Originally posted by sasquatch672Your boss should want to pay more tax because he needs his business to have customers.
Suzianne - I am one of those "rich". I paid $76,000 in income taxes last year. You can kiss my ass.
By taxing richer people (workers and capitalists) we can invest in stimulating more jobs for the middle class. This will mean your boss will have richer customers - you will sell more and earn more money.
Business owners benefit from paying more tax. Because that tax is used to invest in the economy, improve infrastructure, create jobs and customers.
If the 1% keep screwing the 99% the 99% won't have any money to buy the 1%'s goods.
There is only so much stuff rich people can buy! Meaning they don't spend all their income which is effectively taking money out of the real economy.
Pay more tax and get richer!
Originally posted by sasquatch672Your boss needs those employees just as much as they need him/her. And just as he is free to hire someone else, you are free to seek employment elseware. It's a relationship of mutual dependency.
You don't really think that, do you, Comrade?
While I certainly don't think ill of business owners, I also don't assign them any higher status than a common worker. They're not philanthropists. They're in it to make money, just like their employees.
Originally posted by USArmyParatrooperPerhaps they see an opportunity to serve the common cause of humanity with capitalist enterprise the only avenue of intervention available.
Your boss needs those employees just as much as they need him/her. And just as he is free to hire someone else, you are free to seek employment elseware. It's a relationship of mutual dependency.
While I certainly don't think ill of business owners, I also don't assign them any higher status than a common worker. They're not philanthropists. They're in it to make money, just like their employees.
1 edit
Originally posted by Bosse de NageWho are you referring to when you say "they"? Such an exception would be so rare it is not even worth considering. We might as well be talking about unicorns.
Perhaps they see an opportunity to serve the common cause of humanity with capitalist enterprise the only avenue of intervention available.
The vast majority of business owners and workers do what they do primarily earn a living, and also for a sense of accomplishment and purpose.
I quit teaching because I made just enough to not quailify for automatic scholarships, over 80k in scholarships for two kids so in exchange for doing much less for a year or so, sounds great to me!
Wife still works, so we aren't on government assitance, but now she brings in a few bucks, supplemented by my couple of nights a week and we're getting by. Doing less to get more, that's the new American way!
Originally posted by EladarJust for the sake of argument let's say your story isn't 100% BS, what point are you making? That you're one of the leechers that you decry?
I quit teaching because I made just enough to not quailify for automatic scholarships, over 80k in scholarships for two kids so in exchange for doing much less for a year or so, sounds great to me!
Wife still works, so we aren't on government assitance, but now she brings in a few bucks, supplemented by my couple of nights a week and we're getting by. Doing less to get more, that's the new American way!
Originally posted by USArmyParatrooperIt's totally true.
Just for the sake of argument let's say your story isn't 100% BS, what point are you making? That you're one of the leechers that you decry?
It isn't the leachers that are the problem. It's the system that creates the leachers.
Originally posted by USArmyParatrooperSo commies have invaded US Army Special Forces now. Fabulous.
Your boss needs those employees just as much as they need him/her. And just as he is free to hire someone else, you are free to seek employment elseware. It's a relationship of mutual dependency.
While I certainly don't think ill of business owners, I also don't assign them any higher status than a common worker. They're not philanthropists. They're in it to make money, just like their employees.
1 edit
Originally posted by sasquatch672I'm glad that you are rewarded well for your expertise--but you don't think that market supply and demand pricing has anything to do with deservingness, do you? Either in goods markets or labor markets?
So my boss is the problem? He owns the company. He gives over 900 people a living. He's the problem?
By the way, the ultimate "job creator" is market demand for goods and services—or, as one financial analyst that I read not too long ago put it: “the economic environment” as a whole. There is consumer demand (C), investment demand (I)—which is a derived demand—government demand (G) and net exports (NX). You can be a wonderfully efficient supplier, but absent sufficient demand, you’ll shut down. You can invent the most wonderful new product, but absent sufficient demand (at prices that cover your costs), you’ll never get it to market. You may want to hire a wonderful number of employees, but absent sufficient demand for your product, you won’t be able to.
Supply does not create its own demand (at sustainable market pricing). You are not a job creator (nor is your boss): your customers are job creators—and their customers in a chain of derived demand.
I know that to a certain extent you’re just havin’ fun, stirrin’ the pot. 🙂 Just remember: the employer who wants credit as a “job creator” when demand is good will also have to take the blame as a “job destroyer” when demand falls short—unless they are a total hypocrite. Personally, I give them neither the credit nor the blame—on sound economic principles.
______________________________________
EDIT: Well, okay; this was just an expansion of rwingett's Henry Ford quote, fleshing out the economics a bit.
2 edits
Originally posted by sasquatch672I don't know exactly what role your boss plays. Normally a boss is a manager or supervisor. Those are workers. If your boss is one of those there is no capitalism in your company; just a worker who owns his own company. The capitalists are the people you rent stuff from like maybe offices or cranes or trucks or simply loans of money paid with interest and involving collateral so the capitalist cannot lose.
So my boss is the problem? He owns the company. He gives over 900 people a living. He's the problem?
Capitalists are not paid for what they do they are paid for what they legally own.
Originally posted by AThousandYoungTechnical distinction between “capitalist” and “entrepreneur” (within a capitalist system)?
I don't know exactly what role your boss plays. Normally a boss is a manager or supervisor. Those are workers. If your boss is one of those there is no capitalism in your company; just a worker who owns his own company. The capitalists are the people you rent stuff from like maybe offices or cranes or trucks or simply loans of money paid with interest ...[text shortened]... not lose.
Capitalists are not paid for what they do they are paid for what they legally own.