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<blockquote data-quote="vantexan" data-source="post: 1115133" data-attributes="member: 24302"><p>Okay, start a company. Hire 10,000 people. Have an $800,000 salary that the total tax burden takes away 80%. Your stock isn't performing well so you aren't making money that way. Your employees want more. Gov't regulations make paperwork compliance a nightmare. You decide that the $160k you have left over after paying federal, state, and local taxes isn't worth it. You shut down the company. 10,000 out of work and you are living on your assets in Costa Rica. Just one scenario out of millions out there. If starting a company doesn't matter, if what they do is no big deal, it's the workers who do everything afterall, then why don't you guys get together and start your own company? It's a piece of cake and you can show the world how to do it properly. And no, not defending FedEx because they are a shining example of taking advantage of their workforce to enrich themselves. Just trying to illustrate it isn't as cut and dried as you make it sound with all companies, all the wealthy. My only concern is that I'm paid fairly for what I do. I could care less how much the guy has in the bank, how wonderful his lifestyle is compared to mine. He should pay his fair share in taxes, but what I see here is wanting to confiscate his wealth because he has and you don't. If you take away the incentive to take risks, to produce, and yes by risking their capital and organizing an enterprise they are producing, then our system completely unravels. A system where everyone has equal outcomes has been proven to not work, and we won't get it right somehow if we keep trying. Flame away....</p></blockquote><p></p>
[QUOTE="vantexan, post: 1115133, member: 24302"] Okay, start a company. Hire 10,000 people. Have an $800,000 salary that the total tax burden takes away 80%. Your stock isn't performing well so you aren't making money that way. Your employees want more. Gov't regulations make paperwork compliance a nightmare. You decide that the $160k you have left over after paying federal, state, and local taxes isn't worth it. You shut down the company. 10,000 out of work and you are living on your assets in Costa Rica. Just one scenario out of millions out there. If starting a company doesn't matter, if what they do is no big deal, it's the workers who do everything afterall, then why don't you guys get together and start your own company? It's a piece of cake and you can show the world how to do it properly. And no, not defending FedEx because they are a shining example of taking advantage of their workforce to enrich themselves. Just trying to illustrate it isn't as cut and dried as you make it sound with all companies, all the wealthy. My only concern is that I'm paid fairly for what I do. I could care less how much the guy has in the bank, how wonderful his lifestyle is compared to mine. He should pay his fair share in taxes, but what I see here is wanting to confiscate his wealth because he has and you don't. If you take away the incentive to take risks, to produce, and yes by risking their capital and organizing an enterprise they are producing, then our system completely unravels. A system where everyone has equal outcomes has been proven to not work, and we won't get it right somehow if we keep trying. Flame away.... [/QUOTE]
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