NineOneFour wrote:
NineOneFour wrote:
But I'm not insane. I think we need universal health care,
If universal health care in the US were proposed with a measure that would make health care and health insurance less expensive, then I would agree with you. However, I disagree with the present proposals because they are built on the premise that the present situation is economically unsustainable, but then proceed to make the economics of it worse.
NineOneFour wrote:
I think people through no fault of themselves can become sick or destitute and that we need unemployment insurance for 6 months plus,
Unemployment insurance does go for at least 6 months.
Yes, many things can happen to people through no fault of themselves.
NineOneFour wrote:
paid postnatal leave for 6 months,
I disagree with that. Such measures increase the cost associated with employing employees and make employers resist hiring people. That's why countries that have these sorts of extreme paid leave situations tend to have high unemployment. 10.2% unemployment in the US had people reeling like crazy, and we are borderline depression statistics. Places like Brazil routinely have 15% unemployment and while they do have many weeks of mandatory paid vacation and many months of paid maternity leave, and other such mandatory benefits, it is very difficult to find a job and once you have one you are not as free to leave a job you don't like and move to something you do like because there are far fewer employers out there.
The reason I oppose mandatory post natal leave like that is that I think that while the intent is laudatory, the consequences are to severe to justify it.
NineOneFour wrote:
labor rights, and that anyone who makes over $250,000 a year could pony up 40% in taxes
O.k., I'm not sure why you pick 40% and not 50%, but whatever. I guess someone who thinks it should be 35% and not 40% is an asshole in your book, but you've got it right because you pick 40% and not 45%.
There are economic models that probably should be consulted before picking rates out of thin air. There are times when reducing a tax "rate" will result in an increase in total tax "revenue." So, if the goal of taxation is to raise money for the government to operate, then we should be less concerned with what the rates are, and more concerned with how much money is collected. However, if the goal of taxation is social engineering, then that changes one's analysis.
NineOneFour wrote:
and anyone who makes over $1,000,000 a year should pony up 50% minimum in taxes.
Why? Why 50%? Why not 75%? Because one just "feels right?"
NineOneFour wrote:
I think the current political system is stupid.
If you can describe one that isn't stupid, you win a prize.
A lot of people aren't eligible for unemployment benefits, although you are correct, it usually lasts up to 39 weeks. Let's extend it to 52 weeks and increase it to a point where people aren't starving to death.[/quote]
What are the statistics on starvation in the US? Are you using the word "starving" metaphorically?
Why not extend it to 104 weeks? Where do you get 52 weeks as being sufficient?
NineOneFour wrote:
Your comments about postnatal care are flawed and this is me being nice.
In what way? Tell me what I said that was wrong?
NineOneFour wrote:
Comparing the US to Brazil is crazy. Try any Western European nation and see who has lower unemployment AND more postnatal care.
The US generally has much lower unemployment than Western European nations, by far.
Western European nations do not have more postnatal care. They have more paid time off granted to a woman after she has a baby. Those are two different things.
NineOneFour wrote:
"The consequences are severe." How silly.
How so?
NineOneFour wrote:
"There are times when reducing a tax "rate" will result in an increase in total tax "revenue."". Nope. Never happened ONCE. Not ONCE. You lose.
That's false. It has happened.
Tax rates in the 1920s dropped from over 70 percent to less than 25 percent. What happened? Personal income tax revenues increased substantially during the 1920s, despite the reduction in rates. Revenues rose from $719 million in 1921 to $1164 million in 1928, an increase of more than 61 percent. According to Treasury Secretary Andrew Mellon:
The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business and invest it in tax-exempt securities or to find other lawful methods of avoiding the realization of taxable income. The result is that the sources of taxation are drying up; wealth is failing to carry its share of the tax burden; and capital is being diverted into channels which yield neither revenue to the Government nor profit to the people.
President Hoover dramatically increased tax rates in the 1930s and President Roosevelt compounded the damage by pushing marginal tax rates to more than 90 percent. Recognizing that high tax rates were hindering the economy, President Kennedy proposed across-the-board tax rate reductions that reduced the top tax rate from more than 90 percent down to 70 percent. What happened? Tax revenues climbed from $94 billion in 1961 to $153 billion in 1968, an increase of 62 percent (33 percent after adjusting for inflation).
According to President Kennedy:
Our true choice is not between tax reduction, on the one hand, and the avoidance of large Federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenues to balance our budget just as it will never produce enough jobs or enough profits… In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now.
The inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).
According to then-U.S. Representative Jack Kemp (R-NY), one of the chief architects of the Reagan tax cuts:
At some point, additional taxes so discourage the activity being taxed, such as working or investing, that they yield less revenue rather than more. There are, after all, two rates that yield the same amount of revenue: high tax rates on low production, or low rates on high production.
NineOneFour wrote:
As for your condemnation of my tax rate examples, I picked the minimum I'm comfortable with. If you want to raise it higher than that, enjoy.
So, just so we're clear - you rail against those who pick lower rates than your subjective comfort level requires, and consider yourself "right." That's convenience. So, if someone says they think a 35% tax rate is sufficient, they are the bad guys, and since your "comfort level" tells you 40% is better, then you're the good guy.
NineOneFour wrote:
Social Democracy has worked in Canada, Norway, Sweden, Finland, Denmark, France, Germany, Switzerland, Austria, the Netherlands, Belgium, and Luxembourg at least. So it's not stupid. Where's my prize?
Our form of government in the US has "worked" here too. There are plenty of problems in those countries you have listed. I've never claimed their systems have no redeeming qualities, or that people aren't able to live out their lives under those systems. However, the US has done pretty well over the last 230 years. Not too shabby. Nothing says we have to follow the social democratic model.
You'll find the only places where it really works extraordinarily well are in states of plenty. Like, for example, Norway. They have a population of 4.5 million, and a per capita GDP surplus that is huge, giving their government gobs of money to work with. They get this from a disproportionately large supply of natural resources and a disproportionately small population. That's when socialism really works. Socialism is great in a state of plenty, but bad at allocating scarce resources.