I'm very small time when it comes to wealth in this country but I can see how easy it is for wealth, to bring in more and more and more and compound until eventually only the top few have everything.
What the fuck are you talking about with the last sentence?But I specifically mentioned earning capita (assuming via income) to enter the market with. He will assumingly benefit from that.
I guess until plan is finalized or until TS informs us of his portfolio, it's a nebulous point -- either way, good to keep more of what you have.
I'm sure people will be appreciative when you give them your total gains.
Serious question are you a paid poster?
Your cadence reeks of script
What's bullshit about keeping the money you've earned? Why do we even call that "trickle down economics"?
You need the tax cut so that the money they're accumulating can trickle down to the plebs.I must admit that through the glorious market run of Obama and now the first year of Trump, my portfolio has done very well. It looks like the wealthy in the US have as well as Capgemeni is reporting the US has increased it's millionaire count to 4.8 million households!
http://fortune.com/2017/09/28/millionaires-capgemini-world-wealth-report/
Anna Zakrzewski, a partner at BCG, said the share of wealth held by millionaires is growing. BCG expects millionaires will own half of total global private wealth by 2021, up from roughly one-third 10 years ago. It looks like the rich are getting richer and gaining a larger and larger slice of the total worlds wealth... So why do we need a taxcut?
"Earned" or just "printed out from thin air ?"
LOL, says the complete moron. Reaganomics, bro!Serious question are you a paid poster?
Your cadence reeks of script
Good for you for being financially astute by investing wisely and self sufficient enough to earn capital or endearing enough for loved ones to invest in you to invest in the market.
So, here, how about you keep more of what you obtained. If YOU choose to redistribute YOUR gains to others, feel free!
Keep fighting that oligarchy by supporting lower taxes on the wealthy, IDL. You do you.So TS are you saying that capital gains should be taxed more?
If you are feeling guilty that you made money on the stock market, then a good way to address that is to spend that money locally at small business or something like that.
It's generally true that people who have money are more likely to invest in the markets, and that people in the markets tend to make money when the markets go up. Not sure how to get around that though.
Keep fighting that oligarchy by supporting lower taxes on the wealthy, IDL. You do you.
don't worry that's his "i can't keep up with you or provide any intellectual insight so im going to cry foul" response.What do you mean by paid poster? I've been here for 13+ years.
Okay Mr. Big time stock market but wants to pay higher taxes
"If you make money with money, as some of my super-rich friends do, your percentage may be a bit lower than mine. But if you earn money from a job, your percentage will surely exceed mine — most likely by a lot" --- Warren Buffett
Yeah, I mean hedge fund managers have to feed their kids right?Tax inequality is a real issue. People who are high earners pay a disproportionate amount of taxes. Even a flat tax system wouldn't fix the inequality as they would still pay too much. However with our crazy spending overseas and massive entitlements these taxes are necessary to cover the expenses. Until we stop policing the world and stop taking care of the lazy these immoral taxes are necessary.