Re: shuttle disaster
Nathan E Norman <firstname.lastname@example.org> writes:
> On Sat, Feb 08, 2003 at 12:51:25AM -0600, DvB wrote:
> > Gary Turner <email@example.com> writes:
> > > DvB wrote:
> > >
> > > >Nathan E Norman <firstname.lastname@example.org> writes:
> > > <snip>
> > > >> Yeah, after all it's not their money .. they just worked hard to earn
> > > >> it.
> > > >
> > > >You don't "work hard" for stock dividends. You just put your money in
> > > >stocks and they come all by themselves... although I guess I did word
> > > >that a little strangely.
> > >
> > > Where the hell do you think the money came from?
> > Dividends, also called "profit sharing," are monies payed to investors
> > by companies as encourangement for current investors to continue to put
> > their money in the aforementioned companies and to attract new
> > investors.
> > > If an investor can't expect a return, why should he put himself at
> > > risk?
> > Since when has the taxation of dividends robbed you of a return on your
> > investment?
> > Following that argument. If I don't get a return from my work (in the
> > form of an untaxed salary), why should I make an effort to earn a
> > living?
> I assume you are in favor of a "progressive" income tax scale.
> Shouldn't other taxes such as payroll taxes (not the same as income
> taxes!), sales taxes, and even taxes on investment income be
> "progressive" as well? If not, why not?
I do believe that corporations should pay their fair share of taxes. I
also don't see why there shouldn't be a "progressive" scale set for them
(this could even be seen as an incentive program for small businesses, I
suppose). I also wouldn't be opposed to taxing different goods at
different levels depending on how "essencial" they are.
As to investment income. It is income (as its name suggests) and should
be taxed no differently from any other type of income (be it normal
income or capital gains).
> > > What kind of idiot was your economics prof?
> > >
> > More of an idiot than your fuzzy math prof, apparently.
> You must have really hated your economics prof.
I only ever took one economics class and often missed half of it because
my Numerical Methods prof's tests took two hours to complete instead of
the one allotted, so I wouldn't really know :-)
Besides, the class didn't cover much in the way of stock investment.