Public versus private goods in a microeconomic textbook. An economics definition.
http://www.tutor2u.net/economics/revision-notes/as-marketfailure-public-private-goods.html
Push harder I am not in a debate with you. This is what is taught in micro-economics. Thats it thats all.
“Politically aware biff Tannen.”
I’m dying right now.
This is in every micro-economics textbook since 2000. Did you read the link I sent?
Your 100% right and thats exactly what I was saying. The people who pay for government with there taxes own the government but own it equally. No one is excluded from owning a piece of government thus it is non excludable. A private good is excludable and your private ownership of your car excludes others from owning it. Government is non rival meaning everyone has to go to the government for there licenses because there is no rival license provider. In a free market economy there is plenty of sellers marketing the same good thus the good is rival as I can go to another provider for that private good. I cannot go to a rival DMV for a license I can only go to my government run DMV for the public good they produce which is my license.
[quote]nickj_777 wrote:
Your 100% right and thats exactly what I was saying. The people who pay for government with there taxes own the government but own it equally.[/quote]
What about the ones who are paid more by the government than they pay the government?
[quote]Sloth wrote:
[quote]nickj_777 wrote:
Your 100% right and thats exactly what I was saying. The people who pay for government with there taxes own the government but own it equally.[/quote]
What about the ones who are paid more by the government than they pay the government?
[/quote]
That is a good point and refers to the free rider problem inherent with any public good government produces. Equal ownership does not guarantee or prevent abuses on the system. There will always be those who never abuse the system and the system is there because of them and there will always be those who abuse the system who ruin it for others.
Think about a public good this way. A state protected park is a public good. It is a good for all to enjoy. I cannot exclude you from enjoying the park and we are not competing to consume the park. The park becomes a private good once private ownership occurs and I who now own the park can exclude you from enjoying it. My private consumption of the park and its beauty now reduced the park for everyone to enjoy.
[quote]VTBalla34 wrote:
[quote]MaximusB wrote:
[quote]VTBalla34 wrote:
[quote]usmccds423 wrote:
[quote]VTBalla34 wrote:
[quote]usmccds423 wrote:
So $175K a year and a pension for life, doesn’t equal rich? For part time work not less, interesting.
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Maybe in your book, not in mine. Middle class according to both sides’ tax plans. Upper middle class, sure.
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That’s 3x median Household income according to the last census. I think upper middle class people are by definition, rich. They just aren’t the most rich. [/quote]
Ok that’s cool man, if your end game is $175k/year to make yourself feel rich that’s fine, but you don’t get to pick and choose your own definition of rich based on your own current salary and ambitions.
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Why don’t you write a check to the Treasury if you are so hell bent on raising taxes on the rich? No one is stopping you.
You are rich because your income defines you as rich by the IRS. [/quote]
LOL ohh yes, the Buffet argument. The thought process that one little drop makes a difference and will set the world free.
Quality posts Maximus, you are a true scholar. 15,000+ posts, mostly in the off topic forums, mostly along this same vane. hahah…too funny
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If you have never voluntarily paid more taxes than you were forced to, you are not in favor of higher taxes. If you claim to want higher taxes and have not done this, you are a hypocritical piece of trash. Much like Buffet.
[quote]DoubleDuce wrote:
If you have never voluntarily paid more taxes than you were forced to, you are not in favor of higher taxes. If you claim to want higher taxes and have not done this, you are a hypocritical piece of trash. Much like Buffet.[/quote]
I tend to agree with this.
It is much in line with the people who want to remove the tax exempt/charitable status from churches, and don’t provide assistance to the needy themselves.
The simple fact is both higher taxes and charitable donations are awful wealth management tools. Taxes for obvious reasons, and donations because you end up spending more. You give to charity because you want to, not for the tax benefit. And if you want your neighbor to pay more taxes, you should be willing to step up to the plate as well.
[quote]nickj_777 wrote:
semantics[/quote]
I was taught in microecon to say it like “goods and services”
Also “needs, wants and desires”
Words (with different meanings) were lumped into a single concept to help prevent any semantic issues.
It worked in the classroom because you create a ‘new’ concept that you get used to - but it doesn’t make sense in a stricter way, if I didn’t already have an idea of where you’re coming from.
[quote]DoubleDuce wrote:
If you have never voluntarily paid more taxes than you were forced to, you are not in favor of higher taxes.
If you claim to want higher taxes and have not done this, you are a hypocritical piece of trash. Much like Buffet.[/quote]
Nonsense. Certain ideas have a critical mass. An extra $1k from me in taxes is meaningless. An extra $1k from 10 million of us on the other hand… well that can be useful.
[quote]phaethon wrote:
[quote]DoubleDuce wrote:
If you have never voluntarily paid more taxes than you were forced to, you are not in favor of higher taxes.
If you claim to want higher taxes and have not done this, you are a hypocritical piece of trash. Much like Buffet.[/quote]
Nonsense. Certain ideas have a critical mass. An extra $1k from me in taxes is meaningless. An extra $1k from 10 million of us on the other hand… well that can be useful.[/quote]
okay. Then one person, like me, not paying your tax increase will have no effect on your goal either. So, I shouldn’t have to.
Every 1000 dollars means as much to the budget as every other 1000 dollars. It is a continuum.
If you aren’t willing to first volunteer your money, and you come to my house and demand I pay, you deserve a shotgun barrel in your face.
Besides if all the tiny dick, big idea, no action, liberals I’ve heard claim to want higher taxes, paid the extra they say they should, you’d have millions of people paying extra. But not a damn one ever does, because they are all a bunch of pussies that love to tell others what to do, but don’t have the balls to do anything themselves.
I personally will keep giving my extra money to a place that does good, charity.
Besides buffet where are these people that want to pay more taxes? I don’t know any.