Obama '08?

@H2O MAN,

H2O MAN wrote:

What % of 'Hicks' populate your world?

http://politicalticker.blogs.cnn.com/2010/08/04/cnn-poll-quarter-doubt-president-was-born-in-u-s/

It looks like about 25% of the US could be categorized that way.

1 Reply

@Cycloptichorn,

How about we just make it a capital offense to hide capital? Wink

1 Reply

@parados,

And how many are black?

0 Replies

@Cycloptichorn,

Cycloptichorn wrote:

parados wrote:

Of course it's unworkable. But how do you feel about it as a way to tax people if it was workable?

I don't have a problem with it, as it basically would prevent the long-term buildup of capital which wasn't being used for a good purpose.

I agree... just look at all that built-up capital that was used to get
Obama elected. That kinda of foolish spending needs to be stopped.

0 Replies

@cicerone imposter,

How much do you want for it.

1 Reply

@RABEL222,

I'll sell it cheap; $2,500 for the whole lot! That won't even pay for one of my vacations, so you must understand I'm selling at a sacrifice price.

1 Reply

@parados,

parados wrote:

How about we just make it a capital offense to hide capital?

How about we just make it a capital offense to be a moocher.

1 Reply

@H2O MAN,

Great idea! You first!

1 Reply

@plainoldme,

POM, you're making a spectacle of yourself... quit projecting.

0 Replies

@cicerone imposter,

Quote:

That won't even pay for one of my vacations,

Pin your bank balance on your shirt front ci. It will save you a lot of trouble and strife.

1 Reply

@spendius,

spendi, You should follow your own advise; they're beyond stupid!

1 Reply

@cicerone imposter,

Why? I don't go around boasting of my wealth as you did. I was just offering you a more efficient method. The Tibetan shits is pretty inefficient in my book.

1 Reply

@spendius,

$2,500 is "wealth" where you live? LOL

spendi, Exactly, how did I say we had wealth? Can you please cut and paste from any of my posts?

0 Replies

@parados,

parados wrote:

We would only have a 7% tax on wealth.

The Flat Tax has no chance of ever getting adopted and neither does the 7% Wealth Tax, Parados. But I have never heard of your proposal before. I, an amateur economist, would be interested in learning more about the logic behind your idea.
By the way, if anyone is interested, Cylops keeps his wealth, in cash, in Haagan Dazs containers in his freezer. CI is burying gold bars in his back yard. I have video.

3 Replies

@realjohnboy,

Will you share those videos with me, cause I forgot where I buried those gold bars.

0 Replies

@realjohnboy,

realjohnboy wrote:

The Flat Tax has no chance of ever getting adopted and neither does the 7% Wealth Tax, Parados. But I have never heard of your proposal before. I, an amateur economist, would be interested in learning more about the logic behind your idea.

Wealth is accumulated because our society allows it to accumulate. People with wealth certainly benefit from that wealth. The logic is that people would pay based solely on how they benefit.

1 Reply

@realjohnboy,

realjohnboy wrote:

The Flat Tax has no chance of ever getting adopted and neither does the 7% Wealth Tax, Parados.

Agreed.

0 Replies

@parados,

That doesn't help me understand what you are suggesting. There would be no income tax anymore, right?
Rather, if someone had a worth of, at the end of:
2007: $10M, they would pay $700K
2008: $12M, $840K
2009: $8M, $560K.
Is that the plan in its simplest version?

1 Reply

@realjohnboy,

realjohnboy wrote:

That doesn't help me understand what you are suggesting. There would be no income tax anymore, right?
Rather, if someone had a worth of, at the end of:
2007: $10M, they would pay $700K
2008: $12M, $840K
2009: $8M, $560K.
Is that the plan in its simplest version?

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