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A Q for the Wealth Creators
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And it worked, in my case at least.AZDuck said:Swaye - that's fine. Nobody likes paying taxes. And your circumstances as a retiree are significant because you lost untaxed income in the form of BAH and BAS and are on a limited (and fixed) income as a retiree. States like Florida, Arizona and, I guess, Virginia have made a decision to capture retirees.
Link to rain tax:
http://www.forbes.com/sites/travisbrown/2014/01/03/when-it-rains-it-pours-tax-dollars-in-maryland/
I was already looking for a way out, but this last tax just took the cake for me. Property taxes going up every year, income tax at 10% (just State), abortiative taxes on gas....just on and on...Maryland is a very typical blue state....tax and spend. Oh yeah, and the recent gun laws enacted by O'Malley were attrocious, but that is for another thread I suppose...
I have no idea how Maryland is doing economically relative to other blue states (I'd guess better because of their unique proximity to the largest employer in the world - DC, but that's just a guess) but I have read several articles about how high wage earners are abandoning MD for VA.
http://www.washingtontimes.com/news/2012/jul/3/marylanders-move-in-droves-to-virginia/?page=all
I know this thread isn't about MD or VA, but I love taking shots at O'Malley and pointing out one example where a person left mostly due to tax issues - and that person was me. Fuck Maryland. -
Not the case.AZDuck said:Mike said:
We know that states that on average sates without an income tax have had double the population growth and more than double the income growth of states with very high income taxes over the last 10 years.
We know that Texas (with no income tax) gained 1 million jobs over the last five years, California (high income tax), lost jobs.
http://www.latimes.com/business/la-fi-california-job-growth-beats-rest-of-us-ucla-anderson-forecast-says-20140613-story.html
http://www.washingtonmonthly.com/magazine/march_april_may_2014/features/oops_the_texas_miracle_that_is049289.php?page=all
But this model of economic development, which also combines a highly regressive tax system with minimal levels of public investment, has not allowed Texas to keep up with America’s best-performing states in per capita income or rates of upward mobility. And that’s what most people, including in Texas, most want the economy to deliver.
I read the California job article and here is what jumped out to me:
Employment numbers in the Inland Empire and Los Angeles are still below the pre-recession peak, while San Francisco, Silicon Valley and San Diego have regained the job losses in the wake of the foreclosure crisis.
If I have a population of 1,000,000 people. And the rest of the country has 500,000.
And I lose 500,000 jobs. And the rest of the country losses 50,000.
Would I not rebound at a faster job growth rate?
At some point you bottom out ... and you begin to add jobs. And if you have a larger population, and a larger group of unemployed ... you will add jobs at a faster rate.
Regarding Texas.
Yes. Fracking and oil has helped us.
The fact is Governor Perry has been prudent about using that growth to draw in other companies and not blow through the money like Swaye at a coke driven tattooed hooker festival.
It's like saying Clinton was only lucky because of the dot.com boom.
It is how he utilized his resources and built regulation around it.
The company I work for, in Texas, is adding 94 people this fiscal quarter. We employ 1500 currently. We do very little in oil and gas. However, the divisions that are vested in this sector are creating wealth, which is helping lift all boats. On the flip side our soccer loving CEO is cutting the divisions who are hurting.
The problem with government is no one ever cuts. -
I read the California job article and here is what jumped out to me:topdawgnc said:
Not the case.AZDuck said:Mike said:
We know that states that on average sates without an income tax have had double the population growth and more than double the income growth of states with very high income taxes over the last 10 years.
We know that Texas (with no income tax) gained 1 million jobs over the last five years, California (high income tax), lost jobs.
http://www.latimes.com/business/la-fi-california-job-growth-beats-rest-of-us-ucla-anderson-forecast-says-20140613-story.html
http://www.washingtonmonthly.com/magazine/march_april_may_2014/features/oops_the_texas_miracle_that_is049289.php?page=allBut this model of economic development, which also combines a highly regressive tax system with minimal levels of public investment, has not allowed Texas to keep up with America’s best-performing states in per capita income or rates of upward mobility. And that’s what most people, including in Texas, most want the economy to deliver.
Employment numbers in the Inland Empire and Los Angeles are still below the pre-recession peak, while San Francisco, Silicon Valley and San Diego have regained the job losses in the wake of the foreclosure crisis.
If I have a population of 1,000,000 people. And the rest of the country has 500,000.
And I lose 500,000 jobs. And the rest of the country losses 50,000.
Would I not rebound at a faster job growth rate?
At some point you bottom out ... and you begin to add jobs. And if you have a larger population, and a larger group of unemployed ... you will add jobs at a faster rate.
Regarding Texas.
Yes. Fracking and oil has helped us.
The fact is Governor Perry has been prudent about using that growth to draw in other companies and not blow through the money like Swaye at a coke driven tattooed hooker festival.
It's like saying Clinton was only lucky because of the dot.com boom.
It is how he utilized his resources and built regulation around it.
The company I work for, in Texas, is adding 94 people this fiscal quarter. We employ 1500 currently. We do very little in oil and gas. However, the divisions that are vested in this sector are creating wealth, which is helping lift all boats. On the flip side our soccer loving CEO is cutting the divisions who are hurting.
The problem with government is no one ever cuts.
Bad ass FREE PUB bitches! -
Nobody does. That's my poont. And we never will.AZDuck said:Where is the U.S. currently on the Laffer curve? Does anyone know?
That's also my point. The laffer curve isn't invalid, the left and the right just use it as a political tool. -
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Not the case.AZDuck said:Mike said:
We know that states that on average sates without an income tax have had double the population growth and more than double the income growth of states with very high income taxes over the last 10 years.
We know that Texas (with no income tax) gained 1 million jobs over the last five years, California (high income tax), lost jobs.
http://www.latimes.com/business/la-fi-california-job-growth-beats-rest-of-us-ucla-anderson-forecast-says-20140613-story.html
http://www.washingtonmonthly.com/magazine/march_april_may_2014/features/oops_the_texas_miracle_that_is049289.php?page=allBut this model of economic development, which also combines a highly regressive tax system with minimal levels of public investment, has not allowed Texas to keep up with America’s best-performing states in per capita income or rates of upward mobility. And that’s what most people, including in Texas, most want the economy to deliver.
bizjournals.com/sacramento/news/2012/03/26/california-job-loss-recession-analysis.html
pewtrusts.org/en/research-and-analysis/blogs/stateline/2014/01/07/which-states-will-generate-jobs-in-2014
And you didn't comment on my post regarding economic freedom. To me, that's the core topic vs. cherry picking stats. -
Ranking of states by median per capita income:
1. Maryland
2. Alaska
3. New Jersey
4. Connecticut
DC
5. Massachusetts
6. New Hampshire
7. Virginia
8. Hawaii
9. Delaware
10. California
11. Minnesota
12. Washington
13. Wyoming
14. Utah
15. Colorado
16. New York
17. Rhode Island
18. Illinois
19. Vermont
20. North Dakota
21. Wisconsin
22. Nebraska
23. Pennsylvania
24. Iowa
25. Texas
26. Kansas
27. Nevada
28. South Dakota
29. Oregon (PUMP MY GAS DUCK!)
30. Arizona
31. Indiana
32. Maine
33. Georgia
34. Michigan
35. Ohio
36. Missouri
37. Florida
38. Montana
39. North Carolina
40. Idaho
41. Oklahoma
42. South Carolina
43. New Mexico
44. Louisiana
45. Tennessee
46. Alabama
47. Kentucky
48. Arkansas
49. West Virginia
50. Mississippi
http://en.wikipedia.org/wiki/List_of_U.S._states_by_income
And you didn't comment on my post regarding economic freedom. To me, that's the core topic vs. cherry picking stats
I was working on this. You can't cut/paste spreadsheets in here very easily. Devs?
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Haha! I'm not old. Or I don't think I am. I retired like 18 months ago just over 40. It was a Navy retirement. I have another job now. Jiffy Lube, don't cha know. (gay smiley face)GrundleStiltzkin said:Never would have pegged (75k) @Swaye for an old dude. Way to stay young at heart brother.
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Though I must admit, if I am still sweatpants bonering to tattoed hotties, riding motorcyles, killing woodland creatures and listening to Metallica when I'm 70, then I will have lived a bad ass life all the way to the end.
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Stats, graphs, pie charts, grids, x, y, arrows, history, facts, opinions.
Everyone is an expert now with Wikipedia.
Google has allowed every angle to be argued now. A fact is now twisted to being not a fact. People argue the planet is roughly 6,000 years old.
All I know is individual choice we make impacts everyone else.
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Kind of like how climate change is settled science. Excuse me while I warm up my wood chipper (75K?).
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I was just thinking that this is a serious step up from the Woodshed...
Re: America. Go see it. (3 votes)
I thought *we* were the degenerates?!
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Duckface, I'm sorry man but you are gullible as ****.
Said the ph*ucking K*unt who swallowed hook, line and sinker every ph*ucking bogus Zimmerman/Martin report that he came across.
Heal yourself you ph*ucking stupid K*unt.
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SFGbob
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Nominate | ReportPosted: 07/13/2014 5:35 PM
Re: America. Go see it. (5 votes)
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Criticize Dinesh D'souza and you must be some huge Michael Moore fan (most liberals aren't).
Yeah, who can forget the way liberals attacked Moore after his 9/11 film.
Last edited 07/13/2014 5:35 PM by SFGbob
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DucksnBlazers eDucker with no life
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Nominate | ReportPosted: 07/13/2014 5:38 PM
Re: America. Go see it. (3 votes)
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Yes because the grown-ups on the right have been so quick to distance themselves from Dinesh D'souza and the birthers.
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SFGbob
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Nominate | ReportPosted: 07/13/2014 5:43 PM
Re: America. Go see it. (5 votes)
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Is he a birther, I don't even know. Got a link?
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DucksnBlazers eDucker with no life
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Nominate | ReportPosted: 07/13/2014 5:56 PM
Re: America. Go see it. (3 votes)
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I never said Dinesh D'souza was a birther. I don't know if he is or not.
Sure, most of you disagree with me and you think I'm a twat, but at least you use facts and reason and shit -
I thought *we* were the degenerates?!AZDuck said:I was just thinking that this is a serious step up from the Woodshed...
Re: America. Go see it. (3 votes)
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Duckface, I'm sorry man but you are gullible as ****.
Said the ph*ucking K*unt who swallowed hook, line and sinker every ph*ucking bogus Zimmerman/Martin report that he came across.
Heal yourself you ph*ucking stupid K*unt.
rate it Reply | Quote
SFGbob
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Nominate | ReportPosted: 07/13/2014 5:35 PM
Re: America. Go see it. (5 votes)
--------------------------------------------------------------------------------
Criticize Dinesh D'souza and you must be some huge Michael Moore fan (most liberals aren't).
Yeah, who can forget the way liberals attacked Moore after his 9/11 film.
Last edited 07/13/2014 5:35 PM by SFGbob
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DucksnBlazers eDucker with no life
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Nominate | ReportPosted: 07/13/2014 5:38 PM
Re: America. Go see it. (3 votes)
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Yes because the grown-ups on the right have been so quick to distance themselves from Dinesh D'souza and the birthers.
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SFGbob
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Nominate | ReportPosted: 07/13/2014 5:43 PM
Re: America. Go see it. (5 votes)
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Is he a birther, I don't even know. Got a link?
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DucksnBlazers eDucker with no life
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Nominate | ReportPosted: 07/13/2014 5:56 PM
Re: America. Go see it. (3 votes)
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I never said Dinesh D'souza was a birther. I don't know if he is or not.
Sure, most of you disagree with me and you think I'm a twat, but at least you use facts and reason and shit
Fuck off commie. -
Lick my balls fascist
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pump my gas duck!AZDuck said:Lick my balls fascist
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Decreasing taxes is always a good thing. The capital gains tax needs to be reduced to a flat 5% and the category of short term capital gains should be completely eliminated. 5% for long term and short term investments. The so called 'death' tax should be completely eradicated. The government has no right to take a piece of someone's estate when they die. They've already tax raped that person's estate over the course of their lifetime. And the gift tax? Fuck that too. These are GIFTS, not gifts to the government. But I'm sure Damone will think this is an uniformed opinion (unless of course he agrees with it).
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Decreasing taxes is always a good thing.
O rly? Please to be explaining this assertion.
So in the best of all possible worlds, we pay no taxes.
What happens next? -
We should pay just enough taxes to keep the government running and nothing more. Government at every level has become a corpulent octopus that tries to financially strangle us through taxation.
Property taxes in some states are just obscene. If you're a property owner and don't have kids, you shouldn't have to pay that portion of the taxes that goes for the schooling of other people's children. Also we shouldn't have property taxes that are so high that we're effectively forced to pay 'rent' on property we're supposed to 'own." I'm tired of having to fund the grotesque salaries of overpaid city/county officials that don't really do squat to improve anything. Fuck that shit. I'm sick of it. Most of their salaries could be axed 50 percent or more and it would be closer to fair for the job they do.
Less taxes equals more saving, more spending, a better economy and happier people.
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You had me at:
We should pay just enough taxes to keep the government running and nothing more. Government at every level has become a corpulent octopus that tries to financially strangle us through taxation.
I just stopped reading there. Fuck taxes (not all just most).
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We should pay just enough taxes to keep the government running and nothing more. Government at every level has become a corpulent octopus that tries to financially strangle us through taxation.
Not trying to be a dick, but that's pretty much what we pay now. Taxes in the US are toward the bottom of the developed rich nations. I think that you have a point in that we have a government which is really poorly run and wasteful - but that is a function of our un-reformed 1789 constitution rather than taxes per se.
There are lots of things which benefit all of us which are not readily apparent. Go to a country without universal public education and see all the kids in the streets (and trying to steal your wallet), and you might agree to pay some taxes to put them somewhere under adult supervision where they can become a benefit rather than a detriment to society.
Most civil servants aren't getting rich, and many of us even try to do a good job and save the government some money. After all, we pay taxes as well.
Oliver Wendell Holmes once said "Taxes are the price we pay for a civilized society." I think that is more true now than ever before. -
AZDuck said:
Not trying to be a dick, but that's pretty much what we pay now.
Disagree. When we're paying taxes to support foreign enemies like the Palestinian ragheads (the funds of which end up getting diverted to help Hamas), when we give aid to hostile countries like Egypt, when we spend millions of dollars on failed shit like Obamacare, not to mention various other useless programs, we are not in a situation where we're paying only enough to keep the government running. On the contrary. We're gorging the octopus.
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Why 5%?oregonblitzkrieg said:Decreasing taxes is always a good thing. The capital gains tax needs to be reduced to a flat 5% and the category of short term capital gains should be completely eliminated. 5% for long term and short term investments. The so called 'death' tax should be completely eradicated. The government has no right to take a piece of someone's estate when they die. They've already tax raped that person's estate over the course of their lifetime. And the gift tax? Fuck that too. These are GIFTS, not gifts to the government. But I'm sure Damone will think this is an uniformed opinion (unless of course he agrees with it).
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It's arbitrary. Look at who you're talking to.MikeDamone said:
Why 5%?oregonblitzkrieg said:Decreasing taxes is always a good thing. The capital gains tax needs to be reduced to a flat 5% and the category of short term capital gains should be completely eliminated. 5% for long term and short term investments. The so called 'death' tax should be completely eradicated. The government has no right to take a piece of someone's estate when they die. They've already tax raped that person's estate over the course of their lifetime. And the gift tax? Fuck that too. These are GIFTS, not gifts to the government. But I'm sure Damone will think this is an uniformed opinion (unless of course he agrees with it).
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That's what I thought.PurpleJ said:
It's arbitrary. Look at who you're talking to.MikeDamone said:
Why 5%?oregonblitzkrieg said:Decreasing taxes is always a good thing. The capital gains tax needs to be reduced to a flat 5% and the category of short term capital gains should be completely eliminated. 5% for long term and short term investments. The so called 'death' tax should be completely eradicated. The government has no right to take a piece of someone's estate when they die. They've already tax raped that person's estate over the course of their lifetime. And the gift tax? Fuck that too. These are GIFTS, not gifts to the government. But I'm sure Damone will think this is an uniformed opinion (unless of course he agrees with it).
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I think it should be 4%. Just sayin...MikeDamone said:
That's what I thought.PurpleJ said:
It's arbitrary. Look at who you're talking to.MikeDamone said:
Why 5%?oregonblitzkrieg said:Decreasing taxes is always a good thing. The capital gains tax needs to be reduced to a flat 5% and the category of short term capital gains should be completely eliminated. 5% for long term and short term investments. The so called 'death' tax should be completely eradicated. The government has no right to take a piece of someone's estate when they die. They've already tax raped that person's estate over the course of their lifetime. And the gift tax? Fuck that too. These are GIFTS, not gifts to the government. But I'm sure Damone will think this is an uniformed opinion (unless of course he agrees with it).
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Not trying to be a dick, but that's pretty much what we pay now. Taxes in the US are toward the bottom of the developed rich nations. I think that you have a point in that we have a government which is really poorly run and wasteful - but that is a function of our un-reformed 1789 constitution rather than taxes per se.AZDuck said:We should pay just enough taxes to keep the government running and nothing more. Government at every level has become a corpulent octopus that tries to financially strangle us through taxation.
There are lots of things which benefit all of us which are not readily apparent. Go to a country without universal public education and see all the kids in the streets (and trying to steal your wallet), and you might agree to pay some taxes to put them somewhere under adult supervision where they can become a benefit rather than a detriment to society.
Most civil servants aren't getting rich, and many of us even try to do a good job and save the government some money. After all, we pay taxes as well.
Oliver Wendell Holmes once said "Taxes are the price we pay for a civilized society." I think that is more true now than ever before.
This is rich...
Ok. Let's just say we agree and as a society we should pay for universal education. So I would say give every school kid a voucher and they can use it to attend school. Then it's "whoa whoa what..what we meant is they need to be able to attend government school not any school of their choice. After all we need standards" Well, ok so it's not about education, it's about control. Right?
And what else do we fund that we constantly get hit up for besides education? What else are taxes raised for so that people blindly go along with? Well, we need roads. Because without the government, who would build the roads?!! And we need police and fireman. Would you want a bill every time you needed a fireman? No! So we will pay the taxes.
Ok. Teaches, firemen, roads, police. Let's assume as a community we decide we will all pay taxes for these things. The truth is those things are about 10% OF MY FUCKING TOTAL TAX BILL. Throw in some national defense and I'm still at 20% of what I pay now. Jesus. Always the roads, teachers firmen, etc are used to justify taxes. These are mostly funded by local property taxes and approved by the local voters. And the amount to a small amount of taxpayers total tax bill. So sure, let's only pay taxes "to keep the government running".. Yeah, let's do that. -
Please specify what in the 1789 constitution has resulted in a poorly run and wasteful government ? National defense? Be specific.
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I'm going 4.81% ...PurpleJ said:
I think it should be 4%. Just sayin...MikeDamone said:
That's what I thought.PurpleJ said:
It's arbitrary. Look at who you're talking to.MikeDamone said:
Why 5%?oregonblitzkrieg said:Decreasing taxes is always a good thing. The capital gains tax needs to be reduced to a flat 5% and the category of short term capital gains should be completely eliminated. 5% for long term and short term investments. The so called 'death' tax should be completely eradicated. The government has no right to take a piece of someone's estate when they die. They've already tax raped that person's estate over the course of their lifetime. And the gift tax? Fuck that too. These are GIFTS, not gifts to the government. But I'm sure Damone will think this is an uniformed opinion (unless of course he agrees with it).
I find adding 81% tends to add legitimacy. -
Jesus, capital gains tax is already the lowest rate among wealthy countries. That's not good enough? Or maybe I was whooshed..oregonblitzkrieg said:Decreasing taxes is always a good thing. The capital gains tax needs to be reduced to a flat 5% and the category of short term capital gains should be completely eliminated. 5% for long term and short term investments. The so called 'death' tax should be completely eradicated. The government has no right to take a piece of someone's estate when they die. They've already tax raped that person's estate over the course of their lifetime. And the gift tax? Fuck that too. These are GIFTS, not gifts to the government. But I'm sure Damone will think this is an uniformed opinion (unless of course he agrees with it).
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