In response to:

Welcome to Socialism: 75 Percent Tax For Rich Passed in France

Quintus Tullius Cicero Wrote: Sep 28, 2012 12:31 PM
BTW, Dork2Doofus: I live in a city which control the electric power utility. The costs are high, the service sucks, and power distribution gets shaky very often,. That's a government controlled power company for you.
Dot2Dasher Wrote: Sep 28, 2012 12:32 PM
Could be worse, it could be private.
Bob F. RVN70-71 Wrote: Sep 28, 2012 12:36 PM
Dot:
Do you actually believe government controlled power utilities would be cheaper or more efficient? On what do you base that delusion?
wulf73 Wrote: Sep 28, 2012 12:37 PM
I have no problems with my private power company. What you don't understand is that the government doesn't have to make things better because they don't have to compete. Companies have to compete for customers, so customer service is a high priority to keep loyal customers. Government does not care about customer service.
Dot2Dasher Wrote: Sep 28, 2012 12:47 PM
I never said that Bob. I said it shouldn't be for-profit.
Dot2Dasher Wrote: Sep 28, 2012 12:49 PM
Care? Neither do monopolies, which is why we break them up. And competition is fine but certain things are not for capitalism. Would you like capitalist religion? How about capitalist National Defense?
Elizabeth420 Wrote: Sep 28, 2012 12:55 PM
Dottie: By removing profit, what motivation does any worker have to be more
productive, more ambitious or become more successful? How has that whole
scenario worked out for Marxist thus far?
nawlins72 Wrote: Sep 28, 2012 12:55 PM
"Care? Neither do monopolies, which is why we break them up."

Except for the largest monopoly: government.

"And competition is fine but certain things are not for capitalism."

What ethical transactions should not be allowed under voluntary trade?
Buck O Wrote: Sep 28, 2012 12:59 PM
More factless assertions from a moron.

This is what you signed up for, Frenchmen. The French government under new socialist President Francois Hollande has approved a 75 percent tax rate for the richest in the country and guess what? It doesn't even begin to solve economic problems.

The budget, approved by France's cabinet on Friday, said that the creation of a new 75 percent tax on millionaires and higher marginal tax rates on high earners would raise some 530 million euros next year.

The new budget also hikes taxes on businesses and investments. Back in May when Hollande was elected,...