Top 40 families own half the wealth in America:

[Camp]

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.

Tax policies make determine the distribution and that tips the scales and makes the distributions fair or unfair, pragmatic or corrupt, just or unjust.

 

[Camp]

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 controversy is in the nature of the "breaks".

 

[easyt65]

Tax policies make determine the distribution and that tips the scales and makes the distributions fair or unfair, pragmatic or corrupt, just or unjust.

And who writes the tax codes? Guys like this:

https://www.google.com/imgres?imgur...LjUAhWBXD4KHRfCAQsQMwgiKAEwAQ&iact=mrc&uact=8

 

[easyt65]

The controversy is in the nature of the "breaks".

Yet somehow all those people made it despite the same tax codes that are 'keeping everyone else down'.

 

[initforme]

And some deny we don't have plutocratic tendencies.....they cannot see the truth.

 

[SYTFE]

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....

Heh, I love the "and get some breaks" bit you threw in there. I'm not saying capitalism is "bad," I personally benefit from it as I am a business owner. But the end result of a capitalist system is that the majority of the societies wealth will pool at the very top. This doesn't mean that everyone doesn't have equal opportunity to build wealth. But a capitalist system by its very nature isn't egalitarian. It's ruthless as fuck.

 

[Camp]

The controversy is in the nature of the "breaks".

Yet somehow all those people made it despite the same tax codes that are 'keeping everyone else down'.

Lots of "Breaks" have nothing to do with tax codes.

 

[easyt65]

Heh, I love the "and get some breaks" bit you threw in there.

I was not talking about 'political favors' type of 'breaks'. I mean some times things you can only chalk up to 'dumb luck' happens, giving you the break you need to create something innovative, new, and 'enriching'.

Take for example 'paper towels'. Paper towels reportedly came into being because a company that was supposed to be making toilet paper accidently cut the rolls much to long and it was too expensive for them to go back and cut them again.

Badda-boom, badda-bang: Paper Towels were 'born'.

 

[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.

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".

You don't pay 60%. Period.

 

[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?

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....

and many "wealthy" people have left.

we need to understand that the "wealthy" will only be demonized for so long before they buy an island just to get rid of the noise. then what? drop down to the next tier and demand they pay more?

when does "smarter spending" come into play?

 

[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".

You don't pay 60%. Period.

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.

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)

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.

Top 1% pay nearly half of federal income taxes

You want it all..

 

[EdwardBaiamonte]

it's the inevitable result of capitalism. .

if you have evidence of that I will pay you $10,000. Bet?

 

[EdwardBaiamonte]

It's ruthless as fuck.

china just switched to capitalism and eliminated 40% of the entire planets poverty. How is that ruthless?? Does the liberal understand that eliminating poverty is good??

 

[2aguy]

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 ?

Yes....as long as they didn't steal the money, and they earned the money legitimately ...it is fair. If you work smart, and hard, you could be one of those families.....get to work.

No....what you want is to steal their money.......just be honest.....

 

[2aguy]

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.

No...the democrats did those things by increasing taxes, regulation and attacking businesses that create jobs......and they want to import cheap labor from Mexico to make sure blacks and American hispanics stay poor....

 

[2aguy]

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

Yep...this is how you left wingers murdered 100 million innocent men, women and children.......you are envious and corrupt.....

 

[EdwardBaiamonte]

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.

No...the democrats did those things by increasing taxes, regulation and attacking businesses that create jobs......and they want to import cheap labor from Mexico to make sure blacks and American hispanics stay poor....

oh no that is not why they do it. If liberals allow 30 million illegals in to take 30 million jobs from America they can claim capitalism has failed to provide good paying jobs to Americans and thus switch us to socialism.

 

[JBond]

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.

It's earned, not distributed. Knock off the silly wealth envy propaganda.

 

[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

Yep...this is how you left wingers murdered 100 million innocent men, women and children.......you are envious and corrupt.....

i think it was more like 120 million people killed by libsocialism but still eventually it will work. We are learning every day. Sure Venezuela has failed too but one day libsocialism will work, you will see!!

 

[Remodeling Maidiac]

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 ?

Get a job or win the lottery. Problem solved. Whining about not being rich & envying others who are solves nothing.