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Ben Stein: We must raise taxes on the rich

Ben Stein: We must raise taxes on the rich

(7:10) American economist Ben Stein on Fox News agreeing with President Obama that the rich need to pay more. It's a welcome but surprising opinion considering Ben Stein in 2008 compared Obama's campaign rally to Adolf Hitler's Nazi rallies at Nuremberg. He is a Republican, a former speechwriter for presidents Nixon and Ford, and a creationist who co-wrote 'Expelled: No Intelligence Allowed', a documentary that tries to connect eugenics, Nazi Germany and evolution.

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LogicIsPower LogicIsPower (1823 days ago)
Latest comment: All i heard was Bueller Bueller. . . .
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Latest comment: All i heard was Bueller Bueller. . . .
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Guest: (1825 days ago)
good god! is there not a single reporter in America that can let an interviewee finish what they're saying?! I can barely watch this crap because they're always talking over each other. Why bother interviewing someone if you aren't interested in what they have to say?
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good god! is there not a single reporter in America that can let an interviewee finish what they're saying?! I can barely watch this crap because they're always talking over each other. Why bother interviewing someone if you aren't interested in what they have to say?
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Guest: Kerry (1825 days ago)
Sounds good doesn't it, tax the rich? Look at what happens when you do, look at France for eg. all the really rich who you are targeting will leave , they will make the choice to go where taxes are lower. Dumb! The net effect is less! This has been proven time and again. The rich are not dumb. Look at Oregon who tried the same thing...net result less taxes than anticipated. The rich create jobs through investing in and starting businesses. The reason they aren't doing that at the moment is because they are worried what a socialist leaning president might do next in the way of income redistribution AND higher taxes, regulations etc. Business people need the right atmosphere to create wealth etc. and the knock on effect is jobs. That atmosphere is not there under this president, unless you're Goldman or JP morgan et al. Money goes where it is most appreciated.
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Sounds good doesn't it, tax the rich? Look at what happens when you do, look at France for eg. all the really rich who you are targeting will leave , they will make the choice to go where taxes are lower. Dumb! The net effect is less! This has been proven time and again. The rich are not dumb. Look at Oregon who tried the same thing...net result less taxes than anticipated. The rich create jobs through investing in and starting businesses. The reason they aren't doing that at the moment is because they are worried what a socialist leaning president might do next in the way of income redistribution AND higher taxes, regulations etc. Business people need the right atmosphere to create wealth etc. and the knock on effect is jobs. That atmosphere is not there under this president, unless you're Goldman or JP morgan et al. Money goes where it is most appreciated.
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Guest: Bitch please... (1824 days ago)
NO. Money goes where it can get away with murder. You assume that these people are honourable. They are not. They need the rules to be as tight and as restrictive as possible and for punishments for transgressions to be as severe as possible to dissuade them from cheating the system. Most of all, we need to divorce ourselves from finance as much as possible. We need to rediscover our humanity and not insist on whoring ourselves to financial institutions in the misguided belief that they control our futures.
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NO. Money goes where it can get away with murder. You assume that these people are honourable. They are not. They need the rules to be as tight and as restrictive as possible and for punishments for transgressions to be as severe as possible to dissuade them from cheating the system. Most of all, we need to divorce ourselves from finance as much as possible. We need to rediscover our humanity and not insist on whoring ourselves to financial institutions in the misguided belief that they control our futures.
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Guest: iknowlessthanyoudo (1825 days ago)
She's not dumb, she is just content to sell out her country for a fat paycheck.
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She's not dumb, she is just content to sell out her country for a fat paycheck.
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Guest: PeterLondon (1825 days ago)
The tax would raise nearly 1 trillion dollars. The GDP of the USA is 15 trillion dollars. So that tax increase is nearly 7%. Quite a bit
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The tax would raise nearly 1 trillion dollars. The GDP of the USA is 15 trillion dollars. So that tax increase is nearly 7%. Quite a bit
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Guest: (1826 days ago)
What a dumb bitch. 938 billion is almost 1/4.
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What a dumb bitch. 938 billion is almost 1/4.
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