Should there be a salary cap?

[Revoltingest]

What do you mean, who will replace the machinery? I meant to say that if low-wage workers are going to be replaced by machinery, that whole process would still take a decade if not even more. It's not like society isn't going direction anyways. We should be training people to do work, not trying to retain jobs that are not longer useful.
Well, we certainly shouldn't extrapolate or implement anything with close examination of all the faucets.

Faucets?

Those who lack success, but still covet the fruits of others' labor will always try to tax & take.
But those of us who have, will be reluctant to let them squander what we earn. They don't
know how much they need our greed, our desire to build & to succeed. Take too much,
& we stop. Imagine N Korea, the USSR or the old PRC. That is your future if we lose.

 

[dust1n]

Faucets?

Yes, all the intricate faucets. By the way, in the old post of yours I just responded to, you said "higher" instead of "hire."

Those who lack success, but still covet the fruits of others' labor will always try to tax & take.
But those of us who have, will be reluctant to let them squander what we earn. They don't
know how much they need our greed, our desire to build & to succeed. Take too much,
& we stop. Imagine N Korea, the USSR or the old PRC. That is your future if we lose.

No one is proposing in taking "too much." The CEO of Wal-Mart makes over 1000x that median Wal-Mart worker... not the lowest, the median. What's my future look like if 'we win'? S Korea, Russia now, or the new PRC?

 

[Revoltingest]

Yes, all the intricate faucets. By the way, in the old post of yours I just responded to, you said "higher" instead of "hire."

I plead extreme ignorance & inattention.

No one is proposing in taking "too much." The CEO of Wal-Mart makes over 1000x that median Wal-Mart worker... not the lowest, the median. What's my future look like if 'we win'? S Korea, Russia now, or the new PRC?

No one ever does propose taking "too much". That's the perspective of those who take & get.
Those from whom it's taken have another idea entirely. Russia & the new PRC tried socialism
but replaced it with rampant capitalism. It seems a bad idea to embrace what they rejected.

 

[dust1n]

I plead extreme ignorance & inattention.

I plead sloppiness and haphazardly stated opinions!

No one ever does propose taking "too much". That's the perspective of those who take & get.
Those from whom it's taken have another idea entirely. Russia & the new PRC tried socialism
but replaced it with rampant capitalism. It seems a bad idea to embrace what they rejected.

What, so we should never do anything socialistic lest we become a totalitarian regime? I think our Norwegian and Dutch and Swedish members would find offense.

 

[Revoltingest]

What, so we should never do anything socialistic lest we become a totalitarian regime? I think our Norwegian and Dutch and Swedish members would find offense.

Those contentious Scandinavians would take offense. But what works at the moment in their homogeneous
societies wouldn't fly in a country full of places like Detroit MI, N Orleans LA, Flint MI, etc.

 

[outis]

But what works at the moment in their homogeneous
societies wouldn't fly in a country full of places like Detroit MI, N Orleans LA, Flint MI, etc.

Does that mean what I think it means?
You people beggar belief.

 

[dust1n]

Those contentious Scandinavians would take offense. But what works at the moment in their homogeneous
societies wouldn't fly in a country full of places like Detroit MI, N Orleans LA, Flint MI, etc.

So if a culture has diversity, any application of 'socialism' leads to a totalitarian government?

Not saying that Detroit, Flint and NoLa aren't particularly difficult issues.


But, yeah, it doesn't appear to me that Russia and China are really any better off, at least for the majority of the populations there, under capitalism than communism. Maybe it's not a necessary correlation with economic systems.

 

[Alceste]

Faucets?

Those who lack success, but still covet the fruits of others' labor will always try to tax & take.
But those of us who have, will be reluctant to let them squander what we earn. They don't
know how much they need our greed, our desire to build & to succeed. Take too much,
& we stop. Imagine N Korea, the USSR or the old PRC. That is your future if we lose.

Slippery slope fallacy.

If my party (NDP) wins the next election, my country ends up looking a little more like Denmark, which has functioned perfectly well as a social democracy for decades without ever once becoming north Korea, even for a day.

Politics of Denmark - Wikipedia, the free encyclopedia

 

[Revoltingest]

Slippery slope fallacy.

Do you even know what that means?

 

[Falvlun]

Everyone wants to share the wealth, but what if the company loses money?

Then that means everyone, including the CEO and head honchos, will need to take a pay cut, rather than giving themselves bonuses during the bad years and laying people off.

 

[Alceste]

Do you even know what that means?

Yes, it means countering the point that taxes on the highest income bracket should be increased to balance the budget and reduce income disparity with the argument that this option will eventually turn the US into North Korea.

 

[Revoltingest]

Yes, it means countering the point that taxes on the highest income bracket should be increased to balance the budget and reduce income disparity with the argument that this option will eventually turn the US into North Korea.

That wasn't the point I made.

 

[Curious George]

Also you have to consider taxes and insurance which can take up as much as 75% of that 100K some places.

only if you are really bad at taxes or have made horrible insurance choices.

 

[Reverend Rick]

only if you are really bad at taxes or have made horrible insurance choices.

There are some places in our country that are almost impossible to get insurance. How do you get good at taxes when a state has a 10% sales tax or you pay alot of gasoline or utility taxes? Yes you can write some stuff off, but many taxes are fixed. I don't think you add them all up.

Federal, State, County, City, sales tax, gasoline tax, utility tax, cell phone tax, liquor tax, cigarette tax, tire tax, motel tax, property tax, license plate tax....... the list goes on and on.

If each little tax increases, one day a person could show they where taxes over 100% of their income. At the rate we are going, it could happen some day.