View Full Version : Redistribution of Wealth.
redistribution of Wealth.
Some example of this are:
Building Roads
Bailing out Fannie/Freddie
Building sewage pipes
Bailing out Banks
Canadian Health Care
Public Libraries
I am interested in how redistribution of wealth is a negative or positive thing, in terms of these previously mentioned examples.
If you have other examples, feel free to give them.
Z
Canadian Health Care
We don't want any of that.
;)
Shabaz K
10-29-2008, 20:33
lol any reason Green.
lol any reason Green.
Green doesnt give reasons.
I might assume it is because we are all treated equally, and perhaps he is racist, or biased in some other form, and does not believe in equal rights to health among all people...
Z
We don't want any of that.
;)
Yeah, what he said.
Green doesnt give reasons.
I might assume it is because we are all treated equally, and perhaps he is racist, or biased in some other form, and does not believe in equal rights to health among all people...
Z
No, I like to poke fun at people on the vast superhighwaything called the internet.
Canadians are much fun targets.
And there is no such system as that gives equal rights anywhere on this earth.
Shabaz K
10-29-2008, 20:41
well you know how Americans are, who gives a **** what else thinks, its our world. lol
Yeah, what he said.
So u guys think roads should be built privately, and tolls should be on all roads, going to private entities?
same goes for health care, Water and other services?
Z
well you know how Americans are, who gives a **** what else thinks, its our world. lol
Well, it is. So why wouldn't we think like that? :P
edit:
same goes for health care, Water and other services?
Honestly, I would much rather prefer a huge cut of taxes and pay for healthcare if I wanted it, pay for water if I want it (already do that) and other services.
I am a big boy now. I would like to spend my own money I earn instead of having someone who doesn't know my needs do it for me.
The only problem with our healthcare system is the shortage of doctors. The states pays doctors more so many of our doctors go there instead :(
So u guys think roads should be built privately, and tolls should be on all roads, going to private entities?
same goes for health care, Water and other services?
Z
No, I didn't disagree with any of that stuff. Just the Canadian Health care
Why in the hell would I, a resident of Mobile Alabama, USA, want to pay for the health care for a bunch of Canadians? Pay your own ppl's healthcare.
:huh::huh:
No, I didn't disagree with any of that stuff. Just the Canadian Health care
Why in the hell would I, a resident of Mobile Alabama, USA, want to pay for the health care for a bunch of Canadians? Pay your own ppl's healthcare.
:huh::huh:
LMAO
well said...
But in seriousness... socialism is needed for certain things like this, roads, Water (and I mean sewage pipes and water treatment etc.) electricity...
certain things in this day should be provided for all. not luxouries, but things that we all deserve, and can collectively work for.
Now comes the issue of not working.
If u are lazy then your electricity gets cut off, your water ect.
IMO
Z
The only reason we pay taxes at all is so that the gov and "redistribute them"! So if I pay 3% less because I am middle class and people who make 250K in taxable income pay 3% more than currently that is fine by me. They can afford it!
And if I did make more than 250 I wouldnt mind paying 3% more in taxes in order to help out my fellow american brotheren!
But if both were required to pay say 10% with no allowances or deductions, wouldn't that be them paying a lot more than you as well?
But if both were required to pay say 10% with no allowances or deductions, wouldn't that be them paying a lot more than you as well?
indeed it would,
But as the wealthier people take more advantage of all the thing provided to us by taxes such as roads, they should pay exponentially more IMO.
how do they use them so much more? they are only 1 person?
roads for example, a venture capitalist may never dirve across country, maybe he uses commercial or private flights to go places... but, he uses those roads we all built to turns a massive profit by moving building materials, and merchandise across the country, wearing those roads.
Why would a poor person pay for the construction and upkeep of roads, and bridges that he/she would never have any part in wearing down?
a wealthy man can be responsible for 1000's of trucks roaming our roads daily.
Z
Calvin74
10-30-2008, 15:52
indeed it would,
But as the wealthier people take more advantage of all the thing provided to us by taxes such as roads, they should pay exponentially more IMO.
how do they use them so much more? they are only 1 person?
roads for example, a venture capitalist may never dirve across country, maybe he uses commercial or private flights to go places... but, he uses those roads we all built to turns a massive profit by moving building materials, and merchandise across the country, wearing those roads.
Why would a poor person pay for the construction and upkeep of roads, and bridges that he/she would never have any part in wearing down?
a wealthy man can be responsible for 1000's of trucks roaming our roads daily.
Z
if you are going to say that then shouldn't poor people be 100% responsible for welfare and medicaid?
i never saw a rich person using those "services"
Divine Intervention
10-30-2008, 15:52
Speaking of wealth redistribution:
Financial Situation
Money Circulation Amount : 6,295,372,426
Bank Deposits Amount : 4,045,421,297
Wealth Volume : 2,249,951,129
Exchange Rate : 1$ = 236837Credits
Poverty Line Limit : 2548734Credits
Poor Users : 385
Poverty Percentage : 39%
Wealth Line Limit : 63718344Credits
Rich Users : 8
Richs Percentage : 1%
if you are going to say that then shouldn't poor people be 100% responsible for welfare and medicaid?
i never saw a rich person using those "services"
it would make sense yes.
Poor People do pay some tax... I pay tax anyway, and I dont make fluff all.
Z
yeah you are not getting a dime from me and my 1.25 billion
Speaking of wealth redistribution:
Financial Situation
Money Circulation Amount : 6,295,372,426
Bank Deposits Amount : 4,045,421,297
Wealth Volume : 2,249,951,129
Exchange Rate : 1$ = 236837Credits
Poverty Line Limit : 2548734Credits
Poor Users : 385
Poverty Percentage : 39%
Wealth Line Limit : 63718344Credits
Rich Users : 8
Richs Percentage : 1%
ooga booga
10-30-2008, 16:08
indeed it would,
But as the wealthier people take more advantage of all the thing provided to us by taxes such as roads, they should pay exponentially more IMO.
how do they use them so much more? they are only 1 person?
roads for example, a venture capitalist may never dirve across country, maybe he uses commercial or private flights to go places... but, he uses those roads we all built to turns a massive profit by moving building materials, and merchandise across the country, wearing those roads.
Why would a poor person pay for the construction and upkeep of roads, and bridges that he/she would never have any part in wearing down?
a wealthy man can be responsible for 1000's of trucks roaming our roads daily.
Z
Don't worry Z I didn't take you off my ignore list, I just choose to view your post :) (a risk I was willing to take)
I bolded the part because I'm not sure if you are aware, but we have a thing called "Tax Brackets". The wealthier do pay a higher percentage. In fact, the top 1% of taxpayers made up for 50% of the government's tax income. That is already very high, and now Obama wants to make it even higher? People are getting punished for being wealthy and for striving to do well.
Divine Intervention
10-30-2008, 16:08
ya u not getting a dime from me and my 1.25 billion
http://www.jrbooksonline.com/jew-bwa-ha-ha.gif
Don't worry Z I didn't take you off my ignore list, I just choose to view your post :) (a risk I was willing to take)
I bolded the part because I'm not sure if you are aware, but we have a thing called "Tax Brackets". The wealthier do pay a higher percentage. In fact, the top 1% of taxpayers made up for 50% of the government's tax income. That is already very high, and now Obama wants to make it even higher? People are getting punished for being wealthy and for striving to do well.
I do realize this, and I understand tax brackets.
I do not think that the wealthiest 1 in 100 people should be paying 50% of the tax collected in your nation.
No one should be that wealthy.
I believe in a more socialist system.
one that would not allow any man to make more than perhaps 20 or 50 times that of another man on any given day.
Z
Don't worry Z I didn't take you off my ignore list, I just choose to view your post :) (a risk I was willing to take)
I bolded the part because I'm not sure if you are aware, but we have a thing called "Tax Brackets". The wealthier do pay a higher percentage. In fact, the top 1% of taxpayers made up for 50% of the government's tax income. That is already very high, and now Obama wants to make it even higher? People are getting punished for being wealthy and for striving to do well.
I don't buy this for one minute. The vast majority of tax income doesn't come from the rich at all, and I live in a country where they pay %50, yes %50 tax. The majority of tax is derived from the middle and working classes, since these make up the majority of the population.
ooga booga
10-30-2008, 16:43
I don't buy this for one minute. The vast majority of tax income doesn't come from the rich at all, and I live in a country where they pay %50, yes %50 tax. The majority of tax is derived from the middle and working classes, since these make up the majority of the population.
lol you don't buy it? It's a proven fact here in the States, whether you like it or not. That's the way it is. I believe our highest tax bracket is 35 or 36%. 50% is indeed ridiculous. However like I stated, the wealthier pay a higher percentage than the middle class on top of having more money to tax, thus they make up the majority of our taxes already. Not a hard concept... not sure why you have a hard time believing it, lol
lol you don't buy it? It's a proven fact here in the States, whether you like it or not. That's the way it is. I believe our highest tax bracket is 35 or 36%. 50% is indeed ridiculous. However like I stated, the wealthier pay a higher percentage than the middle class on top of having more money to tax, thus they make up the majority of our taxes already. Not a hard concept... not sure why you have a hard time believing it, lol
if its true it is only because of the massive divide in rich poor.
the only thing wrong with that is that there are too few rich people.
instead of the top 1% it should be the top 5 or 10% (perhaps, Im not sure what would be the best #)
so all u need to do is distribute the wealth more evenly, and your problem is solved.
In Canada the Richest of people (the highest bracket) pays around 50%
the % goes down as the income drops of course.
Z
Max Logan
10-30-2008, 16:57
I do realize this, and I understand tax brackets.
I do not think that the wealthiest 1 in 100 people should be paying 50% of the tax collected in your nation.
No one should be that wealthy.
I believe in a more socialist system.
one that would not allow any man to make more than perhaps 20 or 50 times that of another man on any given day.
Z
I`m sorry I work harder then other, spending more time and making more money. I know I should work and then give all my earnings away to people who spend their lives doing nothing. I understand, social equality and all!
I`m sorry I work harder then other, spending more time and making more money. I know I should work and then give all my earnings away to people who spend their lives doing nothing. I understand, social equality and all!
I doudt I speak about you Max... unless you make 10-100 times minimum wage, like some wealthy people in amerika.
These are the people i think should pay more tax.
Are u a venture capitalist?
I'm talking people who make millions in a year, in often non conventional ways.
Z
Max Logan
10-30-2008, 17:05
I doudt I speak about you Max... unless you make 10-100 times minimum wage, like some wealthy people in amerika.
These are the people i think should pay more tax.
Are u a venture capitalist?
I'm talking people who make millions in a year, in often non conventional ways.
Z
non conventional? lol whatever
Those people do pay more tax. In most countries in the world the system is like that. But theres always a limit to how much you pay. You don`t expect that someone who earns 10000 after tax pay will have the same money left as the one who earns 100000. If they did, that just a massive theft performed by the country.
non conventional? lol whatever
Those people do pay more tax. In most countries in the world the system is like that. But theres always a limit to how much you pay. You don`t expect that someone who earns 10000 after tax pay will have the same money left as the one who earns 100000. If they did, that just a massive theft performed by the country.
See some people know how to work one end of the system: Welfare Bums
Some people know how to work the other end of the system: Venture Capitalists, investors.
I would propose eliminateing both.
What is so different from someone inheriting 50M dollars and living in luxary off the interest from investments, Doing NOTHING, than someone born into poverty and living off walfare doing nothing.
I dont like either of these types of situations equally.
If we rid oursleves of one, we should rid ourselves of both.
Z
Some people know how to work the other end of the system: Venture Capitalists, investors.
I would propose eliminateing both.
Yea, stop them from investing that way they just sit on their nest egg.
Brilliant.
Max Logan
10-31-2008, 00:07
this is 2 post spam chain rule
and guess who started it...
and it looked like a promising thread.
anyway, Z, you`re not just meaning the rich slackers that get their heritage and then life the life doing nothing. The tax will affect mostly those who work hard so that their children can have everything. Which does go with the heritage part.
You can`t punish him just because he makes more. Using your words, that would be wrong
Shabaz K
10-31-2008, 18:58
i just hate it that these rich people have these special pirvs. over us ordinary people. sure i dont mind them having some tax breaks but they seem to get too much of it then the people below who in my mind really deserve it.
Well atleast in Canada its not that bad, though if the conservtives have there way that may change, but first they need a majority
According to the US Census Bureau, the top 6.37% in the US earned approximately 1/3 of all income in 2006. Income inequality in the US reached a new high in 2006, and 12.3% lived below the official poverty line etc. etc. No need to cry for the wealthy ppl in the US, they just received $50 bill. bailout (redistribution of wealth) to help them keep the gap at the same level in the future...;)
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