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Old 10-27-2008, 17:16   #1
kat1950
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Redistribution

Taken directly from another post..


I heard someone say, “Poor people have been voting for democrats for 40 years - and they're still poor.”

Yesterday on my way to lunch I passed a homeless guy with a sign that read 'Vote Obama, I need the money.' I laughed.

Once in the restaurant my server had on an 'Obama 08' tie, again I laughed as he had given away his political preference -- just imagine the coincidence.


When the bill came I decided not to tip the server and explained to him that I was exploring the Obama redistribution of wealth concept. He stood there in disbelief while I told him that I was going to redistribute his tip to someone who I deemed more in need--the homeless guy outside. The server angrily stormed from my sight.


I went outside, gave the homeless guy $10 and told him to thank the server inside as I've decided he could use the money more. The homeless guy was grateful.


At the end of my rather unscientific redistribution experiment I realized the homeless guy was grateful for the money he did not earn, but the waiter was pretty angry that I gave away the money he did earn even though the actual recipient deserved money more.


I guess redistribution of wealth is an easier thing to swallow in concept than in practical application.

Last edited by kat1950; 10-27-2008 at 17:18..
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Old 10-27-2008, 18:01   #2
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redistribution

Great post and so much truth. Obama's redistribution concept just ensures the votes of more mindless sheep.
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Old 10-31-2008, 21:21   #3
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Nothing like a little hands on experience to make someone understand
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Old 11-01-2008, 18:56   #4
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Ok, all you Obama supports out there with kids....take 1/3 of the candy your kids got last night by walking the streets and making an effort, and give to the lazy good for nothings that want candy but wouldn't go get their own last night.

Redistribution. Sounds great
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Old 11-02-2008, 10:22   #5
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Great experiment!
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Old 11-16-2008, 00:04   #6
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Americans have for years, hated the thought of socialism and redistribution of wealth. What Obama means by spreading the wealth is for more people to have $ and not just a small sect of the American population.
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Old 11-16-2008, 03:40   #7
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Note that those claiming to "spread the wealth" inevitably end up spreading the poverty and misery.
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Old 11-16-2008, 16:12   #8
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Quote:
Originally Posted by meshmdz View Post
Americans have for years, hated the thought of socialism and redistribution of wealth. What Obama means by spreading the wealth is for more people to have $ and not just a small sect of the American population.
What obama plans to do is tax people over $250,000 gross(including small business owners) and take their hard earned money and give MORE MONEY to the people who don't work who are already sucking up resources on wellfare and hand outs. Middle working class people aren't going to see any of the tax cuts or benefits from any of this and you know damn well that the big companies are going to find loop holes and get out of it as usual.

He says we are going to crack down on these big companies and wasteful spending and yet there is a bill coming up to BAIL OUT GM. Billions more $ for nothing. Lets start cutting the fat at washington and the spending there before we put small businesses out on their ass and giving more hand outs to the lazy and unmotivated. Just my opinion.

Also, now that BO is making more than $250k, will he be participating in the share the wealth campaign? just wondering
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Old 11-17-2008, 22:03   #9
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Quote:
Originally Posted by farnhamj View Post
What obama plans to do is tax people over $250,000 gross(including small business owners) and take their hard earned money and give MORE MONEY to the people who don't work who are already sucking up resources on wellfare and hand outs. Middle working class people aren't going to see any of the tax cuts or benefits from any of this and you know damn well that the big companies are going to find loop holes and get out of it as usual.

He says we are going to crack down on these big companies and wasteful spending and yet there is a bill coming up to BAIL OUT GM. Billions more $ for nothing. Lets start cutting the fat at washington and the spending there before we put small businesses out on their ass and giving more hand outs to the lazy and unmotivated. Just my opinion.

Also, now that BO is making more than $250k, will he be participating in the share the wealth campaign? just wondering
You are right on 2 counts.

1. middle class americans will NOT see a tax reduction. President Obama never said so... he said your taxes wont go UP and they wont under his plan.
if you make more than $200,000 and less than $250,000 - you will get money back. if yo umake MORE then $250,000 - you WILL pay more. as you should.
2. yes, President Obama will be paying more taxes as his salary will be $250,000 a year.

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Old 11-17-2008, 23:23   #10
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My guess here is that very, very few people on this board will get a tax increase. I can't imagine that very many of us make over 250K a year taxable income. I also don't see the harm in helping people in need. I have a MA in counseling and actually have seen tax payers dollars do good. I have seen children that would have likely become a huge drain on the economy (ie:jail) learn how to become productive members of society. Sure you can find people that abuse the system. That does not mean we should give up. If we give up the problem becomes worse not better. My wife talked to a Social Worker in Virginia today who she had not spoken with in 3 years. She said the foster care caseload for the city is down to 100 from the 250 that it was 3 years ago. It was due to prevention and education. We pay now or pay latter. Thats the reality. When you watch kids fail in foster care, fail in school, and then wind up in jail or dead you might feel different. I have many stories of the dead parents/children and the incarcerated for life that we now get to pay for. Some would have lost no matter what but many could have been saved. Never mind the people they killed and the families that effected. Ah, what do I know. I just seen it with my own eyes.

I got out of the field because I got abused daily by people who only wanted to "cut" funding. Basically, it sucked other then I really did get to help save people families from very difficult times.
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Old 11-18-2008, 19:56   #11
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CO4wheel - very interesting posting. thank you for your service to our communities.
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Old 11-20-2008, 01:09   #12
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Quote:
Originally Posted by meshmdz View Post
You are right on 2 counts.

1. middle class americans will NOT see a tax reduction. President Obama never said so... he said your taxes wont go UP and they wont under his plan.
if you make more than $200,000 and less than $250,000 - you will get money back. if yo umake MORE then $250,000 - you WILL pay more. as you should.
2. yes, President Obama will be paying more taxes as his salary will be $250,000 a year.

Do you feel sorry for the mom and pop companied that make $250k to $1M. I really think that this is going to put alot of them out of business while the milti-million/billion dollar companies are going to find the loop holes and escape yet again.

Your opinion on this?
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Old 11-20-2008, 16:06   #13
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I hope he make the Bush Tax Cuts permament, because when they expire in January, MY TAXES ARE GOING TO GO UP ... YOU MORONS, and so will yours.
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Old 11-20-2008, 16:34   #14
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Quote:
Originally Posted by farnhamj View Post
Do you feel sorry for the mom and pop companied that make $250k to $1M. I really think that this is going to put alot of them out of business while the milti-million/billion dollar companies are going to find the loop holes and escape yet again.

Your opinion on this?
Become a S-Corp. Then the only taxes you pay is on the Money you pull out and put into your own pocket. I don't feel sorry for anyone putting 250K into their own bank account.
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Old 11-21-2008, 08:54   #15
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Quote:
Originally Posted by farnhamj View Post
Do you feel sorry for the mom and pop companied that make $250k to $1M. I really think that this is going to put alot of them out of business while the milti-million/billion dollar companies are going to find the loop holes and escape yet again.

Your opinion on this?
I agree with you on this farnhamj! A liberal and a conservative finding some common ground. My thoughts are as follows... I think you are right in your posting, however, I also think that there needs to be some reform in reference to the matter you are talking about... to prevent things like this from happening and from big CORPS taking advantage of this via loopholes. Loopholes need to be closed so big corps dont get out scott-free and mom and pop barely into the 250k range dont get nailed.
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Old 11-21-2008, 09:46   #16
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Quote:
Originally Posted by meshmdz View Post
I also think that there needs to be some reform in reference to the matter you are talking about... to prevent things like this from happening and from big CORPS taking advantage of this via loopholes.
Thats what Obama was talking about in his debates.
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Old 11-21-2008, 12:35   #17
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if this was at a coffe shop in florida, small world
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Old 11-21-2008, 13:33   #18
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Well let me tell you guys what a small business that falls in the parameter will do, out of 10 employees, 3 will lose their jobs, the other 7 will have to perform the work of 10, with the money I save on workmens comp, matching FICA, unemployment tax,liability insurance, I will keep the extra money I will now owe in extra tax, the people in this tax bracket will never take home less money, believe me on this, I have had to do this twice in 35 years in business.The working man will always lose, plus being unemployed.

Obama better be prepared to print allot of money to compensate all those unemployed people , and the economy will fall further into recession and most probably a depression.

Look at the stock market right now,long haul big money selling, we are not going to take the hit on a capital gains tax.


We are in for a very rough four years, more so for the working man, than the so called rich.

Last edited by kat1950; 11-21-2008 at 13:38..
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Old 11-21-2008, 14:21   #19
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Originally Posted by kat1950 View Post
Well let me tell you guys what a small business that falls in the parameter will do, out of 10 employees, 3 will lose their jobs,
Lets say each employee cost about 20K in salary. Then they are actually costing you 30K once you add in all the basic cost of a typical employee. So you are saying that his tax increase is going to cost you so much that you have to trim $90K from you budget. I just don't see that at all.
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Old 11-21-2008, 15:59   #20
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You bet. around 75,000. I have to figure everything including a 10 to 15 per cent raise in Capitol Gains, and any liabilities from his Administration over and above the current Administration. With a 20 per cent buffer added. Plus a little bonus at the end of the year to keep those 7 people happy.


In the long run the 7 men are going to be doing the work of 10, any extra money made, can be considered greed or the way we put it " good business".


This might seem cruel, but that's what business is all about, MONEY, if people understand that, and no worker ever got paid by a poor man, and it is the business mans goal to make as much money as possible, then they have the knowledge to make decisions with their minds instead of their emotions.

Last edited by kat1950; 11-21-2008 at 17:08..
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