Obama's "Redistribution of Wealth"

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Obama's "Redistribution of Wealth"

Postby Wreaking » Mon Nov 03, 2008 9:38 am

My wife and I went out to a restaurant for supper and as we got out
of the car and walked to the place we passed a homeless guy with a
sign that read, "Vote Obama, I need the money." We both chuckled.

Once in the restaurant our waiter, a nice enough college age dude,
had on an "Obama 08" tie. Again, we both kind of laughed, as he, too,
had given away his political preference. What a coincidence.

Now, our waiter did a heck of a job. I mean, he knew the menu, made
great recommendations, brought our salads right out, got the order to
perfection, checked in from time to time to replenish the bread and
our drinks. Attentive but not intrusive. Engaging personality and
great smile, worth every dime of his tip.

When he came back with the bill, I left the tip space blank, totaled
it up and gave him a credit card. He left our table for the register,
came back, and right before he gave it to me to sign, he looked down
at it, looked at me, then looked back down at it, then back at me.
I smiled, complimented him on his service, nodded to his tie,
shrugged, and explained to him that we were exploring the Obama
redistribution of wealth concept. He looked puzzled, then stood there
in disbelief while we told him that we were going to redistribute his
tip to someone whom we deemed more in need--the homeless guy we saw
outside on our way into the restaurant. Should have heard the snort
and seen him angrily storm off. Whoa, what an attitude. Again, we
chuckled.

We went outside, gave the homeless guy $10. We told him we had
decided that he could use the money more
than Eric and when he had a chance he ought to go inside, ask for
Eric, and thank him.

At the end of our rather unscientific redistribution experiment, it
was apparent the homeless guy was grateful for the money he had not
earned and the waiter was pretty upset that the money he had earned
had been given away. He was actually mad, even though the actual
recipient, under the Obama rationale, deserved the money more.

Redistribution of wealth is easier to swallow in concept than in
practical application.


***I didn't write this just thought it was amusing...
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Re: Obama's "Redistribution of Wealth"

Postby Zyzzerzazz » Mon Nov 03, 2008 2:08 pm

The rich should pay higher taxes because they receive greater benefits from the protection of the government; they have more property, and therefore more assets for the government to defend.
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Re: Obama's "Redistribution of Wealth"

Postby Bilnick » Mon Nov 03, 2008 2:30 pm

Zyzzerzazz wrote:The rich should pay higher taxes because they receive greater benefits from the protection of the government; they have more property, and therefore more assets for the government to defend.


They already do Zyzz.

The more income, the higher percentage of income is taken for taxes. The top 1% wage earners pay 40% of all income taxes, yet make 22% of all income.

The top 50% of wage earners pay 97% of all taxes, yet make 87% of the overall income.

The tax laws are already set up so that the top half pays almost all of the taxes, yet our next President wants to tip the scales even more.
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Re: Obama's "Redistribution of Wealth"

Postby Zyzzerzazz » Mon Nov 03, 2008 4:11 pm

Sounds good to me, working as intended!
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Re: Obama's "Redistribution of Wealth"

Postby Bilnick » Mon Nov 03, 2008 4:35 pm

Zyzzerzazz wrote:Sounds good to me, working as intended!


I bet your opinion changes when you move into the top 50% in a few years! (if you aren't already in the top 50%) I bet you pay a higher % of income taxes in 5-6 years than you do now. (unless you crank out 3-4 kids)



I would expect the tiered income tax system to remain in place as long as there are income taxes. The lines of the tiers and the percentages are the only thing that will change.
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Re: Obama's "Redistribution of Wealth"

Postby Ceruis » Mon Nov 03, 2008 5:09 pm

I don't give a damn if they make a 100 million dollars an hour for 40 hours a weel every week of the year. If 20% of a 100 bucks a week is the average Joe Hamburgerflipper pays in taxes then 20% is all Joe Gizillionaire should pay. Get rid of all the crazy loophole shit about having kids or donating the onced used billion dollar BMW to the Goodwill for a tax break and stick with a flat rate for everyone.
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Re: Obama's "Redistribution of Wealth"

Postby Hilf » Mon Nov 03, 2008 6:08 pm

if i was the server i wouldve found out where that guy works, go waste a shit ton of his time, and then not buy what hes selling, i hope that shit isnt a real story. I wouldve also said some tactless remarks toward the experimenting douche and called his wife ugly and fat. THEN, i would have remembered his name and his face that way if he ever came back, he wouldnt want to a 3rd time.....
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Re: Obama's "Redistribution of Wealth"

Postby Bilnick » Mon Nov 03, 2008 6:15 pm

Hilf wrote:if i was the server i wouldve found out where that guy works, go waste a shit ton of his time, and then not buy what hes selling, i hope that shit isnt a real story. I wouldve also said some tactless remarks toward the experimenting douche and called his wife ugly and fat. THEN, i would have remembered his name and his face that way if he ever came back, he wouldnt want to a 3rd time.....


And then you would have been fired....

Tips are not mandatory are they? (and before you climb on my back, only once have I not tipped a waiter/waitress)
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Re: Obama's "Redistribution of Wealth"

Postby Fenina » Mon Nov 03, 2008 6:19 pm

If they were mandatory they should be itemized on the receipt.
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Re: Obama's "Redistribution of Wealth"

Postby Telocbea » Mon Nov 03, 2008 6:46 pm

Tips arn't mandatory, but they are a direct part of (most) servers wages. Restaurants can get away with only paying below min wage (like $2/hour) because the tips bring the emplyee's wage above the min.

Like Hilf I would be upset. What work or service did the homeless person provide to earn that wage, or is he at making an effort to find employment or contribute to society in some way? Also, by directly taking the full amount from the server, they imposed a much higher tax (10% increase?) than if the amount was taken from every customer and every emploee of the store (0.01% increase).
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Re: Obama's "Redistribution of Wealth"

Postby Fenina » Mon Nov 03, 2008 7:28 pm

Urgh that is just wrong. Min wage should be min wage not min wage - $xyz.00 but that is a different discussion. Or in that case there should be a minimum charge to the customer for service.
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Re: Obama's "Redistribution of Wealth"

Postby Hilf » Mon Nov 03, 2008 7:53 pm

last year i made $2.13 an hour + tips, after some voting, i now make $3.90 an hour + tips. My paychecks are still $0 no matter which you choose. As a server i have stiffed someone before, but only because they did absolutely nothing for my table. I know when someone is a good server or bad and let me give any of you who have never ever served before some advice (offtopic i know sorry, just irks me to read something like this). Your server will remember who you are when you treat them poorly or tip jack shit. If you know you are an asshole at a table, tip well and youll get no problems. If you are the nicest person in the world and you stiff me, the next time you come in...you'll pay, and not with money. In any case if you dont feel a server deserves a tip, a surefire way to let them know is to leave them a 1-5% tip. At least a $0 tip can be a mistake if the person takes the credit card slips, or forgets to add cash. Making sure to leave a really low amount, like $2 on a $100 check, will make the server mad, but let them know they did a shitty job.
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Re: Obama's "Redistribution of Wealth"

Postby Wreaking » Tue Nov 04, 2008 9:33 am

Fair is all in the eye of the beholder eh? How it affects me.

My company CEO just sold our company recently, he made a good bit of money yes. But he invested alot of money and time into that company in the first place. Without doing so I wouldn't have a job to begin with. So just remember when you "redistrubte" wealth it SHOULD be about who put in the most effort, that was the whole point of the message and thanks hilf for proving that point. The server was for the very thing he really didn't want unless it didn't affect him.

You overtax the rich and how can they spend money on research and open up new jobs? I guarantee you if they took all the wealth of the USA and divided it equal tomorrow that many would squander away that wealth in a year or less. Sure some people have a silver spoon handed to them, but their parents or grandparents busted their arse for it. Was some of it unfair, yes, people have bad breaks, unfair bosses, unethical means, etc.

Personally I agree with a flat out sales tax, with food being exempt from taxes.
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Re: Obama's "Redistribution of Wealth"

Postby Bilnick » Tue Nov 04, 2008 4:45 pm

What I fear is that Obama's "redistribution of wealth" could cost me hundreds of thousands of dollars.

I support a sales tax that would replace an income tax as well.

A sales tax would tax people evading the income tax system. People working under the table, illegal immigrants, etc. It would also tax guests of our country...vacationers, guest workers, etc.

A sales tax would still tax the rich more as they likely spend more than a guy making 40k a year.

A sales tax would eliminate a ton of loopholes in the current income tax system.

A sales tax would not reward people for carrying debt like the current income tax system does. (how come a guy who borrows money for a house gets a tax break, but the guy who owns his house doesn't?)

Oh well, I have a feeling it is gonna be a rough 8 years for working people.
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Re: Obama's "Redistribution of Wealth"

Postby Hilf » Tue Nov 04, 2008 8:24 pm

a sales tax would allow me to make $1000 a night at poker, like last night, and not go to prison if i get audited
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