You Take Their Money and the Wealthy Will Flee

Discussion in 'Economy' started by longknife, Nov 28, 2012.

  1. longknife
    Online

    longknife Platinum Member

    Joined:
    Sep 21, 2012
    Messages:
    27,528
    Thanks Received:
    9,106
    Trophy Points:
    900
    Location:
    Sin City
    Ratings:
    +15,470
  2. there4eyeM
    Offline

    there4eyeM unlicensed metaphysician

    Joined:
    Jul 5, 2012
    Messages:
    9,533
    Thanks Received:
    990
    Trophy Points:
    245
    Ratings:
    +2,953
    Why would they leave the country with the best government money can buy?
     
  3. AVG-JOE
    Offline

    AVG-JOE American Mutt Staff Member Gold Supporting Member

    Joined:
    Mar 23, 2008
    Messages:
    23,305
    Thanks Received:
    5,034
    Trophy Points:
    260
    Location:
    Your Imagination
    Ratings:
    +7,458
    According to Warren Buffet, if you tax the investment class they will double down on their job producing, productive investments.
     
  4. del
    Offline

    del BANNED

    Joined:
    Sep 3, 2008
    Messages:
    45,052
    Thanks Received:
    9,831
    Trophy Points:
    0
    Ratings:
    +9,893
    if we have their money, why do we need them?
     
  5. Truthseeker420
    Offline

    Truthseeker420 Gold Member

    Joined:
    Mar 30, 2011
    Messages:
    10,365
    Thanks Received:
    980
    Trophy Points:
    138
    Location:
    Home of the 2013 BCS National Champion
    Ratings:
    +1,027
    So Exxon will quit selling oil in America if they have to pay taxes? If they are not paying taxes who cares if they flee? The rich are not going to get more of a free ride in another country.
     
    Last edited: Nov 28, 2012
  6. Dot Com
    Offline

    Dot Com Nullius in verba Supporting Member

    Joined:
    Feb 15, 2011
    Messages:
    51,377
    Thanks Received:
    7,665
    Trophy Points:
    1,830
    Location:
    Fairfax, NoVA
    Ratings:
    +17,367
    Randian references? Oh neat...
     
  7. eflatminor
    Offline

    eflatminor Classical Liberal

    Joined:
    May 24, 2011
    Messages:
    9,800
    Thanks Received:
    1,524
    Trophy Points:
    245
    Ratings:
    +2,693
    Just as importantly, we see yet more verification that the Laffer Curve is right. Raising tax rates often results in LESS revenue. From the article:

     
  8. EdwardBaiamonte
    Offline

    EdwardBaiamonte Gold Member

    Joined:
    Nov 23, 2011
    Messages:
    28,620
    Thanks Received:
    1,165
    Trophy Points:
    205
    Ratings:
    +3,293
    how can they double down when the liberals have stolen the money with which they would double down??

    If you take half a venture capitalists money he can fund half the new ventures. Make sense??
     
  9. kiwiman127
    Offline

    kiwiman127 Comfortably Moderate Supporting Member

    Joined:
    Oct 19, 2010
    Messages:
    8,782
    Thanks Received:
    2,661
    Trophy Points:
    315
    Location:
    4th Cleanest City in the World-Minneapolis
    Ratings:
    +4,116
    "how can they double down when the liberals have stolen the money with which they would double down??"

    Well that explains the over 30 years of flat wages and the fact that the working class's share of the National Income is at record lows,,,their stealing from the wealthy! :lol:
     
  10. RosieS
    Offline

    RosieS Partisan Courtesan Supporting Member

    Joined:
    Sep 15, 2012
    Messages:
    2,203
    Thanks Received:
    544
    Trophy Points:
    165
    Location:
    Southwest FL
    Ratings:
    +748
    Let 'em move to Greece and live off bailouts like the rest of those leeches.

    Regards from Rosie
     

Share This Page