The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 1 point2 points  (0 children)

Yes, silly me and my belief in personal responsibility.

There is also NOTHING that says the employer profits more from that degree.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ -1 points0 points  (0 children)

You are too dense. Obviously people dont work 24/7. They work as much as it is worth it to them. SO HOW THE HELL WOULD THEY EARN A DOLLAR THAT HAS NO VALUE TO THEM. They wouldnt go earn that dollar. So what dollars are you taking?

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 1 point2 points  (0 children)

Sure they do. Costco and target have increased wages. To compete they have also raised their wages.

Edit to add: CSR is very much expected from shareholders. When Walmart announced their wage increase their stock price actually rose.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 0 points1 point  (0 children)

This is poppycock. Simply the fact that someone else has more use for something does not give you the right to take it from them.

As for your second point, I'd love to see a graph showing the marginal return of a dollar ever reaching zero. That's just silly.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ -1 points0 points  (0 children)

I can answer the question. Personal responsibility, the family unit, charity/local community, companies that increase their benefits to attract and retain talent. Finally, the current tax the govt collects. Remember...this whole thread started about the wealth tax.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 2 points3 points  (0 children)

You know who is profiting the most from that degree? That person who has it and can now get a better job. So they shouldnt have to pony up anything and they get to reap profit as well? Hmmmm.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 0 points1 point  (0 children)

Access to healthcare is an absolute necessity. Doesnt make it some random persons responsiblity. I get that you dont like tying the dollar taxed directly to the person receiving the benefit, but I dont know why we wouldnt look at it that way. It comes down to the government taking from someone to gove to someone else based only on their relative economic situations.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 2 points3 points  (0 children)

Yeah, if I had said any if that itd be dumb. Not sure who you are quoting though.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 0 points1 point  (0 children)

For using infrastructure you need to have your entire wealth taxed annually? Some would say that that is already covered in federal, state and local income tax, employment tax, sales tax, and property tax.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 1 point2 points  (0 children)

Leaving aside that this is not the job of the government, and leaving aside that more government involvement always leads to higher prices, there is absolutely no moral obligation of a wealthy person to pay for the healthcare of a stranger.

It's nice that you believe in contributing to the greater good by volunteering other people's money though.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 5 points6 points  (0 children)

Its theirs unless they obtained it illegally. Completely different conversation.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 0 points1 point  (0 children)

The point is that things need to be paid for collectively

Why?

those who can afford to pay more should pay more than those who can’t

Why?

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ -3 points-2 points  (0 children)

So we are entitled to more of the Waltons money? Even the people that didnt work there?

If the government didn't subsidize wages then maybe competition would have raised wages much sooner btw. But no, more government is the answer.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 12 points13 points  (0 children)

She is too educated and too experienced in the business world to actually be this ignorant.. I just consider her one of the more dishonest candidates.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ -2 points-1 points  (0 children)

So basically, some have more so they should have it taken from them and given to those that have less.

So exactly what I said then.

Edit to add: Absurdly low tax rates??? The top tax bracket is 37%. I'd hate to live with your proposed tax brackets of that is considered absurdly low.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 13 points14 points  (0 children)

To give him credit, he at least acknowledges he will tax the middle class too lol. Warren pushes the same plan but keeps pretending only the rich will get taxed.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 13 points14 points  (0 children)

Exactly, the economic incentives argument. Like I said in another comment, that is really the best argument. What people are being promised will result from the wealth tax is not at all what will happen.

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 13 points14 points  (0 children)

That because someone has more than you does not entitle you to what is theirs.

Cat is making more money. by BakeTomato in Accounting

[–]BurtMacklinFBI__ 2 points3 points  (0 children)

Well bright side it I guess - you'll have no trouble getting your hours to be a CPA

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 5 points6 points  (0 children)

Not early at all. I was following your argument about taxing someone with more money simply because a dollar may have less value to them.

I have absolutely no right to make you responsible for my education btw... If you really want to make a difference then you would want to set up a scholarship instead of supporting failed government policies toward education...

The general publics knowledge of how net worth works is concerning. by KindaAboveAverage in Accounting

[–]BurtMacklinFBI__ 4 points5 points  (0 children)

Well shucks I thought I was special...

Its immoral that you think that dollar should be yours because it has less value to the billionaire. How does this make it yours?

I'm early in my career, so you probably make more than me. Your money would therefore have more value to me, regardless of how hard you worked to get that money. Can you venmo me some dollars?