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Forums - General - Question about what Obama just said.

SciFiBoy on 25 March 2009
TheRealMafoo said:
mrstickball said:

If you really believed in that 'humans deserve everything' stuff, I think you should take every dime you earn, and send it to Africa/South Asia to ensure that they get what you believe every human needs.

 

He is not to be trusted. Africa needs to come take it from him.

not at all, ill pay taxes, the government will then send aid to africa, that way i earn enough to be happy and i do my bit for others as well

 



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TheRealMafoo on 25 March 2009
SciFiBoy said:
TheRealMafoo said:
SciFiBoy said:

did you earn it though? someone payed you it, but earning it means that its 100% fair given the work you do, so its unlikely thats true, especially if you earn more than 100k a year, i really dont see what human being is worth that much money, if any. the money you voulantry give is alot less than taxation and welfare would be giving them

 

 

So if a football team is going to gross 500 million a year with player x, and 300 million a year without him, he is not worth more then 100k?

 

what human is worth 100k a year for anything, sportsmen are a prime example, stupidly overpaid for a job that they could do for 22k a year, the average wage (in the UK)

 

I just want to make sure I understand this...

You own the football team, and your very trusty accountant tells you “Mr. X will play for us, and he is asking for 200k a year. If you accept, we will make 200 million more dollars”.

You're going to tell him “No man is worth more then 100k. Tell him no.”?



SciFiBoy on 25 March 2009
TheRealMafoo said:
SciFiBoy said:
TheRealMafoo said:
SciFiBoy said:

did you earn it though? someone payed you it, but earning it means that its 100% fair given the work you do, so its unlikely thats true, especially if you earn more than 100k a year, i really dont see what human being is worth that much money, if any. the money you voulantry give is alot less than taxation and welfare would be giving them

 

 

So if a football team is going to gross 500 million a year with player x, and 300 million a year without him, he is not worth more then 100k?

 

what human is worth 100k a year for anything, sportsmen are a prime example, stupidly overpaid for a job that they could do for 22k a year, the average wage (in the UK)

 

I just want to make sure I understand this...

You own the football team, and your very trusty accountant tells you “Mr. X will play for us, and he is asking for 200k a year. If you accept, we will make 200 million more dollars”.

You're going to tell him “No man is worth more then 100k. Tell him no.”?

if everyone says that then no player can ask for 100k

 



Epoch on 25 March 2009
mrstickball said:

Exactly what don't you believe? That's exactly what American taxation is like.

I'll give you an example from my actual work stub:

Income Earned: $5,025

  • Federal Income Taxes: $598
  • Medicare: $70
  • Social Security: $301
  • State Income Taxes: $122

That's 21.7% + State Sales Tax (7.0% where I live, on all purchases) on whatever I buy, which equals out to about 28.7%. I make $30,000/yr on salary, so I am certainly in the lower section of taxation. In my case, every 4th paycheck goes to the government for FIT, Medicare, SS, and SIT alone. If you are on welfare, or the like, you keep your money, and do not get taxed on it.

Now, in my case:

  • I will never use medicare (I have private health insurance through my company)
  • I will never withdrawl from Social Security (virtually useless. Will put about 1/2 what is taken out in SS into a 401k or other investment and make far, far more)
  • I was never publically schooled. I was home schooled, and my education cost under $500/yr

Yet I pay for them. Crazy world with crazy taxes. I think that some of the people arguing on these forums about taxation have never paid taxes, and realized how their money gets spent. Americans constantly argue about minimum/living wages, but fail to realize that a large part of what could be living wages are taken out via taxation, and not due to minimum standards.

I agree that sometimes it seems unfair on how much I am taxed and where my taxes seem to go, but its all part of being a member of society. The people elect government officials with the intention that they will carry out the people's wishes.  This may not always pan out, but I think for the most part we have it pretty good.  If people don't want to pay the taxes imposed by that government, or feel they are being spent against their wishes, there are other countries in which to live that may not tax as high.

The 3 items taken off your paycheck may not help you directly, but they almost certainly help you indirectly.

Fun fact: Canadian income tax was originally a "temporary" measure to help pay the expenses of WWI.



mrstickball on 25 March 2009
SciFiBoy said:
TheRealMafoo said:

 

I just want to make sure I understand this...

You own the football team, and your very trusty accountant tells you “Mr. X will play for us, and he is asking for 200k a year. If you accept, we will make 200 million more dollars”.

You're going to tell him “No man is worth more then 100k. Tell him no.”?

if everyone says that then no player can ask for 100k

So your setting the value of a human at $100,000? That's brilliant.



Back from the dead, I'm afraid.

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SciFiBoy on 25 March 2009
mrstickball said:
SciFiBoy said:
TheRealMafoo said:

 

I just want to make sure I understand this...

You own the football team, and your very trusty accountant tells you “Mr. X will play for us, and he is asking for 200k a year. If you accept, we will make 200 million more dollars”.

You're going to tell him “No man is worth more then 100k. Tell him no.”?

if everyone says that then no player can ask for 100k

So your setting the value of a human at $100,000? That's brilliant.

 

sorry, should have phrased it better, i dont think humans are worth money, we cant be measured in such terms, but pay wise, i dont think that a job exists that is worth 100k a year



TheRealMafoo on 25 March 2009
SciFiBoy said:
TheRealMafoo said:
SciFiBoy said:
TheRealMafoo said:
SciFiBoy said:

did you earn it though? someone payed you it, but earning it means that its 100% fair given the work you do, so its unlikely thats true, especially if you earn more than 100k a year, i really dont see what human being is worth that much money, if any. the money you voulantry give is alot less than taxation and welfare would be giving them

 

 

So if a football team is going to gross 500 million a year with player x, and 300 million a year without him, he is not worth more then 100k?

 

what human is worth 100k a year for anything, sportsmen are a prime example, stupidly overpaid for a job that they could do for 22k a year, the average wage (in the UK)

 

I just want to make sure I understand this...

You own the football team, and your very trusty accountant tells you “Mr. X will play for us, and he is asking for 200k a year. If you accept, we will make 200 million more dollars”.

You're going to tell him “No man is worth more then 100k. Tell him no.”?

if everyone says that then no player can ask for 100k

 

 

lol, so your ok with the owner making 500 million, just not happy with paying the worker 200k.

Funny.

That's a good one to go to bed on. It's 1:40am here.



SciFiBoy on 25 March 2009
TheRealMafoo said:

 

lol, so your ok with the owner making 500 million, just not happy with paying the worker 200k.

Funny.

That's a good one to go to bed on. It's 1:40am here.

 

no, i dont think that any job is worth over 100k a year



Final-Fan on 25 March 2009
TheRealMafoo said:
SciFiBoy said:
TheRealMafoo said:
SciFiBoy said:
did you earn it though? someone payed you it, but earning it means that its 100% fair given the work you do, so its unlikely thats true, especially if you earn more than 100k a year, i really dont see what human being is worth that much money, if any. the money you voulantry give is alot less than taxation and welfare would be giving them
So if a football team is going to gross 500 million a year with player x, and 300 million a year without him, he is not worth more then 100k?
what human is worth 100k a year for anything, sportsmen are a prime example, stupidly overpaid for a job that they could do for 22k a year, the average wage (in the UK)
I just want to make sure I understand this...

You own the football team, and your very trusty accountant tells you “Mr. X will play for us, and he is asking for 200k a year. If you accept, we will make 200 million more dollars”.

You're going to tell him “No man is worth more then 100k. Tell him no.”?

Obviously the market justifies that salary.  But I think that what he's talking about is what is rational (ironic I know). 

The market is rational in one sense but in another way it can be pretty crazy.  Some people make $10 million a year.  Think about it:  what can a single person do in a day to really deserve over twenty seven thousand dollars for that one day of work?

 



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SciFiBoy on 25 March 2009
Final-Fan said:
TheRealMafoo said:
SciFiBoy said:
TheRealMafoo said:
SciFiBoy said:
did you earn it though? someone payed you it, but earning it means that its 100% fair given the work you do, so its unlikely thats true, especially if you earn more than 100k a year, i really dont see what human being is worth that much money, if any. the money you voulantry give is alot less than taxation and welfare would be giving them
So if a football team is going to gross 500 million a year with player x, and 300 million a year without him, he is not worth more then 100k?
what human is worth 100k a year for anything, sportsmen are a prime example, stupidly overpaid for a job that they could do for 22k a year, the average wage (in the UK)
I just want to make sure I understand this...

You own the football team, and your very trusty accountant tells you “Mr. X will play for us, and he is asking for 200k a year. If you accept, we will make 200 million more dollars”.

You're going to tell him “No man is worth more then 100k. Tell him no.”?

Obviously the market justifies that salary.  But I think that what he's talking about is what is rational (ironic I know). 

The market is rational in one sense but in another way it can be pretty crazy.  Some people make $10 million a year.  Think about it:  what can a single person do in a day to really deserve over twenty seven thousand dollars for that one day of work?

 

exactly my point