Article

2004-08-23 Britain

Think tank: Britain needs new wealthy tax

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Posted by .com 2004-08-23 1:42:27 AM|| || Front Page|| [1 views since 2007-05-07] Top

#1 Great Olde Idea: squeeze the sh*t out of the golden goose to get more eggs. The rich brits will just start taking their money elswere, the golden geese will leave a dump on the lawn and the UK socialists will just have a big pile of sh*t on their front yards. Bunch of maroons.

Posted by Alaska Paul 2004-08-23 3:38:02 AM|| 2004-08-23 3:38:02 AM|| Front Page Top

#2 IPPR (Institute for Public Policy Research) is a left-wing ~~think thank~~ propaganda machine. It has lost its influence with the Blairites and has now turned to supporting his overthrow from within the more radical leftist interests of Labour.

Posted by Jack is Back 2004-08-23 4:02:14 AM|| 2004-08-23 4:02:14 AM|| Front Page Top

#3 We have room for more rich people in Indiana. We don't change tehm much because they tend to bring jobs with them.

Posted by Super Hose 2004-08-23 9:40:17 AM|| 2004-08-23 9:40:17 AM|| Front Page Top

#4 Chase "the wealthy" into tax exile again, as happened in the 70's. Boffo idea. Not.

Posted by eLarson 2004-08-23 10:08:51 AM|| [http://larsonian.blogspot.com] 2004-08-23 10:08:51 AM|| Front Page Top

#5 There's a problem with people who have absolutely no pattern recognition: "Ow! My hand hurts! I wonder what happens when I hit myself on the hand with a hammer? Ow! My hand hurts! I wonder what happens when I hit myself on the hand with a hammer? Ow!, etc.
The same applies to the Left and economics.

Posted by Anonymoose 2004-08-23 10:18:24 AM|| 2004-08-23 10:18:24 AM|| Front Page Top

#6 ...In one of his books, Rush Limbaugh tells a story about a congressman, who, as an excercise, asked the CBO to figure out exactly how much money would be raised if the US Government simply confiscated every dime we made. The CBO crunched some numbers, came back and said: "In fiscal OX, we'd get whatever. In fiscal OY, it would go up by so much percent to..."
In other words, they were working on the assumptions that either A): we'd sit here and let them do it, B): we wouldn't all move somewhere else, or C):We wouldn't rise up and tear the whole thing down. Sounds like these guys now work in the UK.

Mike

Posted by Mike Kozlowski 2004-08-23 11:20:23 AM|| 2004-08-23 11:20:23 AM|| Front Page Top

#7 I also worry about a growing elite class that never earned their wealth and power but instead married it or inherited it. I doubt that growing up super rich instills values and experience that help the US. Consider Teresa Heinz or look at the 527 donors.

I donât know how to deal with the problem. High taxes will drive the wealth to other countries. The super rich can also afford the tax lawyers and accountants and have the political power to avoid most taxation.
So far too much wealth in the hands of the super rich hasnât been a major problem in the US because new created wealth continues to be spread through out most of society.

The super rich are a problem in Latin and South American countries.

Posted by Anonymous5032 2004-08-23 12:59:53 PM|| 2004-08-23 12:59:53 PM|| Front Page Top

#8 But guys, it's For The Children^TM!!

Posted by Raj 2004-08-23 1:17:47 PM|| 2004-08-23 1:17:47 PM|| Front Page Top

#9 "Should five percent appear too small,
Be grateful I don't take it all..."
-- The Beatles, "Taxman"

Posted by mojo 2004-08-23 1:23:12 PM|| 2004-08-23 1:23:12 PM|| Front Page Top

#10 Think tank: Britain needs new wealthy tax

Cannibalism is always so much more palatable when you dress with a child's rags.

"Won't someone please think of the children!"
[/Mrs. Lovejoy]

Posted by Zenster 2004-08-23 1:41:38 PM|| 2004-08-23 1:41:38 PM|| Front Page Top

13:28 Atomic Conspiracy
13:28 Atomic Conspiracy
13:29 Atomic Conspiracy
13:29 Atomic Conspiracy
03:41 dacau forever
03:34 dacau forever
04:21 dacau forever
21:35 Zenster
09:55 Anonymous6160
08:40 ed
08:05 GreatestJeneration
07:50 Aris Katsaris
05:07 True German Ally
03:41 Zenster
03:18 paracletes
02:27 True German Ally
02:17 .com
02:14 Super Hose
02:11 Zenster
01:47 Brewer
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00:48 True German Ally
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00:32 .com