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originally posted by: neo96
How about a 1% tax on derivates
YAY!
Let's tax NOTHING!
Since that IS what derivatives are.
Pulled out of thin air like Fiat currency.
The big, $12,000 per year per adult policy, they find, would permanently grow the economy by 12.56 to 13.10 percent.
originally posted by: DBCowboy
originally posted by: PublicOpinion
a reply to: DBCowboy
There is no tax on derivative trading that I'm aware of. Remember 2008? Why would I need to justify a thing when we bailed them out already?
You're missing the point.
This program would require an increase in taxes. Doesn't matter what they tax, where they tax, it just means an increase in taxation.
It means taking from someone successful and giving it to someone less successful.
originally posted by: BlueAjah
So... the government would be taking MORE of MY hard earned money to give it away to lazy people.
Good Lord. Our country is seriously going insane.
Where do they really think that all of this money would be coming from?
originally posted by: DBCowboy
originally posted by: BlueAjah
So... the government would be taking MORE of MY hard earned money to give it away to lazy people.
Good Lord. Our country is seriously going insane.
Where do they really think that all of this money would be coming from?
You're a robber baron, you don't deserve it.
Hell, you didn't build it!
Given O's penchant for all things collective, Im certain he means everyone.... that is all the people who would survive the population control purge down to 500 mil or less. I mean, after all he described himself as a citizen of the World. He meant World Order. And Im not kidding.
originally posted by: neo96
You already got a taste of this snip.
Social Security.
Guaranteed POVERTY.
UBI is a delusion because no one wants to think where the income for over 300 million American would come from.
And guess effing what ?
No amount of printing more fiat currency.
No amount of borrowing money from communist China,and Japan, and OTHER countries.
No amount of treasuries.
No amount of taxation would even come close to the cash outlay.
I just cant wait for Nancy Pelosi to redistribute her millions. And that loud Congress lady ….. you know the one who has been inciting violence.....
originally posted by: PublicOpinion
a reply to: DBCowboy
Too big to fail anyone?
How about a 1% tax on derivates to pay back what is due with an UBI that ends poverty for good?
How is wealth redistribution (back to more humane levels) robbery when it hurts noone? The traders will keep trading cuz that's what they do to make a buck, this isn't about taking stuff from actual people.
Alright. You can call me Robin Hoodie if it helps.
originally posted by: PublicOpinion
a reply to: DBCowboy
This, in my opinion, is the foundation for the Democrat platform.
UBI.
Universal Basic Income.
Free money!
Ahem.... well we do happen to have one trying to do that now.... but ahem.... a bunch of people are calling him a traitor..... well maybe a traitor to the NWO......
Like... bailing out banks and injecting QE after QE into the highly addicted financial market?
Democrat platform? Why didn't the Rapepublicans stop this madness of socialism yet?
In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.
fee.org...
In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!