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StreetScooby

Why Not Soak the Rich?

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It's so exasperating seeing Bill Gates spend money in India and Africa when we were the ones who gave him all his money by having to purchase his licenses every other year due to having to upgrade. He should be forced to spend his money here or be taxed. You use to be able to buy a refrigerator and it lasted for 40 years. Now that everything is electrified and turned into a computer including stoves and cars, you have to upgrade every other year. NOW, soon you're going to need an iphone every other year as that's the new computer. Soon your eyeglasses will be a computer.

Who needs 40 billion anyway....'



Bill Gates can spend his money however he chooses. All I ask is that he pays his taxes AT LEAST at the same rate as middle class taxpayers and not at some preferred low rate only accessible to the extremely wealthy.



And in fact - to address the concern about "giving back" to those who "gave him all his money" - (ironically, a very Socialist, almost Communist, sentiment, considering the source), when the wealthy pay taxes on ALL their income (including "capital gains") at a rate no lower than what middle-classers pay on their income from ordinary employment adn wages, they ARE giving back to the country that gave them the opportunity to earn that kind of wealth in the first place.

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It's so exasperating seeing Bill Gates spend money in India and Africa when we were the ones who gave him all his money by having to purchase his licenses every other year due to having to upgrade. He should be forced to spend his money here or be taxed. You use to be able to buy a refrigerator and it lasted for 40 years. Now that everything is electrified and turned into a computer including stoves and cars, you have to upgrade every other year. NOW, soon you're going to need an iphone every other year as that's the new computer. Soon your eyeglasses will be a computer.

Who needs 40 billion anyway....'



Really? I suppose you never spend a dime outside of your city, or county or state, as the tax revenue will go to someone else, too, huh? I'm sure you would be all for a law that would require you to do jut that, too? :SMaybe, just maybe, we should learn to be competitive on a global scale, and offer something to Microsoft that they can't get overseas? If that is not direct cost savings in initial manufacturing and support, than something else that Microsoft couldn't live without.


What I'm saying is that he might spend money here, give back, to people here as WE were the ones who gave him all his money. I do recall paying nearly $7,000 for a dos machine, key board, mouse and printer.... And I just didn't do that once. He's out giving his money away.. money he got from us, free to other people. Maybe he should work to prevent USA obesity problem as many sit at computers getting fat...... he's the one partly responsible for that problem xbox etc, that he might help to alleviate our problem.

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My short answer is, it's dishonest and is the same thing as stealing. There is no honesty in stealing from the rich and giving to the poor. If you didn't work for it then you don't deserve it.



I was with you until the second half.

"If you didn't work for it then you don't deserve it."

There are PLENTY of extremely rich people who didn't and don't WORK for their money.

They inherited it from someone who worked for it back in the day, and now the money works for them.

Still agree its not nice to steal it from them. But its not really fair to compare dude working at McDonalds, to the heinz kids, or the hilton kids, or the mars kids, etc etc etc etc.

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My short answer is, it's dishonest and is the same thing as stealing. There is no honesty in stealing from the rich and giving to the poor. If you didn't work for it then you don't deserve it.



I was with you until the second half.

"If you didn't work for it then you don't deserve it."

There are PLENTY of extremely rich people who didn't and don't WORK for their money.

They inherited it from someone who worked for it back in the day, and now the money works for them.

Still agree its not nice to steal it from them. But its not really fair to compare dude working at McDonalds, to the heinz kids, or the hilton kids, or the mars kids, etc etc etc etc.



How ever they got their money stealing it from them to give to someone who didn't work for it isn't right. It's dishonest and the same thing as stealing. I don't have any problem with people leaving their money or assets to their children.

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Yep I agree its not nice to steal from them.

The McDonalds worker will be leaving his kids a lot less money than the Heinz family though.

I guess the McDonalds guy just didn't try hard enough to start a ketchup business and break into the global economy in 2013. So fuck em. Tax him harder than the Heinz's, they worked for their money!

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Yep I agree its not nice to steal from them.

The McDonalds worker will be leaving his kids a lot less money than the Heinz family though.

I guess the McDonalds guy just didn't try hard enough to start a ketchup business and break into the global economy in 2013. So fuck em. Tax him harder than the Heinz's, they worked for their money!



The McDonalds worker has the same oportunity

So you are right, he didnt work hard enough
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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Yep I agree its not nice to steal from them.

The McDonalds worker will be leaving his kids a lot less money than the Heinz family though.

I guess the McDonalds guy just didn't try hard enough to start a ketchup business and break into the global economy in 2013. So fuck em. Tax him harder than the Heinz's, they worked for their money!



It's not as simple of an issue as you are making it out to be.
All you are doing is trying to find a way to justify stealing money from the rich to give to the poor. It's stealing no matter how you justify it.

The rich still pay the majority of the income tax revenue. The very poor don't pay any income tax at all. Which would be someone living off of minimum wage like a McDonalds worker.

You are just making an emotional argument for penalizing rich people for being rich.

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You are just making an emotional argument for penalizing rich people for being rich.



No-one is penalized for being rich. They are fortunate that they are rich and can contribute appropriately to the country that gave them the opportunity to be rich. Had they been born in, say, Botswana or Mali they would not have had the same opportunity.
...

The only sure way to survive a canopy collision is not to have one.

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The rich still pay the majority of the income tax revenue.



Thank you for that astute observation, Captain Obvious. Possibly it's because the rich also have the majority of the income.
...

The only sure way to survive a canopy collision is not to have one.

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He's out giving his money away.. money he got from us, free to other people. Maybe he should work to prevent USA obesity problem as many sit at computers getting fat...... he's the one partly responsible for that problem xbox etc, that he might help to alleviate our problem.



I'm thinking that the biggest market Gates has right now is China and India - and they are growing......

As for his charitable donations, it's his money. None of your business.

If you want to complain about keeping money priorities to domestic benefits, you might consider complaining about policies from the exec and legislative branches of the government.

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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The rich still pay the majority of the income tax revenue.



Thank you for that astute observation, Captain Obvious. Possibly it's because the rich also have the majority of the income.



A lot of people seem to think this isn't true.

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The rich still pay the majority of the income tax revenue.



Thank you for that astute observation, Captain Obvious. Possibly it's because the rich also have the majority of the income.



A lot of people seem to think this isn't true.



That's because a lot of people can't understand the concept of "marginal", "rate" or "%".
...

The only sure way to survive a canopy collision is not to have one.

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Yep I agree its not nice to steal from them.

The McDonalds worker will be leaving his kids a lot less money than the Heinz family though.

I guess the McDonalds guy just didn't try hard enough to start a ketchup business and break into the global economy in 2013. So fuck em. Tax him harder than the Heinz's, they worked for their money!



The McDonalds worker has the same oportunity

So you are right, he didnt work hard enough



Right, the kid from the ghetto working at McDonalds surely had exactly the same opportunities in life as Paris Hilton. What a waster for not starting his own business like she did.
...

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How to apportion taxes is separate from how to reduce government expenditures. You can have an effective method of apportioning taxes whether total expenditures are very high or very low. Likewise, you can have a very ineffective method of apportioning taxes whether total expenditures are very high or very low.



Understood, and agreed.
We are all engines of karma

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Yep I agree its not nice to steal from them.

The McDonalds worker will be leaving his kids a lot less money than the Heinz family though.

I guess the McDonalds guy just didn't try hard enough to start a ketchup business and break into the global economy in 2013. So fuck em. Tax him harder than the Heinz's, they worked for their money!



The McDonalds worker has the same oportunity

So you are right, he didnt work hard enough




How did the McDonalds worker have the same opportunity to be born into wealth as lets say Paris Hilton?

In the sense that I had the same opportunity to be King of England as Prince Charles?

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Yep I agree its not nice to steal from them.

The McDonalds worker will be leaving his kids a lot less money than the Heinz family though.

I guess the McDonalds guy just didn't try hard enough to start a ketchup business and break into the global economy in 2013. So fuck em. Tax him harder than the Heinz's, they worked for their money!



The McDonalds worker has the same oportunity

So you are right, he didnt work hard enough




How did the McDonalds worker have the same opportunity to be born into wealth as lets say Paris Hilton?

In the sense that I had the same opportunity to be King of England as Prince Charles?



Nope
did not say that

But they have the same oportunity to suceed

Do those you list have a leg up? Sure. Nothing will change that. But sitting on your ass everday after working at Mickey D's will get you nothing more than the same job to back to tomorrow

As far as the born into comment? Your green side is showing
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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Yep I agree its not nice to steal from them.

The McDonalds worker will be leaving his kids a lot less money than the Heinz family though.

I guess the McDonalds guy just didn't try hard enough to start a ketchup business and break into the global economy in 2013. So fuck em. Tax him harder than the Heinz's, they worked for their money!



It's not as simple of an issue as you are making it out to be.
All you are doing is trying to find a way to justify stealing money from the rich to give to the poor. It's stealing no matter how you justify it.

The rich still pay the majority of the income tax revenue. The very poor don't pay any income tax at all. Which would be someone living off of minimum wage like a McDonalds worker.

You are just making an emotional argument for penalizing rich people for being rich.




You are misunderstanding me I think.

Im not advocating taking their money away.

Im pointing out the fact is the mcdonalds worker (like a LOT of working class americans) will not have the means to leave their children with much.

This perpetuates the cycle of working paycheck to paycheck into the next generation of working class.

This is MUCH different than the generational wealth that makes up a pretty high portion of the richest people in America. They don't have to worry about WORKING, since their great granddad did that for them, and the money he made produces more money magically through the wonders of capitalism.


I have no problem with the system as it (functions?) now, I just see some serious holes with,

"They worked for it, they just wanted it more than the McDonalds guy".

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Yep I agree its not nice to steal from them.

The McDonalds worker will be leaving his kids a lot less money than the Heinz family though.

I guess the McDonalds guy just didn't try hard enough to start a ketchup business and break into the global economy in 2013. So fuck em. Tax him harder than the Heinz's, they worked for their money!



The McDonalds worker has the same oportunity

So you are right, he didnt work hard enough



How did the McDonalds worker have the same opportunity to be born into wealth as lets say Paris Hilton?

In the sense that I had the same opportunity to be King of England as Prince Charles?


Nope
did not say that

But they have the same oportunity to suceed

Do those you list have a leg up? Sure. Nothing will change that. But sitting on your ass everday after working at Mickey D's will get you nothing more than the same job to back to tomorrow

As far as the born into comment? Your green side is showing



Lol.

"
Do those you list have a leg up? Sure. Nothing will change that. "

Exactly! They have better opportunity. That's what a LEG UP is.

:D

The only green side I have isn't the one you are referring to I don't think.....

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He's out giving his money away.. money he got from us, free to other people. Maybe he should work to prevent USA obesity problem as many sit at computers getting fat...... he's the one partly responsible for that problem xbox etc, that he might help to alleviate our problem.



I'm thinking that the biggest market Gates has right now is China and India - and they are growing......

As for his charitable donations, it's his money. None of your business.

If you want to complain about keeping money priorities to domestic benefits, you might consider complaining about policies from the exec and legislative branches of the government.



I've done that too, and I've also stopped buying MS products.

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He's out giving his money away.. money he got from us, free to other people. Maybe he should work to prevent USA obesity problem as many sit at computers getting fat...... he's the one partly responsible for that problem xbox etc, that he might help to alleviate our problem.



I'm thinking that the biggest market Gates has right now is China and India - and they are growing......

As for his charitable donations, it's his money. None of your business.

If you want to complain about keeping money priorities to domestic benefits, you might consider complaining about policies from the exec and legislative branches of the government.



I've done that too, and I've also stopped buying MS products.



Well that's up to you, but it's yet another example of your mis-directed anger. Gates donates zillions of charitable piasters that are spent in the US.

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Yep I agree its not nice to steal from them.

The McDonalds worker will be leaving his kids a lot less money than the Heinz family though.

I guess the McDonalds guy just didn't try hard enough to start a ketchup business and break into the global economy in 2013. So fuck em. Tax him harder than the Heinz's, they worked for their money!



It's not as simple of an issue as you are making it out to be.
All you are doing is trying to find a way to justify stealing money from the rich to give to the poor. It's stealing no matter how you justify it.

The rich still pay the majority of the income tax revenue. The very poor don't pay any income tax at all. Which would be someone living off of minimum wage like a McDonalds worker.

You are just making an emotional argument for penalizing rich people for being rich.




You are misunderstanding me I think.

Im not advocating taking their money away.

Im pointing out the fact is the mcdonalds worker (like a LOT of working class americans) will not have the means to leave their children with much.

This perpetuates the cycle of working paycheck to paycheck into the next generation of working class.

This is MUCH different than the generational wealth that makes up a pretty high portion of the richest people in America. They don't have to worry about WORKING, since their great granddad did that for them, and the money he made produces more money magically through the wonders of capitalism.


I have no problem with the system as it (functions?) now, I just see some serious holes with,

"They worked for it, they just wanted it more than the McDonalds guy".



So you are jealous of people who inherit money. You have made that point very clear. Color me unimpressed.

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yes they are subjective, and they are still valid, given that the human race does not rely on purely objective logic for its own survival.

And no, I made not suggestion as to what the metric should be, but I maintain that the evidence is NOT there that many CEO's and executives have 'earned' much of anything more than a wage perhaps triple the average worker wage.

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