DAMN

look at some of that bcash wisdom, be sure to buy 100k if you want to board that train to lamboland

you kno what im gonnna buy some bcash now holy shit. maybe not alot but i need to get a little bit.

holy fuck lmao, is this guy a literal brainlet?
how the fuck would you tax the rich into poverty?

If you're going to present an argument, present one or fuck off shill

Idiot, He try to convice plebs that he is concerned about the poor yet he shill them junk bcash

the absolute state of american education

He's right, you know.

you're the brainlet

>tax billionaires 70%
>billionaires still have billions of dollars of income
>poverty

You can hate bcash but Roger Ver is unironically the most genuine man in crypto. Genuine because he's open about the nature of a free market, he even advocates for insider trading. Vs disgusting redditor soyboy 105s that want to get rich whilst also waxing lyrically about giving back to the community.

Has a shitcoin clone and he can't even make up his own quotes.. does this guy do anything that is his own? What a joke.

>clone
You realize that Bitcoin Cash is the original chain, right? Pic related.

>tax billionaires 70%
>they all leave

Fixed.

He’s right you know. And what kind of dipshit even WANTS to help the poor? I literally don’t care.

>most genuine man
>literally shills his shitcoin in every sentence that comes out of his mouth

Anything under 10B is a poorfag desu

>he is genuine in his desire to scam you

> You cannot lift the poor out of poverty by taxing ME into poverty.
Such genius. Nothing less from the man part of the great BTC/BCH collusion which put countless people in poverty. Right.
> Please keep buying BTC and/or BCH, this time will be different.

>allowing transnational globalists with no allegiance in your country in the first place

New billionaires who actually want to live in your country will take their place and be glad (((they))) are gone.

This. And they will do a fraction of the amount of work because of the diminishing returns getting rekt. And now you have no money to tax.
Ever heard of the Laffers Curve you fucking brainlet?

>leave
capital is more mobile than people user

That's a race to the bottom where nobody wins in the end.

They can leave. And be shut out of the market as a result (through taxes, tolls, or otherwise).

Simple.

Politicians are too busy to line their own pockets to dare actually do something like that though.

>Anybody who doesn't just sit down and accept 70% of their life's work (and possibly closer to 100%, since odds are you'll go after their progeny's inheritance, too) going straight to paying the government is just a traitor and you don't want them in your country anyway
>A true patriot would just accept their status as an indentured servant and be grateful they get to keep some of it

1) No, wanting to keep more than a third of your/your family's wealth instead of paying it out to your neolib government doesn't make you a globalist kike.

2) Socialist despots *always* whine about a lack of patriotism while production flees and everybody starves. This doesn't make them heroes. It makes them failures.

Bcash is a hardfork and segwit was a softfork. So no, Bitcoin is still Bitcoin.

but nothing he said is actually wrong.

>coping this hard
Wouldn't be the first time Bitcoin Core fans denied reality.

You're assuming these filthy rich assholes play by fair rules and get their fair share by simply working hard (even though comparing paycheck to a hard working class individual reveals the work would have to break the laws of physics).

This has nothing to do with socialism, except opposing socialism for the rich. Which you are doing here, cretin.

Wahh life isn't fair
Work towards equalizing the start point, not the result

You're basing a policy idea like a massive government cash-grab on a cartoon caricature in your head of fat cat "filthy rich assholes" smoking cigars and robbing people.

No, your weird resentment against those "assholes" you don't know anything about is not a substitute for rational, practical policy considerations.

Most people would pay little to no tax. Making over $100 million a year? That's where the progressive tax should start, because income is exponential at that point. At that point, you are the one manipulating the free market.

"I love socialism for the rich", the post.

>have 5000000 millions
>tax them 2000000 millions
>Oh no, I only have 30000000 millions left, what will I do? Im p0oor!

I've cited practical concerns and actual reality. I've pointed out that huge megataxes just incentivize wealthy people/big producers leave rather than generate income for your governmenet, no matter how much you whine about patriotism while they do it. I've cited history - that of the Socialist governments that have had exactly that scenario play out over and over again - which evidences this very strongly.

You've done nothing but shitpost about "muh rich assholes" and talked shit. Remove your head from your ass or brace yourself to be poor and bitter forever, faggot.

I hate this type of person.
Instead of consulting the laffers curve. Instead of looking at any policy and effects of welfare programs. You whine about yoir fee fees, what you think is fair or what people "deserve" instead of reality.

through theft, obviously

Why are you people so adamantly defending socialism for the rich?

Fucking commies.

There's an easy solution to capital flight. Taxes and tolls which would limit access to an entire market if people choose to move their business out of the country. Instead what we have is spineless politicians giving corporate welfare and slashing taxes on huge corporations to prevent them from going away, which they do anyway since we're all racing to the abyss (negative taxes, which is the reality for some).

It's unsustainable insanity which will usher in a new World War. The virtuous economic cycle is broken because all wealth accumulates to the top, eventually grinding the whole economy to a halt, and you get boom-bust cycles along the way, each consecutive one larger than the last.

Short.sighted fools.

>neolib
They're actually against high taxes. Stop using words you don't understand.

these brainlets are always thinking our "best and brightest" and richest will leave. Where to? the rest of the developed 1st world is socialized. Same silly ass argument when socialized medicine was a scare.

t. British commander in 1755

What a dumb strawman.
Im just insulting your inability to apply logic reasoning or quantitative analysis. You are just spouting your feelings like an ideologue. No different than Paul "tax cuts always pay for themselves" Ryan. Capital flight is not the only loss to productivity brainlet nor is domestic capital the only kind. Foreign attraction to low capital gains has helped the Canadian and Irish economies tenfold. But yeah protectionism! greatest idea ever as long as you never hear about cooperative advantage or economies of scale or anything!.

>Capital gains
Freudian slip meant corporate tax.

So your solution to the problems that will start when it's no longer worth it to produce wealth in your country is...to make it no longer worth it to even do *any* kind of business in your country at all? user, this is all predicated on the assumption that your market will *always* be incredibly valuable and desirable, no matter what you do to it or what burdensome conditions you impose upon it. That's ignorant in the extreme.

You're literally rattling off the official policies and related rationales, bullet-point by bullet-point, of nations like Cuba and calling anybody who disagrees with you a "fucking commie". Stop shitposting and start reading more, your ignorance is staggering.

You seem like an educated guy from what I've read, what's your game plan for the economy?

It's a short-sighted delusional strategy which has horrible long-term consequences. You consider the economy to be just stocks and huge corporations. I include the people. Besides, I'm not advocating protectionism beyond preventing getting ransacked and looted like a little bitch.

Your conclusion doesn't follow from your premise. My solution is to not make business which rapes and pillages the coffers of the people of a sovereign nation viable. That does not translate to "hurr durr any kind of business".

A market is always desirable to a degree. Simply not being a bitch who loves taking it from the behind and do socialism for the rich doesn't make a market undesirable. We're talking about entire nations as a single market here.

Delusional idiots. Keep sucking that neocon/neoliberal cock. There won't be a drop of milk trickling down to you.

Striker is that you?

YIKES

This.

This

>im not advocating protectionism
Lmao you haven't even thought about this for more than 5 minutes have you?
Please follow it to its rationale conclusion rather than just the grade school "lifes unfair! Analysis"

At one stage the Beatles were paid 1p for every £1 they made.

...

>still supporting communism for the rich
>hurr durr follow it to its rational conclusion
Which is businesses won't be allowed to loot the treasury and we'll get a virtuous economic cycle where money actually cycles through the economy like it should instead of accumulating to a few a stopping the entire engine.

The rational conclusion to your bullshit is war, poverty, people dying from lack of healthcare/public services/social safety nets, uneducated masses... basically FEUDALISM. That's what you get when you continually slash all benefits and public services for the people in favor of corporate welfare, negative tax, and COMMUNISM for the rich.

Kill yourself, commie.

He is not wrong, you cant do it because the tax revenue will hit $0 before they are poor.

This. No one in their right mind is going to willingly give away over half their worth to a single entity with 0 return.

Whether they actually leave the country or just exploit the system is another matter and for the US it's obviously going to be the latter.

>poor commie retards demand government tax the wealthy out of their homes and businesses
>the wealthy simply leave, taking their homes and businesses with them
>poor commie retards become even more poor, because now their community has even less people working, their homes are worth even less money, and nobody wants to move their because of their shitty taxes

repeat until there is nowhere left in your country for the wealthy to live, and then they finally move overseas to get away

what is my country?

>If I keep callingthe neoliberal a commie he will stop advocating evidence based policy and help with my feelings.
This is the proof your head is so far up your own has you cant possibly actually try and maximize welfare, help the poor, create efficiency gains whatever the fuck. You just gotta score internet pointz amirite? why not actually try hit the top of this graphInstead of trying to shill me on what you think is fair like this is a fucking 9th grade essay contest.
In order for your policy to work you would need to make the taxes so high you have 0 imports, and 0 exports. that is before you look at loses in efficiency and productivity of locals.

From the same cunts trying to kill Bitcoin through their greed. You're a bunch of commie shitheels. Kys.

Europe, China, etc..

The poor don’t want out of poverty. They want everyone to be poor with them. The crab bucket mentality is deeper than one thinks.

Cuba and you are a doctor!
Wrong actually

>government always waste,
True
>even though they're accountable to the people
False.
>private sector are always efficient
To succeed, yes. Failure for a company ends up with bankruptcy.
Failure with government ends up coming out of your pocket.
>and spreads the wealth around with magic
Nobody said private sectors are generous. Nor should they be giving handouts.

>socialism for the rich is ok
Said nobody.

Sorry user, I was accidently looking at numbers put forward by economists. I will now be using your preferred graph.
>Your nonexistent scenario is just some cooked up fever dream with no base in reality.
no that's literally how that plays out, basically see venezuela. It triggers commie fucks like you to compare them to Singapore or SK I know. But take note.
"corporate" taxes, while dramatically higher in the USA than most of the developed world, is still just a tax.
You do not decide who you tax. I repeat, you do not decide you who tax. Elasticity does. When you tax a company, CEO, engineer, whoever you want. Who pays the tax is based on elasticity. When you tax someone, unless there is perfect elasticity/inelasticity, it is spread. This will make US goods more expensive, and this is before a substitution effect, which isnt even based on brain drain. If you want to prevent "brain drain" you must block vertical integration or else people will just not pay US taxes for their companies barely operating there. This will mean US made goods will not have global economies of scale and will be more expensive, making you unable to compete and unable to export. Sleeping Asian giants will cook you alive.

>constantly attacks straw men
t. brainlet

He's right
But central banking is a bigger problem

>redistribution of wealth is okay as long as it goes to the rich
top kek

>*changes ip*
>continues to attack staw man
t. cuck

Oops meant for Also nobody is talking about corporate welfare you dumb fucking strawmanning shit. We are talking about tax rates. Keeping more of, or current levels of your own money is not "welfare"
See above. Market operations and wealth creation are not redistribution you dumb fuck

Send me all your money and I'll show you.

>The poor don’t want out of poverty. They want everyone to be poor with them.

This is unfortunately true. The majority of people aren't going to strive to be better. They just don't want to see anyone doing better than them.

When the average leftist and normie talks about "rich assholes" and taxation, they aren't talking about income taxation. They're talking about wealth confiscation because of their own greed and jealousy. It's politics based on self-centered emotion.

There is a correlation between low education and poverty. So uneducated poor people tend to falsely assume wealth is zero sum and thus the rich are getting there at their expense.
That being said if you polled people would you rather get say $1000 but bill Gates got $1bil as well. Most poor people would take the money, it would only be upper middleclass Pantywaist mafia socialists who would say no, but even then only cause its a hypothetical.

Thats not how mutual benefit works idiot