a good employer wouldn't even need to be incentivized
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living paycheck to paycheck
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finished 10th in this 37th yr in 11-team-only NL 5x5
own picks 1, 2, 5, 6, 9 in April 2022 1st-rd farmhand draft
won in 2017 15 07 05 04 02 93 90 84
SP SGray 16, TWalker 10, AWood 10, Price 3, KH Kim 2, Corbin 10
RP Bednar 10, Bender 10, Graterol 2
C Stallings 2, Casali 1
1B Votto 10, 3B ERios 2, 1B Zimmerman 2, 2S Chisholm 5, 2B Hoerner 5, 2B Solano 2, 2B LGarcia 10, SS Gregorius 17
OF Cain 14, Bader 1, Daza 1
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Originally posted by baldgriff View Post
Sen. Rand Paul: Here's why I plan to vote for the Senate tax bill (and my colleagues should step up)This tax bill is a true test for my colleagues. I’m not getting everything I want — far from it.
Forbes reviewing the effects of those tax cuts.
But so far, the cuts have not been linked to an increase in labor share or more investments. The Federal Reserve Bank of Chicago’s current capital spending index indicates private business investment plans have remained in negative territory since 2015. The most certain effect of the tax cuts has been to help fuel a massive increase in the federal deficit and debt.
So where is all the money saved from corporate tax cuts going? First, to companies’ bottom lines and second to stock buybacks, which were recently at a record high.If DMT didn't exist we would have to invent it. There has to be a weirdest thing. Once we have the concept weird, there has to be a weirdest thing. And DMT is simply it.
- Terence McKenna
Bullshit is everywhere. - George Carlin (& Jon Stewart)
How old would you be if you didn't know how old you are? - Satchel Paige
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Originally posted by baldgriff View PostIm saying that there is a party that doesnt want to waste our money and continue to over spend. We want less regulation and money in people's pocketsIt certainly feels that way. But I'm distrustful of that feeling and am curious about evidence.
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Originally posted by TranaGreg View PostMy sense is that the culture of personal spending at levels that results in living paycheck to paycheck isn't going to be solved by a government that reduces regulatory burdens. Just my opinion.
‘A fool and his money are soon parted’. As true now as it was 200 years ago.
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BG, I'm not going to debate you on tax policy because you are an extremist. Arguing from a moral perspective that billionaires shouldn't pay a higher share than the poor is just fundamentally wrong and until you come back within the realms of decency, we will have nothing further to discuss.If DMT didn't exist we would have to invent it. There has to be a weirdest thing. Once we have the concept weird, there has to be a weirdest thing. And DMT is simply it.
- Terence McKenna
Bullshit is everywhere. - George Carlin (& Jon Stewart)
How old would you be if you didn't know how old you are? - Satchel Paige
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Originally posted by DMT View PostBG, I'm not going to debate you on tax policy because you are an extremist. Arguing from a moral perspective that billionaires shouldn't pay a higher share than the poor is just fundamentally wrong and until you come back within the realms of decency, we will have nothing further to discuss.It is wrong and ultimately self-defeating for a nation of immigrants to permit the kind of abuse of our immigration laws we have seen in recent years and we must stop it.
Bill Clinton 1995, State of the Union Address
"When they go low - we go High" great motto - too bad it was a sack of bullshit. DNC election mantra
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Originally posted by baldgriff View PostThey already do pay more than the poor person. They just dont pay "enough" from your perspective. I want everyone to pay equally in proportion to what they have/produce. I also think that if you make bad decisions with your money (and believe me I have made many) - it will affect your future wealth/savings.If DMT didn't exist we would have to invent it. There has to be a weirdest thing. Once we have the concept weird, there has to be a weirdest thing. And DMT is simply it.
- Terence McKenna
Bullshit is everywhere. - George Carlin (& Jon Stewart)
How old would you be if you didn't know how old you are? - Satchel Paige
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Originally posted by nots View PostNot going to be solved by a paternalistic government that mandates and over regaulates either. Just my opinion.
‘A fool and his money are soon parted’. As true now as it was 200 years ago.
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Originally posted by B-Fly View PostActually, paternalistic mandates are the only way to ensure that people put away a reasonable portion of their income for savings/retirement (e.g., Social Security contributions). That doesn't end the discussion about whether (more) paternalistic mandates should be imposed, versus paternalistic nudges and educational campaigns, versus pure tough-love "You fail to save wisely, you suffer the consequences, including potentially starving on the streets", or what mix of positive and negative incentives would help. But your post ignores that paternalistic government mandates essentially are the only way to "solve" the problem at hand, in the sense of making it go away.It certainly feels that way. But I'm distrustful of that feeling and am curious about evidence.
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So lets look at it a different way. Lets use Revo's immigrant student that has 50k in equities saved up.
Here is a kid that has amassed some 50k in wealth - solely based on making very shrewd, disciplined and difficult decisions. He likely works some kind of low wage job, but has put his money to work. He invested in companies and that investment put people to work, developed new products, maybe helped cure some disease. His gain is that his investment returned dividends to him and the equities grew in value due to the positive things that the companies did.
So what your saying is that just because he made good decisions to make more money with the very little money he had to start with - he should now be responsible to pay more than his co-worker who makes the same amount in labor pay - but chooses to go to the bar every weekend, has 2 kids with different women and still lives at home. How in any way is that equitable to the guy who made good decisions to amass his "wealth"?
I dont think I back tracked at all. I said I want everyone to pay equally in proportion to what they have/produce. That means they pay the same amount of tax based on what they make/earn. One guy may pay $10 and the other guy $1000 - solely based on what they make/earn. Whereas you would prefer to saddle the immigrant making very good decisions with his money a higher tax burden solely because "he has more". How is that fair or equitable?It is wrong and ultimately self-defeating for a nation of immigrants to permit the kind of abuse of our immigration laws we have seen in recent years and we must stop it.
Bill Clinton 1995, State of the Union Address
"When they go low - we go High" great motto - too bad it was a sack of bullshit. DNC election mantra
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Originally posted by baldgriff View PostSo what your saying is that just because he made good decisions to make more money with the very little money he had to start with - he should now be responsible to pay more than his co-worker who makes the same amount in labor pay - but chooses to go to the bar every weekend, has 2 kids with different women and still lives at home. How in any way is that equitable to the guy who made good decisions to amass his "wealth".
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Originally posted by TranaGreg View Postwell said - I was going to post something similar - to those saying regulations aren't the answer, what other options exist to get people to save more & move away from living paycheck to paycheck?
But a better question to ask might be why you and BFly think the government, who’s very own Social Security program will be forced to reduce benefits by 23% in 2034 because of a lack of financial planning but is afraid of addressing the issue, is suited to nudge others in a paternalistic way to save for retirement?
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Originally posted by B-Fly View PostWait, who was advocating for this? Not DMT. He's talking about a higher top marginal tax on the highest income earners, not taxing two $40,000/year working stiffs different amounts so that the one spending frivolously pays less than the one who saves.
People should pay an equal amount based solely on what they make/earn. The kid with the 50k in equities is at some point going to be in a higher tax bracket based on solely good decisions - and those good decisions will then require him to pay more than his co-worker.It is wrong and ultimately self-defeating for a nation of immigrants to permit the kind of abuse of our immigration laws we have seen in recent years and we must stop it.
Bill Clinton 1995, State of the Union Address
"When they go low - we go High" great motto - too bad it was a sack of bullshit. DNC election mantra
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Originally posted by B-Fly View PostWait, who was advocating for this? Not DMT. He's talking about a higher top marginal tax on the highest income earners, not taxing two $40,000/year working stiffs different amounts so that the one spending frivolously pays less than the one who saves.
Taxing high earners is all well and good, but it doesn’t get you anywhere near Medicare for all, the Green Deal, free tuition and whatever else we are talking about now. You must, must, increase taxes on everyone to fund these programs. When I see the left advocate for that, I will know this is more than a talking point.
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Originally posted by nots View PostI said over regulation, not no regulation.
But a better question to ask might be why you and BFly think the government, who’s very own Social Security program will be forced to reduce benefits by 23% in 2034 because of a lack of financial planning but is afraid of addressing the issue, is suited to nudge others in a paternalistic way to save for retirement?It is wrong and ultimately self-defeating for a nation of immigrants to permit the kind of abuse of our immigration laws we have seen in recent years and we must stop it.
Bill Clinton 1995, State of the Union Address
"When they go low - we go High" great motto - too bad it was a sack of bullshit. DNC election mantra
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