Tax Cuts for the Middle Class and Poor STIMULATE The Economy, But Tax Cuts for the Wealthy HURT The Economy

George Washington's picture

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pacosan's picture

Flat tax Bitchez!

TaxSlave's picture

@GW -- How dare you sully George Washington's name with this envy bullshit??

When you try to imprison capital, it flees outside the jurisdiction.

How's that workin' for ya so far, you socialist wimp?

falak pema's picture

If you let it fly. If the fiscal network is world wide there will be no tax havens anywhere. Then the nation states if they agree to abolishing tax havens like nuclear weapons or humans rights basic abuse can charter their national policies in a framework with international boundaries well chartered on consensual issues, like international waste transport conventions today governed by Basel agreement. Some issues like oil, food, climate change, pollution risks and nuclear threats, fiscal evasion, currency/financial regulations, international crime/human rights violations have to be globally dealt with.

WHY SHOULD THE OLIGARCHS, PRIVATE MULTINATIONALS AND CRIME SYNDICATES, BE TRANSNATIONAL, AND THERE BE UNDER THEIR LOBBYING INFLUENCE IN CONGRESS NO COOPERATION SOUGHT BETWEEN NATION STATE GOVERNMENTS ON ISSUES THAT ARE VITAL TO THE PEOPLE'S WELFARE LIKE COLLECTING TAXES FAIRLY FROM ALL LEVELS OF SOCIETY, NOT JUST THE POOR? 

 

EXPLAIN THAT BEFORE YOU CALL OTHERS : WIMPS.

Sathington Willougby's picture

You might want to think more carefully.  

Tax is taking a person's work at gunpoint.  Plain and simple.  There is no way of getting around that.  It isn't a voluntary agreement or contract.  That makes someone who argues for this action an outright thief.  Yes there are millions of thieves living today.

Consider yourself a thief.  You may want to reconsider your position.

falak pema's picture

you need someone to pay for schooling, health care, pensions and infrastructure as well as civil defense. Its the job of government. Not of private armies. That has a price for the general good, its called taxation. Kill that and you kill society.

Don't junk history 'cos your wallets getting ripped by Oligarchic kleptocracy, which is the very face of capitalism gone mad. Its extreme expression of a self fulfilling death prophecy. We have to go to paradigm change. By hook or by crook.

Vashta Nerada's picture

Health care and pensions should be funded privately.  Nowhere in the constitution do I see any right for the federal government to be involved.  Schooling and infrastructure are local concerns, and should be funded with property taxes, and voted on by property owners. 

falak pema's picture

You give special rights to property owners to define common good such as schooling services...do you believe in a two tier society? Those with wealth having higher voting power than those without? Why not make it valid for other criteria, like colour, creed, and blood line and have done with it. Back to Neo feudal society with a vengeance.

Remember the more the pyramid of wealth gets asymmetric the higher the level of discontent in the masses. You'll have to junk the Statue of Liberty soon; send it back to the french. Its lesson now irrelevant. 

TaxSlave's picture

All you wimps that somehow think someone else's work is yours to dispose of have managed to accomplish so far is to drive real capital investment out of the market.

If you succeed in making it impossible to invest anywhere, the capital will go underground, stashed away for a better day or simply to live off until it's gone.

In doing this you have succeeded in making money-changers the dominant force in the economy and killing off the productive sectors.

The bottom line is that printing air-money cannot make anybody rich for very long.  There are more consumers and fewer producers.  As you tighten the noose on producers, there is less and less for you to steal.  That is where we are going with the end of the dollar being cooked up in Washington right now.  As more dollars are printed, the last of the wealth of the nation is stolen by the Friends Of Paper Money directly from the poorer people, who are no longer producing any real wealth to steal because you've made it impossible for them to work.

If you succeed in making it so there is no place to hide, get ready for some blowback.  People are waking up.  They are not your serfs.  You don't own them.  You don't own their work.  Your handiwork has resulted in destroyed industries, gutted towns, lost jobs, lost homes, broken families, destroyed savings.  You people who think you can get anything you want at the point of a gun are going to be held responsible for this.

It's not my debt.  I'm not paying it.  You don't own me.

falak pema's picture

taxslave : great proponent for anarchy and neo feudalism; where the Oligarchs rule and the majority get crushed. Rewrite history and you pay the price once again. 

sumo's picture

It's tapeworm capitalism

http://solari.com/articles/tapeworm_economics/

I heard Chris Whalen (banking analyst) talking about the big banks recently. By his measure of risk-adjusted

rate of return (RAROR), the major banks deliver NEAR-ZERO or NEGATIVE RAROR.

These fuckers are DESTROYING CAPITAL.

 

 

SamuelMaverick's picture

Taxslave, you just described New York State perfectly.