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Thread: Census finds record gap between rich and poor

  1. #321
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by justabubba View Post
    math is your friend. use it

    every dollar in tax breaks given to the billionaires is another dollar which will need to be borrowed (probably from the chinese - only to be paid back by our children)
    so pick your poison, either give the billionaires tax breaks or tax them equitably and diminish the amount of deficit borrowing
    only one of those choices is fiscally responsible. from your posts i don't think you will be able to distinguish which one that is
    Math is NO ONES friend...but that ignores the reality of what we are talking about. The reality is that congress spends anything they feel like they can get away with. And if they had more they would spend more. They are ALREADY deficit spending. You want to pretend that if they had more taxpayer dollars they would THEN only spend what they have. I submit that they would simply spend that much more.

    Until congress curbs their spending your 'math' is worthless.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by RightinNYC View Post
    Nothing about this resembles how an economy works, so I'm not sure what relevance it has.
    I agree, the example has nothing to do with economics. Its about the distribution of our income and taxes. All I did was explain the chart. I hear this "Redistribution of wealth" comment tossed around. For the last 10 years we have had just that. But it looks like the haves are getting more and the have nots are getting less. Most people I know work very hard. To say they are lazy or dont work hard for what they get is just WRONG.

  3. #323
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by hazlnut View Post
    Census finds record gap between rich and poor



    Even if the release of this was timed, it's still relevant to the midterms and taxes.

    Now is not the time to give an additional tax break to the wealthy and super-wealthy.
    High taxes kill job growth business start ups and expansion and those at the bottom of the economic ladder pay little or no taxes, create no jobs and own no businesses.

    So yes this is relevant to up coming elections because it points out the need to stop and get rid of he Trifecta of Doom, Obama, Pelosi, Reid and all other progressive anti-Americans in Government.

  4. #324
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by ender1 View Post
    I agree, the example has nothing to do with economics. Its about the distribution of our income and taxes. All I did was explain the chart. I hear this "Redistribution of wealth" comment tossed around. For the last 10 years we have had just that. But it looks like the haves are getting more and the have nots are getting less. Most people I know work very hard. To say they are lazy or dont work hard for what they get is just WRONG.
    as I noted in another post the longer a "game" takes place the more a skilled player will win. Its like poker, those with skill or luck will continue to make money against those who have neither skill nor luck. Those who have both a great amount of skill and luck will almost always win and the longer the game goes, the more they win.

    so it is to be expected that the rich get richer as the years go by. So tell me Ender, what is your solution?



  5. #325
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    so it is to be expected that the rich get richer as the years go by. So tell me Ender, what is your solution?
    Solution?
    For there to be a solution, you must first show that there is a problem, and then that said problem requires a solution.

  6. #326
    warrior of the wetlands
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Goobieman View Post
    Solution?
    For there to be a solution, you must first show that there is a problem, and then that said problem requires a solution.
    sound point. its not a problem to me other than this inevitable situation motivates lots of class warfare by those who cannot compete successfully



  7. #327
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by ender1 View Post
    I agree, the example has nothing to do with economics. Its about the distribution of our income and taxes. All I did was explain the chart. I hear this "Redistribution of wealth" comment tossed around. For the last 10 years we have had just that. But it looks like the haves are getting more and the have nots are getting less. Most people I know work very hard. To say they are lazy or dont work hard for what they get is just WRONG.
    I was one of the have-nots, then I started getting more, then the government stepped in and I started getting less.

    The government can take all the money they want from the, "rich folks", and the have-nots are still going to be the have-nots.

    When the government takes money out of the private sector, then that money is out of the private sector, permanently.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    And, what if $2,000 is more than what the market can bare? Then what?
    you think the billionaires cannnot afford it? tell us why
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  9. #329
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by justabubba View Post
    you think the billionaires cannnot afford it? tell us why
    Why do you keep saying billionares? This has nothing to with just billionares. Stop with the spin, please!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  10. #330
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    Why do you keep saying billionares? This has nothing to with just billionares. Stop with the spin, please!
    then explain to us why billionaires cannot afford to pay the higher amount
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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