Proposing new taxes... 70%?

[07pilt]

That's not my quibble at all. My quibbles are

Your previous post made it sound like you were mainly pissed that taxes hurt you as much as they hurt P Diddy.

1) that the government continues to expand its reach and require more taxes to pay for services that it should never be in the business of. (Free college, free pre-school, free lunches, free cell phones, free medical, just free shit. Dems have come a LONG ASS WAY from "Ask not what your country can do for you".

Deeply ironic on the Kennedy quote. BTW all the things you listed have a positive return on investment and increase the general welfare which is explicitly enumerated in the constitution as something the government should be in the business of.

2) that the government considers different incomes differently and thus places the burden of paying for all this free shit on the working class while criticizing the vices of the wealthy class as if they were one and the same.

Here it seems like your quibble is the number of brackets and that tax rates aren't progressive enough.

3) that to hide the economic costs of all of these programs, they structure impact and utilize debt to finance operational activities to kick the can down the road to future generations (or electorates) to deal with when it comes to negative consequences. (Btw, both parties do this > All of the worst provisions in ObamaCare (such as the Cadillac tax) kicked in after 2016 when Obama would no longer be president as one example, and for the opposite, the President's tax cut plan actually rolls back all of the non-corporate rate cuts starting in 2024 so that next president can deal with it). They do this knowing that if they had to actually Pay as you go and work on a budget, that the country would revolt against the shit they do.

Almost all of this is because if stupid congressional rules like Pay-Go, and the foolish misconception that taxes fund the government rather than sterilize excess dollars in the banking system.

 

[CSCOTTOSUPOKES]

I don't care.

Why?

 

[07pilt]

Why?

Probably because it he isn't poor.

 

[CSCOTTOSUPOKES]

Probably because it he isn't poor.

He could be upper middle class and it still wouldn’t make sense not to care lol

 

[aix_xpert]

Your previous post made it sound like you were mainly pissed that taxes hurt you as much as they hurt P Diddy.

No, more like the NCAA punishing Western Kentucky because Kentucky cheated.

Deeply ironic on the Kennedy quote. BTW all the things you listed have a positive return on investment and increase the general welfare which is explicitly enumerated in the constitution as something the government should be in the business of.

By who's measure do they have a positive ROI? And I disagree that they increase the general welfare. They reward bad behavior and laziness and thus incentivize more bad behavior and laziness. Welfare is better served by the church and charities who can get personally involved and help those willing to help themselves than by a faceless, mindless government.

Here it seems like your quibble is the number of brackets and that tax rates aren't progressive enough.

Less about number of brackets but more about ensure that everyone pays their fair share. I'm not against progressive tax rates. My issue is that because I made my million by sitting in my chair trading stocks, I pay a significantly less tax rate than I would having made the EXACT same amount working 50 hour weeks. Treating income made the way millionaires make it differently than income made the way the working class makes it is wrong.

Almost all of this is because if stupid congressional rules like Pay-Go, and the foolish misconception that taxes fund the government rather than sterilize excess dollars in the banking system.

It's funny. You call it a foolish misconception. Its only so, because we've become so dependent within our economy of the Fed using our debt to prop up the economy. The government and the economy can and would function without us running an annual deficit.

 

[07pilt]

By who's measure do they have a positive ROI? And I disagree that they increase the general welfare. They reward bad behavior and laziness and thus incentivize more bad behavior and laziness. Welfare is better served by the church and charities who can get personally involved and help those willing to help themselves than by a faceless, mindless government.

Free college has a positive return on investment by increasing the human capital in the economy.
free pre-school has a positive return on investment by increasing the human capital in the economy.
free lunches has a positive return on investment by increasing the human capital in the economy (Childhood nutrition has a large effect on IQ and academic success)
free cell phones has positive return on investment by increasing employment
free medical has a positive return on investment by being lower cost than private medical insurance

None of the above rewards bad behavior or laziness, unless of course you think kids should be working their way through pre-K and driving ubers to pay for their school lunches.

Less about number of brackets but more about ensure that everyone pays their fair share. I'm not against progressive tax rates. My issue is that because I made my million by sitting in my chair trading stocks, I pay a significantly less tax rate than I would having made the EXACT same amount working 50 hour weeks. Treating income made the way millionaires make it differently than income made the way the working class makes it is wrong.

Welcome to the struggle comrade.

It's funny. You call it a foolish misconception. Its only so, because we've become so dependent within our economy of the Fed using our debt to prop up the economy.

That's a word salad. The Fed sets short term interest rates. They don't "use our debt to prop up the economy."

The government and the economy can and would function without us running an annual deficit.

This is false. Private savings are equal to public debt. A balanced government budget or god forbid a surplus requires the Private sector to increase leverage, which is not sustainable.

 

[HighStickHarry]

hoe Does free college work? What are the profs paid? Are Harvard profs paid more than osu?

 

[07pilt]

hoe Does free college work? What are the profs paid? Are Harvard profs paid more than osu?

Free public college. Harvard is outside the scope.

 

[HighStickHarry]

Oh rich people still get their better education while all public universities stop competing with each other for the brightest students.

 

[Alpha Poke]

Oh rich people still get their better education while all public universities stop competing with each other for the brightest students.

They can have the Asians.

 

[Ostatedchi]

Free public college.

Any time a Democrat says the word 'free', grab your wallet because they are coming for it.

 

[07pilt]

Any time a Democrat says the word 'free', grab your wallet because they are coming for it.

Better believe

 

[07pilt]

Oh rich people still get their better education while all public universities stop competing with each other for the brightest students.

Almost like K-12

 

[HighStickHarry]

Almost like K-12

It will be based on local taxes and poor neighborhoods will have a shitty colleges?

 

[07pilt]

It will be based on local taxes and poor neighborhoods will have a shitty colleges?

No, just in the way that rich kids can pay to go to private school

 

[Medic007]

I love the use of the word "free."

 

[CBradSmith]

They can have the Asians.

Adversely selected against.

 

[HighStickHarry]

No, just in the way that rich kids can pay to go to private school

But the public colleges they will be way better than k-12? Better run than the VA? You people have it figured out this time?

 

[07pilt]

But the public colleges they will be way better than k-12? Better run than the VA? You people have it figured out this time?

Same public colleges we have now.

 

[long-duc-dong]

They can have the Asians.

 

[Ostatedchi]

I'd almost go for it if it was only in specific degree fields. None of the soft degree fields like political science, journalism, women's studies, etc. You want to become an engineer, chemist, physicist, mathematician? Okay.

 

[HighStickHarry]

Same public colleges we have now.

Fake news. 30 years ago 90% of college budgets came from the state. Today it is less than 10. You are going to provide federal money to make up for that then you are going to provide federal oversight of that. All the bells and whistles that colleges use to attract students will be gone. The best profs going to the most successful public universities will be a thing of the past. Donors which are the lifeblood of innovation technology will dry up.

 

[07pilt]

I'd almost go for it if it was only in specific degree fields. None of the soft degree fields like political science, journalism, women's studies, etc. You want to become an engineer, chemist, physicist, mathematician? Okay.

All college degrees are valuable, just some more than others.

 

[Medic007]

Welcome to the struggle comrade.

Do you actually agree that all income regardless of source should be taxed just like ordinary income? Get rid of the perks of the capital gains tax system and tax exempt bond interest and what not?

 

[07pilt]

Fake news. 30 years ago 90% of college budgets came from the state. Today it is less than 10. You are going to provide federal money to make up for that then you are going to provide federal oversight of that. All the bells and whistles that colleges use to attract students will be gone. The best profs going to the most successful public universities will be a thing of the past. Donors which are the lifeblood of innovation technology will dry up.

Colleges are already federally funded and subject to oversight. You think the donors paying for research will stop because tuition is being paid by the feds?

 

[CBradSmith]

All college degrees are valuable, just some more than others.

Value relative to the cost to obtain.

 

[07pilt]

Do you actually agree that all income regardless of source should be taxed just like ordinary income? Get rid of the perks of the capital gains tax system and tax exempt bond interest and what not?

Absolutely, but I also believe that corporate taxes should be eliminated.

 

[CBradSmith]

Value relative to the cost to obtain.

Employability. ROR. Nifty stuff like that.

 

[HighStickHarry]

I'd almost go for it if it was only in specific degree fields. None of the soft degree fields like political science, journalism, women's studies, etc. You want to become an engineer, chemist, physicist, mathematician? Okay.

Are we being cheated of these professions now? Poor people get grants. Military get tuition books housing. Would free tuition tap into this market of people smart enough to be those things but somehow get left out? Everybody who wants to and can be an engineer can do it now. Vocational schools are cheap and that provides a skill to pay for anything. The best engineers on the planet are the ones who come from a farm or blue collar background.

 

[07pilt]

Value relative to the cost to obtain.

The actual cost to get a bunch of adjuncts to give me an English degree is way lower than the cost to lure enough engineering professors away from the private sector to give me an engineering degree.

 

[07pilt]

Employability. ROR. Nifty stuff like that.

Trump economy, everyone is employable. Big Don pulling folks out of retirement.

 

[CBradSmith]

The actual cost to get a bunch of adjuncts to give me an English degree is way lower than the cost to lure enough engineering professors away from the private sector to give me an engineering degree.

Nevermind. When I was in school, universities charged by the credit hour.

 

[CBradSmith]

Trump economy, everyone is employable. Big Don pulling folks out of retirement.

Apparently

 

[07pilt]

Nevermind. When I was in school, universities charged by the credit hour.

Yes, but do you think the actual cost to the school was flat per credit hour?

 

[CBradSmith]

Yes, but do you think the actual cost to the school was flat per credit hour?

It was experienced flatly by student borrowers.

 

[HighStickHarry]

Colleges are already federally funded and subject to oversight. You think the donors paying for research will stop because tuition is being paid by the feds?

Is the tuition rate going to continue to skyrocket when the feds take over? Oklahoma state has been under constant improvement over the last 20 years. Putting those schools under the thumb of your federal overlords is going to just keep that going?

How would osu and noc be different if prof salaries are regulated by the federal government?

 

[07pilt]

It was experienced flatly by student borrowers.

And in the end English majors we're subsidizing engineering majors

 

[Medic007]

Absolutely, but I also believe that corporate taxes should be eliminated.

I could be on board with that.

 

[07pilt]

Is the tuition rate going to continue to skyrocket when the feds take over? Oklahoma state has been under constant improvement over the last 20 years. Putting those schools under the thumb of your federal overlords is going to just keep that going?

How would osu and noc be different if prof salaries are regulated by the federal government?

Who said anything about thumbs and proof salaries?

 

[CBradSmith]

And in the end English majors we're subsidizing engineering majors

And ultimately losing long term.

On the very first day of my MBA program we spent an hour going over expected return on investment (cost) at several payback windows of time.

How many Gender Studies (that peer group) programs do the same?