Ralph Nader: tax the speculators

Discussion in 'Economics' started by mrstocker, Feb 9, 2009.

  1. http://www.counterpunch.org/nader02052009.html
  2. There are so many "value assumptions" inherent in that Nader quote that he doesn`t even realize are value assumptions.....he thinks they are facts of nature. Total Moron who went to a nice school, blue-blood----but thinks like the herd--and is becoming more incoherent and irrelevant every year.

    Besides that he is comparing apples and oranges: speculators are encouraged to take the big business risks which move the capitalist economy precisely b/c these risks are so high it necessitates high rewards.

    Who does he think pays the taxes---the sucesssful speculators. They get taxed after the fact, as oppossed to before the fact.

    Speculators who speculate poorly are taxed, they go broke---that is the ultimate tax.

    Thirdly, society only taxes cigarettes, liquor, porn b/c they are easy targets given the moral makeup of influential constituent groups----the govt. MO is to tax anybody as much as they can get away with----these groups don`t have a powerful voice who will stand up to the government.