Trumps true colors come out

[Black Ice]

Trumps true colors come out

I'm sure your wife has classmates that she makes twice more per hour than and I'm sure she has classmates that make more than she does. Both groups whom were "smarter" and "more determined" than your wife.



It's not all about smarts and determination.

Sometimes, people just get lucky breaks.

Look at this clock radio bomb boy in Dallas.

He's probably very average.

But his family cooked up a scheme to get him exposure which has given him an edge to get invited to Google, The White House and Harvard (or one of those Ivy League Schools).



There are people reaching all the way back to grade school who are smarter and more determined than me, but I'm pretty sure I "earn more" than they do. I was simply "lucky" enough to fall into the positions that I've landed.



I could have been determined as much as I wanted and had the best attitude but I was never going to be playing pro ball for the Rangers.



Life is not fair.

Life's not fair lol. Life is about taking risk. You want it or you don't. It's all about what you are willing to risk( or have the smarts to do so). People that are comfortable and are scared to take risk will be the people that have a roll making $45,000 a year and retire making $60,00 a year in 20 years getting a 2 to 4% raise with a cap on total earnings. I was once one of those people who was scared to take a risk because I was so good at what I did making $65,000 a year and 20 years from now I would be making the same amount. I took and risk and it paid off. It may not pay off for everybody but you never know until you try. Not everyone has the drive and talent to make six figures so there will always be those people making $35k a year.

It's also about added stress. Some people are happy without the added stress in life that a big salary income brings.

[Playa]

I'm not saying you can make a career out of flipping burgers at McDonald's but I thought being a pre-K teacher would be something someone could do for 5-10 years and "raise a family on" earning those wages.
I was wrong.
That work can pay $10-18 per hour depending upon which place you go.
If the daycare is only charging $800-$1k per month per kid, how much do you think they can pay their workers?

It's a sad day when we don't want those making less than $2k per month to not pay taxes and we also don't want those that make under $4k per month to earn overtime.

Your wife is a nurse. But if the nursing market in Texas gets flooded by Philipinos like it has in California get ready for wage stagnation.
No more $1k shifts

Have you actually run the numbers on a couple making $4k per month (GROSS) and what they can do with that?
Say 25% goes to taxes
That's $3k left
Then they have $3k left to live, eat, get to work, yeah that 's pretty crazy.
That's TWO PEOPLE that have worked 320 hours in a month for that money.


This is a crazy place where we hope and pray for $3 gas so we can have $80k oil hands but we keep our feet on the necks of those stroking 40 every week in and week out for a measley $2k per month

Yes you are right life isn't fair, healthy people die young, natural disasters destroy homes etc, but none of that has anything to do with earning potential.

People are paid based on their ability to generate revenue & the ease in which it is to replace them. If you want to make more money, generate revenue or find a skill that others do not easily posses.

I have no college degree & I earn double what both of my sisters with masters degrees in education make. It's not because I am a man, or lucky or had the right contacts. It's because early in my career I learned I had 2 very valuable skills. The ability to forge relationships & a comfort speaking on stage, neither of which is very common. I worked to develop both. It's amazing how much people will buy from you if they trust you, so I generate revenue for my employer & im indispensable, therefore I'm rewarded.


Frankly in your example, neither of those are very skilled positions. But they are platforms for it if they want to set their mind to it. The gentlemen in you example sounds like my father in law. Spent a career hanging drywall for marek, but learned the math of estimating it. Now he is an estimator & makes $100k plus & has a good upper middle class life.

If the female in your example loves what she does she can find better paying jobs at higher end childcare facilities. Mine charges double that and I'm certain their teachers make more. Or better yet, maybe that doesent exist where she lives, she could start her own daycare.

[SB09]

I've never figured out the mindset folks have for penalizing those that do well for themselves...

You're blatantly disregarding the context of what people are saying here. Nobody is saying to penalize a person that does well for themselves. Simply close the loopholes those with money/power get to exploit. I'm all for a flat tax myself. Then, nobody can cry foul and say they're doing more than the next person. I guess the notion of a flat tax is just too simple.



Title of this thread, and the notion this is socialist, is ridiculous to me...

[Texas8point]

So he's a socialist........ and he's done.


http://www.msn.com/en-us/news/politi...d=ansmsnnews11

The link provided is an MSN link........ My American values will not allow me to click on it !

[Sticks&Strings]

A flat tax is only fair. The wealthy still pay more In taxes but it's relative. What bothers me is the ability to let big money people and companies dictate rules, laws, and control those in office. That to me is the bigger issue as they sculpt them to benefit them and them only. It kind of eliminates the idea of equal opportunity in this country. I'm self employed and it hurts writing big checks to the Irs when I could use those funds to start more projects or hire an employee. But, the government thinks it's what is best. They don't know crap in my opinion. Tax more people less money than less people more money. The Walmart way of pricing goods. Sell them cheap, just sell more.

[nchunter]

I still think people are not understanding how our progressive tax system works. I hear this all the time when people complain and say "i got a raise and now I make less because I pay more in taxes". With our current system and the way Trump is looking at it, is straightforward. Essentially, the first 50k for anyone married is tax free. So if you make 150k a year your taxes would be 0% on the first 50k. 15% on the next 50k-100k and 25% on the 100k-150k. (i'm not sure if I have his % correct, but its for illustration purposes) So if you want to pay no taxes then only work up to 50k with your spouse. If for some reason you make 60k a year you would pay taxes only on the 10k over. I think lots of people would like the idea of doing this, but 0% is pretty radical and I don't think the country could afford it. The idea of lowering corporate tax rates is great since the US is either first or second in the world which is riduculous. What is a known fact is that the lower the rate is, the more likely companies are to pay it and not avoid it with offshoring money.

[Tommyh]

I"m talking about people like me... or my parents, or anyone that has paid taxes for 20 years. (i.e. under the unfair tax regulations) now, the game changes. We've saved our money, been prudent, and been penalized under a tax scheme that sets people up for failure. the more you make, the higher rate you pay.

if you're 25, and have barely paid into the system, maybe it's no big deal. If you're a few years away from no longer having an active income and close to retirement, or people that are already retired, it's a huge deal, and very unbalanced.

the easy fix to this is simple, just like theyve done with testing in schools. you start it out at the beginning of that grade, and through attrition, the people who are left paying SS one way will eventually be depleted, while having the up and comers paying another. Its been done with pension plans as well, so it should work just fine.

a flat tax is the only way to make it fair for everyone to pay equally regardless of income level. no deductions, no shenanigans, all business. reduce the IRS size as it wouldnt be needed to do auditing, there wouldnt be a need to file returns, etc.

worried about those taxes already on things like cigarettes and alcohol on top of it? Remove them because the govt shouldnt be in the business of taxing morality, and people know by now that the stuff will wreck you.

[Hydestik]

I'd bet if you divided it all up equally and let free enterprise do its thing, in about 10 years it'd be back to where it's at today.

That's a very good point ...

[Tommyh]

A flat tax is only fair. The wealthy still pay more In taxes but it's relative. What bothers me is the ability to let big money people and companies dictate rules, laws, and control those in office. That to me is the bigger issue as they sculpt them to benefit them and them only. It kind of eliminates the idea of equal opportunity in this country. I'm self employed and it hurts writing big checks to the Irs when I could use those funds to start more projects or hire an employee. But, the government thinks it's what is best. They don't know crap in my opinion. Tax more people less money than less people more money. The Walmart way of pricing goods. Sell them cheap, just sell more.

making lobbying illegal, or impose a 5 yr moratorium on politicians going into firms that do lobby to remove the influence they have from their positions. campaign finance reform will happen again, but it has to be done constitutionally.

[txjustin]

This graph is a joke. Yes they pay more tax but that is not the issue, the issue is percent of income. I pay way more percentage of income toward tax than anyone in the top 1%. I would like my tax lowered but if it doesn't get lowered that's ok. Just make everyone responsible for the same percentage. Then no one can claim they were done wrong.

YOu realize the top 1% make most of their income off capital gains and dividends right?
Hint: If either of those taxes get increased it will negatively effect you.

[kyle1974]

the easy fix to this is simple, just like theyve done with testing in schools. you start it out at the beginning of that grade, and through attrition, the people who are left paying SS one way will eventually be depleted, while having the up and comers paying another. Its been done with pension plans as well, so it should work just fine.

a flat tax is the only way to make it fair for everyone to pay equally regardless of income level. no deductions, no shenanigans, all business. reduce the IRS size as it wouldnt be needed to do auditing, there wouldnt be a need to file returns, etc.

worried about those taxes already on things like cigarettes and alcohol on top of it? Remove them because the govt shouldnt be in the business of taxing morality, and people know by now that the stuff will wreck you.

that last post was in reference to a sales tax. I'm all for a flat rate income tax... no loopholes or deductions.

[meltingfeather]

I can't figure out the socialism angle either.

It's typical partisan, sound byte/buzz word political commentary, not a thought out analysis. I think this sort of "discussion" is what has politics in this country paralyzed.

[gumbl3]

Haven't read any of this but he's said he wants to go after hedge fund guys that aren't paying tax

[bdchorn]

Short of a flat tax, nothing will be fair.

I don't disagree but flat tax is regressive and many would argue that by definition it isn't fair

[SB09]

I don't disagree but flat tax is regressive and many would argue that by definition it isn't fair

How so?