VaultNetwork.netVault Network Boards
Author Topic: Wealth Tax [Locked]
Cawlin  4 stars
Posts: 1,759
Registered: 2005-2-22 07:58:42
Any discussion of further taxation without a discussion of concurrent spending reduction and without an ironclad commitment to put increased tax revenues toward debt is just hollow sounding.

If government is allowed to tax with no commitment to reduce spending or to put increased revenue towards debt, all they do is make different people wealthy.

 

-----signature-----
If ignorance were painful, half the posters here would be on morphine drips.
Everyone playing WoW knows everything about playing two classes: 1) their own and 2) Hunters
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
The ad hominems by Grilled and Reese show they cannot defend their position

The wealth of a country is finite. The more the government steals, the less wealth there is to invest and generate more wealth

Eventually there will come a point where the government has stolen too much and there will be no growth, and that's when the pool of wealth will contract

The contraction will continue until there is no wealth and that's when the government and the national currency collapse because there will be no more wealth to fund the promises made by both

 

-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
Moe_Nox  4 stars
Title: In Moe We Trust
Posts: 1,962
Registered: 2007-2-4 12:17:56
BT has a very valid argument, pre-Magna Carta.

 

-----signature-----
The Nanny State cometh
Currency should be bacon cheeseburgers and blow jobs... - Reese
Life at the Outpost: http://www.collegehumor.com/video:1771556
Nestor_II  1 star
Title: I Would Walk 500 Miles
Posts: 160
Registered: 2002-1-31 07:03:29
http://www.youtube.com/watch?v=Z1j-cCaKvdo

 

-----signature-----
" That which does not kill us makes us pull our feathers out......."
Final words of Alex the Parrot
"ou be good, see you tomorrow. I love you."
Unseen they Suffer, Unheard they Cry, in Agony they Linger, in Loneliness they die.
reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Moe_Nox posted:

BT has a very valid argument, pre-Magna Carta.

 

-----signature-----
"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Brother_Tempus posted:

The ad hominems by Grilled and Reese show they cannot defend their position

The only position I am defending is sanity...


Your stealing schtick is a broken record. Your existence on the outpost is an ad hominiminon not to mention insulting.


SO JUST SHUT YOUR WHORE MOUTH ALREADY

 

-----signature-----
"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
GrilledCheez  4 stars
Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
Brother_Tempus posted:

The wealth of a country is finite, and a closed system, but if the gov't ever touches the money it disappears forever.



 

-----signature-----
Another word for expensive is successful.
Ashmaele  4 stars
Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
GrilledCheez posted:

They should figure out a way to tax that wealth.



Capital gains rate increase for starters.

RMoney's 21 million was taxed at 15%-ish last year iirc. That is beyond absurd.

 

-----signature-----
I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
Cawlin posted:

Any discussion of further taxation without a discussion of concurrent spending reduction and without an ironclad commitment to put increased tax revenues toward debt is just hollow sounding.


If government is allowed to tax with no commitment to reduce spending or to put increased revenue towards debt, all they do is make different people wealthy.



Hopefully people reward the congressmen/presidents who do propose both.


Too often the discussion likes to pretend that there is nobody in that circle.
Cawlin  4 stars
Posts: 1,759
Registered: 2005-2-22 07:58:42
theredkay1 posted:

Cawlin posted:

Any discussion of further taxation without a discussion of concurrent spending reduction and without an ironclad commitment to put increased tax revenues toward debt is just hollow sounding.

If government is allowed to tax with no commitment to reduce spending or to put increased revenue towards debt, all they do is make different people wealthy.



Hopefully people reward the congressmen/presidents who do propose both.

Too often the discussion likes to pretend that there is nobody in that circle.



In our current system, it is unlikely to happen. We need to take the money out of political campaigns.

 

-----signature-----
If ignorance were painful, half the posters here would be on morphine drips.
Everyone playing WoW knows everything about playing two classes: 1) their own and 2) Hunters

VaultNetwork.net is an independently operated community forum and is not affiliated with, endorsed by, or technically based on IGN, GameSpy, FilePlanet, GameStats, or the former IGN/GameSpy Vault Network.
References to VaultNetwork.net mean this site/domain. VNBoards-style presentation is a visual homage only. By using this site, you agree to the forum rules.