We need to raise corporate income taxes to 91% again. Rich people need to pay higher taxes

We need to raise corporate income taxes to 91% again. Rich people need to pay higher taxes.

Other urls found in this thread:

marketwatch.com/story/fewer-shareholders-pay-taxes-on-dividends-study-2016-05-18
washingtonpost.com/news/wonk/wp/2016/04/05/how-the-u-s-became-one-of-the-worlds-biggest-tax-havens/
icij.org/offshore/hidden-plain-sight-new-york-just-another-island-haven
theguardian.com/us-news/2016/apr/06/panama-papers-us-tax-havens-delaware
forbes.com/sites/toddganos/2016/04/25/forget-the-panama-papers-use-the-united-states-as-a-tax-haven/#5c368d8d60f6
bloomberg.com/news/articles/2016-01-27/the-world-s-favorite-new-tax-haven-is-the-united-states
politico.com/magazine/story/2016/04/panama-papers-america-tax-haven-213800
rt.com/usa/343486-eu-us-tax-haven/
independent.co.uk/news/world/politics/tax-havens-accuse-us-of-hypocrisy-over-tax-avoidance-a7028006.html
youtube.com/watch?v=P3LyZ8hyVZM
wri.org/blog/2010/04/measuring-what-matters-gdp-ecosystems-and-environment
twitter.com/NSFWRedditGif

this guy was responsible for destroying HITLER

obviously he's an idiot and a communist

Retards don't understand how tax brackets work.

I'd cap it at 60% personally.
But yes, our democracy needs a way to curb wealth pooling amount the top 5% of earners.

>corporate income taxes
No. Taxing businesses, which are the primary wealth generators in any major economy, is retarded.
>Capital gains tax
Yes. Target the greedy Jews responsible for bleeding the economy dry directly, instead of making everyone else suffer for it.

I think everyone agrees that nobody should be making a tax free $1 Billion dollar yearly income

wtf I hate hitler now!!

>retard bernie cucks think people paid that amount

why?

Why is wealth disparity immoral?

You know that the businesses affected by that tax would close their doors, keep all their money, and leave people jobless and then the country is still in debt unless you tax smaller and smaller businesses

It isn't fundamentally, but it's a fairly well-established fact that economies function better when more disposable wealth is in the hands of average consumers rather than squirreled away by a small subset of the public. Even large businesses quickly cross a point of diminishing returns when it comes to amassed capital.

>we need to kill the economy again
Drink bleach. People that don't have degrees in economics shouldn't be trusted with economic debate or policy making at all.

No one is going to pay 91% of their income to a federal government full of niggers and spics.

Fix The Income Tax Brackets Before Raising Taxes

In the early to mid twentieth century, highest income tax brackets were in the millions (adjusted for inflation) instead of the hundreds of thousands (present day) or even in the tens of thousands (1988 Reagan Era tax cut).

Rather than raising taxes on what is essentially small and medium size businesses (Main Street) the income tax brackets need to shift towards the millionaires and billionaires (Wall Street).

T. 16 yr Bernvictim

Sure OP. How will you stop the mass emigration of companies and rich people then?

>Why is wealth disparity immoral?
Because a system in which education and medicine are luxury for RICH ones only cannot be meritocracy and in fact is oligarchy.
Poor kids that were born poor and could never get education and then died cuz had no money for doctor could have been geniuses that would cure Cancer and take us to Mars.

it was never at 91%.

they paid like 0-10% at most.

>leaving a perfectly profitable business because you aren't getting quite as much money

If you are this much of a baby, small business will come in and eat your lunch.

OR...and I'm just spitballing here, you could kill yourself.

>leaving a perfectly profitable business because you aren't getting quite as much money

They will move their headquarters to other country and pay a smaller tax to any other country rather than to US.

>Muh Eisenhower

OP doesn't understand marginal tax rates, effective tax rates, inflation, loopholes, and today's trade policy vs. trade policy of the 1950s. OP is no doubt a leftist- meaning OP is, in effect, a brain-dead know-nothing. Shocker!

1 person would produce a lot more GDP in his lifetime than education and medical service is worth.
Therefore government paid medicine is a profitable investment.

That indeed is if you abolish welfare entirely.

The ignorance is astounding
How's highschool coming along, buddy?
Don't worry 10th grade is much better than 9th.
The older boys won't pick on you as much if you're not a freshmen.

That barely works.
All it does is add more money to the treasury for the government to waste. The average american wont see shit of that money unless its paying for johnny to go die for freedom in some ungratefull shithole
If your goal is to take money out from the top 1 % and give it to the rest of the populace, the better solution is to encourage the rich fucks to spend their money like dumbasses instead of hoarding it.

Inviting corruption.

How about charitable hospitals.

>Charity
Yeah, red cross is known for helping a lot.
Collecting shittons of monies they distribude dogfood, jackshit, and cardboars boxes.

Your problem is that some people are paid way too much.
Here in Motherland you'd get your teeth fixed for free kinda OKish, and for 50$ you get LUXURY service. Free medicine makes paid medicine actually compete lowering price and increace in quality.

Part of that is that Murrikan medical education is super expensive.
Other part is that prices of pills and meds is hyper inflated.

You already are neck deep in corruption and corporations fuck you up.
Murrika is the only country in the world where people actually die because they cant pay for pills.
Think about it.

Higher taxes won't work on the people already hiding overseas to evade taxes.

Uh... no. Charitable as in run by a Church. i.e. Priests and nuns.

Also, you apparently get your information re: USA medicine from Michael Moore. We have the absolute toppest-tier hospitals, doctors, procedures, surgeons, and medicine in the known universe. This is an actual fact.

>Yeah, red cross is known for helping a lot.
>Collecting shittons of monies they distribude dogfood, jackshit, and cardboars boxes.
Every single private charity gets over 75% of every dollar donated to the needy
Government gets around 25%.

>corporate income tax
Just when I thought Berners had reached critical ignorance you go and do this, OP

>hospitals
Hospital is just a building.
>doctors
Doctors are just people with education.
>procedures
Most medical Equipment like Carl-Zeiss laser optic surgery are maid in Germany or western Europe and are sold everywhere not murrika alone.
>and medicine
We also have your medicine, and not only yours.
Physer's Prozak will cost 5$ per box in here
Russian analogue (which is 100% but no fancy trademark) will cost 2$ per pack.

Here you can get fixed for free and you will be OK.
Or you can get super duper service for a reasonable price.
How about 30$ for fixing your tooth on toppest kekkest medical Equipment from germany?
While amerikan poorfags have to pull their teeth because cant afford that.
/b is full if people "what is this shit i cant go to doctors"

I just checked.
The most advanced existing optic surgery costs 300$ in Moscow in our best hospital.
300 fucking bucks.

Reminder Eisenhower was literally a nigger. Look at his mom in this picture

really makes you ponder

You know people can just move to other countries, right?

You don't really understand how our system works, do you?

Dont you have state owned business and state owned money to pay for that.
Russian free medicine comes directly from oil monies.
But Murrika should also have some state-owned income, doesnt it?

Nigger, we don't need to invite corruption. American healthcare and big pharma are already masters of it.

>Therefore government paid medicine is a profitable investment.

nigga u went full retard

ignores how the govt fucked up healthcare...u must be a sheboon

really... makes you... uh... I forgot...

so you don't think that those corporations will just pass that on to the consumers in their cost?

and much like paying someone $15/hr to take my order at a fast food place - raising corporate taxes is a sure fire way to cost people jobs.

I don't think anyone in government understands that profit is necessary for a business to be a business - unlike government which seldom has to work within a budget

Yeah but your average pay is like 300$, i only see russians on cheap games liek cs:go and rust

>They pay for you to be ok and get a degree.
>You get your degree
>Work for Space X
>Create more money and pay taxes
>Not profitable
It is like feeding your horse mang.
You pay for horse food.
The horse does job, you get more monies.

nope - thus the 20 trillion dollar debt

It's difficult to understand the retarded American political and economic system if you aren't equally as retarded

Created by Medicare and various other government molestations.

So russians can have optic surgery for one median wage?
Awerage Russian can afford a surgery every month.
Murricans can only dream about that.

The points is We have medicine available to everibody.

Taxes were higher, but theres other factors. For one, there were a ton of different brackets, ranging from 20 to 91. there were tons of brackets.

Also, things were cheaper because inflation was lower. We had domestic production which meant we had people making money making shit they themselves would buy.

there was looser regulation

there was no such thing as the EPA, for example. so you could take risks with products. the muscle car wouldnt exist if the EPA and all the bullshit cafe regulations were around back then

Instead of a minimum wage, there should just be a maximum wage and everything after that goes to taxes because if you make more than a million a year, face it you lucked out in the market thanks to the benevolence of the zeitgeist, and it was nothing you could actually control.

Why do you assume that OP isn't aware that it is a marginal two rate?

Capitalism can't be sustained if people just hoard until meaningless, they have to contribute to the flow. It's not like these people even really contribute to any service or industry.

>We need to raise corporate income taxes
Corporations don't pay a penny in taxes.
If you pass a 10 cent/gallon tax on milk...the cost of milk goes up 15 cents to pay the taxes and accounting.
Taxes on companies are 'stupid taxes' on you, user. Because you're too stupid to take 10 seconds to think.
If enough of you stupid fucks could think, though...what a world it could be.

Eisenhower had a high tax rate because there was zero competition for the US.
We had flattened them.
Except Britain. They went socialist.
History isn't that tough, user.

Because I have eyes.

>rich people gibsmedats by gibsdegubsments dats 'cause gubsments supersmartz an knowledgeablez bout thingz

I fucking hate liberals

Raising taxes just applies artificial demands for lower-taxes assets and ends up ruining industries and at worst economies. You basically incentivize risky financial practices to dodge the higher tax rate. This is what happened in the 1950s.

No.

No one votes Republican for those reasons.
Leftists show, with actions, that they hate minorities. Passionately.
The democrat base has a collective IQ of about 10. Despite what your leaders do, you'll never open your eyes. Because leftism is pure feelz.

/thread

Good way to actually tax these people would be to close all the tax loopholes including those in the United states.
After that you could start fixing the taxing of the shareholder dividends

marketwatch.com/story/fewer-shareholders-pay-taxes-on-dividends-study-2016-05-18
washingtonpost.com/news/wonk/wp/2016/04/05/how-the-u-s-became-one-of-the-worlds-biggest-tax-havens/

This is the end of the thread. Nothing is left to be said.
It will be ignored, as always. Even though it is indisputable.
Because humans, socially, are complete morons.

Corporations are not people.

Kill yourself.

Nothing stopping the consumer from buying less milk.

>washingtonpost.com
Really, user? If you think this is a news source, you aren't paying attention at all.
The US as a tax haven? Moron-tier reporting.
>After that you could start fixing the taxing of the shareholder dividends
This is the Euro view. Tax the money. Then tax it again, every single step. Squeeze those pfennigs out like blood. Never mind that it leads to 1% GDP, or -10% when you remove .gov spending.

Wtf I hate OP now!!

When people think of the "The Rich", they're not thinking of industry leaders, they're thinking of George Soros types, the internationalists that make hundreds of companies that solely exist to move money around or buy up public stock. These "Sheopards of Men" as they fancy themselves.

The hatred for them is not by envy of their wealth, but for their beliefs in using their money to affect our daily lives, nations and futures.

hahahahaahhahaahahha

>Nothing stopping the consumer from buying less milk.
That's idiotic, and you should feel like a moron.
It's not the business of the State to fucking micro-manage your fucking food purchases with the tax code, shitforbrains.
Substitute milk for fucking oatmeal and keep your cock holsters in your lap.
It's because of you and your type that we're in the 8th year of recession.

Well take your pick:
icij.org/offshore/hidden-plain-sight-new-york-just-another-island-haven
theguardian.com/us-news/2016/apr/06/panama-papers-us-tax-havens-delaware
forbes.com/sites/toddganos/2016/04/25/forget-the-panama-papers-use-the-united-states-as-a-tax-haven/#5c368d8d60f6
bloomberg.com/news/articles/2016-01-27/the-world-s-favorite-new-tax-haven-is-the-united-states
politico.com/magazine/story/2016/04/panama-papers-america-tax-haven-213800
rt.com/usa/343486-eu-us-tax-haven/
independent.co.uk/news/world/politics/tax-havens-accuse-us-of-hypocrisy-over-tax-avoidance-a7028006.html

woah calm down u angry nerd

>It's not the business of the State to fucking micro-manage your fucking food purchases with the tax code, shitforbrains.
They are the only ones with all the information and access necessary to have the knowledge to manage food distribution without a bunch of localized starvation, though, if it wasn't for them your milk would be filled to the brim with puss and bacteria anyway.

If the taxes are raised, and X product increases as a result, then I will simply by little to none of X product until their knee bends.

Nobody is forcing me to buy X, I consider the value of X and if it does not meet my personal value I will not purchase X.

OP is probably wrong as shit, but your claim essentially implies that I have to buy milk.

>that make hundreds of companies that solely exist to move money around or buy up public stock
These types are necessary.
There has to be men who take chances with their money by loaning it to idea men.
The only problems are because politicians are in there, passing out favors for campaign "donations".
Politicians are the root cause of almost every bad thing, ever.
>The hatred for them is not by envy of their wealth,
Yes, it is, Occupy bitch.
>but for their beliefs in using their money to affect our daily lives, nations and futures.
Idiotic. They don't do crap unless a politician made it possible. Don't be a fucking sheep.

>le hitler did nothing wrong meme

Germans, when left to their own devices ruin Europe.

They need to be policed or they start acting out.

Our tax agency, the IRS, has tentacles everywhere.
The IRS shut down the old secret Swiss bank account meme.
No one, anywhere, wants to deal with the finances of Americans, because our IRS is right there, too.
The IRS is intinimately involved with every aspect of my life, and a lot of yours, too. In fact, I'll bet there's no greater influence on your Nordic life than my IRS.
I never disputed the "facts" in your link. I never looked. I was bitching from a high moral ground.

No, but a failure to address wealth accumulation and assets can lead to stagnation in upward mobility for classes.

>They are the only ones with all the information and access necessary to have the knowledge to manage food distribution without a bunch of localized starvation
Pure socialist crap.
>Only the State can keep you safe.
You're just a mindless drone.
>if it wasn't for them your milk would be filled to the brim with puss and bacteria anyway.
Yes. This.
Companies would kill their customers.
Fucking moron.
You're a good example of why socialism always fails. Socialist societies don't teach basic economics. If they did, socialism wouldn't exist.

>If the taxes are raised, and X product increases as a result, then I will simply by little to none of X product until their knee bends.
You are letting elected and non-elected .gov dictate your purchases.
For the sole reason of raising money for obamaphones.
THIS is exactly why the economy has failed.

Its cute you think still think you are their customer and not their product.

>These men are necessary, there has to be men who are willing to loan money
>This is an excuse to be a complete fucking jew

No user, being someone who has the money to loan and invest does not entitle you to pull shit like buying up half a companies stock to seize control or toss around money like boxes while you suck it out to the top.

The world can exist without these types, there are other ways to get funding to explore ideas. You give these people too much credit anyway, they're not the risk takes you think.

>It's the politicians fault!
The drug dealer is punished worse than the buyer. You aren't going to rid man of it's desire for wealth, so there is only one person you can place blame on.

>Occupy Bitch

You mean the movement that had a long forgotten purpose drowned out by Soros inviting every leftist drone over to fling shit? Who gives a shit.

>Keep blaming the politician

You're a cuck, if they don't buy the politicians they'll buy the armies. So long as man values money it will be it's holders, it's givers, who are to blame. You're like someone who blames the gun and not it's holder.

youtube.com/watch?v=P3LyZ8hyVZM

91% let's just go for 100%, free shit baby

Please explain why the company has to maintain the same level of profit so badly that they'd just increase the price to get around the tax? Sounds like a personal problem.

>No, but a failure to address wealth accumulation and assets can lead to stagnation in upward mobility for classes.
Idiotic.
According to your one brain cell, after thousands of generations, most of us are now rich, because most of us have at least one wealthy ancestor.
Instead, in the real world, kids and grandkids piss away the money. Always.
Look at the world around you.
Quit letting your Betters tell you what to think.

Self delusion is always nice to see here on Sup Forums

>Its cute you think still think you are their customer and not their product
Nice meme, asshat.
You are the customer of knowledge companies like Google.
Not the fucking dairy.
J.H.C.

You're right. I used to be opposed to this because I was convinced it would cause people to leave the country. I don't agree with the Bernie fags on what it should be spent though. We should just use it so the rest of us don't have to pay as much, or any, taxes. Sending to retarded minorities to be turned into indoctrinated radicals is a bad idea on so many levels

>This is the Euro view. Tax the money. Then tax it again, every single step. Squeeze those pfennigs out like blood. Never mind that it leads to 1% GDP, or -10% when you remove .gov spending.

Well like the article states the corporate tax needs a reform meaning that the government is already taxing at the wrong place to being with.

"GDP only measures economic activity, not genuine improvements in the quality of our lives. GDP also tells us nothing about sustainability. It fails to track the depletion or degradation of natural, human, built, and social capital on which all economic activity ultimately depends. It fails as well to capture the inherent unsustainability of economic activity financed by debt.

Finally, GDP fails to recognize the costs of inequality. It counts growth concentrated in the upper-most income brackets as “progress,” even if incomes and quality of life are falling for most."
wri.org/blog/2010/04/measuring-what-matters-gdp-ecosystems-and-environment

But to be perfectly honest I view the current monetary system inherently flawed and thus don't but much faith in it. It archaic and simply unable to fix many of the emerging problems related to environment, technological unemployment and class division caused by ever increasing income inequality.

>No user, being someone who has the money to loan and invest does not entitle you to pull shit like buying up half a companies stock to seize control or toss around money like boxes while you suck it out to the top.
You missed it, princess.
They do what .gov tells them to.
If Soros didn't do it, Jimbob would. SOMEONE would. Because that's the system put in place, sanctioned by, the government.
Simple enough for you?

The rest of your post is nonsense.
You don't understand a thing about the legal or economic systems.

>hoard

it is spelled whored, faggot.

Real problem is actually all you living together in own administrative or political union.
Yall' need to separate that lefty Seattle form that righty wilderness.

Fuck your stupid glory by square kilometers and map painting. You should not live to together by force

Leave commifornia to be commiefornia, leave Detroit to be Peoples City State of Detroit. Leave socialism to socialists, leave capitalism to capitalists and let them live on their own.

That is the key here.

>Please explain why the company has to maintain the same level of profit so badly that they'd just increase the price to get around the tax?
Where do you think the money to pay a new tax comes from?
The fucking tooth fairy?
Really. Tell me. Thin air? Their ass?

No, it isn't.
How are you fucks so stupid about something so basic?
I'll answer that.
None of you have a basic Economics 101 understanding of money.

Maybe before Bernays.

>We should just use it so the rest of us don't have to pay as much, or any, taxes
Yes.
Give everyone a free ride.
Except for those big ol' meanies dat STO yo moneys.

>The government put in place a hidden globalist agenda of it's own creation
>Internationalists like George Soros answer to them and are carrying out their will.
>The government which borrows huge swathes of money from families such as the Rothschilds actually controls them.
>It's the government, the one world government!

>Thinking that economics 101 is actually representative of how capitalism really works now.
Kek

>be a statist
>post that pic

>make 100 million
>go home with 9 million

The only argument they have is "The government will just waste it!", as if we aren't already funding their wasting.

It isn't about efficiency, it's about getting them to suffer too.