well you're with about 70 million (or whatever number voted for trump) voters.
I don't blame the illegals either...we incentive them coming and then put as many barriers in the way of deporting them
Revenue Models & Tax Theory
- Thread starter FLaw47
- Start date
I don't blame the illegals either...we incentive them coming and then put as many barriers in the way of deporting them
It’s not that difficult. You will reap what you sow. You get what you incentivize, if you incentivize couples getting married and having children, that’s what you’ll get. If you incentivize not working or being single or having lots of children outside of wedlock, you’ll get that too. If you incentivize people to illegally come here by giving them handouts, guess what…. My experience has been people generally take the path of least resistance. Successful people don’t but they only make up say 25-35% of our population, for a number of reasons. So you’re only as strong as the weakest among you. We’ve punished success (excessive taxation) we’ve glorified laziness (half the country on entitlements). You get what you incentivize. It’s why this is even a thread. Imagine 30 years ago someone trying to come up with ways that the government could take more money from you and framing it in this positive manner. The government works for me and you. We don’t work for the government. We certainly don’t work for the government to take our money and redistribute our resources. People forgot that.
Is the working class better off? I suppose it's relative.
Today's working class person has a phone and all the information in the world at their fingertips. Air condition. Most families have multiple cars. Medical care that boomers could only dream of. Jobs a plenty. Social welfare nets everywhere you look. Is life right now really that bad? Was life back then really that good? To me, it's relative. I think it's probably one of those "the grass is always greener" type of deals.
When people say the working class isn't better off, im not sure they have stopped and thought that statement through.
Sure those are luxuries that improvements in technology have made. Who’s dollar bought more? Affordability is my concern here.
remember your post about the old people hanging on? I just saw where 85 year old representative Jim Clyburn, South Carolina is running for another term.
Gosh don’t get me started on term limits. A lot of the issues we have could be resolved with term limits.
They are luxuries that have been made so cheap they are accessible to the very lowest income people. We take many of those things for granted now imo.
True. I was about to add to my comment. You’re right. People have air conditioning and their cell phones in their rented apartments. I’d rather have a house and paid off car than multiple vehicles on a loan and AC in a rental property but that’s just me.
Instead of asking how we can tax more. We should be asking how to encourage people to achieve that.
I can tell you an anecdote...when I was in OCS I made about $250/month. I lived on post, obviously, but my wife lived in downtown Columbus ga and had rent, car payment, and all the peripheral bills to pay. Anyway, without my knowledge, she put away $25/month. When I graduated and was commissioned, that was a $200/month raise....we lived on the same amount my wife did and saved the rest....long story short, we amassed $6,000 that we used to buy a rental property. 28 years later we sold that property for a $325,000 profit. short term pain for long term gain
Some of the best advice my father gave me when I got my first job out of college was - give at least what the company matches in 401k with a goal of giving the max annually one day…. In other words, get in a habit of saving or investing your money.
There it is. Mamdani going after your estate in NYC.
He is taking FLAW’s approach and just adding on as an additional tax, instead of replacing other taxes like I suggested.
The already high tax burden of NYC just got higher.
Good thing they have some high rates of fraud to justify the extra spend
He is taking FLAW’s approach and just adding on as an additional tax, instead of replacing other taxes like I suggested.
The already high tax burden of NYC just got higher.
Good thing they have some high rates of fraud to justify the extra spend
This is why many Americans feel the tax burden is too high. We know there are fraudulent people all over the place. There are no (few) guardrails or prosecutions when these people are caught.
How can people ask for MORE taxes when the current ones are being stolen?
Cut the waste fraud and abuse and get to an honest system and people will feel much better about paying their taxes
How can people ask for MORE taxes when the current ones are being stolen?
Cut the waste fraud and abuse and get to an honest system and people will feel much better about paying their taxes
Think poor brain or way of thinking is a real thing. Perspective wise. When people grow up poor, they just literally think differently. It’s honestly really sad. Certainly some poor families still teach their kids about budgeting and saving etc, but if parents don’t know themselves it’s hard to impart in your kids. (I was very fortunate to have great parents, both in the home, etc etc so not speaking from personal experience to be clear)
I am very, very pro a mandatory financial literacy class for each year in school. Getting more detailed each year, etc. Taxes, balancing checkbook, budgeting, compounding interest, achieving financial goals, how credit works, how credit cards work, mortgages/escrow, renting, insurance, entrepreneurship, pyramid schemes, there is so much.
Agreed. So how do we incentivize parents staying together. Or at least co parenting their children? IMO entitlements are a main factor in this cycle. Government replaces the father. Kid grows up with a hypersensitive mom on welfare. Hearing her blame everything and everyone for the situation. Then they have kids and aren’t involved as parents. Rinse repeat.
We already do through jointly filed taxes. My main point was just that our experiences aren’t everyone’s experiences, and that people who didn’t have parents who consistently taught us good habits whether purposefully or through daily examples, aren’t necessarily bad people. I am open to finding ways to incentivize healthy behavior, but that sometimes generational financial literacy issues are a real thing and some people literally aren’t wired to pull themselves up, to save, to think long term. They are wired moment to moment. Not saying we should give up and just support people either. Wonder if we could find a way to tie some government programs to some sort of financial literacy classes or something (know some programs have something like this).
Eh, not for the poors where this is an issue. They barely pay taxes so the filing doesn't matter that much. Rates are pretty much flat for single filers up to $48K and you get a $16K standard deduction. So if you make =<$64K, it doesn't matter if you file jointly or not.
The more I discuss this, the more evident it is to me that most of the issues arise from poor personal choices. Example - my father was the first person in my family to go to college, I’m the second. I’m from a huge family that’s been here in the Carolina’s since the late 1600’s. We are the only two with college degrees out of hundreds of people. Yet none of them are on welfare or entitlements. Some have parents, some don’t. Some have money, some don’t. Some are smart, some aren’t. You don’t get to choose any of that. You only have control over YOURSELF and YOUR individual choices. To me it’s an absolute cop out to continually blame everyone and everything around you while you’re doing nothing to improve. Why are they ok working at an auto repair shop and being a teachers aide? Because that’s their purpose, they have purpose and meaning and responsibility. Government entitlements rob people of that and much more. My dad’s parents were a prison guard and a dry cleaner, no education, no money, no privilege, yet I keep hearing how great he had it. No - he made the most of himself with what resources and knowledge he had. He would’ve never achieved any of that while getting welfare.
1000% agree. I would also add nutrition eduction as an absolute requirement.
Fair enough. Wasn't really the main point of my post. I'm open to suggestions. But am also wary of anything that makes it harder for divorce as well. Not that I'm "pro-divorce" like at all, but there are a lot of unsafe situations where people end up feeling almost trapped.
you know, your philosophy mirrors mine. I learned a long time ago that there are very few things in the world that I can control - other than my personal choices.
Absolutely think you could pair them, have it be a semester each year, with a 9 week program focused on each.
it's amazing to me that our school board leaders haven't figured a way to get both into school curricular. We're supposed to be preparing kids for the future. What could be more important than understanding money and health? Well, ok maybe math, reading and english
I agree that a poor choice is a poor choice, period. But also am aware that I overcame absolutely nothing to make a lot of good choices. And that is simply not the reality for a lot of Americans. Sounds like many in your family have overcome more than me and many in my family, which is great. Life is honestly hard for everyone, and it's all degrees of hard. I am regularly grateful I am way towards the easy end of the spectrum.
My long held supposition is that what I teach my son, and any individual I run in to, and what I think is a collective reality are different. So what I mean by that is that I teach my son everything you're saying. That he is responsible for his own choices. That he needs to not have excuses, to be resourceful, to find a way to keep moving forward. It's a kids movie, but the main tagline in the movie Meet The Robinsons is "Keep Moving Forward" and I've always loved that and think about it mentally a lot. Find a way to move forward. There are constant set backs, but you just have to move forward. So that is the personal attitude I have and want my son to have. But when it comes to the collective, I am also aware that others have different situations, and that often people could use a hand up, or societal support. I think the goal should be to better distinguish between those two (meaning make sure people that should only need a hand don't become the ones who need societal support). I am sure that people will disagree on where that line is and why compromise is always important. I think the same for like general racism. At the individual level, people shouldn't let racism change what they do. They should be respectful, take responsibility for themselves, not let it hold them back, keep moving forward. But also, I think we should understand that it does exist and as a collective work to move things forward at the institutional level. And believing that should happen, doesn't mean that I think anyone should use it as a personal excuse, or just give up, or expect anyone to personally give them things because it does, etc. Anyway, thanks for coming to my boring a$$ TED talk.
Incentive it. Huge tax breaks for children and married couples. Maybe go a step further and do no income tax for 10 years. For the people not making money, give them a “signing bonus” or something equivalent. If we can give HS dropouts a $50000 sign on bonus to join ICE we can incentivize the inner cities!
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not boring at all..most of us go through some form is this kind of analysis at one point or another.
Here's my awakening. After college I had a choice - draft or enlist - I chose enlist because as a college graduate I could get a guaranteed spot in OCS (turned out to be infantry -,during Vietnam war, just my luck)...Anyway, I knew I was going to Vietnam, so I studied and learned everything I possibly could that could help me survive and lead a rifle platoon.
Anyway, one thing stuck with me when during my turn in a candidate leadership position...I was assigned a task for the unit....I went to my candidate second in command and delegated that assignment. It didn't get done....In between screams from my tactical officer, I said "but I assigned that to second in command"...his retort to me, which has since defined my life..."You are responsible for everything your unit does or fails to do"
Just following that simple phrase got me to where I am today. Although I will admit that it really upsets my wife when I double check everything just to make sure things are done.
Yep totally get that and is a great personal life mindset.
Speaking of choices - why do people vote for politicians like Brandon Johnson? Is this an intelligence issue or is this just a scenario where people just vote blue no matter who. That guy is absolute trash. He’s pillaging Chicago, increasing taxes like crazy. All while getting rich and gas lighting the **** out of his constituents. Something like 75% of kids graduating from Chicago public schools are illiterate yet this guys getting Louis Vitton bags and Hugo Boss cuff links. Watch this video? People elected that guy? Talk about terrible choices.
I just got an email a couple days ago that there is a new “AP Business With Personal Finance” course being offered in high school and if my kids would be interested in taking it next year. (Yes!)
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Good talk. Kind of feel like I wasted my time and doesn’t particularly make me want to spend my time trying to share further. Likely fine with you. Have a good Saturday.
I’m being serious. What do you think would lead to people like that being elected. This is a local election, they’ve been struggling for a while right? Is this fraudulent or do the people really fall for that? I think it’s a reasonable question. I can’t fathom the town I live in tolerating the nonsense that those people put up with. I understand it’s much larger and there are other factors but it boils down to people and their community, why would you continue to elect the same people and then expect different results. I’ve seen video after video of black residents calling him to task over and over about a multitude of issues and his actions. So how’s he even in power? I think your point earlier was these folks never had the resources to make good choices so wouldn’t it stand to reason that the people there may not choose the best leaders? Why not step in there too? They need help right?
Sure, but I took the time to type a lot of thoughts that were genuine and I think explains where at least many on the left are coming from. And rather than engage, you took the word choice, shared a politician on the left from an area I don’t live in, who I honestly know nothing about, and basically changed the subject. I just hate having to try to answer for people I don’t support all the time. It’s exhausting and often a distraction from actual discussion and issues. I can research, find the likely nuance in the situation, likely I don’t agree with a lot, and then there will be another ridiculous politician somewhere in this huge nation I’m asked to speak for. I see ridiculous politicians on the right all the time on my algorithm. I don’t ask you or others to explain them unless they are someone people have shown explicit support for. It is not productive.