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The Unites States is already a socialist state. It has been since the 1950's ..... Only thing left is Healthcare, which obummercare will finish off .
Actually, a lot of people say the socialist state started with the creation of the Federal Reserve in 1913. Centralized banking is a tenet of socialist/communist states.
Actually, a lot of people say the socialist state started with the creation of the Federal Reserve in 1913. Centralized banking is a tenet of socialist/communist states.
OP, I'm having a hard time understanding what you're saying. Are you saying that the bond-selling is ultimately the socialistic part, because tax payers have to foot the bill?
Yes, that's correct. Let's say Richie Rich has a tax bill of $500k while the government is running a deficit. Now give him a tax cut so he only pays $400k. That extra $100k in his pocket increases the deficit by $100k; which has to be financed by selling bonds, which are paid for by all taxpayers.
Rule: Whenever the government is running a deficit and tax cuts are passed, the cost of the tax cuts are financed by socializing the cost to everyone.
Most all modern countries issue their own currency without leaning to communism. The EU states don't. But would you consider them less socialistic?
They have the European Central Bank, so no, they're more socialistic, not less so--and banking isn't the only way in which they are. They are essentially one country now. The elites just haven't told them. The elites feel it's better for people to have the illusion of the individual nation state. It's easier to maintain control that way.
Authoritarians have learned it's better to take control gradually, in a step by step process. Get people used to giving up their freedoms bit by bit in the name of security.
The current proposed tax reform: is it a form of socialism?
The federal government is running deficits. When you give the wealthy or corporations a tax cut, the deficit increases due to smaller revenues received. It forces the Treasury to sell more government bonds to finance the larger deficit. The interest on the bonds to pay for the tax cuts are paid for all taxpayers (and their kids) for decades to come.
In effect, a tax cut for the wealthy during deficits socializes a portion of their taxes due to all taxpayers. If the government is running a surplus then tax cuts are not socialistic.
The other ramification of tax cuts under the current economic conditions is whether or not it will create jobs or induce growth. There is no evidence that supply is constrained by a lack of capital. To the contrary, there is a lot of excess cash sloshing around at the top levels. Giving institutions and investors who already have an excess of savings even more cash won't stimulate more investment. It's pushing on a string.
Uh no. Refer to the standard definition of socialism. Tax reform is not socialism. Socialism is the collectivization of industry and manufacturing and the means of production, land and agricultural production, generally speaking.
Any representative government can allocate revenue expenditures as it sees fit, in response to party majorities or voter demands. In fact ANY country, free or otherwise, can allocate revenues as it sees fit, by whatever process it uses to make those decisions.
Going to your theory about "socializing" taxes by spreading out that portion not being paid by the wealthy to all taxpayers.... taxing the rich less wouldn't happen in the first place, in a socialist country. (The rich would largely flee the country anyway... but that's another question).
Most all modern countries issue their own currency without leaning to communism. The EU states don't. But would you consider them less socialistic?
Socialism is a process. And really, anything and everything could be manifested in the socialist process, as capitalism becomes global and then the big apocalyptic collapse comes as world capitalism implodes. Thus sayeth Karl Marx.
Communism is the end of the process, where communism gives way (theoretically) to a stateless utopian society free of any sort of want or inequality or class division. Theoretically.
The Unites States is already a socialist state. It has been since the 1950's ..... Only thing left is Healthcare, which obummercare will finish off .
The US is nowhere near socialism YET. But that's not to say the Left isn't working hard.
The Constitution would have to be trashed and burned for us to go full tilt toward socialism.
Musn't let that happen. I'm in big favor of a Constitutional amendment to make socialism a forbidden form of government in America (which really it already is, I think - but the relevant article needs to be strengthened to explicit denial).
Or pretty much any third world country with no social safety net.
And the irony is that third world countries with no social safety net include most of the remaining explicitly socialist states and a good remainder that try hard to be socialist.
The Unites States is already a socialist state. It has been since the 1950's ..... Only thing left is Healthcare, which obummercare will finish off .
A) The USA went socialist in 1933. That's when the people accepted the notion it was a "good thing" for government to TAKE from one to GIVE to another. That abolished private property, absolutely owned. (If government can take property without paying just compensation, it is no longer constitutionally protected private property).
B) There is no "right" to healthcare as long as the government criminalizes the unlicensed trade and practice of medicine. If the government ceased meddling, then anyone would have the right to treat anyone, to the best of their ability.
C) From the Communist manifesto:
"In this sense, the theory of the Communists may be summed up in the single sentence: Abolition of private property."
D) Welcome to the People's Democratic Socialist Republic of America. Which makes CONgress the most pro-communist organization in America, and may explain the smokescreen they used to "hunt Commies" in the 1940s and 1950s. It's an old trick to throw your own people "under the bus" to dispel suspicion.
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you're talking about.
