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Disrupt, Deny, Deflate. Read the RPF trolls' playbook here (post #3): http://www.ronpaulforums.com/showthr...eptive-members
Last edited by NorthCarolinaLiberty; 12-15-2017 at 08:12 PM.
Disrupt, Deny, Deflate. Read the RPF trolls' playbook here (post #3): http://www.ronpaulforums.com/showthr...eptive-members
They will pay the least they have to in order to attract the labor they want to hire. If a job requires special skills which are in limited supply relative to the openings, wages will be higher. More and more jobs are capable of being done by more and more people as technology makes performing that job easier. That lowers the wages a company needs to pay out. Technology can even completely replace workers- lowering their wages to zero.
Employees will take the most they can get to provide value to their employer.
Wages are also higher for harder workers, quality work, etc.If a job requires special skills which are in limited supply relative to the openings, wages will be higher.
The economy is becoming more and more specialized, limiting even more what an individual can do.More and more jobs are capable of being done by more and more people as technology makes performing that job easier.
Technology also requires workers. Ideally, the workers shift to creating and working with the new technology.Technology can even completely replace workers- lowering their wages to zero.
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ZippyJuan, I think you have a defeatist approach. The employer-employee relationship is a two way street.
Progressives like to portray the worker as a helpless pawn. The way an employee becomes on par with the employer is to become skilled, work hard, market himself, provide something other workers can't do, etc.
Be the employee that the employer seeks and wants, not the other way around.
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Tax breaks are not subsidies or welfare.
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"A politician will do almost anything to keep their job, even become a patriot" - Hearst
Rubio's yes helps pass tax bill . . .
Key features of the Republicans’ final tax bill
-Health care
The bill eliminates the individual mandate, a key part of the Affordable Care Act that penalizes Americans who don't maintain health coverage.
The Congressional Budget Office estimates 13 million fewer people will have health insurance after a decade if the mandate is eliminated and premiums will rise by 10 percent on the individual market.
https://www.nbcnews.com/politics/pol...x-bill-n830346
I keep seeing stories that this tax plan will result in a lot of low income and middle class people paying more in taxes though, on account of the loss of their deductions.
Rubio's approach is the wrong one. But they still should have made bigger cuts at the low end to offset the losses of deductions.
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
Proponent of real science.
The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.
WaPo said that 85% of people in all quintiles will see lower taxes. They increase the personal exemption to offset the loss of deductions.
Here's a calculator: http://taxplancalculator.com/calc
Important changes:
-- medical deduction NOT ended
-- student loan deduction NOT ended
-- tuition waivers NOT ended
-- mortgages capped at $750k for
deduction; current homeowners
grandfathered in
-- child credit made more refundable
-- rates lowered (see details to left)
-- state/local deductions now allowed up
to 10k (property, income, or sales)
Other notes:
These do not change from current law:
-- social security earnings not changed
-- business owner expensing not changed
-- EITC not changed
Agree. Once you start playing the deduction game, it will be corrupted. It creates incentives and decentives, usually with the goal of economic or social engineering. It always leads to cronyism and favoritism.
It also highlights an essential difference between corporate taxes vs. individual taxes. Even if they were the same rate, a business gets write-offs and deductions that an individual will never get.
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
Proponent of real science.
The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.
$300,000 a year puts you in the top three percent. http://money.cnn.com/calculator/pf/i...ank/index.html
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
Proponent of real science.
The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.
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