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| 05:20 PM | ||
| Users Online Now: 1,900 (Who's On?) | Visitors Today: 1,013,907 | |
| Pageviews Today: 1,690,188 | Threads Today: 685 | Posts Today: 11,417 |
| 05:20 PM | ||
BREAKING; White House Moving to Take Over 401K's in America | |
| Anonymous Coward User ID: 26315127  United States03/01/2015 10:18 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 67409644 United States03/01/2015 10:19 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 67409644 United States03/01/2015 10:22 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 68177637 United States03/03/2015 12:24 AM Report Abusive Post Report Copyright Violation | Doesn't this apply to most greedy people? Bill Gates for example is worth nearly $80 billion as of today. There should be a legal cutoff point once you get to a certain point. Maybe 20-50 billion? Then the rest of your wealth beyond that point you should be required by law to donate to some causes. There's no fucking possible way that one person will ever spend $80 billion in one lifetime. Money needs to circulate in order for the economy to properly function. Not just sit in a bank account. I'm not my brother's keeper, unless I choose to be, and in this case, I choose NOT. There's no point in earning even a dollar unless there's a reasonable expectation that you can keep most of it. That means AT LEAST 90%, and as the marginal utility of your dollar declines, you need to keep a GREATER percentage of it in order to bother to earn the next marginal dollar. Obviously, that calls for a REGRESSIVE tax, not the reverse. I'll take all my dollars to the grave in one form or another, or I'll spend them all before I die. I might change my mind for the right hot chick, or even the right family member, but that's it. I owe society nothing, and neither do you. |
| Anonymous Coward User ID: 68177637 United States03/03/2015 12:31 AM Report Abusive Post Report Copyright Violation | Doesn't this apply to most greedy people? Bill Gates for example is worth nearly $80 billion as of today. There should be a legal cutoff point once you get to a certain point. Maybe 20-50 billion? Then the rest of your wealth beyond that point you should be required by law to donate to some causes. There's no fucking possible way that one person will ever spend $80 billion in one lifetime. Money needs to circulate in order for the economy to properly function. Not just sit in a bank account.  So you think there should be a limit on how much money you can earn? GTFO. Seriously? WTF would you do with 80 BILLION? Shit, $1 billion would be enough to live on for the rest of your life if you put it in an interest-bearing account, even if it drew 2% annually that's 20 MILLION dollars earned in interest annually..anyone who couldn't live off that comfortably until death is a greedy SOB.. Living is inexpensive, even with luxuries. There's little point in having more than a few million max, and most likely, it will all be there when you die. It's HARD to spend money unless you receive value for it. BTW, money may "need" to circulate for the good of society, but MY money doesn't need to do a damn thing. (Fallacy of Consistency) |
| Anonymous Coward User ID: 65733322 United States03/03/2015 12:32 AM Report Abusive Post Report Copyright Violation | Doesn't this apply to most greedy people? Bill Gates for example is worth nearly $80 billion as of today. There should be a legal cutoff point once you get to a certain point. Maybe 20-50 billion? Then the rest of your wealth beyond that point you should be required by law to donate to some causes. There's no fucking possible way that one person will ever spend $80 billion in one lifetime. Money needs to circulate in order for the economy to properly function. Not just sit in a bank account. Michael Jordan is worth 1 Billion, he's a billionaire as Black urban youth buy his lousy shoes as a status symbol to eventually be used as gang affiliation and in many cases this purchase ends in death while he wallow's in the profit's. |
| Anonymous Coward User ID: 68395083 United States03/03/2015 01:54 AM Report Abusive Post Report Copyright Violation | Doesn't this apply to most greedy people? Bill Gates for example is worth nearly $80 billion as of today. There should be a legal cutoff point once you get to a certain point. Maybe 20-50 billion? Then the rest of your wealth beyond that point you should be required by law to donate to some causes. There's no fucking possible way that one person will ever spend $80 billion in one lifetime. Money needs to circulate in order for the economy to properly function. Not just sit in a bank account. I don't think that's going to work the way you think it will. If they're hitting the limit they'll just stop working and enjoy the rest of their money, instead of producing more. So instead of starting another business that might employ thousands they'll just go bang girls on the Italian Riviera. |
| Anonymous Coward User ID: 11589018 United States03/03/2015 02:02 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 68453498  Romania03/03/2015 03:03 AM Report Abusive Post Report Copyright Violation | |
