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No it doesn't. They are being taxed the same regardless of if it comes from investment income or work income. You're under some pretense that they should be "rewarded" for not working but contributing to financial speculation.
It is immoral AND destructive to the welfare of the nation to tax either.
Investing is NOTHING like gambling unless you are investing in the casino.
Along with many other major differences, there is no assets, physical property or intellectual property, involved in gambling.
What kind of "investing" are you doing? If you are "investing" by giving your brother-in-law $10,000 so he can go to Hollywood, become a star and then pay you back $100,000, then yes, you would be gambling.
This really says something about your financial acuity.
No it used to be you invested in the stock market you would win or lose. Today we have rigged the game so investors always win. By changing the finance laws and banking laws people have put the corporation more at the mercy of investors and stockholders. Some tools used to get max profits is to cut wages and benefits or jobs and let the taxpayer pay for welfare programs for there low wage employees. Hire lobbiest to saturate DC and push for tax cuts, incentives and corporate welfare. Move overseas.
All of that to eliminate risk, which is just a fancy way of being entitled to make profit. But the employees who invest there blood sweat and tears are not entitled to a raise. Selective morality and classism.
No it used to be you invested in the stock market you would win or lose. Today we have rigged the game so investors always win. By changing the finance laws and banking laws people have put the corporation more at the mercy of investors and stockholders.
A significant percentage of which, you somehow fail to realize, are union members and others saving and investing for their retirement. Retirement plans, in their various forms, hold over $27 trillion worth of investments. I've already posted the EBRI link verifying that amount.
Location: Just transplanted to FL from the N GA mountains
3,997 posts, read 4,142,400 times
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Quote:
Originally Posted by hawaiian by heart
^^^^^^
All of that to eliminate risk, which is just a fancy way of being entitled to make profit. But the employees who invest there blood sweat and tears are not entitled to a raise. Selective morality and classism.
Not all employee's put in blood, sweat and tears. Want a raise... work for it.
No it used to be you invested in the stock market you would win or lose. Today we have rigged the game so investors always win. By changing the finance laws and banking laws people have put the corporation more at the mercy of investors and stockholders. Some tools used to get max profits is to cut wages and benefits or jobs and let the taxpayer pay for welfare programs for there low wage employees. Hire lobbiest to saturate DC and push for tax cuts, incentives and corporate welfare. Move overseas.
ROFLMAO!!!
"Today we have rigged the game so investors always win."
If this were the case, we could not ask for a better system.
If investors always won, our economy would be awesome, almost nobody would need social security to retire and upward mobility would be practically insured.
"finance laws and banking laws people have put the corporation more at the mercy of investors and stockholders"
Are you saying corporations shouldn't be at the mercy of "investors and stockholder", aka, the people who own the company?
Well, at least you essentially proved my earlier point and did it in a clear way to any person of reason.
Are you saying it isnt true? Compare the state of things from like the 70s- today. Why are people complaining about low wages, why are corporations threatening to move to other countries, why isn't the record trillion dollar profits each year enough?
Fine ignore the truth because one word is off.
Our economy is awsome and the best its ever been. For the top half.
No Corperations first primary job is to provide a service to our society. You do that and profits take care of themselves. Todays corporations have switched that. Ever noticed how customer service has gotten overall crappy? Its a symptom. Ever notice even when proven wrong or that they made a mistake that banks often leave a taste that you are there to serve them?
Whats the biggest change before our last recession? Besides wealth and income inequalities? Think about it.
Great saying. Keep thinking the way we do, we will keep getting what we do. Our finest thinking got us here. Maybe its time to change how we see things?
A significant percentage of which, you somehow fail to realize, are union members and others saving and investing for their retirement. Retirement plans, in their various forms, hold over $27 trillion worth of investments. I've already posted the EBRI link verifying that amount.
So your point? The ends justify the means? Anotherwords its ok to hold america and her workers hostage because majority of the supposing investment stocks are for retirees? I bet not one of those lil old retirees owns the majority share of stocks? I doubt if you combined all the retirees stocks in a corporation that it wouldnt even be the major controling stockholder? 1000000 shareholders owning low shares of stocks don't even get invitted to shareholders meetings.
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