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 Message Boards » » Are you a liberal? Page 1 [2], Prev  
Solinari
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he disagrees, yet still acknowledges that tww arguments will not change someone's mind.

who's the troll?

4/5/2010 11:47:52 PM

eli
All American
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This guy.

4/5/2010 11:55:22 PM

FuhCtious
All American
11955 Posts
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dude, learn to read.

i said that it's not going to happen immediately, like flipping a switch, but that solid arguments can influence someone to have a shift in belief over time.

4/5/2010 11:57:47 PM

eli
All American
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^Which is true (see progressive Supreme Court rulings @ Civil Rights movement)

4/6/2010 12:00:13 AM

LoneSnark
All American
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Quote :
"^Historically, in the US, that has never been the case. Our companies thrived in the past under what we would consider exorbitant rates today."

Exactly. Large corporations thrive under high-tax environments. However, there is a difference between a highly profitable General Motors and lifestyle enhancing innovation. Upstart firms tend to be a major source of innovation, but their formation is also dampened by high tax rates, both through capital starvation (as large firms re-invest capital internally at low returns rather than returning it to investors as dividends and face taxation) and venture retardation (it takes more taxed profits to recoup the original investment).

So, yes, people respond to incentives. And taxes are a strong incentive to avoid paying them. As such, in the name of tax avoidance, corporations get larger through the misallocation of capital, which is then further misallocated through a tax-induced preference for debt (whose returns are tax deductible) over equity ownership (whose returns are taxed). Further boosting the growth of large firms, which have great debt ratings and can therefore play this tax-avoidance game.

We will never know what lifestyle enhancing goods and services never come to market because their suppliers do not survive infancy.

Again and as always, laws are not passed in America unless they are in the name of helping the rich. High tax rates are no different. High tax rates protect the investments and therefore power of the current rich by suppressing the potentially-rich, whose upstart companies were a threat. If an upstart car maker drives GM to bankruptcy, it is the American consumer who prospers thanks to innovation and low prices, while the old wealthy are left holding GM's equity and debt instruments.

4/6/2010 12:28:51 AM

moron
All American
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Quote :
"Exactly. Large corporations thrive under high-tax environments. However, there is a difference between a highly profitable General Motors and lifestyle enhancing innovation. Upstart firms tend to be a major source of innovation, but their formation is also dampened by high tax rates, both through capital starvation (as large firms re-invest capital internally at low returns rather than returning it to investors as dividends and face taxation) and venture retardation (it takes more taxed profits to recoup the original investment).
"


Except companies like Apple, Intel, and Microsoft started under these conditions.

The fact of the matter is that you're asking for action on theories that have no basis in the reality of American society.

It some bizarre, contrived theoretical world where humans are little more than robots, you may have a point. But in the real world, in a free society (which we've always had), you're never going to stifle innovation. And the best way to promote innovation is to promote the well-being of the populous in general, over a few powerful elite.

It's mind boggling that you think an economic situation near the turn of the century was somehow more conducive to new startups. It was precisely the monopolization and vertically controlled markets that spawned the progressive movement. If it wasn't for these reforms, we would have drifted MUCH closer to a fascist oligarchy.

4/6/2010 3:21:13 AM

MattJM321
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Quote :
"Win online arguments!
Enjoy battling it out on the bulletin boards? Like getting stuck into a good, pointless argument with only one aim - to win at any cost? Then this guide is for you - simply follow the 12-point guide below and success will be yours!

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4/6/2010 9:07:53 AM

LoneSnark
All American
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You cannot believe what you are saying. It seems you are saying that even at 100% rates people will not change their behavior in negative ways, which is stupid. We can argue over how dramatic an effect a 39.6% tax rate will have. We can argue over whether there are any inflection points in the effect. But to suggest "you're never going to stifle innovation" is absurd. Maybe your point is that in a free society we will never allow tax rates to get high enough to eliminate the startup and growth of new companies. It helps to look at the extreme to show the point: even a hypothetical tax rate of 100% would not prevent innovation. Remember, a large established corporation with well paid accountants would not pay a cent in taxes at tax rates of 100%. But how could a new company be started but through charity?

Yes, even at the 93% top tax rate of the 1930s and 1940s, some new companies were started (but not nearly as many as we were accustomed to). That does not disprove the assertion that taxes distort economic activity. It just proves that the tax rates at that time were not that high: yes, the top tax bracket was 93%, but only a handful of people paid that. Everyone else was taxed at far lower rates.

The companies you name were started after JFK slashed the tax rates of his predecessors.

4/6/2010 9:27:50 AM

eleusis
All American
24527 Posts
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In this thread, liberal white male douchebags bitch and complain about why they should be able to rob other white males who are more successful than them because the successful guys are racist.

Quote :
"God
All American
23468 Posts
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"


you're male, white, and middle class, yet you still managed to become a fuckup. maybe there's another piece of the puzzle that you're missing.

4/6/2010 10:55:06 PM

pack_bryan
Suspended
5357 Posts
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Welcome my sons....

Welcome... to the machine...

I can't wait till moron and these freaks get there way and the only reason i work at my job is to support the state. But then I can finally FEIGN an injury and be babysat on welfare the rest of my life like they are currently. THEN I'LL BE HAPPY FINALLY and not 'have' to go to my job!!111


I mean seriously, it's like all liberals are douchebags that really haven't tasted 1 bit of success in life so they find ways to steal it from the rest of us who found it and openly teach how to gain it for yourself. ha.

4/7/2010 8:07:44 AM

God
All American
28747 Posts
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ha ha ha ha

Please tell me how you earned your success in life.

4/7/2010 8:53:03 AM

eleusis
All American
24527 Posts
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I went to school on a minority scholarship, so you tell me.

4/7/2010 8:59:41 AM

God
All American
28747 Posts
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what are you a jew

4/7/2010 9:04:12 AM

pack_bryan
Suspended
5357 Posts
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one day maybe we'll get sick of working for our success .. and like [user]God[user] and [user]moron[user] we'll sit on the internet all day trying to spread cute ways to leech off others in the name of 'equality'

4/7/2010 3:45:33 PM

pack_bryan
Suspended
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Quote :
"Please tell me how you earned your success in life."


if there was only another way besides using a govt force to make others give up larger and larger %'s of their wealth for you to have your own.

hmmmm

4/7/2010 3:52:34 PM

Optimum
All American
13716 Posts
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Quote :
"if there was only another way besides using a govt force to make others give up larger and larger %'s of their wealth for you to have your own."


you mean like us going to Iraq to depose Saddam? that logic cuts both ways, Chester.

4/13/2010 11:11:40 AM

tmmercer
All American
2290 Posts
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^who said they supported the war?

4/13/2010 2:28:07 PM

tmmercer
All American
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http://www.marketwatch.com/story/small-businesses-dont-see-recovery-nfib-survey-2010-04-13?reflink=MW_news_stmp

4/13/2010 2:33:33 PM

Kris
All American
36908 Posts
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Just to note on the above survey, I am most likely both more liberal and successful than most people on this board. I gained my success by making insanely rich people more insanely rich, so I think it would be great for the government to help the other people.

4/13/2010 6:25:45 PM

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