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The Top 500 Richest Americans Hold More Wealth Than The Bottom 150 Million Do

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posted on Aug, 19 2011 @ 07:06 PM
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Originally posted by defcon5
The following is my opinion as a member participating in this discussion.


reply to post by beezzer
 


Actually no its not, it belongs the the US tax payers, unless your a believer in those bogus tax dodger laws. If your taxes were yours it would be optional to pay, and believe me, regardless of what you might have read on the internet, its not.

Additionally, businesses have even LESS right to argue over their tax money as they are gains and corporate profits, rather then an income tax. Capital gains and Corporate Profits are both expressly mentioned as being taxable income in the 16th Amendment.

As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.


Di'....did... did you just actually type: "the money people earn belongs to you and the Govt"?.
I literally" have no words." my jaw is hanging agape.... You are a U.S. citizen(?) or are you?

We are not"subject to a crown" (apologies to our quiet polite neighbors to the north)( "not that there's anything wrong with that"). Except we fought and won a war so as not to be subject to the whims of a soverign!.


Thats right "you're the guy"who believes Tax breaks passed congress with the idea they would stimulate the economy came with aset of stipulations:" ahkay We're allowing you to keep more of your own money but you better spend it"correctly"!! Or else!"...It was insane when Hillary said it out loud in the 90's: " We can't give you a "taxbreak"; you wouldn't spend it correctly!"And it's insane now.
edit on 19-8-2011 by 46ACE because: (no reason given)

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edit on 19-8-2011 by 46ACE because: (no reason given)




posted on Aug, 19 2011 @ 07:11 PM
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reply to post by beezzer
 





Your animosity is poorly directed. You blame those that benefit from tax laws and not the people who write them. If I were in a position where I could save a few(million) bucks in tax "loopholes" I'd be a fool not to.


Those who write them are those who benefit from them, politicians are just mouth pieces. They don't actually do anything but what they are told to do and payed to do by those who benefit from writing the laws.




It is MY money. It is not yours. It isnot the governments. I earned it. I worked for it.


Um Ok what is you point? Keep your money, I dont think anybody wants it.




Cry me a river about all those wealthy people who won't give their money away voluntarily. Don't blame successful people because they are successful.

You mean successful at whining and ripping off idiots, is that it.

Oh man you still don't get it no one is arguing about any real successful people, there all arguing about the parasites who life off others backs such as all those who got money to be bailed out because they failed at something so simple as there job. Let me spell it out for you...They are a bunch of losers who should be fired.

What we have here is idiots on top and idiots on the bottom and most are to clueless to know what is going on.

But yes I would not call them successful, I would call them failures and some of them are just parasites.

And no one gives there money away voluntarily most especially rich people, but were not arguing about that now are we, or have you not noticed that yet. Which rock do you live under?

You know what your verry interesting, you remind me of a one trick pony's, or one of those bugs or little fish that is always under the sharks belly just waiting for the scraps to fall there way every-time the shark feeds.



posted on Aug, 19 2011 @ 07:17 PM
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Originally posted by kellynap43
reply to post by DZAG Wright
 


Yea, you’re right. The fact I grew up in the 70's in Biloxi, MS eating rice and beans every meal with a shack for shelter, and then now, living in Des Moines, IA in a three bedroom house with my wife and kid means I never was on the front lines. (Sarcasm) I've been there, and went from rags to middle class. Through hard work and sacrifice. I will never have my own private plane or yaht, but Im fine with that. Im happy. I couldnt have asked God for more. He has supplied me with everything I needed. I failed at times, but I got back up and tried again, and never blamed anybody buy myself, and for that I’m a better person. More responsible and harder working. My biggest fear in life is failure. I never never never want a hand out or to fail. How people can take handouts and accept failure is beyond me. It’s sickening to think of.

Two roads diverged in a wood, and
I took the one less traveled by,
And that has made all the difference Robert Frost

edit on 19-8-2011 by kellynap43 because: (no reason given)


All that you said just proves that you have no clue what the hell your talking about. This has nothing to do with hard work, everybody and there uncle works hard, this is about scams and failures dressed as success. We need to get rid of all these losers, so we can all argue and do something more productive.



posted on Aug, 19 2011 @ 07:40 PM
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reply to post by blocula
 

Ah but that is the point of charity, you give where your heart and conscious dictate, not where you are told to dictate to it.

Consider this: Most of the philintrophic organizations, are strictly non profit organizations, yet they manage to keep going year after year. The next time you visit a library, or any other public venue which is asking for donations, you may want to see who all donates to them to make it possible for others to enjoy for year after year.

Many of the very institutions that we so enjoy and take for granted, would not be possible if it were not for foundations and generous grants given by the wealthy. Even the Smithsonian, that was from one of the wealthies persons in the country at the time. Museums and even the very research centers like St. Judes, all get the money from donations, both private and public.



posted on Aug, 19 2011 @ 08:34 PM
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The following is my opinion as a member participating in this discussion.



Originally posted by 46ACE
Di'....did... did you just actually type: "the money people earn belongs to you and the Govt"?.
I literally" have no words." my jaw is hanging agape.... You are a U.S. citizen(?) or are you?

DON’T try playing word twisting games with me, or you’ll end up on the losing end…

What was said in context, as you WELL know, is that your TAXES belong to the US Government and therefore the US public. That is true, you owe them taxes for the public services they provide.


Originally posted by 46ACE
We are not"subject to a crown" (apologies to our quiet polite neighbors to the north)( "not that there's anything wrong with that"). Except we fought and won a war so as not to be subject to the whims of a soverign!.

EXACTLY…
Today the new crown is the elite who wish to enslave the population by driving down working standards and incomes to Third World standards whilst simultaneously lining their own greedy pockets.

As I stated in another post, those who follow history can draw very strong parallels between our time and both the time before the US Revolutionary War, and the French Revolution.


Originally posted by 46ACE
Thats right "you're the guy"who believes Tax breaks passed congress with the idea they would stimulate the economy came with aset of stipulations:

The Theory of Trickle Down Economics does come with a set of stipulations, if those stipulations are not met the Theory is shown to be a failure and needs to be removed as our current economic policy.



"Trickle-down economics" and "the trickle-down theory" are pejorative terms[citation needed] that refer to the policy of providing across the board tax cuts or benefits to businesses, such as tax breaks, in the belief that this will indirectly benefit the broad population. The term has been attributed to humorist Will Rogers, who said during the Great Depression that "money was all appropriated for the top in hopes that it would trickle down to the needy."

Either way you want to state it, it equals the same thing… The rich were given a chance to make “trickle down economics” work, but got greedy and kept the profits for themselves. Now that Economic Theory needs to be repealed, and the taxes on the Rich and their companies increased back to the market adjusted value of the Pre-Trickle Down Economics rates.


Originally posted by 46ACE
" ahkay We're allowing you to keep more of your own money but you better spend it"correctly"!! Or else!"...It was insane when Hillary said it out loud in the 90's: " We can't give you a "taxbreak"; you wouldn't spend it correctly!"And it's insane now.

Its not simply a matter of “they did not spend it correctly” it’s a matter of their greed makes the policy unworkable, and therefore in need of repeal.



As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.



posted on Aug, 19 2011 @ 09:07 PM
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The government does nothing more then taking from one person to give to another.

I suggest less taxes for everyone, and less dependence on the government to look after you. I know what to do with MY money.


People, this isn't a revenue problem - the cause is corporations own politicians - therefore dictate policy. Get rid of that and perhaps the government can regulate without a bias viewpoint.
edit on 19-8-2011 by MidnightTide because: (no reason given)



posted on Aug, 19 2011 @ 09:29 PM
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Originally posted by blocula
remember...the carrot in front of the horse? its all about perception,not reality...everythings fine as long as that horse keeps dragging the heavy cart around and thinks with every step that it will get to the carrot.but the horse has been too far misled and too long lied to,brainwashed with empty promises and trained by false hopes to ever understand that its never gonna reach that carrot,but it just keeps on dragging that heavy load around till the day it dies....
^^^ this is how the 150,000,000 janes and joes have to live every damn day...



posted on Aug, 19 2011 @ 09:35 PM
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Originally posted by SprocketUK
I do fail to see how you Yanks can be so proud of your millionaires that you fail to see how rotten it is when you have girls turning to stripping to pay for their education.

I'd also like to point out that such rampant inequality fuels delinquency, teen pregnancy and drug use among the have nots. This all costs a bomb in taxes to pay for policing, welfare, social education etc. And its not the super rich who will pay, is it? Cos they avoid meaningful taxation, instead leaving the average Joe or Jane to pick up the tab. [/quote/] stripping for $$$ "and drugs" is only the beginning...then its off to sunny southern california for even bigger $$$ and even more drugs in the legalized sex slave market of the porno empire...when in rome...



posted on Aug, 19 2011 @ 09:37 PM
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The following is my opinion as a member participating in this discussion.




Originally posted by MidnightTide
I suggest less taxes for everyone, and less dependence on the government to look after you. I know what to do with MY money.

Normally, being a conservative, I would agree with you. However, there is something new going on here. The rich corporation owners have started looting the system as never before in history. One of their current targets is the American middle class worker. The reason that unemployment is at an all time high is not because of the government, nor because of the economy, with many corporations posting all time profits. What is in fact being done is that unemployment is being artificially inflated to cause fear in the remaining workforce, thereby allowing companies to take unfair advantage of workers. By making people fear for their jobs by laying off large numbers of employees, these companies are now getting away with forcing their remaining workforce to do more work, while at the same time often cutting both salaries and benefits using this economy as an excuse, then raking in record returns.


Originally posted by MidnightTide
The government does nothing more then taking from one person to give to another.

When the one being taken from is also the one causing the damage, aren’t they responsible for paying back for some of that damage?

If I, for example, negligently wrecked your car, am I not liable to pay you for the damages?

Well these companies, in a bid to lower the amount of overhead they pay for labor, are causing hyperinflation of the unemployment benefits that are having to be paid by the rest of the working middle class. Also, many of these corporations increase the burden on social services by not offering medical benefits, and not paying fair wages that allow their employees to get medical insurance without aid from our social service system.

As an example, I posted somewhere around page 5 that Wal-Mart costs the US roughly $1,778,510,250.00 annually in social services that we taxpayers foot the bill on for their employees healthcare, because Wal-Mart is too cheap to pay for medical benefits or pay fair wages for their employees. Why should any company be allowed to take advantage of our social service system as though its part of their personal profit, then also take additional tax breaks on top of that?

Should they not have to pay for what social services they cost the US taxpayer

As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.


edit on 8/19/2011 by defcon5 because: (no reason given)



posted on Aug, 19 2011 @ 09:48 PM
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posted on Aug, 20 2011 @ 11:45 AM
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Originally posted by defcon5
The following is my opinion as a member participating in this discussion.



Originally posted by 46ACE
Di'....did... did you just actually type: "the money people earn belongs to you and the Govt"?.
I literally" have no words." my jaw is hanging agape.... You are a U.S. citizen(?) or are you?

DON’T try playing word twisting games with me, or you’ll end up on the losing end…

Threat? Think so? Ban me; you'd be doing me a favor.I'd get more done without arguing with"your type".

Originally posted by defcon5

What was said in context, as you WELL know, is that your TAXES belong to the US Government and therefore the US public. That is true, you owe them taxes for the public services they provide.


"TAXES"=a claim upon a portion of my earned property. No "word twisting" involved. I'd sooner cut both hands off in an industrial press accident than fill my checkbook so you can reach in to extract what you claim is your "birthright". I'd just stop producing.

There is currently an expanding movement among frugal people living on the margins making enough income to live; but still be under the legal tax radar on purpose. A form of legal tax protest. My money is wasted on ridiculous programs;farmed out to fat cats for payback by the electorate.

Originally posted by defcon5

Originally posted by 46ACE
We are not"subject to a crown" (apologies to our quiet polite neighbors to the north)( "not that there's anything wrong with that"). Except we fought and won a war so as not to be subject to the whims of a soverign!.

EXACTLY…
Today the new crown is the elite who wish to enslave the population by driving down working standards and incomes to Third World standards whilst simultaneously lining their own greedy pockets.

As I stated in another post, those who follow history can draw very strong parallels between our time and both the time before the US Revolutionary War, and the French Revolution.


Originally posted by 46ACE
Thats right "you're the guy"who believes Tax breaks passed congress with the idea they would stimulate the economy came with aset of stipulations:

The Theory of Trickle Down Economics does come with a set of stipulations, if those stipulations are not met the Theory is shown to be a failure and needs to be removed as our current economic policy.



"Trickle-down economics" and "the trickle-down theory" are pejorative terms[citation needed] that refer to the policy of providing across the board tax cuts or benefits to businesses, such as tax breaks, in the belief that this will indirectly benefit the broad population. The term has been attributed to humorist Will Rogers, who said during the Great Depression that "money was all appropriated for the top in hopes that it would trickle down to the needy."

Either way you want to state it, it equals the same thing… The rich were given a chance to make “trickle down economics” work, but got greedy and kept the profits for themselves. Now that Economic Theory needs to be repealed, and the taxes on the Rich and their companies increased back to the market adjusted value of the Pre-Trickle Down Economics rates.


Originally posted by defcon5

"The theory of "trickle down tax cuts does come with stipulations":


The "THEORY" May be "based on the idea of "positively affecting the economy" ( as most tax code "adjustments" are). But I don't believe "intentions"are ever "codified" ( written) into the resulting law. .

We are a nation of laws. vague laws are dangerous subject to interpretation and ineffective.

Coming back years after passage with:

" I" er "We" didn't mean if you paid less in taxes you could still use it how you saw fit!!!!" Doesn't "wash":

Why; If that principle WERE valid: Why don't you raise taxes to %100 and credit 75% then you could direct the spending of the the entire account?
After all You are generously "letting them keep" 75% that is rightly yours? Yeah; talk to me about "revolutions"

threre'd be more than boxes of tea bobbing in the potomac ( I know the original 'teaparty raid was in Boston harbor; don't waste your time).

The govt does not"OWN" that levied money no matter the tax levy.

Originally posted by defcon5

Originally posted by 46ACE
" ahkay We're allowing you to keep more of your own money but you better spend it"correctly"!! Or else!"...It was insane when Hillary said it out loud in the 90's: " We can't give you a "taxbreak"; you wouldn't spend it correctly!"And it's insane now.

Its not simply a matter of “they did not spend it correctly” it’s a matter of their greed makes the policy unworkable, and therefore in need of repeal.


So what's:"greed"? legislatively? How do you quantify "Greed"?
Is it "greedy" for me to have a whole sandwich when then next citizen has half a sandwich?





As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.


edit on 20-8-2011 by 46ACE because: (no reason given)

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posted on Aug, 20 2011 @ 11:55 AM
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Originally posted by Thunderheart
At one time, Bill Gates and a few of the other 500 were part of the 150 million. You too can be part of the top 500, just invent something that the world desperately needs and patent it.
Instead of hating them how about you learn how to become one of them?


well, let's see...come from a upper middle-class backround, go to a exclusive prep school, score 1590 out of 1600 on your SAT's, get into harvard, and then "invent something"....sounds simple enough for anybody to achieve.



posted on Aug, 20 2011 @ 12:10 PM
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Originally posted by jimmyx

Originally posted by Thunderheart
At one time, Bill Gates and a few of the other 500 were part of the 150 million. You too can be part of the top 500, just invent something that the world desperately needs and patent it.
Instead of hating them how about you learn how to become one of them?


well, let's see...come from a upper middle-class backround, go to a exclusive prep school, score 1590 out of 1600 on your SAT's, get into harvard, and then "invent something"....sounds simple enough for anybody to achieve.
He wasborn smart, motivated and had a solid family:

He took those "advantages"; did the work; accomplished the unlikely ( the uncommon) "So lets'penalize the arrogant "bastid""so nobody tries that crap again.
"grey--hey-heyy-ha-te"
All you whiners see are obstacles ,not opportunities. So if you try and only make 6 million (instead of Gates' billions) I guess that proves the system is a failure ?Imean whathe hell1,2 or 6million a year,;hardly worth getting out of bed for!!.

"Sad"

You'll never get one step farther along than where you are short of putting a gun to some old ladies face and stealing her purse.
edit on 20-8-2011 by 46ACE because: (no reason given)

edit on 20-8-2011 by 46ACE because: (no reason given)

edit on 20-8-2011 by 46ACE because: (no reason given)



posted on Aug, 20 2011 @ 10:20 PM
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Originally posted by defcon5
The following is my opinion as a member participating in this discussion.




Originally posted by MidnightTide
I suggest less taxes for everyone, and less dependence on the government to look after you. I know what to do with MY money.

Normally, being a conservative, I would agree with you. However, there is something new going on here. The rich corporation owners have started looting the system as never before in history. One of their current targets is the American middle class worker. The reason that unemployment is at an all time high is not because of the government, nor because of the economy, with many corporations posting all time profits. What is in fact being done is that unemployment is being artificially inflated to cause fear in the remaining workforce, thereby allowing companies to take unfair advantage of workers. By making people fear for their jobs by laying off large numbers of employees, these companies are now getting away with forcing their remaining workforce to do more work, while at the same time often cutting both salaries and benefits using this economy as an excuse, then raking in record returns.


Originally posted by MidnightTide
The government does nothing more then taking from one person to give to another.

When the one being taken from is also the one causing the damage, aren’t they responsible for paying back for some of that damage?

If I, for example, negligently wrecked your car, am I not liable to pay you for the damages?

Well these companies, in a bid to lower the amount of overhead they pay for labor, are causing hyperinflation of the unemployment benefits that are having to be paid by the rest of the working middle class. Also, many of these corporations increase the burden on social services by not offering medical benefits, and not paying fair wages that allow their employees to get medical insurance without aid from our social service system.

As an example, I posted somewhere around page 5 that Wal-Mart costs the US roughly $1,778,510,250.00 annually in social services that we taxpayers foot the bill on for their employees healthcare, because Wal-Mart is too cheap to pay for medical benefits or pay fair wages for their employees. Why should any company be allowed to take advantage of our social service system as though its part of their personal profit, then also take additional tax breaks on top of that?

Should they not have to pay for what social services they cost the US taxpayer

As an ATS Staff Member, I will not moderate in threads such as this where I have participated as a member.


edit on 8/19/2011 by defcon5 because: (no reason given)
you are correct...the recession is a lie and a scare tactic >>> www.globalresearch.ca...



posted on Oct, 16 2011 @ 10:18 AM
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This thread that i started and the sad facts that it contains, are the very reasons why there have been marches, uprisings and revolutions happening all over the world recently and even right now...

Just like the russian revolution, that eliminated the romanov dynasty.That had ruled russia with an iron fist and controlled most of the wealth, for 304 years, only on an even larger and more profound scale...

And the United States has been a country for only 228 years.The marches and uprisings there now,are a continuation of those that began in the 1960's...
edit on 16-10-2011 by blocula because: (no reason given)



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