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

  1. #21
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by JANFU View Post
    Market crash hurts the poor more so than the upper incomes.

    The 100% Economy: Why the U.S. Needs a Strong Middle Class to Thrive - The Atlantic

    The disqualifying notion at the center of Hanauer's talk was that the innovators and businessmen are not, in fact, "job creators"--that the fate of the economy rests instead in the hands of the middle class. So Hanauer wants to tax rich guys like himself more, to pay for investments to nurture middle-class families.

    "We've had it backward for the last 30 years," Hanauer said at the TED conference. "Rich businesspeople like me don't create jobs. Rather, they are a consequence of an ecosystemic feedback loop animated by middle-class consumers." When the middle class thrives, he said, "businesses grow and hire, and owners profit."
    Hanauer is a Leftist idiot.

    Taxing the Rich only make ths Government richer, not the Midlle Class.

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

    Quote Originally Posted by JANFU View Post
    What do you think? The middle class is disappearing. At one time increases in productivity equated to wage increases.
    https://fortune.com/2015/01/19/the-1...6-report-says/
    The richest 1% of the population will own more than half of the world’s wealth by next year as inequality continues its relentless rise across the globe, a new report out Monday says.

    The report, by the U.K.-based charity Oxfam, shows that the top 1% have grown their share of global wealth constantly since 2010. After dipping at 44% in the wake of the 2008 financial crisis, it rose to 48% by the end of last year and is poised to top 50% by the end of next year.
    So it would seem the Progressive Machine has got some soldiers pushing press releases.

    Is the expectation people won't realize these studies are funded by the likes of George Soros' Open Society Institute, and thus have an extreme bias and agenda attached to them, or are they purely for the consumption of the Progressive Believers, and are talking points to fuel the propaganda effort?

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

    Quote Originally Posted by Fenton View Post
    Hanauer is a Leftist idiot.

    Taxing the Rich only make ths Government richer, not the Midlle Class.
    So lowering tax for middle class would make them poorer? Higher tax on the rich. That is what Obama was proposing?
    Quote Originally Posted by Fenton View Post
    Hillary is the only defense I or anyone else needs.
    Quote Originally Posted by apdst View Post
    Not once have I showed my dick to a woman and she thought it was creepy. In fact, in 100% of the cases, they were pretty excited about it. I don't know who you're showing your **** too.

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

    Quote Originally Posted by Fenton View Post
    Hanauer is a Leftist idiot.

    Taxing the Rich only make ths Government richer, not the Midlle Class.
    But thats what Leftsists want, an all powerful government. They are Socialists, just like their Great Leader the Kenyan

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

    Quote Originally Posted by ocean515 View Post
    So it would seem the Progressive Machine has got some soldiers pushing press releases.

    Is the expectation people won't realize these studies are funded by the likes of George Soros' Open Society Institute, and thus have an extreme bias and agenda attached to them, or are they purely for the consumption of the Progressive Believers, and are talking points to fuel the propaganda effort?
    So all these studies are from leftists with an agenda? Is that what you believe?
    Quote Originally Posted by Fenton View Post
    Hillary is the only defense I or anyone else needs.
    Quote Originally Posted by apdst View Post
    Not once have I showed my dick to a woman and she thought it was creepy. In fact, in 100% of the cases, they were pretty excited about it. I don't know who you're showing your **** too.

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

    Quote Originally Posted by Fenton View Post
    Dont elect Progressive morons to be your President to start.

    Dont sign laws that increase cost on the Middle class , dont raise taxes on the " Rich " just to garner support from low information voters.
    What laws are you talking about that increase costs on the middle class? If you are blaming the ACA it is not the cause. Not having HC coverage is not a savings. How will not raising taxes on the top earners help the rest of us? We tried lowering them and that made things worse. Therefore It seems logical that raising them back would be the most likely cure. Rich employers would be more likely to give their employees a raise with their profits if the had to choose between that or just giving it to Uncle Sam. Use it or lose it is a powerful stimulus.
    Last edited by iguanaman; 01-19-15 at 05:33 PM.

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

    Quote Originally Posted by TerryOfromCA View Post
    But thats what Leftsists want, an all powerful government. They are Socialists, just like their Great Leader the Kenyan
    Actually right now we just want employers to give their employees more raises. Right now they are socking away their increased profits because the tax laws allow are so favorable that they can't resist it. It is unsustainable.

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

    Quote Originally Posted by iguanaman View Post
    What laws are you talking about that increase costs on the middle class? If you are blaming the ACA it is not the cause. Not having HC coverage is not a savings. How will not raising taxes on the top earners help the rest of us? We tried lowering them and that made things worse. Therefore It seems logical that raising them back would be the most likely cure. Rich employers would be more likely to give their employees a raise with their profits if the had to choose between that or just giving it to Uncle Sam. Use it or lose it is a powerful stimulus.

    is that what you think?

    that the average businessman will think to himself....do i want to pay my employees more, or pay the taxman more?

    really? are you really that naive?

    this is why that will NEVER work.....NEVER

    most businessmen will think to themselves, those goddamn commies.....they want to take more of MY money......and he/she may get more involved politically to try to get the laws changed to LOWER their taxes back

    but they would NEVER just give their employees more money......wanna know why?

    because they feel every one of my employees is already paid fairly......and why would they give them more for doing exactly what they are doing right now?

    The taxes may eventually be lowered by the laws being changed........

    Have you ever tried to TAKE money back from employees, once you have given it? doesnt work out so well for management in cases like that

    employees tend to feel cheated, and feel that their job may be in jeopardy......not good for business

    your use it or lose it proposition is NEVER going to happen......bank on it
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

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

    I don't even know what they mean when they say richest 1% anymore. If it's richest 1% by income globally, most people here are probably in the top 1%. According to this site, the top 1% global income earners are earning at least $32,000 per year. For the US, however, the top 1% in income is about $400,000.
    Last edited by Khayembii Communique; 01-19-15 at 06:04 PM.
    "I do not claim that every incident in the history of empire can be explained in directly economic terms. Economic interests are filtered through a political process, policies are implemented by a complex state apparatus, and the whole system generates its own momentum."

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

    Quote Originally Posted by iguanaman View Post
    Actually right now we just want employers to give their employees more raises. Right now they are socking away their increased profits because the tax laws allow are so favorable that they can't resist it. It is unsustainable.

    i have 145 employees

    i just gave raises to 133 of them

    most employers are giving raises....just not big ones

    unless the particular employee has made himself/herself more valuable to the company

    i gave 2 employees approx 35% raises....my top two performers of the year

    i gave about ten 5-7% raises.....they did better than other employees in the last year...top performers

    i gave most of the rest 2-3% raises based on cost of living increases

    and i gave zero raise to 12 employees (either too new, or bad reviews/bad performance)
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

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