Top 40 families own half the wealth in America:

[EdwardBaiamonte]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

 

[blastoff]

Study up on the buying and selling of stock and maybe a bit about business in general and get back to us.

 

[Compost]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

No.

 

[Jimmy_Chitwood]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

How do you tax wealth?

 

[EdwardBaiamonte]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

How do you tax wealth?

You send Bill Gates a bill for $50 billion and if he doesn't pay it you take them to prison at gunpoint

 

[ScienceRocks]

And this is who they republicans are going to give that juicy fucking tax cut too....The same people that have fucked us over for the past 50 years with offshoring, outsourcing and cheap labor.

Republicans never learn...Trump pretty much spelled it out during the campaign for you and you were too dumb to realize that he was the snake.

 

[EdwardBaiamonte]

Also, what do the Liberals mean when they say the top 40 families own more wealth when the bottom 50% of Americans? The top 40 families are only worth about $2 trillion while there are 75 million homeowners in America whose homes are worth a total of $13 trillion. So wealth is far more widespread than liberals would have us believe.

 

[usmbguest5318]

Does anyone think this would be a good deal for America ?

I don't think it would be a good deal for America.

 

[iceberg]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

then what does that tell people - work your ass off and succeed and become a villian and lose it all?

 

[EdwardBaiamonte]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

then what does that tell people - work your ass off and succeed and become a villian and lose it all?

Yes to liberals the rich are very greedy and villians

 

[iceberg]

funny on this - soros is one of the worlds richest.

what does *he* want again?

 

[easyt65]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

The level of Liberal wealth envy is breath-taking.

The OP does not state how these families got their wealth...but he almost 'criminalizes' it.

The OP suggests that just because they HAVE money that others (liberals) do not have these families should be unfairly targeted, for their wealth to be seized by the federal govt because the wealth is not equally distributed among the masses.

The OP does not suggest there is a certain 'financial worth' that should be targeted, except for these families.
- Although they do not have as much as these families (not listed in the non-link supporting the thread), the argument can be made that Harry Reid's, Nancy Pelosi's, Barak Obama's, Hillary and bill Clinton's, George Bush's, George Soros', and others' fortunes should be seized and re-distributed to the masses for no other reason than THEY HAVE IT.

Seizing anyone's fortune or telling them what they have to do with their money, stocks, lives, etc is never what is good for America.

The idea of the forced redistribution of someone's wealth is never good for American, especially when the person doing the 'forcing' is a multi-millionaire liberal who has acquired their own fortune through questionable means, fights to and justified keeping it while justifying seizing someone else's fortune and re-distributing IT.

It is unfair to target people with more money with extremely higher taxes simply because they HAVE more money, especially when allowing almost 50% of the country to not pay a dime while having 'everything' they receive paid for by the very people they are demonizing.

Anyway, that's about 1/2 of my 2 cents' worth on this issue.

 

[SYTFE]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

Of course it's not fair, but it's the inevitable result of capitalism. The majority of the wealth will always pool at the top of the pyramid, while the rest get the scraps.

 

[easyt65]

Of course it's not fair, but it's the inevitable result of capitalism.

You mean the MAKING of the wealth or the SEIZING of the wealth?

 

[SYTFE]

Of course it's not fair, but it's the inevitable result of capitalism.

You mean the MAKING of the wealth or the SEIZING of the wealth?

Neither. I'm saying that within the capitalist model itself, it's inevitable for most of the money to accumulate at the very top percentile. An uneven distribution will always happen no matter what.

 

[The Irish Ram]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

No. What in God's name gives you the right to someone else's money? Their money is none of your business. What are you going to do when those poorer than you want to tax YOUR wealth away? Tax the wealthy out of this country, and you become the next wealthy to be robbed.... Go make your own money.
We need a flat tax. You pay 10% of your wealth, and so does everyone else.

 

[SYTFE]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

No. What in God's name gives you the right to someone else's money? Their money is none of your business. What are you going to do when those poorer than you want to tax YOUR wealth away? Tax the wealthy out of this country, and you become the next wealthy to be robbed.... Go make your own money.
We need a flat tax. You pay 10% of your wealth, and so does everyone else.

The flat tax is the dumbest libertoonian idea ever. It's just another tax break for the rich.

 

[The Irish Ram]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

then what does that tell people - work your ass off and succeed and become a villian and lose it all?

It would tell me to get the hell away from the greedy entitled in the United States trying to take my money, and to take my company and the jobs it created with me....

 

[easyt65]

Neither. I'm saying that within the capitalist model itself, it's inevitable for most of the money to accumulate at the very top percentile. An uneven distribution will always happen no matter what.

I DISAGREE. As they say, the United States is THE land of opportunity':

19 of the most inspiring rags-to-riches stories in business

Rags To Riches 2016: Wealthiest Self-Made Billionaires


If you get off your ass, want it bad enough, work hard enough, and get some breaks anyone can become rich. It is possible....

 

[The Irish Ram]

does anybody think this is fair? We could tax all that Wealth away and it would be enough to run the federal government for six months. Of course much of the wealth is in The form of company stock like Elon musk's Tesla, Jeff basos Amazon, and brinns Google. They could simply sell their stock and hope the new owners would keep them on as management. Does anyone think this would be a good deal for America ?

No. What in God's name gives you the right to someone else's money? Their money is none of your business. What are you going to do when those poorer than you want to tax YOUR wealth away? Tax the wealthy out of this country, and you become the next wealthy to be robbed.... Go make your own money.
We need a flat tax. You pay 10% of your wealth, and so does everyone else.

The flat tax is the dumbest libertoonian idea ever. It's just another tax break for the rich.

So you pay 10% And I have to pay 60%? FU. Hello Mexico. Now, you don't get 60% of my money, You get 0% of my money, which means you have to double down on your end to make up the shortfall. Cough it up. You become the "new wealthy".