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I don't think you are taking into account maintenance of equipment.
how is that relevant to taxation? the mere fact that you are making profits mean you have room for increased costs by default.. you wont stop making profits if you currently make if taxes are added on +250k profits, because the taxes never succeeds the profit it is based on.
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In various businesses much of that income goes to maintenance of equipment, payment on equipment, taxes on equipment, machinery breaking down every now and then etc.
Profit is calculated after expenses not before. If your income is 400k and you spend 350k on maintenance your profit is 50k not 400k. All these things are in the budget and not taxed for cause they are deducted from the earnings.
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The dictatorship of the proletariat..
the proletariat usually makes up the majority of the population, as such i have a hard time viewing it as dictatorship, if anything its more like democracy. For the people to regain power those currently in power (corporations etc) have to be stripped of some of it, makes perfect sense to me. (even though i might not agree with Lenin on how to achieve such change).
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What do you mean someone else would be taking over, Do you mean the illegal contractors who the government for the most part ignores thus undermining honest businesses?
People breaking laws arent grounds for legalizations. If some people dump toxic waste and therefore gains an unfair advantage on the market is the solution of the free market then to allow everyone to dump toxic waste or for state to control the market so that no one (as few as possible) dumps toxic waste?
You are the state, the state are you. If the government isnt doing their job properly blame the government, dont give in to those who dont follow the laws your society has created.
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If you are referring to other stock holders of the business or some other entity taking over the business how is that good? One of The ultimate goals of communism is control of all business by the government.
Indeed, since the government is the people and thus all is owned by the people and works only for the people. In your situation that wouldnt happen though since its the private sector that would step in and take over the market shares and not the government.
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Government is mistreating the people by inflating the Dollar, overtaxing them, giving our hard earned money to bankers that caused they're own problems.
if they didnt bail out the banks you would lose more. In my opinion however the state clearly failed to regulate the market properly and the banks failed to take proper responsibility for their actions. So you have the right to be pissed, but if youre pissed you should ask for a government that will ensure that companies will be controlled more, not less. Because without control corporations will roam free and **** people up no matter the overall cost.
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Feingold admitted that they were defying the wishes of the majority of they're constituents when they voted yes to the unconstitutional bailout.
Sometimes what people want isnt always what they need. Its semi-undemocratic, but they are elected to act for you, and you have the power not to vote for them if they mess up doing that. Without the bailout you wouldve been in greater problem. The bailout had to happen, what can be discussed is in what way it should happen and what state should do to a) get money back b) prevent it from happening again.
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It is limiting the american dream. By heavily taxing the 250k range, and everyone else except the bankers by inflation.
95% of the people never even come close to 250k range. And heavily tax is silly, unless youre making tons of money you aint gonna tax much, and if you are you can afford to pay the taxes and still have 5 cars and 3 houses.
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I am still looking into it to confirm, but from what I have heard Obama will increase taxes on the below 250k income too
No, he is decreasing income on everyone below 250k, and for those below ~115k he cuts taxes more than McCain does. Im a swede and youre an american, yet i know that and you dont? Geez.
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Mccain is also a Marxist Lenninist, although more subtle than Obama.
Marx and Lenin would probably laugh at you if they heard you say that. Theres nothing marxist-leninist about either of the two, or any other politic with any power for that matter.
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This bank bailout can essentially be categorized as Nationalized Losses, and I believe also collectivized losses which are basically the same thing except collectivized losses can be a little more broad in meaning I think.
Essentially it can be categorized as a) a loan that comes with interest b) investments that comes with control over the banks c) complete buy-outs d) complete handouts..
America dont really want B and definitely not C and the other ones are hardly socialist at all.
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With that clarification however, it sounds like what the guy on the video I posted said on Obama's social security plan.
Not quiet. Ofc he wasnt completely lying, but his agenda was quite obvious. Wouldnt watch such crap if i were you tbh. At least try to get some objective sources even if it might be hard.
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I know that inflation of the Dollar isn't technically a tax in itself, but it does raise the price of everything.
Well, indeed, but its hard to avoid in the current system. It has upsides and it has downsides and has to be held in check to avoid really bad situations. And i dont think they pay taxes on printed money, interest is more likely.
Que is spanish for "what"
As for the jefferson quotes. i agree with him, and if anything so far has been socalist that is. Power belongs to the people, not the capital.