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Treasured Social Butterfly
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Re: Democratic socialism

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Message 211 of 280

@ChasKy53 wrote:

@rk9152 wrote:

The basic underpinning of the economic health of a nation is the economy itself.

 

No one has yet shown how increasing the taxing of economic activity helps grow that economy.


Why do you bring up "the taxing of economic activity"? Bogus of you since no one has suggested that. The earnings taxes on higher earners needs to be raised up some rk. Thirty years ago, top rates were cut completely in half and capital gains was also cut, just not quite as much. Anyone suggesting an increase in the top rates and an increase in capital gains taxes (especially short term capital gains) is not anywhere near being unreasonable and their suggestions would not effect the econmy in any negative way.


Surprised that the poster cannot follow the bouncing ball?

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Valued Social Butterfly
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Re: Democratic socialism

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Message 212 of 280

@rk9152 wrote:

The basic underpinning of the economic health of a nation is the economy itself.

 

No one has yet shown how increasing the taxing of economic activity helps grow that economy.


Why do you bring up "the taxing of economic activity"? Bogus of you since no one has suggested that. The earnings taxes on higher earners needs to be raised up some rk. Thirty years ago, top rates were cut completely in half and capital gains was also cut, just not quite as much. Anyone suggesting an increase in the top rates and an increase in capital gains taxes (especially short term capital gains) is not anywhere near being unreasonable and their suggestions would not effect the econmy in any negative way.


"The only thing man learns from history is man learns nothing from history"
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Treasured Social Butterfly
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Re: Democratic socialism

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Message 213 of 280

ts time you understand what Older posted about Not.

Older posted..."Having paid more tax in a single year than you have in your worthless lifetime".

Talk about attacking another poster!

And you have the unmitigated gall to attack Not...OMG!

 

Kidboy,
If you think that any of posts are or contain a personal attack I would urge you to simply report me.
instead of voicing your concern.

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Valued Social Butterfly
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Re: Democratic socialism

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Message 214 of 280



@KidBoy2 wrote:

And you have the unmitigated gall to attack Not...OMG!


And you have "the unmitigated gall" to attack Rker?  You reported Scout, how about if I were to report you because something like "OMG" offended me? (of course I wouldn't) 
Many seem to be getting pretty thin-skinned around here, does that come from, old age? Surely not, I'm getting older but I rarely report others. You should be glad of that.

 


"The only thing man learns from history is man learns nothing from history"
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Valued Social Butterfly
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Re: Democratic socialism

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Message 215 of 280

The basic underpinning of the economic health of a nation is the economy itself.

 

No one has yet shown how increasing the taxing of economic activity helps grow that economy.

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Re: Democratic socialism

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Message 216 of 280

Jim, what exactly is the difference between 80 million and 300 million? You're using numbers as an excuse. We're the wealthiest country in the world. We could reduce what we spend on health care if we went to a more efficient system like single payer. We could invest in our kids and ensure a competitive U.S. in the world economy if we made college tuition free at public universities--and Bernie has outlined a way to pay for it with a tax on speculation.

 

If you want to reduce the annual deficit and the national debt, then you need to cut the bloated defense budget and tax capital gains and interest at the same rate as income. Three things caused the ballooning of the debt: 1) two wars that were never paid for 2) the Bush tax cuts, which were also never paid for 3) the Great Recession. We've reduced the annual deficit during Obama's administration at the fastest rate since the 1950s, but we can do better if we have the sanity to reject additional tax breaks (which is spending) and getting ourselves mired in another war.

 

We've spent much more on wars and tax cuts than any of these proposals would cost.

 

 

 

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Re: Democratic socialism

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Message 217 of 280

@jimc91 wrote:

Cat, can you point me to a country that illustrates Bernies's version?


How many times to I have to answer this question, Jim?

 

Germany. Great Britain. France. Italy. The Netherlands. Denmark. Sweden. Norway. Austria. Belgium. Canada. Australia. New Zealand.

 

And, finally, the United States. We differ only in degree. We are all mixed economies with a social safety net existing peacefully alongside capitalism. FDR envisioned a country that followed the principles of regulated capitalism with a strong safety net.

 

Jim is one of those who will crack his head against this wall many times, but he'll always see it as communism.

 

 

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Re: Democratic socialism

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Message 218 of 280

Democratic Socialism?

 

That might exist if there were any Socialist countries on this planet. There aren’t any.

 

Keep in mind, Socialism is an "economic" ideology.

 

A country must have a Socialist “economic” system to be a Socialist country. No country has one of those anymore.

 

Note: See Wikipedia for what Socialism is. It is not about social programs.

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Re: Democratic socialism

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Message 219 of 280

jimc91 wrote:

 

Ireland just lowered the Corporate tax rate to 6.5%, where do you think many companies are going to be researching to call their new home?

 

 


Not exactly.....this doesn't replace the 12.5% corporate tax rate.

 

 

"Companies investing in research and development will be able to avail of a new 6.25 per cent corporation tax rate under a new “knowledge development box” (KDB) announced in the budget.

 

Income that qualifies for the KDB will be subject to a reduced rate of corporation tax of 6.25 per cent. Ireland’s corporation tax rate is 12.5 per cent.

 

The new Irish knowledge box, he said, is not likely in itself to “turn the dial” in relation to attracting new talent to Ireland so that companies can avail of the lower tax rate. He said Ireland’s relatively high income tax rate was an issue in this regard."

 

http://www.irishtimes.com/business/economy/new-corporation-tax-rate-of-6-25-for-r-d-1.2388977

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Re: Democratic socialism

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Message 220 of 280

@cat2015 wrote:

No, jim, I don't take issue with the Wikipedia definition, except that it emphasizes the wrong definition. There are no democratic socialists states that have ever existed that practice the form of democratic socialism that is the primary definition. However, there are many, many countries that practice the Wikipedia's secondary definition (which you resolutely ignore). This secondary definition marries capitalism with a strong social safety net.

 

There are so many large countries practicing this form of democratic socialism that I'm surprised you have to ask---Germany, Great Britain, France, Italy, etc., etc. We also have a mixed economy, so I suppose one could say that we practice democratic socialism, as described in the secondary definition.

 

 


Germany 80 million

Great Britain 64 million

France 66 million

Italy 59.8 million

 

A far cry from a country with over 300 million...

 

Bernie Sanders was talking about free health care, free college etc.  There are not enough rich people to pay for that in our 300+ million population country.  Just where is that money going to come from?  (I know, someone else)  By the time of the next election we will be $20T in debt!  Are you serious?

 

Ireland just lowered the Corporate tax rate to 6.5%, where do you think many companies are going to be researching to call their new home?

 

 

VIMTSTL
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