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Old 10-20-2011, 11:32 AM
 
13,186 posts, read 14,985,890 times
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Quote:
Originally Posted by sammbriggs View Post
denmark has a third of the population of florida! it has huge energy resources which make it a net energy exporter and also help fund some of their welfare state.

here's the overhead smash. denmark's top corporate tax rate is 10% lower than ours.
It has "huge energy resources"...I'm intrigued!.....do tell!
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Old 10-20-2011, 11:35 AM
 
13,186 posts, read 14,985,890 times
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Quote:
Originally Posted by hotair2 View Post
More austrian economics. He is advocating removing all safety nets so people will just hold on a little tighter...so what happens when they actually fall...Too bad I guess.

In reality he is calling for greater productivity (hold on tighter) for workers. How has that worked so far.

As you can see from the chart below, although productivity has gone up because hourly wages have stayed the same. I think the graph shows that Austrian economics is not going to end the income disparity.
Great point. I know it will go completly over their heads but that is so relevant to why this right wing bull crap needs to be dismissed.
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Old 10-20-2011, 11:38 AM
 
913 posts, read 873,127 times
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Quote:
Originally Posted by padcrasher View Post
It has "huge energy resources"...I'm intrigued!.....do tell!
denmark is around the 30st biggest producer of oil in the world from its oil and gas interests in the north sea. not huge, but when you factor in their small population, it's massive. we are a net importer.
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Old 10-20-2011, 11:42 AM
 
11,411 posts, read 7,814,472 times
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Quote:
Originally Posted by padcrasher View Post
Yes they are different alright. They have one of the highest IQ's of a nation in the World. .....And what's your answer?.......Let's do the opposite of what the smart people do......LOL
True. And many of these very smart (and well paid) Danes are leaving Denmark. Why? So they can avoid the 63% tax burden on wages of 70K and above. They're moving to places like Germany where they can pay a 25% tax rate on the same level of earnings.

Denmark is experiencing a labor shortage and has been for quite a few years. They even have a Greencard scheme and Positive List (of highly paid/skilled jobs that have unfilled jobs) so you can figure out if you are eligible to immigrate. Just be warned, if you are poorly educated and have no skills, Denmark doesn't want you.

In addition, Danish birth rates are below replacement levels.

Hmmm... Fewer people and higher paid workers moving elsewhere and taking their taxes with them. What do you think is going to happen to that 63% tax rate? Hint.... it's not going down.
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Old 10-20-2011, 11:51 AM
 
Location: Unperson Everyman Land
38,646 posts, read 26,398,078 times
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Quote:
Originally Posted by burdell View Post
Maybe it's not the income inequality creating problems, maybe it's the outgo inequality (tax loopholes/cuts for the wealthy, etc.) that creates problems?

OK, so what percentage of their income should a wealthy individual($250K+/yr) pay?

How does this resolve the problem of generational poverty?

If we tax the wealthy at 100% of their income but continue to fail to educate our kids, what will have been accomplished?
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Old 10-20-2011, 12:14 PM
 
12,436 posts, read 11,955,274 times
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Quote:
Originally Posted by alphamale View Post
It doesn't allow for the spending.

Please read the document.

Ignorance is bliss.
You need to go and do a citizen's arrest on the United States Supreme COurt. They have it all wrong. lmao.
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Old 10-20-2011, 12:16 PM
 
12,436 posts, read 11,955,274 times
Reputation: 3159
Quote:
Originally Posted by padcrasher View Post
Great point. I know it will go completly over their heads but that is so relevant to why this right wing bull crap needs to be dismissed.
It will, I am afraid, go completely over their heads.
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Old 10-20-2011, 12:19 PM
 
Location: southern california
61,288 posts, read 87,457,092 times
Reputation: 55564
every mugger thinks he has the solution. im not a mugger im helping to strive for income equality.
not so.
its about getting your own act together learn a trade, and stop spending like a drunk sailor.
those who made the wrong moves for the last 40 years (those still alive) now hate me.
the most hated group in america, young retirees.
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Old 10-20-2011, 01:12 PM
 
13,186 posts, read 14,985,890 times
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Quote:
Originally Posted by sammbriggs View Post
denmark is around the 30st biggest producer of oil in the world from its oil and gas interests in the north sea. not huge, but when you factor in their small population, it's massive. we are a net importer.
Retracted. They are 41st in the World...nothing so much as to distort their GDP. Just above that Island where people live in squalor...Trinidad.

http://en.wikipedia.org/wiki/List_of...n_oil_reserves
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Old 10-20-2011, 02:34 PM
 
913 posts, read 873,127 times
Reputation: 171
Quote:
Originally Posted by padcrasher View Post
Retracted. They are 41st in the World...nothing so much as to distort their GDP. Just above that Island where people live in squalor...Trinidad.

List of countries by proven oil reserves - Wikipedia, the free encyclopedia

proven oil reserves??????? i'm referring to what they pull out of the ground einstein! denmark is around 30th with double t&t's production. nevertheless, t&t aren't the poverty stricken islands you think they are. also, denmark has other industries, they have access to european markets, they are not as isolated, split up and spread out like the carribean islands
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