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Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

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  • #46
    Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

    Originally posted by dxmnkd316 View Post
    I buy these numbers. Remember these families aren’t equally spread among you and your friends. They’re concentrated to small areas and don’t often mingle with us, the unwashed masses.
    Purely anecdotally I grew up / went to school with a lot of these people, so it makes perfect intuitive sense to me. My self-correction for anecdotal bias is always to remind myself how inconceivable poor the average American is.

    One reason I am so hard core socialist is I know from experience just how little the super rich deserve their wealth. There is literally no reason for the kids of rich people to inherit tens of millions of dollars. I would impose an absolute hard cap of $10M for lifetime wealth transfer between generations in a family. Your brat wants to inherit your $100M mansion overlooking Central Park? Fine -- she can go out and earn the money to buy it at the estate sale. You already gifted her a Harvard degree and your Rolodex -- that should be enough.

    Meritocracy. It's what's for dinner.
    Last edited by Kepler; 02-24-2020, 11:17 AM.
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    • #47
      Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

      Originally posted by Kepler View Post
      Purely anecdotally I grew up / went to school with a lot of these people, so it makes perfect intuitive sense to me. My self-correction for anecdotal bias is always to remind myself how inconceivable poor the average American is.

      One reason I am so hard core socialist is I know from experience just how little the super rich deserve their wealth. There is literally no reason for the kids of rich people to inherit tens of millions of dollars. I would impose an absolute hard cap of $10M for lifetime wealth transfer between generations in a family. Your brat wants to inherit your $100M mansion overlooking Central Park? Fine -- she can go out and earn the money to buy it at the estate sale. You already gifted her a Harvard degree and your Rolodex -- that should be enough.

      Meritocracy. It's what's for dinner.
      It has nothing to do with what the heirs deserve or don't deserve. They deserve and are entitled to nothing.

      What it does have to do with is a person's right to dispose of his or her wealth as they see fit. It's their money. If you work hard, if you save hard, if you invest wisely, why does the government just get to take it away when you die.

      Most arguments like yours are colored by jealousy of the heir, since no one ever seems to object if the obscenely wealthy decide to do something with their money for a so-called "good cause."
      That community is already in the process of dissolution where each man begins to eye his neighbor as a possible enemy, where non-conformity with the accepted creed, political as well as religious, is a mark of disaffection; where denunciation, without specification or backing, takes the place of evidence; where orthodoxy chokes freedom of dissent; where faith in the eventual supremacy of reason has become so timid that we dare not enter our convictions in the open lists, to win or lose.

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      • #48
        Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

        hovey is half right.

        what it has to do with is society cost money. and like willie horton, one should go where the money is.

        taking funds away from poor or working class is silly, because you are snatching up pennies.
        go to the wealthy and take some (1-2-3% of wealth. 50% of that high marginal rate).

        let the poor and workers keep their money to spend and run the economy. let the richies keep half of theirs to do the same.

        fund society. not retire student debt or other crazy wishes.
        but supply healthcare. supply infrastructure. supply retirement for old cranky folks.
        a legend and an out of work bum look a lot alike, daddy.

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        • #49
          Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

          Originally posted by SJHovey View Post
          What it does have to do with is a person's right to dispose of his or her wealth as they see fit. It's their money.
          Says who?

          This is a social convention. It can be changed. If it's causing millions of people to slowly perish from the lack of essentials, then it should be changed.

          Never believe the ideas in your head are anything other than a model you made up (or that was made up for you) to make sense of the world. There's nothing causing you to accept a standard of morality except your personal choice. You are comfortable with a choice that puts an arbitrary fiction above the actual physical welfare of the majority of living, breathing, actual human beings. I get that -- you have been trained since birth to believe that; it's how the 1% maintain their control.

          I don't accept that for myself and, little by little, there are getting to be more of me than you. Finally. And thank god for that.

          I completely understand the logic of your position. I get that it seems inescapable to you. But the only thing that makes it make sense to you, as opposed to, say, "if I have a full loaf of bread and you are starving I will give you half of my loaf," is your choices about who you are. And we have made different choices.

          You vote your way; I'll vote mine. You've been winning for 200 years. It looks like, finally, I'll win once and then we'll see what happens.
          Cornell University
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          • #50
            Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

            Originally posted by SJHovey View Post
            It has nothing to do with what the heirs deserve or don't deserve. They deserve and are entitled to nothing.

            What it does have to do with is a person's right to dispose of his or her wealth as they see fit. It's their money. If you work hard, if you save hard, if you invest wisely, why does the government just get to take it away when you die.

            Most arguments like yours are colored by jealousy of the heir, since no one ever seems to object if the obscenely wealthy decide to do something with their money for a so-called "good cause."
            You don't want to pay taxes move to a country where you don't have to pay taxes. You don't get to grift here. I know Republicans have given plutes everything they've ever desired (23 trillion since Reagan swept in stupidity) but it has to end or we're all just going to die.
            **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

            Originally Posted by dropthatpuck-Scooby's a lost cause.
            Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

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            • #51
              Originally posted by SJHovey View Post
              It has nothing to do with what the heirs deserve or don't deserve. They deserve and are entitled to nothing.

              What it does have to do with is a person's right to dispose of his or her wealth as they see fit. It's their money. If you work hard, if you save hard, if you invest wisely, why does the government just get to take it away when you die.

              Most arguments like yours are colored by jealousy of the heir, since no one ever seems to object if the obscenely wealthy decide to do something with their money for a so-called "good cause."
              Don’t dead people need the money less than living people? Government costs what it costs and it has to be funded from someplace.
              Originally posted by BobbyBrady
              Crosby probably wouldn't even be on BC's top two lines next year

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              • #52
                Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                Not government, society.
                Code:
                As of 9/21/10:         As of 9/13/10:
                College Hockey 6       College Football 0
                BTHC 4                 WCHA FC:  1
                Originally posted by SanTropez
                May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                Originally posted by bigblue_dl
                I don't even know how to classify magic vagina smoke babies..
                Originally posted by Kepler
                When the giraffes start building radio telescopes they can join too.
                He's probably going to be a superstar but that man has more baggage than North West

                Comment


                • #53
                  Originally posted by dxmnkd316 View Post
                  Not government, society.
                  The vagina lottery! Some of the dumbest people on earth have things purely from whose vag they fell out of

                  Comment


                  • #54
                    Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                    Originally posted by SJHovey View Post
                    What it does have to do with is a person's right to dispose of his or her wealth as they see fit. It's their money. If you work hard, if you save hard, if you invest wisely, why does the government just get to take it away when you die.
                    Who the fluck is advocating for waiting until they die?

                    Comment


                    • #55
                      Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                      Originally posted by Deutsche Gopher Fan View Post
                      The vagina lottery! Some of the dumbest people on earth have things purely from whose vag they fell out of
                      I remember years ago, Old Pio clutching his pearls when ticapnews made this same argument, using almost the exact same wording.

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                      • #56
                        Originally posted by FadeToBlack&Gold View Post
                        I remember years ago, Old Pio clutching his pearls when ticapnews made this same argument, using almost the exact same wording.
                        I gave them more credit. I said they crawled out of the vagina, not fell.

                        Bob Iger is stepping down as CEO of Disney and will be replaced by Bob Chapek, the executive in charge of theme parks.

                        The Disney stock dropped more than 5% today.

                        Comment


                        • #57
                          Originally posted by SJHovey View Post
                          It has nothing to do with what the heirs deserve or don't deserve. They deserve and are entitled to nothing.

                          What it does have to do with is a person's right to dispose of his or her wealth as they see fit. It's their money. If you work hard, if you save hard, if you invest wisely, why does the government just get to take it away when you die.

                          Most arguments like yours are colored by jealousy of the heir, since no one ever seems to object if the obscenely wealthy decide to do something with their money for a so-called "good cause."
                          Originally posted by “Thomas Jefferson”
                          A power to dispose of estates for ever is manifestly absurd. The earth and the fulness of it belongs to every generation, and the preceding one can have no right to bind it up from posterity. Such extension of property is quite unnatural
                          Originally posted by “Adam Smith”
                          There is no point more difficult to account for than the right we conceive men to have to dispose of their goods after death
                          Unlimited wealth transfer to future generations will result in what amounts to royalty. The rest of us will be serifs
                          Last edited by BassAle; 02-25-2020, 06:39 PM.

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                          • #58
                            Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                            So, once again, we don't eat the rich. We *compost* the rich.
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                            • #59
                              Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                              Originally posted by ticapnews View Post
                              I gave them more credit. I said they crawled out of the vagina, not fell.

                              Bob Iger is stepping down as CEO of Disney and will be replaced by Bob Chapek, the executive in charge of theme parks.

                              The Disney stock dropped more than 5% today.
                              The whole stock market dropped today by nearly 4%.
                              Code:
                              As of 9/21/10:         As of 9/13/10:
                              College Hockey 6       College Football 0
                              BTHC 4                 WCHA FC:  1
                              Originally posted by SanTropez
                              May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                              Originally posted by bigblue_dl
                              I don't even know how to classify magic vagina smoke babies..
                              Originally posted by Kepler
                              When the giraffes start building radio telescopes they can join too.
                              He's probably going to be a superstar but that man has more baggage than North West

                              Comment


                              • #60
                                Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

                                Originally posted by ticapnews View Post
                                Bob Iger is stepping down as CEO of Disney and will be replaced by Bob Chapek, the executive in charge of theme parks.
                                That was Tom's plan in Succession.
                                Cornell University
                                National Champion 1967, 1970
                                ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                                Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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