Current issues with the market - Any ideas on avoiding the end?

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Hollywood Hulk Hogan said:
Or, ya know, they could close the loopholes that the rich and corporations use instead of just borrowing more money and taxing the poor people more
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Good luck closing all of the loopholes in a progressive tax system. Sure, if you made it a flat rate and taxed everyone at the same rate you could close all the loopholes and have a functioning system but the lefties piss and moan because they think it's unfair to not tax people more if they're doing better.

Also, that's why every company is international now, in case some government is retarded enough to try to close loopholes while having a progressive tax system.
 
Retink said:
Good luck closing all of the loopholes in a progressive tax system. Sure, if you made it a flat rate and taxed everyone at the same rate you could close all the loopholes and have a functioning system but the lefties piss and moan because they think it's unfair to not tax people more if they're doing better.

Also, that's why every company is international now, in case some government is retarded enough to try to close loopholes while having a progressive tax system.
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So you think instead we should just keep taxing poor people and borrow more money?
It's okay to ask the wealthy to pay more, you aren't going to get wealthy by whiteknighting them
 
Retink said:
Good luck closing all of the loopholes in a progressive tax system. Sure, if you made it a flat rate and taxed everyone at the same rate you could close all the loopholes and have a functioning system but the lefties piss and moan because they think it's unfair to not tax people more if they're doing better.
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Uhhh it's a 15% minimum tax on earnings for the largest corporations. That's...called a flat tax.

I enjoy the duality of KF where the corporations are going to take over everything and make you live in pods and eat the bugs and chop off your dick but also we can't tax them because
 
Hollywood Hulk Hogan said:
Good luck with that. Rich people should pay their share
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Ok, you have fun with that, but as long as you have a retarded system like progressive taxation don't be surprised that the wealthy will do everything in their power to reduce what's being extorted from them and companies continue to become more international while the USA slowly turns into Detroit because the rich don't want their money taken and sent to Ukraine, Israel, Pakistan, or whatever other shithole. Any initiative designed to tax the rich is just a method to eventually tax the poor.

Why not just move to New York City or California while you're at it so you can pay more in taxes with the money going to great things like painting BLM murals and exposing children to troons in libraries.
 
Retink said:
Ok, you have fun with that, but as long as you have a retarded system like progressive taxation don't be surprised that the wealthy will do everything in their power to reduce what's being extorted from them and companies continue to become more international while the USA slowly turns into Detroit because the rich don't want their money taken and sent to Ukraine, Israel, Pakistan, or whatever other shithole. Any initiative designed to tax the rich is just a method to eventually tax the poor.

Why not just move to New York City or California while you're at it so you can pay more in taxes with the money going to great things like painting BLM murals and exposing children to troons in libraries.
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It's hilarious when working class people simp for rich folks.

If you close tax loop holes, they won't be able to take advantage of him. Although you Republicans are not working class, you think of yourselves as "temporarily embarrassed millionaires"
 
'tax the rich' is low iq propaganda. what it means in reality is 'tax the honest' and 'tax the productive' while the actual rich ignore most of the nonsense because they have their incomes routed through shell companies and offshore bank accounts, their wealth sequestered away in foundations, transactions disguised as charitable donations, etc. the tax burden is hardest on the working class and middle class, while the parasite underclass and the ruling class reap most of the benefits.
 
Hollywood Hulk Hogan said:
It's hilarious when working class people simp for rich folks.

If you close tax loop holes, they won't be able to take advantage of him. Although you Republicans are not working class, you think of yourselves as "temporarily embarrassed millionaires"
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I'm just going to assume you're on some kind of dumb larp because that's a very exceptional view of the world you've got there.
 
Retink said:
Also, that's why every company is international now, in case some government is retarded enough to try to close loopholes while having a progressive tax system.
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I mean if it gets globohomo companies like Blackrock to fuck off and pull out of the US to ruin some other country that might be a good thing tbh.
 
vern said:
I mean if it gets globohomo companies like Blackrock to fuck off and pull out of the US to ruin some other country that might be a good thing tbh.
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The problem is they don't just fuck off, they just continue but with more spite and just move all the valuable parts to other countries. There's a reason why you get John Cena apologizing in shitty Mandarin for acknowledging Taiwan.
 
Retink said:
The problem is they don't just fuck off, they just continue but with more spite and just move all the valuable parts to other countries. There's a reason why you get John Cena apologizing in shitty Mandarin for acknowledging Taiwan.
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Because he's a spineless cuck.
 
Retink said:
The problem is they don't just fuck off, they just continue but with more spite and just move all the valuable parts to other countries. There's a reason why you get John Cena apologizing in shitty Mandarin for acknowledging Taiwan.
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Thats why I also think corporates tax should be more based on the value of the companies assets rather then profit and the specific brackets are determined on the how much of said assets are based in the US vs overseas.
But that's never gonna happen no mater who takes control of the country.
 
vern said:
Thats why I also think corporates tax should be more based on the value of the companies assets rather then profit and the specific brackets are determined on the how much of said assets are based in the US vs overseas.
But that's never gonna happen no mater who takes control of the country.
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Taxation on assets is just a bad idea, and really basing company value off of assets is how you create exceptionally fucked markets, just look into the Japanese index Nikkie 225 history and how it's one of the best arguments against the "time in the market" concept.

Taxation is just really shit and this idea of paying your fair share is some serious cuck mentality.
 
Retink said:
Taxation on assets is just a bad idea, and really basing company value off of assets is how you create exceptionally fucked markets, just look into the Japanese index Nikkie 225 history and how it's one of the best arguments against the "time in the market" concept.

Taxation is just really shit and this idea of paying your fair share is some serious cuck mentality.
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And people who want no taxation fall into the same mental pitfalls as socialists, both assume no one will ever exploit an obviously exploitable system.
Taxation should only exist as a check so no single corporation can undermine the state, the only people who argue against this are natural born fifth columnists who want their country controlled by monopolies and or anti-military so foreign powers can easily influence without any soft power socioeconomic crap
 
vern said:
And people who want no taxation fall into the same mental pitfalls as socialists, both assume no one will ever exploit an obviously exploitable system.
Taxation should only exist as a check so no single corporation can undermine the state, the only people who argue against this are natural born fifth columnists who want their country controlled by monopolies and or anti-military so foreign powers can easily influence without any soft power socioeconomic crap
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Taxation is the exploitable system, a lack of taxation is far less exploitable than any tax based system.

The idea that taxation is some kind of check on power shows why taxation shouldn't exist. If something has power over you to make you its nigger by means of force, then your only option is to either be a nigger or find a way to control that system to your benefit and then ultimately make others your nigger because that's the system you exist in. What you're describing is basically showing up to a poker game, knowing the dealer is openly rigging the game, and then trying to play a fair game of poker for some retarded reason instead of playing the real game which is getting the dealer to work in your favor.
 
vern said:
And people who want no taxation fall into the same mental pitfalls as socialists, both assume no one will ever exploit an obviously exploitable system.
Taxation should only exist as a check so no single corporation can undermine the state, the only people who argue against this are natural born fifth columnists who want their country controlled by monopolies and or anti-military so foreign powers can easily influence without any soft power socioeconomic crap
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Well lets tackle this directly: When you talk about using taxation as a check are you talking about taxation as government revenue or are you talking about direct money deletion? It seems like you somewhat agree that taxation as a form of government revenue in order to balance books and pay for things is a complete farce, which should be plainly obvious at this point anyways. So with that in mind, if we view taxes as purely a means of deleting money from entities you want to delete money from, are you standing by deploying it for that purpose?

I'm not sure that with the condition of the current system I can be convinced anymore that tax has any purpose as a way for the government to pay for things. That ship sailed long ago, I can't conceive of any line of reasoning that stands up to scrutiny based on that side of the aisle. At this point the only argument for taxes I see left is, as you suggest, to use them purely as a money-burning mechanic on targeted entities. Although like the bulk of comments around here I find that prospect crippled by the standard problem of entities being good at avoiding the targeting: try to delete the rich's money however you want, whatever definition you use you'll find the rich people/corporations don't qualify for it.
 
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