Lets Tax The Shit out of the Rich.

[futurecurrents]

Quote from Maverick74:

It's called inflation you dimwit. The people at the top own assets. The people at the bottom have debt. Assets inflate. If you want to stop that that disparity, tell your f*cking Keynesian friends on the left to stop printing money and the problem will be resolved.

I don't care what you call it.

They wouldn't have to print money if we had not had irresponsible tax cuts that favored the wealthy. Dimwit. Capital gains at higher rates would help solve that asset (read piles of gold that do nothing but make more money for their owners) problem. Trickle-down inflated up.

 

[Lucrum]

Quote from futurecurrents:

I don't care what you call it.

They wouldn't have to print money if we had not had irresponsible tax cuts that favored the wealthy...

...or run away spending. Welfare, government waste, pork and that sort of thing.

 

[Maverick74]

Quote from futurecurrents:

They wouldn't have to print money if we had not had irresponsible tax cuts that favored the wealthy. Dimwit. Capital gains at higher rates would help solve that asset (read piles of gold that do nothing but make more money for their owners) problem. Trickle-down inflated up.

Uhhh, no, it wouldn't. Listen you neanderthal. You could raise taxes to 90% on the rich. It doesn't stop inflation and it does not go after their wealth. They own assets you mental midget. And the guys at the very top, don't sell their assets, they hold them. There is no tax on holding assets that are inflating to the moon. And this has been going on since 1913, not just the last few years.

You got two choices here Trotsky. You can either confiscate the actual wealth of the rich. Yes, that means by force behind the barrel of a gun. Or you kill the Fed and stop printing money. You deflate the assets and down their wealth goes. The poor benefit because now all that shit that went up 10,000% that they could not afford to buy is now affordable.

Those are your two choices Stalin. Which one do you want to do comrade?

 

[pspr]

Quote from futurecurrents:

Heritage? Really? You mean the Koch Plutocracy Propaganda Foundation? Is that all you got?

It doesn't matter who makes the chart so long as the data is from a trusted souce. But, as a liberal I know you would prefer to shoot the messenger.

 

[futurecurrents]

Quote from Maverick74:

Uhhh, no, it wouldn't. Listen you neanderthal. You could raise taxes to 90% on the rich. It doesn't stop inflation and it does not go after their wealth. They own assets you mental midget. And the guys at the very top, don't sell their assets, they hold them. There is no tax on holding assets that are inflating to the moon. And this has been going on since 1913, not just the last few years.

You got two choices here Trotsky. You can either confiscate the actual wealth of the rich. Yes, that means by force behind the barrel of a gun. Or you kill the Fed and stop printing money. You deflate the assets and down their wealth goes. The poor benefit because now all that shit that went up 10,000% that they could not afford to buy is now affordable.

Those are your two choices Stalin. Which one do you want to do comrade?

I want those who make over a mill a year - however they make it - to pay at least thirty percent in taxes. I know it won't solve all our problems but every little bit helps. We can't go back to the eighties and rescind the trickle-down tax breaks at this point. Nor can we undo Bush's giveaway to his rich buddies. Hitler.

 

[Lucrum]

Quote from futurecurrents:

I want those who make over a mill a year - however they make it - to pay at least thirty percent in taxes...

So that's the magic number huh? 30%? LOL

 

[Maverick74]

Quote from futurecurrents:

I want those who make over a mill a year - however they make it - to pay at least thirty percent in taxes. I know it won't solve all our problems but every little bit helps. We can't go back to the eighties and rescind the trickle-down tax breaks at this point. Hitler.

It won't help. It just adds to the inflation. Nobody makes over a million a year in earned income. They make over a million a year in equity. You can't tax that equity unless they sell it. Raising taxes forces people to hold onto to assets vs selling them. By not creating supply in the market from sales, prices go higher. As prices go higher, the rich get richer.

Again, two choices here. Either physically take their assets. Or kill the Fed. Clock is ticking. Do you want a phone a friend on this one? You have a lot riding on this Trotsky.

 

[futurecurrents]

Quote from Lucrum:

...or run away spending. Welfare, government waste, pork and that sort of thing.

So how much of the budget is wasted on welfare cheats in your estimation. Or don't you believe in welfare at all.

 

[futurecurrents]

Quote from Maverick74:

It won't help. It just adds to the inflation. Nobody makes over a million a year in earned income. They make over a million a year in equity. You can't tax that equity unless they sell it. Raising taxes forces people to hold onto to assets vs selling them. By not creating supply in the market from sales, prices go higher. As prices go higher, the rich get richer.

Again, two choices here. Either physically take their assets. Or kill the Fed. Clock is ticking. Do you want a phone a friend on this one? You have a lot riding on this Trotsky.

Yeah, it WOULD help.

Physically take assets? Kill people? That sounds reasonable Ferdinand Marcos!

 

[Lucrum]

Quote from futurecurrents:

So how much of the budget is wasted on welfare cheats in your estimation. Or don't you believe in welfare at all.

I'm not a big fan of welfare. It discourages self reliance and responsibility.