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Author Topic: Wealth Tax [Locked]
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
GrilledCheez posted:

They should figure out a way to steal that wealth



fixed for accuracy


[qoute=GrilledCheez] There is no reason not to tax those who earn their living through their pooled wealth.


other than its evil, it still does not fix the spending problem, because eventually that wealth will dissapear after it is plundered

 

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Nestor_II  1 star
Title: I Would Walk 500 Miles
Posts: 160
Registered: 2002-1-31 07:03:29
If you confiscate the money from the wealthy, the next question you ask is, "What do we do next year ?" because that money won't last 9 months and then the massive debt engine will be right back and spending will increase way beyond what it is now.

 

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reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
ineenia posted:

Wealth Tax

Something 99% of Outposters will never have to worry about...

 

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GrilledCheez  4 stars
Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
Umm the wealthy's wealth grows at a far faster rater than wages grow. So what you are saying makes no sense. If you taxed it at 12 percent you might have a year over year negative affect on their bottom lines, but only just. And if you taxed it at 8 - 10 percent their wealth would likely still grow over time.

 

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Tych2  4 stars
Title: Obama Appointed Outpost Czar
Posts: 2,511
Registered: 2005-3-1 06:56:47
ineenia posted:

the just the top ten earners made about 300 billion last and our debt is about 15.5 trillion.

That doesn't seem right. The top ten earners made 30 billion in income each last year? Do you have a link for that?

 

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Ptilk  4 stars
Title: Creepy old pirate
Posts: 2,359
Registered: 2002-2-13 14:52:58
If the government confiscated 50% of the wealth held by the top 1%....they would still be the top 1%.

In fact, if they confiscated 50% of the top 1% wealth every year for 30 years....they would still be the top 1%.

Most of you are idiots, and you failed math to boot. Dumbasses.
theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
The obvious solution should be that we do whatever is necessary to get people back to work and boost economic growth.


When faced with a small budget problem, you usually dont want to let the financial industry create a recession and then respond to that recession by sitting on your hands while blaming all the poor people. This just makes your budget problem worse. If you stop doing this, your long term budget outlook gets much better.


The dollars involved in the budget gap pale in comparison to the dollars and production lost due to the recession and refusal to make real attempts to pull ourselves out of it.
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
GrilledCheez posted:

Umm the wealthy's wealth grows at a far faster rater than wages grow.



Not if you stealing it ... Wealth will eventually dry up and then you are still left with the spending problem

 

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GrilledCheez  4 stars
Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
Brother_Tempus posted:

Math is st00pid and faith is gr8

 

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reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Brother_Tempus posted:

GrilledCheez posted:

Umm the wealthy's wealth grows at a far faster rater than wages grow.



Not if you stealing it ... Wealth will eventually dry up and then you are still left with the spending problem

THE EARTH IS NOT FLAT YOU IGNORANT WHORE, SO SHUT YOUR WHORE MOUTH

 

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