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Author Topic: Taxation - With A Little Rail Thrown In
sojourner
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In their arguments, Cantor et al talk about a low percentage of Amtrak travelers getting sleepers. But they don't seem to realize that's because there aren't enough sleepers! In fact, they don't really realize anything about Amtrak; they don't understand anything. They just want to cut it because Joe Biden is for it, or some other stupid gamesmanship reason like that. . . .
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Gilbert B Norman
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One of the reasons that politicians, party notwithstanding, like having inexpensive ancillary programs around is that they have something, such as in this case the Amtrak LD System, to kick around, "demand a congressional investigations", and make wind about 'wasteful spending'. It is just one of the rules of the game.

Surprise upon surprise to hear this from me, but I highly doubt if any measurable savings arose from either the Carter or Mercer (Clinton) Cuts; safe assumption that nothing arose from the Bush administration "prunings".

All told the recently announced 130 car order, which even though not presently funded past the first of five installments (the first installment is being funded from Amtrak's increased revenues; remember Amtrak need not return their appropriation if their passenger revenues increase - they'd best find some use for it as if you don't use it you won't get it next year), will be placed in service. Even if Amtrak itself is no bastion of enthusiasm over the LD trains (if they REALLY wanted to restore Sunset East, it would be running today), they, along with the Class I industry, accept the existing level of LD's will continue to be around.

Expansion, beyond additional Sleeper lines on existing trains? that's a different story.

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amtrak92
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I agree with you Sojourner. They just want to cut it as democrats support it. Classic Party of no
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Mike Smith
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Right... No to socialism.. No to Big Government, No to plaintiff lawyers bleeding companies dry, No to the hatred towards capitalism. We desperately need the Party of No, until we kick out of our House and Senate the people hurting our Nation.
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City of Miami
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Please take your distasteful diatribes somewhere else where you have worthy opponents. They have no place here whatsoever.
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train lady
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You left one big no, as I see it, out Mike. NO to all the big companies thst are bleeding middle America dry with their tax loops and concessions.
Miami. I must say I agree with you. We shold be ablew to diagree or have different opinions without name calling or meanness.BTW I am an independent voter so I try to see both sides.

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Mike Smith
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OK< I'll modify my post.

However, companies do not pay taxes nor do they receive loopholes or concessions. As an example...
If you bought a gallon of milk this week, you paid $1.50 for the milk and $1.00 in taxes.
The farmer rolled his taxes into the milk
The transportation company rolled their taxes into the milk.
The processor rolled their taxes into the milk.
The transportation company rolled their taxes into the milk.
The wholesaler rolled their taxes into the milk.
The transportation company rolled their taxes into the milk.
The retailer rolled their taxes into the milk.
Then you paid for the milk and your share of their taxes.

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Mike Smith
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quote:
Originally posted by City of Miami:
Please take your distasteful diatribes somewhere else where you have worthy opponents. They have no place here whatsoever.

Are you referring to Amtrak92?
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Gilbert B Norman
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Mr. Smith, you give an excellent example of how the Corporation Tax, which as I always told my clients when I had to listen to the "they ought to tax those rich corporations more' line, is a regressive tax - and in fact it is a regressive tax hidden so that John Q thinks it is a progressive tax on someone else.
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Mr. Toy
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If the topic is now taxes, the Bush tax cuts on the richest people should be allowed to expire.

Why?
Because the richest 1% of the population sucks up 23% of total household income, more than double their take of 10% in 1979. If the Bush tax cuts were to expire their take would be reduced to 20%, still double their share from 1979.

In the last 30 years, 90% of all income growth went to the richest 10% of the population.

Also in that time, CEO salaries went from being 30 times the average income of their employees to 300 times the average income.

They can afford higher taxes.

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Mike Smith
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Mr Toy, you have fallen for the media "big lie". Bush did not cut taxes on the rich.

Before Bush's tax cuts, the rich were paying 84% of ALL income taxes. After Bush's tax cut, the rich were paying 86% of ALL income taxes.

Bush screwed the rich into paying another 2% of all income taxes. While this link is not the link I used to get my 2% figure (IRS website) it should be able to explain it.
http://www.taxfoundation.org/files/ff70.pdf

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Mike Smith
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Thanks, Mr Norman. Feel free to use it. I have been using it for a decade or so...

You might want to change it to "rolled their taxes into the cost of the milk". That would not all fit on the same line, so I lopped off a part of my response to make it more readable.

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RR4me
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Well, I don't see much about Amtrak in this thread anymore, and the thread did veer pretty sharply, but I do have to comment that while the positions taken are polar opposites, I didn't see any name calling or meanness. As in all these discussions I've participated in (not on this forum), I'm always at some point reminded of Disreali's quote, "There are three kinds of lies: lies, damned lies, and statistics".
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amtrak92
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quote:
Originally posted by Mr. Toy:
If the topic is now taxes, the Bush tax cuts on the richest people should be allowed to expire.

Why?
Because the richest 1% of the population sucks up 23% of total household income, more than double their take of 10% in 1979. If the Bush tax cuts were to expire their take would be reduced to 20%, still double their share from 1979.

In the last 30 years, 90% of all income growth went to the richest 10% of the population.

Also in that time, CEO salaries went from being 30 times the average income of their employees to 300 times the average income.

They can afford higher taxes.

I agree, the superentendent of schools in my area, gets paid an undisclosed amount of money. If you drive by his house you can tell it is a lot. 3 BMW's, and a mansion on a lake. While the schools are having to lay off teachers, and force everyone to pay to go to public school. So his income is high. I say tax him more for it.
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Ocala Mike
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quote:
Originally posted by Mike Smith:
Right... No to socialism.. No to Big Government, No to plaintiff lawyers bleeding companies dry, No to the hatred towards capitalism. We desperately need the Party of No, until we kick out of our House and Senate the people hurting our Nation.

One overtly political post gives rise to another, Mike. Seems the "party of no" struck again, and was called out by one of my heroes on the House floor yesterday. This guy's got cojones the size of your state:

http://www.huffingtonpost.com/2010/07/29/anthony-weiner-911-bill-ballistic_n_664568.html

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Mike Smith
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Sure, Ocala... If you ignore the facts and let your emotions run wild, I can see where you might think he has some semblance of cojones. That illusion disappears just as soon as you start looking into the facts.

http://www.businessweek.com/ap/financialnews/D9H8NBM80.htm

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Gilbert B Norman
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Those ascribing to the "make trains not war" line of thought may enjoy "libby" Nick Kristof's Thursday Times column:

http://www.nytimes.com/2010/07/29/opinion/29kristof.html

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RR4me
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Well, I'll continue out on this thin limb, and state that this bill was feel good politics from the get go - at its core, $7.4B for an unspecified group of people for unspecified and unproven issues. If it wasn't for that magical "9/11" tag, I'm surprised ANY Rep. worried about fiscal responsibility would support it. But this is my last post on this thread - back to Amtrak for me!
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TwinStarRocket
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From the Kristof article: "..the United States, which used to lead the world in the proportion of young people with college degrees, has dropped to 12th." Wow.

And in health care outcomes, life expectancy, infant mortality we are well past 25th. But our rail system is the envy of the world, right? Well, it kind of used to be in the 40's.

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Gilbert B Norman
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Mr. Twin Star, I would presume you are addressing "passenger rail", as distinct from "rail".

For the 98% of the business, we're the best in the world....for that other 2%?.....well.

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sojourner
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Interesting how my post was interpreted as "classic party of no" when that was not what I said; what I thought I said was that the attitude of each party is to go against the other party often for no reason other than gamesmanship.

However, I do think Republican record on Amtrak has become abysmal; most of the Republicans who supported it are now out of office (Trent Lott, Kay Bailey Hutchinson, Gordon Smith, the ex-senator from Minnesota (name escapes me). And of course the current Secretary of Transportation.

OTOH, Mike S, not to go off on a tangent, but you should this out: http://watertown.ynn.com/content/top_stories/512468/court-documents--new-york-taxpayers-give--4-8-billion-to-businesses/

and plenty more like it in most states!

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Mike Smith
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sojourner, you have changed the subject from federal government to State government, and according to the tenth amendment, NY can do that.

However, I do agree with you. It is not a government function to give our tax dollars to private corporations without a return on the money, such as services the state needs, or direct benefits to the citizens of each State.(Think - companies that build roads or companies that furnish goods and service to the government, like copy paper and computers)

Giving tax dollars to companies to "create jobs" is ridiculous. Where is our benefit from that expenditure? However, States do have the right to do that. It is up the the citizens of that State to stop that practice, if they do not agree with it.

And yes, Amtrak is a legitimate expenditure of tax dollars. There is a significant part of our society that will not fly and cannot drive long distances. Amtrak, and to a lesser degree Greyhound, provides a national transportation need.

And FYI, Kay Bailey Hutchison isn't out of office, yet...

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irishchieftain
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quote:
For the 98% of the business, we're the best in the world
Since that serves imports to a greater degree than exports, it's not the "best" by any stretch.
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palmland
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Don't know that I understand your point, Irishchieftan. But I have to agree with GBN. Our rail freight transportation is second to none. Just watch the conveyor belt of intermodal trains on the transcon or nose to tail coal trains coming out of Powder River. Apparently our financial community feels the same, just ask Mr. Buffet. And these are jobs that won't be outsourced and is an industry that requires lots of capital investment to maintain the railroad which helps our beleaguered manufacturing sector.
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Mike Smith
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And keeps huge amounts of 18 wheelers off of our highways, cutting down on the traffic and maintenance.
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irishchieftain
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quote:
Don't know that I understand your point, Irishchieftan
All of those trains are sending our money out of the country. I'd rather replace them all with varnish. I no more believe those numbers than I believe the numbers out of the government; all I see with those freight trains is our trade deficit climbing higher.
quote:
keeps huge amounts of 18 wheelers off of our highways
Somehow I do not think so.

And also something tells me that it's 99 percent perception. Gemünden am Main sees a high number of electrified freights, something the US pioneered but gave up in spite of its higher efficiency than diesel-electric.

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Mr. Toy
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quote:
Originally posted by Mike Smith:
Mr Toy, you have fallen for the media "big lie". Bush did not cut taxes on the rich.

Before Bush's tax cuts, the rich were paying 84% of ALL income taxes. After Bush's tax cut, the rich were paying 86% of ALL income taxes.

The "share" of total tax revenue revenue paid by the rich isn't really the issue. Bush gave everyone a tax cut, but the rich got a smaller tax cut, so their "share" of total tax payments increased even as their actual taxes decreased.

What really counts when measuring the tax burden is what percentage an individual's income is taxed. The rich folk as a whole didn't see their taxes increase 2% under Bush as you imply.

Anyway, those tax cuts certainly didn't bring us to long-term prosperity as predicted. Instead they forced us to finance two wars on Chinese loans, leading us into quite a financial pickle. Letting the tax cuts expire (as scheduled under Bush's plan) on those who can most easily afford it will help reduce the deficit, making it less tempting to do a hatchet job on Amtrak's budget.

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Mike Smith
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Except the dems are talking about letting the Bush tax cuts expire... all of them. including the $300 tax cut all tax payers received. (10% tax bracket)

My thoughts are; everyone pays income tax if you are employed. 10% of all earnings would be fair to everyone. If you make $2,000 a year, you pay $200 in income tax. If you make $20,000,000 a year, you pay $2,000,000 in income tax.

There is no reason to penalize one class of citizens and give preferential treatment to another class of citizens. We all live here, we all should contribute to the financing of our government.

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Ocala Mike
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Another view:

http://willblogforfood.typepad.com/will_blog_for_food/2010/06/progressive-income-tax-not-progressive-enough-to-prevent-large-income-redistributrion-from-middle-cl.html

The guy can't spell Eisenhower (or maybe he misspelled it deliberately).

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Mike Smith
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Not accurate, Ocala. From 1980 to 1988, federal income tax revenue rose from $885 billion to $1,676 billion, almost doubling in 8 short years. The problem Reagan had was the congressional democrats promised to cut spending and, as usual, they lied.

The only fair way to raise the money for our Federal government is to tax everyone at the same rate. We are all supposed to be equal, right?

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train lady
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Mike I think what you are overlooking is the fact that $100 to one family may be the difference between food and medicine to another. the lower the income the harder it is to get by. Plus which it seems to me if we were all really equal everyone wwould make the same amt. of salary.Please correct me if I am wrong but isn't that what socialism is suppoed to be?
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Mike Smith
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Train Lady, none of us are equal, but we should all be equal under the law. If you pay 10% of your pay, then I should pay 10% of my pay to maintain our government. If you get 10 years in jail for robbing a bank, I should get 10 years for robbing that same bank.

I have been poor and there are resources I have tapped into to get food on the table. Someone that is poor should not be relieved of their duty to help finance our government.

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train lady
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Mike I ssee your point but I don't agree with you which makes neither of us right or wrong.
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Mike Smith
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Not true, Train Lady. I can easily be 70% right and you can easily be 30% right. [Big Grin] [Big Grin] [Big Grin]
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train lady
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You could be but you're not/ The heat has probably made your figures reverse!!
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Mike Smith
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Good come-back!!!
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train lady
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Thanks!!!
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irishchieftain
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quote:
Mike Smith wrote:
we should all be equal under the law

Careful with that statement. It was made explicit in the USSR's constitution, but we all know how "equal" they were there — a fulfillment of Churchill's prediction of "equal sharing of misery".
quote:
Article 34. Citizens of the USSR are equal before the law, without distinction of origin, social or property status, race or nationality, (gender), education, language, attitude to religion, type and nature of occupation, domicile, or other status.

The equal rights of citizens of the USSR are guaranteed in all fields of economic, political, social, and cultural life.

The European Union also has that "equal before the law" clause in the Charter of Fundamental Rights (Article 20), made binding by the Treaty of Lisbon. (And their government in Brussels is a carbon copy of the Soviet government.) Both the USSR and EU grant rights through the government, as opposed to the Bill of Rights recognizing that the people retain their rights.
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Mike Smith
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Not equal "before the law"; equal "under the law". There is a subtle distinction between the two. Our US Constitution is supposed to be the Supreme law of the land and we all should be treated the same under that Constitution.

And yes, I understand some of us are more equal than others.

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irishchieftain
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There should be no subtleties in distinction, since subtleties imply vagueness. Is there a blatant distinction? because a lot of self-professed and even legal authorities regard the two phrases as exactly synonymous, per the other phrase "legal egalitarianism" which is itself vague. (The state seal of Nebraska has "Equality before the law" on a banner within its field.)

As far as the Constitution goes, the Bill of Rights is the chief denominator between it and the constitutions of tyrannies. The Fourteenth Amendment, Section 1 guarantees equal protection of the laws.

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