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Most of America’s rich think the poor have it easy

AJiveMan said:
And what you miss is that this is the tax code, and corporations use the tax code to their advantage too. You hardly ever hear a corporate exec whining about losses they suffered in a fiscal year, because most losses are deductible, write-offs. Once in awhile we do hear corporations whining their taxes are too high, but for people like mittens, who can shuffle investments overseas and not have to pay taxes, it's no problemo for people like him.

Working poor usually use that money from EIC's and put it back into the economy by purchasing things, which is another thing you and mittens alike fail to understand.
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First, corporations pay little, or no real tax when in the bottom line they pass along those rates to the consumer through higher retail pricing. So when you 'anti Corp' people start bleeting about soaking these corporations I have to shake my head and realize that you know very little of how bisiness works.

As for saying that the EIC recipient puts that money into the economy, you're right, bit don't represent that these people pay taxes when they don't and I showed you how that was true.
 
Grant said:
When you use adolescent terms like 'Mittens' it's easy to see why you may not be doing so well in this world. Use adult terms, speak like an adult, and perhaps you'll be taken more seriously.
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If people don't like my posts, they can put me on ignore.
 
AJiveMan said:
If people don't like my posts, they can put me on ignore.
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It's not a matter of liking or disliking, it's a matter of being take seriously and getting your point across with some credibility. 1 Corinthians 13:11
 
Fenton said:
Geeezz.. more of this nonsense

Us vs them, rich vs poor, 1 percent vs the 99 percent.

Its all bull ****.

Purposely divisive leftist perpetuatjions to push an agenda built on envy, and the false narrative of " disparity ".

All because they have absolutely nothing substantial to run on. Their policies can't stand on their own merits so they invent these class struggles.

Trying to rope in the useful idiots who actually think Government should be the final arbiter of whats " fair " and " equitable ".
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While I don't believe that the government can or should be the final arbiter in what is "fair" and "equitable" can you honestly say there is not a drastic divide between the 99% and the 1%.
 
American said:
And you think corporate profits evaporate into thin air? Frankly your half-true posts are disingenuous at best. Maybe because your concept of the business picture only shows the part that serves your politics. Corporations actually take materials and add value to them in the form of products and so they profit by doing so by keep some of the revenue. This also gets fed back into the economy. Lots of times they expand their production or product line.................which means more employment.
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Which equals more minimum wage jobs.

What serves your need for politics? Everyone needs to be a right winger?
 
iacardsfan said:
While I don't believe that the government can or should be the final arbiter in what is "fair" and "equitable" can you honestly say there is not a drastic divide between the 99% and the 1%.
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There is a vast disparity in the effort, and risk as well.
 
iacardsfan said:
While I don't believe that the government can or should be the final arbiter in what is "fair" and "equitable" can you honestly say there is not a drastic divide between the 99% and the 1%.
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Why is this important? There are social programs for everyone and many opportunities to make more money through education and hard work. What more do you want?
 
AJiveMan said:
Which equals more minimum wage jobs.

What serves your need for politics? Everyone needs to be a right winger?
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One can be compassionate without being unrealistic or destructive.
 
Grant said:
Why is this important? There are social programs for everyone and many opportunities to make more money through education and hard work. What more do you want?
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Free stuff.
 
j-mac said:
There is a vast disparity in the effort, and risk as well.
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I take offense to that honestly because i am certainly not the 1% and I work my a** off. And to say I don't take risks, I invest modest amounts of my income and live on nothing as a result and have seen nothing come to fruition as a result. I work 2 jobs and am picking up a 3rd yet I live off of McDonald's and don't turn my heat on in the winter or AC in the summer. I went to college. I don't see how much more effort you want. I again want to emphasize that I don't think the governments role is to make policy to change where myself and others in my position stand, but it is hard to acknowledge a lack of a huge gap there.
 
j-mac said:
First, corporations pay little, or no real tax when in the bottom line they pass along those rates to the consumer through higher retail pricing. So when you 'anti Corp' people start bleeting about soaking these corporations I have to shake my head and realize that you know very little of how bisiness works.

As for saying that the EIC recipient puts that money into the economy, you're right, bit don't represent that these people pay taxes when they don't and I showed you how that was true.
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Oh no, you don't want to go there.

Does anyone using this forum know where the EITC came from? anyone?

So, is it the R party or the libertarian party that want's to keep up with discouraging and disparaging low wage earners dig?

I mean, if these working poor were suddenly given pay increases, they'd probably be paying income taxes, right? But no, we can't have that, we need poor to keep your wheels greased while you complain about the working poor not paying their fair share. You corporate people want the cake, and you want to eat it too.

If the corporate gooks want working poor to pay income taxes, they have two choices, one pay better wages, or two get the tax code changed.
 
I grew up in poverty and am now in what would be the upper middle class income demographic. I can honestly say from my own life experience that being poor is a hard life.
 
iacardsfan said:
I take offense to that honestly because i am certainly not the 1% and I work my a** off. And to say I don't take risks, I invest modest amounts of my income and live on nothing as a result and have seen nothing come to fruition as a result. I work 2 jobs and am picking up a 3rd yet I live off of McDonald's and don't turn my heat on in the winter or AC in the summer. I went to college. I don't see how much more effort you want. I again want to emphasize that I don't think the governments role is to make policy to change where myself and others in my position stand, but it is hard to acknowledge a lack of a huge gap there.
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You're likely to do very well over the long term. Except for the McDonald's part.
 
SouthernDemocrat said:
I grew up in poverty and am now in what would be the upper middle class income demographic. I can honestly say from my own life experience that being poor is a hard life.
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Yep! But you had the opportunity to improve your life and did so. In many places in the world that opportunity is just not there.
 
Grant said:
Why is this important? There are social programs for everyone and many opportunities to make more money through education and hard work. What more do you want?
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As I said to j-mac, please do not stereotype people. I work two jobs, and beginning a 3rd soon. I have a degree, I invest in many different stocks and sectors, I don't spend my money on things except the essentials, yet I live off of McDonalds. I don't turn my heat on in the winter or AC in the summer. I have never taken government assistance, yet I work hard. I don't think any 1%er that gets up at 5 am to get to their first job, then drives back across town to be at job number two at 9am, then back to the first job at 5 pm when they get off until 10pm when they finally get to go home. My third job is going to be online when I get home from my other two.
 
Grant said:
You're likely to do very well over the long term. Except for the McDonald's part.
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Very true on that haha. Gonna need a bypass by 35.
 
iacardsfan said:
I take offense to that honestly because i am certainly not the 1% and I work my a** off. And to say I don't take risks, I invest modest amounts of my income and live on nothing as a result and have seen nothing come to fruition as a result. I work 2 jobs and am picking up a 3rd yet I live off of McDonald's and don't turn my heat on in the winter or AC in the summer. I went to college. I don't see how much more effort you want. I again want to emphasize that I don't think the governments role is to make policy to change where myself and others in my position stand, but it is hard to acknowledge a lack of a huge gap there.
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Ok, I'm a working stiff as well. You outlined the effort, and just like me you work hard...now, what's your risk?
 
j-mac said:
Ok, I'm a working stiff as well. You outlined the effort, and just like me you work hard...now, what's your risk?
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I'm investing modest amounts of my income in the stock market. I've actually lost money on my investments in a good market, which is simply deflating.
 
Grant said:
Yep! But you had the opportunity to improve your life and did so. In many places in the world that opportunity is just not there.
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Well its also contingent on having the personal talents and abilities to improve your life. I think for some people who are rich poverty is an abstract concept for them. They simply have no concept at all for what it is like to be poor. Its like asking a typical westerner what it would be like to live in sub-Saharan Africa on a dollar a day. We know people live like that there, but we really don't know what it would actually be like and thus its easy for us to pass judgement on those that live in that kind of abject poverty. The same is true for many rich people when they consider the working poor. They know such people exist, but have no concept at all what its like to have to live paycheck to paycheck.
 
Grant said:
Are you arguing for more charity or for more government distribution of other people's money?
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Both methods work: compulsory usually has better results than non compulsory for balancing things.
 
SouthernDemocrat said:
Well its also contingent on having the personal talents and abilities to improve your life. I think for some people who are rich poverty is an abstract concept for them. They simply have no concept at all for what it is like to be poor. Its like asking a typical westerner what it would be like to live in sub-Saharan Africa on a dollar a day. We know people live like that there, but we really don't know what it would actually be like and thus its easy for us to pass judgement on those that live in that kind of abject poverty. The same is true for many rich people when they consider the working poor. They know such people exist, but have no concept at all what its like to have to live paycheck to paycheck.
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You can see poverty to the south in Mexico and wealth to the north in Canada and we can ask ourselves why this is so. Why such poverty in Tijuana and such wealth in San Diego? We know that many Mexicans work very hard, as do many Latin Americans, but they usually stay mired in the same conditions in which they were born. Corruption is a factor, as is culture and the laws. Were more countries to adopt the US Constitution with the Bill of Rights, and laws to protect free enterprise, they may do a lot better in this world. But it's doubtful that even the American people would pass these two acts today.
 
SouthernDemocrat said:
Well its also contingent on having the personal talents and abilities to improve your life. I think for some people who are rich poverty is an abstract concept for them. They simply have no concept at all for what it is like to be poor. Its like asking a typical westerner what it would be like to live in sub-Saharan Africa on a dollar a day. We know people live like that there, but we really don't know what it would actually be like and thus its easy for us to pass judgement on those that live in that kind of abject poverty. The same is true for many rich people when they consider the working poor. They know such people exist, but have no concept at all what its like to have to live paycheck to paycheck.
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There's probably stats to cover this situation but it seems to me that many who were raised in poor families have managed to work their way up in the world if they educate themselves and work hard. Instead of sports or celebrities learn about investments in real estate, stocks, metals, and so on. Figure out what people need and give it to them. There's always room for another entrepreneur who is willing to give someone the best value for their dollar.
 
Grant said:
There's probably stats to cover this situation but it seems to me that many who were raised in poor families have managed to work their way up in the world if they educate themselves and work hard. Instead of sports or celebrities learn about investments in real estate, stocks, metals, and so on. Figure out what people need and give it to them. There's always room for another entrepreneur who is willing to give someone the best value for their dollar.
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I worked from age 15 on. Worked 2 jobs when I was young until I went into IT. Frankly though, I am a pretty smart guy and I have an aptitude for IT. When you are poor you not only have to be smart and have a good work ethic to succeed, you have to be smarter and work harder than those that had everything handed to them in life. Climbing out of poverty isn't possible for everyone these days. Most good careers these days require you to be pretty smart and not everyone is cut out for IT, engineering, or good paying medical fields.
 
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