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#361384 - 09/20/08 09:53 PM
Re: So, Gunker: What's The Answer?
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Anonymous
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Quote:
Enforce Sherman Anti-Trust Act (if it's too big to fail, it's too big).
Reinstate Glass-Steagall. Thanks Phil Gramm.
Gradually use tariffs to encourage regrowth of an American manufacturing base. A bad sign of this is that our military relies upon Chinese-made components. This may also require a gradual rebirth of trade unions and a concordant increase of the middle class.
Increase corporate tax and/or fine on those who (1) employ illegal immigrants (2) outsource jobs (3) relocate headquarters outside of the U.S. (e.g. Halliburton).
Now, for the progressive tax rates, see this site:
http://www.truthandpolitics.org/top-rates.php
Okay then. Immediately go back to a Clinton-era tax rate on high-income (OMG 39.6% instead of 35%!), and also deal with the grossly-overcompensated (e.g. CEOs) by indexing their compensation to that of the average employee of their company, and once that compensation exceeds x amount, a higher tax rate kicks in on that amount over the standard.
For example, CEO of Mini-Mart/Targeting Systems (tm), whose average employee earns $30,000 year, will be taxed at a high rate (let's say 50%) on any income (including stock options, deferred compensation, financial legerdemain, etc.) over, let's say 50x that of his employees. In this case, Mini Mart's CEO's income over $1,500,000 will be taxed at 50%. Mini-Mart CEO will not be starving nor disincentivized [sic?] by this, and may even consider raising the average pay of his employees to increase his non-higher taxed compensation.
Initiate a FDR-style reinvestment in American infrastructure program. There's plenty of crumbling bridges, environmental clean-up sites, mass transit opportunities, etc. It's a win-win when federal funds are used to both make jobs and improve the country.
Deprivatize certain functions that are costing far too much, especially the military where Halliburton, Talon, Blackwater, etc. are being paid 3x as much to do some of the same functions that the military used to do, and which encouraged people to join the military to learn those same marketable functions.
Gunker, this may come as a shock, but I actually agree with much of this, particularly with the infrastructure bit.
I just don't think Obama's going to pull any of it off.
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Stocks Basically Flat After MASSIVE GOV’T TAKEOVER
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Gunker
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09/19/08 10:10 PM
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Re: Stocks Basically Flat After MASSIVE GOV’T TAKE
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Bornyo
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09/19/08 10:36 PM
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So, Gunker: What's The Answer?
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Anonymous
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09/20/08 03:31 PM
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Re: So, Gunker: What's The Answer?
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Willie D
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09/20/08 03:38 PM
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Re: So, Gunker: What's The Answer?
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Gunker
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09/20/08 06:49 PM
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Re: So, Gunker: What's The Answer?
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Anonymous
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09/20/08 07:29 PM
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Re: So, Gunker: What's The Answer?
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Gunker
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09/20/08 08:14 PM
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Re: So, Gunker: What's The Answer?
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charin
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09/20/08 08:56 PM
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Re: So, Gunker: What's The Answer?
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Anonymous
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09/20/08 09:53 PM
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Re: So, Gunker: What's The Answer?
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Fuk Yo Mama
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09/20/08 10:27 PM
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Re: So, Gunker: What's The Answer?
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JRV
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09/21/08 05:24 PM
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Re: So, Gunker: What's The Answer?
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Gunker
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09/21/08 06:27 PM
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Re: So, Gunker: What's The Answer?
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LouCypher
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09/21/08 06:34 PM
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Re: So, Gunker: What's The Answer?
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Gunker
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09/21/08 08:58 PM
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Re: So, Gunker: What's The Answer?
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JRV
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09/21/08 07:01 PM
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Re: So, Gunker: What's The Answer?
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Anonymous
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09/20/08 07:51 PM
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Re: Stocks Basically Flat After MASSIVE GOV’T TAKE
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*Null*
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09/20/08 10:57 PM
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Re: Stocks Basically Flat After MASSIVE GOV’T TAKE
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*Null*
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09/20/08 11:02 PM
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Re: Stocks Basically Flat After MASSIVE GOV’T TAKE
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Dean Wormer
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09/20/08 11:47 PM
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Re: Stocks Basically Flat After MASSIVE GOV’T TAKEOVER
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Anonymous
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09/21/08 01:05 PM
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