tag:blogger.com,1999:blog-8358039.post6902353326129366720..comments2024-03-25T15:17:04.488-07:00Comments on Captain Capitalism: Best of Cappy Cap - A Tutorial on ObamanomicsCaptain Capitalismhttp://www.blogger.com/profile/05620212946121617985noreply@blogger.comBlogger31125tag:blogger.com,1999:blog-8358039.post-44478772920841849252011-04-29T07:16:58.989-07:002011-04-29T07:16:58.989-07:00In keeping with “enjoy the decline” how can workin...In keeping with “enjoy the decline” how can working stiffs “ride the decline”. This means dealing with 401(k)s steering them into stocks. Suppose the juicy employer match is irresistible but 401(k) options are stocks, bonds, and go home?<br /><br />For those skittish about stocks, expect inflation (bonds?), and “forced” into a 401(k)...now what? How does one get the match yet keep it away from stocks? Has anyone explored dumping cash in a 401(k) but then taking a 'loan' back out for non-stock investments? <br /><br />That begs the question; where could a working stiff park & ignore retirement money for a few decades? <br /><br />Forewarned is forearmed and desperation leads to innovation. These conditions have been building for decades so why not figure out how to use them? How about flinging some ideas for 401(k) “prisoners” who agree with dour stock futures?<br /><br />P.S. Making fun of Obama means you're a racist...the New York Times says so.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-44679160722050878692011-04-28T09:53:12.833-07:002011-04-28T09:53:12.833-07:00In Canada the corporate tax rate that the federal ...In Canada the corporate tax rate that the federal level is already below 18% for the current tax year, the liberals will have to increase it back to the 2010 level if they win, they call it a roll back, when they mean increase to a previous level. Be very afraid of the NDP get to decide corporate tax rates...<br /><br />Plus add provincial taxes on-top of that. US states are a complete quagmire of tax policies, some states have no income taxes, some have higher sales taxes, luxury taxes, capital taxes, land taxes, blah blah blah. Canadian tax systems are more uniform just the rates change.<br /><br /><br />End of the day there is only 1 type of taxpayer: the consumer. Taxing the companies they use makes the products more expenses, taxing their income means they have to work more for the stuff they want, taxing their investments mean they have to save more. Consumers own the stocks of the corporations directly or via their savings.S. Harveyhttps://www.blogger.com/profile/12683953991666294097noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-55645108709107734692011-04-28T06:08:21.865-07:002011-04-28T06:08:21.865-07:00Your spelling is atrocious. Don't you realize...Your spelling is atrocious. Don't you realize the correct spelling of profits is "evil".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-4597015981278675172011-04-28T03:00:00.161-07:002011-04-28T03:00:00.161-07:00Here in Canada, the Corporate tax rate is 18 perce...Here in Canada, the Corporate tax rate is 18 percent or so. There is an election right now.<br /><br />The Conservatives (incumbent) want to lower it to 16%.<br /><br />The Liberals (main opposition) want to keep it at 18%.<br /><br />The NDP (the true left pro-labor party) wants to bring it back up to 19.5% (in order to pay for social programs).<br /><br />I know it's easy to slag corporations for not paying their fair share of taxes, but in this increasingly globalized world, various governments will be competing with each other in order to attract corporations to create jobs. Maybe we can get the United Nations to impose a uniform global corporate tax rate to prevent corporations to relocate to those countries with favorable taxes, but until then, countries will be promising goodies to the "evil" corporations in order to get them to close shop in high tax countries, vote with their feet, and move.hitfanhttps://www.blogger.com/profile/03585339553144825190noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-72293642595173082932008-10-24T23:51:00.000-07:002008-10-24T23:51:00.000-07:00To be fair, Obama has "claimed" that he will not i...To be fair, Obama has "claimed" that he will not increase capital gians or dividend taxes on anyone making under $250K. He originally said he supported increasing it flat-out, but then modified it to "only those makin over $250K." Same with the Bush tax cuts. First he supported letting them expire, then "only letting them expire for those making at least $250K."<BR/><BR/>With Obama, Reid, and Pelosi at the helm, with a Democratic supermajority however, I doubt this will be the case. If the Democrats will remove the tax deduction for 401(k)s...DUM DEE DUM DUM DUM...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-55423862685335063532008-10-24T13:36:00.000-07:002008-10-24T13:36:00.000-07:00@Truthseeker...Maybe re-read the article.. he didn...@Truthseeker...<BR/><BR/>Maybe re-read the article.. he didn't say raise the taxes TO 90%, but BY some amount (with 90% being the highest)... If you don't know the difference, then you really shouldn't be commenting about it.. (for non math lovers, an easy example.. if a current rate of 10% is raised by 90%, the new rate would be 19%, much different than saying the new rate would be 90%)<BR/>MathLoverAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-87554238243457855932008-10-24T09:15:00.000-07:002008-10-24T09:15:00.000-07:00"I haven’t read Obamas tax policy, but I’m pretty ..."I haven’t read Obamas tax policy, but I’m pretty sure raising corporate taxes to 70, 80, 90 % is not part of it."<BR/><BR/>So.. you're chiding him supposedly for posting information without citation, and then making a statement indicating a belief in one clause and an admission to not having looked into at all in another?<BR/><BR/>What are you - stupid?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-50786094257653180352008-10-24T09:04:00.000-07:002008-10-24T09:04:00.000-07:00I loved the whole thing, laughed out loud at your ...I loved the whole thing, laughed out loud at your "california" picture. I'm not the brightest so these explainations really help. I think you should try your hand at water colors or pastels! I am sure you can make another work of art with them.wormlynnhttps://www.blogger.com/profile/00397526206516498249noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-41275072468867675952008-10-24T08:40:00.000-07:002008-10-24T08:40:00.000-07:00Very amusing. Kind of cute. But mostly fiction. 40...<I>Very amusing. Kind of cute. But mostly fiction. 40% Corporate tax rates, PLEASE!!!! That number is pure BS. Where do you get these figures.</I><BR/><BR/>Why don't you search for the numbers? Start with Wikipedia, that should already be difficult enough for you. And If you think that companys can somehow defy laws, then look for the income statements and balance sheets of major US corporations (e.g., the evil Exxon Mobil). But I doubt you'll be able to read those.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-33263916183212031002008-10-23T17:17:00.000-07:002008-10-23T17:17:00.000-07:00Very amusing. Kind of cute. But mostly fiction. ...Very amusing. Kind of cute. But mostly fiction. 40% Corporate tax rates, PLEASE!!!! That number is pure BS. Where do you get these figures. You seem like a pretty bright guy, and I agree with some of the things I've seen here. Why spread lies and untruth? It casts a shadow of doubt over the rest of your stuff that has substance. One of the biggest problems our country has is that we are stuffed to the gills with lazy morons who will take as gospel anything the media feeds them, be it FOX news or CBS. Too engrossed in Fantasy Football or reality TV to pay attention to what is going on around them. We need the intelligent people, you are seemingly among them, to not add to the garbage pile of half truths and propaganda. Sure we can have differences, but lets discuss them intelligently. I haven’t read Obamas tax policy, but I’m pretty sure raising corporate taxes to 70, 80, 90 % is not part of it. For what seems like a fairly “balanced” comparison of the two candidates tax proposals, try this:<BR/>http://www.taxpolicycenter.org/taxtopics/election_issues_matrix.cfm<BR/>By the way, I am not voting for either candidate for President.<BR/>TruthseekerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-9280492166322149642008-10-23T15:30:00.000-07:002008-10-23T15:30:00.000-07:00Yeah, and look how great that bail out is working!...Yeah, and look how great that bail out is working! ho ho ho!<BR/><BR/>Dumbass.Captain Capitalismhttps://www.blogger.com/profile/05620212946121617985noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-77882718393703919262008-10-23T12:27:00.000-07:002008-10-23T12:27:00.000-07:00The capitalist system just got bailed out by----so...The capitalist system just got bailed out by----socialism!@ ho ho hoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-29845535975838903172008-10-23T11:48:00.001-07:002008-10-23T11:48:00.001-07:00DtrumHaven't heard much about your alma mater in S...Dtrum<BR/><BR/>Haven't heard much about your alma mater in Switzerland. How are they holding up?Captain Capitalismhttps://www.blogger.com/profile/05620212946121617985noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-14206990577305022062008-10-23T11:48:00.000-07:002008-10-23T11:48:00.000-07:00Snarks,I don't know why you just don't move out of...Snarks,<BR/><BR/>I don't know why you just don't move out of that god-forsaken state. Your judicial system is corrupt, the plebecite is socialist, they will only take you for your money. Get out now.Captain Capitalismhttps://www.blogger.com/profile/05620212946121617985noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-106230897052076152008-10-23T11:35:00.000-07:002008-10-23T11:35:00.000-07:00Well, I love to call my neighbors pinko commies. B...Well, I love to call my neighbors pinko commies. But, you have to give credit where credit is due. Arnie pulled off a decidedly non communist move. Instead of the government bail-out he was trying for (or raising taxes), he manned up and sold the equivalent of war bonds. And - it was hugely successful. No welfare here. <I>YET.</I> There are another 25 states that might try that before shaking down their taxpayers. Perhaps you could put a few hammer and sickles by their states.<BR/><BR/>P.S. I feel dirty - I defended California. But, the fact that he solved a problem without the governments help, isn't getting any play at all. And - it does deserve a nod.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-65238383439758199732008-10-23T07:16:00.000-07:002008-10-23T07:16:00.000-07:00Ironic that as we are slowly but surely steering t...Ironic that as we are slowly but surely steering the Canadian ship of state to the right (and with huge effort required) our friends and allies to the south seem to be drifting slowly but surely to the left. Yuck! This is your wake-up call - don't emulate Canada's lefty ways - you won't be happy with the result. Take it from an overtaxed Cdn economist. Excellent blog Aaron.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-5120334796690153832008-10-23T06:54:00.000-07:002008-10-23T06:54:00.000-07:00"I think you've been sticking your crayons too far..."I think you've been sticking your crayons too far up your nose."<BR/><BR/>Hey look, the Obama campaing posted here with their usual trenchant logic!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-19285430979276752302008-10-22T21:44:00.000-07:002008-10-22T21:44:00.000-07:00Gotta say, this is the best post I've read. Even ...Gotta say, this is the best post I've read. Even my socialist friends should get this :) <BR/><BR/>I did notice, however, that excrement seemed to be the end result of these processes in Obamanomuks, when it should actually be... yep... change (pennies and nickels, etc).Anonymoushttps://www.blogger.com/profile/08546086412512091689noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-31181214049071461482008-10-22T21:12:00.000-07:002008-10-22T21:12:00.000-07:00Beautiful.Beautiful.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-39341839684870086792008-10-22T20:38:00.000-07:002008-10-22T20:38:00.000-07:00Finally! An explanation I can understand!Finally! An explanation I can understand!Brad in Waterloohttps://www.blogger.com/profile/05322637126486512027noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-13562125956839111602008-10-22T20:03:00.000-07:002008-10-22T20:03:00.000-07:00Love the commie California on the American map : )...Love the commie California on the American map : ) I noticed in the first debate that Obama got a blank look when McCain argued that cutting taxes could improve economic growth for everyone. What, never thought of that before? I'm convinced that its more important to the liberals to take the Rich! down some pegs than help the poor. It really comes out when it comes to outsourcing. They're so concerned with the evil western corparation getting rich off of the helpless ethnics of faraway places that they never think about it from the perspective of the people whose jobs they are trying to destroy. I remember the moment I think I became an economic "conservative". I was thinking that it was awful that rich western kids get their Nikes for less because people elsewhere work hard 12 hour shifts for pennies to make them. My feeling was that this should be stopped. Then the crucial thing happened - I continued to think. Where would those jobs go? They go to rich westerners, say to the kids who end up wearing them. Kids whose allowances are probably already more than the third world employees were getting from those jobs. Well that's a hell of a lot worse isn't it? At least from the perspective of the people who want and need those jobs. But if your first concern is with the moral well being of the western capitalists whom you beleive are making obscene profits off of those people and with the feelings of guilt getting less expensive goods from people who were just born in a different country causes in the rich westerner, well - then you're a liberal.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-6178108888861694882008-10-22T19:09:00.000-07:002008-10-22T19:09:00.000-07:00ok, that was excellent, Capt! did you do your own...ok, that was excellent, Capt! did you do your own artwork or employ some youthful junior exec to do your illustrations and thus contribute (again) to the economy?CapitalBabshttps://www.blogger.com/profile/01970350760250168065noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-9565502286825086902008-10-22T18:48:00.000-07:002008-10-22T18:48:00.000-07:00Aaron - that's a hoot! Am passing this link on to...Aaron - that's a hoot! Am passing this link on to my distribution list.<BR/><BR/>Folks, this is what happens when you give an economist a new set of crayons!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8358039.post-11614702615166221892008-10-22T18:28:00.000-07:002008-10-22T18:28:00.000-07:00Maybe this will be easy enough to understand that ...Maybe this will be easy enough to understand that even Obama supporters will be swayed by it ; )The Machiavellianhttps://www.blogger.com/profile/04327367637993162683noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-22829474933730344522008-10-22T18:25:00.000-07:002008-10-22T18:25:00.000-07:00Fantastic illustrations! Love the flag!And thanks...Fantastic illustrations! Love the flag!<BR/><BR/>And thanks for the economics lesson. I learn something from each of your posts ... way better than an economics class.Anonymousnoreply@blogger.com