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A zillionaire's solution

By joeyjojojunior following x   2017 Oct 11, 6:47am 4,376 views   78 comments   watch   sfw   quote     share    


http://www.politico.com/magazine/story/2017/10/11/republican-tax-cut-for-rich-economy-215696
"The Republican tax plan is a scam—a massive and destructive financial giveaway masquerading as pro-growth tax reform. Which is why our first response must be to demand not one penny of tax cuts for big corporations and rich guys like me. In fact, if I were Benevolent Dictator, I would substantially raise taxes on myself and my wealthy friends. Why? It is the only way to sustainably grow the economy, boost productivity, increase business opportunities and create more and better jobs."

Someone who gets it. This guy wants to help the middle class. Trump just wants to help himself and his family. Period.

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39   Strategist   ignore (3)   2017 Oct 13, 3:51pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

joeyjojojunior says

For anyone to suggest that wages are determined by productivity is laughable. Everything is determined by supply and demand. Period.


My dear short sighted friend....Burger flippers are in excess supply, while tech workers are in excess demand. It all boils down to productivity.
40   Strategist   ignore (3)   2017 Oct 13, 3:54pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

It's very sad I have to explain every single detail to you guys, and you still don't get it.
41   Strategist   ignore (3)   2017 Oct 13, 3:57pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

CBOEtrader says

There is no solution to 15% of the worlds population having less than 85 IQ's. Even the army won't take these people.


Patnet will.
42   bob2356   ignore (3)   2017 Oct 13, 4:55pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Strategist says
bob2356 says
Strategist says
Now for the controversial part. Eventually, a lot of that money trickles down to the less skilled and the poor. How? The rich pay taxes. The rich spend on travel, restaurants. maids etc etc etc


Then why do the top few percent get more and more wealthy? When will this trickle down start. Reagan was elected in 1980.


Welfare Queens in America live better than most of the working class on the planet. You don't need more proof about trickle down.


This is supposed to mean what? You bring irrelevant to an art form. Most of the working class on the planet were a lot worse off compared to the average american worker in 1980. How has losing ground proved trickle down works?
43   Strategist   ignore (3)   2017 Oct 13, 6:17pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

bob2356 says
Welfare Queens in America live better than most of the working class on the planet. You don't need more proof about trickle down.


This is supposed to mean what? You bring irrelevant to an art form. Most of the working class on the planet were a lot worse off compared to the average american worker in 1980. How has losing ground proved trickle down works?


We have not lost ground. The rest of the planet, especially the third world is rapidly catching up to us. More they discover discover capitalism and democracy, the quicker they will progress.
44   bob2356   ignore (3)   2017 Oct 13, 7:24pm   ↑ like (0)   ↓ dislike (1)   quote   flag        

Strategist says
Everyone, including the dirt poor enjoy what was once a rich man's toys. Cars, large screen TV's, computers, internet, smart phones. The list goes on and on and on. And you know what? The next 40 years will be even better.


Now that's funny. Yea sure. I knew a lot of people who had vacation homes and regular houses on middle class wages in the 60's and 70's. Took vacations. Bought a boat. Had money in the bank. (before you say something else stupid, this doesn't mean all people had all of these things) Tell me that happens now. I didn't know anyone without a car and the average fleet age was a lot less old then. Buying a smart phone and big screen tv is less than $1000. How does that show prosperity? That would be like buying a regular rv in the 70's, which everyone did.

So the rich are a lot richer and take an ever greater percentage of the wealth but that doesn't count because poor people can cough up to buy a $300 computer. Uh huh.
45   mell   ignore (2)   2017 Oct 13, 7:26pm   ↑ like (3)   ↓ dislike (0)   quote   flag        

Strategist is mostly right here. The issue is that - roughly spoken - quality of life for middle-class to upper-class (not uber-wealthy) families has largely remained flat or even declined (if you factor in that both have to be working) while the quality of life for net drainers (up to lower middle-class) and welfare kings and queens has improved. They don't have to work and yet have plenty to eat (so many get fat). This phenomenon has been perpetuated by both sides forever (although to a lesser degree by mainstream Republicans), and under Obummer this phenomenon clearly got worse. Hence the urge for everybody who is not a net-drainer but a net-contributor with a decent salary to vote for whatever Republican tax plan comes down, even if it also greatly helps the uber-wealthy.
46   joeyjojojunior   ignore (1)   2017 Oct 13, 7:38pm   ↑ like (0)   ↓ dislike (1)   quote   flag        

mell says
Strategist is mostly right here


No, Strat is 100% wrong here. I don't think he even knows what he's arguing other than welfare queens have cell phones so therefore their life must be better.

mell says
They don't have to work and yet have plenty to eat (so many get fat).


This narrative has been proven to be bullshit so many times I can't even count, but yet it persists by folks like you and Strat. It's really sad.
47   bob2356   ignore (3)   2017 Oct 13, 10:18pm   ↑ like (0)   ↓ dislike (1)   quote   flag        

Strategist says
Nevertheless, travel has increased exponentially in the last few decades. Only the rich, who would dress up for a flight, could afford airline travel. I just took a roundtrip on Spirit from San Diego to Baltimore for $114 roundtrip. I'm going to Italy Monday because it was so damn cheap.


Because Carter deregulated the airlines. What does that have to do with the the middle class losing ground the last 40 years?

Strategist says
More and more people can travel, afford toys like boats, jet skis, RV's etc.


Your evidence that average earners can afford toys today more than they could in 1970 is what exactly? Because you say so? You can't even come up with meaningless anecdotal examples.
48   bob2356   ignore (3)   2017 Oct 14, 5:06am   ↑ like (0)   ↓ dislike (0)   quote   flag        

CBOEtrader says

The discussion is about how capitalism, specifically free market capitalism, helps the underclass.


Like the guilded age or russia after the fall of the wall? That kind of free market capitalism?
49   joeyjojojunior   ignore (1)   2017 Oct 14, 5:12am   ↑ like (0)   ↓ dislike (1)   quote   flag        

What's hilarious is that folks on here are using government programs (SNAP, WIC, section 8, Medicaid, etc.) to show that free market capitalism helps the poor.

Perhaps you guys should rethink your argument? If free market capitalism helped the underclass, we wouldn't need those programs.
50   CBOEtrader   ignore (2)   2017 Oct 14, 5:17am   ↑ like (2)   ↓ dislike (0)   quote   flag        

joeyjojojunior says
If free market capitalism helped the underclass, we wouldn't need those programs.


Brilliant analysis Joe. Also, if you lived in communist Russia you should probably starve to death rather than eat the bread you get from the food line. Wouldnt want to be a hypocrite, amirite?
51   joeyjojojunior   ignore (1)   2017 Oct 14, 5:20am   ↑ like (0)   ↓ dislike (1)   quote   flag        

CBOEtrader says
Brilliant analysis Joe. Also, if you lived in communist Russia you should probably starve to death rather than eat the bread you get from the food line. Wouldnt want to be a hypocrite, amirite?


Wtf are you talking about? That is not every remotely hypocritical.

Pointing out that free market capitalism doesn't help the underclass means I can't eat bread in Russia?
52   Strategist   ignore (3)   2017 Oct 14, 9:31am   ↑ like (1)   ↓ dislike (0)   quote   flag        

joeyjojojunior says
What's hilarious is that folks on here are using government programs (SNAP, WIC, section 8, Medicaid, etc.) to show that free market capitalism helps the poor.

Perhaps you guys should rethink your argument? If free market capitalism helped the underclass, we wouldn't need those programs.


If the bums were willing to work instead of freeloading, we wouldn't need those programs.
53   joeyjojojunior   ignore (1)   2017 Oct 14, 9:37am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Strategist says
If the bums were willing to work instead of freeloading, we wouldn't need those programs.


Ah yes, the rationalization that allows Republicans to sleep at night. All welfare recipients are lazy bums who don't want to work. Freeloaders. Right up there with the myth that people who make more money are harder workers...
54   mell   ignore (2)   2017 Oct 14, 9:48am   ↑ like (1)   ↓ dislike (0)   quote   flag        

CBOEtrader says
This is your core problem. You consistently redefine the world around you to keep your labels in place to which you are loyal. You creatively translate language around you constantly. I've noticed Dan does this often as well (calling antifa conservative for example, lolz). TBF, right/left/conservative have all lost definitive meaning. Liberal does still cling to its original definition, but only outside of the democratic party in Rand Paul and a few others.

Communism vs capitalism however CAN be defined, and more importantly measured by metrics from the real world. For ex I suggest the most important metric should be % of GDP taxed by the state. How free is the economy?


Agreed. Well said.

joeyjojojunior says
mell says
They don't have to work and yet have plenty to eat (so many get fat).


This narrative has been proven to be bullshit so many times I can't even count, but yet it persists by folks like you and Strat. It's really sad.


Absolutely not. This narrative has been proven in countless studies. Please don't just spout stuff because you don't like the facts. People who earn more are also more active during the day and engage in more in physical activities - despite having less time from working all day.

http://healthland.time.com/2012/05/16/cdc-higher-income-and-education-levels-linked-to-better-health/
55   joeyjojojunior   ignore (1)   2017 Oct 14, 9:50am   ↑ like (0)   ↓ dislike (0)   quote   flag        

mell says
Absolutely not. This narrative has been proven in countless studies


OK great--please post one.

mell says
People who earn more are also more active during the day and engage in more in physical activities - despite having less time from working all day.


Yep--what does that have to do with the topic at hand?
56   joeyjojojunior   ignore (1)   2017 Oct 14, 11:04am   ↑ like (0)   ↓ dislike (0)   quote   flag        

me123 says
Not a myth, if you would actually work during the day, instead of stealing money from your employer while posting on Patnet, you'd be surprised how much you could earn.

But since you're a "taker" (and Bernie supporter), versus being a "maker", that concept totally escapes you.


And if you could ever stay on a topic rather than trying to make everything personal, you might not be such a troll.

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