tony286

4 percent more is all their money?

Sly

If it's not, then every tax bracket should have no problem taking the same increase. Are you willing to pay another 4%?

Edit: sorry, I thought you said "a lot of money." Either way, you know what he meant. Requesting that others pay another 4% while not offering it up for every tax bracket is just silly.

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tony286

Because what Freddie is saying is true. If you have a business and you need more employees and 4 percent is going to stop you from hiring? Lets looks at it,you make $400k a year. So 150k of your taxes is raised 4 percent that's 6k. Lets divide it by 12, that $500 a month.

Robbie

Especially since middle class and lower income taxes are also at "historical lows"

What's good for the goose should be good for the gander.

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tony286

Of course I did, I was busting his balls. I have great respect for Robbie,this verbal joosting is just fun for both of us. In the end I doubt the people who matter are reading this board and saying thats the idea we needed to go with.

Robbie

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12clicks

Oh look, more of society's bottom buying into the bullshit.

Here's another peice of mythology: raising taxes on the rich will meaningfully lower the deficit, curb spending, and strengthen the economy.

Love these lifetime losers looking for a way to gouge their betters.

Work harder. Then you might actually become productive.

_Richard_

thread is over everyone, good night.

tony286

Actually Fred Smith is your better.

12clicks

So just imagine how far down the totem pole you are then.

mineistaken

Wait are you saying that increasing taxes creates jobs? The less profitable the company is (more taxes) the more likely it is going to create new jobs?

mineistaken

It will stop some from hiring. For instance those that were deciding to hire or not and pros and cons were 50/50, this increase could sway to "not hiring".

And stop saying 4 percent, its 4 POINTS. In percentage its way more than 4% increase. If you run serious business you know that 4 points is pretty big factor.

Robbie

And not only that...but for someone to think that the tax rate had anything to do with the job "creation" during Clinton's years is a joke.

I'll say it for the millionth time...it was the explosion of the Internet and the tech bubble that fueled the economy and created jobs during the 1990's.

Clinton was smart enough to make sure the internet was NOT taxed.

People pretending that they don't know that and saying that higher taxes created jobs during the 1990's are just being silly and acting stupid.

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epitome

11 pages in. Has the world been fixed or is everything exactly the same?

tony286

no it didnt make a difference. its demand that creates employment not taxes. you got a pizza place if demand for your pizza doesnt go up. you aint adding no one no matter if they made your taxes zero.

tony286

no its not its 4 percent ,its going back to what it was from 35 back to 39. If you have high demand where you need people $500 a month is not going to stop you from hiring.Because in a serious business if your customers arent taken care of you have no business.

Robbie

Agreed. If you are selling stuff like crazy and your business grows, you are going to possibly need more employees.

Of course it taxes are too high...your biz won't grow. I don't think they were too high to hurt business at all during Clinton's years.

But to just raise taxes because you can is wrong. Especially when all it does is give money to a corrupt bunch of career politicians to spend on a giant military we don't need to kill people and invade other countries.

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Robbie

Here's my question...how come EVERYBODY'S taxes aren't going up to where they were during the Clinton years?

If it's so great, then why do only the rich get to "profit" from paying those golden years tax rates? Why?

Because they know that raising taxes on people doesn't help anything. So they aren't gonna raise them on everyone.

But to be politically expedient in a class war, they are going to raise taxes on the rich to make everyone feel "good".

And the worst part of it is...it won't help ANY of the poor people who think this is a great idea.
They will spend the majority of any revenue raised on the military. And the money left, Congress will find a way to spend that too. They always do.

They never really "Cut" spending.

Every once in a while they will not increase spending quite as much as they at first predicted. So they call that a "cut" even though it still an increase.

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tony286

I agree about the military. If he was a true liberal,they would all be home from this war.

mineistaken

What if you had a profit of 250$/month and now you will have 250$ loss due to those extra 500$?
You are not thinking clearly, you have no idea how companies operate and how tight are budgets and margins. 4 points is pretty big deal. You must recalculate your business plan with that, its not just "hey only 500$/month extra".
Yes to MOST of the companies it won't be a stopping factor, but there are plenty of 50/50 companies that can be made or broken because of minor things. 50/50 situations can become 49/51 situations.
It IS a factor. And again its MORE than 4 PERCENT. Its 4 POINTS. 4 points increase if pretty serious. Most won't be broken, but SOME may. And most importantly - it won't create any jobs, most optimistic is that it won't destroy any jobs. Thats the VERY MOST optimistic which won't happen.

Relentless

Robbie,

The thing I like most about this industry is the number of people working in it who have very diverse backgrounds and are extremely bright. MBAs, former medical professionals, concert hall symphony conductors, day traders, lawyers, restaurant owners, writers, television execs, magazine publishers, chefs... The list goes on and on. It's unlike any other industry, in that nobody went to school and studied to get a degree in how to sell porn online. So the industry is made entirely of people bringing vastly different skill sets to the game and finding creative ways to move forward. That makes the industry fun for me, I could make a profit in other industries and have done so, but the people weren't nearly as enjoyable to work or chat with in those fields. If I thought the people in the conversation here were somehow 'beneath me' I wouldn't waste my time replying or reading the replies of others. Sure there are some asshats, but overall the discussions on GFY and other porn boards have proven to be better, more interesting and more enlightening than online discussions anywhere else. You shouldn't be so defensive.. If I thought little of you I would say so or just ignore you entirely.

The fact that we are often replying to each other shows that we have mutual respect for each others viewpoints.. Otherwise why would we both be replying at all? I've learned a lot during my time in this industry, and a lot from my time in other industries before being in this one. I'm sure you have learned plenty as well... I take no offense at the fact that we disagree, and I believe you should not either ;)

Relentless

We are like 17 posts away from solving the whole thing and everyone reaching total agreement. ;)

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mineistaken

You can not fix when majority (ok 47%) of people has no clue what is best to their country.

Robbie

Relentless you are over thinking this.

The simple facts are that Tony busted my balls. As I lay on the ground with my testicles split in two...I desperately looked around for a set of somebody else's balls to bust.
You just happened to walk by with your balls swinging.

So with my last breath I reached out and nailed your balls too. I don't like to suffer alone man!

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tony286

Its like ball busting tag lol

epitome

Haha like that will happen. I don't think a single mind has ever been changed in a political thread on GFY.

crockett

Umm SS is completely different and is an entirety different deduction that is taken out of a paycheck... Have you never worked a day in your life and received a paycheck?

crockett

Shouldn't you be begging for some welfare joins from people that still feel sorry enough to send you traffic.

woj

Here is a typical payment stub:


Please point out where the "payroll taxes" are...

Federal Tax, the tax we are discussing is a tax that 47% of people don't pay (or they pay, and then get a refund at the end of the year)

The following are not really taxes, you are supposedly going to get what you put in when you retire, so one can look at it more like forced saving:
Social Security, half of 12.4% or whatever percent, the other half was paid by employer...
Medicare, half of 2.9% or whatever percent, the other half was paid by employer

and actually, in theory you will get back 2x in social security benefits of what you put in, since you are only paying half of the required contribution, so it wouldn't be much of a stretch to even call this a "negative tax"...

City and State taxes are not in any way related to federal taxes

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Relentless

When in your mind did this turn into a FemDom fantasy thread?! Hahaha

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Sly

Social security is exactly what he said.

Everyone doesn't receive the same Social Security benefits when it's time to collect. Those that paid more in, get more back. Many receive enough money from Social Security, due to what they paid in, that would support a family today.

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Robbie

Somewhere on page 2 I think?

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12clicks

its amazing how the rabble look at business.

son, every one of my employees makes more than you do in this business.

And because of your limited intelligence, they always will.

12clicks

The sad reality in America is that we've finally reached the tipping point where the uneducated, unable, envy the successful. Having NEVER worked as hard as their successful brethren to get ahead but imagining they have, these gutless wonders now look upon the successful as being lucky, being born into it, or cheating. Non of which is true.
We now have a president who, knowing he can't tax his base, has singled out that part of the population that wouldn't vote for him anyway (the successful) and demonized them over and over. The rabble ate it up and thats reflected in the polls.
What the rabble fail to understand is that the successful will protect their money from this anti-American president, the economy will get worse, and then the tax man will come for the rabble. They'll be shocked as they were promised that taxing the rich would cure all ills.
but the bottom of society can not be other than it is.
the bottom of society now posts on chat boards how we should tax the rich.
during work hours when they should be out working, like their betters did to get ahead.

If we had an intelligent electorate, we would be standing together forbidding the politicians from taking one dime more, but we don't. We have a vile, envious, lazy electorate who's not smart enough to understand the divide and conquer tactics of the politicians.

Robbie

I agree with you 12clicks...taking out the offensive wording, what you are saying is pretty much the truth.

Nobody should want anyone else to give our corrupt govt. MORE money to spend on wars and shuttling the cash back to their cronies at home.

But give the devil his due...the public relations work in the media has been magnificent.

If you had told me 20 years ago (or at anytime in history), that people would be begging for MORE taxes...I would have never, ever believed it.

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tfs

Better idea would be to sell your poor off to the Chinese so they can make Levi's and Nike's and shit for $30 a month and stop being a burden on the American taxpayer.

crockett

If Republicans realized their dream, they would wake up living in Afghanistan..

BFT3K

One by one the tea baggers will drop out of the GOP.

Either that or they will sink the party with the weight of their stupidity.

A win-win for America, regardless...

crockett

No he was saying SS was the same as Fed withholding tax that is taken out of employees paychecks. IE the reason 47% don't pay Federal Income tax at the end of the year because they have already paid it via having it taken out of their checks each week by their employer.

I mean Jesus Christ have none of you ever seen a fucking paycheck before? Random paycheck example from the internet for those that have never had one of their own..




Notice there is a deduction called "FEDERAL INCOME TAX"? That's the fucking Federal Income Tax that comes out of your paycheck IE PAYROLL Tax. It's also the reason the so-called 47% don't owe Federal Income tax at the end of the year, because they ALREADY paid it and owe nothing.

Seriously this isn't rocket science or a hard concept to understand, It's fucking basic math.. Those 47% don't pay at the end of the year because they have paid all year long and their withholdings were enough to cover their tax debt and often too much which results in a Federal Income tax "Return".


Social Security is completely fucking different deduction and an entirely different thing. Same as Medicare yet another deduction that is not your Federal Income tax..

The 47% that the Right Wing dip shits keep mouthing off about if deliberate misrepresentation of the facts and they get away with because people are too fucking stupid to know any better. They just listen to their Fox News mouth pieces and call themselves informed.


The best is 12clicks.. claims he has employees but too stupid to know that Federal Income taxes are taken out of their checks each week.. The checks one might assume he must sign..

woj

federal income tax is taken out of employees checks and paid to the federal government on employee's behalf, it is NOT payroll tax.. the quoted 47% number, means that for the whole year, net federal income tax paid was zero...

payroll tax is social security + medicare...

in that propaganda piece, err, I mean "study" you posted:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3505

"About half of taxpayers paid no federal income tax last year. It does not mean they paid no tax at all. Many shelled out Social Security and Medicare payroll taxes."

I have no idea which part you find confusing or ambiguous, that quote above is as clear as it gets...

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12clicks

Oh, the devil gets his due for sure but let's not get confused. The rabble being targeted aren't begging for more taxes, they're begging for OTHERS to be taxed.
And when you look at the crocketts of the world and understand that THAT is the make up of voter intelligence, you get an understanding of why they're so easily duped by politicians

12clicks

He has the intelligence of a 5 year old, Woj. He finds tying his shoes confusing and ambiguous.

woj

come on, there is no need to belittle people like that... we are here to have a civil discussion... he probably just misunderstood terminology used, but it's not really his fault, the left wing media does a good job of brainwashing people, so I don't really blame him...

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12clicks

I suggest you look back on his posts, see that his idiot intelligence level has caused him to imagine I'm wrong (like that ever happens) and see what he's said about me.
He's trash, easily duped by guys not smart enough to take my lunch order.

12clicks

Ahahaha! Just heard Howard Deam say,"taxing the rich is a nice start but we need everyone to pay more"

Hahaha, you trash are going to get EXACTLY what you DESERVE.
Those of us with the means will protect our incomes. You can't. You voted for it. Hahaha

Barefootsies

Five hundred and fiddy lessons in economics delivered by 12clicks.

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"Would you rather live like a king for a year or like a prince forever?"

bhutocracy

Tax cuts on the lower classes have more of a stimulatory effect. Given someone on 30k an extra $30 a week and it's spent instantly on whatever, groceries, bills, beer, cigarettes.. That money goes into the corner shop where they bought milk or cigarettes, goes to the milk and cigarette companies and comes back taxed several times. Given there are a hell of a lot more people on 30k than in the top bracket all those people buying groceries end up creating demand for small business and the products the 1% create.

Give someone like me extra money and i'm putting it into the market to bet on derivatives for an oil drill which was already in progress no matter whether I invested or not. And you'd get smaller cap gains tax on any profit.

As much as it pains me in the short term, I'd rather the guys that can't keep a dollar in their pocket get the tax cut as I know in the end I benefit.

Minte

Go away for two days and I have some catching up to do!

Relentless

My advice is turn away when you get to the pic Robbie posted... Or make sure images are OFF in your browser ;)

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crockett

12clicks is just a one trick pony he always has been, he always will be. He never has anything to add to these topics other that random insults and play's the part of 12 year old keyboard warrior.