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| why is the cure for inflation to rase loan rates why not tax the top 10% instead (Page 3/8) |
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williegoat
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NOV 07, 01:01 PM
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Raise your hand if you have ever gotten a regular paycheck from a poor person.
(if you are a politician, just sit down and shut up. we know where your paycheck comes from.)
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williegoat
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NOV 07, 01:02 PM
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| quote | Originally posted by blackrams:
Canada may want some back but, maybe not...........
Rams |
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blackrams
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NOV 07, 01:16 PM
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| quote | Originally posted by williegoat:
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Those I'm addressing know exactly what I meant and who that was directed to.
Rams
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Wichita
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NOV 07, 02:37 PM
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 [This message has been edited by Wichita (edited 11-07-2022).]
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Jake_Dragon
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NOV 07, 04:24 PM
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| quote | Originally posted by ray b:
NO right wing MYTH
you guys love the dogma
when I was 13 and no jobs for kids that young by law
I mowed lawns for 5 bucks when the mini wage was 1.60 in the early 60's
people do NOT need the overclass as much as they claim
and allways do better working for themself NOT the man |
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ray b
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NOV 08, 10:59 AM
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| quote | Originally posted by Wichita:
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cartoons seldom fix problems
if the problem is too much money why hike rates for loans as the only fix
why not hike the taxes on the top earners instead to soak up the money
and pay down the nations debts
instead of rate hikes that ONLY raise the debt payments and the total debts go up
both remove money to slow inflation
why the only rate hikes never tax hikes to reduce inflation
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MidEngineManiac
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NOV 08, 11:07 AM
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You ever heard of John Galt ???
Or let me put that another way....
If you are going to tax me at an unreasonable rate over a certain amount....then why the HELL would I go out and earn over that amount ?
Why not just stop earning at a decent comfort level for me, enjoy my extra time, and the world can go get their own. (OR, I can move to someplace more tax-friendly. Either works)
Contrary to what the left (and some RINO's and CINO's) seems to believe, the world does not owe you ONE DAMN THING.
I am NOT your slave to produce for you on command and under threat.
I'm not living for your best interest, I'm living for mine.
Oh, and if you dont like the price of a Cadillac then dont buy one, buy a Chevy. If you dont like the price of a loan then dont take one. Shop around, go elsewhere or re-learn to live without what you were going to buy with that loan. Nobody held a gun to your head and forced ya to buy a $100,000 truck, or $2.5 mil house, or $1500 phone (or whatever). Ya's went out and did that all on your own.[This message has been edited by MidEngineManiac (edited 11-08-2022).]
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williegoat
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NOV 08, 12:13 PM
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| quote | Originally posted by ray b:
why not hike the taxes on the top earners instead to soak up the money
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As I said above, raising taxes will cause prices to go up and wages will stagnate. This increases the burden on those who are most hurt by inflation, the "working poor". This is nothing more than redistribution of wealth.
Money will not be "soaked up". It will end up in the hands of the aristocracy and increase government spending. It will not slow inflation.
It is just such shortsighted, ill informed policy that is destroying our nation.
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williegoat
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NOV 08, 12:24 PM
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It has been shown that increasing taxes does not substantially increase revenue, but the perceived windfall will be redistributed by politicians in the form of “sweetheart deals” to sectors such as “big pharma” and “green energy”.
How does this help the average American?
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ray b
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NOV 08, 01:26 PM
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You ever heard of John Galt ???
a FICTONAL nonperson dreamed up by a russian refugee
who was not a good author
to bolster an imaginary government reform ?
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