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Chairman-Mao said:
chocoloco said:
Chairman-Mao said:
Mr Khan said:
Chairman-Mao said:
Mr Khan said:
mrstickball said:

...And the savings would go to everyone in the 2/3rds to create new businesses to employ those needing the handouts?

You mean go to the 1% that pay the most in income taxes, which they would then invest in speculative overseas markets and ponzi schemes


I hope you were joking. 

Trickle down theory has been disproven, quite frankly. We don't need to be giving the rich more money when they have it better than they've had it in 70 years

I'm not talking about the rich getting richer or anything like that, I'm just hoping you're joking about every person in the top 1% having offshore accounts and ponzi schemes. Not every rich person is a tax evading piece of crap you know. 

If you are in the top 1% of the richest people than you have billions of dollars, are you saying that you are amongst the most rich in Canada?


Umm billions? According to 2005 income data (for the USA) it only takes $350,000 to be in the top 1% of earners. I think you might be confusing top 1% with top 0.01% or something like that.

And to answer your question, I'm only 19 and don't have an income, so I'm not among the richest in Canada; but my family is. Both my Grandpa and Father did really well in business and would be in the top 1% if we were American.

These data suggest that wealth is concentrated in the hands of a small number of families. The wealthiest 1 percent of families owns roughly 34.3%  of the nation's net worth, the top 10% of families owns over 71%, and the bottom 40% of the population owns way less than 1%.

I was just curious if you grew up in a wealthy family or not. I do not think all rich men do no care about others, but I do think money creates power. And as the saying goes all power corrupts indefinantly. I do not necassarily believe that is always true, but there is something wrong in a world were the privilidged few have all the power and can maintain it by keeping wealth in the family.
I am sure you family worked hard, but that does not mean that every person is born into this world with equal oppurtunity.