| Eric5273 |
11-05-2008 03:05 AM |
Quote:
Originally Posted by autoque
In a demacratic country, if majority wants socialism and voted for socialism, shouldn't socialism rule?:D
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Some people only approve of democracy when the people vote the way they like. But yes, many other democracies have voted socialists into power. Vietnam was the first in 1956, Chile in 1970, and more recently Venezuela, Bolivia, Spain, Nepal, Nicaragua. That said, Barak Obama has not demonstrated to me that he is anywhere close to a socialist. I have not heard a single thing he has proposed that sounded to me like socialism.
As for you guys being afraid of high taxes, in a socialist system there are no taxes. Instead, the profits from nationalized corporations, and corporate taxes from private corporations, provide the government with the all revenue it needs. Citizens do not pay any kind of personal income tax.
Personal income tax is purely a capitalist invention, and the money from all the personal income tax collected by the Federal Government does not pay for any government programs, but instead goes to pay interest to the Federal Reserve. None of it is used for discretionary spending. It's not some big coincidence that the Income tax was created the same year as the Federal Reserve (1913). When our government granted some private banks (Federal Reserve Act) the right to print money and charge interest to loan it back to the government, they needed a way to pay for that interest, and thus they created the personal income tax. If we were to eliminate the private Federal Reserve and actually have our government manage the printing of money as every other country does, and as our own country did prior to 1913, then the income tax could be eliminated entirely without affecting government spending one bit. Your high taxes don't come from socialist programs. They come from Wall Street's influence on Washington starting about 95 years ago, and continuing until today.
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