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Old 03-06-2013, 04:13 PM
 
Location: the very edge of the continent
89,061 posts, read 44,888,566 times
Reputation: 13718

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Quote:
Originally Posted by freemkt View Post
They're not excluded, they are laughing all the way to the bank.
Why exclude their holdings from wealth analysis then?
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Old 03-06-2013, 04:17 PM
 
33,016 posts, read 27,480,969 times
Reputation: 9074
Quote:
Originally Posted by OhioRules View Post
He is paying capital gains taxes.

She is paying income taxes.

Different taxes = different rates

Right, because wealthy people's income is more equal - more special - than employee income.
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Old 03-06-2013, 04:17 PM
 
Location: West Coast of Europe
25,947 posts, read 24,764,037 times
Reputation: 9728
Quote:
Originally Posted by ringwise View Post
I must have missed something - was he convicted and I missed it?
Just today I read this article: http://www.nytimes.com/2013/03/07/te...anted=all&_r=0

A quarter of a billion dollar fine. And this isn't the first time MS has to pay such fines...
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Old 03-06-2013, 04:18 PM
 
33,016 posts, read 27,480,969 times
Reputation: 9074
Quote:
Originally Posted by InformedConsent View Post
Why exclude their holdings from wealth analysis then?

To better convey how heartily they are laughing all the way to the bank.
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Old 03-06-2013, 04:20 PM
 
Location: Columbus, OH
3,038 posts, read 2,515,615 times
Reputation: 831
Quote:
Originally Posted by freemkt View Post
Right, because wealthy people's income is more equal - more special - than employee income.
Tell your Congressman. They set tax rates, not me. I don't give a rat's arse what Buffet or his secreary pay in taxes.

If it were up to me nobody would pay taxes.

I'm also not interested in hearing about your resentment against people that have money.

Go cry to someone else.
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Old 03-06-2013, 04:22 PM
 
Location: the very edge of the continent
89,061 posts, read 44,888,566 times
Reputation: 13718
Quote:
Originally Posted by freemkt View Post
To better convey how heartily they are laughing all the way to the bank.
That makes no sense. Why should a property owner laugh any more than a financial asset holder or stockholder?
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Old 03-06-2013, 04:22 PM
 
Location: Columbus, OH
3,038 posts, read 2,515,615 times
Reputation: 831
Quote:
Originally Posted by freemkt View Post
`You think there's no relationship between growing inequality and declining family values?
Values are not defined by income.
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Old 03-06-2013, 04:24 PM
 
Location: West Coast of Europe
25,947 posts, read 24,764,037 times
Reputation: 9728
Quote:
Originally Posted by OhioRules View Post
Tell your Congressman. They set tax rates, not me. I don't give a rat's arse what Buffet or his secreary pay in taxes.

If it were up to me nobody would pay taxes.

I'm also not interested in hearing about your resentment against people that have money.

Go cry to someone else.
Americans already pay way too little in taxes. How do you think a country can be maintained without taxes?
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Old 03-06-2013, 04:25 PM
 
Location: Columbus, OH
3,038 posts, read 2,515,615 times
Reputation: 831
Quote:
Originally Posted by freemkt View Post
Except at the bottom of the wage scale, which is why political pressure builds from time to time to increase the minimum wage.
People that make minimum wage do not vote.

They also don't donate to campaigns, write letters to the editor etc...

They are politcally insignificant.
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Old 03-06-2013, 04:27 PM
 
Location: Columbus, OH
3,038 posts, read 2,515,615 times
Reputation: 831
Quote:
Originally Posted by Neuling View Post
Americans already pay way too little in taxes.

That's your opinion.


How do you think a country can be maintained without taxes?
Personally, I would privatize everything.

This would save all these "controversies" that are government created. Like the wealth gap for example.

If we need a government then they can sell bonds and stuff like that.
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