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Thread: The 1% will own more than the 99% by 2016, report says

  1. #111
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Jack Hays View Post
    So what?
    So you agree that raising taxes doesn't stifle economic growth? That's all I wanted to know.


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    Re: The 1% will own more than the 99% by 2016, report says

    And as long as this Keynesian horror show continues in the major economies...more wealth will be taken from taxpayers and given to the rich.

    Anyone that actually thinks big government helps the masses is staggeringly naive, imo....it does the opposite.

    Look at TARP, QE, Mark to Market rule changes, toxic asset buyouts by the Fed, too-big-too-fail, etc.

    All these helped the rich far, FAR more then they helped the poor/middle class.

    But the ignorant masses are so staggeringly gullible/naive/flat out stupid that they actually buy the rhetoric from the corporations who pay the politicians to convince the masses that bailing out the rich/major corporations is 'good for the masses'.

    When it is little more then a legal transfer of wealth from the poor/middle class to the rich.

  3. #113
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by pbrauer View Post
    So you agree that raising taxes doesn't stifle economic growth? That's all I wanted to know.
    Depends entirely on the circumstances. Sometimes yes, sometimes no. It's not an ideological question for me.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

  4. #114
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by apdst View Post
    Ok, tell us how many times a poor person gave you job.
    Statistically, it's pretty likely that any random person has worked for someone that is not rich.

    A little over half our jobs are with small businesses. Only 2% of small business owners are in the top 1%. So nearly half of everyone employed is currently working for someone who isn't rich. If someone has had more than one job, it's highly likely that at least one of their employers wasn't a 1%er.

    I've had probably around 25 employees, every one of those people have worked for someone that is not rich (because I'm not rich).
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  5. #115
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by JANFU View Post
    So lowering tax for middle class would make them poorer? Higher tax on the rich. That is what Obama was proposing?
    what lefties want is more and more middle class voting for more and more government. and this happens when the middle class are prevented from understanding the cost of government handouts. Taxing the rich more while cutting taxes on the middle class, encourages the Middle class to want more and more goodies since they don't pay for it



  6. #116
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by TurtleDude View Post
    what lefties want is more and more middle class voting for more and more government. and this happens when the middle class are prevented from understanding the cost of government handouts. Taxing the rich more while cutting taxes on the middle class, encourages the Middle class to want more and more goodies since they don't pay for it
    The rich depend upon government to make them rich and protect it. Where would Jeff Bezos be today if the government didn't create the internet?


  7. #117
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by pbrauer View Post
    The rich depend upon government to make them rich and protect it. Where would Jeff Bezos be today if the government didn't create the internet?
    horescrap. the rich often create government to do their bidding. study history a bit. rich people have always existed.



  8. #118
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by TurtleDude View Post
    horescrap. the rich often create government to do their bidding. study history a bit. rich people have always existed.

    countless tribal societies disagree with you.

  9. #119
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by TurtleDude View Post
    horescrap. the rich often create government to do their bidding. study history a bit. rich people have always existed.
    Quote Originally Posted by TurtleDude View Post
    what lefties want is more and more middle class voting for more and more government....
    Hmm, so the rich are lefities. Interesting. I learn something from you most every time you post.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  10. #120
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by JANFU View Post
    So lowering tax for middle class would make them poorer? Higher tax on the rich. That is what Obama was proposing?
    Why don't you ask the 17 million unemployed/under employed/discouraged workers if they are better off under Obama. Maybe you can ask the over 10% African American unemployed why Obama hasn't created an economy that helps them. Maybe too many people sitting on their asses rather that getting out and finding a job, learning from that job, and moving into upper income levels. One thing you can count on with liberals/progressives, it is always someone else's fault for individual failures and inability to find gainful employment probably the rich.

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