The communist Chinese are better capitalists

There is ZERO capital gains tax in Communist China! Even short term traders pay no tax on gains!! Just imagine how much more money would be in your wallet if capital gains tax was zero on your trades. No wonder China is now our master and our lender. They could cause a tsunami if they started selling all those TRILLIONS of US Treasury Bonds. Watch closely the STIMULUS China announced today. I bet it will be much more pro-growth, pro-business than the lunkerheads in Washington DC. Even communist Russia has FLAT tax! Filthy rich people pay the same rate as filthy poor!! And we are going to raise the tax brackets on the most successful entrepreneurs and professionals? Can somebody wake up and smell the coffee?

Edited by pdx5, 04 March 2009 - 08:16 PM.

There is ZERO capital gains tax in Communist China! Even short term traders pay no tax on gains!!
Just imagine how much more money would be in your wallet if capital gains tax was zero on your trades.
No wonder China is now our master and our lender. They could cause a tsunami if they started selling
all those TRILLIONS of US Treasury Bonds.

Watch closely the STIMULUS China announced today. I bet it will be much more pro-growth, pro-business
than the lunkerheads in Washington DC.

Even communist Russia has FLAT tax! Filthy rich people pay the same rate as filthy poor!! And we are going to
raise the tax brackets on the most successful entrepreneurs and professionals?

Can somebody wake up and smell the coffee?

If they pass the trader tax.....That will make a bear to be no risk......

There is ZERO capital gains tax in Communist China! Even short term traders pay no tax on gains!!
Just imagine how much more money would be in your wallet if capital gains tax was zero on your trades.
No wonder China is now our master and our lender. They could cause a tsunami if they started selling
all those TRILLIONS of US Treasury Bonds.

Watch closely the STIMULUS China announced today. I bet it will be much more pro-growth, pro-business
than the lunkerheads in Washington DC.

Even communist Russia has FLAT tax! Filthy rich people pay the same rate as filthy poor!! And we are going to
raise the tax brackets on the most successful entrepreneurs and professionals?

Can somebody wake up and smell the coffee?

Communist better...

Great points-why are you still here? I know the folks over there would agree with you as well-they are truly "living large".

This amounts to a political post...but whatever. If you read the details of the Chinese "stimulus" you will see that it is even more bogus than ours.

This amounts to a political post...but whatever. If you read the details of the Chinese "stimulus" you will see that it is even more bogus than ours.

You people are nuts. YET ANOTHER ACCUSATION about a post being "political."

Here's a great Comment from an actor who kick your a** around the block and has the respect of many. He's right on target. You all waste way too darn much energy just trying to make this board "politically correct." SHEESH.

You know the economy is going in the crapper and you are worried about this minutia that might "offend" someone ! Get a freakin life for crissakes ! You ought to be out there actually trying to solve our country's problems instead of "correcting" and chiding people on this board.

Eastwood thinks political correctness has made society humourless
Fri, Feb 27 01:15 PM

London, February 27 (ANI): Acting legend Clint Eastwood , 79, apparently believes that political correctness has rendered modern society humourless, for he accuses younger generations of spending too much time trying to avoid being offensive.

The Dirty Harry star insists that he should be able to tell harmless jokes about nationality without fearing that people may brand him "a racist".

"People have lost their sense of humour. In former times we constantly made jokes about different races. You can only tell them today with one hand over your mouth or you will be insulted as a racist," the Daily Express quoted him as saying.

"I find that ridiculous. In those earlier days every friendly clique had a 'Sam the Jew' or 'Jose the Mexican' - but we didn't think anything of it or have a racist thought. It was just normal that we made jokes based on our nationality or ethnicity. That was never a problem. I don't want to be politically correct.

We're all spending too much time and energy trying to be politically correct about everything," he added. (ANI)

Great points-why are you still here? I know the folks over there would agree with you as well-they are truly "living large".

Why am I still here?

1. I love this country
2. I don't speak Chinese
3. I love golf, 1000 times more golf courses in US
4. My family is here
5. I love the American culture

But my point is not that living under an autocratic regime such as the one in China is better,
but to illustrate why China has made tremendous advance as a world economic power
since adopting Capitalistic principles.

it is about time American people wake up and smell the coffee.

Thx PDX, I get it.

Great points-why are you still here? I know the folks over there would agree with you as well-they are truly "living large".

Why am I still here?

1. I love this country
2. I don't speak Chinese
3. I love golf, 1000 times more golf courses in US
4. My family is here
5. I love the American culture

But my point is not that living under an autocratic regime such as the one in China is better,
but to illustrate why China has made tremendous advance as a world economic power
since adopting Capitalistic principles.

it is about time American people wake up and smell the coffee.

what you want is for obama to be impeached after six weeks of being president .... you and kudlow and the rest of the cnbc whiners who supported the policies and politicians who got us into this mess .

i suggest you take a look at the latest polls komrade !

ed rader

If they pass the trader tax.....That will make a bear to be no risk......

You got that right, bro!