Thomas Sowell - That Top 1%
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Uploaded by LibertyPen on Oct 31, 2011
Who exactly makes up the wealthiest one percent? http://www.LibertyPen.com
Book: Dismantling America
Publisher: Blackstone Audio Books
Buy it: http://www.blackstoneaudio.com/audiobook.cfm?id=5997
- 505 likes, 20 dislikes
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Top Comments
All Comments (514)
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what's your point? the top 1%, whether it is a transient class or not, should pay taxes on their income at a fair rate. and yes i would accuse entertainers of being greedy
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I will never make more than 20,000 dollars. I stay where I am for life. It gets really grim. I don't understand why we're here in a modern society that doesn't "need" us.
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now I believe in something; convince me of something. I just try to say my cliches.
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@comptonproduction You forgot a "C" in "FUKKKING". Seriously this is the worst troll attempt of all time, a good troll doesn't make it obvious.
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Celebrities are like 2 per cent of the 1 per cent... and they really are outliers... business men aren't, people without much talent get compensations exceeding their marginal product. Carl Icahn adds ridiculous value to corporations just buying them, and reducing CEO compensation. Thomas Sowell has too much momentum to be credible... let go of sides... just observe and diagnose... people like Sowell diagnose beforehand and try to fit in the world into their little view
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@yesman2079 bankers are the most overpaid and the most useless for the society.
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Actually, the top 1% would in Thomas Sowell evidence mean that the 1% is a fluid state of constant influx of new comers. Given that you could be the in the top 1% with $340,000, however, the average top 1% is $960,000. Meaning you really aren't talking about the top 1% but more of the top .4%, or .3%. Given that, Financial inequality in the US is 42.7% which the 1% own in the US, which hasn't been broken down in the top .1%, or .2%, or .3%
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HE'S A FUKKKING RETARD.
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I KNOW MORE ABOUT WRITING, THAN YOU WILL EVER KNOW.
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What kindergarden did you graduate from.
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Earning money in a capitalist system is a sign of productivity and value given not "greed." He uses the wrong word. Senators are "greedy" -- they live off tax dollars of others and use them to buy votes while voting themselves gold-plated health care and pensions. That's greed. Watch their language. Don't accept it. They skew the debate with false buzzwords that tell lies and are unfair to facts. This guy has envy with a halo. Screw him. He deserves a swirly.
DexterHaven49 2 weeks ago 13
He makes a good point about celebrities, they can make as much as they want but bankers and businessman are crucified by the occupy movements.
yesman2079 2 weeks ago 11