| MrBubbles said: it is better to accumulate wealth in the hands of those that earned it. |
And how would this be accomplished?
| MrBubbles said: it is better to accumulate wealth in the hands of those that earned it. |
And how would this be accomplished?
Wealth is not the same thing as money.
Wealth means you can get whatever you want based on your wealth or that you have something that is desirable.
If I had a paper clip and you needed a paper clip the need for the clip shows my wealth.
In the same respect if I had 10 billion dollars and everyone else had 10 billion dollars then 10 billion dollars does not mean wealth.
Consequently people desire things and others achieve these things while others don't and the wealth perspective is just a perspective or situation.
I'm Unamerica and you can too.
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| theman88 said: It is called the trickle down theory. Even though the rich are rich, they spend all of that money in places that give other people jobs such as stocks, retail, car sales, etc. And the thing that everyone seems to forgot is that these rich peole get charged taxes on everything they spend money on. Spread the wealth rewards those that work and suck off the system. And by taxing the rich more, they will not spend the same. the reason taxes are done by percentages is because it equalizes the system 30 percent of a 10 million dollar income is 3 million dollars to the government. It all works out it just happens to be that this economy sucks right now. |
Poor people spend much more of their income. Therefore the best stimulus to an economy if you want higher spending is to cut taxes for the lower incomes not the higher incomes.
Trickle down doesn't seem to really work in practice. It just ends up with the rich being richer and bugger all trickling down.

The lower class and middle class do not need more money, that's the problem with trickling. The money only goes one place and that is up to the "top."
I would say that education for ambition and entrepeniourship should be priority as well as financial and economic educations being a core part of todays learning but... that is a failed effort in the making.
To be explicit: The people need the move in a way that promotes ambition, self-benefit, self-involvement, strategizing, precise value design, and how to execute a plan.
That would be enough to jump start America. But everyones looking at everything else.
I'm Unamerica and you can too.
The Official Huge Monster Hunter Thread:
raptors11 said:
So what you have a problem with inheritance? You think money shouldn't be able to be passed down to your children? I have no problem whatsoever with inheritance as long as people don't inherit a ton of money and use it as an excuse not to work. If I won the lottery I'd still stay in school and get a job. And when did I anyone ever say anythin about abolishing charity? Charity is fine as long as donating to charity is optional. My dad is wealthy and he donates both to our local hospital and to a local foundation for mentally retarded people. And should we leave people to die if they can't afford food? That's an interesting question, because I'm sure you'd be quick to say no but then I wonder how much have you donated to food banks or charities in your life? Do you personally help at all or do you think it should be up to the rich to provide food for the poor? |
So is the government of a country supposed to do nothing while a large portion of it citizens starve to death? The government should do what's best for all of it citizens, not just the ones that have the most cash. You can encourage job creation by cutting taxes on the wealthy, but you still need a safety net to help those at the bottom.
This "greed is good" attitude is what has the US on the verge of complete collapse.
Yes , I forgot about the road taxes and everything. Those we got here to. 19% VAT and 6 % VAT on Life products (food etc.). You also need to pay A LOT for a car. Depending on the cost of your car and the fuel efficiency. A car that costs around 20k Euro's , you need to pay another 7k tax. An Audi A4 costs around 26k but here it costs almost 33k because of taxes. You have taxes on water , gas , using the sewage system , fuel taxes.You pay taxes over the money you earn (if you own a company). Also you have to pay taxes when you pay someone to work. The person you pay has to pay income taxes. So they get more then enough money.
Some better explanation :
http://en.wikipedia.org/wiki/Wet_op_de_inkomstenbelasting_2001
http://en.wikipedia.org/wiki/Taxation_in_the_Netherlands
We pay a lot , but I personally think it is one of the best ruled country's in the world. Especially compared to country's like in the middle-east , most of Asia , and also America seems a bit of a mess.
thranx said:
Actually agree with you on something. GM should of failed also, or found its own funding. |
Yes , I forgot about the road taxes and everything. Those we got here to. 19% VAT and 6 % VAT on Life products (food etc.). You also need to pay A LOT for a car. Depending on the cost of your car and the fuel efficiency. A car that costs around 20k Euro's , you need to pay another 7k tax. An Audi A4 costs around 26k but here it costs almost 33k because of taxes. You have taxes on water , gas , using the sewage system , fuel taxes.You pay taxes over the money you earn (if you own a company). Also you have to pay taxes when you pay someone to work. The person you pay has to pay income taxes. So they get more then enough money.
Some better explanation :
http://en.wikipedia.org/wiki/Wet_op_de_inkomstenbelasting_2001
http://en.wikipedia.org/wiki/Taxation_in_the_Netherlands
We pay a lot , but I personally think it is one of the best ruled country's in the world. Especially compared to country's like in the middle-east , most of Asia , and also America seems a bit of a mess.
EDIT : Damn , I fail at editting post. Excuse me...
These companies were "Too big to fail", the media rode this, now the sad thing is most Americans were okay with this. The way I see this is that by the government "bailing out" these companies it's not in anyway similar to the "bailing out" of an individual.
The governement loaned these comapnies money when they gave the "bail out" unlike with the citizenry which was given a sum of cash, whatever it was.
The difference is that if the companies can not pay back the government then those companies become (well they are but more so than before) owned by the government. This means that the past failings fall on the people and that the Investors make money or recoup losses then ditch the ship.
The result will be that they walk scott free and tax payers get the brunt of it.
Well I'm sure there are some legal issues to bind them anyway. Just interesting that a "capitalistic" country can only maintain it's capitalism when things are going in the way of the government.
Human beings should not meddle with cause and effect or they risk falling into it's cogs.
I'm Unamerica and you can too.
The Official Huge Monster Hunter Thread:
whatever said:
So is the government of a country supposed to do nothing while a large portion of it citizens starve to death? |
Where in my post did I say that?
Noeuy wayua uou crazy fools, socialistm rocks!