The Rich are Richer Than Ever Before (dollar, financial, government)
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You know what is interesting to me? 92 of these 400 live in California. Texas only has 35 (same with Florida). For all the talk about how the rich don't want to pay taxes (and California passing that law that taxed the rich extra) -- they still stay in blue California. Why is that?
California has approx. 10% of the USA population, yet it has 25% of the Forbes 400.
California is home to most of the tech companies, which is where most of our economy's growth is currently happening as investment capital is pouring into those industries -- six companies accounted for half of the growth in the NASDAQ in 2015.
Looking at the list, lots of them have been made billionaires overnight as their sites or apps have caught fire, like the founders of very new companies like WhatApp and Uber. These guys have amassed more wealth in a couple of years than someone like George Lucas has in four decades.
Liberals don't understand the concept of "creating wealth." They think there is only one big pie, and when someone becomes rich, it is at someone else's expense. They don't understand economics. They've been brainwashed.
Hey! Elizabeth Warren! Is that you? (She thinks the system is rigged, but it's her Party that has rigged it)
Well if you understand the concept of creating wealth, why aren't you wealthy?
Yes, but it's funny that they pick the high tax state. Or, perhaps that proves a point.
Some
most of the super rich have houses all over the country. Its where they declare residency. I heard Joan Rivers lived in NY but actually declared residency in CA. CA had a better death tax for her amount of money. For the aging super rich most declare residency in a better State. I mean they really don't live in their old age in NJ. HAHA!!
Liberals don't understand the concept of "creating wealth." They think there is only one big pie, and when someone becomes rich, it is at someone else's expense. They don't understand economics. They've been brainwashed.
Hey! Elizabeth Warren! Is that you? (She thinks the system is rigged, but it's her Party that has rigged it)
You're exactly right. I call it the "Liberal Finite Money Theory." Can't tell you how many times i've had to pitch the same argument you make here. There are so many liberal dumbasses it's mindboggling.
Republicans have preached for my entire life that the economy will take off if only we give the rich a little more money.
Well at this point they have pretty much ALL the money.
Where's the prosperity we've been promised?
Baloney. Republicans want EVERYONE who pays taxes to keep more of their own money. But you read that as 'the rich'.
And while I don't support subsidizing and bailouts, raping wealthy people of their wealth simply because you detest wealth isn't Capitalism and it isn't Democracy. It Stalinism.
A while back, didn't Michelle Bachmann worry about the coming millionaire shortage?
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