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Billionaires: free to romp or responsible to fellow citizens?

Should a multi-billionaire settle for 2 jets instead of 3, 7 homes instead of 10 etc?

  • Yes (if it means serving the greater good)

    Votes: 10 34.5%

  • No (no one has the right to decide how much wealth is too much)

    Votes: 19 65.5%
  • Total voters
    29
LesGovt said:
Oh, please forgive me everyone. This is going to stray far afield. :naughty

You know we are going to disagree, but maybe we can disagree agreeably. First, I don't understand whose business it is if a wealthy person hoarded their money. My guess is very few do. Many billionaires made it by building a large corporation from nothing, i.e. Gates, Jobs, etc. Their capital is highly still at work in the corporations and not sitting in a bank as someone here has intimated. Also, when they sell the corporations, they often invest that money in other instruments, i.e. stocks, bonds, etc. When they do this, the money helps other corporations and that is good for the economy. So, I think it is over-generalizing here to say what funds are available to the billionaires.

I'm not sure how you could possibly know how the wealthy have impacted my life, but I'll let yo explain it to me.

There are poor due to mental or physical handicaps. If they really cannot help themselves, then they should receive assistance. I believe that assistance should be as follows: Family, private or religious charities, local government, county government, and lastly state government. The closer the aid is the more knowledgeable the people offering the aid are of the recipient's real needs.

There are poor who have made poor decisions or who have lived lives of vices instead of virtues. These people need assistance, but not permanent assistance. They need help to learn how to become self-sufficient. The assistance they get should come from: Family, private or religious charities, local government, county government, and lastly state government. The difference with these people and those with real prohibiting handicaps is that the aid here should come with agreements and actions from the recipients to change their ways. No agreement. No aid. No positive steps toward goals, no aid. This is about responsibility.

I could tell you about my background, but it is a personal experience and I cannot prove what I could tell you. Let me just say that I was not raised in even middle-class luxury. The good news is that through hard work and being driven to succeed, as I have said elsewhere, I have lived the American Dream. If I can make it, others can and should. We need to aim people in the right direction and you do not do that by tossing money from Washington to them. A Senator from California doesn't know what the problem is with a poor person in the Ozarks. Again, we would be much better helping people close to home.
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You must be lying about getting out of poverty because a lot of people on this board say it is just simply not possible.
 
MusicAdventurer said:
O.K. so some may not sit on their money .. but some is not all
Additionally, I don't see how lining other corporate richies is helping the less fortunate .. indeed if all the wealth is passed back and forth between wealthy buddies, when exactly will the less fortunate be helped?
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Please define "less fortunate" as you use it here.
 
atrasicarius said:
Enough for a comfortable existence. A house or apartment big enough for their family, some appliances, a few basic luxuries, health care, quality education, maybe a car. That kind of thing. They shouldn't have to go deep into debt to afford any of those things, either.
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If the person can't pay for those things themselves, for whatever reason, who should pay for them?
 
Mason66 said:
You must be lying about getting out of poverty because a lot of people on this board say it is just simply not possible.
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I'm sure that some think it is impossible. There are many stories of rags to riches. Also, I find it interesting how many legal immigrants do so well here.
 
LesGovt said:
I'm sure that some think it is impossible. There are many stories of rags to riches. Also, I find it interesting how many legal immigrants do so well here.
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the left don't want people thinking they can actually make it on their own

they need GOVERNMENT to help them
 
TurtleDude said:
the left don't want people thinking they can actually make it on their own

they need GOVERNMENT to help them
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You, Mason, ans I know better.
 
TurtleDude said:
the left don't want people thinking they can actually make it on their own

they need GOVERNMENT to help them
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Well then we should end all oil subsidies....because they can make it on their own right?
 
winston53660 said:
Well then we should end all oil subsidies....because they can make it on their own right?
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define subsidies and how much do you want all your poor friends to pay for a gallon of gas? its rich yuppies who think 8 dollar a gallon gas is good-not the blue collar workers your party claims to want to help
 
TurtleDude said:
define subsidies and how much do you want all your poor friends to pay for a gallon of gas? its rich yuppies who think 8 dollar a gallon gas is good-not the blue collar workers your party claims to want to help
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What are you saying now they can't make it on their own?


oh boo hoo.
 
winston53660 said:
Well then we should end all oil subsidies....because they can make it on their own right?
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I agree, as all subsidies to all entities should be ended.
 
winston53660 said:
What are you saying now they can't make it on their own?


oh boo hoo.
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I am asking you what are subsidies? not being taxed twice on income earned in other jurisdictions? being able to write off loses like other businesses?


speaking of not making it on their own-what about the 47% who need us to pay their federal taxes for them? Oil companies provide a valuable service that is necessary for this country. what do most of those on welfare do for us?
 
TurtleDude said:
I am asking you what are subsidies? not being taxed twice on income earned in other jurisdictions? being able to write off loses like other businesses?
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Okay fine I'll accept that you think they can not make it on their own.


speaking of not making it on their own-what about the 47% who need us to pay their federal taxes for them? Oil companies provide a valuable service that is necessary for this country. what do most of those on welfare do for us?
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Well some work as nurses aids doing hospice care and things like that. They change diapers on old dying people.
 
winston53660 said:
Okay fine I'll accept that you think they can not make it on their own.




Well some work as nurses aids doing hospice care and things like that. They change diapers on old dying people.
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I never said that-if you feel a need to make up responses from me so be it

its delusional to try to say everyone or even most of those who aren't paying income taxes are in that sort of despair
 
TurtleDude said:
its delusional to try to say everyone or even most of those who aren't paying income taxes are in that sort of despair
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Wow you don't read very well I clearly said some.
 
TurtleDude said:
people who suckle from the public teat rather than working
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Oh, I thought you might be talking about GE, but then I think we would be far better off with no or a very low tax rate fo companies.
 
LesGovt said:
Oh, I thought you might be talking about GE, but then I think we would be far better off with no or a very low tax rate fo companies.
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true-companies exist to make their owners money when greedy governments try to take too much companies leave. and everyone loses but the company and its owners
 
TurtleDude said:
true-companies exist to make their owners money when greedy governments try to take too much companies leave. and everyone loses but the company and its owners
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Companies go where the demand for their product is.
 
winston53660 said:
Companies go where the demand for their product is.
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Sometimes this is true. Not always. Sometimes companies locate elsewhere due to taxes here and/or excessive regulation.

Does Debate Politics have a place for pictures to be uploaded to?
 
LesGovt said:
Sometimes this is true. Not always. Sometimes companies locate elsewhere due to taxes here and/or excessive regulation.

Does Debate Politics have a place for pictures to be uploaded to?
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When you respond click on the picture icon to post a photo.It is the 14th icon from the bold B
 
winston53660 said:
When you respond click on the picture icon to post a photo.It is the 14th icon from the bold B
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That doesn't work unless I have the pic on the internet and I don't. I found the photo album for DP, but it took forever to upload and I finally cancelled it. I may try again later. Arrgh. Thanks.
 
LesGovt said:
That doesn't work unless I have the pic on the internet and I don't. I found the photo album for DP, but it took forever to upload and I finally cancelled it. I may try again later. Arrgh. Thanks.
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Hmmm I can upload an image from my computer.

Might ask a mod.
 
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