Quote:That's always been the case and always will be the case. Whether the tax is fair or unfair, consumption or income, there will be nepotism both in government jobs and private sector jobs. In any event, that's a small fraction of how jobs are won. The current tax code does nothing to prevent that or compensate for it, so why oppose a different tax code on that basis?
The Fair Tax has the advantage of a huge incentive to locate multinational corporations in the US, which would be a boost to the economy and benefit everyone, rich or poor. I guess as a citizen of Australia you might not like that.
I'm taking 6 months off work at the end if next week, there's nothing I don't like at the moment thanks! Not sure corporate America would let me do that.
Quote:I'm taking 6 months off work at the end if next week, there's nothing I don't like at the moment thanks! Not sure corporate America would let me do that.
Guess you're either worthless or invaluable to your organization.
Quote:Guess you're either worthless or invaluable to your organization.
Just favourable government legislation...
Quote:Just favourable government legislation...
Nice of them to decide how your company is managed. What was that term for government controlling the means of production? Do they send over a replacement for you from the public housing project while you're off on your journey of self discovery?
Quote:Yet, she does have the latest iPhone. After all, she is a "twit" that likes to post and read twitter, and she most certainly must update her Facebook status.
Just, wow. I'm so happy you were able to find someone whom you despise that you can then use as a sweeping generalization for all workers and "liberals".
You bring nothing to this conversation but an anecdote about a woman that you don't even know very well, but are more then happy to pass judgement on.
You're a fascinating individual.
Quote:Hyperbole much?
The Fair Tax wouldn't eliminate things like food stamps, so a poor family would still get "free" food and "free" healthcare payed for by someone else.
Big ticket items are frequently bought used. Most houses are resold several times. Cars are commonly bought used. Good clothing deals are available at Goodwill. It's not up to the government to take the money of someone who worked hard for it and give it to someone else so they can have brand new clothes instead of perfectly good second hand clothes.
There are winners and losers. The working poor actually make out better with the Fair Tax because of the elimination of FICA. The ones who will end up paying somewhat more are the upper middle class.
I mean, I can see the attractiveness of the fair tax. But I've read an article in Forbes that brings up concerns...
For instance, the fair tax that Cruz would implement would create huge multi trillion dollar deficits.
Revenue would completely dry up with this type of tax plan. So the argument that we'd still support the poor and underpaid seems unrealistic.
Especially when there are people that have been brain washed to despise the working class that is below them, it would appear that a fair tax would result in major cuts to social programs.
And like I said, the deficits that Forbes was talking about were astronomical. It just sounds fiscally unattainable to me.
Quote:A few things Anchorman.
1. What are the reasons jobs are flying out of this country?
2. A majority of the "poor" in this country have no clue what poverty is.
3. With all of the people not working in this country why do we have HB1 Visa's?
4. If more people were paying into the system and had a stake in the game would there be more of an uproar for reform to the current system?
I think I understand your points, but would you care to elaborate?
Jobs are flying overseas because of free trade deals that favor the business and not the worker... you know, prior to free trade deals, workers in the usa were still getting paid at higher levels than in developing countries and the effective corporate tax rates in the usa were alot higher than they are now.
As for the poor in this country, so the fact that they are not as poor as poor people in Brazil, or China, or Sudan makes it ok? Seriously, I don't get this mentality...
Quote:As for the poor in this country, so the fact that they are not as poor as poor people in Brazil, or China, or Sudan makes it ok? Seriously, I don't get this mentality...
Yes, the poor in America are some of the wealthiest people on Earth. It's a matter of perspective and the ingratitude of those fortunate enough to live here is unseemly. But what more do we expect, people gonna peep.
Quote:I think I understand your points, but would you care to elaborate?
Jobs are flying overseas because of free trade deals that favor the business and not the worker... you know, prior to free trade deals, workers in the usa were still getting paid at higher levels than in developing countries and the effective corporate tax rates in the usa were alot higher than they are now.
As for the poor in this country, so the fact that they are not as poor as poor people in Brazil, or China, or Sudan makes it ok? Seriously, I don't get this mentality...
How much of other peoples money is enough.
Quote:Yes, the poor in America are some of the wealthiest people on Earth. It's a matter of perspective and the ingratitude of those fortunate enough to live here is unseemly. But what more do we expect, people gonna peep.
When you're working for a multinational corporation that is running billions of dollars in profit, but is cutting your hours and pay, while the productively of your labor continues to rise, yeah, I'd say there's a legitimate concern there...
Quote:When you're working for a multinational corporation that is running billions of dollars in profit, but is cutting your hours and pay, while the productively of your labor continues to rise, yeah, I'd say there's a legitimate concern there...
Why is that person still working for said corporation? Free society cuts both ways.
Quote:Why is that person still working for said corporation? Free society cuts both ways.
Lol, are you new to America and it's labor market?
Come on, man... you know better than this.
Quote:Lol, are you new to America and it's labor market?
Come on, man... you know better than this.
So you're saying there are no alternatives?
Quote:So you're saying there are no alternatives?
Lol, now who's being obtuse?
I'm saying the answer to jj's question is found in the basic understanding of macro economics and the results of which are affecting the labor market... ie the supply of workers and the demand for those workers by US businesses...
Large numbers of applicants, small numbers of jobs... this depresses wages...
Quote:Lol, now who's being obtuse?
I'm saying the answer to jj's question is found in the basic understanding of macro economics and the results of which are affecting the labor market... ie the supply of workers and the demand for those workers by US businesses...
Large numbers of applicants, small numbers of jobs... this depresses wages...
You do realize that large corporations are a minority of employers in this country, right?
Quote:You do realize that large corporations are a minority of employers in this country, right?
Well, I never verified this on my own... but I remember hearing a few months back that Wal-Mart is the largest employer of US workers...
But even with that said, the facts are the facts, there are a low number of jobs as compared with the number of people looking for work...
I think the job reports are showing that more and more jobs are being added, but they are low wage service sector jobs...
Nepotism is alive and well in every country at every level. Its pretty natural.
Quote:I mean, I can see the attractiveness of the fair tax. But I've read an article in Forbes that brings up concerns...
For instance, the fair tax that Cruz would implement would create huge multi trillion dollar deficits.
Revenue would completely dry up with this type of tax plan. So the argument that we'd still support the poor and underpaid seems unrealistic.
Especially when there are people that have been brain washed to despise the working class that is below them, it would appear that a fair tax would result in major cuts to social programs.
And like I said, the deficits that Forbes was talking about were astronomical. It just sounds fiscally unattainable to me.
Your confusing the flat Tax and the fair tax. Cruz supports the flat Tax which means everyone pays the same rate, there's still the eic and child tax credit but everyone pays a "flat" percentage. I don't really care for the flat Tax but its something.
The fair tax eliminates the FICA, Medicare, Medicaid, and all other federal taxes with a consumption tax. Income is not taxed at the federal level with the fair tax, rand Paul and Neil bortz are two big supporters of the fair tax. Currently no one running is going to implement the fair tax but I just wanted to point out the fair tax and flat Tax are very different plans. One tweaks the tax code the other replaces the tax code.
the fair tax is about as "pie in the sky" as it gets
Quote:the fair tax is about as "pie in the sky" as it gets
Disagree the fact that it's talked about more and more is evidence the tide is turning. At some point it'll be either a fair tax consumption or full blown socialism which way we go is 50/50.