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#1
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![]() And furthermore , I live in city with the best economy in the nation. And it isn't looking to swell here dude. I see a ton more homeless on the street, and I know many who have given up nearly after seeking a job for the last 6 months. You need to hit the pipe some more alarti and go back to la la land.
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#2
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![]() Taxes and the economy won't improve until the Federal Reserve is taken down.
http://theeconomiccollapseblog.com/a...nomic-problems It was in the constitution not to have federal taxes, but taxes were added to the constitution to pay the Federal Reserve interest on the money it prints. All American money is created as debt which is pretty disheartening. | ||
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#3
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#4
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#5
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You are too busy smelling your own farts to actually check what the fuck this gobshite is about. Yes, I agree Ron Pual had SOME good ideas, but you have to understand his bad ideas were so idiotic and crazy that you had to ignore him. I know that this may be hard for you but destroying the government to cut government spending doesn't solve any problems and only leads to anarchy. Go back to the articles of confederation and tell me how long the libertarian party's ideals lasted before crumbling? What was it? 2 months? Go read a book and stop pretending like you know shit. I have yet to have someone refute any of my claims with supported facts. Show me with math how using a finite resource will support constant economic growth. Show me with math how completely removing all of our fiscal protections will not cause rampant monopolies and inevitably destroy every asset of our economy. In case you didn't know it, but the biggest problem our country is the fact that mega corporations aren't paying their taxes. The only candidate on the ballet who has actually shown any true interest in taxing these entities is Obama. You make the top 100 pay their full 30% in taxes and you will find the budget is much more balanced.
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#6
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Republicans Eye Return to Gold Standard
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Klaatu (RED)- Fastest Rez Click in Norrath
Klaatu (BLUE) - Eternal 51 Mage Klattu (GREEN) - Baby Cleric | |||
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#9
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![]() Hey Lexicali, young doctor. Can you explain to all the overly bright individuals on a gaming forum how putting our money back on the gold standard and backing are dollars with real access could be a detriment to our economy. A lot of the financial problems we have today are because another moron president(like Obama) took us off the gold standard. But just like last night, you will most likely resort to name calling instead of answering my simple question.
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#10
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You do not need the supply of money to grow at the same rate as the economy... Do you just read talking points from Paul Krugman? This argument has been refuted into irrelevance. If the economy grows faster than the supply of money, goods will become cheaper. You may need smaller denominations of currency, but you don't need a larger supply of money. Finally, let's investigate your claim that if the top 100 companies paid 30% in corporate income taxes, we'd have a balanced budget. The market cap of the top 100 companies totals to $13.3T. We can assume the P/E is between 10 and 15, so let's put it at 13.3 to make it easy. That means these companies have 1 trillion dollars in earnings. Let's assume they currently pay 0 in taxes, which is a bit unlikely, but I'll give it to you. Raising the tax rate to 30% would increase tax revenues by $300B. This is only a small chunk of the $1.1T deficit. The actual tax rate of the largest corporations is about 18.5% right now (see source below), so your increase to 30% would lead to a $115B increase in federal revenue, which is 10% of the deficit. Way to solve the budget deficit buddy. Info on corporate tax rates: http://money.cnn.com/2011/11/03/news...axes/index.htm | |||
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