News: France 75% millionaire tax
- Thread starter Wicked Ice
- Start date
Willing to bet my lifetime tax liability eclipses your lifetime earnings by a margin of at least 2:1.
I've personally created dozens of full-time jobs over the last 5 years.
The people that filled those positions worked for me and were able to earn paychecks because I seized on what happened to be a good opportunity at the right time and I was able to get enough capital into the game to be able to make it work.
Now, all of those people who worked for me could have done the same thing I did...if they had identified the opportunity, calculated the risk, and been able to push enough money towards it fast enough to capitalize on the situation.
None of them did though, and it's not because they didn't have the ideas or the opportunity. They lacked capital, and without that, nothing happens.
So while your working class hero bullshit might play well among your liberal friends, it offends me deeply, because I've actually created jobs and I know what it takes to do that, and it's a lot more substantial than a "can do" attitude and a fucking shovel.
Have to disagree with you on that one economic research doesnt support that hypothesis.
Most the economic researches and theories are bull.
From the left, right and whatever position.
They all failed in the last century in one or more areas.
The reality showed that the economic theories are exactly what they are named: Theories. And they missed. All.
Guys, we can simulate in computers the weather on a high degree, the move of stars and even the nature of the universe.
We can break up matter in CERN in its smallest parts and simulate their behaviour. The data which are there generated per second are so much that also google would not easily deal with that.
But as long guys like you, sitting for a computer and doing research for keys, SEO and stuff believe a so called "Science" named economy that it is not possible and not usable to use working and determinated computer models to part the right from the false in the economy - then everyone will believe then.
You really believe that the USA is not able to create a working model of the economy and show at last in a usable way what and why things work?
Economy is driven by the same as religion - believe and politics. Its a fight of poitical and idiologic groups. There are to many people and powerts which have no interest in a true model because the current state allows them go get rich, to collect power or simply force their view of reality.
I give a shit on socialist, communist or right thing tank. Show me what you want to do, kick that in the model and lets see how it works out.
But as long the right wing threads the economy in the way as the left wing - as a believe which needs no fundamental proof, as long you should not be surprised we all end up in communism. Even they proofed themself as idiots.
From the left, right and whatever position.
They all failed in the last century in one or more areas.
The reality showed that the economic theories are exactly what they are named: Theories. And they missed. All.
Guys, we can simulate in computers the weather on a high degree, the move of stars and even the nature of the universe.
We can break up matter in CERN in its smallest parts and simulate their behaviour. The data which are there generated per second are so much that also google would not easily deal with that.
But as long guys like you, sitting for a computer and doing research for keys, SEO and stuff believe a so called "Science" named economy that it is not possible and not usable to use working and determinated computer models to part the right from the false in the economy - then everyone will believe then.
You really believe that the USA is not able to create a working model of the economy and show at last in a usable way what and why things work?
Economy is driven by the same as religion - believe and politics. Its a fight of poitical and idiologic groups. There are to many people and powerts which have no interest in a true model because the current state allows them go get rich, to collect power or simply force their view of reality.
I give a shit on socialist, communist or right thing tank. Show me what you want to do, kick that in the model and lets see how it works out.
But as long the right wing threads the economy in the way as the left wing - as a believe which needs no fundamental proof, as long you should not be surprised we all end up in communism. Even they proofed themself as idiots.
Apparently the ones YOU have seen are. Lulz...
Look into the Austrian School bro, they predicted so many things like housing bubbles far in advance and shit that your head would spin fully off.
The problem is that they are intentionally kept from the mainstream view by a propoganda device called the mainstream media. The "Left and Right" position economic theories you have been fed are just political tools publicized to keep the little guy stupid.
Let me ask you this question:
If a person goes out and becomes successful with their business after many years of hard work, is it reasonable to take away 2/3 of their money?
If that was to happen to me I would fold the company and become a Democrat. That's right I would then let the government support me with all the giveaway programs that tax was intended to pay for.
thanks. its been too long since I've had a decent reason to neg rep someone :ak:
The truth is that it isn't about middle class vs rich. Those are meaningless distinctions in results, rooting out from very meaningful distinctions in lifestyle; The poor and middle class are consumers and the rich, aside from a few Paris Hiltons in the world, are producers.
I've created several dozen jobs since getting in to business a few years ago. I've also lost some jobs in that time as well for businesses that just didn't pan out long term. I made some poor decisions and failed in some plans because of them, but ultimately succeeded through systematic chance taking and a focus on producing. But none of the people I've hired or let go created any jobs at all themselves. It's easy to bitch and complain about things you've never done yourself.
All the businesses I've started produced something that others consumed. I consume shit too -the difference is I produce more then I consume which allows me, when I want to, to consume large.
Out of all my friends I was the last person to have a car -any car. I mean years late. They knew I was doing 6 figures and asked me why the fuck I don't get and drive a car when I can obviously afford it. Am I mentally all there? I told them because it costs me too much to buy a car when I could invest the 50k it'd cost me for a decent car to make 150k a few years later. I could reinvest that 150k to make 400k later -not when I'm 60, but in 2-5 years through aggressive investment in to systems of production. That didn't compute. Consume a little now, go broke later is the common motto it seems. I say produce a lot now to consume large later.
I talk to my mom about this -she doesn't like rich people. Forget for a second that I give her a 2k per month allowance because shes 60 and completely broke and indebted. Usually I'm able to get to the point with her about producing vs consuming. "The rich produce. The consumer pays for their riches. They didn't steal money, you, consumers, literally give them the money they now own in exchange for their produce. So what's wrong with them being rich?"
This is where her next logical contortion starts; scale. "OK, you're right, they produced something and got rich. But they can't spend 5-10 billion dollars anyway, are we just going to give them all the money in the world because they made something once? Are we going to let their kids, grand kids and every ancestor of theirs live disgustingly rich and easy for the rest of times because their dads had a good idea?"
I say why the hell not? You PAID them.
This is the problem with the idea of middle class vs rich. It's not. It's consumer vs producer. The middle class indeed drives the rich through consumption, but consumption is a natural byproduct of LIFE. The difference is they produce nothing.
I do think we have a layer of people in high finance who produce squat. But they are small portion of the rich, though the most powerful of them because they have poisoned our government and that's not conspiracy BS. I'm not for any kind of business lobbying in Washington because ultimately it leads to a screwed up, sick and schizophrenic government like the one we have today.
But the rich aren't the problem. Blind consumers who don't produce squat but then complain when they get run over are.
I've created several dozen jobs since getting in to business a few years ago. I've also lost some jobs in that time as well for businesses that just didn't pan out long term. I made some poor decisions and failed in some plans because of them, but ultimately succeeded through systematic chance taking and a focus on producing. But none of the people I've hired or let go created any jobs at all themselves. It's easy to bitch and complain about things you've never done yourself.
All the businesses I've started produced something that others consumed. I consume shit too -the difference is I produce more then I consume which allows me, when I want to, to consume large.
Out of all my friends I was the last person to have a car -any car. I mean years late. They knew I was doing 6 figures and asked me why the fuck I don't get and drive a car when I can obviously afford it. Am I mentally all there? I told them because it costs me too much to buy a car when I could invest the 50k it'd cost me for a decent car to make 150k a few years later. I could reinvest that 150k to make 400k later -not when I'm 60, but in 2-5 years through aggressive investment in to systems of production. That didn't compute. Consume a little now, go broke later is the common motto it seems. I say produce a lot now to consume large later.
I talk to my mom about this -she doesn't like rich people. Forget for a second that I give her a 2k per month allowance because shes 60 and completely broke and indebted. Usually I'm able to get to the point with her about producing vs consuming. "The rich produce. The consumer pays for their riches. They didn't steal money, you, consumers, literally give them the money they now own in exchange for their produce. So what's wrong with them being rich?"
This is where her next logical contortion starts; scale. "OK, you're right, they produced something and got rich. But they can't spend 5-10 billion dollars anyway, are we just going to give them all the money in the world because they made something once? Are we going to let their kids, grand kids and every ancestor of theirs live disgustingly rich and easy for the rest of times because their dads had a good idea?"
I say why the hell not? You PAID them.
This is the problem with the idea of middle class vs rich. It's not. It's consumer vs producer. The middle class indeed drives the rich through consumption, but consumption is a natural byproduct of LIFE. The difference is they produce nothing.
I do think we have a layer of people in high finance who produce squat. But they are small portion of the rich, though the most powerful of them because they have poisoned our government and that's not conspiracy BS. I'm not for any kind of business lobbying in Washington because ultimately it leads to a screwed up, sick and schizophrenic government like the one we have today.
But the rich aren't the problem. Blind consumers who don't produce squat but then complain when they get run over are.
The difference between us and them:
You get money and you get crazy.
I get crazy and I get money.
And the biggest difference between you and I is...
you love me
and I hate you
Lil Wayne.
You get money and you get crazy.
I get crazy and I get money.
And the biggest difference between you and I is...
you love me
and I hate you
Lil Wayne.
Add in the soccer players too. French teams will have a hard time attracting top stars unless they give the players high enough salary covering the taxes. It leaves them at a disadvantage with their european counterparts.
Not just that, along with this 75% tax was a cap on any government employee. They are capping the salaries of nuclear engineers, military personnel and anyone involved in a business that is owned by the government. Some of these jobs will be paying 1/2 to 1/3rd of what they are paying in Germany Switzerland and even the UK.
If you were a nuclear engineer, architect or other infrastructure type, would you be willing to 'take one for the team' and work in france for effectively 1/2 to 1/5th of the pay compared to say Germany?