Fed likely to keep raising rates

Re:Fed likely to keep raising rates by briandear on Thursday October 11, 2018 @11:22PM (#18198936)

Speak for yourself. I am not overpaid. I get paid exactly what the market for my skills is willing to pay.

$15 per hour for a teenager to sweep floors — now that’s being overpaid.

If you think you are undertaxed, there is a solution: https://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm

In 2018, just over $700,000 has been donated. So clearly all of us “overpaid” people don’t really care.

I pay taxes for public transit I don’t use, public schools my kids don’t attend, healthcare I don’t consume, wars I didn’t ask for, bridges in places I’ll never go. I subsidize food for people I’ll never meet, housing, universal service fees; I pay sales taxes on everything, excise taxes created to pay for a war almost 100 years before I was born, subsidies to farmers, oil, green energy — we pay for all of this stuff. I am on with paying taxes, but dammit, I pay enough already. Over half of everything I earn goes to pay for government. I even had to pay US taxes when I didn’t even live in the US.

I understand taxes are necessary; but it’s not fair that I work 1 day for the government for every 1 day I work for myself. It doesn’t matter how much I get paid, what matters is that half of everything I do goes to taxes.

I worked very hard to get to where I am — that ought not result in being punished for it.

I consume just as much “government” as the guy standing next to me; why should I have to pay more than him?

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Re:Fed likely to keep raising rates by Latteland on Friday October 12, 2018 @11:40PM (#18206295)

I am paid what the market allows also. I pay tons and tons of taxes too! But it's not better for society if people like me get together and take over the government via regulatory capture and get lower taxes just for us (like paying all the senators to do things we like via campaign contributions and. hiring them when they retire). How much taxes do you think you should pay? Less than everyone else? What if your kids or your nephews say, aren't quite as fortunate as you are, they are sweeping the floor somewhere, and they get sick or in a car accident? Should they just die, or depend on the kindness of strangers or a rich aunt? I think we should take care of the poor, the kids who weren't lucky enough to be born to someone who was rich or a programmer (I was lucky and born to two college graduates, and one was even a programmer :-)).

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