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Thread: Wealth distribution in US.

  1. #1

    Wealth distribution in US.

    Politics aside, I like this kind of stuff...peoples perception vs reality.

    http://www.upworthy.com/9-out-of-10-...blowing-fact-2

  2. #2
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    Quote Originally Posted by FF2 View Post
    Politics aside, I like this kind of stuff...peoples perception vs reality.

    http://www.upworthy.com/9-out-of-10-...blowing-fact-2
    Very cool video. I honestly don't think either party gives a crap, as they are both trying to hit that 1%.

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    The most dangerous perception is to continue supporting the plutocratic duocracy and expect ideals to ever become reality.

  4. #4
    There is a substantial difference between wealth inequality and income inequality. He doesn’t distinguish between those who consume their entire paychecks at the same income level to those who save and invest a portion of their income. There may well be savers who are low income earners who have accumulated substantial wealth. There may well be public employees who don't save at all because they will not need future wealth assetts to live on? There may well be high earners who have accumulated little wealth at all.

    Government policy in the US is slanted toward middle class workers taking on debt rather than accumulating assetts. Policy appears to be working.

  5. #5
    Quote Originally Posted by FF2 View Post
    Politics aside, I like this kind of stuff...peoples perception vs reality.

    http://www.upworthy.com/9-out-of-10-...blowing-fact-2
    Tax bills for rich families approach 30-year high article by the AP.



    http://finance.yahoo.com/news/tax-bi...123819883.html

  6. #6
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    Quote Originally Posted by southparkcpa View Post
    Tax bills for rich families approach 30-year high article by the AP.



    http://finance.yahoo.com/news/tax-bi...123819883.html
    I dunno.

    Seems that even with the tax code, they've done pretty well. Is 10% of the country possessing 90% of the wealth not good enough? Exactly what has hurt them...because it appears that their high tax bills really have not.

  7. #7
    Quote Originally Posted by PlumberKhan View Post
    I dunno.

    Seems that even with the tax code, they've done pretty well. Is 10% of the country possessing 90% of the wealth not good enough? Exactly what has hurt them...because it appears that their high tax bills really have not.
    Is that percentage static? Are you proposing to redistribute wealth(Accumulated property) or income? Have at it comrade.

  8. #8
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    The Pirates of Manhattan by by Barry Dyke. Read it. Rich people pay taxes, but they also know how to sock hundreds of thousands of dollars away and out of the tax system. Tax free growth and tax free withdrawal. Oprah, warren buffet are rich and stay rich and also pay zero tax on a huge chunk of their money.

  9. #9
    Quote Originally Posted by PlumberKhan View Post
    I dunno.

    Seems that even with the tax code, they've done pretty well. Is 10% of the country possessing 90% of the wealth not good enough? Exactly what has hurt them...because it appears that their high tax bills really have not.


    My thought is that no amount of taxation will change the behavior of the bottom say... I dunno 60 percent? I dont know what has hurt the wealthy but hurting them is an objective?

    My belief is that we look at the top 1 percent as a bench mark. the reality in my view is that the only way to not be poor is change the behavior of the poor. Taxing me even more won't help the poor.

  10. #10
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    Wealth distribution is a big problem in this country and a significant factor of the current economic mess. The middle class is essentially dead, and in my opinion, the current wealth classes are more accurately categorized into two groups of 80% lower and 20% upper.

    The solution does not lie in greater socialism and forced redistribution under the current system. It lies in private trickle down economics triggered by incentives in a reformed, simplified tax system.

  11. #11
    Quote Originally Posted by parafly View Post
    Wealth distribution is a big problem in this country and a significant factor of the current economic mess. The middle class is essentially dead, and in my opinion, the current wealth classes are more accurately categorized into two groups of 80% lower and 20% upper.

    The solution does not lie in greater socialism and forced redistribution under the current system. It lies in private trickle down economics triggered by incentives in a reformed, simplified tax system.


    We need jobs, REAL jobs, in the private sector. The only solution.

  12. #12
    Conservatives are socialist they're just for wealth redistribution for the top .001% of the population.

  13. #13
    Quote Originally Posted by southparkcpa View Post


    We need jobs, REAL jobs, in the private sector. The only solution.
    What exactly is considered to be a "real job"? The private sector doesn't care about "real jobs", Budweiser didn't care, there really aren't many "real jobs" left in our country for the regular hard working folks.

  14. #14
    Quote Originally Posted by cr726 View Post
    What exactly is considered to be a "real job"? The private sector doesn't care about "real jobs", Budweiser didn't care, there really aren't many "real jobs" left in our country for the regular hard working folks.
    Reaganite Real job = non-union for $7 an hour at Wal-Mart

  15. #15
    Quote Originally Posted by southparkcpa View Post
    My thought is that no amount of taxation will change the behavior of the bottom say... I dunno 60 percent? I dont know what has hurt the wealthy but hurting them is an objective?

    My belief is that we look at the top 1 percent as a bench mark. the reality in my view is that the only way to not be poor is change the behavior of the poor. Taxing me even more won't help the poor.
    Are you saying that all poor people are poor by choice? I am confused by your comment about changing 'behavior'.

  16. #16
    Quote Originally Posted by detjetsfan View Post
    Reaganite Real job = non-union for $7 an hour at Wal-Mart
    That is from the Rick Perry School of Economics; champion the state of Texas as a model for the rest of the country.

    Then one day we can have 50 states that offer thousands upon thousands of exciting employment opportunities through places like Wal-Mart. And just be happy that you have a job despite the poor pay and poor benefits; if not they will find another person to take the job.

    But cut Wal-Mart some slack; its hard to offer decent benefits and pay to its workers when historically, they have had trouble turning a profit.
    Last edited by intelligentjetsfan; 03-05-2013 at 07:18 AM.

  17. #17
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    Moronic from start to finish - another 6 minutes of my life I wish I had back -10% of my coital interval

    At the start you get an anti-NRA popup which tells you its bat-sh1t crazy before you even start to view it

    Then the video itself:
    No metrics - who are the 5000 asked about wealth? What demographics?
    What are their political affiliation?
    What about the bad 1%?
    How did they come about their wealth?
    Worked hard or hardly worked?
    No sources cited - how do we know the distributions cited are factual
    No mention of taxes, costs of living, economic policies, giveaways to the lower class
    Theres even a mention of how teh 1% make so much in the markets and others arent invested
    - perfect rebuke for all the dopes saying the great indexes are reflective of the "great" B. Hussein economy
    (theres no place else to realize a decent return but most people arent investing)

    Worst of all-no solutions-just ominous lower key music

    The smarmy puke even throws in a jibe or 2 at work ethic which deserves a few swift kicks in the nuts just for insinuating having one is a waste of time

    In other words ideal pablum for the libs and Occufilth sympathisers in this forum
    Last edited by Jungle Shift Jet; 03-05-2013 at 07:55 AM.

  18. #18
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    Quote Originally Posted by intelligentjetsfan View Post
    Are you saying that all poor people are poor by choice? I am confused by your comment about changing 'behavior'.
    Only poor children are not poor by choice.
    Everyone else made one or more poor decisions that could have improved their status.

  19. #19
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    Great, another "rich people are the problem" video. We get it, America sucks.

    The alternative is the USSR.

    Pick one.

  20. #20
    Quote Originally Posted by DDNYjets View Post
    Great, another "rich people are the problem" video. We get it, America sucks.

    The alternative is the USSR.

    Pick one.
    The 80's are over.

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