/biz/ - Business & Finance

I dont even know what Inter-Dependence and Autarky means.

>>24624995
Inter-Dependence= countries are dependent on each other
Autarky= country is seld sufficient

>>24624945
Flat tax faggot

>>24625643
Yes, it's more fair

>>24625651
ya cuz a guy that makes 20k a year and pays the same amount of tax as a guy that earns 200k a year is totally fair. The more you make the more you can pay.

>>24625700
this is so stupid it's hard to imagine it could be real. but these types usually are quite fucking retarded, so who knows?

>>24625700
Yes, but percentage. 15% from 200k is still more than 15% from 20k. I'm against forcing someone to pay 20% while others pay 15%.

>>24625789
except the guy with a 200k salary can easily pay 15% tax while the guy making the 20k is going to be hit a lot harder by that same cut. so its fair to increase the 200k to 20% and the 20K down to 10% because the 200k guy can still afford that cut and the 20k guy can afford the ten much better.

>>24625938
It's not about what he can afford, he earned the money rightfully, I don't want to take more than I have to

>>24625938
>>24625700

Retards detected.

Under that logic, whenever
you go out to eat, the restaurant should also charge you more or less depending on how much you make or how well dressed you are.

Being able to "afford" something doesn't mean everyone else should try to squeeze more out from you. How the fuck do you call that "fair"?

>>24625938
full retard commiecuck opinion
a guy with 20k salary -> 3k paid to the state
a guy with 200k salary -> 30k paid to the state
if you're earning more, you pay more tax by default
hiking the tax rates for the people that are more successful just encourages them to look for loopholes in the tax system and exploit them
it's inherently unfair

post results, faggots

>>24626758
It doesn't matter whats 'fair' you retard. It's societally better for the lower class to be taxed less than the upper middle class. The person making 20k is going to be hit way harder by paying 3k than the 200k guy paying 30k. We don't want more slums, more violent people, more drug addicts, more broken homes.

This is how you have a country full of slumniggers and people living in gated communities. One of the goals of the state is societal stability, stfu you irresponsible faggot nigger

>>24624945
based autarchy btw

>>24627343
>globalist

>>24626849
poorfags are poor either poor because they are drug addict criminals that dont want to have a job or because the government is keeping them poor you retard.

>>24625938
faggot

>>24624945

I hate taxes so don't even look at the bottom thing

>>24628387
Free trade Chad

>>24629511
Can someone explain to a non-Burger what libertarianism and statism is supposed to mean?
Im from Ireland btw.

>>24629655
In very broad terms.
Libertarianism is basically not wanting the state to intervene in the economy and letting the market do its thing.
Statism is the opposite, it's basically bootlickers willing the state to be their nanny and take care of everything

>>24629715
> Libertarianism is basically not wanting the state to intervene in the economy and letting the market do its thing.
That’s exactly what free trade means

>>24624945
t. actual economist
A lot of these questions are normative in nature and some of them are downright silly lol
I hope no one answered that a foraging economy was advantageous

>>24625773
if cost of living stays the same and can be considered a baseline, why wouldn't progressive tax make sense?

inb4 emotionally charged responses with low IQ name calling

oh

>>24624945
Based

>>24626043
>earned the money rightfully

anon, are you new to capitalism?

You think the same skill set in a poor country would yield the same results?

You think the wealthy just worked harder and are more talented than the rest?

Fuck sake, how many temporarily embarrassed millionaires are there on this board?

>>24629953
Also I cut it out mistakenly but the little circles at the bottom for me were Chicago school and Austrian school. Which I would say is pretty accurate, though I reject certain core aspects of Austrian econ

>>24626335
You're close. There is a bottom line as far as how inexpensive a meal (cost-of-living) can get depending on all other parts of the system. Once there are people who can't afford to eat, we're unironically doing it wrong. Also, suggesting those people are somehow exclusively to blame for their own problems is typical elitist nonsense. Populations being too shortsighted to understand the unsustainability of unfettered capitalism is an unfortunate sign of a collective mental deficit that has been preyed upon for decades.

>>24628277
>my failures are someone else's fault

>other people's failures are their own fault

>>24630204
>temporarily embarrassed millionaires
Wage for 40 years, invest as much money as you can afford into SPY/VOO, and you will be a multimillionaire by retirement. it's really that simple and easy and there are even ways to beat that with some research. Median household income is <$70k which means if you live off of the 4% rule you need just over $2m to collect dividends, sell about 2%, get taxed 15% LTCG, and will still beat inflation every year.

>>24624945
Let me guess, you’re Jewish but identify as white?

>>24624945

>>24627343
Libertarian globalist lmao

>>24624945
This test is retarded, has false dichotomies, stupid reasonings, repetitive questions and panders to simpleminded austrian coomers.

t. another libertarian

>>24630226
What do you reject? If you really are an economist, I'm genuinely curious as to what you disagree with.

Chad coming through.

>>24630080
it just doesn't work fren. keynesian economics is the biggest ponzi in history - and the progressive tax is just another cog in that wheel. you seem too closed minded to consider other economic models beyond the one you've clearly locked in to - which is tantamount to socialized slavery - so i shouldn't even be wasting my time responding. but the current system (corrupt cronyism) and the leftist solutions (slavery socialized) are not the answer. most honest, self-respecting, and enlightened individuals will come to the logical realization that liberty is always better than slavery.

>>24631709
>interdependent
cringe

High restrictions on foreign goods and international trade but a large degree of liberty within the state.

Yeah

>>24629736
Free trade versus protectionism has to do with goods entering/leaving the country. High tariffs are protectionist. They encourage the consumer to produce goods produced within their nation.

Yeah v2

>>24632083
>They encourage the consumer to produce goods produced within their nation
My mistake... They encourage the consumer to CONSUME goods produced within their nation

>>24624945
what does that little symbol mean at the bottom

>>24632476
thats a nice looking result
that symbol at the bottom is a fasces. i think it implies you are a fascist in your beliefs

>>24632525
>>24632030
not a bad looking result yourself. the nation exists to exert strength on its neighbors, not on it's people.

>>24624945
>"an organic economy that is tied to nature"
what the fuck does this even mean

>>24631870
liberty is a wonderful idea when dealing with well-adjusted adults in a perfect scenario

the amount of greed and financial addiction represented by the actual application of said system is much more childish and short-sighted

I completely agree with you regarding what socialism would actually look like and how shitty crony corruption is, however, it can't be denied we'd be stifling a lot of growth by doing away with social security, welfare, ACA, education grants, etc.

incentivizing reinvestment into society and community rather than hoarding would be a step in the right direction IMO

>>24632030
pretty based desu

>>24633400

back to monke

>>24632030

This is the only way. People who crow about keeping trade totally free are morons. It can be weaponized against you by hostile powers just like a conventional invasion, it's tantamount to refusing to guard your borders. If someone like China is subsidizing massive dumping of steel to kill your steel industry you address that you don't just let 100% of your steel productivity die.

>>24630597
>just wage for your whole life and become a decrepit old millionaire so the flat tax doesn't hit you as bad

This test is broken biased shit written by people who haven't read either adam smith or karl marx and shows by the test pinning me as a marxist mercantalist fascist which is the most absurd thing I've heard all week