Sentios wrote:
RuffDraft wrote:
It also guarantees that highly-motivated people receive adequate pay.
Except it doesn't, because the number of unqualified but greedy and charismatic people greatly strips the number of qualified people.
I challenge you to support that statement with any credible evidence. I could potentially give you a few hundred thousand examples of why that's not true. {mild exaggeration}
Also: What is your definition of "qualified?" Is it someone who holds a college degree for the field in which he is working? Someone who doesn't hold a college degree but has certifications that represent his knowledge or ability to do his job? Someone who can effectively do the job without any certifications or degrees? "Qualified" needs to be qualified here.
Sentios wrote:
Firing people for poor performance does little good if all you're doing is attracting people who talk big but perform poorly as is the case for politicians.
Normally I would go into a rant about how voting scumbag politicians out of office is
your responsibility and to go out and vote if it bothers you for crying out loud... but in this case I'm going to say it's probably a good thing you don't vote. Because a lot of your ideas are so dangerous that if you voiced them and the politicians listened, you might get your way, and our society would implode, and I'd never become rich doing what I do for a living.
But you don't get actively involved in politics so I've got nothing to worry about.
Sentios wrote:
If not for the complexity of today's laws I would advocate that politicians shouldn't be paid for their public service at all and they should have to hold real jobs as in days of old.
Heh. Come on. You're joking, right?
You're
not joking?
That's really sad.
Sentios wrote:
Efficiency includes not doing something that doesn't need done
No, efficiency only means using the means with the least amount of wasted effort or resources. It
can mean skipping unnecessary steps, or it can mean making a large system uniform for every participant rather than selectively exempting them on a case-by-case basis.
Sentios wrote:
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Now, that's just stupid.
It's a bracket system.
It's a
stupid system. It would completely wipe out any kind of prosperity that America could hope for. And you'd champion that as a victory.
Sentios wrote:
Quote:
What if they made $90,000 one year and then found themselves working harder and made $150,000?
That's almost enough income for an entire second person, why did the company not hire a second employee?
Irrelevant. I asked you, "what would happen to the person who works harder and sees their pay skyrocket." Your response is "Screw them, the company should just hire another person." What if they're self-employed (small business--they are their own employee)? Let's say that they get X amount of business one year and next year they get 2X business and their pay doubles. You'd punish their success by taking whatever was left over after your ridiculous dogma got hold of their finances.
This is what I'm trying to explain to you. You can't just
force equality on a system. That's not how "equality" works. All the rich are guilty of is using their money wisely, and you would tax them out of existence. All you do is go from a system of
natural inequality to one of
forced inequality, and I guarantee you that the latter is a far worse system. Ask anyone who was living in the Soviet Union through the 1950s how it turned out for them and you'll realize that
your system is flawed all the way to its core.
Sentios wrote:
This is why we have 8%+ unemployment.
No, the reason we have an 8% unemployment rate is because millions of people join the work force every year and fewer people leave it. Unemployment does not rise dramatically because the scant number of employees that increase a company's production by doing too good of a job see a rise in their pay.
Sentios wrote:
They'd pay $60,000 and be encouraged to work less overtime, thus gaining non-monetary benefits.
Great. We'll go with that for the sake of argument. Now let's pretend for a minute that that worker is
you. You've just realized that you
inadvertently put an extra $60,000 worth of work into your company and they're going to reap the benefits of that while the government takes all that extra work of yours as taxes. So essentially you just worked your ass off for absolutely no reason and you have nothing extra to show for it except a pat on the back. Is that how you want every American to live their life? With crushed dreams, zero ambition and no prospects for the future?
Sentios wrote:
Quote:
What do you mean it isn't relevant? If someone who would be taxed $900,000 by the government moves to a country where his taxes would be far less than that, the government loses $900,000.
The government doesn't lose $900,000 because they wouldn't be able to get that much money if they had to resort to a tax rate comparable to a tax haven's.
You're not paying attention. Try to at least follow along. In our current system, someone who makes $1,000,000 a year pays $350,000. Suddenly, you change the tax code so that same millionaire has to pay $900,000 (plus $10,000) if he makes $1 million a year. The millionaire says "fuck that" and moves to Hong Kong.
You're right in that the US would lose $350,000 if he moved before the change in taxation took effect. However, the goal in raising taxes would be to obtain $900,000 dollars from someone who makes $1,000,000 in that year. If that person leaves the US after that, the government has just lost
$900,000.
Sentios wrote:
And not everyone who made more than $100,000 would flee because other countries wouldn't allow that many immigrants to flood them.
Oh,
sure. The thousands of countries with lower tax rates all around the world are going to block hundreds of thousands of potential high-income taxpayers from immigrating away from a world financial giant. THAT'S likely.
Sentios wrote:
And the super wealthy don't pay much if any income tax because they get all their money by other sources. That's why you can see CEOs make vows to work for $1.
https://encrypted.google.com/search?q=c ... =firefox-a...in other words, all their income is from investments and they pay taxes on those investments?
They pay taxes on their income from investments. That's an income tax, it's just called something else. What's the problem?
Sentios wrote:
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Nevertheless, even if you put a tax deduction system in place, why in the world would a rich person give *a portion* his money to a charity if the government's going to take all but $100,000 anyway?
Because they're used to being in control of their money, if they're able exercise control in where some of their tax money goes they'll do so.
There's nobody in the world who donates to charities with that in mind.
Nobody.
When rich people donate, they look at people as investments. They try to determine who would be the best people (group or organization thereof) that matches their ideals. If the rich were going to be taxed all but $100,000 of their income, if they didn't leave the US, then they would likely start donating whatever was left over to charities just to spite the government. The government would start losing money. If that happened, what would you do then?
Sentios wrote:
I actually don't have qualms with millionaires, very few of them became millionaires over night. They vast majority saved and invested far smaller yearly incomes, much closer to the income caps I support, until they had net worth to qualify them as millionaires. Fortunately for them they're not as inflexible as you think they are.
I think they're
inflexible? Perish the thought. I'm just stating the obvious ramifications to your poorly-though-out ideas.
Sentios wrote:
Billionaires on the other hand hire teams of tax lawyers to comb their books for tax deduction opportunities and go so far to spread their worth across strategic companies to minimize their taxes.
Well that wouldn't happen if you started over-taxing them. Considering they're only about 400 or so in America, they'd be the first ones to leave, and they'd be pretty well-accepted in other countries. Your ideas would not
increase revenues, they'd
slash them.
Sentios wrote:
The proceeds had nothing to do with what we were discussing, there was no need to mention them which really means you were the one who didn't think through your argument. The lottery would be fully within it's capabilities to divide up the jackpots into smaller jackpots and there are at least half a dozen ways they could increase the rate at which the jack pot was hit. Two easy ones are to reduce the number of possible winning combinations or increase the number of combinations you get to pick per ticket.
Why exactly do you think the proceeds aren't relevant? Everything becomes relevant when you decide to radically change a system. The reason I brought up the proceeds is that when someone wins the lottery, a chunk of those winnings are taken out as proceeds and they mostly go to charities or other worthy causes.
Also, I was wrong. The VA Lottery doesn't go to senior citizens. Here's a breakdown from VALottery.com as to how the proceeds are used:
Virginia Lottery Official Homepage wrote:
In Fiscal Year 2011, the Virginia Lottery had sales of more than $1.4 billion. Of this total, the Lottery contributed $444.2 million, or 29.8%, to public education grades K-12. A record 59.4% went back to players in the form of prizes, 5.7% went to the retailers who sell Virginia Lottery tickets, and 5.1% went to operational expenses.
Also, narrowing the odds and reducing the payouts would be far more detrimental than you seem to think. With millions of people buying into it, you could potentially end up with multi-million-dollar jackpots (the minimum jackpot right now is $12 million),
Sentios wrote:
So you're of the camp that a teacher can teach with no support from the parents or the overall culture? Well we see how that's working out so far.
Actually I've said multiple times in the past that part of the problem is parents not being involved. As for culture... I'm not sure what that has to do with teaching the individual students. However, there are thousands, if not millions, of after-school programs aimed at helping children, and if that's what you're talking about, then the problem is just that many kids don't take advantage of them.
Sentios wrote:
Rather there's no convincing someone who's already convinced themselves that they're right.[/qutoe]I could make the same observation about you. Don't try to pretend that you're not just as arrogant as you claim that I am.
Sentios wrote:
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It doesn't matter where one's income comes from; income tax is based on the idea of taxing one's labor, since it's a form of commerce. The government simply would earn less revenue by allowing ANY income to go untaxed. There isn't a zero gain just because it's government pay. Considering the size of the federal bureaucracy alone, it would be quite the mistake.
[BAKING ANALOGY]
Actually, both of you are kind of off the mark here. The government does not taxe government employees at the time of issuing payment. It deducts
before it "writes" the check. The taxes don't go from the treasury to the bank back to the treasury. They stay at the treasury but are regarded as having been taxed. Then, at the end of the fiscal year, those government workers with lower wages/salaries receive what can be better described as a
bonus, based on how much the government "taxed" them. If Sentios has a problem with low-wage workers receiving a bonus at the end of the year then that's one thing. Making analogies as to how much sugar is taken from/put into a sack or talking about government labor as a form of commerce are both kind of odd.
Sentios wrote:
Quote:
This isn't true. Charities' influence goes deeper than just solving practical problems. While charity doesn't directly change government policy, it does a lot to influence it. Charities have a soft power in their moral authority; they can make waves among citizens. Faith-based charities are even more effective at this, although depending on which waves they're making, it could add to a problem (i.e. the Church spreading misinformation about condoms). Solving practical problems solves a lot of the world's problems by itself, anyway; distributing condoms in South Africa to reverse the rise of HIV/AIDS infections is an example.
What I said is true, the mentality that charity creates makes it's 'okay' to not find a real solution.
What he's saying is that charities often come up with a solution to the problem, and if the problem is ongoing, their funding goes to fix it
as an ongoing solution.
Sentios wrote:
The only exception I will make is crisis charities but those are short lived and naturally go away or move on once the crisis is over. Since you like South Africa as an example you have to know that food charities aren't even denting the mass starvation. In fact they can even be said to increase it because they aren't equally matched with family planning education and birth control, resulting in people who don't have the means to support their current families having even more kids. It wasn't until the millennium development goals came around that any one even considered trying to find a real solution to their problems because the charity crowd was content with sending canned soup.
Rather a bleak reality. But in that case, then do you have a solution in mind other than creating/funding a charity?