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Neil Lindholm
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Joined: 12 January 2005
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Posted: 08 November 2019 at 6:21pm | IP Logged | 1 post reply

Love to discuss this more but the benevolent socialists in my current country mandated a holiday last Monday and Tuesday, to celebrate the glorious Premier, so we have to work on a Saturday to cover the "holiday". 
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Neil Lindholm
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Posted: 08 November 2019 at 6:25pm | IP Logged | 2 post reply

A quick add. I am currently listening to my homeroom students practising their exact memorization of a communist passage. Indoctrination comes early here. Luckily, the vast majority of the students can't wait to live in a free capitalistic society. 
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Dave Phelps
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Posted: 08 November 2019 at 6:38pm | IP Logged | 3 post reply

If you're trying to convince me that living in America is good, it's really not necessary. I'm quite happy being here.
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Neil Lindholm
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Posted: 08 November 2019 at 7:21pm | IP Logged | 4 post reply

Oh, not at all. America, flawed as it is currently now, is still the beacon of freedom and capitalistic ideals for the rest of the world. 
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Brandon Frye
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Posted: 09 November 2019 at 10:26am | IP Logged | 5 post reply

Capitalism is certainly not a perfect system, but I will always cling to the basic premise that, while not everyone prospers, everyone still has a chance to. 

I will always prefer this to an all-powerful government that decides who gets what.

I mean my hell, if someone like Rob Liefeld can become a millionaire in this country, I know I at least have a shot at it!


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John Byrne
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Posted: 09 November 2019 at 10:41am | IP Logged | 6 post reply

“Becoming” a millionaire is something that is often overlooked by those determined to “tax the rich”. The assumption seems to be that all wealth is inherited.

Well, I’m a millionaire*, and I worked damn hard to get here!

—————

* I’m in the bottom 1% of the 1%.

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Brandon Frye
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Posted: 09 November 2019 at 11:12am | IP Logged | 7 post reply


 QUOTE:
Well, I’m a millionaire*, and I worked damn hard to get here!

And in doing so, gave the rest of us years of amazing art and stories. It's a win/win!


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Eric Sofer
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Posted: 09 November 2019 at 1:37pm | IP Logged | 8 post reply

Ah. Then Mr. Byrne, could I borrow a buck? With maybe a draw-over of Washington as Professor Xavier? :P
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Peter Martin
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Posted: 09 November 2019 at 4:57pm | IP Logged | 9 post reply

There is nothing wrong in an individual obtaining huge rewards from their hard work or ingenuity. The prospect of such rewards incentivises hard work and striving for new money-spinning ideas in society as a whole. We need to ensure there is sufficient redistribution to give everyone a fair crack at the whip  though. There is, I think, something wrong when such a success story is able to trap that wealth for succeeding generations. 

If someone is able to make a billion through their business acumen, hard work and right-judgement, good for them. That's a sign of a meritocracy, and I like the idea of a meritocracy. But you then get the paradox that their success means their kids are more likely to go to the top universities and end up as higher earners than far smarter, far harder working kids born into a low income situation, which is the opposite of a meritocracy. 

There is plenty of evidence that opportunity goes hand-in-hand not with ability but with how high up in the economic strata you are born. And it's getting worse, not better.
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James Woodcock
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Posted: 10 November 2019 at 1:01am | IP Logged | 10 post reply

This is really difficult for me because I am so split & schizophrenic in my beliefs on this topic.

On the one hand, I do think people should be allowed to not be mega taxed if they have worked hard.

On the other hand, I do have difficulties with things like:
Over 80% of the land in the U.K. has not changed hands for hundreds of years - That really does have a massive effect on social mobility

Billionaires/millionaires who employ people & pay low wages - One of the financial philosophies of low tax economy is trickle down, & that just doesn’t seem to actually happen.

Now, to be clear, I do not think Communism is a viable or correct system, but neither do I think an unregulated free market is correct, but then neither do most people.
& I also found it funny that in 2008, when it all went wrong, everyone went running to the government for hand outs to steady the economic ship - so we are only capitalists to the point it all goes to pot, & then socialism is very nice thank you.  
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Brian Floyd
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Posted: 10 November 2019 at 10:40am | IP Logged | 11 post reply

I believe Bloomberg said he wouldn't run unless Biden dropped out. That's not going to happen.

But I'll be surprised if he doesn't run in the next election.

I do not have a problem with millionaires and billionaires running for the job. Because you pretty much have to be rich to run for President anyway. What I do have a problem with is millionaires and billionaires who were born with a silver spoon in their mouth running for the job. Because if you didn't earn the money, you're not going to be able to empathize and sympathize with the lower and middle classes. One thing I remember being said when Mitt Romney ran was that he once thought he was poor because he had to live on $400,000 a year at one point!

And I don't see why some people support candidates who are obvious idiots. Ron Paul wanted to get rid of the IRS and go back to tarrifs, who is completely unrealistic. Yet he had tons of supporters. Warren's healthcare ideas are just as bad, but she at least doesn't come off as nuts. 


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Eric Sofer
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Posted: 10 November 2019 at 4:05pm | IP Logged | 12 post reply

I suppose it's petty of me, but I'm not sure why people are so virulently angry with millionaires and billionaires. I've heard plenty of times, "They have six house, three yachts, own a golf course and a hotel chain, and have horses and go to fancy parties!" Well, yeah... that's a result of being rich. But I think that usually, they haven't stepped on every person in their way, exploited every tax law, cheated, lied, and generally were bad.

Sure, there are a LOT of evil people - but why can't there also be a lot of good people as well? Rich people suffer a lot more than middle class people do too. I'm not talking about folks who have to skip a meal, or don't have a home, or starving children who can't go to school. I mean those of us who live in homes, eat regularly, work, have facilities,etc.

I think the issue is an equitable contribution to government through taxes that's the issue, and I'm annoyed with that. Them what got the gold makes the rules; this is known. I think a flat tax on EVERY citizen would be a much fairer way to do it, if A) we could get it established, and B) everybody played by that rule.

But I'm no financial or tax expert, and I may even be quite foolish desiring such a policy. However, I don't hate a Zuckerberg or a Tom Brady or a Tom Hanks for their wealth; they worked hard to earn it, and they have their travails as well. WE might not think of them as hardships - but hardships they are, nonetheless.
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