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Flavors of Capitalism vs. the sound bite society

Revoltingest

Pragmatic Libertarian
Premium Member
Please explain how "receipts as a % of GDP" is the same as tax rates for the rich? They seem only loosely associated at best.
The post I responded to said....
"Under Eisenhower and high corporate taxes...."
I addressed the fact that those taxes weren't so high.
If one examines the taxes (as a fraction of GDP) actually collected,
one gets a picture of the actual rates paid. These aren't the same
as marginal rates scheduled in the tax code.
So claiming that our economic success was due to high taxes
isn't supported by argument or evidence of correlation.
 

icehorse

......unaffiliated...... anti-dogmatist
Premium Member
Sorry @Revoltingest - i think you're trying to connect dots that don't really connect, AND I think you're not faithfully responding to the claims that were made.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
I'd suppose if folks would stop complaining about capitalism. IOW democratic socialism is just another form of capitalism. So no one is talking about getting rid of capitalism just altering its implementation.
That's what Elizabeth Warren is proposing with her bill championing the proposed Accountable Capitalism Act.

I want so bad to rip it to shreds, but some of it I have to concede is worthy of consideration.

It seems Trump agrees as well*.....

Trump and Warren agree: Corporations are holding back the economy

*Donald Trump and Elizabeth Warren agree on something together? How is that even possible?
 

Nakosis

Non-Binary Physicalist
Premium Member
That's what Elizabeth Warren is proposing with her bill championing the proposed Accountable Capitalism Act.

I want so bad to rip it to shreds, but some of it I have to concede is worthy of consideration.

It seems Trump agrees as well*.....

Trump and Warren agree: Corporations are holding back the economy

*Donald Trump and Elizabeth Warren agree on something together? How is that even possible?

If Warren wasn't such a liar... Well wait, perhaps that makes her the perfect candidate.:rolleyes:
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
If Warren wasn't such a liar... Well wait, perhaps that makes her the perfect candidate.:rolleyes:
If I have to accept a Republican defeat, I would at least like the opposing candidate to have a few bipartisan qualities in order to get some things done.
 

dianaiad

Well-Known Member
Thanks for this info.

It appears that your argument is that we should view paying taxes and making charitable contributions as interchangeable activities? I don't think we can, unless perhaps we could guarantee that the charitable contributions were on par with taxes owed. In that case, I might agree with that option. That way I could personally stop funding so much spending for the military and instead make contributions to more helpful causes. But currently, that's not how it works. Am I missing something?

What you are missing is the equivocation being used here.

You have just mentioned 'supporting the military.' Others respond with funds to fix the infrastructure...both things that I agree must be done through taxes, and frankly, I don't know many people, conservatives or not, who figure that the government should NOT tax for those purposes.

The problem for me is that supporting the military and infrastructure is NOT what is first mentioned by liberals, and frankly, it is they who are most against taxes that actually do that. MOST of 'em argue that the government should be in charge of social issues like medical insurance and welfare. They seem to ignore infrastructure and the military unless they are losing the argument.

I don't have a problem paying taxes at all, if they are used for infrastructure, the military, and stuff like that. No problem at all. What I DO have a problem with is when a liberal, as I have shown you, liberals are FAR less likely to spend their own money on social issues than conservatives are, call conservatives 'skinflints' or 'tightwads' or complain that they have 'no compassion' because conservatives honestly believe that private charities and companies do a better job than the government can.

As it happens, they do. Look at the Red Cross, Salvation Army, the LDS welfare system, Catholic Charities and other very highly rated charities. Every single one of them do a better and more efficient job at welfare than the government does, by a huge degree.

As to health care....good heavens. I have a condition that costs SOMEONE close to $200.000 a year, what with medication and doctor's visits...and that doesn't count the years when I spend time in the hospital, Then the cost goes waaaay up. I'm (hopefully) entering a clinical trial soon that will cost upwards of a million bucks....

And I pay $120 a month for everything, copays and all.

And it's private insurance. I looked at the "Obamacare" options...government covered health care...and what I would pay is more money than I get in income. My daughter lost her insurance when she lost her job, and had to go to 'Covered California' to replace it. HER monthly bill is nearly $700 per month...she used to pay $150 per month, with $15 co-pays. Her co-pays now are $50....and until she spends $3000 of her own money she must pay the entirety of any medical care she gets. That's $3000 PER YEAR.

THAT is how the government 'does it.' Better? Not even a tiny bit. Now if the gov would allow what the conservatives have been recommending to 'fix' things...that is, allow insurance companies to offer their services across state lines, THAT would help.

No, sir. Private welfare systems ARE more efficient and offer better care than the government does. Now if I could tell the gov. to give my taxes to, say, Catholic charities or the Red Cross, I'd go for that...and the government would get a lot more back for the money it collects.
 

Nakosis

Non-Binary Physicalist
Premium Member
That is why a serious economist is apolitical.

Supply-side economics, that is detaxation to favor investments is useful.

Public expenditure in strategic sectors like health or education, to create labor force, is useful too.

It would seem to me that lower taxes helps the economy in general. Higher taxes helps at least certain corporations, at least those that depend on government contracts.

California gives large tax breaks to the entertainment industry. This brings in a lot of money to the state. So the government provides targeted tax breaks to industries they want to support. Even liberal leaning governments.

Other than supporting corporations which rely on government contracts, government selected corporations, I suspect often selected by contributing to a particular candidate. What benefit to the economy does higher taxes bring?
 

dianaiad

Well-Known Member
The liberals can't afford to spend much on charity. The liberals are the educated middle class and poor.

Baloney. From the site I used for post #43...in fact, I think I USED this graph in post #43....

Income and Giving by Ideology
almanac-statistics-15.png


Notice...Conservatives have 6% LESS income...and give 30% MORE to charity.


As individual donors, conservatives are hearty givers—as made clear in this graph, the one previous, and many other data sets.
What constitutes "other people's money?" Many would say the bulk of the country's treasure, held by only a handful of players, is ill gotten gain; wealth created by the people but appropriated by the rich.

I see.So anybody who is richer than you, more successful than you, works harder for their money than you must have done it dishonestly?

Talk about 'sour grapes!"

The basis behind Europe may be "See that guy over there? Look at how rich he is! That's unfair. Let's go take it away from him and divide the spoils among ourselves!"

the basis behind the USA is SUPPOSED to be...and to most of us still is..."See that guy over there? Look at how rich he is! Let's see how he did it so that we can do it too and become just as rich as he is!"
 

dianaiad

Well-Known Member
If I have to accept a Republican defeat, I would at least like the opposing candidate to have a few bipartisan qualities in order to get some things done.

that won't happen.

From now on, EVERY Republican president will be impeached by the Democrats within his/her first term. It's now in their playbook; they don't see just how completely this is going to backfire.
 

Twilight Hue

Twilight, not bright nor dark, good nor bad.
that won't happen.

From now on, EVERY Republican president will be impeached by the Democrats within his/her first term. It's now in their playbook; they don't see just how completely this is going to backfire.
There's talk that even if they fail at impeachment this round , they will just try it again.
 

Estro Felino

Believer in free will
Premium Member
I am sure mal
It would seem to me that lower taxes helps the economy in general. Higher taxes helps at least certain corporations, at least those that depend on government contracts.

California gives large tax breaks to the entertainment industry. This brings in a lot of money to the state. So the government provides targeted tax breaks to industries they want to support. Even liberal leaning governments.

Other than supporting corporations which rely on government contracts, government selected corporations, I suspect often selected by contributing to a particular candidate. What benefit to the economy does higher taxes bring?

Taxation is a means used by states who keep monetary sovereignty to keep the inflation rate under control...
But I totally agree.... detaxation towards small entrepreneurship should be a rule.
Also in socialist countries of Europe the state even gives incentives to small entrepreneurs.

But not to bankers and billionaires...they have lots of money....
 
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icehorse

......unaffiliated...... anti-dogmatist
Premium Member
The problem for me is that supporting the military and infrastructure is NOT what is first mentioned by liberals, and frankly, it is they who are most against taxes that actually do that. MOST of 'em argue that the government should be in charge of social issues like medical insurance and welfare. They seem to ignore infrastructure and the military unless they are losing the argument.

The OP isn't so concerned about disingenuous arguments that might be made by either "side". What the OP is trying to achieve is a way to communicate to folks who support our current (I'll claim, broken), tax system.
 

dianaiad

Well-Known Member
The OP isn't so concerned about disingenuous arguments that might be made by either "side". What the OP is trying to achieve is a way to communicate to folks who support our current (I'll claim, broken), tax system.

Oh, it's broken. The problem is, nobody agrees on what the problem is.
 

icehorse

......unaffiliated...... anti-dogmatist
Premium Member
Oh, it's broken. The problem is, nobody agrees on what the problem is.

I have to say, it baffles me why anyone but the 1% think that our (growing levels of*), wealth and income inequality are healthy for the system.

* parenthetical clause added for clarity.
 
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Stevicus

Veteran Member
Staff member
Premium Member
Studies and articles, even by the left, which acknowledge that conservatives are more charitable than liberals. On things like I posted on post #43 of this thread.

I addressed that point, but I will address it again later on in this post.

When one is perfectly willing to SOUND good by ranting that the government should do more, but won't help the needy HIMSELF, that's being a skinflint. When one presents himself as 'compassionate" but only with OTHER PEOPLE'S money, that's being a skin flint. When one A: doesn't contribute himself, B. presents himself as being more compassionate about the needy than the conservative who DOES contribute, and C. advocates that the government take all the money the conservatives have to support the liberal's pet cause (but not the cause the guy with the money would prefer) I call that being a hypocritical skinflint. For some reason the most loudmouthed liberals all seem to think that only conservatives are wealthy. (shrug)

Well, if you're using those surveys in post #43 as your sole basis for saying this, then even your own surveys say that liberals do give something, even if it's not as much as conservatives. So, you can't say that liberals do absolutely nothing.

But as I said, it's also about attitude and what policies they support or oppose. I already explained that above, and your only response was a single word: "Obviously." So, unless you have something more, my point stands.

Don't have to do that. One can eliminate private charities in several ways, and making them illegal would be a very bad move, 'optically.' However, one can eliminate them very efficiently if one removes the funds that allow them to work, and having the government force would be contributors to hand over the money in taxes does that quite handily. Not that I've actually thought about that one a whole lot, but it is true; where taxes are very high, private contributions tend to be low. There is only so much money to go around.

Are there studies which show that where taxes are high, private contributions are low? From what I can tell, states with higher taxes tend to have higher standards of living, better social services, better education, etc.

Baloney. One thing that can be absolutely guaranteed is that the government does things badly, inefficiently, and when they get the money, they WILL do stuff the taxpayers don't want. Private contributors can (and absolutely should) investigate private charities before they contribute, and make certain that the funds they send go where they want 'em to go.

If the government does stuff the taxpayers don't want, then the people have the option of voting them out and replacing them with different people. If the voters don't do that, then that's on the voters.

In the case of private charities, voters don't have that option. All they can do is simply not donate, but then you might accuse them of being "skinflints."

There are MANY charity watch organizations that allow people to do that. This is why I know that contributing to Kids Wish is a very bad idea. only .8% of your contribution will go to help kids.....and why I know that contributing to the Red Cross and/or Catholic Charities is a pretty good one: almost all the money goes to the programs they support. It's why I contribute to the LDS welfare fund; 100% of my contribution there goes precisely where it's supposed to go. They have helped me in the past, I contribute to them.

If the contributor is too stupid to investigate the charity, that's his problem....but at least he CAN, and can make his own choice about where his money goes.

Yes, I'm aware of these charity watch organizations, and I agree that people would be wise to investigate charities before donating. That's just good common sense.

He has no such choice for the government

Except that pretty much every eye of the media is focused on government and one can get much more information on the government than they can about any private sector organization.

Also, people get to vote for those who run the government, so there's plenty of choices there. (Granted, they're generally not very good choices, but that's our political system. We, the People, can change it if we want.)

Mind you, I have NO problem with taxes when they go to infrastructure, law enforcement and the like: that's what we have government for. However, the private charities I contribute to are far more effective and efficient than the government is, and if one does the research, one can make certain that one's money only goes to those which are more efficient than the government.

Well, by the same token, one can also research the issues and the politicians they vote for. But if the voters are too stupid to do that, then I guess that's the way it goes.

I don't put much stock in the notion that the private sector is always more efficient or that government is somehow always inefficient. I think it varies, depending on what task either is doing. One difference with government is that, in many cases, they are mandated to help all who qualify for aid. Private charities have the option of being more selective and focused.

Both the private and public sector are susceptible to corruption. People are still people, after all, no matter if they work in the public or private sector.

And if the liberals would do that research and contribute the way the conservatives do, personally, there would be far less need for the government to take over.

If the private sector could carry the weight of all the poor and needy in this country, there wouldn't be any need for government to do it at all.

That's one of the things that I've noticed conservatives routinely overlook in these discussions. They seem to believe that government social programs, the welfare state, "free stuff from other people's money" just happened out of the blue for no reason at all. All of these things were introduced and implemented slowly, mainly in order to fill a need which had not been previously fulfilled - or was done very poorly. All our labor laws, minimum wages, Social Security, and other programs implemented by government - they were non-existent in the 19th century.

Any conservative who can do the research into our nation's history would understand that all of these programs they criticize have a historical basis for their initial implementation.

Care to show me where I've said that? Because I haven't, y;know.

The most I've said is that liberals figure that they'll be out less money if the government grabs taxes from everybody than if they had to contribute personally.

Yes, I'd be happy to show you. In post #45, this is what you wrote:

but is still advocating not only taking the conservative's money by force, but being in charge of where it goes.....all the time he (the liberal) figures that HE isn't going to have to hand over anything, tax laws being what they are.

You say "taking the conservative's money by force," but as I keep saying, taxes apply to all. It would have been more accurate to say "taking the Americans' money by force," since all of us Americans are subject to taxation by the US government. But you didn't say that. You just said "conservative's money." Your exact words are quoted above.

By using this phraseology, you're clearly implying that only conservatives have their money taken by force through taxation, while non-conservatives (by implication) are not forced to do so, apparently.

Well, you go on and argue against a point I didn't make. I'll go get a hot chocolate. Let me know when you are done....

In the same quoted portion above, you stated that liberals want to be in charge of where conservatives' tax money goes. This implies that conservatives would have no say in our government, that they would be somehow blocked out of the process and that liberals would run everything. This suggests some kind of "liberal dictatorship" where conservatives would be some kind of victimized underclass, at least from the way you're portraying the situation.

Ah, there you go...telling us that because of their choices, they aren't really giving anything.....because you don't approve of those choices.

I never said I didn't approve. What's that you were saying about arguing against points one didn't make?

I'm only suggesting that there could be other motives involved, or other possible explanations as to why those studies show that conservatives give more than liberals, since much of your line of argumentation seems to rest solely on that.

Other than that, most of what you're arguing is anecdotal. Within any group, you'll find good ones and bad ones. I absolutely believe you when you say there are generous and compassionate conservatives, and I also fervently believe there are skinflint, heartless liberals out there.

But you can find both types within both groups. I don't know that that actually proves anything, since liberals and conservatives are mainly judged and evaluated according to their political views, not necessarily their personality traits - unless we're talking about a public figure. If we're talking about Average Joe Liberal or Average Joe Conservative, it's more of a mixed bag. Not everyone goes straight down the line "liberal" or "conservative" every issue. Some might be more liberal when it comes to domestic policies while being more conservative when it comes to foreign policy. Some might be more liberal when it comes to social causes, while still being more conservative when it comes to economic and fiscal policies.

Well, that does go for the 'secular' charities supported by liberals, which they are so proud of, saying that contributing to churches doesn't count (never mind that MOST charities that actually help people are run by churches).

Yes, and as with anything, many are reputable, but some are not.

One point of difference between liberals and conservatives is not so much about who spends whose money on what. It's about looking at the sources and roots of the problem and attacking it in that way, not just the symptoms.

At least in terms of the overall debate between liberals and conservatives as I've seen all my life, that seems to be a key difference. I'll concede that liberals in recent years have gotten a bit superficial and flighty, but at least in a more traditional sense, liberals have advocated looking at problems rationally, determining the cause, and advocating solutions by attacking the source of the problem.

Conservatives typically don't do that. Oftentimes, they don't recognize the same "problems" that liberals might see - or they may not understand them until it's too late. They're slow and resistant to change, and they tend to take a "these things happen" approach to problem solving.

That may be another reason why liberals donate less to charities, since charities only really deal with symptoms, while the liberals may be more focused on finding long-term solutions.
 

Stevicus

Veteran Member
Staff member
Premium Member
I like the word, "continually".
It means recurring, but not continuous.
But should we obsess over poetic language being not strictly precise?

No, I guess not, depending on what it is and how poetic the language is.

Darmok and Jalad at Tanagra.
 
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