Why aren't they already doing all these things? Do they only start wanting more money when taxation reaches a certain threshold?
2020 US Elections | Biden certified as President | Dems control Congress
- Thread starter Raoul
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What you don't get is that super rich people DON'T re-distribute their companies' wealth anyway, so at least with high taxes the governement can. You fell for the trickle-down theory that was disproved a gazillion times, it just doesn't work.
Oh no, rich people will move their asses and will pay someone else to clean their shit!
What? I'm talking about Trump not listening to experts and spreading conspiracy theories. Not you.
Force people to drink hydroxychloroquine in a bleech cocktail.
I thought that Trump worshippers had all left. Like cockroaches, seems that there is always a surviving one.
Thank you for responding properly. No, I don't; I am in agreement with the lockdown, but there is no doubt a lot of people are going to lose their jobs, and the tax rate will not help matters at all. The idea of taxing the rich sounds good, but their scheming has no limits. So long as there is some viable way of reducing the impact, they will do it. Why would tax schemes be such a big thing, otherwise? Some of them are so complicated you would think 'stuff this', but they do it because they are greedy.
If they are willing to go those extents, they won't hesitate to put pressure on the board to cut costs or do it directly themselves. The best way to cut costs is well known to be through employment changes.
It is more in response to people who are talking about recent job losses, but this is going to be an issue for a long while.
Child...
Apologies then. It looked like it was directed at me.
Side note: a bit ironic that Lil pump, someone of Hispanic descent with a first gen Hispanic family, is supporting someone who has made his stance on immigrants clear. But then again elections show time and time again that turkeys do in fact vote for Christmas
They survived Thanksgiving so I get their optimism
They do have knowledge of how much people have bet on each side, which is fairly significant
As you say though they'll be hedging a lot here to minimise risk, which is where the value lies in betting on Biden I think
Do you guys reckon that regardless of whichever way the results swing we’ll see the biggest racial tensions across America since the civil rights’ era? They’ve already started to board up establishments in certain states such as NY because riots are inevitable.
You’ve said you’re not too bothered by the Iran policy shift.
Then gone on to point out how it will have a far bigger near-term impact than your other two points.
I love Iran. It’s a beautiful country. Their people are great. But Trump has helped drive attitudes and temperatures inside the country against Americans. He galvanises their governments position and makes Iran a larger threat to global peace.
Can’t quite work out your math here.
New Zealand, Japan, Taiwan, South Korea....
Mind you, a successful lockdown also relies on not having a population filled with copious amounts of idiots and lunatics, which the US unfortunately isn't short of.
At what time will exit polls start coming in this evening?
Rich people are nice. When they don't get taxed and earn 10 billion dollars per year, they treat their workers nicely. Put tax them heavily (profits under 5 billion), and they will start firing everyone. I mean, if Biden starts taxing Jeff Bezos, so he'll be worth only 150 billion instead of 200 billion, I am pretty sure that he is gonna fire all the workers in Amazon's warehouses. The company would still be fine, after all, those workers are there not cause Amazon needs them, but cause Bezos is not taxed enough, so he can spare some money for those filthy peasants. A man needs his money after all.
This is The kind of thought that, pre-Internet, would go through some kind of vetting process. You’d have tried to learn about the mechanics of your position. Challenge it, revise it, then rework it.
It’s such an ill-informed opening line. Followed by an incorrect conclusion.
The NH Governor must be popular if four Biden voters chose him against party lines.There is a 3rd Candidate??
If they want to cut costs, then they're welcome to cut costs. What you're ignoring is that they've ALREADY done this as much as possible, which is exactly why the working class are struggling the way they are. The corporate approach has been to cut costs to a minimum, maximize profit and ensure that profit is directed upwards. Typically for those obsessed with accumulating money, it's a stupid, short sighted approach because the people making up the bulk of the workers are also the people those companies generally rely on to buy their products. By reducing their disposable income, they also reduce their ability to purchase the very products they make.
Over and over again people pushing the argument you're making ignore the elephant in the room. The power doesn't lie with corporations, the power lies with the market, and the market is controlled by the country and by the people who live in it. This whole concept that you have to kiss the suppliers ass is laughable when you actually spend a little time thinking about it. So some big corporation is going to close up and run away abroad? So fecking what? Do free market forces just vanish suddenly? You don't think there'll be a dozen other companies all racing to fill that newly available gap in the market?
The only time it becomes a real issue is if you start taxing companies to the point where their business is actually unprofitable, but given that those corporations are making vast profits that is really not something we need to be worrying about right now.
The US is in the top 10 for mortality per capita. Two of those countries ahead of them are microstates like San Marino and Andorra. From the remaining 7, the only developed countries are Spain and Belgium. New York or Chicago or LA has more resources than Belgium, and Spain's GDP is almost 20 times lower than the US' (but the population size is only 8 times smaller). They also have a significantly higher population density.
In other words, Trump utterly fecked up in every possible way when it came to pandemic handling. Pretty much everyone else did better.
Except nobody on less that $400k pa will pay more tax and the 67% tax thing is made up it would seem as a 2.6% marginal rate increase for the very wealthiest is what is proposed.
https://www.snopes.com/collections/about-that-biden-tax-plan-meme/
And Biden didn't say he would lockdown the whole country much less made it a fundamental part of his campaign.
https://www.reuters.com/article/uk-factcheck-biden-shutdown-vaccine-idUSKBN2762TF
I'm sure he would want a better and more consistent response with some restrictions but that is hardly controversial after the dangerously incompetent approach of the current administration.
So it sounds to me like you have been drinking g the Trump coolaid and believing him when he told you it was vintage French champagne.
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If this is true then Biden has a very solid lead over Trump. Clinton had around a 100k vote lead going into 2016 election day.
You’re right. Maybe if we give them more money they’ll start sharing a larger percentage with everyone.
In a very very ugly shorthand manner;
- Raise taxes on those with the ability to pay.
- Those companies will shrink to fit, to a degree.
- Other smaller businesses will fill the gaps this creates.
If 10% of Walmart’s closed, towns that lost a Walmart would see a resurgence of smaller stores that provided the same service.
I've read previously that you want the Pakistani government based on Islam. Apologies if it was someone else
It is the bullshit that trickles down.
Not this time.
Antifas sexualize Fox News?
Trump's use of YMCA at his rallies is very confusing.
Does it mean that he's dumb as a rock and doesn't understand what the song actually is about, or is he sending a signal to the gays that he actually loves and admires them very bigly and also wants to hook up with men at his local YMCA? Or maybe he refers to his use of the song to troll his assumingly above average homofobe fans when he claims that no-one has ever done more for the LGTB community than him?
I really don't get it.
Does it mean that he's dumb as a rock and doesn't understand what the song actually is about, or is he sending a signal to the gays that he actually loves and admires them very bigly and also wants to hook up with men at his local YMCA? Or maybe he refers to his use of the song to troll his assumingly above average homofobe fans when he claims that no-one has ever done more for the LGTB community than him?
I really don't get it.
In other words, if that is a correct-ish estimate then Trump would have to make up 600k votes on the day. Doesn't seem very likely?
Because there is nothing between doing nothing and Wuhan style lockdown? Good to know.
This is the key point, the likes of Amazon aren't going to go out of business because of tax rises, they'll still be the same filthy rich conglomerate continuing to monopolise their segment, while still garnering astronomical profits. Bezos will still be the richest man on the earth by a long shot. If it does dent the big corporations' strangehold over the markets then that should surely be seen as a good thing anyway. Monopolies are never healthy for any economy, developed or otherwise.
Isn't that how it is now?
Trickle down economics works, the theory isn't flawed.
What's flawed is that the US manufactures chose to trickle their wealth somewhere else, everywhere else but the US. In order for jobs to go back to US the whole Marginal Cost have to be lower than their foreign competitors.
So all those rich people tax cut aren't doing the poor naught, but a free incentive for the rich.
What's flawed is that the US manufactures chose to trickle their wealth somewhere else, everywhere else but the US. In order for jobs to go back to US the whole Marginal Cost have to be lower than their foreign competitors.
So all those rich people tax cut aren't doing the poor naught, but a free incentive for the rich.
If that model is correct then he has a huge mountain to climb.
Do you have some actual evidence to support this, because everything I’ve seen says the opposite.
Some comic relief...
Until today I had no idea why the polling site 538 was named. Never cares enough to google it either.
The Jeb link a few pages back gave me an embarrassing lightbulb moment.
FML
Until today I had no idea why the polling site 538 was named. Never cares enough to google it either.
The Jeb link a few pages back gave me an embarrassing lightbulb moment.
FML
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