What Taxing the Rich Could Yield

LV426 said:
Wages.

That's what the rich take from everyone.

The rich take more of the wealth, leaving everyone else with less to spend.

If you cannot see where that inevitably leads, then it's an act of willful ignorance on your part. You're being deliberately obtuse because you don't want to admit your judgment sucks. That's bad faith.
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you're not very bright , are you

I Love America said:
Leftists answer to everything is TAX THE RICH
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and it's actually frightening , they think by giving our government more of our money, the government will thereby spend it wisely and all will be bliss

I'm telling you they have lost their minds, don't believe me, think about that premise for a sec
 
Fentoine Lum said:
What Taxing the Rich Could Yield

The post WWII economy pre-Reaganomics/neoliberal economic system.
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Really? So you want to go back to a Europe that has been obliterated by war. Japan in shambles after two nukes forced their surrender. When China was inept economically and millions starved. When Russia annexed countries and formed the Soviet Blok? That is what you want? The lack of global competition greatly aided our recovery from the great Depression and WWII.
 
iolo said:
Well, if they steal everything, the mugs starve. Meanwhile they prevent the development of as normal health service, so the poor die, despite the system's costing twice what it should. It is amazing you mugs can read and write, fair play!
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So, let's see... if we take the entire $618B from those rich in the OP that doesn't even cover any of the first five years of Obama's debt run up. So then what?
 
Dark Soul said:
The rich take the risk to build the company and have the talent to sustain it.
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BULLSHIT.

Have you ever worked for a company before?

You know that the rich don't build anything, the workers do.

Rich people don't create jobs, they hire employees.

Demand creates jobs, and if you stifle demand by keeping wages flat, then you're going to cause a recession.


he workers have to make not only their own worth but a profit back to the owner to justify employing him.
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Rich people don't do shit. They don't create jobs. They don't create demand.
 
Getin the ring said:
and it's actually frightening , they think by giving our government more of our money, the government will thereby spend it wisely and all will be bliss
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Spending money on health care and education is wisely spending money.

Spending money on tax cuts for the rich hasn't delivered on a single promise made of it.

40 years of your trickle-down hasn't resulted in any of the lofty guarantees you've made.

The market is down for the year thanks to your tax cut.
 
Getin the ring said:
to who? so essentially penalizing someone for being successful? very American of you Frank


to who, again if you want to live in a free society, where your success is only limited by your ambition, isn't that what America stands for Frank, I'm confused why you don't get that



so in your America we should tax someones money, especially someone who has enough to leave some to their children, at a "much higher rate", that's your words
and then
tax that money again after it is passed down, I assume at a "much larger rate" also?

why are you so bitter and confused frank, did a rich guy do something to you at some point, is this personal with you, Frank?

And another question about your "end game"
this extra tax money that the government collects under your system, they are going to spend it wisely? maybe we can pass a law that says all of this additional tax money from rich people MUST BE USED WISELY!!!!
really Frank?
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American conservatives will never understand humanity. They have none...so I guess they suppose no one else does either.

There is no explaining any of this to you people. The sane, reasonable, intelligent people will just have to go around you people...and work to make the planet a better place.

It'll happen.
 
Superfreak said:
Really? So you want to go back to a Europe that has been obliterated by war. Japan in shambles after two nukes forced their surrender. When China was inept economically and millions starved. When Russia annexed countries and formed the Soviet Blok? That is what you want? The lack of global competition greatly aided our recovery from the great Depression and WWII.
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Europe was rebuilt using taxpayer dollars via the Marshall Plan. That's why all those western European countries have such great infrastructure, cleaner elections, and universal health care.
 
I Love America said:
Leftists answer to everything is TAX THE RICH
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Still writing like a grade schooler, I see.

TAX THE RICH...is not the answer to EVERYTHING.

But it is a reasonable answer to some things.

That is why the people on the left consider it.

That is why the sludge of the right condemns it.
 
signalmankenneth said:
America’s 15 wealthiest families are worth a combined $618 billion. That’s not good for our economy—or our democracy.

The New York Times investigation into the Trump family’s financial misdeeds recently revealed what had been obvious to most: The president is no self-made man. Like so many bombshell stories about the president, this story has been largely overlooked as new and more flagrant Trump indignities erupt nearly every day. Yet the tactics that the report shines a light on are hardly peculiar to the Trumps. Many wealthy families use similar tactics to stockpile their wealth and keep it from taxation that could reinvest it to meet the nation’s needs. And in doing so, these families keep building wealth with which they can wield political power.

A new report from the Institute for Policy Studies (IPS) takes a close look at the billionaire multi-generation families who wield that power—the American dynasties. Taking their cue from the Forbes 400 list of the wealthiest people in the United States, the report, "Billionaire Bonanza," by Chuck Collins, director of the Program on Inequality and the Common Good, and Josh Hoxie, director of the Project on Opportunity and Taxation, both at IPS, details how the nation’s 15 wealthiest families—some with household names (Walton, Koch, Mars), some perhaps less-known (Duncan, Bass, Stryker)—are worth a combined $618 billion.

Overwhelmingly, this is inherited money; the companies from which these families derive their wealth were all started at least a generation ago.

https://prospect.org/article/what-taxing-rich-could-yield
48281630_2046622678762068_7723559020321046528_n.jpg
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Imagine the taxes that could have been collected if more families had created these dynasties. If we all create dynasties, just imagine the tax revenue of future generations! We would have to figure out how to build our own wealth though, instead of trying to get our hands on some other family's.
 
Superfreak said:
So, let's see... if we take the entire $618B from those rich in the OP that doesn't even cover any of the first five years of Obama's debt run up. So then what?
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Bad faith argument right there.

No one said raising taxes on the rich would balance the budget.

That's not been the driving force behind higher taxes.

So you're trying to construct a straw man argument around the thing you pretended to care about just 10 years ago in an effort to try and make people forget that you supported all Bush's policies that doubled the debt.
 
LV426 said:
Bad faith argument right there.

No one said raising taxes on the rich would balance the budget.

That's not been the driving force behind higher taxes.

So you're trying to construct a straw man argument around the thing you pretended to care about just 10 years ago in an effort to try and make people forget that you supported all Bush's policies that doubled the debt.
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so tell us nut-bag, what would "taxing the rich" do

be specific, I like when nut-bags expose themselves

:popcorn:

LV426 said:
Rich people don't create SHIT.

Rich people hire employees, but they don't create jobs.

Demand creates jobs.
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you're actually dumber with every post, and for that I applaud you

has a poor person ever offered you a job? nut-bag
 
LV426 said:
BULLSHIT.

Have you ever worked for a company before?

You know that the rich don't build anything, the workers do.

Rich people don't create jobs, they hire employees.

Demand creates jobs, and if you stifle demand by keeping wages flat, then you're going to cause a recession.




Rich people don't do shit. They don't create jobs. They don't create demand.
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In fact I've worked for several companies in my career. Your "argument" is avoid of facts. I suggest that you take a course in basic economic and get yourself better educated in reality.
 
Title purports to say what taxing the rich would but never says.
Probably because even if you taxed those mentioned at 100% of their fortune you solve nothing and put a great many out of work since those entetprises they run would be liquidated to pay it.
Get over your wealth envy and stop expectong government to be your sugardaddy.
 
Frank Apisa said:
Still writing like a grade schooler, I see.

TAX THE RICH...is not the answer to EVERYTHING.

But it is a reasonable answer to some things.

That is why the people on the left consider it.

That is why the sludge of the right condemns it.
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You always want other people’s money Frankie. You never want to use your own

It is the leftists way

PS

I don’t give a shit what you think of my writing on a message board
 
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