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A little gem from 1931
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Wow that sure sums it up great.
Like the fools who believe they have a new form of socialism.
Sooner or later the ones who are working say f$&kit the free food and vodka works and I’ll stay home. At the same time take my guns and no freedom of speech and boom it’s yo late and you have Venezuela.
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I read an excerpt this morning of a recent interview on CBC radio. The guest felt that a guaranteed income for all payed for by much higher taxes on highest income earners could save capitalism by creating new investments in new businesses by those receiving this guaranteed income. Does this sound remotely logical to anyone? Government's are talking more and more about a guaranteed minimum income, it is inevitable IMO!
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Originally posted by Hamloc View PostI read an excerpt this morning of a recent interview on CBC radio. The guest felt that a guaranteed income for all payed for by much higher taxes on highest income earners could save capitalism by creating new investments in new businesses by those receiving this guaranteed income. Does this sound remotely logical to anyone? Government's are talking more and more about a guaranteed minimum income, it is inevitable IMO!
Hard to believe people think this money will come out of thin air .
Before they have a chance to tax the wealthy..... the wealthy will be gone .. it’s happening already. Billionaires will move their money elsewhere , leaving the middle class to be crushed by overburdened tax’s to pay for these crazy ideas .
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Let’s not forget when America Was Truly Great- the 1950s and 60s when their tax rates were Over 70%
Economy And Innovation was booming , leading the world
Then along come the Neo-cons - Reagan , Thatcher etc and now we have 8 people with more wealth than Millions, and they pay little if any taxes
Trickle down economics explained. “Don’t Piss on my leg and then telling me it’s rainingâ€
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The statement somebody wants something for nothing gets a bit cloudy when you have people working 2 jobs rhat don't pay the basic necessities of a family. While the owner of those jobs sets on their ass collecting the money in the tropics somewhere. What do you all think is happenning to us farmers we re working our asses off which I don't mind except we re also taking all the risk. While some are sitting collecting the real dough? Take the seed tax as a small example we pay the shot if they make garbage or something gold they get paid what do we get? If it's garbage we likely lose a couple crops due to shot seed if it's good seed we flood the market. It's a win win isn't it?
There is the problem of others that wouldn't work whether they made a dollar or a million though. Those are rhe situations that help blur the lines of whatnis what.
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Originally posted by mustardman View PostLet’s not forget when America Was Truly Great- the 1950s and 60s when their tax rates were Over 70%
Economy And Innovation was booming , leading the world
Then along come the Neo-cons - Reagan , Thatcher etc and now we have 8 people with more wealth than Millions, and they pay little if any taxes
Trickle down economics explained. “Don’t Piss on my leg and then telling me it’s rainingâ€
Perhaps the problem isn't with the tax system?
Perhaps the problem lies in human nature that no tax scheme can solve?
I can't believe that you went down this regressive road.Well, yes I can.
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Reality is that free enterprise market based capitalism has been in the history books for so long that nobody would recognize it if it did show up. Today's bizarre mixture of socialism and crony capitalism is FAR from free enterprise. Most likely do not have the skills to survive if free enterprise capitalism ever showed up and don't go believing that your going to be all right and it is the others who will struggle to survive. Government in various forms is over 70% of the Canuckistanian economy today. This includes everything from SM farmers to speculators who need the central banks to keep transferring wealth their way. You can increase GDP by doing more tax audits so it is not a credible way of measuring economic growth. Anyways the economy needs are hard reset but who want to go first.
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