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Getbig Main Boards => Gossip & Opinions => Topic started by: theworm on March 20, 2009, 02:04:05 PM
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is comming, so I thought I would explain how "taxes" work in the US.
Tax system explained in terms of beer - to make it more manageable
Suppose that every day, ten men go out for beer and the bill for all
ten comes to $100. If they paid their bill the way we pay our taxes,
it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
So, that's what they decided to do. The ten men drank in the bar every
day and seemed quite happy with the arrangement, until one day, the
owner threw them a curve. "Since you are all such good customers," he
said, "I'm going to reduce t he cost of your daily beer by $20.
"Drinks for the ten now cost just $80.
The group still wanted to pay their bill the way we pay our taxes, so
the first four men were unaffected. They would still drink for free.
But what about the other six men - the paying customers? How could
they divide the $20 windfall so that everyone would get his 'fair
share?'
They realized that $20 divided by six is $3.33. But if they
subtracted that from everybody's share, then the fifth man and the
sixth man would each end up being paid to drink his beer. So, the bar
owner suggested that it would be fair to reduce each man's bill by
roughly the same amount, and he proceeded to work out the amounts each
should pay.
And so
The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 ( 22% savings).
The tenth now paid $49 instead of $59 (16% savings).
Each of the six was better off than before. And the first four
continued to drink for free. But once outside the restaurant, the men
began to compare their savings.
"I only got a dollar out of the $20,"declared the sixth man. He
pointed to the tenth man," but he got $10!"
"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar,
too. It's unfair that he got ten times more than I!"
"That's true!!" shouted the seventh man. "Why should he get $10 back w
hen I got only two? The wealthy get all the breaks!"
"Wait a minute," yelled the first four men in unison. "We didn't get
anything at all. The system exploits the poor!"
The nine men surrounded the tenth and beat him up. The next night the
tenth man didn't show up for drinks, so the nine sat down and had
beers without him. But when it came time to pay the bill, they
discovered something important. They didn't have enough money between
all of them for even half of the bill!
And that, boys and girls, journalists and college professors, is how
our tax system works. The people who pay the highest taxes get the
most benefit from a tax reduction. Tax them too much, attack them for
being wealthy, and they just may not show up anymore. In fact, they
might start drinking overseas where the atmosphere is somewhat
friendlier.
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dead on.
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I can't for the live of me understand why a person should be punished for making more $$$?
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I can't for the live of me understand why a person should be punished for making more $$$?
thats america for you. someone's got to feed all the welfare babies, right?
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''The laws of capitalism, blind and invisible to the majority, act upon the individual without his thinking about it. He sees only the vastness of a seemingly infinite horizon before him. That is how it is painted by capitalist propagandists, who purport to draw a lesson from the example of Rockefeller — whether or not it is true — about the possibilities of success. The amount of poverty and suffering required for the emergence of a Rockefeller, and the amount of depravity that the accumulation of a fortune of such magnitude entails, are left out of the picture, and it is not always possible to make the people in general see this.''
Ernesto "CHE " Guevara
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spoken like a true mexican.
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''Capitalism uses force but it also educates the people to its system. Direct propaganda is carried out by those entrusted with explaining the inevitability of class society, either through some theory of divine origin or through a mechanical theory of natural selection. This lulls the masses since they see themselves as being oppressed by an evil against which it is impossible to struggle. Immediately following comes the hope of improvement — and in this, capitalism differed from the preceding caste systems, which offered no possibilities for advancement.''
Ernesto ''CHE'' Guevara
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your bullshit quotes are irrelevant. move on please.
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"Wealth is far from being within the reach of the masses simply through the process of appropriation.''
Ernesto ''CHE'' Guevara
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this "Che" guy seems like a real deuche. "capitalism acts on the blind in an invisible way." blah blah blah. read the tax thing above, then comment.
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"Grass grows in field and is green"
- CHE
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The life of a single human being is worth a million times more than all the property of the richest man on earth.
Ernesto ‘Che’ Guevara
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"Butterflies fly in the wind"
- CHE
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I think Capitalism is the way to go.
Humans are nothing more than Animals, and in a capitalist society (just like the wild) the strong survive and prosper, the weak die off.
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Democracy is not compatible with financial oligarchy, with discrimination against Blacks and outrages by the Ku Klux Klan, or with the persecution that drove scientists like Oppenheimer from their posts, deprived the world for years of the marvelous voice of Paul Robeson, held prisoner in his own country, and sent the Rosenberg's to their deaths against the protests of a shocked world, including the appeals of many governments and of Pope Pius XII.
Democracy cannot consist solely of elections that are nearly always fictitious and managed by rich landowners and professional politicians.
Ernesto ‘Che’ Guevara
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Democracy is not compatible with financial oligarchy, with discrimination against Blacks and outrages by the Ku Klux Klan, or with the persecution that drove scientists like Oppenheimer from their posts, deprived the world for years of the marvelous voice of Paul Robeson, held prisoner in his own country, and sent the Rosenberg's to their deaths against the protests of a shocked world, including the appeals of many governments and of Pope Pius XII.
Democracy cannot consist solely of elections that are nearly always fictitious and managed by rich landowners and professional politicians.
Ernesto ‘Che’ Guevara
Drama queen is the typical liberal. cannot think for himself, must quote other people.
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''Justice remains the tool of a few powerful interests; legal interpretations will continue to be made to suit the convenience of the oppressor powers.''
Ernesto ‘Che’ Guevara
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Democracy is not compatible with financial oligarchy, with discrimination against Blacks and outrages by the Ku Klux Klan, or with the persecution that drove scientists like Oppenheimer from their posts, deprived the world for years of the marvelous voice of Paul Robeson, held prisoner in his own country, and sent the Rosenberg's to their deaths against the protests of a shocked world, including the appeals of many governments and of Pope Pius XII.
Democracy cannot consist solely of elections that are nearly always fictitious and managed by rich landowners and professional politicians.
Ernesto ‘Che’ Guevara
The Rosenberg's were traitors. :-X
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The Rosenberg's were traitors. :-X
ouch. drama queen owned.
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haha brilliant stuff especially in light of our ignorant times of "change"!
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''A common argument from the mouths of capitalist spokespeople, in the ideological struggle against socialism, is that socialism, or the period of building socialism into which we have entered, is characterized by the abolition of the individual for the sake of the state.
The state sometimes makes mistakes. When one of these mistakes occurs, a decline in collective enthusiasm is reflected by a resulting quantitative decrease of the contribution of each individual, each of the elements forming the whole of the masses. Work is so paralysed that insignificant quantities are produced. It is time to make a correction.
A more structured connection with the mass is needed, and we must improve it in the course of the coming years. But as far as initiatives originating in the upper strata of the government are concerned, we are currently utilizing the almost intuitive method of sounding out general reactions to the great problems we confront.
I think the place to start is to recognize the individual's quality of incompleteness, of being an unfinished product. The vestiges of the past are brought into the present in one's consciousness, and a continual labor is necessary to eradicate them''.
Ernesto ‘Che’ Guevara
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''A common argument from the mouths of capitalist spokespeople, in the ideological struggle against socialism, is that socialism, or the period of building socialism into which we have entered, is characterized by the abolition of the individual for the sake of the state.
The state sometimes makes mistakes. When one of these mistakes occurs, a decline in collective enthusiasm is reflected by a resulting quantitative decrease of the contribution of each individual, each of the elements forming the whole of the masses. Work is so paralysed that insignificant quantities are produced. It is time to make a correction.
A more structured connection with the mass is needed, and we must improve it in the course of the coming years. But as far as initiatives originating in the upper strata of the government are concerned, we are currently utilizing the almost intuitive method of sounding out general reactions to the great problems we confront.
I think the place to start is to recognize the individual's quality of incompleteness, of being an unfinished product. The vestiges of the past are brought into the present in one's consciousness, and a continual labor is necessary to eradicate them''.
Ernesto ‘Che’ Guevara
Yeah, his system has worked so well that Cubans are still, after 45 years, risking their life to come to the U.S. Ask some of the Cubans who came over in the 60's how great Che and his communist ideas were. Why is it Castro never let people leave there and they had to flee in rafts secretly. It's a flawed system that says that a lazy, un motivated person is entitled to the same reward as a hard working, goal oriented person.
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I think Capitalism is the way to go.
Humans are nothing more than Animals, and in a capitalist society (just like the wild) the strong survive and prosper, the weak die off.
not anymore. now we all pay for the weak to keep them alive until we're all equally poor.
go president Negro! fucking idiot.
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not anymore. now we all pay for the weak to keep them alive until we're all equally poor.
go president Negro! fucking idiot.
Yep :-X
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Uh...
(http://media-files.gather.com/images/d782/d572/d745/d224/d96/f3/)
Just a Historical Note......Whenever the top earners have been taxed the highest, for instance under Eisenhower, the United States has been the most economically prosperous.
Note the low taxation during Hoover.
Also Note that Obama`s tax plan is not much different at all from Bush`s tax plan.
2003 -2009 Bush Tax Brackets 2010 Obama Tax Brackets
10% 10%
15% 15%
25% 25%
28% 28%
33% 36%
35% 39.6%
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Uh...
(http://media-files.gather.com/images/d782/d572/d745/d224/d96/f3/)
Just a Historical Note......Whenever the top earners have been taxed the highest, for instance under Eisenhower, the United States has been the most economically prosperous.
Note the low taxation during Hoover.
Also Note that Obama`s tax plan is not much different at all from Bush`s tax plan.
2003 -2009 Bush Tax Brackets 2010 Obama Tax Brackets
10% 10%
15% 15%
25% 25%
28% 28%
33% 36%
35% 39.6%
got any corporate tax info on bush vs. obama?
also, government spending under both?
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got any corporate tax info on bush vs. obama?
also, government spending under both?
uh.....
Corporate Tax rate has been the same for years. Also, each state differs on their individual corporate tax rates.
http://www.taxfoundation.org/publications/show/22917.html
Corporate Income Tax Rates--2009, 2008, 2007, 2006, 2005, 2004, 2003
Taxable income over Not over Tax rate
$ 0 $ 50,000 15%
50,000 75,000 25%
75,000 100,000 34%
100,000 335,000 39%
335,000 10,000,000 34%
10,000,000 15,000,000 35%
15,000,000 18,333,333 38%
18,333,333 .......... 35%
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Side note:
France pays lower corporate taxes than the United States.
Side Note 2:
ALL SOCIALIST COUNTRIES PAY LESS CORPORATE TAX THAN THE UNITED STATES HAS EVER PAID!
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Corporate Tax Rates, US vs. Other Free-Market Democracies
Last year the Tax Foundation, a nonpartisan educational organization with a solid reputation for independence and credibility, released a report that compared the tax rates of US corporations (across all 50 states) with 29 other countries that accept the principles of representative democracy and free-market economy (referred to as OCED countries, 30 total). Their study reveals the surprising finding that US companies are already at a significant competitive disadvantage in the world economy.
When compared to other OECD countries:
24 US states have a corporate tax rate higher than top-ranked Japan.
32 states have a corporate tax rate higher than third-ranked Germany.
46 states have a corporate tax rate higher than fourth-ranked Canada.
All 50 states have a corporate tax rate higher than fifth-ranked France.
(The Tax Foundation, 2008)
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is comming, so I thought I would explain how "taxes" work in the US.
Tax system explained in terms of beer - to make it more manageable
Suppose that every day, ten men go out for beer and the bill for all
ten comes to $100. If they paid their bill the way we pay our taxes,
it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
So, that's what they decided to do. The ten men drank in the bar every
day and seemed quite happy with the arrangement, until one day, the
owner threw them a curve. "Since you are all such good customers," he
said, "I'm going to reduce t he cost of your daily beer by $20.
"Drinks for the ten now cost just $80.
The group still wanted to pay their bill the way we pay our taxes, so
the first four men were unaffected. They would still drink for free.
But what about the other six men - the paying customers? How could
they divide the $20 windfall so that everyone would get his 'fair
share?'
They realized that $20 divided by six is $3.33. But if they
subtracted that from everybody's share, then the fifth man and the
sixth man would each end up being paid to drink his beer. So, the bar
owner suggested that it would be fair to reduce each man's bill by
roughly the same amount, and he proceeded to work out the amounts each
should pay.
And so
The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 ( 22% savings).
The tenth now paid $49 instead of $59 (16% savings).
Each of the six was better off than before. And the first four
continued to drink for free. But once outside the restaurant, the men
began to compare their savings.
"I only got a dollar out of the $20,"declared the sixth man. He
pointed to the tenth man," but he got $10!"
"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar,
too. It's unfair that he got ten times more than I!"
"That's true!!" shouted the seventh man. "Why should he get $10 back w
hen I got only two? The wealthy get all the breaks!"
"Wait a minute," yelled the first four men in unison. "We didn't get
anything at all. The system exploits the poor!"
The nine men surrounded the tenth and beat him up. The next night the
tenth man didn't show up for drinks, so the nine sat down and had
beers without him. But when it came time to pay the bill, they
discovered something important. They didn't have enough money between
all of them for even half of the bill!
And that, boys and girls, journalists and college professors, is how
our tax system works. The people who pay the highest taxes get the
most benefit from a tax reduction. Tax them too much, attack them for
being wealthy, and they just may not show up anymore. In fact, they
might start drinking overseas where the atmosphere is somewhat
friendlier.
B.S.
1. No one takes anyone seriously who pays ZERO taxes and complains that tax brakes don't benefit him.
2. The scenario would be a bit better if it was dealing with work levels and earnings. Some asshole CEO who doesn't even break a sweat earns 1,000 times more than some guy who works 10 hours a day and busts his ass each and every day? That is fair?
3. No one says that we should attack the wealthy people and boot them out. It would simply be more fair if they chipped in more to a country and the people that made them rich and pays for their extravagant lifestyles.
And if they want to leave the country because they are being taxed too much (many, in fact, cheat the tax system anyway) then we'll be better off without them. We don't need greedy assholes exploiting us. Even if they provide jobs, abandoning the country that allowed them to do what they did because it expects more taxes from them then other people who can't afford it makes them worth SHIT.
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B.S.
1. No one takes anyone seriously who pays ZERO taxes and complains that tax brakes don't benefit him.
2. The scenario would be a bit better if it was dealing with work levels and earnings. Some asshole CEO who doesn't even break a sweat earns 1,000 times more than some guy who works 10 hours a day and busts his ass each and every day? That is fair?
3. No one says that we should attack the wealthy people and boot them out. It would simply be more fair if they chipped in more to a country and the people that made them rich and pays for their extravagant lifestyles.
And if they want to leave the country because they are being taxed too much (many, in fact, cheat the tax system anyway) then we'll be better off without them. We don't need greedy assholes exploiting us. Even if they provide jobs, abandoning the country that allowed them to do what they did because it expects more taxes from them then other people who can't afford it makes them worth SHIT.
So, old broke and disgruntled huh?
Hard to imagine you're not among the elite with all those 'people skills' you have.
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Complete vitae available online. Contrary to Internet folklore, Dr. Kamerschen is NOT the author of "Tax Cuts: A Simple Lesson in Economics" or “Bar Stool Economics” or anything similar to that. Additionally, he does NOT know who wrote it and he has no opinion on its merits.
DR. DAVID R. KAMERSCHEN is a Distinguished Professor of Economics and holder of the Jasper N. Dorsey Chair at the University of Georgia, Department of Economics, Brooks Hall, Athens, GA 30602-6254, Phone (706) 542-3681; Fax (706) 542-8774 or (706) 542-3376; e-mail davidk@terry.uga.edu. He resides at 3818 Sweet Bottom Drive, Duluth, Georgia 30096-1416, Phone (770) 476-5657; Fax (770) 476-5657; e-mail davidrkamerschen@bellsouth.net. Professor Kamerschen was born in Chicago, Illinois. His education is as follows: B.S. 1959, Miami University, general business; M.A. 1960, Miami University, economics; Ph.D. 1964, Michigan State University, economics. Dr. Kamerschen was a Graduate Assistant and Instructor at Miami University; Assistant Instructor at Michigan State University; Assistant Professor, Washington University; Associate Professor and Professor at the University of Missouri; and, since 1974, has been at the University of Georgia where after serving two terms as Department Head, is currently a Distinguished Professor. He has also acted as visiting professor at L"Universit� Jean Moulin in Lyon, France for four years (1992, 1995, 1997, 2001) at the University of Lodz, in Lodz Poland for one year (1992), and Professor in the University of Georgia Study Abroad Program, University in Avignon France (2001). He is the recipient of the national Outstanding Educator of America award several times and has been selected for a number of the University of Georgia teaching awards.
Professor Kamerschen is the author or editor of 10 different books (some with several different editions). He is the author or coauthor of Intermediate Microeconomic Theory (South-Western, two editions), Principles of Public Utility Rates (PUR, one edition), Economics (Houghton Mifflin, one edition), and Money and Banking (South-Western, six editions). His textbooks have been used at numerous colleges and universities both in the United States and abroad. He has received many comments and suggestions from professors, students, businesspeople, and other users each year which help keep his textbooks current, practical, and realistic as well as theoretically correct.
He has also penned over 200 articles in professional business, economics, financial, legal, and statistical journals including a number on topics in industrial economics, antitrust economics, and regulatory economics. He has served as editor, member of the board of editors, consulting editor, reader for about twenty (20) professional journals.
Dr. Kamerschen is included in such listings as: Personalities of the South; Contemporary Authors; Community Leaders and Noteworthy Americans; Dictionary of International Biography; Who's Who in America; Who's Who in the South and Southwest; International Authors and Writers; Book of Honor; Personalities in America; Two Thousand Notable Americans; The International Who's Who of Contemporary Achievement; Who's Who In Society; and Who's Who in Antitrust Economics, and Who's Who in Economics.
It is particularly noteworthy that Dr. Kamerschen has been selected for inclusion in the first three editions of Who's Who in Economics: A Biographical Dictionary of Major Economists (MIT Press and Edward Elgar Publishing, Limited). This volume includes biographies of the approximately 1000 most cited living economists in the world, as determined by the objective standard of the number of times other scholars cite the research, as monitored by the independent Social Sciences Citation Index.
Professor Kamerschen participates as a speaker, discussant, chair, or attendee in the meetings of recognized professional societies such as the American Economic Association, Industrial Organization Society, Midwest Economic Association, Southern Economic Association, and Western Economic Association. In addition to having hosted a local television show featuring contemporary economic topics, he has appeared on the MacNeil/Lehrer public television show.
In addition to his teaching, research, and public service duties as a Distinguished Professor at the University of Georgia, Dr. Kamerschen has been a member of the National Association of Forensic Economists and has been an Associate Member of the American Bar Association. He has previously served and is presently engaged in extensive independent activities as an economic consultant and/or expert witness in various forensic economics matters (antitrust, public utilities, wrongful death, personal injury, etc.).
Dr. Kamerschen has consulted and/or provided expert testimony in approximately 135 antitrust cases, appearing for both private parties and public bodies and for both plaintiffs and defendants involving a wide variety of products, industries, and markets. He has been qualified previously as an expert in industrial and antitrust economics dealing with consumer, business, and government behavior in the marketplace. His antitrust work has included both the assessment of liability and the calculation of damages. He has acted as a an economic consultant and/or appeared as an expert witness for Antitrust Division of the U.S. Department of Justice, for and against the Federal Trade Commission; for and against numerous state and local government bodies and for both plaintiffs and defendants in private treble damage cases; Since 1970 his antitrust consulting work has involved theoretical and empirical analyses of the structure, conduct, and performance of specific firms, markets, and industries in: airplanes, airplane parts, equipment and transparencies, alumina, anchors, anesthesiology, asphalt, automatic teller machines (ATMs), automobile insurance, automobile parts, avionics, bakery flour, banking, bar exams, batteries, bedding, bonding, burial caskets, cable television, can sheet, carpets, cement, chain saws, chemicals, computer hardware and software, corrugating medium, cruise lines, crushed stone, dairy ingredients, designer jeans, ductile pipe, drugs, electric power, electric equipment, electric tools, fast food franchises, floor covering, granite, handstamps, hydrate aluminum, industrial development land, lithotripsy, load haul vehicles, LP gas, marina, medical electronics, medical services, metal paint cans, milk, mobile homes, motel/hotel franchising, natural gas, newspapers, obstetrics, ophthalmology, organic pigments, peanuts, perinatal and medical services, petroleum, pipeline, bury, portable electric tools, printing, public utilities, razors, ready mix concrete, rebar steel, refuse collection, reinsurance, shoes, skiing services, soft dessert, soft drinks, souvenir merchandise, swimming pool sanitizers, telecommunications, television, tires, title insurance, union-nonunion contractors, waste paper, water meters, weather radar, wheat gluten and starch, white goods, etc. This consulting has included analysis of market definition and structure plus the impact of the challenged conduct on economic performance including damage calibrations.
Professor Kamerschen has consulted and/or testified in about 45 regulatory utility hearings. He has consulted and/or prepared expert testimony for applicants or intervenors in proceedings involving federal agencies such as the Canadian Transport Commission, and the Federal Energy Regulatory Commission (formerly the Federal Power Commission), and state tribunals in California, Florida, Georgia, Illinois, Indiana, Kansas, Mississippi, Nebraska, North Carolina, Ohio, Oklahoma, South Carolina, and Texas involving electric, natural gas, telecommunications, transportation, and water industries. He has been an appointive member of the Advisory Committee to the Consumers Utility Counsel for the State of Georgia.
Dr. Kamerschen has consulted and/or testified in about 130 wrongful death, wrongful termination, and personal injury cases. In addition, he has consulted in about 50 miscellaneous litigations involving damage and valuation calibration, business contracts, divorce, and advertising, on behalf of both plaintiffs and defendants. The wrongful death and personal injury cases have involved discounted present value calculations under both state laws and the Federal Tort Claims Act. The valuations have included analyses of various business concerns. The damage calculations not involving personal injury cases have assessed the economic losses flowing from various kinds of challenged conduct.
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Typical. Republicans just LOVE to send around Hoax Chain letters and call them facts.
http://www.snopes.com/business/taxes/howtaxes.asp
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Brutal cut n paste.
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The Rosenberg's were traitors. :-X
More importantly, Jews.
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The monopoly capitalists - even while employing purely empirical methods - weave around art a complicated web which converts it into a willing tool. The superstructure of society ordains the type of art in which the artist has to be educated. Rebels are subdued by its machinery and only rare talents may create their own work. The rest become shameless hacks or are crushed.
- Ernesto "Che" Guevara
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There's so much that I could say here, but time's a little tight.
Sure, for 2010, we only get the baby screw from Obama, but we are going to get killed in 2011.
Combine my federal with what I pay to California and you're talking about a very significant number that's only going to go up. What they've done is to greatly reduce the amount of money I can save each year and taking it a step further, the IRS is actually penalizing me for an IRA contribution...and the penalty is greater than the interest earned on the deposit! >:(
They're not just after our money now...these people are after our futures and we absolutely should not silently accept this crap.
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you americans do realise that there is no law that states you have to pay taxes.
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And in case no one has seen it, I recommend you watch "America: Freedom to Fascism" ;)
(http://www.freedomtofascism.com/downloads/images/thm_poster_uni-deceit.jpg)
http://www.freedomtofascism.com/ (http://www.freedomtofascism.com/)
http://en.wikipedia.org/wiki/Freedom_to_fascism (http://en.wikipedia.org/wiki/Freedom_to_fascism)
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you americans do realise that there is no law that states you have to pay taxes.
true, there may be no "law," but if you don't pay them: Jail.
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true, there may be no "law," but if you don't pay them: Jail.
They've been given the power to take all our shit if we don't declare income and pay heavy taxes on what we bring in.
The better you do in life, the more they jack you up.
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true, there may be no "law," but if you don't pay them: Jail.
Unless you're Tim Geithner, Charles Rangel, Tom Daschal etc.
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"Barstool Economics" ::)
Thanks, but I'd rather not have Archie Bunker formulating tax or macro economic policy based on what "sounds right".
If some right wing douche doesn't think sound, progressive tax policy is "fair", well, who cares? The purpose of economic policy isn't to make some pasty, white, right wing cry baby feel things are "fair".
Not that it matters, because the kind of idiot that takes "Barstool Economics" as prescriptive isn't likely to have two thin dimes to rub together. This is the same type of intellectual lightweight that thinks Ayn Rand is an actual, credible philosopher.
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"Barstool Economics" ::)
Thanks, but I'd rather not have Archie Bunker formulating tax or macro economic policy based on what "sounds right".
If some right wing douche doesn't think sound, progressive tax policy is "fair", well, who cares? The purpose of economic policy isn't to make some pasty, white, right wing cry baby feel things are "fair".
Not that it matters, because the kind of idiot that takes "Barstool Economics" as prescriptive isn't likely to have two thin dimes to rub together. This is the same type of intellectual lightweight that thinks Ayn Rand is an actual, credible philosopher.
Excellent post ,Jason.
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Just give us a flat tax. No one should get penalized for working harder!!! it should be the other way around.
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Just give us a flat tax. No one should get penalized for working harder!!! it should be the other way around.
Problem is that these days, more so than in the past, wealth is being accrued/accumulated without any 'work' being done. One of the main reasons for the ever-steepening wealth disparity gradient we see these days. ;)
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I like the idea that some states have been considering called the "Sin" tax. Basically you have no income tax and you tax all the worthless crap out there...like Twinkies, Grape soda, Etc all the sugary salty junk that's causing kids to be fat and have diabetes. Cigarettes as well..all the unhealthy shit. First of all, the reason our medical system is overwhelmed because so many lowlifes live on this stuff. If Barry wants socialized medecine, why should I have to pay for some family that feeds their kids nothing but candy and fruitloops all day and then expects my tax dollars to pay for their diabetes and obesity related ailments? So this tax would bring in billions to the government and have the side affect of making people think twice before they pollute their bodies with junk. This is the answer.
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Problem is that these days, more so than in the past, wealth is being accrued/accumulated without any 'work' being done. One of the main reasons for the ever-steepening wealth disparity gradient we see these days. ;)
Yes , rich people work harder for their money than poor people do for theirs ::) ::)
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spoken like a true mexican.
Mexicans are beneficial to a more capitalist society, fool. They'll work for what they are entitled to, unlike greedy unionized workers who want 60 k salaries and tons of benefits despite be only highschool grads. ::)
I don't think the rich should be penalized either, but they shouldn't get tax breaks that the middle and lowerclass earners should. Rich people tend to hold a greater portion of their wealth, while the lower tend to spend it which is beneficial to the economy as a whole.
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Just give us a flat tax. No one should get penalized for working harder!!! it should be the other way around.
Exactly.
The guy receiving a Section 8 housing allowance so that he can live in a good neighborhood ought to have a car so that he can get to work.
But that guy is *not* entitled to have a set of $2000 'rims' on this car that I'm paying for.
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Exactly.
The guy receiving a Section 8 housing allowance so that he can live in a good neighborhood ought to have a car so that he can get to work.
But that guy is *not* entitled to have a set of $2000 'rims' on this car that I'm paying for.
I like the progressive taxation system of the states. I like the standardized, or itemized system and I like tax credits. I just think they should get rid of some of regarded rules, like making it difficult to itemize. Most people may not itemize but in ny state many do so anyways.
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Yes , rich people work harder for their money than poor people do for theirs ::) ::)
LOL. You didn't grasp one bit of what I was saying. Monster Fail. ;D
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Exactly.
The guy receiving a Section 8 housing allowance so that he can live in a good neighborhood ought to have a car so that he can get to work.
But that guy is *not* entitled to have a set of $2000 'rims' on this car that I'm paying for.
That is a fallacy. Welfare has VERY strict rules and you do not get a standard check which you can blow on rims.
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LOL. You didn't grasp one bit of what I was saying. Monster Fail. ;D
Haahaa, I was agreeing with you ,rolling eyes were for the worm. Monster fail ;D
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Haahaa, I was agreeing with you ,rolling eyes were for the worm. Monster fail ;D
Ouch, man. Missed that COMPLETELY. I might have to move ahead the time on the 1st pint one hour. :)
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That is a fallacy. Welfare has VERY strict rules and you do not get a standard check which you can blow on rims.
No, this is real.
Section 8 was intended to get people out of the projects and into good homes in solid neighborhoods. The program has many success stories. The problem is that, for every success story, I can probably count four or five abuses. Some of it is due to wanting what they perceive to be 'better' for their families (that is, more STUFF), some of it is due to trying to keep up with the Joneses (move to a nicer neighborhood, don't really want to let on that they're poor and cannot actually afford to live there), and some of it is due to recipients figuring that, since it's free money, there's no use in being responsible with it.
I've been fortunate throughout my life, but just because I've been lucky does not mean that everyone else should get a free pass on EVERYTHING simply because they didn't get some of the breaks I did. I have a moral obligation to make sure that they're learning good financial sense.
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No, this is real.
Section 8 was intended to get people out of the projects and into good homes in solid neighborhoods. The program has many success stories. The problem is that, for every success story, I can probably count four or five abuses. Some of it is due to wanting what they perceive to be 'better' for their families (that is, more STUFF), some of it is due to trying to keep up with the Joneses (move to a nicer neighborhood, don't really want to let on that they're poor and cannot actually afford to live there), and some of it is due to recipients figuring that, since it's free money, there's no use in being responsible with it.
I've been fortunate throughout my life, but just because I've been lucky does not mean that everyone else should get a free pass on EVERYTHING simply because they didn't get some of the breaks I did. I have a moral obligation to make sure that they're learning good financial sense.
Section 8 is real, but people buying rims with welfare TANF is pure fiction. Sorry.
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Section 8 is real, but people buying rims with welfare TANF is pure fiction. Sorry.
haha, TA, sorry man, but I don't see you as being an expert about what goes on in the hood.....
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haha, TA, sorry man, but I don't see you as being an expert about what goes on in the hood.....
What are you saying, Show? No James Beard lovin,' greyhound racing motherf*ckers in da 'hood?
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there is a warped portrayal of the rich as being lazy, snotty people who don't do an honest thing to earn a dollar. this is a very poisoned belief system. you people make an upper class life sound like something that is easily obtainable and not deserving to anyone who is able to experience it.
i know people who have made wise decisions in the past, and have mapped out a path of hard work and good education combined with maximizing their skills/intelligence to the fullest of their potential and have reaped the benefits of living an upper-class life. many smart decisions have been made, many books have been read, many lessons have been learned, risks have been taken and many sacrifices have been made by those who are currently part of the evil, economically degrading upper class. ::)
i know nowadays its soo COOL and REAL to be against those HAXOR CORPORATIONS, but seriously now... ;)
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there is a warped portrayal of the rich as being lazy, snotty people who don't do an honest thing to earn a dollar. this is a very poisoned belief system. you people make an upper class life sound like something that is easily obtainable and not deserving to anyone who is able to experience it.
i know people who have made wise decisions in the past, and have mapped out a path of hard work and good education combined with maximizing their skills/intelligence to the fullest of their potential and have reaped the benefits of living an upper-class life. many smart decisions have been made, many books have been read, many lessons have been learned, risks have been taken and many sacrifices have been made by those who are currently part of the evil, economically degrading upper class. ::)
i know nowadays its soo COOL and REAL to be against those HAXOR CORPORATIONS, but seriously now... ;)
QFT
They're aggressively seeking to create disincentives for working hard and building our own businesses.
"The harder you work and the more successful you are, the more it's going to hurt at tax time!"
They want to create a culture of dependence and want to increase the general apathy....the 'why try?' syndrome. If they can get a whole generation or two to buy into that.... *sigh*