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Capt11 · 46-50, M
If I understand your question, people who own small businesses help create jobs. Also companies that receive funds from investors create jobs. As for your tax question, people who have more assets usually have more deductions. They also don't have standard reportable income. It is not the same as a traditional employee.
SW-User
Depends on your perspective. Consumer demand creates jobs in the private sector. Those with capital or access to it tend to be best positioned to take advantage of the opportunity that creates and are the primary beneficiaries. To the victor goes the spoils. Those who have pay a portion in taxes the wealthy class often has more control over how their income is structured and use it to pay the almost as little as a percentage of income as poor Americans but because their income is so great, the numbers frequently seem to be quite large. It's easier to just assume small businesses create the most jobs, there's truth to it and someone to praise, but it's more accurate to say that the market creates the jobs in America funded by tax dollars and private equity.
SW-User
@laotzu92 A little more cynical and cruder but hard to argue with. I hope that the positive growth of promotions to shop local demonstrate at least a small amount of consumer awareness. Thanks for pointing it out.
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StrictSouthernHOH · 46-50, M
@Hoosierxdaddy62 Much of that income iscapital gains and dividends which are taxed at a lower rate. This encourages investment and job creation in America. Biden's plan to raise the capital gains rate has been proven to.be economically harmful. All it would do is take money away from successful investors and give it to a government that is over $34,000,000,000,000 in debt.
Hoosierxdaddy62 · 61-69, M
@StrictSouthernHOH not buying it. The economy is doing quite well by all leading indicators except inflation, which has been tampered. Lets talk about record corporate profits for a second...
samueltyler2 · 80-89, M
@StrictSouthernHOH what made up the greatest ever addition to the national debt, aside from war?
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samueltyler2 · 80-89, M
@serenecourt101 One such person once said he is smart because he pays little or no taxes, and his followers still fall in line behind his authoritarian tendencies!
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samueltyler2 · 80-89, M
@serenecourt101 this is sort of a misquote. percentage wise, he may appear to be paying no taxes, but actually he paid over 23 million dollars in some years. Some billionaires manage to structure their income so as to have no adjusted gross income, thus might avoid taxes. It is the fact that a Warren Buffet pays taxes at a very low rate, reports vary but some say less than 1%, while others less rich pay a far greater rate, which is irksome. It would be nice if those high earners were very high in philanthropy, but many won't even admit to that.
https://economictimes.indiatimes.com/news/international/from-bezos-to-buffet-most-prominent-billionaires-paid-nearly-no-federal-income-tax/true-tax-rate-of-0-1/slideshow/83367340.cms
https://economictimes.indiatimes.com/news/international/from-bezos-to-buffet-most-prominent-billionaires-paid-nearly-no-federal-income-tax/true-tax-rate-of-0-1/slideshow/83367340.cms
SomeMichGuy · M
Most taxes are paid by the rich, but the percentage of their gross income which paid as taxes is typically not reported, since it is usually based on AGI, which difference favors the rich, just like various tax loopholes, etc.
Jobs...this is a thicket, because it depends upon the economy, and there is an often mis-quoted report from the 1970's which has never been corrected in the minds of Americans.
Jobs...this is a thicket, because it depends upon the economy, and there is an often mis-quoted report from the 1970's which has never been corrected in the minds of Americans.
samueltyler2 · 80-89, M
@SomeMichGuy this issue is always hotly debated, and very confusing:
https://itep.org/who-pays-taxes-in-america-in-2019/?gclid=CjwKCAjwkLCkBhA9EiwAka9QRjOHHmUE1Iy_ftAXKabptmcHQSe4qWZiMgHVm33uvLzRz6nFqgaprRoC0n4QAvD_BwE
https://www.pgpf.org/budget-basics/who-pays-taxes?utm_term=federal%20tax%20paid%20by%20income%20level&utm_campaign=Who+Pays+Taxes&utm_source=adwords&utm_medium=ppc&hsa_acc=1523796716&hsa_cam=723350289&hsa_grp=43665064996&hsa_ad=599243021016&hsa_src=g&hsa_tgt=kwd-311422720471&hsa_kw=federal%20tax%20paid%20by%20income%20level&hsa_mt=b&hsa_net=adwords&hsa_ver=3&gclid=CjwKCAjwkLCkBhA9EiwAka9QRnE7GQh21xo4VNDImrwxGQ3OrknE3HpGFqWGwmzvOUAyAJxXF0kNlhoCKnoQAvD_BwE
https://itep.org/who-pays-taxes-in-america-in-2019/?gclid=CjwKCAjwkLCkBhA9EiwAka9QRjOHHmUE1Iy_ftAXKabptmcHQSe4qWZiMgHVm33uvLzRz6nFqgaprRoC0n4QAvD_BwE
https://www.pgpf.org/budget-basics/who-pays-taxes?utm_term=federal%20tax%20paid%20by%20income%20level&utm_campaign=Who+Pays+Taxes&utm_source=adwords&utm_medium=ppc&hsa_acc=1523796716&hsa_cam=723350289&hsa_grp=43665064996&hsa_ad=599243021016&hsa_src=g&hsa_tgt=kwd-311422720471&hsa_kw=federal%20tax%20paid%20by%20income%20level&hsa_mt=b&hsa_net=adwords&hsa_ver=3&gclid=CjwKCAjwkLCkBhA9EiwAka9QRnE7GQh21xo4VNDImrwxGQ3OrknE3HpGFqWGwmzvOUAyAJxXF0kNlhoCKnoQAvD_BwE
SomeMichGuy · M
@samueltyler2 Actually, the reporting mostly IS on the AGI, not on thd gross income.
Just look at it.
People would be REALLY upset if they saw numbers reported by *all positive contributions to income*, without adjustment down to the AGI.
Just look at it.
People would be REALLY upset if they saw numbers reported by *all positive contributions to income*, without adjustment down to the AGI.
samueltyler2 · 80-89, M
southbeachguy · 46-50, M
Patriot96 · 56-60, C
Not many i am afraid. Especially this current crop edjumikated graduates or the current biden administration
zeppo313 · 36-40, M
I would really be interested to know what you think.
SomeMichGuy · M
@zeppo313 ...where are Groucho, Chico, Harpo...?
ozgirl512 · 26-30, F
Is it too late to pass on this? 🤔
RealMustangGuy · 61-69, MVIP
This is from the Tax Foundation's web site and covers U.S. personal income taxes for 2013, the most current year they show:
"•In 2013, 138.3 million taxpayers reported earning $9.03 trillion in adjusted gross income and paid $1.23 trillion in income taxes.
•Every income group besides the top 1 percent of taxpayers reported higher income in 2013 than the previous year. All income groups paid higher taxes in 2013 than the previous year.
•The share of income earned by the top 1 percent of taxpayers fell to 19.0 percent in 2013. Their share of federal income taxes fell slightly to 37.8 percent.
•In 2012, the top 50 percent of all taxpayers (69.2 million filers) paid 97.2 percent of all income taxes while the bottom 50 percent paid the remaining 2.8 percent.
•The top 1 percent (1.3 million filers) paid a greater share of income taxes (37.8 percent) than the bottom 90 percent (124.5 million filers) combined (30.2 percent).
•The top 1 percent of taxpayers paid a higher effective income tax rate than any other group, at 27.1 percent, which is over 8 times higher than taxpayers in the bottom 50 percent (3.3 percent)."
"•In 2013, 138.3 million taxpayers reported earning $9.03 trillion in adjusted gross income and paid $1.23 trillion in income taxes.
•Every income group besides the top 1 percent of taxpayers reported higher income in 2013 than the previous year. All income groups paid higher taxes in 2013 than the previous year.
•The share of income earned by the top 1 percent of taxpayers fell to 19.0 percent in 2013. Their share of federal income taxes fell slightly to 37.8 percent.
•In 2012, the top 50 percent of all taxpayers (69.2 million filers) paid 97.2 percent of all income taxes while the bottom 50 percent paid the remaining 2.8 percent.
•The top 1 percent (1.3 million filers) paid a greater share of income taxes (37.8 percent) than the bottom 90 percent (124.5 million filers) combined (30.2 percent).
•The top 1 percent of taxpayers paid a higher effective income tax rate than any other group, at 27.1 percent, which is over 8 times higher than taxpayers in the bottom 50 percent (3.3 percent)."
SatyrService · M
I find the term job Creator, to be a misnomer. Most the time the term is used on certain media Outlets to mean a rich guy!
Most of the people who are wealthy and are becoming more wealthy are not doing so by creating jobs they're doing so by manipulating finance and in fact most of these so-called job creators, actually only create jobs in the financial sector and or overseas.
It is the middle class, that drives our economy not the upper 1%. It is small and middle-sized companies, that create the most jobs.
When Ultra large businesses conglomerate together the first thing to go is employment Amazon our beloved giant company, had roughly 60 thousand employees 5 years ago the same amount of money they process, if run through small and medium-sized company would have six hundred thousand jobs!
the average worker in the United States actually makes less money now than they did in the early 70s. by comparison the income of the highest classes has skyrocketed.
income inequality in America is currently kicking at roughly the same rate as it did in the 1928 crash.
The most prosperous. Time, In recent American history was the post-war boom through the early 70s.
Income inequality was much lower tax rates on the highest percent or higher education was cheaper at a better educated Workforce earned more money, and thus could spend more money keeping the economy of those days robust. Since then, the so-called job creators, and the politicians they own, in both parties, have sent most well paying American jobs overseas. So many familiar American company names like Black and Decker and Coleman and thousands of others are now just logos that are slapped on products made most often in China.
To make matters worse, the US dollar has slid to astounding Lows in absolute value since that trasition time in the 1970s when they proceeded to deregulate Banks deregulate media allowing it to be concentrated into the hands of a very few very conservative corporations, the major commercial Banks now create our money supply, by creating loans that at the top provide value to those at the top but by the time the money gets to you and I and the teacher and the worker it has lost its value and so we pay Evermore while having stagnant wages.
What few jobs are currently created within the United States generally no longer have benefits or reduced ones, often have no retirement funds available. And are themselves low-paying often service-sector jobs. If you are still reading I should love to suggest a few things to watch that go into this subject in Greater detail than I can hear.
if we really wanted to create more jobs, good enough to take care of a family, then we might look to Nations like Germany and Sweden and some of the others in the European Union that go to Great Lengths to make sure their Workforce is well-trained and they have Industries to take them.
the truest job creators, come from having a healthy and robust middle class.
the American oligarchs primarily just use their money to make that stack bigger to the detriment of all working people.
Still want to talk about taxes?
Most of the people who are wealthy and are becoming more wealthy are not doing so by creating jobs they're doing so by manipulating finance and in fact most of these so-called job creators, actually only create jobs in the financial sector and or overseas.
It is the middle class, that drives our economy not the upper 1%. It is small and middle-sized companies, that create the most jobs.
When Ultra large businesses conglomerate together the first thing to go is employment Amazon our beloved giant company, had roughly 60 thousand employees 5 years ago the same amount of money they process, if run through small and medium-sized company would have six hundred thousand jobs!
the average worker in the United States actually makes less money now than they did in the early 70s. by comparison the income of the highest classes has skyrocketed.
income inequality in America is currently kicking at roughly the same rate as it did in the 1928 crash.
The most prosperous. Time, In recent American history was the post-war boom through the early 70s.
Income inequality was much lower tax rates on the highest percent or higher education was cheaper at a better educated Workforce earned more money, and thus could spend more money keeping the economy of those days robust. Since then, the so-called job creators, and the politicians they own, in both parties, have sent most well paying American jobs overseas. So many familiar American company names like Black and Decker and Coleman and thousands of others are now just logos that are slapped on products made most often in China.
To make matters worse, the US dollar has slid to astounding Lows in absolute value since that trasition time in the 1970s when they proceeded to deregulate Banks deregulate media allowing it to be concentrated into the hands of a very few very conservative corporations, the major commercial Banks now create our money supply, by creating loans that at the top provide value to those at the top but by the time the money gets to you and I and the teacher and the worker it has lost its value and so we pay Evermore while having stagnant wages.
What few jobs are currently created within the United States generally no longer have benefits or reduced ones, often have no retirement funds available. And are themselves low-paying often service-sector jobs. If you are still reading I should love to suggest a few things to watch that go into this subject in Greater detail than I can hear.
if we really wanted to create more jobs, good enough to take care of a family, then we might look to Nations like Germany and Sweden and some of the others in the European Union that go to Great Lengths to make sure their Workforce is well-trained and they have Industries to take them.
the truest job creators, come from having a healthy and robust middle class.
the American oligarchs primarily just use their money to make that stack bigger to the detriment of all working people.
Still want to talk about taxes?
SW-User
@SatyrService You're correct about many super wealthy getting so by manipulating finances, but overall you're wrong about taxes. We have say... 100+ years of history showing that lower taxes generate more and better jobs. If you think otherwise, please re-read your history cause you got it all wrong.
I admire what Germany and Sweden have done, but those are very specific cultural and economic situations, not replicable here. What's more - Germany has stopped creating jobs and it was never a strength of Sweden, and neither of those countries have the robust innovation that the US benefits from. There's a reason why immigration between even successful European countries and the US always heads in the US' direction - and it has to do with freedom, opportunity, and innovation.
You really need a better grasp of the facts if you are going to wade into this debate.
I admire what Germany and Sweden have done, but those are very specific cultural and economic situations, not replicable here. What's more - Germany has stopped creating jobs and it was never a strength of Sweden, and neither of those countries have the robust innovation that the US benefits from. There's a reason why immigration between even successful European countries and the US always heads in the US' direction - and it has to do with freedom, opportunity, and innovation.
You really need a better grasp of the facts if you are going to wade into this debate.
SatyrService · M
@SW-User e].
First , I get my data from things like the IRS, congressional finance data, university of Chicago, not rush Limbaugh, or Alex Jones.one should remember, the corporate tax rate, only works for those who pay their taxes! For most of the last 50 years and especially of the last 20 , most of the American large corporations and you can go look at their tax returns, ended up with a negative tax rate GE 4 years ran at -45% or greater. In addition corporate welfare payments far dwarf those of all of the traditional welfare payments combined. So how much taxes are they paying? If you want to talk about the health of the nation and prosperity as regards tax rates I invite you to look at the data in the United States available from every government agency and many private colleges showing that the years between say 1950 and 1972 or so were the most profitable and prosperous years in our nation. This coincided with some of the highest tax rates for the upper bracket that we have ever had. In that same time University education was cheap or free, most American workers had jobs that could support a household on one person.
We had the best trained and most Innovative Workforce in history. Then,
Nixon, Reagan, Bush, Clinton Bush administration's removed the banking protections that cost caused our most recent collapse . they also removed restrictions on monopolization of media. They even got rid of the fairness Doctrine. Now the bulk of all media is controlled by about 12 companies and only two of those have any hope of being called liberal.
The oligarch class, rather than creating jobs in America, ship them overseas and moved a bunch of their finances offshore.
It is certainly true, that even in prosperous Europe, folks are still moving West after all we've only had a couple hundred years to fully exploit the advantages of this continent so it is still in comparison pretty open.
What Germany does and what we could do that is valuable is don't insist that every student in high school go on to some four year university let them study something else let them study mechanics, building trades, civil engineering etc.there are so many field we no longer have skilled workers for, let people in so much, that we have to import them from overseas.
When it comes to rereading history, I do so continually. And further I update my information with the new information as it comes forth.
I invite you to look up Smedley Butler,
Lifelong Marine, most decorated ever,who after he retired wrote about this habit we had we gained of Imperial activity on our neighbors. I invite you to read his pamphlet "War is a Racket"
The revisionist history that we have in our dumbed-down school curriculum, skips over some of the worst excesses in our history.
How about looking at the fact that both income inequality and low taxes for the super-rich are at almost identical places in 1928, and 2010.
Does your memory of History include the crash of 28 or the one that we suffered from 2007 through 2010. Graphs available on request.
Lastly,
let me say I was so pleased at the civil nature of you responce,
So rare here and in social media
Then suddenly
[quote]. You really need a better grasp of the facts if you are going to wade into this debat[/quote]
I shall assume low blood sugar, Ad Hominem attacks, are not an argument, ,only a sign of emotions, overcoming reason.
It amazes me that the once fiscally conservative and socially private Republican party is now dominated by people who want nothing more than to have emotional over reaction to anything that might threaten their carefully hoarded privilege.
I invite you to crack a book, and not get your information from pundits and
Provocateurs.
First , I get my data from things like the IRS, congressional finance data, university of Chicago, not rush Limbaugh, or Alex Jones.one should remember, the corporate tax rate, only works for those who pay their taxes! For most of the last 50 years and especially of the last 20 , most of the American large corporations and you can go look at their tax returns, ended up with a negative tax rate GE 4 years ran at -45% or greater. In addition corporate welfare payments far dwarf those of all of the traditional welfare payments combined. So how much taxes are they paying? If you want to talk about the health of the nation and prosperity as regards tax rates I invite you to look at the data in the United States available from every government agency and many private colleges showing that the years between say 1950 and 1972 or so were the most profitable and prosperous years in our nation. This coincided with some of the highest tax rates for the upper bracket that we have ever had. In that same time University education was cheap or free, most American workers had jobs that could support a household on one person.
We had the best trained and most Innovative Workforce in history. Then,
Nixon, Reagan, Bush, Clinton Bush administration's removed the banking protections that cost caused our most recent collapse . they also removed restrictions on monopolization of media. They even got rid of the fairness Doctrine. Now the bulk of all media is controlled by about 12 companies and only two of those have any hope of being called liberal.
The oligarch class, rather than creating jobs in America, ship them overseas and moved a bunch of their finances offshore.
It is certainly true, that even in prosperous Europe, folks are still moving West after all we've only had a couple hundred years to fully exploit the advantages of this continent so it is still in comparison pretty open.
What Germany does and what we could do that is valuable is don't insist that every student in high school go on to some four year university let them study something else let them study mechanics, building trades, civil engineering etc.there are so many field we no longer have skilled workers for, let people in so much, that we have to import them from overseas.
When it comes to rereading history, I do so continually. And further I update my information with the new information as it comes forth.
I invite you to look up Smedley Butler,
Lifelong Marine, most decorated ever,who after he retired wrote about this habit we had we gained of Imperial activity on our neighbors. I invite you to read his pamphlet "War is a Racket"
The revisionist history that we have in our dumbed-down school curriculum, skips over some of the worst excesses in our history.
How about looking at the fact that both income inequality and low taxes for the super-rich are at almost identical places in 1928, and 2010.
Does your memory of History include the crash of 28 or the one that we suffered from 2007 through 2010. Graphs available on request.
Lastly,
let me say I was so pleased at the civil nature of you responce,
So rare here and in social media
Then suddenly
[quote]. You really need a better grasp of the facts if you are going to wade into this debat[/quote]
I shall assume low blood sugar, Ad Hominem attacks, are not an argument, ,only a sign of emotions, overcoming reason.
It amazes me that the once fiscally conservative and socially private Republican party is now dominated by people who want nothing more than to have emotional over reaction to anything that might threaten their carefully hoarded privilege.
I invite you to crack a book, and not get your information from pundits and
Provocateurs.
Tiusflow · 61-69, M
Yes businesses create jobs and the rich pay most of the taxes and the poor don't pay hardly any taxes. My goal in life was always to make enough money to where I could legitimately complain about paying too much taxes. I have found that generally most people don't no shit about taxes.
SW-User
@Tiusflow how about the communist manifesto?
DrRock · 61-69, M
Government often makes claims of how it creates jobs, but the only jobs government creates is government jobs which tax payers pay for in higher taxes. In the private sector, businesses, large and small, create jobs. Government can help this by getting out of the way with fewer job killing regulations and lower job killing taxes.
BatRinseRepeat · 31-35, F
BatRinseRepeat · 31-35, F
Baloney.
I run a small business, with 4 full time employees and 3 part time. Proportionate to my income and profits, I pay twice as much in taxes as someone who makes 10 times more money.
And no one has ever offered me free food, free housing - Or free anything. There are millions of other little guys out there like me - Busting our butts to take care of ourselves, our customers, and the people who work for us.
That's the real economy. But the other reality is that we have more people today who are elderly, sick, disabled, or need support to retrain when technology makes their skills obsolete.
The problem isn't "takers". Its blamers, who never want to be part of a solution.
I run a small business, with 4 full time employees and 3 part time. Proportionate to my income and profits, I pay twice as much in taxes as someone who makes 10 times more money.
And no one has ever offered me free food, free housing - Or free anything. There are millions of other little guys out there like me - Busting our butts to take care of ourselves, our customers, and the people who work for us.
That's the real economy. But the other reality is that we have more people today who are elderly, sick, disabled, or need support to retrain when technology makes their skills obsolete.
The problem isn't "takers". Its blamers, who never want to be part of a solution.
AceWarbringer · 36-40, M
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BiasForAction · M
Small businesses create jobs in the private sector--overwhelming evidence as such. On taxes--the highest income earners pay the most although there are many anecdotes about how some of the wealthiest individuals avoid paying any income taxes. I presume you are referring to income taxes.
samueltyler2 · 80-89, M
@BiasForAction but, if you do want to look at the impact of taxes, people with lower incomes tend to pay, proportional to their available incomes, a greater proportion of their income in total taxes. You need to add income, property, sales, gasoline, and indirect taxation such as required co-insurance on home insurance in some states (Texas puts a mandatory deductible of 10% on damages which can be thousands of dollars if a hurricane, or as recently the icing damages, in NJ, my deductible is $500 and my premium 1/5 of what my SIL pays in Texas, even though her real estate tax is 2/3 of mine). Looking at taxation is VERY complex!
SatyrService · M
@DrRock and its the middle class, ever shrinking, that drive the economy
samueltyler2 · 80-89, M
SW-User
@samueltyler2 Maybe - but there is an objective answer to this - which is not based on simple opinion.
samueltyler2 · 80-89, M
@SW-User there really are no easy answers to her questions.
SW-User
@samueltyler2 Not accurate. There are very specific statistics that answer her question... even if one accepts only a given range, in order to allow the effect of influence (private or public sector) on the other's job creation, tax-paying status, etc.
laotzu92 · 70-79, M
The best answer comes from Adam Smith:
[i]Every individual necessarily labors to render the annual revenue of society as great as he can. He generally neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is, in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention.
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.[/i]
[i]Every individual necessarily labors to render the annual revenue of society as great as he can. He generally neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is, in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention.
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.[/i]
PoetryNEmotion · F
samueltyler2 · 80-89, M
@PoetryNEmotion and attitudes about human rights, particularly about health!
SatyrService · M
ahh JObs! the question is WHERE are such jobs created!
many of those called "job creators" do very little for domestic employment,, and a LOT of jobs exported, or "work" in finnance, itself a non productive activity
the small business persons can create work indeed, but has an uphill battle against the impact of very large corporations
we NEED a middle class, a big one and healthy
a TOP class and an enormous lower are deadly conditions to a healthy economy
the tax info is redily available,, and I will fetch it,, if you like
many of those called "job creators" do very little for domestic employment,, and a LOT of jobs exported, or "work" in finnance, itself a non productive activity
the small business persons can create work indeed, but has an uphill battle against the impact of very large corporations
we NEED a middle class, a big one and healthy
a TOP class and an enormous lower are deadly conditions to a healthy economy
the tax info is redily available,, and I will fetch it,, if you like
rfhh1959 · 61-69, M
At its base someone sets up a business for them-self. The business grows so in order to create more income they hire someone so they can take on additional clients or make more of whatever the product is and this repeats.
IN terms of taxes on personal income as your income increase the percent of that income that is taken by the government increase here is a link to the document from the IRS that shows teh brackets
https://www.irs.gov/pub/irs-pdf/p15.pdf
IN terms of taxes on personal income as your income increase the percent of that income that is taken by the government increase here is a link to the document from the IRS that shows teh brackets
https://www.irs.gov/pub/irs-pdf/p15.pdf
DownTheStreet · 51-55, M
Subsumedpat · 36-40, M
fetvoy12 · 51-55, M
As in the industrial age and the computer age, the most innovative and visionary companies created the jobs...Ford, Chevrolet....Apple, Intel...look for the up and coming technologies...wind, solar, battery, ... infrastructure will be an issue soon... roads, highways, power grid...and of course automation, though this will inevitably do away with other jobs...
Doomsdaysmores · 41-45, M
The majority of jobs in the private sector are created by small businesses. As for how taxes are paid, well corporations don't pay taxes. The majority of taxes are paid by the highest wage earners.
Also we don't live in a class system in the United States. Class systems are places like Russia, Venezuela, China, you get the idea.
Also we don't live in a class system in the United States. Class systems are places like Russia, Venezuela, China, you get the idea.
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SW-User
@ElabelaCozmo Hope there's a jail cell on your future
Squririelseekschipmunk · 70-79, F
ProfRS · 61-69, M
All of this is moot because, not all the 'taxes' fall in the same way. Also, income tax is just one of the many taxes. It is based on your 'income'...which as we all know is only a percentage (usually very small) of the 'wealth' of the super rich.
SaraBanana · 22-25, F
AceWarbringer · 36-40, M
Question, what's your answer to this question? Like what's the way you feel about it?
Like i believe in the service economic system. Everyone creates a demand and a service will be created to fill that demand. So it becomes a close to 100% kinda thing.
Like i believe in the service economic system. Everyone creates a demand and a service will be created to fill that demand. So it becomes a close to 100% kinda thing.
SW-User
Not to be wonky, but jobs are created when someone needs work to be done and is willing to pay for it. This is usually businesses. But also we need police, fire, highway crews and so forth which are paid for by everybody.
KingGeorge · M
MrBrownstone · 46-50, M
BiasForAction · M
In the USA, small business creates the most jobs (but there is a high failure rate too so small business also creates unemployment). The rich pay the vast majority of taxes.
SatyrService · M
@BiasForAction small businesses, are being exterminated, by corporate giants
AceWarbringer · 36-40, M
Still stand by my original response. Most people are generators of jobs. Whenever we want a service we create a demand. That demand is then filled by someone's work.
GJOFJ3 · 61-69, M
Great discussion. However I've noticed that no matter what the facts are or how many times they're repeated it never seems to change anyone's mind.
Itsmrsockmonkey · M
I personally know many millionaires that own companies, good people. As for the tax, I really couldn't answer that.
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