OK, who are the rich you referring to? A salary of £70,000 in the UK puts you in the top 5 per cent of earners.

The top 1% pay over a quarter of all the income tax the government gets. If these people did not exist then everyone else has to match that amount – or the govt income reduces significantly. The top 1% already pay more than their fair share.

Socialists would rather everyone be poor than some people be rich!

Yes they have benefited from corp tax cuts etc but that's not the point really.
They have only benefited because they're in a position to.
Is that a reason to want more and more
the point of this bit of the thread is about what they pay, not what they get back or don't pay.
They still pay a massive amount pro rata than most of us. Greed causes issues and resentment and in isolation is a bad trait. Rich people don't want to be a pound less rich tomorrow I get that but as said they pay loads.

The only countries that remain socialist are dictatorships.

The proof is in the eating.....the only democratic countries that elect socialist governments are ones that haven't had them for decades.....enough time for youth, who have never experienced a socialist government to get to voting age.

They are easily fooled and believe the promises socialists put out. Enough of them are ignorant of history so they actually believe it.

There is actually hope for socialism in the future once automation has radically changed the workforce enough for the capitalist system to have to consider a change.

But it will have to be a part of the new system....not the actual system itself.......both traditional capitalism and socialism will be outmoded solutions in of themselves.

But for now....it's the last thing any sane country votes for.

Edited by Stirlingsays (01 Jul 2018 2.16am)

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

As a percentage of your(my) income, you(i) pay far far more in tax than 'the rich' ever will........yet you talk about ''fairness''?
It baffles me why many continually ignore this fact.

As for Socialism (zzzzzz), you live in that world whether you choose to accept it or not. Bank bail-outs/ins, Working Tax Credits etc etc are all paid for by YOU for the benefit of those wealthier than YOU.
Who tells you that you need rich people? Rich people.
Along with many you've been indoctrinated. You just can't see it.

"It's easier to fool people than to convince them that they have been fooled".

Buy Litecoin.

I really can't see how this is the case. So in order to answer you, who exactly are "the rich" and what are they earning? Can you give me example figures of the tax paying differences of a rich vs poor person? Would LOVE to know your ideal tax brackets.

As for the bailouts, a true capitalist would have let the banks go to the wall and new banks come in to take their place. If the banks knew the government would step in to save them, would they have been so reckless? The government was supposed to keep the banks in check and failed – and you want the government to control your finances under socialism?

I know how the capitalist and socialist systems work and don't need a rich person to tell me which is the better system. Again, give me a list of countries thriving under socialism.

Socialism, Socialism, Socialism............zzzzzzz. If you can't see that i'm far from that then best we end this conversation as friends bud.
All the best

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