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10-27-2008, 03:04 PM
| | Lurker | | Join Date: Oct 2008 Location: Texas
Posts: 98
| |  Fairness, that's all...
Quote:
Originally Posted by Toby  | "Of course, all taxes are redistributive, in that they redistribute private resources for public purposes. But the federal income tax is (downwardly) redistributive as a matter of principle: however slightly, it softens the inequalities that are inevitable in a market economy, and it reflects the belief that the wealthy have a proportionately greater stake in the material aspects of the social order and, therefore, should give that order proportionately more material support".
Do you get it now?
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10-28-2008, 10:48 AM
| | Seasoned Veteran | | Join Date: Jan 2007 Location: Kentucky
Posts: 11,206
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Quote:
Palin:“we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs.”
She is, at the very least, a fellow-traveller of what might be called socialism with an Alaskan face. The state that she governs has no income or sales tax. Instead, it imposes huge levies on the oil companies that lease its oil fields. The proceeds finance the government’s activities and enable it to issue a four-figure annual check to every man, woman, and child in the state. One of the reasons Palin has been a popular governor is that she added an extra twelve hundred dollars to this year’s check, bringing the per-person total to $3,269.
| This is not socialism, this is capitalism.
The people of Alaska have decided to sell their resources to the oil companies. Thus, the profit (dirty dirty word) is given back to those that sold the resource. If it was socialism, I in KY would be getting a check from the Alaskians selling their oil.
However, that brings up another good point. Who owns the resources, is it the people or the govt. If its the people and the people want to drill, why are we not drilling?
Of the people by the people.
The govt is to serve us, we are not to serve the govt.
Also, the McCain portion was from 2000 or 2001.
BHO redistribute byte is 2 weeks old.
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10-28-2008, 02:08 PM
| | Lurker | | Join Date: Oct 2008 Location: Texas
Posts: 98
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Quote:
Originally Posted by bubba74 This is not socialism, this is capitalism.
The people of Alaska have decided to sell their resources to the oil companies. Thus, the profit (dirty dirty word) is given back to those that sold the resource. If it was socialism, I in KY would be getting a check from the Alaskians selling their oil.
However, that brings up another good point. Who owns the resources, is it the people or the govt. If its the people and the people want to drill, why are we not drilling?
Of the people by the people.
The govt is to serve us, we are not to serve the govt.
Also, the McCain portion was from 2000 or 2001.
BHO redistribute byte is 2 weeks old. | you people are unbelievable!
How is the Alaskan "government" imposing "levies" (or taxes) on corporations and "redistributing" the weath to "citizens" Capitalism? So Obama's tax plan is Capitalism too...
I live in Texas and I've never received a dime from Exxon-Mobil...
So, because McCain said it in 2001 it doesn't count as something he believes? Even Teddy R. believed in a "progressive" tax system and he's McCain's hero. Wake up...
You guys are so far gone it's almost sad... You can't have it both ways and neither can McPalin.
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10-28-2008, 02:26 PM
| | Seasoned Veteran | | Join Date: Jan 2007 Location: Kentucky
Posts: 11,206
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Quote: |
How is the Alaskan "government" imposing "levies" (or taxes) on corporations and "redistributing" the weath to "citizens" Capitalism? So Obama's tax plan is Capitalism too...
| you can believe that commrade, however the payout that Alaskians receive is a dividend: Alaska - Wikipedia, the free encyclopedia Quote:
The Alaska Permanent Fund is a legislatively controlled appropriation established in 1976 to manage a surplus in state petroleum revenues from the recently constructed Trans-Alaska Pipeline System. From its initial principal of $734,000, the fund has grown to $38 billion as a result of oil royalties and capital investment programs.[40] Starting in 1982, dividends from the fund's annual growth have been paid out each year to eligible Alaskans, ranging from $331.29 in 1984 to $1963.86 in 2000. Every year, the state legislature takes out 8 percent from the earnings, puts 3 percent back into the principal for inflation proofing, and the remaining 5 percent is distributed to all qualifying Alaskans. To qualify for the Alaska State Permanent Fund one must have lived in the state for a minimum of 11 months, and maintain constant residency.[41]
The Permanent Fund Dividend is a program benefiting Alaskans without a felony conviction who have resided in the state for at least one calendar year preceding the date applied for a dividend and intend to remain an Alaska resident indefinitely at the time applied for a dividend. The amount of each payment is based upon a five-year average of the Permanent Fund's performance and varies widely depending on the stock market and many other factors.
| Not my fault Texas did not come up with a plan like that. Dividends on welfare redistribution.
I would agree with you it was socialism, if I in Kentucky was getting a check. I am not. Those that live in Alaska are receiving a dividend, which is about as capitalistic as it gets. Of course BHO will double the taxes on those dividends because they are considered captial gains.
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10-28-2008, 05:33 PM
| | Lurker | | Join Date: Oct 2008 Location: Texas
Posts: 98
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Quote:
Originally Posted by bubba74 you can believe that commrade, however the payout that Alaskians receive is a dividend: Alaska - Wikipedia, the free encyclopedia
Not my fault Texas did not come up with a plan like that. Dividends on welfare redistribution.
I would agree with you it was socialism, if I in Kentucky was getting a check. I am not. Those that live in Alaska are receiving a dividend, which is about as capitalistic as it gets. Of course BHO will double the taxes on those dividends because they are considered captial gains. |
I have no problems with Alaska, I just thought you were against citizens getting "freebies" from government redistribution of funds...
You should read the Obama tax plan:
--- Families with incomes below $250,000 would pay current capital gains rates (a maximum tax of 15% on gains on assets held more than one year). Those earning more than $250,000 would face an increase -- a top rate of 20%.
--- The top dividend tax rate would remain the current 15% for those earning less than $250,000, but would rise to 20% for those earning above that threshold.
--- For single people, the tax increases above would apply to those earning more than $200,000.
Okay, so that's a 5% (33%) increase for dollars over $250k or $200k respectively. Progressive taxation is the only way for the government to fairly get revenue from taxes...
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10-28-2008, 05:50 PM
| | Fast & Furious | | Join Date: Sep 2007 Location: Mexifornia
Posts: 3,414
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The government does not need anymore taxes. I shouldn't have to pay not one more % of taxes. I already pay too much. Get rid of half the welfare programs put a time period on the others and they could lower taxes by at least 50%. | | Thread Tools | | | | Display Modes |  Linear Mode | 
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