tag:blogger.com,1999:blog-6616959642391988608.post3421145547149920445..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Tax shares updateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger40125tag:blogger.com,1999:blog-6616959642391988608.post-14591720930447530402013-04-06T23:54:22.774-07:002013-04-06T23:54:22.774-07:00If ytradee buying a used car frowith the purpose ...If ytradee buying a used car frowith the purpose ofprivate iall the rageal,controlnisheda number ofn support ofearthply anin support ofavailable are evenin support ofresince ywith the purpose ofside. Mthese daysquisitions of used <br />Cars are sold every year. It's a buyer's market.<br /><br /><a href="http://youdealit.com/" rel="nofollow">cars online</a><br /><a href="http://Anonymoushttps://www.blogger.com/profile/09515802007441190101noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-9498652747686510402012-12-07T11:10:17.236-08:002012-12-07T11:10:17.236-08:00This is why I called you an idiot. Because you ma...This is why I called you an idiot. Because you make no sense. An idiot see the plainly obvious and calls it something else.<br /><br />The US military goes beyond every possible mean and expense to limit civilian casualties. You know that. Debate a ground war in a foreign land and I'd probably agree with you. But to say the US military kills innocent women and babies is simply moronic. Jeffhttps://www.blogger.com/profile/04068805988034886750noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-49175674182030299082012-12-07T08:03:37.610-08:002012-12-07T08:03:37.610-08:00Problem is, the military kills innocent husbands, ...Problem is, the military kills innocent husbands, wives, children, babies, and fetuses. Our hands are already tainted by it my friend. If you beleive in God, there is no way around your contribution to it. Creating abstractions will not save you. <br /><br />Back to economics. Based on the above thread, I believe you want higher taxes and more government spending. No way around that either. You Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-85667524345207188872012-12-06T20:47:49.008-08:002012-12-06T20:47:49.008-08:00Do you really see no difference between killing ba...Do you really see no difference between killing babies and terrorists? National defense IS one of the enumerated powers in the constitution. I want the biggest, baddest, most well equipped military money can buy. There are many people out there who want you and me dead because we don't believe in their god. Jeffhttps://www.blogger.com/profile/04068805988034886750noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-33129815905212400372012-12-06T16:44:36.608-08:002012-12-06T16:44:36.608-08:00How you can rationalize a colossal military comple...How you can rationalize a colossal military complex that takes countless lives (friend and foe) while espousing the sins of abortions is sad. Forget about the tax implications of these strategies. It simply smacks of hypocrisy and irony.<br /><br />BUt this is why Sean Hannity loves you.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-31387837733757928422012-12-06T15:03:17.292-08:002012-12-06T15:03:17.292-08:00BTW, on your list I agree with 1, 3 and 4.
And I ...BTW, on your list I agree with 1, 3 and 4.<br /><br />And I could care less what Branson has to say.Jeffhttps://www.blogger.com/profile/04068805988034886750noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-75147775336951409912012-12-06T15:00:24.591-08:002012-12-06T15:00:24.591-08:00Public,
Well, finally, we can agree capital flees...Public,<br /><br />Well, finally, we can agree capital flees high taxes. Your other points are obvious.<br /><br />Morality is already IN the picture. You can't have 2 wives, you can't steal from your neighbor, etc. so don't even go there. All law has a moral basis...it just depends on whose morals.<br /><br />As for "telling women how to manage their persons" you can Jeffhttps://www.blogger.com/profile/04068805988034886750noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82583571323544008882012-12-06T11:02:12.515-08:002012-12-06T11:02:12.515-08:00Jeff,
Timely post by Richard Branson regarding t...Jeff, <br /><br />Timely post by Richard Branson regarding the "War on Drugs".<br /><br />http://www.cnn.com/2012/12/06/opinion/branson-end-war-on-drugs/index.html?eref=mrss_igoogle_cnn<br /><br />Here is one place our hard earned tax dollars go to complete waste.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-44053393352512185362012-12-06T07:51:31.503-08:002012-12-06T07:51:31.503-08:00"The transformation of moral virtue into laws..."The transformation of moral virtue into laws of coerced obligation by American presidents is evident in their use of tax dollars..."Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84652925580247762252012-12-05T16:36:00.832-08:002012-12-05T16:36:00.832-08:00Jeff,
I agree capital flees high taxes. However, ...Jeff,<br /><br />I agree capital flees high taxes. However, other considerations factor into investment equations. Such as property rights, civil rights, access and proximity to capital and high skilled labor etc. There is a good article floating around about how GE left CA in the 50’s for Arizona to avoid taxes on their computer business. This basically put the nail in the coffin because the Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-26821437273424388382012-12-05T14:03:01.717-08:002012-12-05T14:03:01.717-08:00Public, moderate Republicans have done along with ...Public, moderate Republicans have done along with Democrats giving us high taxes and spending. That is obvious.<br /><br />But my argument (that you say is flawed) is the people flee from high taxes. You call my argument flawed and then ignore it.<br /><br />Libertarians are fine. Economically I agree with you and the good Dr. But I want a strong military. And drugs should not be legalized.Jeffhttps://www.blogger.com/profile/04068805988034886750noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-72389778039635466492012-12-05T13:18:44.740-08:002012-12-05T13:18:44.740-08:00Jeff,
The flaw in your argument is that neither D...Jeff,<br /><br />The flaw in your argument is that neither Democrats or Republicans are serious about cutting spending or leveling the asymmetric legal/tax structures. The same issue applies in China. Eventually the government subsidized debt financed industrial/export growth model will come crashing down because entrenched interest do not want to share their power + resources + government Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-12462173681521008602012-12-05T07:31:52.977-08:002012-12-05T07:31:52.977-08:00Scott, what happend to your post on currencies. I...Scott, what happend to your post on currencies. It was good. I just sold all my Aussie bonds a week or so ago.<br /><br />BTW, just sold all my GLD about 2 days before your post on gold a couple weeks ago.<br /><br />I would say great minds think alike, but I can't come close. I am just a padawan to you Master Obi Granobi.Jeffhttps://www.blogger.com/profile/04068805988034886750noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87045418965966213442012-12-05T07:26:04.531-08:002012-12-05T07:26:04.531-08:00To Public Library (and all):
Just had to post thi...To Public Library (and all):<br /><br />Just had to post this from the WSJ. Sounds like more than "3" to me...huh Public??<br /><br />A funny thing often happens on the way to soaking the rich: They don't stick around for the bath. Take Britain, where Her Majesty's Revenue and Customs service reports that the number of taxpayers declaring £1 million a year in income fell by Jeffhttps://www.blogger.com/profile/04068805988034886750noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-45938156708365944652012-12-05T04:35:54.407-08:002012-12-05T04:35:54.407-08:00The problem is simplified as follows: a) the big g...The problem is simplified as follows: a) the big government Democrats are guarding entitlement spending and seeking to transfer wealth to entitlement beneficiaries; and b) the military-industrial Republicans are guarding defense spending and seeking to transfer wealth into the military-industrial complex; and c) only Libertarians stand for across the board cuts in government spending, lower totalMcKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-78101416761599881372012-12-04T15:01:56.087-08:002012-12-04T15:01:56.087-08:00Yep, the shares of income taxes paid are wildly sk...Yep, the shares of income taxes paid are wildly skewed. In fact the only thing more outrageously skewed than shares of income taxes is ... wait for it ... shares of INCOME. <br /><br />And no this is not just a completely natural results of how hard various people work. A big part of it is rent extraction. There are a lot of privately-owned 'tapeworms' out there, not just the state.<Sethhttps://www.blogger.com/profile/16486234948199900568noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-73864736183148090902012-12-04T14:15:21.738-08:002012-12-04T14:15:21.738-08:00Wait.... you believe wealthy pay too much taxes, t...Wait.... you believe wealthy pay too much taxes, then you state this:<br /><br />"our steeply progressive tax code has created extremely high marginal tax rates for lower income earners. Many face marginal tax rates of more than 100%"<br /><br />and<br /><br />"That's why the best tax code would have flat rates and no deductions."<br /><br />So... what do you want? Rich Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-60924364814791650872012-12-04T13:51:51.198-08:002012-12-04T13:51:51.198-08:00Unbelievable comments!! Simply unbelievable.
A...Unbelievable comments!! Simply unbelievable. <br /><br />And who is it that is going to decide how we "improve the distribution" of the wealth in this country??????<br /><br />Public Library?<br /><br />marmico??<br /><br />Gloeschi???<br /><br />Obama???<br /><br />My goodness people, wake up. Marx said "from each according to his ability; to each according to his need". Jeffhttps://www.blogger.com/profile/04068805988034886750noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-3740826993627247402012-12-04T12:34:59.685-08:002012-12-04T12:34:59.685-08:00The US needs to cut spending, and the fiscal cliff...The US needs to cut spending, and the fiscal cliff cuts 10% of the lard out of defense spending immediately -- the fiscal cliff is good for America -- we need immediate cuts to all public spending programs -- I say go over the cliff, and begin negotiations afresh in 2013 regarding another phase another phase of government spending cuts -- the US needs to cut government spending by at least 40% McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-68600846825359556412012-12-04T12:26:06.300-08:002012-12-04T12:26:06.300-08:00Scott, I do not see how taxes used for excess defe...Scott, I do not see how taxes used for excess defense spending equates to a redistribution of wealth...McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-699105494020410972012-12-04T10:35:14.205-08:002012-12-04T10:35:14.205-08:00I would argue that most attempts to redistribute w...I would argue that most attempts to redistribute wealth end up being trumped by The Law of Unintended Consequences. The more government attempts to redistribute wealth, the more concentrated it will become. <br /><br />For example, our steeply progressive tax code has created extremely high marginal tax rates for lower income earners. Many face marginal tax rates of more than 100%, and that Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-88669291990258322382012-12-04T10:27:57.131-08:002012-12-04T10:27:57.131-08:00"Why does everyone assume that wealth concent..."Why does everyone assume that wealth concentration comes solely from tax rates? There are many factors that lead to the concentration of wealth and the transition in the U.S. to a service and information-based economy surely has played a large role."<br /><br />Because if you reallocate wealth from wealthy to those with less wealth (i.e. you tax wealthy) that by definition reduces Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91083471235690914142012-12-04T10:25:29.893-08:002012-12-04T10:25:29.893-08:00Why does everyone assume that wealth concentration...Why does everyone assume that wealth concentration comes solely from tax rates? There are many factors that lead to the concentration of wealth and the transition in the U.S. to a service and information-based economy surely has played a large role.Tomhttps://www.blogger.com/profile/11038684416599422217noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28907391041746879832012-12-04T09:54:53.407-08:002012-12-04T09:54:53.407-08:00However, if you compare the two charts, you see th...<i>However, if you compare the two charts, you see that the share of total taxes they pay is much larger than the share of income they earn.</i><br /><br />That's not particularly instructive. Chart the income share divided by the tax share or vice-versa. It becomes obvious that pre-tax progressivity has declined since 1980.marmicohttps://www.blogger.com/profile/08277071086056574486noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-21019951516698580782012-12-04T09:53:03.465-08:002012-12-04T09:53:03.465-08:00"What it shows is that while upper income ear..."What it shows is that while upper income earners earns a large percentage of total income, they pay an even larger percentage of total taxes"<br /><br />Unless you believe in regressive taxes (i.e. the more people make, the less they are taxed), then OF COURSE THEY WILL PAY MORE IN TAXES THAN THEY EARN AS A SHARE.Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.com