3 People (Bill Gates, Jeff Bezos & Warren Buffett) are richer than the poorest 50% of Americans

[EvilEyeFleegle]

It isn't theirs

They cheated on taxes by using loop holes and offshoring. They're CHEATING! Look at the Paradise papers to realize that this is true!
They cheated their workers out of what they earned through their hard work by making 985%, while the workers haven't gotten shit. Is this fair? NO.
They jacked up prices on their product for Americans, while other countries can get the same product for 1/10th as much.
They used slave and serf labor in the third world to make so much profit. They use abusive and shitty quality of work environment.

Come on Kat.

They did it with zero to begin with??? Have to have it to make it.

No..No they didn't..most inherited it..or at the very least..had 'seed' money..a few million, LoL...to back their play.

I like your idea though..start from zero. Or at least, just a few zeroes.

Cap inheritances at 10 million--the rest goes back into the pile..for the next generation.

 

[theHawk]

Their wealth isn’t based on income from an employer. They built their empires and created things that people buy or use.

Just because half the country is content with being bottom feeders doesn’t mean the people actually doing stuff should be penalized for it.

Built or inherited.

Many who inherited couldn't manage a McDonald's.

So what? That doesn’t make their money your money.

 

[Indeependent]

Success brought about by bribing Congress.
Bill Gates is in a class of scum of his own.

Bill Gates was apolitical until he started seeing what his accountants and other people were telling him. That he needed his own lobbyists to protect his interests.

How many high paying jobs and millionaires has the work of Bill Gates and his original partners created? How much have all those people paid in income taxes alone?

How much of the money you "should have" is in the pocket of Bill Gates and why?

Bill Gates initiated every lawsuit he was slapped with. He stole and copyrighted everything except for his original Quick Basic. He even stole Visual Basic.

So, I just wanna be clear here. You're saying he's a criminal, and you may be right. But I get the impression that's really not important to your argument. I'm betting that even if there were rock solid proof that he was innocent, you'd still be peeved about him having that much money. Am I right?

He's not a criminal; I never stated such.
Lying is not a crime.
His lying has caused millions of Americans to lose their careers, including those who developed the software that made him a billionaire.
He simply controls American Economic Policy.
Anyone who idolizes him is either ignorant of his methods or a sociopathic scumbag like him.

 

[Soupnazi630]

3 Richest Americans Now Own More Wealth Than Bottom Half of US Combined
Wednesday, November 08, 2017
by Common Dreams

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

"The elite ranks of our billionaire class continue to pull apart from the rest of us," a new Institute for Policy study analysis finds
by Jake Johnson, staff writer

In the United States, the 400 richest individuals now own more wealth than the bottom 64 percent of the population and the three richest own more wealth than the bottom 50 percent, while pervasive poverty means one in five households have zero or negative net worth.

snip

"The wealthiest 25 individuals in the United States today own $1 trillion in combined assets," the report notes. "These 25, a group equivalent to the active roster of a major league baseball team, hold more wealth than the bottom 56 percent of the U.S. population combined, 178 million people."'

snip

In order to get a broader sense of the size of the chasm between rich and poor in the U.S., Collins and Hoxie place the net worth of the top one percent and the bottom one percent side by side.

"The wealthiest 25 individuals in the United States today hold more wealth than the bottom 56 percent of the U.S. population combined, 178 million people." "All combined, households in the bottom one percent have a combined negative net worth of $196 billion," the report finds. "For comparison, the top one percent, a category holding the exact same number of people, have positive $33.4 trillion in combined net worth."

<more>

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

It is time to close the loopholes, increase their income tax and even the fucking playing field. That my friends is the right thing to do.

Whenever this issue comes up the obvious question which no one can answer is so what?
How does it hurt you if someone makes more money than you?

If you make enough to pay your bills and support yourself and your family what does it matter?

These wealthy people did not take their money from others they made their wealth and earned their money so why should they be punished?

Especially since most of their wealth is invested which provides endless jobs and opportunities for others?

Other than some emotional sentiment how is it the right thing to do to raise ANYONE"S taxes?

It doesn't hurt me

But why are we offering them more tax breaks when they obviously don't need it?

Because any tax break for anyone is a good thing.

You still did not answer why is it just the right thing to do to take more of their money?

 

[Soupnazi630]

It isn't theirs

They cheated on taxes by using loop holes and offshoring. They're CHEATING! Look at the Paradise papers to realize that this is true!
They cheated their workers out of what they earned through their hard work by making 985%, while the workers haven't gotten shit. Is this fair? NO.
They jacked up prices on their product for Americans, while other countries can get the same product for 1/10th as much.
They used slave and serf labor in the third world to make so much profit. They use abusive and shitty quality of work environment.

Come on Kat.

They did it with zero to begin with??? Have to have it to make it.

No..No they didn't..most inherited it..or at the very least..had 'seed' money..a few million, LoL...to back their play.

I like your idea though..start from zero. Or at least, just a few zeroes.

Cap inheritances at 10 million--the rest goes back into the pile..for the next generation.

Sorry that hassince been proven false.

The majority of wealthy people made or earned their wealth.

 

[martybegan]

We need to go back to 1950's level taxes on the fucking rich!

That is the right thing to do to rebuild our economy along with strong Unions for our workers.

The progressive slogan should be "GIMMIE GIMMIE GIMMIE"

 

[Remodeling Maidiac]

3 Richest Americans Now Own More Wealth Than Bottom Half of US Combined
Wednesday, November 08, 2017
by Common Dreams

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

"The elite ranks of our billionaire class continue to pull apart from the rest of us," a new Institute for Policy study analysis finds
by Jake Johnson, staff writer

In the United States, the 400 richest individuals now own more wealth than the bottom 64 percent of the population and the three richest own more wealth than the bottom 50 percent, while pervasive poverty means one in five households have zero or negative net worth.

snip

"The wealthiest 25 individuals in the United States today own $1 trillion in combined assets," the report notes. "These 25, a group equivalent to the active roster of a major league baseball team, hold more wealth than the bottom 56 percent of the U.S. population combined, 178 million people."'

snip

In order to get a broader sense of the size of the chasm between rich and poor in the U.S., Collins and Hoxie place the net worth of the top one percent and the bottom one percent side by side.

"The wealthiest 25 individuals in the United States today hold more wealth than the bottom 56 percent of the U.S. population combined, 178 million people." "All combined, households in the bottom one percent have a combined negative net worth of $196 billion," the report finds. "For comparison, the top one percent, a category holding the exact same number of people, have positive $33.4 trillion in combined net worth."

<more>

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

It is time to close the loopholes, increase their income tax and even the fucking playing field. That my friends is the right thing to do.

Your envy & jealousy is now a fair topic for the politics forum?

 

[rightwinger]

We need to go back to 1950's level taxes on the fucking rich!

That is the right thing to do to rebuild our economy along with strong Unions for our workers.

The progressive slogan should be "GIMMIE GIMMIE GIMMIE"

We used to have more money for infrastructure, education, science

But since our wealthiest taxpayers have put us on an austerity budget we are scraping to get by

 

[rightwinger]

3 Richest Americans Now Own More Wealth Than Bottom Half of US Combined
Wednesday, November 08, 2017
by Common Dreams

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

"The elite ranks of our billionaire class continue to pull apart from the rest of us," a new Institute for Policy study analysis finds
by Jake Johnson, staff writer

In the United States, the 400 richest individuals now own more wealth than the bottom 64 percent of the population and the three richest own more wealth than the bottom 50 percent, while pervasive poverty means one in five households have zero or negative net worth.

snip

"The wealthiest 25 individuals in the United States today own $1 trillion in combined assets," the report notes. "These 25, a group equivalent to the active roster of a major league baseball team, hold more wealth than the bottom 56 percent of the U.S. population combined, 178 million people."'

snip

In order to get a broader sense of the size of the chasm between rich and poor in the U.S., Collins and Hoxie place the net worth of the top one percent and the bottom one percent side by side.

"The wealthiest 25 individuals in the United States today hold more wealth than the bottom 56 percent of the U.S. population combined, 178 million people." "All combined, households in the bottom one percent have a combined negative net worth of $196 billion," the report finds. "For comparison, the top one percent, a category holding the exact same number of people, have positive $33.4 trillion in combined net worth."

<more>

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

It is time to close the loopholes, increase their income tax and even the fucking playing field. That my friends is the right thing to do.

Whenever this issue comes up the obvious question which no one can answer is so what?
How does it hurt you if someone makes more money than you?

If you make enough to pay your bills and support yourself and your family what does it matter?

These wealthy people did not take their money from others they made their wealth and earned their money so why should they be punished?

Especially since most of their wealth is invested which provides endless jobs and opportunities for others?

Other than some emotional sentiment how is it the right thing to do to raise ANYONE"S taxes?

It doesn't hurt me

But why are we offering them more tax breaks when they obviously don't need it?

Because any tax break for anyone is a good thing.

You still did not answer why is it just the right thing to do to take more of their money?

Why?

Because we are a society. We achieve more as a group than we do as a bunch of individuals
We have sold out to supply side economics and have less to show for it as a society

 

[Vandalshandle]

I have noticed over the last 70 years or so that there are no poor televangelists and politicians. Had I noticed that in my formative years, I would have been a very rich man today. I would not have made any difference which occupation I had chosen. They are both the same.

 

[martybegan]

We need to go back to 1950's level taxes on the fucking rich!

That is the right thing to do to rebuild our economy along with strong Unions for our workers.

The progressive slogan should be "GIMMIE GIMMIE GIMMIE"

We used to have more money for infrastructure, education, science

But since our wealthiest taxpayers have put us on an austerity budget we are scraping to get by

Or we spend too much on studying lesbian nazi hookers abducted by aliens and forced into weight loss clinics.

That and paying for governments who didn't invest properly in pensions 40 years ago up until today.

 

[Vandalshandle]

None of this matters, because money is just an illusion. How else could the GOP tax reform bill that would add another $1.5 trillion to the deficit be explained?

And, since it is only an illusion, don't worry about the fact that the DOW just dropped over 200 points this morning.

 

[rightwinger]

We need to go back to 1950's level taxes on the fucking rich!

That is the right thing to do to rebuild our economy along with strong Unions for our workers.

The progressive slogan should be "GIMMIE GIMMIE GIMMIE"

We used to have more money for infrastructure, education, science

But since our wealthiest taxpayers have put us on an austerity budget we are scraping to get by

Or we spend too much on studying lesbian nazi hookers abducted by aliens and forced into weight loss clinics.

That and paying for governments who didn't invest properly in pensions 40 years ago up until today.

We have let our wealthy off the hook for contributing to our society

We have all paid a price

 

[martybegan]

We need to go back to 1950's level taxes on the fucking rich!

That is the right thing to do to rebuild our economy along with strong Unions for our workers.

The progressive slogan should be "GIMMIE GIMMIE GIMMIE"

We used to have more money for infrastructure, education, science

But since our wealthiest taxpayers have put us on an austerity budget we are scraping to get by

Or we spend too much on studying lesbian nazi hookers abducted by aliens and forced into weight loss clinics.

That and paying for governments who didn't invest properly in pensions 40 years ago up until today.

We have let our wealthy off the hook for contributing to our society

We have all paid a price

When you use the government gun to get their $$ it's not contributing.

 

[Wyatt earp]

3 Richest Americans Now Own More Wealth Than Bottom Half of US Combined
Wednesday, November 08, 2017
by Common Dreams

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

"The elite ranks of our billionaire class continue to pull apart from the rest of us," a new Institute for Policy study analysis finds
by Jake Johnson, staff writer

In the United States, the 400 richest individuals now own more wealth than the bottom 64 percent of the population and the three richest own more wealth than the bottom 50 percent, while pervasive poverty means one in five households have zero or negative net worth.

snip

"The wealthiest 25 individuals in the United States today own $1 trillion in combined assets," the report notes. "These 25, a group equivalent to the active roster of a major league baseball team, hold more wealth than the bottom 56 percent of the U.S. population combined, 178 million people."'

snip

In order to get a broader sense of the size of the chasm between rich and poor in the U.S., Collins and Hoxie place the net worth of the top one percent and the bottom one percent side by side.

"The wealthiest 25 individuals in the United States today hold more wealth than the bottom 56 percent of the U.S. population combined, 178 million people." "All combined, households in the bottom one percent have a combined negative net worth of $196 billion," the report finds. "For comparison, the top one percent, a category holding the exact same number of people, have positive $33.4 trillion in combined net worth."

<more>

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

It is time to close the loopholes, increase their income tax and even the fucking playing field. That my friends is the right thing to do.

You just close one loop hole , 10 more open up

 

[Mr Natural]

Back in the day when America was great, the wealthy coughed up as much as 90 percent of their income.

 

[rightwinger]

We need to go back to 1950's level taxes on the fucking rich!

That is the right thing to do to rebuild our economy along with strong Unions for our workers.

The progressive slogan should be "GIMMIE GIMMIE GIMMIE"

We used to have more money for infrastructure, education, science

But since our wealthiest taxpayers have put us on an austerity budget we are scraping to get by

Or we spend too much on studying lesbian nazi hookers abducted by aliens and forced into weight loss clinics.

That and paying for governments who didn't invest properly in pensions 40 years ago up until today.

We have let our wealthy off the hook for contributing to our society

We have all paid a price

When you use the government gun to get their $$ it's not contributing.

I've never seen anyone pay taxes at gunpoint

 

[martybegan]

The progressive slogan should be "GIMMIE GIMMIE GIMMIE"

We used to have more money for infrastructure, education, science

But since our wealthiest taxpayers have put us on an austerity budget we are scraping to get by

Or we spend too much on studying lesbian nazi hookers abducted by aliens and forced into weight loss clinics.

That and paying for governments who didn't invest properly in pensions 40 years ago up until today.

We have let our wealthy off the hook for contributing to our society

We have all paid a price

When you use the government gun to get their $$ it's not contributing.

I've never seen anyone pay taxes at gunpoint

Everyone hates a literalist.

 

[rightwinger]

In the 1980s we sold our souls to Supply Side Economics
All tax cuts pay for themselves, put money in the hands of our job creators and watch the economy boom, a rising tide lifts all boats

What do we have to show for it?

Prior to the 1980s, our tax structure won WWII, built the interstate highway system, put a man on the moon

What has our nation accomplished since we sold out to supply side?

 

[KissMy]

3 Richest Americans Now Own More Wealth Than Bottom Half of US Combined
Wednesday, November 08, 2017
by Common Dreams

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

"The elite ranks of our billionaire class continue to pull apart from the rest of us," a new Institute for Policy study analysis finds
by Jake Johnson, staff writer

In the United States, the 400 richest individuals now own more wealth than the bottom 64 percent of the population and the three richest own more wealth than the bottom 50 percent, while pervasive poverty means one in five households have zero or negative net worth.

snip

"The wealthiest 25 individuals in the United States today own $1 trillion in combined assets," the report notes. "These 25, a group equivalent to the active roster of a major league baseball team, hold more wealth than the bottom 56 percent of the U.S. population combined, 178 million people."'

snip

In order to get a broader sense of the size of the chasm between rich and poor in the U.S., Collins and Hoxie place the net worth of the top one percent and the bottom one percent side by side.

"The wealthiest 25 individuals in the United States today hold more wealth than the bottom 56 percent of the U.S. population combined, 178 million people." "All combined, households in the bottom one percent have a combined negative net worth of $196 billion," the report finds. "For comparison, the top one percent, a category holding the exact same number of people, have positive $33.4 trillion in combined net worth."

<more>

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

It is time to close the loopholes, increase their income tax and even the fucking playing field. That my friends is the right thing to do.

One of these people could afford to buy all the crops grown in this country & force us all to comply with his demands or he will starve us all to death. This is because we coddled them with government destroying workers unions, taxing workers, holding wages down, printing money to subsidize & give tax breaks for the rich. You Serfs enjoy being rules over.