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PostPosted: Thu Jan 13, 2011 4:10 pm 
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...because the Marxist paradigm was better?

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PostPosted: Thu Jan 13, 2011 4:15 pm 
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isn't the basic premise of that flawed because it assumes that anyone who has money must have earned it? (as opposed to obtained it through theft, coercion, entitlements, luck, etc.)


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PostPosted: Thu Jan 13, 2011 4:16 pm 
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TheRiov wrote:
isn't the basic premise of that flawed because it assumes that anyone who has money must have earned it? (as opposed to obtained it through theft, coercion, entitlements, luck, etc.)


The bailouts were from future-taxpayers to bankrupt corporations. Who pays most of the taxes in your country?

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Well Ali Baba had them forty thieves, Scheherezade had a thousand tales
But master you in luck 'cause up your sleeves you got a brand of magic never fails...
...Mister Aladdin, sir, What will your pleasure be?
Let me take your order, Jot it down -You ain't never had a friend like me

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PostPosted: Thu Jan 13, 2011 4:22 pm 
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Over 50% of our tax dollars are funded by the top 10% of wealth-holders.

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PostPosted: Thu Jan 13, 2011 4:57 pm 
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Corolinth wrote:
Over 50% of our tax dollars are funded by the top 10% of wealth-holders.


That's really only true if you count corporate taxes as applying to the shareholders instead of the consumers (who bear the majority of the cost) and employees (who shoulder more of it than the shareholders). Corporate taxes are just a hidden consumption tax on anyone who buys the corporation's products/services.

Regardless, lots of taxes are not generally paid by criminals.

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Well Ali Baba had them forty thieves, Scheherezade had a thousand tales
But master you in luck 'cause up your sleeves you got a brand of magic never fails...
...Mister Aladdin, sir, What will your pleasure be?
Let me take your order, Jot it down -You ain't never had a friend like me

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PostPosted: Fri Jan 14, 2011 1:56 pm 
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Well its been reported that AIG has completed its repayment plan.

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PostPosted: Fri Jan 14, 2011 2:22 pm 
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Hannibal wrote:
Well its been reported that AIG has completed its repayment plan.


Huh. I never looked into how the company I work for acquired AIG Canada. Seems AIG owed us $200 million dollars, and when they couldn't pay up, just gave us their Canadian division as payment.

Edit: No, evidently, we paid $375 million for AIG Life of Canada, but then AIG's parent company also paid us back the $200 million they owed us.

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Well Ali Baba had them forty thieves, Scheherezade had a thousand tales
But master you in luck 'cause up your sleeves you got a brand of magic never fails...
...Mister Aladdin, sir, What will your pleasure be?
Let me take your order, Jot it down -You ain't never had a friend like me

█ ♣ █


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