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Much of the richest Americans wealth was not earned by them. All they did was to fortunately be born into the right family and simply inherited it.
By born into the right family, it actually means into a family that focuses on education, lives a frugal life, instills good work ethics and obeys the law.
With that, you would become a millionaire by the age of 50.
Lifeexplorer: So, what's wrong with some people have more money than others?
Leftists: Look at the gap.
Lifeexplorer: OK, I see the gap. So, what's wrong with it?
Leftists: LOOK AT THE GAP!
Lifeexplorer: OK, I see the gap. Could you please explain what the problem is?
Leftists: LOOK AT THE GAP! LOOK AT THE GAP! LOOK AT THE GAP! LOOK AT THE GAP!
Lifeexplorer:
Society is not created to grossly enrich a select few. Those who benefit greatly from the structure of our nation should contribute more back into it, as it allowed them to accumulate riches that would make Egyptian pharaohs jealous. The pity for a billionaire paying the same tax rate as someone making 100k....I don't see where it comes from.
when you're ready to understand the error of your ways with this statement, let us know.
the Pharaohs had 100% of the wealth, and all those pyramids, tombs, coffins, etc were from slave labor.
How would you feel if a small group of politicians and agencies were able to make most of the laws in the country, and you couldn't vote them out of office?
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
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Quote:
Originally Posted by lifeexplorer
The only thing that drives up the housing price is demand, not because Jeffs are rich.
Please explain why driving up the cost of housing is a bad thing.
Are you suggesting if everybody is equally rich, which also means, equally poor, the housing price would be affordable to everybody?
Lets say you have a hypothetical village with 5 people and 5 houses available. They all make $50k per year, so the houses only cost $150k each.
Now lets add a 6th person, but keep those same 5 houses available. This 6th person is a millionaire. So now, the price of the houses has gone up to $600k. The first 5 people can now no longer afford to buy and now have to rent because of this 6th persons higher ability to pay driving the price up
OP's moniker is the antithesis of his actual mindset.
Quote:
Originally Posted by lifeexplorer
Lifeexplorer: So, what's wrong with some people have more money than others?
Leftists: Look at the gap.
Lifeexplorer: OK, I see the gap. So, what's wrong with it?
Leftists: LOOK AT THE GAP!
Lifeexplorer: OK, I see the gap. Could you please explain what the problem is?
Leftists: LOOK AT THE GAP! LOOK AT THE GAP! LOOK AT THE GAP! LOOK AT THE GAP!
Lifeexplorer:
This is the same strawman you started the thread with. 17 pages in and you've shown no willingness to explore the topic at all.
How would you feel if a small group of politicians and agencies were able to make most of the laws in the country, and you couldn't vote them out of office?
Please explain why wealth is power in our democratic society where one person only has one vote.
The only reason you can’t vote them out is because other people disagree with you democratically.
Lets say you have a hypothetical village with 5 people and 5 houses available. They all make $50k per year, so the houses only cost $150k each.
Now lets add a 6th person, but keep those same 5 houses available. This 6th person is a millionaire. So now, the price of the houses has gone up to $600k. The first 5 people can now no longer afford to buy and now have to rent because of this 6th persons higher ability to pay driving the price up
Get it?
No.
How can one millionaire affect the prices for all houses? House price doesn’t just magically go up. It needs a buyer and a seller.
Why can’t people sell the houses, make the $450K profit and move?
Why can’t more houses be built? (I know the answer - government regulations, but don’t think you know.)
Why can’t more people live in one house? (I know she answer too)
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