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

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



people were in the gold standard back then and removed thrir governments by force .. The reason the Magna Carta came to being

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Ashmaele posted:

GrilledCheez posted:

They should figure out a way to tax that wealth.



Capital gains rate increase for starters.

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



fixed for accuracy


taxing the profits made by certain investments will only guarantee diminished returns on those investments as people put their money elsewhere

its like the millionaire taxes NJ and VA out to pay for their debt. The millionaires moved out and the money that was to be stolen from them was instead stolen from the poor and middle class

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Cawlin posted:

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.



no you need to take government out of the economy which kills the incentive by special interests from contributing to politicians

 

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Ashmaele  4 stars
Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
Yes all taxes are stealing

But you're all about the Constitution tho right?


Quote:

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;



Or at least the parts you agree with.

(ETA: That's the VERY FIRST sentence of Article I Section VIII)

You're a joke dude. This may come as a surprise to you but nobody takes you seriously.

 

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Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
Brother_Tempus posted:

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



It's like BT thinks when the government spends money it just goes into an incinerator and permanently leaves the economy.
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Ashmaele posted:

Yes all taxes are stealing



finally' you said something truthful

Oh and you omitted the 2nd half if the Constitutional reference you sourced which punches a hole in your fallicious atgument

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Yukishiro1 posted:

Brother_Tempus posted:

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



It's like BT thinks when the government spends money it just goes into an incinerator and permanently leaves the economy.



it does, that's why the government has debt .. If they took the wealth they have stolen and used it productively then government would have made a profit

 

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Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
That may just be the dumbest thing ever posted on the Outpost. Congratulations.
Ashmaele  4 stars
Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
Brother_Tempus posted:

Yukishiro1 posted:

Brother_Tempus posted:

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



It's like BT thinks when the government spends money it just goes into an incinerator and permanently leaves the economy.



it does,

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Yukishiro1 posted:

That may just be the



smartest thing said ... I know

Debt is lost money, debt is entropy

Statists really should be ranting against debt becuase it takes money away from their pet programs

The interest that must be paid is money that cannot be used for wars or domestic policies. The more debt that is accumulated the less money there is for the state to spend

Eventually the debt grows so big that instead of it being money that cannot be spent, it beco es money that must be taken from each war and department and policy like Greece is experiencing now

 

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