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Chris
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In response to Buds post. Back in december my CPA calls me up and says "Chris you need to spend some money" Now My company did not have a whole lot but we had been saving all year and I was faced with an ultimatum, either I buy some new equipment that we did not need at the time or give away over 40% of the businesses profit to taxes. My goal was to have a little nest so I don't have to stress about payroll and all the other costs to run a business. I spent about half of what we had saved up and got taxed on the rest so I got to keep about 28% of what I had in the beginning of December. Then two weeks later Work comp decided they were going to up their costs and I can barely afford the bill. It's just hard to run a business and get ahead in this country.
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Chris
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Tried all that, my last year tax return showed business profit on there so they wouldn't believe me. I got through it but it was difficult.
nealtw
Contractor retired
Now you have invited someone to dissagree
nealtw
Contractor retired
I forgot, corporation are people too.:banana::banana::banana:
zannej
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Chris
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I just wanted to add that I went to Costcos website today like Havasu mentioned and signed up for dental insurance for my whole family for 200 a year.
nealtw
Contractor retired
There is no way I will look at what I was paying 20 years ago, I will be sick for a week.
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havasu
Guest
Now that is two beers you owe me! :beer:
slownsteady
Well-Known Member
If I had to quote every post that I wanted to comment on, this post would be three pages long. So I’ll just try to hit some points that I read along the way.
Chris wouldn't mind paying the same rate as everyone else pays for healthcare; good point, who would want to pay more? But that leads us around to the Single-Payer system, which Congress and the Insurance Industry screamed about every time it was mentioned. And that's why the ACA had to become such an ugly hybrid.
We are standing on the edge of a world where machines can do most (all?) of the work, yet we still live with an economy that is based on human labor. Incomes are all screwed up. Finding enough jobs for the population is nearly impossible (ask any recent college grad). The global economy sucks the menial jobs overseas. What happens when those sick, hungry poor people get fed up with the system? If the system doesn’t take care of them they will turn against it.
An open market would inspire competition among insurance companies: Yes, and so would taking away the incentives for companies to provide health insurance. Your health insurance would not be based on your employment - would not have to change when you change jobs - would not be dictated by what your boss can afford.The Ins companies would have to compete in the retail market, instead of the deeper pockets that business has.
Someone compared healthcare costs ten years ago to costs now. Great! While you’re at it roll back the price of gas to where it was when I first started driving.
Chris wouldn't mind paying the same rate as everyone else pays for healthcare; good point, who would want to pay more? But that leads us around to the Single-Payer system, which Congress and the Insurance Industry screamed about every time it was mentioned. And that's why the ACA had to become such an ugly hybrid.
We are standing on the edge of a world where machines can do most (all?) of the work, yet we still live with an economy that is based on human labor. Incomes are all screwed up. Finding enough jobs for the population is nearly impossible (ask any recent college grad). The global economy sucks the menial jobs overseas. What happens when those sick, hungry poor people get fed up with the system? If the system doesn’t take care of them they will turn against it.
An open market would inspire competition among insurance companies: Yes, and so would taking away the incentives for companies to provide health insurance. Your health insurance would not be based on your employment - would not have to change when you change jobs - would not be dictated by what your boss can afford.The Ins companies would have to compete in the retail market, instead of the deeper pockets that business has.
Someone compared healthcare costs ten years ago to costs now. Great! While you’re at it roll back the price of gas to where it was when I first started driving.
slownsteady
Well-Known Member
BTW: Reagan being considered the second coming of the lord, is a myth. 
:banana::banana::
:banana::banana::
oldognewtrick
In memory of
nealtw
Contractor retired
Delta has list of other states they are in at the bottom of this page.
http://www.deltadentalins.com/
http://www.deltadentalins.com/
Actually REAGAN was and still is our problem.
Deregulation and trickle down nonsense has utterly destroyed the economy.
If you look at where it all went horribly wrong on ANY chart it starts in 1980.
For the past 100 years the economy under Democratic presidents has outperformed the economy's under "Republican" presidents every time.
http://www.voxeu.org/article/us-economy-performs-better-under-democratic-presidents-why
Now of course there is only about 2 people on this thread that will agree or understand what the below video is saying.
Reason being is that today we as a country are just as divided if not more so than we were during the civil war, and the main reason for that is the MEDIA and the main reason for the media being like they are today is of course like everything else that has gone wrong in the past 30+ years, REAGAN.
http://www.newsfocus.org/media_coup.htm
Thus we currently have about half the entire country because of Media fueled lies that fully believe all kinds of utter nonsense and there is no possible way to reach that 50%. I would have better luck talking to my Chihuahua about the economy, medical cost and what can be done about it.
Sadly that 50% vote and here we are.
Depending on what happens in 2016 you may be looking back to 2014 with dewy-eyed fondness.
[ame="http://vimeo.com/19635232"]http://vimeo.com/19635232[/ame]
As for a flat tax, flat tax would be fantastic for about 5% of the population, the rest of us would pay higher taxes, those that could afford it the least would pay the most. Flat-rate tax would work well if everyone made the same-amount or at least close to the same amount of income
The US has the highest wealth inequality in the world.
The top 5% make roughly 62-65% of every single dollar earned in this country, why should someone that earns less than 1% of the wealth pay even 10% let alone 15-20% which most flat tax bills say?
The less the bottom 95% have to spend the worse the economy will become.
People that make less than $50,000 a year largely spend every single dime of it on mostly necessities AND usually go into debt on top of that.
Very rarely does a Billionaire spend a Billion the rest sits in the bank or some overseas account.
frodo
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Chris
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Micheal Moore is the last person I will listen to for anything.
I still am baffled on how you think it is ok for someone to have to pay a higher percentage because they make more money. That seems like take from the rich and give to the poor. It is not a case of being able to survive on the larger amount of money. Like it has been stated several times in this thread, the more you take from the ones employing the nation the less they will employ and the less they will spend thus ruining any sort of trickle down. If I was taxed less I would spend more money, plain and simple.
That and just like Frodo said you are already paying more than the 5-15% flat tax rate now.
Imagine if you had worked your *** off your entire life and became a success, you are now making a million a year, you are donating 40% to charities and investing some and using some to build your company larger and employ more people, then the government says hey we need you to pay five times the percentage of someone else, there is nothing you can do about it so you stop donating to charities all together and put less into your company and maybe lay off a few hundred people who now have no jobs. You just added a few hundred people to the government assistance program.
Take Home Depot and the ACA. I had a good buddy that worked there and was technically part time yet working 40+ hours a week. The government gave them an ultimatum and said you either need to give healthcare to all these people or cut there hours to 29 or less. Guess what the smart business decision was that screwed thousands of people nationwide? They cut all those people down to 29 hours. Not because they wanted to but because paying for healthcare for all those people puts a huge burden on a company and could potentially put them out of business. You can blame the business all you want for this but it is only a reaction to what the government is putting in force.
I still am baffled on how you think it is ok for someone to have to pay a higher percentage because they make more money. That seems like take from the rich and give to the poor. It is not a case of being able to survive on the larger amount of money. Like it has been stated several times in this thread, the more you take from the ones employing the nation the less they will employ and the less they will spend thus ruining any sort of trickle down. If I was taxed less I would spend more money, plain and simple.
That and just like Frodo said you are already paying more than the 5-15% flat tax rate now.
Imagine if you had worked your *** off your entire life and became a success, you are now making a million a year, you are donating 40% to charities and investing some and using some to build your company larger and employ more people, then the government says hey we need you to pay five times the percentage of someone else, there is nothing you can do about it so you stop donating to charities all together and put less into your company and maybe lay off a few hundred people who now have no jobs. You just added a few hundred people to the government assistance program.
Take Home Depot and the ACA. I had a good buddy that worked there and was technically part time yet working 40+ hours a week. The government gave them an ultimatum and said you either need to give healthcare to all these people or cut there hours to 29 or less. Guess what the smart business decision was that screwed thousands of people nationwide? They cut all those people down to 29 hours. Not because they wanted to but because paying for healthcare for all those people puts a huge burden on a company and could potentially put them out of business. You can blame the business all you want for this but it is only a reaction to what the government is putting in force.
slownsteady
Well-Known Member
This topic has strayed a little from healthcare, and I know it's all related. But here's a little video that might be interesting right about now:
[ame]https://www.youtube.com/watch?v=QPKKQnijnsM[/ame]
[ame]https://www.youtube.com/watch?v=QPKKQnijnsM[/ame]
Nice clip from Michael Moore’s for profit movie. You could also look to Saul Alinsky for information to post or give us George Soros take on making money.
From CNBC far cry from FOX News the “Brainwashing Network”
http://www.cnbc.com/id/101264757
More
http://www.cnsnews.com/news/article...ome-taxes-bottom-40-paid-91-got-average-18950
http://www.ntu.org/foundation/page/who-pays-income-taxes
http://www.heritage.org/federalbudget/top10-percent-income-earners
From the Horse’s Mouth
http://www.cbo.gov/publication/44604
Neal said corporations are people to. Many are.
http://taxfoundation.org/blog/new-cbo-projections-understate-average-corporate-tax-rate
Most billionaires don’t park their money in a bank to just pile up there. Most invest it back into growth in what they are doing, or invest in markets where others will put it to work creating jobs. It is sad the places allowing the freedom to do that have to be overseas many times.
Unless you are talking about old money and guys like John Kerry and his $200,000,000 plus nest egg.
http://cnsnews.com/news/article/john-kerry-200-million-secretary-state
In closing I will say.
I never got a job from a poor person.
From CNBC far cry from FOX News the “Brainwashing Network”
http://www.cnbc.com/id/101264757
More
http://www.cnsnews.com/news/article...ome-taxes-bottom-40-paid-91-got-average-18950
http://www.ntu.org/foundation/page/who-pays-income-taxes
http://www.heritage.org/federalbudget/top10-percent-income-earners
From the Horse’s Mouth
http://www.cbo.gov/publication/44604
Neal said corporations are people to. Many are.
http://taxfoundation.org/blog/new-cbo-projections-understate-average-corporate-tax-rate
Most billionaires don’t park their money in a bank to just pile up there. Most invest it back into growth in what they are doing, or invest in markets where others will put it to work creating jobs. It is sad the places allowing the freedom to do that have to be overseas many times.
Unless you are talking about old money and guys like John Kerry and his $200,000,000 plus nest egg.
http://cnsnews.com/news/article/john-kerry-200-million-secretary-state
In closing I will say.
I never got a job from a poor person.
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