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  1. #1
    Senior Member Senior Member Fisherking's Avatar
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    Default Re: Wealth distribution

    Quote Originally Posted by Gelatinous Cube View Post
    By raising taxes. Its as easy as telling Norquist where he can shove it. But I guess that would threaten the entrenched system of corporate welfare so we can't do it.

    It ain't populist, its what has to happen. The alternatives are all much worse.

    No, raising taxes is just going to make more poor.

    Your battle is not with the middle class or even the well off. It is the Ultra Rich and huge corporate interests.

    You know, those guys the laws are written to favor. Just like the affordable care act. It will destroy some insurers but it will make the biggest of the big even wealthier in the end.

    Taxing the corporations is only taxing the people that buy their goods or services. It will hurt the smaller businesses and benefit the Mega Corps. The little guy can’t compete.

    The mom and pop businesses are gone. Chains are now swallowed by bigger chains. You are only concentrating all the wealth in the hands of few.

    You need to find a way to make more people wealthy than more people poor. Taxes just make more people miserable.


    Education: that which reveals to the wise,
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    the vast limits of their knowledge.
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  2. #2
    Iron Fist Senior Member Husar's Avatar
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    Default Re: Wealth distribution

    Nationalize all corporations!


    "Topic is tired and needs a nap." - Tosa Inu

  3. #3

    Default Re: Wealth distribution

    Quote Originally Posted by Husar View Post
    Nationalize all corporations!
    With Ron Paul 2012!!! in your sig this would be fantastic if not sarcastic
    "The good man is the man who, no matter how morally unworthy he has been, is moving to become better."
    John Dewey

  4. #4
    Iron Fist Senior Member Husar's Avatar
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    Default Re: Wealth distribution

    Quote Originally Posted by The Lurker Below View Post
    With Ron Paul 2012!!! in your sig this would be fantastic if not sarcastic
    I got the impression that it doesn't matter what I write and that explains both statements.
    I'm glad I finally went far enough to make someone notice though.
    Would be nicer to get replies to my more serious thoughts though, even if just to tell me why it won't work.

    And maybe an explanation why this is suddenly a US-centric problem now, like wealth distribution is only a problem in the USA....


    "Topic is tired and needs a nap." - Tosa Inu

  5. #5
    Senior Member Senior Member Fisherking's Avatar
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    Default Re: Wealth distribution

    Quote Originally Posted by Husar View Post
    Nationalize all corporations!
    Just the banks might work.

    Quote Originally Posted by Husar View Post
    I got the impression that it doesn't matter what I write and that explains both statements.
    I'm glad I finally went far enough to make someone notice though.
    Would be nicer to get replies to my more serious thoughts though, even if just to tell me why it won't work.

    And maybe an explanation why this is suddenly a US-centric problem now, like wealth distribution is only a problem in the USA....
    US is just a good example. The EU is a US wantabe.

    Individual countries may vary.


    Education: that which reveals to the wise,
    and conceals from the stupid,
    the vast limits of their knowledge.
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  6. #6
    Iron Fist Senior Member Husar's Avatar
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    Default Re: Wealth distribution

    Quote Originally Posted by a completely inoffensive name View Post
    Well duh. So why are we still trying to reach that goal?
    It may look like some corporations try to reach that goal but I think governments generally tend towards a goal of 96% employment.

    Quote Originally Posted by Fisherking View Post
    Just the banks might work.
    Well, I would go for national banks perhaps since they're meant to be sort of...national.

    Quote Originally Posted by Fisherking View Post
    US is just a good example. The EU is a US wantabe.

    Individual countries may vary.
    The problem is that the problem is global and if the solution is done wrong then the corporations can either migrate, blackmail or just increase prices by a whole lot which will lead some of them to fail as they cannot get customers any more due to limited purchasing power. What you want is a solution that stops the wealth distribution from constantly going upwards and IMO this starts with a distribution of investments because those are IMO largely responsible for the upwards stream as poor people cannot invest and wealthy people only invest if it increases their wealth. The least that cut happen is that poor people get a cut of that investment-pie.
    Last edited by Husar; 01-25-2014 at 20:49.


    "Topic is tired and needs a nap." - Tosa Inu

  7. #7

    Default Re: Wealth distribution

    Quote Originally Posted by Fisherking View Post
    No, raising taxes is just going to make more poor.

    Your battle is not with the middle class or even the well off. It is the Ultra Rich and huge corporate interests.

    You know, those guys the laws are written to favor. Just like the affordable care act. It will destroy some insurers but it will make the biggest of the big even wealthier in the end.

    Taxing the corporations is only taxing the people that buy their goods or services. It will hurt the smaller businesses and benefit the Mega Corps. The little guy can’t compete.

    The mom and pop businesses are gone. Chains are now swallowed by bigger chains. You are only concentrating all the wealth in the hands of few.

    You need to find a way to make more people wealthy than more people poor. Taxes just make more people miserable.
    Raise minimum wage, accept that the new normal for employment is higher than 4% and make adjustments accordingly.


  8. #8
    Iron Fist Senior Member Husar's Avatar
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    Default Re: Wealth distribution

    Quote Originally Posted by Fisherking View Post
    Taxing the corporations is only taxing the people that buy their goods or services. It will hurt the smaller businesses and benefit the Mega Corps. The little guy can’t compete.
    That's only true if you create a lot of tax loopholes for the big corporations because they pay for your election campaigns.
    As for taxing the buyers, that is not necessarily true because the taxes can be paid from all the huge profits which only exist because they evade the taxes so well. Profits are good, the question is how high they have to be and where they go (e.g. huge management bonuses and payouts to super rich investors).

    Quote Originally Posted by Fisherking View Post
    The mom and pop businesses are gone. Chains are now swallowed by bigger chains. You are only concentrating all the wealth in the hands of few.

    You need to find a way to make more people wealthy than more people poor. Taxes just make more people miserable.
    I already solved that seven pages ago, force corporations to find more investors instead of bigger ones. If they're clever they will pay their own employees more and then let them invest in the company, which is good for the employees and good for the company since it can then still use the money while the employees get an investment portfolio and a share of the profits. It's a win-win situation with zero drawbacks.

    Quote Originally Posted by a completely inoffensive name View Post
    Raise minimum wage, accept that the new normal for employment is higher than 4% and make adjustments accordingly.
    I think you already have more than 4% employment.


    "Topic is tired and needs a nap." - Tosa Inu

  9. #9

    Default Re: Wealth distribution

    Quote Originally Posted by Husar View Post


    I think you already have more than 4% employment.
    Well duh. So why are we still trying to reach that goal?


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