OT - Why we should roll back tax cuts for the rich

Instead of investing their tax cuts they are having a grand time overseas:

[url]http://www.cnn.com/2006/AUTOS/10/27/europe.fortune/index.html[/url]

Art wrote:[color=blue]
> Instead of investing their tax cuts they are having a grand time overseas:[/color]

The other end of this spectrum is Marxism ("from each according to his
ability, to each according to his need"), which is much worse.

If individual effort is not rewarded, then there is no incentive to
perform. Would you work two jobs if you were not paid for the second
one and your pay from the first one was cut?

On Sun, 29 Oct 2006 00:16:45 GMT, "Art"
<begunaNOSPAMPLEASE@mindspring.com> wrote:
[color=blue]
>Instead of investing their tax cuts they are having a grand time overseas:
>
>[url]http://www.cnn.com/2006/AUTOS/10/27/europe.fortune/index.html[/url]
>
>[/color]

Oh we forgot you were a poor dim Dim.....

Class envy....

I took delivery of a new BMW in Europe. You should try it,
Art....instead of envying those of us fortunate enough to be able to
do it...


--

Scott in Florida

"Scott in Florida" <askifyouwant@mindspring.net> wrote in message
news:gqt7k2pjqd66tceencrkft2bkbe26n2k2c@4ax.com...[color=blue]
> On Sun, 29 Oct 2006 00:16:45 GMT, "Art"
> <begunaNOSPAMPLEASE@mindspring.com> wrote:
>[color=green]
>>Instead of investing their tax cuts they are having a grand time overseas:
>>
>>[url]http://www.cnn.com/2006/AUTOS/10/27/europe.fortune/index.html[/url]
>>
>>[/color]
>
> Oh we forgot you were a poor dim Dim.....
>
> Class envy....
>
> I took delivery of a new BMW in Europe. You should try it,
> Art....instead of envying those of us fortunate enough to be able to
> do it...
> Scott in Florida[/color]


I know it was subtle, and intended for a smarter audience, but I think Art's
point was that the money is not going where President Air Head thought it
would go. Ask your soap dish to explain this to you, Scottie boy.

When you include social security withholding, the marginal tax rate of the
rich is lower than the middle class. Also since when is working less
important than investing. Why should tax rates on dividends and capital
gains be half what what the middle class pay for taxes on the work income.
WHere is the incentive to work if you are paying higher tax rate than
investors????


"larwe" <zwsdotcom@gmail.com> wrote in message
news:1162081306.434516.56300@k70g2000cwa.googlegroups.com...[color=blue]
>
> Art wrote:[color=green]
>> Instead of investing their tax cuts they are having a grand time
>> overseas:[/color]
>
> The other end of this spectrum is Marxism ("from each according to his
> ability, to each according to his need"), which is much worse.
>
> If individual effort is not rewarded, then there is no incentive to
> perform. Would you work two jobs if you were not paid for the second
> one and your pay from the first one was cut?
>[/color]

"JoeSpareBedroom" <dishborealis@yahoo.com> wrote in message
news:1xT0h.4203$ya1.1296@news02.roc.ny...[color=blue]
> "Scott in Florida" <askifyouwant@mindspring.net> wrote in message
> news:gqt7k2pjqd66tceencrkft2bkbe26n2k2c@4ax.com...[color=green]
>> On Sun, 29 Oct 2006 00:16:45 GMT, "Art"
>> <begunaNOSPAMPLEASE@mindspring.com> wrote:
>>[color=darkred]
>>>Instead of investing their tax cuts they are having a grand time
>>>overseas:
>>>
>>>[url]http://www.cnn.com/2006/AUTOS/10/27/europe.fortune/index.html[/url]
>>>
>>>[/color]
>>
>> Oh we forgot you were a poor dim Dim.....
>>
>> Class envy....
>>
>> I took delivery of a new BMW in Europe. You should try it,
>> Art....instead of envying those of us fortunate enough to be able to
>> do it...
>> Scott in Florida[/color]
>
>
> I know it was subtle, and intended for a smarter audience, but I think
> Art's point was that the money is not going where President Air Head
> thought it would go. Ask your soap dish to explain this to you, Scottie
> boy.
>[/color]
I believe Scott still drives an 88 Corolla. And the only part of Europe
he's seen was a Epcot.

[color=blue]
> When you include social security withholding, the marginal tax rate of the
> rich is lower than the middle class.[/color]

And why should this not be so? Exactly how many retired strangers,
convicted criminals, useless bureaucrats and illegal immigrants should
every working American aspire to support?

I repeat: if individual effort is not rewarded, it dies out. If you
invent a new kind of mousetrap and everyone buys your design, you'd
expect to become rich, no?
[color=blue]
> Also since when is working less important than investing.[/color]

It's simply a different function.
[color=blue]
> Why should tax rates on dividends and capital
> gains be half what what the middle class pay for taxes on the work income.[/color]

Capital gains should be untaxed, in my view. But that's a separate
story. You need to define what you mean by middle class, also - and
it's not a salary figure, it's a salary-vs-local-cost-of-living index.
[color=blue]
> WHere is the incentive to work if you are paying higher tax rate than
> investors????[/color]

The difference is very simple: When you work, you are guaranteed
income. When someone invests, it is a speculation with only a
/possibility/ of income. There is risk. Tax "breaks" on investment are
designed to encourage people to risk their money in new ventures. These
ventures create employment. The taxes withheld from these employees
more than pay for the "breaks" given to the investors.

Would you accept a tax "break" if you were told that every week there
would be a 40% chance you'd get a paycheck, a 30% chance you'd get no
paycheck, and a 30% chance you'd have to pay your employer to keep the
business running until next week?

Think about it.

Scott in Florida wrote:
[color=blue]
> On Sun, 29 Oct 2006 00:16:45 GMT, "Art"
><begunaNOSPAMPLEASE@mindspring.com> wrote:[/color]
[color=blue][color=green]
>>Instead of investing their tax cuts they are having a grand time overseas:[/color][/color]
[color=blue][color=green]
>>[url]http://www.cnn.com/2006/AUTOS/10/27/europe.fortune/index.html[/url][/color][/color]
[color=blue]
>Oh we forgot you were a poor dim Dim.....[/color]
[color=blue]
> Class envy....[/color]
[color=blue]
>I took delivery of a new BMW in Europe. You should try it,
>Art....instead of envying those of us fortunate enough to be able to
>do it...[/color]

I probably make more money than you, but money never makes a person
better than anyone else.

And why would anyone want a car with the silly iDrive control system
when Lexus is available without that nonsense?

On Sun, 29 Oct 2006 03:39:46 GMT, "Art"
<begunaNOSPAMPLEASE@mindspring.com> wrote:
[color=blue]
>When you include social security withholding, the marginal tax rate of the
>rich is lower than the middle class. Also since when is working less
>important than investing. Why should tax rates on dividends and capital
>gains be half what what the middle class pay for taxes on the work income.
>WHere is the incentive to work if you are paying higher tax rate than
>investors????[/color]

So people will invest.

That creates jobs.

Pretty simple, really.

Art...go to the corner and put the dunce hat on!

[color=blue]
>
>
>"larwe" <zwsdotcom@gmail.com> wrote in message
>news:1162081306.434516.56300@k70g2000cwa.googlegroups.com...[color=green]
>>
>> Art wrote:[color=darkred]
>>> Instead of investing their tax cuts they are having a grand time
>>> overseas:[/color]
>>
>> The other end of this spectrum is Marxism ("from each according to his
>> ability, to each according to his need"), which is much worse.
>>
>> If individual effort is not rewarded, then there is no incentive to
>> perform. Would you work two jobs if you were not paid for the second
>> one and your pay from the first one was cut?
>>[/color]
>[/color]

--

Scott in Florida

On Sun, 29 Oct 2006 03:41:39 GMT, "Art"
<begunaNOSPAMPLEASE@mindspring.com> wrote:
[color=blue]
>
>"JoeSpareBedroom" <dishborealis@yahoo.com> wrote in message
>news:1xT0h.4203$ya1.1296@news02.roc.ny...[color=green]
>> "Scott in Florida" <askifyouwant@mindspring.net> wrote in message
>> news:gqt7k2pjqd66tceencrkft2bkbe26n2k2c@4ax.com...[color=darkred]
>>> On Sun, 29 Oct 2006 00:16:45 GMT, "Art"
>>> <begunaNOSPAMPLEASE@mindspring.com> wrote:
>>>
>>>>Instead of investing their tax cuts they are having a grand time
>>>>overseas:
>>>>
>>>>[url]http://www.cnn.com/2006/AUTOS/10/27/europe.fortune/index.html[/url]
>>>>
>>>>
>>>
>>> Oh we forgot you were a poor dim Dim.....
>>>
>>> Class envy....
>>>
>>> I took delivery of a new BMW in Europe. You should try it,
>>> Art....instead of envying those of us fortunate enough to be able to
>>> do it...
>>> Scott in Florida[/color]
>>
>>
>> I know it was subtle, and intended for a smarter audience, but I think
>> Art's point was that the money is not going where President Air Head
>> thought it would go. Ask your soap dish to explain this to you, Scottie
>> boy.
>>[/color]
>I believe Scott still drives an 88 Corolla. And the only part of Europe
>he's seen was a Epcot.[/color]

You would be wrong....

I drive a '92 Corolla Wagon.

I lived in Europe for two years.

Get your facts straight...



--

Scott in Florida

On 29 Oct 2006 01:11:02 -0800, [email]rantonrave@mail.com[/email] wrote:
[color=blue]
>
>Scott in Florida wrote:
>[color=green]
>> On Sun, 29 Oct 2006 00:16:45 GMT, "Art"
>><begunaNOSPAMPLEASE@mindspring.com> wrote:[/color]
>[color=green][color=darkred]
>>>Instead of investing their tax cuts they are having a grand time overseas:[/color][/color]
>[color=green][color=darkred]
>>>[url]http://www.cnn.com/2006/AUTOS/10/27/europe.fortune/index.html[/url][/color][/color]
>[color=green]
>>Oh we forgot you were a poor dim Dim.....[/color]
>[color=green]
>> Class envy....[/color]
>[color=green]
>>I took delivery of a new BMW in Europe. You should try it,
>>Art....instead of envying those of us fortunate enough to be able to
>>do it...[/color]
>
>I probably make more money than you, but money never makes a person
>better than anyone else.
>
>And why would anyone want a car with the silly iDrive control system
>when Lexus is available without that nonsense?[/color]

Different strokes.....


--

Scott in Florida

<rantonrave@mail.com> wrote in message
news:1162113062.374840.265420@e3g2000cwe.googlegroups.com...[color=blue]
>
> Scott in Florida wrote:
>[color=green]
>> On Sun, 29 Oct 2006 00:16:45 GMT, "Art"
>><begunaNOSPAMPLEASE@mindspring.com> wrote:[/color]
>[color=green][color=darkred]
>>>Instead of investing their tax cuts they are having a grand time
>>>overseas:[/color][/color]
>[color=green][color=darkred]
>>>[url]http://www.cnn.com/2006/AUTOS/10/27/europe.fortune/index.html[/url][/color][/color]
>[color=green]
>>Oh we forgot you were a poor dim Dim.....[/color]
>[color=green]
>> Class envy....[/color]
>[color=green]
>>I took delivery of a new BMW in Europe. You should try it,
>>Art....instead of envying those of us fortunate enough to be able to
>>do it...[/color]
>
> I probably make more money than you, but money never makes a person
> better than anyone else.
>
> And why would anyone want a car with the silly iDrive control system
> when Lexus is available without that nonsense?
>[/color]

Maybe Scott loves his mechanic too much.

"Scott in Florida" <askifyouwant@mindspring.net> wrote in message
news:de89k2tfmptv7veuvhgc3p6qa4fi0dmmtb@4ax.com...[color=blue]
> On Sun, 29 Oct 2006 03:39:46 GMT, "Art"
> <begunaNOSPAMPLEASE@mindspring.com> wrote:
>[color=green]
>>When you include social security withholding, the marginal tax rate of the
>>rich is lower than the middle class. Also since when is working less
>>important than investing. Why should tax rates on dividends and capital
>>gains be half what what the middle class pay for taxes on the work income.
>>WHere is the incentive to work if you are paying higher tax rate than
>>investors????[/color]
>
> So people will invest.
>
> That creates jobs.
>
> Pretty simple, really.
>
> Art...go to the corner and put the dunce hat on![/color]

Invest where? Another country? Your automobile purchase created no jobs
here.

Scott -

Don't you just love it when you get under the Libs' / Dims' skin and
they revert back to juvenile name calling because they can't think of
anything better to say? I'm having flashbacks to Learning Richard,
LOL.


Scott in Florida wrote:[color=blue]
> On Sun, 29 Oct 2006 00:16:45 GMT, "Art"
> <begunaNOSPAMPLEASE@mindspring.com> wrote:
>[color=green]
> >Instead of investing their tax cuts they are having a grand time overseas:
> >
> >[url]http://www.cnn.com/2006/AUTOS/10/27/europe.fortune/index.html[/url]
> >
> >[/color]
>
> Oh we forgot you were a poor dim Dim.....
>
> Class envy....
>
> I took delivery of a new BMW in Europe. You should try it,
> Art....instead of envying those of us fortunate enough to be able to
> do it...
>
>
> --
>
> Scott in Florida[/color]

On 30 Oct 2006 04:17:14 -0800, "Mark" <bogusmailmark@yahoo.com> wrote:
[color=blue]
>Scott -
>
>Don't you just love it when you get under the Libs' / Dims' skin and
>they revert back to juvenile name calling because they can't think of
>anything better to say? I'm having flashbacks to Learning Richard,
>LOL.[/color]

LOL....yup.

The ALL do it.

Some take longer than others....but they all revert to it...

[color=blue]
>
>
>Scott in Florida wrote:[color=green]
>> On Sun, 29 Oct 2006 00:16:45 GMT, "Art"
>> <begunaNOSPAMPLEASE@mindspring.com> wrote:
>>[color=darkred]
>> >Instead of investing their tax cuts they are having a grand time overseas:
>> >
>> >[url]http://www.cnn.com/2006/AUTOS/10/27/europe.fortune/index.html[/url]
>> >
>> >[/color]
>>
>> Oh we forgot you were a poor dim Dim.....
>>
>> Class envy....
>>
>> I took delivery of a new BMW in Europe. You should try it,
>> Art....instead of envying those of us fortunate enough to be able to
>> do it...
>>
>>
>> --
>>
>> Scott in Florida[/color][/color]

--

Scott in Florida