Job Creation w/o Added Debt, Taxes or Inflation

[kewp]

Pigovian taxes plus a steeper progressive taxation would do wonders.

Why the wealthiest 1% aren’t paying 50% of their income in taxes is beyond me.

[(former)FormerSanDiegan]

[quote=kewp]
Why the wealthiest 1% aren’t paying 50% of their income in taxes is beyond me.[/quote]

It’s because if they did, they would no longer be among the wealthiest 1%.

Besides, the current tax system does not tax the wealthiest progressively more. It taxes those with higher incomes progressively more. Big difference.

[(former)FormerSanDiegan]

[quote=kewp]
Why the wealthiest 1% aren’t paying 50% of their income in taxes is beyond me.[/quote]

It’s because if they did, they would no longer be among the wealthiest 1%.

Besides, the current tax system does not tax the wealthiest progressively more. It taxes those with higher incomes progressively more. Big difference.

[(former)FormerSanDiegan]

[quote=kewp]
Why the wealthiest 1% aren’t paying 50% of their income in taxes is beyond me.[/quote]

It’s because if they did, they would no longer be among the wealthiest 1%.

Besides, the current tax system does not tax the wealthiest progressively more. It taxes those with higher incomes progressively more. Big difference.

[(former)FormerSanDiegan]

[quote=kewp]
Why the wealthiest 1% aren’t paying 50% of their income in taxes is beyond me.[/quote]

It’s because if they did, they would no longer be among the wealthiest 1%.

Besides, the current tax system does not tax the wealthiest progressively more. It taxes those with higher incomes progressively more. Big difference.

[(former)FormerSanDiegan]

[quote=kewp]
Why the wealthiest 1% aren’t paying 50% of their income in taxes is beyond me.[/quote]

It’s because if they did, they would no longer be among the wealthiest 1%.

Besides, the current tax system does not tax the wealthiest progressively more. It taxes those with higher incomes progressively more. Big difference.

[peterb]

Income tax is for people that have an income. Really wealthy have investments that make them money. That’s why their always harping about capital gains taxes. That’s where they get kicked in the crotch. But there are plenty of ways to have a gain protected from taxes or where the IRS is not notified of the gain. Try sneaking around income tax some time. Pretty tough. Just the “man” keeping you down.

[peterb]

Income tax is for people that have an income. Really wealthy have investments that make them money. That’s why their always harping about capital gains taxes. That’s where they get kicked in the crotch. But there are plenty of ways to have a gain protected from taxes or where the IRS is not notified of the gain. Try sneaking around income tax some time. Pretty tough. Just the “man” keeping you down.

[peterb]

Income tax is for people that have an income. Really wealthy have investments that make them money. That’s why their always harping about capital gains taxes. That’s where they get kicked in the crotch. But there are plenty of ways to have a gain protected from taxes or where the IRS is not notified of the gain. Try sneaking around income tax some time. Pretty tough. Just the “man” keeping you down.

[peterb]

Income tax is for people that have an income. Really wealthy have investments that make them money. That’s why their always harping about capital gains taxes. That’s where they get kicked in the crotch. But there are plenty of ways to have a gain protected from taxes or where the IRS is not notified of the gain. Try sneaking around income tax some time. Pretty tough. Just the “man” keeping you down.

[peterb]

Income tax is for people that have an income. Really wealthy have investments that make them money. That’s why their always harping about capital gains taxes. That’s where they get kicked in the crotch. But there are plenty of ways to have a gain protected from taxes or where the IRS is not notified of the gain. Try sneaking around income tax some time. Pretty tough. Just the “man” keeping you down.

[cr]

[quote=UCGal]But small businesses in the wrong sector will fail.

Being a small business isn’t enough to guarantee success.[/quote]
Any company not good at what they do will likely fail. My point in attempting to answer the question was to identify where jobs will come from. It goes without saying businesses need to be competent, efficient and profitable. Only the Government (and now its list of bailed out companies) can operate incompetently, inefficiently and continue overspending.

Why is raising taxes the only answer? Why can’t the Government spend less? When did Congress last take a paycut?

[cr]

[quote=UCGal]But small businesses in the wrong sector will fail.

Being a small business isn’t enough to guarantee success.[/quote]
Any company not good at what they do will likely fail. My point in attempting to answer the question was to identify where jobs will come from. It goes without saying businesses need to be competent, efficient and profitable. Only the Government (and now its list of bailed out companies) can operate incompetently, inefficiently and continue overspending.

Why is raising taxes the only answer? Why can’t the Government spend less? When did Congress last take a paycut?

[cr]

[quote=UCGal]But small businesses in the wrong sector will fail.

Being a small business isn’t enough to guarantee success.[/quote]
Any company not good at what they do will likely fail. My point in attempting to answer the question was to identify where jobs will come from. It goes without saying businesses need to be competent, efficient and profitable. Only the Government (and now its list of bailed out companies) can operate incompetently, inefficiently and continue overspending.

Why is raising taxes the only answer? Why can’t the Government spend less? When did Congress last take a paycut?

[cr]

[quote=UCGal]But small businesses in the wrong sector will fail.

Being a small business isn’t enough to guarantee success.[/quote]
Any company not good at what they do will likely fail. My point in attempting to answer the question was to identify where jobs will come from. It goes without saying businesses need to be competent, efficient and profitable. Only the Government (and now its list of bailed out companies) can operate incompetently, inefficiently and continue overspending.

Why is raising taxes the only answer? Why can’t the Government spend less? When did Congress last take a paycut?

[Author]

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