It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

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

page: 7
11
<< 4  5  6   >>

log in

join
share:
Xenogears

posted on Jul, 11 2018 @ 09:52 PM
link   

originally posted by: Dfairlite
a reply to: Xenogears

So basically you want a communist utopia. Complete with eugenics and a permanent underclass? Interesting.


If you reduce the population over time, eventually everyone can live in high class off of investments from the automated labor.



Xenogears

posted on Jul, 11 2018 @ 09:54 PM
link   

originally posted by: subfab
a reply to: infolurker

what never seems to be addressed is personal accountability.
there is no situation where you can not work your way to a comfortable life. not everyone will be millionaires. i know i will never be one. but i can work, save, and through fiscal conservative planning have a nice life.

giving money to people is not a reasonable answer.


It depends on your age and expected lifespan. A few decades of compound growth in the stock market and you get 30-40x multiplication of initial investment, even quite a minor investment becomes a significant fortune given time.



 
11
<< 4  5  6   >>

log in

join


The Above Top Secret Web site is a wholly owned social content community of The Above Network, LLC.

This content community relies on user-generated content from our member contributors. The opinions of our members are not those of site ownership who maintains strict editorial agnosticism and simply provides a collaborative venue for free expression.

All content copyright 2018, The Above Network, LLC.