Why do we allow so few to hoard to much wealth?

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BoberFett

Lifer
Oct 9, 1999
37,562
9
81
If you had a hair on your ass you'd do it right now. Take up arms against your oppressors. Rally the downtrodden from off the couch and behind the TV watching American Idol and take back what is rightfully yours!

Storm the mansions of the rich. Flood the lobbies of the mega-corps and take control. Throw the CEO's off the roof and make their lair your new castle. Redistribute that wealth. Give everyone in the world the $1.78 they've got coming. Restore fairness to the world!

Then, before the dust settles, come up with a plan for that minute and every minute forward. Feed the masses, cure the sick, abolish religion (except Islam of course) heal our planet and populate other planets. Open our borders, give everyone a free education, give everyone a home, a green car and a job. Give everyone that doesn't want to work a job. Make our food safer to eat, increase our crop yields while making our food healthier. Stop drilling for oil and run our world on sustainable renewable forms of energy. (Do that quickly, BTW.) Ban industries that aren't green and find jobs for those that lost their jobs as a result. Cure cancer, birth defects and institute population control. Stop people you deem too ignorant from breeding. Increase the distribution of food stamps, make every city a sanctuary city. Take away all the guns and make us all love one another. Make all drugs free and plentiful. Take everything from everybody and distribute it all equally. That includes the $1.78 you just doled out because the population has increased while you were doing all the above. Open your home to all the now equal people of the world. Quit locking your doors. Institute central planning. Make it clear just how much you hate intolerance.

If all this and more of the progressive vision is so important to you, quit talking about it and make it happen. Or grow up.

You have so much more than so many. I don't know how you live with yourself. That emaciated child pictured here could do so much if he only had just your computer.... The truth is staring you in the face everyday and yet you continue to consume and continue your evil capitalistic existence.

If only you had a hair on your ass...

Reports are beginning to filter in. The shockwave from this ownage was felt for miles.
 

Apple Of Sodom

Golden Member
Oct 7, 2007
1,808
0
0
They usually do it for tax breaks to have even more money to hoard, not some altruistic giving. There are always a few exceptions that will be used to bash you over the head with but the actual numbers of how the wealth is currently accumulated in reality gives a much more telling picture then the exceptions.

You're a fucking idiot. Do it for tax breaks? Our taxes are a tiered system. If I am in the top tax bracket and give away $1 million, then I have $1 million less of income liability, meaning I don't have to pay $360,000 in taxes. Of course, I'm still out that $1 million...once you subtract my taxes I'm only out on $640,000.... in reality there is no reason to give to charity for tax reasons, other than you would rather have charity X have $1 million of your dollars than give the government $360,000.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
Quote:
Originally Posted by TheRedUnderURBed
They usually do it for tax breaks to have even more money to hoard, not some altruistic giving. There are always a few exceptions that will be used to bash you over the head with but the actual numbers of how the wealth is currently accumulated in reality gives a much more telling picture then the exceptions.

You're a fucking idiot. Do it for tax breaks? Our taxes are a tiered system. If I am in the top tax bracket and give away $1 million, then I have $1 million less of income liability, meaning I don't have to pay $360,000 in taxes. Of course, I'm still out that $1 million...once you subtract my taxes I'm only out on $640,000.... in reality there is no reason to give to charity for tax reasons, other than you would rather have charity X have $1 million of your dollars than give the government $360,000.

What do you expect. People who claim people give money to charities for tax breaks have no clue about the tax system.
 

IndyColtsFan

Lifer
Sep 22, 2007
33,655
688
126
Ouch, boomerang owns this thread. I almost feel sorry for the usual whiny suspects. Well, not really. :awe:

Great posts boomerang.
 
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DCal430

Diamond Member
Feb 12, 2011
6,020
9
81
When someone spends over a million dollar to by some 10,000 square foot house they are hoarding wealth. When people are spending millions in pointless shiny gems they are hoarding wealth. When people die with billions in their names they are hoarding wealth.

No one needs to live in such excessively lavish grandeur while others in Sudan have to eat grass because they can't afford food.

Why do you not seeing anything wrong when a person who spends millions a year on them self, when children in Somalia can't even afford to go to school.

:(
 

boomerang

Lifer
Jun 19, 2000
18,883
641
126
Ouch, boomerang owns this thread. I almost feel sorry for the usual whiny suspects. Well, not really. :awe:

Great posts boomerang.
Occasionally, I actually get my thoughts when writing out in a befitting manner. Writing was never my forte.

I thank you sir! :)
 

BoberFett

Lifer
Oct 9, 1999
37,562
9
81
When someone spends over a million dollar to by some 10,000 square foot house they are hoarding wealth. When people are spending millions in pointless shiny gems they are hoarding wealth. When people die with billions in their names they are hoarding wealth.

No one needs to live in such excessively lavish grandeur while others in Sudan have to eat grass because they can't afford food.

Why do you not seeing anything wrong when a person who spends millions a year on them self, when children in Somalia can't even afford to go to school.

:(

First, if you think $1M builds a 10,000sqft home any more, you're a bigger moron than anybody knew. And everyone already thought you were a pretty big moron.

But when someone does build a million dollar home, doesn't that mean that they have provided jobs to numerous carpenters, plumbers, electricians? Would you rather they not build the house and leave those people unemployed?

You have no understanding of the concept of wealth, you ignorant buffoon.
 

Apple Of Sodom

Golden Member
Oct 7, 2007
1,808
0
0
When someone spends over a million dollar to by some 10,000 square foot house they are hoarding wealth. When people are spending millions in pointless shiny gems they are hoarding wealth. When people die with billions in their names they are hoarding wealth.

No one needs to live in such excessively lavish grandeur while others in Sudan have to eat grass because they can't afford food.

Why do you not seeing anything wrong when a person who spends millions a year on them self, when children in Somalia can't even afford to go to school.

:(

The same can be said about someone living in a 1,000 sq. foot house and using a computer while in their heated/air conditioned room with all the water and food they could possibly need. You sound like a jealous little fuck.

You think when people die with billions in their name the money just disappears? No...there is an inheritance tax and the beneficiaries get the remaining money and do with it as they please.

How many jobs did that billionaire support in various industries when he bought a large home (think everything from contractor to water faucet manufacturer), his Ferrari, yacht and everything else...

Children in Somalia can't even go to school because there is no government and it is a war torn wasteland ruled by radical Muslims who kill people for such offenses as watching a soccer game or having the audacity to allow themselves to be raped.

You can always make someone's lifestyle look glamorous by comparing them to someone living in a mud hut, ribs sticking out and dying of malnutrition. I think YOU need to sell your belongings and go the fucking Sudan and start helping out before you start trying to fish around in my wallet just because I've made a couple more bucks than you have.
 

werepossum

Elite Member
Jul 10, 2006
29,873
463
126
Reports are beginning to filter in. The shockwave from this ownage was felt for miles.
LOL! +1 I fear additional damage to the Fukashima reactors . . .

You're a fucking idiot. Do it for tax breaks? Our taxes are a tiered system. If I am in the top tax bracket and give away $1 million, then I have $1 million less of income liability, meaning I don't have to pay $360,000 in taxes. Of course, I'm still out that $1 million...once you subtract my taxes I'm only out on $640,000.... in reality there is no reason to give to charity for tax reasons, other than you would rather have charity X have $1 million of your dollars than give the government $360,000.
Thank you for having the patience to point out what should be basic common sense. Unfortunately there are rather a lot of people who would rather government get $360,000 to "do good" than a private charity get $1 million. Preferably in their eyes government would get the $1 million, then the whole "hoarded" stash of wealth. Then when their wealth has all been taken, these penniless "wealthy" would get a bill for their "fair share". This to a significant portion of America would be economic justice, as anyone with wealth has obviously obtained it by heartlessly robbing and then enslaving the poor.
 

MotF Bane

No Lifer
Dec 22, 2006
60,801
10
0
When someone spends over a million dollar to by some 10,000 square foot house they are hoarding wealth. When people are spending millions in pointless shiny gems they are hoarding wealth. When people die with billions in their names they are hoarding wealth.

No one needs to live in such excessively lavish grandeur while others in Sudan have to eat grass because they can't afford food.

Why do you not seeing anything wrong when a person who spends millions a year on them self, when children in Somalia can't even afford to go to school.

:(

No, that money goes into the real estate market, providing employment for the real estate agent, a few lawyers, the construction workers (including electrician, plumber, framing, subcontractor, et cetera), and the landscaping crew at the end of it.
No, that money goes to the jewelry store, providing a few people with jobs selling them, and trickles back to the design and manufacturing of pieces, and even a bit back to the broke little country where it all gets mined from.
No, that money goes to their family, minus what the government takes in the process, where the family goes ahead to continue spending it, or investing it, or running a company, or... you get the picture.

If you feel so bad about it, donate your entire income to Somalia. Let's see how many bullets that'll buy for the latest warlord. No, don't want to donate your entire income? Fine, everything you don't need. You can live in a shack, you can walk to work (assuming you're employed), wear rags (your employer won't mind), keep the running water to a minimum (your coworkers won't mind), and donate 90% of your income. The warlords thank you for your contribution to their gold-plated toilet fund and their solid-silver machine gun fund.
 

werepossum

Elite Member
Jul 10, 2006
29,873
463
126
No, that money goes into the real estate market, providing employment for the real estate agent, a few lawyers, the construction workers (including electrician, plumber, framing, subcontractor, et cetera), and the landscaping crew at the end of it.
No, that money goes to the jewelry store, providing a few people with jobs selling them, and trickles back to the design and manufacturing of pieces, and even a bit back to the broke little country where it all gets mined from.
No, that money goes to their family, minus what the government takes in the process, where the family goes ahead to continue spending it, or investing it, or running a company, or... you get the picture.

If you feel so bad about it, donate your entire income to Somalia. Let's see how many bullets that'll buy for the latest warlord. No, don't want to donate your entire income? Fine, everything you don't need. You can live in a shack, you can walk to work (assuming you're employed), wear rags (your employer won't mind), keep the running water to a minimum (your coworkers won't mind), and donate 90% of your income. The warlords thank you for your contribution to their gold-plated toilet fund and their solid-silver machine gun fund.
His post is a pretty good example of the difference between classical liberals and progressives. The classical liberal is concerned, but also appreciates others' rights and freedoms. The progressive never has enough and is always underpaid through no fault of his own, and everyone with more has "more than they need". The classical liberal gives; the progressive takes.
 

FerrelGeek

Diamond Member
Jan 22, 2009
4,669
266
126
Q: Why do we allow so few to hoard to[sic] much wealth?
A: Because Communism does not work.

What are "the top 1%" doing to PREVENT people in countries like Uganda from getting enough water to drink? Are they hoarding the world's water supply? Are they hoarding the materials necessary to deliver water? For the most part, "The Rich" are just hoarding magnetic bits in a bank computer.

Why are the people in Uganda not responsible for improving the living conditions of the citizens of the U.S.?

What have you done yourself to provide water to Ugandans? Why is it not your responsibility?

Because liberals believe that you should be generous with other people's money. There are plenty of rich liberals out there that do everything to minimize their taxes while whining that taxes should be raised. There are plenty of rich liberals out there that think the rules don't apply to them. There are plenty of rich liberals out there that could give away most of their money and never notice that it was gone. But to those rich liberals I'd still say, if you got your money by hard work, it's yours to do with as you see fit; it's your money, not the government's - I may think you're a hypocrite, but it's still your money.
 

IndyColtsFan

Lifer
Sep 22, 2007
33,655
688
126
When someone spends over a million dollar to by some 10,000 square foot house they are hoarding wealth. When people are spending millions in pointless shiny gems they are hoarding wealth. When people die with billions in their names they are hoarding wealth.

No one needs to live in such excessively lavish grandeur while others in Sudan have to eat grass because they can't afford food.

Why do you not seeing anything wrong when a person who spends millions a year on them self, when children in Somalia can't even afford to go to school.

:(

Come on, the ruse is over. Please tell us you're trolling and are an alt or RBM. NO ONE is this dense.

If you aren't trolling, please outline the steps you have personally taken to help kids in Sudan or Somalia, what you've done to help victims in Japan or any of the other major natural disasters the past several years, and also outline for us how you can possibly spend time online on a nice computer you presumably bought when that money could've been spent on those kids. If you can't outline those things, you should STFU.

Oh, and for those of you who haven't the slightest clue about how tax-deductible donations work, see Apple of Sodom's post. I will tell you that I donate for every major disaster and yes, I do deduct them from my taxes. The tax break I get is far, far, FAR less than the money I donated and has NO bearing on whether I donate or not. Seriously, get a freaking clue people.
 
Jul 10, 2007
12,041
3
0
When someone spends over a million dollar to by some 10,000 square foot house they are hoarding wealth. When people are spending millions in pointless shiny gems they are hoarding wealth. When people die with billions in their names they are hoarding wealth.

No one needs to live in such excessively lavish grandeur while others in Sudan have to eat grass because they can't afford food.

Why do you not seeing anything wrong when a person who spends millions a year on them self, when children in Somalia can't even afford to go to school.

:(

i'm sure you have many luxury items that most people in this world don't have. why haven't you given them up yet?
 

spacejamz

Lifer
Mar 31, 2003
10,960
1,657
126
Why do you not seeing anything wrong when a person who spends millions a year on them self, when children in Somalia can't even afford to go to school.

:(

Why do you not see anything wrong when parents have no idea of how they are going to feed or educate their children but yet continue to breed like rabbits?
 

Apple Of Sodom

Golden Member
Oct 7, 2007
1,808
0
0
I don't think it should really even be called a deduction. When you donate the government is kinda going "Alright, we won't tax you on the money you are GIVING AWAY because you are doing something good for the people."

I think there is a general misunderstanding that those who donate to charity somehow get the rest of their money taxed at a lower rate or get a refund.

Again, for DCal430 -

If I give a million dollars to charity, the government doesn't take a cut of that money. In effect the government is also donating the portion it would have taxed me. Think of it like this: for every $640,00 I donate the government chips in $360,000 (i.e. I get to deduct that million dollars from my income liability.)

It doesn't mean that I don't get taxed on my other hundred million dollars I made and it doesn't mean I don't get taxed on that other hundred million dollars at a lower rate. It simply means the government doesn't take its share of taxes from the money I choose to donate.
 
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DCal430

Diamond Member
Feb 12, 2011
6,020
9
81
Come on, the ruse is over. Please tell us you're trolling and are an alt or RBM. NO ONE is this dense.

If you aren't trolling, please outline the steps you have personally taken to help kids in Sudan or Somalia, what you've done to help victims in Japan or any of the other major natural disasters the past several years, and also outline for us how you can possibly spend time online on a nice computer you presumably bought when that money could've been spent on those kids. If you can't outline those things, you should STFU.

Oh, and for those of you who haven't the slightest clue about how tax-deductible donations work, see Apple of Sodom's post. I will tell you that I donate for every major disaster and yes, I do deduct them from my taxes. The tax break I get is far, far, FAR less than the money I donated and has NO bearing on whether I donate or not. Seriously, get a freaking clue people.

I help by giving over 10% of my income to charities.
 

Apple Of Sodom

Golden Member
Oct 7, 2007
1,808
0
0
I help by giving over 10% of my income to charities.

And what is your income level? I guarantee there are people who can give 1% of their income and far surpass how much you give. Are we more concerned with percentage, dollar amount? How are we keeping score?

Or should we not keep score and just let people give what they feel and commend them on it instead of telling them "you only give for tax breaks!"

You have a computer. You have a warm place to live. You have food and shelter and have it SO much better than those in the Sudan. When you understand why you don't want to give up your comforts, you will understand why billionaires don't want to give up theirs.
 

JockoJohnson

Golden Member
May 20, 2009
1,417
60
91
I help by giving over 10% of my income to charities.

You sound like a loving Christian conservative--unless you don't claim it on your tax forms. We know the evil Christian conservatives are the ones who donate to charity the most but they are just doing it to claim it on their taxes so they get more money back. Progressives and liberals are so generous that they must certainly donate more but choose not to claim it on their taxes.

And is 10% enough? Why not 20? Why not 30? Why are you hoarding all of your wealth and not giving more to Sudan?

Edit: changed from Somalia to Sudan, I forgot which country DCAL430 is propping up
 
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Apple Of Sodom

Golden Member
Oct 7, 2007
1,808
0
0
10%?
so is that the magical number one should donate to the needy?

or is it the max amount you're willing to give up before it interferes with you living your lifestyle?

I think if you donate more than 10% you get the T-Shirt, Red Green Show DVD, and a canvas tote.
 

DCal430

Diamond Member
Feb 12, 2011
6,020
9
81
You sound like a loving Christian conservative--unless you don't claim it on your tax forms. We know the evil Christian conservatives are the ones who donate to charity the most but they are just doing it to claim it on their taxes so they get more money back. Progressives and liberals are so generous that they must certainly donate more but choose not to claim it on their taxes.

And is 10% enough? Why not 20? Why not 30? Why are you hoarding all of your wealth and not giving more to Sudan?

Edit: changed from Somalia to Sudan, I forgot which country DCAL430 is propping up

Christian Conservative? I am an atheist. That is my biggest problem with tax deductions for donations, since most donations are made to religious based charities. Religious charities are usually a front group spread their religion and do very little to actually help people. They are the reason people in poor countries like Sudan, Somalia, and Uganda have so many more children than they can afford. They go there and tell these people god wants them to multiply.