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Old 10-08-2012, 10:26 AM
 
33,012 posts, read 27,596,323 times
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Quote:
Originally Posted by InformedConsent View Post
Given? Opportunity isn't "given."

It's there ...recognized by some, but actualized by still fewer.

Can opportunity be denied (by government)?
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Old 10-08-2012, 10:33 AM
 
33,012 posts, read 27,596,323 times
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Quote:
Originally Posted by HappyTexan View Post
Because the current generation have been brought up with the K-12 "Everyone is a winner".
You want to indoctrinate the population, then start in the schools with the youth. It's hard to change adults but easy to influence kids. Those kids are now adults.

NCLB lowered the bar so that "No Child was Left Behind" and promoted this equality and fairness.
Everybody passes the test. If not, you get 3-4 more chances. Everybody can go to college. Everybody can get a high paying job.

Do that for 15 years and what do you think you'll produce ?

If everybody can get a high paying job, why are they mostly getting low paying jobs or none at all?

Sounds like a scam.
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Old 10-08-2012, 10:34 AM
 
7,492 posts, read 11,883,293 times
Reputation: 7394
Quote:
Originally Posted by Greg_IA View Post
You demand the government takes more and more from those other people over there, because they have more than you do.

Where does that come from?
I don't. Where does this come from?
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Old 10-08-2012, 10:37 AM
 
Location: Here and There
2,537 posts, read 3,891,590 times
Reputation: 3790
Quote:
Originally Posted by Osito View Post
I don't. Where does this come from?
Republican talking points, via Faux facts.
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Old 10-08-2012, 10:38 AM
 
33,012 posts, read 27,596,323 times
Reputation: 9074
Quote:
Originally Posted by Xanathos View Post
So what this ultimately boils down to is that you have sour grapes that you aren't as smart as Mitt or as successful as Mitt and it's not fair that he makes more than you, even though you didn't start a hedge fund like Mitt or start some other business that enabled you to have your money make money for you.

So how, exactly, does one start a hedge fund. Better yet, how does one with no money start a hedge fund? Inquiring minds want to know.
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Old 10-08-2012, 10:38 AM
 
6,204 posts, read 7,495,683 times
Reputation: 3563
What about government taking people's money and use it for wars? I don't want some contractor to get his hands on my hard earned money! Why doesn't government ask me personally what to do with my money? Are companies like Halliburton entitled to my money?
Anyway, how people know exactly what their money is being used for?
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Old 10-08-2012, 10:48 AM
 
33,012 posts, read 27,596,323 times
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Quote:
Originally Posted by InformedConsent View Post


Quote:
Originally Posted by InformedConsent
From the Chairman of the Economics Department at Harvard University and the CBO...
Quote:
Because transfer payments are, in effect, the opposite of taxes, it makes sense to look not just at taxes paid, but at taxes paid minus transfers received. For 2009, the most recent year available, here are taxes less transfers as a percentage of market income (income that households earned from their work and savings):

Bottom quintile: -301 percent
Second quintile: -42 percent
Middle quintile: -5 percent
Fourth quintile: 10 percent
Highest quintile: 22 percent
Top one percent: 28 percent

The negative 301 percent means that a typical family in the bottom quintile receives about $3 in transfer payments for every dollar earned.

The most surprising fact to me was that the effective tax rate is negative for the middle quintile. According to the CBO data, this number was +14 percent in 1979 (when the data begin) and remained positive through 2007. It was negative 0.5 percent in 2008, and negative 5 percent in 2009. That is, the middle class, having long been a net contributor to the funding of government, is now a net recipient of government largess.
Harvard University's Greg Mankiw: Most Americans Are Making A Profit Off Of Government

CBO report cited:
CBO | The Distribution of Household Income and Federal Taxes, 2008 and 2009

I think I'm at the bottom of the second quintile or the top of the bottom quintile and my percentage of taxes paid is a positive number.

So much for one-size-fits-all statistics.
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Old 10-08-2012, 12:40 PM
 
Location: the very edge of the continent
89,677 posts, read 45,353,410 times
Reputation: 13909
Quote:
Originally Posted by freemkt View Post
Can opportunity be denied (by government)?
Yes. Via too many onerous government regulations.
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Old 10-08-2012, 12:43 PM
 
Location: the very edge of the continent
89,677 posts, read 45,353,410 times
Reputation: 13909
Quote:
Originally Posted by freemkt View Post
I think I'm at the bottom of the second quintile or the top of the bottom quintile and my percentage of taxes paid is a positive number.

So much for one-size-fits-all statistics.
I posted what is, IN FACT, the IRS's actual data. If you disagree with the IRS, let them know. Be sure to get back to us and tell us what the IRS said when you told them they're wrong...
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Old 10-08-2012, 12:44 PM
 
Location: Dallas, TX
31,767 posts, read 28,934,465 times
Reputation: 12341
Quote:
Originally Posted by Greg_IA View Post
You demand the government takes more and more from those other people over there, because they have more than you do.

Where does that come from?
Do you have a job?
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