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Thread: Supply side economics is an epic failure for 99%

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    Top 1 percents income fell 17 percent in the recession to 950,000 which is 1990's levels.
    Ok I deserved to be mocked by legion, 131 is not a dingleberry on 950,000.
    Chris: I volunteered. I dropped out of college, told 'em I wanted the infantry, combat, Vietnam.
    Crawford: You volunteered for this shit, man?
    C Believe that?
    K You's a crazy fucker, giving up college?
    C Didn't make much sense, I wasn't learning anything
    k Oh, I see, what we got here is a crusader.
    C Sounds like it.
    K Shiiit, you gotta be rich in the first place to think like that. Ever'body know, the poor are always being fucked over by the rich. Always have, always will.

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    Quote Originally Posted by apple0154 View Post
    You posed an extreme scenario and I gave you an example. Why wouldn't someone work one hour a month for $10,000 even if they had to pay 90% tax. They'd still earn $1,000 for the hour. If they earned $100,000 for the hour they could pay 99% tax and earn $1,000. As I said earlier it depends on the job.
    Your silly scenario is missing the only really important variable, the amount of investment required. And here you are making pronouncements about the feasability of a business, without the information neccesary to even calculate a return on investment. Believing that the type of work involved is the only determining factor. ABSURD

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    Quote Originally Posted by dixon76710 View Post
    Your silly scenario is missing the only really important variable, the amount of investment required. And here you are making pronouncements about the feasability of a business, without the information neccesary to even calculate a return on investment. Believing that the type of work involved is the only determining factor. ABSURD
    There's nothing absurd about it.

    America's highest paid executive took home more than $145.2 million. If we take the standard 2080 hours/yr. (52 weeks X 40 hrs.) that’s $72, 500 per hour. That's what the company paid him.
    http://www.guardian.co.uk/business/2...?newsfeed=true

    If he was taxed at 90% he'd still take home $7,250 an hour.
    "May your reality be as pleasant as mine."

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    Quote Originally Posted by dixon76710 View Post
    Your silly scenario is missing the only really important variable, the amount of investment required. And here you are making pronouncements about the feasability of a business, without the information neccesary to even calculate a return on investment. Believing that the type of work involved is the only determining factor. ABSURD
    Does the required investment include taxpayer-funded bailouts?

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