What do you think of the Democrat candidates for President?

@TheOneyouwerewarnedabout Do you even know what a Communist is? 😏

@chrisCA yeah an authoritarian socialist 😇

Communism is a type of government as well as an economic system (a way of creating and sharing wealth). In a Communist system, individual people do not own land, factories, or machinery. Instead, the government or the whole community owns these things. Everyone is supposed to share the wealth that they create.

@TheOneyouwerewarnedabout That would be a no.

get a job.. forget about this Sharing other ppls shit.. ffs..

@TheOneyouwerewarnedabout Lol. Childish insults and cartoonishly poor understanding of the very words you throw around.

@Helganvisari25 in other words, we would all be slaves to the government. Sheep.

@Helganvisari25

@BobbieT You guys sound like Ronny Ray Gun blabbing about how having healthcare would lead to a soviet revolution.

other ppl sound like Bernie..

’ high taxes and redistribution will fix it.. ‘

@TheOneyouwerewarnedabout Historically speaking it works.

Even in the US. The most successful period in American history saw a top tax rate of over 90% and I don't remember people like JP Morgan or the Rockafellers having to beg in the streets.

@PicturesOfABetterTomorrow

Of course they didn't have to beg in the streets. In 1951, for example, the maximum federal income tax rate on capital gains was 25%.

@Thinkerbell As usual I noticed you completely ignored income tax. You seem to love ignoring anything that does not fit your ideology. And if your ideology held any water the US economy should be doing better then it was in 51 because it is lower. But then again you guys think tax cuts are magic.

@PicturesOfABetterTomorrow

You are talking about ordinary income, not capital gains income.

What fraction of Morgan's or Rockefeller's income came from ordinary income?

And the US economy was doing well in 1951 because major competitors of the US were busy rebuilding their shattered cities and economies.

@Thinkerbell I am talking about both. You completely ignore one part of the equation because you don't like the implication.

Pointless question because at this point nobody knows that answer.

Lol. Nice excuse. Just hand wave away anything that doesn't fit your narrative.

Then again your idol Trump thinks tax cuts and stock buy backs will even solve the corona virus.

@TheOneyouwerewarnedabout [quote]A commie and a dementia ridden career crook.. the creme of the crop 😁[/quote]
Both have somehow floated to near the top. But let's not forget, [i]turds [/i]also float to the very top.

@PicturesOfABetterTomorrow


[quote]Pointless question because at this point nobody knows that answer.[/quote]

Nonsense. Didn't Warren Buffett say not long ago that he pays income taxes at a lower rate than his secretary? Do you think Morgan and Rockefeller weren't as smart? 🤭


[quote]Lol. Nice excuse. Just hand wave away anything that doesn't fit your narrative[/quote]

Lol, nice dodge to a point for which you have no cogent answer.

As for tax cuts, arrange a seance and ask JFK why he cut the maximum tax rate from 91% to 70%.

@Thinkerbell That is ridiculous. That makes about as much sense as assuming that nothing has changed from Rockefeller to Elon Musk.

But then most of your ideology seems to be based on guessing.

It is not a dodge when you ignore irrelevant tangents.

@Thinkerbell [quote]And the US economy was doing well in 1951 because major competitors of the US were busy rebuilding their shattered cities and economies.[/quote]

Prior to 70's, The US had few competitors in any market... We'd produced the most steel consistently since the late 1800's, controlled 80% of the textile industry, etc.

idiotic trade deals and poor regulation of foreign markets is what hurt us, and continues to this day. Suddenly we're forced to compete with foreign businesses with no wage laws, no worker safety regulation, no quality assurance/product testing, etc.

Basically, they're flooding the market with substandard shit made by children in sweatshops and US industries are supposed to sit back and take it while being choked by regulation and taxes

Nafta was the last nail in the coffin of most of our textile and furniture industry; now everyone is forced to buy cheap ass ikea furniture made out of particle board/MDF (sawdust & glue) produced from illegal logging, that results of thousands of lawsuits every year because of furniture falling apart and killing toddlers playing around them...

@PicturesOfABetterTomorrow

[quote]"That is ridiculous. That makes about as much sense as assuming that nothing has changed from Rockefeller to Elon Musk."[/quote]

The only thing ridiculous is your squirming. The tax rate on capital gains is less than on ordinary income today, and it was much less in 1951, and the super wealthy used it to their advantage both then and now.

[quote]"But then most of your ideology seems to be based on guessing."[/quote]

Says the guy who guesses that a 91% marginal income tax rate causes a booming economy. It's too bad that JFK and all his successors, Democrat or Republican, didn't understand that. They should have had you for an economic advisor; things would have been sooo much better. 😂 😂 😂

[quote]"It is not a dodge when you ignore irrelevant tangents."[/quote]

But of course... everything you have no cogent answer for is an "irrelevant tangent." 🤫

@Thinkerbell Again you are making wild assumptions about the impact of that and you even got your facts on the capital gains wrong so I would not take any assumptions you make seriously.

You have literally no facts.

As for the tax rate being largely responsible for the economic boom I guess all of mainstream economics should just defer to you because apparently you know better.

And the politicians have been largely bought off for decades so whether their decisions benefited the country is largely irrelevant.


And no. An irrelevant tangent is by definition irrelevant. Sorry you don't like that.

@PicturesOfABetterTomorrow

[quote]"You have literally no facts."[/quote]

Wrong. It is you who is clueless about facts, or deliberately telling untruths. You are a quintessential lefty who accuses others of what he does himself.

[quote]"As for the tax rate being largely responsible for the economic boom I guess all of mainstream economics should just defer to you because apparently you know better."[/quote]

And no doubt the unnamed "mainstream economists" all retired when JFK became president, never to appear again, except for a certain member of SW, of course. 🤭 😁 😂

[quote]"And the politicians have been largely bought off for decades so whether their decisions benefited the country is largely irrelevant."[/quote]

Oh, of course... they were largely bought off. We'll just have to wait for an incorruptible leader such as you to take office. What a pity you aren't eligible. 😂 😂 😂


[quote]"And no. An irrelevant tangent is by definition irrelevant. Sorry you don't like that."[/quote]

No doubt. But to be in fact irrelevant requires more than your empty proclamation thereof. 🤭

[i]There once was a lad of the Left,
Whose intellect sadly lacked heft.
Much prone to profusion
Of guff and delusion,
He always of sense was bereft.[/i]

@Thinkerbell Okay. Guesstimations based on assumptions and then extrapolating across decades has no facts anywhere.

Again I guess the entire field of economics can just retire because you apparently know better.

And again you completely lost the plot. When it comes to economics I know this is a radical ideal to you but trusting economists ie people who actually specialize in the field is more valid then corrupt politicians and talking heads on right wing media.

And just because you want it to be does not magically make something relevant.

@PicturesOfABetterTomorrow
[quote]
"When it comes to economics I know this is a radical ideal to you but trusting economists ie people who actually specialize in the field is more valid then corrupt politicians and talking heads on right wing media."[/quote]

Which is precisely what JFK and his successors did, only perhaps not the kind of economists [i]you[/i] would favor. 😏

[i]There once was a lefty (oh hell, no),
Whose every pronouncement would smell so.
Like any poor pinko,
His blath'ring was stinko;
He knew not his a*s from his elbow.[/i]  🤫

@Thinkerbell Conveniently you jump a decade later.