Reply With QuoteI'm still waiting for someone to respond to this.Originally Posted by gribbler
What, what?
If there is no sound in space, how come you can hear the lasers?
:(){ :|:& };:
I'm still waiting for someone to respond to this.
This is where an awesome Mark Twain quote would be, but Apolyton says it would be too many lines. :(
The capital WAS taxed far more than the labor. The labor's value was << the total value produced, and presumably was also taxed at 10% (so it paid ~0 taxes). 10% of the capital was also taken by the government in taxes - 10/100 of the car replicators were appropriated.
When you start taxing the capital income, then an EVEN LARGER PROPORTION of the capital is appropriated - 19/100 - versus the same 10% of the worker's labor.
The poor don't subsidize the wealthy. The poor receive massive net transfers of wealth from government redistribution.
The video explains how tax payers subsidize the wealthy per example of Romney.
This is where an awesome Mark Twain quote would be, but Apolyton says it would be too many lines. :(
I'm still waiting for you to respond to this.
"We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.
I have no problem with inheritance; that's a legitimate form of acquisition of wealth.
But when investors use tax payers' money to take risks with chance of making profit, rather than using their own money, that's not earning your own wealth.
This is where an awesome Mark Twain quote would be, but Apolyton says it would be too many lines. :(
Oh, and here's more good news for Mitt Romney.
This is where an awesome Mark Twain quote would be, but Apolyton says it would be too many lines. :(
That donor was an idiot if he thought that Mitt Romney would ever support gay marriage. Mitt Romney's position has not changed at all on that issue.
If there is no sound in space, how come you can hear the lasers?
:(){ :|:& };:
...so you don't believe in mutual funds then? Having people that know more than you investing your money for you?
"We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.
Is that earning your own wealth?
Are the people running the funds earning their own wealth?
"We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.
If they're investing money and using their knowledge to make a profit then sure.
That is where bonuses come in.
"We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.
As long as they're paying large taxes on those bonuses and earnings (and not destroying the worlds financial system in the process), good for them.
...and if their own money is in the fund?
"We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.
So what? They're being taxed on profit made, why should it matter?
Risk is why it matters.
"We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.
Explain please? They are choosing to try and gain profit by using their own money. If they had the skill but didn't want to take the risk, they could use other peoples money but the rewards would not be as great. Why should it be treated differently?
Is that what the video I posted is about? Mutual funds?
This is where an awesome Mark Twain quote would be, but Apolyton says it would be too many lines. :(
You're assuming they're using other people's money in lieu of their own. I'm saying they use others' money in addition to their own. See the difference?
"We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.
Your video is weak sauce.
"We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.
This is where an awesome Mark Twain quote would be, but Apolyton says it would be too many lines. :(
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