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Chairman-Mao on 10 March 2011
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chocoloco said:
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.

 

I am sure you family worked hard, but that does not mean that every person is born into this world with equal oppurtunity.


I do agree that there are many people who are born into such a rough state that they have no opportunity to succeed but I do think a lot of poverty comes from laziness and/or bad life choices. 

http://en.wikipedia.org/wiki/Income_inequality_in_the_United_States#Role_of_education

Looking at the chart on Wikipedia there (i know not a good source but whatever) it shows a person with a Bachelors degree makes nearly twice as much as just a high school graduate ($26,000 vs $49,000). And in North America there is no excuse not to get into college/university. I know college/university is expensive but there are so many grants/scholarships available if a person works hard in high school (which is free via taxes) and even if you don't qualify for a scholarship you can get a government student loan (at least in Canada) which you don't have to start paying back until I think a couple years after you graduate, or it might even be after you find a job after graduating. 

I don't buy into that whole bull shit that the only opportunities poor black people have are either sports or joining gangs/selling drugs. Black people have just as much opportunity as white people to go to high school and get good marks and go to college.