Democrat Socialism - Venezuela Slashes 5 Zeros From Currency In "One Of Greatest Devaluations Ever" (solution, dictators)

[BeerGeek40]

Originally Posted by Tominftl

These Fox watchers will believe anything. They love to demonize the democrats. Look at the embarrassment we have as President. They follow their cult leader....

Uh, this is a thread about the failure of socialism in Venezuela.
It's not about Trump, so take your Trump Derangement Syndrome somewhere else.

[InformedConsent]

Originally Posted by Northman83

Me and my wife both earned more then twice the average salary.. and we both where taxed less then 40%.. 37% I belive.


4-6 weeks of Holiday.
9-12 months of maternity leave.
College and University - mostly "free" or costs far less ( which means tax payer funded )
"Free Healthcare" - ( Where "Free" means tax payer funded )

Whats the average US tax burden.. by State?
What other costs do they have, not baked into the EU tax system?

This should get you started...


CHART>> Chart: Total Effective Local, State, and Federal Tax Rates, by Income Cohort <<CHART

Data sources for chart: Tax Policy Center and Institute on Taxation and Economic Policy, two liberal think tanks...

Federal Tax Rates (includes individual and corporate income tax, payroll taxes for Social Security and Medicare, and the estate tax):
http://www.taxpolicycenter.org/sites...F/T13-0035.pdf

Local and State Tax Rates (includes state income tax, real estate tax, private property tax, and sales tax):
Executive Summary | The Institute on Taxation and Economic Policy (ITEP)

[Finn_Jarber]

Originally Posted by PCALMike

In reality, social democratic parties will call themselves socialist all the time. Like this:

https://en.wikipedia.org/wiki/Socialist_Party_(France))

The Socialist Party (French: Parti socialiste [paʁti sɔsjalist], PS) is a social-democratic[7] political party in France, and the largest party of the French centre-left. The PS used to be one of the two major political parties in the French Fifth Republic, along with the Republicans.

In Belgium:
https://en.wikipedia.org/wiki/Parti_...iste_(Belgium))
The Socialist Party (French: Parti socialiste, PS) is a social-democratic[2][3][4][5][6] French-speaking political party in Belgium. As of the 2014 elections, it is the second largest party in the Belgian Chamber of Representatives and the largest Francophone party.

Perhaps it matters not what they call themselves. Even your link clarifies their approach is in fact Social Democracy, not a Socialist system.

[Finn_Jarber]

Originally Posted by Winter_Sucks

Social security and Medicare is socialism. Why don’t republicans grow a pair and cleanse the USA of this socialist plot?

Socialism means government owning the means of production. You are referring to social services. Universal healthcare is a social service, while SS is social insurance.

[WaldoKitty]

Originally Posted by Tominftl

These Fox watchers will believe anything. They love to demonize the democrats. Look at the embarrassment we have as President. They follow their cult leader....

I don't watch Fox. But I get why personal attack is all that you have in response to this.

[desertdetroiter]

So. None of our concern.

[thecoalman]

Originally Posted by Colorado Rambler

There are a number of reasons for Venezuela's current woes - none of them has anything to do with being a "full Democrat Socialist nation" which Venezuela is not.



The number one main reason for Venezuela's current woes is explained in an excellent Backgrounder by Danielle Renwick of the Council for Foreign Relations:

An Oil-Based Economy

Call it what you want. The fact is Venezuela had a thriving oil industry until they nationalized it. They kicked out the people that knew what they were doing and installed politically connected people in their place. They used the oil profits for such perks as 10 cent a gallon gasoline, housing subsidies and whatever else they could spend it. On top of that they basically mortgaged the industry so they could give away even more free ****.

Meanwhile back on earth the industry was crashing and burning, literally in some cases.

[okcthunder1945]

Originally Posted by InformedConsent

You gotta pay to play. Look at the national tax burdens of a typical worker in the chart on page 9:

http://www.institutmolinari.org/IMG/...en-eu-2017.pdf

Typical American workers won't accept being taxed at those rates, so we can't have Northern Europe's government-provided social programs.

Then why be dishonest about it and call it Democratic Socialism?

[okcthunder1945]

Originally Posted by BeerGeek40

Uh, this is a thread about the failure of socialism in Venezuela.
It's not about Trump, so take your Trump Derangement Syndrome somewhere else.

Which is why you don't hear people nationalizing a commodity based industry. Smarter countries (democratic socialist and theocratic) created sovereign wealth funds with their oil wealth while Venezuela mismanaged theirs.

[okcthunder1945]

Originally Posted by WaldoKitty

I don't watch Fox. But I get why personal attack is all that you have in response to this.

Because you created an intentionally misleading opening sentence, otherwise you are merely ignorant of the terminology. Would you like for me to tell you where you made your error?