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koods
Ribbit



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Re: Devalue wealthy Americnas currency [Re: koods] 1
#22435861 - 10/26/15 12:35 PM (8 years, 3 months ago) |
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Webster, we aren't talking about corporate taxes.
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Patlal
You ask too many questions



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Re: Devalue wealthy Americnas currency [Re: qman]
#22435863 - 10/26/15 12:37 PM (8 years, 3 months ago) |
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qman said:
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Patlal said:
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koods said: We don't need to devalue their money. We just need to tax their income. All their income. Nothing wrong with a tax rate of 40% for both earned income and capital gains. You think rich people will decide to not be rich anymore just to avoid a higher tax rate? The US became an economic superpower when tax rates were far higher than 40%. Now we have a situation were people that go to work everyday pay higher taxes on that money than someone who earns their income by investing and letting their money do all the work for them. Income should all be treated the same no matter where it comes from.
Rich people own the corporations that give you employment and therefore feed your family Rich people own the politicians
Now you want to make the public budget increasingly more dependent on them? That means if they leave, you have to cut services... In that kind of tax the rich model, it is within societies interest to make sure that the guy who makes a million this year makes 2 million next year so he'll contribute more. The top 1% pays 45% of all taxes in the US... Treat them like the kings you are making them to be
Why don't you kneel and surrender your soul to them. It's heading that way, skips the steps and just do it already
"The top 1% pays 45% of all taxes in the US"
This isn't something anyone should be proud of, it's a disagree that the wealth is concentrated to so very few people.
The strongest economic years in the US (1950-80's) the wealthy paid less in taxes because they didn't have as much to be taxed.
At this point, I don't know how to stop inequality. You can't streghten the poor by weakening the rich.... Taxing them to poverty isn't cool either. France tried that. Now all the rich French guys live in Switzerland and France is still fucked.
All I want in the end is that the poor can manage to make enough money to keep up with the cost of living. Its logic to me. Social services buys social peace. Nobody wins when there are homeless people everywhere.
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Webster10
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Re: Devalue wealthy Americnas currency [Re: koods]
#22435869 - 10/26/15 12:38 PM (8 years, 3 months ago) |
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koods said: Webster, we aren't talking about corporate taxes.
We're talking about taxes in general, so Koods, we are talking about corporate tax rates. The rich are only staying in America because despite the stupidly high corporate tax rates, they can still cheat the tax system by channeling their profits through other avenues than ones that qualify as "earned income" and retain most of their profits. Take away that cheat and they will finally head for the lower corporate tax rates in other countries.
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Patlal
You ask too many questions



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Re: Devalue wealthy Americnas currency [Re: koods]
#22435872 - 10/26/15 12:38 PM (8 years, 3 months ago) |
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koods said:
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Patlal said:
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koods said:
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Patlal said:
Rich people own the corporations that give you employment and therefore feed your family Rich people own the politicians
Now you want to make the public budget increasingly more dependent on them? That means if they leave, you have to cut services... In that kind of tax the rich model, it is within societies interest to make sure that the guy who makes a million this year makes 2 million next year so he'll contribute more. The top 1% pays 45% of all taxes in the US... Treat them like the kings you are making them to be
Why don't you kneel and surrender your soul to them. It's heading that way, skips the steps and just do it already
If they leave? Where are they going to go?
Stop with this trickle down bullshit. Rich people are going to invest whether they are taxed at 15% or 40%. You are honestly saying that someone would rather not make any money than pay a higher tax rate and still be rich?
The top 1% owns 35% of the wealth. Seems very appropriate they be paying a large portion of the taxes.
I said nothing about trickle down economics, nor did I say anything about them investing or them not wanting to get rich because of taxes.
I said that taxing them more makes you more more dependent on them to a point where if they decide to move out of the country, you will take a big hit.
"it is within societies interest to make sure that the guy who makes a million this year makes 2 million next year so he'll contribute more"
That is trickle down economics
I'm talking contribute more in taxes. If he makes a million and pays 400k in taxes its good. If next years you help him make 2 million, he'll pay 800k in taxes. YOU win, by him being richer.
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Webster10
Up like Trump


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Re: Devalue wealthy Americnas currency [Re: Patlal]
#22435886 - 10/26/15 12:42 PM (8 years, 3 months ago) |
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Don't even bother arguing economics with Koods. He will petulantly label anything that is contrary to his own misguided opinions as "Reaganomics" and then smugly insult you.
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koods
Ribbit



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Re: Devalue wealthy Americnas currency [Re: Webster10]
#22435894 - 10/26/15 12:43 PM (8 years, 3 months ago) |
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Quote:
Webster10 said:
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koods said: Webster, we aren't talking about corporate taxes.
We're talking about taxes in general, so Koods, we are talking about corporate tax rates. The rich are only staying in America because despite the stupidly high corporate tax rates, they can still cheat the tax system by channeling their profits through other avenues than ones that qualify as "earned income" and retain most of their profits. Take away that cheat and they will finally head for the lower corporate tax rates in other countries.
I'm not talking about corporate taxes. I doubt Patlal is either. We are talking about people. Not entities.
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Ellis Dee
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Re: Devalue wealthy Americnas currency [Re: Hunter hunter]
#22435895 - 10/26/15 12:43 PM (8 years, 3 months ago) |
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Hunter hunter said: How can we effectively devalue the 1%'ers money?
Cut off their heads. It worked for the French. Unfortunatly the British never followed suit so we have to see their inbred freaks on Canadian coinage to this day. But you got to be careful because there's always guys like Napoleon who want to take power in the vacuum. A pesant rebellion is possible, but it really takes a lot of suffering to kick it off. For the french it started with starvation and food riots. What would it take to make the poor rise up here in America? And I think we'd see a far different outcome, probably homeland security shooting them dead in the streets and the middle class hiding in their homes with a gun.
I hate to break it to you but the social disparity isn't enough. As long as people can have full bellies there won't ever be an uprising of the poor.
http://www.britannica.com/event/French-Revolution
-------------------- "If the foundations be destroyed, what can the righteous do."-King Solomon And there was war in heaven: Michael and his angels fought against the dragon; and the dragon fought and his angels,
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Patlal
You ask too many questions



Registered: 10/09/10
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Re: Devalue wealthy Americnas currency [Re: Webster10]
#22435897 - 10/26/15 12:44 PM (8 years, 3 months ago) |
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Webster10 said: Don't even bother arguing economics with Koods. He will petulantly label anything that is contrary to his own misguided opinions as "Reaganomics" and then smugly insult you.
He makes good points. The Conservatives don't have the monopoly of economic knowledge. Liberals score solid points in some area. That's why one day I go far right and the next day I'm far left...
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qman
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Re: Devalue wealthy Americnas currency [Re: Patlal]
#22435902 - 10/26/15 12:46 PM (8 years, 3 months ago) |
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Quote:
Patlal said:
Quote:
qman said:
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Patlal said:
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koods said: We don't need to devalue their money. We just need to tax their income. All their income. Nothing wrong with a tax rate of 40% for both earned income and capital gains. You think rich people will decide to not be rich anymore just to avoid a higher tax rate? The US became an economic superpower when tax rates were far higher than 40%. Now we have a situation were people that go to work everyday pay higher taxes on that money than someone who earns their income by investing and letting their money do all the work for them. Income should all be treated the same no matter where it comes from.
Rich people own the corporations that give you employment and therefore feed your family Rich people own the politicians
Now you want to make the public budget increasingly more dependent on them? That means if they leave, you have to cut services... In that kind of tax the rich model, it is within societies interest to make sure that the guy who makes a million this year makes 2 million next year so he'll contribute more. The top 1% pays 45% of all taxes in the US... Treat them like the kings you are making them to be
Why don't you kneel and surrender your soul to them. It's heading that way, skips the steps and just do it already
"The top 1% pays 45% of all taxes in the US"
This isn't something anyone should be proud of, it's a disagree that the wealth is concentrated to so very few people.
The strongest economic years in the US (1950-80's) the wealthy paid less in taxes because they didn't have as much to be taxed.
At this point, I don't know how to stop inequality. You can't streghten the poor by weakening the rich.... Taxing them to poverty isn't cool either. France tried that. Now all the rich French guys live in Switzerland and France is still fucked.
All I want in the end is that the poor can manage to make enough money to keep up with the cost of living. Its logic to me. Social services buys social peace. Nobody wins when there are homeless people everywhere.
"I don't know how to stop inequality"
You create a tight labor market which destroys the high profit margins and gives a much larger distribution of wealth.
1. Fix the trade agreements or put up tariffs.
2. Boot out the illegals and their children.
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Patlal
You ask too many questions



Registered: 10/09/10
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Re: Devalue wealthy Americnas currency [Re: qman]
#22435909 - 10/26/15 12:49 PM (8 years, 3 months ago) |
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You sound like a guy on TV
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koods
Ribbit



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Re: Devalue wealthy Americnas currency [Re: Patlal]
#22435912 - 10/26/15 12:50 PM (8 years, 3 months ago) |
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Corporate taxes are too high. Income taxes are too low for higher incomes. Personal tax rates are at historically low levels in this country, there is plenty of room to raise them. The rich paid much higher tax rages when the US was growing at a much faster rate.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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koods
Ribbit



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Re: Devalue wealthy Americnas currency [Re: koods]
#22435916 - 10/26/15 12:51 PM (8 years, 3 months ago) |
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Boot out the illegals. Lol.
QMAN's solution to a better economy is to shrink it.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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qman
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Re: Devalue wealthy Americnas currency [Re: Patlal]
#22435924 - 10/26/15 12:53 PM (8 years, 3 months ago) |
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Patlal said: You sound like a guy on TV
Well he's spot on whether people like him or not. There's not one other politician that can even bring up those subject matters.
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Webster10
Up like Trump


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Re: Devalue wealthy Americnas currency [Re: koods]
#22435927 - 10/26/15 12:53 PM (8 years, 3 months ago) |
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koods said: Boot out the illegals. Lol.
QMAN's solution to a better economy is to shrink it.
What about job growth and higher salaries sounds like shrinking the economy to you?
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koods
Ribbit



Registered: 05/26/11
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Re: Devalue wealthy Americnas currency [Re: Webster10]
#22435936 - 10/26/15 12:55 PM (8 years, 3 months ago) |
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What about labor shortages and higher food costs gives you a hard on?
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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qman
Stranger

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Re: Devalue wealthy Americnas currency [Re: koods]
#22435950 - 10/26/15 12:57 PM (8 years, 3 months ago) |
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koods said: Boot out the illegals. Lol.
QMAN's solution to a better economy is to shrink it.
Every American would prefer having a smaller GDP is it improved their standard of living, let me ask you, how has the working class been doing the last 7 years with a larger GDP?
Should we bring in 100 million people from Africa to increase of GDP? Because following your delusional line of reasoning economic prosperity would be soaring.
Edited by qman (10/26/15 12:58 PM)
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Hunter hunter
See er


Registered: 04/02/14
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Loc: Pickin yer patch
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Re: Devalue wealthy Americnas currency [Re: Ellis Dee]
#22435955 - 10/26/15 12:59 PM (8 years, 3 months ago) |
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Quote:
Ellis Dee said:
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Hunter hunter said: How can we effectively devalue the 1%'ers money?
Cut off their heads. It worked for the French. Unfortunatly the British never followed suit so we have to see their inbred freaks on Canadian coinage to this day. But you got to be careful because there's always guys like Napoleon who want to take power in the vacuum. A pesant rebellion is possible, but it really takes a lot of suffering to kick it off. For the french it started with starvation and food riots. What would it take to make the poor rise up here in America? And I think we'd see a far different outcome, probably homeland security shooting them dead in the streets and the middle class hiding in their homes with a gun.
I hate to break it to you but the social disparity isn't enough. As long as people can have full bellies there won't ever be an uprising of the poor.
http://www.britannica.com/event/French-Revolution
Ha best reply yet!! Just kill the fuckers. Make them too afraid to spend their money. The magazines devoted to the fuckers that everyone is so obsessed with would just become our hit lists. They would no longer be flashing and flaunting how rich they are. They would have to go into hiding. We could still use the currency we have. No need to devalue it amongst ourselves. Dr's, nurses, and valued employees could still earn top dollar because they deserve it. Someone who just wants to take the free money however will also be on the list. Sorry ya lazy fuckers. Unless you have a medical reason.
Looks like we need to have a real election. Real people from universities and top thinkers will be amongst the elected officials. No such thing as a super pack.
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Eat the meat that’s at your feet.
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Webster10
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Re: Devalue wealthy Americnas currency [Re: koods]
#22435958 - 10/26/15 12:59 PM (8 years, 3 months ago) |
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Quote:
koods said:
Quote:
Webster10 said:
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koods said: Webster, we aren't talking about corporate taxes.
We're talking about taxes in general, so Koods, we are talking about corporate tax rates. The rich are only staying in America because despite the stupidly high corporate tax rates, they can still cheat the tax system by channeling their profits through other avenues than ones that qualify as "earned income" and retain most of their profits. Take away that cheat and they will finally head for the lower corporate tax rates in other countries.
I'm not talking about corporate taxes. I doubt Patlal is either. We are talking about people. Not entities.
And I'm talking about both, because both are related. At least you admit earned income taxes are too high. The tax bracket is just utterly dumb. The people that Obama tries to tax the heaviest don't even have that substantial of an earned income, they divert their money into other channels that are taxed at lower rates than what the average joe's income tax rate is. Obama's tax code is a failure. Vote Trump, he doesn't want to tax the poor whatsoever! Say goodbye to Obama's regime of poor-people-hatred and rich-people-loving. Say hello to a fair tax code.
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Asante
Mage


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Re: Devalue wealthy Americnas currency [Re: nice1returns]
#22435970 - 10/26/15 01:02 PM (8 years, 3 months ago) |
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Quote:
nice1returns said:
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Hunter hunter said: How can we effectively devalue the 1%'ers money?
By not using the paper money
Hi  This is the Gold Silver ratio:

Its average is about 60.
When over, buy silver. When under, buy gold.
-------------------- Omnicyclion.org higher knowledge starts here
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Webster10
Up like Trump


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Re: Devalue wealthy Americnas currency [Re: koods]
#22435983 - 10/26/15 01:06 PM (8 years, 3 months ago) |
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koods said: What about labor shortages and higher food costs gives you a hard on?
Labor shortages are caused by an extravagant welfare system that at times is so screwed up that people would literally make LESS money if they were to become employed. Cut down the handouts, and there will never be such thing as a "labor shortage" ever again. Mandate that the food companies fire the illegals, hire american workers and take the profit loss from their own ridiculous salaries. Don't let Big Food jack up the prices to compensate, make them pay for it themselves. They've done America a disservice by hiring the illegals and employing them for so long, let them pay the price.
Koods, let me ask you, are you in favor of the current situation? The poor immigrants, that we all know only come to America to escape domestic turmoil in their home countries, are being exploited by Big Food. Big Food is making these refugees work in slave conditions for a slave labor. All the while the evil white CEO's are cashing in and laughing. Does that sounds good to you? Really?
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