This is why we need to tax the wealthy

Imposing taxes has everythging to do with running a country and society, controlling inflation, and maintaining the value of the dollar, which is crucial for capitalism's existence. Under our current fiat, sovereign currency no longer based upon the amount of gold reserves the nation has, the US federal budget is constrained by our nation's GDP or production capacity. So unlike under the gold standard our federal government doesn't rely on taxes to fund itself as it did before, although taxes still serve an important function, by taking money out of the economy, maintaining the value of the currency, and controlling inflation.

Taxes are integral to a modern, market capitalist economy, without them capitalism collapses. The wealthy must pay their fair share in taxes, just like working-class people pay their taxes as well. We all pay taxes.
Wrong

taxes are 8unnecessary and simply theft which the con0oomy does not need

There is no such thing as a fair share as faire is strictly a subjective concept

We are alll forced to pay taxes and we all evade them as much as possible
 
The USSR got rid of all of its wealthy and capitalists, so you're barking up the wrong tree. Making the wealthy pay their fair share of taxes doesn't equate to communism. Even if a country with a market capitalist economy legally prohibits anyone from having more than a billion dollars in assets and an anual net income of 12 million dollars, that wouldn't be communism or socialism either. If you can't live or aren't satisfied with a net income of a million dollars monthly, you should go see a psychiatrist.
It is not communsim but it is theft and unnecessary.

You are not intelligent enough to decide how much others should make or own
 
These pro-capitalist zombie drones believe all of the Cold War propaganda that was fed them through the media and Hollywood. The USSR was the second-largest economy in the world. It was in a state of war since its birth in 1917. It was invaded by the United States, Britain, France, and 10 other countries immediately after WW1, in 1918. The socialist Red Army had to fight over a quarter million enemy combatants of the "White Army" (i.e. pro-capitalist/tsarist forces) and over 200K foreign invaders from 12 countries. By 1939, thanks to Stalin's five-year economic plans (a series of centrally planned development projects), Soviet Russia had become an industrial juggernaut, rivaling the United States. Its agriculture was more mechanized and modern than in the US and Western Europe.

The Soviets turned an under-industrialized, agrarian society with a 60% illiteracy rate into a nation that was literate, well-educated, and growing leaps and bounds economically, technologically, socially..etc. It was then invaded in 1941 by four million Nazi Germans, in Operation Barbarossa. Seven out of every ten Germans were fighting in Soviet Russia resulting in the death of approximately 28 million Soviets, of which 19 million were civilians. The Soviet Union won the war, but lost 14% of its population, with much of its national infrastructure destroyed. Soviet Russia was in ruins after WW2, unlike the US which lost 460 thousand of its citizens and came out of the war unscathed, thanks to being surrounded by two vast oceans (Atlantic & Pacific).

Despite the losses of the USSR in WW2, under Stalin's leadership and plenty of socialism, it became a nuclear superpower, in less than twelve years after the devastation of the Nazi invasion. They were launching satellites and cosmonauts into space, before the United States. Unlike Western Europe and Japan the USSR didn't have Uncle Sam's assistance ("The Marshal Plan"), after WW2, it had to pick itself up by its bootstraps and rebuild on its own.

A few years after the death of Stalin in the late 1950s, certain elements within the Soviet government, due to the Cold War, and ideological differences with Stalin's strict socialism, decided to placate and pander to Western powers, in an attempt to improve relations and maybe end the Cold War. They began to move towards reforming the Soviet political and economic system, making it more palatable to the United States and its allies. That's what eventually led to its demise in the early 1990s.

It took several decades for the anti-Stalin revisionists to have their way, and by the mid-1980s, they were able to fully apply "Perestroika" and "Glasnost" reforms, which led to massive shortages, breadlines, and the collapse of the Soviet economy. The US and Saudi Arabia also engineered a drop in oil prices, which hurt the USSR. The USSR essentially committed suicide, it dissolved itself. If the Soviets had remained Stalinists, they would by now be colonizing space and mining the asteroid belts. Soviet production would be fully automated and computerized, with artificial intelligence and every other technology available to make manufacturing as efficient as possible. The standard of living in Russia would be higher than in the US.



In the above "age-restricted video", we get a glimpse of life in the Soviet Union in the early 1980s. Imagine the USSR today with all of the technology we have available when it comes to the automation of production, intelligent robotics, artificial intelligence, powerful computers..etc. Soviet citizens would now in 2023 have a much higher standard of living than Russians have today under market capitalism. They would be extremely advanced.







What we see in Russia, except the younger generation highly influenced by Western media and values, is that most Russians who lived in the USSR, miss it. They know the situation today isn't necessarily better than how it was back then, even in the 1980s, at the height of "Perestroika" reforms, and all of the problems it created. These people miss the USSR. Americans have a completely skewed idea of Soviet Russia and its economic system, because the American wealthy elites did everything possible to demonize it in the eyes of their employees. The American working-class was fed a regular diet of anti-Soviet propaganda (i.e. bullshit). Most of what we heard about the USSR through our Western media and Hollywood, was an exaggeration, if not false.

Yoiu are brainwashed with marxist propoganda which is a fairy tale
The successes of the USSR were a sham

They simply enslaved a nation and generated fake numbers to gibve the illusion of success.
 
Billy000 wants to tax wealth, but can’t say how much he wants to tax it.

Anyone else get the feeling he is just regurgitating Dimwinger talking points and is incapable of thinking for himself?
 
It is entertaining to read ideas from people who think the goobermint can out-smart Billionaires. Because people who use their wits to survive have always been out-smarted by those too stupid to get a job in the Private Sector.
:auiqs.jpg:
Billionaires go to work everyday?
I wonder what kind of lunch box they carry their twinkies in. :icon_rolleyes:
 
“Academics” = People who have never had a job in the real world.

Like Joe Biden.

1. Welfare back to the states. Cut $1.3T (the states can distinguish between the lazy and the truly needy)

2. Medicaid back to the states. (charity begins at home)

3. Education department back to the states (not a Federal responsibility under the Constitution, I remember when it was created in 1980)

Those items create a small surplus.

4. Add two new taxes: remittance tax, financial transaction tax.

5. Remove the Capital Gains tax break,

6. Fix SS & Medicare (remove the cap on SS)

Then we start paying down the $34T DEBT.

I don't love it, but it's a start.

We need to tax the living snot out of the rich.

A lot people go picking on the USSR but they have no clue about all the advantages the USSR had over the United States.

"The USSR has a multitude of achievements

USSR had a more nutritious diet than the US, according to the CIA. Calories consumed surpassed the US.

Ended famines.

Productive forces were not organized for capital gain and private enrichment; public ownership of the means of production supplanted private ownership. It was illegal to hire others and accumulate personal wealth from their labor.

Had the 2nd fastest growing economy of the 20th century after Japan. The USSR started out at the same level of economic development and population as Brazil in 1920, which makes comparisons to the US, an already industrialized country by the 1920s, even more spectacular.

Free Universal Health care, and most doctors per capita in the world. 42 doctors per 10k population, vs 24 in Denmark and Sweden, 19 in US.

Had near zero unemployment, continuous economic growth for 70 straight years. The "continuous" part should make sense – the USSR was a planned, non-market economy, so market crashes á la capitalism were pretty much impossible.

USSR moved from 58.5-hour workweeks to 41.6 hour workweeks (-0.36 h/yr) between 1913 and 1960 USSR averaged 22 days of paid leave in 1986 while USA averaged 7.6 in 1996.,

In 1987, people in the USSR could retire with pension at 55 (female) and 60 (male) while receiving 50% of their wages at a at minimum. Meanwhile, in USA the average retirement age was 62-67.

All education, including university level, free.

99% literacy

Saved the world from Fascism, Taking on the majority of Nazi divisions, and killing 90% of Nazi soldiers. Bore the enormous cost of blood and pain in WW2 (25M dead), with the bloodiest battles in the history of warfare.. An estimated 70% of Soviet housing was destroyed by Nazi invasion. Nazis were in retreat after the battle of Stalingrad in 1942, a full 2 years before the US landed troops in normandy.

Doubled life expectancy. Eliminated poverty.

Combatted (systemic) sex inequality.

Ended (systemic) Racial inequality.

Feudalism to space travel in 40 years. First satellite, rocket, space walk, woman, man, animal, space station, moon and mars probes.

Soviet power production per capita in 1990 was more than the EU, Great Britain, or China's in 2014.

Eliminated homelessness

And the list goes on and on

The fall of the USSR also led to the greatest drop in life expectancy ever, millions dead and millions more homeless, etc"

--source


You cannot believe this. It is physically impossible.

I feel ya…but, as far as I know, the only way you didn’t get a stimulus check, is if you owed back taxes…

Or were above a certain amount of income.
 

TRILLIONS in untaxed wealth. Good luck explaining this to republicans I guess. You have to explain the difference between the official tax rate and the EFFECTIVE tax rate of top earners.
I doubt you believe a word of what you say. Biden is doing far worse to a whole continent and not a peep out of you


Biden’s energy plan means lights out for Africa​

 
Yoiu are brainwashed with marxist propoganda which is a fairy tale
The successes of the USSR were a sham

They simply enslaved a nation and generated fake numbers to gibve the illusion of success.
All of the "numbers" were verified and acknowledged by the UN and even the US government. If you want to throw away the facts and pretend the Soviet Union, the nation that fought four million Nazis on its soil and beat them, then rebuilt its infrastructure, without the Marshal Plan or any other assistance from the US, didn't accomplish anything, go right ahead. Delude yourself.

The Nazis were also socialists, although non-Marxists, and they turned Germany into an economic powerhouse with the most advanced and powerful military in the world. If Hitler had allied himself with Stalin, we would all be speaking German and Russian now. Thanks to the USSR, the US and Britain were able to beat the Third Reich on the Western Front, otherwise, the Allies would've been clobbered. The Soviets were a key component in the Allied victory against Nazi Germany.
 
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Wrong

taxes are 8unnecessary and simply theft which the con0oomy does not need

There is no such thing as a fair share as faire is strictly a subjective concept

We are alll forced to pay taxes and we all evade them as much as possible
We're not all "forced" to pay taxes, I willingly pay my taxes to maintain our national infrastructure and preserve our economy. Taxes under a sovereign fiat currency are primarily to draw money out of the economy to avoid inflation and maintain its value. Our federal government doesn't need you or I to provide it with dollars, because it's the exclusive issuer of the USD (The USD is also the reserve currency of the world).

However, for a capitalist market economy to function, there has to be a medium of exchange, and in our country that's the USD. There also has to be a national infrastructure, to facilitate and support commerce and all of the nation's productive forces (i.e. Labor). Our federal government has every right to impose taxes and if you refuse to meet your obligations in this respect, you will pay the piper.

Miscreant tax evaders are forced to pay under threat of prosecution. Play stupid games, win stupid prizes.
 
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We're not all "forced" to pay taxes, I willingly pay my taxes to maintain our national infrastructure and preserve our economy. Taxes under a sovereign fiat currency are primarily to draw money out of the economy to avoid inflation and maintain its value. Our federal government doesn't need you or I to provide it with dollars, because it's the exclusive issuer of the USD (The USD is also the reserve currency of the world).

However, for a capitalist market economy to function, there has to be a medium of exchange, and in our country that's the USD. There also has to be a national infrastructure, to facilitate and support commerce and all of the nation's productive forces (i.e. Labor). Our federal government has every right to impose taxes and if you refuse to meet your obligations in this respect, you will pay the piper.

Miscreant tax evaders are forced to pay under threat of prosecution. Play stupid games, win stupid prizes.
Is there a point where taxes become confiscatory?
 
Is there a point where taxes become confiscatory?
In a market-capitalist economy or any economy that uses markets and money as a medium of exchange, there are going to be taxes. How much is too much? That depends on what the government does for its citizens as far as providing protection, through its military, law enforcement services, fire department, courts, public schools and libraries, education, universal healthcare, roads, bridges, and a host of other "public goods" (municipal or government-run utilities and public transit, water, gas, sanitation, telecom..etc at low prices). If the people of that country are satisfied with their government's performance then they'll be willing to pay their taxes, even taxes considered a bit high.

In the US we pay taxes to the federal government and sometimes, depending on which state we live in, we pay state taxes and even local, city, or county taxes (property taxes, even local income taxes as well), plus a sales tax for most products and services. We're being taxed to the hilt but our government doesn't deliver much as far as public goods. Here's an interesting video comparing how much money Americans spend in taxes for basic services that generally other modern industrialized nations provide their citizens free of charge at the point of service. We think we're paying less than people living in Scandinavia and the UK, but we unfortunately actually spend more than Swedes, Norwegians, and Brits:






Mixed economies (Capitalist market economies with some socialism), provide the highest standard of living to their citizens. Too much capitalism and you end up in an oligarchal plutocracy, where the wealthy rule and purchase government policy to serve their vested interests at the expense of the working class (i.e. Those who need to sell their labor power for a wage to a capitalist to live). Unfortunately, that's the system we're living under now. Oligarchal plutocracy, and due to advanced automation and artificial intelligence, we're heading to techno-feudalism. We need to wake up as a nation and take the reins of our government and economy.
 
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Billy000 wants to tax wealth, but can’t say how much he wants to tax it.

Anyone else get the feeling he is just regurgitating Dimwinger talking points and is incapable of thinking for himself?
JxiaYkyAlbER0_47lJ44L3YPLt3gaXz5Mxkz7AC2i-k.jpg

from year 1999
 
These pro-capitalist zombie drones believe all of the Cold War propaganda that was fed them through the media and Hollywood. The USSR was the second-largest economy in the world. It was in a state of war since its birth in 1917. It was invaded by the United States, Britain, France, and 10 other countries immediately after WW1, in 1918. The socialist Red Army had to fight over a quarter million enemy combatants of the "White Army" (i.e. pro-capitalist/tsarist forces) and over 200K foreign invaders from 12 countries. By 1939, thanks to Stalin's five-year economic plans (a series of centrally planned development projects), Soviet Russia had become an industrial juggernaut, rivaling the United States. Its agriculture was more mechanized and modern than in the US and Western Europe.

The Soviets turned an under-industrialized, agrarian society with a 60% illiteracy rate into a nation that was literate, well-educated, and growing leaps and bounds economically, technologically, socially..etc. It was then invaded in 1941 by four million Nazi Germans, in Operation Barbarossa. Seven out of every ten Germans were fighting in Soviet Russia resulting in the death of approximately 28 million Soviets, of which 19 million were civilians. The Soviet Union won the war, but lost 14% of its population, with much of its national infrastructure destroyed. Soviet Russia was in ruins after WW2, unlike the US which lost 460 thousand of its citizens and came out of the war unscathed, thanks to being surrounded by two vast oceans (Atlantic & Pacific).

Despite the losses of the USSR in WW2, under Stalin's leadership and plenty of socialism, it became a nuclear superpower, in less than twelve years after the devastation of the Nazi invasion. They were launching satellites and cosmonauts into space, before the United States. Unlike Western Europe and Japan the USSR didn't have Uncle Sam's assistance ("The Marshal Plan"), after WW2, it had to pick itself up by its bootstraps and rebuild on its own.

A few years after the death of Stalin in the late 1950s, certain elements within the Soviet government, due to the Cold War, and ideological differences with Stalin's strict socialism, decided to placate and pander to Western powers, in an attempt to improve relations and maybe end the Cold War. They began to move towards reforming the Soviet political and economic system, making it more palatable to the United States and its allies. That's what eventually led to its demise in the early 1990s.

It took several decades for the anti-Stalin revisionists to have their way, and by the mid-1980s, they were able to fully apply "Perestroika" and "Glasnost" reforms, which led to massive shortages, breadlines, and the collapse of the Soviet economy. The US and Saudi Arabia also engineered a drop in oil prices, which hurt the USSR. The USSR essentially committed suicide, it dissolved itself. If the Soviets had remained Stalinists, they would by now be colonizing space and mining the asteroid belts. Soviet production would be fully automated and computerized, with artificial intelligence and every other technology available to make manufacturing as efficient as possible. The standard of living in Russia would be higher than in the US.



In the above "age-restricted video", we get a glimpse of life in the Soviet Union in the early 1980s. Imagine the USSR today with all of the technology we have available when it comes to the automation of production, intelligent robotics, artificial intelligence, powerful computers..etc. Soviet citizens would now in 2023 have a much higher standard of living than Russians have today under market capitalism. They would be extremely advanced.







What we see in Russia, except the younger generation highly influenced by Western media and values, is that most Russians who lived in the USSR, miss it. They know the situation today isn't necessarily better than how it was back then, even in the 1980s, at the height of "Perestroika" reforms, and all of the problems it created. These people miss the USSR. Americans have a completely skewed idea of Soviet Russia and its economic system, because the American wealthy elites did everything possible to demonize it in the eyes of their employees. The American working-class was fed a regular diet of anti-Soviet propaganda (i.e. bullshit). Most of what we heard about the USSR through our Western media and Hollywood, was an exaggeration, if not false.

I'm amused by your rosy depiction of Joseph Stalin. One of the more myopic posts I've seen in quite some time. You talk about how people have been fed a diet of anti-Soviet propaganda? I'm curious...what would make such a "workers paradise" have to put up walls to keep it's people from escaping to the West? Duh? Use your head...it would appear that it's been filled with pro communist propaganda!
 
Hey Billy000 where did you run off to?

You are nowhere to be found in your own failed thread.

Tell us how much you think the wealth should be taxed. Give us a rate, coward. :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg:
 
All of the "numbers" were verified and acknowledged by the UN and even the US government. If you want to throw away the facts and pretend the Soviet Union, the nation that fought four million Nazis on its soil and beat them, then rebuilt its infrastructure, without the Marshal Plan or any other assistance from the US, didn't accomplish anything, go right ahead. Delude yourself.

The Nazis were also socialists, although non-Marxists, and they turned Germany into an economic powerhouse with the most advanced and powerful military in the world. If Hitler had allied himself with Stalin, we would all be speaking German and Russian now. Thanks to the USSR, the US and Britain were able to beat the Third Reich on the Western Front, otherwise, the Allies would've been clobbered. The Soviets were a key component in the Allied victory against Nazi Germany.
WRONG

No they were not verified by either the Un or US

Youare a liar

I am stating facts you are stating ignorant fiction

The USSR defeat of NAZI Germany was the devil defeating satan
 
We're not all "forced" to pay taxes, I willingly pay my taxes to maintain our national infrastructure and preserve our economy. Taxes under a sovereign fiat currency are primarily to draw money out of the economy to avoid inflation and maintain its value. Our federal government doesn't need you or I to provide it with dollars, because it's the exclusive issuer of the USD (The USD is also the reserve currency of the world).

However, for a capitalist market economy to function, there has to be a medium of exchange, and in our country that's the USD. There also has to be a national infrastructure, to facilitate and support commerce and all of the nation's productive forces (i.e. Labor). Our federal government has every right to impose taxes and if you refuse to meet your obligations in this respect, you will pay the piper.

Miscreant tax evaders are forced to pay under threat of prosecution. Play stupid games, win stupid prizes.
WRONG

We are forced to pay taxes which are never for any reason except to enrich government.

They do not help with or affect inflation.

Tax evaders are not miscreants they are virtuous people and there are tens of millions of them
 

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