snoopdan
5,000+ posts
Banned
I'm an atheist, so zfg.
snoopdan
Correct me if I'm wrong. And I might be bc I don't care for politics. But isn't Romney saying to give the rich tax breaks?
Tax breaks across the board.. but like I said, if taxes keep going up on people With money, spending/buying stops.. if the taxes get to stupid like they did in France last month and the 10 richest people left the country taking away 30% of their TAX money with them they are now having to raise taxes on middle class now.. Its all fine and dandy for people without money and don't pay taxes to say tax people with money until THEY have to actually start paying taxes.
Rich B
5,000+ posts
CarAudio.com Veteran
Explain what taxes have gone up on them the last 3 years.
Payroll taxes / state federal taxes from by 5% last year.. sales taxes by 1% , 80% of all tax breaks has been removed for ALL income levels over the past 3 years.
double 07
10+ year member
CarAudio.com Elite
80% of the jobs created in this country every year are created by small businesses.....Small businesses are owned and operated by the SO CALLED rich that are not paying their fair share according to some......If the taxes are raised on the rich like a lot of people are wanting done whom do you think will suffer?......The business owners will slow down expansion of their businesses and possibly cut back their workforce......Raising taxes on the very people that create our jobs in this country is a ******* idea no matter what religion or political affiliation you are.......
Rich B
5,000+ posts
CarAudio.com Veteran
snoopdan
5,000+ posts
Banned
I am only saying this because I care - there are a lot of decaffeinated brands on the market today that are just as tasty as the real thing.
If people actually knew HOW much businesses actually pay in Payroll taxes, and Business taxes they would shut up quickly. Say I have 700$ a week taken out of my check for TAXES, the Business has to match that 700$ plus another 10% on top of that depending on what type of Corp/LLC they are.. Now you take the TAX BREAKS that was in effect before Obama was elected, write offs etc.. to help level out the taxes A small RETAIL - General type, will have more taxes with no breaks to grow as a startup and will fail within the first year due to this.. I see this happen atleast 10-15 times a month. Yes RICH people get tax BREAKS... POOR people get REFUNDS double to triple what they pay in... I feel that is unfair because they want to pop out kids to get free money
THE TAX SYSTEM EXPLAINED IN BEER
Suppose that every day, ten men go out for
beer and the bill for all ten comes to $100.
If they paid their bill the way we pay our taxes, it would go something like
this...
The first four men (the poorest) would pay nothing
The fifth would pay $1
The sixth would pay $3
The seventh would pay $7
The eighth would pay $12
The ninth would pay $18
The tenth man (the richest) would pay $59
So, that's what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the
arrangement, until one day, the owner threw them a curve ball. "Since you
are all such good customers," he said, "I'm going to reduce the cost
of your daily beer by $20". Drinks for the ten men would now cost just
$80.
The group still wanted to pay their bill the way we pay our taxes. So the first
four men were unaffected. They would still drink for free. But what about the
other six men ? How could they divide the $20 windfall so that everyone would
get his fair share?
They realized that $20 divided by six is $3.33. But if they subtracted that
from everybody's share, then the fifth man and the sixth man would each end up
being paid to drink his beer.
So, the bar owner suggested that it would be fair to reduce each man's bill by
a higher percentage the poorer he was, to follow the principle of the tax
system they had been using, and he proceeded to work out the amounts he
suggested that each should now pay.
And so the fifth man, like the first four, now paid nothing (100% saving).
The sixth now paid $2 instead of $3 (33% saving).
The seventh now paid $5 instead of $7 (28% saving).
The eighth now paid $9 instead of $12 (25% saving).
The ninth now paid $14 instead of $18 (22% saving).
The tenth now paid $49 instead of $59 (16% saving).
Each of the six was better off than before. And the first four continued to
drink for free. But, once outside the bar, the men began to compare their
savings.
"I only got a dollar out of the $20 saving," declared the sixth man.
He pointed to the tenth man, “but he got $10!"
"Yeah, that's right," exclaimed the fifth man. "I only saved a
dollar too. It's unfair that he got ten times more benefit than me!"
"That's true!" shouted the seventh man. "Why should he get $10
back, when I got only $2? The wealthy get all the breaks!"
"Wait a minute," yelled the first four men in unison, "we didn't
get anything at all. This new tax system exploits the poor!"
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn't show up for drinks so the nine sat down and
had their beers without him. But when it came time to pay the bill, they
discovered something important. They didn't have enough money between all of
them for even half of the bill!
And that, boys and girls, journalists and government ministers, is how our tax system
works. The people who already pay the highest taxes will naturally get the most
benefit from a tax reduction. Tax them too much, attack them for being wealthy,
and they just may not show up anymore. In fact, they might start drinking
overseas, where the atmosphere is somewhat friendlier.
David R. Kamerschen, Ph.D.
Professor of Economics.
For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible
Suppose that every day, ten men go out for
beer and the bill for all ten comes to $100.
If they paid their bill the way we pay our taxes, it would go something like
this...
The first four men (the poorest) would pay nothing
The fifth would pay $1
The sixth would pay $3
The seventh would pay $7
The eighth would pay $12
The ninth would pay $18
The tenth man (the richest) would pay $59
So, that's what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the
arrangement, until one day, the owner threw them a curve ball. "Since you
are all such good customers," he said, "I'm going to reduce the cost
of your daily beer by $20". Drinks for the ten men would now cost just
$80.
The group still wanted to pay their bill the way we pay our taxes. So the first
four men were unaffected. They would still drink for free. But what about the
other six men ? How could they divide the $20 windfall so that everyone would
get his fair share?
They realized that $20 divided by six is $3.33. But if they subtracted that
from everybody's share, then the fifth man and the sixth man would each end up
being paid to drink his beer.
So, the bar owner suggested that it would be fair to reduce each man's bill by
a higher percentage the poorer he was, to follow the principle of the tax
system they had been using, and he proceeded to work out the amounts he
suggested that each should now pay.
And so the fifth man, like the first four, now paid nothing (100% saving).
The sixth now paid $2 instead of $3 (33% saving).
The seventh now paid $5 instead of $7 (28% saving).
The eighth now paid $9 instead of $12 (25% saving).
The ninth now paid $14 instead of $18 (22% saving).
The tenth now paid $49 instead of $59 (16% saving).
Each of the six was better off than before. And the first four continued to
drink for free. But, once outside the bar, the men began to compare their
savings.
"I only got a dollar out of the $20 saving," declared the sixth man.
He pointed to the tenth man, “but he got $10!"
"Yeah, that's right," exclaimed the fifth man. "I only saved a
dollar too. It's unfair that he got ten times more benefit than me!"
"That's true!" shouted the seventh man. "Why should he get $10
back, when I got only $2? The wealthy get all the breaks!"
"Wait a minute," yelled the first four men in unison, "we didn't
get anything at all. This new tax system exploits the poor!"
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn't show up for drinks so the nine sat down and
had their beers without him. But when it came time to pay the bill, they
discovered something important. They didn't have enough money between all of
them for even half of the bill!
And that, boys and girls, journalists and government ministers, is how our tax system
works. The people who already pay the highest taxes will naturally get the most
benefit from a tax reduction. Tax them too much, attack them for being wealthy,
and they just may not show up anymore. In fact, they might start drinking
overseas, where the atmosphere is somewhat friendlier.
David R. Kamerschen, Ph.D.
Professor of Economics.
For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible
Oh don't forget about Obama's guy he appointed That GE guy that shutdown 3 plants and moved everything to China something like what 6,000 jobs? Oh and Obama killing the pipeline from Canada to the Gulf Coast that would of created roughly 300,000 jobs for the next 10 years... or everything else he has stopped... but keep bringing up everyone else stuff..
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