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

It's not about punishment. It's about making our society solvent, while improving our economy, and preparing for the future.

IE isn't not fair that I don't have what they have.

Also, there are PLENTY of rich people who have an affect on your life, personally....you're just not thinking broadly enough.

ie the man is keeping me down by some hidden force that can't be seen or touched. yet they and all of the other evil rich people out there have this power.
 
OK, too many posts already.

I responded to the first few, and didn't read the hundreds in between.

I have a question. Why do people pose this as if the 1%'ers are the problem? This in my opinion is a very ignorant way to view things.

People who squander they money will remain at the bottom no matter their income, unless they have a very large inheritance.

Anyone can become a 1%'er with time, determination, and yes, a little luck.

Luck runs both ways, and some people keep getting kicked down, but in general... It is the individual that makes their own future.
Who gives a **** about making poor people rich, or middle class people rich, etc?

This is not what this is about. What it's about, is making our economy viable.
 
Poor people pay very little in taxes and reap the rewards of a welfare state.


Guess%20Who%20Really%20Pays%20the%20Taxes.jpg

why did you say this and then provide a graph that is not supporting your argument?
 
yet another instance of you trotting out this type of nonsense when you can't refute the substance of my comment.

let me know when you actually have some substance to add. so far I haven't seen any.
 
ludin;1064220965]IE isn't not fair that I don't have what they have.

This is probably the stupidest response I have seen in this thread thus far. Congratulations. I wish there were some sort of award I could present you with, but sadly, there isn't.

Making our economy more solvent for the present, and more importantly, for the future, has nothing to do with coveting. Learn to logic.


ie the man is keeping me down by some hidden force that can't be seen or touched. yet they and all of the other evil rich people out there have this power.

Does the price of oil affect you, personally? Do you buy and use plastic ****? Gas? Heat your house?

Is it your opinion that it's poor people, or rich people, that control oil companies?
 
lol wut?


Bottom 50% of people pay 3% of all taxes.


What are you having trouble with?

Federal income tax accounts for about half of all taxes brought in.

You're forgetting sales tax, excise taxes, property taxes, etc.

I don't have the link right now, but the numbers clearly show that, yes, the wealthy DO pay more total taxes than the rest....but it's far, far LESS of a percentage of total earnings.


In other words, everyone else SACRIFICES more of their total earnings to pay their tax bill than the wealthy.
 
No it's not, because it debunks the myth that there is never "not enough" due to economic growth.

The idea that there is infinite wealth, or resources, that our economy can just grow, flies in the face of science.

HAH! I love when people throw around "science" as if it adds value to an argument.

Wealth is created, not taken. You create wealth. The finite value of wealth is not bounded, it is the sum total of what has been created, not a limitation on what can be created. Your argument is like saying that there is a finite number of written songs at any given moment therefore you can not write a song without taking the song from someone else.
 
And before someone posts more class envy bull****, the reason why having a larger group of CONSUMERS within a CONSUMER economy giving up a higher percentage of their earning to keep the US afloat than a SMALL group of consumers becomes a problem, is because we ALL.....ALL of us, EVERY SINGLE ONE OF US....relies heavily on the consumption that larger group of consumers does. Reducing their ability to consume in order to lesson the tax liability for a few people does not make economic sense.
 
Federal income tax accounts for about half of all taxes brought in.

You're forgetting sales tax, excise taxes, property taxes, etc.


I think if you add all that in, especially property taxes you will find the top pay way more.

I don't have the link right now, but the numbers clearly show that, yes, the wealthy DO pay more total taxes than the rest....but it's far, far LESS of a percentage of total earnings.


If so or if not, you would have to show me. What I can say, is this is a perfect argument for a non-essentials flat consumption tax. Get rid of the irs, and all these crazy laws.


In other words, everyone else SACRIFICES more of their total earnings to pay their tax bill than the wealthy.



That's irrellevant. if I have more money, I have more money, if I'm paying a higher percentage, I'm paying a higher percentage. what that affects on my quality of life or money saved, really isn't the governments business.

Confiscatory taxes are not the answer.
 
It's not about punishment. It's about making our society solvent, while improving our economy, and preparing for the future.


Also, there are PLENTY of rich people who have an affect on your life, personally....you're just not thinking broadly enough.

No, it is about punishment because this country was built on equal opportunity NOT equal outcome and that is what liberals are promoting by demonizing those who produce since there really is no benefit to raising taxes on the top 1% 32 billion a year. the only influence rich people had on my life was a desire to be more like them without giving up my family life and I was able to do that by keeping my priorities straight. I don't give a damn how much money someone else pays in taxes or earns but I do care about how our politicians buy votes with those tax dollars rather than generating actual compassionate results which means solving problems not creating greater dependence.
 
And before someone posts more class envy bull****, the reason why having a larger group of CONSUMERS within a CONSUMER economy giving up a higher percentage of their earning to keep the US afloat than a SMALL group of consumers becomes a problem, is because we ALL.....ALL of us, EVERY SINGLE ONE OF US....relies heavily on the consumption that larger group of consumers does. Reducing their ability to consume in order to lesson the tax liability for a few people does not make economic sense.



wait, are you saying Americans need to be bigger consumers of chinese crap walmart has for sale? ;)


but in reality, I agree, cut taxes ACROSS THE BOARD.
 
It's not about punishment. It's about making our society solvent, while improving our economy, and preparing for the future.


Also, there are PLENTY of rich people who have an affect on your life, personally....you're just not thinking broadly enough.




I'd like to think my affect on others personally is a positive one. My bankroll really is irrellevant other than to whom I give jobs to.
 
And before someone posts more class envy bull****, the reason why having a larger group of CONSUMERS within a CONSUMER economy giving up a higher percentage of their earning to keep the US afloat than a SMALL group of consumers becomes a problem, is because we ALL.....ALL of us, EVERY SINGLE ONE OF US....relies heavily on the consumption that larger group of consumers does. Reducing their ability to consume in order to lesson the tax liability for a few people does not make economic sense.

Yes, which is quite different than the European economy that depends more on govt. spending which is why austerity doesn't work in those countries because it cuts off the life blood of their economy. More spendable income here encourages consumption and thus economic growth.
 
HAH! I love when people throw around "science" as if it adds value to an argument.

Wealth is created, not taken. You create wealth. The finite value of wealth is not bounded, it is the sum total of what has been created, not a limitation on what can be created. Your argument is like saying that there is a finite number of written songs at any given moment therefore you can not write a song without taking the song from someone else.

You are correct. Crops are GROWN, not taken. Gold is MINED, not stolen. Well....as long as it's your land....but whatever, you know what I mean.

What I am saying to you isn't a contradiction to that, what I saying to you is, there is only a finite amount created at any given point in time. In other words, only so many crops can be grown within a fixed time. So, of that wealth creation, if 95% of it is going to a few, the rest very much does have to be dolled out among the many, based on THEIR ability. We have now an economic system, crafted by democrats and republicans, that ensures that the act of HAVING wealth, ensures the generation of FUTURE wealth. In other words, by no other virtue other than having a lot of many, people can fairly easily make a LOT MORE MONEY. This has resulted in the new wealth generated by the actors within our economy increasingly going to the few.

Which, in of itself, isn't really a problem, EXCEPT....the few are buying up the resources the rest of us need to live. Houses, food, water. These things are becoming the property of an increasingly smaller percent of society.
 
who hacked your account or is using your account as an alt then?




If you can't remember what you posted just a few minutes ago, go elsewhere.

If you don't understand what "all" means, go elsewhere.



all taxes as related to the chart, My mistake thinking you were smart enough to understand that.


I really don't care for "gotcha games".


run along now.
 
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