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View Full Version : Obama Hillary urges Global Tax the Rich.


HonestChieffan
09-25-2012, 08:36 AM
Meanwhile Obama was on the View......


http://www.weeklystandard.com/blogs/hillary-clinton-pushes-global-tax-elites_653011.html



In remarks this morning to the Clinton Global Initiative, Secretary of State Hillary Clinton proposed a radical idea: a global tax on elites around the world.

“One of the issues that I have been preaching about around the world is collecting taxes in an equitable manner, especially from the elites in every country,” Clinton said to laughter from the audience. “You know I’m out of American politics, but – (applause) – it is a fact that around the world, the elites of every country are making money.”

Clinton continued her rift on the rich. “There are rich people everywhere. And yet they do not contribute to the growth of their own countries.”

The secretary of state suggested that the rich around the world do not give back to their communities. “They don’t invest in public schools, in public hospitals, in other kinds of development internally,” said Clinton.

HonestChieffan
09-25-2012, 08:37 AM
Hillary must not know property tax is a huge part of local school funding.....The uber rich must live in mobile homes and not spend anything so they avoid sales taxes too.

Stupid woman needs to go back to Ark.

Amnorix
09-25-2012, 08:42 AM
To the degree you're suggesting (and I'm not sure you are) that "global tax" means that the UN or some other multi-national body tax the wealthy, that's not anywhere in her comments, and isn't even a reasonable inference from her comments.

Regarding her final comment there about not investing in internal development, I think she's talking about trends worldwide, and not specifically about what the wealthy in the US do. I honestly don't know what Russian Oligarchs etc. do, mostly because I don't really care that much, but since it is the Clinton GLOBAL Initiative, I can see how her message to the countries of the world to lean on the wealthy more, tax-wise, to fund necessary improvements makes sense. Obviously, the distribution of wealth worldwide is basically criminal, with millions living in abject, stunning poverty while an elite few live like kings.

Amnorix
09-25-2012, 08:42 AM
Hillary must not know property tax is a huge part of local school funding.....The uber rich must live in mobile homes and not spend anything so they avoid sales taxes too.

Stupid woman needs to go back to Ark.


It's the Clinton GLOBAL Initiative fool. She isn't talking about Arkansas or Iowa, she's talking about policies in Indonesia and Chad.

HonestChieffan
09-25-2012, 08:51 AM
It's the Clinton GLOBAL Initiative fool. She isn't talking about Arkansas or Iowa, she's talking about policies in Indonesia and Chad.


Jesus you are thick.

Amnorix
09-25-2012, 08:54 AM
Jesus you are thick.


You're the one making absolutely absurd posts:


Hillary must not know property tax is a huge part of local school funding.....The uber rich must live in mobile homes and not spend anything so they avoid sales taxes too.

Stupid woman needs to go back to Ark.

HonestChieffan
09-25-2012, 09:01 AM
What is absurd about a post that relates to a speech given by your Sec of State?....She simply said stupid things in her desire to expand the administrations attack on the wealthy. Property taxes are a source of funding for schools in many countries. She did the usual overreach by a politician and in the process looks foolish.

Im sure her major interest is higher education in Chad, better school lunches in Somalia. Who does she think invests in hospitals?

Class warfare for the globe. What total bullshit.

FishingRod
09-25-2012, 09:05 AM
"In remarks this morning to the Clinton Global Initiative, Secretary of State Hillary Clinton proposed a radical idea: a global tax on elites around the world."


Seems to be what this idea is about

Comrade Crapski
09-25-2012, 09:15 AM
“One of the issues that I have been preaching about around the world is collecting taxes in an equitable manner, especially from the elites in every country,” Clinton said to laughter from the audience. “You know I’m out of American politics, but – (applause) – it is a fact that around the world, the elites of every country are making money.”

"collecting taxes" ie wealth confiscation.

http://www.iaza.com/work/120926C/iaza18636363037500.jpg

Dick Bull
09-25-2012, 09:19 AM
What is absurd about a post that relates to a speech given by your Sec of State?....She simply said stupid things in her desire to expand the administrations attack on the wealthy. Property taxes are a source of funding for schools in many countries. She did the usual overreach by a politician and in the process looks foolish.

Im sure her major interest is higher education in Chad, better school lunches in Somalia. Who does she think invests in hospitals?

Class warfare for the globe. What total bullshit.

You left this out: She continued, saying that it is up to foreign leaders to make the change. "And so it means for leaders telling powerful people things they don’t want to hear," Clinton said.

"It means being transparent about budgets and revenues and bringing corruption to light. And when that happens, we shouldn’t punish countries for uncovering corruption. We should reward them for doing so. And it means putting in place regulations designed to attract and protect investment."

Clinton's boss, Barack Obama, has made raising taxes on the rich--at least, raising taxes on wealthy Americans--a centerpiece of his reelection campaign.

She's obviously talking about other leaders making change, nothing to do with Obama. Hilarious that you left it out though, because it doesn't really do anything for your claim, in fact it discredits it.


Are you really to the point that you have to edit rwnj articles to prove your point?

patteeu
09-25-2012, 09:51 AM
Did she mention that the US middle class is a part of the world elite? Something like 63% of Americans are in the Global 1%.

Dick Bull
09-25-2012, 10:03 AM
Did she mention that the US middle class is a part of the world elite? Something like 63% of Americans are in the Global 1%.

So you're saying at home she supports raising the taxes on the uber rich?

That's earth shattering news.

LOCOChief
09-25-2012, 10:26 AM
divide and conquer.

HonestChieffan
09-25-2012, 11:00 AM
You left this out: She continued, saying that it is up to foreign leaders to make the change. "And so it means for leaders telling powerful people things they don’t want to hear," Clinton said.

"It means being transparent about budgets and revenues and bringing corruption to light. And when that happens, we shouldn’t punish countries for uncovering corruption. We should reward them for doing so. And it means putting in place regulations designed to attract and protect investment."

Clinton's boss, Barack Obama, has made raising taxes on the rich--at least, raising taxes on wealthy Americans--a centerpiece of his reelection campaign.

She's obviously talking about other leaders making change, nothing to do with Obama. Hilarious that you left it out though, because it doesn't really do anything for your claim, in fact it discredits it.


Are you really to the point that you have to edit rwnj articles to prove your point?


Sad you can vote really

patteeu
09-25-2012, 11:04 AM
So you're saying at home she supports raising the taxes on the uber rich?

That's earth shattering news.

I have no idea what this post means. It's like you don't even bother to read the posts you quote.

Dick Bull
09-25-2012, 11:05 AM
Sad you can vote really

ROFL Wouldn't want anybody to read the whole thing and find out you're misrepresenting the position.

Stick to cutting and pasting, because you suck at editing.

patteeu
09-25-2012, 11:07 AM
Sad you can vote really

It really is disturbing.

Dick Bull
09-25-2012, 11:07 AM
I have no idea what this post means. It's like you don't even bother to read the posts you quote.

I missed the part where you mentioned the US middle class. Point being she is referring to global leaders initiating a tax on their population.

This has nothing to do with America.

Dick Bull
09-25-2012, 11:08 AM
It really is disturbing.

Ah how cute, kindred spirits.

ChiefsCountry
09-25-2012, 12:43 PM
Why in the hell do the Liberals hate people making money?

Amnorix
09-25-2012, 12:46 PM
Sad you can vote really


I'm sure it annoys you when others point out how wrong you are, but it's really not a reason to take away their right to vote. Just sayin'.

vailpass
09-25-2012, 02:48 PM
Hilary's cock can give you genital warts just by pointing in your general direction.
SO WATCH YOUR BUTT!

AustinChief
09-25-2012, 03:05 PM
Has no one commented on what this obviously is about?

It seems pretty clear that this is about implementing a "Saverin-rule". If you want to raise taxes here in the US, you damn well better make sure other countries follow suit or sit back and watch the "elites" head for friendlier environs. The world is far too small these days. Any multi-millionare could move to Costa Rica and have an amazing quality of life and still have access to EVERYTHING we have here. The internet alone assures that.

I look at the exodus of wealthy people from California to Austin where there is no state tax and real estate is reasonable... and Austin is not even close to as pretty as Southern California. What's to stop someone from choosing to live in the Cayman's over Pittsburgh or Chicago?

Right now it's hardly worth the trouble, the US is still top 10 as a tax friendly country (or at least close enough if it isn't)... obviously, the plan is to change that.

AustinChief
09-28-2012, 12:27 AM
Nothing? Nobody is gonna comment on my take? Is it that self evident or am I the retarded kid who is being ignored so as to not embarrass him further? :D

qabbaan
09-28-2012, 05:27 AM
I look at the exodus of wealthy people from California to Austin where there is no state tax and real estate is reasonable...

The area where I live in FL has a lot of people immigrating from the northeast. It's not an area where retirees have usually chosen to move, these are educated young professionals or young families. Cost of living is low, overall taxes are pretty low, no state income tax, climate is great, real estate is reasonable. Why not?

qabbaan
09-28-2012, 05:34 AM
Right now it's hardly worth the trouble, the US is still top 10 as a tax friendly country

Yeah, until we have to pay for socialized medicine...

Really though, states don't have people captive the way they did 50 or 100 years ago. Travel by any means is cheaper and easier. You can keep up with family and friends easily today through technology. You can search for jobs across the country just as easily as one in the neighborhood. People are a lot less limited to living in the area where they grew up, and more inclined to seek confines that maximize their standard of living.

As people working remotely becomes more and more common, I think this will increase greatly.

Dick Bull
09-28-2012, 05:47 AM
Yeah, until we have to pay for socialized medicine...

Really though, states don't have people captive the way they did 50 or 100 years ago. Travel by any means is cheaper and easier. You can keep up with family and friends easily today through technology. You can search for jobs across the country just as easily as one in the neighborhood. People are a lot less limited to living in the area where they grew up, and more inclined to seek confines that maximize their standard of living.

As people working remotely becomes more and more common, I think this will increase greatly.
Are you referring to a mass exodus from this country?

AustinChief
09-28-2012, 07:41 PM
Are you referring to a mass exodus from this country?

I am. Well not exactly "mass" but an exodus of elites if we make the tax code too unfriendly. Which is what I think Clinton knows will happen unless we can get more foreign countries on board with higher taxes. To me, this appears to be a blatant attempt to give the rich "nowhere to run to." Once you accomplish that, you can tax the crap out of people.

BigRedChief
09-28-2012, 08:25 PM
I am. Well not exactly "mass" but an exodus of elites if we make the tax code too unfriendly. Which is what I think Clinton knows will happen unless we can get more foreign countries on board with higher taxes. To me, this appears to be a blatant attempt to give the rich "nowhere to run to." Once you accomplish that, you can tax the crap out of people.The rich will always have a place to hide their money from taxes. After all, only the middle class and stupid people should pay taxes.;)

HonestChieffan
09-28-2012, 08:50 PM
The rich will always have a place to hide their money from taxes. After all, only the middle class and stupid people should pay taxes.;)

With your most recent record on tax understanding, you really should stick to football.

qabbaan
09-29-2012, 07:37 PM
Are you referring to a mass exodus from this country?

I was referring to the US dropping like a stone in those rankings once we have to pay for socialist medicine

Dick Bull
09-29-2012, 08:28 PM
I was referring to the US dropping like a stone in those rankings once we have to pay for socialist medicine

What?

AustinChief
09-29-2012, 08:39 PM
What?

I think he is saying that we currently are a tax friendly country and that will not be the case with Obamacare fully enacted. I don't see that as the case but I DO see it being the case if we effectively DOUBLE the cap gains rate which is what many on the left want to do. If we do, I expect to see many of the multi-millionaire crowd seriously look at life overseas. I am all about fair taxation, but I'm even MORE about pragmatism. 15% of something is far better than 30% of nothing. (yes that is an exaggeration, but you get the point)

Dick Bull
09-29-2012, 09:20 PM
I think he is saying that we currently are a tax friendly country and that will not be the case with Obamacare fully enacted. I don't see that as the case but I DO see it being the case if we effectively DOUBLE the cap gains rate which is what many on the left want to do. If we do, I expect to see many of the multi-millionaire crowd seriously look at life overseas. I am all about fair taxation, but I'm even MORE about pragmatism. 15% of something is far better than 30% of nothing. (yes that is an exaggeration, but you get the point)

I agree that 15% of something is far better than 30% of nothing, however, I think that is chicken little thinking. I don't think doubling up is the answer, but I do think they need to come up.

My "what?" was a complete disbelief he went there in the discussion, because it didn't have anything to do with what we were talking about.

AustinChief
09-29-2012, 09:33 PM
I agree that 15% of something is far better than 30% of nothing, however, I think that is chicken little thinking. I don't think doubling up is the answer, but I do think they need to come up.

My "what?" was a complete disbelief he went there in the discussion, because it didn't have anything to do with what we were talking about.

Gotcha. I am not concerned with the 15% (although I would be fine with it being 20% but definitely no higher). I am concerned with the EFFECTIVE rates paid. Right now, the Mitt Romney's pay about the same as the average Joe.. that effective rate should be closer to 20% as well. Some millionaires DO pay that amount. Most are closer to Mitt. The REAL problem lies in the percentage (small but growing) who pay ridiculously low amounts. Some pay NONE. Those loopholes need to be closed.

My premise is NOT chicken little thinking because I am not claiming it is about to happen and we need to run around scared.. all I am saying is that MANY MANY MANY on the left (just ask a dufus like cosmo) think that cap gains should be 30 or even 35%. I just want them to TRY to think what would happen if they got their way. It's not a pretty outcome. Too many on the far left think only in simplistic terms of what THEY think is fair or right but not in practical terms of consequences. See gun control. Or look at the far right stance on drug laws. Or immigration.

(to be clear, I am talking big time millionaires, not some guy worth exactly 1 million and earning $250k/year)

Dick Bull
09-29-2012, 10:22 PM
Gotcha. I am not concerned with the 15% (although I would be fine with it being 20% but definitely no higher). I am concerned with the EFFECTIVE rates paid. Right now, the Mitt Romney's pay about the same as the average Joe.. that effective rate should be closer to 20% as well. Some millionaires DO pay that amount. Most are closer to Mitt. The REAL problem lies in the percentage (small but growing) who pay ridiculously low amounts. Some pay NONE. Those loopholes need to be closed.

My premise is NOT chicken little thinking because I am not claiming it is about to happen and we need to run around scared.. all I am saying is that MANY MANY MANY on the left (just ask a dufus like cosmo) think that cap gains should be 30 or even 35%. I just want them to TRY to think what would happen if they got their way. It's not a pretty outcome. Too many on the far left think only in simplistic terms of what THEY think is fair or right but not in practical terms of consequences. See gun control. Or look at the far right stance on drug laws. Or immigration.

(to be clear, I am talking big time millionaires, not some guy worth exactly 1 million and earning $250k/year)
I think 20 on CG would be acceptable. Low enough to spur investment, but not too high as to suck the life from it. I agree with the loopholes being closed. In my view a deduction that is not standardized is pandering.

I would agree with your view that extremists on both sides are the problem. Unfortunately, I feel that they are a byproduct of each other.

patteeu
09-30-2012, 06:10 AM
1. By including payroll taxes in your calculations of overall effective rate before trying to decide what is fair, you're essentially turning SS and Medicare into welfare. If that's how we're going to look at it, we might as well do away with the payroll tax charade and fund those programs through the income tax and the general fund. We would be doing the same thing, ie turning those programs into welfare, if we eliminate the cap on payroll taxes.

2. We shouldn't be taxing cap gains at all. We ought to be taxing consumption (or wages) not production (or investment returns) if we want to become the kind of producer nation that can compete in the global marketplace rather than a consumer nation that will continue to try to gorge itself on a shrinking share of the global pie.

petegz28
09-30-2012, 08:12 AM
The Government takes what they want and taxes what the leave behind

HonestChieffan
09-30-2012, 09:18 AM
Keep in mind, Obama and his followers want to tax cap gains on ALL taxpayers not just the evil rich. The middle class fixed income older people will pay a heavy price under these schemes

Dick Bull
09-30-2012, 05:30 PM
1. By including payroll taxes in your calculations of overall effective rate before trying to decide what is fair, you're essentially turning SS and Medicare into welfare. If that's how we're going to look at it, we might as well do away with the payroll tax charade and fund those programs through the income tax and the general fund. We would be doing the same thing, ie turning those programs into welfare, if we eliminate the cap on payroll taxes.

2. We shouldn't be taxing cap gains at all. We ought to be taxing consumption (or wages) not production (or investment returns) if we want to become the kind of producer nation that can compete in the global marketplace rather than a consumer nation that will continue to try to gorge itself on a shrinking share of the global pie.

You really do support the rich getting richer and the poor getting poorer, don't you?

patteeu
10-01-2012, 08:13 AM
You really do support the rich getting richer and the poor getting poorer, don't you?

I support the country prospering because I think that's what's best for the poor and the middle class. I don't care what happens to the rich as long as what happens to them facilitates the objective I just mentioned. What difference should it make to me whether Warren Buffett has $5bil or $50bil or $500bil?

BWillie
10-01-2012, 11:06 AM
Why in the hell do the Liberals hate people making money?

Because rich ppl don't deserve it. They have more than everybody else and it's just not fair.