(03-28-2022 07:05 PM)RiceLad15 Wrote:  An amazing lack of insight into items associated with income and gains… *******, we haven’t even talked about them. This is another perfect example of how pompous the conservative posters on here are about their own self-inflated sense of intelligence and how [/b]quickly they’re willing to insult others’ intelligence.[/b] Look at this post, Owl#’s, and Ham’s frequent name calling.

For those keeping count, that's seven snide remarks/personal attacks in one paragraph. I think we are all intelligent here, and if it will make anybody happy, I will be glad to assume the mantle of the dumbest. Probably fits, anyway.

Lad is willing to argue law with lawyers, so I am pretty sure he thinks he is pretty smart. I sure would not venture to do that. I also would not argue engineering with him or any other engineering grad here. And what I know about economic theory is very limited.

But I have something that Lad lacks, and that is real world experience in founding and running businesses. I think people who work for a paycheck have a very different perspective than those who provide the money for those paychecks. My employees used to sleep peacefully on Thursday nights, know that their paycheck would be there on Friday, while I used to toss and turn on Wednesday nights, wondering how I was going to make that happen this week.

That is a useful distinction in this discussion, because most of the people who support a tax the rich solution have no idea of what the boss goes through, and don't care, as long as that paycheck keeps coming every Friday.

Take more money from the boss, and he has less to do to the things he wants to do, or needs to do, or has to do. Take money from the boss, and it is just harder to meet that payroll, so maybe he let's a couple of guys go, or freezes hiring. Maybe he decides to not add another branch, or spend the money for new product research, or fund pensions more fully. The leftist general attitude is that the rich are an inexhaustible supply of free money, and taking more from this fountain of wealth will have zero effect.

Most tax the rich proponents are not rich. they see themselves as French peasants in 1793, and the wealthy as titled aristocrats. Most of them think income is what is listed in their W-2. But there is a world of difference, a world they know nothing of. Ask them to define "millionaire', and most will say a person with a million dollars of income, but a billionaire is somebody with a lot things they own.

A balanced, healthy economy is like a balanced healthy ecology - it takes all kinds. You cannot tax the rich into oblivion any more than you can kill all the wolves.

Quote:We don’t even get deep enough into these topics to know what kind of insight either of us actually have, because this message board devolved into **** so quickly.

And that is because somebody always runs away in a huff or derails the conversation from taxes to being polite to certain subgroups.