A new economic era?

[Nobert]

I understand "where you're coming from"... which explains your view. I'd have said the same about ANY European socialist... so my comment wasn't actually "personal".

Taxing the successful under the guise of "wealth redistribution" (which is completely IMMORAL) is not the "solution" to any problem.

Smiles.
Just because im from here, doesn't mean that my political views matches with those of regional goverment, that's why it was taken as something personal ; seems that i was wrong,
- sorry for that.

I do prefer capitalism. I do agree that,- that which is yours, should remain yours.
(Even after death, if one can say so)

But, despite all of the ideas, despite of all options, any tax could be avoided. Most likely, by moving to another country/state.

So it's a - pointless discussion.

P.s Heard that California is about to come up with some laws,that will ,,hunt" you, even after 10 years, if one moves to e.g Texas for lower taxes.

 

[bone]

Not an inspiring vote of confidence. DB is a clown show.

Its Deutsche Bank, the guys who have bet the farm on rising interest rates, with extreme leverage...

 

[zdreg]

Not an inspiring vote of confidence. DB is a clown show.

If DB is in desperate straits why shouldn't management go for a home run. It is only shareholder's money.

 

[bone]

It’s actually far more craven and cynical than that. They know the ECB and the Bundesbank will backstop them.

The problem with running severely negative rates over a protracted period of time is that it weakens the balance sheets for all the banks. You’re taking away or minimizing one of the principal profit centers for the banks.

If DB is in desperate straits why shouldn't management go for a home run. It is only shareholder's money.

 

[piezoe]

Disagree.

Corporations pay corporate tax rates just as citizens pay personal tax rates.

The "tax policy" for us includes collecting some from corporations. If the amount they pay isn't "just and fair", it's because the tax laws allow it. If one sees a problem, it's not the fault of the corporations but rather the laws engendered by the politicos (highly influenced by desires for campaign contributions).

America's tax system is not "fair". Many pay more than they "should", others pay less. The only fair tax is a flat tax, and we don't have that.

America is much about, "it's illegal to discriminate... about every condition you can describe"... gender, age, sexual orientation, color, religious beliefs, weight etc...except INCOME. It's OK to discriminate there... and it's wrong!

The least fair of all tax schemes is a flat tax.

 

[piezoe]

It’s actually far more craven and cynical than that. They know the ECB and the Bundesbank will backstop them.

The problem with running severely negative rates over a protracted period of time is that it weakens the balance sheets for all the banks. You’re taking away or minimizing one of the principal profit centers for the banks.

how so?

 

[piezoe]

They need to come up with a plan to pay the debt off

Don't be silly.

 

[bone]

how so?

Commercial banks and retail banks tend to suffer under protracted negative rates: https://www.google.com/amp/s/www.ba...rates-europes-banks-feel-the-pain-51570831182

The Bundesbank would never let Commerzbank or Deutsche Bank fail.

And the Bundesbank is the dog and the ECB is the tail.

 

[bone]

Don't be silly.

Please don’t feed the pigeons.

 

[zdreg]

The least fair of all tax schemes is a flat tax.

A flat tax with exemptions per person in the family unit is the fairest tax of them all. e.g. a 50k income with 10k exemption per person would pay zero tax/zero tax rate. A person with 10 million in income and a 20% flat rate would pay slightly less than 2 million in taxes or a tax rate of 20%,
Every flat tax with exemptions per person is a progressive tax as shown by my example.

In the future Do the numbers before positing. It never ceases to amaze the mathematical illiteracy that exists among the general population and even among college educated people.