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iamrefreshed
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Be honest with yourself, you don’t want to see the similarities. That’s why you ask these questions. Hey, that’s fine.
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stinkcat_14
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Tell me what the similarities are. I have a leave that benefits my institution. If it did not benefit them, they would never have approved it. It did not cost my institution anything and it actually provided them benefits at no cost. If government workers benefited their agencies at no cost that would be a good thing wouldn’t it?Be honest with yourself, you don’t want to see the similarities. That’s why you ask these questions. Hey, that’s fine.
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iamrefreshed
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I like that one! So you are saying the govenment approved SS because it benefits the government!
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InigoMontoya
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Kinda like having the government hold your job safe and secure as you test the waters in the private sector? This way you can have the best of both worlds while gaming the system!
Pot meet kettle.
I’m really a bit
about what relevance this all has with this thread?
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iamrefreshed
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Nothing really. It’s an old discussion. Sorry, I’ll stop.I’m really a bit
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InigoMontoya
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Of course not, but it’s easier to grab from there than to log in and scour through a handful of economic journals, and they still provide sources. They’ve been widely credited for predicting those recessions, albeit to a great extent that is viewed as the principal benefit of that view of economic thought. With it having limited value elsewhere - according to many. That’s all the besides the point though, because a random comment shouldn’t deviate from the core of the thread topic.
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InigoMontoya
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Personally I think the article is more than a bit misleading. If a one-off (although I’m uncomfortable with that description) tax on assets held by millionaires was levied, it serves no purpose other than political rhetoric to attempt to include that into their effective tax rates.
For what it’s worth, it’s possible and even possibly tax advantageous, for an investor in America to experience something similar. Particularly if their sole income is investments, and they’re taking some long positions.
All that being said, France’s taxation is simply out of hand IMO.
For what it’s worth, it’s possible and even possibly tax advantageous, for an investor in America to experience something similar. Particularly if their sole income is investments, and they’re taking some long positions.
All that being said, France’s taxation is simply out of hand IMO.
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stinkcat_14
Guest
You really have no clue about what you are saying don’t you? What I am saying is that my employer, has at its discretion, the ability to approve a one year leave of absence. Of course, I am not purely entitled to such a leave, the employer must approve of it and has the ability to say no. So if the employer approved it, it is likely to be a good deal for the employer. The other possibility is that I am in good with the President and he or she approved it to help out a buddy. Are you arguing the latter is the case?
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stinkcat_14
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We could impose a wealth tax that might tax someone like Warren Buffett at twice his actual income and still have little effect on behavior. Mainly because in the US we do not tax unrealized capital gains. Suppose Warren Buffett earns $3 million in taxable income, and his stock holdings increase by $3 billion. If we taxed him $6 million, would he sell his stock holdings? Most likely not. Not saying the idea is prudent though.
On the other hand, if you want a fancy house in France, you can get a nice deal now. Real estate in France is particularly attractive now to the non-Frenchmen.
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Ridgerunner
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Real estate values require people to use the real estate, and reasonable protection of property rights. I would say Europe is not the best deal right now, given that the native birth rates are very low and the birth rates of people with non-western ideas’ birth rates are high.
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stinkcat_14
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I would say that in general you might be right. But I was talking about the high end of the market, which is less a function of demographics and more a function of the number of wealthy people who want a home in France, but are not subject to its taxation.
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markomalley
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At this point , the question is not whether our not three should be social security our Medicare. They both exist and are part of society. The question should be how to put the genie back into the bottle.
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scipio337
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Liberté, égalité, fraternité!!
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ProVobis
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Bernanke supposedly seems good with the idea that his $2 trillion of printed money sitting with the 12 member Fed banks plus an added $85 billion each month will translate into more personal borrowing and expansion of the economy. The stock market so far is believing him.
What’s interesting, though, is that even though Congress extends the debt ceiling, Bernanke still has the authority to extend the debt by himself if he feels justified in doing so. At least that is my understanding.
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ProVobis
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Hmmm. Wouldn’t a true conservative (as in “Cool, Cool Conservative Men” from 1776) be one who’d be okay with still paying taxes to King George?
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GEddie
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Sometimes wars are fought on behalf of later generations (so they can have “freedom” instead of “tyranny,” or can obtain “lebensraum”, etc.
Arguably, every monarchy fights for the future generations of its dynasty, whether for glorification or just survival.
And war always involves the older (ruling) generation ordering the young generation to die for its interests.
So yes, it CAN be moral to make later generations pay for war. It isn’t automatically so, however.
ICXC NIKA
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ProVobis
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Having to “pay as you go” on war matters, however, can have an effect on whether that war is waged in the first place.
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GEddie
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As long as the state has a blank check on life and body of its citizens, money will be a secondary concern.
I know of no instance where a war was averted because of questions over the nation’s ability to finance it.
ICXC NIKA
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ProVobis
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When they imposed a 10% surtax to start financing the Vietnam War, it sure woke a few people up. The draft itself brought on only so much protest.
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CrossofChrist
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3. With respect for the responsibilities and competences of all, the Catholic Church desires to offer society a specific contribution towards the building of a world in which the great ideals of liberty, equality and fraternity can form the basis of social life, in the tireless pursuit and promotion of the common good. - Bl. Pope John Paul II
In the name of respect for human rights, in the name of liberty, equality and fraternity, in the name of solidarity among mankind and in the name of love, I cry out: Do not be afraid! Open the doors to Christ! Without Christ it is impossible to understand man. - Pope JPII
*‘‘Liberty, equality, fraternity’’ was the motto of the French Revolution. ‘‘In the final analysis, these are Christian ideas.’’ (The role that the idea of liberty, equality and fraternity plays in your culture is well known. At depth, they are Christian ideas.) * - John Paul II
At the same time, something new was fermented: lively ideas, coinciding with the great principles of the Revolution, which did nothing more than appropriate certain Christian ideas: fraternity, liberty, equality, progress, a desire to raise up the humble classes. - Pope Paul VI
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