From: dagmargoodboat on 12 Aug 2010 00:37 On Aug 11, 10:51 pm, Bill Bowden <wrongaddr...(a)att.net> wrote: > On Aug 11, 4:54 pm, Richard the Dreaded Libertarian > > So, who pays the astronomical bill for this grand socialist scheme? "The > > Rich?" What happens when they're taxed into poverty? > > 20% of the population owns 80% of the wealth and pays 80% of the tax. > If they paid *100%* of the tax, they wouldn't be taxed into poverty > and would still be rich. I wouldn't mind paying $700,000 in tax if I > made a million. $300,000 is all I need. > > -Bill Nope, sorry Bill. (Has Doc been working his magic on you? :-) http://www.marketwatch.com/story/story/print?guid=2A71A5AD-AD21-4C10-859B-A7D581A19F8E The top bracket pays just $70 billion a year in federal tax. The top 2% (gross income >$200K, like a small business owner with a couple employees) pays $480 billion in tax (51% of the total). (2005 numbers, from the IRS.) We need $1,400 billion more a year just to break even, assuming interest rates stay super low. They won't. -- Cheers, James Arthur
From: Michael A. Terrell on 12 Aug 2010 03:12 Richard the Dreaded Libertarian wrote: > > Vote Libertarian! Which only proves your never ending ignorance.
From: Richard the Dreaded Libertarian on 12 Aug 2010 19:44 On Wed, 11 Aug 2010 20:06:01 -0500, krw(a)att.bizzzzzzzzzzzz wrote: > On Wed, 11 Aug 2010 16:58:36 -0700, Richard the Dreaded Libertarian >>Well, actually, insurance is kind of a stupid bet. The only way to win >>is to lose! > > That's one of the more ignorant statements you've made. You bet a > little to make sure you retain a lot. > >>And mandatory _anything_ is evil and anti-American! > > Dunno, want to drive? Perhaps you ought to have the means to pay for > your mistakes. Well, yes, of course, if I cause damage I should be held accountable. Or I could apply common sense and what I learned in Driver Training, and my couple years of experience, and simply not crash my car. But forcing me, essentially at gunpoint (which is what government power is, after all), to buy a product I neither want nor need is just plain wrong. Ever heard of "armed robbery?" Thanks, Rich
From: krw on 12 Aug 2010 20:40 On Wed, 11 Aug 2010 21:30:34 -0700, "Joel Koltner" <zapwireDASHgroups(a)yahoo.com> wrote: ><krw(a)att.bizzzzzzzzzzzz> wrote in message >news:mor66657rgfjbilcp4r1d1b6ptr84ndk5b(a)4ax.com... >> Zero. I moved my 401K into corporate bond funds ("stable value") at the end >> of '06 (contrary to some dingbats here, this recession wasn't surprising). >> I >> haven't made much since (4-5% per year) but lost nothing. I did take a >> pounding in '00, but gained all that back and a *lot* more between '00 and >> '06. > >Have you recovered enough that the interest on your 401k is roughly comparable >to your salary... or at least enough to support your desired standard of >living indefinitely? With other retirement and investments, enough. I don't plan on having a mortgage or any other large bills, so yes, enough. Unless, of course, Obama gets another two years unrestrained. I certainly have a lot more than the zero rich was saying preferable to saving. >Hey, someone forwarded us the announcement about your systems now supporting >multiple users talking simultaneously (after the "teaser" announcement back at >NAB) -- from that I'm going to assume your software guys managed to get it all >performing reasonably well. Congratulations! -- As far as I'm aware, that's a >pretty unique feature. It's not really "multiple users simultaneously". We already had that (five full-duplex mobiles per base). This optionally splits one, or more, of these channels into a "listen-mostly" channel, with a push-to-talk on the "split" channel(s). Customers seem to like it. ;-) We have another fairly major announcement coming shortly, I think.
From: Rich the Cynic on 12 Aug 2010 19:48
On Wed, 11 Aug 2010 20:51:47 -0700, Bill Bowden wrote: > On Aug 11, 4:54�pm, Richard the Dreaded Libertarian >> >> So, who pays the astronomical bill for this grand socialist scheme? "The >> Rich?" What happens when they're taxed into poverty? > > 20% of the population owns 80% of the wealth and pays 80% of the tax. And 97% of all stastics are made up of numbers plucked from thin air. ;-) Cheers! Rich |