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Old 05-01-2007, 12:47 PM   #16
CKFresh
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I simply don't think the rich should recieve any tax cuts.
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Old 05-01-2007, 12:55 PM   #17
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Fine. Any tax increase on the "wealthy" will be paid by those who make less. Corporations write off their taxes through higher consumer prices. Wealthy people have "tax-shelters" that they hide behind.
If you wish to eliminate these "tax-shelters", I'd be right with you, although your party would be affected far more than mine would, I fear.
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Old 05-01-2007, 12:57 PM   #18
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Quote:
Any tax increase on the "wealthy" will be paid by those who make less.
That's a sad commentary on capitalism...

Instead of selling one of the 5 yatchs, or one of the vacation homes, they will take your pension, and raise prices of products.

Capitalism is outdated, and cruel.
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Old 05-01-2007, 12:59 PM   #19
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Quote:
Originally Posted by CKFresh View Post
Where did I say "rich only"? be specific, or apologize.
I will not apologize for anything I did not say, nor should I. You are the one making blanket accusations here, not I. I am quoting statistics from the US Treasury in my statements, while you counter with rhetorid from the DNC.
As to the Middle Class being destroyed by Reagan-Bush, this is something I must see proof of.
Again, any tax rate reduction will give the wealthy the biggest break, as they pay the vast majority of the taxes in this country and will continue to do so under any tax structure other than a "flat tax".
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Old 05-01-2007, 01:00 PM   #20
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Quote:
Originally Posted by CKFresh View Post
That's a sad commentary on capitalism...

Instead of selling one of the 5 yatchs, or one of the vacation homes, they will take your pension, and raise prices of products.

Capitalism is outdated, and cruel.
Really? Howso?
What would you have replace capitalism?
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Old 05-01-2007, 01:01 PM   #21
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Quote:
Originally Posted by CKFresh View Post
That's a sad commentary on capitalism...

Instead of selling one of the 5 yatchs, or one of the vacation homes, they will take your pension, and raise prices of products.

Capitalism is outdated, and cruel.
Capitalism is cruel? How so CK? I'm not going to discuss the current economy and if it is good or bad; I really couldn't say. But even if it is bad, I don't see how that should be a condemnation of the capitalist system.
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Old 05-01-2007, 01:03 PM   #22
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Originally Posted by catman View Post
Really? Howso?
What would you have replace capitalism?
Howso? Hmmmmm, well - we live in a country where 5% of the people have more money that the other 95% of the population. There are people starving to death, children who can't sleep because they have no roof over their heads, babies dying of malnutrition, and people who work full time who can't stay above the poverty line. Meanwhile, a couple hundred people have more money then they could ever spend, and when they get taxed, how do they respond? They take from the poor by raising prices and taking pensions, because sacrificing something would be too much to ask from one of them.
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Old 05-01-2007, 01:10 PM   #23
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You didn't answer the question. What replaces free-market capitalism as our economic engine?
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Old 05-01-2007, 01:13 PM   #24
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Originally Posted by catman View Post
You didn't answer the question. What replaces free-market capitalism as our economic engine?
Sorry, you like to ask several questions at one time and expect answers, yet you rarely answer questions when you are asked...

As for what to replace capitalism, it is inevitable that socialism will replace capitalism. In fact, it is already happening in more "mature" societies in Europe. Maybe not within our lifetimes, but within 100 years, America will be socialist, with a few remaining aspects of capitalism.
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Old 05-01-2007, 01:20 PM   #25
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I disagree with this. Socialism works well on small scales, IE local groups where everyone has their own specialty -- drs, farmers, carpenters, plumbers, etc. It will not work on a global scale. Europe is not a "socialist" economy. The businesses are, for the most part, private ventures, some with Governmental partnerships. Private investment is still allowed and always should be.
Capitalism is the only proper economic engine. The market sets the price for goods and services. If people do not approve of the way a business operates, they need not purchase that business' products. They will get the message eventually.
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Old 05-01-2007, 01:32 PM   #26
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Europe in not socialist, but it ismoving in that direction. They have many more socialist policies than the United States, they have much smaller gaps ebtween rich and poor, and they provide health care and college education for all tax paying citizens.

Socialism is inevitable.
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Old 05-01-2007, 01:39 PM   #27
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I disagree. Capitalism is here and will remain the predominant economic engine. Socialism is very inefficient on a large scale, as evidenced by the Soviet Union's economic problems. I would not like to fall into that abyss.
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Old 05-01-2007, 01:42 PM   #28
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I disagree. Capitalism is here and will remain the predominant economic engine. Socialism is very inefficient on a large scale, as evidenced by the Soviet Union's economic problems. I would not like to fall into that abyss.
THe Soviet Union doesn't qualify as socialist, considering they skipped the necessary step of capitalism. Take a look at Sweden. They are truly socialist, and doing just fine.
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Old 05-01-2007, 02:01 PM   #29
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They are a very, very small economy, Fresh. What do they export? Volvos and fish are about it, unless you count hockey players and super models.
The market sets the prices for goods, and the wages for producing them under capitalism. Socialism has artificial caps on prices and wages, plus there is no incentive to produce excellence. Why would I try to make 100 widgets an hour when all I need to produce if 75? Why would I want to exceed my quota in anything?
Sorry Fresh, I prefer the challenge that capitalism offers, along with the opportunity to better myself. In socialism, you are what you are -- almost a caste system.
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Old 05-01-2007, 03:33 PM   #30
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Why would I try to make 100 widgets an hour when all I need to produce if 75?
Because you would understand that what is good for the community is good for you. Socialism wouldn't work in America right now, because people don't udnerstand that concept, it is all "me, me, me." But in a highly intelligent community, you would understand that if you make 100 widgets instead of 75, the entire community benefits. When the community benefits, the individuals benefit because everything is shared.

There is still incentive to perform, it's just a bit more complex than the barbaric and simplistic capitalist model.

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Sorry Fresh, I prefer the challenge that capitalism offers, along with the opportunity to better myself. In socialism, you are what you are -- almost a caste system.
A caste system? Huh? Caste = "any exclusive social class." The point of socialism is that there is NO social class. Everyone is equal. No one starves, no one is denied health care, no one is denied opportunity.

That makes too much sense I guess...
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