Clearly you don't understand tax code, but that's ok because no one does. The reason you don't rape the "wealthy" with income taxes is because chances are they are the are interacting with the economy with alienable capital (as opposed to inalienable capital such as labor), which means that they have a greater ability to "pass on the tax" and usually have to do so in order to stay in business.BiH-Kira said:I never understood the US tax system.
If someone is earning several millions per year, than he obviously has to much money. Tax the hell out of him. I'm not saying take all of it. I'm saying take more than you would from someone who earns less than he needs to survive.
If someone's payment is less than the he needs, don't tax him.
I disagree, to a degree. I could rant on and on about it, but the truth of the matter is RL has me so demoralized (Thank you government of Canada for fucking me over) that I don't have the strength to do so. The matter is very complicated and the fact is the system is well and truly broken. It needs a overhaul but sadly the people in charge of doing so have been picked from the same financial institutions that insanely profit from the system as is.Socialized Medicine said:Clearly you don't understand tax code, but that's ok because no one does. The reason you don't rape the "wealthy" with income taxes is because chances are they are the are interacting with the economy with alienable capital (as opposed to inalienable capital such as labor), which means that they have a greater ability to "pass on the tax" and usually have to do so in order to stay in business.BiH-Kira said:I never understood the US tax system.
If someone is earning several millions per year, than he obviously has to much money. Tax the hell out of him. I'm not saying take all of it. I'm saying take more than you would from someone who earns less than he needs to survive.
If someone's payment is less than the he needs, don't tax him.
Let's say I have a %10 profit margin selling a good or service with a very inelastic demand curve (food, gasoline, whatever), and it's a competitive market so if I try to charge too much my competitors will take my customers. But if you raise my and my competitors taxes it would be no problem to just pass it on because it was our competing that kept the price down. In essence if you raise my income tax by %5 I'll raise my rate by %5 and make just as much profit, even though my income is rising.
However if my income rises on paper my asset values rise as well, in a free market this would eat into savings which would cause interest rates to rise, but since most governments artificially suppress interest rates I can borrow money on the cheap which means I have an artificial advantage in obtaining resources for investment and consumption over the people who are actually paying the taxes (i.e. the working class).
In other words income taxes (especially progressive ones) artificially increase the incomes of the already wealthy, and the suppressed interest rates allow them to take advantage of this (i.e. borrowing money to speculate in the housing market wink wink). Just think about who would pay for a tax on food (the grocer, the farmer, or you) and remember that rich dudes like Warren Buffet who are calling for even higher taxes on the rich aren't your buddy, they are playing you for a sap.
this. both pure capitalism and pure communism will fuck us over, we need to have a balance between them bothTestECull said:Little of both. Straight communism doesn't work, see Russia, but just the same straight capitalism doesn't work either. There needs to be some government interference, lest the corps run amok and fuck us all over, but at the same time they need some freedom from incessant governmental meddling to make a quality product and a product that will actually find a home in the world.
one of the big problems I've noticed with Communism is that people suck at micro-management; so, my thought, is that once the singularity comes around and we have computers vastly smarter/faster than people, we put them in charge in a communist fashion~orangeban said:Communism! Seriously, it may not of worked for the other countries who tried it, but if you get honest leaders and slowly (slowly!) transistion the country, then shit'll be just fine.
Capitalism is morally unjustifiable.
Socialism and Communism arent really the same thing, And Leninism is not communism. Lenin, although Socialist, never ever actiualy managed to impose Communism - And barely Socialism - Before his death. There are several main examples of how Lenin wasnt communist- He didnt support Industrial Workers, Opposed most Peasant classes, Created several NEW class divides and, through the implementation of "The New Economic Policy" of the early 1920's, actiualy pushed Russia closer to Capitalism, if anything, as the NEP allowed free trading, and resulted in the creation of a "Wealthy Peasant Class".Tooshay said:Marxist-Leninist Socialism (which is what the USSR was) is communism. Because you know, Lenin, Trotsky and Stalin were the ones who started the USSR experiment.Jimmybobjr said:Very few people have, if any. Technically, Russia was Stalinist, not Socialist, not Communist. China is Capitalist, not Socialist, not Communist, Cuba was just as Fascist as Communist, and not a single European state owned by Russia was Communist. They all call themselves communist to pacify the working population.Jak23 said:you haven't seen/been in a Communist country.
If the communism that was on that above poll was TRUE Communism- which hasnt ever existed yet -then i would vote for that.
Unfortunately, True communism is impossible, and would never ever work in a modern world. Ever.
If it would, i would be all for it, though.
Capitalism is a horrible, horrible system, but its all we got.
There has never been a communist country. There have been absolutist governments paying lip service to communism but none of those have actually been run according to communist principles. Though I love the idea of communism, I can't see it working for a whole country. Maybe if the world were to split up into city-states, each run as a more-or-less communist organisation but including some of the better parts of other systems then maybe that could work.Jak23 said:I was wondering what the general consensus is, please comment and tell us why.
My vote goes to Capitalism, because imo if you say Communism, you haven't seen/been in a Communist country.