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Arrogant Rich People: Taxation, Income Disparity, and the Shrinking Middle Class

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    Modern ManModern Man Registered User regular
    edited November 2009
    ronzo wrote: »
    Take the CEO of ups. I'm sure that he, as a person, doesn't consume that much more of "normal" services than a much poorer person. However he makes his money off the fact that he has good quaility, safe roads to transport across, health, educated people to drive his trucks and a government that protect his entire operation from being attacked

    in what way is he not using a hugely disproportionate amount of resources compared to a poor person
    UPS does not get free access to the roads. They probably pay millions upon millions of gasoline taxes, tolls, registration fees for their vehicles (which cost more for commercial vehicles than private ones), property taxes that go towards schools and the like, plus significant taxes on their profits, as well as a host of local, state and government taxes. And let's not forget the income taxes paid by their employees.

    Your claim that UPS, and therefore its CEO, are using a disproportionate share of government resources doesn't really hold up.

    Yes, they get the benefit of the law and order agencies that protect us all from roving bands of Huns. But, I don't see any evidence that they get more out of that based on what they pay into the system than anyone else.

    Modern Man on
    Aetian Jupiter - 41 Gunslinger - The Old Republic
    Rigorous Scholarship

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    iTunesIsEviliTunesIsEvil Cornfield? Cornfield.Registered User regular
    edited November 2009
    ronzo wrote: »
    jack eddy wrote: »
    This may sound dumb, but I'm not all too educated in these regards. Wouldn't some sort of tax based solely on consumption (IE sales tax) be the best bet to make sure everyone pays their fair share? Rich people buying shit left and right would get taxed in the same way as poor people consuming very little.

    Oh goddamnit

    I swear to fucking god you had better not be trolling
    Hey hey, that's a valid question and he didn't sound trolly.

    Like Quid said, the wealthy don't actually consume that much, especially when you look at them as a whole. People making <$50k/yr do a lot more of the buying in this country than the people making $2mm/yr. Those people making 2mil are saving and investing a lot of that rather than spending it whereas the guy making a modest living has to spend a lot more, percentage wise, to live.

    iTunesIsEvil on
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    IncenjucarIncenjucar VChatter Seattle, WARegistered User regular
    edited November 2009
    Futurist wrote: »
    Quid wrote: »
    jack eddy wrote: »
    This may sound dumb, but I'm not all too educated in these regards. Wouldn't some sort of tax based solely on consumption (IE sales tax) be the best bet to make sure everyone pays their fair share? Rich people buying shit left and right would get taxed in the same way as poor people consuming very little.

    Rich people don't actually consume that much compared to the amount of money they have after a certain point.


    What? It is what they consume that matters. They are not buying 10 $20,000 Honda Civics, they are buying $200 Maseratis, exotic trips, jewelry, boutique clothing, private schools, etc.

    Still not as much compared to their wealth.

    Incenjucar on
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    ThanatosThanatos Registered User regular
    edited November 2009
    Futurist wrote: »
    Quid wrote: »
    Futurist wrote: »
    Quid wrote: »
    You don't have to open an account with the same bank.

    Also, you never explained how the fire department isn't more valuable to Thanatos's apartment manager rather than Thanatos himself.
    They are equally important.
    Only if you think 4k and 1 million are the same.
    Added to above post:

    They are equally important. If Thanatos lost all worldly possessions in the fire and the apartment manager lost an asset that can be replaced under his legally required insurance, who is worse off?
    If he owns an apartment building, and I own $4,000 worth of stuff, who is worse off?

    Thanatos on
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    FuturistFuturist Registered User regular
    edited November 2009
    Quid wrote: »
    Futurist wrote: »
    Quid wrote: »
    jack eddy wrote: »
    This may sound dumb, but I'm not all too educated in these regards. Wouldn't some sort of tax based solely on consumption (IE sales tax) be the best bet to make sure everyone pays their fair share? Rich people buying shit left and right would get taxed in the same way as poor people consuming very little.

    Rich people don't actually consume that much compared to the amount of money they have after a certain point.


    What? It is what they consume that matters. They are not buying 10 $20,000 Honda Civics, they are buying $200 Maseratis, exotic trips, jewelry, boutique clothing, private schools, etc.

    And none of it is coming close to the same percentage as a poorer person's consumption.

    Poor people spend nearly all of their income. When rich people do the same we can talk about lowering taxes.

    So what if they spend nearly all of their income. The amount that a super rich spends on these sorts of things a year can exceed the expenditure of several poorer families. How is that difficult to understand?

    Futurist on
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    IncenjucarIncenjucar VChatter Seattle, WARegistered User regular
    edited November 2009
    Thanatos wrote: »
    If he owns an apartment building, and I own $4,000 worth of stuff, who is worse off?

    Not to mention that he would basically get a free remodel out of the deal.

    Incenjucar on
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    SchrodingerSchrodinger Registered User regular
    edited November 2009
    There's an easy way to settle this "Do rich people benefit more" discussion.

    Take a rich person and a poor person. Give them the same amount of assets to start with, and then move them to Somalia.

    Now, I'm willing to grant that the rich person may be more successful that the poor person in this new environment. But chances are, he's going to have to deal with a much larger change in life style than the poor person would. Because most of the things he brings to the table doesn't mean shit if there's no infrastructure to support it. If Bill Gates had been raised in Somalia, he would likely be penniless, alone, and dead by now.

    Schrodinger on
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    IncenjucarIncenjucar VChatter Seattle, WARegistered User regular
    edited November 2009
    Futurist wrote: »
    So what if they spend nearly all of their income. The amount that a super rich spends on these sorts of things a year can exceed the expenditure of several poorer families. How is that difficult to understand?

    Because if they don't then the money isn't getting back into the system.

    Incenjucar on
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    iTunesIsEviliTunesIsEvil Cornfield? Cornfield.Registered User regular
    edited November 2009
    Futurist wrote: »
    Quid wrote: »
    Futurist wrote: »
    Quid wrote: »
    jack eddy wrote: »
    This may sound dumb, but I'm not all too educated in these regards. Wouldn't some sort of tax based solely on consumption (IE sales tax) be the best bet to make sure everyone pays their fair share? Rich people buying shit left and right would get taxed in the same way as poor people consuming very little.

    Rich people don't actually consume that much compared to the amount of money they have after a certain point.


    What? It is what they consume that matters. They are not buying 10 $20,000 Honda Civics, they are buying $200 Maseratis, exotic trips, jewelry, boutique clothing, private schools, etc.

    And none of it is coming close to the same percentage as a poorer person's consumption.

    Poor people spend nearly all of their income. When rich people do the same we can talk about lowering taxes.

    So what if they spend nearly all of their income. The amount that a super rich spends on these sorts of things a year can exceed the expenditure of several poorer families. How is that difficult to understand?
    Of the following two things, which do you think is more helpful to the economy:
    • 50 people buying groceries at the local market and buying some jeans at Kohls (keeping in mind these 50 people are going to be back in 2 weeks to buy more groceries)
    • 1 dude buying a $200k car that he's going to keep for lets say 5 years.

    iTunesIsEvil on
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    FuturistFuturist Registered User regular
    edited November 2009
    Incenjucar wrote: »
    Futurist wrote: »
    Quid wrote: »
    jack eddy wrote: »
    This may sound dumb, but I'm not all too educated in these regards. Wouldn't some sort of tax based solely on consumption (IE sales tax) be the best bet to make sure everyone pays their fair share? Rich people buying shit left and right would get taxed in the same way as poor people consuming very little.

    Rich people don't actually consume that much compared to the amount of money they have after a certain point.


    What? It is what they consume that matters. They are not buying 10 $20,000 Honda Civics, they are buying $200 Maseratis, exotic trips, jewelry, boutique clothing, private schools, etc.

    Still not as much compared to their wealth.

    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Futurist on
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    override367override367 ALL minions Registered User regular
    edited November 2009
    Futurist wrote: »
    Quid wrote: »
    Futurist wrote: »
    Quid wrote: »
    jack eddy wrote: »
    This may sound dumb, but I'm not all too educated in these regards. Wouldn't some sort of tax based solely on consumption (IE sales tax) be the best bet to make sure everyone pays their fair share? Rich people buying shit left and right would get taxed in the same way as poor people consuming very little.

    Rich people don't actually consume that much compared to the amount of money they have after a certain point.


    What? It is what they consume that matters. They are not buying 10 $20,000 Honda Civics, they are buying $200 Maseratis, exotic trips, jewelry, boutique clothing, private schools, etc.

    And none of it is coming close to the same percentage as a poorer person's consumption.

    Poor people spend nearly all of their income. When rich people do the same we can talk about lowering taxes.

    So what if they spend nearly all of their income. The amount that a super rich spends on these sorts of things a year can exceed the expenditure of several poorer families. How is that difficult to understand?

    My god it's like talking to a kitchen table. As a group, the rich do not spend anywhere near as much as the poor.

    override367 on
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    QuidQuid Definitely not a banana Registered User regular
    edited November 2009
    Futurist wrote: »
    So what if they spend nearly all of their income. The amount that a super rich spends on these sorts of things a year can exceed the expenditure of several poorer families. How is that difficult to understand?

    If they actually spent the money, it would be going into the system and helping the economy. It's why rich people can get all sorts of tax exemptions when actually spending their money. However, given the fact that this almost never happens, rich people end up not paying a proportional amount of taxes without a graduated income tax bracket.

    Quid on
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    Modern ManModern Man Registered User regular
    edited November 2009
    jack eddy wrote: »
    This may sound dumb, but I'm not all too educated in these regards. Wouldn't some sort of tax based solely on consumption (IE sales tax) be the best bet to make sure everyone pays their fair share? Rich people buying shit left and right would get taxed in the same way as poor people consuming very little.
    A high sales tax is regressive in that it impacts the poor more than the wealthy. The poor pay a higher percentage of their income on the basics than the wealthy. Furthermore, it gives the wealthy a good way to avoid taxes on high-end items like yachts, jewelry and vacation homes- they just need to buy them in other countries.

    Modern Man on
    Aetian Jupiter - 41 Gunslinger - The Old Republic
    Rigorous Scholarship

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    iTunesIsEviliTunesIsEvil Cornfield? Cornfield.Registered User regular
    edited November 2009
    My god it's like talking to a kitchen table
    My kitchen table is fucking pissed with you right now. It's all "at least I give you somewhere to sit and put your plate while you eat, but this jerkoff? He's gonna give you a tumor!"

    I'm taking my talking dinner-table on tour starting next month, make sure to buy your tickets early and save a few bucks.

    iTunesIsEvil on
  • Options
    IncenjucarIncenjucar VChatter Seattle, WARegistered User regular
    edited November 2009
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Incenjucar on
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    FuturistFuturist Registered User regular
    edited November 2009
    Futurist wrote: »
    Quid wrote: »
    Futurist wrote: »
    Quid wrote: »
    jack eddy wrote: »
    This may sound dumb, but I'm not all too educated in these regards. Wouldn't some sort of tax based solely on consumption (IE sales tax) be the best bet to make sure everyone pays their fair share? Rich people buying shit left and right would get taxed in the same way as poor people consuming very little.

    Rich people don't actually consume that much compared to the amount of money they have after a certain point.


    What? It is what they consume that matters. They are not buying 10 $20,000 Honda Civics, they are buying $200 Maseratis, exotic trips, jewelry, boutique clothing, private schools, etc.

    And none of it is coming close to the same percentage as a poorer person's consumption.

    Poor people spend nearly all of their income. When rich people do the same we can talk about lowering taxes.

    So what if they spend nearly all of their income. The amount that a super rich spends on these sorts of things a year can exceed the expenditure of several poorer families. How is that difficult to understand?
    Of the following two things, which do you think is more helpful to the economy:
    • 50 people buying groceries at the local market and buying some jeans at Kohls (keeping in mind these 50 people are going to be back in 2 weeks to buy more groceries)
    • 1 dude buying a $200k car that he's going to keep for lets say 5 years.

    So now we are assuming that the rich won't wear jeans or eat? The same rich people still buy groceries, probably more expensive ones and greater amounts. Same with clothes.

    Futurist on
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    BamaBama Registered User regular
    edited November 2009
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    Quid wrote: »
    jack eddy wrote: »
    This may sound dumb, but I'm not all too educated in these regards. Wouldn't some sort of tax based solely on consumption (IE sales tax) be the best bet to make sure everyone pays their fair share? Rich people buying shit left and right would get taxed in the same way as poor people consuming very little.

    Rich people don't actually consume that much compared to the amount of money they have after a certain point.


    What? It is what they consume that matters. They are not buying 10 $20,000 Honda Civics, they are buying $200 Maseratis, exotic trips, jewelry, boutique clothing, private schools, etc.

    Still not as much compared to their wealth.

    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.
    A flat tax places a disproportionately larger burden on low-income families than high-income families. This really isn't a difficult mathematical concept here. We currently have a progressive tax system, but people aren't diving into lower paying jobs because that's somehow advantageous to them. In a progressive system people still benefit from their wealth.

    Bama on
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    IncenjucarIncenjucar VChatter Seattle, WARegistered User regular
    edited November 2009
    Futurist wrote: »
    So now we are assuming that the rich won't wear jeans or eat? The same rich people still buy groceries, probably more expensive ones and greater amounts. Same with clothes.

    They don't.

    Incenjucar on
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    QuidQuid Definitely not a banana Registered User regular
    edited November 2009
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Or a rock star.

    Quid on
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    QuidQuid Definitely not a banana Registered User regular
    edited November 2009
    Futurist wrote: »
    So now we are assuming that the rich won't wear jeans or eat? The same rich people still buy groceries, probably more expensive ones and greater amounts. Same with clothes.

    If this were true flat taxes wouldn't take up a smaller percentage of their income.

    Quid on
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    FuturistFuturist Registered User regular
    edited November 2009
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Show your math.

    Futurist on
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    LawndartLawndart Registered User regular
    edited November 2009
    Modern Man wrote: »
    Your claim that UPS, and therefore its CEO, are using a disproportionate share of government resources doesn't really hold up.

    Yes, they get the benefit of the law and order agencies that protect us all from roving bands of Huns. But, I don't see any evidence that they get more out of that based on what they pay into the system than anyone else.

    Kudos in single-handedly ending farm subsidies and other forms of corporate welfare.

    Or ignoring them.

    Lawndart on
  • Options
    QuidQuid Definitely not a banana Registered User regular
    edited November 2009
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Show your math.

    Let's make the sales tax 10%. Ten people each spend all of the 50k. So that's 500k spent and 50k returned in taxes.

    The one guy with 500k spends more, yes. But most of it is going to be put into savings or invested since there's only so much a person goes out to buy, but let's be extremely generous and say he spent 300k. That comes out to 30k.

    The one rich person with the most money provided less taxes than the 10 people with 50k.

    Quid on
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    ThanatosThanatos Registered User regular
    edited November 2009
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.
    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.
    Show your math.
    http://www.nytimes.com/2008/02/10/opinion/10cox.html?ref=opinion

    Also, Econ 101: fixed costs are going to drive up the necessary expenditures.

    Thanatos on
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    PotatoNinjaPotatoNinja Fake Gamer Goat Registered User regular
    edited November 2009
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Show your math.

    PROVE IT WITH NUMBERS!

    Actually that's pretty easy. Less income = more likely to spend all your income on taxable goods. I'm kind of amazed you are having trouble wrapping your head around this point.

    PotatoNinja on
    Two goats enter, one car leaves
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    wwtMaskwwtMask Registered User regular
    edited November 2009
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Show your math.

    PROVE IT WITH NUMBERS!

    Actually that's pretty easy. Less income = more likely to spend all your income on taxable goods. I'm kind of amazed you are having trouble wrapping your head around this point.

    I think some people need to take Econ 1 or at least crack an economics text book before trying to argue taxation.

    wwtMask on
    When he dies, I hope they write "Worst Affirmative Action Hire, EVER" on his grave. His corpse should be trolled.
    Twitter - @liberaltruths | Google+ - http://gplus.to/wwtMask | Occupy Tallahassee
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    FuturistFuturist Registered User regular
    edited November 2009
    Quid wrote: »
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Show your math.

    Let's make the sales tax 10%. Ten people each spend all of the 50k. So that's 500k spent and 50k returned in taxes.

    The one guy with 500k spends more, yes. But most of it is going to be put into savings or invested since there's only so much a person goes out to buy, but let's be extremely generous and say he spent 300k. That comes out to 30k.

    The one rich person with the most money provided less taxes than the 10 people with 50k.

    Why can't the guy spend $500K? Sure there is only so much a person can buy. I can show you a room of furniture that costs over $180K. Cars at $200K. People with that kind of money are not buying the same kinds of products you and I are. You are making assumptions based on one side of the argument. The person with $500K can EASILY spend all of it, just like the person with $50K

    Futurist on
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    DeebaserDeebaser on my way to work in a suit and a tie Ahhhh...come on fucking guyRegistered User regular
    edited November 2009
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Show your math.

    PROVE IT WITH NUMBERS!

    Actually that's pretty easy. Less income = more likely to spend all your income on taxable goods. I'm kind of amazed you are having trouble wrapping your head around this point.

    Potato, obviously you aren't thinking about this properly.

    You see a poor person may have a burger for lunch, but a rich person has 200 burgers, because well fuck it.

    Deebaser on
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    IncenjucarIncenjucar VChatter Seattle, WARegistered User regular
    edited November 2009
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Show your math.

    Utilities costs do not increase with income (Cable, Water, Electricity, Gas, Garbage, Sewer)

    Eating at a Ruth's Chris is only about 4X as expensive as eating at a Bistro.

    Meat and Vegetables from Whole Foods do not cost 10X as much as they do at Trader Joe's.

    Premium Gasoline is not 10X more per gallon than regular.

    Incenjucar on
  • Options
    BamaBama Registered User regular
    edited November 2009
    Futurist wrote: »
    The person with $500K can EASILY spend all of it, just like the person with $50K
    You do understand that necessities take up a larger percentage of $50k than $500k, right?

    I mean, really.

    Bama on
  • Options
    FuturistFuturist Registered User regular
    edited November 2009
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Show your math.

    PROVE IT WITH NUMBERS!

    Actually that's pretty easy. Less income = more likely to spend all your income on taxable goods. I'm kind of amazed you are having trouble wrapping your head around this point.

    Just because they are likely to spend all of their money on taxable goods does not mean that they contribute more taxes, overall.

    Futurist on
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    DeebaserDeebaser on my way to work in a suit and a tie Ahhhh...come on fucking guyRegistered User regular
    edited November 2009
    Futurist wrote: »
    Quid wrote: »
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    So what if they spend less compared to their own wealth? They spend much more compared to the wealth of others.

    Since when did income and advantage have to be completely equal in society? It's not, it won't ever be. Get over it.

    Like a shake in a freezer.

    Ten people with 50K incomes provide more sales tax to society than One person with 500K, unless the person with 500K is batshit insane.

    Show your math.

    Let's make the sales tax 10%. Ten people each spend all of the 50k. So that's 500k spent and 50k returned in taxes.

    The one guy with 500k spends more, yes. But most of it is going to be put into savings or invested since there's only so much a person goes out to buy, but let's be extremely generous and say he spent 300k. That comes out to 30k.

    The one rich person with the most money provided less taxes than the 10 people with 50k.

    Why can't the guy spend $500K? Sure there is only so much a person can buy. I can show you a room of furniture that costs over $180K. Cars at $200K. People with that kind of money are not buying the same kinds of products you and I are. You are making assumptions based on one side of the argument. The person with $500K can EASILY spend all of it, just like the person with $50K

    because if he doesn't have the fiscal sense of a paste eating kindergartner, he's going to save/invest a shitload of it.

    Christ Almighty.

    Deebaser on
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    IncenjucarIncenjucar VChatter Seattle, WARegistered User regular
    edited November 2009
    Futurist wrote: »
    Why can't the guy spend $500K? Sure there is only so much a person can buy. I can show you a room of furniture that costs over $180K. Cars at $200K. People with that kind of money are not buying the same kinds of products you and I are. You are making assumptions based on one side of the argument. The person with $500K can EASILY spend all of it, just like the person with $50K

    They CAN.

    They DON'T.

    Incenjucar on
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    Modern ManModern Man Registered User regular
    edited November 2009
    Lawndart wrote: »
    Modern Man wrote: »
    Your claim that UPS, and therefore its CEO, are using a disproportionate share of government resources doesn't really hold up.

    Yes, they get the benefit of the law and order agencies that protect us all from roving bands of Huns. But, I don't see any evidence that they get more out of that based on what they pay into the system than anyone else.

    Kudos in single-handedly ending farm subsidies and other forms of corporate welfare.

    Or ignoring them.
    So, end farm subsidies and corporate welfare. I'm as opposed to handouts to corporations as I am to individuals.

    Modern Man on
    Aetian Jupiter - 41 Gunslinger - The Old Republic
    Rigorous Scholarship

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    ThanatosThanatos Registered User regular
    edited November 2009
    Futurist wrote: »
    Why can't the guy spend $500K? Sure there is only so much a person can buy. I can show you a room of furniture that costs over $180K. Cars at $200K. People with that kind of money are not buying the same kinds of products you and I are. You are making assumptions based on one side of the argument. The person with $500K can EASILY spend all of it, just like the person with $50K
    We don't give a shit what the person theoretically could do. We only care about what the person typically does. And as I illustrated with my earlier link, and as you'd know if you even understood the most basic of economic theory, people with a lot of money spend way less as a percentage of their income than people with less money.

    Thanatos on
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    FuturistFuturist Registered User regular
    edited November 2009
    Incenjucar wrote: »
    Futurist wrote: »
    Why can't the guy spend $500K? Sure there is only so much a person can buy. I can show you a room of furniture that costs over $180K. Cars at $200K. People with that kind of money are not buying the same kinds of products you and I are. You are making assumptions based on one side of the argument. The person with $500K can EASILY spend all of it, just like the person with $50K

    They CAN.

    They DON'T.

    You are wrong. Sorry. Just are.

    Futurist on
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    ThanatosThanatos Registered User regular
    edited November 2009
    Thanatos on
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    PotatoNinjaPotatoNinja Fake Gamer Goat Registered User regular
    edited November 2009
    Deebaser wrote: »
    because if he doesn't have the fiscal sense of a paste eating kindergartner, he's going to save/invest a shitload of it.

    Christ Almighty.

    We're arguing with a guy who was incapable of understanding that you can have more than one bank account by banking with more than one bank.

    PotatoNinja on
    Two goats enter, one car leaves
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    PotatoNinjaPotatoNinja Fake Gamer Goat Registered User regular
    edited November 2009
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    Why can't the guy spend $500K? Sure there is only so much a person can buy. I can show you a room of furniture that costs over $180K. Cars at $200K. People with that kind of money are not buying the same kinds of products you and I are. You are making assumptions based on one side of the argument. The person with $500K can EASILY spend all of it, just like the person with $50K

    They CAN.

    They DON'T.

    You are wrong. Sorry. Just are.

    SHOW YOUR MATH! PROVE IT WITH NUMBERS!!!!!

    PotatoNinja on
    Two goats enter, one car leaves
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    IncenjucarIncenjucar VChatter Seattle, WARegistered User regular
    edited November 2009
    Futurist wrote: »
    Incenjucar wrote: »
    Futurist wrote: »
    Why can't the guy spend $500K? Sure there is only so much a person can buy. I can show you a room of furniture that costs over $180K. Cars at $200K. People with that kind of money are not buying the same kinds of products you and I are. You are making assumptions based on one side of the argument. The person with $500K can EASILY spend all of it, just like the person with $50K

    They CAN.

    They DON'T.

    You are wrong. Sorry. Just are.

    You're a troll, aren't you.

    Incenjucar on
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