Richest 1% To Own More Than Other 99%

[taxslave]

You forgot to finish what you started, selling us on the need for these same social programs netted you a lot of tax exempt money. Or is that the lesson, 'say what you need to to get what you want and fuk the rest of it?'

Only freeloaders and government employees ever made any money off of social programs. I certainly never got any tax exempt money from them. In fact I because I see a naturopath I have to pay for that over and above what I pay for our "free" medical system that I don't use.

 

[JLM]

That number (debt/deficit) will rise dramatically when you start to calculate the unfunded pension liabilities and add that in.

I recall that in Canada (a few years back), each Canadian citizen (all ages) would owe approx $250,000 to address all of the related debt elements.

I'd wager the numbers for the USA are similar.

Pretty frightening reality when you think on it a bit

If I remember correctly (and my memory ain't that good) we'd each owe roughly $30,000.

 

[taxslave]

Don't be so silly. Who do you think paid for the roads so the company you work for can get their logs to the mill? Who do you think paid for the port system so the company you work for can ship their lumber and paper to other markets. People like you (with such a limited grasp on economic systems), really shouldn't engage in these types of discussions. Perhaps you can wander off and find some teacher to whine about.

The companies that own them built the roads and most of them have their own port facilities. Shouldn't you be sweeping the floor at the recycling depot? Any way thid is an adult conversation so we don't expect you to understand.

 

[captain morgan]

If I remember correctly (and my memory ain't that good) we'd each owe roughly $30,000.

When you factor-in the gvt's future obligations like employee pensions, CPP, etc; that number increases dramatically

 

[JLM]

Don't be so silly. Who do you think paid for the roads so the company you work for can get their logs to the mill? Who do you think paid for the port system so the company you work for can ship their lumber and paper to other markets. People like you (with such a limited grasp on economic systems), really shouldn't engage in these types of discussions. Perhaps you can wander off and find some teacher to whine about.

Hey there, Einstein when it comes down to your knowledge vs. taxslave's an apt analogy would be he'd be in 3rd year university while you'd still be playing in the f**king sand box. But you go ahead and flaunt your ignorance to the whole wide world. Gives us a lot of laughs.

 

[captain morgan]

If I remember correctly (and my memory ain't that good) we'd each owe roughly $30,000.

All levels of Canadian government debt total $4.1 trillion | Columnists | Opinio

 

[Cannuck]

The corps that pay multi-levels of tax, licenses, fees, permits and payroll taxes.

Don't be so silly. Those costs are added to the cost of goods and services. In the end, the consumer is footing the bill, not the corporation.

 

[taxslave]

Had a bit of a pleasant surprise here last Thursday. I had what I was afraid was a plumbing emergency on my hands (water everywhere) anyway it wasn't that bad. Two plumbers came over and worked for an hour or so and the bill was $126. Amidst all the complaining about tradesmen's rates these days I thought that was reasonable. Maybe it worked out to $30 an hour each and $60 for the company.

P.S. I have another job that needs doing and they will be doing it. Already got an estimate.

That is cheap. Unless they were right around the corner.

Don't be so silly. Those costs are added to the cost of goods and services. In the end, the consumer is footing the bill, not the corporation.

Until it prices the company right out of business. Now go back to putting empty cans into bags.

 

[Cannuck]

In fact I because I see a naturopath I have to pay for that over and above what I pay for our "free" medical system that I don't use.

You should have chose a different religion.

 

[taxslave]

You should have chose a different religion.

You should stay out of things you know nothing about. IE everything. Look there's an empty can under the table. Go fetch.

 

[Cannuck]

Until it prices the company right out of business.

If they can't compete, that's their problem.

 

[captain morgan]

Don't be so silly. Those costs are added to the cost of goods and services. In the end, the consumer is footing the bill, not the corporation.

Oh... So none of those items are 'taxes' (or equivalents) that go towards maintaining society.

Good to know

If they can't compete, that's their problem.

... And your economy relies completely on imports.

Not exactly balanced, is it?

 

[Cannuck]

Oh... So none of those items are 'taxes' (or equivalents) that go towards maintaining society.

It's irrelevant what you call them. The consumers pay them, not corporations.

 

[Tecumsehsbones]

It's irrelevant what you call them. The consumers pay them, not corporations.

Oh dear.

 

[taxslave]

If they can't compete, that's their problem.

That is the attitude that brings so much made in Chia garbage to our shores. But being a government employee you of course know nothing about economics.

 

[captain morgan]

It's irrelevant what you call them. The consumers pay them, not corporations.

... Sad you can't understand the difference here

 

[Tecumsehsbones]

... Sad you can't understand the difference here

To be fair, it's no different from the people who say "I get to tell them gol-dang gummint bee-yoo-ro-crats whut ta do cuz IT'S MAH MONEH!

 

[Zipperfish]

If I did the conversion right Oxfam's executive director makes about $180000/yr. putting her firmly in the 1%
They also spend between 16 and 28% of donations on fundraising.

You are also in the 1% or pretty close to it. What percentage do you give to the needy?

 

[Walter]

It would be an interesting tax formula:

Budget is about 3.7 trillion / GDP around 17 trillion = 21 3/4%

So everybody pays 21 3/4%.

That's 21 3/4% of revenues, not of profits.

A flat tax is advocated by many conservatives and Libertarians.

Don't be so silly. Those costs are added to the cost of goods and services. In the end, the consumer is footing the bill, not the corporation.

You got one right. Corporations should not pay any taxes.

 

[Tecumsehsbones]

A flat tax is advocated by many conservatives and Libertarians.

Yeah, but most of them are liars, full of sh*t, or both.

For example, most want to continue to tax natural persons on income, but corporations on profits. Others want to exempt corporations entirely. And there's them as say that with a flat tax we'd only pay 10-12%. When you ask how they figure that, a few of them will admit that they only get to the 10-12% after they implement all their desired spending cuts.