Posted by MikeT23 on 6/12/2014 3:31:00 PM (view original):
Posted by burnsy483 on 6/12/2014 3:29:00 PM (view original):
Posted by MikeT23 on 6/12/2014 3:24:00 PM (view original):
Posted by burnsy483 on 6/12/2014 3:22:00 PM (view original):
Posted by MikeT23 on 6/12/2014 3:16:00 PM (view original):
Posted by burnsy483 on 6/12/2014 3:05:00 PM (view original):
A million dollars doesn't go just as far in every city in America.
The average person who makes $100K will value his next dollar less than the average person who makes $50K.
My favorite movie is Shawshank Redemption.
3 statements that don't relate to each other.
1. True
2. Bullshit
3. If you say so
Anyhow, back to the point. You can't say "20k guy values his dollar more than 40k guy. And 40k values his dollar more than 400k guy" and so on down the line. Individuals are individiuals with different financial situations/committments. And the govt shouldn't try to group people for their tax committment either. 40k here isn't 40k there.
FWIW, I'm not just talking out of my ***. I've lived in every tax bracket over the last 16 years. I value my dollar more now than I ever have and I'm a long way from my low point. That's why I'm not interested in someone telling me how much I value my dollar. Or telling anyone else how much their dollar is worth to them.
I'm also not interested in telling any individual how to value their dollar. I haven't done that.
#2 is a fact, Mike. Call it bullshit if you want, I don't know how you can argue against it. And you haven't aside from just calling it "bullshit."
Yet you do. "Take more from them because they'll miss it less" is definitely telling someone the value of their dollar.
I suppose I could ask you to define "average" person. But you'd still have to put them in a vacuum. And, as we know, that's not where anyone resides.
Who, specifically, am I telling that to?
Whoever you're referring to when you said "Tax them more because they'll miss it less."
So who are those people?
The average person who makes $1M will miss tax money less than the average person who makes $50,000. So it makes sense, for the benefit of the country, that people who make $1M should be taxed at a higher rate.