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Date: 05/18/12 06:49 AM

85 Responses to Banned TED Talk: Rich People Don`t Create Jobs

  1. Profile photo of fancylad
    fancylad Male 30-39
    18829 posts
    May 18, 2012 at 6:55 am
    Link: Banned TED Talk: Rich People Don`t Create Jobs - You read about why the TED people didn`t want to release Nick Hanauer`s controversial presentation yesterday. Here it is
  2. Profile photo of Draculya
    Draculya Male 40-49
    14620 posts
    May 18, 2012 at 7:09 am
    He has a point, but if America raised its taxes, many of the rich would change nation.
  3. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36643 posts
    May 18, 2012 at 7:15 am

    Draculya - the rich changing nations is the most signicant story that is not in the news. The rats are leaving the sinking ship behind.
  4. Profile photo of Kain1
    Kain1 Male 18-29
    1473 posts
    May 18, 2012 at 7:24 am
    Can`t wait to see you conservatives wiggle your way around this one :)..
  5. Profile photo of Tiredofnicks
    Tiredofnicks Male 30-39
    5097 posts
    May 18, 2012 at 7:32 am
    Kain1: He`s WRONG and STUPID and SMELLS BAD. So there.
  6. Profile photo of unmercyfuldu
    unmercyfuldu Male 18-29
    762 posts
    May 18, 2012 at 7:35 am
    All he is saying is what we hear each time the stock market takes a dive; that the market suffers because people are too afraid to go out and purchase stuff, those middle class consumers. All he is doing is seeing those truths to their logical conclusion. He states that economic capitalist growth requires people to be in a good enough financial position to purchase stuff, and that taxes are the things to benefit people into those financial position. The fact that this is radical shows how badly most Americans aren`t aware of their own rightful self interest.
  7. Profile photo of GlockPants
    GlockPants Male 18-29
    163 posts
    May 18, 2012 at 7:36 am
    Interesting points there, and they seem logical. I`m glad TED released the video.
  8. Profile photo of gladhatter
    gladhatter Male 50-59
    219 posts
    May 18, 2012 at 7:43 am
    Just another Marxist jackass. No one says don`t tax the rich. The proper thing is to tax all equally....at least fairly.
  9. Profile photo of madest
    madest Male 40-49
    7378 posts
    May 18, 2012 at 7:44 am
    He has a point, but if America raised its taxes, many of the rich would change nation. ----------
    Let them leave. Revoke their ability to return. Screw `em. If their so damn greedy that a small increase in tax rates will lead them to flee then their not worthy of being American.
  10. Profile photo of Psimon
    Psimon Male 40-49
    69 posts
    May 18, 2012 at 7:47 am
    TED responds: http://tedchris.posterous.com/131417405
  11. Profile photo of OldOllie
    OldOllie Male 60-69
    15841 posts
    May 18, 2012 at 8:00 am
    It`s all fine and good till Atlas shrugs.
  12. Profile photo of Baelzar
    Baelzar Male 40-49
    1399 posts
    May 18, 2012 at 8:09 am
    So the way to make the middle class wealthier is through government.

    People take this thesis seriously?
  13. Profile photo of sosueme1966
    sosueme1966 Male 40-49
    439 posts
    May 18, 2012 at 8:16 am
    If you took every single penny from every single billionaire in the US, it wouldn`t solve our debt problem for one year. It doesn`t even matter if the rich should or shouldn`t be paying more, the simple fact is that it would solve nothing to tax them more.

    Obama knows this and doesn`t care. He knows that igniting class warfare helps his base, and getting reelected is his only concern.
  14. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36643 posts
    May 18, 2012 at 8:26 am

    Why should they tax the rich?
    Because the simple fact is the poor have nothing left to tax. That carcass has been picked clean. When you`ve run out of other options, you have to go with what`s left.
  15. Profile photo of unmercyfuldu
    unmercyfuldu Male 18-29
    762 posts
    May 18, 2012 at 8:28 am
    @sosueme1966

    And no one is asking that only the rich pay taxes. A fair tax on their part COUPLED with the majority of the tax revenue currently provided by everyone else would reduce our nation`s debt. You certainly aren`t a billionaire, why do you insist that the desire that those who benefit most from tax money pay their fair share is class warfare.
  16. Profile photo of sosueme1966
    sosueme1966 Male 40-49
    439 posts
    May 18, 2012 at 8:29 am
    As most who agree with him fail to do, he does not list one concrete idea as to how to use the extra tax money taken from the rich to aid the middle class. He vaguely references some sort of "programs" that would enrich the middle class without one iota of a specific idea.

    The fact is that the crushing debt facing this country ensures that any extra taxes collected from anyone simply cannot be used for any "program" that would create growth but would simply be used to pay down debt.

    Thrown down a black hole, in other words.
  17. Profile photo of sosueme1966
    sosueme1966 Male 40-49
    439 posts
    May 18, 2012 at 8:33 am
    Unmercyfuldu: raising taxes on the rich would do so little to pay down debt that it would have zero impact on the health of the economy without significant spending cuts that both parties refuse to make.

    Spending is the problem, and every politician in America knows but will never say it because they know that they can`t get elected if they do.
  18. Profile photo of imnakdjumpme
    imnakdjumpme Male 18-29
    598 posts
    May 18, 2012 at 8:40 am
    SoSueMe, its too bad that you would rather take away the poor people`s safety net, then tax the richest more fairly. Do you think we only need taxes to pay off foreign debts?
    And "the rich will run to other countries" is a bad arguement considering all the other countries are doing the same thing and tightening their banking practices and their rich people are making the same threat that they will go to America or other places.
    Stop letting the rich control your money, (easier said than done) and your mind
  19. Profile photo of CrakrJak
    CrakrJak Male 40-49
    17514 posts
    May 18, 2012 at 8:41 am
    madest: You have absolutely no concept of Macro Economics do you? Only dipsh|t marxists say things like "Let them leave. Revoke their ability to return. Screw `em." to the wealthy.

    You`ve said a lot of absolutely fatuous statements before, but this last one takes the cake.
  20. Profile photo of EgalM
    EgalM Male 30-39
    1707 posts
    May 18, 2012 at 8:46 am
    Unless the rich folks want to do the grunt work, they need workers, it`s a simple fact. They like to act like they are so important, when the lowest of worker is just as important. Without them nothing would get done, we need dish washers, janitors, cooks, etc. to treat them like they don`t matter is ridiculous, the shame is, we used to be able to live off those salaries.

    If these so called job creators left, someone else would fill the gap right away, since there wouldn`t be a big bastard to compete against. Small business would make a big come back, and than there would be jobs again.

    It really wasn`t that long ago that a person could work a low level job, and own a car, house and have a family, where the wife stays home. You can`t do that now with two parents working low level jobs, most can barely afford an apartment.
  21. Profile photo of unmercyfuldu
    unmercyfuldu Male 18-29
    762 posts
    May 18, 2012 at 8:48 am
    @sosueme1966

    "If corporations and households taking in $1 million or more in income each year were now paying taxes at the same annual rates as they did back in 1961, the IPS researchers found, the federal treasury would be collecting an additional $716 billion a year. In other words, if the federal government started taxing the wealthy and their corporations at the same rates in effect a half-century ago, the federal debt to investors would almost totally vanish over the next decade."

  22. Profile photo of patchgrabber
    patchgrabber Male 30-39
    5812 posts
    May 18, 2012 at 8:50 am
    @EgalM: It`s true, wages have definitely NOT remained consistent with inflation.
  23. Profile photo of RytWing
    RytWing Male 30-39
    316 posts
    May 18, 2012 at 8:50 am
    I hasn`t anyone found a billionaire that doesn`t employ anyone? We should really put a face or two on this claim that they don`t employ anyone. Maybe those evil Wals. No. Wait. Hundreds of stores. Hundreds of employees per store. Gates? No. Forbes? No. Maybe Buffett. No. He at least has a secretary so she`s employed.
  24. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36643 posts
    May 18, 2012 at 8:52 am
  25. Profile photo of Tacos4Brkfst
    Tacos4Brkfst Male 18-29
    620 posts
    May 18, 2012 at 9:06 am
    I live in a welfare county, in a welfare state.

    Housing prices around here are low. Incredibly low. lower than most areas.

    But, the prices remain artificially inflated due to massive amounts of subsidized housing. Rentals are incredibly inflated, every owner charges at minimum, the maximum HUD `fair housing rate`. (Prices dictated by Bureaucrat`s that feel their algorithm can decide fair market value better than the market can)

    If that subsidy did not exist, prices would be much lower. Lower to the point where a single mom on minimum wage, with good credit, could easily afford and maintain payments on a reasonable mortgage. Instead, she`s filling out forms at the HUD office, praying she`ll be next on the waiting list as she lives out of a travel trailer. And when it finally happens, she`ll be so happy about the home she started renting. Blissfully unaware of how the program that she cherishes so much, caused the problem in the first place.

    Anywa
  26. Profile photo of FoolsPrussia
    FoolsPrussia Male 30-39
    3446 posts
    May 18, 2012 at 9:07 am
    I read TED`s response before I watched the video, and I was concerned because they mentioned how he got MoveOn involved. I can`t stand MoveOn, and I`m a progressive-minded voter.

    But his basic point is one that I`ve thought about many times. Everyone of us relies on the rest of the economy to make our money. You could move to the sticks and pan for gold, but you won`t make any money unless the market sets the value for gold. So the idea of a self-made millionaire isn`t exactly right.

    All I want to see is a fairer system. There`s nothing wrong with some people getting rich, but if the rich get richer while the poor and the middle class don`t do better, then you have a problem.
  27. Profile photo of Tacos4Brkfst
    Tacos4Brkfst Male 18-29
    620 posts
    May 18, 2012 at 9:10 am
    (cont)
    Anyways, some food for thought.

    Often those programs that are meant to `help` the middle/lower classes, don`t.

    Its true tho, consumers create the demand for jobs. And just like he said, when the capitalist needs to hire more people, he will. Its kind of too bad the rest of it was so wrong he had to show a bunch of completely unrelated slides and talk about how dumb you must be if you think the world is flat.
  28. Profile photo of Arcval
    Arcval Male 18-29
    304 posts
    May 18, 2012 at 9:17 am
    @Rytwing:

    As your chosen name would suggest you misunderstand his point. He is not saying the richest don`t employ people, he is saying they do not create jobs . Yes there is a difference. Go look it up if it is not immediately obvious to you, i`m not your teacher.
  29. Profile photo of OldOllie
    OldOllie Male 60-69
    15841 posts
    May 18, 2012 at 9:17 am
    That carcass has been picked clean. When you`ve run out of other options, you have to go with what`s left.
    Gerry, instead of letting them feed on the carcasses of the work horses, maybe we just ought to shoot the damned vultures.
  30. Profile photo of leesah
    leesah Female 18-29
    1566 posts
    May 18, 2012 at 9:25 am
    "Let them leave. Revoke their ability to return. Screw `em."

    A true Democrat! Standing by his party no matter how asinine the views turn out to be! http://tinyurl.com/7xfefcn A 30% tax on any money you`ve made in the USA if you renounce your citizenship. Great, right, what a way to stop those big company tax dodgers! Unfortunately only one corporate business owner renounced his citizenship last year, but I bet the 1,699 regular citizens who also renounced their citizenship will be thanking their lucky stars they got out of the country before the socialists moved in to stop anyone from leaving.
  31. Profile photo of madest
    madest Male 40-49
    7378 posts
    May 18, 2012 at 9:26 am
    Yeah I`m going to listen to someone on the government dole lecture me about economics. Nice try CJ. Whens that next disability check coming in? You`re welcome by the way.
  32. Profile photo of FoolsPrussia
    FoolsPrussia Male 30-39
    3446 posts
    May 18, 2012 at 9:46 am
    Actually, one of Facebook`s co-founders has been in the news lately for leaving the U.S. to avoid paying taxes. He might not be allowed back into the the country.
  33. Profile photo of patchgrabber
    patchgrabber Male 30-39
    5812 posts
    May 18, 2012 at 9:47 am
    ...before the socialists moved in to stop anyone from leaving.
    It took longer than I thought before a conservative brought up their fictional "socialist boogeyman." Classic mind projection fallacy. We have much more socialism than you and Canada`s doing just fine, I can leave whenever I want to, but I`m quite happy where I am.
  34. Profile photo of auburnjunky
    auburnjunky Male 30-39
    10339 posts
    May 18, 2012 at 9:49 am
    Madest: Crakr being disabled has no bearing on how well he may, or may not know economics. Stop being a mean person.

    Anyway, we need to tax everyone at a simple, flat rate. Kill most deductions, slash spending, and promote job growth.
  35. Profile photo of Demynted
    Demynted Male 30-39
    78 posts
    May 18, 2012 at 10:33 am
    Finally, somebody gets it.
  36. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36643 posts
    May 18, 2012 at 10:35 am

    OldOllie, "Gerry, instead of letting them feed on the carcasses of the work horses, maybe we just ought to shoot the damned vultures"
    Excuse me? You consider Paris Hilton or Kim Kardashian to be "work horses" ? Giving Paris a bigger tax break and she`d do what? But more shoes that Indonesian children made?

    And those "vultures" are the working class. You can only starve them out so much. As it is, they can`t afford to buy anything because wages have not kept up with inflation for 30 years. THAT is what has killed the economy. Companies saving a dime on payroll choked their own markets to death.
  37. Profile photo of madest
    madest Male 40-49
    7378 posts
    May 18, 2012 at 10:37 am
    AJ, Economists can work from home.
  38. Profile photo of auburnjunky
    auburnjunky Male 30-39
    10339 posts
    May 18, 2012 at 11:00 am
    "AJ, Economists can work from home."

    Was he an economist before?
  39. Profile photo of auburnjunky
    auburnjunky Male 30-39
    10339 posts
    May 18, 2012 at 11:01 am
    You know what? Screw it.

    If you got terribly injured at work, you`d be on Disability/foodstamps faster than any of us. Quit yer bitchin`, and tuck your shirt in.
  40. Profile photo of leesah
    leesah Female 18-29
    1566 posts
    May 18, 2012 at 11:07 am
    "I can leave whenever I want to, but I`m quite happy where I am."

    Have you ever heard the phrase "apples to oranges"? Your government isn`t trying to tax you 30% of your monetary value if you leave the country. That`s forcing people to choose between leaving the country legally while handing over a large chunk of your money or fleeing the country illegally. You can`t compare that to your little pseudo-socialist country.
  41. Profile photo of auburnjunky
    auburnjunky Male 30-39
    10339 posts
    May 18, 2012 at 11:12 am
    "drat this! I don`t wanna pay these taxes!" <---should be illegal, and is.

    "I want to move because I don`t agree with the tax policy." <---- Not Illegal.

    Yes it`s a fine line, but a line nonetheless.
  42. Profile photo of Ilikelogic
    Ilikelogic Male 40-49
    550 posts
    May 18, 2012 at 11:16 am
    So TED has two articles about self-censorship and i have to watch Nick Hanauer on IAB/Youtube??????????
  43. Profile photo of chalket
    chalket Male 50-59
    2712 posts
    May 18, 2012 at 11:51 am
    @leesah
    The proposed 30% tax is on Capital Gains only. There aren`t many reasons to renounce U.S. citizenship, and if you`re doing it just to avoid taxes on an impending windfall then this law is a good thing, is it not? If that is not your motivation, there is very little chance that the law would apply to you at all.
  44. Profile photo of chalket
    chalket Male 50-59
    2712 posts
    May 18, 2012 at 11:54 am
    btw: EXCELLENT post, fancy! Thanks.
  45. Profile photo of patchgrabber
    patchgrabber Male 30-39
    5812 posts
    May 18, 2012 at 12:19 pm
    Your government isn`t trying to tax you 30% of your monetary value if you leave the country.
    Neither is yours. Like chalket said, it`s on capital gains, and it`s only aimed at those trying to skip out on taxes, not everyone who just wants to relocate and live in a different country. Misleading vividness, which is a hasty generalization. That`s logical fallacy number two.
  46. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36643 posts
    May 18, 2012 at 12:34 pm

    patchgrabber - the government does have a 1 time Exit Tax if you give up your citizenship. The senate wants to continue taxing you up to 30 years after you leave to stop the rich people from leaving {with their money}

    Google it, you`ll find a few stories on it, though not as many as their should be.
  47. Profile photo of auburnjunky
    auburnjunky Male 30-39
    10339 posts
    May 18, 2012 at 12:43 pm
    "The Democrat controlled senate wants to continue taxing you up to 30 years after you leave"

    Sorry. Had to fix it to specify.

    This is wrong. A one time exit fee is sufficient.
  48. Profile photo of LazyMe484
    LazyMe484 Male 18-29
    10441 posts
    May 18, 2012 at 12:52 pm
    Housing prices around here are low. Incredibly low. lower than most areas.
    I wish I could buy one of them and just tow it up here. Housing prices around here are sky high. $600k average for solidly middle-class, miles from downtown, 1800 square feet, nothing special, 2 floors.
  49. Profile photo of auburnjunky
    auburnjunky Male 30-39
    10339 posts
    May 18, 2012 at 12:56 pm
    That`s weird too Lazy, because you can travel 50 miles in any direction up there, and almost squat and live off the land.

    I wonder why the COL is so high in Canada, where there is so fraking much undeveloped land?
  50. Profile photo of patchgrabber
    patchgrabber Male 30-39
    5812 posts
    May 18, 2012 at 1:01 pm
    @Gerry: You must not be reading it correctly. The Statute of limitations refers to how long the IRS has to inquire about your tax return, audit you, charge taxes, penalties and interest, etc. This does not apply if you file a fraudulent return with the intention to evade taxes (i.e. They can come after you 30 years after you filed said return). Again, a hasty generalization on your part this time.
  51. Profile photo of Fancysucksss
    Fancysucksss Male 18-29
    1048 posts
    May 18, 2012 at 1:21 pm
    top notch. I`ll have to do a bit more research now. I`ve been saying the same thing to people who use the arguement, the rich create jobs. Then where are they all. It`s funny how these days the american dream is being blessed to have a job, and no longer the place where you can make dreams come true. That shouldn`t be so. You shouldn`t feel like you were granted, passed or lucky. That is complete Bull.
  52. Profile photo of Fancysucksss
    Fancysucksss Male 18-29
    1048 posts
    May 18, 2012 at 1:26 pm
    @auburnjunky:
    I`m no expert. But isn`t there a lot of undeveloped land in canada because, for the most part, it`s freezing tits in most of the land is freezing?
  53. Profile photo of markust123
    markust123 Male 40-49
    3889 posts
    May 18, 2012 at 1:33 pm
    The only way to make things fair and bring the US back to being a super power with zero debt is to tax the super rich at 50%. People that get it understand that.
  54. Profile photo of patchgrabber
    patchgrabber Male 30-39
    5812 posts
    May 18, 2012 at 1:34 pm
    @AJ and Fancysucksss: Mostly it`s because:

    a) Temperature doesn`t permit
    b) Land isn`t useable i.e. lakes, rivers, mountains, rocks, forests, different soils
    c) Immigration patterns and community development
  55. Profile photo of Cajun247
    Cajun247 Male 18-29
    10731 posts
    May 18, 2012 at 2:15 pm
    Misleading figures at @2:18
    @2:40-No we`d be drowning in jobs if it weren`t for the monumental barriers to entry into the marketplace.
    @3:07-You own 1000x more assets in terms of value, not tangible objects.
    @4:04-Priviliges also exist by law, which should be repealed. Start with the regulations.
    @4:52-Fed Govt makes everyone pay 15% of their income.
  56. Profile photo of auburnjunky
    auburnjunky Male 30-39
    10339 posts
    May 18, 2012 at 2:49 pm
    "The only way to make things fair and bring the US back to being a super power with zero debt is to tax the super rich at 50%. People that get it understand that."

    That`s a 15% increase, which is less than a few billion a year.

    We are 16 trillion in debt. Taxes don`t work unless you spend less than you take in.

    Cut spending FIRST!
  57. Profile photo of nubblins
    nubblins Female 18-29
    1743 posts
    May 18, 2012 at 2:53 pm
    Yes, Auburn.
    I say we start by cutting funding to the military.


    Hold your applause. ;)
  58. Profile photo of uatme
    uatme Male 18-29
    1074 posts
    May 18, 2012 at 3:11 pm
    @Cajun247
    2:18 not misleading. its just graph. correlation does not mean causation but you should know that if you know what a graph is.
    2:40 you completely misunderstood what he said or your point is only related to what he said because it involves jobs.
    3:07 he has 1000 times more income but doesnt spend a 1000 times more on products that boost the economy
    4:04 so you agree with him ok.
    4:52 33% on taxable income over $178,650 to $388,350, plus
    And when you put the time of the video you want to discuss you should put the time of when he starts saying it, not a few moments after when your thought process finally finishes.
  59. Profile photo of SmagBoy1
    SmagBoy1 Male 40-49
    4432 posts
    May 18, 2012 at 3:21 pm
    If anyone here actually believes that the rich pay at the tax rate they`re supposed to, like at 35%, etc., I`ve got a bridge to sell you in NYC. Sure, they`re tax rate is currently 35%, 40%, etc., but, they pay almost nothing. They squirrel away their income in tax shelters and tax havens and off short accounts and end up paying LESS than the middle class. Same with corporations. I refuse to even discuss this with anyone because it`s demonstrated so thoroughly that to argue with it is asinine. I`m not drawing any conclusions by saying this, only pointing out that fair is supposed to be fair. But, apparently it`s more fair for some.
  60. Profile photo of SmagBoy1
    SmagBoy1 Male 40-49
    4432 posts
    May 18, 2012 at 3:29 pm
    Interesting to me that we (the US) are the only culture in the world that doesn`t have mythology about a wise or honorable poor person. The only way in our culture to get ahead, it seems, is to be rich. Note our deification of athletes, actors, millionaires, etc. Consider as a comparison the mythology, the cultural admiration of wisdom or musical or artistic talent, for example, in other cultures. Again, not making any judgments, just pointing out that it`s no wonder that the poor hate each other and are at each others` throats here. And by "poor", I mean all of us save for the "job creaters". Those of us so filthy rich that $1M is like pocket change. Like one of our presidential candidates currently (and like the other one will be soon enough, I`d imagine).
  61. Profile photo of Cajun247
    Cajun247 Male 18-29
    10731 posts
    May 18, 2012 at 5:28 pm
    correlation does not mean causation but you should know that if you know what a graph is.

    Right thus more taxes does not necessarily mean more jobs.

    33% on taxable income over $178,650 to $388,350, plus

    Yes everyone pays at least 15% of their income.

    so you agree with him ok.

    No he`s saying raise taxes, I`m saying cut regulations.
  62. Profile photo of uatme
    uatme Male 18-29
    1074 posts
    May 18, 2012 at 6:53 pm
    the problem is the so called job creators make more than "$178,650 to $388,350", much more. But only pay 15% tax because of capital gains and other loop holes. But ya sure cut regulations so they pay more taxes. I`m definitely for making the system simpler so we can stop depending of BS lawyers and what not.
  63. Profile photo of OldOllie
    OldOllie Male 60-69
    15841 posts
    May 18, 2012 at 8:41 pm
    Excuse me? You consider Paris Hilton or Kim Kardashian to be "work horses?"

    And those "vultures" are the working class.
    Gerry, PH and KK wouldn`t be my first choices as examples, but at least they`re paying their own way. Every dollar they earn was given to them willingly in exchange for something that someone, somewhere considered to be of value. (I admit that I have yet to figure out just what the hell that is, but at least they`re not on the government tit.)

    And I wasn`t speaking of the working class as vultures. They aren`t the ones being supported by leaching off of others; they`re paying their own way. I was speaking of the PARASITE class -- those who expect society to provide for their every want and need while contributing little or nothing of value in exchange, e.g., OWS f***tards, community organizers, unemployed feminist historians, and generally lazy, shiftless, good-for-nuthin` lay-abouts.
  64. Profile photo of OldOllie
    OldOllie Male 60-69
    15841 posts
    May 18, 2012 at 8:51 pm
    @uatme Do you seriously believe that employers will hire MORE people if you let them keep LESS of their money? If so, I`d really love to see how the math works for that.

    Here`s a little story problem you can use as a start. Joe owns a delivery company. He`d like to hire another driver, but before he can do that, he has to buy another truck for him or her to drive. Unfortunately, the money he could have used to pay for the new truck just went to pay for his new tax increase.

    Now he can`t afford to hire anybody...UNLESS...(please complete the story from here),
  65. Profile photo of CrakrJak
    CrakrJak Male 40-49
    17514 posts
    May 18, 2012 at 9:49 pm
    I can tell a lot of people here have never played Sim City and believe that raising taxes is the solution to all of society`s problems.

    Heavy taxation doesn`t help, never has. Why would anyone work overtime if all that extra income will just be taken away? Why would any inventor innovate a new product if they can`t reap the reward for taking the risk of inventing it? Why would any factory owner reinvest in new technology or expand their factory if the extra revenue would just be confiscated by the government? The answer is, they don`t!

    The top 10% of income earners pay the vast majority of the income taxes in America, quit pissing on them, telling them they are evil and don`t pay enough. Blaming the rich, for your problems, won`t fix a thing. Those that play that blame game, look like childish ungrateful morons and who wants a workforce made up of that?
  66. Profile photo of RytWing
    RytWing Male 30-39
    316 posts
    May 18, 2012 at 10:01 pm
    @arcval. What happens when a billionaire expands their business? Do they just spred out the employees they already have or do they hire more people? I`m suppose to believe they only want to maintain the status quo? They are, in fact greedy. Expanding business=jobs= more money. Your right you taught me nothing.
  67. Profile photo of Squrlz4Sale
    Squrlz4Sale Male 40-49
    6230 posts
    May 18, 2012 at 10:10 pm

    +1 on what Gerry said (repeated below on account of its general awesomeness):

    Excuse me? You consider Paris Hilton or Kim Kardashian to be "work horses"? Giving Paris a bigger tax break and she`d do what? Buy more shoes that Indonesian children made?

    And those "vultures" are the working class. You can only starve them out so much. As it is, they can`t afford to buy anything because wages have not kept up with inflation for 30 years. THAT is what has killed the economy. Companies saving a dime on payroll choked their own markets to death.
    This video was spot on about everything. Well, maybe not the part about squirrels. Still thinking that one over. =^.^=
  68. Profile photo of jops360
    jops360 Male 30-39
    689 posts
    May 18, 2012 at 11:27 pm
    here is what i love about most of these replies. they use an example of some company and how they would not hire anymore if the taxes on the top 10% were to go up. guess what though, the top 10% own MANY companies, they even have the advantage of deversitizing their money, they dont own some crappy delivery company or some small pizza place, they own FORD, CHEVRON, or a financial institution. even if the owner makes a million a year, they would still be below the top 10% of "earners". these people make their money off of other peoples money, they buy and sell companies like people buy games. in fact they do this so much they dont even have to pay the amount most people think, they pay taxes as capital gains and that rate is at 15%. i dont get why people scream about the high taxes they think they pay when in fact they have been using this loophole for years. on top of that more than half of the time they claim that their company didnt make a dime and that leaves them owing no
  69. Profile photo of jops360
    jops360 Male 30-39
    689 posts
    May 18, 2012 at 11:32 pm
    until we fix the loopholes no matter what we set the taxes at, they will pay what they want to pay. they already own the government all we are doing is complaining about what is written down in the books. also, the customers are the only reason the company is there in the first place. keep them poor and the economy will never recover. take away their thought of a brighter future and then we might have a mutiny on our hands. keeping them stupid is the prime directive of the rich. they just want them smart enough to follow directions any more and they are considered a threat to those pulling the strings.
  70. Profile photo of jops360
    jops360 Male 30-39
    689 posts
    May 18, 2012 at 11:35 pm
    rytwing - companies want to make enough money as possible and if there were a way to automate every aspect of a company they would do it. they dont care about workers, in fact, they worry about them constantly. people are a liability, machines are not.
  71. Profile photo of jops360
    jops360 Male 30-39
    689 posts
    May 18, 2012 at 11:38 pm
    craker - sim city is a GAME. it was programmed to be easily played. the real world does not have the same rules. please stop tring to dumb it down to make your point.
  72. Profile photo of RytWing
    RytWing Male 30-39
    316 posts
    May 18, 2012 at 11:55 pm
    Jops360
    Spare me the "every company is evil nonsense". Blanket accusations only lead to more ignorance and division. All white people have a white hood in their closet and all black folks are on welfare. B.S.! Your playing right into their hands. Think for your self and don`t let Fox and Msnbc do it for you.
  73. Profile photo of PoopNoodle
    PoopNoodle Male 40-49
    400 posts
    May 19, 2012 at 12:00 am
    Great video
  74. Profile photo of CrakrJak
    CrakrJak Male 40-49
    17514 posts
    May 19, 2012 at 3:11 am
    jops: Yes Sim City is a game, but it`s based on and programmed from real life examples.

    keeping them stupid is the prime directive of the rich..

    Bullsh|t, most companies are desperately seeking well educated technical, science and math majors. The only ones whining that they can`t get jobs are the art, liberal studies and literary/journalist majors. The workforce needs educated people to run and fix the machines. Even more necessary are the engineers ans scientists needed to invent and design those machines.

    Your parroting of the age old, "The man is keeping us down" narrative is as stupid as it gets. That sort of class warfare propaganda was around even before I was born and it`s straight up marxist socialist idiocy.
  75. Profile photo of madest
    madest Male 40-49
    7378 posts
    May 19, 2012 at 7:22 am
    Economists don`t learn their trade by playing SIMCity. It`s like saying you`d be a good soldier because you played Modern Warfare.
  76. Profile photo of jops360
    jops360 Male 30-39
    689 posts
    May 19, 2012 at 8:18 am
    rytwing - you are in your own little world if you think companies dont put profit over people. with the rise in technlogy automation is a constant winner over hiring the average worker to do menial jobs. i have seen in in every company i have ever worked in and i dont think that it was a localized practice. and you say that i dont think for my self, your own name tells me you only consider the right wing propaganda. do you also think super pacs are ok or that its ok for lobbyists to bribe officials into doing their bidding.
  77. Profile photo of uatme
    uatme Male 18-29
    1074 posts
    May 19, 2012 at 8:24 am
    @OldOllie unless the money belongs to the company (not the multi-millionair who runs it) then he pays small business taxes which would be less, and maybe there are tax credits on new equipment like the truck. Your example is a perfect one to prove my point. Only when the money transfers from the company to the rich employee should it be taxed at the 35%.. but this has nothing to do with capital gains which is the real problem. Im sure this post is way to late anyway..
  78. Profile photo of uatme
    uatme Male 18-29
    1074 posts
    May 19, 2012 at 8:26 am
    @OldOllie the real problem is that people keep calling rich people job creators, they`re not talking about employers, they are just talking about rich people, yes some may overlap but not all do.
  79. Profile photo of RytWing
    RytWing Male 30-39
    316 posts
    May 19, 2012 at 8:30 am
    Jops360
    I work for an employer who could very easily automate things but that would remove human interaction and the service aspect which is not good for business.
    Ever heard of the fortune 500? That`s a list of companies that are the best to work for.
    I agree that they are a whole lot of greedy turds in big business. But, this blanket generalization that industry is evil is way to hard to swallow.
    BTW. I`m a registered independent.
  80. Profile photo of jops360
    jops360 Male 30-39
    689 posts
    May 19, 2012 at 8:30 am
    cracker - moddest said it best. besides that college is not for everyone. the main thing it does is get people ready for lifelong debt. you are right in saying that the current workforce is in need of highly skilled people to take care of the machines that took over the menial jobs but that is just helping my arguement that technology is taking away all of the easy jobs people need. it takes one person to keep multiple machines running when it used to take one per machine. thats jobs lost. until a higher education dosnt do more harm than good people will stay dumb. also, guess who makes the most from people paying an arm and leg going to college, the banks. the same people pushing for lower taxes and demanding that college tuition doesnt fall with regular debt. if the rich didnt want us to stay dumb wouldnt they want a highly skilled workforce? wouldnt they want colleges to lower tuition and book prices in order to make smarter workers? they have the power, they are just making to much
  81. Profile photo of jops360
    jops360 Male 30-39
    689 posts
    May 19, 2012 at 8:38 am
    rytwing - yes the service industry would not be a good example of this, i am talking about the production side. but right now our production side is suffering. what we need is production, service doesnt pay much compared to it and without production most people need two ore more jobs just to pay the bills. i am not trying to cover all business with my descriptions, just the ones that are needed the most and the ones that obviously make the most profit from these decisions.
  82. Profile photo of RytWing
    RytWing Male 30-39
    316 posts
    May 19, 2012 at 8:46 am
    Jops360
    What I private citizen does with their own money is none of my (or your) business. I am adamantly opposed to lobbying.
    You assume you know me by my name. Here`s a run down of me. I love guns and God. Don`t attack them. Don`t try and take them away from me. Live and let live.

    Fox news is not fair nor balanced but by comparison to MSNBC (left wing rag) they look moderate.
  83. Profile photo of RytWing
    RytWing Male 30-39
    316 posts
    May 19, 2012 at 8:49 am
    Legislation gave all those production jobs to other countries. The government is the problem. Buy American every chance you get.
  84. Profile photo of Cajun247
    Cajun247 Male 18-29
    10731 posts
    May 19, 2012 at 12:22 pm
    @jops360

    Automation does not cost jobs
  85. Profile photo of Palfas
    Palfas Male 30-39
    411 posts
    May 22, 2012 at 12:17 pm
    RytWing
    Legislators created tax breaks and loopholes for companies that were sending their workforce over seas. It was going to happen one way or another, but this way their buddies all get to make more money.

    Faux news is so far left, it makes MSNBC look moderate.

    OldOllie
    You clearly didn`t watch the video. The last thing any company will do is hire new employees. Just look at our current situation with large companies, they have way more cash on hand right now then ever, but they`re not hiring. They`re not hiring because of low demand, which is due to a middle and lower class with no money and no jobs.

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