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Political Conversation and Debate This forum is not a temporary one. It will exist up to, and after the presidential elections. Some people want to talk or even argue politics, others don't. Let's see if we can apply some reason and understanding to the debate.

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  #1051 (permalink)  
Old 05-17-2012, 01:46 PM
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Quote:
Originally Posted by NewYorkBuck View Post
To revive an old thread - for those who think very wealthy people wont leave the US to avoid higher taxes -

http://economy.money.cnn.com/2012/05...ever/?iid=Lead
only thing better than than the article is the comment section.. its outstanding.
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  #1052 (permalink)  
Old 05-17-2012, 01:47 PM
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Quote:
Originally Posted by NewYorkBuck View Post
To revive an old thread - for those who think very wealthy people wont leave the US to avoid higher taxes -

http://economy.money.cnn.com/2012/05...ever/?iid=Lead
I love it how butthurt Schumer and Casey are about him outsmarting the system. Good for him, why give them all that capital gains tax money, they'd just blow it anyhow
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  #1053 (permalink)  
Old 05-17-2012, 02:43 PM
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Quote:
Originally Posted by NewYorkBuck View Post
To revive an old thread - for those who think very wealthy people wont leave the US to avoid higher taxes -

http://economy.money.cnn.com/2012/05...ever/?iid=Lead
First, this guy isn't even an American, not really -- he's Brazilian. So it's not like he had any native loyalty to the USA. In that regard, he doesn't serve as a very usable example for how likely it is that the wealthy will flee the USA.

Second, the reaction of the Democrat pols is predictable; they're all about class warfare and bleeding the rich. And this guy has every right to do whatever the law permits him to do. With that being said, he's a greedy, weaselly little [censored] who I hope sinks rapidly into the sea.

Being lucky enough to be involved in the early days of Facebook ranks up there with winning the lottery when it comes to riches without talent or effort in my opinion. The USA doesn't lose much when this guy flies the coop.
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  #1054 (permalink)  
Old 05-18-2012, 09:03 AM
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Quote:
Originally Posted by MaxBuck View Post
First, this guy isn't even an American, not really -- he's Brazilian. So it's not like he had any native loyalty to the USA. In that regard, he doesn't serve as a very usable example for how likely it is that the wealthy will flee the USA.

Second, the reaction of the Democrat pols is predictable; they're all about class warfare and bleeding the rich. And this guy has every right to do whatever the law permits him to do. With that being said, he's a greedy, weaselly little [censored] who I hope sinks rapidly into the sea.

Being lucky enough to be involved in the early days of Facebook ranks up there with winning the lottery when it comes to riches without talent or effort in my opinion. The USA doesn't lose much when this guy flies the coop.
Max - I always like to read your stuff, but you're really reaching here.....

The original argument was about the economically productive/high earners leaving the US because of taxes. Here you have a US citizen doing just that. That he is "Brazillian" makes no difference. Heck, no one is "American" except for certain Indian groups. Guy was a US citizen, and left because of US taxes. End of story. If you think someone else with that much money to lose would willingly do so because they are more "American," then we need to talk about some Florida real estate.

Also, guy was involved with developing the largest social networking site on the planet. While I think almost all SN is economically useless, you simply cannot mark that up to just "luck."
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  #1055 (permalink)  
Old 05-18-2012, 09:24 AM
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Quote:
Originally Posted by NewYorkBuck View Post
Max - I always like to read your stuff, but you're really reaching here.....

The original argument was about the economically productive/high earners leaving the US because of taxes. Here you have a US citizen doing just that. That he is "Brazillian" makes no difference. Heck, no one is "American" except for certain Indian groups. Guy was a US citizen, and left because of US taxes. End of story. If you think someone else with that much money to lose would willingly do so because they are more "American," then we need to talk about some Florida real estate.

Also, guy was involved with developing the largest social networking site on the planet. While I think almost all SN is economically useless, you simply cannot mark that up to just "luck."
NYB, first, claiming that a second lieutenant at Facebook is one of the "economically productive" is correct to a point, but that point isn't very far away. The guy was phenomenally lucky, and luck plays the largest role in his newfound wealth. Had he never been born, Facebook would not be different today.

Second, the guy isn't leaving because of taxes in any ordinary circumstance, he's leaving because he's receiving a windfall and this is his way of avoiding the sort of payment that the rest of us would make and accept as a part of being a citizen. And as a Brazilian who clearly became a US citizen for convenience purposes, he's not much like those of us whose Americanness has nothing to do with convenience. He's proving that by renouncing his citizenship for nothing more than convenience purposes.

Are our taxes too high? Arguably yes, but taxes are high everywhere that government services rise above third-world levels. This guy is no argument that "people are likely to leave because of high taxes." His circumstances are nearly unique. Expect him to leave Singapore for convenience purposes sometime in the near future.
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  #1056 (permalink)  
Old 08-22-2012, 09:37 AM
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Wistfully recalling the days when I considered myself an independent and sometime Republican...

http://www.nytimes.com/2012/08/22/op...homaslfriedman
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  #1057 (permalink)  
Old 08-22-2012, 10:43 AM
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Quote:
Originally Posted by cincibuck View Post
Wistfully recalling the days when I considered myself an independent and sometime Republican...

http://www.nytimes.com/2012/08/22/op...homaslfriedman

Shut up, you damn liberal. Either you're for the platform (link below) or you're against it

http://www.tampabay.com/blogs/the-bu...abortion-plank
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  #1058 (permalink)  
Old 08-22-2012, 11:25 AM
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Quote:
Originally Posted by cincibuck View Post
Wistfully recalling the days when I considered myself an independent and sometime Republican...

http://www.nytimes.com/2012/08/22/op...homaslfriedman

I have noticed that our two party system has devolved into the following -

1 - Dem - socially liberal, fiscally extremely liberal

2 - Rep - socially conservative, fiscally liberal.


As a libertarian, this does not leave me with many good options.....
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  #1059 (permalink)  
Old 08-22-2012, 11:31 AM
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Quote:
Originally Posted by NewYorkBuck View Post
I have noticed that our two party system has devolved into the following -

1 - Dem - socially liberal, fiscally extremely liberal

2 - Rep - socially conservative, fiscally liberal.


As a libertarian, this does not leave me with many good options.....
Nor for socially liberal, fiscally moderate to progressive...
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  #1060 (permalink)  
Old 08-23-2012, 06:29 PM
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Quote:
Originally Posted by cincibuck View Post
Wistfully recalling the days when I considered myself an independent and sometime Republican...

http://www.nytimes.com/2012/08/22/op...homaslfriedman
The success of the Tea Party has made it practically impossible for any Republican to engage in compromise with the Democratic Party.

I would actually look forward to and be very entertained by a Romney Administration that has to fight his own party to get anything accomplished - assuming, of course, that the Tea Party will continue to hold their principles with a Republican President. All too often though it just turns into even more spending coupled with irresponsible tax cuts. (See Bush)
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  #1061 (permalink)  
Old 08-24-2012, 12:40 AM
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Quote:
Originally Posted by BusNative View Post
Nor for socially liberal, fiscally moderate to progressive...
What on god's green earth does "fiscally progressive" mean?
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  #1062 (permalink)  
Old 08-24-2012, 01:16 AM
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Quote:
Originally Posted by AKAK View Post
What on god's green earth does "fiscally progressive" mean?
It means he spends too much but he feels bad about it.
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  #1063 (permalink)  
Old 08-24-2012, 01:22 AM
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Pretty sure Congress spends the money, not the President. Go there always for blame on spending.

President has little impact on economy honestly other than inspiring consumer confidence with his leadership abilities.
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  #1064 (permalink)  
Old 08-24-2012, 01:45 AM
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Quote:
Originally Posted by NewYorkBuck View Post
I have noticed that our two party system has devolved into the following -

1 - Dem - socially liberal, fiscally extremely liberal

2 - Rep - socially conservative, fiscally liberal.


As a libertarian, this does not leave me with many good options.....
Do you ever vote Libertarian? I guess based on where you live I can see why you wouldn't right now, but would you ever?
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  #1065 (permalink)  
Old 08-24-2012, 09:11 AM
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Quote:
Originally Posted by BusNative View Post
Shut up, you damn liberal. Either you're for the platform (link below) or you're against it

http://www.tampabay.com/blogs/the-bu...abortion-plank

Right....because the Democratic party is so very open-arms to pro-life individuals.
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