Wealth Inequality?

Started by Solar, November 28, 2012, 07:00:15 AM

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Solar

WTF is that?
It appears to be the new buzz word on the left, pushing the camels nose under the tent, lipstick on the pig, Kings new clothing.
It isn't enough the left wants to punish the Capitalists in the country, they now want to outright steal their wealth.

This new approach is to take those that have a certain amount of holdings, and tax them on that wealth, regardless of whether they are investing it, or holding it in an IRA, they think they can simply steal a portion every year.

But what is the magic number that makes you rich? Apparently $250 K per year income of two.
To think, the libs voted for this party...
This is not an actual tax, it is outright theft.
Oh and sorry, no links, it's just now beginning, they are floating talking points to see if it will stick.

This my friends is pure Marxism and will be the final nail in our coffin.
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JustKari

I am sure the libs will say that they are "encouraging" the wealthy to invest in jobs instead of holding on to any wealth.  Those greedy rich people...

Seriously, I am so tired of hearing how selfish people are for not wanting what they have, forcibly taken from them.

Solar

Quote from: JustKari on November 28, 2012, 08:13:25 AM
I am sure the libs will say that they are "encouraging" the wealthy to invest in jobs instead of holding on to any wealth.  Those greedy rich people...

Seriously, I am so tired of hearing how selfish people are for not wanting what they have, forcibly taken from them.
Marx is laughing in his grave.
It's just more class envy being generated by those seeking to destroy the producers in our country.

What libs fail to understand, is that if I keep my money in a profit bearing account, this gives lending institutions a chance to lend money to those that will actually make it generate employment, take that away, and all you have left is Govt lending, picking losers like the so called Green energy BS.

No private investor with any commonsense would ever invest in such a ludicrous scheme, that is, unless the Govt holds all the money captive.
Fore example, assume I have an interest bearing money mkt account, the Govt has the power to steal my profit every year, that is, unless they tell me I can avoid confiscation, if I invest in certain mkts they deem reasonable, like Green energy.

The libs laughs at these possibilities, but it is part of the leftists agenda.
It's not your money, you didn't build that wealth, the govt did!
Sound familiar?
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CubaLibre

Quote from: Solar on November 28, 2012, 07:00:15 AM
WTF is that?
It appears to be the new buzz word on the left, pushing the camels nose under the tent, lipstick on the pig, Kings new clothing.
It isn't enough the left wants to punish the Capitalists in the country, they now want to outright steal their wealth.

This new approach is to take those that have a certain amount of holdings, and tax them on that wealth, regardless of whether they are investing it, or holding it in an IRA, they think they can simply steal a portion every year.

But what is the magic number that makes you rich? Apparently $250 K per year income of two.
To think, the libs voted for this party...
This is not an actual tax, it is outright theft.
Oh and sorry, no links, it's just now beginning, they are floating talking points to see if it will stick.

This my friends is pure Marxism and will be the final nail in our coffin.
They've gained as much ground as they set out to on the social egalitarian front, and have returned to their economic egalitarian roots. Of course, what they fail to realize is that, when you take on the laws of economics, the laws of economics always win.

BILLY Defiant

I can't get over the fact that this cabal of leftist idiots gets away with calling a COUPLE who make 250K a year "MILLIONARE'S" or the 1% :confused:

250K is 750K short of a million...

besides considering the devaluation of the dollar a million bucks is worth about 600K.

When they learn that taxing someone who is making 250K a year more doesn't work they will decide to lower the figure to 200K...then 150K etc etc etc until they are taxing the hell out of ALL of us at 40%

Billy
Evil operates best when it is disguised for what it truly is.

rocca

Quote from: BILLY Defiant on November 28, 2012, 03:42:34 PM
When they learn that taxing someone who is making 250K a year more doesn't work they will decide to lower the figure to 200K...then 150K etc etc etc until they are taxing the hell out of ALL of us at 40%

When that happens, there will be no one left to tax, everyone will probably be on welfare or have left the country.

Seriously, anyone advocating for anything 'equality' really needs to get over themselves. Life's not fair, deal with it!
"Obama is either an idiot or he's purposely trying to destroy the American economy." - Vladimir Putin, Russian Prime Minister

BILLY Defiant

Quote from: rocca on November 28, 2012, 04:17:48 PM
When that happens, there will be no one left to tax, everyone will probably be on welfare or have left the country.

Seriously, anyone advocating for anything 'equality' really needs to get over themselves. Life's not fair, deal with it!

Personally it looks like that is the long range goal...get everyone's income on an even basis so that every one is "equal" and no one is "rich"...except of course the ruling elite Komissars....Just like the old Soviet union.

Billy
Evil operates best when it is disguised for what it truly is.

Darth Fife

There is nothing "new" about it.

This school of Socialism dissected with great acuteness the contradictions in the conditions of modern production. It laid bare the hypocritical apologies of economists. It proved, incontrovertibly, the disastrous effects of machinery and division of labour; the concentration of capital and land in a few hands; overproduction and crises; it pointed out the inevitable ruin of the petty bourgeois and peasant, the misery of the proletariat, the anarchy in production, the crying inequalities in the distribution of wealth, the industrial war of extermination between nations, the dissolution of old moral bonds, of the old family relations, of the old nationalities.

Manifesto of the Communist Party, 1848

Solar

Quote from: BILLY Defiant on November 28, 2012, 04:33:45 PM
Personally it looks like that is the long range goal...get everyone's income on an even basis so that every one is "equal" and no one is "rich"...except of course the ruling elite Komissars....Just like the old Soviet union.

Billy
Looking back, had anyone predicted 40 years ago, we would be where we are today.
They would have been called crackpots and laughed out of serious circles.

I predict in 40 years, the left will be going after private land.
They will start with large land holders and paint them as greedy rich bastards, this is just to to show the peons that big brother is looking out for them. (no one will resist, it's not their problem)
Then they will move onto people sitting on investment properties, they will be forced to use it or lose it. (again, no one cares, because they were mostly slum parcels worth nothing and needed cleaning up anyway)

In another ten years, the Govt begins forcing people with 20 acres or more they aren't using, to sell to the Govt.
(now it's too late, they're coming after us)

I kid you not, look at the progression of socialism/marxism in this country, that's over a 90 year span and they will be taking what they want.
It's really easy, they just tax you till you can no longer afford to keep it.
It's already happening.........
Thank God, I'll be dead and gone.....
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Solar

Check this out, it comes from http://arguewithsigns.net/
Scroll down, it's circled in red.

Mistermix at Balloon Juice points out the front page of today's New York Times. Thousands of people gather around the world to protest the growing inequality of wealth distribution, and it merits a mention at the bottom of the front page.

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Yawn

Quote from: BILLY Defiant on November 28, 2012, 03:42:34 PM
I can't get over the fact that this cabal of leftist idiots gets away with calling a COUPLE who make 250K a year "MILLIONARE'S" or the 1% :confused:

250K is 750K short of a million...


If you make 20k a year, they can say you're the wealthy. You'll have earned a million bucks in just 50 short years.

keyboarder

Reading all of your replies, I can't help but interject this long ago practice by some of our parents and it NOW makes perfect sense why they did so.  Do any of you remember when folks used to bury their money in the back yard or in socks?  It happened as late as the 1980's because my Dad did this when he feared the bank's practices.  Oh, he had several IRA's but he never did trust our government or banks.  He lived thru the Great Depression and I often remember the things that he and friends discussed about that horrible time.  When my Dad passed in 1982, we had the task of going thru all of his things and accounts at the banks.  He had told us before that he kept an emergency fund in his house but we didn't know where or how much.  He just wanted us to know that he was safe in an emergency.  He had an attic that was considerable in size and he had hidden pouches like you see at the banks in places all over that attic.  He had worked pt after he retired and saved every dime of the money he earned.   
.If you want to lead the orchestra, you must turn your back to the crowd      Forbes

walkstall

Quote from: keyboarder on November 29, 2012, 06:14:42 AM
Reading all of your replies, I can't help but interject this long ago practice by some of our parents and it NOW makes perfect sense why they did so.  Do any of you remember when folks used to bury their money in the back yard or in socks?  It happened as late as the 1980's because my Dad did this when he feared the bank's practices.  Oh, he had several IRA's but he never did trust our government or banks.  He lived thru the Great Depression and I often remember the things that he and friends discussed about that horrible time.  When my Dad passed in 1982, we had the task of going thru all of his things and accounts at the banks.  He had told us before that he kept an emergency fund in his house but we didn't know where or how much.  He just wanted us to know that he was safe in an emergency.  He had an attic that was considerable in size and he had hidden pouches like you see at the banks in places all over that attic.  He had worked pt after he retired and saved every dime of the money he earned.

To this day we have bugout money around the house.  That only the kids know where it is at.
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

CubaLibre

Quote from: Solar on November 28, 2012, 07:29:31 PM
Looking back, had anyone predicted 40 years ago, we would be where we are today.
They would have been called crackpots and laughed out of serious circles.

I predict in 40 years, the left will be going after private land.
They will start with large land holders and paint them as greedy rich bastards, this is just to to show the peons that big brother is looking out for them. (no one will resist, it's not their problem)
Then they will move onto people sitting on investment properties, they will be forced to use it or lose it. (again, no one cares, because they were mostly slum parcels worth nothing and needed cleaning up anyway)

In another ten years, the Govt begins forcing people with 20 acres or more they aren't using, to sell to the Govt.
(now it's too late, they're coming after us)

I kid you not, look at the progression of socialism/marxism in this country, that's over a 90 year span and they will be taking what they want.
It's really easy, they just tax you till you can no longer afford to keep it.
It's already happening.........
Thank God, I'll be dead and gone.....
This is how Fidel started. First he went after the unpopular Casinos and lumped the foreign companies in with them as "evil". Then he went after large landowners. The first farm he confiscated was his mother's (I'm sure Herr Freud would have something to say about that). Then it was anybody with spare property (extra cars, vacation homes, etc.) Then it was pretty much anybody and everybody who dared think of something as "mine" as opposed to "ours".

Of course, the parasitic class of society (there really is no other way to describe them) doesn't care, because they are driven more by a desire to see everyone brought down to their level.

Solar

Quote from: CubaLibre on November 29, 2012, 08:29:03 AM
This is how Fidel started. First he went after the unpopular Casinos and lumped the foreign companies in with them as "evil". Then he went after large landowners. The first farm he confiscated was his mother's (I'm sure Herr Freud would have something to say about that). Then it was anybody with spare property (extra cars, vacation homes, etc.) Then it was pretty much anybody and everybody who dared think of something as "mine" as opposed to "ours".

Of course, the parasitic class of society (there really is no other way to describe them) doesn't care, because they are driven more by a desire to see everyone brought down to their level.
Exactly CL, and with half the country now on the side of socialism, it won't be all that long before there is 60%.
I am normally an optimist, but the realist sees the obvious in our situation.
Fact is, conservatives are older and die off faster than young brainwashed minds are created, it's an uphill battle.

Outside of revolution, I just don't see us returning to a more sensible time.
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