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Should we be paying for the rich?

Should our money be going to the rich?

  • Yes

    Votes: 2 5.9%
  • No

    Votes: 25 73.5%
  • Other (please explain)

    Votes: 7 20.6%

  • Total voters
    34
  • Poll closed .
What do you WISH would happen?

People with inherited wealth should give more to the poor or welfare programs to help the poor. I'm fine with inherited wealth as long as it's put to good use.
 
People with inherited wealth should give more to the poor or welfare programs to help the poor. I'm fine with inherited wealth as long as it's put to good use.

What if it doesn't meet your "good use" standards? Then what should happen?
 
Only a small percentage of the wealthy at any given time inherited their wealth. Membership in the top 20% is transitory and fleeting, with constant turnover.

That is a bit misleading though. While a minority of the wealthy people are trust fund kids and thus inherited all their wealth, the majority of them did not come out of poverty either. They typically come from families that are wealthy and thus benefited from growing up in better neighborhoods, attending top schools, their families networks of connected friends and so on. The old born on 3rd and think they hit a triple.

That all said, by that I mean typically if you are rich, you usually came from an either upper middle class or very wealthy family. Upper middle class isn't rich of course and while that gives you a good start, it doesn't make you rich. https://inequality.org/research/selfmade-myth-hallucinating-rich/

We are demographically an upper middle class household, yet I grew up in poverty, not poor, in poverty. I know plenty of other upper middle class households, but I don't know of any others that grew up in poverty. Usually, they grew up in at least a middle class home themselves.
 
People with inherited wealth should give more to the poor or welfare programs to help the poor. I'm fine with inherited wealth as long as it's put to good use.

No...........you are dictating how wealthy people should live.

It's none of your business how anyone decides to distribute their money regardless of how they obtained it.

With that said...................................Kudo's to those that do.
 
I don't think our tax dollars are going to the wealthy. They certainly benefit from some government spending, but most of the wealth transfers in this country are actually from younger workers to the retired, and from wealthy urban areas to rural areas.

Where are they getting all the money that the 99% don't have?
 
No...........you are dictating how wealthy people should live.

It's none of your business how anyone decides to distribute their money regardless of how they obtained it.

With that said...................................Kudo's to those that do.

I'm giving my thoughts on how they should live. Not dictating.
And somebody specifically asked me what I thought, so I answered.
 
Where are they getting all the money that the 99% don't have?

Huge salaries, stock options, investments.... You know the typical way you make a ton of money in the US. This top 1% versus everyone else is misleading. If you actually look at whose wealth and income has grown substantially over the last 30 years or so and whose hasn't, its the top 20% versus the bottom 80%.
 
That is a bit misleading though. While a minority of the wealthy people are trust fund kids and thus inherited all their wealth, the majority of them did not come out of poverty either. They typically come from families that are wealthy and thus benefited from growing up in better neighborhoods, attending top schools, their families networks of connected friends and so on. The old born on 3rd and think they hit a triple.

That all said, by that I mean typically if you are rich, you usually came from an either upper middle class or very wealthy family. Upper middle class isn't rich of course and while that gives you a good start, it doesn't make you rich. https://inequality.org/research/selfmade-myth-hallucinating-rich/

We are demographically an upper middle class household, yet I grew up in poverty, not poor, in poverty. I know plenty of other upper middle class households, but I don't know of any others that grew up in poverty. Usually, they grew up in at least a middle class home themselves.

The point was specifically about inherited wealth.
 
People with inherited wealth should give more to the poor or welfare programs to help the poor. I'm fine with inherited wealth as long as it's put to good use.

:roll: So our fine if a business that is inherited by a child from their parents is taxed to the point it has to be sold to pay taxes that will be used for the poor?

If so your not an American, at all. Your beneath this country and it's people. If you can do so, I suggest you move to a socialist or communistic country and stop hating this one. It would be a best for all involved.

That's not how it is done in America.
 
I'm giving my thoughts on how they should live. Not dictating.
And somebody specifically asked me what I thought, so I answered.

OK fine...........your own thoughts.

Which also means that you think you have a right to criticize how the rich spend their money. (philosophy)
 
I as republican have always advocated for a very high income tax rate on the upper 2% or so of earners.

Income taxes could be and should be used to deter Greed at the top...

We used to do this back in the day, pre 1981. If you tax at 60%+ you can alter what those at the top do, with their money... After all, what is the point of making it, but having to give it away to the Government in taxes.. Instead you bonus it and or use it to increase pay for your best people.
 
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The entire premise of the article is a lie. Of course...the fact that they spent the first 15 paragraphs or so pandering to the poor telling them how unfair life is that the rich are rich and they got rich by stealing your pennies...


And what the entire argument comes down to is tax breaks. Not taking money from you to give to them but allowing investors to keep more of their money to invest and create and generate wealth. Not gifts. Not 'subsidies'. No one is stealing your pennies and giving it to the rich. You arent paying for them.

The fact is, the poor dont pay ****-all. The lower to middle income in this country dont pay their own way, let alone pay for others. You arent paying the rich. Stop. You are just making yourself look pathetic.
 
Huge salaries, stock options, investments.... You know the typical way you make a ton of money in the US. This top 1% versus everyone else is misleading. If you actually look at whose wealth and income has grown substantially over the last 30 years or so and whose hasn't, its the top 20% versus the bottom 80%.

Here's what happens when the coporations elect the government and not the people!

DSkoiEdWkAA7kQx.jpg:large
 
Here's what happens when the coporations elect the government and not the people!

DSkoiEdWkAA7kQx.jpg:large

:roll:

https://www.cnbc.com/2015/04/13/top-1-pay-nearly-half-of-federal-income-taxes.html

[FONT=&quot]The top-earning 1 percent of Americans will pay nearly half of the federal income taxes for 2014, the largest share in at least three years, according to a study.

[/FONT]
[FONT=&quot]According to a projection from the non-partisan Tax Policy Center, the top 1 percent of Americans will pay 45.7 percent of the individual income taxes in 2014—up from 43 percent in 2013 and 40 percent in 2012 (the oldest period available). (Tweet this)[/FONT]
[FONT=&quot]The bottom 80 percent of Americans are expected to pay 15 percent of all federal income taxes in 2014, according to the study. The bottom 60 percent are expected to pay less than 2 percent of federal income taxes.[/FONT]
 
OK fine...........your own thoughts.

Which also means that you think you have a right to criticize how the rich spend their money. (philosophy)

I do have a right to criticize. Freedom of speech.
 
It was always about the rich, but now they have enough protective systems in place that they can be more transparent about it. Good luck challenging them in court or by any other means. They have the wealth of nations under their belts.

One set of rules for them and another for us. Consumer capitalism is coming to its natural conclusion and with it the end of the middle class. The walls to separate us and them are being reinstated.
 
Here's what happens when the coporations elect the government and not the people!

DSkoiEdWkAA7kQx.jpg:large

The people elect them, corporations just own them through their various lobbyists once they are elected.
 
And then the people re-elect them. Explain that.

You know as well as I do that once a congressman is in office it's hell getting them out no matter what kind of job they are doing. If you think that corporations and various industry groups spend billions every year in lobbying and get nothing out of it, then you are pretty naive.
 
You know as well as I do that once a congressman is in office it's hell getting them out no matter what kind of job they are doing. If you think that corporations and various industry groups spend billions every year in lobbying and get nothing out of it, then you are pretty naive.

Are they buying the votes of the public? Explain that. Like when you go in and vote, is the person you chose based on how much money was spent on lobbying?
 
Shocking Report Shows America's Top 1% Now Richer than Bottom 90% COMBINED





I would suggest reading the article, as it's not long.

Basically, from what I can gather from this article, our tax dollars go to the wealthy in this country. I personally don't think that that should be the case.

What do you think?

The rich are the one's who are paying the taxes. 47% of Americans pay no federal income taxes so it would be impossible for their tax dollars to go to the rich, since they aren't paying any tax dollars in the first place.
 
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