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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 12-22-2021, 04:07 PM   #1
Pete F.
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Elon Musk has with the aid of his corporate structure and paid lobbyists decimated middle America
All the corporatists are killing the America that was great.
The middle class is consistently shrinking

Since 1995, the top 1% took 38% of all additional wealth. The bottom half took 2%.

The last time things were this imbalanced was the period right before the Great Depression. Hard for people to survive when all the money goes to those who don't need it
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Old 12-23-2021, 05:49 AM   #2
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Quote:
Originally Posted by Pete F. View Post

Since 1995, the top 1% took 38% of all additional wealth. The bottom half took 2%.


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took or created?...whose wealth did Elon Musk take?
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Old 12-23-2021, 07:03 AM   #3
Jim in CT
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Quote:
Originally Posted by scottw View Post
took or created?...whose wealth did Elon Musk take?
exactly, exactly, exactly.

Liberals can’t concede the notion of creating wealth. to them, it can only be stolen. To Pete, wealth is finite, it’s like a pizza. If Musk takes. ire for himself, that means there’s less for the rest of us. It’s laughably stupid. they act as if GDP is a fixed number, it never changes.

I’d love to see him respond to this.

Musk has created 71,000 jobs in the US and is about to pay $11B in taxes. And he’s a net negative to America, because he’s not an uber liberal. Notice they aren’t attacking warren buffet or jeff bezos.
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Last edited by Jim in CT; 12-23-2021 at 07:18 AM..
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Old 12-23-2021, 07:13 AM   #4
Jim in CT
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Quote:
Originally Posted by Pete F. View Post

Since 1995, the top 1% took 38% of all additional wealth. The bottom half took 2%.


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In 2018, the top 1% paid 40% of total federal income tax. Thats pretty in line with their percentage of wealth.

Pete in another post, you bragged about how the uber wealthy are now democrats. Yet here you are demonizing them. Which is it?

Also, if our tax system is way too friendly to the wealthy, why aren’t democrats ( who run everything) doing anything to fix it?

It was always be imbalanced, and in a healthy economy that imbalance will grow, because they have more money to invest. if the s&p500 grows by 20% next year, and i have $100,000 in the stock market but warren buffer has $20 billion in the stock market, he profits more than i do.

Who cares? He will pay taxes on it, spend some, put some in the bank, invest some, give some
to charity, all of which helps the country.

How would you change that? would you pass a law that says after your net worth exceeds some amount, you have to keep all your money in your mattress?

They aren’t stealing from you, not much anyway. They get some subsidies for sure that they don’t need.

https://www.google.com/amp/s/www.fox...e-us-taxes.amp

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Old 12-23-2021, 10:15 AM   #5
Pete F.
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Quote:
Originally Posted by Jim in CT View Post
In 2018, the top 1% paid 40% of total federal income tax. Thats pretty in line with their percentage of wealth.

Pete in another post, you bragged about how the uber wealthy are now democrats. Yet here you are demonizing them. Which is it?

Also, if our tax system is way too friendly to the wealthy, why aren’t democrats ( who run everything) doing anything to fix it?

It was always be imbalanced, and in a healthy economy that imbalance will grow, because they have more money to invest. if the s&p500 grows by 20% next year, and i have $100,000 in the stock market but warren buffer has $20 billion in the stock market, he profits more than i do.

Who cares? He will pay taxes on it, spend some, put some in the bank, invest some, give some
to charity, all of which helps the country.

How would you change that? would you pass a law that says after your net worth exceeds some amount, you have to keep all your money in your mattress?

They aren’t stealing from you, not much anyway. They get some subsidies for sure that they don’t need.

https://www.google.com/amp/s/www.fox...e-us-taxes.amp

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Total thefts per year: $13 billion
Wage theft by companies per year: $15 billion

News stories this year on shoplifting: 11,600
News stories this year on wage theft: 2,000

Total police officers: 700,000
Investigators focused on wage theft: 765
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Niles: You have met “people”, haven’t you?

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