House set to pass new "hate crime."

do you think, for instance, that bill gates, (or in your case, steve jobs might be a better example) is rich at your expense? did he take from you to get his money? these super-rich they are offering a service that people want. people who purchase their service are enriched for having it available.

i need somebody competent to run the biggest oil companies in the world, somebody with incredible management and people skills, somebody who can organize and run a worldwide zillion dolar enterprise. i cant do it, i dont have the skills, neither can 99.9% of people. so some elite guy with a degree from wharton and 40 years of kicking ass in business steps up and gets paid.

do you think that A-rod, or any other person who has an elite skill that we dont have is getting rich at your expense? is A-rod making money that otherwise would have gone to the poor? no, he is getting paid for services he is providing the market. even if the gap between my income and steve jobs or nick saban is widening, it doesnt mean the money they are making came from my pocket. when people bring a service or product to the market, they enrich the market, they make the pie bigger.

steve jobs is loaded because he enriched your life with an ipod and powermac. he is rich, and you get neat looking hardware, you are both winners, thats how free trade works. free exchange helps BOTH sides. a super-richer person is helping the economy by providing a service that people want, a service that helps them.

 

Bottom line: the rich are the ones who create jobs and pay the majority of the taxes. Not the Government. We should encourage people to get as rich as possible, as easily as possible for the good of everyone.

 

there isnt a limited pie where when i take my part, your part gets smaller. if i have a marketable skill or product, i bring that to the pie, the pie gets bigger that it was before, i put my ingredient in the pie, and exchange it for a share of the larger pie relative to what i put in.

the oil company that makes billions, they facilitated millions of us getting to work, letting us live somewhere with a backyard, delivering everything we have, they added utility to our lives. it isnt like we paid them and got nothing. they enabled a whole new suburban lifestyle for millions.

free trade is just that, trade, not "take". voluntary exchange of goods makes some people rich because people would rather have what they have to offer than the money they paid them. they have made an exchange for mutual benefit. nobody lost. steve jobs has bilions, but millions of people now have less money, but they have ipods they enjoy. both sides win.

the ultra rich have helped more people than anyone else, because they provided them a service they wanted.

this all seems so simple i dont like to type it.

 

Type it out as a slogan. Then people will understand.

 

the original point about democrats playing the class conflict card is true. there is always an emotional "us vs them" mentality that people wil buy into. this seems crazy in america where even the lowest level chump can get an easy 9-5 job and live like a king relative to other crappy countries.

we need to recognize that we are rich, recognize how we got that way (freedom/trade) and let trade roll worldwide. this proletariat vs bourgeois mentality is the path to self destruction in the worst case, and a massive quality of life limiter in the best case.

 

Despite all the tax loopholes, tax exempt/deferred investments, etc., the top 1% pays 37% of all individual income taxes. The bottom 50% pays less than 4%. How much more would you like the rich to pay?

Tax Foundation

So we should punish people by making them pay outrageously high taxes just because they had the good fortune to be born into a rich family? And screw all those who worked hard and were fortunate enough to make it big?

Meanwhile, we take their taxes and hand it over to people who are too lazy too work for it. Something is wrong with that kind of system.

 

Evidence? Have you ever been given a job from a poor man? Or from the Government? Nope. Poor people don't create jobs. Neither does the govt (it grows itself).

According to the IRS for calendar year 2003, released in October 2005 by the Internal Revenue Service, the top 5% earners in the US pay 54.36% of all Federal Income Taxes.

The top 10% pay 65.84%.

The top 50% pay 96.54%.


The top 1% is paying nearly ten times the federal income taxes than the bottom 50%

So tell me again how our system benefits the rich? It might feel like those fat cats are avoiding taxes, but that isn't the truth, according to the govt's own numbers. If there is any branch of govt whose numbers I believe, its the IRS. Go figure the only branch of govt that is really good at what it does is the one who takes your money from you.


Source: http://www.irs.gov/pub/irs-soi/04in06tr.xls

 

i do not like when red plays dumb and asks us to explain things to him he already understands.