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You don't think of it as stealing because it's not your money that's being stolen. That is why you call it redistribution. Different words same thing. Your a thief who hides behind words like the rest of the share the wealth club.
If I thought it was stealing, I would have to say they are stealing my money as well, after all I pay taxes and social security contributions, the latter of which alone amount to about 1/4 of my gross income. But I do not call it stealing.
Like it or not, in Europe we do not admire rich people like so many people do in the US seem to do, quite to the contrary. We mostly consider them parasites as NOBODY on earth deserves the money they extract from society.
That's an interesting statement as those countries whose financial institutions are listed are not the ones in trouble, they are doing fine.
The money went to financial institutions, not European countries. And many of those institutions like Deutsche Bank and all those Swiss banks also have huge US branches, which just like their US counterparts have screwed up immensely over the years.
Greece for instance receives very little money from the US, most of the rescue money comes from Europe.
Call it what you want. I call it stealing myself. Stealing from our children and grandchildren to hand to the IMF or bailing out banks.
the US and UK would benefit from shifting the tax burden from income-earners to wealth-holders.
This is especially true considering that the owned wealth in the U.S. is immobile, in the form of infrastructure, land, and the layers upon layers of debt that are securitized , backed by immobile assets that cannot be "taken" anywhere.
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We have already spent hundreds of billions or even trillions pouring money over to Europe to bail out their nonsense.
which has zero to do with the topic.
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France will benefit how?
French would benefit from being more capital-friendly like the US and UK. I'm just pointing out that France does not have anywhere NEAR the capital-friendly environment of the US and UK. They already "p*ss on" the rich in France through regulatory policy, so taxing them is going to create bigger problems for France than for the US.
The US coddles the rich, so it's going to take much more than taxes to drive them away.
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Are you proposing we raise our taxes higher and drive the evil rich from here over to France?
More or less , yes. Not taxes in general, but the sort of taxes that would affect the wealthy, like property taxes and luxury taxes and financial transaction taxes. (Rather than wage taxes, like America's payroll tax)
The idea that the world's wealthy would "leave the US" is a bit ridiculous. This fear is built upon a flawed model of what the economy actually is. The global wealthy want rule of law, they want access to the U.S. government and its military, they want access to LOANS FROM THE FED, they want access to (certain small parts of) our labor market, and the products of our universities to exploit ... we have plenty of room to tax the rich, and keep them here.
That's Socialism. And it has never worked. As Margaret Thatcher said, "The problem with Socialism is that eventually you run out of other people's money".
That's nonsense, I don't want a socialist society. But I do want a more egalitarian one...
If I thought it was stealing, I would have to say they are stealing my money as well, after all I pay taxes and social security contributions, the latter of which alone amount to about 1/4 of my gross income. But I do not call it stealing.
Like it or not, in Europe we do not admire rich people like so many people do in the US, quite to the contrary. We mostly consider them parasites as NOBODY on earth deserves the money they extract from society.
I don't care if you admire rich people or not. That makes no difference. Parasites? LOL. You have no problem with the parasitic government extracting money but you call the evil rich folks names. Ya know you euro folks almost got us by supporting sadaam and trying to get the euro to take over as the main currency for oil trade. It almost worked. That isn't greed though is it? LOL
I don't care if you admire rich people or not. That makes no difference. Parasites? LOL. You have no problem with the parasitic government extracting money but you call the evil rich folks names. Ya know you euro folks almost got us by supporting sadaam and trying to get the euro to take over as the main currency for oil trade. It almost worked. That isn't greed though is it? LOL
That's another difference, we don't consider government parasitic, we don't have that odd notion that government = bad. Actually, we had too little and weak governments in the past, that is why we have the financial mess in the first place. Finance people are like pit bulls, it was irresponsible not to use a strong, short leash.
The rest of your post makes no sense. are you drunk?
the US and UK would benefit from shifting the tax burden from income-earners to wealth-holders.
This is especially true considering that the owned wealth in the U.S. is immobile, in the form of infrastructure, land, and the layers upon layers of debt that are securitized , backed by immobile assets that cannot be "taken" anywhere.
which has zero to do with the topic.
French would benefit from being more capital-friendly like the US and UK.
More or less , yes. Not taxes in general, but the sort of taxes that would affect the wealthy, like property taxes and luxury taxes and financial transaction taxes. (Rather than wage taxes, like America's payroll tax)
More nonsense. The burden is already shifted. Half the country doesn't pay any tax. The payroll tax holiday is still in effect by the dear leaders who are only trying to help those poor souls out but in reality they are causing the program to collapse faster. Ignorant polcies put in place don't help the poor out like many think. Stealing from one and handing to another will not help. Kicking the can down the road has led us all to a cliff. Europe will go off first at least.
What pray tell does the tax system in France have to do with Liberals in the US? We have a 35 % tax rate on the wealthiest in America and what did our leading GOP canidate Romney pay on his income taxes? 14%!
Meanwhile some poor guy working at McDonalds gets 15% whacked out of his paycheck!
That's Socialism. And it has never worked. As Margaret Thatcher said, "The problem with Socialism is that eventually you run out of other people's money".
Why don't you bring up all the capitalist failures? . If capitalism were so successful, there would not even be socialism in the first place. I can also point out that many socialist countries appear to be functioning as well or better than "capitalist" ones. Can you explain how Norway, Sweden and China fits in with your statement?
I am not even a socialist BTW.
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