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Forum General Discussion Who Determines Fair Share & How Much I'm Allowed to Keep?

Who Determines Fair Share & How Much I'm Allowed to Keep?
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9:52 pm
October 6, 2011


NonParticipant

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I watched the small group of you today from my 38th floor downtown office window.  The office I've had for the last 10+ years, working in the Oil & Gas Industry for the past 27+ years.  I just got a raise & a bonus.  As I watched your little band, I wondered:  Who among you is qualified to say how much I should be allowed to make?  How much is enough?  Who draws the money line? What is my fair share of the pot, and what will you do to make sure I only get my fair share?  Who will be in charge of those decisions?  Will I be fairly represented by this decision-maker, or will I be punished because I've worked hard for over 30 years, saved my money, invested well?

Lest you think I'm some princess who doesn't know real life, let me say nay-nay.  I started out as a school teacher, and cleaned houses to supplement my teaching income.  When I married, my new husband was laid off the day he returned from our honeymoon.  I've had many ups & downs during my O&G days, and my husband had many years in an industry which has been severely affected by mergers.  There have been times when we were both laid off at the same time and had no health insurance.  Yet we kept on, persevered, worked at McDonald's, babysat, cleaned homes, had one car with no A/C in Houston.  You get the picture?  Where I am now is NOT luck, is not privilege, is not the good 'ole boys club *as I am female*.  Where I am now IS getting up every day, putting one foot in front of the other, continuing to watch & learn from the world, never giving up, never saying never.

Remember the revolution in Russia? That worked out really well. What about Animal Farm?  All is rainbows & unicorns. And then….

ALL ANIMALS ARE EQUAL
BUT SOME ANIMALS ARE MORE EQUAL THAN OTHERS.

When you demonstrate that you can make financial decisions for me, and the other 338,000,000+- citizens of this great country, that are totally totally fair, non-punitive, non-partisan, non-biased, non-judgmental, then I will take you seriously.

Until then, just remember how Animal Farm ended: Four legs good, two legs better.

10:17 pm
October 6, 2011


Opportuny Poole

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Okay, let me help explain as one oil company worker to another….

 

This is not a group trying to take all your money because you are rich.  In fact, I'm sure that the majority of the occupiers would be glad that you've succeeded in digging yourself up from the bottom. However, the group is upset about despicable practices that some of those in charge of the some companies have been implementing.

Additionally, the rate of pay of an average CEO to an average worker does not reflect the amount of work that the CEO has done or the amount of investment has been put into the job.

 

In 1950, this same rate was 30:1, which is a much more palatable number.

 

Regarding the practices. I can speak for my own company for forcing the employees to sign waivers preventing them from being able to sue, leaving employees and previous employees without the right to stand up, having a mediator make the decision for the two parties, instead of putting it before a judge.

 

As far as what is enough? Closing tax loopholes and capital gains loopholes would be a start. There's a 35% upper margin there for a reason, and some people are avoiding it. I'm not addressing you as avoiding it.  Additionally, we were good with the 39% rate prior to the Bush tax cut. We need to pay the debt, and it cannot all be done by reduction measures.

 

I'll be happy with such a small raise in my taxes.  I'm more interested in bringing America out of this horrible position it is in. You see, we are doing this because we ARE patriots.
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