Everything related to the Economy type of debate.

This has been on my mind for a long time, and it has to do with the economy and wether or not there should be a free market system involved. This goes specifically towards U.S. Citizens, however is also available to citizens of other nations as well. This mainly has to do with the Stock Market, what type of economy should be involved (Wether or not we should be independent and be able to work, or if ones balance should be regulated by the government, such as democratic socialism for instance), and what would be most fair for both poor and rich citizens in your current nation, typically the United States. What do you guys think about all of this?

I will come up with an answer later, but not now as I have something else to do, but I just wanted to start the thread now.

Please be respectful of other peoples opinions, and if you have anything negative or off topic to say, click away now.

 

I think the stock market is stupid.

Why can't a company just run itself and make its own money without having to give it away?=

 

It's not like that though... The stock market helps companies stay prosperous, and in return give the individuals a small say in the decisions that are made.

My answer: I believe that capitalism was, and still is the best form economic form for this country. Look how far free enterprise has gotten people in this country, it doesn't matter if they are born poor, through hard work and entrepreneurship they can make a name for themselves, and rise up in the ranks of society.

 

The Stock Market is important for a company to survive, which is through shares. Shares are one of the most important instruments for a company, ex: Person who owns majority shares has the most votes at the AGM of the company, therefore has the power to decide who the board/CEO will be.

 

Whoops, haven't really been educated on it yet

 

Economy is fucked up.
End of story

 

Can you explain why?

 

I like free market, but taxes should grow for more support on the poor(hundreds of dollars net) and middle class(hundreds of thousands net), and less support for the rich(millions+ net)

 

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Because the progressive income tax system is in fact regressive after a certain point of income . Warren Buffett pays 19% income tax, while some people with much lower incomes pay more than that, some even up to 30% income tax. This is why Warren Buffett is asking the government to tax him more.