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Thread: Warren Buffet: 'Trickle Down' Theory Doesn't Work

  1. #41
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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by TurtleDude View Post
    that really has no relevance to anything I have said. I was pointing out that most of those in the top 2% are NOT like Buffett
    I was pointing out that I have a grasp of who is in the top two percent and it's not the avg CPA, doctor, or lawyer..

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by SheWolf View Post
    I was pointing out that I have a grasp of who is in the top two percent and it's not the avg CPA, doctor, or lawyer..
    so enlighten me as to where what amount of income puts someone in the top 2%



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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by TurtleDude View Post
    so enlighten me as to where what amount of income puts someone in the top 2%
    **Raises arm**

    SheWolf, lemme guess!

    How about Wall Street Executives that make hundreds of millions? I think there are more of them than we think.
    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: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by Middleground View Post
    **Raises arm**

    SheWolf, lemme guess!

    How about Wall Street Executives that make hundreds of millions? I think there are more of them than we think.
    Fail

    try again-the question was what is the boundary

    for the top one percent its around 360K



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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by TurtleDude View Post
    so enlighten me as to where what amount of income puts someone in the top 2%
    People worth billions of dollars
    The Richest People in America - Forbes.com

    Here is 400 hundred of them, and my richest uncle and friends who take private jets to Alaska and around Africa aren't even among the richest.. My richest uncle takes expensive vacations without his wive and kids, but his house isn't magnificent.. nothing Robin Leach would pop out of. I know about wealthy lifestyles.. I am not a idiot about this s**t..

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by TurtleDude View Post
    Fail

    try again-the question was what is the boundary

    for the top one percent its around 360K
    I guess I am in the top 2 to 5 percent then, and I don't even consider myself rich in comparison..

    No try again.. according to this website the top 1% was projected to earn $719,000 in 1995.. and is pretax income..

    U.S. Income Tax Burden

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by TurtleDude View Post
    you do understand that there are more than a few leftwingers who operate under the belief that if someone is poor its unfair for others to have "frivolous" luxuries.
    Oh, please.

    Rightwingers operate under the belief that if someone is poor, they should be denied even the remotest semblance of "frivolous luxuries."

    Their definition of a "frivolous luxury?" An occasional freakin' soda.


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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by TurtleDude View Post
    you do understand that there are more than a few leftwingers who operate under the belief that if someone is poor its unfair for others to have "frivolous" luxuries. after all that is the mentality you push-from each according to their ability to each according to their needs.


    maybe you can explain why people have different responsibilities in funding the government when they don't get any additional benefits from the government

    its easy to make the practical argument that the rich have to pay more to make up for the many who cannot pay their fair share but I have yet to see a rational or logical argument why the wealthy have a moral duty to be taxed at higher rates
    First off...I strongly believe in the ideal of "From each according to their means...to each according to their needs"....However, unlike your projection....I don't think its unfair for the wealthy to have "frivilous luxuries"....of course they can. However, I also believe that those who have benefitted the most from what this country has to offer, have an obligation to give back....profiting from American resources is not free....it comes with a price.

    That is why people with different backgrounds and access to the wealth of America have different obligations to pay America back.

    Its really quite simple. In other words....you pay back according to what this great nation has allowed you to achieve. The morality comes into not wanting to pay back and selfishly believing that THAT which has been achieved has come simply as a result of one's "hard work". You can have all the "hard work" you want, but without the greatness of this Country and what it offers, the wealthy could never have achieved even a fraction of what they have. Its not FREE.....and that is why it is immoral not to pay back to the Country that in large part help achieve that wealth.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by Glinda View Post
    Oh, please.

    Rightwingers operate under the belief that if someone is poor, they should be denied even the remotest semblance of "frivolous luxuries."

    Their definition of a "frivolous luxury?" An occasional freakin' soda.

    If they're so poor, that they have to get welfare, then they can't afford a soda water. Besides, as the Libbos tell us, it's bad for them and as long as the goverment is picking up the tab for their healthcare, they have to live a 100% healthy lifestyle.

    Don't like it? Get the **** off welfare and pay for your own soda waters and your own healthcare, you own self.
    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: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by disneydude View Post
    First off...I strongly believe in the ideal of "From each according to their means...to each according to their needs"....However, unlike your projection....I don't think its unfair for the wealthy to have "frivilous luxuries"....of course they can. However, I also believe that those who have benefitted the most from what this country has to offer, have an obligation to give back....profiting from American resources is not free....it comes with a price.

    That is why people with different backgrounds and access to the wealth of America have different obligations to pay America back.

    Its really quite simple. In other words....you pay back according to what this great nation has allowed you to achieve. The morality comes into not wanting to pay back and selfishly believing that THAT which has been achieved has come simply as a result of one's "hard work". You can have all the "hard work" you want, but without the greatness of this Country and what it offers, the wealthy could never have achieved even a fraction of what they have. Its not FREE.....and that is why it is immoral not to pay back to the Country that in large part help achieve that wealth.
    So, you're a Communist?
    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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