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European/Scandinavian countries tax regressively and have less income/wealth disparity than the US as a result. Why would that be? A regressive tax system removes the perverse incentive the government has to make sure the rich get even richer in order to maximize tax revenue.
But you dont want a European tax system. Be honest about that. You have already made it clear you want an Alabama style system. Thats why you support this latest tax plan. Big cuts in taxes for the rich and lower tax-to-GDP is what you want. Not much higher taxes on the rich like in European countries and massively boosting the trade union movement.
Actually, we're not. We'd be better off if we taxed regressively, like Scandinavia and Europe. Read and learn; pay particular attention to the comparison scatter plot chart:
A link to a post by you.......? Do you just have a folder saved with tid bits like this?
Quote:
Originally Posted by InformedConsent
Our standard of living, social program benefits, etc., would be more like what Europeans/Scandinavians have. Read the info at the link in my prior post.
Your disdain for the poor is well noted on here..... why are you proposing something you would never support?
Quote:
The birth rate difference between women on public assistance, as a group, and women not on such has been relatively static at the rate of about 3 to 1, according to the US Census Bureau which tracks that info.
How can you draw valid conclusions without having sufficient knowledge of either taxing systems or birth rate differentials? You can't. You're just parroting ideological propaganda.
And what is the time period to which you are using to get your birth rate number?
But you dont want a European tax system. Be honest about that. You have already made it clear you want an Alabama style system. Thats why you support this latest tax plan. Big cuts in taxes for the rich and lower tax-to-GDP is what you want. Not much higher taxes on the rich like in European countries and massively boosting the trade union movement.
LOL. Right?
That poster seems to just want to win an argument.
What makes you think CalPERS isn't the largest US investor? What makes you think US workers and retirees don't have $27 trillion worth of investments in their pension/retirement accounts?
Factual info isn't erroneous. It's just over most people's heads. Most people in the US are financially illiterate.
And what relevance is calPERS that you constantly copy and paste? They are the largest US investor, and?
We've been on the second longest bull market run in history, you think main st has been feeling the stock market?
Quote:
Originally Posted by InformedConsent
What percent of the S&P 500's profits are distributed to the US workers/retirees holding $27 trillion worth of investments in their pension/retirement accounts?
And they are getting wealthy, like me, on overseas investment that may never require American workers.
...Perhaps the chart, above, explains what's holding back our economic growth. Those with the most to invest in the expansion of the US economy are having that money siphoned off by Fed Gov.
So how do you explain real estate's rise again? How do you explain the 2nd longest stock market run if those with the most to invest are being hampered by taxes?
Interest rate have been low under Alan Greenspan and effectively zero since the economic crash.... people with the means to invest are doing it......
Why not? It works better than what the US has. Flatten the tax rate brackets so that the middle class is in the same tax bracket as the top 1%, and implement a 20%-25% National VAT tax. That'll raise enough revenue to fund all the social program benefits lefties claim to want, so why would they object?
This tax bill is so flawed. They think by lowering corporate taxes, they will employ more people. I'm sorry but who is stupid enough to believe this. They will just line their own pockets and shareholders with more money. And the middle class gets screwed again.
This response is why you’re going to lose the House.
No freebies for you. I understand.
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