Search results

I also do not believe they intended for you to count as a voter unless you had property. They also favored all kinds of discrimination or left it to state legislation. Slavery was allowed. I could make a long list of issues they allowed and you wouldn’t agree living like that. One thing I...

I agree. But no matter what kind of taxes you pay we will always have to pay no matter what.

You write as if I were a member of congress. Thank you for the honors but I am not there. If I were a member of congress I would tell you the constitution gives the right to do so. And the limits to our government are well written there.

Well Revenues are not the issue. Spending is. It was first financed mostly by tax revenues, then by printing debt money.

This kind of talk comes from mainstream macroeconomics/econometrics models that are worthless.

I don’t think high tax rates alone stabilize or destabilize the economy. I think the US as we know it today would be impossible had taxes not been as high as they were between 1940 and 1980. Real tax rates were never cut. President reagan was the first to substitute them with high levels...

I dont think capitalism is the isue here. There are many types of capitalism and many systems and economic order. In fact we have a system closer to corporatism.

Thank you.

They are not without problems and excesses like we are. The euro currency was a great idea poorly developed. Our models hardly works as well.

Please you need to read better. This is progressive marginal tax talk topping at 80%. Success is a word we interpret according to your definitions. I see that to you Europe is s##hole, I se countries like Germany, France, Switzerland, Finland and Sweden way different. I think we can...

You have the answers for yourself.

Few paid such high taxes because there were few super rich and loopholes. Yet the marginal tax rates were more progressive the today’s. President Reagan never delimited the problem. He just postponed with debt and so did every administration after him.

The title of the thread is just to attract you to debate here. My position is that such a rate (as it used to be from 1940 to 1980) is not an impediment to economic prosperity. Subsisting high tax rate with debt (as President Regan did and everyone else followed) is the real misery and...

Lets see if this makes sense to you. The US is the biggest socialist country of all. Instead of practicing socialism from the bottom up we do it from the top down. Call it corporate welfare or whatever you want. This works best when you create big oligopolies and name them “TOO BIG TO...

Take a look

When we compare companies success and CEO pay ratio the US is astronomically out of touch with the rest of the world. Some European and Japanese companies have performed much better and their CEO just make a fraction of what ours make.

Even if that is the case so what??? You are still struggling.

No I am no Socialist. I already lived through that BS. However, I do believe there is a lot the US can learn from Europe and vice versa. When the cold war was hot it was easier to reject anything social in the name of capitalism vs communism. Since 1990 there is virtually no more ideologic...

Yet during those 2 periods the US experienced the biggest bubbles build ups in history. Especially the 90s tech bubble and the real estate bubble in 00s. Regardless of that, innovation never stops and entrepreneurs keep supplying us with prosperous inventions and opportunities. I see these...

This is totally wrong. I could not give any valid to this. Sorry. These are the same experts that told us "everything is running just fine". By the way, get your passport and travel please. Maybe it is more expensive for you because we barely have paid vacation but take the time and go!!!