"The rich are not paying their fair share in any nation that is facing the kind of employment issues [America currently does] — whether it's individual, corporate or whatever [form of] taxation forms," Clinton told an audience at the Brookings Institute, where she was discussing the administration's new National Security Strategy.
The arrogance of that statement is astonishing. But that isn't really the point. Here's the point:
Quote:
"Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what — they're growing like crazy," Clinton said. "And the rich are getting richer, but they're pulling people out of poverty."
Did Hillary really invoke Brazil as a basis for her higher taxes argument? How foolish does she think the rest of us are? Anyone who has sat through a high school economics class knows why Brazil's economy is doing well. They're "growing like crazy" because they're exporting like crazy. It's a fairly easy concept to grasp: If you produce what the world consumes, you thrive.
To say Brazil has a high tax rate and, tah-dah!, they're growing like crazy is just silly.
__________________
Politics, it seems to me, all too long, has been concerned with right or left instead of right or wrong. ~Richard Armour
Brazil's poverty rate around 20 to 30% along with other craps hole living conditions. Poverty rate in the US? 0% We have to artificially set that line though at around 10%. Our GDP per person is around 44K I think What's Barzil's?
Par for the course though when you have a "D" behind your name!
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
I dont know.....she may have something there. The woman sure knows how to make a dollar. With a Thousand dollar investment she made 100k in Whitewater. I like those odds.
Not being among the rich I wouldn't know, but what I feel is being played by just about everyone over me.
The government says they don't pay enough and the rich whine about it. In the long run it's me who pays. The rich obviously make money, the government has money to burn. Kind of have a hard time being sympathetic to either. When the government has backed off have the rich? Not really so I fell played. I expect the government to use me so it's not a surprise, but when the rich who want my support to get government out of our lives keeps their hand in my pocket, I get ticked, but but but the rich can never legaly take my freedom like government so I acept the rich abusing me as a consequence of freedom and know a better day is coming. The near future is not so bright.
Not being among the rich I wouldn't know, but what I feel is being played by just about everyone over me.
The government says they don't pay enough and the rich whine about it. In the long run it's me who pays. The rich obviously make money, the government has money to burn. Kind of have a hard time being sympathetic to either. When the government has backed off have the rich? Not really so I fell played. I expect the government to use me so it's not a surprise, but when the rich who want my support to get government out of our lives keeps their hand in my pocket, I get ticked, but but but the rich can never legaly take my freedom like government so I acept the rich abusing me as a consequence of freedom and know a better day is coming. The near future is not so bright.
I'm not rich and probably never will be, unless I win the Powerball jackpot (and I've never bought a ticket). But I'm curious how the rich abuse you or use you or have their hands in your pocket?
I've had rich people give me jobs. I've had to pay less taxes because the rich pay a disproportionately large portion of the taxes through America's fundamentally flawed income tax system. But I can't say that I've ever had a rich man stick his hand in my pocket.
__________________
Politics, it seems to me, all too long, has been concerned with right or left instead of right or wrong. ~Richard Armour
The rich obviously make money, the government has money to burn. Kind of have a hard time being sympathetic to either.
coming from a guy who at every turn throws out that freedom is being lost. It just like if you're pulled over and must show ID and prove if your here legally. Some how that's a violation of your freedom but stealing my money at gunpoint and giving it to someone who didn't earn it and has no right to it, isn't a violation of my freedom. Explain to me how that works?
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Last edited by Fieldmouse; 05-28-2010 at 01:29 PM.
This sure sheds light on what Hillary thinks of the American people.
One reason I dislike liberal "progressive" thought is because they all believe we are backward, and hope to one day make us to be like Europe. Now, we can aspire to be like Brazil?...Good Lord!!!
Maybe I should come down to the Clinton's level and write off my old underwear by donating them to Goodwill. It worked for the Clinton's in Arkansas.
C. Davis
__________________ Am I greedy because I don't want to give you what is mine?
or
Are you greedy because you want to take what is not yours?
I do not believe Hillary is so ignorant as she pretends, thus her argument RE Brazil is disingenuous. The Brazilian economy is not a developed economy but is a developing economy. The US economy has been "developed" arguably since the mid-1950s. When economies that previously were limited by some constraint have this constraint removed, often these economies explode with rapid growth. China is a great example. Korea is a good example. Once these countries achieve "developed" economic state, however, growth slows. We could probably rip this ruse out of Hillary's playbook, turn back the calendar to an earlier era of most rapid US growth, and argue that the tax rate at this earlier era was much lower, hence this proves low tax rates cause high growth rates. Remember, income tax did not even exist until about 1913. When was the period of most rapid US economic growth? Maybe the years before 1913 when the US steel industry and the US oil industry and the US railroad industry were growing rapidly, when Andrew Carnegie, John D. Rockefeller, Leland Stanford were making fortunes and not paying much in taxes. Hillary's comparison is of oranges to kiwi fruit and she knows it, just a rhetorical ruse.
Rich people aren't pulling their share of the load
