic Policy, graphed by Citizens for Tax Justice.

Image


Image


Do the rich find themselves exempt from such taxes?
Danny Doyle
<BR>Semper Occultus
<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
balducci
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On Jun 27, 2015, Starrpower wrote:

What constitutes "productivity"? And if you can quantify it, can we attribute it directly to workers? In my neighborhood we recently moved to a particular kind of trash can that can be automatically raised and dumped into the truck with hydraulics. Now trash collection is far more "productive" (faster with fewer workers) but not because workers are doing a better job.

We have the same thing where I live.

I'm not sure trash collection is more productive now. It is faster in very large part only because it is doing less.

The way it operates now, you are limited in the amount you can throw out. If what you have does not fit in the rolling bin you are out of luck. It used to be if one had 10 bags of trash, the garbage truck would take it. No more. Even if it fits in the bin, it will be left behind if it weighs too much.

It used to be if one had an old mattress, a chair, a cracked toilet, etc., the workers would take it. No more with the automatic lifting system.
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
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