Illinois 15 dollar/hr incremental raise

[billt460]

Originally Posted by Wolf359
Your rants are fun, but you seem to miss the point that the government also helps the rich get where they are. You don't have one without the other. They also broke up monopolies. Apple wouldn't be around today if Microsoft wasn't afraid that the government was going to come down hard on them. They actually fed Apple a lifeline at one point. You can't be both pro business using their influence to increase profits and also against the people using their influence to increase their wages.

Of course they do. We are a capitalist nation. Big business along with the wealthy who own and run them account for over 90% of the Federal income tax collected. The top 1% income earners pay over 90% of the total Federal income tax collected. You don't bite the hand that feeds you.

If these socialism lovers succeed in raising the tax on business to unacceptable levels, they'll take their money and companies and leave. Then who is going to support all of their give away programs they so desperately want? This is already happening at the state levels in New York and California. Their operating budgets are ever increasing with all of their liberal social programs. While their tax base is shrinking. Both of these states are in serious financial trouble as a result. Now apply the same at the Federal level. How do you spell financial disaster?

This has been played out in countries across the globe, all but countless times. The result is always the same..... Economic failure.

 

[billt460]

Originally Posted by ZZman
I guess Corporate Patriotism is just a fantasy. Maximize profits to give to shareholders, not to America.

The shareholders are Americans. Who should get the profits, the people who DON'T own the stock? Get real.

 

[StevieC]

Yeah I don't think so Billt460...

https://www.cbpp.org/research/federal-tax/policy-basics-where-do-federal-tax-revenues-come-from

Quote
Corporate income taxes make up about 9 percent of federal revenue

Quote
Almost half of all federal revenue (48 percent) comes from individual income taxes. The income tax is generally progressive: higher-income households pay a larger share of their income in income taxes than lower-income households do.

Another 35 percent of revenue comes from payroll taxes, which are assessed on the wage or salary paychecks of almost all workers and are used to fund Social Security, Medicare Hospital Insurance, and unemployment insurance. By law, employers and employees split the cost of payroll taxes, but research has shown that employers pass their portion of the cost on to workers in the form of lower wages.


So why do they get all the tax breaks again? Oh that's right because they line the pockets of legislators to keep it that way. They "Socialize the debt and taxes and privatize the profits for themselves" Good system this "Capitalism".

 

[Wolf359]

Originally Posted by billt460
Originally Posted by Wolf359
Your rants are fun, but you seem to miss the point that the government also helps the rich get where they are. You don't have one without the other. They also broke up monopolies. Apple wouldn't be around today if Microsoft wasn't afraid that the government was going to come down hard on them. They actually fed Apple a lifeline at one point. You can't be both pro business using their influence to increase profits and also against the people using their influence to increase their wages.

Of course they do. We are a capitalist nation. Big business along with the wealthy who own and run them account for over 90% of the Federal income tax collected. The top 1% income earners pay over 90% of the total Federal income tax collected. You don't bite the hand that feeds you.

If these socialism lovers succeed in raising the tax on business to unacceptable levels, they'll take their money and companies and leave. Then who is going to support all of their give away programs they so desperately want? This is already happening at the state levels in New York and California. Their operating budgets are ever increasing with all of their liberal social programs. While their tax base is shrinking. Both of these states are in serious financial trouble as a result. Now apply the same at the Federal level. How do you spell financial disaster?

This has been played out in countries across the globe, all but countless times. The result is always the same..... Economic failure.


I don't know what you're talking about. They just lowered the tax on corporations and the corporations weren't even asking for it. Now you're ranting about how they might be raised? Stuff gets proposed all the time and it never passes.

You might want to reconsider your paranoia and delusions.

 

[02SE]

Originally Posted by StevieC
CBPP.org


Yeah, no agenda there.

I guess changing their name to 'Socialism Now', would be too obvious.

 

[StevieC]

See where the data came from? Truth sucks eh?


Originally Posted by 02SE
Originally Posted by StevieC
CBPP.org

Yeah, no agenda there.

I guess changing their name to 'Socialism Now', would be too obvious.

 

[02SE]

See what their "agenda" is? They have a goal, and use any and all means to further that idea.

Anyone familiar with Statistics, knows that numbers can always be presented in such a way to support whatever conclusion you wish to achieve.

I recall a good book "How To Lie with Statistics" by Darrell Huff.

Sucks to be so gullible, eh?

 

[StevieC]

Originally Posted by 02SE
See what their "agenda" is? They have a goal, and use any and all means to further that idea.

Anyone familiar with Statistics, knows that numbers can always be presented in such a way to support whatever conclusion you wish to achieve.

I recall a good book "How To Lie with Statistics" by Darrell Huff.


How about this then: https://www.statista.com/statistics/216928/us-government-revenues-by-category/

 

[StevieC]

Or we could go to the horses mouth. The I.R.S.

https://www.irs.gov/statistics/soi-tax-stats-tax-stats-at-a-glance

 

[02SE]

Oh good, more graphs. Any Youtube videos too? PM's from other members?

I suggest you study Statistics.

Or at least pick up a copy of the book I mentioned.

 

[StevieC]

Originally Posted by 02SE
Oh good, more graphs. Any Youtube videos too? PM's from other members?

I suggest you study Statistics.

Or at least pick up a copy of the book I mentioned.

Just posted right from IRS above, argue with that or are they "Lying" as well? Feel free to post whatever proof you have from your non-lying sources... Happy to read it.

 

[02SE]

LOL.

Keep editing, maybe you'll convince someone. Maybe just post graphs, youtube videos.

As for the IRS... No possible agenda there. One Lois Lerner comes to mind... the real question is, who put her up to it?

 

[StevieC]

Keep editing? Click the link it will take you to the same content...

Originally Posted by 02SE
As for the IRS... No possible agenda there. One Lois Lerner comes to mind... the real question is, who put her up to it?

Typical, bet you wear a tinfoil hat and watch Fox News right? Got your MRE's and Guns ready?

Have a good Friday...

 

[02SE]

Originally Posted by StevieC
Keep editing? Click the link it will take you to the same content...

Originally Posted by 02SE
As for the IRS... No possible agenda there. One Lois Lerner comes to mind... the real question is, who put her up to it?

Typical, bet you wear a tinfoil hat and watch Fox News right? Got your MRE's and Guns ready?

Have a good Friday...


Can't handle the fact that the IRS is demonstrably NOT the honest entity you want to believe? Can't handle the fact that I am right?

Maybe post more statistical graphs and Youtube videos. I am having fun getting paid to hang with friends while on a weather delay. Oh, and laughing at you...

 

[StevieC]

I posted 3 sources all showing the same thing, you questioned them all and provided nothing to back it up, all you had to say was that they lying.

Yeah I'm done here. Happy Friday.

 

[billt460]

"The top 1 percent paid a greater share of individual income taxes (39.5 percent) than the bottom 90 percent combined (29.1 percent).The share of income earned by the top 1 percent of taxpayers rose to 20.6 percent in 2014. Their share of federal individual income taxes also rose, to 39.5 percent. In 2014, the top 50 percent of all taxpayers paid 97.3 percent of all individual income taxes while the bottom 50 percent paid the remaining 2.7 percent."

https://taxfoundation.org/summary-latest-federal-income-tax-data-2016-update/

Just as I originally said. You are trying to over complicate this to defend your bogus narrative, which simply isn't true.

 

[billt460]

Originally Posted by Wolf359
I don't know what you're talking about. They just lowered the tax on corporations and the corporations weren't even asking for it. Now you're ranting about how they might be raised?

I know you don't know what I'm talking about. You are making that painfully obvious. I am talking about the top 1% of individual PEOPLE. Not CORPORATIONS. Learn to read what's written. It's right above this. Read it again, and let it soak in this time. If you don't believe it, read the link I provided. It's a direct quote from that.

 

[billt460]

So.... The bottom line is, no matter how abstractly you want to look at all of this, or how many pie charts and graphs you want to post. It doesn't change the FACT that the bottom 50% of individuals in this country, (which includes all of the less fortunate deadbeats you want to get socialist handouts from the government), are not even currently paying 3% of all the Federal income taxes that are currently being collected in this country.

 

[Wolf359]

Originally Posted by Wolf359
Originally Posted by billt460
Originally Posted by Wolf359
Your rants are fun, but you seem to miss the point that the government also helps the rich get where they are. You don't have one without the other. They also broke up monopolies. Apple wouldn't be around today if Microsoft wasn't afraid that the government was going to come down hard on them. They actually fed Apple a lifeline at one point. You can't be both pro business using their influence to increase profits and also against the people using their influence to increase their wages.

Of course they do. We are a capitalist nation. Big business along with the wealthy who own and run them account for over 90% of the Federal income tax collected. The top 1% income earners pay over 90% of the total Federal income tax collected. You don't bite the hand that feeds you.

If these socialism lovers succeed in raising the tax on business to unacceptable levels, they'll take their money and companies and leave. Then who is going to support all of their give away programs they so desperately want? This is already happening at the state levels in New York and California. Their operating budgets are ever increasing with all of their liberal social programs. While their tax base is shrinking. Both of these states are in serious financial trouble as a result. Now apply the same at the Federal level. How do you spell financial disaster?

This has been played out in countries across the globe, all but countless times. The result is always the same..... Economic failure.


I don't know what you're talking about. They just lowered the tax on corporations and the corporations weren't even asking for it. Now you're ranting about how they might be raised? Stuff gets proposed all the time and it never passes.

You might want to reconsider your paranoia and delusions.


Originally Posted by billt460
I know you don't know what I'm talking about. You are making that painfully obvious. I am talking about the top 1% of individual PEOPLE. Not CORPORATIONS. Learn to read what's written. It's right above this. Read it again, and let it soak in this time. If you don't believe it, read the link I provided. It's a direct quote from that.


It's clear that you're trying to change the subject and say you didn't say it when it's clear what you said. Maybe you should read it again and quote things correctly.

 

[billt460]

Originally Posted by Wolf359
It's clear that you're trying to change the subject and say you didn't say it when it's clear what you said. Maybe you should read it again and quote things correctly.

"The top 1% income earners pay over 90% of the total Federal income tax collected."

Yes, it is clear what I said...... Just not to you. Now there it is again. It's right above. I just cut and pasted it. How much clearer can I possibly make it? The top 1% income earners. How do you translate that into, "corporations"?