Ending Bourgeois Western Democracy

Originally posted by grey580
reply to post by HenryNorris

 

The arrogant west is slowly accepting the fact that China is the most successful nation and the near futures undisputed superpower. People in the west are starting to understand that they are in no position to be giving China advice about anything.

This person has no idea what they are talking about.
China is a nation built upon false growth. And right now is facing a bubble of epic proportions.
Ghost cities. Empty 1/2 billiion dollar 100 story office buildings.

www.marketoracle.co.uk...

And you think China is isn't in the same boat as the USA? You're dreaming.

That is propaganda.

America is facing looking like Detroit all over.

China has massive surplus and is about to invest heavily in Europe. China is floating the RMB and demand for it is through the roof as Central Banks look to protect themselves from the doomed USD.

China will grow for at least two decades. This is the start of the Asian Century. Buckle up.

reply to post by HenryNorris


This was found in a box of Halloween decorations manufactured in China...

Source

Need I say more?

reply to post by HenryNorris

China is just in the proccess of stageism. They are in a capitalist empire and must play the capitalist game to beat America at it. China has beaten America at their own game.

No, cause America doesn't have a billion + 1 workforce under COMMUNISM supporting the state in everything they do. you cannot compare the two economies without factoring in that stat.

And its an arrogant western attitude to take away from Chinas rise by saying its simply because the affluent OPEC nations have exploited them. OPEC exploits lots of places. The CPC is smart. They have long term plans and are not influenced by the imperial west. China has protected their people ans now has better infrastructure than America and the standard of living continues to rise.

China exploits nations the same as the OPEC nations do. Rare earth minerals rings a bell. China has the capital to spend on these projects because of the fact that they collect billions in taxes:

Turnover taxes. This includes three kinds of taxes, namely, Value-Added Tax, Consumption Tax and Business Tax. The levy of these taxes are normally based on the volume of turnover or sales of the taxpayers in the manufacturing, circulation or service sectors.

Income taxes. This includes Enterprise Income Tax (effective prior to 2008, applicable to such domestic enterprises as state-owned enterprises, collectively owned enterprises, private enterprises, joint operation enterprises and joint equity enterprises), Foreign Investment Enterprise and Foreign Enterprise Income Tax ("FEIT"), and Individual Income Tax.

These taxes are levied on the basis of the profits gained by producers or dealers, or the income earned by individuals. Please note that the new Enterprise Income Tax Law of the People's Republic of China has replaced the aboves two enterprises taxes as from 1 January 2008.

Resource taxes. This consists of Resource Tax and Urban and Township Land Use Tax. These taxes are applicable to the exploiters engaged in natural resource exploitation or to the users of urban and township land. These taxes reflect the chargeable use of state-owned natural resources, and aim to adjust the different profits derived by taxpayers who have access to different availability of natural resources.

Taxes for special purposes. These taxes are City Maintenance and Construction Tax, Farmland Occupation Tax, Fixed Asset Investment Orientation Regulation Tax, Land Appreciation Tax, and Vehicle Acquisition Tax. These taxes are levied on specific items for special regulative purposes.

Property taxes. This encompasses House Property Tax, Urban Real Estate Tax, and Inheritance Tax (not yet levied).
Behavioural taxes. This includes Vehicle and Vessel Usage Tax, Vehicle and Vessel Usage License Plate Tax, Stamp Tax, Deed Tax, Securities Exchange Tax (not yet levied), Slaughter Tax and Banquet Tax. These taxes are levied on specified behaviour.

Agricultural taxes. Taxes belonging to this category are Agriculture Tax (including Agricultural Specialty Tax) and Animal Husbandry Tax which are levied on the enterprises, units and/or individuals receiving income from agriculture and animal husbandry activities.

Customs duties. Customs duties are imposed on the goods and articles imported into and exported out of the territory of the People's Republic of China, including Excise Tax.

Let's take a look at China's Overall Tax rates, in comparison to other places shall we?

12:30 100%
China
Corporate -- 25
Individual Min/Max -- 5 to 45
Payroll Tax - Combined with above
VAT/GST/Sales -- 17%

USA
Corporate -- 0 to 39% Fed / 0 to 12% State
Individual Min/Max -- 35% Fed / 0 To 13% State
Payroll Tax -- 2.9 to 15.3% Fed / 0 to 2% states
VAT/GST/Sales --0 to 10.25%

Pretty easy to have have all that revenue generated for projects when you take that much. That's only in taxation as well, that's not including the other fees and levy's the government has in place for the people of China to pay into.

China is only in a better position because it became a super power far later than the US did and was not mired in a host of international issues and wars over the last 6 decades.

China's economy however is inflated and not actually as good as it seems. Much like the US economy was inflated and faked prior to the 2008 crash. China will see a similar drop in value of Yuan along with a housing crisis that will strike them relatively soon.

~Tenth

reply to post by tothetenthpower

There wil be no drop because Central Banks are looking to replace their USD reseves with gold or the RMB. This is the death knell for America.

America lived on selling USTbonds and abusing the Reserve Status like a stolen credit card. It could not last forever.

The Super Commitee didnt save America. QE wont save America. Minting trillion dollar coins wont save America. Even the CIA admits America is on the backswing. America has peaked. Its a new day. Now America will become like Greece but the IMF wont own America. China will. Its all about confidence. Everyone is looking to China. America is the past.

America must turn to socialism and create a society that cares about more than the individual.

edit- If you were not a capitalist you wouldnt mind paying tax and helping your nation and countrymen. Its patriotic to pay tax. Its also good that nations like China make sure corporatists dont buy all the people utilities and assets. America wants to privatize the world. America like privatization because it allows corporatists to exploit us. China protects its people and contiues to build outstanding infrastructure.

reply to post by Bone75


Yeah I saw that.

That news item was what made me write the other thread.

I am sick of news stories like that. Westerners make me sick and no, you need say no more. That same day I saw this annoying jerk on A-Pac talking about how Australia must get China to reform as we grow closer with the asian century. These jerks have no right to judge China and I think they are pushed by American backed organisations to cause tyrouble between Australia and China. Australia must do what Russia did and kick all American 'aid' and 'rights' organisations out of Australia. They are destructive and use useful clever idiots to cause conflict.

Dalia Lama fan? He takes money from the CIA you know and encourages people to burn themselves alive. You like democracy puppets? Suu Kyi Fan?





edit- actually, I think I wrote the thread after reading a story where Australians are complaining about the Japanese eating whales. I am sick of westerners telling Asia what to do. Saw the A-Pac same day. But I did see that story. I dont know why I should believe it. Who knows who wrote that letter. Could have been anyone.