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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (81478)	10/16/2011 6:57:07 AM
From: Metacomet	Read Replies (4) \| Respond to of 218310

Par for the course. The Ayn Rand cult beliefs will usually color all economic notions with a free pass for the wealthy. They "deserve" their wealth and everybody else is a commie....... csmonitor.com (special for Jay) bloomberg.com

To: Cogito Ergo Sum who wrote (81478)	10/16/2011 7:28:36 AM
From: Haim R. Branisteanu	7 Recommendations Read Replies (2) \| Respond to of 218310

How income and income tax distribution can be easily resolved if there is a political will. 1. Federal VAT of let say 8% to 10% (luxury and expensive items will rise the most) which will increase manufacturing within the US and generate more jobs. ( exempt from VAT, food, books, PC and Tablets, utilities, internet, telephone etc.) 2. Progressive capital gain taxes on existing stocks, on Hedge Funds and LBO firms (not on IPO or VC investments) similar to income tax. 3. Financial Transactional tax of 0.1% to 0.2% will increase temporarily volatility but markets will adjust WS firms will suffer most. 4. Limits on tax deduction of mortgage interest. Let’s say a gradual limitation starting from $500,000 or so. 5. No increase in the top income tax rate as it is counterproductive and generates more tax evasions schemes 6. Corporate dividends paid regularly should be tax free income as taxes where paid already. Will eliminate the cash hoarding by corporation which later will ask for a “tax holiday” to bring the money home. Other ideas are welcome

To: Cogito Ergo Sum who wrote (81478)	10/16/2011 2:40:04 PM
From: Ilaine	Read Replies (2) \| Respond to of 218310

Mother Jones is pulling a fast one, by lumping in every decile below top 10%, e.g, every level from 89% on down, from someone earning $164,646 to someone earning zero, and averaging that. Just as useless a statistic as taking income from everybody including Bill Gates and Warren Buffet to a 100 year old on a ventilator in a nursing home and averaging THAT. The most useful tool for looking at US income levels comes from looking at the median, not the mean. Median is more likely to throw out the outliers like Gates and Buffet. Wikipedia has a good article on median household income. en.wikipedia.org

To: Cogito Ergo Sum who wrote (81478)	10/16/2011 2:47:10 PM
From: Follies	Read Replies (1) \| Respond to of 218310

I think if you combine a couple of those charts you get that the top 50% of the US is also the top 1% of the world. I think we need to redistribute their wealth to the 99% in the rest of the world.

To: Cogito Ergo Sum who wrote (81478)	10/16/2011 5:01:57 PM
From: Maurice Winn	2 Recommendations Read Replies (3) \| Respond to of 218310

Wow, look at those graphs BS. The money should be taken away from you Canadians and Americans and given to the Africans and Asians on 99%er principles. The greedy Canadians and Americans have taken all the money which rightfully belongs to the Africans and Asians. But no doubt the 99ers wouldn't go that far in the redistribution of the wealth. It really is laughable seeing the envy and desire for opm. They seem not to be aware of the outcome of the same fervour in Revolutionary Russia and Mao's Maelstrom. Mqurice