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god_jared
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| Joined: 16 Oct 2009 |
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god_alan
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| Joined: 09 May 2011 |
| Total Posts: 1773 |
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| 17 Aug 2016 01:00 PM |
ur wrong cus ur indian
"the thing about fire is it's hot" |
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B1900D
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| Joined: 16 Mar 2010 |
| Total Posts: 11295 |
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| 17 Aug 2016 01:00 PM |
"Don't bite"
---
You guys actually don't even know anything about economy if you even remotely think I'm joking. |
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| 17 Aug 2016 01:01 PM |
We should focus our tax funds on free healthcare.
People deserve medical attention.
We can push the debt to my friend Hillary.
-Barack Obama, 44th President of the United States of America |
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HMAX12
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| Joined: 25 Jul 2009 |
| Total Posts: 32693 |
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| 17 Aug 2016 01:02 PM |
Ummmm Why not just raise taxes to 99.9% ???????? |
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god_alan
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| Joined: 09 May 2011 |
| Total Posts: 1773 |
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| 17 Aug 2016 01:02 PM |
ur right hmax
"the thing about fire is it's hot" |
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GunPuppet
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| Joined: 06 Jul 2015 |
| Total Posts: 6574 |
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| 17 Aug 2016 01:03 PM |
| Raise taxes in Alaska, and New Mexico 69% |
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| 17 Aug 2016 01:03 PM |
You're wrong because although those states have the most populous amount of upperclass citizens in America, you completely disregard the fact the amount of people in poverty in New York and new-coming immigrants from Mexico/Asian in California.
If you're going to increase the tax amount to 68% for those people as well, those people will be jobless and not contributing to society as they should be when they're working. Therefore our GDP will go down, and ultimately less trade and profit for us.
What you should've said is raise the tax (However much you want it) To upperclass people with the salary margin of 100,000 or something per year. That will tax the upperclass only and will benefit the middle class and lower class.
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| 17 Aug 2016 01:05 PM |
And it is here at Wharton in 1992 that we must speak frankly about where we've been and what we've lost; where we're headed and what kind of nation we want to be. Together, we must bring an end to the something-for-nothing ethic of the '80s.
Last October, the Philadelphia Inquirer ran a remarkable series called "America: What Went Wrong," which documented in statistics and stories what has happened to the country we love. The series, written by Donald Barlett and James Steele, is must reading for any student of politics, ethics, or business -- and it holds important lessons for politicians and voters alike.
Barlett and Steele found that for the forgotten middle class, the '80s were an economic disaster. The size of the middle class fell for the first time since the '30s. Middle-class people are spending more time on the job, less time with their children, and bringing home less money to pay more for health care, housing, and education -- while those at the top of the totem pole saw their taxes go down and their incomes go up.
People who make over $200,000 saw their incomes rise fifteen times faster than average Americans. The average middle- class person, by contrast, is working 158 hours a year more than in 1969 for about the same income -- an extra month of work without extra pay. A new social order is emerging, more unequal, more divided, more impenetrable to those who seek to get ahead.
The U.S. fell from 8th to 22nd in wage inequality in the 1980s. According to a recent study, one percent of the people in the '80s got 60 percent of the country's growth. America is evolving a new social order, more unequal, more divided, more impenetrable to those who seek to get ahead. And although America's rich got richer in the 1980s, the country did not. Ten years ago, America had the highest wages in the world. Now we're tenth, and falling. We went from being the world's largest creditor to being the world's largest debtor. The stoc.htmlk market tripled, but wages went down.
Our savings rate is half that of Japan; workers in America earn a quarter less than workers in Germany. Our investment rate is lower than all our major competitors. Our students rank near the bottom in international math and science tests. We spend a quarter of what our competitors do on training programs for our workers. Germany and Japan have productivity growth rates three and four times ours because they educate their people better, invest more in their future, and organize their economies to compete in the world, and we don't.
For 11 years, we've had no economic vision, no economic leadership, no national economic strategy. The single driving idea behind economic policy in the '80s has been to keep taxes low on corporations and upper-income individuals and keep government out of our way. This idea was evidenced most clearly in the President's recent veto of a tax bill crafted largely by Senator Lloyd Bentsen of Texas, a pro-business Democrat, and Congressman Dan Rostenkowski of Illinois. The bill would have increased investment in new plant and equipment, homes and real estate, and small business. The President vetoed it because these incentives would have been paid for by increased taxes on the wealthy whose taxes were lowered in the '80s.
This policy hasn't worked. The current administration has compiled the worst economic record in 50 years. George Bush's Presidency has produced slower economic growth, slower job growth, and slower income growth than any administration since the Great Depression -- and the biggest deficits and highest middle-class tax burden of any administration in history.
This is not a Democratic or a Republican issue. It's America against the rest of the world. Every other advanced nation is governed by a body with a strategy for increasing growth, developing high-wage jobs through increasing investment, and enhancing cooperation among government, business, labor and education.
That's why even when the Bush recession ends -- and we all hope it ends soon -- most Americans will find themselves worse off than before it began. They may find jobs, but there will be fewer high-wage jobs. American companies will hire back fewer manufacturing workers and office workers, because in the meantime those jobs will have been automated or farmed out to factories abroad. Downward trends in wages and benefits, increasing costs for health care, and more job insecurity will be the order of the day.
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| 17 Aug 2016 01:09 PM |
| maybe because if you raise it to 68%, every citizen will flee the area instantly? |
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| 17 Aug 2016 01:10 PM |
blah blah blah politics.
All I care about is all the tax money going into my retirement.
-Barack Obama, 44th President of the United States of America |
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zdude3000
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| Joined: 05 May 2009 |
| Total Posts: 10834 |
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| 17 Aug 2016 01:10 PM |
ooo somebody took 12th grade remedial econ
so suuuure you can obviously solve such a complex problem with your simple solution. im sure NOBODY EVER thought of that /sarcasm
but ill bite the bait
simple:
no one will do it.
if you raise taxes to that height there will be a bigger incentive for states affected (effected? idk not relevant), to simply not do it.
it would be more cost effective to do so, and lose federal funding, than to completely ruin their state's economy #stagflation
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Impov
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| Joined: 18 Apr 2016 |
| Total Posts: 120 |
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| 17 Aug 2016 01:13 PM |
You don't need to raise taxes. You need to lower taxes and increase tariffs while making new trade agreements that will automatically cause a shift in economic boost from companies creating jobs. Once jobs are created more revenue will be shown, once more revenue is created for the lower class and middle class... Then you will increase taxes to a normalized rate. You will also need to fix the budget as to be in the black and not red, personally I believe the best candidate for our economic crisis is Donald Trump.
A capital society works in such a manner that (let me give you an example) you have an umbrella. This umbrella has water that hits it from the sky, and you get droplets that start falling off the sides. This umbrella is your entire social economy structure, the pole that is held contains the social class depending on how much money you make. In the class at the bottom corresponds to the least amount of money, while the top of the umbrella describes the most amount of money.
Now, lets picture raising taxes on the top. You'll dry up income from the top that is flowing through the water droplets off the sides to the poor bottom class by doing this. What you need is a system where companies are free to commerce in exchanges and that jobs exist creating more income flowing and allow a downpour of rain on the umbrella to the lower class. This way more income is going into the lower sector than going to the higher sector.
I can tell you right now, higher taxes on the rich won't solve anything. Having a fixed tax rate of only 10-15% of your income is what we need, this will enable more fair regulations and other things for equality of the law. That being said, Donald Trump is going to be a mastermind in bringing jobs back because his systems do work.
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rony28
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| Joined: 31 May 2009 |
| Total Posts: 8230 |
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| 17 Aug 2016 01:14 PM |
| something something make something great again idk |
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| 17 Aug 2016 01:19 PM |
| Tbh before anybody increases taxes we need to close tax loopholes |
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| 17 Aug 2016 01:20 PM |
use war as a business to get elected so we can END war as a business |
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Impov
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| Joined: 18 Apr 2016 |
| Total Posts: 120 |
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| 17 Aug 2016 01:22 PM |
@Liara
We already did that in 9/11............
Terrorist are created by the US gov as an incentive to war.
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dida324
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| Joined: 17 May 2009 |
| Total Posts: 1645 |
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| 17 Aug 2016 01:33 PM |
wouldn't it be easier to just increase taxes everywhere instead of skyrocket them in 3 major areas
Better dead, than Red.| what's up guys it's your boy deathkitty| sorry but souppee does not take orders from jelly beans | Nobody expected the Diesoft Inquisition! |
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FtwNoob
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| Joined: 18 Feb 2011 |
| Total Posts: 2190 |
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| 17 Aug 2016 01:40 PM |
Less taxes on the upper and middle classes to promote possibly more expensive items made in the US, buying more items in the US, put taxes on inports, try to expand business within the US and keeping them in our country. Send back illegals who don't pay taxes and feed off of our systems, and try to make those who do pay taxes and are good members of society into the US. Make the dank legal to increase sales and keep semi-auto weapons legal so that makes sales. Reform obama care so we can have more insurance companies back to work/more jobs for people. Focus on oil still; however, still work on development on solar in case of crisis.
Just some of my thoughts.
Trump 2k16 |
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