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

  1. #41
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Fenton View Post
    Lol...

    No he's a Progressive all right

    His State of the Union claptrap where he unveils his plans to raise taxes on the " Rich " is just one example.
    Did he not want to raise taxes on the rich from the get-go but the Republicans wanted nothing of it???
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

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

    Quote Originally Posted by Middleground View Post
    Started catching major steam during the Reagan era.
    I am not sure of the years when it changed, but productivity increases generally lead to increased profits and wage increases. That stopped / decreased substantially over the decades.
    From what I gather US tax rates are lower than what we pay in Canada. That is a guess though.
    Quote Originally Posted by Fenton View Post
    Hillary is the only defense I or anyone else needs.
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    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.

  3. #43
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Khayembii Communique View Post
    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.
    You are off by almost half (and this was 2012). According to Forbes:

    Before you can talk about the 1 percent, it’s important to put the figures into perspective by understanding exactly what that figure means. The average annual income of the top 1 percent of the population is $717,000, compared to the average income of the rest of the population, which is around $51,000. The real disparity between the classes isn’t in income, however, but in net value: The 1 percent are worth about $8.4 million, or 70 times the worth of the lower classes.

    The 1 percent are executives, doctors, lawyers and politicians, among other things. Within this group of people is an even smaller and wealthier subset of people, 1 percent of the top, or .01 percent of the entire nation. Those people have incomes of over $27 million, or roughly 540 times the national average income. Altogether, the top 1 percent control 43 percent of the wealth in the nation; the next 4 percent control an additional 29 percent.

    Average America vs the One Percent - Forbes
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

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

    Quote Originally Posted by JANFU View Post
    I am not sure of the years when it changed, but productivity increases generally lead to increased profits and wage increases. That stopped / decreased substantially over the decades.
    From what I gather US tax rates are lower than what we pay in Canada. That is a guess though.
    Do you not think tax breaks had anything to do with it??? In the 40s, they paid about 90%!
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

  5. #45
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Middleground View Post
    I guess freedom means **** all to you.
    What does freedom have to do with it? Am I not free to what I will with what is rightly my own? The anti-freedom crowd are the ones who wish to empower the state to confiscate the wealth of some and pass it out to others. That's despotism. Lining your pockets with the property of others isn't freedom. If you think it is, send me what you have and set me free.

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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 worlds 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.
    To which the appropriate response is: So what?
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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

    Quote Originally Posted by Fiddytree View Post
    If we think this is anything anywhere near new, you would be mistaken.

    Welcome to the human condition everyone.
    republican-tax-cuts-have-significantly-increased-the-wealth-gap.jpg

    Seems to me the gap started to majorly expand during the Reagan era.
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

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

    Quote Originally Posted by Fletch View Post
    What does freedom have to do with it? Am I not free to what I will with what is rightly my own? The anti-freedom crowd are the ones who wish to empower the state to confiscate the wealth of some and pass it out to others. That's despotism. Lining your pockets with the property of others isn't freedom. If you think it is, send me what you have and set me free.
    Money is power. Money corrupts. You put the dots together.
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

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

    Quote Originally Posted by Middleground View Post
    republican-tax-cuts-have-significantly-increased-the-wealth-gap.jpg

    Seems to me the gap started to majorly expand during the Reagan era.
    Economic growth will do that. "Majorly?"
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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

    Quote Originally Posted by Middleground View Post
    Do you not think tax breaks had anything to do with it??? In the 40s, they paid about 90%!
    Jobs, incomes, wages all played a part.
    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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