The ones ... uh, er, the one-in-a-thousand's who 'make' (not to say 'earn') the bulk of money only pay 7% (or 14% if 'self-employed') Soc.Sec.withholding on the first $100,000. The other $900,000 of the first million is SocialSecurity taxFREE.
So's the next millions.
Mainly why Social Security is supposedly going bankrupt (the incomer 'earners' are not contributing normal fair share) . . .
Would probably have more impact if the publication these appeared in hadn't blown its credibility during the last 10 years with an extended, acute case of BDS.
SS was, and is, supposed to be a safety net for seniors. Paid into during working years to provide a minimum level of support during one's final non-working years.
If Tensk et al think it should be just another across the board tax on all income for redistribution then why keep it separate from the income tax at all?
Of course that would result in an enormous tax increase for the wealth & job creators. How would that be a good thing? And what is to be done with those proceeds? Handed over to low and middle income earners?
Nearly half of the citizenry pays no federal income tax as it is.
So what is the magic Tensk formula?
And why is it that the left sees so much injustice in the contrast between the wage earner and those who have earned, invested and acquired more?
The scale is dramatic but the road to the many inbalances varries greatly.
There's differences in a single workplace where one employee excells and another does not. Is that also an injustice? Exaclty how, and to what extent, can "society" impose equality?
Phil Knight owns a vast network of job and earnings entities covering the full spectrum of society inequality. From the foreign factory worker to the VP in charge of operations and major stockholders.
What is the left's ultimate objective? To tax all of the upper earners within his empire a bit more in order to accomodate the government mission creep? And that through this pursuit the goverment will be able to be more things to more people? Or to just hand it over to Sam Adams, Randy Leonard & Rex Burkholder politcians because they'll spend it in better ways?
Of course that would result in an enormous tax increase for the wealth & job creators.
Wealth does NOT create jobs! Demand for goods and services creates jobs, and that demand is highest when people at the lower end of the income scale have more money to spend. The extreme concentration of wealth we are now seeing does not benefit anyone -- not even the wealthy.
Nearly half of the citizenry pays no federal income tax as it is.
The income tax was originally intended to be levied solely on the rich. The top marginal rate was 81 percent in 1955, compared to 36 percent now. The fact that fully 50 percent of the population now pays it is further evidence that those at the top income brackets are getting a better tax deal now than at any time since the income tax began.
I said the wealth and job creators. As in the creators of wealth and jobs.
Is it your contention that jobs create themselves simply because of demand?
The extreme concentraton of wealth is the result of an open ended system that promises no limits to what one can accomplish.
You seem to believe that the concentraton is soley from an unjust system that limits the lower end and rewards the high end? Or that the high end results from taking from the rest?
Investment and venture capital creates jobs. Without it no jobs are created.
Perhaps you can give ma an example of someon creating jobs without investment?
Charamba, Douro 2008
Horse Heaven Hills, Cabernet 2010
Lorelle, Horse Heaven Hills Pinot Grigio 2011
Avignonesi, Montepulciano 2004
Lorelle, Willamette Valley Pinot Noir 2011
Villa Antinori, Toscana 2007
Mercedes Eguren, Cabernet Sauvignon 2009
Lorelle, Columbia Valley Cabernet 2011
Purple Moon, Merlot 2011
Purple Moon, Chardonnnay 2011
Abacela, Vintner's Blend No. 12
Opula Red Blend 2010
Liberte, Pinot Noir 2010
Chateau Ste. Michelle, Indian Wells Red Blend 2010
Woodbridge, Chardonnay 2011
King Estate, Pinot Noir 2011
Famille Perrin, Cotes du Rhone Villages 2010
Columbia Crest, Les Chevaux Red 2010
14 Hands, Hot to Trot White Blend
Familia Bianchi, Malbec 2009
Terrapin Cellars, Pinot Gris 2011
Columbia Crest, Walter Clore Private Reserve 2009
Campo Viejo, Rioja, Termpranillo 2010
Ravenswood, Cabernet Sauvignon 2009
Quinta das Amoras, Vinho Tinto 2010
Waterbrook, Reserve Merlot 2009
Lorelle, Horse Heaven Hills, Pinot Grigio 2011
Tarantas, Rose
Chateau Lajarre, Bordeaux 2009
La Vielle Ferme, Rose 2011
Benvolio, Pinot Grigio 2011
Nobilo Icon, Pinot Noir 2009
Lello, Douro Tinto 2009
Quinson Fils, Cotes de Provence Rose 2011
Anindor, Pinot Gris 2010
Buenas Ondas, Syrah Rose 2010
Les Fiefs d'Anglars, Malbec 2009
14 Hands, Pinot Gris 2011
Conundrum 2012
Condes de Albarei, Albariño 2011
Columbia Crest, Walter Clore Private Reserve 2007
Penelope Sanchez, Garnacha Syrah 2010
Canoe Ridge, Merlot 2007
Atalaya do Mar, Godello 2010
Vega Montan, Mencia
Benvolio, Pinot Grigio
Nobilo Icon, Pinot Noir, Marlborough 2009
Portuga, Rose 2011
Revelation, Chardonnay, Pays d'Oc 2010
Beaulieu, Cabernet, Rutherford 2005
Monte Alto, Tinto Reserva 2005
Chateau Ste. Michelle, Cabernet, Indian Wells 2009
Espiral, Vinho Rose
Vin-Koru, Pinot Gris 2011
14 Hands, Hot to Trot Red 2009
Rodney Strong, Cabernet, Sonoma 2009
Abacela, Vintner's Blend #11
Portuga, White 2010
La Bourgeoisie, Red 2009
Januik, Red 2009
Three Rivers, River's Red 2008
Kirkland, Alexander Valley Merlot 2008
Muga, Rioja Rose 2010
Quinta das Amoras, Vinho Tinto 2009
Mauro Molino, Barbera d'Alba 2009
Garda Chiaretto Rose
Columbia Crest, Two Vines Vineyard 10 White
Chateau Ste. Michelle, Pinot Gris, Columbia Valley 2009
L'Hortus, Rose de Saignee 2010
Maculan, Pino & Toi 2008
McKinley Springs, Bombing Range Red 2008
Trader Joe's Pinot Gris 2009
Montes Alpha, Cabernet 2007
Gran Sasso, Sangiovese, Terre di Chieti 2009
Garda, Classico Chiaretto Rose
Beaulieu, Cabernet, Rutherford 1999
Picos del Montgo, Tempranillo 2008
Chateau de Montmirail, Vacqueyras 2008
La Granja 360, Syrah 2009
Montgras, Carmenere Reserva 2009
Lange, Pinot Gris 2009
Columbia Crest, Horse Heaven Hills Cabernet 2008
Kirkland, Pinot Grigio 2010
Trader Joe's Coastal Syrah 2009
Columbia Crest, Horse Heaven Hills Merlot 2008
Trader Joe's Coastal Chardonnay 2009
Vieux Papes Red
Domaine de l'Aujardiere, Chardonnay 2009
Santa Rita, Cabernet, Medalla Real 2007
Penfold's, Koonunga Hill Shiraz Cabernet 2008
Guild, Red, Lot #02 2008
Dievole, Dievolino Sangiovese 2008
Laforet, Burgogne Chardonnay 2009
Columbia Winery, Merlot 2007
Bonterra, Cabernet 2008
Elk Cove, Pinot Gris 2009
Maquis Lien 2006
Scott Paul, Pinot Noir, Le Paulee 2007
The Occasional Book
Neil Young - Waging Heavy Peace
Mark Bego - Aretha Franklin, the Queen of Soul (2012 ed.)
Jenny Lawson - Let's Pretend This Never Happened
J.D. Salinger - Franny and Zooey
Charles Dickens - A Christmas Carol
Timothy Egan - The Big Burn
Deborah Eisenberg - Transactions in a Foreign Currency
Kurt Vonnegut Jr. - Slaughterhouse Five
Kathryn Lance - Pandora's Genes
Cheryl Strayed - Wild
Fyodor Dostoyevsky - The Brothers Karamazov
Jack London - The House of Pride, and Other Tales of Hawaii
Jack Walker - The Extraordinary Rendition of Vincent Dellamaria
Colum McCann - Let the Great World Spin
Niccolò Machiavelli - The Prince
Harper Lee - To Kill a Mockingbird
Emma McLaughlin & Nicola Kraus - The Nanny Diaries
Brian Selznick - The Invention of Hugo Cabret
Sharon Creech - Walk Two Moons
Keith Richards - Life
F. Sionil Jose - Dusk
Natalie Babbitt - Tuck Everlasting
Justin Halpern - S#*t My Dad Says
Mark Herrmann - The Curmudgeon's Guide to Practicing Law
Barry Glassner - The Gospel of Food
Phil Stanford - The Peyton-Allan Files
Jesse Katz - The Opposite Field
Evelyn Waugh - Brideshead Revisited
J.K. Rowling - Harry Potter and the Sorcerer's Stone
David Sedaris - Holidays on Ice
Donald Miller - A Million Miles in a Thousand Years
Mitch Albom - Have a Little Faith
C.S. Lewis - The Magician's Nephew
F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakité - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt
Road Work
Miles run year to date: 21
At this date last year: 52
Total run in 2012: 129
In 2011: 113
In 2010: 125
In 2009: 67
In 2008: 28
In 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269
Comments (8)
what are they arguing about in Wisconsin??
Posted by jimbo | February 24, 2011 4:34 PM
Wow...of the ten richest members of Congress, seven are Democrats.
Who would have thought?
Posted by Jon | February 24, 2011 5:07 PM
How much income have you given up for the top 1 percent?
Oh, come on - zero sum again - that's rich.
I wonder if Father Jones knows about all this.
Posted by cc | February 24, 2011 5:36 PM
The ones ... uh, er, the one-in-a-thousand's who 'make' (not to say 'earn') the bulk of money only pay 7% (or 14% if 'self-employed') Soc.Sec.withholding on the first $100,000. The other $900,000 of the first million is SocialSecurity taxFREE.
So's the next millions.
Mainly why Social Security is supposedly going bankrupt (the incomer 'earners' are not contributing normal fair share) . . .
Posted by Tenskwatawa | February 24, 2011 6:52 PM
Would probably have more impact if the publication these appeared in hadn't blown its credibility during the last 10 years with an extended, acute case of BDS.
Posted by The Other Jimbo | February 25, 2011 8:52 AM
SS was, and is, supposed to be a safety net for seniors. Paid into during working years to provide a minimum level of support during one's final non-working years.
If Tensk et al think it should be just another across the board tax on all income for redistribution then why keep it separate from the income tax at all?
Of course that would result in an enormous tax increase for the wealth & job creators. How would that be a good thing? And what is to be done with those proceeds? Handed over to low and middle income earners?
Nearly half of the citizenry pays no federal income tax as it is.
So what is the magic Tensk formula?
And why is it that the left sees so much injustice in the contrast between the wage earner and those who have earned, invested and acquired more?
The scale is dramatic but the road to the many inbalances varries greatly.
There's differences in a single workplace where one employee excells and another does not. Is that also an injustice? Exaclty how, and to what extent, can "society" impose equality?
Phil Knight owns a vast network of job and earnings entities covering the full spectrum of society inequality. From the foreign factory worker to the VP in charge of operations and major stockholders.
What is the left's ultimate objective? To tax all of the upper earners within his empire a bit more in order to accomodate the government mission creep? And that through this pursuit the goverment will be able to be more things to more people? Or to just hand it over to Sam Adams, Randy Leonard & Rex Burkholder politcians because they'll spend it in better ways?
Posted by Ben | February 25, 2011 10:20 AM
Of course that would result in an enormous tax increase for the wealth & job creators.
Wealth does NOT create jobs! Demand for goods and services creates jobs, and that demand is highest when people at the lower end of the income scale have more money to spend. The extreme concentration of wealth we are now seeing does not benefit anyone -- not even the wealthy.
Nearly half of the citizenry pays no federal income tax as it is.
The income tax was originally intended to be levied solely on the rich. The top marginal rate was 81 percent in 1955, compared to 36 percent now. The fact that fully 50 percent of the population now pays it is further evidence that those at the top income brackets are getting a better tax deal now than at any time since the income tax began.
Posted by Semi-Cynic | February 25, 2011 1:37 PM
I said the wealth and job creators. As in the creators of wealth and jobs.
Is it your contention that jobs create themselves simply because of demand?
The extreme concentraton of wealth is the result of an open ended system that promises no limits to what one can accomplish.
You seem to believe that the concentraton is soley from an unjust system that limits the lower end and rewards the high end? Or that the high end results from taking from the rest?
Investment and venture capital creates jobs. Without it no jobs are created.
Perhaps you can give ma an example of someon creating jobs without investment?
Posted by Ben | February 26, 2011 9:47 AM