Remember Occupy Wall Street

[Andre]

Kirk do you think the pilot's union is the overwhelming representative population of the OWS movement? Seems like you are trying to portray them as the face of the national OWS movement.

Those poor pilots VC



Here you go Kirkland, here's some Occupiers they speak in vague platitudes and look like bums.




Meanwhile Peter Schiff actually looks like he could hold a job and speaks clearly and MAKES SPECIFIC POINTS!

Thanks , Ive watched the first one right through:although not the best at articulation the first two people got their points across, specially the second guy, third guy shouldnt of been interviewed he was led by the questions and got lost, if he knew anything at all.

I dont think anyone knowing the weather sees them as 'dressed as bums',common sense tell us it was cold it was night,they were out in it for a few days, so they dressed to suit , the first guy was sniffing maybe the start of a cold or maybe he was on crack!


The second interviewer on the next video was great he knows what gives, he was simply pointing out Capitalism isnt their problem at all, The Goverment are their problem and by the 10 minute mark, he even agrees fully that Wall street is with the Government.

Ill get back to watching it from there.

These were great videos to put up, you should watch the content for yourself.
Im only ten minutes into the second one its very interesting the interviewer is separating himself and other big businesses from Bankers and politicians and rightly so.


I have a question that brought up: Do business owners really pay 55% tax in the States?

In Australia we pay 33% because that is company tax (if you have formed one) then you can divide the net income up amounts others who are subsidiaries to your company and then use all the perks however many times over for the amount of relatives or partners you have on board. Including investment properties super, health insurance,you name it even entertainment of 20 plus in a restaurant etc once or twice a year.

(Isnt it the same there)?

[VictorCharlie]

The rate is somewhat irrelevant to what is paid. Sure the US has one of the highest corporate tax rates but the code is so convoluted and thick that there are as many loopholes, credits, deductions etc as rules that a massive business like GE could pay nothing in corporate taxes. The real lobby there is the accountants and lawyers. If you dropped the rate to say 15% of net profits excluding the top percentiles' compensation of each corporation the real loser is the gigantic accounting firms that bill millions to save the businesses billions.

[Andre]

I was wondering if Peter schiff was being honest saying he employs a hundred people and pays 50% in tax?

If you are a sole trader out here and earn over a certain sum,I forget, maybe its 150,000 personal, you can pay those amounts 50% but you'd be crazy to ignore the advantages available and actually do so.

[Kirkland Laing]

I was wondering if Peter schiff was being honest saying he employs a hundred people and pays 50% in tax?

If you are a sole trader out here and earn over a certain sum,I forget, maybe its 150,000 personal, you can pay those amounts 50% but you'd be crazy to ignore the advantages available and actually do so.

He pays low single digits in tax. He runs a fund and will employ a few people and subcontract a lot of say analysis work out to freelancers and have professional people like accountants and lawyers deal with the the legal/tax aspects of what he does so he's counting them and their staff as employees.

[El Kabong]

Thanks , Ive watched the first one right through:although not the best at articulation the first two people got their points across, specially the second guy, third guy shouldnt of been interviewed he was led by the questions and got lost, if he knew anything at all.

I dont think anyone knowing the weather sees them as 'dressed as bums',common sense tell us it was cold it was night,they were out in it for a few days, so they dressed to suit , the first guy was sniffing maybe the start of a cold or maybe he was on crack!

Got their points across What points? Everything they said was either trite or purposely vague which is what lead nonOWS people to realize "Those people don't have a damn clue why they are there or what they are doing, it's just a party to them"