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originally posted by: Edumakated
a reply to: DanDanDat
Many do care. You have no idea how much money people give away to various causes.
Look around your community. Hospitals. Parks. Universities. Schools. Shelters. Museums. All funded by wealthy philanthropist and other benefactors.
Bill Gates has made hundreds of thousands of millionaires. Has employed hundreds of thousands of people. He is worth $100 billion because he created a company that is damn near worth $1 trillion.
originally posted by: DanDanDat
originally posted by: Edumakated
a reply to: DanDanDat
Many do care. You have no idea how much money people give away to various causes.
Look around your community. Hospitals. Parks. Universities. Schools. Shelters. Museums. All funded by wealthy philanthropist and other benefactors.
Bill Gates has made hundreds of thousands of millionaires. Has employed hundreds of thousands of people. He is worth $100 billion because he created a company that is damn near worth $1 trillion.
Clearly not enough or people like Warren wouldn't have such a hold over others.
originally posted by: Edumakated
originally posted by: MisterSpock
a reply to: Edumakated
Tim does a pretty good job in his videos. I don't agree with him on everything(actually more like 50 percent of the time) but he's genuine from what I can tell and FARRRRR more of a journalist than anyone on television.
I'll plug another guy that I think most people who follow tim would like(i've been seeing a lot more people putting tim's videos up).
Andrew, over at Don't Walk, Run!, usually does a fantastic job of putting forth the work(hard data, facts, logic) when he does a video. His videos on yangs rambling UBI nonsense are scathing. Makes me wonder how yang could even manage to balance a checkbook.
I don't agree with 100% either. Hell, I don't agree with anyone 100% of the time. However, he seems to be pretty genuine and fact based. I argue the facts, not the messenger...
originally posted by: Edumakated
originally posted by: DanDanDat
originally posted by: Edumakated
a reply to: DanDanDat
Many do care. You have no idea how much money people give away to various causes.
Look around your community. Hospitals. Parks. Universities. Schools. Shelters. Museums. All funded by wealthy philanthropist and other benefactors.
Bill Gates has made hundreds of thousands of millionaires. Has employed hundreds of thousands of people. He is worth $100 billion because he created a company that is damn near worth $1 trillion.
Clearly not enough or people like Warren wouldn't have such a hold over others.
Warren's popularity just shows a large percentage of the voting populace is stupid and misinformed, nothing more....
originally posted by: TheAlleghenyGentleman
a reply to: shawmanfromny
I say tax those rich pr*cks. I would rather tax them and if they hid their money in shell accounts I think we as a nation would find out which of the rich wasn’t playing fair. I’m the wrong person to ask anyway because I’m convinced the game is rigged and the poor and designed to stay at the bottom regardless of what any politician preaches.
originally posted by: ketsuko
originally posted by: TheAlleghenyGentleman
a reply to: shawmanfromny
I say tax those rich pr*cks. I would rather tax them and if they hid their money in shell accounts I think we as a nation would find out which of the rich wasn’t playing fair. I’m the wrong person to ask anyway because I’m convinced the game is rigged and the poor and designed to stay at the bottom regardless of what any politician preaches.
You're an idiot. It won't be the ones you envy who get taxed. It will be your own retirement savings.
We work hard take our taxed income and put a percentage into a savings investment account. We do it after taxes so that eventually that money will come to us relatively tax free when we're old.
The type of tax Warren wants will hit that money someday after we're too old to go out and earn more easily. It will do the same to millions of other otherwise middle class folks like ourselves who are busy doing the same so that someday, we'll have some money to live on in old age.
That's the sort of money and funds that are called "wealth" and that's where the last great untaxed money lies, and the stinking politicians know it. They rely on idiots like yourself hating people like Gates enough to fall for it so they can come for your last safe dollars.
originally posted by: TheAlleghenyGentleman
a reply to: ketsuko
Oooooohh. Idiot!!!!
Anyway....The wealth tax is targeting about 80,000 individuals across the US.
I think tax avoidance and evasion would be a problem under Warrens plan. I don’t think all the wealth should be distributed to a select few. So then we would have an exit tax. And the cat and mouse taxing games would continue as the ultra rich bob and weave as the government sputters.
What we probably need is a progressive tax system to tax people on what they can pay. So progressive tax for, wealth, estate and income.
And...... tag! You’re an idiot!
originally posted by: pexx421
And another thing to keep in mind. For most in those “tax brackets” only a small percent of their annual earned monies come from “income”. The vast majority of their annual accrual comes from that “wealth” they are talking about taxing.
originally posted by: TheAlleghenyGentleman
a reply to: Edumakated
Your argument is that trickle down economics works?
Warren buffet has said numerous times that T.D.E. has only made the ultra rich wealthier.
From the man himself.
"Between the first computation in 1982 and today, the wealth of the 400 increased 29-fold — from $93 billion to $2.7 trillion — while many millions of hardworking citizens remained stuck on an economic treadmill. During this period, the tsunami of wealth didn't trickle down. It surged upward."