[quote]ZEB wrote:
sasquatch wrote:
Who is curbing incentive. Remeber, we are talking about the very rich. How would people who earn over 1mil be affected by a tax increase of 1%? 5mil=2.5%? 10mil5%? I know that translates to large dollars, but how is their lifestyle impacted? Is it enough to thwart their desire to make 10mil?
Read this very carefully:
"As soon as you take away enough of the incentive to become wealthy people who have an idea to create a product or service and would have started a business will just say…“what’s the point of working hard and giving it all to the government?”
Where does it say anything about a 1% tax hike?
Gee there sasquatch I guess it doesn’t huh?
Your crying like the poor little rich boy you claim not to be.
(And we go deeper-You know where this ends up right?..Okay. Remember when I said I had one good year? Ah never mind. Facts don’t really matter when you want attack someone right? Okay, I’ll retaliate)
And you sound like a guy who just fell off his working class bar stool trying to find all those loopholes that the rich have…But came up short!
(Come on now that had to hurt.)
Look at how the tax burden is falling–your example not mine–it hasn’t stopped people from wanting to earn big$'s. Look at how taxes have increased in the past 20-50 years. Hasn’t stopped many from taking their chances at becoming rich. You need to look at things in all there dimensions, not just from your seemingly narrow view.
(Now I have to do one back at you- Don’t you understand how these fights go?)
And you need a lesson in reading comprehension!
Here is what I said for the second time:
"As soon as you take away enough of the incentive to become wealthy people who have an idea to create a product or service and would have started a business will just say…“what’s the point of working hard and giving it all to the government?”
Now, are you claiming that no matter what the tax hike to the rich that the incentive will never be taken away? NO matter how high the tax rate goes?
How foolish that would be if you are saying that.
(See how I still gave you the benefit of the doubt- I could have stated that much worse. I’m still trying to be somewhat civil…we can still pull this out)
I know if you make it not worth their while they won’t do it.
That is a simple business law. The risk has to be worth the ultimate reward.
Go ask your buddy hspdr…Oh that’s right he wants to tax the top 20% even more since they only pay 80% of the taxes in the US.
Talk to you again soon…(I’m sure)
Make sure that you escalate the name calling and personal attacks. I will do the same and at the end of an additional 6 or 7 more posts each we will have really shown each other!
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I’ll try to answer in a much less condescending manner.
My comprehension skills are fine. I inserted those numbers to ask you "If we asked people making that kind of money to pay a little more, would that be enough to thwart enterprise as you seem to assume. I say that 1-2.5-5% actually affects nothing in their lifestyle. It would not prevent them from taking the risk to accumulate the wealth.
Maybe I didn’t make it clear, but I’m not looking for a fight and that’s how I type my post. If you want to look for things to fight about you’ll find them.
I disagree with your comparison. It matters little though. The fact that you feel you need to go tit-for-tat with every perceived jab is noteworthy. I said you’re crying like a little rich boy. That’s a fairly interpretable/generic type of behavior. Your shot, of course, attempts to belittle me personally, which is cheap.
I never suggested that you could tax 100% and not lose incentive. I suggested we haven’t reached that point yet as my examples show. We have dramativcally increased that amount and as yet no shortage of risk-takers.
I’ve escalated nothin nor called you any names. Nice try though

