Occupy Wall Street?

[Wiggles92]

Here's an interesting video that I found on Cain's 9-9-9 tax plan.

Some important highlights include:

• a 9% federal sales tax that's on top of the state & local sales tax with no exemptions for food and medicine.
  • For example, say you currently pay a 6% sales tax on items in your area; you're looking at paying a 15% sales tax under this plan.
  • Think about how much some medicines cost and then add that percentage on there; it adds up pretty fast.
• eliminating personal exemptions and deductions for child care, tuition, mortgage interest, etc.
  • Like that college degree you're investing in? Have fun paying for it plus some.
• a family of four with an income of $50,000 would face a tax hike in excess of $5,000.
  • Ouch. What more can I say about that?
• eliminating all taxes on capital gains from stocks and bonds.
  • Wall Street will greatly benefit from this change while we will benefit little.

 

[Modest_Man]

http://www.businessinsider.com/what-wall-street-protesters-are-so-angry-about-2011-10?op=1

I like charts. And Ron Paul, though I'm pretty liberal.

 

[Wiggles92]

http://www.businessinsider.com/what-wall-street-protesters-are-so-angry-about-2011-10?op=1

I like charts. And Ron Paul, though I'm pretty liberal.

Those charts really help to put things in perspective.

 

[Inglorious]

I like charts too, but not those charts...they're very depressing

 

[GudEnuf]

Here's an interesting video that I found on Cain's 9-9-9 tax plan.

Some important highlights include:

• a 9% federal sales tax that's on top of the state & local sales tax with no exemptions for food and medicine.
  
  • For example, say you currently pay a 6% sales tax on items in your area; you're looking at paying a 15% sales tax under this plan.
  • Think about how much some medicines cost and then add that percentage on there; it adds up pretty fast.
  
  
• eliminating personal exemptions and deductions for child care, tuition, mortgage interest, etc.
  
  • Like that college degree you're investing in? Have fun paying for it plus some.
• a family of four with an income of $50,000 would face a tax hike in excess of $5,000.
  
  • Ouch. What more can I say about that?
• eliminating all taxes on capital gains from stocks and bonds.
  
  • Wall Street will greatly benefit from this change while we will benefit little.
  
  

Looks like the reverse Robin Hood Plan. That's thinking out side the box, for you!. It's screaming "If you're not Rich blame yourself! Deal with it"

 

[DavidW]

are you implying that ayn rand's ideas about government and human rights are "drowned"? what do you mean by "drowned"?



you brought up her views on an entirely different topic in an attempt to poison the conversation and you had no legitimate criticism of the facts in the papers i linked. i call that mud slinging, so you're wrong.

that's on par with someone throwing out charles darwin's theory of evolution because they have a different opinion of god. it doesn't make his theory any less valid.

If you start with a broken premise you end up with a broken conclusion/result ( garbage in = garbage out) . Ayn Rand did this.
By 'drowned' I mean dead, d.o.a., just like Rand's attempts, literally, to justify the morality of greed selfishness and avarice. This was just an extension of the metaphor presented to me. If the idea is a bad one then throw it out.
My ( studied) conclusions are valid about her writing and her politics and are supported by philosophers economists and ethicists. Do you r own research.
I did not bring up Ayn Rand. JD did, and asked what was wrong with her [theories]
Given her skill set, following her advice, is exactly like following the advice of LRon Hubbard on religion. Are you a scientologist?

 

[Lepisosteus platyrhincus]

Ok im out of this thread. It has become an uber liberal hippy fest

 

[DavidW]

Ok im out of this thread. It has become an uber liberal hippy fest

Is this your usual reaction to a conversation where your belief system is challenged? stereotyping, name-calling then quitting?
I guess denial is not a river in Egypt

 

[JuanTamad]

The silent majority has awaken.....and the truth shall prevail......deal with it....there will be no more hiding it under the rug.....

 

[Inglorious]

Ok im out of this thread. It has become an uber liberal hippy fest

So instead of having an intelligent point/counter point discussion you are resorting to name calling and are refusing to listen to the other sides points of view? How very mature of you.