Distributing the Wealth Policy

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Is Obama's Tax Policy Fair for people making over $250k

  • Yes

    Votes: 12 38.7%
  • No

    Votes: 19 61.3%

  • Total voters
    31

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fair share into ss?
ss is the biggest ponzi scheme there is and its truely disgustng
not to mention it is capped and the people paying into it that are over the cap already are getting even more screwed than the rest of us
 

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My guess is that there are a lot of young guys from upper middle class families here. Life has a way of giving lessons like what do you do when you are pretty high up and the company sells? You find your self middle aged and unemployed. Other companies want to hire younger people who are not used to making so much. Its amazing how fast a couple hundred grand can disappear.

I'm self employed now and not hurting but I have slept in the warehouse and bathed in the laboratory, but that can't happen to you. No not you.

if i end up homeless i am nobodys problem but my own
i would hope there would be charities i could turn to but nobody should be forced to pay for me
 

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Sometimes you gotta wonder that if it can come that close to a upper level manager/salesman with a college degree, how tough can it be on someone with a low IQ and not much education.

As far as social security I agree its seriously flawed but if someone works a menial job all their life they should not have to live out of garbage cans once they are too old to work.
 

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Live in a garbage can? How bout save a little money? Not much education?? Go to school.
 
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Live in a garbage can? How bout save a little money? Not much education got to damn school. Geez what is the problem here??

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Live in a garbage can? How bout save a little money? Not much education?? Go to school.

I would love to go back to school if I could find where they teach:

How to remember names and other things.

How to shit when you need and want to rather than when you have no intention to.

How to ignore the arthritis in your left shoulder and hit long sweeping hooks like you used to.
 

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Sometimes you gotta wonder that if it can come that close to a upper level manager/salesman with a college degree, how tough can it be on someone with a low IQ and not much education.

As far as social security I agree its seriously flawed but if someone works a menial job all their life they should not have to live out of garbage cans once they are too old to work.

agreed and if you let them save and invest 15.2% of their money for 45 years instead of letting the govt hanle it they will come out far ahead
 

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<!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]-->[FONT=&quot] How can you save with inflation pecking at your knees not your feet? Im not making excuses because i lean Libertarian more then anything but the truth of the matter is, its much more complicated then people allow it to be. Honestly, I have relatives that do very well, two Doctors and two Aunts that work for NIH and all do very well. I also have relatives (cousins, uncle) who live pay check to pay check and can barley afford to make ends meet. Its not cut and dry. I know I know….they can better their situation but the reality is, someone has to do the gas pumping the retail work and give your money at the bank. Its naive to think everything is so cut and dry. [/FONT]

if its impossible to save because of inflation then how are you not losing even more money when the govt (which is far for inefficient than you would be with your own money) has control of 15.2% of your money for 45 years?
 

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agreed and if you let them save and invest 15.2% of their money for 45 years instead of letting the govt hanle it they will come out far ahead

It is invested in US bonds.

I dont think that you have thought your program through and also dont fully understand the SS program.
 

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It is invested in US bonds.

I dont think that you have thought your program through and also dont fully understand the SS program.

please explain why you think i am wrong and why you feel the govt can get me a higher return on my money than I can (and why they should have the right to control 15.2% of MY money to begin with)
 

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if its impossible to save because of inflation then how are you not losing even more money when the govt (which is far for inefficient than you would be with your own money) has control of 15.2% of your money for 45 years?

Im not talking about me, im talking about those that are just getting by working your average joe schmo job. And im all for little taxation as possible.
 

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Im not talking about me, im talking about those that are just getting by working your average joe schmo job. And im all for little taxation as possible.

as am I-for everyone across the board- and if the gvt didnt piss away so much money it would be very simple to achieve this
even for jo schmo they will end up with more money saving on their own than they will through ss
 

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as am I-for everyone across the board- and if the gvt didnt piss away so much money it would be very simple to achieve this
even for jo schmo they will end up with more money saving on their own than they will through ss

Its a ponzi scheme, nothing more nothing less. Both sides are implicated.
 

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As I said you need to educate yourself on what SS is.

A clue it is not a savings plan. That money that you (and your employer, in your name) put in there is not yours. You my get it back plus or you my get nothing. It is more like insurance than savings.
 

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As I said you need to educate yourself on what SS is.

A clue it is not a savings plan. That money that you (and your employer, in your name) put in there is not yours. You my get it back plus or you my get nothing. It is more like insurance than savings.

I am aware that it is insurance. Sorry if i was ambiguous-

1) It is my money and they take it from me
2) Anyone with a brain, even after the recent market drop would be far better off if they had invested there money for 45 years relative to what they will get from the govt (most likely nothing for me as Im 26)
3)In my case I actually pay both ends as Im self employed, but either way it is your money
4) All i ask it for the option to opt out and people to choose to have theirs privatized- as in fine i cant touch that money until im 65 but I can do with it what I wish to have it grow before then
 

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Widening Gap between Rich and Poor: US cities now compare to African cities
October 23, 2008, 12:24PM


Another "Banana Republican" sign: According to a new UN report, as reported in The Guardian, US cities such as New York, Atlanta, New Orleans, Washington, and Miami, now rank among the world's greatest - in terms of disparity of income. We knew this gap was growing in the US. But did we know that many of our largest cities now compare to cities in Africa in terms of disparities between rich and poor? Did we realize that race was a significant factor in these disparities?

As we face the election of our first Black President, in the midst of the greatest financial crisis since the Great Depression, this UN study suggests a potential for civil unrest as well:


"High levels of inequality can lead to negative social, economic and political consequences that have a destabilising effect on societies," said the report. "[They] create social and political fractures that can develop into social unrest and insecurity."


It is a tragedy how far the United States has descended from our proud aspirations of social equality, particularly during the past 8 years of the bush administration. It is particularly tragic that republicans have worked so hard to foster wealth-shifting, and divisions along racial, ethnic, and religious divides in addition to wasting so much time, energy, and money on bush's vendetta with Iraq.


"It is clear that social tension comes from inequality. The trickle down theory [that wealth starts with the rich] has not delivered. Inequality is not good for anybody," said Anna Tibaijuka, head of UN-Habitat, in London yesterday.


We have traveled so far from our ideals in these 8 years. We have tortured. We have spied on ourselves. We have weakened our Constitutional protections. We have lived way beyond our means as a nation and created a wealthy class to rival the early years of the 20th century. But so many people have paid a terrible price in terms of life expectancy and infant mortality, in a nation which imprisons a greater percentage of our population than any other nation and spends half of the entire world's military budget.

We have a lot of work to do. We have a lot to undo. So many great tasks lie ahead of us.

We are focused on Nov. 4.

But reducing the disparities in equality, in justice, in health care, and so many other areas lie ahead.

I'm thinking of Nov 5. And beyond.
 

Conservatives, Patriots & Huskies return to glory
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some great stuff found in this thread

was any Obama supporter right about any issue? did the gap between rich and poor improve? LOL

I especially love Punter's post about RR's tax cuts NOT growing the economy, but Clinton's tax increases on the rich did. You would think he didn't even know much Clinton's early term tax increases impacted people that would never even pay income taxes, or paid very little (read, he increased taxes on the poorest of the poor). In 1995, two years after his tax hikes, his own office released budget projections of deficits being 200 billion per year for the entire term of their projection. that was horrible in that era, and clearly proof they didn't even think their own budget worked as promised.

the surplus was not achieved until after he signed Newt's budget cutting taxes across the boards, the same budgets democrats opposed and the same budget democrats said would destroy everything for everybody (sound familiar?). today, democrats who demagogued that budget actually take credit for it's successes, as does their flock. Literally true
 

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