Braineack

iTrader: (62)

people dont care when black people kill each other and/or others.

Braineack

iTrader: (62)

.

Braineack

iTrader: (62)

The Democratic party is also the party of state-sponsored terrorism.

hector

A couple of years ago I worked on a project where the owner is a CEO who makes $90 million base salary. The gentleman went and purchased two condo units (a whole floor, roughly $12 million) and proceeded to gut them and have them rebuilt to his liking (about another $12 million). The project took over a year. Architects/designers were from Seattle and flew in all the time. Material came in from all over the world. Custom fittings, *****, finishes, etc., at every turn. Many inspections from the building department. You get the point.

Comrade FTB, your solution of capping salaries at $5 million or 80% taxes just plain sucks and reeks of envy. I'll take Thomas Sowell's words over yours. I've been a recipient of of trickle-down economics (not the welfare state) my whole life and I don't trust the gov't with my money. I'd rather the rich keep more so they can keep on spending.

Dann0

This is an interesting idea. I could see "voting on principle" as a potential response to social pressures. It might be seen as socially unacceptable in certain circles to have any but a few select views, and the party that trumpets those views the loudest gets the vote, taxes be damned. Maslow flipped on its head.

Also, I realized that I used "principal" instead of "principle" several times in my last post, to my undying shame. This is why one should not post at the end of a day, when one is tired.

Joe Perez

iTrader: (8)

The fact is that there is no way to be certain how any specific person voted. And "political affiliation" isn't one of the boxes on IRS form 1040.

At best, statistics such as the one presented earlier can be base only on polling data. Asking a person how they voted, and also about other demographic information.

It's not socially acceptable to be conservative. Hasn't been for a long time, except now there are starting to be actual real-world repercussions from the mob. McCarthyism is back, only this time it's woke Silicon Valley companies and We The People ourselves doing the blacklisting.

"Monied, middle-aged people" as you put it earlier tend, almost by definition, to be somewhat higher-profile, and therefore more susceptible to public outrage, than the average person. I mean, I personally wouldn't publicly admit that I voted for Trump in the last election if I had (public record: I voted for Jorgensen), and I'm not even a 1%er. But I'm just high-up enough that I occasionally butt heads with a couple of unions, and rely upon being in good standing with the Mayor's office and the Chicago Police Dept in order to make my job easier.

So, two real points here:

1: Question data which are presented as factual despite there being no actual way for said data to have been accurately collected, and

2: High-income people, as a broad generalization, tend to know how to control the narrative when it comes to their own image. With relatively few exceptions, that's basically a prerequisite to becoming (or, at least, remaining) a high-income person.

Braineack

iTrader: (62)

Joe Perez

iTrader: (8)

rleete

iTrader: (21)

I am, and have been for some time, been a member of the Gallup poll. I can usually tell what results they are looking for based on the wording of the questions. That said, I also know they cherry pick respondents based on the results they want, because I have been excluded from the latest polls on sleepy Joe. I trust polls about as much as I do the current administration, which is to say not a bit.

Full_Tilt_Boogie

iTrader: (1)

https://www.publichealth.columbia.ed...t-bad-we-think

Full_Tilt_Boogie

iTrader: (1)

Thank you for the anecdotal story of one person. Your example is kind of amusing in that this CEO spent $24 million, 27% of 1 years base salary, to build a residence nicer than most people will ever even see in their life time. I guess they wouldnt have been able to do it if it cost 50% of their salary, or if they had to save up for a year or 2.

Also, I like how you skipped over my entire argument just to call me a jealous communist.

Im not offering a solution. Simply stating that higher marginal tax rates is not necessarily a bad idea, as the would be taxed would like you to think. We had much higher corporate and income tax rates during a time in which our GDP grew dramatically, and the middle class thrived. Its naive to believe in the rhetoric of the wealthiest people in the world.

As for your last comment, the rich are not spending. Theyre hoarding. On the short term it is a zero sum game, and by hoarding wealth for no reason, it is literally taking money away from everybody else.


The issue is that we, as a society, are not trying to optimize utility for society as a whole, but instead believing in this sort of deontological system in which it is alleged that utility is maximized by allowing everybody to act in their own self interest. If you can step back from the politics and just look at it as a utilitarian optimization problem, its clear that unregulated capitalism, in school of thought of Von Mises and the other Austrian economists, does not make sense. Trickle down economics is not real. The rational market is not real. The invisible hand is not real. What is real is the little part of every persons primordial brain that makes you want to hoard food for the winter. Without barriers to this behavior, people will act on this desire, even when it far exceeds what is logical for themselves or anybody.

To explain it in MTnet terminology. Do you want a PID controller, using PWM to control a wategate, to then regulate boost pressure? Or do you weld the wastegate closed and say "The turbo knows what is best for the connecting rods"?

Braineack

iTrader: (62)

Bajingo

The same human desires that create failings in Capitalism do the same to every other form of economy.


Also taxation is theft.

Braineack

iTrader: (62)

Back to India.




That image was part of a video used on the article -- looks like it's been updated and removed now.

but google remembers: https://www.google.com/search?q=covi...yoFTTkSjlIFI7M



also, related:

Braineack

iTrader: (62)

CNN baffled at the secretive 24hr live-stream covering their DEBONKED narrative.

Braineack

iTrader: (62)

Full_Tilt_Boogie

iTrader: (1)

Agreed. So, how do we overcome this?

Not directing this at you in particular, but I notice a common thing among many conservatives is a fundamental belief that society cannot improve, and because of that they think its a waste of time/effort/resources to try.

What about interest on a loan? Is that theft?

Or are they both a contractual agreement made between the workers and the ruling class?

Full_Tilt_Boogie

iTrader: (1)

Bajingo

​​​​​​We need a Society without "want" notice there I said want and not need, the needs of everyone in the western world are basically covered.

I certainly didn't agree to pay taxes. Did you? They were forced on us little different than slavery.

Full_Tilt_Boogie

iTrader: (1)

Kinda depends on where you want to draw the line. Id say that people need health care.

Exactly. We are wage slaves.

The choices are be exploited as laborers, or choose to live in the woods.