/biz/ - Business & Finance

>>13447792
Fuck off Ivan

>>13422505
I was actually going to say as much in that post, citing Norway as an example of "bad surplus" ($195,000 per citizen, lool) but I got lazy, I was more alluding to the inefficiency of government itself despite basically getting free money at every level of economic activity in contrast to businesses that involve risk management and often (but not always) operate at slimmer margins than are commonly understood.

>>13414210
...I have to admit I didn't expect that to actually work.

>>13406844
Sounds like a great idea. As long as we're on the subject we should make it legal to rape people more attractive than us too, as long as taking their money at gunpoint is on the table as well

Most big corporations have a net profit of 5% or less, even with the CEOs generally being paid the equivalent of a few dollars per employee. The remainder-their gross profit-represents money paid to employees, goods and services purchased from other companies, taxes paid and so on.

The effective tax rate in the 50s was closer to 40% than it was 90% (which you'll note is little higher than what our taxes were in recent days), and that "90% tax rate" didn't stop the country from accruing, at that time, historic levels of debt. It was only tolerated because, though the U.S. was comparably "diverse" with different kinds of Europeans, much of the civilized world in the far east was closed for business (globalism as we know it hadn't really happened yet in part because China didn't realize how fucking gay Maoism was).

The U.S. people have been victims of the U.S. nations' success in some ways. Because we unified much of the civilized world we are the ones that largely have to pay the consequence of maintaining it. US spends 3% of its gdp on military while the EU sits back and barely makes half of its 2% obligation to NATO. US firms are responsible for the development of over 60% of new pharmaceutical drugs while the EU both refuses to pay anything above wholesale price for these drugs and also charges the US 5 to 10 times more for long known, lifesaving compounds like insulin for which they have a disproportionate influence on the market.

In short, if you think that "taxing the rich" is going to solve the very specific problems in the U.S., you are an astronomically retarded faggot who should kys yourself immediately

>>13223918
Kill yourself cuck, until recently the US had among the highest corporate tax rates in the world (39%) and it's one of the reasons our country got hit by globalism the hardest when it comes to jobs and wage growth. Stop acting like tax money goes directly into your pocket instead of towards woefully inefficient programs and other stupid shit you retarded fucking faggot. The government is run by 105 IQ tech illiterate boomers, if you think giving all the money to the same people that run the DMV is a good thing you should probably just kill yourself

>>13047632
>seize their assets

lmoa

>>12913106
Let's hope they're not so short sighted as all that, but if that's what's coming in the near future post Trump then for fuck's sake let me accumulate first

>>12890510
>>12890522

You know what, you're right. We should be given wealth closer to our labor value. This can be achieved by abolishing income and payroll taxes.

I just took a $10,000 personal loan out from Wells Fargo and it took me less than an hour to apply and be approved. Feels good