the Democrats and Warren Buffet dont have basic math skills.

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ivwshane

Lifer
May 15, 2000
33,607
17,164
136
Do some reading....

http://bachus.house.gov/index.php?option=com_content&task=view&id=1398
http://www.sensibleregulations.org/
http://www.nahb.org/news_details.aspx?newsID=15823
http://www.washingtonpolicy.org/blog/post/regulatory-burden-small-businesses-increasing
http://www.heritage.org/research/te...strative-burdens-on-americas-small-businesses


There are a lot of companies that cannot exist today because starting one from scratch would take a tremendous amount of capital just to navigate all the local, state and federal regulations. Regulations that large corporations can easily afford a whole legal department to study and make sure they are in compliance. And of course, if they are not... they have the money to purchase a senator or two.

Every bought moonshine from a liquor store? It tastes like crap. That is my brief lesson in burdensome regulations.

Let's see: your claim was that burdensome regulations were preventing small companies from growing, I asked which regulations.

Your response:
1 talking points from a congressman with no specific regulation cited. Did his feel good, stern letter move you? I bet it did.

2nd link talks about the federal government duplicating market created regulations. These are regulations that the market has demanded, if a small businesses can't meet the needs of the market then it should probably find a different business to be in.

3rd link is about the federal government not following the law requiring regulations to be smarter and more efficient. Hopefully congress can address the issue and enforce the law.

4th&5th link say the same thing; more feel good talk about non specific regulations.

My point is that saying regulations hurt businesses is no different than saying businesses hurt people. Both statements are true, in that you could find examples of both but the statements themselves are ridiculous when using broad strokes. The issue isn't over regulation because I'm sure there are plenty of regulations you approve of, the issue is specific regulations (your third link was a good example) that are either unneeded or not well thought out.
 

dank69

Lifer
Oct 6, 2009
37,446
33,147
136
yes, but higher top marginal rates have never resulted in significantly more revenue than lower top marginal rates... the more the top marginal rate is above 50%, the less high-income people will want to work.
That's why I said cap gains need to be raised as well. It's not so much that they stop working, it's that they find other ways of compensation that aren't subject to income tax.
 

Anarchist420

Diamond Member
Feb 13, 2010
8,645
0
76
www.facebook.com
That's why I said cap gains need to be raised as well. It's not so much that they stop working, it's that they find other ways of compensation that aren't subject to income tax.
they already raised it by 1/3 from the 15% rate part of the bush tax cuts.

capital gains taxes really suck though because they cause inflation. congress never wouldve legislated them if the elites didnt support them.

and maybe if the capital gains taxes and legal tender were repealed and the u.s.mint abolished, we'd have a more stable dollar.
 

dank69

Lifer
Oct 6, 2009
37,446
33,147
136
they already raised it by 1/3 from the 15% rate part of the bush tax cuts.

capital gains taxes really suck though because they cause inflation. congress never wouldve legislated them if the elites didnt support them.

and maybe if the capital gains taxes and legal tender were repealed and the u.s.mint abolished, we'd have a more stable dollar.
How do CG taxes cause inflation?
 

1prophet

Diamond Member
Aug 17, 2005
5,313
534
126
And the American people have lived up to their end of the social contract by purchasing only from American companies to support those decent wages or did it end up more like this:

walmart-435cs101512.jpg
It's easy to blame the sheep, but do sheep really stand a chance when the shepherds lead them over a cliff?
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
It's easy to blame the sheep, but do sheep really stand a chance when the shepherds lead them over a cliff?

Nobody lead them over the cliff. They were more than willing participants. It reminds me of the Tucker movie where everyone laughed at the notion of our car radios being made overseas.
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,402
8,574
126
yes, but higher top marginal rates have never resulted in significantly more revenue than lower top marginal rates... the more the top marginal rate is above 50%, the less high-income people will want to work.

those super high marginal rates were full of loopholes.