Remembering TCPaul, 2016-2019

Tax The Rich.

I want someone to provide one clear example when the rich ha wearyattorney04/15/19
What's your point? superttthero04/15/19
Poor troll weary. Rockefeller made his money when there were midlaw04/15/19
Very poor trolling. If the tax rate applies to the wealthy, wearyattorney04/15/19
"by people of merit like Musk, etc." God, you're dumb. midlaw04/15/19
The real problem is that these families essentially stifle c bangbus04/15/19
You are right on the competitive markets part. That’s why wearyattorney04/15/19
You’ve received tons of examples straight out of the moder midlaw04/15/19
If the tax was real post WWII, Paul Getty wouldn’t have be wearyattorney04/15/19
Sweden and finland are not part of nato and have made huge i taxamnesty04/15/19
Because they are not part of NATO, we don’t subsidize thei wearyattorney04/15/19
What did taxamnesty's 5 fingers say to wearyattorney's face? bangbus04/15/19
I don't know what high rates do but I can see with my own ey taxamnesty04/15/19
Slapping you around on this board has become an art form for wearyattorney04/15/19
Yeah, sure champ. midlaw04/15/19
God I love america. Weary attorney, you are braver than e bangbus04/15/19
Agreed. wearyattorney04/15/19
Let me tell you how it will be There's one for you, ninetee flawed04/15/19
Bangbus admin hasn’t banned you yet for making threats aga eagleton04/15/19
I dont threaten people. I make fun of them. Your back ac bangbus04/15/19
[Verse 1: Ford] Some people say a man is made out of mud A cocksman04/15/19
We should be paying them more money actually! taxamnesty04/15/19
111 superttthero04/15/19
And let’s look at the primary event that resulted in the e wearyattorney04/15/19
Again, you make no point. So we shouldn't tax the rich at superttthero04/15/19
His MO is to point out legit issue then suggested a solution taxamnesty04/15/19
We should try that before we try taxing the rich. The rich s gladigotaphdinstead04/15/19
They will move else where bro! Look at Venezuela... It ain't taxamnesty04/15/19
They won’t move anywhere else because they know their mone wearyattorney04/15/19
We shouldn’t increase the labor supply to absurd proportio wearyattorney04/15/19
There are a lot of rich people who get cancer every year. gazoo04/15/19
I'll trade places with them. Will they with me if the burden superttthero04/15/19
Haha! gazoo04/15/19



wearyattorney (Apr 15, 2019 - 11:09 am)

I want someone to provide one clear example when the rich have ever been successfully (really) taxed in any Western Society absent a total revolution.

Fake 90 percent tax rates that the really rich did not pay by putting their money in foundations and trusts do not count. (Rockefeller great great grand daughters are buying multimillion dollar apartments to this day, ie they were never taxed even when the rates were high).

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superttthero (Apr 15, 2019 - 11:11 am)

What's your point?

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midlaw (Apr 15, 2019 - 11:13 am)

Poor troll weary. Rockefeller made his money when there were no income/wealth taxes and no antitrust laws.

Name me a great intergenerational fortune generated primarily between 1948 and 1960 in the US?

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wearyattorney (Apr 15, 2019 - 12:35 pm)

Very poor trolling. If the tax rate applies to the wealthy, it would have applied to the myriad of Rockefeller heirs that existed at that time.

Are you saying that they were able to live in a lap of luxury and avoid the tax somehow? How did they pay for servants, yachts, vacations, luxury items, etc if they were taxed on their income (which they need to do these things) at 90 percent?

They were tax exempt.

And your question reveals the true motivation behind leftist policies: prevent fortunes from developing, which are usually made by people of merit like Musk, etc. This keeps the idle rich in place, as their wealth is tax exempt and anyone attempting to compete against them is crushed.

But to answer your question: Paul Getty, and he put his money in trusts and paid no taxes (he’s famous for his legal tax avoidance). And he lived in a manner like emperors of Rome could dream of.

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midlaw (Apr 15, 2019 - 12:49 pm)

"by people of merit like Musk, etc."

God, you're dumb.

JP Getty made his early money in the 20s and 30s.

And, of course, one of the goals of high taxes is to prevent the establishment of great and market-distorting intergenerational fortunes.

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bangbus (Apr 15, 2019 - 12:52 pm)

The real problem is that these families essentially stifle competitive markets to preserve their position.

It is truly a mind bending contradiction.

It's amazing how wearyattorney can claim to be a proponent of free market capitalism, but supports the idea of letting the rich kill competitive forces.

Truly amazing, but God bless him.

Thank you for your continued support uncle rukkus.

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wearyattorney (Apr 15, 2019 - 2:24 pm)

You are right on the competitive markets part. That’s why antitrust, antifraud, banking regulations, etc. helped a bit to curb them down. Nothing helped as much as the labor shortage that resulted after WWII. That’s when they felt the most pain.

Taxes never worked. I asked for an example to the contrary and I all I received in return was responses from whiny marxists, trolls, and children.

Waaaahhhhhhhhh! Tax the rich! Waghhhhhhhhh! Tax the rich! Yeah, let me see the example when it was done. “Weary is stupid huuuuuuuhhhhhh, shucks!!! Durrrr!!!!”

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midlaw (Apr 15, 2019 - 2:42 pm)

You’ve received tons of examples straight out of the modern world. All of the high-tax Nordic countries have wealthier proles, less inequality, and fewer massively rich (but they still have some!). Same as the US post wwii. You just ignore the counterevidence and keep babbling incoherently.

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wearyattorney (Apr 15, 2019 - 3:32 pm)

If the tax was real post WWII, Paul Getty wouldn’t have become a billionaire after1953. Slap!

As for the Scandinavian countries, I guarantee the old aristocracy has all the money (which is tax exempt) in those countries and the proles pay all the taxes. The money is probably managed better there, and so proles get better services, but proles they remain.

We (and a few other countries) also do the innovation for them. We also subsidize their defense. I can go through all of it, but hating the rich and envy is a powerful emotion, it engulfs reason.

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taxamnesty (Apr 15, 2019 - 3:39 pm)

Sweden and finland are not part of nato and have made huge investments into R&D with results to show for it.

Stop talking out of your butt please. You don't have the breadth of knowledge to discuss this topic like an educated person. The moment you stop spitting out platitudes to promote your crappy idealogy, you sound like an idiot that can't muster up a straight fact.

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wearyattorney (Apr 15, 2019 - 5:01 pm)

Because they are not part of NATO, we don’t subsidize their defense, got it.

Sweden participates in ISAF, which is under the command of NATO.

Here’s Sweden’s richest family (has had wealth for over 160 years despite those mighty high tax rates). They are responsible for hiring approximately 25 percent of Sweden’s industrial work force (it was much higher).

They own 20 percent of all Swedish national stock.

https://www.zerohedge.com/news/2018-10-18/swedens-most-powerful-family-braces-next-global-crisis

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2018-10-17/wallenberg-family-s-investor-ab-prepares-for-global-downturn

You know what the high tax rates do? If you are Elon Musk, and you work in Sweden, individuals like this take all of your good ideas because no matter how much you work your ass off, you and not they will be paying the taxes. So you say screw it, you punch out at 5 everyday and everyone you grew up with doesn’t feel bad that you made it and they didn’t. This provides a measure of contentment for society. It doesn’t mean the (really) rich are paying anything.

Keep pumping that Marxist garbage, 100 million dead was just a mistake, at 200 million im sure human nature will change.

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bangbus (Apr 15, 2019 - 5:04 pm)

What did taxamnesty's 5 fingers say to wearyattorney's face?



SLLLLLLAAAAPPPPP!

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taxamnesty (Apr 15, 2019 - 5:09 pm)

I don't know what high rates do but I can see with my own eyes what the current tax policy does. Specifically, the discriminatory treatment of wages vis a vis capital gains and dividends.

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wearyattorney (Apr 15, 2019 - 2:21 pm)

Slapping you around on this board has become an art form for me...

https://www.google.com/amp/s/amp.usatoday.com/amp/70763134


“However, the investment that raised J. Paul to billionaire status was a 60-year concession for access to a tract of land between Saudi Arabia and Kuwait known as the Neutral Zone.

The concession cost $30 million, but it paid off when J. Paul struck oil in the area in 1953 and produced more than 16 million barrels of oil a year from the land, according to the Times.”

He made the big bucks after the 40s and after WWII when he made a bunch of deals with the Saudis. (Specifically, 1953 and after).

Was he rich before then? Absolutely. He had a very nice inheritance too. He became master of the universe rich after WWII.

Keep trying to get em midlaw. I’m sure the people that get elected to Washington who want to be them will tax them (as opposed to exempt them in exchange for bribes).

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midlaw (Apr 15, 2019 - 3:00 pm)

Yeah, sure champ.

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bangbus (Apr 15, 2019 - 11:17 am)

God I love america.

Weary attorney, you are braver than eagleton.

You deserve the model of honor son.

If only more people thought and acted like you, we would be colonizing the galaxy by now

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wearyattorney (Apr 15, 2019 - 12:36 pm)

Agreed.

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flawed (Apr 15, 2019 - 11:24 am)

Let me tell you how it will be
There's one for you, nineteen for me
'Cause I'm the taxman, yeah, I'm the taxman
Should five per cent appear too small
Be thankful I don't take it all
'Cause I'm the taxman, yeah I'm the taxman

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eagleton (Apr 15, 2019 - 11:27 am)

Bangbus admin hasn’t banned you yet for making threats against my family? Good for you

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bangbus (Apr 15, 2019 - 11:34 am)

I dont threaten people. I make fun of them.

Your back acting up again?

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cocksman (Apr 15, 2019 - 11:30 am)

[Verse 1: Ford]
Some people say a man is made out of mud
A poor man's made out of muscle and blood
Muscle and blood and skin and bones
A mind that's weak and a back that's strong

[Chorus]
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter don't you call me, 'cause I can't go
I owe my soul to the company store

[Verse 2]
I was born one morning when the sun didn't shine
I picked up my shovel and I walked to the mine
I loaded sixteen tons of number-nine coal
And the straw boss said, "Well-a bless my soul!"

[Chorus]
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter don't you call me, 'cause I can't go
I owe my soul to the company store

[Verse 3]
I was born one morning, it was drizzlin' rain
Fightin' and trouble are my middle name
I was raised in the cane
Break by an old mama lion
Can't no high-toned woman make me walk the line

[Chorus]
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter don't you call me, 'cause I can't go
I owe my soul to the company store

[Verse 4]
If you see me comin' better step aside
A lot of men didn't, a lot of men died
One fist of iron, the other of steel
If the right one don't getcha then the left one will

[Chorus]
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter don't you call me, 'cause I can't go
I owe my soul to the company store

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taxamnesty (Apr 15, 2019 - 12:03 pm)

We should be paying them more money actually!

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superttthero (Apr 15, 2019 - 12:07 pm)

111



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wearyattorney (Apr 15, 2019 - 2:27 pm)

And let’s look at the primary event that resulted in the end of feudalism and the massive redistribution of wealth downward....

https://theplagueofeurope.weebly.com/decline-of-feudalism.html

“Because the peasants catered for everyone (they provided for the knights, the knights provided for the Barons and the Barons provided for the King), the Barons were willing to pay higher wages and offer extra benefits to the peasants. All their life they had lived off the peasants’ hard work and were willing to pay them to stay on the manor and continue slaving for them. When the peasants died, the foundation on which feudalism relied upon broke. The pyramid of power broke, and everything was thrown into chaos. ”

In other words... the only thing that worked, and the only thing that can work: labor shortage.

Lori Collegef***face has time to bribe to get her daughter into college, but she isn’t mowing her lawn. She’ll pay whatever needs paying for it to get done. The same with all the other rich folk.

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superttthero (Apr 15, 2019 - 2:33 pm)

Again, you make no point.

So we shouldn't tax the rich at all because they don't pay and we should kill 50% of the poor?

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taxamnesty (Apr 15, 2019 - 2:37 pm)

His MO is to point out legit issue then suggested a solution that is opposite of what makes sense. He can't reconcile his conservative values with the current economic reality or just placating the prole base here.

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gladigotaphdinstead (Apr 15, 2019 - 2:41 pm)

We should try that before we try taxing the rich. The rich say it won't work, so we should definitely trust them.

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taxamnesty (Apr 15, 2019 - 2:45 pm)

They will move else where bro! Look at Venezuela... It ain't like the US is the largest consumer market with huge number of skilled proffesionals... Both of which is a must to run first rate multinational Enterprise.

Without the rich people we are a step away from subsistence farming.

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wearyattorney (Apr 15, 2019 - 3:29 pm)

They won’t move anywhere else because they know their money is safe here. That’s why guys in china were paying 20k for a bitcoin to get the money out China even if it meant taking a huge hit. They want the money in the West where things are stable and it can’t be confiscated.

They’ll pay labor what needs paying to, but only if there aren’t cheaper alternatives available.

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wearyattorney (Apr 15, 2019 - 3:27 pm)

We shouldn’t increase the labor supply to absurd proportions like we have been doing for the last forty years with globalization and immigration.

You can’t tax the rich. It’s never been successfully done.

I guarantee you that if we look at the Scandinavian countries what you will find is that a dozen or so tax exempt families, including the royal families and ex feudal aristocracies, have all the money and are totally tax exempt.

The happiness factors comes from knowing you will never do worse than your peers, but it comes at the expense of innovation, etc. They don’t suffer the consequences of that because other countries do the innovation for them and they are part of Western Civilization.

The fact that this country had a 90 plus percent tax bracket and the monied interests, the real monied interests, didn’t feel the pain from it is proof that direct taxation will never work, as the rich will pay the politicians (who become politicians to become rich) for exemptions.

Nothing is contradictory about what I am saying.

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gazoo (Apr 15, 2019 - 2:44 pm)

There are a lot of rich people who get cancer every year.

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superttthero (Apr 15, 2019 - 2:45 pm)

I'll trade places with them. Will they with me if the burden is too high? I wouldn't want them those 1,400 to feel like they can't afford student loan payments, mortgage payments, healthcare costs and day care for their children due to the tax burden.

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gazoo (Apr 15, 2019 - 2:47 pm)

Haha!

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