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Thread: Finally, Some Good News for Mitt

  1. #181
    Hauldren Collider
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    Quote Originally Posted by Jon Miller View Post
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    No, but people who make their wealth due to the largess of government (Which is all rich people) should pay more than the the poor people who do not make such wealth.
    What, what?
    If there is no sound in space, how come you can hear the lasers?
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  2. #182
    MrFun
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    Quote Originally Posted by gribbler View Post
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    So you're suggesting Mitt Romney was some hard working laborer who set aside his wages and reaped a return in doing so, therefore taxing his capital gains the way wages are taxed would be unfair?
    I'm still waiting for someone to respond to this.
    A lot of Republicans are not racist, but a lot of racists are Republican.

  3. #183
    Kuciwalker
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    Quote Originally Posted by Jon Miller View Post
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    If the capital contributes a lot more than the worker, than why shouldn't the capital be taxed far more than the worker?
    The capital WAS taxed far more than the labor. The labor's value was << the total value produced, and presumably was also taxed at 10% (so it paid ~0 taxes). 10% of the capital was also taken by the government in taxes - 10/100 of the car replicators were appropriated.

    When you start taxing the capital income, then an EVEN LARGER PROPORTION of the capital is appropriated - 19/100 - versus the same 10% of the worker's labor.

  4. #184
    Kuciwalker
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    Quote Originally Posted by Jon Miller View Post
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    Asking the poor to pay to subsidize the wealthy seems grossly unfair.
    The poor don't subsidize the wealthy. The poor receive massive net transfers of wealth from government redistribution.

  5. #185
    MrFun
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    The video explains how tax payers subsidize the wealthy per example of Romney.
    A lot of Republicans are not racist, but a lot of racists are Republican.

  6. #186
    The Mad Monk
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    Quote Originally Posted by The Mad Monk View Post
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    Did you notice how often "inherit" came up in that list? Including Washington and Jefferson?
    I'm still waiting for you to respond to this.
    "We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.

  7. #187
    MrFun
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    I have no problem with inheritance; that's a legitimate form of acquisition of wealth.

    But when investors use tax payers' money to take risks with chance of making profit, rather than using their own money, that's not earning your own wealth.
    A lot of Republicans are not racist, but a lot of racists are Republican.

  8. #188
    MrFun
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    Oh, and here's more good news for Mitt Romney.
    A lot of Republicans are not racist, but a lot of racists are Republican.

  9. #189
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    That donor was an idiot if he thought that Mitt Romney would ever support gay marriage. Mitt Romney's position has not changed at all on that issue.
    If there is no sound in space, how come you can hear the lasers?
    :(){ :|:& };:

  10. #190
    The Mad Monk
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    Quote Originally Posted by MrFun View Post
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    I have no problem with inheritance; that's a legitimate form of acquisition of wealth.

    But when investors use tax payers' money to take risks with chance of making profit, rather than using their own money, that's not earning your own wealth.
    ...so you don't believe in mutual funds then? Having people that know more than you investing your money for you?
    "We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.

  11. #191
    kentonio
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    Quote Originally Posted by The Mad Monk View Post
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    ...so you don't believe in mutual funds then? Having people that know more than you investing your money for you?
    Is that earning your own wealth?

  12. #192
    The Mad Monk
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    Are the people running the funds earning their own wealth?
    "We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.

  13. #193
    kentonio
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    Quote Originally Posted by The Mad Monk View Post
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    Are the people running the funds earning their own wealth?
    If they're investing money and using their knowledge to make a profit then sure.

  14. #194
    The Mad Monk
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    That is where bonuses come in.
    "We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.

  15. #195
    kentonio
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    Quote Originally Posted by The Mad Monk View Post
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    That is where bonuses come in.
    As long as they're paying large taxes on those bonuses and earnings (and not destroying the worlds financial system in the process), good for them.

  16. #196
    The Mad Monk
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    ...and if their own money is in the fund?
    "We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.

  17. #197
    kentonio
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    Quote Originally Posted by The Mad Monk View Post
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    ...and if their own money is in the fund?
    So what? They're being taxed on profit made, why should it matter?

  18. #198
    The Mad Monk
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    Risk is why it matters.
    "We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.

  19. #199
    kentonio
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    Quote Originally Posted by The Mad Monk View Post
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    Risk is why it matters.
    Explain please? They are choosing to try and gain profit by using their own money. If they had the skill but didn't want to take the risk, they could use other peoples money but the rewards would not be as great. Why should it be treated differently?

  20. #200
    MrFun
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    Quote Originally Posted by The Mad Monk View Post
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    ...so you don't believe in mutual funds then? Having people that know more than you investing your money for you?
    Is that what the video I posted is about? Mutual funds?
    A lot of Republicans are not racist, but a lot of racists are Republican.

  21. #201
    The Mad Monk
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    Quote Originally Posted by kentonio View Post
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    Explain please? They are choosing to try and gain profit by using their own money. If they had the skill but didn't want to take the risk, they could use other peoples money but the rewards would not be as great. Why should it be treated differently?
    You're assuming they're using other people's money in lieu of their own. I'm saying they use others' money in addition to their own. See the difference?
    "We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.

  22. #202
    The Mad Monk
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    Quote Originally Posted by MrFun View Post
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    Is that what the video I posted is about? Mutual funds?
    Your video is weak sauce.
    "We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.

  23. #203
    MrFun
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    A lot of Republicans are not racist, but a lot of racists are Republican.

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