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Ray Bod
Nomad Capitalist
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Comments by "Ray Bod" (@raybod1775) on "Nomad Capitalist" channel.
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Same in U.S.
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America's height was the early 60's before the Vietnam War.
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@abt3579 The economy was improving and the deficits were tiny compared to Trump's deficits and our current dying economy. Trump allowed COVID to spread in the U.S. by denying its existence as a threat.
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The dollar could stay the world's reserve currency, but it doesn't mean it won't be worth a tenth of what it is in 10 years.
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@dlukton Airlines received more in bailouts than they paid in taxes and want more bailouts.
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Somebody has to pay the government bills. The middle class has been paying forever and poor don't have the money.
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1% tax on all and any income, no deductible for anything for anyone including no business tax right offs. Let capitalism rule!
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M Reid Unfortunately for us in the U.S., China is making a parallel (Swift) currency trading system for trade with non-Western dominated countries. If it works out, a Chinese digital currency could potentially displace the dollar as a trading currency. That could displace the dollar faster than the dollar replaced the Sterling as the world's currency. Sometimes, I feel really really old.
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Adme Heaven Are you being paid to make these insane pro-Trump comments or are you a Russian bot?
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There are mostly big spending right wing politicians and big spending left leaning politicians. The are very few conservative politicians.
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Adme Heavan Trump created 3 trillion dollars of debt and screwed up U.S. trade with the rest of the world. He is the worst president ever.
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Someone has to pay taxes, why should it just be people earning wages? I believe in capitalism, all income should be taxed equally to cover government expenses with no tax write offs for anything… zero write offs for corporations, no special categories like capital gains or inheritance. Let the chips fall where they may. Anything of value exchanged for goods or service, or imported into the country gets taxed at its value at the same rate. Taxes might drop to 1% or less.
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As bad as the U.S. is, most other major countries are far worse.
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Communist countries run by communist rules… anything the ruling elite wants the rules to be.
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Eliminate all tax write offs for any person, business, corporation, trusts, inheritance, etc. Let 100% of any income from any source be taxed to cover government expenses. 1% tax level would cover everything. It would allow capitalism to flourish. Of course, all those high priced accountants and tax attorneys would have to find another job.
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