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Author Topic: Rich have too much  (Read 3301 times)
OpenCryptoSystem (OP)
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January 30, 2021, 12:08:13 AM
 #1

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
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January 30, 2021, 01:19:08 AM
Merited by DrBeer (3)
 #2

If there are laws that give all the wealth to the poor, then eventually there will be no more wealthy people. Then, how will the poor survive?

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January 30, 2021, 01:43:07 AM
Merited by vapourminer (1)
 #3

People don't need money, protests or violence. They need information.

Knowledge which allows them to put current events into perspective. So they need not rely on billionaire owned media, and billionaire funded experts to explain things.
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January 30, 2021, 01:52:35 AM
 #4

Even if you make a complete financial reset, it will not take a month before inequality arises once again. In other words, it is futile. In the human world, there will always be some who will turn out rich and some who will turn out poor.

From where I am living, there is a specific national agency which is tasked to take away extra land from the rich landowners and give them to poor farmers who don't have lands to till. Fast forward to 10-20 years when that free land will mature into private properties of the farmers to which they can do anything. Majority of these pieces of land will be sold. In the end, these farmers or their children will once again become landless farmers. What will the government do next? Confiscate some more land to distribute to them? It is going to be a never-ending cycle.

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January 30, 2021, 03:06:16 AM
 #5

If the rich make money and still have to distribute it to the poor, then who will be rich, just wait for others to give the money.
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January 30, 2021, 03:45:02 AM
 #6

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
Impossible, if you will just give the poor money that has been not used by the rich then probably it will be unfair. Why? simply because the rich are the ones who make work with it and just because they don't have money, you will give them? Absolutely NO. In the real world there are protagonists and antagonists also there are rich and poor to balance the world. Let them work in order to gain money, not just by begging in the streets and etc.



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January 30, 2021, 04:07:40 AM
 #7

The rich do have too much. More than they will ever need. In a way though, they are also the custodians of that wealth. It takes a lot of ingenuity, courage and continuous work to become and stay wealthy. The problem is not so much with inequality but with the fact that a few 100 people at the top now have the ability to set agendas for future, manipulate public sentiment as well as monitor individual progress. Technology as well as money has enabled it. Now is that a good thing or a bad thing is not easy to decide.

Just take a small example of this forum as a sort of society. At the top are the likes of @Theymos, CM campaign etc. CM is the central banker while Theymos is like the Government. DT members are your lower level politicians. CM campaign members are the rich businessmen who have worked hard to get here and earn a lot setting an example for the other hard working people of this BCT society. You also have the criminals, the police and the downright lazy-ass bounty hunters who take power and pride in numbers rather than virtue.

Imagine what would happen if Theymos were to one day decide that all of these were equal. All major campaigns shall distribute all their earning to every single individual AND none of the DT1 members will have the power to tag or flag someone. (coz we are all equal, right?)

I think it will be pure anarchy and mobocracy. Those who think that they deserve better than others will organize the mobs to red tag the better members. (has happened) The hardworking group will silently fall to the sides judging the thing to be beyond redemption. There will be a few like @suchmoon (or would have been Lauda) fighting till the end but they won't be able to enforce anything without some sort of leverage over the members of this society. The leverage being the ability to tag, the trust system and good contributions leading to stepping up the wealth pyramid.

You see, Political power and wealth are leverages for the society to keep functioning. Remove them and it'll all come crashing down. Much to the temporary glee of the lazy and entitled members of society who tend to fervently believe they deserve the best and those who are better off, are so only because of their luck or some other factor.
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January 30, 2021, 05:19:56 AM
 #8

This is not a good law.

I know that you are just talking about it so you could help those that really need it. The flaw in your proposition is that most of the poor people are not even trying to make a way so that they could be successful one day. If you will just give the poor the money of the rich people, don't you think that it is just unfair and people would just rely on that help?
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January 30, 2021, 05:31:08 AM
 #9

This is not a good law.

I know that you are just talking about it so you could help those that really need it. The flaw in your proposition is that most of the poor people are not even trying to make a way so that they could be successful one day. If you will just give the poor the money of the rich people, don't you think that it is just unfair and people would just rely on that help?

Exactly, They won't even try to work anymore as they will know they will get money from someone who is working way harder than them.
Eventually, a major population will decide to follow this and at last, there will be no rich left
 or
There will be riots as Why a person who has worked hard will give his asset to someone who is not even trying to move his ass.

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January 30, 2021, 05:43:41 AM
 #10

These are beautiful ideas, but they are dreamy. Unfortunately, there can be no such law in any country or time. You can review the history of all countries. You will not find such a law. This law will not exist in the time of the prophets, but in the time of these governments they will take more and more taxes from you even if You were poor, on the contrary, in a corrupt country like mine, they take more taxes from the poor than the rich because of corruption.

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January 30, 2021, 06:44:50 AM
 #11

It honestly isn't enough tbh, even if you wanted to distribute the wealth of the rich. In the end, knowledge of what to do with that wealth, together with wealth itself, would idealistically be the best idea to take, but it's just isn't gonna happen. Most people even if you gave them a million would one way or another squander it somehow without even letting themselves benefit from it to the fullest. In the end, equality isn't just going to happen. Equality is a positive idea yes, but it honestly would not bring any positive results to it, but rather more like negative vibes. Positive A and Positive B can be equal, yes, but the same could be said with Negative A and Negative B right?

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January 30, 2021, 06:53:04 AM
 #12

These are beautiful ideas, but they are dreamy. Unfortunately, there can be no such law in any country or time. You can review the history of all countries. You will not find such a law. This law will not exist in the time of the prophets, but in the time of these governments they will take more and more taxes from you even if You were poor, on the contrary, in a corrupt country like mine, they take more taxes from the poor than the rich because of corruption.

Rich people within a corrupt government would build their connection to officials, that's why they take more advantage with respect to taxations. Poor people tend to suffer for such a long time unless there's a change of government system, but it's really hard to do when the new leader has no political will. Cryptocurrency is the best alternative in order to protect the money of every citizen living in a desired country, without worrying about corruption because it's decentralized.
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January 30, 2021, 06:58:19 AM
 #13

I'm trying to understand what you are saying but it is hard for me to do it. Luckily after a few minutes I understand it Cheesy.

Anyway, governments will not create a law that is against the rich people. Its pure stupidity if they will do it. These rich people are big part of the economy. No country in the world has a law like this. You want a revolution?? Do it yourself Smiley.

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January 30, 2021, 07:06:48 AM
 #14

The problem is not distribution of wealth, but fair opportunity. Some people remain poor it's because it's either they are too lazy to let themselves grow and seek for opportunities, or there is a lack of opportunity. Some people were able to become rich because they are capable of seeking other opportunities such as going to college, finding new jobs and opportunities, and adding skills for self-development. The poor remain poor because there is poor educational system, lack of job opportunities and even knowledge on how to keep their wealth.
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January 30, 2021, 07:41:26 AM
 #15

Rich have too much !!'
Well, they worked for it and managed to get it. How about you stop thinking about them and start focusing on yourself.
Need laws the money u dont use long time will be taken and given to poor
Lol, that would be the stupidest law that will ever exist. This will just encourage the poor not to work. Would you want the same if you were rich?
Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
So you want government to tax the rich more and give it to the poor? How is that going to create a balance? It would just create a hate between the rich and the poor. The poor will start depending more on the rich (which in a way is always bad).
You are thinking about yourself only. Not the others.

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January 30, 2021, 08:35:49 AM
 #16

Now I've seen it all, member of bitcointalk (and I guess Bitcoin supporter) asking for more government control over people's property...

@OP Have you ever read any history books? It's like we don't have enough examples in the past how redistribution of wealth ended up, and people risked their lives (and still do) to escape from such "fair" societies. Some parts of highly developed countries (see eastern part of Germany that is still behind) still feel the consequences of those ideas.


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January 30, 2021, 09:02:52 AM
 #17

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

This is very difficult to do. Sure you could increase the tax rate for the rich, but they might just leave the country and move to Switzerland or some small island with no tax rates. As long as there is not international solution, rich people can just play around the tax laws. It would be hard to just take away their money.
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January 30, 2021, 09:09:27 AM
 #18

That's funny, isn't the whole point of people working hard day and night is to hoard the wealth? Imagine if your money could be taken that easily are you still willing to work your ass off? the day when such laws (distributing rich money to poor) is the day when everyone become lazy and there's gonna be no development in technology.
Those rich people become rich for reason and if they get it from working hard I don't see any problem. Taxing is enough.

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January 30, 2021, 09:39:42 AM
 #19

Well, you see, I think instead of taxing the rich and then using those funds for government use, we should make it obligatory for the riches to give charities and be responsible for running some free hospitals and NGOs. The tax that gets collected from the rich are used by politicians for their own benefit, and we live in this system where the rich always becomes richer and poor becomes poorer without any limit. There should be major change in economical system to change that.
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January 30, 2021, 10:20:52 AM
 #20

instead of forcefully taking the rich money and feed it to the poor, it's better for government to tax the unusually rich maybe a bit higher and then use it to fund education cost for the poor.
That solution will prevent from the uneducated poor people from wasting money for something unnecessary because that's always the case when some people get free money and then using it to buy booze.
The money should be well used for increasing opportunity of jobs for the poor by that you can reduce economic gap otherwise it's only temporarily helps.

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January 30, 2021, 10:36:41 AM
 #21

well, world call it "balance" . i've viewed a similar thread like this , why they can bought a expensive yacht but why they seems doesn't care with the poor . then u will know why they bought the yacht.

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January 30, 2021, 11:54:10 AM
 #22

Rich people became rich  because they worked hard for it and mostly rich people have high dreams and they believe of their capabilities that's why they were in the position they deserved on the society. I am not underestimating poor people but they usually lazy and stubborn always relying on the help of others and government as well. Rich people have high taxes too.

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January 30, 2021, 12:14:01 PM
 #23

Do you think its unfair to have rich people while others are unfortunate to become poor?

Its absurd to have a specific law of giving to the poor the money of rich people that they didnt use for long time. Just think on how they acquire it, you cant see money anywhere there's a process to accumulate it and that is by working hard.

Instead of thinking how to take advantage the assets of rich people, why dont you work hard and set a goal to improve the way you live.

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January 30, 2021, 12:46:39 PM
 #24

Or maybe the point is not that there are many rich, but that there are a lot of lazy people who do not want to strain, but who want to live well, though at someone else's expense? We are not talking about the rich type of the Rockefeller families and the like, who, I remind you, have become like that for centuries and thanks to their minds. Most likely we are talking about a lot of rich people who in a fairly short time (conditionally) became millionaires. Did they steal the money? Criminally, deceiving, took possession of them? No - this is an assessment of their studies, efforts, hard work ... Now answer - why are these people obliged to support someone who does not even want to "lift a finger" to improve their situation. If we talk about third world countries where poverty is a "habit of living like this" - and here the rich are not obliged to support the poor, the rich can invest in their economies to create jobs, create a demand for specialists, which means they will instill a desire to learn and develop. ... This is provided if the population is ready to work and adhere to the rules ... Well, you know what I mean!

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January 30, 2021, 01:45:44 PM
 #25

All people deserve to become rich, but they need to work very hard than the other people, which I do not think that many people will want to do that. I think only some people who are willing to work hard and not use their time to relax or do their hobby because they dream that they can become rich in the future.
People who rich can share their money in the donations forms to help poor people in other countries. We already have the revolution in all countries, while many people are trying to rise in this pandemic. But maybe not all people will have the big chance to become rich and accept their situations.



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January 30, 2021, 02:24:14 PM
 #26

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Islam has a very good solution to these problems. In Islamic law rich people has to pay some portion of their money to the poor as a donation. They call it "jakat" which has been officially collected and distributed by the Govt in the golden ages of Islam.  I do not find any better solution besides this which can lower the difference between rich and poor.

You can get more knowledge about it in here: https://proven-sa.com/2020/03/calculating-zakat/
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January 30, 2021, 04:16:06 PM
 #27

that's not the perspective. In regulating the economic balance, we often see how a person is poor or rich. rule after rule cannot be changed and burdens the poor. all taxes receive it, based on their adjusted holdings. the state plays a role in regulating the taxation system. As long as we can and are able to use information, then I don't see poverty. not about money, but about the knowledge that makes one rich.

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January 30, 2021, 05:06:11 PM
 #28

I wonder one thing... so I have some of my own calculations, with a few millions I would live like a boss until the rest of my life, with my family! I could stop working and still have everything! So why people need 10 millions, a billion... zillion? Is it because of the bigger house, bigger boat? Is it more about controlling others with the money you have?
Why someone needs a billion dollar? When you can have a full life even with a lot less... those people are probably broken inside... it's what I think! They have some psychological problems...

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January 30, 2021, 06:51:47 PM
 #29

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
Well actually, we can never cut that culture where the rich are just getting wealthier while the poor are getting poorer. If you want to escape this cycle, it is all in your hands. If you are going to let the rich ones use you to get richer while you are just barely surviving, it will never stop for sure. It's not about the taxes cause the rich ones are those who pays much larger amount of taxes. It would be best if you start rethinking your life again and start having a mindset alike with the rich ones where they keep on building their dreams through those who are discouraged and afraid to build their own.
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January 30, 2021, 07:57:49 PM
 #30

Being taxed more just for being rich is unequal but not doing so creates inequality as well. It's double-edged. Like, would it be fair if you made a million bucks for the gov to take a larger % of your earnings than they would from someone who's earning $2k a month? Why so? Maybe the $2k/mo guy has a very easy job while you've earned your million through hard work. How's that fair?

There'll always be hoarders. If larger sums equal larger taxes, then a lot of people will prefer to rather illegally cash in their bucks. That is also bad.

Creating a world where equality exists means going after some communist/extremist principles one way or another, and let's not forget that lots of governments take so much money they do nothing with besides stealing it and throwing it into their own pockets. It's almost impossible to do it peacefully.
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January 30, 2021, 07:59:42 PM
 #31

Being a rich is a dirty thing too, there are only certain people who have become rich from honest work, otherwise everything happens from dirty job. Don't have an expectation that they study and work hard.

But at the same time, why are you poor? Yeah, it's hard to be poor but it's hard to be rich too. Just sitting at home and doing nothing can't bring you money. Work hard smartly.

And, if we set higher taxes on rich people, we have to put highest percentage of money into education. When there will be an educated people, politicians and "bad guys" will have less power on people. Right now, fake promises and fake hopes still win over people.

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January 30, 2021, 08:48:34 PM
 #32

Being taxed more just for being rich is unequal but not doing so creates inequality as well. It's double-edged. Like, would it be fair if you made a million bucks for the gov to take a larger % of your earnings than they would from someone who's earning $2k a month? Why so? Maybe the $2k/mo guy has a very easy job while you've earned your million through hard work. How's that fair?

How is it fair that one person is must pay $1 million in taxes and another must pay 0, especially when the person that pays 0 gets more in benefits? Wouldn't it be fair only if each person pays the same amount of taxes and receives the same amount of benefits? It is argued that the wealthier person pays more because they can, but is that fair? It seems more like extortion to me.

Being a rich is a dirty thing too, there are only certain people who have become rich from honest work, otherwise everything happens from dirty job. Don't have an expectation that they study and work hard.

If you ever become rich, I will remember your post. I will claim that you are dirty because you are rich and most rich people are dirty, and I will use your post to make my point.

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January 30, 2021, 10:11:27 PM
 #33

It pains me to say this. But a world where nothing is inventivised and everything is free will not work.if we are benevolent creatures who are all for peace and world understanding then it might happen, but we happened to be creatures of greed, sloth and profiteering, so no one will take the action of labouring so the rest of the society can survive. That's how it is, that's how me and you will act once it happens
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January 30, 2021, 10:20:58 PM
 #34

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Nope, this thing wont happen even on my wildest dreams.There's no such thing about giving those funds back to the poor and imagine on how hard those rich men do able to reach out that state
neither via investment, inheritance, pure hard work and other viable reason for him to reach that one and ending up on taken and give to the poor?

thats not how the reality works and you should really stopped on imaging for that thing because it wont really happen no matter what.
Instead on having that jealousy then better work hard and make yourself improved in terms of living and financial status.

R


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January 30, 2021, 10:32:28 PM
 #35

If there are laws that give all the wealth to the poor, then eventually there will be no more wealthy people. Then, how will the poor survive?

Moreover, if you give money of the rich to the poor, won't that make the poor rich? What then? The poor will fight among each other, or maybe the rich, who became poor, will fight to get back what was taken from them? The ideas of Robin Hood are pretty dead in modern capitalist society and may it stay this way.
Question for OP: Who is going to decide which people are rich and which are poor? It's pretty easy if you look at the extremes and put together a single mom who works in a diner to feed her children and Jeff Bezos, but let's look at the middle. Where will you draw the line? Is someone who has $10m going to fall into the "rich group"? How about someone who has $100k in the bank?

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January 30, 2021, 10:43:57 PM
 #36

I'm not saying capitalism is good or beneficial, but if we keep our ways right now, the concept of hierarchy of wealth will remain the most sound and effective way of dealing with society. Someone has to man around people to do the work and be of service to the rest of the society, if we just give people money, there will come a point where they won't want to work anymore since they're gonna be incentivized anyway, so for a concept like free money to work, altruism is something that must be done by everyone.
Being a rich is a dirty thing too, there are only certain people who have become rich from honest work, otherwise everything happens from dirty job. Don't have an expectation that they study and work hard.

But at the same time, why are you poor? Yeah, it's hard to be poor but it's hard to be rich too. Just sitting at home and doing nothing can't bring you money. Work hard smartly.

And, if we set higher taxes on rich people, we have to put highest percentage of money into education. When there will be an educated people, politicians and "bad guys" will have less power on people. Right now, fake promises and fake hopes still win over people.
Taxation only works up to a certain degree, everyone should rule in negative factors like graft and corrpution in the government's end because those will always exist, so the more taxes imposed on people means more leeway for these politicians to earn ill-gotten wealth.

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January 30, 2021, 11:00:07 PM
 #37

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor
Do you know about the quote about giving man a fish and teaching them how to fish?
Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
If you insist to start for a revolution, do it alone. I don't want to be involved with something like this that's totally threatening the government. We can help others in our own ways even without publicizing it.

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January 30, 2021, 11:08:47 PM
 #38

If there is no poor people then there are no rich people. Some are rich people because they work hard for it and some are inherited. There is even a billionaire who donated his money to those who need it the most especially those country that may have another lockdown. It is not bad to share but doing it like that will only make the country's economy down.

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January 30, 2021, 11:12:03 PM
 #39

Isn't that too much? I mean, there are a lot of rich that people that already help poor people but I don't think it would always be the case. Just imagine if there are a lot of people that would take advantage of it and just rely on that certain law. Most of these people worked hard achieving what they have right now, for starters, they rich people and the government should give them sources of profits and not this.

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coolcoinz
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January 31, 2021, 12:06:34 AM
 #40

Rich people became rich  because they worked hard for it and mostly rich people have high dreams and they believe of their capabilities that's why they were in the position they deserved on the society. I am not underestimating poor people but they usually lazy and stubborn always relying on the help of others and government as well. Rich people have high taxes too.

As much as I hate the idea of socialist redistribution, generalizing this way is pretty naive. Sure, some rich people became rich because they worked hard, others like former wives of billionaires happened to marry the right guy and then get a nice divorce settlement. Let's not forget about those who inherited family money, or happened to invest in the right thing, like many Bitcoiners.

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January 31, 2021, 02:49:24 AM
 #41

Life is fair, it is all about action and the knowledge you have that you may use to be poor or to be rich, gaining a lot of knowledge plus skills would be a great advantage for you to get rich. Actually, those poor people shouldn't blame others for what they are now, we, ourselves would be the ones who would dictate our state in life. If we make ourselves known and be confident in ourselves then we can make more income and be rich in the future.

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January 31, 2021, 04:42:23 AM
 #42

People don't need money, protests or violence. They need information.

Knowledge which allows them to put current events into perspective. So they need not rely on billionaire owned media, and billionaire funded experts to explain things.
Easy to say on paper but there is a reason that this access in information is not achievable, fake news websites are earning millions to spread misinformation to make the populace choose sides on the story when in reality there is no sides to choose from. It is not information that needs to be achieved, we should radically change the school's curriculum that only aims to manufacture workers that are passive enough to accept the system that continuously exploits them. What we need is a change so radical that any attempt to exploit the system again is easily quashed by the people. We should teach people to think critically and question everything they read on paper.
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January 31, 2021, 08:25:59 AM
 #43

Life is fair, it is all about action and the knowledge you have that you may use to be poor or to be rich, gaining a lot of knowledge plus skills would be a great advantage for you to get rich. Actually, those poor people shouldn't blame others for what they are now, we, ourselves would be the ones who would dictate our state in life. If we make ourselves known and be confident in ourselves then we can make more income and be rich in the future.

I disagree a bit. Many people have their own faults for staying poor by not getting proper education and gaining skills but there are many who are just unfortunate to born in some place or family where they don't even have the means to pay for education or learning skills because they might deal with poverty as well. In these cases it's important for super rich people to build free schools and to take care of them and government should do more for these section of the society since they are helpless!
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January 31, 2021, 09:14:11 AM
 #44

They deserve to have too much because they worked too hard back in time
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January 31, 2021, 09:16:04 AM
 #45

If there are laws that give all the wealth to the poor, then eventually there will be no more wealthy people. Then, how will the poor survive?
They’ll become wealthy enough and help other poor, the cycle continues.
Seriously, a law like this didn’t exist because many rich people don’t want to give up their money easily and they’ll do everything to pay taxes from small to zero at all, besides rich people work for it so poor people have to do the same thing, its not right to feed them all the time.
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January 31, 2021, 09:25:59 AM
 #46

How is it fair that one person is must pay $1 million in taxes and another must pay 0, especially when the person that pays 0 gets more in benefits? Wouldn't it be fair only if each person pays the same amount of taxes and receives the same amount of benefits? It is argued that the wealthier person pays more because they can, but is that fair? It seems more like extortion to me.
If by "the same amount" you mean every single citizen should pay a specific, fixed sum of dollars, then is that called fair when you have someone earning billions vs someone living on a paycheck-to-paycheck basis paying the same amount of taxes and the poorer guy cannot even save a hundred bucks a month?

On one hand, I wouldn't mind it since the millions/billions have probably been earned the hard way. On the other hand though, it only allows the rich to earn even more while the poor are not allowed to progress anymore. This is why I call fairness impossible in society between the rich and the poor. It just cannot really happen. You can't steal someone's wealth just because they have it and you can't let the poor only get poorer. By going in between, it only opens up a large door for underground, black markets. No one is going to be fine with the idea of being a milli/billionaire and having their money casually and legally stolen by the poor.

At this point, it is almost impossible to bring the poor to the rich or vice-versa without being discriminated and having your money stolen. It's too easy for the rich to progress while it's becoming harder and harder for the poor to do the same as the economy is trembling. Wealth inequality will always be there.
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January 31, 2021, 10:17:27 AM
 #47

The difference between the rich and the poor is in their mindset. Rich people usually delay buying things that are not important and use their money
to buy assets, so that in the future assets that give money to the rich man. Meanwhile, if the poor get money, they will immediately buy consumptive
things first. So whatever government policy there will always be rich people and poor people. Therefore, if we want to reduce poverty, government
don't need to provide financial assistance to the poor, but educational assistance. Because most poor people have low education.

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January 31, 2021, 11:01:17 AM
 #48

Life is fair, it is all about action and the knowledge you have that you may use to be poor or to be rich, gaining a lot of knowledge plus skills would be a great advantage for you to get rich. Actually, those poor people shouldn't blame others for what they are now, we, ourselves would be the ones who would dictate our state in life. If we make ourselves known and be confident in ourselves then we can make more income and be rich in the future.
Everyone has a different opportunity in their life that not everyone can be rich in the same thing that we all have another purpose and destiny in life. So life is indeed fair because all we need to do is find something suitable for us to reach our goals. We should also keep moving forward and making our feet wet to face every struggle in life

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January 31, 2021, 11:21:28 AM
 #49

The wealth don't have that kind of responsibility, it is ours. If you were born poor, it's not your mistake, but if you die poor, it's your mistake, that's what the saying says. We don't need any laws that's so lame, what we need is to be hard working, smart working, and have a lot of source of income in order to achieve whatever life status we want for ourselves, it is our responsibility, we don't rely it to the wealthy people.
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January 31, 2021, 11:26:33 AM
 #50

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Then people will choose not to work hard, they will become lazy relying on that kind of mindset.

The essence of life will not be that thrilling when you will get rich instantly.

If you don't experience the other side of being rich then when you get poor, you probably don't know what to do in that situation. Being poor doesn't mean that you will be forever poor, there are a lot of opportunities there that will help you make yourself successful and rich enough in life. You just need to engage on it, gain experience, work harder, and deal with the reality of life.

If you have a dream, do your best to achieve it because no one will help you achieve that but yourself.
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January 31, 2021, 11:32:59 AM
 #51

I've had this perspective on how capitalist started.

It started when the hardworking ones do want to be separated from those who slacks and make fun of their own time instead of working to find food, clothing, etc.

The only problem I see is that the gap is now really big that the pinnacle of the richest man can even fed a whole country for decades and still not going into bankrupt.

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January 31, 2021, 11:57:21 AM
 #52

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

If you don't allow anybody to be rich, then what are going to do if somehow you managed to get rich as well?

If you tax the rich too much to the level of making them poor that would be socialism.

If you knew no matter how hard you work that you would never get rich why would you even bother trying?

Making everybody equals financially would be a punishment for the hardworking smart people.

Why do poor people make multiple kids while rich/educated people make only 1 or 2?

Crying for help and asking the government to destroy the rich would harm the poor the most in the end.

You destroyed the rich and yourself become the rich, what then? The same poor people will riot against you. Do you have a plan for that scenario?

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January 31, 2021, 12:25:46 PM
 #53

The wealth don't have that kind of responsibility, it is ours. If you were born poor, it's not your mistake, but if you die poor, it's your mistake, that's what the saying says. We don't need any laws that's so lame, what we need is to be hard working, smart working, and have a lot of source of income in order to achieve whatever life status we want for ourselves, it is our responsibility, we don't rely it to the wealthy people.
Every people will need to hard-working, no matter if they are poor or rich, because that will determine what they will be in the future.
If they want to have money or rich, there is nothing they can do but work hard.
With having a significant effort to work hard, I am sure our chance to become rich will be wide open.
We do not have to think about something that is not important and only focus on what we do while we need to plan what we will do.
Sooner or later, we will see a good result for us.
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January 31, 2021, 03:01:43 PM
 #54

What needy people need is knowledge and proper education to raise their lives and not rely on what the rich people can give to them. Cryptocurrency is also a tool that can help the poor if they have knowledge about it.

Poor people? How can they use crypto currency? They don't even have a social media account, they can't use phones, how can bitcoin help these people? If you consider yourself poor, then there are a lot of people that are poorer than you. Most of them are just so lucky that we live surrounded by mountains that is why they can eat 2 times a day.

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January 31, 2021, 03:17:43 PM
 #55

Poor people shouldn't rely on rich people because honestly, rich people have worked and sacrifice a lot to achieve what they have. If a poor person remains poor until the end that simply means he didn't do anything to change his life. There's no shortcut to being rich but it takes perseverance and hardwork so anyone who works hard could possibly get rich in the future.
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January 31, 2021, 04:53:15 PM
 #56

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
That is how communism starts, you know communism that has killed more people in times of peace than the worst wars in human history, private property is a concept in which the whole society is built, if you can suddenly take what it is rightfully mine then what it is the point of becoming a producer when you can just loot the stuff of other people, that is when you begin to see empty shelves in super markets and a lack of products everywhere, being rich is not wrong as long as those people reached that level by following the laws, but if they reached that level by violating the law then there is no doubt that their earnings are undeserved and should be penalized because of it.
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January 31, 2021, 05:04:24 PM
 #57

I wonder one thing... so I have some of my own calculations, with a few millions I would live like a boss until the rest of my life, with my family! I could stop working and still have everything! So why people need 10 millions, a billion... zillion? Is it because of the bigger house, bigger boat? Is it more about controlling others with the money you have?
Why someone needs a billion dollar? When you can have a full life even with a lot less... those people are probably broken inside... it's what I think! They have some psychological problems...

You are somewhat wrong about the phrase "he is a billionaire." This does not mean that having entered his house, you will everywhere come across packs of money, of which there are a total of 1,000,000,000. No, he may have 100 bucks in his wallet ... and he may even have a lot of debts. When people talk about such people, they are not talking about the cache in their pocket, but about the estimated value of this person's assets.

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January 31, 2021, 07:19:55 PM
 #58

I think the one person that will blame the rich for been is rich is a poor man, poverty is mind set and people need to understand this, if I have money and you think I should give you, then that people will remain poor forever until he/she understands that you need to create value before you get money, this is what most of these poor people don't understand. If you take all money that Elon Musk has today, I believe in 10 years time, he would have become a billionaire again because he knows how to create value for others

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January 31, 2021, 08:03:57 PM
 #59

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

With crypto no government will be able to just take money from rich or poor. So your revolution will have much more problems in future crypto societies than in today's fiat societies.
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January 31, 2021, 08:26:31 PM
 #60

If there are laws that give all the wealth to the poor, then eventually there will be no more wealthy people. Then, how will the poor survive?
They’ll become wealthy enough and help other poor, the cycle continues.
Seriously, a law like this didn’t exist because many rich people don’t want to give up their money easily and they’ll do everything to pay taxes from small to zero at all, besides rich people work for it so poor people have to do the same thing, its not right to feed them all the time.
The problem with the rich is not that we have so many of them, it is the fact that they are not rich in the regular sense we all know of and it is harder to tax that. For example Elon Musk is super rich right now right? Nearly 200 billion dollars?

Well, he doesn't have 200 billion dollars, it is just that his stocks in tesla worths a lot of money and that is why he is rich. If he had 200 billion dollars in cash at some bank account, you could have said give some of it to tax, but when it is his stocks that worth that much, you can't really say anything like that. So what should we do? We should tax the companies that make a huge profit and increase in stock value, if you tax the companies a lot instead of people, those people who became rich thanks to stock increases would not be able to because companies would pay insanely high taxes and can't go up that much anymore.
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February 01, 2021, 05:22:27 AM
 #61

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Im one of those people that agree with you when I think there are so many people that are so rich they have more money then they can even spend in multiple lifetimes.
Then there are people like me who work 10 hour days and sometimes work harder then these rich people.  I wish there would be a system where I am allowed some of their money instead of them paying taxes on it. 
Imagine how that could work out for the lower class.   

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February 01, 2021, 09:08:33 AM
 #62

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

I didn't get your point. Can you please be more elaborate what you want to say?

What is your problem if someone is rich? Poor should not expect any alms from them or from government. They should work hard or have patience.
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February 01, 2021, 09:39:30 AM
 #63

It is a sad fact of the reality that you can not escape. But will you choose to change your fate, or will you only prattle on this forum. No government will accept such tax because the main avenue belongs to their companies. Maybe you try to avoid it but it is true that they create millions of jobs for us

Instead of groaning here, there are several ways to help you to earn more money and escape from being a poor one. In my opinion, education is the most important tool giving you the power to achieve anything. In the era of Internet, you can find a variety of courses from different sources which improve yourself, your experience and your productivity. Try to change yourself before thinking of change a whole system

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February 01, 2021, 10:20:15 AM
 #64

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

I didn't get your point. Can you please be more elaborate what you want to say?

What is your problem if someone is rich? Poor should not expect any alms from them or from government. They should work hard or have patience.

The question should for each country is the poor population increasing or decreasing each year. What are they doing so that poor can learn some skills and implement in their life so that they can earn themself and have a life for themself rather than depended on others? Teach a person how to catch a fish rather than giving them fish.

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February 01, 2021, 11:40:10 AM
Last edit: February 12, 2021, 02:38:04 PM by marcbitcoins
 #65

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

I think this is not about creating anti-rich laws but the choices that we have. We have plenty of choices if we want to put work into it, just like I did. I went to college with just a penny, I had about 5 shirts to wear. I did it all with all my efforts and become successful therefore saying the poor don’t have choices is just an excuse. It’s always easy to come up with excuses on why you can’t do anything.
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February 01, 2021, 12:06:55 PM
 #66

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
That is a Good Advice so the Poor will be More LAZY and more Relying in Freebies?

If you have a Bright and legit Mind thinking , you will use the Richest person as reference on how you will be in future .

Look at them as a Model how they become rich , but unless the said rich person do the business in bad ways then they are the one who must be sequestered and the funds must be for the must needed.

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February 01, 2021, 12:40:01 PM
 #67

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

I didn't get your point. Can you please be more elaborate what you want to say?

What is your problem if someone is rich? Poor should not expect any alms from them or from government. They should work hard or have patience.

honestly, I can't understand the fact, but maybe if the rich people start with a poor , it will be good.

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February 01, 2021, 02:45:38 PM
 #68

It will be inappropriate and will create dependency among rich people who are struggling to make themselves be worthy of all the things they are earning because of hard work and sacrifice. The categorization and differences on social classes not just relies on the amount of money an individual possesses but as well as into his capability to make himself grow despite of knowing the limited relative resources available within his range. I am not saying it will be not good for poor people but such thing will not create fairness and equality for we are all struggling to make things work to attain what we are having as of the moment so better get yourself up and start working. Maybe a little help would work but not to the extent that they will be just dependent or relying into such existent law if it will be created.

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February 01, 2021, 03:06:49 PM
 #69

It's true that rich people could get richer but we all have the freedom to change our lives and our fate by working hard. We might not get rich instantly but our perseverance could change our status. Instead of blaming them for being richer, why don't we just have them as an inspiration to work harder? Life is hard but we should persevere harder.
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February 01, 2021, 03:27:37 PM
 #70

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

I don't know why on earth there is someone like you who is superficial, if you want to earn something then work to obtain it, don't just sit around expecting the results of other people's struggle to earn something and you get the share. Even if you doing nothing as a poor man, you are already enjoying the comfort of life indirectly, from rich people who work hard and pay more taxes than average joes to develop the country's economy, what keeps it from reaching society is a corrupt and inefficient government.
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February 02, 2021, 09:17:38 AM
 #71

Then there are people like me who work 10 hour days and sometimes work harder then these rich people.
Contrary to popular belief, rich and successful people don't sit on their asses doing nothing, majority of them work way more than an average blue collar worker as that's what it takes to succeed. Shoveling or some other manual labor is not necessarily harder than being responsible for whole company, its workers and everything that goes with it.


 
I wish there would be a system where I am allowed some of their money instead of them paying taxes on it.  
Imagine how that could work out for the lower class.  
That system wouldn't work as good as you may think. Take Jeff Bezos for example, whose net worth is approximately $180 billion. For the sake of argument let's say that he has that amount in cash and he has to spread it evenly among all people living in US. When you divide $180 billion among 330 million people which is current US population, every person gets ~$550. You will agree that's not life changing amount, not even in some poor 3rd world country, let alone United States.

Now imagine for how long would those people stay in countries where someone arbitrarily decided that he has too much and he has to give majority of his wealth to others? Successful and capable people would either leave asap or simply stop working hard, as what's the point? It's not like we don't have examples of that system failing miserably so we have to imagine how would it be.

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February 02, 2021, 12:58:52 PM
 #72

I'm sure if you are rich, you wouldn't ever think in such way how would you stand and let a police that will make the wealth you have worked for years be shared among the poor. We have to keep this kind of mentality away from us. You are probably working everyday to make an end meets. And after years of work and struggle and such a police is passed I'm sure you will do all you can to get that kind of police out with every power you have. The rich work for their money. We need right thinky mentality, to have a leveled up system. The government is doing less work to make life easy, these rich people are the one creating jobs throuy the businesses they have established. I'm not sure you think about that. What business can the poor create? If the money is shared among them, in no time the whole money will finish and everybody will be equal. All poor.

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February 02, 2021, 01:59:25 PM
 #73

There's no easy path to greater things. If you are born poor, no one blames you. You need to work hard if you want something. The idea of the author of this thread is kind of absurd because it's like pushing poor people more not to work on their current status since they will be provided with things that they need. Rich people are not unfair, they did all their best to put themselves in that position and we are to do the same.

Life is hard but we should persevere harder.

This may be true, but in order for us to not be burnt out by working endlessly, we also need to work smart.

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February 02, 2021, 03:51:16 PM
 #74

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

While I do think that rich people are getting richer by today's standards, implementing a law that will just donate cash to the poor will be detrimental in the long-run.

What is essential is the creation of job opportunities and access of education to the poor. In addition, healthcare services should also be free to the people which should be coming from the taxes. In a progressive tax system, those who have more should contribute more to the government but its revenue must be maximized in order to see the effects of it to the below-average earner.

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February 02, 2021, 04:21:40 PM
 #75

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Unfortunately you are right and we are now seeing probably the peak of capitalism and possibly its last days. In light of the recent events around GameStop, we can say that a confrontation has begun, which will definitely affect each of us. What will happen to the rich? Probably their wealth will change hands and this is not the first time this has happened. Apparently, the system has outlived its usefulness and we are on the verge of great financial turmoil, but unfortunately this does not mean that there will be fewer poor people, but each of them will have the opportunity to try to break out of this circle of poverty.
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February 02, 2021, 04:42:56 PM
 #76

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

How do you say that there should be a law that takes wealth away from people when they don’t use it for a long time? If it’s going to be like that then I guess we all are definitely losing our money, even you, because we all have money that we keep as savings which we don’t touch at all, the money will be taken if there are laws as such.

When you happen to be in situations where you will be needing money from your savings you wouldn’t have anything to save yourself from it. For me I would say that people should be encouraged to help others in the society who are poor, and there should be more jobs being created and every job should be well paying.

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February 02, 2021, 07:24:55 PM
 #77

Income inequality has been a problem of the world for decades now, but the scary part is that it is getting worse and worse every single day, one of the main reasons for this is the fact that huge corporations are not allowed to bankrupt.

If a company is doing great they are doing great and nobody does anything about it, even the poor people are fine with that because if you manage a company and make profit that is your right, however there are 3 main things that really screws over the world that poor people should be against.

The first one is those huge billion dollar corporations paying the absolute minimum for workers, amazon is one of the biggest companies in the whole world, yet their workers need food stamps to survive, that type of slave labor should stop.

Secondly when they do not make too much money, they get tax breaks and not pay taxes, they should pay even more taxes instead and us poor people should get tax breaks instead. Lastly when they bankrupt, they get bailed out, if a company bankrupts they should bankrupt.
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February 02, 2021, 08:18:12 PM
 #78

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

I think this is not about creating an anti rich laws but the choices that we have. We have plenty of choices if we want to put work into it, just like I did. I went to college with just a penny, I literally had about 5 shirts to wear. I did it all with student loans, paid it all back also. Saying the poor doesn’t have choices is just making excuses. It’s always easy to come up with excuses on why you can’t do something.

Nicely said!

Socialists want everything to be given to them and they always look at other people and count what others have.

Look at yourselves, put some effort into your work, count your own money and keep your hands out of other people's pockets!
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February 02, 2021, 08:19:43 PM
 #79

If the money of the rich people will be given to the poor, then this will entail huge conflicts.  Also, a bankrupt rich man will be overcome by apathy and progress will slow down, because as everyone knows, if people do not have the right to huge capital, then they stop in the development of their activities and spend everything to the last penny
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February 02, 2021, 08:42:07 PM
 #80

It is highly unlikely that such a rule or program was created because even people who are too rich cannot waste their money quickly, even before their money runs out their financial accounts will have money coming in every day. The rule is just a wish for you to get rich quickly, live rich and poor, there will always be an effort to adjust expenses or about a lifestyle, so that even though you are poor at least you can still cover your living needs with a big effort to keep the lifestyle simple.

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February 02, 2021, 09:48:14 PM
 #81

And what is the revolution? The rich get richer not just because they are rich, but because they have more opportunities. But in my opinion, the revolution has already taken place. If you want to get rich you have a lot of opportunities thanks to the Internet. Obviously, if you were not born rich, you will have to make some effort to become one, alas, this is how the system works today. However, it cannot be called unjust, because it exists in existence, and justice is an uncertain thing.

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February 02, 2021, 10:22:40 PM
 #82

And what is the revolution? The rich get richer not just because they are rich, but because they have more opportunities. But in my opinion, the revolution has already taken place. If you want to get rich you have a lot of opportunities thanks to the Internet. Obviously, if you were not born rich, you will have to make some effort to become one, alas, this is how the system works today. However, it cannot be called unjust, because it exists in existence, and justice is an uncertain thing.

There are just people who cant just accept the reality and would just hope that they would really be getting some assistance or giving out some freebies without doing much work.

On this world there is only rich and poor and to those who are in average. Being rich doesnt mean that those we're given or inheritance and most of them are the fruits of their hardwork

by ways of investment or businesses on what them make rich.Being poor isnt really a reason for you to stop nor just simply rely into others and its better to work hard
for your own success rather than on depending to others.
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February 03, 2021, 04:45:28 AM
 #83

This is not a good law.

I know that you are just talking about it so you could help those that really need it. The flaw in your proposition is that most of the poor people are not even trying to make a way so that they could be successful one day. If you will just give the poor the money of the rich people, don't you think that it is just unfair and people would just rely on that help?

Exactly, They won't even try to work anymore as they will know they will get money from someone who is working way harder than them.
Eventually, a major population will decide to follow this and at last, there will be no rich left
 or
There will be riots as Why a person who has worked hard will give his asset to someone who is not even trying to move his ass.

That is so true.

They are saying that this is unfair but this is also unfair. We can't just use inequality as a solution to inequality itself. What people needs, the poor is the chance, the opportunity for them to rise. And the problem most of the time is that there are a lot of opportunities for a lot of people but they tend to not accept or would not continue.
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February 03, 2021, 07:33:39 PM
Merited by vapourminer (1)
 #84

I want to remind all participants of the topic a historical example:
Once upon a time there existed, albeit not the most powerful, and not the most influential, and even under-empire, called the "Russian Empire". She captured a lot of foreign territories, resources, people. And by a certain moment, when a stratum of the rich was formed, something was built there, the economy worked more or less stably, and then there appeared "revolutionaries" whose idea sounded like this: "take everything from the rich and divide it among the poor" ... As a result, it was built an eternally poor, embittered, wild country called the USSR, which eventually collapsed. This is a historical example that says that one cannot "take away from the rich and divide among the poor", this will not lead to a solution to the problem, but will only aggravate it ...

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February 03, 2021, 08:34:34 PM
 #85

This is not a good law.

I know that you are just talking about it so you could help those that really need it. The flaw in your proposition is that most of the poor people are not even trying to make a way so that they could be successful one day. If you will just give the poor the money of the rich people, don't you think that it is just unfair and people would just rely on that help?

Exactly, They won't even try to work anymore as they will know they will get money from someone who is working way harder than them.
Eventually, a major population will decide to follow this and at last, there will be no rich left
 or
There will be riots as Why a person who has worked hard will give his asset to someone who is not even trying to move his ass.

That is so true.

They are saying that this is unfair but this is also unfair. We can't just use inequality as a solution to inequality itself. What people needs, the poor is the chance, the opportunity for them to rise. And the problem most of the time is that there are a lot of opportunities for a lot of people but they tend to not accept or would not continue.

Life is always been unfair where are things things which supposed to be on that manner but due to inequality when it comes to financial state of life then you would really having
more opportunities when you are rich since they are capable of things when it comes to money.Its just sad that opportunities are way more being offered to rich isntea
on poor ones well this is the reality and we don have any choice but to deal with it.Instead of complaining then its better to work hard and smart
so that you would able to enhance yourself in terms of your situation.

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February 03, 2021, 08:38:49 PM
Merited by DrBeer (2)
 #86

I want to remind all participants of the topic a historical example:
Once upon a time there existed, albeit not the most powerful, and not the most influential, and even under-empire, called the "Russian Empire". She captured a lot of foreign territories, resources, people. And by a certain moment, when a stratum of the rich was formed, something was built there, the economy worked more or less stably, and then there appeared "revolutionaries" whose idea sounded like this: "take everything from the rich and divide it among the poor" ... As a result, it was built an eternally poor, embittered, wild country called the USSR, which eventually collapsed. This is a historical example that says that one cannot "take away from the rich and divide among the poor", this will not lead to a solution to the problem, but will only aggravate it ...

This is such a good example.

We can take an even broader example. Every single communist and socialist country that ever existed either collapsed in time or made the people miserable, poor and deprived of human rights like North Korea.

Maybe this is why they hate capitalism so much because it works and their system does not.
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February 03, 2021, 11:37:25 PM
 #87

Life is always been unfair where are things things which supposed to be on that manner but due to inequality when it comes to financial state of life then you would really having
more opportunities when you are rich since they are capable of things when it comes to money.Its just sad that opportunities are way more being offered to rich isntea
on poor ones well this is the reality and we don have any choice but to deal with it.Instead of complaining then its better to work hard and smart
so that you would able to enhance yourself in terms of your situation.
As many people as there are, there are so many opinions, and different people have different ideas about justice. Someone is calm and philosophical about social stratification and appalling poverty, someone does not agree with this and some, on the contrary, even try to fight it. Personally, I agree with the view that excessive inequality and abysmal poverty should not be the basis of life in the 21st century, and social Darwinism is just a clumsy attempt to justify the failures of public authorities in social policy.
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February 03, 2021, 11:47:12 PM
 #88

The reason why rich people become rich is luck? Or knowledge?
Both but majority of them because of knowledge and attitude towards their investments and businesses.
The poor can only fight on their own, and I think they will also improve their lives. There are too many rich people. Is this inflation in various countries?
You should accept it that each country has their own rich people. But many of those rich people also came from nothing to something. It's all about the determination and grind of the people who are not yet rich because that will determine their future.

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February 04, 2021, 02:40:41 AM
 #89

America is, in principle, a democracy, in which every vote counts the same. It’s also a nation in which income inequality has soared, a development that hurts many more people than it helps. So if you didn’t know better, you might have expected to see a political backlash: demands for higher taxes on the rich, more spending on the working class and higher wages.
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February 04, 2021, 04:29:56 AM
 #90

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor
If this Happens then you can stay LAZY as what you are now and will Just wait for another Rich confiscated asset to be shared for you?
and if there is no rich people then we are all the same ? who will Build your house?
Quote
Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
But what i Believe that Richer must cover the taxes of the Poorer , Meaning they will Pay for the taxes that supposedly paid by Poor because they are gaining too small and be taken taxes.
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February 04, 2021, 04:37:20 AM
 #91

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Yeah.. they tried that in Venezuela and look at where they are right now. This strategy could have resulted in limited success a few decades ago. But nowadays it is very easy to move your assets from one country to another and to attain citizenship of smaller island nations where there is no income tax. If the government introduces confiscatory tax policies, then the rich are going to simply migrate to some other country, where the tax rules are more sane. And let's not forget what happened in France after François Hollande introduced the 75% tax for super-rich.

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February 04, 2021, 07:18:14 AM
Merited by vapourminer (1)
 #92

Someone has ran out of farming ideas.  Roll Eyes

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

  • Take a history book. (A nice one from amazon)
  • Open it. (Once you've bought it)
  • Read it. (Important part)

And at that moment you will realize that this topic requires much more discussion than a "simple" answer from a bitcointalk member. There are people that have died in order to have this (even unhealthy sometimes) capitalization. History has shown that taking wealth from the rich and giving it to the poor has failed. You shouldn't be looking what's the best for the world, but what is not the worst.

There is a system that I consider the "most equal for all", but cannot be implemented since Government won't ever allow it and it goes as following:

You have a steady income. Let's say $2000. At the end of the month, if you haven't spent a penny, Government will take half of what you've left, in this example, $1000. If you don't like that then, spend them. If you spend all the $2000, then it'll tax you $0. This way, the money will circulate which also means healthy capitalization. Money isn't meant to be kept on your closet.

What government does with that money is another discussion which is mostly why this way can't work.

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February 04, 2021, 08:05:46 AM
 #93

If the money of the rich people will be given to the poor, then this will entail huge conflicts.  Also, a bankrupt rich man will be overcome by apathy and progress will slow down, because as everyone knows, if people do not have the right to huge capital, then they stop in the development of their activities and spend everything to the last penny

No one's going to forcefully take a rich man's money and give it to the poor. No one has the right and it's morally as well as legally wrong to do so. However, the super rich can donate money and solve the crisis of millions of poor. You see, as one gets richer, their life style changes a lot. But a human being doesn't necessarily need so much high standard of living just for the sake of show off. If very rich people stop wasting money on things that don't even matter to them much then it will also help. For example, if they don't purchase their 340th car, and want to spend it on feeding 100 families for a year, they surely can. This is just my opinion, which is subjective and welcome for criticism Smiley
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February 04, 2021, 08:35:57 AM
 #94

It's true that rich people could get richer but we all have the freedom to change our lives and our fate by working hard. We might not get rich instantly but our perseverance could change our status. Instead of blaming them for being richer, why don't we just have them as an inspiration to work harder? Life is hard but we should persevere harder.
It's more of problem with the big corporations trying to open business with tons of money and compete again some small business in nearly almost all sectors.
they have the capital to bring down all the small business to the ground and after that reap the profit and monopolize the market.

People always say to work harder but they don't know that work hard without capital means less opportunity of being success or almost near to nothing. Imagine opening up a small shop and then the large corporation trying to compete with you and making some huge discount you lost your margin, I guarantee your business gonna go bankrupt within few months while although they lost some money they could reap a lot more profit because there's no competition.

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February 04, 2021, 09:03:57 AM
 #95

If OP proposes to create a law against rich people, then there must be a law against poor people too. Everything needs to be balanced.
Otherwise we will come to situation, when a man, that worked hard to earn will simply feed a lazy person. Im sure that this poor person will quickly become a parasite.

Being poor or rich is just a state of mind. Everyone is able to change his life. All you need is to set a goal, go and achieve it. Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime - is a good quotation in our topic case.

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February 04, 2021, 10:24:40 AM
Merited by pixie85 (1)
 #96

I want to remind all participants of the topic a historical example:
Once upon a time there existed, albeit not the most powerful, and not the most influential, and even under-empire, called the "Russian Empire". She captured a lot of foreign territories, resources, people. And by a certain moment, when a stratum of the rich was formed, something was built there, the economy worked more or less stably, and then there appeared "revolutionaries" whose idea sounded like this: "take everything from the rich and divide it among the poor" ... As a result, it was built an eternally poor, embittered, wild country called the USSR, which eventually collapsed. This is a historical example that says that one cannot "take away from the rich and divide among the poor", this will not lead to a solution to the problem, but will only aggravate it ...

This is such a good example.

We can take an even broader example. Every single communist and socialist country that ever existed either collapsed in time or made the people miserable, poor and deprived of human rights like North Korea.

Maybe this is why they hate capitalism so much because it works and their system does not.

Have you noticed a pattern too? Smiley
Yes, that's right - countries in which they deny private property, market relations, where a lazy and lumpenized population lives - the ideology has always been "so that there are no rich" and "take everything from the rich and give to the poor." Normal countries always strive to ensure that the population has a decent level of income. At a minimum, this allows the economy to work - if there are wealthy people, then they will consume goods and services, which means that producers (business) will work and produce, which means they will pay taxes and fill the budget. What about poor countries? If a sock is rubbed, they don't go to buy a new one, but sit and mend an old one full of holes Smiley But they won't go to buy, which means that the manufacturer or the store will not receive money, which means that its sellers will not receive a salary, and the owner will not pay taxes ...

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February 04, 2021, 11:06:37 AM
 #97

I can't say that im not agree but those rich people they work hard to earn what they deserve the life of being rich If this law is create then in the world of full of B.S it will be unbalance people will become lazy and there's no reason for them to work anymore they just asking for full support for something and waiting for them just to get their money. Economy will means nothing but a bunch of people who are wasting there days to come by and waiting for their death to comes. And this doesn't solve the problem the world encountering right now.
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February 04, 2021, 11:13:51 AM
 #98

I can't say that im not agree but those rich people they work hard to earn what they deserve the life of being rich If this law is create then in the world of full of B.S it will be unbalance people will become lazy and there's no reason for them to work anymore they just asking for full support for something and waiting for them just to get their money. Economy will means nothing but a bunch of people who are wasting there days to come by and waiting for their death to comes. And this doesn't solve the problem the world encountering right now.

Not all of the rich people have worked hard for their wealth, as a majority have inherited it. Take the case of Donald Trump for example. His father provided him with a large capital to start and he managed to multiply that capital by several times. That doesn't mean that he is the best businessman out there. There may be millions of others who are more talented. But they don't have the same chance of creating wealth, because they don't have access to the same amount of capital to start with.

But despite all this, I am against seizing wealth from the rich and distributing it to the poor. If the poor want to improve their lives, then they need to work hard. Get good education and gain knowledge and skills. Never think that it is the responsibility of someone else to make your lives better.
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February 04, 2021, 03:40:46 PM
 #99

I can't say that im not agree but those rich people they work hard to earn what they deserve the life of being rich If this law is create then in the world of full of B.S it will be unbalance people will become lazy and there's no reason for them to work anymore they just asking for full support for something and waiting for them just to get their money. Economy will means nothing but a bunch of people who are wasting there days to come by and waiting for their death to comes. And this doesn't solve the problem the world encountering right now.

Not all of the rich people have worked hard for their wealth, as a majority have inherited it. Take the case of Donald Trump for example. His father provided him with a large capital to start and he managed to multiply that capital by several times. That doesn't mean that he is the best businessman out there. There may be millions of others who are more talented. But they don't have the same chance of creating wealth, because they don't have access to the same amount of capital to start with.

But despite all this, I am against seizing wealth from the rich and distributing it to the poor. If the poor want to improve their lives, then they need to work hard. Get good education and gain knowledge and skills. Never think that it is the responsibility of someone else to make your lives better.
There is such a stereotype that the old capitalists and billionaires who personally worked to create their capital, and they not only know the value of this captain, but also know the unspoken rules by which Business operates. And for this period, young businessmen who continue the activities of their parents, think only about how to increase their capital and satisfy their pride, very often harming everything around them. Based on this, a new business will never think about an ordinary person.

#business #forextrader #bitcoinnews #invest
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February 14, 2021, 01:38:09 PM
 #100


Islam has a very good solution to these problems. In Islamic law rich people has to pay some portion of their money to the poor as a donation. They call it "jakat" which has been officially collected and distributed by the Govt in the golden ages of Islam.  I do not find any better solution besides this which can lower the difference between rich and poor.

You can get more knowledge about it in here: https://proven-sa.com/2020/03/calculating-zakat/
I believe that the Arab countries here definitely cannot be a role model, although the real exception may be the United Arab Emirates, where the citizen of the country is provided with equal opportunities for life. In addition, one must take into account the fact that large Bitcoin holders are not always prudent and are unlikely to have the desire to share with the poor. If exactly what you are talking about existed in the world, we would have much less problems than we have today. Wink
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February 14, 2021, 02:37:17 PM
 #101

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

It is good to become a giver but there is always a limit. Every people should work hard and not just rely on others or just wait for someone to give. Rich people do their best to earn much and stay their wealthy living. You can also earn if you want, just be a hard working person. Invest even in a small amount of capital.
Recently, rich people have been making huge amounts of money not only thanks to hard work, but also thanks to great machinations, due to which they steal money from state budgets and practically from the pockets of ordinary people. In many countries, there is a tendency towards an increase in the poverty of the common person, and at the same time, an increase in wealth among rich people.

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February 14, 2021, 02:58:24 PM
 #102

Actually there is something similar with what you mean, you can find it if you learn about Zakat in islam religion. Every year wealthy muslim people give 2,5% of their money to the poor. But there are many people who aren't muslim. Actually many companies also give CSR to the comunity that can be in form of infrastructures, scholarship and etc. Rich people also care about the poor but they can't do much. The one who can help the poor is government, who can make regulations about the distribution of money. Unfortunately there are many corruptions in some countries.

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February 14, 2021, 03:05:11 PM
 #103

Be grateful they still let you own "something". By 2030, the only asset you own will be your own pee.


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February 14, 2021, 05:10:31 PM
 #104

Be grateful they still let you own "something". By 2030, the only asset you own will be your own pee.






I dont mind if nobody dont own nothing
But i dont like to see that people dping good and i dont have nothing

If i dont have nothing i want to at least 90% of people are same poor like me.

Or i have 90% of wealth and most people dont have nothing this way i dont have to never even think about money this way i will have money always .

And i dont have to think someone got more
Nobody is not gona have more


I hope we get big crash i will be happy to see if here people lose it all


I asked. 20-40$ daily job here
But people said i cant have that



If you have too much give to me

The greed will destroy all of you !'


You guys cant have even for me 20-40$'daily its small money

Look at the bankers how much they have money
Let me have just a little money

But no so ill be happy to see economic crash i will be happy to see how people lose everything

Because i dont have nothing !!
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February 14, 2021, 06:04:54 PM
 #105

This is not a good law.

I know that you are just talking about it so you could help those that really need it. The flaw in your proposition is that most of the poor people are not even trying to make a way so that they could be successful one day. If you will just give the poor the money of the rich people, don't you think that it is just unfair and people would just rely on that help?
From birth, all people have different talents and opportunities. But nevertheless, I agree with you in the aspect that many people do not try to change something around them. But on the other side of the scale, the rich also behave very scrupulously towards all people (not just the poor) According to statistics, 99% of all the wealth of our planet is in the hands of 1% of the rich. Don't you think that's too unfair?
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February 14, 2021, 07:39:38 PM
 #106

This is not a good law.

I know that you are just talking about it so you could help those that really need it. The flaw in your proposition is that most of the poor people are not even trying to make a way so that they could be successful one day. If you will just give the poor the money of the rich people, don't you think that it is just unfair and people would just rely on that help?
From birth, all people have different talents and opportunities. But nevertheless, I agree with you in the aspect that many people do not try to change something around them. But on the other side of the scale, the rich also behave very scrupulously towards all people (not just the poor) According to statistics, 99% of all the wealth of our planet is in the hands of 1% of the rich. Don't you think that's too unfair?


Its fair if im wealthy
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February 14, 2021, 07:45:27 PM
 #107

If i dont have nothing i want to at least 90% of people are same poor like me.

You'll get what you want don't worry. Just try to survive till 2030  Cheesy

I hope we get big crash i will be happy to see if here people lose it all

That's kind of a dangerous way to see things.

I asked. 20-40$ daily job here
But people said i cant have that


$20/40 daily? In most countries people don't make that much from their daily jobs. You say you want this money but what do you offer? If you want free stuff move to America or Europe. The governments there are socialists and giving away free stuff.

Don't waste time!

P.S. target Europe first. They give more free shit.

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February 14, 2021, 09:12:10 PM
 #108

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
It's so sad, it's so sad about how something that doesn't make sense can be said so easily and yet be agreed by so many people and in order to show why this is false we need books and books written about it and a huge amount of human suffering for people to know this is a bad idea, if the person that has a lot of wealth has obtained that wealth within the rules established by the authorities then that person doesn't have too much, that person has exactly what he deserves, and you are asking to take all what he has worked so hard for away from him and that is simply incorrect.

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February 14, 2021, 09:20:57 PM
 #109

Wealthy individuals inside a degenerate government would construct their association to authorities, that's why they take more advantage with regard to taxations. Destitute individuals tend to endure for such a long time unless there's a alter of government framework, but it's truly difficult to do when the modern pioneer has no political will. Cryptocurrency is the finest elective in arrange to secure the money of each citizen living in a wanted nation, without stressing around debasement since it's decentralized.

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February 14, 2021, 09:41:50 PM
 #110


You guys cant have even for me 20-40$'daily its small money

Look at the bankers how much they have money
Let me have just a little money

But no so ill be happy to see economic crash i will be happy to see how people lose everything

Because i dont have nothing !!
Why are you so angry with rich people? Yes, some of them are corruptionists and gained their money in an unfair way, but there are also people, that earned their wealth a hard way, went through a lot of rises and falls, and had many obstacles on their way up. And you really want to see them lose it all?
Also, if you want to have money - why don't you try to find a suitable job where you live? Nowadays it really isn't that hard to find a well-paid job if you're educated, hard-working and put the effort into it. Also, you may try and build something of your own, come up with an idea, find potential co-workers, and work on a plan. Yes, that might be a lot of work, and risky and not necessarily you'll achieve something, and on top of all requires investments, but at least you should try. It's not impossible if you really work on it.

P.S. I don't know where you're from, but in most countries, 20-40$ daily isn't small money, it's an average or above-average salary.
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February 15, 2021, 03:26:08 AM
 #111

From birth, all people have different talents and opportunities. But nevertheless, I agree with you in the aspect that many people do not try to change something around them. But on the other side of the scale, the rich also behave very scrupulously towards all people (not just the poor) According to statistics, 99% of all the wealth of our planet is in the hands of 1% of the rich. Don't you think that's too unfair?

The question should be why the remaining 99% are so poor, and not why the 1% are rich? The difference here is that you want to take away wealth from the super-rich and make them as poor as the others. This is classic socialist thinking, that was implemented in countries such as North Korea and Cuba. You can visit these countries and see the state of their economy. I want to make the remaining 99% as rich as the top 1%. But that should be done by giving them opportunities and enhancing their skill set, and not by giving them handouts. Giving handouts will make people beggars without any self respect and that needs to be avoided.

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February 15, 2021, 07:40:03 AM
 #112

The main reason why they have too much because they are smart enough. If you are poor its your problem
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February 15, 2021, 07:45:57 AM
 #113

P.S. I don't know where you're from, but in most countries, 20-40$ daily isn't small money, it's an average or above-average salary.

Here in my area $40 is what most people earn in a single month. And it is even worse in the neighboring countries. If you earn $40 per day, then you will be considered as the most elite among the residents. And since the living expenses are low, the people are able to survive with such small amounts. On the other hand, even if you receive $400 per month in a country such as the United States or Germany, you will be homeless and without food for most of the time.
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February 15, 2021, 08:46:01 AM
 #114

The main reason why they have too much because they are smart enough. If you are poor its your problem

I don't think this is fair to say. A lot of people are born into a rich family and will just inherit wealth from their parents and grand parents. It doesn't really has anything to do with being smart or not. Sure there are some people who get rich by themselfs but a majority of rich families have been rich 50 years ago, or even a 100 years ago. Just look at old money vs new money.
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February 15, 2021, 04:12:37 PM
 #115

The main reason why they have too much because they are smart enough. If you are poor its your problem
I agree to your point but only upto a certain degree. I have seen smart guys being poor and rich guys being dumb and that is because they were born as such and never had the liberty to do something big despite being more smart and intelligent while on the other hand there are rich guys who have a business setup by their parents and even if they dumb, all they have to do is to collect the revenue.

But yeah most of the guys who are rich are so because they had the ability to make more money with the money they had and those who are poor are so because they never made smart choices. You will notice that rich guys are miser and poor guys are usually more spendthrift, that's why they are rich because they know the value of money.

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February 15, 2021, 05:49:53 PM
 #116

The main reason why they have too much because they are smart enough. If you are poor its your problem
It's not always like that, many people, as I mentioned before, are born with wealth already and it doesn't make them smart, they only have to be smart enough to not lose it all (and not everyone is). Also, some people aren't born in super-rich families, but they're born in countries with better economic development with more opportunities. For instance, I'm not from EU countries or the US, so I had to work really hard on my English and on my performance at the university just to get out of this hole. People from developed countries don't have to do that and they can start building their career right away, even from high school, it's much easier for them to get accepted to local universities or get hired.

Also, it is well-known, that upper-class people can afford better studying, hire private teachers, which proves to be effective, I had none of that and had to study everything on my own. Henceforth, it's not always someone's fault that he/she is poor, because that person might be just born in a worse condition than others. Sure, if you really want to and work hard - you'll get what you want, but not many people are capable of constantly working hard and not going nuts at the same time  Cheesy
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February 15, 2021, 06:31:05 PM
Merited by vapourminer (1)
 #117

P.S. I don't know where you're from, but in most countries, 20-40$ daily isn't small money, it's an average or above-average salary.

Here in my area $40 is what most people earn in a single month. And it is even worse in the neighboring countries. If you earn $40 per day, then you will be considered as the most elite among the residents. And since the living expenses are low, the people are able to survive with such small amounts. On the other hand, even if you receive $400 per month in a country such as the United States or Germany, you will be homeless and without food for most of the time.
You know how rich you are should always be evaluated by where you live because if you live in Asia and you are rich enough that shouldn't make you feel poor in comparison to USA or some other rich country. I mean the wages you earn are based on the GDP of your country. Consider how much is the monthly expense of your family and compare it to the rich country like USA it simply means that you are earning lower as compared to them but then things are cheaper too in comparison.

Rich should give money to poor? That's how it should be but that is never going to happen. One thing if ever I believe should happen is, there should be highest tax on the biggest earners and lowest possible tax on the lower earning people which ultimately helps the poor earn more and cuts of some extra from the rich and serves the same purpose as rich giving to the poor, indirectly.
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February 15, 2021, 06:46:59 PM
 #118

Rich should give money to poor? That's how it should be but that is never going to happen. One thing if ever I believe should happen is, there should be highest tax on the biggest earners and lowest possible tax on the lower earning people which ultimately helps the poor earn more and cuts of some extra from the rich and serves the same purpose as rich giving to the poor, indirectly.

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.
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February 20, 2021, 02:30:10 AM
 #119

From birth, all people have different talents and opportunities. But nevertheless, I agree with you in the aspect that many people do not try to change something around them. But on the other side of the scale, the rich also behave very scrupulously towards all people (not just the poor) According to statistics, 99% of all the wealth of our planet is in the hands of 1% of the rich. Don't you think that's too unfair?

The question should be why the remaining 99% are so poor, and not why the 1% are rich? The difference here is that you want to take away wealth from the super-rich and make them as poor as the others. This is classic socialist thinking, that was implemented in countries such as North Korea and Cuba. You can visit these countries and see the state of their economy. I want to make the remaining 99% as rich as the top 1%. But that should be done by giving them opportunities and enhancing their skill set, and not by giving them handouts. Giving handouts will make people beggars without any self respect and that needs to be avoided.
It seems that people think that robbing from the rich is somehow moral, similar to what we see in the fictional story of Robin Hood, but the moment that comes to pass then what it is the point of becoming a productive member of society when everything you have worked so hard for can be taken away? One of the problems is that most people never see themselves as wealthy, they only think of those that are very rich but in fact if you are middle class then most likely you have a better life than the majority of the people in your country and you will be affected by such policies, unfortunately most people only realize the mistake they made until they have nothing close to the life they had before but by then it is too late to do anything about it.

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February 20, 2021, 06:31:41 AM
 #120

Quote
Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
Yes, rich have too much because they always invest their money wisely.
 Even though the government put the law in place that such money should be giving to poor, it will not change the economy challenges of the country. The poor will not still value the position given to them if such decision is taken, because they are not use to such offer, so they will still miss use it. 

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February 20, 2021, 07:14:52 AM
 #121

Rich should give money to poor? That's how it should be but that is never going to happen. One thing if ever I believe should happen is, there should be highest tax on the biggest earners and lowest possible tax on the lower earning people which ultimately helps the poor earn more and cuts of some extra from the rich and serves the same purpose as rich giving to the poor, indirectly.

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.

Same here in our country, poor people complain more than those who pays tax. They get angry because they are not treated properly. They get government's assistance without doing anything in their life. Some of my neighbors here just gamble for the whole day not thinking of their future. Rich people got to that place because they worked for it. Even if we say they just inherited from their parents.
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February 20, 2021, 09:55:59 AM
 #122

Rich should give money to poor? That's how it should be but that is never going to happen. One thing if ever I believe should happen is, there should be highest tax on the biggest earners and lowest possible tax on the lower earning people which ultimately helps the poor earn more and cuts of some extra from the rich and serves the same purpose as rich giving to the poor, indirectly.

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.

The meaning of the topic is not a bit about taxes. It meant that you should force rich people to "share" their money with the poor. Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. Taxes are PENSIONS, taxes are social assistance, taxes are medicine, and much more. When you retire, you will receive it from taxes that others pay. This is normal practice. But just take your money from your wallet and give it to a lumpenized citizen who simply does not want to work but wants to live well - this is not acceptable, I completely agree here. The principle is simple - if you are not a person with disabilities - WORK! No education - there is a lot of work that does not require higher education or specialized knowledge!

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February 21, 2021, 01:03:12 AM
 #123

Rich should give money to poor? That's how it should be but that is never going to happen. One thing if ever I believe should happen is, there should be highest tax on the biggest earners and lowest possible tax on the lower earning people which ultimately helps the poor earn more and cuts of some extra from the rich and serves the same purpose as rich giving to the poor, indirectly.

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.

The meaning of the topic is not a bit about taxes. It meant that you should force rich people to "share" their money with the poor. Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. Taxes are PENSIONS, taxes are social assistance, taxes are medicine, and much more. When you retire, you will receive it from taxes that others pay. This is normal practice. But just take your money from your wallet and give it to a lumpenized citizen who simply does not want to work but wants to live well - this is not acceptable, I completely agree here. The principle is simple - if you are not a person with disabilities - WORK! No education - there is a lot of work that does not require higher education or specialized knowledge!

Your thoughts have ups and downs. Yes, I agree that it is not acceptable for those lazy-ass to just sit tight, and wait for money to come by their way, only for them to spend it to beers and any other things unnecessary. BUT, there are other POOR that works really hard, yet barely able to financially buy their needs, and that is in blame of the capitalist system. Privileges are not for everybody, there are people given that since birth, and others just not have it. We can easily say and tell them to FIND SOME WORK, even if you don't have education, but are we really seeing the bigger picture, as we pout this thing indiscriminately?. Cause there are many factors affecting someone to not have a job, not just education!

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February 21, 2021, 01:53:10 AM
 #124

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.
... Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. ...

Taxes are implemented as a distribution of wealth -- people with more are forced by threat of violence to give money to people with less. You can't deny it. You are trying to obscure that fact by showing how some people benefit from it and by saying that people get some of there taxes back in benefits.

I give as much as I can to charities in order to keep it away from the government. If I am forced to give my money away, then at least I can decide where it goes  by giving it to charities.

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February 21, 2021, 05:06:30 AM
 #125

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

What kind of revolution you are calling? you mean socialism where all people are equal and the states owns everything and they will just distribute equally, you know that this kind of scenario is not going to work, so many socialist country are falling apart because they cannot sustain the needs of their people, if you want this way better go to North Korea, where the living condition is like that.

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February 21, 2021, 06:11:07 AM
 #126

The meaning of the topic is not a bit about taxes. It meant that you should force rich people to "share" their money with the poor. Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. Taxes are PENSIONS, taxes are social assistance, taxes are medicine, and much more. When you retire, you will receive it from taxes that others pay. This is normal practice. But just take your money from your wallet and give it to a lumpenized citizen who simply does not want to work but wants to live well - this is not acceptable, I completely agree here. The principle is simple - if you are not a person with disabilities - WORK! No education - there is a lot of work that does not require higher education or specialized knowledge!
Well, I do agree with you to a degree but that is just an ignorant point of view when you consider how little amount of work available for everyone. Just to make it clear I mean that people who go to college and get a degree fails to find any job in their own place about their own job, most of the time they either go to another career or they just switch places and relocate, and even when they complain about it, they are told "well you shouldn't studied social studies in that case and get a stem degree!!!", why? Why shouldn't they study social studies? What is wrong with psychology? Or art history? They are all very valuable and these people finished colleges for that topic, they should find a job.

On the other side we do not have enough work available for everyone living in all nations, even if every single job was filled and no company was looking for a new worker, there will be unemployed people. So long story short it is not always about "people who want to not work" it is about people who can't find work.

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February 21, 2021, 07:05:41 AM
Merited by DrBeer (1), CryptopreneurBrainboss (1), Zilon (1)
 #127

It is normal law of nature that things exist in contrasting pairs, bringing balance.

- Night  & Day
- Boy & Girl
- Up & Down
- Left & Right
- Back & front
- Rich and poor.

In short, my point is, it is not the matter of taking from the rich to give to the poor, poverty in the society cannot be completely eradicated. More money to someone who has less is not the solution to financial problems, the solution is financial education, information and enlightenment. If you give a huge sum of money to someone without financial intelligence, they will end up more in debt.

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February 21, 2021, 11:02:09 AM
 #128

It is normal law of nature that things exist in contrasting pairs, bringing balance.

- Night  & Day
- Boy & Girl
- Up & Down
- Left & Right
- Back & front
- Rich and poor.

In short, my point is, it is not the matter of taking from the rich to give to the poor, poverty in the society cannot be completely eradicated. More money to someone who has less is not the solution to financial problems, the solution is financial education, information and enlightenment. If you give a huge sum of money to someone without financial intelligence, they will end up more in debt.

BALANCE is the right word, but the balance in rich and poor right now is not right. The gap between them is too high that leaves people in the very poor to barely makes a day everyday in a whole year. And that is not because of financial education, but because the money they have is already maxed out to be spend for their family to eat.

Financial education is only applicable for peoples who can have savings and make this savings into fine investments, but what we are talking about are those VERY POOR persons who really does have barely that they can't even eat twice per day.

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February 21, 2021, 02:41:46 PM
 #129

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

How will you take my Bitcoin or Monero?  You cant. Even if you make law I will just move to place where this silly law dont exist so as anyone else and only poor people will stay and make your country infrastructure even poorer.
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February 21, 2021, 05:21:00 PM
 #130

Rich have too much is the reality because there are some factor works. These factors are rich already knew well how can they gain and what strategy. And the other is they already engage the maximum way which can be interested in others. They use ordinary people's merit and labor to get more profit by giving low salaries. Maximum of them use dishonest mentality to fix own position. So they are eligible for more money.

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February 23, 2021, 12:40:12 PM
 #131

I believe that almost all of us could be classified as rich people, but due to our inexperience, greed or mistrust, some of us have lost this opportunity. In the cryptocurrency market over the past few years, there have been a huge number of opportunities to profitably invest in Bitcoin or Ethereum and become a really very rich person today. Based on this, I believe that a rich person, in most cases, became rich because they are able to make the right decisions and know how to make money.

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February 23, 2021, 01:07:35 PM
 #132

If you are too rich and share with the poor or needy, it has become an obligation and it is taught in religion so that the wealth you have becomes a blessing and must be based on sincerity and awareness without having to be forced or taken away.
They have wealth because of hard work and of course through the difficulties and losses they faced before because they did not give up and worked hard, eventually bearing fruit that made them rich.
and any established and mandatory income or property taxes that the government has imposed in each country.

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February 23, 2021, 01:23:14 PM
 #133

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.
... Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. ...

Taxes are implemented as a distribution of wealth -- people with more are forced by threat of violence to give money to people with less. You can't deny it. You are trying to obscure that fact by showing how some people benefit from it and by saying that people get some of there taxes back in benefits.

I give as much as I can to charities in order to keep it away from the government. If I am forced to give my money away, then at least I can decide where it goes  by giving it to charities.

Here in my country we have a limit on charitable donations, that are exempted from tax. But I don't usually donate a lot to the charities, because I had some bad experiences in the past. There are only a few charities whom we can trust 100%. Also, there is no option to donate to charities instead of paying taxes. Although the donations (up to a limit) are exempted from taxes, you need to pay tax on the remaining amount of your taxable income.
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February 23, 2021, 04:33:10 PM
 #134

Rich should give money to poor? That's how it should be but that is never going to happen. One thing if ever I believe should happen is, there should be highest tax on the biggest earners and lowest possible tax on the lower earning people which ultimately helps the poor earn more and cuts of some extra from the rich and serves the same purpose as rich giving to the poor, indirectly.

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.

The meaning of the topic is not a bit about taxes. It meant that you should force rich people to "share" their money with the poor. Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. Taxes are PENSIONS, taxes are social assistance, taxes are medicine, and much more. When you retire, you will receive it from taxes that others pay. This is normal practice. But just take your money from your wallet and give it to a lumpenized citizen who simply does not want to work but wants to live well - this is not acceptable, I completely agree here. The principle is simple - if you are not a person with disabilities - WORK! No education - there is a lot of work that does not require higher education or specialized knowledge!

Your thoughts have ups and downs. Yes, I agree that it is not acceptable for those lazy-ass to just sit tight, and wait for money to come by their way, only for them to spend it to beers and any other things unnecessary. BUT, there are other POOR that works really hard, yet barely able to financially buy their needs, and that is in blame of the capitalist system. Privileges are not for everybody, there are people given that since birth, and others just not have it. We can easily say and tell them to FIND SOME WORK, even if you don't have education, but are we really seeing the bigger picture, as we pout this thing indiscriminately?. Cause there are many factors affecting someone to not have a job, not just education!

Truly poor ... Yes, I absolutely agree with you. There are really poor countries where poverty is a "tradition" or a bad habit. But there are reasons for this. Take the TOP 10 poorest countries for example. Tell me - what unites them? As a rule, these are totalitarian regimes or their legacy. Or the countries "ran away from capitalism towards socialism, but stumbled half way." Poverty in these countries has an explanation and a reason. One of the main reasons is the lack of normal stable governance in the country, the legal framework and guarantees for investors. No offense will be said to them, but over the past decade, these countries have greatly degraded, the economy has been destroyed, the financial system has been destroyed, investment attractiveness is zero. In these countries there WILL NOT be a less secure life until they change their situation. And no matter how much money they are given, they will either be stolen or simply devoured. It makes no sense to give them money just like that - they will simply "burn out". Money should be invested in educating the population, invested in economic development, but not be eaten. And until they themselves want it and correct the situation inside, the situation will not change.

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February 24, 2021, 03:02:46 AM
 #135

I believe that almost all of us could be classified as rich people, but due to our inexperience, greed or mistrust, some of us have lost this opportunity. In the cryptocurrency market over the past few years, there have been a huge number of opportunities to profitably invest in Bitcoin or Ethereum and become a really very rich person today. Based on this, I believe that a rich person, in most cases, became rich because they are able to make the right decisions and know how to make money.
And you will be right on that assumption, long time ago I read a study that basically said that most of those that are rich today are new rich, basically they did not got their wealth because a rich family member gave it to them, they got rich because of their own effort and ingenuity and the moment you take away what it is rightful theirs then that is when the economy begins a path from which the only direction it can take is down, taxes are a way to lower the difference between the rich and the poor but governments waste them and the difference never seems to decrease.

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February 24, 2021, 03:36:43 AM
 #136

And you will be right on that assumption, long time ago I read a study that basically said that most of those that are rich today are new rich, basically they did not got their wealth because a rich family member gave it to them, they got rich because of their own effort and ingenuity and the moment you take away what it is rightful theirs then that is when the economy begins a path from which the only direction it can take is down, taxes are a way to lower the difference between the rich and the poor but governments waste them and the difference never seems to decrease.

The problem with taxation is that most of the tax revenue is used up for unproductive purposes, such as paying salaries and pensions for government employees and to conduct wars. A very small fraction is being used for the education and medical sectors, which have the capability of pulling people out of poverty. The rich pay more than 50% of their income in the form of various direct and indirect taxes. And they continue to pay taxes on whatever amount that is left after the tax cut, in the form of capital gains tax. The governments need to balance the tax requirements to make sure that successful people are not unduly punished for their success.

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February 24, 2021, 02:31:47 PM
 #137

I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.
So if that's actually happening its good for the society I think. As long as the society is working towards bringing some kind of equilibrium between poor and the rich, I think we are moving in the right direction. Being a rich as you said you pay 35% taxes, you might feel that there should be more taxes on the poor and its being unjustified for you to pay the high taxes.

On the other hand I think this does encourage the poor to relax and be even more lazier, because not every poor person is in that situation because they are unfortunate instead a lot of people are poor because they never respected the opportunities presented to them and never wanted to work hard.

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February 24, 2021, 05:49:45 PM
Last edit: February 24, 2021, 06:08:26 PM by Dragonfund
 #138

Rich have too much is the reality because there are some factor works. These factors are rich already knew well how can they gain and what strategy. And the other is they already engage the maximum way which can be interested in others. They use ordinary people's merit and labor to get more profit by giving low salaries. Maximum of them use dishonest mentality to fix own position. So they are eligible for more money.

You made me to remember a phrase that says keep them poor, dont make them rich rather llow them to work for you and pay them their labour and wages in return. The rich always want to be at the fore front of profit and hence they will try all posible means to outsmart the poor level that's why there aim is to keep accumulating profit.
The way life is created, it has never been fair. It's left for the average person to aim higher and improve on how to get to the top. Most riches today weren't day success.
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February 25, 2021, 06:59:49 PM
 #139

So if that's actually happening its good for the society I think. As long as the society is working towards bringing some kind of equilibrium between poor and the rich, I think we are moving in the right direction. Being a rich as you said you pay 35% taxes, you might feel that there should be more taxes on the poor and its being unjustified for you to pay the high taxes.

On the other hand I think this does encourage the poor to relax and be even more lazier, because not every poor person is in that situation because they are unfortunate instead a lot of people are poor because they never respected the opportunities presented to them and never wanted to work hard.

In today's world, if you remain poor then it is your own fault. Two decades back, for the poor people it was very difficult to get good education and skill training. But that has changed as high speed internet has reached every nook and corner of the world. A lot of educational and training material is available online and to access them, all you need is a cheap smartphone and a decent mobile data subscription. Just want to end my post with the famous quote from Bill Gates:

“If you are born Poor its not your mistake, but if you die poor its your mistake”
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February 27, 2021, 05:58:18 AM
 #140

I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.
So if that's actually happening its good for the society I think. As long as the society is working towards bringing some kind of equilibrium between poor and the rich, I think we are moving in the right direction. Being a rich as you said you pay 35% taxes, you might feel that there should be more taxes on the poor and its being unjustified for you to pay the high taxes.

On the other hand I think this does encourage the poor to relax and be even more lazier, because not every poor person is in that situation because they are unfortunate instead a lot of people are poor because they never respected the opportunities presented to them and never wanted to work hard.

This is such a lazy generalization. When you can guarantee equal access to opportunities, then you can make overly broad generalizations about how poor people are poor only because they don't want to work. But only the privileged classes are so ignorant of reality to have such a misconception.

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February 27, 2021, 06:43:32 AM
 #141

So if that's actually happening its good for the society I think. As long as the society is working towards bringing some kind of equilibrium between poor and the rich, I think we are moving in the right direction. Being a rich as you said you pay 35% taxes, you might feel that there should be more taxes on the poor and its being unjustified for you to pay the high taxes.

On the other hand I think this does encourage the poor to relax and be even more lazier, because not every poor person is in that situation because they are unfortunate instead a lot of people are poor because they never respected the opportunities presented to them and never wanted to work hard.

In today's world, if you remain poor then it is your own fault. Two decades back, for the poor people it was very difficult to get good education and skill training. But that has changed as high speed internet has reached every nook and corner of the world. A lot of educational and training material is available online and to access them, all you need is a cheap smartphone and a decent mobile data subscription. Just want to end my post with the famous quote from Bill Gates:

“If you are born Poor its not your mistake, but if you die poor its your mistake”
Indeed, maybe some people are poor because they're born that way. However it doesnt mean you cant lift your status in life, we just need to work hard and use whatever skills we have to earn money. Plus dont rely on someone else's help, dont be lazy to always count to others.

Some rich people were not born that way, its just the result of their hardwork and dedication. So if they can do it probably poor people can do the same too as long as they're determine to improve their life.

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February 27, 2021, 08:15:41 AM
 #142

Why do you want the riches of others?
You could get out of poor by developing your skills and working hard.
The richest men of today and of all time were not born in a bed of gold they worked hard to make their dream come true, they persisted and they achieved it.
If you focus on your goals and work hard for it. You would not notice your poverty because you will be rich in ideals to fulfill.
Happiness does not come from wealth, it comes ready to enjoy every day of your life.

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February 27, 2021, 02:52:22 PM
 #143

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Yeah.. they tried that in Venezuela and look at where they are right now. This strategy could have resulted in limited success a few decades ago. But nowadays it is very easy to move your assets from one country to another and to attain citizenship of smaller island nations where there is no income tax. If the government introduces confiscatory tax policies, then the rich are going to simply migrate to some other country, where the tax rules are more sane. And let's not forget what happened in France after François Hollande introduced the 75% tax for super-rich.


Venezuela is not exactly a good example. The problems in Venezuela are associated with the lack of economic diversification (oil and only oil formed the basis of the country's budget, and the fall in oil prices sharply nullified everything that was achieved, including all social programs that were quite good), plus the dimwitted Hugo Chavez with his program "Bolivarian socialism" put a fat point on the happy life of Venezuelans ....

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February 27, 2021, 04:20:45 PM
 #144

Rich should give money to poor? That's how it should be but that is never going to happen. One thing if ever I believe should happen is, there should be highest tax on the biggest earners and lowest possible tax on the lower earning people which ultimately helps the poor earn more and cuts of some extra from the rich and serves the same purpose as rich giving to the poor, indirectly.

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.

The meaning of the topic is not a bit about taxes. It meant that you should force rich people to "share" their money with the poor. Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. Taxes are PENSIONS, taxes are social assistance, taxes are medicine, and much more. When you retire, you will receive it from taxes that others pay. This is normal practice. But just take your money from your wallet and give it to a lumpenized citizen who simply does not want to work but wants to live well - this is not acceptable, I completely agree here. The principle is simple - if you are not a person with disabilities - WORK! No education - there is a lot of work that does not require higher education or specialized knowledge!

Your thoughts have ups and downs. Yes, I agree that it is not acceptable for those lazy-ass to just sit tight, and wait for money to come by their way, only for them to spend it to beers and any other things unnecessary. BUT, there are other POOR that works really hard, yet barely able to financially buy their needs, and that is in blame of the capitalist system. Privileges are not for everybody, there are people given that since birth, and others just not have it. We can easily say and tell them to FIND SOME WORK, even if you don't have education, but are we really seeing the bigger picture, as we pout this thing indiscriminately?. Cause there are many factors affecting someone to not have a job, not just education!

Truly poor ... Yes, I absolutely agree with you. There are really poor countries where poverty is a "tradition" or a bad habit. But there are reasons for this. Take the TOP 10 poorest countries for example. Tell me - what unites them? As a rule, these are totalitarian regimes or their legacy. Or the countries "ran away from capitalism towards socialism, but stumbled half way." Poverty in these countries has an explanation and a reason. One of the main reasons is the lack of normal stable governance in the country, the legal framework and guarantees for investors. No offense will be said to them, but over the past decade, these countries have greatly degraded, the economy has been destroyed, the financial system has been destroyed, investment attractiveness is zero. In these countries there WILL NOT be a less secure life until they change their situation. And no matter how much money they are given, they will either be stolen or simply devoured. It makes no sense to give them money just like that - they will simply "burn out". Money should be invested in educating the population, invested in economic development, but not be eaten. And until they themselves want it and correct the situation inside, the situation will not change.


Though, I am not talking about the economic stability of a country in my reply. I talked about people who are POOR for some undefined reason, not just because of them not having education. These happens even in 1st world countries, its just that they are being covered up by the outer layer of the society, where it is fancy and rich.

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February 27, 2021, 04:46:12 PM
 #145

The disparity will always exists, what can be done only thing is that try and implement some education systems for the poor people in a free manner so that at least they are little educated to do some sort of work and do not need to beg or depends upon others. atleast they can get some job somewhere or be a daily wage earner which will help them to atleast have the respect for themself where they work and earn and not just ask for free.


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February 27, 2021, 06:24:36 PM
 #146

The meaning of the topic is not a bit about taxes. It meant that you should force rich people to "share" their money with the poor. Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. Taxes are PENSIONS, taxes are social assistance, taxes are medicine, and much more. When you retire, you will receive it from taxes that others pay. This is normal practice. But just take your money from your wallet and give it to a lumpenized citizen who simply does not want to work but wants to live well - this is not acceptable, I completely agree here. The principle is simple - if you are not a person with disabilities - WORK! No education - there is a lot of work that does not require higher education or specialized knowledge!
Well, I do agree with you to a degree but that is just an ignorant point of view when you consider how little amount of work available for everyone. Just to make it clear I mean that people who go to college and get a degree fails to find any job in their own place about their own job, most of the time they either go to another career or they just switch places and relocate, and even when they complain about it, they are told "well you shouldn't studied social studies in that case and get a stem degree!!!", why? Why shouldn't they study social studies? What is wrong with psychology? Or art history? They are all very valuable and these people finished colleges for that topic, they should find a job.

On the other side we do not have enough work available for everyone living in all nations, even if every single job was filled and no company was looking for a new worker, there will be unemployed people. So long story short it is not always about "people who want to not work" it is about people who can't find work.

I understood you. Let us be pragmatists and not philosophers? Let me explain - there is always an imbalance between the demand for specialties and the field of education that trains these specialists. If a person CONSCIOUSLY chooses a profession that he simply LIKES, but the person has not found the strength to evaluate the market and the application of his knowledge after receiving education. This is bad. A person loses time, hope, joins the ranks of the unemployed. Such a final is quite predictable if the input "I like", but there is no assessment "how to use it?" In my country, when the surge in private business began, everyone suddenly decided that the market really needed an accountant. And by 2000, there were so many accountants on the market that no one knew where to put them. In addition, the massive "training for accountants" has collapsed the labor market for this profession. And then for many years, there were a huge number of accountants who were forced to work for a penny or even sit without work. This also happens. Therefore, when making plans for training, it is always necessary to assess the labor market. I hope I clearly explained my idea on this issue.

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February 27, 2021, 07:10:18 PM
 #147

People don't need money, protests or violence. They need information.

Knowledge which allows them to put current events into perspective. So they need not rely on billionaire owned media, and billionaire funded experts to explain things.

people get everything with knowledge. money shouldn't be a target either. it doesn't matter to be rich. the important thing is to be the right person. If the world were fair, rich people would not make up 3-5 percent of the world. This economic order will collapse in the future with the knowledge and awareness of people. a more free and just world will emerge. I believe you, too. We are the people who will change the future.
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February 28, 2021, 05:54:37 AM
 #148

I believe that almost all of us could be classified as rich people, but due to our inexperience, greed or mistrust, some of us have lost this opportunity. In the cryptocurrency market over the past few years, there have been a huge number of opportunities to profitably invest in Bitcoin or Ethereum and become a really very rich person today. Based on this, I believe that a rich person, in most cases, became rich because they are able to make the right decisions and know how to make money.
Inexperience and greed are actually good because no experienced investor would have ever invested in Bitcoins in the early years like 2010 but the inexperienced ones did so and greed is helpful because it makes you want more and more and with Bitcoins actually that's the best thing to have. I still remember when I first came into the Bitcoin world, it was relatively cheap and I wish I had that greed to just buy and hold.

On the other hand I think this does encourage the poor to relax and be even more lazier, because not every poor person is in that situation because they are unfortunate instead a lot of people are poor because they never respected the opportunities presented to them and never wanted to work hard.
Good point and each of us are living independently which means we all had the same chances as others and if someone took the better advantage of the situation and opportunity, we cannot blame them for that.

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February 28, 2021, 07:00:49 AM
 #149

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Yeah.. they tried that in Venezuela and look at where they are right now. This strategy could have resulted in limited success a few decades ago. But nowadays it is very easy to move your assets from one country to another and to attain citizenship of smaller island nations where there is no income tax. If the government introduces confiscatory tax policies, then the rich are going to simply migrate to some other country, where the tax rules are more sane. And let's not forget what happened in France after François Hollande introduced the 75% tax for super-rich.


Venezuela is not exactly a good example. The problems in Venezuela are associated with the lack of economic diversification (oil and only oil formed the basis of the country's budget, and the fall in oil prices sharply nullified everything that was achieved, including all social programs that were quite good), plus the dimwitted Hugo Chavez with his program "Bolivarian socialism" put a fat point on the happy life of Venezuelans ....
I disagree, Venezuela is the perfect example of what happens when something like what the OP is proposing gets implemented, Venezuela did not started in the same state that it was today, it had a good economy, obviously things were not perfect but it worked as a country, then confiscatory policies were passed that either taxed the productive members of society too much or outright stole from them everything they had, for a time together with their huge oil income Venezuela seemed to be doing well, but once that money ran out they depended solely on the income they got from oil and when that went down too they got in the desperate situation they are now.

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February 28, 2021, 08:15:05 AM
 #150

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Yeah.. they tried that in Venezuela and look at where they are right now. This strategy could have resulted in limited success a few decades ago. But nowadays it is very easy to move your assets from one country to another and to attain citizenship of smaller island nations where there is no income tax. If the government introduces confiscatory tax policies, then the rich are going to simply migrate to some other country, where the tax rules are more sane. And let's not forget what happened in France after François Hollande introduced the 75% tax for super-rich.


Venezuela is not exactly a good example. The problems in Venezuela are associated with the lack of economic diversification (oil and only oil formed the basis of the country's budget, and the fall in oil prices sharply nullified everything that was achieved, including all social programs that were quite good), plus the dimwitted Hugo Chavez with his program "Bolivarian socialism" put a fat point on the happy life of Venezuelans ....
I disagree, Venezuela is the perfect example of what happens when something like what the OP is proposing gets implemented, Venezuela did not started in the same state that it was today, it had a good economy, obviously things were not perfect but it worked as a country, then confiscatory policies were passed that either taxed the productive members of society too much or outright stole from them everything they had, for a time together with their huge oil income Venezuela seemed to be doing well, but once that money ran out they depended solely on the income they got from oil and when that went down too they got in the desperate situation they are now.

I disagree with your disagreement. Venezuela is an example of where greed can take you. They start rich and became greed as their leader put a blind eye on economic disadvantages and risk they will take. They build,and build,and build, until they realizes that they consumed more than what they swallow that results to their debt and collapse of their economy.

It is their malpractice, and you can't put blame on others as they are the one responsible for their own mistakes.

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February 28, 2021, 08:24:37 AM
 #151

It is not all about money, it just looks like those people with fortunate life or those rich people became good at laws just because of knowledge and not of money. If you have good knowledge then there would be no problem in terms of that thing because knowledge is always the asset for every aspect of our lives.

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February 28, 2021, 08:32:57 AM
 #152

It is not all about money, it just looks like those people with fortunate life or those rich people became good at laws just because of knowledge and not of money. If you have good knowledge then there would be no problem in terms of that thing because knowledge is always the asset for every aspect of our lives.

I agree with you that knowledge is very important, but we need to be objective here. There are a lot of smart people who are not rich. Most university professors have a lot of knowledge and are smart but are definitely not rich. The salary for the professors is very small for what they could be earning in industry jobs. Also there is a lot of rich families who are rich because their grand parents and so on. So there will also be some dumb people who are fairly rich.
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February 28, 2021, 10:14:22 AM
 #153

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Yeah.. they tried that in Venezuela and look at where they are right now. This strategy could have resulted in limited success a few decades ago. But nowadays it is very easy to move your assets from one country to another and to attain citizenship of smaller island nations where there is no income tax. If the government introduces confiscatory tax policies, then the rich are going to simply migrate to some other country, where the tax rules are more sane. And let's not forget what happened in France after François Hollande introduced the 75% tax for super-rich.


Venezuela is not exactly a good example. The problems in Venezuela are associated with the lack of economic diversification (oil and only oil formed the basis of the country's budget, and the fall in oil prices sharply nullified everything that was achieved, including all social programs that were quite good), plus the dimwitted Hugo Chavez with his program "Bolivarian socialism" put a fat point on the happy life of Venezuelans ....
I disagree, Venezuela is the perfect example of what happens when something like what the OP is proposing gets implemented, Venezuela did not started in the same state that it was today, it had a good economy, obviously things were not perfect but it worked as a country, then confiscatory policies were passed that either taxed the productive members of society too much or outright stole from them everything they had, for a time together with their huge oil income Venezuela seemed to be doing well, but once that money ran out they depended solely on the income they got from oil and when that went down too they got in the desperate situation they are now.

Perhaps you did not quite understand me. I wanted to say that the main reason for the collapse of Venezuela is not that there were very rich who did not want to share with the very poor. Not. This country had 2 key problems:
- an economy absolutely dependent on the oil price (this problem "hit first")
- Chavez's policy of "nationalizing" the oil industry and switching to a "socialist path" without recognizing private property and a competitive market (we are not talking about his other "oddities"). This is already the second "step" to today's problems, by this moment the economy had fallen into disrepair, and people liked the fairy tale "about national happiness" from a populist through, in fact, a ban on private business and external investment

There was no greed, there were strategic miscalculations in the economy, and "socialist idiocy" that promised "happiness to everyone." And the inhabitants of Venezuela themselves are to blame for this number. it was they who gave their votes and supported Chávez's policies. This experience is very negative and very expensive. I hope the population, having lived on $ 5 a month, will turn on their brains and next time they will think before supporting a populist liar

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February 28, 2021, 10:58:01 AM
 #154

The people lockdown really affected during the pandemic are poor people, who don't want to invest in the right time before the covid-19 took over the country economy. Even though there is a law for rich to feed the poor, the poor cannot maintains the position because they don't have the ability to become rich or what it takes to keep the rich position function on the time.
Many wealthy investors has started investing on bitcoin for them to move to their next level with massive profit, that will make people to rate them as the richest in the country. But the poor ones are still waiting for the price of bitcoin to reduced from $47k to $5k before they can invest.

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February 28, 2021, 02:39:13 PM
 #155

The people lockdown really affected during the pandemic are poor people, who don't want to invest in the right time before the covid-19 took over the country economy. Even though there is a law for rich to feed the poor, the poor cannot maintains the position because they don't have the ability to become rich or what it takes to keep the rich position function on the time.
Many wealthy investors has started investing on bitcoin for them to move to their next level with massive profit, that will make people to rate them as the richest in the country. But the poor ones are still waiting for the price of bitcoin to reduced from $47k to $5k before they can invest.

It is also worth mentioning that it is the rich who generate a noticeable share of taxes that support the poor through state structures - free medical care, social benefits, pensions, benefits, food folders, etc. - this is all done FOR TAXES, which are paid by those who work, receive income and, accordingly, are richer than the disadvantaged and the poor

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February 28, 2021, 05:04:40 PM
 #156

Yes, huge problem. It is even worse that middle class is actually becoming poor and not middle class anymore. I hope we won't come in situation that ww3 will start because of inequality that's is going to happen. Maybe I am exaggeratin a little bit, but trough history we know many revolutions happened because of simmilar situations.

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February 28, 2021, 06:11:09 PM
 #157

The plan is good, but it'll fail on execution. Just think there is five persons a,b,c,d,e. Among the five 'a' is rich, 'b' is poor, 'c' middle class, 'd' is the government and 'e' is the official who is responsible to share equally taking the funds from 'a.' What will happen now. 'a' gives little bribe to 'e' and submits less than what is available with him. Here the government 'd' takes away certain percentage as tax and for its need. Now among poor 'b' and middle class 'c' give little as possible to 'e' to provide them with big amount. Finally one who benefit is 'd' and 'e' than others. This is how bribe happens and fair distribution won't happen forever and ever.
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February 28, 2021, 08:15:24 PM
 #158

It is not all about money, it just looks like those people with fortunate life or those rich people became good at laws just because of knowledge and not of money. If you have good knowledge then there would be no problem in terms of that thing because knowledge is always the asset for every aspect of our lives.
I did not understand what you are trying to tell, someone who is an expert in law can be rich ?  Roll Eyes. There are two ways to make money, work hard and study hard and you can make a good career if not if you are smart enough then you will identify something that is required for the masses and if you can come up with a business then you can be successful. In both you need luck determination and hard work to be successful .
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February 28, 2021, 09:18:13 PM
Last edit: February 28, 2021, 09:33:34 PM by Traderbtcc
 #159

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
Funny how you want the rich to share their riches with you, don't forget most of them worked really hard to get the money they have today, most of them have been in your shoes before and they worked hard to get to the level of life they are right now, so instead of waiting for the so called Nedd laws to happen, why not try working harder and push yourself, till you're also rich then maybe you can try sharing the money you have stored btw the poor people.
If the rich make money and still have to distribute it to the poor, then who will be rich, just wait for others to give the money.
Beats me Cheesy
There will always be the highs and lows, the rich and poor, we just have to move on and try to earn ours instead of waiting for the rich to distribute their wealth.

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February 28, 2021, 11:40:38 PM
 #160

Rich have too much because they are hard working people. Some poor becomes poor due to lack of knowledge, no
hard work and patience in life. It’s easy for the rich to have what they have since they are earning it already. Those wealthy people what comes at first is they invest their money to grow than thiking luxury in life. What poor need is knowledge and hard work not the money of rich people.
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March 02, 2021, 08:37:19 AM
 #161

Why do you want the riches of others?
You could get out of poor by developing your skills and working hard.
The richest men of today and of all time were not born in a bed of gold they worked hard to make their dream come true, they persisted and they achieved it.
If you focus on your goals and work hard for it. You would not notice your poverty because you will be rich in ideals to fulfill.
Happiness does not come from wealth, it comes ready to enjoy every day of your life.
Technically speaking there is a finite amount of money, sure it gets more and more over time but there is a set amount at any given time, when you get richer people do not create money out of thin air to make you rich. Which means if you want to get super rich, have 1+ billion dollars, that means that money should come from somewhere and more often than not, super rich people do not share money with others and make them richer, usually those richer people become richer by getting smaller amounts for a lot of people.

This is why I think it is obvious that poor people should want money from rich people, that is how it works, there is no other way, if you want rich people to get richer by not hurting other people that would be fine, but since that doesn't exist this is why rich people should pay super high taxes so that they could end up helping people somehow.

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March 04, 2021, 06:44:37 PM
 #162

It is not all about money, it just looks like those people with fortunate life or those rich people became good at laws just because of knowledge and not of money. If you have good knowledge then there would be no problem in terms of that thing because knowledge is always the asset for every aspect of our lives.

I agree with you that knowledge is very important, but we need to be objective here. There are a lot of smart people who are not rich. Most university professors have a lot of knowledge and are smart but are definitely not rich. The salary for the professors is very small for what they could be earning in industry jobs. Also there is a lot of rich families who are rich because their grand parents and so on. So there will also be some dumb people who are fairly rich.
There is a correlation between smart but also unethical but also smart and not wanting, there are different types of smart. So, you need to be "smart to be rich" but you do not need to be "rich to be smart" which means almost all rich people are some sort of smart, not academics smart maybe but still some type of smart, also there are some people who are smart but unethical like Jeff Bezos who doesn't pay a single cent in federal taxes and his workers are paid so little and works so hard that they do not even have a proper bathroom breaks and apply for food stamps that is paid by federal government, so basically amazon costs money to tax payers, just so Jeff Bezos gets richer.

But there are people who found some cancer treatment and got rich, maybe not Jeff Bezos rich but still rich, those deserved it and they are ethical as well and also smart. Basically rich people are always some type of smart, even if not academic type of smart it would still be smart.
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March 04, 2021, 06:52:26 PM
 #163

The Capital in the XXI Century by Thomas Piketty core thesis is that the natural tendency for the capital is to concentrate into a few hands unless legislative provisions are made to avoid it. Also, along with it, come social unrest and the rise of extremisms such as Nazism or Communism.

"The Rich" do have "too much" at this point in time and that is showing in the social unrest in non-democratic countries and the type of parties and leaders elected in those that are democratic.

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March 05, 2021, 03:41:32 AM
 #164

There is no point in getting jealous about the rich. People like Bezos and Musk are self made billionaires. They worked really hard to become rich, and in the due process they made a lot of people rich as well. If you had invested in the Tesla or Amazon stock in the early days, then you too would have become rich and this post would have been unnecessary. It is surprising that most of the hatred is directed against people such as Bezos and Musk, who became rich as a result of their hard work. And this is despite both of them spending huge amounts in charity every year. On the other hand, I hardly see anyone talking about people like Gina Rinehart or MacKenzie Scott, who inherited their wealth.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
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Reply with quote  +Merit  #2
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March 05, 2021, 05:25:49 AM
 #165

There is no point in getting jealous about the rich. People like Bezos and Musk are self made billionaires. They worked really hard to become rich, and in the due process they made a lot of people rich as well. If you had invested in the Tesla or Amazon stock in the early days, then you too would have become rich and this post would have been unnecessary. It is surprising that most of the hatred is directed against people such as Bezos and Musk, who became rich as a result of their hard work.
I wouldn't say that Bezos is a self-made billionaire entirely, his family had the money to support him. Musk on the other hand is close to one because they first developed Zip2 and sold it to build the company Paypal and then the rest is history. Jealousy is the sickness that is keeping the poor people from getting a prosperous life, they always blame the people that are at the top while at the same time making them an exception to the problem.

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March 05, 2021, 11:04:53 AM
 #166

I would be more worried about selfish rich people than those who use their wealth for the benefit of society and the world.
And the rich must be humble,  live with the poor, use their resources for the benefit of the society. We work together like healthy living cells for the good of the body/society rather than outgrow the rest of body at its own detriment like certain cancers do.
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March 05, 2021, 11:17:43 AM
 #167

This world will run in balance if there are rich people and poor people, because this world cannot be without poor people. Therefore, if the rich have
to give wealth that is not used to be distributed to the poor, then human life will be even more chaotic. Because there is no balance, I say this is not
in defense of the rich and indifferent to the poor. I think the rich should help the poor, but they don't always have to give money. Because
the best assistance to the poor is not money, but science. Every human being, if he has knowledge, should be able to survive.

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March 05, 2021, 12:05:40 PM
 #168

It is not the rich that have too much, those that are beyond rich are the ones that have too much, they are the ones that we should punish. They are the ones that controls the economy and are immune to laws, they are the ones that put politicians in their place and they are the reason why there are still people slaving away to live, they are the real tyrants, if we are to destroy who is pulling the strings, the puppet may fall down but it will all fall into place and everything will be alright along the way.
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March 12, 2021, 08:13:51 AM
 #169

If there are laws that give all the wealth to the poor, then eventually there will be no more wealthy people. Then, how will the poor survive?

It is better to teach to poor how to earn money in their own than giving money to them because if give them now fo their foods how about in the next day? They cant survive for long time in that certain amount but if you teach them the way how you earn they are no longer poor because they can earn just like what you earn.

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March 12, 2021, 08:35:41 AM
 #170

No one can become rich over night. It takes a whole lifetime, a lot of struggle and dedication in life which make a person rich. Once you are rich you deserve to accumulate more wealth. So we should focus on our life on how to become rich by working hard so we could also be classified ourselves in that elite class.

You do can become rich overnight, all you have have to do is pick the right lottery numbers. Sure it is very unlikely but there are chances. Or what about the guys that invested heavily in Gamestop options? They made a huge profit as well. There are some limited chances from time to time to become rich very fast. That is why there is a difference between new money and old money.
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March 12, 2021, 12:45:25 PM
 #171

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

OK ! Let's say your idea is absolutely correct. Then let's follow it - for someone you look wealthy enough - share your wealth with someone who is much poorer. Or even so - let us take 75% of your wealth from you and give it to the poorest? Why not ? What's wrong ? You are rich in relation to the inhabitants of some poor districts! There you have a computer, the Internet, you are fond of cryptocurrencies, you probably eat 3 times a day, and sleep on your bed and bed linen! So - are you ready to share your wealth with those in need? Smiley

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Hamphser
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March 12, 2021, 10:59:26 PM
 #172

No one can become rich over night. It takes a whole lifetime, a lot of struggle and dedication in life which make a person rich. Once you are rich you deserve to accumulate more wealth. So we should focus on our life on how to become rich by working hard so we could also be classified ourselves in that elite class.

You do can become rich overnight, all you have have to do is pick the right lottery numbers. Sure it is very unlikely but there are chances. Or what about the guys that invested heavily in Gamestop options? They made a huge profit as well. There are some limited chances from time to time to become rich very fast. That is why there is a difference between new money and old money.
Lottery is the only way and theres no other than that. lol

We are all doing our best to gain money and making ourselves financially free and its up to someone if they do give out something back into those who are in need but on mandating on sharing up the fortune
with those who are in need to make it mandatory isnt really just a right thing.Always consider on how those fellas do work hard and make out investment to reach that certain state.

If you are jelous on such scenario then start on working up hard and do find all sorts of things to make yourself better.

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March 12, 2021, 11:06:05 PM
 #173

No one can become rich over night. It takes a whole lifetime, a lot of struggle and dedication in life which make a person rich. Once you are rich you deserve to accumulate more wealth. So we should focus on our life on how to become rich by working hard so we could also be classified ourselves in that elite class.
You do can become rich overnight, all you have have to do is pick the right lottery numbers. Sure it is very unlikely but there are chances. Or what about the guys that invested heavily in Gamestop options? They made a huge profit as well. There are some limited chances from time to time to become rich very fast. That is why there is a difference between new money and old money.
Just quick and easy ways to quickly and earn a lot of money do not provide a reliable guarantee for the successful implementation of the goal, because simply speaking, you need to be in the right place at the right time. You can play for decades in the lottery, but never hit the jackpot, or having fast-growing stocks, you may not have time to sell them at the maximum, losing your chances due to the subsequent price correction or even collapse. Therefore, hard and systematic work is guaranteed to lead you to wealth.
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March 13, 2021, 07:21:42 AM
 #174

The lottery always depends on luck it is not the same everywhere the lottery can make people rich and throw them into the poor therefore, one should try to become rich by using one's life and wealth which will last for a long time. Those who are rich today have not achieved this in one day he has become rich by saving money by working hard.

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March 13, 2021, 08:44:09 AM
 #175

Lottery is the only way and theres no other than that. lol

We are all doing our best to gain money and making ourselves financially free and its up to someone if they do give out something back into those who are in need but on mandating on sharing up the fortune
with those who are in need to make it mandatory isnt really just a right thing.Always consider on how those fellas do work hard and make out investment to reach that certain state.

If you are jelous on such scenario then start on working up hard and do find all sorts of things to make yourself better.
In most cases, only a person who has earned his fortune as a supporting worker knows how to value not only work, but also his wealth. Thus, his status as a wealthy person will be long-term, unlike those who received a reward through the lottery. Very often, such people use the money received from the lottery very thoughtlessly and lose it very quickly. Therefore, such a rich person very quickly becomes ordinary or poor again.
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March 14, 2021, 01:42:22 AM
 #176

Lottery is the only way and theres no other than that. lol

We are all doing our best to gain money and making ourselves financially free and its up to someone if they do give out something back into those who are in need but on mandating on sharing up the fortune
with those who are in need to make it mandatory isnt really just a right thing.Always consider on how those fellas do work hard and make out investment to reach that certain state.

If you are jelous on such scenario then start on working up hard and do find all sorts of things to make yourself better.
In most cases, only a person who has earned his fortune as a supporting worker knows how to value not only work, but also his wealth. Thus, his status as a wealthy person will be long-term, unlike those who received a reward through the lottery. Very often, such people use the money received from the lottery very thoughtlessly and lose it very quickly. Therefore, such a rich person very quickly becomes ordinary or poor again.

Not necessarily, that's why there are financial advisors as a job. People who wins the lottery can easily hire and consult a financial advisor on what they can do the maintain their wealth. As far as I know, Lottery operators gives people advice and recommendations and such that it will help the winner think about what they can do to their winnings. Only a fool will disregard this advices. Maybe there will be some lottery winners that became ordinary after a while, but most of them stay rich and earning.

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March 14, 2021, 02:37:31 AM
 #177

Hmm, unfortunately, redistribution of wealth has some dire economic consequences.

First of all, the rich are very good at hiding their assets, so good luck trying to steal their money when it's on offshore bank accounts or tied up into physical assets (or perhaps some even tied to bitcoin). Second of all, the best way to make a rich person flee a country (therefore no contribution to the tax pool) is to massively raise their taxes. You see this on an individual level in the United States because each state has discretion on their local tax rates. In fact, the way the US works, even municipalities can create their own tax rate. But what you end up with is the rich leaving highly taxed states for states with lower tax rates. In Europe where the entire country has the same effective tax rate, as I mentioned before, the rich will just shove their assets offshore.
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March 14, 2021, 03:45:23 AM
 #178

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Rich people are one of the most taxed people here in our country, I agree that the poor should have allocation coming from the government, but what they really need are opportunities to lift their condition, if you are poor then get an education so you can become a professional and go to work, or set up a business, you don't need dole up be a productive citizen so you can help your government.

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March 14, 2021, 04:02:42 AM
 #179

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Rich people are one of the most taxed people here in our country, I agree that the poor should have allocation coming from the government, but what they really need are opportunities to lift their condition, if you are poor then get an education so you can become a professional and go to work, or set up a business, you don't need dole up be a productive citizen so you can help your government.

Get and Education can be easily say by any person especially those with advantages in the society. But you may very well know that education is not that affordable especially to those poor ones. Yes, there is student loans, but not all students are capable of even living by their own, especially when there are family problems that is problematic for them.

There are many factors to be considered before they can get an "Education" and this factors might be unreasonable for us, but it is reasonable for them as they are the one experiencing it.

But I am not saying that we should give the poor the money from the rich. It is just that the gap is too big already.

Solutions in this kind of problem is situational and must be taken seriously.

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March 14, 2021, 04:10:16 AM
 #180

Hmm, unfortunately, redistribution of wealth has some dire economic consequences.

First of all, the rich are very good at hiding their assets, so good luck trying to steal their money when it's on offshore bank accounts or tied up into physical assets (or perhaps some even tied to bitcoin). Second of all, the best way to make a rich person flee a country (therefore no contribution to the tax pool) is to massively raise their taxes. You see this on an individual level in the United States because each state has discretion on their local tax rates. In fact, the way the US works, even municipalities can create their own tax rate. But what you end up with is the rich leaving highly taxed states for states with lower tax rates. In Europe where the entire country has the same effective tax rate, as I mentioned before, the rich will just shove their assets offshore.

For a country such as the United States, the risk of rich people renouncing their citizenship in order to avoid paying higher taxes is very low. Even rich people have their businesses and most of the immovable assets within the US. Renouncing the US citizenship would mean that now these businesses and assets would no longer be taxed under a favorable regime. Same can be said about the European Union, where the taxes are much higher than what they have in the United States.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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March 14, 2021, 04:55:07 AM
 #181

Hmm, unfortunately, redistribution of wealth has some dire economic consequences.

First of all, the rich are very good at hiding their assets, so good luck trying to steal their money when it's on offshore bank accounts or tied up into physical assets (or perhaps some even tied to bitcoin). Second of all, the best way to make a rich person flee a country (therefore no contribution to the tax pool) is to massively raise their taxes. You see this on an individual level in the United States because each state has discretion on their local tax rates. In fact, the way the US works, even municipalities can create their own tax rate. But what you end up with is the rich leaving highly taxed states for states with lower tax rates. In Europe where the entire country has the same effective tax rate, as I mentioned before, the rich will just shove their assets offshore.

For a country such as the United States, the risk of rich people renouncing their citizenship in order to avoid paying higher taxes is very low. Even rich people have their businesses and most of the immovable assets within the US. Renouncing the US citizenship would mean that now these businesses and assets would no longer be taxed under a favorable regime. Same can be said about the European Union, where the taxes are much higher than what they have in the United States.

Also there is an expatriation tax related to renouncing citizenship, and the amount of Americans who live abroad who renounce there citizenship is around 0.06%, suggesting that it's just not worth it financially to undertake such an extreme measure. U.S. citizenship is worth a lot, which is something people who gripe about taxes don't appreciate fully.

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March 14, 2021, 12:30:23 PM
 #182

Let's talk about laziness. If they give those money for free, would you really think that these poor people would still do work. Im not saying all of them, but let's say they're poor because of doing nothing and only relying to someone. It will just make them more comfortable with your kind of thinking. I believe what we need is laws that would make better opportunities for those who will work harder and probably this world might have a good future.
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March 14, 2021, 01:12:00 PM
 #183

Also there is an expatriation tax related to renouncing citizenship, and the amount of Americans who live abroad who renounce there citizenship is around 0.06%, suggesting that it's just not worth it financially to undertake such an extreme measure. U.S. citizenship is worth a lot, which is something people who gripe about taxes don't appreciate fully.

People may complain a lot about the taxes, but very few would take drastic steps such as changing their residence or even citizenship. In many of the Californian cities, the total income tax (federal+state+local) easily amounts to more than 50%. But I haven't heard about large numbers moving away from these cities to take up residence elsewhere. People tend to flock to places where they have the potential to earn big, even if the tax levels are high.
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March 14, 2021, 11:59:24 PM
Last edit: March 15, 2021, 12:14:00 AM by AndySt
 #184

Also there is an expatriation tax related to renouncing citizenship, and the amount of Americans who live abroad who renounce there citizenship is around 0.06%, suggesting that it's just not worth it financially to undertake such an extreme measure. U.S. citizenship is worth a lot, which is something people who gripe about taxes don't appreciate fully.
People may complain a lot about the taxes, but very few would take drastic steps such as changing their residence or even citizenship. In many of the Californian cities, the total income tax (federal+state+local) easily amounts to more than 50%. But I haven't heard about large numbers moving away from these cities to take up residence elsewhere. People tend to flock to places where they have the potential to earn big, even if the tax levels are high.
People will always complain about taxes, because money is always small and it is human nature  Wink Let's not forget that with a progressive tax system, the level of taxes is proportional to the level of income, and if a person earns not so much, then accordingly not so much and loses from the level of taxes and vice versa can even receive social assistance from the state. A much larger part of the population moves to other regions of the country or even to another country not because of the level of taxes, but because of higher earnings.
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March 15, 2021, 01:38:52 AM
 #185

Being rich or poor is the choice of each person, because we can achieve being rich as long as we focus on making it happen. Only lazy people
in my opinion think it is impossible to be rich, because mostly poor people, especially in my country rely too much on other people to live.
Even though if someone works hard, I believe they can change lives for the better, so it is not wise if we are poor and ask the government to
take money from the rich. Regarding the tax issue between rich and poor, I agree that it must be distinguished, because the rich have more income,
so the taxes that apply must also be bigger.

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March 15, 2021, 03:32:22 AM
 #186

Being rich or poor is the choice of each person, because we can achieve being rich as long as we focus on making it happen. Only lazy people
in my opinion think it is impossible to be rich, because mostly poor people, especially in my country rely too much on other people to live.
Even though if someone works hard, I believe they can change lives for the better, so it is not wise if we are poor and ask the government to
take money from the rich. Regarding the tax issue between rich and poor, I agree that it must be distinguished, because the rich have more income,
so the taxes that apply must also be bigger.

I have a different view on this. Lazy people exist in this world because the government has made it possible for them to sit at home and still get welfare payments. During the middle ages, everyone had to work hard. Back then, no one could refuse to work thinking about the unemployment benefits and welfare cheques. Because there were no such payments and if someone refuses to work, then he'll simply starve to death.

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
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March 15, 2021, 08:35:50 AM
 #187

I hope you are just kidding. We can't take someone's money because you need this money more.
p.s. What you are talking about is progressive tax system. Progressive taxes require high-income taxpayers to pay a larger fraction of their income than low-income taxpayers. That means, as income rises, the tax rate increases as well. This tax system is designed to affect higher earners more than people with a low income.
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March 15, 2021, 09:11:54 AM
 #188

This idea will not improve the development of the country than to improve lazy citizens in the country, if the government put the law of giving to the poor without labour for it. Many rich men and women will withdraw their self from the area of investment because at the end of the struggle the benefits will go to the poor in the society.
I don't think any government will allow such law in the country because the poor will always depend on the rich to labour for them to consume.

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March 15, 2021, 01:49:30 PM
 #189

No, i don't agree with that thoughts. I mean it's their right to save their assets, so it's ridiculous if they have to give it away to the poor just because they don't use it for a long time. But still, i agree that the rich should be able to distribute their wealth to the poor, help them. I think the wealth distribution to make a fair and equal society is important, but the way to do it must be thought thoroughly as well. It shouldn't make the rich feel robbed and the poor become lazy, and just expecting for the money from the rich.
But still, i think people need to work hard for the money they earn, and not expecting the free money from the rich.

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March 15, 2021, 01:55:04 PM
 #190

People will always complain about taxes, because money is always small and it is human nature  Wink Let's not forget that with a progressive tax system, the level of taxes is proportional to the level of income, and if a person earns not so much, then accordingly not so much and loses from the level of taxes and vice versa can even receive social assistance from the state. A much larger part of the population moves to other regions of the country or even to another country not because of the level of taxes, but because of higher earnings.

For blue collar workers who earn $3,000 or $4,000 a month, the taxes are in the range of 15%-20%, and they don't bother much. But for software engineers, stock traders.etc, the income tax can be 50% or more, especially if they reside in some of the high-tax jurisdictions such as California. For the latter group, it represents a dilemma. If they move away to a state such as Idaho or Montana, then the tax levels may be lower. But they won't be able to get the same salary that they get in California.
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March 15, 2021, 02:47:00 PM
 #191

I think that such thoughts are just utopias from the universe of Thomas More.  You can't just take money from some and give it to others.  And who will give their money voluntarily?  Violence can only breed violence.  But in every possible way to encourage charity on a voluntary basis is simply necessary, helping those in need is an absolutely normal desire of a person.  Advertising campaigns and promotions, instilling from childhood the thought to children that helping one's neighbor is a common thing.  I sincerely admire people who share their fees and savings with relief funds.  Unfortunately, there are not too many such people, I myself study and work part-time in the hospital, where I constantly have to see how people do not have enough money for ordinary medicines, surgeries or rehabilitation, since state aid cannot provide patients with everything they need.  And at such moments it becomes very sad that someone is buying a fifth plane, and someone cannot buy antibiotics or inhalation cans.
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March 16, 2021, 06:47:00 AM
 #192

Hmm, unfortunately, redistribution of wealth has some dire economic consequences.

First of all, the rich are very good at hiding their assets, so good luck trying to steal their money when it's on offshore bank accounts or tied up into physical assets (or perhaps some even tied to bitcoin). Second of all, the best way to make a rich person flee a country (therefore no contribution to the tax pool) is to massively raise their taxes. You see this on an individual level in the United States because each state has discretion on their local tax rates. In fact, the way the US works, even municipalities can create their own tax rate. But what you end up with is the rich leaving highly taxed states for states with lower tax rates. In Europe where the entire country has the same effective tax rate, as I mentioned before, the rich will just shove their assets offshore.
And they do it because they can, someone that belongs to the middle class cannot simply grab his possessions and leave, a great deal of his net worth is in his house which means that for the most part he cannot leave, besides those in the middle class still depend on their jobs which require them to show up at a time and a place, the rich do not have these limitation and when we take into account their superior resources this means that whenever they think the tax rate is being increased indiscriminately then they will just leave.

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March 16, 2021, 10:13:22 AM
 #193

And they do it because they can, someone that belongs to the middle class cannot simply grab his possessions and leave, a great deal of his net worth is in his house which means that for the most part he cannot leave, besides those in the middle class still depend on their jobs which require them to show up at a time and a place, the rich do not have these limitation and when we take into account their superior resources this means that whenever they think the tax rate is being increased indiscriminately then they will just leave.

I don't know how much truth is there in such arguments. If that was the case, hardly anyone should be residing in states such as California, where the tax rates are insanely high. But rather than leaving California, rich people seems to be flocking towards that state. Rich people have their own business interests and other assets. They will stay in a region where it is possible to increase the profits from these assets. Those who leave will be hardly contributing anything to the economy, as most of their wealth will be in the liquid form.
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March 16, 2021, 09:58:36 PM
 #194

People don't need money, protests or violence. They need information.

Knowledge which allows them to put current events into perspective. So they need not rely on billionaire owned media, and billionaire funded experts to explain things.

but it's not easy to do poor people have their own thoughts i try to explain about crypto / blockchain to someone else who doesn't understand and he says i am lying or it's a scam and they are afraid to use it so even if the information is given they need time to decide and believe me it won't easy.
And what you've quoted is right, it's about the information and knowledge because as you've said, you've tried to explain about it and yet they've already judged that it's a scam.
They've said that because they lack of knowledge and not fully aware that there are actual legitimate cryptocurrencies and probably, what they've only heard were those scams.

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March 17, 2021, 08:29:09 AM
 #195

I think there is no such law in real life that there are rich people and there must be poor people and that the rich should basically give the poor all of it depends on the individual and the greatness of our hearts to help each other human beings

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March 20, 2021, 05:06:25 AM
Merited by vapourminer (1)
 #196

And they do it because they can, someone that belongs to the middle class cannot simply grab his possessions and leave, a great deal of his net worth is in his house which means that for the most part he cannot leave, besides those in the middle class still depend on their jobs which require them to show up at a time and a place, the rich do not have these limitation and when we take into account their superior resources this means that whenever they think the tax rate is being increased indiscriminately then they will just leave.

I don't know how much truth is there in such arguments. If that was the case, hardly anyone should be residing in states such as California, where the tax rates are insanely high. But rather than leaving California, rich people seems to be flocking towards that state. Rich people have their own business interests and other assets. They will stay in a region where it is possible to increase the profits from these assets. Those who leave will be hardly contributing anything to the economy, as most of their wealth will be in the liquid form.
The rich have many legal venues to reduce their taxes, so even if they live in a place with high taxes there are ways in which they could reduce the taxes they pay while still living there, that is the whole point of companies, companies for all sake and purposes are separate entities from their owners, so while they live in a state with high taxes their company could be in a state with low or no state taxes and this will allow them the best of both worlds, pay little taxes and live wherever they want.

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March 20, 2021, 06:20:25 AM
 #197

The rich have many legal venues to reduce their taxes, so even if they live in a place with high taxes there are ways in which they could reduce the taxes they pay while still living there, that is the whole point of companies, companies for all sake and purposes are separate entities from their owners, so while they live in a state with high taxes their company could be in a state with low or no state taxes and this will allow them the best of both worlds, pay little taxes and live wherever they want.
Does lobbying counts as tax reduction because rich people most of the time are involved in lobbying which is totally unfair because it is a sophisticated corruption. The only way for this narrative of rich people having too much money to be resolved is when the government finally realizes that they can make more money out of these companies by taxing them and not considering donations as a write offs.

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March 20, 2021, 05:40:35 PM
 #198


Does lobbying counts as tax reduction because rich people most of the time are involved in lobbying which is totally unfair because it is a sophisticated corruption. The only way for this narrative of rich people having too much money to be resolved is when the government finally realizes that they can make more money out of these companies by taxing them and not considering donations as a write offs.

Then the problem does not lie with the "Rich" in this scenario, but to the government workers who are bribed for the sake of reducing tax.

Logically, tax for rich people are higher than normal, and many more tax are actually given to them, its just that there are many holes in the tax laws that can be avoided by doing other things. For example, building a foundation can reduce your tax greatly.

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March 20, 2021, 06:36:39 PM
 #199

Let's talk about laziness. If they give those money for free, would you really think that these poor people would still do work. Im not saying all of them, but let's say they're poor because of doing nothing and only relying to someone. It will just make them more comfortable with your kind of thinking. I believe what we need is laws that would make better opportunities for those who will work harder and probably this world might have a good future.

Not entirely true, while it's often good to teach a man how to catch fish rather than just donating them one fish, we also need to see if the man really has the means to catch fish even when we teach them. Being born into extreme poverty is like a life trapped with locks, it's easy to say they will be lazy and won't work hard, but the thing is, even if they want to work, is there any job available? We need to create job opportunities for them, giving them basic training and good education and health can give them access to many opportunities.
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March 21, 2021, 09:52:14 AM
 #200

Rich have too much, especially because money corrupts. In this way rich are able to lobby and pay off government officials and get away with not paying taxes while the poor has no other option than pay those taxes. There are laws in different countries where people with higher income have to pay higher taxes and even fines, like Europe's nordic countries.

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March 21, 2021, 10:47:39 AM
 #201

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

What kind of revolution you want to recommend, there is a lot of revolution in the past but none have succeeded in equal distribution of wealth, it's not going to happen, people have the freedom to do what they want to do this is inherent on them, those who want more should have more and those who work less will have less, the talent and perseverance are not the same on all people, we are made to be different with each other when it comes to wealth distribution.

I have something to say regarding the bolded statement above.

So if I want more, then I have the authority to have more. 

or what you're saying is that, anyone who wants more from this capitalistic community must work more to have more? cause in this case, then farmers should be richer than anyone else, laborers and other kind of workers should have more. But the one who is the richest of the rich are the ones whose travelling accross the world, while the poorest are the one who works in farms etc day in and day night. hmmmmm

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March 21, 2021, 01:56:38 PM
 #202

I don't see an equality to your suggestion. For me it feels like you want to ruin much more the equality that has been broken already. Revolution shouldn't be that way. What needs improvement is how education should be given free or even much more less expensive in order for almost anyone to keep their feet on the competetive grounds.
 
Those rich people have been in a lot of struggles in their past, they don't simply become rich in just a snap, they work hard for it, and you should to. And not simply getting small percentage of their money that they worked hard the rest of their lives just for you who does almost nothing.

Rich have too much? They deserve it. You have nothing? maybe you also deserve it coz you haven't done anything I may say.  Wink
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March 21, 2021, 04:20:21 PM
 #203

I don't see an equality to your suggestion. For me it feels like you want to ruin much more the equality that has been broken already. Revolution shouldn't be that way. What needs improvement is how education should be given free or even much more less expensive in order for almost anyone to keep their feet on the competetive grounds.
 
Those rich people have been in a lot of struggles in their past, they don't simply become rich in just a snap, they work hard for it, and you should to. And not simply getting small percentage of their money that they worked hard the rest of their lives just for you who does almost nothing.

Rich have too much? They deserve it. You have nothing? maybe you also deserve it coz you haven't done anything I may say.  Wink


Disagree partially. Well, some rich people have really worked hard all the way to their top, but many of them are just inheriting the money of their parents and so forth. They have worked hard no doubt, but money doesn't work like that, it doesn't always happens that output is equal to input. Human beings have limited life span, with growing population and everyone wanting to survive a good life, the rich can do more towards contributing to education and technology to make a better world for everyone. A boy gets to born in a billionaire's house and a boy getting born in a poverty filled family won't have the same life, even if the former did nothing "extra" as you said and hence having good principles is more important now than ever.
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March 24, 2021, 03:48:30 AM
 #204

The rich have many legal venues to reduce their taxes, so even if they live in a place with high taxes there are ways in which they could reduce the taxes they pay while still living there, that is the whole point of companies, companies for all sake and purposes are separate entities from their owners, so while they live in a state with high taxes their company could be in a state with low or no state taxes and this will allow them the best of both worlds, pay little taxes and live wherever they want.
Does lobbying counts as tax reduction because rich people most of the time are involved in lobbying which is totally unfair because it is a sophisticated corruption. The only way for this narrative of rich people having too much money to be resolved is when the government finally realizes that they can make more money out of these companies by taxing them and not considering donations as a write offs.
It should count but technically that should be in the illegal avenues to reduce taxes, what happens is that politicians do not begin their career as corrupt but they soon see that in order to move forward they have to accept that outcome, the few that decide to not accept bribes do not make it far while the ones that do move forward, this is reverse Darwinism, instead of the fittest for the job we get the worst for it and by the time they make it to an important spot in the government they are easy to bribe by the rich.

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April 01, 2021, 08:05:12 AM
 #205

They have own decision how to spend their own money, even they have a lot of money. If they give to poor people its good, but if no, again its their decision. Many rich people have more money because they invest more in their business. They buy stock in market, they save more.
Yeah, I think main topic would basically be that difference exactly. How? If we combine his ideas which I do agree that looks not good, telling people to work in a world where there is nearly 1 billion people out of work nowadays is a very very bad approach, I would say his heart is definitely not in the right place and he looks like a bad person, BUT his ideas could be used for good as well.

Since rich people are trying to get richer and poor people are having hard time finding work, how about we come to a decent middle way? Tax the rich companies and people a shit ton of money if they are just getting richer, but do tax breaks for them if they hire a lot of people, in that way rich people will try to have bigger and bigger business and will hire more and more people, that way if rich people just focus on getting richer they will be charged 99% tax and will not have any money eventually and that money will be used to help the poor, OR they could just get their business bigger and hire a ton of people which will help people too, win-win either way for poorer people.
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April 01, 2021, 09:13:59 AM
 #206

If the rich cannot have too much money, then how can they be called rich?
If such a law existed then I am sure there would be many rich people who would be crazier to spend their money quickly, if that was the case then it would certainly be a very useless waste. So, let them or rich people be free to save their money because after all, of course there will be moments where rich people will make large donations when needed and that will certainly be better and more useful.

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April 02, 2021, 02:51:06 PM
 #207

The needs of people are always increasing and the capitalists always encourage the development of the market economy. The more wealthy people are, the more motivated people are to thrive. The poor have many reasons for being poor such as force majeure in labor for the elderly, the disabled, and the terminally ill. They are poor for sure. Others are poor due to laziness, due to too many burdens. We cannot divide wealth from the rich to the poor because we cannot do it other than donations or charities.
We can only help the poor by helping them, giving them a job, giving them knowledge.
Modern society makes people more greedy and has more material needs. They will want other things bigger than they are now. If one day the rich accept only one house and a car and simply eat and drink, then only that will have the opportunity for the poor.
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April 02, 2021, 04:35:14 PM
 #208

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

This is how it is, the poor in Africa for a few dollars will do anything, and most of the boys in the U.S. have an average of 100 thousand dollars on metamask without knowing how to live safely in the network. One has nothing to eat, the other complains that he is fat after mac cheese from MCD

Research are inspired by other experienced CSGO players from https://pro.eslgaming.com/  and  LOL ex-players and esports bettors from esporttalk.org , esportal and reddit.com and discord

https://bitcointalk.org/index.php?topic=5228376.0 - Astralis to win , fuck yeah
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April 02, 2021, 04:36:10 PM
 #209

most rich actually dont have too much money but what they have the most is debts and the real rich are often poor because they are free from debts . you demand a law that is crazy , what if they hold that money for emergency use in the future . even if you hate it , its still inapropriate to force someone to donate but they can just donate if they are willing  and poors shouldnt sit and depend to others but they must work hard to get out of that poverty .


yes it is right that poor people should not depend on others to get their basic necessity, their first priority should to earn money by themselves and do hard work. But there comes some condition, if the poor is unable to earn money because of some handicap or other reasons then it is the duty of rich people to help them financially.
And I think it is not a bad idea like giving specific % in money to the poor people (it is ok if the % is very very less), as we all know that ratio of poor people is much bigger that the rich one.
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April 02, 2021, 04:45:59 PM
 #210

The needs of people are always increasing and the capitalists always encourage the development of the market economy. The more wealthy people are, the more motivated people are to thrive. The poor have many reasons for being poor such as force majeure in labor for the elderly, the disabled, and the terminally ill. They are poor for sure. Others are poor due to laziness, due to too many burdens. We cannot divide wealth from the rich to the poor because we cannot do it other than donations or charities.
We can only help the poor by helping them, giving them a job, giving them knowledge.
Modern society makes people more greedy and has more material needs. They will want other things bigger than they are now. If one day the rich accept only one house and a car and simply eat and drink, then only that will have the opportunity for the poor.

The message in this one is twisted, especially to the last phrase you stated. There are other different opportunities for poor in different scenarios, some are given scholarships, some are given grants, some are being adopted, etc. You can't dismiss this opportunity no matter how low the probability of getting one.

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April 02, 2021, 07:04:26 PM
 #211

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

This is how it is, the poor in Africa for a few dollars will do anything, and most of the boys in the U.S. have an average of 100 thousand dollars on metamask without knowing how to live safely in the network. One has nothing to eat, the other complains that he is fat after mac cheese from MCD
You don't need to go too far from Africa in order to find rich boys. African leaders are pretty wealthy, while the people starves and depend on foreigner financial and medical assistance to survive.
Africa is a rich land full of minerals, but the leaders and terrorists don't want to share the profits with the rest of the locals. And why do the people allow such things happening in their own territory homeland?

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April 02, 2021, 07:57:17 PM
 #212

The needs of people are always increasing and the capitalists always encourage the development of the market economy. The more wealthy people are, the more motivated people are to thrive. The poor have many reasons for being poor such as force majeure in labor for the elderly, the disabled, and the terminally ill. They are poor for sure. Others are poor due to laziness, due to too many burdens. We cannot divide wealth from the rich to the poor because we cannot do it other than donations or charities.
We can only help the poor by helping them, giving them a job, giving them knowledge.
Modern society makes people more greedy and has more material needs. They will want other things bigger than they are now. If one day the rich accept only one house and a car and simply eat and drink, then only that will have the opportunity for the poor.
The whole modern market social model is built on banal human greed and is quite competitive and viable. Personally, I am not happy with some of the costs of such a model of modern capitalism, such as the excessive wealth of individual members of society, but all sorts of social experiments, such as socialist regimes and all sorts of restrictions on wealth, led to even worse results. Therefore, I am against such proposals as one house and one car, and I am in favor of creating conditions for the state to improve the well-being of the rest of the population. That is, not a restriction, but rather a stimulation of the other layers.
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April 03, 2021, 09:20:33 AM
 #213

Modern society makes people more greedy and has more material needs. They will want other things bigger than they are now. If one day the rich accept only one house and a car and simply eat and drink, then only that will have the opportunity for the poor.

The message in this one is twisted, especially to the last phrase you stated. There are other different opportunities for poor in different scenarios, some are given scholarships, some are given grants, some are being adopted, etc. You can't dismiss this opportunity no matter how low the probability of getting one.

Every class of society has its own opportunity and I believe that the poor also have a chance to rise, but why are the poor still so numerous? All matter is finite on our earth and time does not favor the poor because they have a very low starting point. They cannot afford housing opportunities if the rich are constantly amassing finite assets such as real estate. Many people work their lives just enough to buy them a home.

The whole modern market social model is built on banal human greed and is quite competitive and viable. Personally, I am not happy with some of the costs of such a model of modern capitalism, such as the excessive wealth of individual members of society, but all sorts of social experiments, such as socialist regimes and all sorts of restrictions on wealth, led to even worse results. Therefore, I am against such proposals as one house and one car, and I am in favor of creating conditions for the state to improve the well-being of the rest of the population. That is, not a restriction, but rather a stimulation of the other layers.
The purely socialist regime annihilated the other roles of the private economy and was led only by the state economy. That holds back economic growth. Currently, socialist countries such as Vietnam, China, and LAOS are constantly expanding their development scale and receiving investment from abroad. They are already rich and have fewer poor people. Countries like Korea and Cuba are embargoed by the US and they have not developed to their full potential.
I don't blame each regime because the way they run is not the same. Just after the pandemic, see how Americans went out on the streets of Europe faced starvation and unemployment.
Proof that the capitalist economy is bad is that the Texas electric utility has raised the price of electricity hundreds of times to make a profit.
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April 03, 2021, 10:15:47 AM
 #214

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
Satoshi has already invented bitcoin for this. You just have to wait until the FRS machine dies

Patience my young padawan
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April 03, 2021, 11:32:32 AM
 #215

If the rich cannot have too much money, then how can they be called rich?
If such a law existed then I am sure there would be many rich people who would be crazier to spend their money quickly, if that was the case then it would certainly be a very useless waste. So, let them or rich people be free to save their money because after all, of course there will be moments where rich people will make large donations when needed and that will certainly be better and more useful.

Precisely. I don't think rich people are the only one who is the problem here because not all rich people doesn't get all their money from corruption or any illegal activities because there are rich people who work really hard just to have that lifestyle. While poor people, on the other hand, there are few people who only rely on the support of the government or donation and they don't even do anything but sit there waiting for relief, to put it simply some of them are just lazy, so wouldn't be unfair for wealthy people if such law exist? However, there are poor people who really strive in order to have a good life but lack of money stopping them to do so. And that kind of poor people is the ones who should get the benefits.



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April 03, 2021, 05:39:50 PM
 #216

If rich don't have too much, how can be they called rich? People in this world has a different walks of life and we can't force the rich to just give to the poor. Poor should strive for their livings. Nor can the government force the rich to pay more taxes, so there are laws we have to follow, the rich and the poor have to follow.

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April 03, 2021, 08:56:27 PM
 #217

Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

As one of my favorite book authors Robert Kiyosaki says, "It is better to teach how to fish and not give away a single fish to satisfy a day's hunger."
You cannot give gifts because you teach to be dependent, and currently if you do that, people are based on habits and just as there are good habits, people learn faster and get used to bad habits.

For this they can help with loans and financing obtaining profit percentages, but always working. Being rich is not bad, nor are the rich bad either, of course there are exceptions, but for those reasons it is that there must be effort for work.

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April 03, 2021, 09:55:09 PM
 #218

About taxes, I know people here often don't like them, it's always painful to pay of course. Plenty of politicians and normal people think rich people should be taxed more. In fact many rich people agree !

A wealth tax is being proposed in the US, in my country we've had one on and off for decades. It doesn't really work. The US one is bigger.

An argument against such a tax is that when you own lots of stocks, like rich people often do and that's how they're getting richer, you don't have "realized" your gain until you sell the stocks, just like with crypto. So you might be down after having been up. First of all most of these people clearly are always up. And since the tax is flat, if their wealth is down, they will pay less, it seems fair to me.
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April 04, 2021, 12:46:44 AM
 #219

Hmm, unfortunately, redistribution of wealth has some dire economic consequences.

First of all, the rich are very good at hiding their assets, so good luck trying to steal their money when it's on offshore bank accounts or tied up into physical assets (or perhaps some even tied to bitcoin). Second of all, the best way to make a rich person flee a country (therefore no contribution to the tax pool) is to massively raise their taxes. You see this on an individual level in the United States because each state has discretion on their local tax rates. In fact, the way the US works, even municipalities can create their own tax rate. But what you end up with is the rich leaving highly taxed states for states with lower tax rates. In Europe where the entire country has the same effective tax rate, as I mentioned before, the rich will just shove their assets offshore.

For a country such as the United States, the risk of rich people renouncing their citizenship in order to avoid paying higher taxes is very low. Even rich people have their businesses and most of the immovable assets within the US. Renouncing the US citizenship would mean that now these businesses and assets would no longer be taxed under a favorable regime. Same can be said about the European Union, where the taxes are much higher than what they have in the United States.


They don't need to leave the country, they will just leave their state in order to avoid paying high taxes on the state level. See California residents leaving to states with lower taxes because democrat leadership has made the tax rate completely insane to pay for their woke green policies.
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April 07, 2021, 01:11:41 AM
 #220

I don't think you have to collect from the rich and give the poor the rich always take the risk to make more money why the poor are always scared to invest the little they are having so that they won't lose there money and definitely life itself is all about risk if you can take the risk you will definitely make it. The rich are definitely working for there there money so I see no reason why you have to collect from them and give the people that are scared to take the risk. Lots of rich people always invest in Cryptocurrency and they always make huge money and poor are are scared to invest in Cryptocurrency because so even say cryptocurrency is a scam and they are not ready to waste there time and money there so why will you collect from the person that can risk his/her life and give the person that is scared to take risk.

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April 07, 2021, 02:07:31 AM
 #221

If rich don't have too much, how can be they called rich? People in this world has a different walks of life and we can't force the rich to just give to the poor. Poor should strive for their livings. Nor can the government force the rich to pay more taxes, so there are laws we have to follow, the rich and the poor have to follow.
just giving away, I don't think it's a good way to lift the economy, indeed everyone must struggle to get their welfare. the richer people of course their needs will be more and more, like what if he hires someone, I think that is a great way to help

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April 07, 2021, 04:07:18 AM
 #222

They don't need to leave the country, they will just leave their state in order to avoid paying high taxes on the state level. See California residents leaving to states with lower taxes because democrat leadership has made the tax rate completely insane to pay for their woke green policies.

How many people can afford to do that? For those who are employed in California or having business in that state, moving to another state is not a viable option. Only a few, such as stock traders and those who inherited their wealth can do that (and most of these people are migrating to low-tax states). For the same job, salaries can be 2x or 3x higher in California when compared to states such as Montana or Utah. So even after the taxes, the in hand salary is higher for those who work in California.

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April 07, 2021, 02:31:14 PM
 #223

The rich will never tell you they have too much or are satisfied at the level they are, if you are to interview the richest man in the world I know the person still wants more money. And for this law, I don't think it can work in all Countries with Corruption and red-tapism all over. The world will be a better place if we learn to share from our excesses.

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April 07, 2021, 04:51:15 PM
 #224

The rich will never tell you they have too much or are satisfied at the level they are, if you are to interview the richest man in the world I know the person still wants more money. And for this law, I don't think it can work in all Countries with Corruption and red-tapism all over. The world will be a better place if we learn to share from our excesses.

What kind of excess are you talking about. Cause if we call excess, isn't excess "a going beyond what is regarded as customary or proper, then what is proper?

If we would take your view as the standard, then what is the custom or the limit before we call something to be an excess? Cause in actual world of innovation and non-stop progress, custom in things like this can't be defined.

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April 07, 2021, 05:31:40 PM
 #225

I think this is great but it is better if everyone is given more knowledge about the business
because if everyone is given money, many of them will not think of using that money as capital but will be spent immediately and will forever continue to depend on other people who are richer.
if they are given knowledge about how to manage finances, how to do business well etc. I think they will be able to make better use of it for their life. all they need is not compassion but opportunity.

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April 07, 2021, 05:35:26 PM
 #226

I'll agree with the idea that the rich currently have too much money and it would be much more useful circulating within society, however capitalism has proven to be the most effective economic system in history. That being said it is perfectly possible to tax the rich much higher than they are currently being taxed and without it effecting them much at all. When you hear Warren Buffett, one of the richest men in the world, talking about how his effective tax rate is lower than his secretary you know that politicians have implemented a broken system. The major trouble is that money effectively buys power via laws, you really need to prevent lobbying in government in order to create the right laws and it seems so heavily ingrained now that it would take a monumental effort to change it.

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April 15, 2021, 06:05:14 PM
 #227

I don't think you have to collect from the rich and give the poor the rich always take the risk to make more money why the poor are always scared to invest the little they are having so that they won't lose there money and definitely life itself is all about risk if you can take the risk you will definitely make it. The rich are definitely working for there there money so I see no reason why you have to collect from them and give the people that are scared to take the risk. Lots of rich people always invest in Cryptocurrency and they always make huge money and poor are are scared to invest in Cryptocurrency because so even say cryptocurrency is a scam and they are not ready to waste there time and money there so why will you collect from the person that can risk his/her life and give the person that is scared to take risk.

The idea of ​​"taking from the rich and giving to the poor" strongly resembles the approaches of the lumpenized, degraded "rulers" who started the revolution of 1917, and then moved on to mass repression, persecution and murder of their citizens. At the heart of the ideology there was just the idea "there should be no rich, and everything that the rich have accumulated should be taken from them and given to the poor." As a result, we got a criminal country, with a degraded population, and 0 cost of human life. Kstaiti - just giving money to the poor will only make them worse. They must earn money and strive for change. If they are to be financed, then through development, training. BUT, as practice shows, they don't need it, they need a bundle of money to "walk it nicely", buy an iPhone and an expensive watch ... Before you feel sorry for them - look at what values ​​they have and what they have a real craving for ...


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Koro-Sensei
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April 16, 2021, 06:29:57 AM
 #228

If government allows this kind of thinking, more and more people will rely to those who work harder than them. Richness comes from sacrifices, sweat, blood and cannot be easily attained by doing nothing. Poorness are the result of making poor and wrong decisions in life + little opportunities and even if opportunities were there, doubts are present. I believe what we need is to have more opportunities/jobs to have a more good possibilities of success.
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April 16, 2021, 08:25:15 AM
 #229

Richness comes from sacrifices, sweat, blood and cannot be easily attained by doing nothing. Poorness are the result of making poor and wrong decisions in life + little opportunities and even if opportunities were there, doubts are present.
Not really, you can be rich if you are a son of a wealthy man. In other words, you have a lucky start. People can have unlucky start when they were born in a poor family. But they can create their own future when they work hard, etc.


I see a lot of poor people blaming the rich and want to tax them, it's like blaming "the force" for giving them good luck plus punish them for being rich. Don't treat them like an enemy, but an extremely lucky friend who can help you. Why? Because if you treat them wrong, they will run away. #capitalflight

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April 16, 2021, 12:15:17 PM
 #230

Well there's a saying the rich gets richer and poor gets poorer. This is a fact and there are so many articles pointing out what rich people does to the system.
It might be good if you somehow get to the point where you can have your own business but aside from that you can't get your leverage from getting yourself rich from your poor state.
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April 16, 2021, 02:15:40 PM
 #231

Well there's a saying the rich gets richer and poor gets poorer. This is a fact and there are so many articles pointing out what rich people does to the system.
It might be good if you somehow get to the point where you can have your own business but aside from that you can't get your leverage from getting yourself rich from your poor state.

The influence of rich people on the system is quite logical. These are people who, as a rule, run a large business, where significant amounts of consumption, taxes and other things are generated. Plus, they interact with both private clients and the state, and as a result, they will look for more convenient conditions for themselves. Although I agree, this often leads to improper lobbying or even corruption. But the question arises - how can a poor person, on whom nothing depends, who does not affect anything, influence the system? The answer is extremely simple and logical - NO. And this is a normal situation.

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April 18, 2021, 02:29:37 PM
 #232

Do not blame rich people on having much in life. They are very resourceful and have so much ambition in life that is why they are getting richer and richer. Poor people should learn from the skills of rich people on becoming rich so they won’t stay poor. Let’s just encourage ourselves to be the best version of ourselves.

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