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Automotive News & Views Can GM make Cadillac the standard of the world Again?
6098 messages, Last post on Aug 14, 2009 at 4:43 PM
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Replying to: habitat1 (Jan 04, 2008 10:18 am) You dont mention wealth allocation. If the top 5% have 90% of the wealth (dont know exact numbers) it would only make sense for them to pay their share in taxes. The lower half of Americans down own much and thus shouldnt be expected to pay as much as the rich. And of course this only considers federal income taxes, not all taxes paid. The lower half of society pays plenty in sales tax, gas tax, state/local income tax and property taxes.
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Replying to: mr215 (Jan 04, 2008 11:24 am)
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Replying to: mr215 (Jan 04, 2008 11:29 am) You can get those exact numbers by clicking on the link I provided or doing a 60 second google search yourself. The top 5% have 33% of the income, but pay 57% of the income taxes. the bottom half have 18% of the income, but only pay 3% of the income taxes. In other words, even factoring in welath, the top 5% pay over 10 times more income taxes in proportion to their income than the lower 50%. As for other taxes, it is almost equally disproportionate. Liberals cite sales tax, but forget that estate taxes are ONLY paid by the wealthy. And in terms of the government funded services that are paid for by taxes, the consumption is disproportionate to the lower half. Imagine if they tried to do this with a toll bridge. The first 20 folks that crossed would be free, the next 30 would pay a nickel, the next 40 would pay 50 cents, the next 8 would pay $10 and Warren Buffett and Bill Gates would pay $10,000 each. That's about the way it is. And the folks paying nothing or a nickel are complaining?? |
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Replying to: mr215 (Jan 04, 2008 11:29 am) |
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Replying to: tntmyth (Jan 03, 2008 9:13 pm) |
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Replying to: fintail (Jan 04, 2008 11:52 am) Famous last words. Sorry to pick on you, but may I respectfully suggest you don't "believe" a damn thing. Thanks to the internet and those wealthy Google guys, it's easy to get the actual facts, so that you can "know" them for yourself. Rather than get them filtered through and misquoted by CNN, Fox or pray tell, even from me. There is a point to all of this. Several posts ago, I offered to set aside my "belief" that Cadillacs are still the same old sub-par underwhelming cars from the 70's 80's and 90's and go out and gather some knew "knowledge" with an open mind. But darn it if the folks here who keep making conspiracy excuses for GM don't have me tempted to say the heck with it. Sometimes I think diehard GM supporters are its own worst enemy.
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Replying to: habitat1 (Jan 04, 2008 10:18 am) I started the wealthy issue. My comment is only that just because you are wealthy should not mean you should get away with breaking the law. And my real reason for stating it is that with the new CAFE laws and if the US puts teeth behind it, Mercedes/BMW and everyone else will not be driving 400 hp gas guzzler V8's. They will have to do something to get the current 16 mpg up to around 33 mpg or so based on their footprint. Good luck with that with a gas V8. And yes the old SUV's got low mpg and they are taking a hit in sales as they should. Lets not get into an SUV is a devils mode of transportation forum. There are plenty of those sites out there. We drive one because we need to haul 4 kids and I carry lots of huge home building stuff and a car will not do. So I am a soccer dad and am happy to be here. |
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Replying to: habitat1 (Jan 04, 2008 12:09 pm) Cadillac is making nice vehicles regardless of what anyone says here. Not sure why you would base your car purchase decision on how you feel about comments made here. It seems like you are threatening Cadillac but I dont know why. Also, I dont get your comments about "GM supporters" being GM's worst enemy. Who are you targeting with this vitriol? who is telling lies about Cadillac? You dont have to do much research to know that CAdillac is making better vehicles these days. this is common knowledge to anyone who follows the industry. |
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Replying to: habitat1 (Jan 04, 2008 12:09 pm)  . A quick google finds numbers pretty much on the nose of what I had in my head The world is going to become a dangerous place for crony capitalists as these trends continue and the chasms widen.
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