Rebane's Ruminations
June 2011
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George Rebane

According to the progressive worldview, you will work just as hard and take just as much risk when the government takes 80% of your earnings as you will when the government takes only 30% of those same earnings.  That simple proposition is the left’s basis for funding any additional revenues they deem government to need.  Just raise tax rates until the numbers come out as required by your spending programs.

UncleSamGimme And it isn’t only the sheeple in their ranks that fervently believe this.  It is also a phalanx of credentialed economists (some Nobelists included) and behavioral sociologists.

That the historical data does not support this conclusion is ignored by the apologists who see all fiscal problems solved by simply raising taxes.  Most people will instinctively understand the insanity of such a belief, at least when they put themselves into the earner’s shoes.  ‘Why should I work just as hard for the dollar from which the government will let me keep twenty cents, than I do for the same dollar from which I got to keep seventy cents?  I think I’ll just take some extra time off and figure out where to put my energies so I can keep more of what I earn.’

And that such thoughts are beyond rocket science to the collectivist is borne out by their constant surprise of why government revenues fall when tax rates approach confiscatory levels.  Yet, as we can see today, their tax hike solution is in stasis, trotted out every time the debt burdens and unfunded liabilities of governments are discussed.  ‘We’ll just tax the rich, they’re so stupid that they won’t notice, and we’ll get all that extra money that they will continue earning no matter what we do.’


Stephen Moore in the 28may11 WSJ presents an analysis showing how the Obama administration expects to solve our fiscal problems by raising total tax rates above 60% in the near term, with the expectation of returning to even higher rates later.  Their assurance to the rest of us is ‘Don’t worry, the rich can afford it and they will pay it.’

Elsewhere we have been shown that if the rich really are that stupid and keep their earnings constant, AND the government takes ALL their earnings, it still won’t amount to a hill of beans as far as the real cuts we have to make in our entitlements payouts.

But the liberal mind is beyond conversion when it comes to looking at the world as a neat collection of little boxes of human activity, each isolated from the others, what you do to one of them affects only that specific activity.  Most people gave up that kind of thinking at a very young age and started seeing the linkages between almost everything that humans plan and do.  The fundamental paradigm that captures this reality is, ‘You can’t do just one thing.’

But liberal control of education teaches kids exactly the opposite in the affairs of man.  In those schools it is only natural things, like the environment, in which linkages exist.  And these linkages are only the politically mandated ones.  A tax-based example of this, which government monopoly schools have embedded in little formative minds, is the wholesale ignorance that state workers and corporations really pay taxes.  The little darlings grow up believing it until life’s last breath, and go to their reward never knowing that corporate taxes are just another sleight of government’s hand in their own wallets.

What’s more, it is real easy to get these good hearted folks to support raising taxes on greedy corporations, else it just adds to the filthy lucre of corporate profits, which, as we all know, is a pretty seamy reason to conduct business.

Posted in , , ,

143 responses to “The Liberal Mind – Tax Rates Don’t Affect Earnings”

  1. Martin Avatar
    Martin

    To quote the liberal hero Karl Marx:
    “There is only one way to kill capitalism—by taxes, taxes, and more taxes.”

    Like

  2. Ben Emery Avatar

    This is a very disingenuous or very ignorant proposal of the progressive tax system.
    High tax rates on the top margins only come into play after a high threshold is met.
    How the progressive tax system works. Not actual numbers but made easy for comprehension
    0- $50k = 5% income tax rate
    $50k – $200k = 10% tax rate
    $200k – $500k = 15% tax rate
    $500 – $1million = 20% tax rate
    $1million and higher = 50% tax rate
    As we can see the millionaire only pays 5% on their first $50k then 10% on the next $150k and so on.
    The high top marginal tax rates are used for incentives to reinvest the capital back into the entity that created the wealth. This is what created the strongest and largest middle class in world history. That reinvestment came in the forms of good wages, benefits, pensions, r & d, and a funded government that could invest in infrastructure that would benefit business.
    The result of restructuring the tax codes to where bid business administrators are paid through compensation packages that are taxed at a maximum 15% has created an atmosphere of greed and absolute corruption of our elected representatives.

    Like

  3. Todd Juvinall Avatar
    Todd Juvinall

    Yeah Ben, the successful get charged more. That is unfair and stupid. A national sales tax covering all government expenditures at say 7% and then we have fairness.

    Like

  4. Bob W Avatar
    Bob W

    Ben,
    “very ignorant proposal of the progressive tax system” Are you referring to your imaginary numbers or something George was stating. If it is something George stated then what was it he proposed? Threshold? That implies a point where something would make an abrupt change. How would that relate to progressivism? Explain to us how the top marginal rates created the strongest and largest middle class in world history. I always thought it was created by the incentive of possibly reaching the top marginal rate. Please break done these “compensation packages that are taxed at a maximum 15%” and while you’re at it tell us how that produces greed and why are they for “business administrators”. I am sorry but I can’t pull any substance out of your comment. It sounds to me like you are parroting things you don’t understand yourself.
    Now I have given you a chance to show everyone how wrong I am how intellectual you are. Go for it!

    Like

  5. wmartin Avatar
    wmartin

    $1million and higher = 50% tax rate
    As we can see the millionaire only pays 5% on their first $50k then 10% on the next $150k and so on.”
    And a decamillionaire pays a number increasingly close to 50%.
    I don’t know why I let these tax conversations drive me so crazy. The effective tax rate changes by a half dozen points or so over time (which is real money, mind you) but these high marginal rates are just a talking point picked up by mouth breathers desperately wanting to make a political case.
    But this kind of sentence just slays me:
    “This is what created the strongest and largest middle class in world history.”
    Jeez louise. You’re talking a couple of hundred million people in a world of a few billion, a world war, huge technical advances, shifting trade patterns, the last breakup of the British Empire, scads of changes in culture and government, a big recession and a number of small ones, a still expanding nation into the West, a revolution in farming practice, population growth, and by golly a simple cause and effect statement pops out of all of it.
    The ability of coffee shop economists generally to lay out a complete understanding of large scale human systems never ceases to amaze me.
    In a nutshell, I suppose that’s my main objection to either the ‘Progressive’ or the fascist viewpoint. The top down system design needed implies far more complete understanding of the interactions than anyone really has.
    I probably need to stick to my meds.

    Like

  6. Ben Emery Avatar

    Todd,
    That is why you are considered a regressive.
    Do you believe labor/ workers deserve any credit and are entitled to a decent living?
    When the incentives are to keep the capital gained by the wealth labor created we get a nation like we are experiencing today in America. A very rigid society that has a completely corrupted government who represent the economic royalists instead of the people.

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  7. Ben Emery Avatar

    Here are some thoughts from one of the most influential founders of our nation on the subject of consolidated wealth. Progressive taxation was Paine’s ideas as well to allow people to become affluent but not at the expense of others.
    Rich and Poor
    “The contrast of affluence and wretchedness continually meeting and offending the eye, is like dead and living bodies chained together. … I care not how affluent some may be, provided that none be miserable in consequence of it. But it is impossible to enjoy affluence with the felicity it is capable of being enjoyed, while so much misery is mingled in the scene.”

    Like

  8. Todd Juvinall Avatar
    Todd Juvinall

    Ben, you are simply a run of the mill liberal. Slogans and conservative bashing makes you a cartoon. Who creates the jobs? Government? Amazing that you can be so ignorant of the real world. Your econ 101 is totally lacking. The country created a middle class because anyone and everyone still had some freedom to prosper until your ilk started down the road of government control and interference. You will forever be a minor candidate with your ignorance of economics.

    Like

  9. Bob W Avatar
    Bob W

    Ben,
    The “wealth” does not get created with just labor. Labor itself has never been able to create “wealth” without investment. So a little simple math will illustrate that labor is not the creator of wealth. How where you in math?
    Labor has known no better compensation of effort than in the capitalist atmosphere. Come down to earth and you will appreciate life to a much higher degree.
    “economic royalists” you are a very envious person. I understand that you probably won’t get this but if you were to lose that envy and try to acquire a little ambition that too would allow you to appreciate your position to a much higher degree.
    I am only trying to help!

    Like

  10. Ben Emery Avatar

    “‘Why should I work just as hard for the dollar from which the government will let me keep twenty cents, than I do for the same dollar from which I got to keep seventy cents?”
    It is called incentives towards the health of the American economy and nation.
    My question would be- How much income should be enough before we agree as a society that it becomes destructive to the health of our nation as a whole?
    If a person is “earning” $2million annually that should be enough for any healthy minded person to live a very very comfortable lifestyle. Having to have more money than that raises some red flags.

    Like

  11. Ben Emery Avatar

    Bob,
    One of the favorite books misused by conservatives is the Wealth of Nations. A piece of wood on the ground is just a piece of wood until labor is put towards it to make an axe handle.
    Actually that is interesting that you would call me envious for using the term economic royalists. It was made popular in modern America by a very wealthy individual you might know Franklin D. Roosevelt, was he envious too?
    “The economic royalists complain that we seek to overthrow the institutions of America. What they really complain of is that we seek to take away their power. Our allegiance to American institutions requires the overthrow of this kind of power.”
    I have had many opportunities to earn a high income in my life based on my work ethic. I want a high quality of life not a high maintenance life.

    Like

  12. Mike Thornton Avatar

    The regressives see working men and women as if we’re nothing more than components of their money making machine, to be bought as cheaply as possible, used up and disposed of.
    The reason that a progressive tax system makes sense is because the wealthy use more of and benefit more from the country’s infrastructure.
    I say, tax the crap out of them and if they don’t like it, let them move to Somalia.
    We already know that their so called love for America is a bunch of BS anyway.
    Let them take their money and run!

    Like

  13. Bob W Avatar
    Bob W

    Ben,
    Wretchedness, dead bodies, misery. Does this describe what your envy imposes on you? Go back and read my suggestions. Remember, I am only trying to help!

    Like

  14. Ben Emery Avatar

    Todd,
    As I mentioned before on Ruminations small business’s create over 60% of jobs and a very high majority of those individuals are not even close to the top margins of the tax brackets. The Bush and now the Obama administration gave trillions to millionaires and billionaires in tax breaks over the last decade, where are the jobs?

    Like

  15. Bob W Avatar
    Bob W

    Ben,
    Franklin D. Roosevelt may not have been envious but he sure knew how to evoke that in you.
    ” high quality of life not a high maintenance life”. Now I see how you think you are dealing with your envy. Believe me, there is a much more effective method!

    Like

  16. Ben Emery Avatar

    wmartin,
    We are on a blog so keeping it simple is the best way to communicate. Do you really want me to go into great detail of productivity/ wage gaps, import tariffs (there are over 20,000), intercompany transactions, wage and benefit decreases vs government social program increases, and so on.
    I don’t have the time.
    Economics 101 outside the neocon worldview
    Wages = demand
    Productivity = supply
    higher wages creates jobs to increase productivity.
    Jobs aren’t created because someone has money, jobs are created because there is a demand for a product or service.

    Like

  17. J Cutter Avatar
    J Cutter

    Bob W., I see the condescension directed at an engaged thinker like Ben Emery as a failed attempt at masking your weak grasp of history, based solely upon your perceived ideological divide, and not in reality. I’d contend that Emery’s assertions are closer allied with the principals that influenced our system of taxation than yours, based upon what little substance you have proffered.
    Sad are the tri-pointy hat revisionist reenactors that selectively adopt passage of thought by their idols, much as religious zealots do their holy books, to justify their distortions.
    ‘The necessaries of life occasion the great expense of the poor. They find it difficult to get food,and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich,and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. A tax upon house-rents,therefore,would in general fall heaviest upon the rich;and in this sort of inequality there would not,perhaps,be anything very unreasonable. It is not very unreasonable that the rich should contribute to the public expense,not only in proportion to their revenue,but something more than in that proportion.’
    Source:Wealth of Nations by Adam Smith,published 1776.

    Like

  18. Bob W Avatar
    Bob W

    Sorry Ben,
    “Wages = demand” Is that demand for product or labor?
    “Productivity = supply” First comes productivity, then you get supply.
    “Higher wages creates jobs” = No. more jobs create higher wages.
    Given all the time in the world, after reading your answers, I can only deduce that your detail would be very limited.
    I would suggest continuing to try but I am not sure it would be worth it.

    Like

  19. Bob W Avatar
    Bob W

    J,
    No I can assure you that our ideological divide is not perceived. It is real and defined. And my weak grasp of history is only minuscule compared to the arrogance of your elitism.

    Like

  20. George Rebane Avatar

    A very productive and instructive display by collectivists and conservatives of how the economy works. Collectivists continue to believe that all it takes is unmarshalled labor to decide that value must be added to that piece of wood on the ground, and then to simply pick it up and add value. The enterprise requires no need of direction, capital, and understanding of risks involved – labor can handle it all. (Perhaps with a more than a little help from government.)
    “If a person is “earning” $2million annually that should be enough for any healthy minded person to live a very very comfortable lifestyle. Having to have more money than that raises some red flags.”
    On the other hand, everyone knows that wealth in an economy is in stasis. The more that a greedy capitalist profiteer takes, the less will left to hapless labor – you see it’s a zero-sum game, the size of the pie is fixed. Therefore it makes all the sense in the world to start talking about someone else deciding how much is the maximum that I should be able to earn, and, of course, use the necessary force to restrict my earnings to the number they decided.
    The rest of my money goes to ‘labor’ (whoever they are), the poor, the destitute, …, anyone who did not earn it. But if it was out there for the earning, one might ask ‘why then did they not earn it?’ And as pointed out in my post above, the liberal expects me to get back into the game and earn it all over again so they can crop the amount at whatever level they decide is “enough for a healthy minded person”. (Earning above some amount is a sign of mental illness?)
    But let us now come to the revealing observation here Dear Reader. The progressives in this comment thread are not some disheveled hippies or revolutionaries. They are very normal looking people whom you will greet in the grocery store and sit next to at a movie. They may well even stand next to you on the 4th of July with hat over heart when the flag goes by.
    Yet, as confirmed from their arguments above, they will work and vote at every chance to bring about their described fundamental transformation of America as heralded by our current national leadership. They number more than 20% of the electorate, and can reliably attract another 20+% of ‘independents’ to their point of view in the voting booth.
    To them we are the selfish and greedy leeches on the American workforce, taking what is not ours, and resisting its correct redistribution and proper application across this land. In the end, they will indeed seek to raise their red flags.

    Like

  21. Mikey McD Avatar
    Mikey McD

    Ben, your thoughts meet the definition of a bigot. Discrimination has many targets… do you also discriminate (hate) men of different color, race, religion, or just income levels?
    It is unjust and immoral to discriminate based on income levels.
    “A bigot is a person obstinately or intolerantly devoted to his or her own opinions and prejudices, especially one exhibiting intolerance, and animosity toward those of differing beliefs. The predominant usage in modern English refers to persons hostile to those of differing race, ethnicity, nationality, income levels, etc”

    Like

  22. Mikey McD Avatar

    LOVE IT!!!! RIGHT ON GEORGE!
    “To them we are the selfish and greedy leeches on the American workforce, taking what is not properly ours, and resisting its correct redistribution and proper application across this land.
    Posted by: George Rebane | 13 June 2011 at 11:23 AM “

    Like

  23. Mikey McD Avatar

    Mike, don’t bite the hands that feed you. Don’t forget that us regressives pay 97% of the taxes; fund 97% of government, employ [directly or indirectly] or are “working men and women”, don’t forget that it was us evil entrepreneurs that brought you medical cures/treatments, ipods, hollywood, non-fat ice cream, air conditioning, 100k mile tires, etc etc.
    “I say, tax the crap out of them and if they don’t like it, let them move to Somalia.
    Let them take their money and run!
    Posted by: Mike Thornton | 13 June 2011 at 08:58 AM ”
    Weak sauce. This is a rediculous claim. (dept of education, HUD, FEMA, medicare, SS, WELFARE- are all used by lower income levels) “The reason that a progressive tax system makes sense is because the wealthy use more of and benefit more from the country’s infrastructure.”

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  24. Mikey McD Avatar
    Mikey McD

    George, seen what is happening in Greece? “S&P Downgrades Greece, Says Default Likely- Reuters What is their tax structure like? I am glad you asked…
    Wikipedia: “All Income Tax in Greece is progressive. An individual in Greece is liable for tax on his income as an employee and on income as a self-employed person. In the case of an individual who answers the test of a “permanent resident” of Greece, tax will be calculated on his income earned in Greece and overseas. An individual whose income is only from a wage is not obligated to file an annual return. The employer deducts tax from the employee and transfers it to the tax authority every month. Income tax brackets in Greece for the year 2008 are 0% (up to 12,000 euros), 27% (from 12,001 to 30,000 euros), 37% (from 30,001 to 75,000 euros) and 40% (above 75,000 euros). For tax year 2009 the respective rates will be 0%, 25%, 35% and 40%.
    GREECE Social Security Tax (in addition to income tax):
    An employer is obligated to deduct tax at source from an employee and to make additional contributions to social security as in many other EU member states. The employer’s contribution amounts to 28.06% of the salary. The employee’s contribution is 16%.”
    Strange how the progressives in the USA are ignoring this real world and timely example of the progressive tax system.

    Like

  25. Todd Juvinall Avatar
    Todd Juvinall

    What I read here from the “punitives” like Thornton and Ben Emery is actually explained very simply. They are jealous and envious. Rather than going out there and earning enough money to then be taxed for redistribution to the poor, these sorry examples of our society want to sit in their easy chairs and complain we who actually do the work and pay the taxes do more. I want to know how they feel about say, a rich black man who is now making two million bucks a year because he had a good idea for a new widget. He then hired a bunch of people to make it and things took off big. This black man came from sharecropper parents and was dirt poor. So, I wonder how thes leftwing ?punitives” deal with that?

    Like

  26. D. King Avatar
    D. King

    “They are very normal looking people whom you will greet in the grocery store and sit next to at a movie.”
    Yeah, but they have a tell.
    Just say Sarah Palin and watch em twitch!

    Like

  27. Scott Obermuller Avatar

    This is indeed a revealing discourse. Not that I’m that surprised. All I can say is –
    This is why they’re trying to take away our fire arms.

    Like

  28. Bob W Avatar
    Bob W

    Better yet, this is why the Constitution guarantees our right to keep them!

    Like

  29. Cathy Pearl Avatar
    Cathy Pearl

    they used to enter wearing masks in the middle of night to steal from you-now they just vote-same result.

    Like

  30. Scott Obermuller Avatar

    The Constitution is toilet paper to this crew. I don’t trust more than 3 of the current Supreme Court Justices to even try to follow the Constitution. Our current president has publicly stated that the Constitution is “fatally flawed”. Keep your powder dry.

    Like

  31. Bob W Avatar
    Bob W

    I actually believe that they are safer with the 2nd amendment in force.

    Like

  32. wmartin Avatar
    wmartin

    Mr Emery sez:
    We are on a blog so keeping it simple is the best way to communicate. Do you really want me to go into great detail of productivity/ wage gaps, import tariffs (there are over 20,000), intercompany transactions, wage and benefit decreases vs government social program increases, and so on.
    I don’t have the time.”….
    Of course not, no one in the world does. The simple fact is that neither you, nor I, nor anyone else can explain why economic times are what they are. Simply listing existing law or handful of gathered statistics does not imply understanding or the ability to predict.
    If your chosen models for explaining the economic interactions in a large nation are so dead on, I would suggest becoming a big-leagues stock market or currency trader. That first billion should come rather easily.

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  33. Mike Thornton Avatar

    I’m sorry, put I just laughed so hard that I almost choked on my coffee!
    The though of a bunch of chickenhawk regressives standing in the WalMart parking lot waiting to battle the US military is too hilarious!!!
    You guys couldn’t deal with the gangbangers in some of the neighborhoods I work in.
    What a joke!

    Like

  34. Bob W Avatar
    Bob W

    I am sorry Mike. I wish I could make some kind of sense out of anything I have seen you post. Maybe some day you will write something that I will comprehend. I am trying believe me! What is it you are trying to convey about your workplace?

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  35. Mike Thornton Avatar

    It’s really simple, Bob.
    Regressives start talking about how they’re going to engage in violence if they don’t get what they want, at the drop of a hat. They talk so tough, but would run like little girls if they ever had to actually back up their bluster.
    These regressives couldn’t fight the guys that walk the streets of the neighborhoods where I work, much less the US military if the government actually ever did try to implement some type of marshal law.
    You guys watch way too much 24!!!

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  36. Bob W Avatar
    Bob W

    Oh My! Now I am embarrassed. I thought you worked at WalMart.

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  37. George Rebane Avatar

    MikeT, who are your “regressives” who promise “to engage in violence if they don’t get what they want, at the drop of a hat.”?

    Like

  38. Brad Croul Avatar
    Brad Croul

    Nobody “likes” to pay taxes, but most people can understand why we have taxes.
    The problem most people have with taxes are the ways in which the money is spent (or wasted). Of course, for some, any tax is too much tax. But those people obviously don’t give a rat’s ass about anybody but themselves and the size of their own bank accounts.
    It is silly to try to make everything about Liberals, Collectivists, Conservatives, or whatever. That banal tactic only serves to divide and conquer, keeping the masses distracted by misdirecting their anger and frustration toward each other while the foxes raid the henhouse.
    Why wouldn’t “big rich businessmen” (at least some of them) want more taxes? All those taxes have to go to somebody. For instance, if you are a Halliburton or Blackwater executive, or higher up in any other company supplying goods and services to the government, more tax dollars results in more money to line your pockets with. As a big wig in one of those corporations why would you mind paying a little higher tax since you are reaping the benefit of the taxes paid by all the other executives and every other schmuck in the land? Everything is golden as long as your lobbyist has the ear of the right congressman or senator.

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  39. George Rebane Avatar

    Speaking of the 2nd Amendment, it seems that Obama and his dirtbags were now the ones who put thousands of guns into the hands of Mexican drug cartels in an operation called ‘Fast and Furious’. The putative intent was to track who got what guns where. It appears that the real reason was to make American gun stores look guilty of this so that more gun control laws could be passed faster. The House Oversight and Government Reform Committee is subpoenaing the DoJ on what really happened. Holder and company are stonewalling in an attempted cover-up. Wonder how this is going play out during the election?
    http://www.foxnews.com/politics/2011/06/13/house-panel-to-weigh-subpoena-authority-in-fast-and-furious-gun-case/

    Like

  40. Scott Obermuller Avatar

    Wow, Mike – you work? What filthy capitalist pig do you grovel under? Details please! As far as the neighborhood you live in – sorry, guess I don’t go there. NRA membership is around 4 million. How many droopy drawers, cap on backwards, 9mmm toting bangers you got? Glad you are amused. I think we are discussing the commies confiscating property. And BTW, most of the military are on our side. Boo-rah! Drop of the hat? We are so far into socialism it isn’t funny and the only violence is on the left. You must of had a hard exhausting day under the thumb of the man and can’t think straight right now. Take a nap and try again later.

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  41. Ben Emery Avatar

    Mickey,
    If you want to call me a bigot because I don’t like a very small segment of the population stripping rights and the ability of 98% of the American workforce to earn a respectable living, go for it if that makes you feel better.

    Like

  42. Brad Croul Avatar
    Brad Croul

    Amazing how Obama is now portrayed here as responsible for a program run by the ATF. As if he, and his all seeing eye, control every task force and operaton in the federal government. Is this yet another attempt to lever that “Great Divide” wider still?
    Kenneth Melson was appointed by Alberto Gonzales to the DOJ in 2007. He is an attorney, not a career politician.

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  43. Ben Emery Avatar

    wmartin,
    You are right that there are many factors in what makes an economy click or not. So the indicators I look for is when the economy was doing well and looking at the policies that were in place.
    From 1940’s to the early 1980’s we had a pretty strong economy. What were the policies that drive an economy. In my opinion 1) money in a majority of the people hands 2) incentives that promote American manufacturing (import tariffs), which leads to number one 3) tax code that allows top 1% to become affluent or rich but at the same time making the incentive to reinvest back into the workers and company which leads to number one 4) this was able to happen because we had a strong unionized work force that had enough influence to push our government to represent the majority of Americans not just those at the top which leads to number one 5) understanding we are the United States of America first and consumers second which leads to number one.
    This is why we had a strong economy and middle class. We have been moving away from these policies for 30 plus years and as we do so we find ourselves deeper and deeper in debt with an economy that only works for a small minority.
    This graph shows a significant change in the 1980’s.
    http://www.usgovernmentspending.com/downchart_gs.php?chart=H0-total&year=1900_2016&units=b
    Obama and the democratic party have continued the same policies that created the problem due to the fact that those who profit off these policies own both major parties.

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  44. Barry Pruett Avatar

    Ben said: “If a person is ‘earning’ $2 million annually that should be enough for any healthy minded person to live a very very comfortable lifestyle. Having to have more money than that raises some red flags.”
    First question, what is with the parenthesis? Are you trying to imply that someone who makes $2 million annually does not earn their money?
    Second question, who appointed you God or jury to determine and dictate how much money people are allowed to make? I enjoy reading these comments and try to admire from a far, but damn Ben, that is the most socialist thing I have heard from you.

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  45. Ben Emery Avatar

    George,
    The labor I speak of the ones who made your clothes, built your house and milled the lumber, harvested the material for the sheets on your bed, tune up your car, pave the roads you drive on, put out the fires on your house or in your near by forest, ect.. Your disregard for labor is astonishing.
    In your Utopian world who does the actual work? Who goes into the mines to get black lung disease so you can burn your coal?

    Like

  46. Scott Obermuller Avatar

    Ben – we had a pretty good economy from the 40s through the 80s because from the 40s through about 45 we and everyone else with the capability was bombing the crap out of anyone else that had the capability of producing anything beyond a bobby pin. We came out of the war with: an intact and booming production capacity, absolutely no regard for civil rights, the environment or any one to get in the way of production. It was a Democrat (Truman) that sent in the troops to break the unions at the steel mills. Compare that to what is going on in Minnesota. Going into the 50s the auto workers had a complete monopoly on the car industry and their wages did go way up, but look what that has brought them now. I have to laugh at your assessment that Obama as an extension of everyone else. How many trillions did Reagan give to wall street? None! Barry is printing it as fast as he can and handing it to the same folks he bad mouths. And the left laps it up.

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  47. Ben Emery Avatar

    Barry,
    When did I say they couldn’t earn a billion dollars? They will just get taxed at a higher rate after $2million and it is their choice to reinvest or pay a high tax rate on that money.

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  48. Ben Emery Avatar

    Bob,
    Wages equal demand buy the purchasing power by a majority of Americans having money in their pockets.
    Productivity equal supply due the increase in demand. Only demand creates sustainable jobs. When money is consolidated in a small few overall demand goes down.
    Over the last three decades 80% of economic gains went to the top 1% and we see the type of economy that results from these policies.
    http://www.stateofworkingamerica.org/charts/view/146

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  49. Todd Juvinall Avatar
    Todd Juvinall

    Ben, reading your socialist screeds here begs the question. How much should every American get if you think the top 1% has most of the money? What is that take home number that would make you ecstatic? I guess I just don’t get a leftwinger’s thought process when it comes to this. So, if two million is a “red flag” then what is $100,000″ Or $250,000? Please tell us all what the proper number of dollars a person can earn before they get on your hate list.

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