Author: St_George

How much Tax should the rich pay ?   [Copy link] 中文

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Post time 2012-11-11 11:26:55 |Display all floors
TheHermit Post time: 2012-11-10 17:15
If a tree appeared, which provided every food you can imagine all the year round, so t ...

Sounds like the political version of The Grand Inquisitor.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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Post time 2012-11-11 13:39:25 |Display all floors
TheHermit Post time: 2012-11-11 09:15
If a tree appeared, which provided every food you can imagine all the year round, so t ...

More than likely they would fence it in and declare god gave it to them and sell the fruit from it.

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Post time 2012-11-11 14:16:30 |Display all floors
St_George Post time: 2012-11-10 14:40
Obama wants to increase Federal Taxes on the richest from 35% to about 39%, a similar ploy worked fo ...

I thought his main focus  is to let Bush tax cuts expires .....taking tax on unearned income from 15 to 20
I've made my living, Mr. Thompson, in large part as a gambler. Some days I make twenty bets, some days I make none. There are weeks, sometimes months, in fact, when I don't make any bet at all because ...

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Post time 2012-11-11 21:52:58 |Display all floors
St_George Post time: 2012-11-10 14:40
Obama wants to increase Federal Taxes on the richest from 35% to about 39%, a similar ploy worked fo ...

The top rate of income tax remained above 70% in the US during the post war era. That did not hinder either investment or prosperity. Reagan reduced that to 50%, and it has been sliding downwards ever since.

The capitalists do not want this be known, but in general periods of prosperity are associated with high top rates of income tax.
The world needs more idiots like me, all the others think they are clever.

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Post time 2012-11-11 21:55:49 |Display all floors
robert237 Post time: 2012-11-11 11:26
Sounds like the political version of The Grand Inquisitor.

Definitely one of the classics..
The world needs more idiots like me, all the others think they are clever.

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Post time 2012-11-11 22:04:21 |Display all floors
swede Post time: 2012-11-11 13:39
More than likely they would fence it in and declare god gave it to them and sell the fruit from it ...

That is what they do, already. They have more or less declared a monopoly on food, by patenting the grain. GM crops are another weapon in their armory...
The world needs more idiots like me, all the others think they are clever.

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Post time 2012-11-12 01:42:15 |Display all floors
St_George Post time: 2012-11-10 16:29
That sums it up really, they just switch liquidity to the markets most favourable to their busines ...

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