In the last year, the ten richest men in America are 698 billion dollars richer

[gipper]

You keep screaming beggars nonsense at the sky but you can’t tell us how one mans “BENEFITS” affect your earning potential or quality of life….why are you struggling to articulate something you seem so passionate about?
Tell us how the $22 TRILLION we’ve invested in you bottom feeders has worked out for us?

America Wastes $22 Trillion In War On Poverty

The Census Bureau's annual report on poverty, released Tuesday, is noteworthy because this year marks the 50th anniversary of President Lyndon Johnson's launch of the War on Poverty. Liberals claim... Read More

www.investors.com

How do you beggars come up with this lunacy? You honestly believe your Father Government should spend more time nudging degenerates along instead of putting effort into what they know offers an ROi….job creators and America’s most productive citizens?
Just more Twilight Zone shit from you purple hair wackos…You retards think you can build a great basketball team with midgets…hahaha

Zincwarrior
Luckyone

You’re not informed. You’re a dupe of the establishment.

You keep screaming like a little ***** about something you’ve made up.

 

[citygator]

We get it already, you want to take money from people who earn it, and redistribute it to people who do not

Without a military to defend their country they wouldnt have that money. That is their fair share. Its not redistributed. Its paying the countries bills. Poverty support is part of the countries bills too.

 

[Frankenstein]

Without a military to defend their country they wouldnt have that money. That is their fair share. Its not redistributed. Its paying the countries bills. Poverty support is part of the countries bills too.

No one person should pay a higher percentage tan the next. Poverty help sure, not generational welfare

 

[citygator]

No one person should pay a higher percentage tan the next

You made that up. If the country fails. Poor people lose nothing. Rich people lose trillions. That value is why graduated rates are moral and actually the definition of capitalism. You pay more for more value. You can charge higher rates to people who will lose more.

 

[Concerned American]

$1 billion dollars is enough to have 252 people live in luxury for 100 years, without having to work one second.

As such, Billionaire(s) can feed themselves and their entire family for their entire lifetimes and still give away money by the bucketful to a lot of people without giving anything away that they (or their family) will ever need.

Here is another way to understand how much money $1 billion is.

AI Overview

The amount of money needed for a family of 10 to live comfortably for their entire lives varies significantly based on location, but studies suggest a yearly income of at least $250,000 to over $400,000 in high-cost areas is needed for a family of four, so for a larger family. This "comfort" is often defined using the 50/30/20 rule, meaning 50% for needs, 30% for wants, and 20% for savings and debt repayment.

Let me do the math for you. If you have a family of 100 people (father, mother, aunts and uncles, nieces and nephews, grandchildren and even great-grandchildren, you could feed all of them (and have them live in luxury) for 100 years at a cost of $4 billion dollars.

Do you actually want to defend these people, as far as their ability and rights to earn even more than that? You would not want/expect that $4 billion is enough to live all your life without working one day and at the same time feeding your entire family (and have them live in luxury) for their entire lives?

Can't these Billionaires give whatever extra above $4 billion dollars (Musk is close to $1 TRILLION) they make, to help the nation (instead of helping themselves)?

I can remember a discussion along these lines in 1971 but it was 'could you ever spend a million dollars.' We came to the conclusion that you could not. LOL, doesn't seem too reasonable today.

 

[Frankenstein]

You made that up. If the country fails. Poor people lose nothing. Rich people lose trillions. That value is why graduated rates are moral and actually the definition of capitalism. You pay more for more value. You can charge higher rates to people who will lose more.

Made what up? No one citizen,should be required to pay a higher percentage than any other citizen, and the Rich would still be paying more money, because they earn more

 

[gipper]

Made what up? No one citizen,should be required to pay a higher percentage than any other citizen, and the Rich would still be paying more money, because they earn more

Buffet mentioned years ago he pays less as a percentage than his secretary, thanks to a tax code designed by the super wealthy.

 

[Papageorgio]

The ten richest men in America became nearly 700 billion dollars richer in the last year. In the meantime, the GOP and Trump have shut down the AID program, literally taking food out of the mouths of starving children. And here in the states they want to eliminate the SNAP program, take healthcare programs away from low income people, and charge the rest of us more. Just so next year those ten and other very wealthy can gain even more than $700 billion. Wages stagnant, major layoffs happening, and food prices going up, and it looks like they will go up even more rapidly in the coming months. Already in the off year elections, we are seeing people reacting to what they are seeing the GOP and Trump doing to their lives.

MSN

What is the solution because under Obama and then Biden, were the two largest transfers of wealth to the rich in us history. It seems neither party is about middle class America, just the rich.

 

[Soupnazi630]

The argument is that very high marginal rates on billionaires, which we saw in the 50's/60's led to growth and innovation and lower deficits. We dont need billionaires to have low marginal tax rates so that they can continue to get wealthier and wealthier. It adds no value for them to have all that money when it was better utilized when taxed.

Your crazy leap to genocide of billionaires is.. well.. crazy.

No it is not it is logical

you just backpedaled on your argument which was originally why do WE need them

There is no WE

Billionaires have the right to their property same as anyone else

 

[BrokeLoser]

You’re not informed. You’re a dupe of the establishment.

You keep screaming like a little ***** about something you’ve made up.

Yeah, the “INFORMED” people are the ones begging for free shit like my 16 year old entitled niece does.

 

[Soupnazi630]

You’re not informed. You’re a dupe of the establishment.

You keep screaming like a little ***** about something you’ve made up.

Neither are you

And you are just a plain dupe

everything you post is made up

You are proven the biggest liar on this forum

 

[Concerned American]

No it is not it is logical

you just backpedaled on your argument which was originally why do WE need them

There is no WE

Billionaires have the right to their property same as anyone else

Amusing that these people vilify the billionaires while they spend money on Amazon, using their Windows computers to access Google in between their Facebook posts only to break away long enough to go to McDonalds in their Teslas. LMAO

 

[gipper]

Yeah, the “INFORMED” people are the ones begging for free shit like my 16 year old entitled niece does.

Dumb again.

No one is begging for free stuff. Stop posting for the elite. They aren’t your friends no matter how much groveling you do.

You’re uninformed.

STOP WATCHING FOX NEWS 24/7.

 

[gipper]

Neither are you

And you are just a plain dupe

everything you post is made up

You are proven the biggest liar on this forum

Lol. Says the guy who thinks Oswald shot JFK and acted entirely alone.

LMFAO!

 

[sartre play]

I’ve asked a thousand purple hair nose-ringing beggars to explain this degenerates theory to me and NONE have ever been able to do that.
Here, give it a try…
Question:
What does my wealthier neighbors net worth, effective tax rate and quality of life have to do with mine and how do his earnings, tax rate and quality of life have anything to do with my earning potential, my tax rate and my quality of life?
I’ve noticed beggars pretend they believe there is a predetermined amount of cash out there that we are all fighting for…Are they pretending?

We are not individual islands.
IF your state or county doesn't have the money to support a Good police
A good fire department.
a good water service.
a good roads or highway department.
And so much more.... SO YES What others do, can effects us all.

 

[sartre play]

$1 billion dollars is enough to have 252 people live in luxury for 100 years, without having to work one second.

As such, Billionaire(s) can feed themselves and their entire family for their entire lifetimes and still give away money by the bucketful to a lot of people without giving anything away that they (or their family) will ever need.

Here is another way to understand how much money $1 billion is.

AI Overview

The amount of money needed for a family of 10 to live comfortably for their entire lives varies significantly based on location, but studies suggest a yearly income of at least $250,000 to over $400,000 in high-cost areas is needed for a family of four, so for a larger family. This "comfort" is often defined using the 50/30/20 rule, meaning 50% for needs, 30% for wants, and 20% for savings and debt repayment.

Let me do the math for you. If you have a family of 100 people (father, mother, aunts and uncles, nieces and nephews, grandchildren and even great-grandchildren, you could feed all of them (and have them live in luxury) for 100 years at a cost of $4 billion dollars.

Do you actually want to defend these people, as far as their ability and rights to earn even more than that? You would not want/expect that $4 billion is enough to live all your life without working one day and at the same time feeding your entire family (and have them live in luxury) for their entire lives?

Can't these Billionaires give whatever extra above $4 billion dollars (Musk is close to $1 TRILLION) they make, to help the nation (instead of helping themselves)?

Interesting thought.

 

[sartre play]

Amusing that these people vilify the billionaires while they spend money on Amazon, using their Windows computers to access Google in between their Facebook posts only to break away long enough to go to McDonalds in their Teslas. LMAO

We do None of these things except use computer.
Its getting harder now but we buy from stores, Stores hire people to work, and help customers
keeping community's interacting with their neighbors.
What we see now is a population who can not go for more than 5 min with out checking their phones.

 

[citygator]

No it is not it is logical

you just backpedaled on your argument which was originally why do WE need them

There is no WE

Billionaires have the right to their property same as anyone else

I didnt backpedal. My point is there is no community value generated for having billionaires swimming in billions and there is more community value in taxing them for societal benefit. We used to tax them a bunch, not anymore and society is as inequitable as it every has been. High tax rates is how you minimize the wealth consolidation into the billionaires.

They get lots of value from the community without which they would be foraging for food in the wild.

 

[Toddsterpatriot]

That’s not enough. Shrinking something unlawful and corrupt, doesn’t solve the problem.

Growing it doesn't solve the problem.

 

[Toddsterpatriot]

The argument is that very high marginal rates on billionaires, which we saw in the 50's/60's led to growth and innovation and lower deficits. We dont need billionaires to have low marginal tax rates so that they can continue to get wealthier and wealthier. It adds no value for them to have all that money when it was better utilized when taxed.

Your crazy leap to genocide of billionaires is.. well.. crazy.

The argument is that very high marginal rates on billionaires, which we saw in the 50's/60's led to growth and innovation

That's a stupid argument.

It adds no value for them to have all that money when it was better utilized when taxed.

LOL!

Yeah, the federal government is famous for adding value.
Look at all they added when they started loaning hundreds of billions for college.