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Old 11-12-2013, 10:37 AM
 
Location: Barrington
63,917 posts, read 47,031,184 times
Reputation: 20676

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Quote:
Originally Posted by PullMyFinger View Post
The sad thing is they are allowed to buy influence in government with their money, that is why the 1% are the worst terrorists in the world.
The War of the Billionaires.....

Koch backing the tea party barely disguised Libertarian values which favor Koch Industries....

Bloomberg backing anyone who advocates to eliminate smoking and/or obesity.

Murdoch backing the tea party because it's good for Fox News.

Sheldon Adelson backing GOP Super Pac's cause he needs a big favor from the DOJ.

.
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Old 11-12-2013, 10:37 AM
 
Location: USA
13,255 posts, read 12,189,580 times
Reputation: 4228
Quote:
Originally Posted by Kramer68 View Post
This is a tough call for me. While I think that income inequality at this extent is bad for the economy, I'm not sure redistribution is the best solution, especially if it comes from the government increasing taxes on the rich so that they can increase subsidies for the poor.
There's other ways the government can fix the issue. One would be providing tax incentives for companies who invest in their employees.


I believe we need to be innovative in our policy decisions. You don't have to "confiscate" wealth, but you can do things to promote a healthier economy.
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Old 11-12-2013, 10:41 AM
 
Location: Barrington
63,917 posts, read 47,031,184 times
Reputation: 20676
Quote:
Originally Posted by Kramer68 View Post
This is a tough call for me. While I think that income inequality at this extent is bad for the economy, I'm not sure redistribution is the best solution, especially if it comes from the government increasing taxes on the rich so that they can increase subsidies for the poor.
What if the theoretical tax increase were to benefit middle class earners who does not qualify for EITC ?
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Old 11-12-2013, 10:42 AM
 
7,279 posts, read 11,023,637 times
Reputation: 11497
Quote:
Originally Posted by DJboutit View Post
How Unequal We Are: The Top 5 Facts You Should Know About The Wealthiest One Percent Of Americans | ThinkProgress



This needs to change and some people do not see this as a problem . This right here is why republicans should never have a majority of any every again if they do they will own 60% to 70% of the wealth and US will be a third world country
Yes, the answer is to take away from those who have it and give to those that do not.

How about this instead? Strive to get to the 1%, you might not make it but the closer you get the more you have. If everyone strived to be part of the 1%, while there would always be a 1% those not in the 1% would be doing much better.

I bet that never occurred to you. The only one holding you down from being in the 1% or better than you are is you. Blaming others is the easy way out.
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Old 11-12-2013, 11:24 AM
 
Location: Long Island, NY
19,792 posts, read 14,024,390 times
Reputation: 5661
Quote:
Originally Posted by Isee-you View Post
So you think I need people who keep voting for politicians to confiscate more of my money? And I need them why???
Because they are your customers. Keep the income of your customers low and they can't afford what you sell.
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Old 11-12-2013, 11:34 AM
 
Location: Long Island, NY
19,792 posts, read 14,024,390 times
Reputation: 5661
Quote:
Originally Posted by Mack Knife View Post
Yes, the answer is to take away from those who have it and give to those that do not.

How about this instead? Strive to get to the 1%, you might not make it but the closer you get the more you have. If everyone strived to be part of the 1%, while there would always be a 1% those not in the 1% would be doing much better.

I bet that never occurred to you. The only one holding you down from being in the 1% or better than you are is you. Blaming others is the easy way out.
Strive? In what way? Workers are already increasing productivity. They just don't get to reap what they sow.

Chart:
http://www.tcf.org/assets/images/blo...obs-report.png
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Old 11-12-2013, 11:35 AM
 
Location: USA
13,255 posts, read 12,189,580 times
Reputation: 4228
Quote:
Originally Posted by Mack Knife View Post
Yes, the answer is to take away from those who have it and give to those that do not.

How about this instead? Strive to get to the 1%, you might not make it but the closer you get the more you have. If everyone strived to be part of the 1%, while there would always be a 1% those not in the 1% would be doing much better.

I bet that never occurred to you. The only one holding you down from being in the 1% or better than you are is you. Blaming others is the easy way out.
That doesn't make a lot of sense. Especially in a market with scarcity (number of jobs available, number of jobs that pay in the 1%).


Let's face it, a vast majority of the population are not entrepreneurs and are paid based on market factors rather than some "perceived" worth or metric. Even as an entrepreneur, there is only so much available in any particular market and while you may not have a salary cap, you do have a limited market to capture.


The issue is much deeper than people simply not "working hard enough".
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Old 11-12-2013, 11:36 AM
 
Location: USA
13,255 posts, read 12,189,580 times
Reputation: 4228
Quote:
Originally Posted by MTAtech View Post
Because they are your customers. Keep the income of your customers low and they can't afford what you sell.
He/she is not in the business community I'm guessing. Just spouting.
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Old 11-12-2013, 11:42 AM
 
Location: Illinois
827 posts, read 1,093,651 times
Reputation: 1281
Quote:
Originally Posted by Gtownoe View Post
He/she is not in the business community I'm guessing. Just spouting.
Just like you and your Occupy diarrhea.
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Old 11-12-2013, 11:42 AM
 
Location: Just over the horizon
18,491 posts, read 7,174,432 times
Reputation: 11757
Quote:
Originally Posted by DJboutit View Post
How Unequal We Are: The Top 5 Facts You Should Know About The Wealthiest One Percent Of Americans | ThinkProgress



This needs to change and some people do not see this as a problem . This right here is why republicans should never have a majority of any every again if they do they will own 60% to 70% of the wealth and US will be a third world country
So, you think there should be a limit on how much and individual is allowed to earn?

The Conservative solution to this:
Make it easier for people to get rich.

The Liberal solution to this:
Make it easier for people to stay poor.
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