Should there be a cap on attainable wealth?

Should there be a cap on attainable wealth?


  • Total voters
    58

NLXSK1

Well-Known Member
You conveniently skipped the entire rest of the post.. manipulate elections and policy, anything to say about that?
Absolutely!!! Public and private unions contribute far more to elections and manipulation of policy than billionaires do...
 

NLXSK1

Well-Known Member
And the word "simple" tells us all we need to know about common sense. So far as my spelling is concerned, if you would rather discuss spelling than logic, be my guest.
You have no logic so spelling is all there is left...
 

NLXSK1

Well-Known Member
Once a year? I send four. Does that make me 4 times more able to judge him?
Yeah, well this is the first year I am making a profit. Unfortunately I will get to pay in 4 or 12 times next year... The government always wants it's cut up front...
 

Padawanbater2

Well-Known Member
Absolutely!!! Public and private unions contribute far more to elections and manipulation of policy than billionaires do...
Be specific and tell me how. Which unions? How do they manipulate policy more than super rich people with agendas to fill?
 

beenthere

New Member
Yeah, well this is the first year I am making a profit. Unfortunately I will get to pay in 4 or 12 times next year... The government always wants it's cut up front...
You keep paying your taxes in full and on time and you won't have to pay quarterlies!
We have a separate tax account for that reason.
 

NLXSK1

Well-Known Member
You keep paying your taxes in full and on time and you won't have to pay quarterlies!
We have a separate tax account for that reason.
Which taxes? There are sales taxes, income taxes, registration fees, property taxes, etc...
 

beenthere

New Member
What's this about not having to pay quarterlies?
I was replying to NLXSK1 saying he has to write a big check out each year for his taxes, canndo said he pays quarterly. so I told NLXSK1 that if he keeps paying in full and on time he could continue paying once a year.
 

NLXSK1

Well-Known Member
I was replying to NLXSK1 saying he has to write a big check out each year for his taxes, canndo said he pays quarterly. so I told NLXSK1 that if he keeps paying in full and on time he could continue paying once a year.
That would probably just piss me off more...

I will see what my bookkeeper thinks about it. Wont matter till next year anyway.
 

beenthere

New Member
That would probably just piss me off more...

I will see what my bookkeeper thinks about it. Wont matter till next year anyway.
For us it used be worth it to put our money in a separate tax account and collect the interest, now that the rates are so damn low, it's almost useless but at least the gubment isn't making anything on it.

Bro, I have to make two checks out that could easily pay for a brand new Harley!
 

Mr Neutron

Well-Known Member
I was replying to NLXSK1 saying he has to write a big check out each year for his taxes, canndo said he pays quarterly. so I told NLXSK1 that if he keeps paying in full and on time he could continue paying once a year.
Yeah, I understand that... I was interested because I used to pay quarterlies, too... I did not know about "tax accounts". How does that work?
 

NLXSK1

Well-Known Member
Yeah, I understand that... I was interested because I used to pay quarterlies, too... I did not know about "tax accounts". How does that work?
All he means is that they throw the amount they owe into a separate *account* either a real bank account or just an entry in their main account.

Then they get interest on the taxes the whole year rather than send it to the Govt early...
 

Mr Neutron

Well-Known Member
All he means is that they throw the amount they owe into a separate *account* either a real bank account or just an entry in their main account.

Then they get interest on the taxes the whole year rather than send it to the Govt early...
Huh! And the IRS is Ok with that? I'm surprised to hear this. My first three years of self employment, I hired an accountant to help me with my taxes and he never mentioned anything about it.
 

NLXSK1

Well-Known Member
Padwan...

Are you asking me to give you a list of all the public and private unions in America and what they donated?? Seriously?

Start with the AFL-CIO...

Then look at the union that now owns GM motors, you know, the company that Obama illegally gave to them in a manufactured bankruptcy...
 

cannabineer

Ursus marijanus
Ah but there's the rub. Once you make it federal/nationwide, the hands-on control is lost and you're right back to what we have.
Why does it have to be "all or none"?
It's a dilemma. If you do not make it nationwide, who guarantees consistency? I view consistency of the program, with a deep-pockets guarantor, to be essential in administering a useful aid program.
I see the attractiveness in keeping it local, since local administrators would know where the need is. But then there is also the real problem of equitable distribution. A community like Laguna Beach has great fundraising power and little civic need. In a place like East Oakland, that situation is reversed.

I am not proposing an answer since I do not have one. But imo there is a serious issue here of evenly distributing the resource, whose terrain of origin is uneven, with the civic need, whose terrain is also uneven, but differently. I don't see a quiltwork of uncoordinated local agencies andor charities as equipped to meet the requirement (as I see it) of sending the next grant of funds to the area of need measured/adjudicated as the most severe. It requires an oversight organization of some sort, which will be government or tightly associated with government, which already maintains a small army of civic/social data gatherers.

Other industries maintain such specialists as well, notably marketers and insurers. But the data they gather are held as corporate secrets, intellectual property. So asking business to take over that function does not serve the interests of either business or the community of those eligible for the aid. Would you want to have charity and relief programs administered by someone who has an interest in hanging onto the funds? I do not believe that this is the sort of thing that can be satisfied by making a contract, since I don't trust those with the power ... the business donors/administrators ... to place the client's interest reliably first, and agree to a contract that binds the administrators. cn
 
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