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#31 | |
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Registered User
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I didn't mean to imply that lawyers are bad or not needed. I believe in America we just have too many. I recently went to a lawyer trying to recover $5000 wages not paid me. This was never disputed by the person who owed me. He just suggested that the law would not make him pay. My lawyer agreed. He did tell me that the case would cause me more money then I would regain. That is a fair and honest lawyer. He did not tell me what I wanted to hear, but what I needed to hear. But the law makers are usually lawyers who head into political office.They have allowed the system to become "litigation friendly" through the laws they create. The main point that Catherine Crier makes in her book is that when a law is made or revised, you can follow the money back and almost everytime it is a lawyer who reaps the benifits. I have experiance in small claims court that leads me to believe that that particular court is nothing but a flip of the coin. Even when I knew I was right 100% I would settle for less outside the courts. Too many Americans want to run to the courts to grab their piece of the pie. They have a very perverse sense of justice. They feel as if they have no personal responsibility but that everybody else has a responsibility to insure their happiness. I call this the "Wal-Mart Domino Effect." I was involved in painting of homes 15 years ago. I honestly had people that wanted me to re-paint their homes because they were not happy with the color they choose. It was not the quality of the job, but the fact once they saw the color applied they were not happy.. And they honestly felt that it was my responsibility to ensure complete customer satisfaction. At Wal_mart , you can use something, and return it , no questions asked. And this overlaps into consumerism. It is a jungle out there. |
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#32 | |
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Registered User
Join Date: Jun 2004
Location: metro dc USA
Posts: 3,394
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Reform is an on-going process. I'm sure there is room for reform. Senator Spector (R) Penn. is a highly respected former prosecutor and I like him very much. This coming from me who you know is not a republican (seems to be "exclusive"). I may have a conservative view or two but not enough to align w/ thier party. I have more in common w/ the democratic party (seems to be "inclusive")
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I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death. George Carlin US comedian and actor (1937 - ) |
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#33 | |
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Registered User
Join Date: Sep 2005
Posts: 797
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When the people that vote these knuckle heads in office over and over again (us), finally realize that they have used these "programs" and the tax code to divide us;then things will change. These guys have power only through siezing our money. I think we all agree that there has to have a certain amount of infastructure to have a civilized society. All of our reps and W seem to view thier agendas as critical. It becomes a Ill vote for your crap if you vote for mine. I know it sounds over simplistic and draconian but its the only way. The ........Laweys; we recently had tou purchase a piece of land next to ours for 1.6 mil. The reason ; right before we recieved a building permit for 24 units, the neighbor decided to sue us to stop construction. We would have won... a year and hundreds of thosands of $ later...Lawyers ****
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#34 | |
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Registered User
Join Date: Sep 2004
Posts: 273
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And yet, unlike Neanderthals, they continue to grow and thrive, influencing this new "fashionistas tribes men" with their crude transportation methods. Doctors and Lawyers wearing leather and riding Harleys ??? Yesireebob. (This statement those not constitute an endorsement to return to "conism") |
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#35 |
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Registered User
Join Date: Sep 2004
Posts: 273
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You make a valid point here but; I believe, right or wrong, that the people who BENEFIT MOST in our society ought to not have a problem w/ contributing a more in taxes as they enjoy a considerably better lifestyle than the lower rung of citizens. There are the "well-off",the "rich", the "uber-rich", and the "obscenely-rich"
A graduated/progressive tax scale is equitable. A flat tax is repressive, plain & simple.[/QUOTE] The problem with this is that Senators/Rep's and Legislators are wealthy people themselves. They create a tax code that benefits people that own businesses and investments(i.e. themselves) where the money generated (through the investements)is not taxed as general income. Goverment continues to provide sheltering of investment money. A salaried employee however, all its money is taxed and worst of all "withheld". The more you make the more they keep! Withholding your income the goverment realized one thing, the average Joe cannot see how much money they are taking in tax. As a matter of fact most "average Joe" you ask them ....How much tax you pay? And they will probably answer.."I didn't pay any, I got a refund!"..(Instead of withholding, if you, at the end of every year, would had to write a check to the goverment for $10,000-$12,000 (average income that is), most likely you would rebel...not good for the goverment). Goverment promotes this class warfare even further by let it you think that one party or the other is going to "tax the rich" and save the poor. Progressive tax is just smoke and mirrors to make the population feel that they have an upper hand in this class warfare. More tax laws are not the solution. We need a simpler tax system that rewards saving and investing rather than consumption. AND YES LESS GOVERMENT! |
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#36 | |
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Registered User
Join Date: Sep 2005
Posts: 797
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This thread started out so fun and look what I did to it....Any hoo. The tax code is supposed to be a means to pay the bills . The problem is when govt tries to redistribute income to them or us or that guy over there. It is do big to distinguish who is really in need., and thats not thier job any how. Instead they dream up new and better ways to redistribute peoples hard earned money. Ill sign your bill if you sign mine. They act like rich kids with trust funds.......wait they are!! Govt needs to be pricipal based, not emotion based. Rember Meryl Streep? WHAT ABOUT THE CHILDREN!!! There are never enough causes and disasters to spend our money on. Watch George go, Watch George spend!
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The problem with this is that Senators/Rep's and Legislators are wealthy people themselves. They create a tax code that benefits people that own businesses and investments(i.e. themselves) where the money generated (through the investements)is not taxed as general income. Goverment continues to provide sheltering of investment money. A salaried employee however, all its money is taxed and worst of all "withheld". The more you make the more they keep! Withholding your income the goverment realized one thing, the average Joe cannot see how much money they are taking in tax. As a matter of fact most "average Joe" you ask them ....How much tax you pay? And they will probably answer.."I didn't pay any, I got a refund!"..(Instead of withholding, if you, at the end of every year, would had to write a check to the goverment for $10,000-$12,000 (average income that is), most likely you would rebel...not good for the goverment). Goverment promotes this class warfare even further by let it you think that one party or the other is going to "tax the rich" and save the poor. Progressive tax is just smoke and mirrors to make the population feel that they have an upper hand in this class warfare. More tax laws are not the solution. We need a simpler tax system that rewards saving and investing rather than consumption. AND YES LESS GOVERMENT![/QUOTE] |
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#37 | |
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Registered User
Join Date: Jun 2004
Location: metro dc USA
Posts: 3,394
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profits made from the sale of stocks & real estate are taxed as capital gains, no They may not pay taxes every year but it eventually gets taxed. I hope & pray that BushInc. w/ their willing right wing sychophants/minions don't pass the repeal of the estate tax or that will be one of the last nails in the coffin's of the poor Besides inherited wealth is not earned by the recipient anyway. It's "found money". I say tax anything over $5 million of inheritance til' it hurts ![]()
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I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death. George Carlin US comedian and actor (1937 - ) |
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#38 |
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Registered User
Join Date: Sep 2005
Posts: 797
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Ouch taht hurt. 1) stocks loose money too, risk should be rewarded 2) Estates and the money in them have already been taxed sometimes at pretty high rates (pre Reagan) why tax them again. Dont be mad at the rich, sometimes they accually earn that money.......................profits made from the sale of stocks & real estate are taxed as capital gains, no
They may not pay taxes every year but it eventually gets taxed. I hope & pray that BushInc. w/ their willing right wing sychophants/minions don't pass the repeal of the estate tax or that will be one of the last nails in the coffin's of the poor Besides inherited wealth is not earned by the recipient anyway. It's "found money". I say tax anything over $5 million of inheritance til' it hurts [/QUOTE]Last edited by Billsworld : 02-11.-2005 at 05:18 AM. |
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#39 |
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Registered User
Join Date: Sep 2004
Posts: 273
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profits made from the sale of stocks & real estate are taxed as capital gains, no
They may not pay taxes every year but it eventually gets taxed. I hope & pray that BushInc. w/ their willing right wing sychophants/minions don't pass the repeal of the estate tax or that will be one of the last nails in the coffin's of the poor Besides inherited wealth is not earned by the recipient anyway. It's "found money". I say tax anything over $5 million of inheritance til' it hurts [/QUOTE]I go beyond that. The tax system if far to complicated for efficient implementation. There is a high chance that you as a taxpayer probably are paying above your required legal limit just because the lore of tax laws that you or your accountant might miss. Bad for you , great for politicians and goverment. (This has been tested and proven). We need something simpler that rewards the average joe when he saves and invests. Progressive taxation is again smoke and mirrors to pacify the working middle and poor!Actually, if I remember well, Karl Marx was in favor of a progressive tax too. Historically, it has not work and the clash of classes continues. Less goverment is better!Last edited by Induray : 02-11.-2005 at 04:57 AM. |
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#40 | |
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Registered User
Join Date: Oct 2003
Location: Great Smoky Mountains, TN USA
Posts: 6,570
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I have a suggestion David, you can get one of those new campaign 2008 bumper stickers that says "Run Hillary Run". Your political opinion comes to play depending whether you place it in on the rear bumper or the front. ![]()
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Sobriety is over rated! |
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#41 | |
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Registered User
Join Date: Sep 2005
Posts: 797
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Hey W and co. seem to be reading my posts. Check MSNBC headlines Tax Reform . Ill reserve my WAHOO!! for later
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#42 | |
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Registered User
Join Date: Jun 2004
Location: metro dc USA
Posts: 3,394
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To wit: Distributional Effects Most of the Bush tax cuts would go to taxpayers in the top end of the income scale: Three-fifths of the tax cuts would go to the best off 10 percent of all taxpayers. Some 43 percent of the tax cuts would go to the top one percent, those making more than $319,000 a year, with average incomes of $915,000 in 1999. The average tax cut for the top one percent would be $46,000 a year. In contrast, the average Bush tax cut for the bottom 60 percent of taxpayers would be only $227 a year. The Cost of the Bush Tax Cuts Based on official projections from the Congressional Budget Office and the Joint Committee on Taxation, the Bush tax cut plan would use up slightly more than all (is that conservative?, crippling the govt w/ debt?) of the projected budget surpluses over its first ten years, not counting the surpluses in the Social Security and Medicare trust funds. Over the fiscal 2002-11 period, the Bush tax cuts would cost $1.9 trillion, while the projected surpluses are only $1.8 trillion.In fact, the Bush tax cuts effects on the surpluses is even greater than that. As is well known, the official surplus projections are substantially overstated, because, among other things, they assume that federal appropriations keep up with inflation only, with no adjustment for population growth or real wage growth. If, for example, one assumes that appropriations will probably keep up with the economy, then the projected surpluses over the 2002-11 period (excluding Social Security & Medicare) fall from $1.8 trillion to only $770 billion. Thus, in all likelihood, the Bush tax cuts would use up far more than the likely surpluses over the next decade. That would require dipping heavily into the Social Security and/or Medicare trust funds to cover the cost of the tax cuts. Touché
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I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death. George Carlin US comedian and actor (1937 - ) |
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#43 |
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Registered User
Join Date: Sep 2005
Posts: 797
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I honestly have only read the headlines to date. I should have mentioned that. To wit:
Distributional Effects Most of the Bush tax cuts would go to taxpayers in the top end of the income scale: Three-fifths of the tax cuts would go to the best off 10 percent of all taxpayers. Some 43 percent of the tax cuts would go to the top one percent, those making more than $319,000 a year, with average incomes of $915,000 in 1999. The average tax cut for the top one percent would be $46,000 a year. In contrast, the average Bush tax cut for the bottom 60 percent of taxpayers would be only $227 a year. The Cost of the Bush Tax Cuts Based on official projections from the Congressional Budget Office and the Joint Committee on Taxation, the Bush tax cut plan would use up slightly more than all (is that conservative?, crippling the govt w/ debt?) of the projected budget surpluses over its first ten years, not counting the surpluses in the Social Security and Medicare trust funds. Over the fiscal 2002-11 period, the Bush tax cuts would cost $1.9 trillion, while the projected surpluses are only $1.8 trillion.In fact, the Bush tax cuts effects on the surpluses is even greater than that. As is well known, the official surplus projections are substantially overstated, because, among other things, they assume that federal appropriations keep up with inflation only, with no adjustment for population growth or real wage growth. If, for example, one assumes that appropriations will probably keep up with the economy, then the projected surpluses over the 2002-11 period (excluding Social Security & Medicare) fall from $1.8 trillion to only $770 billion. Thus, in all likelihood, the Bush tax cuts would use up far more than the likely surpluses over the next decade. That would require dipping heavily into the Social Security and/or Medicare trust funds to cover the cost of the tax cuts. Touché[/QUOTE] |
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#44 | |
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Registered User
Join Date: Jun 2004
Location: metro dc USA
Posts: 3,394
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I'm not against tax-cuts but there has to be, in my humble opinion, fiscal responsibility. Giving back more than the gov't takes in is not responsible. I suspect Bush & his cadre know this fact all too well I don't think Bush, Cheney (especially), Frist, Wolfowitz, Perle, Rumsfeld, Rice, ect...are not pinning their retirements on gov't programs whereas the bottom 10% are forced to due to the exportation of high paying, blue-collar jobs over the past 30 yrs. They will depend on soc. sec., medicaid, heating subsidies, ect...to survive. The upper 40%, however, could live w/o such programs & still be able to enjoy their w/e at the country club. The poor are citizens too. Unfortunately for them & fortunately for the well-off, many of them serving as targets in Iraq ![]()
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I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death. George Carlin US comedian and actor (1937 - ) |
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#45 | |
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Registered User
Join Date: Sep 2004
Posts: 273
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Fiscal responsibilty.....dream on!Goverment like to spend period. Depend on Social Security? Come on! I am not rcih , I am a salaried employee, but I have made sure that my retirement planning DOES NOT include Social Security. How do I do that? Well , I planned , I budget and I work hard (and play hard), I set my priorities. I make sure I am well insured(not overinsured), I budget so I pay myself and family first, I do judicious investments. My sacrifices are, I do not drive new expensive cars, I do not own a 3000 sq ft home and I carry no debt, I do not have a $3000 plus bike, I do well with what I've got. Depend on the goverment? Remember goverment inaction on New Orleans Katrina and Miami Wilma? Not to mention the fact that the day AFTER the hurricane people were lining up to get their goverment issued bottled water. Now, what's up with that??? Here is an underlying problem. People expect goverment to bail them out of their stupid decision. They are now dependent on goverment bailing them out so they are not accountable for their actions. And Goverment likes that. We need to break that dependency cold turkey! We need to start by eliminating the IRS. A consumption tax will force you to consider closely if you really want that Flat PAnel TV with Satellite and a cellphone with 100 tones. (Although because of existing embedded taxes in the price of product, consumption taxes will not increase that significant and you get 100% of your income). I could go on but I have to go to work. |
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