Please Excuse This Interruption of Your Gun Porn

Shy Guy said:
It's exactly what it sounds like.

Sometimes it's written such that only x% of revenues can go towards executive salaries. In other cases wage rations are used so, if x is the lowest wage, the highest wage can only be x:6(or whatever number is chosen).
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So if a janitor at Coca Cola makes $40k the CEO would only make $240k? That would work well. Even if you adjusted the number to 25... that would be $1mm for the CEO.

I think the % of revenue would be the better formula of the two.
 
We talk about government control, but once upon a time there was this corporation that told their subcontractors they wanted to review their books before renewing contracts with them. If they wanted to do business with said oil, I mean corporation they would have to limit their profits. They could only charge the oil company 10% over their costs.

I was flabbergasted!

True story
 
Thing1 said:
You're talking about it like it hits people and lower & middle income levels. It doesn't - it's a tax on wealthy estates. If it is eliminated, America will drift even further & further into the kind of aristocracy based on inherited wealth that the founders hoped to avoid.
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America will drift further and further into some people having money.

This is ironic considering that its normally the Righties quoting bible doctrine but it does seem like the left is pushing for "money is the root of all evil" doctrine here.

If it's immoral to do to the poor, it's immoral to do to the rich. That's why we charge somebody with a crime and not a victim. Killing a 20 year old is as criminal as killing an 80 year old.
 
Superfreak said:
The estate tax only hits those with $5mm or more in total assets. Those are individuals who have been allowed to pay 15-20% in taxes on capital gains for the better part of two decades. We either treat all income the same or we have them pay after they are gone.
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I have no problem treating everyone the same, I love treating everyone the same. But saying "we have to do this to even it out" is not acceptable. It's akin to not having some people obey parking laws, but then keying their car afterward. Or if you like hyperbole, it's like letting people do as many drugs as they like, and then shooting them.
 
Superfreak said:
So if a janitor at Coca Cola makes $40k the CEO would only make $240k? That would work well. Even if you adjusted the number to 25... that would be $1mm for the CEO.

I think the % of revenue would be the better formula of the two.
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I agree with you this time. As far as I know, wage rations has only really only worked in the Spanish Cooperative Mondragon, where division of labor doesn't exist to the extent it does in a vertically managed institution.
 
Thing1 said:
The whole system is really fixed in favor of the wealthy at this point. Education, healthcare, political influence - the working poor and middle class are losing ground at every turn.

There is an interesting sci-fi flick coming out this year called "Elysium" (love sci-fi), where the earth is almost uninhabitable and basically just made up of slums. The very wealthy have their own massive, luxury space station, and the rest live on an overpopulated, slummy planet. Pretty plausible future given the trends, imo.

Can't wait.
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The Cloud Minders and the poor are the Troglytes.

 
Shy Guy said:
Which is why we need to expand opportunities for students. Not to oversimplify the issue, but the cost education is one of the major enforcers of class disparity - we as a country desperately need European style free higher education.

indicators_fig3.jpg

http://cadmusjournal.org/article/is...-progress-power-measurement-and-human-welfare

Education.png

http://www.belowyourmeans.com/2011/05/education-the-next-bubble-to-pop.html
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I have been a fan of the European education system for a long time, German especially.
 
Threedee said:
We can sit here and talk about reforming public education all we want. It is never going to improve. It is never going to be anywhere close to what a good private prep school has to offer, and generally all other private schools as well. It has nothing to do with the teachers, administration, or even budget shortfalls, and everything to do with the children we are producing and raising. The gap is going to continue to grow as a consequence.
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I would really like to talk to you in 20 years.
 
Rana said:
I have been a fan of the European education system for a long time, German especially.
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The German tax brackets are also nicely done. They tax accordingly and put the revenues to good use. It's wonderful to see a plan to combat class in action.
 
Shy Guy said:
Which is why we need to expand opportunities for students. Not to oversimplify the issue, but the cost education is one of the major enforcers of class disparity - we as a country desperately need European style free higher education.

indicators_fig3.jpg

http://cadmusjournal.org/article/is...-progress-power-measurement-and-human-welfare

Education.png

http://www.belowyourmeans.com/2011/05/education-the-next-bubble-to-pop.html
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Ever lived in Europe?
Many are automatically denied acces to higher education because they are not " college material"
These decisions are based on their social and economic backgrounds.

Wealth decides who gets into college in Europe far more than in the USA.

Admittedly, Eire is merit based , but then again Eire is completely bankrupt despite an overall tax burden of 75% or higher.
 
007 said:
Ever lived in Europe?
Many are automatically denied acces to higher education because they are not " college material"
These decisions are based on their social and economic backgrounds.

Wealth decides who gets into college in Europe far more than in the USA.

Admittedly, Eire is merit based , but then again Eire is completely bankrupt despite an overall tax burden of 75% or higher.
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Could you provide links to support any of this? :rolleyes:
 
Disillusioned said:
I have no problem treating everyone the same, I love treating everyone the same. But saying "we have to do this to even it out" is not acceptable. It's akin to not having some people obey parking laws, but then keying their car afterward. Or if you like hyperbole, it's like letting people do as many drugs as they like, and then shooting them.
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No, its saying, everyone pays a tax on income, you can either pay it as you go or your heirs can pay it after you depart... either way, the taxes are collected.
 
Superfreak said:
Obviously I agree with most of that, but you have to have the standard deduction at a level to protect the low and low middle income families to a large degree.
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This makes too much sense, our legislators can't understand things that make sense.
 
Superfreak said:
No, its saying, everyone pays a tax on income, you can either pay it as you go or your heirs can pay it after you depart... either way, the taxes are collected.
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The only way to treat people the same, is to treat them the same. This is treating them differently and just calling it "justice".
 
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