Kasz216 said:
BrokenBones646 said:
Viper1 said:
BrokenBones646 said:
silicon said:
BrokenBones646 said:
I actually do, just tax the super rich alot BUT only tax them if their money isn't doing anything, if their money is invested in something that jobs X number of people or more then they don't have to pay, so instead of paying the tax the super rich will just start businesses that employ people and not try to make massive profits just break even and if they don't use the money to make jobs
|
Technically if your money is in the bank it's doing something...Making money is something a corporation is requried to do legally...Taxing rich peolpe means the rich people will move their money to another country that doesn't tax as much...
This issue is really complex. Plus it's not only the number of people who are unemployed but also the type of work those who are unemployed are capable of doing.
They're not all engineers, which the US needs. It's mostly unskilled labour that can't find jobs ( I think last I heard unemployment in that sector could be as high as 16%). For engineers is 3%.
|
Thats why you put in an even bigger tax for moving large sums of money out of the country, just funnel them to the point where it's in their best interest to create jobs, and please banks mismangement of money is one of the main reasons this happened, money in the bank goes to loans not jobs
|
1. That woudln't just export jobs, that would export rich people along with their money and the jobs they create.
2. How do you think businesses start up? Loans. How do you think businesses expand? Loans. Even most busniesses with lots of free capital with take out a loan to expand the business instead of paying outright.
|
1. Who said anything about exporting jobs, and the tax for transfering their money would be more then what they are contributing anyways
2. Most people just do it for houses and several people don't know how to start a buiness get a loan and go bankrupt leaving the bank with less money, it's one of the major reasons the colapsed happend, if the rich make jobs if the buisness fails they are just less rich
|
1) he means the rich people would move, because the tax system is so idiotic.
2) That isn't one of the major reasons the colapse happened... the collapse happened because the government forced banks to make a bunch of bad housing loans that created an unheard of national property crash. (Property up and downs are ALWAYS local only). This caused the derivitives market to fail.
|
If you know you are being forced to do something that is financially stupid, why would you leverage to the hilt against it, as they did? It is not helpful to spin a story a certain way, in the face of reality that says otherwise, just to prop up a view of reality. It is correct to say that the government cheerleadered lending, and also pushed legistlation against redlining. It is wrong to say, "Well, the excess leveraging on what is here didn't work, because the government made it so".
But, you are free to believe as you like, even if it isn't totally connected with reality.
