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Author Topic: Rich have too much  (Read 3302 times)
xSkylarx
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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.

#business #forextrader #bitcoinnews #invest
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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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