In the discussion thread: An Easy Way to Squeeze a Lot of Taxes from Corporations That Try to Hide Their Profits Offshore [View all]
Response to 7962 (Reply #19)
Mon Sep 2, 2013, 03:06 PM
mbperrin (7,672 posts)
22. Consumption tax is the worst ever.
The richest spend a fraction of their income, and so pay on a fraction.
Poor people spend all theirs, and so are taxed on every dime. Bad idea.
The people who want to tax your 401k aren't using high corporate tax rates as a reason. They just don't want you to retire, ever. They prefer you die working and before you incur great medical expense. Screw them.
Since you've abandoned your retirement planning to your company, I very sincerely hope that works out for you. Often, it doesn't.
China has no consideration? Hmm. I guess the coming missile strike on Syria is a humanitarian gesture? And a million more examples of USA simply killing people routinely as part of business for the MIC. Check out the Keystone Pipeline and their hired thugs running property owners off their own land, including a 74 year old woman in Texas now in jail.
Nothing convoluted about 92% tax rate. Invest or pay. That's the way around it. Worked in the 50s, very well indeed.
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Replies to this discussion thread
|Half-Century Man||Sep 2013||#10|
Consumption tax is the worst ever.
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