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Richard Stallman's Solution To 'Too Big To Fail'
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pjp
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PostPosted: Tue Feb 05, 2013 4:45 am    Post subject: Richard Stallman's Solution To 'Too Big To Fail' Reply with quote

Driving business away doesn't seem like the best solution, but it is a discussion worth having. But this last time around, banks were the problem, and since the banks are what keeps the economy undead, they'd be exempt.

And I guess if your goal was to create a super elite, you could have turned GM into a bunch of expensive boutique car manufacturers, then slapped a 90% tax on those who could afford to buy them. 'Cause that'd employ a lot of people.

Richard Stallman's Solution To 'Too Big To Fail'
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Amaranatha
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PostPosted: Tue Feb 05, 2013 9:46 pm    Post subject: Reply with quote

Stallman should learn the meaning of "economy of scale". Then, he would start to understand how retarded his proposal is.

Too big to fail? Too big to bail!
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PostPosted: Tue Feb 05, 2013 10:32 pm    Post subject: Reply with quote

What a horrible idea. Not only it would hurt economy(punishing for income, redirecting more resources from productive activities to tax evasion) but it would encourage even more "too big to fail".
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PostPosted: Tue Feb 05, 2013 11:51 pm    Post subject: Reply with quote

Ahenobarbi wrote:
it would encourage even more "too big to fail".
How would forcing corporations to be smaller cause more "too big to fail?"
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Ahenobarbi
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PostPosted: Wed Feb 06, 2013 8:13 am    Post subject: Reply with quote

pjp wrote:
Ahenobarbi wrote:
it would encourage even more "too big to fail".
How would forcing corporations to be smaller cause more "too big to fail?"


With this in place they could present reasoning like "we pay taxes for being too big to fail, so we have right to be bailed".
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pjp
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PostPosted: Wed Feb 06, 2013 11:18 pm    Post subject: Reply with quote

LOL. I suppose that's possible, but taxes often don't benefit those who actually pay them, so there is long standing precedent for that to not happen.
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