Forum Replies Created
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AuthorPosts
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GH
ParticipantI’m not so sure. If taxes were raised to 100% no one would “bother” to go to work and tax revenue would be $0.00
If taxes were reduced to 0% everyone would be pretty happy in the private sector for a while and taxes would be reduced to $0.00
Thus there MUST by definition be a place in between where taxes are maximized. There is some math one is supposed to have learned around age 13 or so called “linear programming” which describes the relationship between cost and profit.
At my last job I was paid hourly and did not bother working OT, since it was taxed at 56%, so at least in my case taxing me at say 33% on my OT might have encouraged me to work more and thus PAY more taxes. I suppose this would not make sense to a government worker, who is concerned only that they get their retirement check when they are done with the drudgery of their work life!
See a movie called “The Island” – substitute the word “Island” with the word “Retirement” and see what a bunch of suckers we all are!!!
GH
ParticipantI’m not so sure. If taxes were raised to 100% no one would “bother” to go to work and tax revenue would be $0.00
If taxes were reduced to 0% everyone would be pretty happy in the private sector for a while and taxes would be reduced to $0.00
Thus there MUST by definition be a place in between where taxes are maximized. There is some math one is supposed to have learned around age 13 or so called “linear programming” which describes the relationship between cost and profit.
At my last job I was paid hourly and did not bother working OT, since it was taxed at 56%, so at least in my case taxing me at say 33% on my OT might have encouraged me to work more and thus PAY more taxes. I suppose this would not make sense to a government worker, who is concerned only that they get their retirement check when they are done with the drudgery of their work life!
See a movie called “The Island” – substitute the word “Island” with the word “Retirement” and see what a bunch of suckers we all are!!!
GH
ParticipantI’m not so sure. If taxes were raised to 100% no one would “bother” to go to work and tax revenue would be $0.00
If taxes were reduced to 0% everyone would be pretty happy in the private sector for a while and taxes would be reduced to $0.00
Thus there MUST by definition be a place in between where taxes are maximized. There is some math one is supposed to have learned around age 13 or so called “linear programming” which describes the relationship between cost and profit.
At my last job I was paid hourly and did not bother working OT, since it was taxed at 56%, so at least in my case taxing me at say 33% on my OT might have encouraged me to work more and thus PAY more taxes. I suppose this would not make sense to a government worker, who is concerned only that they get their retirement check when they are done with the drudgery of their work life!
See a movie called “The Island” – substitute the word “Island” with the word “Retirement” and see what a bunch of suckers we all are!!!
GH
ParticipantI’m not so sure. If taxes were raised to 100% no one would “bother” to go to work and tax revenue would be $0.00
If taxes were reduced to 0% everyone would be pretty happy in the private sector for a while and taxes would be reduced to $0.00
Thus there MUST by definition be a place in between where taxes are maximized. There is some math one is supposed to have learned around age 13 or so called “linear programming” which describes the relationship between cost and profit.
At my last job I was paid hourly and did not bother working OT, since it was taxed at 56%, so at least in my case taxing me at say 33% on my OT might have encouraged me to work more and thus PAY more taxes. I suppose this would not make sense to a government worker, who is concerned only that they get their retirement check when they are done with the drudgery of their work life!
See a movie called “The Island” – substitute the word “Island” with the word “Retirement” and see what a bunch of suckers we all are!!!
GH
ParticipantI’m not so sure. If taxes were raised to 100% no one would “bother” to go to work and tax revenue would be $0.00
If taxes were reduced to 0% everyone would be pretty happy in the private sector for a while and taxes would be reduced to $0.00
Thus there MUST by definition be a place in between where taxes are maximized. There is some math one is supposed to have learned around age 13 or so called “linear programming” which describes the relationship between cost and profit.
At my last job I was paid hourly and did not bother working OT, since it was taxed at 56%, so at least in my case taxing me at say 33% on my OT might have encouraged me to work more and thus PAY more taxes. I suppose this would not make sense to a government worker, who is concerned only that they get their retirement check when they are done with the drudgery of their work life!
See a movie called “The Island” – substitute the word “Island” with the word “Retirement” and see what a bunch of suckers we all are!!!
GH
Participantyes it may not appeal to people but the
cramdown is the best outcome.[/quote]In this instance YES, but keep in mind hundreds of thousands of other properties quietly foreclose and everyone moves on.
If property prices had again doubled, would ANY of these people be doing anything but rubbing it in our faces when we rent and wait?
GH
Participantyes it may not appeal to people but the
cramdown is the best outcome.[/quote]In this instance YES, but keep in mind hundreds of thousands of other properties quietly foreclose and everyone moves on.
If property prices had again doubled, would ANY of these people be doing anything but rubbing it in our faces when we rent and wait?
GH
Participantyes it may not appeal to people but the
cramdown is the best outcome.[/quote]In this instance YES, but keep in mind hundreds of thousands of other properties quietly foreclose and everyone moves on.
If property prices had again doubled, would ANY of these people be doing anything but rubbing it in our faces when we rent and wait?
GH
Participantyes it may not appeal to people but the
cramdown is the best outcome.[/quote]In this instance YES, but keep in mind hundreds of thousands of other properties quietly foreclose and everyone moves on.
If property prices had again doubled, would ANY of these people be doing anything but rubbing it in our faces when we rent and wait?
GH
Participantyes it may not appeal to people but the
cramdown is the best outcome.[/quote]In this instance YES, but keep in mind hundreds of thousands of other properties quietly foreclose and everyone moves on.
If property prices had again doubled, would ANY of these people be doing anything but rubbing it in our faces when we rent and wait?
GH
ParticipantHmmm, 15 years ago, our daycare provider had an insurance company wiggle out of paying for a pre-approved surgery. They were forced to file for bankruptcy with over 100K in medical bills.
I think personally, this is basically a punitive thing designed by our corporate overlords to make sure we stay on track.
If an employee has a history of theft, that kind of information WOULD be valuable to a potential employer.
I just hate the idea that if something goes badly wrong in life you can be excommunicated from society, work and life! Reeks of 1984!
GH
ParticipantHmmm, 15 years ago, our daycare provider had an insurance company wiggle out of paying for a pre-approved surgery. They were forced to file for bankruptcy with over 100K in medical bills.
I think personally, this is basically a punitive thing designed by our corporate overlords to make sure we stay on track.
If an employee has a history of theft, that kind of information WOULD be valuable to a potential employer.
I just hate the idea that if something goes badly wrong in life you can be excommunicated from society, work and life! Reeks of 1984!
GH
ParticipantHmmm, 15 years ago, our daycare provider had an insurance company wiggle out of paying for a pre-approved surgery. They were forced to file for bankruptcy with over 100K in medical bills.
I think personally, this is basically a punitive thing designed by our corporate overlords to make sure we stay on track.
If an employee has a history of theft, that kind of information WOULD be valuable to a potential employer.
I just hate the idea that if something goes badly wrong in life you can be excommunicated from society, work and life! Reeks of 1984!
GH
ParticipantHmmm, 15 years ago, our daycare provider had an insurance company wiggle out of paying for a pre-approved surgery. They were forced to file for bankruptcy with over 100K in medical bills.
I think personally, this is basically a punitive thing designed by our corporate overlords to make sure we stay on track.
If an employee has a history of theft, that kind of information WOULD be valuable to a potential employer.
I just hate the idea that if something goes badly wrong in life you can be excommunicated from society, work and life! Reeks of 1984!
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