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ORIGINAL: Mercnbeth

Thompsonx - As expected - me again, no substance no reply, no rebuttal. You've kept notes and reference them daily as indicated in your replies specific to those reference. Obviously I have been, and will continue to be open, and disclosing. So...you want to make this a personal topic - lets keep it personal - Let make this about you 'x' and see if you are man enough to do the same as I've done and disclose about yourself as much as you have kept in reference about me.

Other than post on CM what do you do with yourself during the day to make a living?

What regular medication to you use, and can't to without, to function? Is it legal in every State and every country you've ever used it?

How much tax did you pay as a percentage of your gross income? (I doubt you paid any.)

How much is your income coming off the government tit? Do you justify it by some 'service' provided in the distant past?

How much do you earn, and what entitlements do you receive which will be curtailed and/or eliminated if the government wasn't being run as a charity?

Exactly how long did you attend school? I want to know this because to be as ignorant as you are I want to make sure none of my children ever do the same. I'd expect you at minimum attended graduate school.

The practice of entitlements and government charity has a cost - you obviously don't know how it works and can't appreciate it - seeking only to insure whatever you get, you keep, and get increased. You seek more return for less effort. Distinguishing you from productive, and socially contributing people, such as me. I see your envy and jealousy and your laziness. Attempting to attack and insult me serves to prove the point.

But what about you 'x'? Beyond having the reasoning skills and ability to use the quote function, and your biggest need for attention personified not only by what you post, but your attention seeking use of 'BOLD', how do you justify the taking up the valuable air you breath?

Over the years - ALL that information about me, and beth for that matter, has been disclosed. Other than you being a functioning idiot, little is similarly known about you. And, although much has been assumed, why not get on equal footing?

I doubt you are up to this challenge. I doubt you can get 'up' for anything, with your life best represented as one deep dark hole. But since you like taking on every post I make as an opportunity to try to take me on personally, and since the 'new wave' of Collar Me 'moderation' allows for it - lets see what you got!

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How is any of this germain to this thread?

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ORIGINAL: thompsonx
I find it interesting that you, who brags constantly, that you will take advantage of every entitlement you are entitled to seem to be castigating those who act like you
On the other hand it is consistant with your college drop out anti-itellectual bias that you point out the costs of education as being a major factor in New Jersey's financial problems.

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If you want to talk about me perhaps you should start such a thread

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ORIGINAL: Mercnbeth

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How is any of this germain to this thread?

Let's see - what was germane to the OP in your first response. (My level of education didn't provide a reference to the word you used "germain" - however, if it was a reference to ethic background none of my family comes from anywhere near Bavaria.)

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ORIGINAL: thompsonx
I find it interesting that you, who brags constantly, that you will take advantage of every entitlement you are entitled to seem to be castigating those who act like you
On the other hand it is consistant with your college drop out anti-itellectual bias that you point out the costs of education as being a major factor in New Jersey's financial problems.

You reference me 6 times. You provide argument against the position taken by the quoted article 0. You are consistent - close, but no cigar to the word you spelled.

My posts don't reflect and "anti-intellectual" (or even as your educational results would spell it- "anti-itellectual") bias - I do have an ignorant bias and appreciate that my posts may seem as an attack on you and your intellectual situation. What can I say - collateral damage often can't be avoided. However, I'll give you this much, your position is NOT a result of paranoia - it is REAL.

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If you want to talk about me perhaps you should start such a thread

Why - you don't have that excuse and seem to talk about me every thread.

Guess we can add 'coward' to your resume!

PS - THANKS for quoting me in entirety. I'm practicing my 'thompsonx' bold-ing skills. I think I have it down - What do you think?

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ORIGINAL: thompsonx
I think you are having a tough time staying on topic.
I think you have not answered any of the questions posed to your op.

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I think you would prefer to address spelling errors rather than actually answer any questions posed to your op.

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I think you would rather call me names rather than actually have a discussion about your op.

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I think the questions in my original post concerns why you think entitlements are bad but you tell us constantly that you take advantage of all you can get.

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The second being why do you let your anti-intellectual bias drive you to castigate public spending on education?

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ORIGINAL: Mercnbeth


Do you understand that the person quoted didn't post the article on CM and won't be answering you?

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From my vantage point, the "tapped out" reference applies to wealthy investors. The focus you have on an individuals wealth is a short sighted view of the economic world and indicates a lack of understanding about how investments are made.

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No wealthy person, for the sake of argument maybe there have been a few, has been taxed into poverty. MANY have been taxed out of investing. The result is fewer individuals having the opportunity to work and earn a living wage in the businesses and industries where the wealthy have been taxed into staying on the sidelines.

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You don't need to take my first hand representation of that factual reality. Each and every place where there has been a trend of high taxes, CA and NJ being obvious examples, tax revenue has gone down dramatically. The result is a direct consequence of the wealthy being taxed out of the incentive to invest.

Feel free to bring up more irrelevant points regarding the tax code.

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So you just randomly post things you don't agree with just for the sake of bringing new and interesting things to CM?

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Well feel free to enlighten me Merc with your vast understanding of finance.

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I certainly didn't have to wait long

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Feel free to provide some documentation of that "factual reality".

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Sorry to cut this short, but you'll have to excuse me - I'm out to go spend some tax money and go to a wonderful seafood dinner at a restaurant at the Redondo Beach Harbor with beth and a client and his wife, to be deducted fully on next years taxes.

thompsonx - It that the kind of thing you associate with me getting "entitlements"?

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I get ZERO entitlements, that I can think of off the top of my head.

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The second being why do you let your anti-intellectual bias drive you to castigate public spending on education? Once again your ignorance is inhibiting you. My bias is against spending money when the State and County are pragmatically bankrupt. Were you to have any reading comprehension skill, you'd appreciate that is what is being attempted by the NJ Governor. Is it beyond your IQ to talk about that issue?

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When there is no incentive to invest the "wealthy" stay so, by not investing. Where do you see large scale investment in the current economic environment?

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More taxation, more regulation as has been implemented to date at the State level as documented has produced not only less investment, but less revenue.

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ORIGINAL: servantforuse

First it was Merkel in Germany, then Sarkozy in France and Cameron in the U K. These three countries are all slowly changing to a less socialist point of view and changing to a more conservative way of life. I hope that "change" finally takes hold in the good ol USA. Little by little I think it is.

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ORIGINAL: Fellow

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Mercnbeth: No wealthy person, for the sake of argument maybe there have been a few, has been taxed into poverty. MANY have been taxed out of investing. The result is fewer individuals having the opportunity to work and earn a living wage in the businesses and industries where the wealthy have been taxed into staying on the sidelines.

Here is a nice set of graphs showing how wealth is spread in the US:
http://www.businessinsider.com/15-charts-about-wealth-and-inequality-in-america-2010-4#the-gap-between-the-top-1-and-everyone-else-hasnt-been-this-bad-since-the-roaring-twenties-1
These are 2007 numbers. Since the picture has become even more contrast.
Clearly there is a problem. Regardless of taxes a lot of wealth moves out of capital circulation and suppresses economy as a whole.
The interests of super wealthy do not coincide with the normally functioning economy. At the same time sizable  parasitic class emerges. Serving wealthy creates some odd phenomena like gossip industry, explosion in the number of high fashion designers (about 1000 times in last 20 years) and others.

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ORIGINAL: thompsonx

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ORIGINAL: Aileen1968

Ya know....I haven't looked up numbers. I do know that for 2009, for our house, we paid about $14,500. We were assessed at $425,000.
Over $10,000 of it was school tax.

We have a cap on property tax 1% of the purchase price and 2% increase per year of the tax. They can only add to the value of your house if you make improvements like adding a room or such.
The state takes about 50% of the property tax and use it for schools.
A friend of mine just bought a tudor two story 3,000 sqft on the beach front in newport for $500 k. So her property tax this year will be $5,000 and next year they will be $5,100.
School teachers here get about $65K with two masters a credential and ten years on the job. You wont get much more than $75k unless you become an administrator.
I on the other hand live on ten acres at the beach that has no water (desert) two zillion miles from nowhere. My property taxes are now, after 25 years, are about $50.00 per year.

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ORIGINAL: Mercnbeth

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So you just randomly post things you don't agree with just for the sake of bringing new and interesting things to CM?

Your response was "The wealthy are "tapped out"?" was NOT a reference to anything I posted - it came from the source document.

You have not provided ANY evidence that the position taken by the article was incorrect. I'm on record agreeing with it for the reasons stated. You disagree based upon what exactly - hollow rhetoric?

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Well feel free to enlighten me Merc with your vast understanding of finance.

Appreciate your desire to learn. When there is no incentive to invest the "wealthy" stay so, by not investing. Where do you see large scale investment in the current economic environment? More taxation, more regulation as has been implemented to date at the State level as documented has produced not only less investment, but less revenue.

You may desire to be pissed on by your "golden shower" economics you referenced, but to get the private sector working and creating jobs not funded by tax dollars you have to have create some incentive. If you do so - perhaps you will achieve your goal of being pissed upon.

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I certainly didn't have to wait long

But as is the case with you - I'll have to wait forever for a factually based and documented response from you in opposition with not only the position being taken by the Governor of NJ, but my position of support. Obviously it is way beyond your ability to do so.

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Feel free to provide some documentation of that "factual reality".

US Unemployment rate is 10.2%
Or do you still hold the position that there hasn't been enough time and "all is well!"?

Sorry to cut this short, but you'll have to excuse me - I'm out to go spend some tax money and go to a wonderful seafood dinner at a restaurant at the Redondo Beach Harbor with beth and a client and his wife, to be deducted fully on next years taxes.

thompsonx - It that the kind of thing you associate with me getting "entitlements"?

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The real effect of anything Mr. Christie does won't be felt until the next budget cycle. Please stop acting as if he has actually "fixed" anything when all he has done is proposed.

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I'd offer that in the case of teachers they are probably the most underpaid of any Professional Group in the Country. And, yet, most people say they are overpaid. I honestly don't get that.

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Your situation exemplifies why using property taxes per local district is a horrible way to fund equitable education.

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In the private sector the symbiotic relationship between a viable entity and its employees serves both sides well. The common interest is the viability of the company. Compromise is necessary by the unions to keep their workers employed.