Schakowsky: Americans don't deserve to keep all of their money

If "daveman" is looking to move to countries that are "tax paradises"

Nation - income tax rates
********************
Bahamas 0%
Brunei 0%
British Virgin Islands 0%
Monaco 0%
United Arab Emirates 0%


Tax rates around the world - Wikipedia, the free encyclopedia
I'm not, you idiot.

However, if you're looking for someplace run the way you want the US run, might I suggest:

People's Republic of China
Republic of Cuba
Lao People's Democratic Republic
Federal Democratic Republic of Nepal
Socialist Republic of Vietnam
Democratic People's Republic of Korea

It's odd that you leave out Germany, U.K., France, Sweden, Denmark, Norway...

They have property rights in those countries. Libturds like you are opposed to property rights.
 
Time for you to move out of the country loverboy.

How do you figure? Where can I go where they don't have taxation?

I hear the Congo has plenty of great locations that should suit your hermit desires nicely.

Being opposed to taxation does not make you a hermit.

Congo has plenty of taxation and government controls on private business. That's exactly the kind of govenrment you support.

Why don't you move there?
 
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Schakowsky: Americans don't deserve to keep all of their money
CHICAGO (WLS) - A lot of reaction Wednesday morning to Congresswoman Jan Schakowsky's interview with Don Wade and Roma.

Schakowsky said that Americans don't deserve to keep all of their money because we need taxes to support our society.

“I’ll put it this way. You don’t deserve to keep all of it and it’s not a question of deserving because what government is, is those things that we decide to do together. And there are many things that we decide to do together like have our national security. Like have police and fire. What about the people that work at the National Institute of Health who are looking for a cure for cancer,” Schakowsky said.

Schakowsky also says one reason the 2009 stimulus bill did not succeed was because it was not large enough.​
Total Tax Revenue and Savings Rate by country - as a percentage of Gross Domestic Product

Country - Tax % / Savings % / S&P Rating
******************************
Austrailia - 30.8% / 2.5% / AAA

Austria - 42.3% / 9.8% / AAA

Canada - 33.3% / 1.1% / AAA

Finland - 43.0% / (-2.2%) / AAA

France - 43.5% / 12.3% / AAA

Germany - 36.2% / 10.6% / AAA

Italy - 43.5% / 6.8% / A+

Japan - 28.3% / 2.6% / AA

South Korea - 26.5% / 2.5 /A-

Netherlands - 37.5% / 6.4% / AAA

Norway - 43.6% / 1.4% / AAA

Sweden - 48.3% / 7.8% / AAA

Switzerland - 28.9% / 9.5% / AAA

United States - 28.3% / 1.2% / AA+

Sources: OECD Tax Database and OECD Economic Outlook Database
tax data was from 2007
savings rates from 2009

Tax Rates By Country
OBSERVATIONS

1. With a total tax revenue/GDP ratio of 26.5%, the US is one of the least taxed countries when compared to other modern nations. Therefore the current tax controversy in America is largely a "red herring" because after South Korea (26.5%), the US and Japan are tied for 2nd as the least taxed of the 14 nations under consideration.

2. A nation's rate of taxation appears to have little to do with its economic prosperity or credit rating. None of the 3 nations with the lowest tax rates (South Korea, US, Japan) currently have a S&P AAA credit rating - and in the cases of the US and Japan, this can be attributed to their large national debt and the political lack of will to address it by raising taxes.

3. Contrary to conventional wisdom, low tax rates doen't necessarily translate into increased savings. Citizens from nations like France, Germany, Austria and Sweden, where some tax rates can exceed those of the US by as much as 20%, can still find it possible to save substantially more than their counterparts in South Korea, Japan and the US.

Higher taxation cannot be the answer....otherwise why is it that so many highly taxed nations in Europe are going broke....?
Look at the chart - Norway, Sweden, Finland, France and Austria all have high tax rates in the 40% range and yet they have managed their economies to maintain their S&P AAA rating.

Ironically, its US and Japan with their lower 28.3% tax rate, but massive federal debt, that have had their credit rating downgraded!
 
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OBSERVATIONS

1. With a total tax revenue/GDP ratio of 26.5%, the US is one of the least taxed countries when compared to other modern nations. Therefore the current tax controversy in America is largely a "red herring" because after South Korea (26.5%), the US and Japan are tied for 2nd as the least taxed of the 14 nations under consideration.

2. A nation's rate of taxation appears to have little to do with its economic prosperity or credit rating. None of the 3 nations with the lowest tax rates (South Korea, US, Japan) currently have a S&P AAA credit rating - and in the cases of the US and Japan, this can be attributed to their large national debt and the political lack of will to address it by raising taxes.

3. Contrary to conventional wisdom, low tax rates doen't necessarily translate into increased savings. Citizens from nations like France, Germany, Austria and Sweden, where some tax rates can exceed those of the US by as much as 20%, can still find it possible to save substantially more than their counterparts in South Korea, Japan and the US.

Higher taxation cannot be the answer....otherwise why is it that so many highly taxed nations in Europe are going broke....?
Look at the chart - Norway, Sweden, Finland, France and Austria all have high tax rates in the 40% range and yet they have managed their economies to maintain their S&P AAA rating.

Ironically, its US and Japan with their lower 28.3% tax rate, but massive federal debt, that have had their credit rating downgraded!

It's the spending....what part of that is confusing?

Your good with 40+% tax rate???? :eek:
 
Schakowsky: Americans don't deserve to keep all of their money
CHICAGO (WLS) - A lot of reaction Wednesday morning to Congresswoman Jan Schakowsky's interview with Don Wade and Roma.

Schakowsky said that Americans don't deserve to keep all of their money because we need taxes to support our society.


“I’ll put it this way. You don’t deserve to keep all of it and it’s not a question of deserving because what government is, is those things that we decide to do together. And there are many things that we decide to do together like have our national security. Like have police and fire. What about the people that work at the National Institute of Health who are looking for a cure for cancer,” Schakowsky said.


Schakowsky also says one reason the 2009 stimulus bill did not succeed was because it was not large enough.

Total Tax Revenue and Savings Rate by country - as a percentage of Gross Domestic Product

Country - Tax % / Savings % / S&P Rating

******************************
Austrailia - 30.8% / 2.5% / AAA
Austria - 42.3% / 9.8% / AAA

Canada - 33.3% / 1.1% / AAA

Finland - 43.0% / (-2.2%) / AAA

France - 43.5% / 12.3% / AAA

Germany - 36.2% / 10.6% / AAA

Italy - 43.5% / 6.8% / A+

Japan - 28.3% / 2.6% / AA

South Korea - 26.5% / 2.5 /A-

Netherlands - 37.5% / 6.4% / AAA

Norway - 43.6% / 1.4% / AAA

Sweden - 48.3% / 7.8% / AAA

Switzerland - 28.9% / 9.5% / AAA

United States - 28.3% / 1.2% / AA+

Sources: OECD Tax Database and OECD Economic Outlook Database

tax data was from 2007
savings rates from 2009


Tax Rates By Country
OBSERVATIONS

1. With a total tax revenue/GDP ratio of 26.5%, the US is one of the least taxed countries when compared to other modern nations. Therefore the current tax controversy in America is largely a "red herring" because after South Korea (26.5%), the US and Japan are tied for 2nd as the least taxed of the 14 nations under consideration.

2. A nation's rate of taxation appears to have little to do with its economic prosperity or credit rating. None of the 3 nations with the lowest tax rates (South Korea, US, Japan) currently have a S&P AAA credit rating - and in the cases of the US and Japan, this can be attributed to their large national debt and the political lack of will to address it by raising taxes.

3. Contrary to conventional wisdom, low tax rates doen't necessarily translate into increased savings. Citizens from nations like France, Germany, Austria and Sweden, where some tax rates can exceed those of the US by as much as 20%, can still find it possible to save substantially more than their counterparts in South Korea, Japan and the US.
makmende, Kenyan for "make my day."

Firstly, this thread is not about other countries so you are :offtopic: when you bring them up. Secondly, the Kenyan is not going to have his day made for him much longer after frittering away the national treasury on the likes of Solyndra and other thieving pals of his whose interests are going up in smoke due to fiscal malfeasance anyway.

Thirdly, America has had enough, and Americans not going to take it any more. Since we're not begging to the world to rubberstamp ourselves into their failed economies, we're giving the boot to the Dems and are going to reorganize society so the little Demmie precinct chairmen who steal votes from the dead, dying, and on life support voters, other criminals, and foreign hate-america laraza sorts are going to have to sit in the corner in their little 6x10 cells for the rest of their criminal lives. Crime does not pay and stealing votes is a crime punishable by prison terms.
Just another example of an angry American conservative in denial - why look for solutions beyond your own border when you start from the premise that you already have all the answers.

I was hoping that the chart would introduce some fresh ideas so we could get beyond the "name calling" - obviously I overestimated the abilities of some of my audience who would rather rant because they're not equipped to engage in a civil discussion!
 
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Typical welfare/warfare state politician. They sincerely believe that they have the right to confiscate our income whenever for whatever. She knows that the parasites - her constituency - vote early and often.

.

It's worse than that, they believe that nothing is yours until they say it is yours. They're Marxists. These are the same nitwits that argue that since your taxes weren't raised, you received money.

They're idiots.. all of them.
 
The right does believe in government. They just believe someone other than them should pay for it.
The left does believe in charity. They just believe someone other than them should pay for it.

Yet the fact that they are so anti-Christian belies that idea.....other than the ignorant dupes i'd say the left believes more in class warfare than charity....
Oh, no doubt. And for all their claims of wanting to help the poor and working class, the left utterly depends on the underclass they've created and fostered to keep voting Democrat.
 
You're also free to move to a country where they don't allow citizens go vote on the taxes they pay. Meanwhile, the rest of us can vote to kick the tax-and-spend liberals out of office.

That's a funny statement coming from the guy who just the other day was crying about being forced to pay taxes.


How so? Are you saying I should vote to have my taxes raised?
Liberals have decided it's in your best interests to do so.
 
Explain to me why, unless you're your own Country/entity, you deserve to keep ALL your money? Just lemme know. Maybe I'm missing something.

You ARE your own entitiy. LMAO. Did you seriously just say that?

Mike

I meant as in Geographically. (obviously).

If someone disagrees that "people don't deserve 100% of their money," then they are under the delusion that Government is free. Unless I'm missing something.

It sounds to me as if you are saying that a government has money to keep in the first place. A government is a consumer of wealth, government NEVER creates wealth. It can redistribute wealth and even in doing that a government consumes wealth because it charges its citizens money to distribute wealth. Government is not free but there are ways other than by taxing income to fund a government. A tax on commerce would surely suffice. So we've come to this point in the argument where we must make a decision.

Other than the essential functions of government. At all levels, federal, state and local... things like law enforcement, border security, enforcement of contracts... tell me why any one individual deserves even one penny of the money another person has earned. You made the assertion that government is not free. I will grant you that and we will assume that you want to pay for it with an income tax. While government is not free, is it necessary, moral or honorable to take money from one individual with the intention of giving that money, in the form of either goods, services or currency, to another individual?

Mike
 
Except for what you conveniently forget, is that you didn't completely create it.

That's what you miss.

You're riding the back of security and infrastructure, and without it, you make zero. It's not that hard, and it's definitely not free.


The security and infrastructure you speak of would not exist if not for the private sector. Your world is ass-backwards.

Put down Das Kapital for a minute....

10 to 15% of the bridges in the U.S. are structurally deficient. Tell us how and when you'd fix that.

With local funds.

Mike
 
So the OP has a problem with having to pay taxes to support our national security?

I have a problem with paying taxes that go to companies that cannot get a loan from anyone but the government. I have a problem paying taxes that go to huge agribusiness for them not to grow food. I have a problem paying taxes that go to companies so they can lobby the government to get more money.

Do you have a problem with any of that, or are you willing to work and hard all of your money to the government because you don't think you deserve anything they do not give you?
 
Schakowsky: Americans don't deserve to keep all of their money

and..In what Utopian era were we ever able to 'keep all our money'?
 
Dave since you started the thread perhaps you can explain which part you disagree with and why. Do you think there should be no taxes at all?

Do you think there might be a difference between being willing to pay taxes and the government thinking that we do not deserve all the money we make?
 
Explain to me why, unless you're your own Country/entity, you deserve to keep ALL your money? Just lemme know. Maybe I'm missing something.

Sure... with this line of thinking, you should let the gubmint willy-nilly annex 1/4 of your house, your car, your boat, your furniture, your summer home, your 401K, your Roth, your RV's, etc. After all, you don't deserve all of it.

Geeze you Marxist ninnies are annoying.

That's over the top sensationalism based off of fear and irrationality. Save it. Nobody deserves 100% of their money, so she was right. The Government is not free. Once it is, you'll have a point.

Everybody deserves 100% of their money. Even the idiot Democratic Congresswoman knows that, which is why she made the point it is not a question of deserving.

If you had a brain you might be able to contribute to the real debate here, which is how much money do we, as a nation, want to let the government use to accomplish the things we allow it to do.

[ame=http://www.youtube.com/watch?v=YB761Wdgw9E]Dem Congresswoman: "You Don't Deserve To Keep All" Of Your Money - YouTube[/ame]
 

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