Talk of The Villages Florida - What's The Difference Between A Socialist And A Democrat?

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Posted by Guest (Post 1095731)

What is the effective corporate tax rate in the US? Is that the highest in the world?
The minimum wage rate hasn't been changed in many years. The current minimum wage doesn't even get working people in many places in the US to substance level. The Earned Income Credit brings people to substance level. When the government has to get working people to substance level, that is corporate welfare. Click! Click! Click! Click!

You can't be suggesting that lowering the minimum wage will bring back jobs to the US. That doesn't click. The difference wasn't one or two dollars an hour in pay. You are talking about paying people in the US one or two dollars an hour. That is a five dollar an hour cut in pay here. China houses some of their workers at the work site, and then fences them in. You pay people one or two dollars an hour here, and they can't get back, and forth to work on that money.

Wal*Mart and several other larger companies have seen the light, and are going to be paying their full time people a living wage. The increase in pay will be implemented over several years.

Where have I ever suggested that Socialism is the way to go? You keep on dealing in absolutes. That are no absolutes in Capitalism, Socialism, or Communism. China is a perfect example of that. They are adopting Capitalist views concerning their economy. The market is setting production levels not the Communist government.

You want to talk about making a country unproductive lately capitalism has done that job for socialism.

How productive can people in this country be, when many of their good paying jobs have been shipped overseas by capitalists? To make matters worse, the capitalist legally keep their money overseas to avoid paying taxes. They move their corporate headquarters overseas to avoid paying taxes. Capitalist in this country are hurting this country.

That is the entire statement. Maybe I didn't make my point clear, I will except that. However the premise was Capitalist moved their good paying jobs overseas due to the lower wages overseas. I thought that was a given. Avoiding paying taxes was a side benefit.

America had the highest corporate tax rate in the world in 2014. I'm not sure about 2015. Marginal tax rate? I believe America was third in the world, less than the top two by .9% and .1%. Not much.

"Good paying jobs....shipped overseas..." ?? That's funny, and ridiculous.

"Capitalists are hurting this country" ??? Nope, it's the gov infringement that is hurting this country. They wouldn't be moving overseas if not for the strict gov regulations and tax rates. The opposite of capitalism is nationalism, which is kin to socialism. Your socialism would stagnate the economy and ambition.

Lower/higher minimum wages? Sorry, I don't believe the gov should dictate minimum wages. I think the economy and private enterprise should. Supply and demand should. Why should the gov get involved in your employment anyway? Minimum wage jobs aren't meant to subsist on. Most of them are part-time jobs anyway, for students and retirees.

You might even want to address the fact that we have to import foreign workers into our country for talent because our kids are too lazy to learn the job skills for technical employment.

Blaming a deficient economy on capitalism is ludicrous. Especially, when that economy is hindered by the inception of socialistic principles forced on us by gov infringement.

Can the tax system be improved upon. Yep.

It's real easy to blame the wealthy for one's lack of success or motivation. If not for those wealthy investors, we wouldn't have the great lifestyle we live. As a matter of fact, most of the world enjoys the fruits of the wealthy.

Leave capitalism alone and let it bloom, and we'll all be better for it. Even the so-called poverty level folks. The ones that have cable TV's, Internet, AC, cell phones, etc. That's real poverty,ha,ha.