#71
Are you that dense? Compare a person living on $1200 a month to someone who's making millions in capital gains. Poor person buys an apple and a rich person buys an apple. Who has more money left over? Who's paying more in taxes as a percentage of money earned on that apple?
#73
#74
Well, I see you're thinking at least. You are speaking of tax rates and percentages which should be adjusted for the bottom. I'm speaking of the folks near the 50% line who pay zip, not the bottom 10%. Those that need help we have those programs in place. This isn't hard to understand, I don't think.
Capital gains are taxed lower because they're investments using their own money. If you raise the effect rate what makes you think those evil richies(as they're known) won't invest elsewhere with a lower rate? They will.
-Wes
2013
#76
I certainly hope you are not calling the USA Capitalistic because it has not been such for a long time. The USA has been a Socialistic Nation for some time and this is why is not working too well. We need to go back to full blown Capitalism. Survival of the fittest and the brightest.
#77
#78
#79
#80
Socialism will never work in the US. Americans will never put up with the attempt at multiplying wealth by dividing it.
OTC
#81
#82
#83
So 50% are at or below the poverty level right now? Government needs to tax the upper 50% an outrageous amount to 'take care' of the lower half? Government knows better how to spend your money than you do? What tax rate would be acceptable(FAIR) in your eyes for the upper 50%? Throw out some numbers.
Cornell West is that you? If crony capitalism is gutted out of our political system, plutocrates would be stymied. This country has been operating on a quasi capitalistic/socialistic platform for about twenty years now so what's the answer? Give us the end all be all solution.
This country is in a huge quandary financially and no matter what tax rate is chosen it's not enough to 'fix' our growing welfare state, even if the upper 50% paying all of their money, yep 100% of their income AND savings into the system. Read up on hyperinflation, it's coming soon also. The ruling elite will be fine, others will be left to fend for ourselves.
And I'll leave you with this to ponder...
"The trouble with socialism is that eventually you run out of other people's money" ~ Margaret Thatcher
-Wes
2013
#84
#85
Never been myself but I read everything I can get my hands on and also know several folks who immigrated here from European socialist countries. Guess what, they're all staunch right wing nutz after their experiences from home. At least that's what they say.
Can you tell us your personal experiences? I like to hear all perspectives.
-Wes
2013
#86
yeah, 50% of the US population doesn't pay federal income taxes because they barely make enough to survive. Those are the stats. It's been bandied about on this board a number of times.
In a socialist country, they actually tax the wealthy. The US taxes middle class. God forbid if the wealthy had to give back the money they "earned" off the backs of their employees.
http://www.dailymail.co.uk/news/arti...ment-debt.html
Last edited by Egilbe; 04-14-2012 at 04:33 PM.
#87
I'm not sure what homogeneity (of what sort? Racial? Income? Political view?) has to do with taxation.
Canada, for example, isn't especially homogenous and generally rates higher than the US in terms of quality of life as well as taxation rates.
If nothing else, it casts doubt on the argument that lower taxes are the only way to live better.
#89
Many of the countries I mentioned earlier have many "socialist" programs that people fight against tooth and nail in the USA. And, again, they have a higher quality of life by almost any measure than the USA.
I'm not implying a causal relationship, mind you. I'm simply saying that this fear you seem to have that high taxes and socialism in certain areas lead to bad things is unfounded. Generally, the opposite is true.
#90
#91
#92
Politically and racially, mostly. Plus, with such a huge population, I think it's just much harder to pull off. When I think of places like France or Finland or Canada the population is small and more or less in the same boat. I think it's hard to get someone from South Beach to be of a similar mindset to someone from Muncie, Indiana. Places like Sweden don't have this problem. Everyone looks the same, has the same views, and has a similar heritage.
If America decided to pull a China it might work, but I don't see us becoming Germany or even England.
#93
#95
I am not sure your question is clear enough.
Fact is that we are Humans, and we will always want more that the guy next door. Even in Communist/Socialistic countries there is an upper crust that has more than average Joe. If you were born or are capable to get into that crust, you will have a better way of life than many. I have experiences this first hand for nearly 16 years and some of my relatives for nearly 50 years. All you have to do is look at the History of these current countries like the one you are living in, China. Even though they are Communist/Socialist, there are huge differences in classes.
#97
#98
I don't know. I'm not so sure that the USA is so radically different from the UK. There are regional differences far older there than in the USA, there are different races and there are different opinions on politics.
I think the real obstacle is the fact that so many Americans seem to simply be indoctrinated with the idea that socialism of any kind is evil. As the many countries with high taxes and high quality of life on that list prove, it really isn't that black and white.
#99
#101
People go to work because they are rewarded for their hard work by getting payed. Eventually in a socialist system the middle class loses the will to work, joins the freeloaders, and the money runs out. It's a simple fact of nature that freeloaders are either punished or everyone becomes a freeloader.
OTC
#102
|˙˙ʇǝuɹǝʇuı ǝɥʇ uo ʇxǝʇ uʍop ǝpısdn ɯopuɐɹ pɐǝɹ noʎ :ǝɯıʇ ǝǝɹɟ ɥɔnɯ ooʇ ʎɐʍ ǝʌɐɥ noʎ ןןǝʇ oʇ ʍoɥ˙˙˙|http://hotlinktest.com/
#103
Higher quality of life for who? You because if things were to change tomorrow and the entire country flipped to socialism, not a thing would change for you. The inner city and the extremely poor would get your money. If you think you'd be getting anything you're mistaken. And by "you" I mean everyone who is fortunate enough to have the access to and free time to post on the internet.
OTC
#104
You are wrong! And the USA has by far a higher population than most countries that are Socialistic/Capitalistic. And the way of life here in fact for most of the average Joe that bust their ass and actually work the way of life is a lot better than in most countries that are Socialistic/Capitalistic.
Socialism in countries like the USA leads to the laziness we are seeing. And with people NOT wanting to pay tax because they are too poor and then wanting to take money from the Government is pure BS. I do not mind a Balanced Socialistic country, but programs need to be better ran. The problem is, there are way too many people in the USA and the problems will continue.
And do not pull that **** that China has a better way of life than the USA.
#105
1) That didn't really answer my question. You implied that you have experiences living under a socialist system that none of us have. What are they, and why do they invalidate the examples of the many countries on the list I posted earlier with deep socialist tendencies and higher quality of life than the US by nearly all measures?
2) China is not socialist or communist. They're very nearly the sort of anarcho-capitalist country that many Ron Paul fans advocate.