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Pensacola Discussion Forum » Politics » Wealth Distribution in the US - video

Wealth Distribution in the US - video

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2seaoat
Sal
Floridatexan
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Floridatexan

Floridatexan


http://www.dailyfinance.com/on/Wealth-Inequality-in-America-viral-video-Politizane/?icid=maing-grid7%7Cmain5%7Cdl1%7Csec1_lnk2%26pLid%3D278339

Floridatexan

Floridatexan



Yea...it worked!

Sal

Sal

I saw that video earlier this week.

Very well done graphically.

Floridatexan

Floridatexan


I remember a professor in 2000 talking about income inequality. Much has changed since then...not for the better. The handwriting was on the wall then. The linchpin was 9/11. That's why it's hard for me to believe than anyone wouldn't question the events of that day.

2seaoat



When in the early 80s we began the process of eliminating the estate tax, we guaranteed a skewed wealth distribution. The estate tax serves a very useful purpose on the very top earners, yet today we continue to allow them to transfer enormous wealth to another generation without consequences.

This is the biggest problem facing America, and the thought of taxing those who have skated for 30 years becomes socialism.......not even close. This nation has to break our colonial status now.

Guest


Guest

2seaoat wrote:When in the early 80s we began the process of eliminating the estate tax, we guaranteed a skewed wealth distribution. The estate tax serves a very useful purpose on the very top earners, yet today we continue to allow them to transfer enormous wealth to another generation without consequences.

This is the biggest problem facing America, and the thought of taxing those who have skated for 30 years becomes socialism.......not even close. This nation has to break our colonial status now.

your against allowing parents to give thier wealth to thier children upon death?

perhaps when you die the GOV will seize all your assets and give them to the welfare group. Only if your lucky though. im sure this will make you happy as you leave this world. At last you will be able torest in peace. all you worked for finally will be going to where you have always wanted it to go but never had the guts to do it while alive. to those who truely deserve it other than your own children. ironic huh

Floridatexan

Floridatexan

Chrissy wrote:
2seaoat wrote:When in the early 80s we began the process of eliminating the estate tax, we guaranteed a skewed wealth distribution. The estate tax serves a very useful purpose on the very top earners, yet today we continue to allow them to transfer enormous wealth to another generation without consequences.

This is the biggest problem facing America, and the thought of taxing those who have skated for 30 years becomes socialism.......not even close. This nation has to break our colonial status now.

your against allowing parents to give thier wealth to thier children upon death?

perhaps when you die the GOV will seize all your assets and give them to the welfare group. Only if your lucky though. im sure this will make you happy as you leave this world. At last you will be able torest in peace. all you worked for finally will be going to where you have always wanted it to go but never had the guts to do it while alive. to those who truely deserve it other than your own children. ironic huh

It's hard to believe that anyone could be as stupid as you are demonstrating.

ZVUGKTUBM

ZVUGKTUBM

My three siblings and myself are grateful that my late father's estate is passing to us untouched by the estate tax. He died last December, while the exclusion was still at $5 million. Some of the more valuable portions of his holdings included assets that have been in his family since the late 1800s. My sibs and I will be the 4th generation to own a portion of them. So, we were very happy to not have to worry about estate taxes.

http://www.best-electric-barbecue-grills.com

Guest


Guest

Floridatexan wrote:
Chrissy wrote:
2seaoat wrote:When in the early 80s we began the process of eliminating the estate tax, we guaranteed a skewed wealth distribution. The estate tax serves a very useful purpose on the very top earners, yet today we continue to allow them to transfer enormous wealth to another generation without consequences.

This is the biggest problem facing America, and the thought of taxing those who have skated for 30 years becomes socialism.......not even close. This nation has to break our colonial status now.

your against allowing parents to give thier wealth to thier children upon death?

perhaps when you die the GOV will seize all your assets and give them to the welfare group. Only if your lucky though. im sure this will make you happy as you leave this world. At last you will be able torest in peace. all you worked for finally will be going to where you have always wanted it to go but never had the guts to do it while alive. to those who truely deserve it other than your own children. ironic huh

It's hard to believe that anyone could be as stupid as you are demonstrating.

shut up dreams

Guest


Guest

ZVUGKTUBM wrote:My three siblings and myself are grateful that my late father's estate is passing to us untouched by the estate tax. He died last December, while the exclusion was still at $5 million. Some of the more valuable portions of his holdings included assets that have been in his family since the late 1800s. My sibs and I will be the 4th generation to own a portion of them. So, we were very happy to not have to worry about estate taxes.

congradualations to you for having parents who worked hard and aquired the american dream and are passing on thier hard earnings to you as i am sure thats how they would have prefered it.

Why some people think its ok to tax this money AGAIN just because the person dies is beyond me. thats what parents are supposed to do, do well, work hard, make good decisions and pass that on thier off spring. Why do people have a hard time with this? fact is, this type of law hurts farming families more than anything. It hurts lots of people but farmers especially.

These money stealing people need to get a grip. This country IS NOT about stealing from others to give to others.

if these so called do gooders want to do good, then they need to do it with thier own money and contribute to charities, or start a charity.

They really need to stop stealing from others hard work and giving to those who really for the most part just dont give a shit and have thier hand out.

Im sick of these unamerican wealth distributors. They are killing the country.

Floridatexan

Floridatexan


Did you even look at the video, Chrissy? Are figures meaningless to you? I thought your career was based on figures...tiny fractions of figures...why don't you get the same nuances when it comes to economics and particularly economic inequality? Use your brain, if you can find it.

Guest


Guest

What is in the way of people to become wealthy?

No one is sitting somewhere going oh, they cant be wealthy because this means i will be less wealthy. It doesnt work that way. The pie is not a set portion. The pie grows as you grow, as we grow.

Why are people so angry and spending so much of thier time being angry that a group of people have made it. is it because they are angry they have not made it?

No one is stopping poorer people from making good decisions and plans to become wealthy. The rich are not stopping you at all.

Who really is stopping you? Is it you? is it the Gov regulations?

Weve become a country of people so consumed by what the rich man has, that many of us feel doomed that there isnt any money left for us. again, it doesnt work like that.

and what shall we do, since we are being fed this bunch of bull shit hog wash that the rich has all the money and that means we will never have any. Cry to the gov so they can take it away and give it to us. and when they take it away and give it to us, again, we wont have any drive to get any pie for ourselves, after all , we have thier pie LOL.

continue down this road and what happens is no one has pie. because people wont want to work for thier share of the pie if it is given to them. and what happens then? well you see a large difference in wealth distribution. welcome to the world you have created. Feel free to call it mexico economics LOL



Last edited by Chrissy on 3/10/2013, 5:22 pm; edited 1 time in total (Reason for editing : yes, i looked at the video)

Markle

Markle

Floridatexan wrote:

Yea...it worked!

Why do workers legally immigrate to America?

Where did you learn that all income in the United States should be spread equally among the workers?

Do you believe that workers, currently in one income bracket basically remain in that bracket all their lives?

How do you justify people who have refused to play by the rules all their lives, let others do the heavy lifting, and then be ENTITLED to live a comfortable life with funds taken forcibly from others?

When you were a child, if you were severly punished for something, did you continue to do my of that forbidden act in order to receive increasingly severe punishment?

How does that work?

Why is it important to you to severly punish people playing by the rules in order to reward the others riding in the wagon?

Wealth Distribution in the US - video MuleandWagon

2seaoat



The estate tax exemption was 125k in 1982. It is now five million. About a thirty fold increase.....tell me anything which has increased thirty fold in that time period.....you will begin to figure out what the problem has become.

Guest


Guest

Floridatexan wrote:
Chrissy wrote:
2seaoat wrote:When in the early 80s we began the process of eliminating the estate tax, we guaranteed a skewed wealth distribution. The estate tax serves a very useful purpose on the very top earners, yet today we continue to allow them to transfer enormous wealth to another generation without consequences.

This is the biggest problem facing America, and the thought of taxing those who have skated for 30 years becomes socialism.......not even close. This nation has to break our colonial status now.

your against allowing parents to give thier wealth to thier children upon death?

perhaps when you die the GOV will seize all your assets and give them to the welfare group. Only if your lucky though. im sure this will make you happy as you leave this world. At last you will be able torest in peace. all you worked for finally will be going to where you have always wanted it to go but never had the guts to do it while alive. to those who truely deserve it other than your own children. ironic huh

It's hard to believe that anyone could be as stupid as you are demonstrating.

Believe it. It's a big part of her personality.

Markle

Markle

2seaoat wrote:The estate tax exemption was 125k in 1982. It is now five million. About a thirty fold increase.....tell me anything which has increased thirty fold in that time period.....you will begin to figure out what the problem has become.

Your point being?

2seaoat



Your point being?


Rolling the estate tax exclusion to one million is not socialism, it is a prudent return to reality. When you allow the wealthy to game the system and pass wealth from generation to generation without contribution because they have bought and paid for congress.......well sanity must be returned to the system.

Guest


Guest

2seaoat wrote:Your point being?


Rolling the estate tax exclusion to one million is not socialism, it is a prudent return to reality. When you allow the wealthy to game the system and pass wealth from generation to generation without contribution because they have bought and paid for congress.......well sanity must be returned to the system.

Do you hear yourself?

At what point did you become so brainashed? really.

gaming the system is passing your wealth on to your children when you die. serious bull shit. The money is taxed while the person is living. why should it be taxed again at all if the person dies. a death penalty. what is this a you got a rich daddy penalty? the money will also be taxed at normal rates after the family inherits it as income or however the estate come into thier possesion.

so why are we taxing AGAIN this income that the parents earned? the only gaming the system here is the highway ROBBERY of the gov punishing families for creating personal wealth.

Sal

Sal

Meritocracy is good for the economy and promotes a healthy society.

That's no longer what were seeing in this country.

We are well on our way down the path to plutocracy where there is a massive and increasing concentration of wealth in the hands of a few, with a rapidly closing window of opportunity for everyone else.

The wealth of the 400 wealthiest Americans has increased over fivefold over the past 20 years, while the middle class has been diminished and poverty has exploded.

Over two-thirds of the 400 wealthiest Americans did nothing notable to earn their place on that list other than be being born into fabulously wealthy families.

These people weren't born on third base, they were born on home plate.

This is a rigged game.

It's also unsustainable.

The radical concentration of wealth for the few at the expense of the impoverished masses is a recipe for social unrest and a total collapse of our economic system.

The sad thing is that many of the sheep on this forum are defending and singing the praises of the shears.

Guest


Guest

Sal wrote:Meritocracy is good for the economy and promotes a healthy society.

That's no longer what were seeing in this country.

We are well on our way down the path to plutocracy where there is a massive and increasing concentration of wealth in the hands of a few, with a rapidly closing window of opportunity for everyone else.

The wealth of the 400 wealthiest Americans has increased over fivefold over the past 20 years, while the middle class has been diminished and poverty has exploded.

Over two-thirds of the 400 wealthiest Americans did nothing notable to earn their place on that list other than be being born into fabulously wealthy families.

These people weren't born on third base, they were born on home plate.

This is a rigged game.

It's also unsustainable.

The radical concentration of wealth for the few at the expense of the impoverished masses is a recipe for social unrest and a total collapse of our economic system.

The sad thing is that many of the sheep on this forum are defending and singing the praises of the shears.

Sal id like you to answer this question for me. I got to run off here for the day but Id like to see an honest answer to this.

How does having wealthy people inhibit any person from obtaining thier own wealth?

Guest


Guest

If you really want to confiscate wealth then you should eat the educated 45-65 demographic... why wait for death?

Sal

Sal

Chrissy wrote:
How does having wealthy people inhibit any person from obtaining thier own wealth?

What an odd question.

No one's talking about not "having wealthy people".

I'm talking about leveling the playing field, if even ever so slightly.

Maybe if the system wasn't so rigged against the working class, we'd be able to afford nice things like a living wage, affordable healthcare, and a dignified retirement like we used to.

Why are you against broad prosperity and for dynastic wealth?

Guest


Guest

The State Central Committee for economic planning took care of that in Russia with a five year plan. We might need more prisons... but they really do pay for themselves in this case. Power to the people..!!

Sal

Sal

PkrBum wrote:The State Central Committee for economic planning took care of that in Russia with a five year plan. We might need more prisons... but they really do pay for themselves in this case. Power to the people..!!

Yes.

Because allowing the estate tax to return to Clinton-era levels is exactly the same thing as Stalinism ...

... because of tyranny, or something.

Rolling Eyes

Guest


Guest

Sal wrote:
Chrissy wrote:
How does having wealthy people inhibit any person from obtaining thier own wealth?

What an odd question.

No one's talking about not "having wealthy people".

I'm talking about leveling the playing field, if even ever so slightly.

Maybe if the system wasn't so rigged against the working class, we'd be able to afford nice things like a living wage, affordable healthcare, and a dignified retirement like we used to.

Why are you against broad prosperity and for dynastic wealth?


Why do you think that is a odd question? because its not. You act as if money is getting taken away from everybody else when those people make it.

What do you mean by leveling the playing feild?

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