bullshit. that money gets hoarded.
Tu Stultus Es
hmmmmmeleven bravo wrote:
its globalisation. the idea of international free markets we promoted through the 20th century. we won the cold war, this is our prize.
eleven bravo wrote:
bullshit. that money gets hoarded.
yep. global capitalism... america championed it, now you're bitching about its (inevitable) results. lovely. go reds?11 Bravo wrote:
hmmmmmeleven bravo wrote:
its globalisation. the idea of international free markets we promoted through the 20th century. we won the cold war, this is our prize.
winning lol
i am bitching because i didnt champion it. twas a kid ffs.Uzique wrote:
yep. global capitalism... america championed it, now you're bitching about its (inevitable) results. lovely. go reds?11 Bravo wrote:
hmmmmmeleven bravo wrote:
its globalisation. the idea of international free markets we promoted through the 20th century. we won the cold war, this is our prize.
winning lol
no. im just a working stiff who likes to buy local stuff whenever possible and i like spending money here. i dunno what term that falls under but have a go if you please.Uzique wrote:
so you're a commie, eh? or an anarchist? tch
Doesn't that argument work for both sides? Same stuff happens if you cut tax for the rest of the population; money starts moving.Jay wrote:
Umm... what do you think rich people would do if you cut their tax rate? Hoard it as gold in a vault like Uncle Scrooge? That money gets invested. It doesn't matter if it sits in a savings account or ends up in a hedge fund, the money moves and creates more wealth. If it sits in a savings account it gets loaned out by banks to businesses and people. If it goes into a hedge fund it's used to purchase stock and commodities which allows other people to invest in turn.eleven bravo wrote:
if you drop the tax rate theyll end up putting more money through those irish mailboxes. the idea that trickle down is the "rising tide" is about as sound as communism with "From each according to his ability, to each according to his need "
It does, but it also causes inflation. That market is saturated already anyway since 47% of Americans don't pay federal income tax, and many of those 47% have receive a higher return than than they originally paid in taxes.Shocking wrote:
Doesn't that argument work for both sides? Same stuff happens if you cut tax for the rest of the population; money starts moving.Jay wrote:
Umm... what do you think rich people would do if you cut their tax rate? Hoard it as gold in a vault like Uncle Scrooge? That money gets invested. It doesn't matter if it sits in a savings account or ends up in a hedge fund, the money moves and creates more wealth. If it sits in a savings account it gets loaned out by banks to businesses and people. If it goes into a hedge fund it's used to purchase stock and commodities which allows other people to invest in turn.eleven bravo wrote:
if you drop the tax rate theyll end up putting more money through those irish mailboxes. the idea that trickle down is the "rising tide" is about as sound as communism with "From each according to his ability, to each according to his need "
Last edited by Jay (2011-05-17 10:26:19)
Someone needs to do some research on tax rates and who actually pays the bulk of income taxes in this country.eleven bravo wrote:
we've been broke for decades. thats just not true. he wants to give the extremely rich a tax rate of 25% compared to the already low one it is now. dropping taxes keeps the government from collecting revenue. how is that supposed to make us less broke?
Not sure how pointing out the fallacy of your argument is "being an asshole" but w/e.eleven bravo wrote:
someone needs to quit being an asshole every time i get quoted by them
*raises hand "Can i guess?"eleven bravo wrote:
someone needs to quit being an asshole every time i get quoted by them
Go ahead and look for yourself.eleven bravo wrote:
no feos. check your post history, the last few times have been some real smug remarks. till you stop acting like a retard in a debate I dont bother reading what you post.
Last edited by Hurricane2k9 (2011-05-17 15:14:38)
niceHurricane2k9 wrote:
i will read your local obituaries every day until I see your name in one of em
would never happen.13rin wrote:
So Iran goes nukier. Think Israel will hit again?
Only if they have a really quite urgent death wish.13rin wrote:
So Iran goes nukier. Think Israel will hit again?