Quote; "the rich ones won't admit how they use socialism to offset their business expenses.
How? I understand that socialism is a terrible idea that bankrupts countries. But you are promoting it via wealth redistribution in every post because you dont understand economics... But I dont see how, and as usual you dont show a logical path or reasoning. So, how?
so How ?, are US business paid Corporate welfare? Some by being paid to develop concepts for military items. (Some pretty far out there-- beam me up Scotty, come to mind) Not the finished product, just a conceptual idea. Then being paid to build an example of that idea. Eventually maybe going to contract to build what they might have dreamed up.
Boeing and the airplane builders are paid for concepts, not actual hardware (planes)! They pay exorbitant amounts to Military people to assist in this development when the idea that is developed while that person was in the service of this Nation. (Employee tampering in the world of private business) Where as a engineer or scientist can be prohibited from seeking employment from a competing employer for the same services as that civilian was hired to do for his/her previous employer. This is done in the shipbuilding industries as well. These are but two examples of huge corporate welfare schemes. Now you want to pay them more?
They are companies, hoping to make a profit. Along comes the government official, that you all voted into power to do this stuff, and they ask them to develop a widget for them. Thats neither capitalism or criminal. Its just the government YOU all voted into power doing what it thinks you voted it in to do, best for either your safety, or your benefit. If you think anything illegal is going on, then take them to court.
Now understand the billions of dollars that we the taxpayer spend on such stuff is not always poorly spent. However, it is Corporate welfare and Capitalism at its worse.
Corporate "welfare" is Socialist.
Spending TAXPAYERS MONEY is socialist. I am not saying you don't need to do this, but it is NOT CAPITALIST!
Thats the OPPOSITE to capitalism!
Capitalism does not have "types". Its simply the free undistorted market of wages, products, companies, individuals, banks, and anything else. Its a self balancing system that makes the whole country pie grow! Maximum choice, free to keep anything you buy or make. Thats the end of it.
There are other examples as well. But we develop stuff and the government (we) pay dearly for that will never see the light of day, or have a use for. Don't you dare to infringe on one of those secret patents, you'll be living in a concrete cell for a long time.
Well then you should be supporting more CAPITALISM and less central government tax spending and less choice (Socialism).
The sort of Capitalism you propose is to make a precious few quite rich ! And make slaves of everyone else. It kind of looks like Communism in a way ie: all for me nothing for you! When the disparity between the very very rich and the very poor is so great, something is quite wrong, and increasing that disparity will not help.
Theres not different "sorts" of capitalism. And quite the opposite it makes ALL richer...
Its the very disparity that MAKES IT WORK!
And once it has, as it has in your own country in spite of many social distortions of the market and heavy tax on businesses, then even your POOR have more choices, food on the table, and a roof, probably a mobile phone, internet access, and a car/fridge than all other countries.
In the other countries, those with socialist tendencies, the poor die. The
average person has less than your poor!
You don't get it yet. The LESS you tax the rich, the less you tax business, the more you allow unrestricted uncontrolled CAPITALISM (theres only one "type") then the richer that country becomes over time. And then even the poor have air conditioning... Instead of a few leaves. And yes the super rich/poor GAP is huge! But that does not make the poor poorer. Exactly the opposite!
Why would kurt the boat builder, decide to open a new bigger boat building factory, risk his business, house, and worry a lot etc if the reward isnt worth it? He wants to be "super rich" so he goes for it. Take all his earnings away as tax and he will not bother. To the benefit/loss of 100 new employees, a better US balance of payments, more tax from employees, business for suppliers etc. Its a rolling snowball IF YOU LET IT.