Police Begin Clearing Zuccotti Park of Protesters

THE-BEAKER · Nov 15, 2011

strange as i thought most americans and politicans were calling for the right of syrians to protest freely.

say day for democracy

http://www.nytimes.com/2011/11/16/n...ring-zuccotti-park-of-protesters.html?_r=1&hp

sheda · Nov 15, 2011

Last night round 1:30am, the police forcefully evicted hundreds of peaceful protesters from Zuccotti park. All of our tents are destroyed. They, along with the 5,000 donated books of our Revolutionary Library were compacted, never to be regained. We were teargassed.

IF YOU ARE IN NY, NOW IS THE TIME TO JOIN US!! 7:00 am, Broadway and Wall, we shut down Wall St, preventing them from getting to work.

1,000 people showed up last night around 3am, a hundred thousand more will today!

JOIN US!!

\\\\ 1 hour ago 17
The police may move the protesters out, but the activists will return and in greater numbers. [/B]

THE-BEAKER · Nov 15, 2011

LIBERTY PARK -

now there is some irony

Humpy · Nov 15, 2011

If Odumbo had more courage than the average garden slug he would have already gone a long way to solving this problem by adjusting tax on the rich.

I don't mind if they get paid well over $1m a year but they should pay a tax of at least 80% and rising to 99% on the extra.

A windfall tax taking the ill-gotten gains of bankers etc. from the last 10 years, for instance would even things out a bit.

I can't really see a wealth tax ever coming to the USA in the near future because FAIR is a dirty word still, in higher levels.

oh well my 2 cents worth

sheda · Nov 15, 2011

I don't mind if they get paid well over $1m a year but they should pay a tax of at least 80% and rising to 99% on the extra. [/B]

That is not fair - would result in even lower tax collections - and is not even worth the suggested 2 cents - infact you now owe me money for my having read that

noob_trad3r · Nov 15, 2011

Quote from sheda:

That is not fair - would result in even lower tax collections - and is not even worth the suggested 2 cents - infact you now owe me money for my having read that

Where would the money go if that is the case?

If CEO making 50 million a year gets taxed 99% on anything over 1 million. Where then does the money go?

sle · Nov 15, 2011

Quote from Humpy:
I don't mind if they get paid well over $1m a year but they should pay a tax of at least 80% and rising to 99% on the extra.

Actually, why don't we take everything they own and shoot them? That would solve all of our problems once and for all... if we do that, everyone will be making 200k a year, as the OWS crowd promised .

sheda · Nov 15, 2011

Where would the money go if that is the case?

If CEO making 50 million a year gets taxed 99% on anything over 1 million. Where then does the money go?

A bit more than usual goes to the accountant and as for the rest that's none of our business, there's a level of taxation which if you go beyond you collect less..99% tax..what is wrong with you...

noob_trad3r · Nov 15, 2011

Quote from sheda:

A bit more than usual goes to the accountant and as for the rest that's none of our business, there's a level of taxation which if you go beyond you collect less..99% tax..what is wrong with you...

My question is simple. If the government enacted a 99% tax over 1 million.

What would a CEO who makes 50m do?

Obviously they would end up keeping their salary under 1 million? otherwise they would have to pay 99% of it in taxes.

would the 49 million just end up as salary increases to the other employees instead?

NEW YORK (CNNMoney) -- Mortgage finance giants Fannie Mae and Freddie Mac received the biggest federal bailout of the financial crisis. And nearly $100 million of those tax dollars went to lucrative pay packages for top executives, filings show.

http://money.cnn.com/2011/11/15/news/companies/fannie_freddie_executive_pay/index.htm?iid=HP_LN

nutmeg · Nov 15, 2011

Quote from noob_trad3r:

Where would the money go if that is the case?

Where then does the money go?

That's what I'd like to know. If the money is going to plant 50k in shrubs around the town hall like they did in my town, well then forget that shit.

Our town built a new building which I'm sure could hold more people than live in our town. When you walk in there to get a dog liscense you feel like a bb in a box. Soaring atrium 3 stories high.

Now that we give free cell phones to the poverty class, I see a new program in place to provide internet service @ 9.95 a month for any family that qualifies for a free lunch.

Poverty along with a side job working under the table is going to be the new economy.