Politics Democratic Socialism

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The higher the income tax rate, the less incentive there is for people to work in jobs that support the system.

The higher the income tax rate, the more people will try to make a living away from the prying eyes of the government, while taking advantage of as many social programs as possible.

The higher the income tax rate, the more productivity declines.

The higher the income tax rate, the more the economy slows down.


One tool that has been used in the past to offset the negative affects of raising taxes is to lower interest rates. The problem we now face is, interest rates are near an all time low, and about 40% below the average historical rate.
 
Here's a partial list of the "rich" that keep money offshore. It's on a left leaning WWW site, if the fact that they have people appear on MSNBC all the time means that.

http://www.thedailybeast.com/articl...-world-s-richest-people-hide-their-money.html

The only american listed is Denise Rich, who gave up her US Citizenship.

Marcos' daughter is one of those listed.

"Prominent Russians" listed.

Tycoons from Thailand.

Many govt. officials.

etc.
 
SlyPokerDog said:
Wow, thanks to this thread I have learned...

Everything bad that happens during a republican president's term is because of the horrible policies enacted by the democrat president before them.

Everything good that happens during a democrat's presidency is because of the incredible wisdom and actions of the god like republican president before them.

Everything good that happens during a republican's presidency is because of their incredible leadership and wisdom.

Everything bad that happens during a democrat's presidency is because they are evil Hitler like idiots who would destroy our country if it weren't for the brave republicans who fought them.

These facts are absolute and now Denny will provide 7 graphs that support it.
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Oh for fucks sake... Dviss was pulling the same shit when he talked about his democrats. Saying this was just Denny is fucking ridiculous and you know it
 
dviss1 said:
Who are the 400 richest families in America? They all own corporations...
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You're really reaching on this one.

It's the corporations' money, not any rich families'.
 
magnifier661 said:
Oh for fucks sake... Dviss was pulling the same shit when he talked about his democrats. Saying this was just Denny is fucking ridiculous and you know it
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He does know it. He just likes pissing on threads that are active.
 
Here's a fact... Of all the scandinavian successful democratic socialist countries, there is a 50% GDP tax. I've asked several times for those that support socialism on how they plan on taxing at that rate without USA revolting. Still no answer...
 
dviss1 said:
Already posted it. And I haven't said one fucking thing praising any Democrats in this thread.
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Corporate taxes is an entirely different issue brother. Show me where individuals are taking their income and parking 2.1 trillion overseas?

See here's your problem with that link. The moment they bring it back into this country, they pay tax on it. So that doesn't work.
 
magnifier661 said:
Corporate taxes is an entirely different issue brother. Show me where individuals are taking their income and parking 2.1 trillion overseas?

See here's your problem with that link. The moment they bring it back into this country, they pay tax on it. So that doesn't work.
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That's why its still off shore. To bring it back they want to pay only 5% tax on it. Why do you people act like this is not true when we all know?
 
http://unofficialnetworks.com/2011/07/millionaires-billionaires-sf-bay-area

How Many Millionaires & Billionaires are in the SF Bay Area?

- 224,800 millionaires between San Francisco & San Jose Metro Areas in 2009 (and there are thousands more if you added Atherton, Blackhawk, Palo Alto, Woodside, & more to it)

– 138,300 households in the San Francisco Metro Area and 86,500 in the San Jose Metro Area had $1 million or more in financial assets in 2009 (source: Capgemini).
 
dviss1 said:
That's why its still off shore. To bring it back they want to pay only 5% tax on it. Why do you people act like this is not true when we all know?
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You pay more than 5% on money brought back bro
 
224,800 millionaires in the SF bay area alone.

When Reagan first took office, there were just 4,000 in the entire united states. When he left office, there were 64,000.

The rich aren't getting richer. 220,800 in SF Bay Area alone became rich.
 
If done for the working class, high tax causes most services you now pay for, to be free.

But if the leaders were installed by the CIA, high tax just lines the leaders' pockets, to motivate their submission to Western Intelligence.
 
jlprk said:
If done for the working class, high tax causes most services you now pay for, to be free.

But if the leaders were installed by aliens, high tax just lines the leaders' pockets, to motivate their submission to Western Intelligence.
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FIFY
 
Netherlands at 39%. So let me rephrase it then. Tell me how you plan on upping the tax on everyone to a 40% GDP without revolt?
 
jlprk said:
If done for the working class, high tax causes most services you now pay for, to be free.

But if the leaders were installed by the CIA, high tax just lines the leaders' pockets, to motivate their submission to Western Intelligence.
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That's totally fine. Problem... Let's see if you can sell this to the voters. They would revolt from a 10% tax hike, which would be the least you need to be close.
 
Denny Crane said:
224,800 millionaires in the SF bay area alone.

When Reagan first took office, there were just 4,000 in the entire united states. When he left office, there were 64,000.

The rich aren't getting richer. 220,800 in SF Bay Area alone became rich.
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Instead of cherrypicking Silicon Valley, find the numbers for the whole nation. Then find how much wealth was transferred from the labor of the poor to pay for the enrichment of San Francisco.
 
magnifier661 said:
Netherlands at 39%. So let me rephrase it then. Tell me how you plan on upping the tax on everyone to a 40% GDP without revolt?
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Well, at least you admit that Republican/Libertarian selfishness is revolting.

It's a small step, but an important one.

barfo
 
magnifier661 said:
That's totally fine. Problem... Let's see if you can sell this to the voters. They would revolt from a 10% tax hike, which would be the least you need to be close.
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It's not a 10% tax hike. It's a 100% tax hike. From 25% to 50% is 100% increase.
 
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