Hillary proposing higher short term capital gains taxes

Discussion in 'Wall St. News' started by clacy, Jul 20, 2015.

  1. clacy

    clacy


    Ok, well at least we clarified when you want to pick and choose to socially engineer.

    You're entitled to that view point, but at least we've cleared up that you misspoke previously.
     
    #11     Jul 21, 2015
  2. loyek590

    loyek590

    all I said was taxes should be used for revenue, not social enginering
    you couldn't understand that so I clarified it
    I didn't misspeak, you just misread and didn't think before you posted
     
    #12     Jul 21, 2015
  3. clacy

    clacy

    Taking money and then redistributing it is by definition social engineering.

    The government is determining from whom they take it from, how much they take, and then who (and how much) they want to redistribute it to.

    This isn't rocket science. You can call it revenue, but the entire process of forced redistribution is social engineering.

    I think the point you're trying to make is that you only want to include the REDISTRIBUTION part of the equation, but one without the other is pointless.
     
    #13     Jul 21, 2015
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  4. loyek590

    loyek590

    no, I don't care what they do with it after they steal it. I just want them to steal from everybody equally.
     
    #14     Jul 21, 2015
  5. clacy

    clacy


    Fair enough. I agree that there should be far less complexity in the tax code.
     
    #15     Jul 21, 2015
  6. Sig

    Sig

    Nice quote, but I'm struggling to think of a real example of a country that has gone democracy, dictatorship, monarchy, let alone one that has done so for that reason? Maybe France in French Revolution times with the sequence, but hardly for that reason.
     
    #16     Jul 22, 2015
  7. clacy

    clacy


    I think the point is more that eventually democratic voters figure out they can vote for the candidate that gives them the most free stuff, and that has negative consequences.

    I don't necessarily think it automatically gives rise to dictatorships/monarchies but certainly can lead to the creation of a culture of dependency which isn't a good thing overall.

    It's not helped by the fact that we continually import people from the socialist and dysfunctional/dysfunctional countries to our south, who by and large tend to vote for the very same types of politicians they are trying to flee in their own countries.
     
    #17     Jul 22, 2015
  8. Sig

    Sig

    Thanks, I got the point of the quote, just pointing out it didn't reflect reality.
     
    #18     Jul 22, 2015
  9. i960

    i960

    Maybe she'll add a special exclusion for cattle futures...
     
    #19     Jul 22, 2015
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  10. Arnie

    Arnie

    I'm trying to think of tax that DOESN'T try to engineer society.

    Sales tax: Cigs and booze taxed at higher rate

    Income: The more successful, the more you pay. The less productive are rewarded.

    Mort Int Deduction: Renters effectively subsidizing owners merely for choosing different.

    I could on..
     
    #20     Jul 23, 2015