Nick Hanauer - Job Creator Myth

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firstdown
05-23-2012, 05:48 PM
auto industry bailouts, bank bailouts, defense bailouts... all of these cause by bad ceo level leadership and greedy mortgage bankers that ended up costing us all a lot of money.

and it's silly that i'd pay a 24%+ effective tax rate while those (like letterman) who get free money from subsidized farming, and others that hide money in off shore accounts and use low taxed investment income etc pay 15-18% even though they make 5-100x more than me. fair share and all.

I thought all that money was paid back with interest. LMAO

NC_Skins
05-23-2012, 06:58 PM
I thought all that money was paid back with interest. LMAO

Tracking the $700 Billion Bailout - The New York Times (http://www.nytimes.com/packages/html/national/200904_CREDITCRISIS/recipients.html)

Bailout Scorecard | Eye on the Bailout | ProPublica (http://projects.propublica.org/bailout/main/summary)




Name me another business in the real world that has been bailed out tax payers because it's rich entitled CEOs made poor ass decisions so they could bank a buck or two?

Like I said, when rich people make bad decisions, the poor people pay for them as well as their own.


Just like you. If you made horrible decisions at your work, would you eat the costs or would you pass them on? My guess is you'd lay off people, cut your costs to make up for that stupid decision. Again, the poor people paying for the mistakes of the upper echelon. (not claiming you are such, just using it as an example)

firstdown
05-23-2012, 09:30 PM
[quote=NC_Skins;918383]Tracking the $700 Billion Bailout - The New York Times (http://www.nytimes.com/packages/html/national/200904_CREDITCRISIS/recipients.html)

Bailout Scorecard | Eye on the Bailout | ProPublica (http://projects.propublica.org/bailout/main/summary)




Name me another business in the real world that has been bailed out tax payers because it's rich entitled CEOs made poor ass decisions so they could bank a buck or two?

Like I said, when rich people make bad decisions, the poor people pay for them as well as their own.


Just like you. If you made horrible decisions at your work, would you eat the costs or would you pass them on? My guess is you'd lay off people, cut your costs to make up for that stupid decision. Again, the poor people paying for the mistakes of the upper echelon. (not claiming you are such, just using it as an example)[/quote

Its only a stupid decision if you do not learn from your mistake.

NC_Skins
05-24-2012, 09:16 AM
Its only a stupid decision if you do not learn from your mistake.


http://gifsoup.com/webroot/animatedgifs6/1922026_o.gif


Dodging like a mofo. Since you didn't disagree with that assessment that the poor people pay for the rich people's mistakes, that kind of nullifies your gripe about poor people.

firstdown
05-24-2012, 02:31 PM
http://gifsoup.com/webroot/animatedgifs6/1922026_o.gif


Dodging like a mofo. Since you didn't disagree with that assessment that the poor people pay for the rich people's mistakes, that kind of nullifies your gripe about poor people.


Well 50% of Americans (mainly the poor) don't pay federal taxes so how did they help bail out the rich. I don't have a gripe with the poor I was just stating the truth.

That Guy
05-25-2012, 04:00 AM
this is silly, if you can get some facts, great, but i'm not going to debate your unsupported opinions if you feel like saying your right is good enough to prove your point on its own.

NC_Skins
05-25-2012, 08:38 AM
I'd say my bottom 20% of low income customers have more trafic violations then the other 80% of customers.

Question, how exactly do you know what they make? My insurance agent or company has no clue what I make, nor is it any of their business. So how are you making claims like this to begin with?


Well 50% of Americans (mainly the poor) don't pay federal taxes so how did they help bail out the rich. I don't have a gripe with the poor I was just stating the truth.

I hate to break the bad news to you bro, but the middle class are poor now. That's right. The gap between the ultra rich and the middle class opened up tremendously over the past 20 years due in part to crooked politicians taking bribes(aka..campaign donations). Even so, got any numbers to support that statement?

firstdown
05-25-2012, 09:25 AM
]Question, how exactly do you know what they make?[/B] My insurance agent or company has no clue what I make, nor is it any of their business. So how are you making claims like this to begin with?




I hate to break the bad news to you bro, but the middle class are poor now. That's right. The gap between the ultra rich and the middle class opened up tremendously over the past 20 years due in part to crooked politicians taking bribes(aka..campaign donations). Even so, got any numbers to support that statement?

A good insurance agent knows his clients and what types of protection they need to protect their assets and personal belongings. Anyone can write a auto or home owners policy but understanding clients other needs take asking questions. Some of my customers don't want to take a review but 90% do so I know what they make for a living.

As far as the middle class now the poor that's just plan old stupid. I'm middle class and I'm far from being poor. A simple search you will find thounsands of articles talking about the 47% that pay no taxes. So I here is a clip from CNN which is no right wing news outlet.

NEW YORK (CNNMoney.com) -- Most people think they pay too much to Uncle Sam, but for some people it simply is not true.
In 2009, roughly 47% of households, or 71 million, will not owe any federal income tax, according to estimates by the nonpartisan Tax Policy Center.
Some in that group will even get additional money from the government because they qualify for refundable tax breaks.
The ranks of those whose major federal tax burdens net out at zero -- or less -- is on the rise. The center's original 2009 estimate was 38%. That was before enactment in February of the $787 billion economic recovery package, which included a host of new or expanded tax breaks.

47% of households owe no tax - and their ranks are growing - Sep. 30, 2009 (http://money.cnn.com/2009/09/30/pf/taxes/who_pays_taxes/index.htm)

NC_Skins
05-25-2012, 10:46 AM
As far as the middle class now the poor that's just plan old stupid. I'm middle class and I'm far from being poor. A simple search you will find thounsands of articles talking about the 47% that pay no taxes. So I here is a clip from CNN which is no right wing news outlet.

NEW YORK (CNNMoney.com) -- Most people think they pay too much to Uncle Sam, but for some people it simply is not true.
In 2009, roughly 47% of households, or 71 million, will not owe any federal income tax, according to estimates by the nonpartisan Tax Policy Center.
Some in that group will even get additional money from the government because they qualify for refundable tax breaks.
The ranks of those whose major federal tax burdens net out at zero -- or less -- is on the rise. The center's original 2009 estimate was 38%. That was before enactment in February of the $787 billion economic recovery package, which included a host of new or expanded tax breaks.

47% of households owe no tax - and their ranks are growing - Sep. 30, 2009 (http://money.cnn.com/2009/09/30/pf/taxes/who_pays_taxes/index.htm)


1) That article was 3 years ago.
2) They are referring to households. (aka..married couples and families)

47% of the households making less than 50K have 0 liability. That's a far different claim than saying 50% of the American people aren't paying federal taxes.


Just curious, but how do you suggest a family of four or five to live off below 50K per year?

Food, rent, car, insurance, clothes, school supplies, college tuition, retirement, gas,...and so on and so on.

firstdown
05-25-2012, 11:29 AM
1) That article was 3 years ago.
2) They are referring to households. (aka..married couples and families)

47% of the households making less than 50K have 0 liability. That's a far different claim than saying 50% of the American people aren't paying federal taxes.


Just curious, but how do you suggest a family of four or five to live off below 50K per year?

Food, rent, car, insurance, clothes, school supplies, college tuition, retirement, gas,...and so on and so on.

Sorry the number is still the same in 2011.

TPC Tax Topics | Who Doesn't Pay Federal Taxes? (http://www.taxpolicycenter.org/taxtopics/federal-taxes-households.cfm)


As far as living off 50K per year that would not be very hard in our area. In the 80's when I was a single father trying to get my career started I made maybe $13,000 per year and made ends meet.

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