Dixie - In Memoriam
New member
One of the things I see many liberals crying over, is the "record profits" from capitalist enterprises. I am sometimes puzzled by this, because it would seem that people who hold such important values on tax revenue, would not be so hostile towards the thing that generates more tax revenue, profits. If a company loses money, it can't pay taxes, there is nothing owed. So you might think liberals would be encouraging even larger profits, so they can gain more taxes, but no. You'd also think liberals would want capitalists to grow their business, hire more workers, have larger payrolls, because... that's where taxes come from, right? If a capitalist is constantly expanding and growing, he is creating new jobs and generating more profit which can be taxed, and generate more tax revenues. What we see instead from liberals, is this constant two-sided argument to keep raising tax rates and keep attacking capitalism. If we take this idea to it's logical conclusion, we would have no capitalism and a 100% tax rate. Do they really believe that will work, economically?
It has gotten me to thinking, what is it about their plan the liberals aren't comprehending? Because, as I pointed out, the logic of their plan is patently stupid and will ultimately fail, unless you think Mao's China was successful. So I thought maybe I would interject some wisdom here, as a former capitalist business owner, who sold out years ago for a healthy sum of money, and no longer has a dog in the hunt. My mentor was a man I will call "Bill" here, he taught me how to build and grow a successful business. My first two attempts failed, and I had my whole life's net worth tied up in a third, which was floundering. That's when I met Bill, and I was determined to follow his advice. Now, I don't know that I can possibly share all of it here, but for this particular thread, let me tell you what he taught me regarding business and profits.
Bill says; Successful corporations have a game plan to meet the goal of 10% growth per year. In order to do this, they will have to generate at least 10% increase in profits for the year, just to maintain their initial goals and objectives for the year. If they only grow 8%, that isn't good enough to keep pace with the competition, and they will go under. Success comes when they can maintain a 10% rate of growth each year, consistently. So whenever we hear of "record profits" we need to remember, every year needs to set a new record, and it should actually be 10% higher than the previous year, or better. This is the target for successful capitalist growth. Take a look at the "record profit" margin, and immediately deduct 10% from that, and you can then determine how much excess "profits" are being generated. But also remember, the excess profits are also taxed, and this generates tax revenues. What you will find is, not many successful capitalists are making an enormous excess of profit. They are making enough to grow and be successful, and they are paying taxes along the way. We're not seeing capitalists increase their worth by 4x or 10x, like in the days of the Vanderbilts and Carnegies. We mainly see that a majority of companies are successful when they are maintaining a 10% growth rate, and this factor of growth, which is the mark of success to any capitalist enterprise, is not being considered by the liberal.
Capitalists have to make profits, they have no incentive to be capitalists otherwise. I'm not a practicing capitalist anymore, I am now just a consumerist. I didn't really enjoy being a capitalist, it's very difficult to maintain 10% growth each year, and fighting governmental mandates and regulations, dealing with new burdens of taxation and MORE regulation, on top of insurance mandates, cost of living increases, rising labor costs, and increased competition, I just thought it was much more desirable to spend my days fishing, playing my guitar, or posting on an obscure political message board. But America is full of people who do have the desire to be successful capitalists. In fact, this country has historically made a name for itself in welcoming these sort of people from all over the world. We have many generational families of people who came to America to be capitalists and be successful. Our system, a government that is funded through taxation, works well with successful capitalist people living their dream, and it has brought us from being the world's youngest nation to the greatest superpower ever known to mankind, in just over 200 years.
The problem is, we are currently under stealth attack by a socialist communist ideology, which seeks to destroy capitalism and implement state control over everything. PARANOIA! The lefties will cry, and it does sound crazy, but it's the truth. Eastern European Socialists have been inching their way into the Democrat party a long time, and subtly interjecting their philosophies. They've permeated our schools and institutions of higher learning, and have successfully brainwashed entire generations now, to the old world ideas of Marxist and Maoists. The Plan is to kill Capitalism. Gullible liberals in America, might believe something entirely different, that this is some kind of viable plan to create this Liberal Utopia we all hope to live in one day, but this is part of the plan. Once Capitalism collapses, the authoritarian totalitarian state moves in, and you can kiss your constitutional rights goodbye for good. There is no longer, a FREE society.
It has gotten me to thinking, what is it about their plan the liberals aren't comprehending? Because, as I pointed out, the logic of their plan is patently stupid and will ultimately fail, unless you think Mao's China was successful. So I thought maybe I would interject some wisdom here, as a former capitalist business owner, who sold out years ago for a healthy sum of money, and no longer has a dog in the hunt. My mentor was a man I will call "Bill" here, he taught me how to build and grow a successful business. My first two attempts failed, and I had my whole life's net worth tied up in a third, which was floundering. That's when I met Bill, and I was determined to follow his advice. Now, I don't know that I can possibly share all of it here, but for this particular thread, let me tell you what he taught me regarding business and profits.
Bill says; Successful corporations have a game plan to meet the goal of 10% growth per year. In order to do this, they will have to generate at least 10% increase in profits for the year, just to maintain their initial goals and objectives for the year. If they only grow 8%, that isn't good enough to keep pace with the competition, and they will go under. Success comes when they can maintain a 10% rate of growth each year, consistently. So whenever we hear of "record profits" we need to remember, every year needs to set a new record, and it should actually be 10% higher than the previous year, or better. This is the target for successful capitalist growth. Take a look at the "record profit" margin, and immediately deduct 10% from that, and you can then determine how much excess "profits" are being generated. But also remember, the excess profits are also taxed, and this generates tax revenues. What you will find is, not many successful capitalists are making an enormous excess of profit. They are making enough to grow and be successful, and they are paying taxes along the way. We're not seeing capitalists increase their worth by 4x or 10x, like in the days of the Vanderbilts and Carnegies. We mainly see that a majority of companies are successful when they are maintaining a 10% growth rate, and this factor of growth, which is the mark of success to any capitalist enterprise, is not being considered by the liberal.
Capitalists have to make profits, they have no incentive to be capitalists otherwise. I'm not a practicing capitalist anymore, I am now just a consumerist. I didn't really enjoy being a capitalist, it's very difficult to maintain 10% growth each year, and fighting governmental mandates and regulations, dealing with new burdens of taxation and MORE regulation, on top of insurance mandates, cost of living increases, rising labor costs, and increased competition, I just thought it was much more desirable to spend my days fishing, playing my guitar, or posting on an obscure political message board. But America is full of people who do have the desire to be successful capitalists. In fact, this country has historically made a name for itself in welcoming these sort of people from all over the world. We have many generational families of people who came to America to be capitalists and be successful. Our system, a government that is funded through taxation, works well with successful capitalist people living their dream, and it has brought us from being the world's youngest nation to the greatest superpower ever known to mankind, in just over 200 years.
The problem is, we are currently under stealth attack by a socialist communist ideology, which seeks to destroy capitalism and implement state control over everything. PARANOIA! The lefties will cry, and it does sound crazy, but it's the truth. Eastern European Socialists have been inching their way into the Democrat party a long time, and subtly interjecting their philosophies. They've permeated our schools and institutions of higher learning, and have successfully brainwashed entire generations now, to the old world ideas of Marxist and Maoists. The Plan is to kill Capitalism. Gullible liberals in America, might believe something entirely different, that this is some kind of viable plan to create this Liberal Utopia we all hope to live in one day, but this is part of the plan. Once Capitalism collapses, the authoritarian totalitarian state moves in, and you can kiss your constitutional rights goodbye for good. There is no longer, a FREE society.
