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Tax the rich (Your 401k) at 50% to give $500-a-month free cash and fix income inequality

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posted on Jul, 6 2018 @ 05:50 PM
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a reply to: Lab4Us

It is wage control within their economy.

The total $ amount doesn't matter.

In the NBA Lebron James brings in far more revenue to the league than to the 12th man on the bench. The best players could easily demand a larger slice of the pie. But they agree to wage control as to benifit the entire league over the individual.

Even though the monies are less the same principles can work in any industry.


edit on 6-7-2018 by Isurrender73 because: (no reason given)




posted on Jul, 6 2018 @ 05:55 PM
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a reply to: face23785

So taking taxes from one group to pay another group actually helps the econmy?

Then why don't we raise taxes and spend even more on the military? Surely the ecomy will get even better?



posted on Jul, 6 2018 @ 05:57 PM
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originally posted by: carewemust
Jesus: "the poor will always be with you. Accept it."


No where in the bible does it say you will always have the hungry and homeless. Tithes were supposed to take care of the poor.
edit on 6-7-2018 by Isurrender73 because: (no reason given)



posted on Jul, 6 2018 @ 06:06 PM
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originally posted by: IgnoranceIsntBlisss
a reply to: face23785

I show you a graph, you call it fake, yet offer no evidence and no counter example that "isnt fake". How well the money is or is not spent is irrelevant. The fact is "we" spend waaaaaaaaaaaay more than anyone else, and its the war machine itself creating the enemies and wars it "needs to" go fight every other year.

The graph said a bit over 50% for the war machine. And this year it was $1.3trillion "omnibus", $0.7trillion of which went to the war machine. Now if you have a graph showing more spending on medicare whatever than on the war machine then lets see it. Otherwise its you sporting the fake news.



I actually did offer evidence, in the links in my post. They contain all the data you're demanding, showing you obviously didn't read any of it. It explains precisely how the pie-chart you posted is fake. It's not technically fake, it's just misleading. It gives people the impression over 50% of the US federal budget is spent on the military. That's 100% verifiably false, and fully explained in the information I linked.

My first post, which you also obviously didn't read or didn't understand, explains why the second pie-chart you posted is also misleading and irrelevant.

Read. Read. Read. You can learn, all you have to do is read. Information which contradicts your chosen (false) narrative has been presented to you. It's up to you whether to read it, or force yourself to remain ignorant. I usually find myself in agreement with you on a lot of topics, but on this one you've been badly misinformed. Please embrace the truth. Just read. That's all I ask. If you need more, DM me.
edit on 6 7 18 by face23785 because: (no reason given)



posted on Jul, 6 2018 @ 06:09 PM
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a reply to: infolurker

Imagine if we paid social security into our own 401ks.



posted on Jul, 6 2018 @ 06:10 PM
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a reply to: Gothmog

Since we have a 401(K), yes, I know what they are. They're what we're already paying taxes on and depending on to provide for us in retirement, but sure! Let's tax me and mine to death again at 50% on the money we set aside to support us in retirement after taxes now (why after tax? because we didn't want to be taxed on it later on).



posted on Jul, 6 2018 @ 06:16 PM
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a reply to: face23785

Spare me the juju economics.

The math is simple:

The $1.3 trillion omnibus offers the most significant increase in defense funding in the past 15 years, including a pay hike for personnel.

House Speaker Paul Ryan and other Republicans have touted the bill as a win for the U.S. military. Appearing on "Fox & Friends" Thursday morning, Ryan called the spending plan the "Trump-Jim Mattis budget," referring to the secretary of Defense.

"Obama shortchanged our military, this fixes us," Ryan said. "This is the Trump-Jim Mattis budget for the military. That's probably the biggest victory here is what we are doing for our soldiers, sailors, our airmen, our marines, and veterans."

The Department of Defense is set to gain $61 billion more than last year's enacted funding for a top line of $700 billion. www.cnbc.com...


That's over 50%. its mathematically impossible for anything else to cost more than something that is over 50%.


And that doesnt even include veterans benefit methinks. And the foreign policy costs a lot more than the overt Pentagon Budget + Veterans Benefits pricetags.



posted on Jul, 6 2018 @ 06:16 PM
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originally posted by: IgnoranceIsntBlisss
How about stop paying towards a trillion per year to the war machine and use that money to fix stuff?

Oh, yeah, they're imperialists too.



Get the socialists to spend more on their own defense and we might be able to.



posted on Jul, 6 2018 @ 06:27 PM
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originally posted by: Isurrender73
a reply to: xBWOMPx

Most of the people that got there are good spokesman. They are sophist who are good at motivating others. Or they inherited their wealth.

Those who worked hard still only managed to become wealthy becaue they belong to a robust society. One in which they are completely replaceable. The system that generated the wealth is not replaceable but the individual is.

Even those who invented are simply the recipients of bringing an idea to the world, many times an idea that was generated long before the product could be brought to the table.

Microsoft, the personal computer wasn't even the idea of Bill Gates. He simply ran with others ideas. He was merely lucky enough to be the one who brought the idea to market.

But as great as an idea may be, ideas don't bring products to the market. Workers bring products to the market.

Whether it be hard work, bringing an idea to market or inherited wealth all of these people get the most out of being part of a robust society and economy that they played no part in building.

It is those at the top who have the most to lose. It is those at the top that stand the most to gain from maintaining the society.

You can keep advocating that they get to keep their money. But history suggest that Elitism always ends in Socialism, or rather the false pretence of Socialism, which is really Facism at best Communism at worst.



That's not entirely true, there are those born into wealth and there are many who work hard, most just dont want to work hard. My dad and his friend had an idea back in the early 90's started a business and made $2.4 million the first year, it was running great for a few years until Hillary's insurance law she wanted to pass that never did pass, he lost it then. Bill gates did not create DOS, that is correct, he was just great at marketing and saw potential in it, he went from nothing to billionaire, he wasn't born into it. I have an old friend in KC I haven't talk to in years but he owned a self service car wash, lawn care service and pressure washing business (he cleaned gum off the side walks of walmarts and walgreens) Anyways, he worked his a*ss off, he had a few million dollars stashed away but you would have never known, he drove old cars, his kids were not spoiled and he said his kids wont know he has it until he dies, he wants them to learn the value of hard work, losing everything from neglect and rebuilding, you know, the things that make you a good person and a thankful person, I havent talk to him since I went to Iraq in KC because he said if I went he wanted to give me $1 million dollars after I get back for serving, I honestly dont know how sincere he was but I couldn't take that kind of money from anyone for no reason, I moved to wichita and haven't talk to him after I got home in 2007. He introduced me to a man that owned a chain of McDonalds in KCMO, he said his first one he worked 60+ hours a week just to pay off the loan then he bought a 2nd, then a 3rd. he said after the 3rd one was paid off he actually made enough to hire someone to cover him and opened a couple more, took years but he is now a millionaire, I worked for a guy in seattle in 2015-2016, sheet rocker, he started off on his own, now he is F'ing loaded but he still busted his a*ss along side of his employees at over 50 years of age. He sheet rocked new 5-8 story apartment buildings, coolest most generous boss I have ever had, He was not born into wealth. Anyway, there are people all day long that make that kind of money, they just dont talk about it, it's not really anybody's business. My wife and I plan to open a food truck in the next 5 years, the average good food trucks make $20K a month where im at, that's $240K a year, IDK if i'll ever get there, but i'll sure as hell try!



posted on Jul, 6 2018 @ 06:34 PM
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Helping lower class citizens MIGHT actually solve a lot of problems....people will be able to afford healthier foods or a gym membership, be able to shop more at local businesses where they could not before, and reduce crime by giving people another reason to stay out of the crime business and keep clean. Crime costs taxpayers millions, possibly almost billions. Tax payers also lose out on a lot of money when it comes to health. People with more money also spend more money which would stimulate the economy in a sense. I am not am expert by any means, but a lot of you should look outside the box and see the benefits rather than the negative sides...which I completely understand.



posted on Jul, 6 2018 @ 06:41 PM
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a reply to: Gothmog

leave my capital gains alone . I worked my ass off to put money away for the future . I paid taxes on it when it was earned . How much of my money do you want .



posted on Jul, 6 2018 @ 06:45 PM
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originally posted by: IgnoranceIsntBlisss
a reply to: face23785

Spare me the juju economics.

The math is simple:

The $1.3 trillion omnibus offers the most significant increase in defense funding in the past 15 years, including a pay hike for personnel.

House Speaker Paul Ryan and other Republicans have touted the bill as a win for the U.S. military. Appearing on "Fox & Friends" Thursday morning, Ryan called the spending plan the "Trump-Jim Mattis budget," referring to the secretary of Defense.

"Obama shortchanged our military, this fixes us," Ryan said. "This is the Trump-Jim Mattis budget for the military. That's probably the biggest victory here is what we are doing for our soldiers, sailors, our airmen, our marines, and veterans."

The Department of Defense is set to gain $61 billion more than last year's enacted funding for a top line of $700 billion. www.cnbc.com...


That's over 50%. its mathematically impossible for anything else to cost more than something that is over 50%.


And that doesnt even include veterans benefit methinks. And the foreign policy costs a lot more than the overt Pentagon Budget + Veterans Benefits pricetags.


That math is really simple, you're just not using the right numbers. $1.3T isn't the whole US federal budget. See your DMs. The whole US federal budget is over $4T. $761B is not over 50% of that. That pie chart you posted only shows discretionary spending, which isn't the whole budget. Military spending accounts for less than 20% of the US federal budget, even if you include VA spending.

For anyone who wants to read.

I'm done here. (for real this time, I just can't let disinformation go unchallenged)
edit on 6 7 18 by face23785 because: (no reason given)



posted on Jul, 6 2018 @ 06:51 PM
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a reply to: CriticalStinker




posted on Jul, 6 2018 @ 06:54 PM
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originally posted by: 10uoutlaw
a reply to: Gothmog

leave my capital gains alone . I worked my ass off to put money away for the future . I paid taxes on it when it was earned . How much of my money do you want .


All of it....

If you are living on anything besides what the government is giving you with social security then you are rich and need to give it up.



posted on Jul, 6 2018 @ 07:02 PM
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a reply to: Isurrender73

Yeah, let's run our economy based on the NFL.




posted on Jul, 6 2018 @ 07:27 PM
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What's this have to do with my 401k? The average 401k balance is $50k unless you're either A) making way, way more than average salary or B) dumping a ton of your income into your 401k.



posted on Jul, 6 2018 @ 07:31 PM
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Where is this nonsense that people who make 250,000 and up do no work coming from?? I do not make that much, but am well into the mid 100's. I busted my arse to get this degree. Had a full time job doing research in the Immunology Lab and went to school on the weekend, every weekend for 3 damn years. Anyone who would say I didnt earn it, or have an easy job can go F themselves.


edit on pm77201818America/Chicago06p07pm by annoyedpharmacist because: (no reason given)



posted on Jul, 6 2018 @ 07:59 PM
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a reply to: annoyedpharmacist

I think its in reference to lawyers and their kind.


a reply to: face23785

How is veterans benefits "discretionary" spending?



posted on Jul, 6 2018 @ 08:58 PM
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originally posted by: Vector99
a reply to: Isurrender73



A doctor's starting salary is around $250-300k.


Per week.
edit on 6-7-2018 by TruthJava because: (no reason given)



posted on Jul, 6 2018 @ 09:46 PM
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originally posted by: Isurrender73
a reply to: xBWOMPx

Whether it be hard work, bringing an idea to market or inherited wealth all of these people get the most out of being part of a robust society and economy that they played no part in building.



So how did someone who worked hard or brought an idea or invention to market not benefit that society in some way? Because in your example of Bill Gates, where would you be without your easy to utilize operating system? Would your job exist at all? What other forms of entertainment (believe me posting online is entertainment) would you then have to utilize? Would you say those people do nothing to build society as well?

I'm sorry, but that has to be one of the most contradictory sentences I've ever had the misfortune of reading during my time on this site.



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