Ghost of a Rider
Gold Member
Why not, wealth does.
Opinion | The Federal Reserve Has an $8 Trillion Secret
I ask this over and over. Who exactly worked for this?
Apparently no one. But then, it’s irrelevant to this discussion because we’re talking about taxing the rich and capitalism as an economic system.
Simply trillions and trillions of dollars pumped into the markets that NO ONE didn't any work for.
And? Again, we’re talking about taxing the rich. I’m not in favor of the wealthy getting bailouts and whatnot but neither do I think they should be taxed at a higher rate just for being rich.
Your complaint is exactly what happened with the markets. They screwed up and weren't making money so the Federal Reserve (government) saw to it that the money was there for them.
So? The government giving special concessions to corporations and taxing the rich simply for making more money are two different things.
You seem to want to punish the rich for being rich because a few of the rich take advantage of government concessions.
The government granting privileges to the rich is a flaw in the government’s manner of treating the rich, not the fault of the rich.
Maybe some day a country will actually practice this great system. That NO country actually practices this system doesn't seem to register with you.
So no one’s practicing capitalism but you want to do away with capitalism?
Tell me, where in Capitalism do we find the idea of the government taking money from taxpayers to bail out business concerns?
Nowhere.
Are you under the impression that I support these things?
People succeeding is a theory?"Succeed". My ass. You deal in theories, not reality.