Comments on: French President Hollande’s Plan to Tax Rich Touches Nerve

By: Summer Osteen

Summer Osteen — Tue, 31 Jul 2012 01:30:00 +0000

You’re disgusting. It’s people like you who are contributing to the problem.

By: Summer Osteen

Summer Osteen — Tue, 31 Jul 2012 01:29:00 +0000

What about wanting a currency to be sustained and a country with an economy to spend it in? Otherwise all that paper is worthless bucko.

By: Summer Osteen

Summer Osteen — Sun, 29 Jul 2012 21:11:00 +0000

Americans are so ignorant about social systems and for those of you who are appalled at this taxation starting a the $1.2 million mark, you obviously need to be taken off of your high-horses. You could live off of a 5% interest rate of $1 million comfortably, if you lived within a reasonable means. Paying more taxes to sustain your country when you make such a ridiculously large amount of money just makes sense. The downfall to humanity is greed, pure and simple. Fair taxation is not the unemployed wanting hand outs, it is people like me who barely make $20,000/year and are taxed 20% of their income. Sure they can put on paper that people in my specific tax bracket were only supposed to be taxed 15% but doing the simple math, I was actually taxed 20%, It would have been 25% had I not received any money back from the government. These billionaire people and corporations in America take advantage of loopholes to make their tax payments next to nothing. Of course that has a detrimental effect on our economic structure. President Hollande has the right idea.

By: regalrecaller

regalrecaller — Fri, 27 Jul 2012 21:15:00 +0000

When did the American empire flourish more than any other time? From 1940 till about 1975-80. Top income earners were then taxed 70%, then Kennedy dropped it to +-50%, then Reagan dropped it to 33%. Do you know enough history to remember that the US had very low unemployment, a rapidly expanding middle class, a rapidly expanding GDP, a much lower disparity between rich and poor…I could go on.

Tell me, is it more important for a nation to tax in order to survive, or for it to destroy itself? The more money you have, the more of a stake you have in the government, and the more money you should contribute for its proper functioning.

By: Old OddJobs

Old OddJobs — Fri, 27 Jul 2012 18:40:00 +0000

Wow, what a perversely narrow knowledge of the world this comment demonstrates. It must be comforting to think in facetious cartoon terms like that. You must be truly baffled by America. How can 50% of their population be so explicitly evil? They’re orcs!

Wanting to keep YOUR OWN MONEY = greed. Wanting other people’s money = need.

Right?

By: Old OddJobs

Old OddJobs — Fri, 27 Jul 2012 18:37:00 +0000

People do not get successful in a void, that’s true. However, the people under attack in this new tax plan have themselves contributed far more in taxation than they have ever consumed. If you think of taxation as a price paid for the kind of environment you describe, then it’s quite obvious that a large&increasing number of people are net consumers of this environment and not contributors to it.

The basic point is that you cannot produce more wealth by attacking production. Production itself is the source of wealth. Trouble is, most people are too riddled with envy to stand for the success of others and they will do anything they can to get their hands on their money.

It usually starts with adopting a hysterical moral high ground. THINK OF THE CHILDREN!!

By: Old OddJobs

Old OddJobs — Fri, 27 Jul 2012 18:31:00 +0000

yawn, change the record

By: regalrecaller

regalrecaller — Thu, 26 Jul 2012 23:24:00 +0000

You must be an American. And either a millionaire who avoided all that “book larning” at college, or a tool of the teapublicans’ massive brainwashing campaign.

By: regalrecaller

regalrecaller — Thu, 26 Jul 2012 23:22:00 +0000

Oh hey, lets have an economy with a minimum standard of living! Yay! No one falls through the cracks anymore!

By: regalrecaller

regalrecaller — Thu, 26 Jul 2012 23:22:00 +0000

I was not.

By: regalrecaller

regalrecaller — Thu, 26 Jul 2012 23:20:00 +0000

The neoliberal economic policies championed by greenspan and reagan is what led to the stagflation we experienced in the 80s. Most conservatives like to ignore neoliberalism because of what it means for their sense of righteousness.

By: regalrecaller

regalrecaller — Thu, 26 Jul 2012 23:16:00 +0000

Who knew?? Capitalism is not synonymous with democracy. To those who fucked off during college, democracy is a political system while capitalism is an economic system.
It is perfectly possible to have a socialist democracy. If fact, many european nations have that exact thing.

By: Jesse Jones

Jesse Jones — Thu, 26 Jul 2012 16:50:00 +0000

You sound like a despot.

By: Paxxton

Paxxton — Thu, 26 Jul 2012 15:52:00 +0000

Neither of your links are good, and your “lesson” meets none of its modifiers. Stagflation was not triggered by supply shocks in commodities markets. It was a product of overly-expansive monetary policy which contributed to unemployment and the two became a nasty pair. In other words, Mssr. Hollande has his priorities out of order if he intends to attempt public sector reform after massive wealth redistribution. Did you read the paragraph about Pugeot laying off 8,000 workers and closing a plant because the government is taking more of its money through increased taxation and using it elsewhere?

http://useconomy.about.com/library/Stagflation.pdf

By: Kratos Shqiperia

Kratos Shqiperia — Thu, 26 Jul 2012 15:02:00 +0000

Yeah it’s called social democracy.