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How to Stick it to Greedy Capitalists
Daily Wealth ^ | 12/17/2012 | Dr. Steve Sjuggerud Dr. Steve Sjuggerud

Posted on 12/17/2012 5:59:44 AM PST by econjack

Governments in Europe and the U.S. have decided that bankers and investors need to be attacked...

Last week, the European Union reached a deal with lawmakers to cap banker bonuses at twice their salaries. And we know that U.S. lawmakers plan to dramatically increase taxes on investors – by increasing taxes on dividends and capital gains.

You've got to PUNISH those greedy bankers and investors... right? What good are they, right?

But is that right?

Consider this: Japan's government is going the opposite way...

Japan's government is – God forbid – encouraging investment. Can you imagine such a thing?

(Excerpt) Read more at dailywealth.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: economicgrowth; goctpolicy
Chile followed the same route and is one of the fastest growing economies in the world. Too bad our policies are formed by economic illiterates.
1 posted on 12/17/2012 5:59:55 AM PST by econjack
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To: econjack

It should be rephrased - “only certain people are permitted to invest money”. When I worked one job, I was told my someone in senior management that only executive types should be allowed to invest money and investing was not meant for ordinary people (us lowly “peons”). How did they find out I am an investor, I was overheard talking with my stockbroker. That person in senior management is a liberal democrat too.


2 posted on 12/17/2012 6:04:14 AM PST by CORedneck
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To: econjack

Can you imagine the government extending this to greedy artists and athletes?

Cap Kobe Bryant’s salary to say 100 times the valet parking attendent. Or Bruce Springsteen should be capped at 100 times the cost of a T-Shirt.

Laughable.


3 posted on 12/17/2012 6:34:34 AM PST by cicero2k
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To: econjack

Our policies are being moved by the spirit of hate, jealously and envy. It’s green.

CEO’s and all liberal elitists are responsible for promoting the Leftist culture that guarentees economic smallness and bondage. They use corporate money for mentalities and social or political causes that promises to unhinge society and it’s economy.


4 posted on 12/17/2012 6:40:57 AM PST by SaraJohnson
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To: econjack

Who ever got a job from a poor person?

I think owners/the wealthy need to do what they need to do for themselves and should not worry as much about the world around them.
If it isn’t worth working 80 hours a week, then for the next four years smell the roses and work less hard and earn less.

Let the government see a major down turn in income tax and school the voters.
Democrats will ALWAYS think they need more tax.


5 posted on 12/17/2012 7:27:13 AM PST by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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