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The 1% Close to Having As Much Wealth as the Entire Middle Class
11-11-2019, 08:27 PM
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Originally Posted By Jaroctor⏩
okay so anything short of wealth redistribution set by the very very competent government bureaucracies that cant issues ID's properly is not a society? right lol.So... the idea of a society is stupid?
What do you mean "won't help themselves?"
I'm not suggesting we give junkies a bunch of free cash here and destroy mansions.
Some people won't help themselves, sure, but most can't. It's a very, very American mentality to assume that the poor are somehow responsible for their own misery when that is not the case way more often than not.
We go about helping people by actually providing competent services funded by people who can afford to do so, and that shouldn't just be the middle class.
What do you mean "won't help themselves?"
I'm not suggesting we give junkies a bunch of free cash here and destroy mansions.
Some people won't help themselves, sure, but most can't. It's a very, very American mentality to assume that the poor are somehow responsible for their own misery when that is not the case way more often than not.
We go about helping people by actually providing competent services funded by people who can afford to do so, and that shouldn't just be the middle class.
historically wealth redistribution has lead to some very happy societies that paved the road for many of the innovations in science and technology we enjoy today, correct?
lmao
11-11-2019, 08:27 PM
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#332
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Originally Posted By exxtracool⏩
We all live in a society that functions under the premise of wealth redistribution. That you don't realize it is extremely stupid.okay so anything short of wealth redistribution set by the very very competent government bureaucracies that cant issues ID's properly is not a society? right lol.
historically wealth redistribution has lead to some very happy societies that paved the road for many of the innovations in science and technology we enjoy today, correct?
lmao
historically wealth redistribution has lead to some very happy societies that paved the road for many of the innovations in science and technology we enjoy today, correct?
lmao
Originally Posted By Dave22reborn⏩
Something that works maybe?What services? Hell, there's section 8, food stamps, welfare, what else do you want?
Also, if you're middle class, you don't need any services.
Also, if you're middle class, you don't need any services.
I don't get your point on the middle class at all. They're funding the public services those who can't afford them get, and yet those services benefit those people who don't have to adjust the **** wages they pay that force them to receive benefits.
11-11-2019, 08:30 PM
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Originally Posted By propreffered7⏩
You're comparing something that parents voluntarily leave their children, to welfare, section 8, and food stamps?do you think people should receive inheritances? just curious
What does that inheritance cost society in taxes? What does the above cost society in taxes?
11-11-2019, 08:30 PM
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#334
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Originally Posted By Jaroctor⏩
please explain lmao. im very interested at how our society is grounded in the premise of handing certain peoples money over to other people.We all live in a society that functions under the premise of wealth distribution. That you don't realize it is extremely stupid.
go ahead bro. educate me.
11-11-2019, 08:30 PM
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Originally Posted By Dave22reborn⏩
isnt an inheritance someone benefiting from something they didnt do? i.e. they didn't put in the workYou're comparing something that parents voluntarily leave their children, to welfare, section 8, and food stamps?
What does that inheritance cost society in taxes? What does the above cost society in taxes?
What does that inheritance cost society in taxes? What does the above cost society in taxes?
isnt that the same as a hand out?
11-11-2019, 08:31 PM
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#336
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Death is a better alternative to communism/socialism/collectivism. The world is in a better place then it has ever been. People in the West are just bored and are looking for a purpose. Quit envying the rich and start a family.
No amount of taxes is gonna stop the government from mismanaging tax payers revenue. If people stopped going into massive debt for education, a car or a house in major cities then im sure things would go back to normal.
I work in a bank and you have people that live paycheque to paycheque and who will lose their **** if you dare put a hold on their cheque in order to make sure the cheque won’t bounce. And then you have other people who have more than 100k+ invested. Granted a lot of those people got that money from their parents but thats just a byproduct of good parenting. Its not privilege or anything.
Granted some rich people are scum, a lot of them earned their wealth by building a successful business and by betting everything on one business.
Quit using divise rhetoric to scare people. You could live a good lifestyle even if you made 15$/hr by being smart with your money. Heck my uncle raised 4 kids with 13-14$/hr wages and still had enough to buy a house.
No amount of taxes is gonna stop the government from mismanaging tax payers revenue. If people stopped going into massive debt for education, a car or a house in major cities then im sure things would go back to normal.
I work in a bank and you have people that live paycheque to paycheque and who will lose their **** if you dare put a hold on their cheque in order to make sure the cheque won’t bounce. And then you have other people who have more than 100k+ invested. Granted a lot of those people got that money from their parents but thats just a byproduct of good parenting. Its not privilege or anything.
Granted some rich people are scum, a lot of them earned their wealth by building a successful business and by betting everything on one business.
Quit using divise rhetoric to scare people. You could live a good lifestyle even if you made 15$/hr by being smart with your money. Heck my uncle raised 4 kids with 13-14$/hr wages and still had enough to buy a house.
11-11-2019, 08:32 PM
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Originally Posted By Jaroctor⏩
What services? Also, people have this skewed version of middle class nowadays.We all live in a society that functions under the premise of wealth redistribution. That you don't realize it is extremely stupid.
Something that works maybe?
I don't get your point on the middle class at all. They're funding the public services those who can't afford them get, and yet those services benefit those people who don't have to adjust the **** wages they pay that force them to receive benefits.
Something that works maybe?
I don't get your point on the middle class at all. They're funding the public services those who can't afford them get, and yet those services benefit those people who don't have to adjust the **** wages they pay that force them to receive benefits.
11-11-2019, 08:32 PM
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Originally Posted By propreffered7⏩
its is not the same as a hand out. a hand out in this case is the government forcibly taking someones money to give to someone else they deem needs it more... that is not the same as a person working hard in life to provide his children.isnt an inheritance someone benefiting from something they didnt do?
isnt that the same as a hand out?
isnt that the same as a hand out?
11-11-2019, 08:33 PM
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#339
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Originally Posted By propreffered7⏩
So if you have children, you're going to leave them with nothing?isnt an inheritance someone benefiting from something they didnt do? i.e. they didn't put in the work
isnt that the same as a hand out?
isnt that the same as a hand out?
When my grandmother passed away, I got like 5 grand.....some handout that was, I guess the government should have taken that money.
11-11-2019, 08:36 PM
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Originally Posted By exxtracool⏩
When did trying to create generational wealth become a bad thing? That should be the goal, for your children to surpass you, for them to be a better version of yourself.its is not the same as a hand out. a hand out in this case is the government forcibly taking someones money to give to someone else they deem needs it more... that is not the same as a person working hard in life to provide his children.
11-11-2019, 08:37 PM
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liberals love to talk a big game about their altruistic ideas of taking from the super rich to give to the poor but who usually feels the brunt of their policies? small business, start ups, and the middle class.
11-11-2019, 08:40 PM
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#342
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Originally Posted By Dave22reborn⏩
*shouldn't need any services. The middle class ain't what it used to be. These days they pay for the services that they themselves need, but don't qualify for.Also, if you're middle class, you don't need any services.
11-11-2019, 08:41 PM
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Originally Posted By Adam16121⏩
What services do they need?*shouldn't need any services. The middle class ain't what it used to be
11-11-2019, 08:46 PM
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#344
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Originally Posted By Dave22reborn⏩
well, we all need certain public services. roads, police, fire, etc. however we shouldnt conflate that with what we are talking about because taxation to provide public services is not in anyway the same thing as redistributing wealth.What services do they need?
11-11-2019, 08:54 PM
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Originally Posted By Dave22reborn⏩
The middle class in NYC pays a higher tax rate than low income individuals ("low income" on paper). They usually don't qualify for things like rent controlled housing, free daycare, medicaid, snap, etc. They pay for their own healthcare (deductibles/copays/premiums), and pay for "the poor" in taxes. Many struggle much, much harder than families who work under table and take advantage of benefits (and cash out their snap/otc cards/etc for spending money at shady establishments). The families that do honest work and report it could greatly benefit from things like gov sponsored daycare, yet it goes to people who game the system. I could go on (particularly about how the rich are also parasites, who benefit from perpetuating this system/creating crab buckets ) but I have to be up early, and this stuff frustrates the hell out of me.What services do they need?
11-11-2019, 08:55 PM
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Originally Posted By exxtracool⏩
We aren't talking about the poor, but the shrinking middle classif youre poor in america its your fault.
dont blame other people and demand hand outs because you failed to succeed in a country that has the most available avenues for financial success.
pissening mentality. "im poor, rich people give me your money" lmao sheit kunts.
dont blame other people and demand hand outs because you failed to succeed in a country that has the most available avenues for financial success.
pissening mentality. "im poor, rich people give me your money" lmao sheit kunts.
11-11-2019, 08:59 PM
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Originally Posted By sword_⏩
You don't have to tax the wealthy.I really don't get it. I want fairness in the world and everything but I just don't think taxing heavy will help anyone in the long run.
Lowering student loans and house prices would do a majority of Americans good. And why do businesses move to expensive cities? They should expand in low COL areas to give more people a chance of home ownership. Otherwise it's paying crazy rent or a long ass commute. That doesn't even mention crony states with high taxes, like Illinois and California for example
-Lower Student loans
-Lower housing costs
-Lower food
The middle class will do much, much better under those ideals instead of taxing more.
11-11-2019, 09:00 PM
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#348
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Originally Posted By Devils⏩
We know where you are goingUsury is a scam.
11-11-2019, 09:03 PM
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#349
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Originally Posted By MikeLowrrrey⏩
Lol at this naive little socialist. Supply and demand is what prices are based off of. You can't artifically lower the prices. If you lower the standard for getting houses, you get 2008 againYou don't have to tax the wealthy.
Lowering student loans and house prices would do a majority of Americans good. And why do businesses move to expensive cities? They should expand in low COL areas to give more people a chance of home ownership. Otherwise it's paying crazy rent or a long ass commute. That doesn't even mention crony states with high taxes, like Illinois and California for example
-Lower Student loans
-Lower housing costs
-Lower food
The middle class will do much, much better under those ideals instead of taxing more.
Lowering student loans and house prices would do a majority of Americans good. And why do businesses move to expensive cities? They should expand in low COL areas to give more people a chance of home ownership. Otherwise it's paying crazy rent or a long ass commute. That doesn't even mention crony states with high taxes, like Illinois and California for example
-Lower Student loans
-Lower housing costs
-Lower food
The middle class will do much, much better under those ideals instead of taxing more.
11-11-2019, 09:07 PM
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#350
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Originally Posted By Adam16121⏩
You're going to use NYC for your example? Place is supposed to be a liberal utopia, that's already high in taxes, and you want to raise them even higher? And just because someone lives in NYC, doesn't mean they have to live in the downtown area.The middle class in NYC pays a higher tax rate than low income individuals ("low income" on paper). They usually don't qualify for things like rent controlled housing, free daycare, medicaid, snap, etc. They pay for their own healthcare (deductibles/copays/premiums), and pay for "the poor" in taxes. Many struggle much, much harder than families who work under table and take advantage of benefits (and cash out their snap/otc cards/etc for spending money at shady establishments). The families that do honest work and report it could greatly benefit from things like gov sponsored daycare, yet it goes to people who game the system. I could go on (particularly about how the rich are also parasites, who benefit from perpetuating this system/creating crab buckets ) but I have to be up early, and this stuff frustrates the hell out of me.
Free daycare, you're telling me that people who work for a daycare should be federal employees now? With federal benefits?
It's real simple, live within your means, not that hard.
11-11-2019, 09:07 PM
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Not surprising. This is the accumulation of assets. The poor are poor because they have no assets. Much of the middle class has debt tied up in things like cars that are a depreciating asset.
The wealthy are by definition those whose wealth works for them.
The wealthy are by definition those whose wealth works for them.
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What part of "Shall Not Be Infringed" are you having trouble with?
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11-11-2019, 09:07 PM
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#352
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It's not a closed system. Wealth is created.
Why do u care how much they have when your standard of living is the best ever?
Why do u care how much they have when your standard of living is the best ever?
aka. Tomthetrainwreck
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11-11-2019, 09:12 PM
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#353
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Originally Posted By MikeLowrrrey⏩
How do you propose to magically reduce the cost of a house and food?You don't have to tax the wealthy.
Lowering student loans and house prices would do a majority of Americans good. And why do businesses move to expensive cities? They should expand in low COL areas to give more people a chance of home ownership. Otherwise it's paying crazy rent or a long ass commute. That doesn't even mention crony states with high taxes, like Illinois and California for example
-Lower Student loans
-Lower housing costs
-Lower food
The middle class will do much, much better under those ideals instead of taxing more.
Lowering student loans and house prices would do a majority of Americans good. And why do businesses move to expensive cities? They should expand in low COL areas to give more people a chance of home ownership. Otherwise it's paying crazy rent or a long ass commute. That doesn't even mention crony states with high taxes, like Illinois and California for example
-Lower Student loans
-Lower housing costs
-Lower food
The middle class will do much, much better under those ideals instead of taxing more.
And the point of a business is to make money, I'm not going to set up shop in some ghetto, I'm going to set up my business where I'll make the most money.
I swear, I seriously doubt some of you have any real world experience, because some of these ideas are something a teenager would come up with.
11-11-2019, 09:13 PM
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#354
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Originally Posted By Ikeman83⏩
But without "services" how am I going to afford my 1200 dollar rent, and my 30 thousand dollar Toyota?Not surprising. This is the accumulation of assets. The poor are poor because they have no assets. Much of the middle class has debt tied up in things like cars that are a depreciating asset.
The wealthy are by definition those whose wealth works for them.
The wealthy are by definition those whose wealth works for them.
11-11-2019, 09:18 PM
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#355
Originally Posted By beansieweansie⏩
Lmao this guy.capitalism is a joke. having people with millions if not billions of dollars sitting in their account doing nothing when theres people out there starving and dying is terrible. Anyone who thinks this is ok has ZERO perspective. After someone makes a certain amount of dollars, (ie 5 mill) every dollar after that amount should be spent in healthcare, schools, and helping people in need. Ontop of that necessities and things needed to survive should not be as profitable as it is now.. if i remember correctly insulin is like an absurd amount more than the actual cost to make it
How about you open a fuking economics book for starters? check the one that says Economics for dummies.
300 Forever
11-11-2019, 09:21 PM
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#356
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Originally Posted By Anachron⏩
To buy a house today requires 4 years of school in an in demand degree. In the 70s you could work a warehouse job and buy a house + new car and take care of your family on a single income. Still doable today but nowhere near as easy.I've disproved the bolded several times already. I will link when I am off mobile. It takes less off median monthly income, to buy a median house today, then in 1970.
The average house costs what, $175,000? Good luck buying that on a $50,000 salary
11-11-2019, 09:25 PM
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#357
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Originally Posted By MikeLowrrrey⏩
lol you can buy a 175k house with like ~40k down and get a reasonable mortgage from an A lender.To buy a house today requires 4 years of school in an in demand degree. In the 70s you could work a warehouse job and buy a house + new car and take care of your family on a single income. Still doable today but nowhere near as easy.
The average house costs what, $175,000? Good luck buying that on a $50,000 salary
The average house costs what, $175,000? Good luck buying that on a $50,000 salary
in the 70s houses were smaller, had less features... same with cars.. kids didnt want an ipad and a laptop and 6 tv's in the house. etc etc. life was obviously different in the 70s but i think its a big stretch to suggest that the std of living for the american middle class has decreased since then, wouldnt you say?
11-11-2019, 09:31 PM
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#358
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Originally Posted By propreffered7⏩
So you want dead peoples money? A family’s wealth?isnt an inheritance someone benefiting from something they didnt do? i.e. they didn't put in the work
isnt that the same as a hand out?
isnt that the same as a hand out?
11-11-2019, 09:38 PM
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#359
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Originally Posted By exxtracool⏩
****, air conditioning wasn't even a thing in the 70s, and there was one television. Also, people still had a mortgage.lol you can buy a 175k house with like ~40k down and get a reasonable mortgage from an A lender.
in the 70s houses were smaller, had less features... same with cars.. kids didnt want an ipad and a laptop and 6 tv's in the house. etc etc. life was obviously different in the 70s but i think its a big stretch to suggest that the std of living for the american middle class has decreased since then, wouldnt you say?
in the 70s houses were smaller, had less features... same with cars.. kids didnt want an ipad and a laptop and 6 tv's in the house. etc etc. life was obviously different in the 70s but i think its a big stretch to suggest that the std of living for the american middle class has decreased since then, wouldnt you say?
11-11-2019, 09:42 PM
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#360
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Originally Posted By MikeLowrrrey⏩
Once again, you have this fantasy in your head about how life was supposedly easier during a certain time. The house was small, no air conditioning, one television, there was maybe just one car, and that man of the house was probably working a job he hated to provide for his family.To buy a house today requires 4 years of school in an in demand degree. In the 70s you could work a warehouse job and buy a house + new car and take care of your family on a single income. Still doable today but nowhere near as easy.
The average house costs what, $175,000? Good luck buying that on a $50,000 salary
The average house costs what, $175,000? Good luck buying that on a $50,000 salary
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