Wealth Distribution in America
Uploader Comments (ThePunkPatriot)
All Comments (114)
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Sounds like some Americans better get to earning! We all have access to the same things. Only in America!!!
The bottom 47% do not even pay federal taxes, they have no skin in the game. How many of those are dependent on the government as well?
This needs to change!!!
Redistribution has NEVER WORKED!!! Our War on Poverty has been going on for a long time, and it will never end. There will always be poverty!!
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@vidkidxyz You sir are suffering an incredible case of biased double standards - how is it that you dont apply your standard of "self enrichment through theft from others" to billionaire capitalists whose wealth is built on the time and energy of wage slaves? (and don't come the raw prawn peddling BS about the '"free market efficiencies ensuring fair wage" - that's what Enron's Jeffery Skilling used to say before he was jailed for massive fraud - ALL EXTREME WEALTH IS UNEARNED!!!)
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Despite the $3.5M threshold, Billionaires don't pay the Estate Tax. That's because their fortunes are safely harbored in tax-exempt "Foundations." It's why oligarchs like Walrus Buffer routinely advocate for a high Estate Tax -- he/they won't be paying it.
At best, Estate Tax hobbles mini-millionaires, who are forced to purchase expensive Life Insurance to offset the tax. No surprise that Life Insurance companies favor the tax.
If you support the Estate Tax, then you support oligarchy.
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vidkidxyz, xfg45, quit the bullshit trolls.
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They call it the american dream, because you have to be asleep in order to believe it.
- George Carlin
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"What would Jesus do with a billion dollars?" He would render unto Caesar.
What would Jesus do with someone elses billion dollars? I don't see why he would be concerned with it at all.
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@xfg45 Amen. Amen. I know few millionaires who can and or do sit on their wealth.
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@ThePunkPatriot You speak of money as if it is a pie that never grows.
Punk... You sir are suffering from an incredible case of wealth envy. Why don't you worry less about what others have and work harder to acquire wealth for yourself.
The lowest shame a man can suffer is the act seeking self-enrichment through theft from others. Marxism is theft. Grow up... Man up!
vidkidxyz 10 months ago
@vidkidxyz You could not be more wrong.
ThePunkPatriot 10 months ago
Dumb...you speak as if the wealth of billionaires amounts to nothing more than stacks and stacks of cash strewn throughout their enormous palatial homes. the majority of their wealth is in the form of capital (oh no!), e.g., buildings, factories, machines, technology, investments -- things that provide jobs for people who make the shit you use everyday.
xfg45 1 year ago
@xfg45 Uhm, no, billionaires actually have stacks an stacks of cash strewn throughout their enormous bank accounts.
ThePunkPatriot 1 year ago