Im Having Trouble Understanding How Socialism Would Work in This Country

[Pressure]

Republicans still exists, he's not going to enact all of these policies however he wants. Compromises will be made with a focus on actually helping the people.

Republicans don't need to negotiate. Their success is in not moving forward at all.

Not much has been accomplished under Trump beyond stacking the courts and tax cuts and Republicans are happy.

idn’t we just repatriate a trillion dollars the rich had offshore?

Not even close to the claim Trump made.

“We expect to have in excess of $4 trillion brought back very shortly,” Mr. Trump told executives assembled at his golf course in Bedminster, N.J., last August.

U.S. Cash Repatriation Plunges 50%, Defying Trump's Tax Forecast

Just more tax cut

 

[dora_da_destroyer]

Wealth tax forces 12,000 millionaires A YEAR out of France | Daily Mail Online

France wants back its rich people

Empirical evidence from this decade that the rich will leave, and place the burden of these policies squarely on the middle class.
The countries where “democratic socialism” is functioning, heavily tax the middle class, and haven’t abolished private healthcare.

Bernie and his supporters dont live in the real world.

Capitol Journal: High taxes be damned, the rich keep moving to California



all the millionaires/billionaires stay bluffing about cali, yet continue to live here. americans aren't leaving america, not en masse, not even at those wealth levels...one thing in common across americans, this big ass, highly successful, indoctrinated patriotic country keeps people tied to it. much easier to move country to country in a diverse geography like EMENA region. moving from france to the ukrain is like a flight from salt lake city to chicago...shyt aint happening over here

 

[Hood Critic]

Wealth tax forces 12,000 millionaires A YEAR out of France | Daily Mail Online

France wants back its rich people

Empirical evidence from this decade that the rich will leave, and place the burden of these policies squarely on the middle class.
The countries where “democratic socialism” is functioning, heavily tax the middle class, and haven’t abolished private healthcare.

Bernie and his supporters dont live in the real world.

This is a pretty bad comparison. Firstly, where would the American wealthy setup residency outside of the US without having to spend a fortune on security and asset management which effectively nullifies their reason for leaving the states? Secondly, Europe overall is losing its young working college educated adults, so that would signal that there are other issues at play.

Whether its Bernie, EW or someone else, the wealthy are going to have to ultimately pay their fair share. The concept of a wealth tax is a good measure to ensure that happens since the majority of the wealthy are not bringing in traditional income like the working class. So they're only paying capital gains on specific amounts or writing off millions in losses to offset a tax bill.

 

[Professor Emeritus]

Imagine how much wealth you'd have to lose before living in post-Brexit England sounded better than living in SoCal.

 

[Dorian Breh]

Imagine how much wealth you'd have to lose before living in post-Brexit England sounded better than living in SoCal.

Post Brexit all the UK companies are moving to the Netherlands anyway

 

[DEAD7]

The goal isn't to abolish private healthcare, though. It's to lower the costs and increase coverage.

IIRC MFA outright bans private healthcare...

 

[DEAD7]

Lol, how did the budget get so out of wack? Obama had reduced the deficit when last I checked....Clinton even gave America a surplus.

I wasn't pointing fingers.
'Both sides' have fully embraced deficit spending.

 

[DEAD7]

Capitol Journal: High taxes be damned, the rich keep moving to California
all the millionaires/billionaires stay bluffing about cali, yet continue to live here. americans aren't leaving america, not en masse, not even at those wealth levels...one thing in common across americans, this big ass, highly successful, indoctrinated patriotic country keeps people tied to it. much easier to move country to country in a diverse geography like EMENA region. moving from france to the ukrain is like a flight from salt lake city to chicago...shyt aint happening over here

This is a pretty bad comparison. Firstly, where would the American wealthy setup residency outside of the US without having to spend a fortune on security and asset management which effectively nullifies their reason for leaving the states? Secondly, Europe overall is losing its young working college educated adults, so that would signal that there are other issues at play.

You don't believe theres a point where leaving is on the table... fair enough.
We'll see.
Either way(whether they stay or not) I expect lower federal tax receipts if we raise taxes.

 

[panopticon]

We don't need socialism in this country.

Materially improving the standard of living and quality of life of the average American only requires a few simple changes:

1) Tariffs on imports from low-wage / environmentally destructive countries (incentivizes repatriation of manufacturing)

2) Mass deportation of illegal immigrants (raises wages at the low end of the job market while removing a significant driver of real estate inflation and reduces stress on aging infrastructure)

3) Significant reduction in the number of legal immigrants (raises wages for white-collar workers)

Higher wages, lower rents / house prices, and a much healthier job mix (bias to manufacturing rather than services). Wins all around.

You can fool around on the margins with higher taxes on billionaires, financial transaction taxes, etc. - but none of those changes will have anywhere near the impact of the three changes I listed above.

Bottom line is Americans aren't generally an envious people. It doesn't bother folks that they aren't rich - it bothers them that the paths to building wealth are shrinking every day.

 

[DEAD7]

Mass deportation?...

 

[wtfyomom]

We don't need socialism in this country.

Materially improving the standard of living and quality of life of the average American only requires a few simple changes:

1) Tariffs on imports from low-wage / environmentally destructive countries (incentivizes repatriation of manufacturing)

2) Mass deportation of illegal immigrants (raises wages at the low end of the job market while removing a significant driver of real estate inflation and reduces stress on aging infrastructure)

3) Significant reduction in the number of legal immigrants (raises wages for white-collar workers)

Higher wages, lower rents / house prices, and a much healthier job mix (bias to manufacturing rather than services). Wins all around.

You can fool around on the margins with higher taxes on billionaires, financial transaction taxes, etc. - but none of those changes will have anywhere near the impact of the three changes I listed above.

Bottom line is Americans aren't generally an envious people. It doesn't bother folks that they aren't rich - it bothers them that the paths to building wealth are shrinking every day.

Americans are completely envious what are you talking about ? Plus you sound like a white nationalist

 

[Gains]

Americans are completely envious what are you talking about ? Plus you sound like a white nationalist

And all that was dap'd up by a Bernie supporter

 

[panopticon]

Mass deportation?...

It is what it is

 

[panopticon]

Americans are completely envious what are you talking about ? Plus you sound like a white nationalist

Nothing "white nationalist" about improving labor's bargaining power vis a vis capital & reducing economic stress on working people.

If Americans were genuinely envious, we'd have had multiple revolutions by now. The concentration of wealth in this country has always been eye-popping. The last time we ever came close was the Great Depression, and FDR acted swiftly to nip that in the bud (WPA, CCC, Social Security, etc.)

Americans just need to see a path towards individual prosperity and they're good. And their desires aren't even unrealistic - a detached single-family home in a decent school district, 2 cars, stable employment, reasonably priced health insurance and the ability to take a vacation every now and then.

Over the past 30-40 years, average folks have had their ability to achieve those things eroded due to policy decisions made by political actors on both sides of the aisle (Democrats signed NAFTA, Republicans voted up TARP, both parties refused to take illegal immigration seriously, etc.)

 

[dora_da_destroyer]

We don't need socialism in this country.

Materially improving the standard of living and quality of life of the average American only requires a few simple changes:

1) Tariffs on imports from low-wage / environmentally destructive countries (incentivizes repatriation of manufacturing)

2) Mass deportation of illegal immigrants (raises wages at the low end of the job market while removing a significant driver of real estate inflation and reduces stress on aging infrastructure)

3) Significant reduction in the number of legal immigrants (raises wages for white-collar workers)

Higher wages, lower rents / house prices, and a much healthier job mix (bias to manufacturing rather than services). Wins all around.

You can fool around on the margins with higher taxes on billionaires, financial transaction taxes, etc. - but none of those changes will have anywhere near the impact of the three changes I listed above.

Bottom line is Americans aren't generally an envious people. It doesn't bother folks that they aren't rich - it bothers them that the paths to building wealth are shrinking every day.

This is an awful plan

1) all that manufacturing isn’t coming back, US labor costs too much and we’re not about to allow that shyt to pollute up our country

2) lol @ mass deportation and boosting wages at the low end. Sure can’t wait to see all these Americans lined up to be gardeners, agriculture workers, janitors/housekeepers, dishwashers and day laborers

3) seems like your attempting to target H1b’s, in the tech sector at least, jobs will still be outsourced or they’ll suppress wages for those going through boot camps who aren’t seen as elite as their 4yr degree holding compadres...but I’m generally ok with scaling back h1b’s

but your plan is still garbage, seems to ignore how much better the US worked when income and corporate taxes were higher...seems like the simplest fix is to start with our tax system that has been gutted the last 40 years