Indeed, countries with high taxes are doing AWFUL. Take Denmark for example, what with its unemployment rate a third less than that of the US and its healthcare for all and its 3% poverty rate. Heck, Brazil did the same thing and they had the AWFUL result of seeing extreme poverty cut in half, unemployment plummet and saw GDP growth in 2008 while most of the world saw a recession. Yep, we have the keep the corporations happy and have no taxes, just like in Somalia. It worked for them, right?
''Ireland is a successful low-tax country.'' Bullshit.
1 in 9 people in Ireland are unemployed and the country's financial institutions are a complete mess. That guy who said that in the video couldn't possible believe that unless he means its successful for the elite of society.
Oh, Ireland is a superb example of a sucessfull low tax country lol these neoliberal idiots are so funny. Hong Kong is less sucessfull than Luxembourg, which has a higher taxation. But in general you can not compare a city with big countries. These cato-idiots don't know what they are talking about.
@thesocialdemocrat Seeing the circumstances that Hong Kong developed out of, social democracy would have NEVER made Hong Kong the thriving city it is today.
Corporations DO NOT move their HQ to some other countries just because of a slight tax increase. For a big corporations, a HQ move is a big challenge including personnel moves, adapting to new laws, maybe new currency etc.
Anericans love their big companies and i don't think that they are on the edge of movin' abroad
I'm all for this. Corporations create jobs, yes, but the first priority of a corporation is to make money for itself. The government taxes these corporations, the government uses that money to create jobs for people, and the government should ideally retain the good of the people as its first priority.
It is so funny, how many US-Americans are comparing Social democracy with Stalinism or even Hitlerfascim. At first, I was offendend, but now I can laugh.
Corporate headquarters do not just relocate to random locations speaking foreign languages with foriegn customs because of a few percents of tax increases............
dude, do you even know what a "socialist" is compared to being a "social democrat"? Americans are just too scared to read Marx, when it's really all a matter of choosing which of his ideas to agree on.
@PBNkapamilya Most social democrats I know have no intrest towards Marx or Engels. It is all about helping those who need help and bring justice via the government.
sweden lived through a social democratic government from1998 (correct me if i am wrong) to 2006, we had it pretty good. if Obamy was a socialdemocrat itt wouldn't be so bad. Communism is soviet russia Dislay and Mentlegen. Social democratic government is much more nicer!
Obama is a slight liberal (left and right) centrist (big vs small governemt). Or the first non neo-con/facist beside Carter, Clinton, and Eisenhower(still conservative) since Johnsen.
Most euroconservatism does not accept abortion as a womans right. Most euroconservatism does not accept that you need a 10% budget deficit to overcome the crisis.
@SiLeNtXaViOr yeah, American's seems to have an unrational fear of social democracy cause they think that it's communism and totalitarinism. Even though facts and international rankings shows that the Scandinavian countries ranks skyhigh in living standard, democracy, freedom for journalists, low crime rates, low poverty etc. Doesn't seem to be much to be afraid of right?
Well, you need to have a stable country and rule of law as well to entice corporations in addition to a lower tax burden. There is a great article in today's WSJ about the same phenemon going on in the States -- high tax states are experiencing wealth flight, low tax states are enjoying increasing employment and investment by corporations.
"high tax states are experiencing wealth flight, low tax states are enjoying increasing employment and investment by corporations."
Yeah exactly, it's like a mini-globalization: the unbridled international flows of capital that we've had since the 70's have put every country, and within countries every state, in competition to attract investors, meaning they have to focus on offering opportunities for profitable investment, meaning for example low wages, bad working conditions,
can't have progressive taxation to fund healthcare, education and public services for people, destroying working class organizations so as to have a docile, submissive workforce ---- that or else the global investor class destroys the place with capital flight.
The result of that in the USA has been that 80% of the population has seen their real wages stagnate or decline for 30 years while watching corporations announce record profits year after year and CEOs' revenue being multiplied by 20 on the same period, - hence all the 'angry white man' thing.
Before, the wealthy ran our governments by funding the political campaigns and owning the media, but occasionaly some countries could manage to elect a popular leader proposing a program that's ...
@PavedStones Yeah, blame it on the wealthy so you can demand a bailout for yourself by taking back what's supposedly owed to you. Nothing is owed to you. Let me ask you a question. Why have real wages in the US stagnated?
not totally disconnected from the popular will. Now, even if this happens then the populist government, once in office, can't do anything, or else the country gets smashed by capital flight. Like for example afew years ago Brazil elected a candidate campaining on a popular platform: universal healthcare, labor rights, public ownership of the nation's natural resources, etc; but once in office the corporatocracy immediately started to destroy the economy with capital flight and
and to attack the currency, so the govt had to back off on its program and bow to their will and go back to its normal role of serving the wealthy and powerful and repressing the people.
This is really the ultimate weapon to destroy whatever's left of our democracies and put all power in the hands of a class of international investors, whom we didn't elect.
The Cato guy has his head up his ass. Hello? Tax havens already exist! And...er...they're getting taxed either way under this plan.
Unless he's saying that they'll just not be American companies altogether because...he's admitting that CEO's are greedy fucks who can't work out good business structures because it will cut into their ridiculous "compensations..."
I just...can't see where this guy's doomsday scenario is going.
no you fucking idiot, next time read the whole story before making a conclusion that McCain wanted you to believe...
Obama VOTED NO to banning afterbirth abortions only because there was a better bill already being introduced to the senate that would halt ALL of it !
Obama is a great man for destroying the afterbirth abortions Bush and McCain are so proud of.
Obama a social democrat? More like moderate conservative. -_-
SternMann93 3 weeks ago 2
In Europe Obama is still a right wing candidate.
ElBarto3131 2 months ago
Indeed, countries with high taxes are doing AWFUL. Take Denmark for example, what with its unemployment rate a third less than that of the US and its healthcare for all and its 3% poverty rate. Heck, Brazil did the same thing and they had the AWFUL result of seeing extreme poverty cut in half, unemployment plummet and saw GDP growth in 2008 while most of the world saw a recession. Yep, we have the keep the corporations happy and have no taxes, just like in Somalia. It worked for them, right?
mysticresistence 2 months ago
''Ireland is a successful low-tax country.'' Bullshit.
1 in 9 people in Ireland are unemployed and the country's financial institutions are a complete mess. That guy who said that in the video couldn't possible believe that unless he means its successful for the elite of society.
markbelfast94 3 months ago
Obama is not even close to being a Social Democrat.
TheJosephPrice 6 months ago
Oh, Ireland is a superb example of a sucessfull low tax country lol these neoliberal idiots are so funny. Hong Kong is less sucessfull than Luxembourg, which has a higher taxation. But in general you can not compare a city with big countries. These cato-idiots don't know what they are talking about.
thesocialdemocrat 1 year ago
@thesocialdemocrat Seeing the circumstances that Hong Kong developed out of, social democracy would have NEVER made Hong Kong the thriving city it is today.
GunsNRosesbitches 1 month ago
I love America, but sometimes it really amazes me. How stupid and ignorant even the higher educated people can be!!!
Check this
usual prefix youtube (dot) com/watch
Paste this: ?v=KrtJLAX6g5Y&feature=related
Jyrki1964 1 year ago
Corporations DO NOT move their HQ to some other countries just because of a slight tax increase. For a big corporations, a HQ move is a big challenge including personnel moves, adapting to new laws, maybe new currency etc.
Anericans love their big companies and i don't think that they are on the edge of movin' abroad
Jyrki1964 1 year ago
Has he even done anything yet?
zwillredeye 1 year ago
I'm all for this. Corporations create jobs, yes, but the first priority of a corporation is to make money for itself. The government taxes these corporations, the government uses that money to create jobs for people, and the government should ideally retain the good of the people as its first priority.
ZrazorRozenstrauch 1 year ago
social democracy is good!
EU3guy96 1 year ago
It is so funny, how many US-Americans are comparing Social democracy with Stalinism or even Hitlerfascim. At first, I was offendend, but now I can laugh.
Socialist Greets out of Vienna! ;)
nonameposter 1 year ago
Corporate headquarters do not just relocate to random locations speaking foreign languages with foriegn customs because of a few percents of tax increases............
tkmmark 1 year ago
It is so funny how the stupid propganda of headquarters leaving works in all countries.
Why not unite und build up pressure on tax havens? The world would be a better place.
nonameposter 2 years ago
dude, do you even know what a "socialist" is compared to being a "social democrat"? Americans are just too scared to read Marx, when it's really all a matter of choosing which of his ideas to agree on.
PBNkapamilya 2 years ago
@PBNkapamilya Most social democrats I know have no intrest towards Marx or Engels. It is all about helping those who need help and bring justice via the government.
mdsatan 9 months ago
sweden lived through a social democratic government from1998 (correct me if i am wrong) to 2006, we had it pretty good. if Obamy was a socialdemocrat itt wouldn't be so bad. Communism is soviet russia Dislay and Mentlegen. Social democratic government is much more nicer!
Tarik360 2 years ago
Neh, hes more social liberal than social democratic. These two systems are pretty different
MariusM1989 2 years ago
Obama is a slight liberal (left and right) centrist (big vs small governemt). Or the first non neo-con/facist beside Carter, Clinton, and Eisenhower(still conservative) since Johnsen.
Freethinker94 2 years ago
Obama's politics is closer to "Eurconservatism" than "Eurosocialism/Eurosocialdemocracy." I wish that Obama would be a "social democrat."
PsychoPunk1965 2 years ago
Most euroconservatism does not accept abortion as a womans right. Most euroconservatism does not accept that you need a 10% budget deficit to overcome the crisis.
xaviqaz 1 year ago
Obama is a Socialist . Any other thing you want to call it is an attempt to cover up truth.
flmcon 2 years ago
What's wrong with social democracy? I've lived with it...
SiLeNtXaViOr 2 years ago 18
@SiLeNtXaViOr I LIVE with it and have nothing to complain about.
Tuppoo94 2 months ago
@SiLeNtXaViOr yeah, American's seems to have an unrational fear of social democracy cause they think that it's communism and totalitarinism. Even though facts and international rankings shows that the Scandinavian countries ranks skyhigh in living standard, democracy, freedom for journalists, low crime rates, low poverty etc. Doesn't seem to be much to be afraid of right?
iMariuz 1 month ago
Obama is absolutely not a social democrat, perhaps slightly social liberal but these are quite different
NIRL91 2 years ago 15
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Nice work. keep it up. dasd
EdgardoJustice 2 years ago
This comment has received too many negative votes show
^)))
Learn:
Obama - the father of all people.
Obama - the leader of all people.
Obama - mind, honour and conscience of our epoch.
dancecosmic 2 years ago
Wished to make better, it has turned out as always.
From fire in a bog.
dancecosmic 2 years ago
obama is the leader of the failure of American free capitalism
anime460 2 years ago
Why wasn't Obama aborted?
FB1BB1BB1 2 years ago
This has been flagged as spam show
Obamanomics = Leninism
fostereric 2 years ago
Well, you need to have a stable country and rule of law as well to entice corporations in addition to a lower tax burden. There is a great article in today's WSJ about the same phenemon going on in the States -- high tax states are experiencing wealth flight, low tax states are enjoying increasing employment and investment by corporations.
mattlewis66 2 years ago
@mattlewis66
"high tax states are experiencing wealth flight, low tax states are enjoying increasing employment and investment by corporations."
Yeah exactly, it's like a mini-globalization: the unbridled international flows of capital that we've had since the 70's have put every country, and within countries every state, in competition to attract investors, meaning they have to focus on offering opportunities for profitable investment, meaning for example low wages, bad working conditions,
PavedStones 1 year ago
can't have progressive taxation to fund healthcare, education and public services for people, destroying working class organizations so as to have a docile, submissive workforce ---- that or else the global investor class destroys the place with capital flight.
PavedStones 1 year ago
The result of that in the USA has been that 80% of the population has seen their real wages stagnate or decline for 30 years while watching corporations announce record profits year after year and CEOs' revenue being multiplied by 20 on the same period, - hence all the 'angry white man' thing.
Before, the wealthy ran our governments by funding the political campaigns and owning the media, but occasionaly some countries could manage to elect a popular leader proposing a program that's ...
PavedStones 1 year ago
@PavedStones Yeah, blame it on the wealthy so you can demand a bailout for yourself by taking back what's supposedly owed to you. Nothing is owed to you. Let me ask you a question. Why have real wages in the US stagnated?
GunsNRosesbitches 1 month ago
not totally disconnected from the popular will. Now, even if this happens then the populist government, once in office, can't do anything, or else the country gets smashed by capital flight. Like for example afew years ago Brazil elected a candidate campaining on a popular platform: universal healthcare, labor rights, public ownership of the nation's natural resources, etc; but once in office the corporatocracy immediately started to destroy the economy with capital flight and
PavedStones 1 year ago
Comment removed
PavedStones 1 year ago
and to attack the currency, so the govt had to back off on its program and bow to their will and go back to its normal role of serving the wealthy and powerful and repressing the people.
This is really the ultimate weapon to destroy whatever's left of our democracies and put all power in the hands of a class of international investors, whom we didn't elect.
PavedStones 1 year ago
Move their headquarters abroad?
The Cato guy has his head up his ass. Hello? Tax havens already exist! And...er...they're getting taxed either way under this plan.
Unless he's saying that they'll just not be American companies altogether because...he's admitting that CEO's are greedy fucks who can't work out good business structures because it will cut into their ridiculous "compensations..."
I just...can't see where this guy's doomsday scenario is going.
lisamariefan 2 years ago 3
This has been flagged as spam show
he's so obviously a communist.
enuvune 2 years ago
lol. i heard he once said it was acceptable to abort children after they were born if the parents didn't want them.
satanic6ritual 2 years ago
no you fucking idiot, next time read the whole story before making a conclusion that McCain wanted you to believe...
Obama VOTED NO to banning afterbirth abortions only because there was a better bill already being introduced to the senate that would halt ALL of it !
Obama is a great man for destroying the afterbirth abortions Bush and McCain are so proud of.
glebbukov 2 years ago 2