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Census finds record gap between rich and poor

Goobieman said:
Solution?
For there to be a solution, you must first show that there is a problem, and then that said problem requires a solution.
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sound point. its not a problem to me other than this inevitable situation motivates lots of class warfare by those who cannot compete successfully
 
ender1 said:
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.
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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.
 
apdst said:
And, what if $2,000 is more than what the market can bare? Then what?
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you think the billionaires cannnot afford it? tell us why
 
justabubba said:
you think the billionaires cannnot afford it? tell us why
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Why do you keep saying billionares? This has nothing to with just billionares. Stop with the spin, please!
 
apdst said:
Why do you keep saying billionares? This has nothing to with just billionares. Stop with the spin, please!
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then explain to us why billionaires cannot afford to pay the higher amount
 
justabubba said:
then explain to us why billionaires cannot afford to pay the higher amount
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There are 403 American billionaires. Are you seriously suggesting that those are the only people that will feel the rise in taxes?
 
apdst said:
There are 403 American billionaires. Are you seriously suggesting that those are the only people that will feel the rise in taxes?
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nope, just the other high earners like them
 
apdst said:
By that logic, middle class folks won't suffer by paying another 3-5 percent, either. They'll just have to live within their means. Won't they?
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I can handle it....we have lots of money. Wife double dips, I quadruple dip...
 
apdst said:
Sounds to me like you're exploiting the system like a mutha'.

I wasn't aware that people could draw SS and retirement pensions. Sounds like bulllllllllllllllllllllllllllll****. That, or you're defrauding the government. Someone probably needs to look into what you're doing.

Ultimately, I see why you support more taxation. So you can make sure your meal ticket keeps coming in.
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class envy, anyone?
 
justabubba said:
nope, just the other high earners like them
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why do you spend so much time advocating other people pay more taxes when they already pay far more than you do?
 
UtahBill said:
I can handle it....we have lots of money. Wife double dips, I quadruple dip...
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Sounds to me like you're ripping off the government. Either you're full-a-****, or you're lucky you haven't been caught.
 
apdst said:
Why do you keep saying billionares? This has nothing to with just billionares. Stop with the spin, please!
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its like gun banners whining about machine guns and bazookas while seeking to ban 22 caliber semi auto plinking rifles. They think that by using Billionaires or "Paris Hilton" the weak minded will not see that they want to jack up taxes on millions of people
 
TurtleDude said:
why do you spend so much time advocating other people pay more taxes when they already pay far more than you do?
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Um...what?

When you add up all taxes, everyone from 66K up pays about the same tax rate. 30%.
 
apdst said:
Why do you keep saying billionares? This has nothing to with just billionares. Stop with the spin, please!
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Ok, 250,000 a year going from 36% to 39%, like they paid before the cuts, exactly how is this a serious hardship?
 
apdst said:
So, a person that makes 200 grand equates to a billionaire?
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nope, but is in the same "high earner" category

but tell us why that $200,000 income earner deserves a tax break requiring our nation to add to the deficit to cover it
 
TurtleDude said:
why do you spend so much time advocating other people pay more taxes when they already pay far more than you do?
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you post as if you have some idea of the amount i earn and pay in taxes; you are clueless again

i post here advocating fiscal responsibility, which means our nation should not give tax breaks to billionaire$ and pass along that cost for our children to pay in the form of increased national deficits

but tell me why you disagree with that position
 
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TurtleDude said:
its like gun banners whining about machine guns and bazookas while seeking to ban 22 caliber semi auto plinking rifles. They think that by using Billionaires or "Paris Hilton" the weak minded will not see that they want to jack up taxes on millions of people
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actually, it exposes the stupidity of the position of adding to our deficit to afford to give tax breaks to billionaire$, while having to borrow money from china to do so

still have seen none from your side explain to us why that makes sense
 
CriticalThought said:
Um...what?

When you add up all taxes, everyone from 66K up pays about the same tax rate. 30%.
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income tax rates are the ones being debated so you point-even if it is true (which I doubt) has no real merit.
 
justabubba said:
actually, it exposes the stupidity of the position of adding to our deficit to afford to give tax breaks to billionaire$, while having to borrow money from china to do so

still have seen none from your side explain to us why that makes sense
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still hung up on the billionaires? I have a great idea-when the dems say they only want to increase taxes on the 425 or so billionaires maybe we can discuss this. Right now

1) those most harmed by the tax hikes are not the uber wealthy but those making 200k-1 Million a year-hardly the uberwealthy
2) why do the dems want to extend tax cuts for everyone but that top 2%
3) the deficit grows due to the massive amount of government spending that has been increasing for decades and was radically accentuated by the Obamunists
4) I haven't seen a peep out of you complaining about massive spending increases
 
justabubba said:
you post as if you have some idea of the amount i earn and pay in taxes; you are clueless again

i post here advocating fiscal responsibility, which means our nation should not give tax breaks to billionaire$ and pass along that cost for our children to pay in the form of increased national deficits

but tell me why you disagree with that position
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again the issue isn't just billionaires and its intellectually dishonest for you to constantly frame the debate in that terms
 
Boo Radley said:
Ok, 250,000 a year going from 36% to 39%, like they paid before the cuts, exactly how is this a serious hardship?
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that is a 10% increase in taxes paid and if someone has mainly investment income then their taxes can double

are you willing to pay 10% more in taxes?
 
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apdst said:
Sounds to me like you're ripping off the government. Either you're full-a-****, or you're lucky you haven't been caught.
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You are admitting your profound ignorance in the topic. I would suggest you get a financial advisor to explain all this to you, but would also suggest that you don't invest with him/her til after you understand it. Lots of advisors out there are just annuity salespersons, and earn a commission off of YOUR fiancial assets.
 
TurtleDude said:
that is a 10% increase in taxes paid and if someone has mainly investment income then their taxes can double

are you willing to pay 10% more in taxes?
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Not sure I follow your math, but I know an increase from 36% to 39% is not nearly double. Nor is it a hardship. It will have little to no effect on anything other than the deficit.
 
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