The Democrat Utopia

[RedDenver]

3 minutes ago, BigRedBuster said:

Yep....and they are taxed in many ways for using it.  You truck something down the road?  It's taxed.  You use the water and sewer system, they are billed for it.  You create income off of using those resources, tax it.  You sell the company after you build it?  Tax it.

Yeah, and now that you've succeeded in accumulating vast amounts of wealth, it's reasonable to ask that you contribute more than others to society. 

 

10 minutes ago, BigRedBuster said:

Correct.  So, tax that when they sell them.

Why? Why not tax it now and use it for the benefit of society instead of hoarded by someone who has way more than enough? Especially considering that wealth can now be handed down from one generation to the next and kept from benefiting society basically forever as the estate and gift taxes keep being watered down and are only a one-time tax.

 

But I'm realizing that we're derailing this thread. I thought there was a wealth tax thread from some years ago, but best I could find was this one, so we can continue the discussion there if interested: 

 

[Archy1221]

1 hour ago, RedDenver said:

1 hour ago, BigRedBuster said:

 

Yeah, and now that you've succeeded in accumulating vast amounts of wealth, it's reasonable to ask that you contribute more than others to society. 

They already do. 

[BigRedBuster]

24 minutes ago, Archy1221 said:

They already do. 

Yep

 

and that can improve with income tax reform. 

[BigRedBuster]

@Archy1221  psssst....see. ^^^^^^. I don't disagree with everything you say.

[Archy1221]

Just now, BigRedBuster said:

@Archy1221  psssst....see. ^^^^^^. I don't disagree with everything you say.

Well I’m glad you are right once in a blue moon.  Good on you!!  I can bring you along slowly   

[Guy Chamberlin]

On 6/14/2021 at 1:57 PM, Archy1221 said:

You do realize the US has almost always been and currently is a watered down form of capitalism and is being pulled towards the socialism agenda…right? The most basic beliefs of socialism, the US is not.  Does the US have programs that help take care of those without?  Yes?  

 

You do realize that the "watered down form of capitalism" includes billions of taxpayer dollars aiding corporations, who lobby the same big government to help them out with tax breaks and incentives, international tariffs and copyright protections, not to mention highly profitable government contracts. The most unregulated form of Capitalism s#!t the bed with its derivative bundling addiction, and the American taxpayers -- who lost billions in devalued investments and IRAs -- were also expected to bail the rich guys out.  Interestingly enough, conservatives never call this re-distribution of wealth "socialism."  That's a word reserved for the $15 an hour warehouse worker getting too much unemployment compensation. 

 

I'm sure you can find someone somewhere who thinks everyone should be rewarded the same regardless of effort or circumstances, but that's not what the adults are talking about.

[teachercd]

Only in America can you see people arguing that they should be paying more in taxes.

 

Newsflash, you can, you can give the government your money, they will take it.  

[Archy1221]

19 minutes ago, Guy Chamberlin said:

were also expected to bail the rich guys out.  Interestingly enough, conservatives never call this re-distribution of wealth "socialism." 

That would be incorrect.  You shouldn’t paint with such a broad brush.  Go back in time and see who was against the bail outs.  It wasn’t a huge block of Democrats only.  
 

21 minutes ago, Guy Chamberlin said:

You do realize that the "watered down form of capitalism" includes billions of taxpayer dollars aiding corporations,

Ya.  Point being what exactly.  That we have a watered down form of capitalism like I said in the post you relied to?  
 

23 minutes ago, Guy Chamberlin said:

but that's not what the adults are talking about.

Let us know when you want to join

[Archy1221]

4 minutes ago, teachercd said:

Only in America can you see people arguing that they should be paying more in taxes.

 

Newsflash, you can, you can give the government your money, they will take it.  

Very true.  Interesting that they don’t actually do it though unless forced through actual taxation. 

[BigRedBuster]

46 minutes ago, Archy1221 said:

Ya.  Point being what exactly.  That we have a watered down form of capitalism like I said in the post you relied to?  
 

Watered down with what?

[Guy Chamberlin]

52 minutes ago, Archy1221 said:

That would be incorrect.  You shouldn’t paint with such a broad brush.  Go back in time and see who was against the bail outs.  It wasn’t a huge block of Democrats only.  
 

Ya.  Point being what exactly.  That we have a watered down form of capitalism like I said in the post you relied to?  
 

Let us know when you want to join

 

Do you approve of that watered-down form of Capitalism, as in the need to punish Capitalists for profiting from de-regulation and self-inflicted excess? 

 

I'll admit, sometimes I'm unsure what you're trying to say, as you tend to move the narrative around in coy and evasive ways. 

 

I'll also admit Barack Obama let the financial establishment off the hook. Pretty much every advisor said this was the only choice to avoid fast-moving financial armaggeddon that would punish the innocent,  but I think Obama often went out of the way to prove to everyone he wasn't remotely socialist. Ironic, huh. 

 

 

 

 

[Archy1221]

28 minutes ago, BigRedBuster said:

Watered down with what?

Subsidies for starters 

[teachercd]

Farmers LOVE their subsidies!  

[Archy1221]

44 minutes ago, Guy Chamberlin said:

Do you approve of that watered-down form of Capitalism

Our economic system seems to be working well.  An amazing amount of people are lifted out of poverty every year.  Mass amounts of wealth is being generated, and the system has survived three mass shocks in the past twenty years.  
 

46 minutes ago, Guy Chamberlin said:

as in the need to punish Capitalists for profiting from de-regulation and self-inflicted excess? 

No idea what you are trying to get at.  

 

48 minutes ago, Guy Chamberlin said:

ut I think Obama often went out of the way to prove to everyone he wasn't remotely socialist. Ironic, huh.

I don’t think he was a socialist, though I believe he wanted to move our system more towards that way.  Never did I think he wanted a complete socialist economy. 

[BigRedBuster]

26 minutes ago, teachercd said:

Farmers LOVE their subsidies!  

Most socialized industry in America.