Well I guess that's why the EU has such a weak economy - all the business men are more concerned with not making money and shutting down if taxes are too high... Oh wait the EU has the LARGEST GDP in the world of any free trade zone with half as much land as the USA.

good article
http://curiouscapitalist.blogs.time.com/2011/08/10/america-vs-europe-which-is-the-bigger-threat-to-the-world-economy/

That is a pretty asinine position Rob, you say that because you aren't in that position. Many that are don't pack up a leave over taxes or regulation.

Why not just fire all your employees right now and save the money you would've paid them then?

I'm not understanding your train of thought.

good article das, that being said i'm sure the Euro Zone will get its shit together. they generally do when push comes to shove. they'll kick greece out and then theyll be a lot more solvent.

anyway my point about europe was that socialist countries in europe have the highest tax rates in the world yet they also have some of the most efficient economies in the world. according to thraxle this is a paradox and should be impossible, i just want his take/explanation of this reality.

So you guys think businesses will simply continue to run as is if their tax rate is hiked 10-15%, making no changes whatsoever? Companies don't invest abroad because of less regulations and kinder tax havens? Companies won't lower costs to amend for the lost revenue to tax increases?

And I'll refrain from responding about Europe. They're in just as much financial trouble as the U.S. and the shit will hit the fan over there sooner or later. Socialized countries work well in doses, but over time they will fail. There simply won't be enough money to pay for it. Just like there isn't enough money to pay for everything liberals want here.

tl;dr

Hitler: Occupy wall street? More like occupy Poland.

thraxle, I think they believe that the tax hike would put the tax at the level it should be for a healthy economy, while right now it is too low for a healthy economy.

I can agree with this article, heck norway is not willing to buy all the icelandic debt, even thou icelanders are norwegians. Most norwegians think of them as norwegians, with a weird language. and still, no dice for the icelandic bank debt. which if you read about that crisis, it was a REALLY sick situation. so now iceland is applying for EU membership, (which norwegian hate).


also, check the iceland protests against the debt, that is real democracy in action. short form is this;
the parliament of iceland ratified a deal to pay back all the money from the bank collapse, but that would require iceland to pay an almost unfeasable amount for a long time. then, 50 000 people signed a petition to the president, telling to not sign the treaty, that is 50 000 of about 200 000 eligable voters, so the president didn't sign, and it went to a referendum, in which about 1500 people voted for, while the rest voted against.

Rob you are trying to argue causation of higher tax rates and an increase of wealth leaving America, when in fact taxes have been heading lower and lower for 20 years and the wealthy have consistently moved industry and wealth abroad. We cannot just hike the rate up 10-15% and I don't think many "liberals" would argue that we should, they tend to argue for around 3-5% on the top bracket. Now that said, the Government needs to address plenty of other issues outside of just revenue, one is the influence of money on politics and how we run elections now, which is one of the main focuses of the OWS movement.

It was Veta that mentioned the Eisenhower rates which were about 14% higher than now? 3-5% would be fine for the people making over $100,000 IMHO. I'm OK with raising taxes a little, but it can't be simply to increase spending. There has to be major cuts involved as well. The defense budget, social security, Obamacare, etc...