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WillFranklin

The Most Liberal Thread Ever

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10 hours ago, Craig234 said:

 

Manning was not pardoned by Obama. Rather, she had her outrageous 35 year sentence commuted/reduced, as I recall. Obama was harsh to whistleblowers.

 

Oh. Okay. Thanks.

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Looks like we may have a government shutdown tomorrow night because Republicans will not address DACA in their spending bill.

 

Trump broke DACA and now they refuse to fix it.

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Of course we have a shutdown because Republicans do not want to allow DACA to be extended. They want children brought here from other countries to have to leave and go where they know nothing about.

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Regarding the minimum wage, I tend to be something of a capitalist Liberal.  What we really need is for our markets to be properly structured and refereed so that a minimum wage is unnecessary.  Anyone offering less than it costs to survive would simply find no takers.  That requires aggressively dealing with cartels and monopolies, keeping the market for labor properly competitive.  And a business model that cannot survive paying market wages is just a bad business model, and will deservedly die out and be replaced by things that are more productive.  So ideally, a minimum wage would simply be unnecessary.  

 

Of course, it isn't right now, in part because our system exacerbates the conditions that necessitate a minimum wage:  the concentration of wealth and power and the shrinking number of employers competing for labor.

 

Taxes should be progressive, like wind resistance.  I don't know where the lines should be drawn, but beyond some number, your dollars earned should be taxed at at least 75%.  Maybe higher.  This is an imperfect solution to a problem in reality, in economics.  The feedback effect of wealth in our democracy.  The more wealth you have, the greater your political access and influence.  That influence nudges the regulatory and legal environment in your favor, so you earn even more, and it actually gets easier.  Progressive taxes offset the political influence of wealth in our system.

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Highly progressive taxes are part of the answer.  The top 1% could easily be taxed at a 95% rate and not suffer any setback in the lifestyles to which they have become accustomed.  As it is now, staggeringly large fortunes are being stashed in foreign banks to illegally avoid taxes.  And much money the wealthy have no other use for, goes in the pockets of Conservative elected officials, causing a lopsided political system.

 

Democratic Socialist countries like Sweden, The Netherlands and New Zealand tax their rich at a high rate.  Some have fled, seeking foreign tax havens.  But many of their top earners have stayed, ostensibly, seeing the justice of the system.  Sweden, for instance, has retained industrial giants like Saab aircraft, Volvo autos, trucks and heavy earth-moving equipment and Udderholm Steel, producing some of the most advanced alloys on the planet.

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As it has been explained on Fox News, if we try to tax corporations as necessary to maintain this kind of stable, vibrant, wealthy economy so that they can be here and do business and make boatloads of money...they'll all leave and take their ball with them, and then we'll all be very sorry....even though this land is awash in wealth in natural resources and talent.

 

Always sounded like BS to me.  If Apple doesn't like American corporate taxes, Apple can go sell iPhones in the third world.  Let me know how that works out for you.  I'm guessing you're not going to get $800 apiece for them there, though.

 

So if they want to do business in a place like this, they have to pay what it costs to sustain a place like this.  Stop telling us if they don't get a free lunch on our dime, that they'll leave.  Buzz off then.  Go.  Somebody else will be HAPPY to step into your place and build a nice business paying American taxes so they can live in a nice place like America.

 

The Fox Right thing is kind of like a rich person living in a really nice house with a giant mortgage saying to the bank, "My hot water heater has broken, and my kitchen is dated.  If you don't fix these things I will leave and buy a house somewhere else.  And if you do not agree to make my mortgage payments for me while you're at it, I will leave and mortgage it with someone else."   If banks operated like that, then the banks would soon be out of business.  (In that scenario, the middle class would be the bank.)  I think we all recognize that if you want to live in a nice house, you have to work and pay to keep it nice.  Not demand that somebody else do it so that you can get all the enjoyment out of it.

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