In response to:

Want More in Taxes? Create a Job

canetoad Wrote: Nov 21, 2012 12:43 AM
Dear John, the only reason the top 1 % is paying a higher percentage of the tax revenue is they are accumulating a whole lot more of the wealth. Unfortunately, as much as you would like it, it can't continue to keep filtering upwards, us plebs need something to live on and seeing how the pie is only so big, makes sense those who have accumulated the most wealth need to pay the most taxes.
FletchforFreedom Wrote: Nov 21, 2012 6:20 PM
Dear canetoad, even after three decades of teaching basic economic concepts I am still astounded at the incredible level of economic ignorance that still exists in this country as evidenced by imbecilic assertions lie "seeing how the pie is only so big". It is an historical fact that the creation and accumulation of wealth (that is, the free market) is the ONLY source of prosperity, more jobs and increased compensation and yet still there are ignoramuses that believe that interefering with this process magically helps the "plebs" in what is demonstrably NOT a zero sum game.

Do at least a minimum of economic or historical research before making such a fool of yourself.
Illbay Wrote: Nov 21, 2012 10:44 AM
"...seeing how the pie is only so big..."

The only way you can "see" that is if you are so blind, stupid and ignorant that you don't understand basic economics.
Colonialgirl Wrote: Nov 21, 2012 5:20 AM
Troll spew from one of the usual brain dead trolls that crawl out of the sewe
karpe diem Wrote: Nov 21, 2012 2:22 AM
your logic is all wrong. the pie is never a static piece. the more investments w make the larger the pie. more people working increase the size of the pie. by your logic bill gates and ralph lauren and steve jobs took out more for themselves from the pie. which of course in wrong. they made the pie much larger by their efforts and ingenuity. if people do not learn that they will never understand how the economy works.
oldshortfatboy Wrote: Nov 21, 2012 2:56 AM
Rachel, toad posted a remark a few months ago that there is only a finite amount of wealth in the world. He's obviously uneducated like so many other libtard products of our government schools.
Colonialgirl Wrote: Nov 21, 2012 5:21 AM
Troll spew from one of the usual brain dead trolls that crawl out of the sewe
Pistol Wrote: Nov 21, 2012 5:52 AM
A finite amount of wealth defines unchanging wealth. A constantly increasing amount of wealth approaches infinite asymptotically. Nothing is ever infinite. As soon as it is measured, it becomes finite. Roy, are you saying you believe wealth is a zero sum game?
Jay Wye Wrote: Nov 21, 2012 8:46 AM
the universe.
there's all sorts of resources in asteroids and on other planets.
Maybe we earthlings will survive long enough to reach them and exploit them.
FletchforFreedom Wrote: Nov 21, 2012 6:24 PM
He isn't technically, historically, economically or rationally right in any facet. The non sequitur of "infinite wealth" simply demonstrates a complete lack of understanding of the subject (necessary in the befuddled unionist mind so it's understandable). That the free market is the only source of increased wealth AND compensations has been the greatest boon to the working man ever discovered by the mind of Man yet the economically uneducated still insist upon interfering with it on the idiotic assumption that workers and capitalists are working at cross purposes.

The millionaire poster boy of the tax-the-rich crowd, who amazed everyone with the revelation that rich people don’t pay their fair share by his talking about his own example, has released his tax returns online with an accompanying asterisk because the truth is a lot less dramatic than his claims.

Turns out that Eric Schoenberg, chief cheerleader for United for a Fair Economy, only made about $37,000 after he paid his expenses, local taxes and accounted for charitable contributions.

He originally claimed he had income of over $200,000.  

After telling the AP that he only paid one percent in...