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Old 03-09-2017, 11:50 AM
 
22,768 posts, read 30,745,293 times
Reputation: 14745

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Quote:
Originally Posted by lifeexplorer View Post
Name one company that was NOT built by the rich people.
Dell
Microsoft
Google
Facebook
Apple
Starbucks
Mattel
Molson Coors
Nordstrom
eBay
Amazon
Disney
Harley Davidson
Hewlett Packard
Caterpillar
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Old 03-09-2017, 11:54 AM
 
26,694 posts, read 14,576,036 times
Reputation: 8094
Quote:
Originally Posted by unihills View Post
You're right, that's not hypocrisy. It's merely delusion.

Based on wealth distribution numbers since Reagan, one could say the reality is more like trickle up, not trickle down.

Rich keep getting richer, not in and of itself a bad thing if everyone's lot improved, but it comes on the backs of lower classes becoming even poorer.
How is that possible when 90% of the rich people become poor after 3 generations?
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Old 03-09-2017, 11:55 AM
 
26,694 posts, read 14,576,036 times
Reputation: 8094
Quote:
Originally Posted by le roi View Post
Dell
Microsoft
Google
Facebook
Apple
Starbucks
Mattel
Molson Coors
Nordstrom
eBay
Amazon
Disney
Harley Davidson
Hewlett Packard
Caterpillar
Please read Page 18-20. You just proved my point right. All of those companies are built by rich people.

For example:

"Apple was incorporated January 3, 1977,[29] without Wayne, who sold his share of the company back to Jobs and Wozniak for $800. Multimillionaire Mike Markkula provided essential business expertise and funding of $250,000 during the incorporation of Apple."
https://en.wikipedia.org/wiki/Apple_..._incorporation
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Old 03-09-2017, 12:13 PM
 
22,768 posts, read 30,745,293 times
Reputation: 14745
That was a year after it was founded
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Old 03-09-2017, 12:14 PM
 
26,694 posts, read 14,576,036 times
Reputation: 8094
Quote:
Originally Posted by le roi View Post
OK so that's one

Now for the others?
Read Page 18-21. I listed a lot of them.
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Old 03-09-2017, 12:16 PM
 
8,924 posts, read 5,632,022 times
Reputation: 12560
That was the cornerstone of Ronald Reagans administration. Seems to never have gone away either.
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Old 03-09-2017, 12:17 PM
 
Location: the very edge of the continent
89,060 posts, read 44,877,895 times
Reputation: 13718
Quote:
Originally Posted by Metsfan53 View Post
Except that's not a correct analogy.
Actually, it is, unless you somehow think those who pay higher tax amounts have super secret access to a whole other plethora of government-provided services and benefits.

Hint: They don't.
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Old 03-09-2017, 12:22 PM
 
Location: the very edge of the continent
89,060 posts, read 44,877,895 times
Reputation: 13718
Quote:
Originally Posted by Metsfan53 View Post
What are you even trying to argue here? I think you are so lost on your hatred of libs that you ceas d making sense? Are big banks and hedge funds lining up to argue for higher taxes and tighter regulation?
They're just simply more intelligent. It's the stupid pension check receivers both present and future who are whining about corporate profits, etc. And the same idiots will then whine if their pension checks are subsequently cut in half or void altogether.

Last edited by InformedConsent; 03-09-2017 at 12:48 PM..
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Old 03-09-2017, 12:29 PM
 
Location: the very edge of the continent
89,060 posts, read 44,877,895 times
Reputation: 13718
Quote:
Originally Posted by pknopp View Post
Wall Street went bankrupt and went crying like three year olds for the government to force the taxpayers to bail them out.
And if they didn't, guess what happens to the $27 trillion in pension/retirement investments, including YOURS?

Quote:
It's only a matter of time before this all stops.
Hopefully resulting in YOUR pension getting completely wiped out to zero, right?
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Old 03-09-2017, 12:32 PM
 
Location: Houston
26,979 posts, read 15,899,377 times
Reputation: 11259
My 401K is highly dependent on corporate taxes remaining the same or decreasing. When the rich get richer I do too. When the rich get poorer I do too. When the poor get richer through government aid I get poorer.
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