Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Capital gains tax rates benefiting wealthy feed growing gap between rich and poor

By: oldCADuser in FFFT | Recommend this post (0)
Mon, 12 Sep 11 7:39 PM | 43 view(s)
Boardmark this board | Food For Further Thought 		Msg. 33343 of 65535
(This msg. is a reply to 33337 by Decomposed)
Jump:
Jump to board:
Jump to msg. #

I'm not denying that I'm in that 20%, but I have also NEVER claimed a single cent of dividend or capital gain income in my life. And I suspect that a large percentage of my fellow 20%'ers could say virtually the same thing, so this is really benefitting a very small group of uber-rich who will only use any reduced taxes to acquire even more wealth at the expense of the rest of society.

But since we're on the topic, exactly how much of America's wealth do YOU think is enough for that top 20% to own? Is 84% enough? If it is, WHY are you advocating a policy which will only make that number larger? And since you are advocating that policy, at what point will YOU say enough is enough? 90%? 95%? 99%?




Avatar

OCU


 - - - - -
View Replies (2) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: Capital gains tax rates benefiting wealthy feed growing gap between rich and poor
By: Decomposed in FFFT
Mon, 12 Sep 11 6:28 PM 		Msg. 33337 of 65535

OCU,

re: "It was recently reported that the top 20% in this country now own 84% of the wealth of America."

I hope you won't try to argue that you aren't included in that "top 20%." Do you feel guilty about what you've got?

Since average household income in the United States is about $48,000, I'd guess that the top 20 percent is probably households bringing in more than $75,000.

In other words, it is every household that is even moderately successful.


re: "When are we as a society going to acknowledge that that's enough?"

When are people going to stop being stupid? A decent living is DESERVED by "the top 20%." They're generally the 20% who went to college and got their degrees.

« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next