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re: Getting lucky
Posted on 9/15/14 at 11:49 pm to Big Scrub TX
Posted on 9/15/14 at 11:49 pm to Big Scrub TX
quote:
I believe the modern American Right has a poor understanding of just how much luck/fortune play a role in the success of the average person.
I don't know anyone who is a conservative who doesn't thank God that they were born in the USA. I know several on the Left who wish they could have been born elsewhere.
It's what a person does after that fact that the American Right understands better than the Left.
This post was edited on 9/15/14 at 11:50 pm
0
Posted on 9/15/14 at 11:53 pm to Big Scrub TX
quote:
believe the modern American Right has a poor understanding of just how much luck/fortune play a role in the success of the average person. Yes, hard work matters a lot. But also, circumstance matters a great deal also.
I think the American left underestimates the role hard work, savings, investments, talent, and delayed gratification plays a role.
I have no problem with taxes but for fricks sake
!!! Enough is enough!!! I don't even get to write off my kids, or real estate expensed or other bullshite cause I make too much. Most all earned. I'm trying like hell to get some unearned income (dividends, capital gains) but these damn taxes make it hard. frick anybody that says we don't pay enough!! we pay too much!!
Posted on 9/16/14 at 12:05 am to Big Scrub TX
quote:
You are kidding yourself if you think you are going to change that with parenting. If a kid is an extroverted procrastinator, then that is exactly what that adult will be at 25
Absolute crap. Good parenting does shape personality. Bad parenting can certainly screw it up. Anecdotally, I was an introverted procrastinator until about age 27, no longer.
Posted on 9/16/14 at 12:25 am to Big Scrub TX
quote:
So my question to you is: what percentage tax rate would you bid to live in the US and not Bangladesh?
Our tax rates are solely to thank for our comparative wealth of opportunity to a non-OECD country- is that our premise here?
Also, WTF is the deal with the notion that one pays no taxes in Bangladesh? This is very, very easily shown to be false.
Posted on 9/16/14 at 12:31 am to 90proofprofessional
quote:
Our tax rates are solely to thank for our comparative wealth of opportunity to a non-OECD country- is that our premise here?
I've read his post a half dozen times and can't figure it out. I guess maybe we should be thankful to pay more taxes because we were born in the USA, because it's only sheer luck we're here?
Posted on 9/16/14 at 12:34 am to RogerTheShrubber
I think he is trying to say that taxation is why America is so much better than Banglades.
Posted on 9/16/14 at 12:48 am to Big Scrub TX
quote:
Bangladesh ranks 130th out of 184 countries in economic freedom.
Right. So if you were stuck there, how much taxes would you bid not to have to live there and instead live in the US?
Are you all saying Bangladesh should change to be more like the US in the 30's?
Posted on 9/16/14 at 12:58 am to Big Scrub TX
Have you read any Nassim Taleb or Malcolm Gladwell books? Your premise is similar to points they bring forth in their books.
Posted on 9/16/14 at 1:01 am to Big Scrub TX
quote:Stupid premise. One does not have to be come one of the "richest fund managers in the world" to be remarkably successful. Or even wildly rich.
I believe the modern American Right has a poor understanding of just how much luck/fortune play a role in the success of the average person. .... One of the richest fund managers in the world
quote:This isn't much better. Taxes are not what separates the US from Bangladesh economically.
So my question to you is: what percentage tax rate would you bid to live in the US and not Bangladesh?
Posted on 9/16/14 at 4:26 am to Big Scrub TX
quote:Enough to turn the US into Bangladesh?
So my question to you is: what percentage tax rate would you bid to live in the US and not Bangladesh?
Is that the answer?
I guess for some, BSTx included, it is.
And I'm only being moderately sarcastic.
You'd understand that if you viewed it in terms of intergenerational poverty. You'd understand the POV if you saw it in terms of our inner city warzones. You'd understand it if you viewed it in terms of intergenerational slum lords overseeing intergenerational slums, while convincing those overseen that there is no better opportunity. There was no better way. Throwing them just enough in tax scraps and "entitlements" to keep them on the plantation. It is clearly a perspective the "lucky guy" lacks. Whether that lack is deliberate or out of convenience is for you to decide.
Higher taxes Europeanize US class structure.
As in europe, they lock it in across generations. They rob underclasses of incentive. They rob folks like the "lucky guy" of opportunity. In the case of our current corporate tax, they rob the country of economic opportunity and competitiveness. However, they do protect the wealthy who have means of disproportionate tax avoidance and power maintenance. My suspicion is the OP "lucky guy" damn well knows that, while certain posters in this thread do not.
So in the end, the real question is how far would you be willing to extend a broken tax system simply to avoid giving the other guy a chance, an opportunity? How far down would you be willing to take the country based on a personal agenda?
This post was edited on 9/16/14 at 4:31 am
Posted on 9/16/14 at 4:41 am to Big Scrub TX
Do you even false choice bro?
Posted on 9/16/14 at 6:20 am to Big Scrub TX
The only thing having a privilege background gets you is a few mulligans if you're a chronic screwup.
Most rich people have poor ancestors, and most poor people have rich ancestors.
Most rich people have poor ancestors, and most poor people have rich ancestors.
Posted on 9/16/14 at 6:39 am to Big Scrub TX
quote:
So my question to you is: what percentage tax rate would you bid to live in the US and not Bangladesh?
Ridiculous argument. Ofcourse we are more fortunate to live in the US than Bangladesh, but it has little to do with the fact they pay no taxes and we do?
Why not compare the US to Cuba? Cuba pays more - are we unfortunate by being here?
How about Sweden? Would a Warren Buffet have been that there?
China?
The majority of countries that tax us more?
If bidding your taxes is the driver of success, then there are a lot better places than the US.
Individuals are lucky to be in this country. No one doubts that. But once inside, everyone has several decades of good luck and bad luck to persevere through their hard work. Life is not the rolling of the dice once - there are thousands of rolls and those who work hardest and smartest, by a massive proportion, tend to take advantage of those good rolls as they come around (and they do come around for everyone given the very nature of 'luck').
Another thread excusing the ignorant and lazy for being as such and getting the just results they deserve.
Posted on 9/16/14 at 6:48 am to Big Scrub TX
And of course, Bangladesh's top bracket is 30% that kicks in before $40K USD and 25% on everything above $14K US, plus a 15% VAT, plus business tax income that can reach 45%.
you would think with such levels of taxation, given it is taxation that is important, they would be more 'lucky'
you would think with such levels of taxation, given it is taxation that is important, they would be more 'lucky'
Posted on 9/16/14 at 8:54 am to Big Scrub TX
quote:
There's a massive pile of research out there on the topic. You should check it out.
Do you have kids? If you do, then you'll know just how baked in their personalities are from basically the get go. You are kidding yourself if you think you are going to change that with parenting. If a kid is an extroverted procrastinator, then that is exactly what that adult will be at 25. And there's not a damned thing you can do about it.
Sounds like you're saying that the kids bringing down our public schools are genetically predisposed to being frickups.
Whole lot of things could be inferred from that POV, none of them positive.
Posted on 9/16/14 at 8:56 am to Big Scrub TX
What Tax rate do you propose is sufficient?
What percentage of the adult population do you think should be subject to the rate described above?
What percentage of the adult population do you think should be subject to the rate described above?
This post was edited on 9/16/14 at 8:59 am
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