Why Should I Worship the Rich?

Discussion in 'Political Opinions & Beliefs' started by ErikBEggs, Apr 6, 2014.

  1. ErikBEggs

    ErikBEggs New Member

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    Tell me.

    Why do the 1% deserve preferential treatment:

    (referring mostly to taxation and lobbying).

    Also, my one vote thankfully is still the same as a billionaire's one vote, but I'm not sure how long it will stay that way if Republicans get their way.
     
  2. ShadowX

    ShadowX Well-Known Member

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    They don't have preferential treatment. They just have more resources than you to put towards lobbying. They don't have special laws that only apply to the 1% (except for extra taxation laws)
     
  3. WallStreetVixen

    WallStreetVixen New Member

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    Considering that the rich earn more money, they will generally earn the largest tax breaks. It's not always a matter of preferential treatment, but simple arithmetic. And everyone should be able to lobby if they want to, I guess.

    Other than that, if you don't want to worship the Rich, then don't. There are only certain wealthy people I admire.
     
  4. ErikBEggs

    ErikBEggs New Member

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    Laws no, treatment yes.

    Affluenza.

    - - - Updated - - -

    Perfect. Exactly what I was waiting for.

    Why should those who earn the most earn the largest tax breaks? That is backwards.
     
  5. WWJD

    WWJD Banned

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    Because money is intended as a unit of credit when exchanging goods between producers.

    And money is intended as a form of slavery when stock piled and controlled by people who believe in usury.

    That doesn't real answer why they should get preferential treatment, It just answers the reality of why they do.
     
  6. ShadowX

    ShadowX Well-Known Member

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    What does one kid getting off on the defense of Affluenza have to do with your argument?
     
  7. WWJD

    WWJD Banned

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    If they earned it, they would deserve a larger tax break.

    However there is a difference between earning and manipulating.

    If (work = force X distance). Then the ultra rich aren't working. They are stealing the surplus value from the people who do work .
     
  8. Dayton3

    Dayton3 Well-Known Member

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    ^You are dismissing the vital importance of investment which is simply staggering in a modern economy.
     
  9. OmegaEnigma

    OmegaEnigma Well-Known Member

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    That's the ideal we are supposed to be living by, "All people created equal" and all that, but that is not how it works in real life.

    [​IMG]

    Just last month the GOP tried to pass a bill that would prevent law actions from being taken against the wealthy people like the Koch Brothers, for example, so if you really want equality, get out there and vote for someone who will uphold it.
     
  10. Dayton3

    Dayton3 Well-Known Member

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    ^Need a link with some serious proof on that last sentence.

    As for the above "created equal doesn't mean they were meant to stay that way".
     
  11. WWJD

    WWJD Banned

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    Not at all. I think investment can power an economy. I also believe that innovation and the patent has brought humanity forward in leaps and bounds.

    What I do not believe in is inequality of recompense. I should not be provided with a 100 million bonus for ripping off people's pension funds by advising them to buy toxic CDSs.

    I should be provided a wage that represents my contribution of my worth to society. Not compensated for the illusion of value which is create in the modern economy.
     
  12. WallStreetVixen

    WallStreetVixen New Member

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    I just told you, because they earn more money. It's only logical to give them a large tax break relative to their income.

    You cannot give someone who earns very little money a larger break relative to his or her income. At that point, these people will just receive credits, which some Americans already receive when it comes to Federal Taxes.
     
  13. Dayton3

    Dayton3 Well-Known Member

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    There will always be outliers and such. You can't expect straight up down the line flawless fairness in any system.
     
  14. WWJD

    WWJD Banned

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    Morally taxation of the rich should be influenced by how much surplus value they are taking from their employees versus how much of a contribution they make to the over all welfare of society.


    What is the point of building a city in the clouds, if you can never walk the streets. Wealth is community and family anyway, not being a bitter old f-ing tight ass, like one of the Kock brothers.
     
  15. WallStreetVixen

    WallStreetVixen New Member

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    No one buys CDSs just to have CDS. The purpose of purchasing a Credit Default Swap is to ensure against something. Preferably a speculative Bond.

    And if you are referring to what happened during the housing credits, people were using Credit Default Swaps to insure against Mortgage Backed Securities. No one was trying to rip people off by advising them to invest in MBSs. They were investing in these assets because everyone thought they were a good investment.
     
  16. Dayton3

    Dayton3 Well-Known Member

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    You have evidence the Koch brothers are bitter? For that matter some people do not value family and/or community all that highly.
     
  17. WWJD

    WWJD Banned

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    Yes you are right. But there should be a moral element to the process if the process is to be reflective of humanity.
    Otherwise the sociopaths will always have the advantage, and that is not what is best for society and the sociopath in the long run.

    I would call that element effective regulation.
     
  18. WallStreetVixen

    WallStreetVixen New Member

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    The rich don't take from their employees. That's really not how it works.

    Revenue - Expenses = Profit.

    Aside from that, I agree. This is why I don't believe Celebrities, Politicians and media whores should receive a generous tax break.

    But that is my opinion, anyway.

    Well, some people will be more wealthy than others in other aspects besides money. If you want to use it in an objective term, be my guest.
     
  19. WWJD

    WWJD Banned

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    I just assume that they are anal retentive because when they fart dogs come running.
     
  20. Dayton3

    Dayton3 Well-Known Member

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    So you have nothing but insults for two highly successful businessmen and the people they support politically?
     
  21. WWJD

    WWJD Banned

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    Oh come on now. The rich definitely prosper off of the efforts of their employees. The issue is about what is fair return for the risk of investment?

    I think there was a statistic that said that the 8 richest people in the world had as much as the poorest 2 billion. Where can morality be found in that, if those two billion are suffering their way through life?
     
  22. WWJD

    WWJD Banned

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    I have nothing but disdain for those who would manipulate the system in order to ensure continued prosperity for themselves.

    The cruel accumulation of wealth is done by those who are less talented at building wealth of society, and who prefer to diminish others to ensure their comfort.
     
  23. WallStreetVixen

    WallStreetVixen New Member

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    What is a fair return for the risk of investment?

    2 billion of those suffering people life in China and India. Two developing nations that are still trying to build wealth in those nations.
     
  24. JP5

    JP5 Former Moderator Past Donor

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    First off.....who specifically told you that you MUST worship the rich? Did Obama sign another Executive Order when we weren't looking? :)
     
  25. Johnny-C

    Johnny-C Well-Known Member

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    The wealthiest have RIGGED the system and propagandized people so, that they 'believe' the 1% actually deserve/earn what they are afforded. :(

    That WILL eventually change.
     

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