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On Death Tax, the U.S. Is Worse than Greece, Worse than France, and Even Worse than Venezuela

chronic_relatiivism Wrote: Jul 30, 2012 3:46 AM
Yet, the billions Wall Street makes in trading on a daily basis; they pay 0%. Unless you consider the amounts given to campaigns, bribery, and lobbying….but that’s an indirect tax to the protection racketeers.
traitorbill Wrote: Jul 30, 2012 10:17 AM
We have the most efficient way ever devised for getting capital where it is most needed. People freely investing their wealth where it will get them the best return is what made us great. Compare the history of this country for wealth generation with Obama's crony capitalism returns, and the contrast is so striking that a blind man could see it.

There are crooks on Wall Street. But the crooks are the problem, not Wall Street.
chronic_relatiivism Wrote: Jul 30, 2012 10:54 AM
An Oregon man is jailed over rainwater (http://www.naturalnews.com/036615_Oregon_rainwater_permaculture.html), yet Corzine walks free absconding with 1.2 Billion...you think there might be crooks on Wall Street. Yet, I don't see anyone even being charged. Iceland is the only country with nads. Repudiate and Incarcerate, a fraudulent system based on the issue of our own money at interest. The private banking cartels, through their money monopoly and through their corporations are robbing us. Central banking is a Communist plank.

Considering that every economic theory agrees that living standards and worker compensation are closely correlated with the amount of capital in an economy (this picture is a compelling illustration of the relationship), one would think that politicians – particularly those who say they want to improve wages – would be very anxious not to create tax penalties on saving and investment.

Yet the United States imposes very harsh tax burdens on capital formation, largely thanks to multiple layers of tax on income that is saved and invested.

But we compound the damage with very high tax rates, including the...

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