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Old 06-10-2015, 12:48 PM
 
13,943 posts, read 5,615,884 times
Reputation: 8603

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Quote:
Originally Posted by AMSS View Post
We don't help the poor either by giving more and more tax cuts to the rich. You do know that taxes were at 90% under Eisenhower and in the 70s under Nixon? People who were never wealthy and wouldn't ever be could still own a home and raise his family on one income.
And you do know that under those tax rates, the federal government still got the same approximate percentage of GDP in revenue, right? When tax rates go higher, wealthy people are still wealthy, they simply change their income behavior to avoid higher tax rates.
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Old 06-10-2015, 12:59 PM
 
34,278 posts, read 19,358,607 times
Reputation: 17261
Quote:
Originally Posted by Volobjectitarian View Post
And you do know that under those tax rates, the federal government still got the same approximate percentage of GDP in revenue, right? When tax rates go higher, wealthy people are still wealthy, they simply change their income behavior to avoid higher tax rates.
So then if the amount doesnt matter...then why shouldnt we do this?

And the behavior....you mean lke higher investment in businesses and people?
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Old 06-10-2015, 01:00 PM
 
Location: Great State of Texas
86,052 posts, read 84,442,711 times
Reputation: 27720
It's quite easy to start to accumulate wealth at any age.

DRIP is one good way. I was only sending in $25/month when I first started investing.
Anyone can do it.
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Old 06-10-2015, 01:08 PM
 
Location: the very edge of the continent
88,971 posts, read 44,780,079 times
Reputation: 13681
Quote:
Originally Posted by greywar View Post
And the behavior....you mean lke higher investment in businesses and people?
That's what they'd avoid because that would result in higher income and therefore the higher tax rate. That's what we're trying to tell you. Raise taxes on those who could earn enough to have the capital necessary to invest in the growth of the economy, and kiss economic growth and well-paying jobs goodbye.
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Old 06-10-2015, 01:14 PM
 
34,278 posts, read 19,358,607 times
Reputation: 17261
Quote:
Originally Posted by InformedConsent View Post
That's what they'd avoid because that would result in higher income and therefore the higher tax rate. That's what we're trying to tell you. Raise taxes on those who could earn enough to have the capital necessary to invest in the growth of the economy, and kiss economic growth and well-paying jobs goodbye.
No YOU If you can't pull a extra million out of your business cause it gets taxed heavily, you re-invest it. IE don't take it as income.

I mean the opposite would be lowering taxes, and that would cause massive economic growth right? I mean, thats what Kansas did....how is that working out?
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Old 06-10-2015, 01:32 PM
 
Location: Great State of Texas
86,052 posts, read 84,442,711 times
Reputation: 27720
Quote:
Originally Posted by greywar View Post
No YOU If you can't pull a extra million out of your business cause it gets taxed heavily, you re-invest it. IE don't take it as income.

I mean the opposite would be lowering taxes, and that would cause massive economic growth right? I mean, thats what Kansas did....how is that working out?
The real question here is do you want the people to have the money or the government ?


High taxes..the government gets the money.
Low taxes..the people get the money as it circulates in the economy.
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Old 06-10-2015, 01:33 PM
 
Location: South Carolina
3,022 posts, read 2,272,347 times
Reputation: 2168
Quote:
Originally Posted by Haakon View Post
You're just looking for any excuse why people fail other than their own choices. Sure jobs from previous generations aren't there, they've been replaced by other jobs. The population of the US has nearly doubled in the last 50 years and the great majority of people are working and almost all of them are working above minimum wage. Do you really think that new jobs haven't been created over the last 50 years or 25 years? My first 'real job' out of college doesn't exist anymore, it was replaced by the Internet which created millions of new jobs.

But don't forget there are millions of other, more traditional/old school, types of jobs that are going unfilled because people aren't willing to put in the effort to do them. There are options for people who are motivated and work to get ahead Profoundly Disconnected.

Two quotes mis-attributed to Darwin, but are still valid:
It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change.

In the struggle for survival, the fittest win out at the expense of their rivals because they succeed in adapting themselves best to their environment.


Those who refuse to adapt won't succeed no matter how much of other peoples money you throw at them.
Thousands of jobs are going unfilled because people are not putting in the effort so why are there so many in this country who are going to college or trade schools? Saying people are not getting ahead because they are not putting in the effort is false and just showing plain ingnorance. Plenty of people who have been successful have not had to adapt so these quotes are not always true.
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Old 06-10-2015, 01:45 PM
 
34,278 posts, read 19,358,607 times
Reputation: 17261
Quote:
Originally Posted by HappyTexan View Post
The real question here is do you want the people to have the money or the government ?


High taxes..the government gets the money.
Low taxes..the people get the money as it circulates in the economy.
Notice the response earlier where someone said they got the same amount as a % of GDP? I mean hey if thats the argument....

And you do know the government spends the money....ie circulates it n the economy....

Sigh.

The real argument is...at what point will the income and wealth inequality damage our economy enough that people recognize the problem?
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Old 06-10-2015, 01:48 PM
 
Location: Philadelphia Area
1,720 posts, read 1,315,598 times
Reputation: 1353
Quote:
Originally Posted by Roadking2003 View Post
So you prefer dangerous governments to dangerous corporations?
When are you people going to get a clue?

It's not the "corporations" or the "governments. It's "They"/"Them" the Satanic illuminati.

Rakovsky outlines the Illuminati plan to blend Communism and Capitalism. In each case, the Illuminati will control all wealth and power.

"In Moscow there is Communism: in New York capitalism. It is all the same as thesis and antithesis. Analyze both. Moscow is subjective Communism but [objectively] State capitalism. New York: Capitalism subjective, but Communism objective. A personal synthesis, truth: the Financial International, the Capitalist Communist one. 'They.' " (276)

In the case of Communism, the State owns the corporations, and the bankers own the State. In the case of Capitalism, the bankers control the corporations, and the corporations control the State. In each case, you have monopoly capitalism with increasing political and cultural monopoly in the West resembling that of Soviet Russia.

And this man's wealth distribution video outlines what the results are perfectly. Exactly what this guy back in the 1930's said would happen is happening. That's just a coincidence though?

from:
"The Aim of Freemasonry is the Triumph of Communism" - henrymakow.com


https://www.youtube.com/watch?v=acLW1vFO-2Q


https://www.youtube.com/watch?v=ntJRasF_QGU
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Old 06-10-2015, 01:50 PM
 
Location: Inland Northwest
1,793 posts, read 1,441,134 times
Reputation: 1848
The people you vote for are all millionaire one percenters. Who'd you think they were going to support? The middle class? Black people?

Jesus Christ what a bunch of morons.
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