The Conservative Cave
Current Events => Economics => Topic started by: Janice on May 31, 2011, 11:43:25 AM
-
[youtube=425,350]http://www.youtube.com/watch?v=JJlprahLx6k[/youtube]
"An Inconvenient Tax" explores the history of the income tax and brings to light the causes of its many complexities. The film follows the tax through wars, economic booms, and some of the most significant presidencies in U.S. history. To help crack the code, the film employs the country's top economic experts, commentators, and political voices. Noam Chomsky, Steve Forbes, Joseph Thorndike, Neal Boortz and others discuss not only the problems America faces in the tax code, but also give valuable insights on how to move forward. Finally, the film gives a voice to the creators of several potential tax reform solutions who claim to have found a better way. In a time when many Americans are concerned about the future of the economy, rising deficits, and unfair tax treatment, "An Inconvenient Tax" provides a crucial, honest look at the income tax.
================================
Additionally, if at some point the majority of people realize they can steal other peoples money simply by voting liberal democrat/ republican to use the police power of the federal government to confiscate it, then we are screwed. After a point, the rich will simply take there money elsewhere. There goes the jobs and the money.
-
Additionally, if at some point the majority of people realize they can steal other peoples money simply by voting liberal democrat/ republican to use the police power of the federal government to confiscate it, then we are screwed. After a point, the rich will simply take there money elsewhere. There goes the jobs and the money.
Why are you talking about this in the future tense? It's already happened. There's some $5T in foreign accounts owned by American businesses that won't come home to the US because the companies don't want to give the gubbmint 35% of that.
-
Wait till Lord Stinky raises the top tax rate (incl. state, local ss, etc.) to 62%. Thats IF he gets re-elected.
-
Why are you talking about this in the future tense? It's already happened. There's some $5T in foreign accounts owned by American businesses that won't come home to the US because the companies don't want to give the gubbmint 35% of that.
Herman Cain has a plan for that. He wants to eliminate the tax so that money can be brought back to the states and placed back into circulation. That's a lot of dough that could be loaned out for increasing production in this country. :wink:
Now, DUmmies would say I'm just like them because they would think this means that money is confiscated and given to other people. They only think this because they don't understand how the banking industry works. Capital doesn't sit in a personal vault at a bank. People put their money in banks for investment purposes. Those investment purposes include loans for starting other companies.
-
Herman Cain has a plan for that. He wants to eliminate the tax so that money can be brought back to the states and placed back into circulation. That's a lot of dough that could be loaned out for increasing production in this country. :wink:
Now, DUmmies would say I'm just like them because they would think this means that money is confiscated and given to other people. They only think this because they don't understand how the banking industry works. Capital doesn't sit in a personal vault at a bank. People put their money in banks for investment purposes. Those investment purposes include loans for starting other companies.
Yet another reason why I support Herman Cain. He wants to get gov't out of the way of people growing their businesses.