Posted on 11/11/2019 6:49:43 AM PST by GuavaCheesePuff
A lot of leftists online say and last night I posted how leftists think. I personally think that billionaires should pay taxes like everyone else, but what the hell is wrong with making money? Do you think a Democratic trifecta would allow this? What would be the point of the American Dream?
Well, FDR kicked the Constitution to the curb years ago, so whatever the so-called “progressives” say or want you can bet it has nothing to do with the Republic they all take an oath of office in vain to serve.
Love it or leave it, after paying a 40% exit tax (Warren).
It doesn't actually mean anything and those who say it and/or believe it haven't thought about its implication.
It just sounds good to fellow bleeding-hearts. It's a way to say, "I'm a member of the club."
What would happen if bernie/julian/lizzie/deblasio got into power and took as much money as they wanted from Bill Gates/Jeff Bezos/Steve Jobs/? We would not have the innovative genius that brought us Microsoft/Amazon/Apple. Why would they bother working 24/7/365 for nothing?
Also, we would suddenly have a billion or two indolent slackers rushing to get into the USA to take some of the money that once belonged to Bill Gates/Jeff Bezos/Steve Jobs/. They would demand money and free things.
Elect a democrat to see if I’m right.
Billionaires who contributed to the Democrat party would be "grandfathered."
I take it, no more NEW billionaires.
That’s why rich people love Socialism, it keeps out the competition.
“I think a billion dollars is enough for one person, especially when you have public education starting, schools crumbling, and children who can’t be taught to read because there’s no money to hire a teacher...”
My gosh this leftist drivel is so easy to compose....
Then a writer like Terry NoGoodkind couldn’t have made a career out of poaching Ayn Rand to create the fantasy genre’s equivalent to Twilight or Fifty Shades of Grey. (as in, writing at the same level of dubious quality).
Best review I ever saw of his work: “Why is Badkind so Good?”
A lot of relative accounting and investments over seas. Decreased economic growth and investment in the US.
When it comes to 'income or wealth inequity', they characterize money as a finite commodity that is unequally distributed. In this context, they think of money like air or land. There is a finite amount of air and of land. If someone has a lot of land, then that is less land for everyone else. Thus, to them, if someone has $3 billion dollars, that means there is less money available to everyone else. This is crazy, of course, as billionaires generally increase the total amount of money available to everyone, by building companies, promoting industry, and adding substantially to the GDP. Money is not like land, or air.
The left agrees with this premise (that money is not a fixed entity, and is not like air or land) only when it fits their agenda. For example, when they propose some ridiculous and costly plan, they say things like this: “The government can afford to pay for any program it wants. It doesn’t have to raise taxes. The national debt is nothing to fear.” Stated by Stephanie Kelton, Professor of Public Policy and Economics at Stony Brook University and a former adviser to Bernie Sanders.
These are dangerous people.
No more JK Rowlings
Mass prosperity requires economic progress, which requires a pro-capitalistic political program, which requires rationality, natural rights, including private property rights, capital accumulation, and technological progress and advances.
The total abolition of the personal and corporate income taxes and of the inheritance tax is an essential feature of a pro-capitalist political program. It is required by the individual’s right to his own property. In addition, progress toward the abolition of these taxes helps to create the conditions required for economic progress, by increasing economic incentives, and the ability to save, both of which serve to promote capital accumulation, and thus a rising productivity of labor and rising average real wage rates.
Actually, it's more sinister. It's a shift in the narrative about talking about what people are entitled to (free stuff) to one about what people should not be allowed to have. Can't have guns, can't have fatty foods, can't have soda, can't have a billion dollars, etc. It's outright "we will decide, you will obey" showing itself.
Scratch the top layer of paint off a leftist and the fascist underneath shows right through.
Because so many of them are rich it would be loophole city. Nothing would actually change.
Though I’m nowhere close to billionaire status, my wife and I have off-and-on investigated other places to live to escape the US socialist movement. You would be surprised and some of the wonderful enclaves scattered about the world where successful American conservatives have escaped.
And, they took their money with them.
spot on
socialists think that “money” is always a zero sum game
they essentially have a peasant mentality that is unequipped to understand that “money” is different from land.
similarly, in a world where people are free to innovate, most commodities are not actually finite. they can be made darn near infinite through innovation. (think about oil, for example.......).
but Warren and her ilk WANT us to remain peasants, so that they can enjoy life in the castle, and try to tell us what to do....
Here is the issue. Lets leave out that the press is made up by billionaires. Roberts owns MBC and MSNBC. Slim Carlos owns the New York Times. Bezos owns The Washington Post. Murdoch owns Fox.
But the Swamp is leery of Billionaires. They are the private sector knights who can attack the swamp. The swamp can happily exist on pensions. The market can go up or down, a recession can hit but they are getting paid and can retire in their 50s. So, billionaires are the biggest worry. The swamp controls the press by issuing leaks to favorite media. The billionaires can buy PR companies and commercials. So the swamp can leak dirt on weak presidential candidates. But Trump was able to persist. Everyone but Bloomberg would have to worry about the swamp. So who does the swamp hate, Bloomberg and Trump.
If you don’t believe the swamp controls the press, type Eric Ciaramella in comment sections and see how fast you get your comment removed.
It would be the end of entrepreneurialism as we know it. If taking all those risks have limited pay offs, people will not even start.
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