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Thread: What purpose did the tax cut for the wealthiest serve?

  1. #371
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by presluc View Post
    Oh I can take it a step farther , actually two steps.
    1 The more people that have jobs the more consumers you have.
    2 This is a global market based on a capitalism, in a capitalist market it's dog eat dog or who ever has the most consumers makes the most money.
    Number 1 is correct. Very good.
    Number 2 is not accurate. Actually, a company can have tons of customers and lose money, where a smaller company can make money if they manage their business correctly.

    If what you mean by "dog eat dog," you mean that companies need to continually improve their products or services, expand their line, or manage their business better so that consumers will continue to want their products or services, then you would be correct. That makes "dog eat dog" a good thing.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by LesGovt View Post
    If what you mean by "dog eat dog," you mean that companies need to continually improve their products or services, expand their line, or manage their business better so that consumers will continue to want their products or services, then you would be correct. That makes "dog eat dog" a good thing.
    Well, I must add that it's important to remember that what's good for the company is not always good for the rest of the society it operates within. What about when a company decides to dump its waste into a river to cut costs & reduce the price of it's product to make it more competitive? What about when a company outsources 20,000 American jobs to China? Yes, the overall society and market might benefit in the long run, but don't we want to protect what's in our best interests as Americans? It's tough to define the word "good" because it means something different to all of the players involved.

    That's the problem (and will always be one of the main problems) - companies aren't loyal to any specific country. They go where the deals are and where they can make themselves more profitable.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by TurtleDude View Post
    as usual you try to change what others have said.
    Not a bit, you said, you value money more than some people. Why, are you embarrassed you said that now?


    and you make the specious assertion that taxation is helping people in need at this point.
    Taxation and the government it provides are why we don't resemble Somalia. Although, for libertarians, there is no country on the planet that embodies more of the libertarian ideals than Somalia.
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by David D. View Post
    Well, I must add that it's important to remember that what's good for the company is not always good for the rest of the society it operates within. What about when a company decides to dump its waste into a river to cut costs & reduce the price of it's product to make it more competitive? What about when a company outsources 20,000 American jobs to China? Yes, the overall society and market might benefit in the long run, but don't we want to protect what's in our best interests as Americans? It's tough to define the word "good" because it means something different to all of the players involved.

    That's the problem (and will always be one of the main problems) - companies aren't loyal to any specific country. They go where the deals are and where they can make themselves more profitable.
    I would think that the very few companies who actually dump waste into rivers should be heavily fined and probably made to pay for the clean up.

    As for the 20,000 jobs in China, some times it is due to a company having a large Asian market. It is often best to be closest to the market one serves. On the other hand, maybe the company that has gone to China, not only has business in Asia, but also does business in the U.S. from the Chinese location. Maybe we should look at the taxation and regulation policies of the U.S. with regards to businesses. Maybe we force them to flee the U.S. so they can simply stay profitable rather than spending their income on taxes, the cost of complying with taxes, and the cost of complying with regulations. We are far too over-regulated. Companies are far over-taxed. Correct those two things and do some other things and maybe companies would more often stay in the U.S.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by gmeyers1944 View Post
    It was not President Reagan that started the massive spending. Democrats controlled both houses of Congress then. Congress controls the spending. They are responsible, not President Reagan.
    Correction: Republicans controlled both houses of congress for the first 2 years, and they controlled the Senate for the first 6 years, when most of the spending occurred. Congress actually reduced the spending levels that were requested by Reagan.
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by LesGovt View Post
    I would think that the very few companies who actually dump waste into rivers should be heavily fined and probably made to pay for the clean up.
    .
    GE dumped huge amounts of PCBs into the Hudson before regulation.

    The the PCBs in the Hudson are still having an impact.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by gmeyers1944 View Post
    You sure are drinking the progressive Kool-Aid.
    Just staying current with the news! You should try it!
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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by gmeyers1944 View Post
    these people should not have a say in the spending of tax moneys.
    OK, I see where you are coming from, however, many programs that are meant to give the poor at least some chance to better themselves, are funded by the government. Would it not be dangerous to trust the wealthy to continue these programs? I am not saying you yourself are a greedy person, but many people are and are often looking out for their own interests. Taking away the poors ability to vote is not only anti-American, it is also unethical.

    Right now, voting on a small handful of policies and voting for candidates whose pockets are padded by the wealthy, is the only inkling of power those born into less fortunate circumstances have; I don't believe we should take that away from them. If you want better decisions in voting, start supporting government funded college educations like other countries are doing. Education and enlightenment are the answer, not tyranny.

    Quote Originally Posted by gmeyers1944 View Post
    Equality of opportunity, yes. Most libs want equality of outcome, which is impossible.
    I am glad that you believe in equality of opportunity, however, I am not sure that most liberals want communism (that is what you are implying by saying equality of outcome right?). I think most people understand the difference between equal opportunity and equal outcome. The whole equal outcome accusation is just a straw man, and I have a feeling you know this. I cannot see how anyone would support equal outcome as there is no reward for success and thus no way to ensure better quality products and services.

    However, it is possible to put in place a system that keeps our citizens fed and sheltered while rewarding every step up the ladder that they make. Currently we have a welfare system to keeps people on the system. If a welfare recipient makes a few bucks extra one year they are suddenly kicked off welfare. What this means is that between all the medical bills and other services that are covered under welfare programs, that the person does not have enough money to pay their bills simply because they got a raise. This is similar to the problem with tax brackets. I know someone who got a raise and that wasn't a raise at all because they were paying more in taxes due to being in a higher bracket.

    These system glitches are very easy to fix, yet people pay no attention to them. Anyone who knows anything about psychology could design a system that rewards making more money; either our government are a bunch of complete morons, or their is some conspiracy to keep the poor on welfare.

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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by Catawba View Post
    Not a bit, you said, you value money more than some people. Why, are you embarrassed you said that now?




    Taxation and the government it provides are why we don't resemble Somalia. Although, for libertarians, there is no country on the planet that embodies more of the libertarian ideals than Somalia.
    I value my family's wealth more than people I have never met. I would not be willing to lose all my wealth to say save you. I take care of me and mine and if you pretend you wouldn't than you are not being honest.



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    Re: What purpose did the tax cut for the wealthiest serve?

    Quote Originally Posted by TurtleDude View Post
    I value my family's wealth more than people I have never met. I would not be willing to lose all my wealth to say save you. I take care of me and mine and if you pretend you wouldn't than you are not being honest.
    It is comforting to know that our nations judicial system rejects your values of placing property over human life.
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    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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