View Poll Results: What should be done to battle income inequality in the USA?

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  • Do not intervene

    47 51.09%
  • Yes, do intervene

    45 48.91%
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Thread: Income Inequality

  1. #471
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    Re: Income Inequality

    Raising taxes on capital won't do anything to help the middle class. In fact, to the extent it dampens investment the middle class, many who are dependent on pensions or 401ks, will suffer from a lowered rate of return. Plus, if you think jobs are going overseas now, just raise taxes on capital and watch the run for the border.

    Quote Originally Posted by rabbitcaebannog View Post
    To answer your first question, a big part of the problem is more money is generated through the financialization of our economy than by production. It has got exponentially worse over the decades. This has caused further issues by generating money artificially. To further the problem, people who generate their money through capital are taxed less than those who generate it through labor. People who do not earn their money through capital are more than likely the ones who benefit from such things as government grants and/or programs, yet they are more likely to lose out on such things when revenue is low because they are often cut. One solution that could lessen this problem is by having both capital and wages taxed at the same rate. If the trend continues, the long term effects for the middle class could become much worse.

  2. #472
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    Re: Income Inequality

    Quote Originally Posted by Cephus View Post
    One of those who actually cares about the planet? Sure. If Denmark disappeared tomorrow, most people would never even notice. Most people have no idea that Denmark even exists. That's simply the reality whether you like it or not.
    Spoken like a true arrogant American who thinks he and his country are the center of the world....

    No, I state the facts, if you get offended by the facts, that's your problem.
    Me offended? Hardly.. it is in fact you that tried to be offensive and failed horribly simply because you have no clue about anything outside the US, let alone Denmark or anything in Europe.

    The fact that you couldn't present anything useful that they've done in recent history is quite telling. If there was anything to be proud of, you'd have leapt at the chance.
    Why should I present anything? Danes are not the chest thumping flag waving morons that some nations citizens are. However for you.. I will say one word. Mærsk.
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  3. #473
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    Re: Income Inequality

    Quote Originally Posted by PeteEU View Post
    Spoken like a true arrogant American who thinks he and his country are the center of the world....
    If the shoe fits. Now while we're not the center of the world, the vast majority of major accomplishments, developments and inventions do come from here. What have you invented lately?

    Me offended? Hardly.. it is in fact you that tried to be offensive and failed horribly simply because you have no clue about anything outside the US, let alone Denmark or anything in Europe.
    You're pissed and every post shows it. Your pride is wounded. It's okay, we all understand.

    Why should I present anything? Danes are not the chest thumping flag waving morons that some nations citizens are. However for you.. I will say one word. Mærsk.
    Yet you're sitting here on this forum thumping your chest, telling us all how wonderful the Danish standard of living is. Sure, we believe you.

    And Maersk? Which, founded in 1904, is nothing recent. So what have you done for us recently?
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  4. #474
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    Re: Income Inequality

    Quote Originally Posted by Cephus View Post
    And then those wealthy guys have no more money left to do useful stuff with, which is why Denmark is pretty much known for nothing.
    What welfare states usually do is take over large segments of R&D. This can help cover up some of the weaknesses of the government assuming control of so much of the wealth in the economy. This will of course lead to another weakness in not increased costs of R&D, but also make it so business is dependent on government for any movement in advancement. Funny how government dependence feeds government dependence, isn't it? lol.

  5. #475
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    Re: Income Inequality

    Quote Originally Posted by Cephus View Post
    It certainly is important. One tiny country that has no impact on the rest of the world really isn't that impressive of a country. Why should we ride them around on our shoulders? How have they earned it?
    Uh, again, the topic is minimizing inequality, if they have a model that succeeds....well there you are.



    No, it's PERCEIVED inequality. It's been pointed out many times in this thread that much of the supposed inequality is EARNED by the people who are not "equal". If people want to be more "equal", they need to be responsible and work harder. The people who tend to fail are the people who tend to fail of their own accord and the loony toon liberals keep pretending that everyone ought to have the same thing just because they bothered to wake up in the morning, not because they actually earned it.
    You are oblivious to the lack of income gains for the lower and mid earners in the US since 1980. It is not an argument that all should earn the same. I wish for once conservatives could understand the argument and stop conflating EVERY FRIGGING FEAR with COMMUNISM.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  6. #476
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    Re: Income Inequality

    Quote Originally Posted by Henrin View Post
    What welfare states usually do is take over large segments of R&D. This can help cover up some of the weaknesses of the government assuming control of so much of the wealth in the economy. This will of course lead to another weakness in not increased costs of R&D, but also make it so business is dependent on government for any movement in advancement. Funny how government dependence feeds government dependence, isn't it? lol.
    And funny how the liberals are so absurdly blind to it.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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    Re: Income Inequality

    Why do you want to minimize income inequality, comrade?

    Quote Originally Posted by Gimmesometruth View Post
    Uh, again, the topic is minimizing inequality, if they have a model that succeeds....well there you are.



    You are oblivious to the lack of income gains for the lower and mid earners in the US since 1980. It is not an argument that all should earn the same. I wish for once conservatives could understand the argument and stop conflating EVERY FRIGGING FEAR with COMMUNISM.

  8. #478
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    Re: Income Inequality

    Quote Originally Posted by Gimmesometruth View Post
    Uh, again, the topic is minimizing inequality, if they have a model that succeeds....well there you are.
    But that doesn't exist in a vacuum, you have to have a fully functional and overall successful nation as well. Any country can just steal money from the wealthy and give it to the poor but that really leads to a stagnant culture, which is exactly what we see in Denmark. Find me a country that does what Denmark does, yet is as financially successful and creative as the United States.

    You are oblivious to the lack of income gains for the lower and mid earners in the US since 1980. It is not an argument that all should earn the same. I wish for once conservatives could understand the argument and stop conflating EVERY FRIGGING FEAR with COMMUNISM.
    Because they haven't EARNED those income gains. They don't DESERVE those income gains. Nobody has said a thing about communism but you.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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    Re: Income Inequality

    Quote Originally Posted by TobyOne View Post
    Raising taxes on capital won't do anything to help the middle class.
    Raising taxes on CAPITAL GAINS, in lieu of business not raising wages, will help the middle class, ie Piketty.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  10. #480
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    Re: Income Inequality

    Quote Originally Posted by Cephus View Post
    But that doesn't exist in a vacuum, you have to have a fully functional and overall successful nation as well. Any country can just steal money from the wealthy and give it to the poor but that really leads to a stagnant culture, which is exactly what we see in Denmark. Find me a country that does what Denmark does, yet is as financially successful and creative as the United States.
    What measure are you using for "financially successful"? The point is that if the gains are being concentrated to the top, we are not "successful"



    Because they haven't EARNED those income gains. They don't DESERVE those income gains.
    How are you justifying this? Are you saying that they are less productive? They have less skills? They do not work as many hours?
    Nobody has said a thing about communism but you.
    "everyone ought to have the same thing"
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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