Will Raising Taxes Cause The Rich To Leave The United States Or Are They Bluffing?

You are speaking form ignorance. Not surprising really. Letting people keep as much as possible of what they earn isn't kissing people asses, its being honest. The rich don't steal crap they don't need to and doing so is counter productive to staying rich and getting richer. You get rich in this country, as in every other country in the world, by finding a product or service that you can provide at a price people will pay for it. To that end it should be the lowest price commiserate with your costs and with enough mark up to make it worth your time to do that job.

 

To the unbrainwashed they seem obvious, I suppose. Who needs thieves?

 

Their investment strategies can be managed by our Government, if we raise taxes on shipping money and jobs overseas then they will have no choice but to keep jobs here.

 

Awesome argument. Is this an area you have studied? LOL.

Heheh. I am sorry I am laughing at you but that is the only correct response.

 

I plan to work less. I already have about 1/3rd of my investments elsewhere.

 

This deserves multiple "likes". I think he puts much of his free time into it.

 

This is why the soft tyranny of massive rules and regulations eventually leads to imprisonment and murder. Many people have the heart of the tyrant. Your post provides a useful example of it.

 

We have learned from Nazi Germany, our new government regulations will not lead to imprisonment and murder.

We are attacking the Rich, they will not engage in a physical revolt, only political.

 

Darn it. If we would just allow the rich to take whatever they want, they'd be nicer to us all and take a little less for themselves. "Keep as much as possible of what they earn"....this apparently applies only to corporate fat cats...not to the actual workers. Got it.
"To that end it should be the lowest price commiserate with your costs and with enough mark up to make it worth your time to do that job"...this second phrase seems to contradict the first one IMO.Keep "costs" as low as possible by paying the actual workers as little as possible, yet letting "people" ...."keep as much as possible" of what THEY earn????
I'll sum it all up much more simply.

"Just take care of the rich".....Right?

 

They don't take. In a free society they can't. They can only be taken from. The quickest way to get richer is venture capitalism. 'AS little as possible' is not determined by the businesman, it is determined by labor demand. Skilled machinists and CNC programers right now are making 15 - 20 dollars and hour even in non union shops because the skills are increasingly rare. Code welders are doing even better. The government will pay your way to a trade school if you happen to be African American or Latino. Or you can join the airforce or Navy and get the training for free. As long as most of the idiots in the US go to college or university and major in dramatic arts or basket weaving or Ethnic studies where there are twenty people hunting a job for each job available rates for skilled trades are only going to climb.

 

Let me just say that I respectfully disagree with your version of corporate crapitalism.

 

Let some people take as much as they like, and pay actual workers as little as possible. People are waking up to this double talk though...

 

And what makes you think I'm talking about corporate capitalism? Most of the Outfits supplying the needs of the big boys are small outfits that gross less than a 100 million a year. Hell the last three companies I worked for as a machinist didn't gross 100 million a year and two of them grossed less than 50 million a year. Yeah that sounds like a bunch of money to you and me but the reality is that in the business world that is chump change. There are probably more than fifty machine shops in the town I live in that don't have ten employees, and a lot of those consist of a guy who bought a used engine lathe rebuilt it ditto a bridge port type mill set em up in his garge and makes sixty to seventy k year and has nobody there but himself and sometimes his son or his wife if it gets really busy.

 

Land of the free. Home of the brave. Where true patriots follow dollar signs wherever they may lead by giving lip service to love of country.

 

Why ship money to an ungrateful government who will in turn give it to a bunch of even more ungrateful over paid and underworked bureaucrats whose primary raison d'etre involves making everyone else's life more difficult in ways unimagined by this country's founders or anyone who lived in this country prior to the Administration of Woodrow Wilson.

 

I perceive that you have no understanding of what it means to live free.

Are you one of those who believe we all belong to the government? Or maybe you simply have not thought long enough to get past the democratic talking points.

I feel sorry for you. You believe you are wise. And you believe that plundering me will make you rich. You are wrong on both counts.

 

And if you want to try a side by side comparison of love of country...
Me, 20 years US Army.

You?

 

Let them move. They will still have to pay taxes on their American businesses. And they won't be breathing down our necks all the time!

 

Yes, and Obama is "Absolutely" willing to go off the fiscal cliff. Both sides are holding the American people hostage until they get what they want, and the only people to suffer will be the Middle Class. Good work Obama, you are suppose to be our leader, but you are unwilling to seek compromise and be the bigger man for our sake.


I'm not defending Republicans but, it is kinda Obama's job to protect the American people from large tax hikes and rapid inflation if he can, and he can, but he is unwilling to because it hurts political parties views. I'm sorry (*)(*)(*)(*) Democrats (*)(*)(*)(*) Republicans they are all a big bunch of dirt bags.

 

one-third of my money has moved overseas. That money will benefit some other country's economy. I will not bring it back until .there is Nobama.

 

Some people were born to be tools. You need look no further.

 

Actually taxes are a big part of capital moving from high tax locations, and when they do labor effectively pays the tax for them.

Over taxing business is not a right wing or even a conservative opinion, it is simple good business for capital to leave any area which is hostile to their profits. As an economist I have had the unfortunate occasion of watching several good businesses leave California because of excessive taxes and disproportionate labor costs. Recently we observed one of Washington States largest industries build a new expansion facility in South Carolina because of those high cost factors.

My own employer was effectively forced out of the US to expand a manufacturing facility because of unfriendly business policies in the US. It is disappointing to see this happen, but it is not unexpected.

 

You really don't know what you are talking about. The right wing has nothing to do with business moving.

 

I don't think it will, but it will cause rich people to change their residences within the United States.

So, if you're a rich guy or gal reading this, come to Florida! Beautiful weather. Pro business. And low taxes!

 

Spain is a bigger welfare state than the United States, American businesses are betraying Americans and creating jobs in Europe not because of lower tax rates, but because European welfare states invest in their populations educational expenses.

These treacherous, wealthy businesses, continually lobby to escape paying higher taxes for investments in the American education system.

Now America is filled with uneducated dunces in a terrible economy, who can't meet the demand of high skilled labor. And the 'Patriotic American Business Men' outsource American jobs to Europe, under the false pretense of lower tax burdens.