Page 8 of 22 FirstFirst ... 67891018 ... LastLast
Results 71 to 80 of 220

Thread: Super rich hold $32 trillion in offshore havens

  1. #71
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by lpast View Post
    Could be Harry...but it still brought out the cheerleaders
    Well my problem here, is that way to many people equate this wealth, with liquid value.
    The two aren't the same.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  2. #72
    Sage
    Excon's Avatar
    Join Date
    Mar 2012
    Last Seen
    10-14-17 @ 01:26 PM
    Lean
    Independent
    Posts
    31,997

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by Goshin View Post
    They didn't make all that wealth with their own lily white hands... I'd say they have some responsibility to share a little more with those who do the scutwork than they've been doing lately.
    If the worker was paid a wage that he excepted. Then no!

    Quote Originally Posted by GhostlyJoe View Post
    Then why should the masses look out for the wealthy? Why should we respect their right to a large share of the wealth of a productive nation of people? Why should we be their keeper, if their guiding ethic is, "I am an island?"

    You cling to a silly ideological paradigm in the face of clear contrary data. Unless the system can sustain the masses, there's no reason for the masses to sustain the system.
    Well I find your ideological paradigm silly.

    The relationship is somewhat symbiotic as it should be, but the wealthy are the ones who support the masses and make the lives we lead possible.



    Quote Originally Posted by What if...? View Post
    Actually, according to this, it would only take half of the money simply being sat on in offshore accounts to zero the national debt.
    As already pointed out, those funds belong to owners from like 139 different nations.


    Quote Originally Posted by ChuckBerry View Post
    Is it time for the new world order, where countries don't have such disparate taxing schemes that encourage fleeing capital? It seems to me that to avoid total economic collapse, it will have to happen. The loopholes must be closed. A modern day Magna Carta...the rich cannot be above the law.
    I find that to be a "piss poor" reason for a NWO.


    Quote Originally Posted by lpast View Post
    lol I knew this thread would bring out all the rich's cheerleaders and make heros out of them for avoiding their tax obligation....The real moral of this story of course is....THE RICH NEED ANOTHER HUGE TAX CUT the poor dears
    Which tax obligations were avoided again?
    You know, actual obligations that if not carried through with, are punishable by law?






    People are talking like those funds are not even in play.

  3. #73
    Sage
    Excon's Avatar
    Join Date
    Mar 2012
    Last Seen
    10-14-17 @ 01:26 PM
    Lean
    Independent
    Posts
    31,997

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by lpast View Post
    Could be Harry...but it still brought out the cheerleaders
    And it is bringing out the anti-cheerleaders also. So what?

  4. #74
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Yesterday @ 11:45 PM
    Gender
    Lean
    Independent
    Posts
    54,692

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by iguanaman View Post
    No, damn the politicians for letting them put it all there. Of course they probably own those politicians so...........
    It's about the attitude too, hiding money is hoarding. Hoarding is not compatible with capitalism.
    Maybe they are tired of taking care of all the crippled dependent pets and figure its time for them to actually contribute SOMETHING rather than merely leech from the country. Its theirs...they earned it...and awww...bad news...you dont get to say what people do with their income. Perhaps if people worried a little less about what others made and focused on their own miserable pathetic lives their children and grandchildren wouldnt have to suffer.

  5. #75
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Yesterday @ 11:45 PM
    Gender
    Lean
    Independent
    Posts
    54,692

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by What if...? View Post
    You do realize this gives them the functional ability to extort the entire nation by the simple expedient of withholding their capital from the economy at large.

    And the losses they sustain by sitting on their money can be offset by concessions obtained from a desperate populace.

    "I'm not confident enough to risk my money, but I deserve a favorable tax rate for taking risks.
    They ARE still taking risks...or dont you follow the markets at ALL. And if you and others want them to risk more (translation-do MORE to take care of your ass) then maybe you ought to insist the politicians work together with industry and labor to create more favorable environments for investing. Its not YOUR MONEY. You get that...right?

  6. #76
    Guru
    ChuckBerry's Avatar
    Join Date
    Sep 2011
    Location
    Lafayette, Louisiana
    Last Seen
    10-28-13 @ 01:24 PM
    Gender
    Lean
    Conservative
    Posts
    3,491

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by Excon View Post
    If the worker was paid a wage that he excepted. Then no!
    If it were only as simple as that. If there were strong unions and collective bargaining, I would agree. But it's the companies knowledge of the market and basic superiority in negotiations, in that he has a job you need, and has others willing to do it for less than you, that gives many employers the upper hand.
    The morality of abortion is not a religious belief, any more than the morality of slavery, apartheid, rape, larceny, murder or arson is a religious belief. These are norms of the natural law of mankind and can be legislated even in a completely religionless society.

  7. #77
    Guru
    ChuckBerry's Avatar
    Join Date
    Sep 2011
    Location
    Lafayette, Louisiana
    Last Seen
    10-28-13 @ 01:24 PM
    Gender
    Lean
    Conservative
    Posts
    3,491

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by VanceMack View Post
    They ARE still taking risks...or dont you follow the markets at ALL. And if you and others want them to risk more (translation-do MORE to take care of your ass) then maybe you ought to insist the politicians work together with industry and labor to create more favorable environments for investing. Its not YOUR MONEY. You get that...right?
    How much more favorable environment do the rich need? They're already rich.

    You can continue to insist that we have no right to demand more of the rich, and that's fine. But there is an imbalance in the system regardless of your rigid ideology that insists things are the way they should be, and the cracks in the dam have been showing for several years now. Fiddle if you wish while Rome burns.
    The morality of abortion is not a religious belief, any more than the morality of slavery, apartheid, rape, larceny, murder or arson is a religious belief. These are norms of the natural law of mankind and can be legislated even in a completely religionless society.

  8. #78
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Yesterday @ 11:45 PM
    Gender
    Lean
    Independent
    Posts
    54,692

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by ChuckBerry View Post
    How much more favorable environment do the rich need? They're already rich.

    You can continue to insist that we have no right to demand more of the rich, and that's fine. But there is an imbalance in the system regardless of your rigid ideology that insists things are the way they should be, and the cracks in the dam have been showing for several years now. Fiddle if you wish while Rome burns.
    Favorable environment translates to creating an environment where people are willing to put their money into the economy without expecting it to just be pissed away. Yes...THEY are rich and they got that way for a reason.

    You want to change the imbalance? Work your ass off and improve your situation. Funny how everyones answer to resolving the imbalance is to take from the rich. News flash...thats not going to HELP YOU. You have to do that yourself.

  9. #79
    Dungeon Master
    anti socialist

    X Factor's Avatar
    Join Date
    Dec 2010
    Location
    Texas Proud
    Last Seen
    Yesterday @ 10:53 PM
    Lean
    Conservative
    Posts
    44,726

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by What if...? View Post
    Actually, according to this, it would only take half of the money simply being sat on in offshore accounts to zero the national debt.
    So what are you and others are advocating? Just taking it? It makes me nervous when people start putting limits on what people should be "allowed" to make or keep.

  10. #80
    Guru
    ChuckBerry's Avatar
    Join Date
    Sep 2011
    Location
    Lafayette, Louisiana
    Last Seen
    10-28-13 @ 01:24 PM
    Gender
    Lean
    Conservative
    Posts
    3,491

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by VanceMack View Post
    Favorable environment translates to creating an environment where people are willing to put their money into the economy without expecting it to just be pissed away. Yes...THEY are rich and they got that way for a reason.

    You want to change the imbalance? Work your ass off and improve your situation. Funny how everyones answer to resolving the imbalance is to take from the rich. News flash...thats not going to HELP YOU. You have to do that yourself.
    Favorable environment also translates into workers receiving a fair wage for the work that makes profit for the business owners. When a CEO gives himself hundreds of times more in compensation than the average employee makes in a year at a business, do you think that that creates a favorable environment where people are willing to work harder?

    You act as if though there is no such thing as greed, VanceMack. And I'm quite tired of the "by your bootstraps" argument. The playing field is not level, and you ought to acknowledge it. Beyond a certain point, you cannot get more wealthy without avarice. The game is fixed for the wealthy, and the imbalance continues to grow.
    The morality of abortion is not a religious belief, any more than the morality of slavery, apartheid, rape, larceny, murder or arson is a religious belief. These are norms of the natural law of mankind and can be legislated even in a completely religionless society.

Page 8 of 22 FirstFirst ... 67891018 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •