Unequal distribution of wealth

[GoneBezerk]

If Bill Gates owned everything, then there would be a black market under his nose. People would buy and sell goods through trade.

An idea like Facebook doesn't get anywhere unless some rich people invest money in the product to get it marketed, built and sold to idiots like you.

Uh, there was no demand for Facebook, Microsoft, etc until someone created a product and got investement to bring it to the marketplace....dumbass.

Demand creates investment.

If all the money in the country was in the hands of one person, who would buy microsoft products?

 

[thereisnospoon]

Uh, there was no demand for Facebook, Microsoft, etc until someone created a product and got investement to bring it to the marketplace....dumbass.

Demand creates investment.

If all the money in the country was in the hands of one person, who would buy microsoft products?

It isn't and never will be.
Business owner huh? Fucking your employees? Not paying your fair share? One percenter?
All you.

 

[Chris]

If Bill Gates owned everything, then there would be a black market under his nose. People would buy and sell goods through trade.

An idea like Facebook doesn't get anywhere unless some rich people invest money in the product to get it marketed, built and sold to idiots like you.

Uh, there was no demand for Facebook, Microsoft, etc until someone created a product and got investement to bring it to the marketplace....dumbass.

If all the money in the country was in the hands of one person, who would buy microsoft products?

Actually ideas that people invest in get nowhere all the time.

Why?

Because there is no demand.

 

[Chris]

A deflationary spiral is a situation where decreases in price lead to lower production, which in turn leads to lower wages and demand, which leads to further decreases in price. Since reductions in general price level are called deflation, a deflationary spiral is when reductions in price lead to a vicious circle, where a problem exacerbates its own cause. The Great Depression was a deflationary spiral.

In a deflationary spiral the government HAS to be the demand of last resort. Obama and Congress handled this well in 2009 and should be commended for saving us from another Great Depression.

 

[Chris]

The Bush tax cuts for the wealthiest five percent of Americans cost the U.S. Treasury $11.6 million every hour, according to the National Priorities Project. Between 2001 and the current projected end of the Bush tax cut extension, tax cuts for the wealthiest 5 percent will cost the U.S. Treasury $1.184 trillion. If extended through 2021 as gop lawmakers propose, the total cost will exceed $3.2 trillion.

 

[Gremlin-USA]

I majored in business, made A's in accounting and economics, and I have a successful business.

I know a lot more about this than you do.

Apparently you do not. And we're not interested in your resume.
NO one who thinks the way you do could possibly be good at anything that makes money.
You're too busy looking at giving it all away to government.
Instead of chiding others, just write a check.

Sorry.

Letting the idle rich pay taxes at a 17% clip is bad for our society.

That's why Buffett and Gates spoke out about it.

I guess you know more about business than Warren Buffett.

And 47% pay ZERO , if we are going to equally distribute wealth, lets equally distribute tax burdens, no more free rides, surely they could pay at least 2 or 3% to help support the USA........

.

 

[P@triot]

If Bill Gates owned everything, then there would be a black market under his nose. People would buy and sell goods through trade.

An idea like Facebook doesn't get anywhere unless some rich people invest money in the product to get it marketed, built and sold to idiots like you.

If all the money in the country was in the hands of one person, who would buy microsoft products?

Actually ideas that people invest in get nowhere all the time.

Why?

Because there is no demand.

Just like your ignorant rants and lies that you post - NO DEMAND!

 

[Gadawg73]

Demand will promote investment as long as the tax consequences are known and low.
Why invest in a business with unknown profits due to high capital gains taxes when I can invest in Costa Rica eco tourism at 15% return?
Americans are dumb asses. They know nothing about money or economics.

I majored in business, made A's in accounting and economics, and I have a successful business.

I know a lot more about this than you do.

BBA UGA, MBA Georgia State University.
34 years in business. Detective agency and 2 investment companies.
One of my companies invests in land and has not made a sale IN 5 YEARS.
So tell me oh wise one, how do I invest in a capital investment NOT KNOWING WHAT THE CAPITAL GAINS RATE WILL BE IN 5 YEARS?
How much investment in capital investments Chris if the capital gains DOUBLES under the Obama plan?
This ain't rocket science Moe. I played 4 quarters against the best. This shit is easy.

 

[Chris]

 

[Chris]

Apparently you do not. And we're not interested in your resume.
NO one who thinks the way you do could possibly be good at anything that makes money.
You're too busy looking at giving it all away to government.
Instead of chiding others, just write a check.

Sorry.

Letting the idle rich pay taxes at a 17% clip is bad for our society.

That's why Buffett and Gates spoke out about it.

I guess you know more about business than Warren Buffett.

And 47% pay ZERO , if we are going to equally distribute wealth, lets equally distribute tax burdens, no more free rides, surely they could pay at least 2 or 3% to help support the USA........

.

Half of Americans pay no taxes? This is the Big Republican Lie.

81% of Americans pay federal taxes including payroll taxes for Medicare and Social Security and income taxes. In addition they also pay state taxes, sales taxes and property taxes.

Of the 19% who pay no federal taxes 96% are elderly on fixed incomes or working families who make less than 20K a year.

What kind of political party attacks the elderly and the working poor?.....the Republican Party.

 

[GoneBezerk]

There are also ideas and products that never get produced since people don't know how to get it supported or investors overlook it.

You're just an idiot. Rich people usually try to invest their money in popular ideas and goods, which in turn gets that product to the consumer. Nobody in the 80s was sitting there asking their phone company for an IPhone, but once it was invented and supported by investors....it is everywhere today.

Idiots like you want to punish investors in the next IPhone to pay for your socialist utopia while you hoard your own money like a typical liberal asshole. Pay for your own utopia.

If Bill Gates owned everything, then there would be a black market under his nose. People would buy and sell goods through trade.

An idea like Facebook doesn't get anywhere unless some rich people invest money in the product to get it marketed, built and sold to idiots like you.

If all the money in the country was in the hands of one person, who would buy microsoft products?

Actually ideas that people invest in get nowhere all the time.

Why?

Because there is no demand.

 

[Chris]

Demand will promote investment as long as the tax consequences are known and low.
Why invest in a business with unknown profits due to high capital gains taxes when I can invest in Costa Rica eco tourism at 15% return?
Americans are dumb asses. They know nothing about money or economics.

I majored in business, made A's in accounting and economics, and I have a successful business.

I know a lot more about this than you do.

BBA UGA, MBA Georgia State University.
34 years in business. Detective agency and 2 investment companies.
One of my companies invests in land and has not made a sale IN 5 YEARS.
So tell me oh wise one, how do I invest in a capital investment NOT KNOWING WHAT THE CAPITAL GAINS RATE WILL BE IN 5 YEARS?
How much investment in capital investments Chris if the capital gains DOUBLES under the Obama plan?
This ain't rocket science Moe. I played 4 quarters against the best. This shit is easy.

So you feel passionate about it because the lower the capital gains tax, the more money YOU make.

Selfish Republican.

 

[Gadawg73]

The Bush tax cuts for the wealthiest five percent of Americans cost the U.S. Treasury $11.6 million every hour, according to the National Priorities Project. Between 2001 and the current projected end of the Bush tax cut extension, tax cuts for the wealthiest 5 percent will cost the U.S. Treasury $1.184 trillion. If extended through 2021 as gop lawmakers propose, the total cost will exceed $3.2 trillion.

Chris, raise the tax rate all you want.
What do the wealthy do with their $$$?
Invest IT ALL over seas and here in TAX FREE MUNICIPAL BONDS.
Chris, let me appeal to your reason and common sense.
Ever heard of THE TAX CODE?
Change it and the tax revenues will come in.
Keep it the same and the wealthy will always find a way to invest their dollars in tax free investments.
And the economy will suffer.
Eliminate all capital gains taxes.

 

[Chris]

There are also ideas and products that never get produced since people don't know how to get it supported or investors overlook it.

You're just an idiot. Rich people usually try to invest their money in popular ideas and goods, which in turn gets that product to the consumer. Nobody in the 80s was sitting there asking their phone company for an IPhone, but once it was invented and supported by investors....it is everywhere today.

Idiots like you want to punish investors in the next IPhone to pay for your socialist utopia while you hoard your own money like a typical liberal asshole. Pay for your own utopia.

If Bill Gates owned everything, then there would be a black market under his nose. People would buy and sell goods through trade.

An idea like Facebook doesn't get anywhere unless some rich people invest money in the product to get it marketed, built and sold to idiots like you.

Actually ideas that people invest in get nowhere all the time.

Why?

Because there is no demand.

So why not eliminate all taxes for anyone making over a million dollars a year?

 

[Gadawg73]

I majored in business, made A's in accounting and economics, and I have a successful business.

I know a lot more about this than you do.

BBA UGA, MBA Georgia State University.
34 years in business. Detective agency and 2 investment companies.
One of my companies invests in land and has not made a sale IN 5 YEARS.
So tell me oh wise one, how do I invest in a capital investment NOT KNOWING WHAT THE CAPITAL GAINS RATE WILL BE IN 5 YEARS?
How much investment in capital investments Chris if the capital gains DOUBLES under the Obama plan?
This ain't rocket science Moe. I played 4 quarters against the best. This shit is easy.

So you feel passionate about it because the lower the capital gains tax, the more money YOU make.

Selfish Republican.

So you lose $$ every year and are not selfish?
You are a hypocrit Chris. You make as much $$ as you can also and lie about it and will not admit it.
Hypocrit.

 

[Chris]

The Bush tax cuts for the wealthiest five percent of Americans cost the U.S. Treasury $11.6 million every hour, according to the National Priorities Project. Between 2001 and the current projected end of the Bush tax cut extension, tax cuts for the wealthiest 5 percent will cost the U.S. Treasury $1.184 trillion. If extended through 2021 as gop lawmakers propose, the total cost will exceed $3.2 trillion.

Chris, raise the tax rate all you want.
What do the wealthy do with their $$$?
Invest IT ALL over seas and here in TAX FREE MUNICIPAL BONDS.
Chris, let me appeal to your reason and common sense.
Ever heard of THE TAX CODE?
Change it and the tax revenues will come in.
Keep it the same and the wealthy will always find a way to invest their dollars in tax free investments.
And the economy will suffer.
Eliminate all capital gains taxes.

The low capital gains tax rate encourages speculation and capital flight, not investment.

How did that speculation thing work out in 2008?

 

[Chris]

 

[Chris]

 

[Gremlin-USA]

Sorry.

Letting the idle rich pay taxes at a 17% clip is bad for our society.

That's why Buffett and Gates spoke out about it.

I guess you know more about business than Warren Buffett.

And 47% pay ZERO , if we are going to equally distribute wealth, lets equally distribute tax burdens, no more free rides, surely they could pay at least 2 or 3% to help support the USA........

.

Half of Americans pay no taxes? This is the Big Republican Lie.

81% of Americans pay federal taxes including payroll taxes for Medicare and Social Security and income taxes. In addition they also pay state taxes, sales taxes and property taxes.

Of the 19% who pay no federal taxes 96% are elderly on fixed incomes or working families who make less than 20K a year.

What kind of political party attacks the elderly and the working poor?.....the Republican Party.

Really, all these are wrong?

47% of households owe no tax - and their ranks are growing - Sep. 30, 2009

http://www.usatoday.com/money/perfi/taxes/2010-04-07-income-taxes_N.htm

TPC Tax Topics | Who Doesn't Pay Federal Taxes?

I guess I should have said Federal Income Tax, yes the pay Local and sate along with FICA, etc

.

 

[GoneBezerk]

You clearly don't have a clue between income taxes and capital gains taxes.

Not all rich people invest their money, many NBA idiots put their money in cars, whores and gold teeth only to be bankrupt in 5 years.

Someone like Romney invested his money and made millions but you want to treat him like some NBA thug with gold "teef" and $10K left in the bank.

There are also ideas and products that never get produced since people don't know how to get it supported or investors overlook it.

You're just an idiot. Rich people usually try to invest their money in popular ideas and goods, which in turn gets that product to the consumer. Nobody in the 80s was sitting there asking their phone company for an IPhone, but once it was invented and supported by investors....it is everywhere today.

Idiots like you want to punish investors in the next IPhone to pay for your socialist utopia while you hoard your own money like a typical liberal asshole. Pay for your own utopia.

Actually ideas that people invest in get nowhere all the time.

Why?

Because there is no demand.

So why not eliminate all taxes for anyone making over a million dollars a year?