Out of the Blue

Hey! It's 06/05/04 today, at least in typical American notation... What say we all wait until exactly 3:21:00 and all simultaneously shout "blastoff!" Oh well, maybe not... especially since that would have been more appropriate at 3:21 a.m. Well, appropriate is probably the wrong word to use there either... Hmmm, nevermind.

Play Time: SpaceWander Roundtrip First Class. Thanks javagrrl9.
Links of the Day: ImplosionWorld.com Thanks Ant and memepool.com.
Camouflage Duct Tape ~ Camouflage Gaffers Tape.
Stories of the Day: Man Driving Armored Bulldozer Rampages Through Town. Thanks Kar.
Elderly woman awarded $1.2 million for ant attack at nursing home. Thanks Bronco (and not Ant?).
How it feels to get shot.
Science!: Cassini spacecraft closing in on Saturn.
Ocean explorer returns to Titanic.
Drowning in an Ocean of Plastic.
Media of the Day: Outlet Industries four-cross wheelchair. Thanks Jim Chaney.
Auctions of the Day: Baldur's Gate II Premium Golden Ale & Glass Tankard.
Star Wars Episode 3 - ILM - RARE - Crew Lint. Thanks Gordon.
Follow-up: Transit of Venus.
Thanks Mike Martinez
View : : :
39.
 
Re: Halsy
Jun 6, 2004, 12:14
39.
Re: Halsy Jun 6, 2004, 12:14
Jun 6, 2004, 12:14
 
Well, for starters, since when does basic math apply to the tax codes?

There is no such thing as a flat tax, so no, it's not even close to even taxation. Right now, people with salaries up to around $120k pay roughly 33% to taxes. The majority of people with income of $1+million pay on average 6% with all of Bush's tax cuts.

Let's take you example of minimumish wage $12kish a year. Not exactly a liveable wage, is it? Now take out $3500 for taxes. That's $8.5k net. Now we contrast that with say a $5million income. If that person were to recieve all the Bush cuts, they would owe only around $300k. Now take the costs of day-to-day living and think about $8k vs $4.7million. If the $5mil person had been taxed at an equal amount then the taxes they have to pay would be around $1.5million. That's a lot of cash to pay out, but it's exactly the same percentage as a minium wage earner who can't even survive the current cost of living index even if they pay no taxes at all. We're talking poverty level.

Without the lower wage earners the higher wage earners would not be able to earn what they do. It's the way things work. You think if the 90+ percent of under $120k earners stopped working all the high wage earners would continue to reap large salaries? Rich or poor, everyone uses the infrasturctes in the country, every needs health care, domestic and national security, etc.

I'd start whippin out the exact numbers from the IRS reports, but since this is still Saturday's messages, not going to bother because the new ones will be up soon.

I love that reasoning, though. Why should I go to college and earn more money if I have to pay more taxes? Hehe. Philosophy and critical thinking really needs to be taught in schools today.

Avatar 20108
Date
Subject
Author
1.
Jun 5, 2004Jun 5 2004
2.
Jun 5, 2004Jun 5 2004
3.
Jun 5, 2004Jun 5 2004
4.
Jun 5, 2004Jun 5 2004
24.
Jun 5, 2004Jun 5 2004
5.
Jun 5, 2004Jun 5 2004
6.
Jun 5, 2004Jun 5 2004
7.
Jun 5, 2004Jun 5 2004
11.
Jun 5, 2004Jun 5 2004
8.
Jun 5, 2004Jun 5 2004
9.
Jun 5, 2004Jun 5 2004
10.
Jun 5, 2004Jun 5 2004
12.
Jun 5, 2004Jun 5 2004
13.
Jun 5, 2004Jun 5 2004
14.
Jun 5, 2004Jun 5 2004
15.
Jun 5, 2004Jun 5 2004
22.
Jun 5, 2004Jun 5 2004
16.
Jun 5, 2004Jun 5 2004
18.
Jun 5, 2004Jun 5 2004
17.
Jun 5, 2004Jun 5 2004
20.
Jun 5, 2004Jun 5 2004
25.
Jun 5, 2004Jun 5 2004
28.
Jun 5, 2004Jun 5 2004
19.
Jun 5, 2004Jun 5 2004
21.
Jun 5, 2004Jun 5 2004
23.
Jun 5, 2004Jun 5 2004
26.
Jun 5, 2004Jun 5 2004
27.
Jun 5, 2004Jun 5 2004
29.
Jun 6, 2004Jun 6 2004
30.
Jun 6, 2004Jun 6 2004
31.
Jun 6, 2004Jun 6 2004
33.
Jun 6, 2004Jun 6 2004
   Re: Halsy
34.
Jun 6, 2004Jun 6 2004
    Re: Halsy
36.
Jun 6, 2004Jun 6 2004
     Re: Halsy
38.
Jun 6, 2004Jun 6 2004
      Re: Halsy
 39.
Jun 6, 2004Jun 6 2004
      Re: Halsy
44.
Jun 6, 2004Jun 6 2004
       Re: Halsy
35.
Jun 6, 2004Jun 6 2004
   Re: Halsy
37.
Jun 6, 2004Jun 6 2004
    Re: Halsy
42.
Jun 6, 2004Jun 6 2004
     Re: Halsy
46.
Jun 6, 2004Jun 6 2004
      Re: Halsy
40.
Jun 6, 2004Jun 6 2004
    Re: Halsy
41.
Jun 6, 2004Jun 6 2004
     Re: Halsy
43.
Jun 6, 2004Jun 6 2004
      Re: Halsy
45.
Jun 6, 2004Jun 6 2004
       Re: Halsy
48.
Jun 6, 2004Jun 6 2004
        Re: Halsy
51.
Jun 6, 2004Jun 6 2004
         Re: Halsy
53.
Jun 6, 2004Jun 6 2004
          Re: Halsy
54.
Jun 6, 2004Jun 6 2004
           Re: Halsy
55.
Jun 7, 2004Jun 7 2004
            Re: Halsy
47.
Jun 6, 2004Jun 6 2004
     Re: Halsy
49.
Jun 6, 2004Jun 6 2004
      Re: Halsy
50.
Jun 6, 2004Jun 6 2004
       Re: Halsy
52.
Jun 6, 2004Jun 6 2004
32.
Jun 6, 2004Jun 6 2004