Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Uh, "bubbles" are created by over-investment, er malinvestment, made possible by fractional reserve banking and, in modern times, the legalized counterfeiting by the private Morgan Reserve. Any other interpretation is either foolish or an outright lie.
Higher taxes on the rich may "prevent" bubbles, but that is because the rich have less incentive and money to invest. No over-investment, no bubbles.
"Crashes", depressions, panics, whatever occur when investors actually seek the returns on malinvestment.
Here's a paragrah from an article I provided a link to in post #43...
A very small niche of America's uber-wealthy have pulled off what may well be the biggest con job in the history of our republic, and they did it in a startlingly brief 30 or so years. True, they spent over three billion dollars to make it happen, but the reward to them was in the hundreds of billions -- and will continue to be.
I remember Warren Buffet saying the same thing in US. I don't think I agree with their approach, but I must admit they truly want to help their countries and are ready to sacrifice.
A group of rich Germans has launched a petition calling for the government to make wealthy people pay higher taxes.
The group say they have more money than they need, and the extra revenue could fund economic and social programmes to aid Germany's economic recovery.
Germany could raise 100bn euros if the richest people paid a 5% wealth tax for two years, they say.
Why don't people who want to pay higher taxes just send in their checks and be done with it, instead of roping everyone else into their ideology...that would be more credible than this bunk...
Why don't people who want to pay higher taxes just send in their checks and be done with it, instead of roping everyone else into their ideology...that would be more credible than this bunk...
Yes, like anyone else who is required to do bookkeeping you'll have to omit activities which will throw off the books.
Don't get me wrong, I admit I don't know if that is the case with the government, but I just wonder where the goverment would log it.
The IRS actually has a mailing address for those who would like to donate to the government. They accept cash, cars, gold, coins, property, and anything else of value one would like to donate. I tried to find the address online but couldnt
Did you read the article? I'm not one of the mega rich. I'd be more than glad to pay more if I were if it meant stabilizing my country's economy and keeping a strong and productive middle class. The country that allowed me to attain wealth, no less. Bush's tax cuts for the rich, especially during a time of war were absurd. Did you bother to read the article?
Did you read the article? I'm not one of the mega rich. I'd be more than glad to pay more if I were if it meant stabilizing my country's economy and keeping a strong and productive middle class. The country that allowed me to attain wealth, no less. Bush's tax cuts for the rich, especially during a time of war were absurd. Did you bother to read the article?
No need.
He sounds like a hypocrite as well, who doesn't volunteer extra $$$ but thinks others should, while he eats out, drinks beer, does recreational drugs and goes on a cruise...
I'm not on board with your agenda, but apparently .002% of wealthy Germans agree with you.
I remember Warren Buffet saying the same thing in US. I don't think I agree with their approach, but I must admit they truly want to help their countries and are ready to sacrifice.
A group of rich Germans has launched a petition calling for the government to make wealthy people pay higher taxes.
The group say they have more money than they need, and the extra revenue could fund economic and social programmes to aid Germany's economic recovery.
Germany could raise 100bn euros if the richest people paid a 5% wealth tax for two years, they say.
::sigh::
Yet another reason I want to live in Germany.
I remember Warren Buffet saying the same thing in US. I don't think I agree with their approach, but I must admit they truly want to help their countries and are ready to sacrifice.
A group of rich Germans has launched a petition calling for the government to make wealthy people pay higher taxes.
The group say they have more money than they need, and the extra revenue could fund economic and social programmes to aid Germany's economic recovery.
Germany could raise 100bn euros if the richest people paid a 5% wealth tax for two years, they say.
Frankly, my dear, I don't give a damn what the Germans do in their own country. What does this have to do with the U.S., anyway? Nothing, absolutely, emphatically nothing.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
