62 percent of Americans want to raise taxes on the wealthy and businesses

[sjt18]

All "taxing the rich" does is screw small business owners.

It goes after the guy who makes a couple hundred thousand per year and doesnt touch the Bill Gates.

You will never touch guys who own 100 billion dollar compnaies are are living off income that is taxed at a capital gains rate and can bury all their money inside their business.

Disagree. You will never touch them with a "progressive" income tax with qualified deductions.

A flat tax would reach them. The Fair Tax would tax the transaction rather than the individual so it would reach them best.

In our current system... it is no accident that Buffett, Soros, and many other "super rich types" plus about half of corporate execs support Dems. They know that as long as they do... the back room deals will favor them.

 

[RespectTradition]

The goverment owns every note that the treasury prints. People are allowed to possess those notes as a medium of exchange. I see nothing wrong with the government penalizing people who slow down the velocity of money by parking a large amount of dollars on the sidelines for an extended period of time. This idea is not about picking on a group (i.e. the wealthy). It is about stimulating commerce by encouraging people to use dollars for what they are intended for, buying stuff.

When I work, my company direct deposits my check into my bank account. It is entirely a fictional construct of 1s and 0s backed by absolutely nothing. Since it is not in the form of notes printed by the treasury, nor is its value determined by gold or other standard object owned by the government, does that mean they don't own it?

If the government technically owns everything I work for... how does that differ from slavery?

 

[MG1968]

When I work, my company direct deposits my check into my bank account. It is entirely a fictional construct of 1s and 0s backed by absolutely nothing. Since it is not in the form of notes printed by the treasury, nor is its value determined by gold or other standard object owned by the government, does that mean they don't own it?

If the government technically owns everything I work for... how does that differ from slavery?

you can take your bank account, cash it in for paper money, use that paper money to buy an equivalent amount of gold or some other tangible asset.

it differs from slavery in that you have a choice to convert those 1's and 0's into material wealth

 

[RespectTradition]

you can take your bank account, cash it in for paper money, use that paper money to buy an equivalent amount of gold or some other tangible asset.

it differs from slavery in that you have a choice to convert those 1's and 0's into material wealth

I can't convert it if they choose not to let me, remember, it doesn't belong to me, they just let me hold it.

 

[MG1968]

I can't convert it if they choose not to let me, remember, it doesn't belong to me, they just let me hold it.

then you should immediately go to your employer and demand to be paid in gold, if you're lucky, they'll give you coins stamped with Ron Paul's face.

 

[VolunteerHillbilly]

then you should immediately go to your employer and demand to be paid in gold, if you're lucky, they'll give you coins stamped with Ron Paul's face.

Until the feds decide to re-criminalize private ownership of bullion.

 

[RespectTradition]

Until the feds decide to re-criminalize private ownership of bullion.

Exactly. Either what is mine belongs to me, or I am working for free and am given an allowance from my masters.

 

[theutvolunteers]

Instilling fear in the business world has caused most to take their ball and go home, only to return when these communist are out of office.

Youre smarter than this I hope.
Posted via VolNation Mobile

 

[theutvolunteers]

The economy will improve when an outspoken critic of the American system is no longer in the White House. How do you explain the fact that the economy has gotten much worse under Obama? The resources are there but there is an "attitude problem" in the world of business. What could cause that?

You have drank the right wing talk show kool-aide.
Posted via VolNation Mobile

 

[BigPapaVol]

You have drank the right wing talk show kool-aide.
Posted via VolNation Mobile

awesome post.

 

[utgibbs]

Gibbs: Were you this condescending when you were my age? If you're gonna be condescending don't veil it as concern for my future.

I wasn't at all. My compliment was genuine - I think you are a very bright young man. BUT, you do repeat a lot of bourgeois mythology, and I did too as a younger man. It took some hard lessons in the real world to make realize it.

:hi:

 

[gsvol]