Super rich pay no taxes

reply to post by poet1b


Taxing the super rich will do nothing but drive more businesses and productive people out of this country. What we need to do is get government out of the way. Government is what has caused this problem and it will not be what fixes it.

reply to post by crankySamurai


The wealth we are talking about here is not about living a good life, it's about grabbing large amounts of money so that one can live like a king, irregardless of the cost to others. This kind of wealth is evil.

The problem isn't created by government. The problem is created by corporate banking, and their success at fooling people into believing in a free market, where the rules that keep bankers in check are eliminated, and bankers take over control of the country.

What needs to happen is that the people of this country need to wake up to the scam of the free market, take back control of our country, and cut these banking scumbags off at the ankle.

reply to post by Iron7


Then we are in agreement.

My goal is to wake peoe up to how we have been scammed.

reply to post by EvilSadamClone


Obviously you don't understand the concept of banking. People put their money in banks. The banks loan money to purchase expensive production equipment. This equipment is then used to create wealth.

Often it has been government funding that allowed it all to happen in the first place. The problem is when bankers seize control and claim ownership of everything, by cooking the books in their favor.

If rich people create jobs, then the third world nations dominated by rich people would be the first world nations, and the first world nations where wealth is far more evenly distributed would be the third world nations.

It never ceases to amaze me that people advocate theft as some sort of solution to our problems...Sigh! And 2 million a year is super rich wow? Good for those folks that managed to avoid having the fruits of their labors stolen by government thugs! I aspire to be one of them some day!

reply to post by crankySamurai


Just the opposite, when taxes on rich people have been high, our nation has prospered the most.

It's more proof that the super rich are giant parasites.

Baloney. According to this Forbes article:

Economies prosper when multitudes of ordinary people are motivated to make improvements. This is because information and insights needed to make an economy prosper are widely dispersed. There’s far more than could ever be centralized, validated and updated in a place like the federal government. The most reliable way to motivate people? Harness their self-interest: let them try making a profit by starting a business based on their information and insights. Government can best promote prosperity by, among other things, maintaining equal rights, low taxes, free trade, sound money, predictable laws and protection against force and fraud. Government should let consumers render their verdicts in open markets – no subsidies, special favors or bailouts.

www.forbes.com...

And taxing the rich to ridiculous lengths does not encourage them to do stuff.

Which is why you have them hoarding things and doing what they can to run others out of business.

And let's see...

Depression under Wilson started after he raised taxes.
Depression under Hoover started after he raised taxes.
Depressions prolonged under FDR after he raised taxes.

Coolidge lowered taxes and it was at the time the most prosperous time in US history.
JFK lowered taxes and we had better economic times.
Reagan lowered taxes and we had the largest economic boom in history
Bush lowered taxes and we had 52 straight months of job growth, the longest in history.

Raising taxes on people does absolutely nothing to engender prosperity. lowering taxes does.

You can't just take and take and take and take without consequences. The consequences to high taxes is more greed and hoarding.

They pay very small percentages because "Hey! These are the "job creators"...How's that workin' out for ya?

This whole train of thought is one cruel @ss joke being played on the gullible. The stock market is back to nearly what it was before it tanked in the fall of 2007...where is all the "jobs" these "job creators" are supposed to make with those tax credits?

I tell you where...in their freaking offshore banks is where. They have continued to prosper and this fallacy that they need a tax break to create jobs is laughable. They haven't and won't create any more jobs. they are making bank and they are going to keep it. Why invest (and risk) money into creating a new company and jobs when you don't have to? I wouldn't.

I don't blame these folks. The herds have sit back all starry eyed and waited for the scraps to be cast off the table...month after month they wait...always hopeful that those "good ole boys" in Washington and Wall Street will swoop in and save the American dream...how long are you going to be a sucker?

I don't care what the wealthy do. I do care that I see a whole shiz load of deceived people who just don't seem to get it.

The GOP is the party of business. IF you want in on the good ole boy club, you better buck up and find a way to start your own gig. If you are waiting for someone to open a door to your future prosperity...you are going to be sitting there for the rest of your life. They do not care and they are not going to create a job for you.

reply to post by hawkiye

It never ceases to amaze me that people advocate theft as some sort of solution to our problems...Sigh! And 2 million a year is super rich wow?

If you buy the free market scam, then you advocate theft as some sort of solution.

Someone who makes 2 mil a year isn't super rich. Who made this claim, or are you just making up nonsense?

Originally posted by poet1b
reply to post by crankySamurai

 

The wealth we are talking about here is not about living a good life, it's about grabbing large amounts of money so that one can live like a king, irregardless of the cost to others. This kind of wealth is evil.

The problem isn't created by government. The problem is created by corporate banking, and their success at fooling people into believing in a free market, where the rules that keep bankers in check are eliminated, and bankers take over control of the country.

What needs to happen is that the people of this country need to wake up to the scam of the free market, take back control of our country, and cut these banking scumbags off at the ankle.

There are not 2 different types of wealth. What is different is the way you attain it. One method is buy force, taking the products of other peoples work, and the other method is by producing and trading.

When goods are taken by force, fraud or deception it is indeed an evil method. The current economic system is set up for precisely this to happen. The government is who has control of the money supply and has set up the economic landscape. They are the ones who are inflating the money supply while enriching their buddies.

That is not how a free market works. There is no central bank, no fiat money and ability for government to set the playing field. The only way to earn wealth is to produce it.

Originally posted by EvilSadamClone
Reagan lowered taxes and we had the largest economic boom in history

Reagan oversaw the largest tax increase in history.
Where are you getting all this baloney?

reply to post by poet1b


Why are the vast majority of our government officials so damn rich?

Why are so many government workers retiring with outrageous pensions and benefits. So outrageous that municipalities are going broke as a result?

You are deceived.

Originally posted by poet1b
reply to post by crankySamurai

 

Just the opposite, when taxes on rich people have been high, our nation has prospered the most.

It's more proof that the super rich are giant parasites.

LMAO! Wow that has to be one of the all time most ridiculous statements I have ever heard...

But for the sake of argument lets say it's true. Now lets do a little simple math here and see where it takes us. Ok we have approximately 300 million in the US according to stats and about 1% are millionaires or the super rich as you like to call them, 1% of 300 milion is 3 million. So lets say 3 million people have a million or more in cash and assets. if each them paid a million in taxes (far more then they do or should) that's 3 trillion in revenues. The US being nearly 80 trillion in debt and creating and printing money to stay afloat that is a drop in the bucket!

So please do explain how that would translate to prosperity much less solve any of our problems? You seem to assume the government stealing more money from Americans equates to more prosperity which also assumes the government is responsible for prosperity when they produce nothing of value and create no wealth of any kind! They only steal value and wealth from the citizens and create debt eroding the currency hence the wealth of the nation.

What ever cool-aid you're drinking must be liquid crack...

reply to post by EvilSadamClone


Coolidges policies created the great depression, which was already in full swing before Hoover took office. The twenties where a time of massive build up of debt, and wide spread ponzu schemes, the great Florida land speculation being one of many. Look up the Resolution Trust Company.

When bankers wind up owning everything, then there is no incentive for people to be productive. Which is the main problem in most third world countries. The free market scam is slowly turning the US into a third world nation, deeplynon debt to the ICs.

It takes good governance to defend the rights of the people.

Don't you believe in the principles the US was founded upon? Why do you want bankers to run our country, because that is what you advocate

reply to post by hawkiye


What thread are you reading?

Ask a question about something I posted, and I will give some answers.

Originally posted by poet1b
reply to post by hawkiye

 

It never ceases to amaze me that people advocate theft as some sort of solution to our problems...Sigh! And 2 million a year is super rich wow?

If you buy the free market scam, then you advocate theft as some sort of solution.

There is no free market scam! The only scam is idiots trying to label socialist/Marxist/fascist intervention is a free market...

Yeah gee being able to freely buy sell and trade without government intervention price fixing, stifling competition etc etc. is a scam... Sigh! Geeze what ever you're smoking you need to quite... Sigh!

reply to post by MsAphrodite


Free market economics.

2nd line.

reply to post by poet1b



Are you blind? I quoted you saying that high taxes on the rich cause prosperity. let me quote it again. It's your words but of course you want to try and avoid answering me when the math proves how ridiculous the statement is.

Originally posted by poet1b
reply to post by crankySamurai


Just the opposite, when taxes on rich people have been high, our nation has prospered the most.

It's more proof that the super rich are giant parasites.

reply to post by hawkiye


The free market scam is to get people to blame government for the actions of the bankers.

They fool people into getting rid of the laws that prevent the bankers from rigging every transaction so they get a slice.

At what point does the US public wake up to this reality?

Originally posted by poet1b
reply to post by EvilSadamClone

 

Coolidges policies created the great depression, which was already in full swing before Hoover took office. The twenties where a time of massive build up of debt, and wide spread ponzu schemes, the great Florida land speculation being one of many. Look up the Resolution Trust Company.

When bankers wind up owning everything, then there is no incentive for people to be productive. Which is the main problem in most third world countries. The free market scam is slowly turning the US into a third world nation, deeplynon debt to the ICs.

It takes good governance to defend the rights of the people.

Don't you believe in the principles the US was founded upon? Why do you want bankers to run our country, because that is what you advocate

Your first statement says it all. Government created the problem. The great depression as you point out was a product government lowering interest rates and creating a boom. The depression was the market correction for the bad investment spurred on by government policies.

I don't see how you equate free market to government created problems. The only way banks can own everything is when the bank controls the money supply. This only happens when the government creates a central bank. This is the absolute opposite of a free market where money is determined by the market and not by government.