With only around 500 billionaires in the country

[Jantje_Smit]

...For those who do have a true love for money, why should I hate them for that? Money is what makes them happy, and everybody in a free country like ours deserves the ability to find their happiness. When people find their happiness (whatever that may be) I celebrate their success in life.

I agree with that, just as long as they pay a lot of taxes on the money they love so much so the more unfortunate ones in society can have some happiness too

 

[danielpalos]

what is so difficult to understand about capital based morality under our form of capitalism? only socialists make those mistakes.

 

[Ray From Cleveland]

...For those who do have a true love for money, why should I hate them for that? Money is what makes them happy, and everybody in a free country like ours deserves the ability to find their happiness. When people find their happiness (whatever that may be) I celebrate their success in life.

I agree with that, just as long as they pay a lot of taxes on the money they love so much so the more unfortunate ones in society can have some happiness too

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

 

[Brain357]

You know, if you on the left were just as obsessed about getting rich as you are of those who are already rich, you just might have a happier life.

I guess that's the difference of mentality between conservatives and liberals. We conservatives see a successful person, we want to emulate them. We look up to them and their success. We wish we were more like them.

Guy, I was more right wing than you were up until 2008 or so. then one of your beloved rich people decided to **** me over because I had the bad luck to hae medical issues. **** the rich and their greed.

The left? When the left sees a successful person, they loath them. They want them brought down, they want them punished, they look at our wealthy as the problem instead of the solution.

The wealthy ARE the problem. Were you not paying attention in 2008 when they wrecked the economy with their greed? Did you not notice all the closed factories because of their greed. It was totally on the news, not sure how you missed it.

What a terrible way to go through life; letting the fortunes of others ruin yours. As for myself, I'm not worried what other people are doing, I'm more concerned about what I'm doing or going to do. Why should I focus on them? It won't do me any good. I'll certainly never get ahead that way. I would sooner study them; their success; their climb to the top; their decision making......

I have studied their success, it's mostly built on ******* over other people to make themselves richer.

We had our greatest prosperity when the rich paid confiscatory tax rates and the workforce was heavily unionized.

Well that's what caused them to leave and take our jobs with them. It took a number of years, but it happened and is still happening to a lesser degree.

I lost my healthcare coverage thanks to Obama and Commie Care. Now I have to pay for my healthcare with after-tax money whereas before, it was a benefit out of the hands of government. Now it's a major expense I have to endure and it's much harder to make ends meet.

I've seen many businesses close down. We've lost a lot of customers that way. They don't leave out of greed, they leave because they cannot compete for customers with enormous expenses like unions, taxations and regulations. I've talked to the managers and even business owners of these places. They dreaded the thought of leaving the state or country. But it was either that, or join their employees in the unemployment line. Their foreign competition was killing them.

The housing bubble and crisis did not start on Wall Street, it started with government. Government was so hell bent on putting minorities into their own homes that they lowered bank standards and even pressured some to give out bad loans. It was government that put their stamp of approval on those bad securities that caused the collapse. What choice did they have? You have to do something with all these bad loans, and nobody would buy those loans if they knew they were bad.

Had government stayed out of the home loan industry, it would have remained solid. It's true that a lot of people would have been left out of the loop, particularly minorities, but trying to appease people to buy votes almost caused a worldwide financial collapse. You can't sell bad loans if you don't have those bad loans in the first place.

Greed is what caused jobs to leave. Sure they could have kept producing here, but why do that when they can make more importing from China? Lotta patriotism with those rich, and they own the repubs.

Then obviously you know little about business or business people.

True, some left to cheat the system, but after they left, others had to follow. If you and I have a widget factory, and I'm able to make five widgets in China for the price of your one widget, how do you compete with that?

If our widgets are sold in the same store, I will sell ten times (or more) widgets to people than you because mine are less than half the cost of yours. In America, people are consumed with cheaper everything. They don't care about where it's made, if it's slave labor or not, if buying an item puts any American out of work. They care about paying as little as they can for the item.

That's why most businesses left.

I know a lot actually. How was that good for our country? All it had done is made the rich richer. And as a thanks they keep getting tax breaks.

Btw if they got all these huge cost decreases to compete why have prices not gone way down?

 

[Brain357]

...For those who do have a true love for money, why should I hate them for that? Money is what makes them happy, and everybody in a free country like ours deserves the ability to find their happiness. When people find their happiness (whatever that may be) I celebrate their success in life.

I agree with that, just as long as they pay a lot of taxes on the money they love so much so the more unfortunate ones in society can have some happiness too

Or how about they actually create good jobs with good benefits.

 

[danielpalos]

...For those who do have a true love for money, why should I hate them for that? Money is what makes them happy, and everybody in a free country like ours deserves the ability to find their happiness. When people find their happiness (whatever that may be) I celebrate their success in life.

I agree with that, just as long as they pay a lot of taxes on the money they love so much so the more unfortunate ones in society can have some happiness too

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

dear; wealthy capitalists pay more Taxes simply Because they have more capital under our form of Capitalism.

 

[danielpalos]

Public works are more necessary and more proper.

 

[Ray From Cleveland]

You know, if you on the left were just as obsessed about getting rich as you are of those who are already rich, you just might have a happier life.

I guess that's the difference of mentality between conservatives and liberals. We conservatives see a successful person, we want to emulate them. We look up to them and their success. We wish we were more like them.

Guy, I was more right wing than you were up until 2008 or so. then one of your beloved rich people decided to **** me over because I had the bad luck to hae medical issues. **** the rich and their greed.

The left? When the left sees a successful person, they loath them. They want them brought down, they want them punished, they look at our wealthy as the problem instead of the solution.

The wealthy ARE the problem. Were you not paying attention in 2008 when they wrecked the economy with their greed? Did you not notice all the closed factories because of their greed. It was totally on the news, not sure how you missed it.

What a terrible way to go through life; letting the fortunes of others ruin yours. As for myself, I'm not worried what other people are doing, I'm more concerned about what I'm doing or going to do. Why should I focus on them? It won't do me any good. I'll certainly never get ahead that way. I would sooner study them; their success; their climb to the top; their decision making......

I have studied their success, it's mostly built on ******* over other people to make themselves richer.

We had our greatest prosperity when the rich paid confiscatory tax rates and the workforce was heavily unionized.

Well that's what caused them to leave and take our jobs with them. It took a number of years, but it happened and is still happening to a lesser degree.

I lost my healthcare coverage thanks to Obama and Commie Care. Now I have to pay for my healthcare with after-tax money whereas before, it was a benefit out of the hands of government. Now it's a major expense I have to endure and it's much harder to make ends meet.

I've seen many businesses close down. We've lost a lot of customers that way. They don't leave out of greed, they leave because they cannot compete for customers with enormous expenses like unions, taxations and regulations. I've talked to the managers and even business owners of these places. They dreaded the thought of leaving the state or country. But it was either that, or join their employees in the unemployment line. Their foreign competition was killing them.

The housing bubble and crisis did not start on Wall Street, it started with government. Government was so hell bent on putting minorities into their own homes that they lowered bank standards and even pressured some to give out bad loans. It was government that put their stamp of approval on those bad securities that caused the collapse. What choice did they have? You have to do something with all these bad loans, and nobody would buy those loans if they knew they were bad.

Had government stayed out of the home loan industry, it would have remained solid. It's true that a lot of people would have been left out of the loop, particularly minorities, but trying to appease people to buy votes almost caused a worldwide financial collapse. You can't sell bad loans if you don't have those bad loans in the first place.

Greed is what caused jobs to leave. Sure they could have kept producing here, but why do that when they can make more importing from China? Lotta patriotism with those rich, and they own the repubs.

Then obviously you know little about business or business people.

True, some left to cheat the system, but after they left, others had to follow. If you and I have a widget factory, and I'm able to make five widgets in China for the price of your one widget, how do you compete with that?

If our widgets are sold in the same store, I will sell ten times (or more) widgets to people than you because mine are less than half the cost of yours. In America, people are consumed with cheaper everything. They don't care about where it's made, if it's slave labor or not, if buying an item puts any American out of work. They care about paying as little as they can for the item.

That's why most businesses left.

I know a lot actually. How was that good for our country? All it had done is made the rich richer. And as a thanks they keep getting tax breaks.

Btw if they got all these huge cost decreases to compete why have prices not gone way down?

They are down, way down compared to most products made in the USA today.

Business did not develop because it was good for the country. Businesses were not created so that you or I have a job. Businesses are not created because they have a social obligation to anybody. Businesses are created to produce goods and services and most importantly, to make money.

 

[Ray From Cleveland]

...For those who do have a true love for money, why should I hate them for that? Money is what makes them happy, and everybody in a free country like ours deserves the ability to find their happiness. When people find their happiness (whatever that may be) I celebrate their success in life.

I agree with that, just as long as they pay a lot of taxes on the money they love so much so the more unfortunate ones in society can have some happiness too

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

dear; wealthy capitalists pay more Taxes simply Because they have more capital under our form of Capitalism.

They don't pay more taxes, they pay all the taxes when it comes to income tax. Nearly half of our population pays no income taxes at all in this country.

 

[Brain357]

Guy, I was more right wing than you were up until 2008 or so. then one of your beloved rich people decided to **** me over because I had the bad luck to hae medical issues. **** the rich and their greed.

The wealthy ARE the problem. Were you not paying attention in 2008 when they wrecked the economy with their greed? Did you not notice all the closed factories because of their greed. It was totally on the news, not sure how you missed it.

I have studied their success, it's mostly built on ******* over other people to make themselves richer.

We had our greatest prosperity when the rich paid confiscatory tax rates and the workforce was heavily unionized.

Well that's what caused them to leave and take our jobs with them. It took a number of years, but it happened and is still happening to a lesser degree.

I lost my healthcare coverage thanks to Obama and Commie Care. Now I have to pay for my healthcare with after-tax money whereas before, it was a benefit out of the hands of government. Now it's a major expense I have to endure and it's much harder to make ends meet.

I've seen many businesses close down. We've lost a lot of customers that way. They don't leave out of greed, they leave because they cannot compete for customers with enormous expenses like unions, taxations and regulations. I've talked to the managers and even business owners of these places. They dreaded the thought of leaving the state or country. But it was either that, or join their employees in the unemployment line. Their foreign competition was killing them.

The housing bubble and crisis did not start on Wall Street, it started with government. Government was so hell bent on putting minorities into their own homes that they lowered bank standards and even pressured some to give out bad loans. It was government that put their stamp of approval on those bad securities that caused the collapse. What choice did they have? You have to do something with all these bad loans, and nobody would buy those loans if they knew they were bad.

Had government stayed out of the home loan industry, it would have remained solid. It's true that a lot of people would have been left out of the loop, particularly minorities, but trying to appease people to buy votes almost caused a worldwide financial collapse. You can't sell bad loans if you don't have those bad loans in the first place.

Greed is what caused jobs to leave. Sure they could have kept producing here, but why do that when they can make more importing from China? Lotta patriotism with those rich, and they own the repubs.

Then obviously you know little about business or business people.

True, some left to cheat the system, but after they left, others had to follow. If you and I have a widget factory, and I'm able to make five widgets in China for the price of your one widget, how do you compete with that?

If our widgets are sold in the same store, I will sell ten times (or more) widgets to people than you because mine are less than half the cost of yours. In America, people are consumed with cheaper everything. They don't care about where it's made, if it's slave labor or not, if buying an item puts any American out of work. They care about paying as little as they can for the item.

That's why most businesses left.

I know a lot actually. How was that good for our country? All it had done is made the rich richer. And as a thanks they keep getting tax breaks.

Btw if they got all these huge cost decreases to compete why have prices not gone way down?

They are down, way down compared to most products made in the USA today.

Business did not develop because it was good for the country. Businesses were not created so that you or I have a job. Businesses are not created because they have a social obligation to anybody. Businesses are created to produce goods and services and most importantly, to make money.

Please show some evidence of that. I haven't seen any. Show prices decreased on items that went from made in USA to an import.

Well that may be the case, but the government does have to do those things. So since the rich aren't I guess the government needs more in taxes to do it.

 

[Brain357]

...For those who do have a true love for money, why should I hate them for that? Money is what makes them happy, and everybody in a free country like ours deserves the ability to find their happiness. When people find their happiness (whatever that may be) I celebrate their success in life.

I agree with that, just as long as they pay a lot of taxes on the money they love so much so the more unfortunate ones in society can have some happiness too

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

dear; wealthy capitalists pay more Taxes simply Because they have more capital under our form of Capitalism.

They don't pay more taxes, they pay all the taxes when it comes to income tax. Nearly half of our population pays no income taxes at all in this country.

Because the rich have made it impossible for many to get a good job.

 

[danielpalos]

...For those who do have a true love for money, why should I hate them for that? Money is what makes them happy, and everybody in a free country like ours deserves the ability to find their happiness. When people find their happiness (whatever that may be) I celebrate their success in life.

I agree with that, just as long as they pay a lot of taxes on the money they love so much so the more unfortunate ones in society can have some happiness too

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

dear; wealthy capitalists pay more Taxes simply Because they have more capital under our form of Capitalism.

They don't pay more taxes, they pay all the taxes when it comes to income tax. Nearly half of our population pays no income taxes at all in this country.

so what, under Any form of capitalism? to some on the left, it merely means Only those Capitalists have enough taxable income under our form of Capitalism.

 

[Jantje_Smit]

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

The rich should pay more taxes because they have more money, simple as that

And it may be a free country but it's a little hard to make yourself happy if you have to work 3 minimum wage jobs just to feed your children or worrying about going bankrupt if you get sick, not being able to get an education because you chose poor parents etc.

It's a society's responsiblity to do something about that

And if that means the Waltons will only be able to buy 2 new yachts instead of 3, is that really a disaster?

 

[Ray From Cleveland]

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

The rich should pay more taxes because they have more money, simple as that

And it may be a free country but it's a little hard to make yourself happy if you have to work 3 minimum wage jobs just to feed your children or worrying about going bankrupt if you get sick, not being able to get an education because you chose poor parents etc.

It's a society's responsiblity to do something about that

And if that means the Waltons will only be able to buy 2 new yachts instead of 3, is that really a disaster?

What you don't understand is the big guy never loses.

Raise taxes on corporations, businesses or CEO's, and that loss always gets passed down to the little guy. It may be in form of lowered benefits to employees. It may be in form of increasing the price of the products or services, but it will always be an indirect tax to the little people.

Increase taxes and the Walton's will still have three yachts, it's just that your toaster at Wal-Mart may go up by a buck or two.

 

[Ray From Cleveland]

...For those who do have a true love for money, why should I hate them for that? Money is what makes them happy, and everybody in a free country like ours deserves the ability to find their happiness. When people find their happiness (whatever that may be) I celebrate their success in life.

I agree with that, just as long as they pay a lot of taxes on the money they love so much so the more unfortunate ones in society can have some happiness too

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

dear; wealthy capitalists pay more Taxes simply Because they have more capital under our form of Capitalism.

They don't pay more taxes, they pay all the taxes when it comes to income tax. Nearly half of our population pays no income taxes at all in this country.

Because the rich have made it impossible for many to get a good job.

How did they do that?

Did they stop you from going to college? To trade school? Did they stop you from opening up your own business? How did they stop you from getting a good job?

 

[Brain357]

I agree with that, just as long as they pay a lot of taxes on the money they love so much so the more unfortunate ones in society can have some happiness too

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

dear; wealthy capitalists pay more Taxes simply Because they have more capital under our form of Capitalism.

They don't pay more taxes, they pay all the taxes when it comes to income tax. Nearly half of our population pays no income taxes at all in this country.

Because the rich have made it impossible for many to get a good job.

How did they do that?

Did they stop you from going to college? To trade school? Did they stop you from opening up your own business? How did they stop you from getting a good job?

They shipped the jobs to other countries obviously.

 

[Ray From Cleveland]

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

dear; wealthy capitalists pay more Taxes simply Because they have more capital under our form of Capitalism.

They don't pay more taxes, they pay all the taxes when it comes to income tax. Nearly half of our population pays no income taxes at all in this country.

Because the rich have made it impossible for many to get a good job.

How did they do that?

Did they stop you from going to college? To trade school? Did they stop you from opening up your own business? How did they stop you from getting a good job?

They shipped the jobs to other countries obviously.

Then get another job!

 

[danielpalos]

Why should they pay more taxes to make others happy? In a free country, we're supposed to make ourselves happy, not depend on others to make our happiness.

The rich should pay more taxes because they have more money, simple as that

And it may be a free country but it's a little hard to make yourself happy if you have to work 3 minimum wage jobs just to feed your children or worrying about going bankrupt if you get sick, not being able to get an education because you chose poor parents etc.

It's a society's responsiblity to do something about that

And if that means the Waltons will only be able to buy 2 new yachts instead of 3, is that really a disaster?

What you don't understand is the big guy never loses.

Raise taxes on corporations, businesses or CEO's, and that loss always gets passed down to the little guy. It may be in form of lowered benefits to employees. It may be in form of increasing the price of the products or services, but it will always be an indirect tax to the little people.

Increase taxes and the Walton's will still have three yachts, it's just that your toaster at Wal-Mart may go up by a buck or two.

It is not the least wealthy that complain about taxes.

 

[Jantje_Smit]

What you don't understand is the big guy never loses.

Raise taxes on corporations, businesses or CEO's, and that loss always gets passed down to the little guy. It may be in form of lowered benefits to employees. It may be in form of increasing the price of the products or services, but it will always be an indirect tax to the little people.

Increase taxes and the Walton's will still have three yachts, it's just that your toaster at Wal-Mart may go up by a buck or two.

Sorry, but that's bull$hit. I thought you free market disciples understood how it worked

The goal of corporations is to maximize profit (=dividend for shareholders), profit is maximized according to supply and demand rules (in theory at least but it works for toasters) so there's a price for toasters that generates the biggest profit on toasters.

Now if those toasters at a selling price of $20 a piece generate1 $billion in profits for the Waltons it doesn't matter for the price of toasters if you tax that $1 billion at 30% or 40%. If the Waltons raise the price of toasters to say $22 a piece they would generate maybe $950 million in profits but still pay 40% in taxes over that so the Waltons would screw themselves by doing so.

In practice however, they would simply buy some politicians for $10 million to block the bill that would raise taxes to 40%, deduct that as business expenses and pay 30% taxes on $998 million in profits.

And that's why the big guys always win

 

[Brain357]

dear; wealthy capitalists pay more Taxes simply Because they have more capital under our form of Capitalism.

They don't pay more taxes, they pay all the taxes when it comes to income tax. Nearly half of our population pays no income taxes at all in this country.

Because the rich have made it impossible for many to get a good job.

How did they do that?

Did they stop you from going to college? To trade school? Did they stop you from opening up your own business? How did they stop you from getting a good job?

They shipped the jobs to other countries obviously.

Then get another job!

If there were lots of great jobs out there wages wouldn't be stagnant.