Conservatives want to raise taxes and kill SS and Medicare

Into the Night said:
They've done it before and they will do it again.
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When did they do it? The rich come and go around the world normally but at what point in time of US history are you saying more rich people were leaving the US than were coming in or being created?


Also, again, what role do you think their business and assets in the US would play in that? If i am a billionaire in the US with a big US business with a ton of US assets do you think it is easy to just close it up, and recreate it elsewhere at a cost that is less than just paying your taxes?

It is sad how GOP voters have been so convinced to be terrified of the rich, that all one has to say is 'they might leave if you try to fix the system to tax them' and then an army of GOP supporters will argue to not tax them. Fox News terrifying them has really worked.
 
Into the Night said:
Not a fallacy. You apparently don't know what a fallacy is. Buzzword fallacy.

They did.

Tracking means nothing. Straw man fallacy.

It costs money, but they will leave. Taxes that high means they have no interest in the States.

They've done it before, and they will do it again.

They don't care if they are shut out. They will simply build manufacturing in some other country that isn't so abusive. They won't sell any product in the States that doesn't make them a profit. If the government takes all that profit, the product simply won't be for sale in the States.
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If they have done it before, tell us when. Stop just SAYING it and show us some data and facts.

This is what data looks like.

So look at this chart, and give me a time period when Billionaires left the country due to tax increases?

Screenshot 2023-01-26 063846.jpg
 
QP! said:
When did they do it? The rich come and go around the world normally but at what point in time of US history are you saying more rich people were leaving the US than were coming in or being created?


Also, again, what role do you think their business and assets in the US would play in that? If i am a billionaire in the US with a big US business with a ton of US assets do you think it is easy to just close it up, and recreate it elsewhere at a cost that is less than just paying your taxes?

It is sad how GOP voters have been so convinced to be terrified of the rich, that all one has to say is 'they might leave if you try to fix the system to tax them' and then an army of GOP supporters will argue to not tax them. Fox News terrifying them has really worked.
Click to expand...

Discard of history. Apparently you forgot about the 70's, when electronics manufacturing essentially left the country...caused by high taxes and overregulation.
Or automotive manufacturing that mostly went to Asia and Mexico...where it still is.

I could go on but you would just say it never happened.
 
Into the Night said:
Discard of history. Apparently you forgot about the 70's, when electronics manufacturing essentially left the country...caused by high taxes and overregulation.
Or automotive manufacturing that mostly went to Asia and Mexico...where it still is.

I could go on but you would just say it never happened.
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No.

You are ignorant of history.

It was not an increase in tax brackets and making them pay, that saw any of those industries see SOME leave. The effective corporate tax rate had been steadily coming DOWN from the 50's highs.

Asia and certain countries will always compete for certain industries, and even as taxes GO DOWN, they will get some of them. What you neglect to say is how HOnda, Toyota, Hyundai and others came to the USA at that time, and set up operations.

So again, Billionaires HAVE NOT fled the country and just packed up jobs due to taxes going up. There is real cost and loss of business for them if they do it.

You have swallowed Fox News scare tactics meant to have you fight for Billionaires to be let off taxes out of false fear they will leave.
 
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