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. #711
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    Re: Income Inequality

    Many wealthy families do not permit their eldest full control of the trust or any one person, in my experience families that survive 2 generations usually don't interfere with those managing their wealth anyway.

  2. #712
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    Re: Income Inequality

    Quote Originally Posted by Gimmesometruth View Post
    It never ceases to amaze me how libertarians, who base their views largely on economic issues, absolutely refuse to study and understand real world economics, how instead they rely so often on the personal story and cannot, refuse, to accept US macro data. I can post data showing them that wages have been stagnant/declining for all but the top for over a generation of workers.....and they ignore it. It is as if their ideology puts on or encourages the use of blinders causing this myopic view of the economic world. It is nearly cult-like, where when the outside world begins to impinge, they go deeper inside of themselves.

    let me put it this way

    i studied accounting, finance, budgeting, and economics while in college

    you know what it taught me.....theories

    now i have been in the workplace since 1979......

    you know what that has taught me?

    how to run a profitable business.....how to manage a business and it's assets.....especially the people, who make or break every workplace....and lastly, how i do improve my income, and theirs

    not theories....real life

    i could give a **** less what macro **** you throw out there.....because none of it....repeat none of it matters one iota to the individual

    what matters to that person is ....

    how can i get a job
    how can i can better at my job
    how can i earn more for me and my family

    what skills do i need to learn to be more valuable?
    who can teach me those skills?

    i stopped dealing with theories years ago.....now i deal in real life
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

  3. #713
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    Re: Income Inequality

    Quote Originally Posted by Keithknight13 View Post
    I believe its the fact that tax dollars are taken by force, thus there's no incentive for governments to create a quality product/ service at a competitive price. When this money is spent on say wars, or welfare, it takes resources away from transactions ...
    Lets see.....welfare is the redistribution of dollars via taxation....to those who have few dollars....who then spend those dollars......because they have a higher propensity to spend...

    ...but somehow this takes "resources" (dollars) away from "transactions" (spending)?
    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.

  4. #714
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    Re: Income Inequality

    Quote Originally Posted by gdgyva View Post

    i could give a **** less what macro **** you throw out there.....because none of it....repeat none of it matters one iota to the individual
    Except when they realize they are not sharing in income gains, that the gains since 1980 are being captured by the top.



    I know you don't care about US macroeconomics...that was the point.

    But here you are in a macro thread....

    Weird.
    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.

  5. #715
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    Re: Income Inequality

    Income Inequality shouldn't even be discussed to this extent.

    It's ironic but those of you who believe you deserve the wealth of others (redistribution) always seem to be the experts when it comes to income tax regarding the rich. If you guys would only put that effort into finding deductions, you'd be valuable assets.

  6. #716
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    Re: Income Inequality

    Quote Originally Posted by disneydude View Post
    You are using different words but saying the exact same thing over and over:

    Cutting taxes for the wealthy = allowing them to keep more of their money
    Cutting taxes for the middle/working classes = giving them more money that they weren't entitled to in the first place.

    Wow....LOL.....



    you seem unable to differentiate between those who are net tax payers vs Net Tax consumers

    its a common theme among those who think all wealth essentially belongs to the government



  7. #717
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    Re: Income Inequality

    Quote Originally Posted by Gimmesometruth View Post
    Lets see.....welfare is the redistribution of dollars via taxation....to those who have few dollars....who then spend those dollars......because they have a higher propensity to spend...

    ...but somehow this takes "resources" (dollars) away from "transactions" (spending)?
    Welfare receipts have a higher propensity to spend on products that deflate in value.

    Those who pay the most to support programs like welfare, would most likely be investing this taxed revenue in capital or numerous other relatively safe investments.

  8. #718
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    Re: Income Inequality

    Quote Originally Posted by Objective View Post
    Income Inequality shouldn't even be discussed to this extent.

    It's ironic but those of you who believe you deserve the wealth of others (redistribution) always seem to be the experts when it comes to income tax regarding the rich. If you guys would only put that effort into finding deductions, you'd be valuable assets.
    true, I see people who fail personal economics 101 constantly telling those who don't suck on the public teat that these failures are more knowledgeable about economics

    the first sign that you actually understand economics is NOT being dependent on the wealth of others



  9. #719
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    Re: Income Inequality

    Quote Originally Posted by Objective View Post
    Welfare receipts have a higher propensity to spend on products that deflate in value.
    I know..like FOOD. It is a terrible thing that they spend such a large % of their incomes on non-investments......they are bad people.

    Those who pay the most to support programs like welfare, would most likely be investing this taxed revenue in capital or numerous other relatively safe investments.
    Sure, that has obviously been the case, they have been investing in job generating schemes that have raised incomes across the board.....

    Oh wait...


    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. #720
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    Re: Income Inequality

    Everyone just give all their money to me...then there will be (almost) no more inequality.

    You will all be worth roughly the same (and I will be stinking rich).

    End of problem (sort of).

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