Let Capitalism Work! Tax the Rich!

Discussion in 'Politics' started by WatertheTree, Oct 25, 2011.

  1. WatertheTree
    Offline

    WatertheTree Senior Member

    Joined:
    Sep 9, 2011
    Messages:
    1,804
    Thanks Received:
    167
    Trophy Points:
    48
    Ratings:
    +167
    The common mantra amongst just about anyone that knows the economy is that Capatalism is good because it shoots productivity through the roof. This is true, allow people the chance to make there own fate and they are highly motivated to make something of themselves.

    Also the common mantra amonst most neocons and people that are pushing for tax cuts for the rich is that it will create more jobs. The way to create more jobs is for rich people to get to work. To invest that money and expand there business and to hire people. They arent going to get any richer unless they work harder! They arent going to get richer unless they deserve it!

    Instead of trying to give them everything they want, why dont we start taxing them harder, to give them an incentive to work?? This really isnt that radical of an idea, its something these same people have been doing to the working class of people. Paying them less so they work harder.

    Can anyone explain to me why giving rich people everything they want, and allowing them to gain wealth and riches beyond measure, will create more jobs?? Especially considering that is counterproductive to the basic rules of capitalism??

    Or is our economic model better represented by capitalism for the poor, socialism for the rich?
     
    • Thank You! Thank You! x 2
  2. auditor0007
    Offline

    auditor0007 Gold Member

    Joined:
    Oct 19, 2008
    Messages:
    12,566
    Thanks Received:
    2,255
    Trophy Points:
    255
    Location:
    Toledo, OH
    Ratings:
    +3,218
    You are actually on to something here, although it is not a new idea. As companies continue to sit on enormous amounts of cash, it seems that we need a tax structure that will reward businesses for re-investing their profits rather than sitting on them, kind of a use it or lose it scenario.
     
    • Thank You! Thank You! x 1
  3. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    That's essantially the model we have right now.

    I don't suscribe to your solution for that, right now, though.

    Increasing taxes in a deflationary balance sheet depression is a bad idea.
     
  4. WatertheTree
    Offline

    WatertheTree Senior Member

    Joined:
    Sep 9, 2011
    Messages:
    1,804
    Thanks Received:
    167
    Trophy Points:
    48
    Ratings:
    +167
    We live in a zytegyst where people believe that taxes should be spread evenly amongst people, but thats based entirely on a failure to take into account where the money in the money supply is. If we were a nation of 100 people and 10 of them had 60% of the money in the money supply then you cannot honestly say that they are equal people. The idea that rich people should be taxed the same as the poor is a joke. Taxes should go where the money is and it should be a tool to encourage equality, not to strengthen the divide.

    We used to be a nation that understood this, in the late 40s rich people were taxed for more then what they got to keep, and they still lived like kings. This was a time when 1 income easily supported a family of 5. Now it takes two incomes to hardly support a family of 3. Could it be that government has been making it to easy on the top 10%???
     
  5. WatertheTree
    Offline

    WatertheTree Senior Member

    Joined:
    Sep 9, 2011
    Messages:
    1,804
    Thanks Received:
    167
    Trophy Points:
    48
    Ratings:
    +167
    I think we need to shrink government and issue huge tax cuts on the middle class. I think we need to shift taxes onto the rich. If the current rich dont dont want to play ball cause its not profitable enough then fuckem. I am sure there are plenty of middle class people that would appreciate a larger income, even if the government keeps more of it. Small business taxes should be eliminated. Big business taxes should be increased. We have no equality because our government does not promote it!

    Just because I advocate a tax system based on promoting equality does not mean that I do not support ending government spending, or tax cuts for small business.
     
  6. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    Yeah i think I understand where you're coming from.

    I just don't think that rasing taxes, not even on the super rich right now is a good idea.


    I also don't think cutting government(s) spending is a good idea, either.

    The notion that taxes can be FAIR, in a society where incomes are not also FAIR is the childish notion of right wing cranks.
     
  7. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    Do you have any idea what the fuck you're talking about? No, I didnt think so either.
     
    • Thank You! Thank You! x 1
  8. WatertheTree
    Offline

    WatertheTree Senior Member

    Joined:
    Sep 9, 2011
    Messages:
    1,804
    Thanks Received:
    167
    Trophy Points:
    48
    Ratings:
    +167
    Raising taxes on the rich will likely cause them to 'strike' on creating jobs, as we have seen so and so headlines recently. Thats fine. Fuckem. If they dont want to play they dont have to, they can just sit on there capital and slowly watch it dwindle.

    In the meantime the government should be funding small and medium business to pick up the slack when the others strike.

    Why do we have a mentality that the rich have to have everything they want?? As if the entire planet is not a long line of people waiting to take that position, and for less pay. I say raise the taxes on the top 10% by a fair margin and use the money generated to fund loans for small business. Were talking about giving big business and rich people competition. Why do they deserve such protections and elevated positions within our society?

    The answers are never complicated guys, they are only made complicated to give excuses for a government that works to keep things exactly as they are.
     
  9. MiddleClass
    Offline

    MiddleClass Moderate American

    Joined:
    Aug 26, 2011
    Messages:
    362
    Thanks Received:
    81
    Trophy Points:
    28
    Location:
    Delaware
    Ratings:
    +81
    Modern American Prosperity is only for those who have already prospered.
     
    • Thank You! Thank You! x 1
  10. WatertheTree
    Offline

    WatertheTree Senior Member

    Joined:
    Sep 9, 2011
    Messages:
    1,804
    Thanks Received:
    167
    Trophy Points:
    48
    Ratings:
    +167
    Upward mobility rates in the USA are less then our European friends we broke off from so long ago.

    In the meantime rich assholes use the government to protect themselves from things like social justice and equality.
     

Share This Page