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Not Eastern Europe, but the socialist countries like Norway, Sweden, Denmark, the Netherlands, Etc. I feel like they are trying to turn us into Europe by taking away freedoms and pushing their liberal/socialist views on us.
How much gun violence do they have compared to us.
Can't really do that as union pensions and even non-union retirement plans are invested in the stock market, etc., for adequate growth to fund millions of workers' retirement. $24 Trillion is invested in pension/retirement accounts, and the State of Illinois public employee retirement system pension fund alone earns over $2 billion per year just in investment income.
Not true. A Wall Street speculation tax can generate huge amounts of money and will not impact long term investors like pension funds and 401k. It reduces speculative trading, while transaction costs for the average investor and pension funds will be the same. Wall Street will bear the cost, and it is a fair contribution towards paying for some of the burdens the financial industry has caused the American people and the average taxpayer.
I think the USA could learn a lot from the northern European, Germanic countries. They manage to be innovative, productive, and recognize that producing quality goods and services and quality of life are all important. If the liberals were successful, I think we would see a much larger share of the national wealth spread across society instead of clustered in the hand of folks like Trump, the Koch Bros., Gates, etc. If CEOs earned only, say 50 times what their workers earned, instead of 500 times, it would be better all around. I am having hard time getting scared about that "problem."
No, it's not irrelevant. It causes the lowest income earners to bear the greatest tax burden as a percentage of their income. I posted the analysis.
It is somewhat irrelevant because low income people always spend a most of their earnings on something that can't avoid. In Europe its VAT, in US its property tax, property insurance, healthcare and education.
Not Eastern Europe, but the socialist countries like Norway, Sweden, Denmark, the Netherlands, Etc. I feel like they are trying to turn us into Europe by taking away freedoms and pushing their liberal/socialist views on us.
Yes they do because it is about control. Plus SocististLeftist think the tax payers have a endless source of taxes revenue!
Oh I forgot they have taken 91% (The Clinton Plan)of your wages alreadyand kiss that job good bye!
I would prefer a USA much closer to Europe than to an uncontrolled corrupt and insane absurdity like Brazil or the kleptocracy infesting China.
I could live in a place like Sweden even with its high taxes because I would be getting high benefits. I would also have the comfort of knowing my country was not trying to play Cop of The World.
Not true. A Wall Street speculation tax can generate huge amounts of money and will not impact long term investors like pension funds and 401k.
How not? The cost of the tax will be passed on to pension funds, 401k investors, etc., in the form of extra fees and/or percentages.
You can't possibly be so underinformed that you're unaware that the end user/consumer always pays that kind of tax. It's incorporated into the cost of goods and services.
As an example, note that the federal taxes even the lowest income quintile pays include corporate income tax in an analysis of total effective tax rates:
" *Individual income tax rates for the lowest and second lowest quintiles are negative and are netted against the payroll tax rate. A quintile is one fifth of the population. Calculations assume that employees also pay the employer portion of payroll taxes in the form of reduced wages. The breaks are (in 2013 dollars): 20% $24,191; 40% $47,261; 60% $79,521; 80% $134,266; 90% $180,482; 95% $261,471; 99% $615,048; 99.9% $3,170,865."
I would prefer a USA much closer to Europe than to an uncontrolled corrupt and insane absurdity like Brazil or the kleptocracy infesting China.
I could live in a place like Sweden even with its high taxes because I would be getting high benefits. I would also have the comfort of knowing my country was not trying to play Cop of The World.
I agree. American taxpayers are angry because out tax dollars are sent down a black hole.
If we had the roads and transit , a lower cost health system, less military interventions and half the corruption and lobbying we have now there would be alot less complaining.
ROI.
American taxpayers are angry because our tax dollars are sent down a black hole.
If we had the roads and transit , a lower cost health system, less military interventions and half the corruption and lobbying we have now there would be alot less complaining.
ROI.
I agree, 100%.
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The Grass is is Greener?
