Police Begin Clearing Zuccotti Park of Protesters

Quote from Humpy:

Clinton ended his reign with a surplus, in case you can't remember that far back. It's Bush and Odumbo that have pissed it all away. Might even squeeze an apology out of them eventually. They can blame Blair !!
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exactly..we are paying the price for his "surplus" right now..starts from year 2000..do you understand where the surplus come from? from taxing more business.why did they moved overseas?
 
Quote from Bob111:

exactly..we are paying the price for his "surplus" right now..starts from year 2000..do you understand where the surplus come from? from taxing more business.why did they moved overseas?
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not true. while the US has one of the highest statutory tax rates for corporations among advanced nations the effective tax rate after deductions is quite average

the surplus was one of the best things that happened in the US since the 2nd war. it makes for as sound currency and good government.
unfortunately it was pissed away by Bush in the bailouts for the crony capitalists.
 
Quote from Humpy:

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
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1400 hundred posts? Are you kidding me wtf are you doing on this message board?
 
Quote from jd7419:

1400 hundred posts? Are you kidding me wtf are you doing on this message board?
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Trying to impart a little wisdom.

If the top hogs were the great guys they make themselves out to be then I wouldn't have to bother, but watching the world's finances fall apart is painful.

Has any 1 public figure ever in all the years of ET condescended to answer or refute ? .........NO !

I rest me case
 
Quote from Humpy:

Trying to impart a little wisdom.

If the top hogs were the great guys they make themselves out to be then I wouldn't have to bother, but watching the world's finances fall apart is painful.

Has any 1 public figure ever in all the years of ET condescended to answer or refute ? .........NO !

I rest me case
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" but watching the world's finances fall apart is painful."

instead of watching u should be taking action to minimize the fallout on yourself.
 
Quote from noob_trad3r:

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?
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The other $49m could be re-invested in the business, creating jobs and giving a bit more to shareholders. When someone messes up, noone says "Oh dear, what about the shareholders ?"

I remember an interview with one of the richest men - who said after the first millions money became less and less important. More a way to measure off agaist other rich men.
 
Quote from zdreg:

" but watching the world's finances fall apart is painful."

instead of watching u should be taking action to minimize the fallout on yourself.
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I would be digging a nice safe nuclear shelter if I had the time left. My views are'nt going to sway hard bitten business men who don't give a rat's arse for anybody else.
Maybe I'll come back as an Injun - sorry, native American, and pitch my teepee in central park , with toilet facilities on GS's doorstep !!
 
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