By: Smedleyman
"If it helps put it in perspective, in the 40's and 50's, the top marginal rate was 90%." And the middle class was doing so poorly back then. If I remember correctly, you could have one person working...
View ArticleBy: turgid dahlia
According to the Ayn Rand Center for Individual Rights, sales of Atlas Shrugged hit an all-time high last year, and have "almost tripled" in the first seven weeks of 2009 against last year. That's only...
View ArticleBy: five fresh fish
I was thinking more that dollars paid for an operation probably go more to the insurance company than the doctor. But even then, I suppose it's not actually out of circulation: insurance companies...
View ArticleBy: delmoi
And what's the matter with taking money out of circulation? It increases the value of the money that's left. That seems like a good thing. And if it was taken out of circulation by, say, paying to...
View ArticleBy: delmoi
And what's the matter with taking money out of circulation? It increases the value of the money that's left. That seems like a good thing.Deflationary Spiral, Liquidity Trap, and let's throw in Paradox...
View ArticleBy: CKmtl
Michelle Malkin, Whoopi Goldberg, and Ayn Rand walk into a bar. After lining up three pints, the bartender nods at a discarded newspaper. "So, how about those taxes?" Malkin leaps up: "I can't stand it...
View ArticleBy: organic
You mean all the managers are going to take off? Good, maybe I'll finally be able to get something done.
View ArticleBy: Cool Papa Bell
And what's the matter with taking money out of circulation? It increases the value of the money that's left. That seems like a good thing. Right up until you want to sell something to someone that's...
View ArticleBy: five fresh fish
Maybe the Federal/State government balance needs to be organized such that States with >10M people are far, far less restricted/behold to the Feds than States with <10M. When you've got 10M...
View ArticleBy: five fresh fish
And what's the matter with taking money out of circulation? It increases the value of the money that's left. That seems like a good thing. And if it was taken out of circulation by, say, paying to...
View ArticleBy: caddis
And I reject your assertion that taxation takes money out of the economy. The way I see it, every bond that is sold is a tax that should have been paid. If all that tax dollar does is go to lower the...
View ArticleBy: troy
You can debate whether or not their objections are valid but the fact is they perceive it as such and some are acting on it. Doctors are an interesting case. I'm torn between the a)...
View ArticleBy: webhund
Yes, Whoopi, let's go back to the good old days. At most, the top tax rate will go up approximately 5% and this makes you decide to take your ball and go home? Fine, under the capitalist theory you...
View ArticleBy: tenmuses
To all who would "Go Galt", I say do it. Drop out of society and play golf. Better yet, go on a round-the-world golf tour. Tune in, turn on, and drop out. Take yourselves out of the equation. Make it...
View ArticleBy: jeffburdges
Why don't we immediately end Bush's temporary elimination of inheritance tax? And plug other tax loopholes like fff proposes.
View ArticleBy: troy
However, Obama should not be raising taxes on anyone at this time. We are in a recession that looks increasingly like it might become a depression and he wants to raise taxes? in 2010. He just proposed...
View ArticleBy: jeffburdges
I feel the government should use taxes to equalize that which most needs equalization, namely corporations. I'd propose eliminating most individual income tax in favor or a hybrid sales tax and...
View ArticleBy: bjorkbjorkbjork!
Dear weirdly Christian John Galts, Don't let the door hit your asses on the way out. PS: I hear Ragnar Danneskjöld has been active off the coast of Somalia -- you guys should totally go there!
View ArticleBy: five fresh fish
I suppose that before raising taxes on the highest incomes, it'd be smart to plug the tax loopholes.
View ArticleBy: Brian B.
Can anyone really argue that people in the highest tax brackets are more important to society than those in the lower ones? Good point. In a demand economy like ours, taking money from the poor at any...
View ArticleBy: damn dirty ape
Whoopi: I can't imagine what somebody who's just living, literally, paycheck to paycheck is going through. The idea here is that you (rich) pay more so they (poor) pay less. Suck it up.
View ArticleBy: tehloki
Does anyone have that condensed version of Atlas Shrugged that somebody posted in the comments awhile ago? Not the McSweeney's version re: the financial crisis.
View ArticleBy: damn dirty ape
And there were. like, a whole 20 people who showed up. Some of whom wore poop hats. That's all kinds of crazy there. Incredible. I love the guy with the half-assed "GOLD IS MONEY" sign. The revolution...
View ArticleBy: kldickson
Let's call whine-one-one, she needs a wahmbulance to take her to the wahspital.
View ArticleBy: Mick
The problem is that the rich & powerful are not truly afraid of the poor, they are merely uncomfortable around them.
View ArticleBy: delmoi
Her complaint about the death tax is idiotic. Of course the money gets taxed twice, It gets taxed for every transfer between two people! Two people, two tax events! If money is transferred between ten...
View ArticleBy: orange swan
So, what happens when the heart surgeons, dentists, litigators, and people who employ 10 or 20 other people in their mid-size businesses decide that they don't want to pay for the excessive, pointless...
View ArticleBy: jonmc
If I recall correctly, Whoopi grew up in the Chelsea Houses project in Lower Manhattan. What does she think paid for that? There's plenty of legitamite crtiticisms of the public housing system...
View ArticleBy: octothorpe
Can anyone really argue that people in the highest tax brackets are more important to society than those in the lower ones? I'd much rather live in a country without over-paid actors, athletes and...
View ArticleBy: Blazecock Pileon
If higher taxes dissuade this genius from making Sister Act 3: Operation... Bad Habit then Obama has done his job.
View ArticleBy: caddis
Going Galt? What a ridiculous charge. Raise taxes back to 90% or so and perhaps, but what really happens is that energy that could have gone to productive use just gets funneled into finding tax...
View ArticleBy: Goofyy
Wow. Talk about misrepresenting what Whoopi said. She said she didn't mind paying higher federal income tax. Does that sound like "John Galt"? What she said, was she didn't like the idea of being hit...
View ArticleBy: Talanvor
Oh ya. I'd put a rough estimate of 50% of the people I offer overtime hours to refusing because they "don't want to get into a higher tax bracket" or because "the goverment will just take it all in...
View ArticleBy: permafrost
This looks like more than a coincidence. This is now a very serious charge. It also looks, somewhat creepily, like the plot for an as-yet-unwritten James Ellroy novel.
View ArticleBy: JHarris
And my opinion of Goldberg has declined severely. Now now. I hear she was great in that movie where she plays a cop whose partner is a talking dinosaur. As for them "going Galt," well, they're...
View ArticleBy: troy
to keep the knives of the poor away from your throat unfortunately, this is not the moral highground, and politicians win by motivating people to identify their cause with the moral highground -- cf....
View ArticleBy: troy
but takes extra effort to make sure that money goes to the things that help more people make more money. The more more-productive people, the fiscally-better-off the country. This echoes what I believe...
View ArticleBy: Mitheral
"Can she, or we, really be that stupid?" Oh ya. I'd put a rough estimate of 50% of the people I offer overtime hours to refusing because they "don't want to get into a higher tax bracket" or because...
View ArticleBy: Pope Guilty
If you're a billionaire, the fact that your first $164k of income is taxed at an aggregate of 24% doesn't really make up for the fact that the rest of it is taxed at 33% and 35%. If you're a...
View ArticleBy: PeterMcDermott
I'd like to see those poopy heads wearing some *real* poop hats. I'd be happy to chip in with some poop for them.
View ArticleBy: troy
I do not see why a Good Republican can't promote government provision of public opportunity Truman, and later Eisenhower, appointed Hoover himself to review the postwar New Deal state. This was before...
View ArticleBy: louche mustachio
I do not see why a Good Republican can't promote government provision of public opportunity: Because then they'd be socialists, apparently. *facepalm* *headdesk* *fistdrywallholeSHIT*
View ArticleBy: louche mustachio
Whoopi Goldberg — Salary: $7,000,000 for Sister Act 2: Back in the Habit (1993) And apparently her salary for The View is 2,000,000 a year. Not because she's smarter, or better, or more talented, or...
View ArticleBy: Smedleyman
Let 'em take a walk. More jobs for everyone else. This all seems predicated on the idea that we're a pure meritocracy. We're not. I mean - Whoopi Goldberg? She's a talented individual. Ok. But she's a...
View ArticleBy: ubernostrum
You know, I've always wondered, and my Rand-loving friends never care to answer... Who cleans the septic tanks in Galt's gulch? Which of the billionaires, geniuses and captains of industry goes around...
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