The Pope is a Communist

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Milo
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Re: The Pope is a Communist

Post by Milo » Fri Feb 07, 2020 6:42 am

The socialist approach is to redistribute wealth through taxation and state owned business, the Christian approach is to give the poor your own money. Given the $ trillions of wealth under the control of the RCC, the approach here is pretty obvious to me!


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Sertorio
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Re: The Pope is a Communist

Post by Sertorio » Fri Feb 07, 2020 7:15 am

Milo wrote:
Fri Feb 07, 2020 6:42 am
The socialist approach is to redistribute wealth through taxation and state owned business, the Christian approach is to give the poor your own money. Given the $ trillions of wealth under the control of the RCC, the approach here is pretty obvious to me!
Does that mean that, in your view, taxes should be replaced by voluntary contributions?...

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Milo
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Re: The Pope is a Communist

Post by Milo » Fri Feb 07, 2020 8:13 am

Sertorio wrote:
Fri Feb 07, 2020 7:15 am
Milo wrote:
Fri Feb 07, 2020 6:42 am
The socialist approach is to redistribute wealth through taxation and state owned business, the Christian approach is to give the poor your own money. Given the $ trillions of wealth under the control of the RCC, the approach here is pretty obvious to me!
Does that mean that, in your view, taxes should be replaced by voluntary contributions?...
No.

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Sertorio
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Re: The Pope is a Communist

Post by Sertorio » Fri Feb 07, 2020 9:16 am

Milo wrote:
Fri Feb 07, 2020 8:13 am
Sertorio wrote:
Fri Feb 07, 2020 7:15 am
Milo wrote:
Fri Feb 07, 2020 6:42 am
The socialist approach is to redistribute wealth through taxation and state owned business, the Christian approach is to give the poor your own money. Given the $ trillions of wealth under the control of the RCC, the approach here is pretty obvious to me!
Does that mean that, in your view, taxes should be replaced by voluntary contributions?...
No.
Then you must agree with the "socialist approach"...

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Milo
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Re: The Pope is a Communist

Post by Milo » Fri Feb 07, 2020 11:42 am

Sertorio wrote:
Fri Feb 07, 2020 9:16 am
Milo wrote:
Fri Feb 07, 2020 8:13 am
Sertorio wrote:
Fri Feb 07, 2020 7:15 am
Milo wrote:
Fri Feb 07, 2020 6:42 am
The socialist approach is to redistribute wealth through taxation and state owned business, the Christian approach is to give the poor your own money. Given the $ trillions of wealth under the control of the RCC, the approach here is pretty obvious to me!
Does that mean that, in your view, taxes should be replaced by voluntary contributions?...
No.
Then you must agree with the "socialist approach"...
I agree with both.

neverfail
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Location: Singapore

Re: The Pope is a Communist

Post by neverfail » Fri Feb 07, 2020 1:40 pm

Milo wrote:
Fri Feb 07, 2020 11:42 am
Sertorio wrote:
Fri Feb 07, 2020 9:16 am
Milo wrote:
Fri Feb 07, 2020 8:13 am
Sertorio wrote:
Fri Feb 07, 2020 7:15 am
Milo wrote:
Fri Feb 07, 2020 6:42 am
The socialist approach is to redistribute wealth through taxation and state owned business, the Christian approach is to give the poor your own money. Given the $ trillions of wealth under the control of the RCC, the approach here is pretty obvious to me!
Does that mean that, in your view, taxes should be replaced by voluntary contributions?...
No.
Then you must agree with the "socialist approach"...
I agree with both.
Oh, for heaven's sake! This discussion has taken an absurd twist - partly because of Sertorio's (hopefully, tongue-in-cheek) introduction - (which some block-heads have since chosen to take seriously).

To go back to the beginning:
Pope Francis blasted the practice of tax cuts for the rich as part of a “structure of sin” and lamented the fact that “billions of dollars” end up in “tax haven accounts” instead of funding “healthcare and education.” Speaking at the seminar set up by the Pontifical Academy for Social Sciences the Pope criticized “the richest people” for receiving “repeated tax cuts” in the name of “investment and development.” These “tax haven accounts” impede “the possibility of the dignified and sustained development of all social agents,” claims the Pope.

https://www.rt.com/news/480256-pope-francis-tax-cuts/
I absolutely agree with the pontiff that this practice is sinful - an affront to God along with being injurious to men....

(....as well as being bad long-term economic policy).

If the Pope did not speak up up against such unholy travesty he would not be doing his job.

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cassowary
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Re: The Pope is a Communist

Post by cassowary » Fri Feb 07, 2020 5:04 pm

Sertorio wrote:
Fri Feb 07, 2020 7:15 am
Milo wrote:
Fri Feb 07, 2020 6:42 am
The socialist approach is to redistribute wealth through taxation and state owned business, the Christian approach is to give the poor your own money. Given the $ trillions of wealth under the control of the RCC, the approach here is pretty obvious to me!
Does that mean that, in your view, taxes should be replaced by voluntary contributions?...
Yes. That’s a good idea. Taxes are compulsory and so bad. Giving is voluntary . That’s a good thing because it’s from the heart.
The Imp :D

neverfail
Posts: 4750
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Location: Singapore

Re: The Pope is a Communist

Post by neverfail » Fri Feb 07, 2020 5:52 pm

cassowary wrote:
Fri Feb 07, 2020 5:04 pm
Sertorio wrote:
Fri Feb 07, 2020 7:15 am
Milo wrote:
Fri Feb 07, 2020 6:42 am
The socialist approach is to redistribute wealth through taxation and state owned business, the Christian approach is to give the poor your own money. Given the $ trillions of wealth under the control of the RCC, the approach here is pretty obvious to me!
Does that mean that, in your view, taxes should be replaced by voluntary contributions?...
Yes. That’s a good idea. Taxes are compulsory and so bad. Giving is voluntary . That’s a good thing because it’s from the heart.
:lol: :lol: :lol:

Society would collapse!

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cassowary
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Re: The Pope is a Communist

Post by cassowary » Fri Feb 07, 2020 9:05 pm

neverfail wrote:
Fri Feb 07, 2020 1:40 pm

To go back to the beginning:
Pope Francis blasted the practice of tax cuts for the rich as part of a “structure of sin” and lamented the fact that “billions of dollars” end up in “tax haven accounts” instead of funding “healthcare and education.” Speaking at the seminar set up by the Pontifical Academy for Social Sciences the Pope criticized “the richest people” for receiving “repeated tax cuts” in the name of “investment and development.” These “tax haven accounts” impede “the possibility of the dignified and sustained development of all social agents,” claims the Pope.

https://www.rt.com/news/480256-pope-francis-tax-cuts/
I absolutely agree with the pontiff that this practice is sinful - an affront to God along with being injurious to men....

(....as well as being bad long-term economic policy).

If the Pope did not speak up up against such unholy travesty he would not be doing his job.
The Pope is not an economist or schooled in finance. So he does not understand the two subjects. The money located in tax havens does useful work. They are not sitting idle as suggested by the Pope. Typically, a portfolio is invested in some proportion of stocks, bonds and cash. Each component is essential for the well being of a modern economy.

Money invested in stocks provides capital to businesses to hire people and produce goods and services that people want to buy. The people who invested are risking their hard earned money. If the company loses money, investors lose money. Money invested in bonds are loans to the companies to do the same. The difference is that the investor takes less risk but the company takes the risks. Even if the company loses money, it is still obligated to pay the bond investor.

As for the cash portion of the portfolio, it is not idle either. Banks pay interest on these cash deposits and lend the money out to businesses. This allows companies to hire people and produces goods and services that people want to buy.

The Pope is simplistic. He thinks the money is not doing any good for the people. It is doing a lot of good. Paying higher taxes will result in slower economic growth and greater relative poverty.

........................................................................................................
The Pope sounds like a communist or at least a socialist. Remember Socialism is the stage before Communism.
The Imp :D

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cassowary
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Re: The Pope is a Communist

Post by cassowary » Fri Feb 07, 2020 9:08 pm

neverfail wrote:
Fri Feb 07, 2020 5:52 pm
cassowary wrote:
Fri Feb 07, 2020 5:04 pm
Sertorio wrote:
Fri Feb 07, 2020 7:15 am
Milo wrote:
Fri Feb 07, 2020 6:42 am
The socialist approach is to redistribute wealth through taxation and state owned business, the Christian approach is to give the poor your own money. Given the $ trillions of wealth under the control of the RCC, the approach here is pretty obvious to me!
Does that mean that, in your view, taxes should be replaced by voluntary contributions?...
Yes. That’s a good idea. Taxes are compulsory and so bad. Giving is voluntary . That’s a good thing because it’s from the heart.
:lol: :lol: :lol:

Society would collapse!
No it won't. I am not advocating total abolishment of taxes. But government should only spend money on essentials such as defence, infrastructure, health, police and the judiciary system. They should leave the provisions to the poor to charity. That's what I mean.
The Imp :D

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