Here's a fact... Of all the scandinavian successful democratic socialist countries, there is a 50% GDP tax. I've asked several times for those that support socialism on how they plan on taxing at that rate without USA revolting. Still no answer...
Corporate taxes is an entirely different issue brother. Show me where individuals are taking their income and parking 2.1 trillion overseas? See here's your problem with that link. The moment they bring it back into this country, they pay tax on it. So that doesn't work.
You made that up. How can they average 50% when the highest country in the world is 49%? https://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_as_percentage_of_GDP
That's why its still off shore. To bring it back they want to pay only 5% tax on it. Why do you people act like this is not true when we all know?
http://unofficialnetworks.com/2011/07/millionaires-billionaires-sf-bay-area How Many Millionaires & Billionaires are in the SF Bay Area? - 224,800 millionaires between San Francisco & San Jose Metro Areas in 2009 (and there are thousands more if you added Atherton, Blackhawk, Palo Alto, Woodside, & more to it) – 138,300 households in the San Francisco Metro Area and 86,500 in the San Jose Metro Area had $1 million or more in financial assets in 2009 (source: Capgemini).
224,800 millionaires in the SF bay area alone. When Reagan first took office, there were just 4,000 in the entire united states. When he left office, there were 64,000. The rich aren't getting richer. 220,800 in SF Bay Area alone became rich.
If done for the working class, high tax causes most services you now pay for, to be free. But if the leaders were installed by the CIA, high tax just lines the leaders' pockets, to motivate their submission to Western Intelligence.
Netherlands at 39%. So let me rephrase it then. Tell me how you plan on upping the tax on everyone to a 40% GDP without revolt?
That's totally fine. Problem... Let's see if you can sell this to the voters. They would revolt from a 10% tax hike, which would be the least you need to be close.
Instead of cherrypicking Silicon Valley, find the numbers for the whole nation. Then find how much wealth was transferred from the labor of the poor to pay for the enrichment of San Francisco.
Well, at least you admit that Republican/Libertarian selfishness is revolting. It's a small step, but an important one. barfo
