they would just leave this country
I guess that goes to show us what the republicans think a true patriot is


O.T.: The bushes own thousands of acres in Paraguay .......... something to think about

Really, I want to know...

they nor their dependents are ever allowed back into the country, ever, not even to visit

we could sent them all to live in real free market economy, just between themselves?

That's THE reality show I would like to watch on TV...

Thanks for coming up with the link

The rich contribute a large portion of the nation's taxes. You don't want to have a taxation system that backfires by inducing the rich to leave (and thus paying fewer or no taxes - if such is the case.....I don't know), and therefore in fact causes your tax revenue to go down.

... we saw soooo many of them leave during the Clinton administration (when their tax rates were what Obama proposes) and the flights leaving this country were loaded for YEARS in the 50s (when the top tax bracket was 90%+).

Yup. History is just FILLED with examples of diaspora of the wealthy. Uh-huh.

Is there a historical precedent of a certain tax threshold causing wealthy people to begin emigrating and renouncing their citizenship? Perhaps it hasn't happened yet, but if it hit a certain rate would it happen? There's an exit tax though, I think, with revoking citizenship.

Or a retraction. One of the two.

went up for the wealthy they would leave the country.
I did not record the conversation.
I guess you will just have to take my word for it.

.....it can't call itself an American company anymore. Make them go to a Chinese court for their patents and contracts.

Also tell them to look into what happened to that food and safety guy in the Chinese government who took bribes from 1%ers and ask them if his replacement is gonna do the same...

http://news.bbc.co.uk/2/hi/6286698.stm

it will open a niche market for enterprising entrepreneurs. Competition will return to our system. Maybe them leaving is for the best, for realz.

That's mostly the 1% and much of it is also retirement... But it doesn't begin to cover the trillions already kept off shore.

Time to wheel them in boys.

Wall Street being the crossroads of the corporate world.

Whoever legalized corporations should have forseen that these limited liability, unfeeling, greed machines would eventually devour everything in the name of record profits.

In fact it's killing us economically. The only thing that has caused this economic turmoil we're in is massive theft and flat out greed. Unless we turn against the corporate criminals and raiders like Bain Capital - we'll get worse in that coming decades.

But Mitt is the perfect candidate for the vulture class - he's a bland, boring, white bread, white collar criminal who made a huge fortune - but was in no way shape or form honest. If he's elected - it will cement the idea that what the vultures are doing is ok - and that will be very dangerous.