Donald Trump supports one Tim tax on the rich to pay off national debt

[crockett]

Trump proposes massive one-time tax on the rich


Lols he's a socialist after all, he wants to redistribute the wealth from the rich and let the 1%ers pay off the national debt...













Oh my.. How much Republicans have changed since 1999..

[TheSquealer]

So... uhm... one guy with a big mouth and a microphone says something and you then conclude that is a symptom of 1/2 the voting population of the United States "changing"

You really spend a great deal of time reaching and reaching and reaching when it comes to attempting to malign half the voters of the nation. But then again, no one will ever say you're not the perfect team player.

[crockett]

Originally Posted by TheSquealer

So... uhm... one guy with a big mouth and a microphone says something and you then conclude that is a symptom of 1/2 the voting population of the United States "changing"

You really spend a great deal of time reaching and reaching and reaching when it comes to attempting to malign half the voters of the nation. But then again, no one will ever say you're not the perfect team player.

Please continue on with the excuses of why it's ok that he's is a socialist whom wants to make the 1% pay off the national debt..

I bet if Hillary had said the same you would be reaching for the pitch forks..

[TheSquealer]

Uhm... "continue..."? I didn't make any excuse for anyone. You just fabricated an entire partisan narrative complete with politically partisan talking points/arguments in your mind and began to argue it as if there was another party to the argument.

You are one of the best team players ever. An independent and free thinker that just happens to share the same exact independent and free thinking views as 1/2 the voting population. You're unique and clever just like the other 100,000,000 crocketts out there.

[crockett]

Originally Posted by TheSquealer

Uhm... "continue..."? I didn't make any excuse for anyone. You just fabricated an entire partisan narrative complete with politically partisan talking points/arguments in your mind and began to argue it as if there was another party to the argument.

You are one of the best team players ever.

You are bad at this..

[ClaireMonroe]

It's never just "one time." No one has learned that yet. It doesn't matter who says it. Taxes, control, etc etc etc just keep on getting worse and worse. They never remove what has been done, just release different horrid versions of it depending who is screwing it up this time.

[TheSquealer]

Originally Posted by crockett

You are bad at this..

Of course, without someone arguing common conservative talking points and arguments so you can rebut with common liberal talking points and arguments, you have nothing to say. It's boring and pointless. You've changed zero people. Zero people will change you. So why bother if its not just to make yourself feel better about being you.

[Brad Mitchell]

Looks like a solid idea to me.

Brad

[baddog]

If his numbers are correct, why not? Then, implement a 10% flat tax on everyone and it will be better than the days of Clinton.

Blowjobs and all.

[Mutt]

It's not a terrible idea, you let people who have the drive and skills make their fortunes, become richer than 99.9999% of the world's inhabitants, then when their country needs them you take 14.5% from them, they remain very rich, if you're going to bitch that you're only worth $85.5M and not $100M you're just a ridiculous greedy fucker.

This isn't the 1% that would be tapped, that article is from 1999, 10 million then is probably now 15 million - the percentage of people worth 15M is a small percentage of the top 1%.

My philosophy is government shouldn't get in the way of the risk takers and job makers, but it's under the understanding that when you make it big you have a responsibility to give back.

[Robbie]

The article also states that Trump at the time was considering a run as the candidate for the Reform Party.

He was also a Democrat.

So crockett's delusional last sentence about Republicans isn't even applicable to the whole concept of what Trump was saying 16 years ago.

Also the national debt wasn't almos 20 TRILLION dollars.

I think Trump's current stance is the correct one: We need the companies that are outsourcing everything to bring those jobs back to the United States.
More jobs, broader tax base, good economy.

It's not rocket science...or crockett science.

[Barry-xlovecam]

Well that came out of left field (pun intended) ... Actually, it's very populist ...

Trump, a prospective candidate for the Reform Party presidential nomination, is proposing a one-time "net worth tax" on individuals and trusts worth $10 million or more.

1999 is the date
November 9, 1999
Web posted at: 6:24 p.m. EST (2324 GMT)

So is that Trump's ''hidden agenda'' intention, is that still there? Or, is it a Trump flip-flop?

King Trump Troll strikes again -- political comedy for the masses

[baddog]

Originally Posted by Barry-xlovecam

Well that came out of left field (pun intended) ... Actually, it's very populist ...



1999 is the date
November 9, 1999
Web posted at: 6:24 p.m. EST (2324 GMT)

So is that Trump's ''hidden agenda'' intention, is that still there? Or, is it a Trump flip-flop?

King Trump Troll strikes again -- political comedy for the masses

I was just wondering, do you live in the NL or the US because you have a very interesting thought process, or lack thereof.

I don't know how old you are but a lot has changed in 16 years. Hell, even Trump was a Democrat.

The economy was doing great and the $5 trillion debt seemed like a big deal that could have been eliminated then. Afraid those numbers have likely changed due to crockett's cronies.

[Barry-xlovecam]

Originally Posted by Robbie

[I] think Trump's current stance is the correct one: We need the companies that are outsourcing everything to bring those jobs back to the United States.
More jobs, broader tax base, good economy. ...

Trump Collection Shirts made in America with American wages might cost $400.00. Your computer would cost 2 or 3 times the price made with American parts and assembled with American wages.

Exactly how will that benefit you, and more importantly, how will that effect the prices of the products you sell?

The new NAFTA workers will have to be AI robots to replace the labor costs of the third world. You don't even consider the economic damage this 'made in America' thinking will cause in the third world. Millions and millions starving in the third world will create more global instability when the only employment opportunities are wars

In cases where made in America products are a quality/value decision made in America products are my choice -- like Crescent Tools pliers and wrenches -- even at 2 or 3 times the price of imports they are a better value.

[Barry-xlovecam]

Originally Posted by baddog

I was just wondering, do you live in the NL or the US because you have a very interesting thought process, or lack thereof.

I don't know how old you are but a lot has changed in 16 years. Hell, even Trump was a Democrat.

The economy was doing great and the $5 trillion debt seemed like a big deal that could have been eliminated then. Afraid those numbers have likely changed due to crockett's cronies.

I live in the United States, we have offices in 4 countries including corporate offices and a holding company in Rotterdam, so I guess that makes me global. I am a US citizen, I am 60 years old in a week, and have owned equity interests in my business ventures for 35 years. I have worked with European business entities for 15 years now. My IQ is tested at 128 to 132. No problems with my thought processes but then I see through most of the bullshit and simpleton thinking.

[crockett]

Originally Posted by Robbie

The article also states that Trump at the time was considering a run as the candidate for the Reform Party.

He was also a Democrat.

So crockett's delusional last sentence about Republicans isn't even applicable to the whole concept of what Trump was saying 16 years ago.

Also the national debt wasn't almos 20 TRILLION dollars.

I think Trump's current stance is the correct one: We need the companies that are outsourcing everything to bring those jobs back to the United States.
More jobs, broader tax base, good economy.

It's not rocket science...or crockett science.

So he just changes his mind on a whim?

[Drake]

There are approximately 130,000 individuals in the world with a net worth of $50 million or more. Around 63,000 of them live in the United States.

There are approximately 29,000 individuals in the world with a net worth of $100 million or more.

[Barry-xlovecam]

At donor meeting, Charles Koch urges wealthy conservatives to do even more - The Washington Post

Donald Trump wasn't invited.
Guess he is not a Koch Brothers man.

[Robbie]

Originally Posted by crockett

So he just changes his mind on a whim?

Yeah, just a 16 year span of the entire situation in the U.S. changing (Pres. Obama has ran up 9 trillion in debt so far for instance)...."whim"

I had a much different view 16 years ago as well. I guess it's just me changing my mind on a "whim".

Much like the Pres. changed his mind about the National Debt that Bush had accrued being "unpatriotic" and then he doubled that. It was just a "whim".

Or when he "evolved" to support gay marriage. Just a "whim"?

Come on crockett! Donald Trump should hire you. Your posts make me like Trump because of your attacks.

[crockett]

I think Trump is secretly working for the Democrats. He probably works for Hillary hence him donating to her campaign.. He's just trolling the GOP..

[poncabare]

why dont the wealthy liberals kick in more cash for their social programs

[crockett]

Originally Posted by Robbie

Yeah, just a 16 year span of the entire situation in the U.S. changing (Pres. Obama has ran up 9 trillion in debt so far for instance)...."whim"

I had a much different view 16 years ago as well. I guess it's just me changing my mind on a "whim".

Much like the Pres. changed his mind about the National Debt that Bush had accrued being "unpatriotic" and then he doubled that. It was just a "whim".

Or when he "evolved" to support gay marriage. Just a "whim"?

Come on crockett! Donald Trump should hire you. Your posts make me like Trump because of your attacks.

I'm not attacking him, I think it's a great idea..

[crockett]

Originally Posted by poncabare

why dont the wealthy liberals kick in more cash for their social programs

Most do..

[JFK]

Originally Posted by ClaireMonroe

It's never just "one time." No one has learned that yet. It doesn't matter who says it. Taxes, control, etc etc etc just keep on getting worse and worse. They never remove what has been done, just release different horrid versions of it depending who is screwing it up this time.

Yup, once they have their hands in your pocket, its never ending

[ruff]

There's no free lunch when you deal with the oligarchs.

[Mutt]

Originally Posted by crockett

Most do..

Poorer conservatives more generous than wealthy liberals ? new study

Poorer conservatives more generous than wealthy liberals â?? new study â?? RT USA



Top philanthropists in the United States, not as a % of income/worth

1. Bill Gates
2. Warren Buffett
3. Leonard Lauder (in artwork to MOMA)
4. Mark Zuckerberg
5. George Soros
6. Michael Bloomberg
7. Walton Family - Walmart
8. Gordon Moore
9. Chuck Feeney
10. Pierre Omidyar eBay

[Black All Through]

Originally Posted by crockett

I bet if Hillary had said the same you would be reaching for the pitch forks..

What he said!

[tony286]

Originally Posted by Barry-xlovecam

Trump Collection Shirts made in America with American wages might cost $400.00. Your computer would cost 2 or 3 times the price made with American parts and assembled with American wages.

Exactly how will that benefit you, and more importantly, how will that effect the prices of the products you sell?

The new NAFTA workers will have to be AI robots to replace the labor costs of the third world. You don't even consider the economic damage this 'made in America' thinking will cause in the third world. Millions and millions starving in the third world will create more global instability when the only employment opportunities are wars

In cases where made in America products are a quality/value decision made in America products are my choice -- like Crescent Tools pliers and wrenches -- even at 2 or 3 times the price of imports they are a better value.

Actually it's not so, American apparel makes everything in the US and the prices aren't crazy. Prices have gone up while things are made in third world country.That's why apple makes so much profit.Tim cook moved production off shore so they could charge the same inflated prices but only with more profit.

[GregE]

Originally Posted by Barry-xlovecam

At donor meeting, Charles Koch urges wealthy conservatives to do even more - The Washington Post

Donald Trump wasn't invited.
Guess he is not a Koch Brothers man.

You say that like it's a bad thing

As much of a blowhard as he's always been, Trump is gradually starting to look better and better.

[Barry-xlovecam]

Originally Posted by GregE

You say that like it's a bad thing

As much of a blowhard as he's always been, Trump is gradually starting to look better and better.

It's sort of a paradox -- not letting the odd-man-out rich guy into the club -- cannot buy Trump (*to stand down) -- I sort of like that. If Trump would get off the ''angry white man's issues'' and get serious about his plans for the United States' foreign and domestic policies (if he has any beside blowhard rhetoric) I would give him a fair hearing ...

@tony286: Brooks Brothers and Hart Schaffner Marx men's suits are made in the USA compare their prices to imported suits like Ralph Lauren or Tommy Hilfiger -- the imports are 1/3rd to 1/5th the price. Perhaps lesser quality but the mainstream can afford them.

[2MuchMark]

Trump's idea sounds.... good!

[crockett]

Originally Posted by GregE

You say that like it's a bad thing

As much of a blowhard as he's always been, Trump is gradually starting to look better and better.

If Trump would stay away from the 6th grade style mud slinging and actually had some real substance as in policy or could at least stick to real issues he might of had a legitimate chance. Instead he has no real policies nor does he have the ability to implement them if he were elected.. Hence the reason he plays grade school politics and just says stupid shit.

[pimpmaster9000]

Originally Posted by Barry-xlovecam

You don't even consider the economic damage this 'made in America' thinking will cause in the third world.
Millions and millions starving in the third world will create more global instability when the only employment opportunities are wars
.

The producers of suicide nets will be shit out of business LOL

[Barry-xlovecam]

Originally Posted by crucifissio

The producers of suicide nets will be shit out of business LOL

If the EU and the USA stopped buying from China and other import sources there would be a war ... Also US and EU consumer prices would skyrocket ... Sword cuts both ways any idiot should recognize that. Except the blind angry white man idiots that Trump is pandering to ... They just swallow the rhetoric that they want to hear.

[Joshua G]

Originally Posted by baddog

If his numbers are correct, why not?

Originally Posted by Mutt

It's not a terrible idea, you let people who have the drive and skills make their fortunes, become richer than 99.9999% of the world's inhabitants, then when their country needs them you take 14.5% from them, they remain very rich, if you're going to bitch that you're only worth $85.5M and not $100M you're just a ridiculous greedy fucker.

it is a terrible awful idea. first, rich people can just leave the country to avoid such a tax, they can afford to move & many of them have foreign homes anyway. so it would create a flight of productive people out of the USA to tax friendlier places.

on top of that, to pay off the national debt with no pain to the politicians is a deadly get-out-of-jail-free card for the feckless people who vote for endless deficit spending. it would embolden the keynsians who say you can drive up the debt forever with no problem, cause then they would be right, cause it was confiscated from its producers, who were singled out & the middle class doesnt have to sacrifice even though they are the main beneficiaries of the entitlement programs.

not to mention setting a precedent for simply confiscating private wealth for whatever 1 time whims the public sector decides & votes for? what other things will the pols dream of next to soak the rich with?

im certain trump will eventually retract support for this old idea of his which was made 3 party shifts ago.

[Paul Markham]

How much of the wealth is in actual cash in the US? I know from my wealth - bank balance, there's a huge gap. We would need to sell our investments.

The real problem is Americans refuse to pay for what they need. Claiming they don't need it doesn't wash. Look around you and see where Governments spend most of their money. If it's inside a country, it's going around the system providing jobs, or cheap food, or services. 26% of GDP isn't enough. Especially the way your government spends it.

Originally Posted by Barry-xlovecam

Trump Collection Shirts made in America with American wages might cost $400.00. Your computer would cost 2 or 3 times the price made with American parts and assembled with American wages..

Originally Posted by Barry-xlovecam

If the EU and the USA stopped buying from China and other import sources there would be a war ... Also US and EU consumer prices would skyrocket ... Sword cuts both ways any idiot should recognize that. Except the blind angry white man idiots that Trump is pandering to ... They just swallow the rhetoric that they want to hear.

Something needs to be done about Third World imports.

This is just China.



China and the rest of the world.



This can't continue without something very bad happening.

Consumer prices would climb, money spent would be higher, because more people would have jobs and be buying the goods. As for war, why would China declare war on it's only customers, all that's needed is to balance the trade.

[Barry-xlovecam]

Production finds the lowest cost with acceptable quality.

You should see what is going on in ebay and Amazon -- I am buying direct from China and cutting out the middleman. I bought a set of packing bags for my suitcase they were $8 shipped (landed price) from China direct by post.

The importers were selling the same items for $26 - $29. WTF the Chinaman is happy with 4.95 (the postage was 3.95).

You want to make the argument that I should pay $50.00 for a similar item made in the USA and give a shit shoveler $15/hr + benefits? Some low value items should be sourced from the most competitive product manufactured globally.

It is not 1960 anymore. We do business globally and there has not been a giant war since WW2. This is one reason why. In spite of nationalism and ideology the world has become globally trade interdependent. Those charts don't mean fuck-all. How much money is in the bank and what you can do with it before it is worth less is all that matters. Time waits for no man and money changes hands -- get in the game -- life is short.

[Barry-xlovecam]

When I grew up Vietnam and America were at war over ideology. We where literally murdering each other for almost 9 years. Today I buy well made clothes from my former enemy. Why is that so bad? We are at peace now. Do you have any idea what the Vietnam war cost in lives lost on both sides?

The Chinese are another story. Some are economic friends but some are still adversarial. If Putin wasn't such an asshole we would have better trade with Russia instead of all this bullshit posturing like its 1950 all over again.

We (the USA) need better government spending on infrastructure, higher education and technology research and development and not more spending on weapons and the machinery of war. But there are forces that do not want this ... This direction of spending will create jobs that will begat more jobs. Making better machines of death just kills and make a few a lot of money

[dyna mo]

Paul, those graphs are going in the right direction, things hit bottom in 2006 and are recovering.

[slapass]

Originally Posted by Robbie

I think Trump's current stance is the correct one: We need the companies that are outsourcing everything to bring those jobs back to the United States.
More jobs, broader tax base, good economy.

It's not rocket science...or crockett science.

Except we now have a global market so the foreign made stuff would be cheaper and thus get bought by the US people. You would need to reduce foreign trade. Wall us off. History has shown this is not a good idea.

I am wondering how he is getting so much traction. The economy has never been better. The US is blowing up with billion dollar companies every other day. Everyone has a job. Crime is down. We aren't in any wars. Maybe that is what the old white guys are upset about.

[itx]

According to Mutt:

Top philanthropists in the United States, not as a % of income/worth

1. Bill Gates
2. Warren Buffett
3. Leonard Lauder (in artwork to MOMA)
4. Mark Zuckerberg
5. George Soros
6. Michael Bloomberg
7. Walton Family - Walmart
8. Gordon Moore
9. Chuck Feeney
10. Pierre Omidyar eBay

The clown of Donald Trump you need vote for he for Make America Great Again.

The US economy is as strong as ever check the Euro is nearly a US dollar, not so much war, not so much enemies in the world, the war bring down te US economy remember Bush?

America needs donald trump for make america great again, the USA is great already.

[itx]

Donald Trump don't give a fuck about America check his donations.

There's something fishy about Donald Trump's charitable donations There's something fishy about Donald Trump's charitable donations - Business Insider

You have to be naive to believe in his words.

[mineistaken]

I think he just wants to dabble into losers' (those who want to rob evil rich and "redistribute" to lazy poor) vote market. Take some votes from democrat pool.
Another smart move.

[crockett]

Originally Posted by Joshua G

it is a terrible awful idea. first, rich people can just leave the country to avoid such a tax, they can afford to move & many of them have foreign homes anyway. so it would create a flight of productive people out of the USA to tax friendlier places.

on top of that, to pay off the national debt with no pain to the politicians is a deadly get-out-of-jail-free card for the feckless people who vote for endless deficit spending. it would embolden the keynsians who say you can drive up the debt forever with no problem, cause then they would be right, cause it was confiscated from its producers, who were singled out & the middle class doesnt have to sacrifice even though they are the main beneficiaries of the entitlement programs.

not to mention setting a precedent for simply confiscating private wealth for whatever 1 time whims the public sector decides & votes for? what other things will the pols dream of next to soak the rich with?

im certain trump will eventually retract support for this old idea of his which was made 3 party shifts ago.

You are probably right on that.. if they had a quick easy way to pay it off, they would just spend money even faster. I'd be all for a one time tax on everyone if it were used to pay off the debt with a fiscally responsible budget set in place which wouldn't allow it to get that big again..

However we all know no one in govt can stop spending..

[Robbie]

Originally Posted by slapass

History has shown this is not a good idea.

No, I think History has shown that pretty much all the things our govt. has been doing over the past few decades have led to 18 TRILLION dollars in debt, bad trade deficits, and many wars.

Just because a bunch of bureaucrats pretended to know what they were doing and fucked everything up for our entire lifetimes doesn't mean that's the "right" way.

I listened to what Trump said in his speech. And he correctly pointed out that he has a top team of financial negotiators who are far superior to what our govt. has.

And he very clearly said exactly what he would do to bring jobs back and get trade negotiations with other countries that are favorable to the United States instead of us getting screwed all the time.

Maybe it's time to give other ideas a chance. The shit we've been fed as the "right way" since I was born has put us in the shitty position we are in today.

[Robbie]

Originally Posted by crockett

You are probably right on that.. if they had a quick easy way to pay it off, they would just spend money even faster.
We all know no one in govt can stop spending..

100% correct.

[Paul Markham]

Originally Posted by dyna mo

Paul, those graphs are going in the right direction, things hit bottom in 2006 and are recovering.

I think you need to look deeper into the problem.

Tax imports by 10% and the tax raised is $24 billion a month. $288 billion a year. 20% and the US, plus EU starts to dig itself out of the hole it dug for itself. The EU shows the irony of this, look at who their biggest suppliers are. Try and sell your goods to China.

The problem is your biggest market for online porn is the US. So every $ you spend in China, is a $ less spent in the US. That effects your incomes. So Barry can buy something cheaper in China, and then can't sell his product in China, and loses sales in the US because of the money he spent in China.

Add to that the coming problems of the strife poverty will bring and the eruption is coming.

I noticed no one commented on my point about the taxes paid and services demanded. With that extra disposable cash, how much is spent outside the US. And how much of your tax dollars are spent inside the US?

[Paul Markham]

Originally Posted by crockett

You are probably right on that.. if they had a quick easy way to pay it off, they would just spend money even faster. I'd be all for a one time tax on everyone if it were used to pay off the debt with a fiscally responsible budget set in place which wouldn't allow it to get that big again..

However we all know no one in govt can stop spending..

Then stop voting for parties that promise to give you so much. Ruled by lobbyist from big business.

That's the problem with democracy. To get votes and politicians have to make lots of big promises they can't keep, and the voters have to believe them.

And then two parties with very opposing ideologies have to get them through Government. So they usually end up a mish mash.

Trump's about to learn this. He can promise to tax the rich, does he have the executive power to get that through the two houses?

This is where the money's spent.



Cut military spending and arms factories, soldiers, support people, local shops and communities all suffer.

That can apply to any domestic spending, cut down wars would be a good idea. Until terrorists are knocking on your door again.

Tax imports by 10% and many goods from over seas might be cheaper to produce at home, more people employed, paying taxes, not needing benefits, etc. 20% and the problem starts to solve itself.

Why don't they?

Because those who like to spend their money on cheap imported goods, won't vote for them. and the big businesses effected won't fund them. And a politician loses a job.

[Barry-xlovecam]

Don't buy US debt ...

The US can sell debt -- why? If the problem is so,so,so critical:

• Why can the USA continue to sell it's debt and primarily to US private citizens and US corporations?
• Why do foreign central banks own (and continue to buy) a strong stake in the US debt?
• If our debt is so fuckin' bad why does the world buy it up?

You should try to think past silly internet charts ...

[2MuchMark]

Originally Posted by Robbie

No, I think History has shown that pretty much all the things our govt. has been doing over the past few decades have led to 18 TRILLION dollars in debt, bad trade deficits, and many wars.