The Rich Dont Get Richer
1 - 18 of 18 Posts
Joined
·
16,624 Posts
hmm, just about enough to cover the 700 billion bailout
dang... i think you are on to something
Joined
·
1,009 Posts
Wow, glad you guys took some logic classes.
Well, if these guys were already that rich why would you have expected them to lose money just because George Bush took office? It seems to me that they were doing something right to begin with.
Now, if you were to say 5 of George Bush's buddies who were all broke when he took office are now the richest men in country then that might prove something.
Rich getting richer that is just their nature! You become what you think about most and it doesn’t take a smart man to become rich (although that helps), it just takes a tenaciously greedy one!
Now, if you were to say 5 of George Bush's buddies who were all broke when he took office are now the richest men in country then that might prove something.
Rich getting richer that is just their nature! You become what you think about most and it doesn’t take a smart man to become rich (although that helps), it just takes a tenaciously greedy one!
Joined
·
16,826 Posts
Guys, guys... now you sound all socialist and stuff! 
The rich get richer because their money gives them an advantage over some schmuck who has to mortgage his house just to build a prototype.
An established company has the resources for development, marketing, and expansion. The hardest thing to do is get rich in the first place. But once you accomplish that, getting richer is easy as pie.
An established company has the resources for development, marketing, and expansion. The hardest thing to do is get rich in the first place. But once you accomplish that, getting richer is easy as pie.
The greedy rich man would not waste his time building a prototype. He would figure out how to make the money off of you building the proto type while he took credit for it. At the same time he would be doing the same with other inventors, just like Thomas Edison did to Nikola Tesla & others.
If you really want to be filthy rich you will need to get down and dirty!
Edison also had his own workshop and a team of employees who spent all their time inventing new things. That's what money allows you to do, and it's what every big company does.
Bill Gates doesn't develop software anymore. His employees do. Bill Gates just collects the money.
Why do the reps want to keep giving them tax breaks?
By giving it to those who are most likely to use it: the middle and lower classes.
If a man has $100M in the bank already, what is he going to do with his tax break? He's going to throw it on the pile and let it sit in the bank.
If a man has $1K in the bank, what is he going to do with his tax break? Spend it.
Joined
·
317 Posts
You need to differentiate between the upper middle class and the ultra rich. You are talking about people with hundreds of millions of dollars and railing against giving them tax cuts but the highest tax bracket starts at $350k in income per year.
$350k per year is not rich, that person isn't rolling around in money and out just raking in money hand over fist. That person is out working his ass off to make that money and you want to raise his taxes and punish him for working hard.
Obama wants to increase taxes for people making over $250k a year.
Ridiculous
$350k per year is not rich, that person isn't rolling around in money and out just raking in money hand over fist. That person is out working his ass off to make that money and you want to raise his taxes and punish him for working hard.
Obama wants to increase taxes for people making over $250k a year.
Ridiculous
Joined
·
317 Posts
Ok bugs yes a man with $100m in the bank will throw it on the pile but what about the man who works 80 hours a week to make $250k a year and not only will he not get Obama's tax cuts he will get his taxes raised???
If a man has $100k in the bank what is he going to do with his tax break? He's going to invest it in our economy and in emerging technologies.
If a man has $1k in the bank, what is he going to do with his tax break? Spend it.
I completely disagree!! He/She would be rolling in money if they didn't think it was nessesary to live in a 2500+ sq. ft. house with an Escalade and a pool in the back yard to compete with their neighbors. If you are making that much money and NOT "rolling in it" your are making mistakes. You probably have to many "things"
Joined
·
317 Posts
The cost of living is higher in the places where it is possible to make that type of money. Some places public schools are not good, and private schools are expensive. Plus some people enjoy swimming in pools.
Even if that person was rolling in money, why should they be taxed and penalized for working hard.
Well, if you take away all of those perks you take away a lot of the reason that these people are working 80-90 hours a week. These are people who are keeping the wheels of the world oiled and turning take away their incentives and everyone will suffer.
1 - 18 of 18 Posts
Join the discussion
Join now to ask and comment!