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manlyboy
Joined: 01 Aug 2004
Location: Darwin, Northern Territory, Australia
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 Posted: Wed Nov 05, 2008 6:00 am Post subject: |
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Unless your highly taxed employer shitcans you because his business is no longer profitable. |
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Bibbitybop
Joined: 22 Feb 2006
Location: Seoul
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| Posted: Wed Nov 05, 2008 6:33 am Post subject: |
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| manlyboy wrote: |
Unless your highly taxed employer shitcans you because his business is no longer profitable. |
You mean the boss won't be able to buy his wife a 2nd car? Or himself a 30 foot yacht instead of a 40 foot one?
The trickle-down theory hasn't worked. With Bush's tax cuts, job loss and a poor economy is rampant. |
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manlyboy
Joined: 01 Aug 2004
Location: Darwin, Northern Territory, Australia
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| Posted: Wed Nov 05, 2008 9:04 am Post subject: |
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See, I can't argue with that. There is simply no arguing with someone who actually believes America is a tsarist hellhole where you're either an aristocrat or a serf.
You think you're inheriting a bad economy now? Wait and see what the next president inherits after a term of policies devoted to redistributing wealth instead of creating it.
Still, as long as you get yours, right? |
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JustJohn
Joined: 18 Oct 2007
Location: Your computer screen
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| Posted: Wed Nov 05, 2008 9:16 am Post subject: |
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Oh dear, lets not get started on the economy because I'm quite certain that 95% of people on here lack even a basic understanding, and those who know the tiniest bit will all profess to be experts.
For the time being suffice it to say that bibbitybop is clueless. Anyone who thinks that the state of the economy during a President's term is a good indication of the success of his economic policy is severely under-informed (or perhaps misinformed or simply a blithering idiot). These things generally move in 10-15 year cycles.
The financial crisis we're seeing now is due almost solely to lack of discretionary lending (or you might say it was Alan Greenspan's fault for assuming that banks would be smart enough not to bankrupt themselves), but who was the president 10-15 years ago? I'll give you a clue, it wasn't Bush. Do a little research and see for yourself. |
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Bibbitybop
Joined: 22 Feb 2006
Location: Seoul
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| Posted: Wed Nov 05, 2008 9:36 am Post subject: |
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| JustJohn wrote: |
For the time being suffice it to say that bibbitybop is clueless. |
So you believe the trickle-down theory has worked out for America?
manlyboy, good job putting words in my mouth, but I'll respond to this:
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| where you're either an aristocrat or a serf. |
Have you seen the stats on the growing gap between rich and poor, CEO and common worker?
Peaceful resolution is better than violent revolution.
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| Still, as long as you get yours, right? |
No, as long as the majority, namely the middle class and working class, gets theirs. |
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ReeseDog
Joined: 05 Apr 2008
Location: Classified
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| Posted: Wed Nov 05, 2008 10:38 am Post subject: |
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| pkang0202 wrote: |
| crazy_arcade wrote: |
Canada is conservative, damn conservative.
Did you graduate high school? Just a question.... |
Canada JUST became conservative. Liberals ran Canada ever since Canadians were trapping beaver. |
Canadians get less beaver than any other nationality. |
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ReeseDog
Joined: 05 Apr 2008
Location: Classified
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| Posted: Wed Nov 05, 2008 10:40 am Post subject: |
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| Bibbitybop wrote: |
...as long as the majority, namely the middle class and working class, gets theirs. |
Even if they didn't earn it, that it was just "redistributed?" |
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Bibbitybop
Joined: 22 Feb 2006
Location: Seoul
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| Posted: Wed Nov 05, 2008 12:19 pm Post subject: |
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| ReeseDog wrote: |
| Bibbitybop wrote: |
...as long as the majority, namely the middle class and working class, gets theirs. |
Even if they didn't earn it, that it was just "redistributed?" |
The middle class busts their ass, yet many can't afford basic necessities. Or to afford them, they work 2 jobs and rarely see their families. They certainly do earn it. |
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OneWayTraffic
Joined: 14 Mar 2005
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| Posted: Wed Nov 05, 2008 1:58 pm Post subject: |
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Wow talk about polarized. This talk is as about as realistic as 'Bush wants to lock us all up in death camps.'
IMO there shouldn't be any personal or business tax at least not below some threshold. You should tax the things you don't want too much of, like luxuries and spending. Not earning and investing. |
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huffdaddy
Joined: 25 Nov 2005
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| Posted: Wed Nov 05, 2008 2:06 pm Post subject: |
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| Just to put things in perspective, under Eisenhower the top marginal tax rate was over 90%. Under Nixon it was over 70%. Were they both Commies as well? |
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JMO
Joined: 18 Jul 2006
Location: Daegu
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| Posted: Wed Nov 05, 2008 2:30 pm Post subject: |
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| So, if I go to America and I want something from these cretins, I should just call the alternative communism/socialism. Good to know. |
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khyber
Joined: 16 Jan 2003
Location: Compunction Junction
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| Posted: Wed Nov 05, 2008 2:55 pm Post subject: |
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| These things generally move in 10-15 year cycles. |
Didn't this mismanagement crisis basically begin in earnest within the last 5 years?
I mean NINJA loans (certainly a HUGE problem) barely existed pre 2000 non? |
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Kuros
Joined: 27 Apr 2004
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| Posted: Wed Nov 05, 2008 5:05 pm Post subject: |
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| Glasnost & Perestroika, comrades! |
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Kuros
Joined: 27 Apr 2004
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| Posted: Wed Nov 05, 2008 5:09 pm Post subject: |
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| huffdaddy wrote: |
| Just to put things in perspective, under Eisenhower the top marginal tax rate was over 90%. Under Nixon it was over 70%. Were they both Commies as well? |
And it was Herbert Hoover who raised the top tax rates from 25% to 63%.
OP, Socialism is when you nationalize industry or banks.
The premise of this thread is ignorant but not even humorously so. |
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Wed Nov 05, 2008 5:47 pm Post subject: |
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| Kuros wrote: |
OP, Socialism is when you nationalize industry or banks.
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Hmm.. I believe I read something about that little thing about nationalization recently. So PKang, it seems as though we've already had a socialist pres for some time  .
And for the person who was going on about 10-15 year cycles. Dude, give me a break.
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| IMO there shouldn't be any personal or business tax at least not below some threshold. You should tax the things you don't want too much of, like luxuries and spending. Not earning and investing. |
Agreed for the most part. Corporate tax should be lowered or eliminated. One thing is for sure: we need to simplify the tax code here in the States. |
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