Voting

[sister morphine]

Just because people choose to afford to spend stupid money on this game doesn't mean they should be taxed more. And when the UK and their financial policies lead the global economy, be sure to let us know. As it was, all you were doing was chasing business/commerce and the 1%ers to Monaco.

It's pretty simple, Bernie wants to take money from the people who earn it and give it to the people that don't. You can try and disguise it by calling it "democratic" socialism instead of socialism, but it is the perfect slippery slope. My health care is a perfect example. I went from a $100 deductible Cadillac plan to an $8000 annual deductible at a rate of $400 more a month all in a period of 18months, thanks to the ACA. Where is that money going? To pay for people who can't/won't afford health care. That's great, but you know where that $400 a month is not going to be going? A new car payment, home improvements, retirement investing, vacations, electronic consumer goods, etc. All the things that create jobs here in America. Remind me again how vibrant the UK economy was when you had those tax rates. No thanks.

Bernie has some valid points, banks shouldn't be too big to fail, the election process is a rigged money process, and college has become too expensive. But for all the 1%ers here and their reserves of money, they will barely be able to afford to fund Medicare, Medicaid and Social Security in 5 years. That means more taxes for all to pay for all this free college and health care, and that is money pulled right out of consumer spending. Tell me a single case where money is pulled wholesale out of consumer spending and the economy has grown. It's the old Tax the Rich scheme that goes back to the beginning of time.

And if everyone has a college degree, the value of a college degree will have the same exact value as a high school degree now. After million/billions spent by the people still paying off their student loans. How is there any value in that?



For once we agree on something....LOL!

London is number one city worldwide for financial services. That do you?

FWIW I do agree with much of the rest - especially the bit about degrees being worthless when everybody has one. When Blair expanded universities massively I always half suspected he did to massage youth unemployment figures as much as anything.

[Max Power]

London is number one city worldwide for financial services. That do you?

LOL...well, it may be now, but I am guessing it sure wasn't when it had the tax rates you described, highlighting my point. Anyway, these things are hard to measure precisely, so I shall post a random link from one of your own:

http://www.telegraph.co.uk/finance/n...?frame=2367691

[Dipstik]

Forget 5 years... If they taxed the top 1% at 100%, it wouldn't balance the budget now.