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Weaving the Strands: Business, Economics, and Tax Policy 2.0

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Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

Every mention of Obama's new redistribution proposals in the news is accompanied by, "but they have no chance of being enacted." With the growing awareness of how extreme inequality is becoming, the people ought to be writing in to their reps & senators by the millions later this week to demand enactment. I will.
 
Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

SJHovey said:
Is it?

What, this just dawned on him now, 6 years after he took office, and coincidentally at the exact same time that both houses of Congress switch over to the Republicans. Ok.

Heaven forbid he actually propose it when the Democrats control the Senate, which should make it at least marginally easier to get it through Congress.

The story was right about one thing, though. This will be part of Obama's legacy.
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Obama's Legacy is tied to Obamacare and his drone program IMO. He spent all his political capital (when he had some) on Obamacare in his first term. His war legacy is nothing special because he really didn't accomplish anything but his drone program was off the charts and that's what history will eventually write about.

His middle class failures are nothing. Bush 43 Destroyed the Middle Class and Obama didn't really do or propose anything to fix it.
 
Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

joecct said:
I may disagree with Liz Warren's politics, but she's 100% correct on the incestuous relationship between Washington and Wall Street.
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That kinda is her politics.

Warren strikes me as a "liberal" only by process of elimination. The right's political correctness litmus test is thou shalt never criticize private wealth. Warren is basically Teddy Roosevelt: other than breaking up the too big to fail financial services companies (the trust-busting of the 21st century) she's pretty meat and potatoes, hardly a fire-breathing radical or an ideologue in any way. I think as recently as 1975 Warren would have been a Republican, at least in the Northeast. The fact that in today's environment she's not only a Democrat but is even labeled a radical Democrat says nothing about her positions and everything about the captivity of the American political spectrum by the 1% since 1980.
 
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Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

Is it just my broker, or is the SEC now charging Section 31 transaction fees on buys as well as sells?
 
Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

geezer said:
What does that have to do with anything? Are you implying that you can multiply wealth by concentrating it?
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You sure I'm the one that wears the tin foil hat?

It takes hard work and smart decision making to multiply or even maintain wealth, as any rich person could **** away a couple mill in Vegas. Sometimes, one is dependent on someone else to gain this wealth through the sale of something, such as labour, or commission for holding (i.e. interest or dividends).
 
Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

FlagDUDE08 said:
You sure I'm the one that wears the tin foil hat?

It takes hard work and smart decision making to multiply or even maintain wealth, as any rich person could **** away a couple mill in Vegas. Sometimes, one is dependent on someone else to gain this wealth through the sale of something, such as labour, or commission for holding (i.e. interest or dividends).
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and?

(still not clear why you responded to me)
 
Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

joecct said:
A different look at the President's tax plan vis a vis MLB
http://m.townhall.com/tipsheet/ConnCarroll/2015/01/20/the-problem-with-obamas-tax-plan-n1945674
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Socialism stops working when you run out of other people's money.

The only problem with cutting the state and local tax credits is that the rich are living in state with no state income taxes, such as Florida, Texas, or Washington. If these credits include property and school taxes, then you might have a chance.
 
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Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

joecct said:
Anything that passes Congress should be labeled "The Accountants and Lawyers Full Employment Act of 2015".
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Of course, that's how the politicians from both parties keep the money rolling in for campaign donations. Nowadays it is far more "profitable" to find ways to "game the system" than it is to actually engage in productive useful work. :(
 
Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

joecct said:
I think Brussels is out of touch with the mainstream Europer (Yooper?).
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Trust me, a "Yooper" is not a thing that's like a European. The closest you'll get is some French-Canadian voyageur that went native. :)
 
Re: Weaving the Strands: Business, Economics, and Tax Policy 2.0

FreshFish said:
Of course, that's how the politicians from both parties keep the money rolling in for campaign donations. Nowadays it is far more "profitable" to find ways to "game the system" than it is to actually engage in productive useful work. :(
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Twas ever thus. The history of the development of the canal system in the first half of the 19th century reads like it could have happened this year. Same players, too: corrupt pols, lobbyists, robber barons, and rafts and rafts of suckers.
 
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