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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (614678)	6/3/2011 1:50:21 PM
From: tejek	Read Replies (1) \| Respond to of 1577267

We have a segment of the population amassing more and more of the country's wealth paying less and less taxes. Where is the logic in that? I don't understand the logic in complaining about it. Those who have gotten wealthy have generally done so because they were successful. If their family amasses wealth, it is because there has, at some point, been a highly successful business that created that wealth. BS. Money begats money. The playing field is far from level. When there are downturns, the rich have an extraordinary advantage to make even more money. Add to that fact the incredible tax cuts wingers have bestowed the rich and their advantage is beyond extraordinary. That's how they have been able to dramatically increase their control of more and more of this country's resources since Reagan's presidency. We have become Russia lite. So, why should not wealth tend to pool where there is success? There is literally nothing you can do to stop that, other than to confiscate 80 or 90% of that wealth at the time a person dies. Pooling of wealth amongst successful people is an attribute of success. You cannot excise it. No, but we can tax more than at the current low rates if your boys would just get out of the way. And why should you care? The poor are a hell of a lot more wealthy today than they were 20 years ago. BS. They are not. You don't have a clue.

To: i-node who wrote (614678)	6/21/2011 5:36:37 PM
From: combjelly	Read Replies (5) \| Respond to of 1577267

"Those who have gotten wealthy have generally done so because they were successful." Not always. Or even often. Usually it is a happenstance thing. Over the past decades, it has usually been a function of how highly placed you are in a company. And that is often who you know, not what you know. "So, why should not wealth tend to pool where there is success?" Pooling money in the hands of a few is bad for the economy and bad for society. As has been proven more than once.