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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#1
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America's Archaic Election System
"jk" wrote in message ... "Buerste" wrote: How about a straight popular vote only by people that actually pay federal income taxes? THAT would certainly change EVERYTHING! Just remember, that corporations are legally "people" to a degree, and they do (ok some do) pay those taxes. jk No, consumers pay those taxes. And, because taxes are an operating expense, profits are based on percentage of costs, consumers also pay the bump. Foolish consumers! Liberals SCREAM "Tax Business!" not knowing that business just passes it on. But, it must feel good and all liberals care about is feeling good. |
#2
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America's Archaic Election System
"Buerste" wrote:
How about a straight popular vote only by people that actually pay federal income taxes? THAT would certainly change EVERYTHING! Just remember, that corporations are legally "people" to a degree, and they do (ok some do) pay those taxes. jk |
#3
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America's Archaic Election System
"Buerste" wrote:
"jk" wrote in message .. . "Buerste" wrote: How about a straight popular vote only by people that actually pay federal income taxes? THAT would certainly change EVERYTHING! Just remember, that corporations are legally "people" to a degree, and they do (ok some do) pay those taxes. jk No, consumers pay those taxes. And, because taxes are an operating expense, profits are based on percentage of costs, consumers also pay the bump. Foolish consumers! Liberals SCREAM "Tax Business!" not knowing that business just passes it on. But, it must feel good and all liberals care about is feeling good. No, The consumers do NOT pay those taxes in the sense of paying it to the government, they just pay more than they might otherwise. Using that same logic, my Employer pays my taxes, I just pass the cost along in what I am willing to work for. So there are no taxpayers. jk |
#4
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America's Archaic Election System
"jk" wrote in message ... "Buerste" wrote: "jk" wrote in message . .. "Buerste" wrote: How about a straight popular vote only by people that actually pay federal income taxes? THAT would certainly change EVERYTHING! Just remember, that corporations are legally "people" to a degree, and they do (ok some do) pay those taxes. jk No, consumers pay those taxes. And, because taxes are an operating expense, profits are based on percentage of costs, consumers also pay the bump. Foolish consumers! Liberals SCREAM "Tax Business!" not knowing that business just passes it on. But, it must feel good and all liberals care about is feeling good. No, The consumers do NOT pay those taxes in the sense of paying it to the government, they just pay more than they might otherwise. Using that same logic, my Employer pays my taxes, I just pass the cost along in what I am willing to work for. So there are no taxpayers. jk Your employer pays half of your total Social Security tax bill. He takes that into consideration with his pay offering. Also taken from your pay is the amount it costs to do all the employment accounting, holidays, vacation, sick days, personal days, medical, etc. Your logic is just plain wrong, rethink it and get back to me if you have any questions. |
#5
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America's Archaic Election System
Buerste wrote:
"jk" wrote in message ... "Buerste" wrote: "jk" wrote in message ... "Buerste" wrote: How about a straight popular vote only by people that actually pay federal income taxes? THAT would certainly change EVERYTHING! Just remember, that corporations are legally "people" to a degree, and they do (ok some do) pay those taxes. jk No, consumers pay those taxes. And, because taxes are an operating expense, profits are based on percentage of costs, consumers also pay the bump. Foolish consumers! Liberals SCREAM "Tax Business!" not knowing that business just passes it on. But, it must feel good and all liberals care about is feeling good. No, The consumers do NOT pay those taxes in the sense of paying it to the government, they just pay more than they might otherwise. Using that same logic, my Employer pays my taxes, I just pass the cost along in what I am willing to work for. So there are no taxpayers. jk Your employer pays half of your total Social Security tax bill. He takes that into consideration with his pay offering. Also taken from your pay is the amount it costs to do all the employment accounting, holidays, vacation, sick days, personal days, medical, etc. Your logic is just plain wrong, rethink it and get back to me if you have any questions. It always amazes me where folks talking about any benefits or taxes seem to think the money comes from. They don't seem to think about the fact that the company pays out a LOT of money to pay for those "benefits" and what it actually costs just to keep them employed. I think the last number I heard was that you could take your hourly rate and figure that 2/3 of it could be added on just to keep you as an employee. So if you're earning 60,000 a year it is costing the employer closer to 100,000 just to keep you as an employee. There is a LOT of overhead involved and they just keep piling more on. I looked into opening a new garage a couple years ago. Prior to even opening the doors I figured on spending 1.8 million dollars! -- Steve W. |
#6
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America's Archaic Election System
On Wed, 09 Dec 2009 17:01:21 -0500, "Steve W." wrote:
I think the last number I heard was that you could take your hourly rate and figure that 2/3 of it could be added on just to keep you as an employee. So if you're earning 60,000 a year it is costing the employer closer to 100,000 just to keep you as an employee. That's cheap. My (internal, before profits) chargeable cost is 2.5 times my before tax pay rate... Mark Rand RTFM |
#7
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America's Archaic Election System
On Thu, 10 Dec 2009 00:30:42 +0000, the renowned Mark Rand
wrote: On Wed, 09 Dec 2009 17:01:21 -0500, "Steve W." wrote: I think the last number I heard was that you could take your hourly rate and figure that 2/3 of it could be added on just to keep you as an employee. So if you're earning 60,000 a year it is costing the employer closer to 100,000 just to keep you as an employee. That's cheap. My (internal, before profits) chargeable cost is 2.5 times my before tax pay rate... Mark Rand RTFM I use 2.0 as a rule of thumb. Best regards, Spehro Pefhany -- "it's the network..." "The Journey is the reward" Info for manufacturers: http://www.trexon.com Embedded software/hardware/analog Info for designers: http://www.speff.com |
#8
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America's Archaic Election System
"Steve W." wrote in message ... It always amazes me where folks talking about any benefits or taxes seem to think the money comes from. They don't seem to think about the fact that the company pays out a LOT of money to pay for those "benefits" and what it actually costs just to keep them employed. I think the last number I heard was that you could take your hourly rate and figure that 2/3 of it could be added on just to keep you as an employee. So if you're earning 60,000 a year it is costing the employer closer to 100,000 just to keep you as an employee. There is a LOT of overhead involved and they just keep piling more on. I looked into opening a new garage a couple years ago. Prior to even opening the doors I figured on spending 1.8 million dollars! -- Steve W. It costs me 1.5 times an employees pay. Often, they only comprehend their take-home. |
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