Let Capitalism Work! Tax the Rich!

[WatertheTree]

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?

 

[auditor0007]

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?

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.

 

[editec]

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?

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.

 

[WatertheTree]

The common mantra amongst just about anyone that knows the economy is that Capitalism 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 amongst 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?

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.

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%???

 

[WatertheTree]

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?

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.

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.

 

[editec]

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?

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.

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.

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.

 

[The Rabbi]

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?

Do you have any idea what the fuck you're talking about? No, I didnt think so either.

 

[WatertheTree]

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.

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.

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.

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.

 

[MiddleClass]

Modern American Prosperity is only for those who have already prospered.

 

[WatertheTree]

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.

 

[eflatminor]

Man are you all over the place! Anyway, the rich already pay the majority of the taxes. Their money today is sitting on the sideline, not being invested for a variety of reasons. You think increases taxes on them will result in more job creation? Really?

 

[The Rabbi]

Upward mobility rates in the USA are less then our European friends we broke off from so long ago.
.

Uh, no. Actually that's not true.
Try again.

 

[bripat9643]

Your first error is thinking that a tax cut is the equivalent of giving people something. It isn't. A tax cut is taking less than you took in the past. It's not a gift of any kind.

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?

 

[pete]

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?

... and at the same time why dont we do the same to those 47% that get money from the government "because they [deserve] need" it yet have smart phones, xboxes, gold chains and carat ear rings as well as drive cars like lexus with 22's or 24's with a sound system that cost more than the home they dont pay for A pair of sneaks that cost well over 100.00 to match each cap and shirt they own .....
Just think if we busted down on these CHEATS how much we would save!!!! Fair is Fair

 

[skookerasbil]

Class warfare is gay.......

 

[WatertheTree]

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?

... and at the same time why dont we do the same to those 47% that get money from the government "because they [deserve] need" it yet have smart phones, xboxes, gold chains and carat ear rings as well as drive cars like lexus with 22's or 24's with a sound system that cost more than the home they dont pay for A pair of sneaks that cost well over 100.00 to match each cap and shirt they own .....
Just think if we busted down on these CHEATS how much we would save!!!! Fair is Fair

I am with you 100% people cheating the social safety net should not only have there benifits taken from them, they should be put to work doing road construction at minum wage untill all the money is repaid.

I however do not think that taxes should be raised on them. They have no income to speak of, and they are already taxed with local and state. Enough is enough.

 

[WatertheTree]

Your first error is thinking that a tax cut is the equivalent of giving people something. It isn't. A tax cut is taking less than you took in the past. It's not a gift of any kind.

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 Mr. Assumption.

 

[Listening]

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.

Short of stealing their money, you won't get at it. No matter how hard you try in today's global economy, you can only get at it through commerce.

And are you really silly enough not to realize that big business and government might as well be called the same thing. How do you think people get so rich ?

Economics teaches that if you start to see profit in an enterprise, then competition will show up and push that profit down to nothing....thus consumers get a great deal. When government gets involved (especially via regulation) then they create barriers to entry and artificially raise the demand cost curve (because there isn't the competition).

Look at oil refining. Try to build a new refinery anywhere in the U.S. and see how far you get.

 

[ladyliberal]

Upward mobility rates in the USA are less then our European friends we broke off from so long ago.
.

Uh, no. Actually that's not true.
Try again.

This is an internationally accepted analysis of social mobility. It calculates "social mobility" a number of different ways, including simply comparing a son's income to his father's (highly correlated = low mobility).

http://www.oecd.org/dataoecd/2/7/45002641.pdf

It finds that by most measures the US has a low social mobility for a Western democracy.

 

[The Rabbi]

Upward mobility rates in the USA are less then our European friends we broke off from so long ago.
.

Uh, no. Actually that's not true.
Try again.

This is an internationally accepted analysis of social mobility. It calculates "social mobility" a number of different ways, including simply comparing a son's income to his father's (highly correlated = low mobility).

http://www.oecd.org/dataoecd/2/7/45002641.pdf

It finds that by most measures the US has a low social mobility for a Western democracy.

Um,. no.
Looking at the Forbes list of wealthy people, most of them did not start out wealthy.
Further, we have a very large immigrant population that tends to move rapidly up the socio economic ladder.
And no, I dont accept the OECD's word on anything. Same people who promised Greece wouldnt default.