Ominous prediction indeed.

Is New Jersey's income tax lower than Texas?
 
So you want to ridiculously insist on arguing that America is socialist because it has established borders and seeks to control them?

Precisely...

...just as it was the collective that championed the slavery of individuals and controlled its existence in America, too.

The more patently American political principle is, though, that liberty dictates that every individual who does no harm to another's individual liberty is inherently free to roam wherever he likes - that's called a Natural Law and Natural Law is above the sanction of any man-made law...

...at least it is to those whose very hearts beat to the truth of what Jefferson wrote in the DoI.

Why do you hate America's foundational document, hypocrite?

BTW, show me where I campaigned against a high school girl's right to free speech in regard to her governor.

The Kansas high school girl and Brownback a couple of years ago...

...are you going on record now as denying that?
 
Is New Jersey's income tax lower than Texas?

Are you unable to use google to see that Texas has no state income tax? Neither does Florida by the way. they make up for the lack of state income tax by higher than average sales and property taxes.

In fact, property taxes, sales taxes and corporate taxes — Texas ranks in the bottom 20 states according to the Tax Foundation, a conservative-leaning research group.


Your point?
 
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So, I looked it up.

In typical 'Spiderman' Demorte style, he parsed and dissembled.

Having a less ridiculous income tax than Hawaii and Oregon (by 2%) and a slightly less (by < 1%) income tax than Minnesota does not mean that the income tax rate of 8.97 is not patently ridiculous.

9 cents on every dollar is ridiculous. Living in a state with the 7th highest income tax is stupid if one has a choice.

And yeah, I hear those high property taxes are making test scores at Newark Schools the envy of the nation.

Fortunately, most people making 500,000 or more are smart enough to move to Pennsylvania.

So, explain how I am "wrong again?"

Good try on the Argumentum ad Populum that because 6 states tax income at as ridiculous a rate as New Jersey, it is not actually ridiculous.

: pats head :

Are you unable to use google to see that Texas has no state income tax? Neither does Florida by the way. they make up for the lack of state income tax by higher than average sales and property taxes.

In fact, property taxes, sales taxes and corporate taxes — Texas ranks in the bottom 20 states according to the Tax Foundation, a conservative-leaning research group.


Your point?

I was leading the witness, dumbass. Everyone knows Texas has no income tax. It is why earners flee places like California, Oregon and New Jersey if the nature of their earning permits them to move.

Most businesses are individually owned. Most are thrilled with a 10% profit margin. Their profits go up 10% (for a total of 1% increase) if their expenses go down 10% by not paying ridiculous levels of income taxation.
 
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Are you unable to use google to see that Texas has no state income tax? Neither does Florida by the way. they make up for the lack of state income tax by higher than average sales and property taxes.

In fact, property taxes, sales taxes and corporate taxes — Texas ranks in the bottom 20 states according to the Tax Foundation, a conservative-leaning research group.


Your point?

Queerbait, Lit's self-proclaimed smartest guy on the board, is too stupid to realize that Texas and Florida have oil extraction tax and lots of tourists paying sales tax respectively...so much so that they can go without a state income tax.

Of course, special pleading is an important logical fallacy in teh Queerbait arsenal of falsehoods.
 
Queerbait, Lit's self-proclaimed smartest guy on the board, is too stupid to realize that Texas and Florida have oil extraction tax and lots of tourists paying sales tax respectively...so much so that they can go without a state income tax.

Of course, special pleading is an important logical fallacy in teh Queerbait arsenal of falsehoods.

Cite?

I can tell you are getting antsy that no one is paying you any mind. You tend to act out when you are ignored too long. Thought I would throw you a bone.
 
That's not Spiderman, dumbass.

I am aware that his precious action figure doll is not Spiderman and that he hates that almost as much as having his head patted in a patronizing way.

You may run along now as well.
 
Interesting little article here;

50% of today's occupations gone by 2025.

Both the 50% and the 2025 numbers are probably wrong. But the overall prediction is quite true and will have a profound effect on;

Immigration. Huge numbers of unskilled labor will end up being welfare dependents. We have enough native unskilled labor, importing more is folly.

Education There are a whole slew of educational specialties, both degreed and technical that will end up being absolutely worthless. Bad choices will lead to crushing debt with little chance of that debt being retired.

And as always these changes are gong to have unintended consequences on occupations not even mentioned.

Ishmael

Ah, I saw this on Drudge, too. It's a scary world out there, always has been, but the increasing rate of change is daunting - not for the faint of heart. I hope the prediction about immigrants is wrong, but I don't like the odds. It's why the socialist left is so hell bent on bringing them here.
 
So, I looked it up.

In typical 'Spiderman' Demorte style, he parsed and dissembled.

Having a less ridiculous income tax than Hawaii and Oregon (by 2%) and a slightly less (by < 1%) income tax than Minnesota does not mean that the income tax rate of 8.97 is not patently ridiculous.

9 cents on every dollar is ridiculous.

Fortunately, most people making 500,000 or more are smart enough to move to Pennsylvania.

So, explain how I am "wrong again?"

Texas, since you brought them up. makes up the difference caused by a lack of personal income tax by way of a 6.25% sales tax. But depending on where you live and shop it could be as high as 8.25% thanks to county and city sales tax. They also have a nice corporate gross receipts tax that further pushes up costs to the consumer (since corporations don't pay tax, right :cool:) by another 2%. Jersey? 7% max sales tax including local additions.

Texas also has a nice 2.57% average property tax rate, compared to Jersey's average of 1.78%.

Median income in Texas? $51,563
New Jersey? $71,637

So lower than average income (US average is $53,046), higher than average sales taxes, property taxes, and gross receipts taxes. But jersey's income tax is "ridiculous"? :rolleyes:
 
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Immigration. Huge numbers of unskilled labor will end up being welfare dependents. We have enough native unskilled labor, importing more is folly.

I disagree.

You need growth, population growth, in a capitalist system. In the heyday of American expansion it had a birth rate that sub-Saharan Africa can not touch. Not any more. The expense of baby boomer retirements and aging will cripple the next generation or two.

Even an immigrant janitor, buys food, clothes, uses transportation, needs housing, schools. All this stimulates growth.

Illegals and some refugees may be unskilled but the usual immigrant must meet standards. A freer policy on middle class skilled immigrants, of whatever colour or ethnicity, would make it easier, or more palatable, to crack down on illegals.

The doors should be virtually thrown open to middle class skilled labour.

There is a difference between an illegal immigrant, a refugee and legal immigrants.

If there was another European war that created huge amounts of white refugees, our governments, Can. and US., would be trampling on one another to take them in. It would be like winning a lottery. At millions of others expense.

Hard Rom, Your discussion is very insightful. The low birth rate is one of our (Western Europe, N. America, and Japan) major problems, creating the vacuum for immigrant labor who are willing to pay taxes. The welfare state (which does include retirement entitlements) traps us into need for an ever expanding population. Up until now, we have gotten away with this system, but we shall soon see if it can survive the consequent stresses of a declining workforce, as you mentioned above. I find most of what is done here on lit to be hormonaly driven, superficial stuff - but fun! It was good to read your post.
 
I am aware that his precious action figure doll is not Spiderman and that he hates that almost as much as having his head patted in a patronizing way.

You may run along now as well.

It doesn't annoy me. I laugh every time DooleyDumbass does it. Now I'm laughing at you too. I laugh about your little head pats too. Because I know what that sort of thing would earn you were it not for the safety of your keyboard tough guy.
 
Texas, since you brought them up. makes up the difference caused by a lack of personal income tax by way of a 6.25% sales tax. But depending on where you live and shop it could be as high as 8.25% thanks to county and city sales tax. They also have a nice corporate gross receipts tax that further pushes up costs to the consumer (since corporations don't pay tax, right :cool:) by another 2%.

Texas also has a nice 2.57% average property tax rate, compared to Jersey's average of 1.78%.

Median income in Texas? $51,563
New Jersey? $71,637

So lower than average income (US average is $53,046), higher than average sales taxes, property taxes, and gross receipts taxes. But jersey's income tax is "ridiculous"? :rolleyes:

As per usual, you dissemble. Yes, ridiculous.

Which person earning $500,000 per annum gets to keep more of the product of their labor after paying all of the above, a resident of Texas, or a resident of New Jersey?

No accountant will advise anyone to move to New Jersey as a tax haven.

Try again.

: pats head :
 
It doesn't annoy me. I laugh every time DooleyDumbass does it. Now I'm laughing at you too. I laugh about your little head pats too. Because I know what that sort of thing would earn you were it not for the safety of your keyboard tough guy.

By "laughs" don't you mean, "barely restrain your seething anger" so that your wife doesn't chide you for your embarrassing outbursts where you threaten physical violence in a less veiled way than you just did?

I hope you aren't a drinker. Alcohol tends to loosen up the inhibitions of people that simply white-knuckle their anger management issues, rather than seeking competent, professional help.
 
I dispute the need for population growth to drive Capitalism.

I think that is a Sophism because free markets adjust.

In a mixed economy predicated upon providing a Social Safety net, then yes, that is true, because just about every plan devised by politicians to buy votes is a variation on the classic Ponzie scheme. Like Amway, each generation needs to build a broader base to keep the pyramid intact.
 
As per usual, you dissemble. Yes, ridiculous.

Which person earning $500,000 per annum gets to keep more of the product of their labor after paying all of the above, a resident of Texas, or a resident of New Jersey?

No accountant will advise anyone to move to New Jersey as a tax haven.

Try again.

: pats head :

That poor person making $500K per year. :rolleyes:

Since State income taxes are deductible on your annual Federal income tax it's a wash as far as state income tax goes.

So you're left with higher sales taxes, higher property taxes, and lower median income.

Congratulations!
 
I dispute the need for population growth to drive Capitalism.

I think that is a Sophism because free markets adjust.

In a mixed economy predicated upon providing a Social Safety net, then yes, that is true, because just about every plan devised by politicians to buy votes is a variation on the classic Ponzie scheme. Like Amway, each generation needs to build a broader base to keep the pyramid intact.

Especially population growth of persons with limited potential for the sort of jobs that might remain in the future. As it stands we are encourage the growth of population in the indolent classes.

Some bright stars emerge from those demographics but they are the exception rather than the rule.

The best predictor that one is going to end up supported by the state is to grow up in a single parent household, so dependent.
 
Show me the quote.

What "quote"?

Do you not recall your political position then...

...or are you simply being disingenuous?

I'll ask you again:

Are you going on the record now as not siding against the Kansas high school girl a couple of years ago?

Also:

Is it, or is it not, every individual's natural right to freely roam wherever s/he likes as long as s/he does not violate the natural individual rights of any other?
 
That poor person making $500K per year. :rolleyes:

Since State income taxes are deductible on your annual Federal income tax it's a wash as far as state income tax goes.

So you're left with higher sales taxes, higher property taxes, and lower median income.

Congratulations!

It's a wash?

Apparently you do not know the difference between a tax credit and a tax deduction. The deduct-ability of the State taxes amounts to 3% off of your federal taxes leaving you exposed to 6%.

If it worked they way you suggested I would be in favor of each state mirroring the Federal Tax rates and therefore keeping every single dollar in the state it is generated in, leaving the Feds with zero. The Feds would then have to go hat in hand to the States and beg for contributions.

So, try again.

The only honest thing you have posted in this matter is your disdain for people making over 500K.

Want to start over?

How about. "New Jersey State income taxes for median earners is less ridiculous. If you are successful, when you do reach the truly ridiculous level of taxation you deserve it."

There, I tidied up your argument for you.

That wasn't so difficult to reach an honest assessment of New Jersey's ridiculous income tax, was it?

: pats head :
 
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By "laughs" don't you mean, "barely restrain your seething anger" so that your wife doesn't chide you for your embarrassing outbursts where you threaten physical violence in a less veiled way than you just did?

I hope you aren't a drinker. Alcohol tends to loosen up the inhibitions of people that simply white-knuckle their anger management issues, rather than seeking competent, professional help.

You overestimate your effect, on most things I imagine.

I save physical violence for people stupid enough to act in reality the way you do from behind a computer monitor. Normally, as soon as it appears that there may be some physical consequences their false bravado falls away and they're all simpering apologies. I imagine you're no different.

I wouldn't know anything about anger management issues. That usually comes from people who tend to bottle things up and then erupt like St. Helens. But you seem to know quite a bit (or think you do) about that sort of thing. Experience I imagine, which explains the way you behave when you're "safe".
 
I dispute the need for population growth to drive Capitalism.

I think that is a Sophism because free markets adjust.

In a mixed economy predicated upon providing a Social Safety net, then yes, that is true, because just about every plan devised by politicians to buy votes is a variation on the classic Ponzie scheme. Like Amway, each generation needs to build a broader base to keep the pyramid intact.

As well you should be. Social Security is far more dependent on population growth. As a matter of fact every socialist scheme under the sun is nothing more than a cleverly disguised (or not so cleverly as the case may be) Ponzi scheme that is totally dependent on ever greater numbers paying in than taking out. Pyramid schemes that carries within them the seeds of their own destruction.

It is the argument of the socialist that capitalism requires an ever growing population. They make the argument for their own purposes. Like the democrat party giving the republicans advice on how to win more elections. *chuckle*

Ishmael
 
Especially population growth of persons with limited potential for the sort of jobs that might remain in the future. As it stands we are encourage the growth of population in the indolent classes.

Some bright stars emerge from those demographics but they are the exception rather than the rule.

The best predictor that one is going to end up supported by the state is to grow up in a single parent household, so dependent.

Yes, that it putting your pyramid on a substandard base. A base that has a proclivity to produce less for a mixed economy than it consumes requiring greater demands on the Middle Class to reenforce the [voting] base.
 
I agree bro, but I would replace Socialist with Interventionist.

They have tarnished the word and do not care to own it.

It seems to keep them a tad bit calmer.

They know it doesn't mean them.


:D ;) ;)
 
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