Tax the Rich?

[DawnODay]

They're "re-investing" in new jobs--in Thailand.

Really? That's the best you have? A limited market adjustment in one esoteric industry.

Besides, read the article. First, the operations from the Missouri plant "will be shifted to the motorcycle manufacturer's facility in York, Pennsylvania," not to its "separate and unrelated" Bangkok facility.

More significantly to this thread, note the sidebar video that indicates steel tariffs are a main culprit in the expectation that HD's domestic sales will continue to decrease. Tariffs are a type of tax. So the article you cite is yet another demonstration that increasing taxes costs jobs.

Thanks for once again proving my point.

Well, don't worry. The Missouri workers can always move up to HD's home state of Wisconsin where seven years of tax cutting has led to such low unemployment that we have a labor shortage.

More Walker winning!

Department of Workforce Development (DWD) Secretary Ray Allen released the following statement on the state-by-state rankings released by the U.S Bureau of Labor Statistics (BLS) showing that Wisconsin’s addition of 8,900 private sector jobs in March ranked 4th nationally and 2nd in the Midwest. Additionally, the data shows that Wisconsin’s labor force participation rate of 68.7 percent ranked 5th nationally, while Wisconsin’s historically low unemployment rate of 2.9 percent was the 8th lowest nationally. Wisconsin also leads the nation in manufacturing jobs added in 2018 year-to-date.​

Dept. of Workforce Development: BLS Data: WI Ranks 4th Nationally in Private Sector Jobs Gained Over-the-Month, 1st in Manufacturing Jobs added in 2018, Wisconsin Technology Council (Apr. 23, 2018).

To be specific:

Highlights of today's state-by-state rankings include:

Wisconsin ranked 2nd in the nation in one-month construction job gains, and 1st in the Midwest
Wisconsin ranked 1st in the nation in manufacturing job gains in 2018
Wisconsin's addition of 2,100 manufacturing jobs over the month ranked 3rd nationally, and 1st in the Midwest
Wisconsin's addition of 6,800 total non-farm jobs over the month ranked 5th nationally
Wisconsin's labor force participation rate of 68.7 percent ranked 5th nationally and the 0.1 percent increase over the month ranked tied for 4th nationally
Wisconsin's addition of 8,900 private sector jobs over the month ranked 4th nationally, and 2nd in the Midwest, in terms of actual job growth and 1st in the Midwest in percent growth
Wisconsin's addition of 13,200 manufacturing jobs over the year ranked 3rd nationally, 2nd in the Midwest​

Other indicators of the state of Wisconsin's economy include:

Initial UI claims ended 2017 at their lowest level in the last 30 years.
Continuing unemployment claims ended 2017 at their lowest level since 1973.
Moody's investor Service recently upgraded the state's credit rating, nothing that "(T)he stable outlook reflects the expectation that the state will experience moderate economic growth and will continue its prudent fiscal management practices."​

BLS Data: WI Ranks 4th Nationally in Private Sector Jobs Gained Over-the-Month, 1st in Manufacturing Jobs added in 2018, Department of Workforce Development (Apr. 20, 2018).

So much for all those Democrat predictions of economic ruin from tax and spending cuts.

The Democrats predicted Walker's reforms would ruin Wisconsin's economy. Well...

Wisconsin's unemployment rate last month dropped to a new record low of 2.8 percent, the Wisconsin Department of Workforce Development reported Thursday....

The index broke the 2.9 percent rate set in the previous two months, which in turn was the lowest rate in Wisconsin since 1999....

Wisconsin's labor force participation rate increased to 68.9 percent, which outpaces the national rate of 62.8 percent by more than six percentage points.​

J. Schmid, Wisconsin unemployment rate drops to new record low of 2.8% in April, Milwaukee Journal Sentinal (May 17, 2018).

 

[BotanyBoy]

No need to tax the rich as Trump's comment about Amazon caused its stock to drop causing the CEO to lose $10.7 billion.

Continuing evidence taxation for the left isn't about the greater good and doing things for the public but shitting on those who have more than they do.

 

[DawnODay]

Costco’s hourly employees are the latest U.S. retail workers to get a boost from the Trump tax cuts.

On June 11, Costco will increase the starting wage for its U.S. employees by $1 to as much as $14.50 an hour, while other hourly wage rates will increase 25 to 50 cents an hour.

The raise, to be paid for with part of Costco’s savings from U.S. federal corporate tax cuts that took effect this year....​

B. Romano, Costco boosting hourly wages for 130,000 U.S. employees, Seattle Times (May 31, 2018) (emphasis added).

 

[cherries_on_snow]

Anyone perpetrating off-shore tax evasion as incidents of homeless children rise is a toxic narcissist.

 

[KeithD]

We'd be a lot better if we just collected the taxes from the rich that they supposedly pay. We don't. Dawn doesn't seem bright enough to realize that.

 

[BotanyBoy]

Anyone perpetrating off-shore tax evasion as incidents of homeless children rise is a toxic narcissist.

It's not evasion...you got your piece and now it's gone.

As much as you would like to keep taxing it until it's all gone you just can't.

Suck it.

We'd be a lot better if we just collected the taxes from the rich that they supposedly pay. We don't. Dawn doesn't seem bright enough to realize that.

Cite?

According to google, the government and a few dozen watchdog organizations both left and right the only people not paying income taxes are the lower 45%....the middle class chips in a bit and the rich (top 10%) cover the majority.

https://www.google.com/search?rlz=1...4.psy-ab..26.2.1451...0j35i39k1.0.UhpZIqBXjDQ

 

[cherries_on_snow]

It's not evasion...you got your piece and now it's gone.

As much as you would like to keep taxing it until it's all gone you just can't.

Suck it.



Cite?

According to google, the government and a few dozen watchdog organizations both left and right the only people not paying income taxes are the lower 45%....the middle class chips in a bit and the rich (top 10%) cover the majority.

https://www.google.com/search?rlz=1...4.psy-ab..26.2.1451...0j35i39k1.0.UhpZIqBXjDQ

You are bullshitting. Cite legitimate sources in context. I think tax evadsion is a natural product of illegal commerce. But those making legitimate income and still evading tax are dogshit.

 

[BotanyBoy]

You are bullshitting.

About what?

Cite legitimate sources in context.

For what? That the rich are paying most the income tax?

Click the google search...I already did the hard work and served it to you on a silver platter.

Besides, it's basic logic that only people with money/property to tax, pay income/property taxes.

Who do you think gave the government 3.4 Trillion bucks last year?

Hint: it wasn't poor people...they don't have it.

I think tax evadsion is a natural product of illegal commerce.

It's not natural, it's government forced.

You can't give the government taxes or even put money in a bank that is a product of criminal activity.

I mean you can....but you'll go to prison because it's admission of a crime.

And besides, if we stopped criminalizing so much commerce for the sake of market manipulation/control that would be less of an issue.

But those making legitimate income and still evading tax are dogshit.

The vast majority don't evade taxes.

 

[KeithD]

Y But those making legitimate income and still evading tax are dogshit.

You mean like Donald Trump who openly admits he evades paying taxes.

https://www.nytimes.com/2016/10/10/us/politics/donald-trump-taxes.html

As I posted, evading paying their taxes is the favorite game of the top 1%, so pointing to their tax percentage is just so much evasive crap.

 

[cherries_on_snow]

Taxes should be slated according to impact.
Fossil fuel merchants who may hasten the end of life on this planet? 90%. Sex traffickers (if one could tax them) 90% or 120% if they traffick children. Weapons manufacturers who leverage legislation to permit straw man purchases that enable thousands of murders south of Texas?
90%. Scientology? 90%. Teachers, sanitation workers, musicians, park rangers, etc, 5%.

 

[BotanyBoy]

You mean like Donald Trump who openly admits he evades paying taxes.

https://www.nytimes.com/2016/10/10/us/politics/donald-trump-taxes.html

As I posted, evading paying their taxes is the favorite game of the top 1%, so pointing to their tax percentage is just so much evasive crap.

Using the system to pay as little as possible isn't evading taxes.

Don't hate the player, hate the game


Maybe some tax code reforms are in order.

We should make it simple and equal for all.

Everyone gives 30% of whatever is left over after a basic set of exemptions (charity, investments, etc)

 

[BotanyBoy]

Taxes should be slated according to impact. Fossil fuel merchants who may hasten the end of life on this planet? 90%. Sex traffickers (if one could tax them) 90% or 120% if they traffick children. Weapons manufacturers who leverage legislation to permit straw man purchases that enable thousands of murders south of Texas?
90%. Scientology? 90%. Teachers, sanitation workers, musicians, park rangers, etc, 5%.

I think teachers, musicians, government employees should pay their fair share too.

The 90-100% taxation is just prohibition and inviting a black market again....fail.

No more freedom of religion? Yea...best of luck with that.

If you really feel that way you might want to consider leaving the USA, it's going to be a horrible place for you.

 

[coachdb18]

Taxes should be slated according to impact.
Fossil fuel merchants who may hasten the end of life on this planet? 90%. Sex traffickers (if one could tax them) 90% or 120% if they traffick children. Weapons manufacturers who leverage legislation to permit straw man purchases that enable thousands of murders south of Texas?
90%. Scientology? 90%. Teachers, sanitation workers, musicians, park rangers, etc, 5%.

Taxes should be for services provided. They are NOT weapons for SJW’s. If you want compensation for damages of some kind, you need to file charges through an appropriate court and win a judgement for a fine. Don’t confuse the use of taxes with punishments for civil infractions.

For hundreds of years, the Catholic Church collected a tithe, which paid for all the things that taxes cover today. And the church became rich at that rate. It was more than enough, and still is. We should never pay more than 10% TOTAL for all taxes collected by ALL government entities (federal, state, county, city, etc.) Entitlements should never have been a tax in the first place, but FDR shoved the Socialist Security Ponzi scheme in America, Obama slapped us with Obamacare, etc to the tune of a $20T debt. Insane!

 

[cherries_on_snow]

Oh please. Debt increased more under every Republican president since Eisenhower. Also Obama inherited an economic meltdown from "no articulated goal" warhawk GW Bush. Look at the leap in debt under Reagan! Trickle down economics are white man myth, similar to larynx located clitorises.

 

[cherries_on_snow]

I think teachers, musicians, government employees should pay their fair share too.

The 90-100% taxation is just prohibition and inviting a black market again....fail.

No more freedom of religion? Yea...best of luck with that.

If you really feel that way you might want to consider leaving the USA, it's going to be a horrible place for you.

So you are cheerleading on behalf of global warming scientologists? I am happily living in New York City. I guess that's considered America? Kind of.

 

[coachdb18]

Oh please. Debt increased more under every Republican president since Eisenhower. Also Obama inherited an economic meltdown from "no articulated goal" warhawk GW Bush. Look at the leap in debt under Reagan! Trickle down economics are white man myth, similar to larynx located clitorises.

The only thing Obama inherited was a Kenyan communist radical father. His ‘stimulus’ was as bad as FDR’s Great Depression, both leaving the US economy in bad shape years longer than the rest of the world that got back on their feet quicker than we did. Trump has turned the corner on the ‘days of malaise’ just as Reagan did in recovering from troubled Jimmy Carter and his 20% mortgage rates and gas lines.

 

[Blue]

Trump has turned the corner on the ‘days of malaise’ just as Reagan did in recovering from troubled Jimmy Carter and his 20% mortgage rates and gas lines.

Can you give an example?

 

[BotanyBoy]

Taxes should be for services provided. They are NOT weapons for SJW’s.

Oh yes it is....that's what they clearly think taxation is and should be.

To punish those they deem to be not progressive enough.

So you are cheerleading on behalf of global warming scientologists? I am happily living in New York City. I guess that's considered America? Kind of.

No I'm cheerleading on behalf of equal treatment under the law, freedom of association, commerce, speech and religion.

Things you're clearly against.

Technically....though lately NYC is about at American as the Korenghal valley, filled with anti-American shit heads.

I'm assuming you're as much of a USA hating leftist as the rest of the degenerates that inhabit that dumpster you call a city??

 

[cherries_on_snow]

So BotanyBoy, you have no sense of humor at all. Also my grandma riveted the planes that won WW II. Both grandfathers fought for this country. My daughter was a tank gunner in Afghanistan. By brother is National Guard. Easy on the un-American McCarthyism, buddy

 

[coachdb18]

So BotanyBoy, you have no sense of humor at all. Also my grandma riveted the planes that won WW II. Both grandfathers fought for this country. My daughter was a tank gunner in Afghanistan. By brother is National Guard. Easy on the un-American McCarthyism, buddy

It’d be a shame to see all your anti-American behavior undo the work the rest of your family can take credit for, but your trying to take credit for it is pathetic.

 

[cherries_on_snow]

You're. Contractions are so useful.

 

[cherries_on_snow]

Why shouldn't wealthy people pay their fair share? I pay 17%. Why shouldn't they?

 

[coachdb18]

You're. Contractions are so useful.

Your anti-American behavior... used correctly
The rest if your family ... used correctly
Your trying to take credit ... used correctly (used as in your attempt to take credit)

Before correcting someone, be sure you’re correct... used correctly

Egghead fucking liberals ... geesh

 

[cherries_on_snow]

It’d be a shame to see all your anti-American behavior undo the work the rest of your family can take credit for, but your trying to take credit for it is pathetic.

In what way is it unpatriotic to want my country to fairly ask all citizens to contribute? I contribute through taxes and service. The true traitors are those who cheat the country of what it is due.

 

[coachdb18]

Why shouldn't wealthy people pay their fair share? I pay 17%. Why shouldn't they?

Since you aren’t wealthy (implied from your comment) you feel entitled to use taxes to punish those who are. Redistribution of the wealth is a communist dream, perhaps you should go live where it’s in practice. We however live in a free country where free enterprise and a work ethic have value.

Taxes are for government NEEDS, not wants. And they are never morally right when used for social manipulation by government