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kev374
ParticipantAmen raptorduck! The incentive to work hard, be productive and innovative has always been the monetary rewards. Taking away that incentive by more taxation and pursuing socialist redistribution of wealth policies will be extremely detrimental to the future of this country. Infact, doesn’t the Laffer curve demonstrate this, that higher taxes actually result in lower tax revenue due to lower productivity?
If you look at countries like Belgium which have socialist policies you will find very high unemployment and low productivity. People simply will not work that hard or not work at all and collect government assistance, and why would they work? For what incentive?
kev374
Participantinteresting watch:
kev374
Participantinteresting watch:
kev374
Participantinteresting watch:
kev374
Participantinteresting watch:
kev374
Participantinteresting watch:
kev374
ParticipantCalifornia state income tax at 9.3% is already among the highest in the country, if they raise taxes I’m thinking it will just exacerbate the outmigration of skilled professionals from CA. That will do more harm in the long run.
kev374
ParticipantCalifornia state income tax at 9.3% is already among the highest in the country, if they raise taxes I’m thinking it will just exacerbate the outmigration of skilled professionals from CA. That will do more harm in the long run.
kev374
ParticipantCalifornia state income tax at 9.3% is already among the highest in the country, if they raise taxes I’m thinking it will just exacerbate the outmigration of skilled professionals from CA. That will do more harm in the long run.
kev374
ParticipantCalifornia state income tax at 9.3% is already among the highest in the country, if they raise taxes I’m thinking it will just exacerbate the outmigration of skilled professionals from CA. That will do more harm in the long run.
kev374
ParticipantCalifornia state income tax at 9.3% is already among the highest in the country, if they raise taxes I’m thinking it will just exacerbate the outmigration of skilled professionals from CA. That will do more harm in the long run.
kev374
ParticipantOh poor you! You make to much for the government to give you help. That must be a real bummer.
First, I’m not against helping people who deserve to be helped. This means helping people help themselves become better skilled and more productive. That makes our population more competitive in the global marketplace. How is giving free checks helping anyone? People have been consuming beyond their means and now we want to send them some more taxpayer money to spend because they have run out of available credit? Isn’t that moral hazard?
Second, about making too much… I don’t. I pay 38% of my overall income in taxes and my marginal rate is 48%. I live way below my means and believe in saving for a rainy day. Instead, I am seeing my savings evaporate due to increasing inflation and lower interest rates.
The policy of this current government is to penalize those who are responsible, those who have spent countless hours acquiring skills so that they can be successful.
The only way is to game the system by shifting from W2 income to 1099 and deduct everything, especially since we will be seeing increasing taxation towards already burdened middle income W2 earners in the future.
kev374
ParticipantOh poor you! You make to much for the government to give you help. That must be a real bummer.
First, I’m not against helping people who deserve to be helped. This means helping people help themselves become better skilled and more productive. That makes our population more competitive in the global marketplace. How is giving free checks helping anyone? People have been consuming beyond their means and now we want to send them some more taxpayer money to spend because they have run out of available credit? Isn’t that moral hazard?
Second, about making too much… I don’t. I pay 38% of my overall income in taxes and my marginal rate is 48%. I live way below my means and believe in saving for a rainy day. Instead, I am seeing my savings evaporate due to increasing inflation and lower interest rates.
The policy of this current government is to penalize those who are responsible, those who have spent countless hours acquiring skills so that they can be successful.
The only way is to game the system by shifting from W2 income to 1099 and deduct everything, especially since we will be seeing increasing taxation towards already burdened middle income W2 earners in the future.
kev374
ParticipantOh poor you! You make to much for the government to give you help. That must be a real bummer.
First, I’m not against helping people who deserve to be helped. This means helping people help themselves become better skilled and more productive. That makes our population more competitive in the global marketplace. How is giving free checks helping anyone? People have been consuming beyond their means and now we want to send them some more taxpayer money to spend because they have run out of available credit? Isn’t that moral hazard?
Second, about making too much… I don’t. I pay 38% of my overall income in taxes and my marginal rate is 48%. I live way below my means and believe in saving for a rainy day. Instead, I am seeing my savings evaporate due to increasing inflation and lower interest rates.
The policy of this current government is to penalize those who are responsible, those who have spent countless hours acquiring skills so that they can be successful.
The only way is to game the system by shifting from W2 income to 1099 and deduct everything, especially since we will be seeing increasing taxation towards already burdened middle income W2 earners in the future.
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