So, what do you think? How much is too much?
As soon as human induced climate change causes the food supply to plunge,
and the great starvation and die-off begins, such questions will be meaningless.
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It's about deregulation and the fact that the wealthiest have been growing disproportionally richer in the last decade or two at the expense of pretty much everyone else.
Cookie Monster sums it up pretty well.
Yes, there always going to be rich and poor. But we used to live in country where rich owned factory and make 30 times what factory worker make. Now we live in country where rich make money by lying about value of derivative bonds and make 3000 times what factory worker would make if factories hadn't all moved to China.Capitalism great system. We won Cold War because people behind Iron Curtain look over wall, and see how much more plentiful and delicious cookies are in West, and how we have choice of different bakeries, not just state-owned one. It great system. It got us out of Depression, won WWII, built middle class, built country's infrastructure from highways to Hoover Dam to Oreo factory to electrifying rural South. It system that reward hard work and fair play, and everyone do fair share and everyone benefit. Rich get richer, poor get richer, everyone happy. It great system.
Then after Reagan, Republicans decide to make number one priority destroying that system. Now we have system where richest Americans ones who find ways to game system -- your friends on Wall Street -- and poorest Americans ones who thought working hard would get them American dream, when in fact it get them pink slip when job outsourced to 10-year-old in Mumbai slum. And corporations have more influence over government than people (or monsters).
It not about rich people having more money. It about how they got money. It about how they take opportunity away from rest of us, for sake of having more money. It how they willing to take risks that destroy economy -- knowing full well that what could and would happen -- putting millions out of work, while creating nothing of value, and all the while crowing that they John Galt, creating wealth for everyone.
That what the soul-searching about. When Liberals run country for 30 years following New Deal, American economy double in size, and wages double along with it. That fair. When Conservatives run country for 30 years following Reagan, American economy double again, and wages stay flat. What happen to our share of money? All of it go to richest 1%. That not "there always going to be rich people". That unfair system. That why we upset. That what Occupy Sesame Street about.
I don't think there is an amount that is too much to have but more an amount where it becomes you have this much already and then a progressive income tax should start taking into effect to benefit more people but may get really high like a marginal tax rate of 80 percent of over 5 million dollars. I say make each dollar above a certain amount. Naturally I would also like these brackets adjusted with inflation to prevent the bracket creep problem.
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How much is too much?
Infinity.
For example, a person can make a bazillion dollars a week and if he's creating jobs which increase the economic opportunity of other people, I'm cool with that.
I'm cool with him helping no one.
Now we have system where richest Americans ones who find ways to game system
If the system is broke, the onus falls on the government to fix it. The private sector works with whatever system the government has put in place.
I'll care about climate change as soon as left wingers stop supporting policies which promote the things which cause climate change.
... could you be a tad more specific?
How much is too much?
When you start owning things like Hummers and Jets. That's the signal that tells me that you don't know what to do with your money, and that you have too much of it.
Just my opinion. (cause, well, you asked.)
lol
Ultradan
RPG Superstar Season 9 Top 16, RPG Superstar 2015 Top 32
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How much is too much?
When you start owning things like Hummers and Jets. That's the signal that tells me that you don't know what to do with your money, and that you have too much of it.
Just my opinion. (cause, well, you asked.)
lol
Ultradan
Hummers and Jets are what you have an issue with?
I want travel the world, own a $10,000 gaming table, take raceing and stunt car driving lessons, and own a classic car that is worth about a quarter of a million dollars. I also want to write a check to charity with so large the person I hand it so passes out. I want to be able to launch likenessess of my daughter's boyfriends with a trebuchet as they are pulling up to my victorian mansion.
I would argue that most of them know exactly how to spend money. They seem to do it well too!
It's when they buy things like an art piece that is worth a million and all it is is a stain on a huge white panel. Or when they buy action figures of themselves. Or gold toilet seats. That is when they might have so much they are not sure what to do with it.
I want travel the world... and own a classic car that is worth about a quarter of a million dollars...
It's when they buy things like an art piece that is worth a million and all it is is a stain on a huge white panel. Or when they buy action figures of themselves. Or gold toilet seats. That is when they might have so much they are not sure what to do with it.
Well, to me, I get as exited for a 250 000.00 car than as for a gold toilet seat. I find them both ridiculous.
But that's just me.
Ultradan