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Old 03-05-2013, 02:31 PM
Kagatob Kagatob is offline
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Quote:
Originally Posted by vaylorie [You must be logged in to view images. Log in or Register.]
"And so, my fellow poor people: Ask not what you can do for your country – ask what your country can do for you."
- Hitchens 2013
You're a worse twister than Alarti. Your lack of knowledge about basic social economics is sickening as well, I would normally get the feeling that you are trolling with this shit but I have the feeling that you are simply a spoilt child with nothing better to do.
Try earning your own living and then we'll talk.
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Old 03-05-2013, 11:38 PM
picodefaggo picodefaggo is offline
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i would literally stake my entire savings that vaylorie is somewhere at or below poverty line (if independent). would be easiest $23 i ever made
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Old 03-05-2013, 11:55 PM
Lexical Lexical is offline
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There is nothing wrong with the top 1% of a capitalist society controlling 40% of the wealth just like there is nothing wrong with monarchies and feudal governments.
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Old 03-06-2013, 12:00 AM
Stinkum Stinkum is offline
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You are insanely insecure about your own and other people's finances. The mark of someone who is desperate trying to compensate for some kind of failure he's had in his life.
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Old 03-06-2013, 12:01 AM
Stinkum Stinkum is offline
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^ @vaylorie
  #6  
Old 03-06-2013, 12:07 AM
Lexical Lexical is offline
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Stop attacking vaylorie guys! I mean who really cares that apple's annual profits can easily pay for the US's deficit?
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Old 03-06-2013, 12:32 AM
vaylorie vaylorie is offline
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Quote:
Originally Posted by Lexical [You must be logged in to view images. Log in or Register.]
Stop attacking vaylorie guys! I mean who really cares that apple's annual profits can easily pay for the US's deficit?
Good call. I don't know what planet you live on but 2012 Revenue for apple was around $150B (net income closer to $40B) and our federal deficit last year was around $1.1T. Yes, technically you could probably take all income from the fortune 500 companies and probably pay about 1/2 or perhaps 3/4 of the US annual deficit. This is a great idea, be sure to write your congressman!
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Old 03-06-2013, 12:38 AM
vaylorie vaylorie is offline
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Quote:
Originally Posted by vaylorie [You must be logged in to view images. Log in or Register.]
Good call. I don't know what planet you live on but 2012 Revenue for apple was around $150B (net income closer to $40B) and our federal deficit last year was around $1.1T. Yes, technically you could probably take all income from the fortune 500 companies and probably pay about 1/2 or perhaps 3/4 of the US annual deficit. This is a great idea, be sure to write your congressman!
Your idea would also likely solve the wealth gap since the top 500 companies would also be worthless at that point and all the 1%'ers stocks would drop in value making everyone equally poor! I think you are on to something here...
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Old 03-06-2013, 12:52 AM
Lexical Lexical is offline
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Quote:
Originally Posted by vaylorie [You must be logged in to view images. Log in or Register.]
Good call. I don't know what planet you live on but 2012 Revenue for apple was around $150B (net income closer to $40B) and our federal deficit last year was around $1.1T. Yes, technically you could probably take all income from the fortune 500 companies and probably pay about 1/2 or perhaps 3/4 of the US annual deficit. This is a great idea, be sure to write your congressman!
hahaha, yeah, I was speaking in hyperbole, but the sad truth is this:
Take the top 500 companies that report a positive annual profit and tax it 30% and the deficit is about half gone. Don't believe me? Do the math. http://money.cnn.com/magazines/fortu...012/full_list/

A lot of these fortune 500 companies don't pay close to the 30% (most pay about 1%) they are supposed to because of the fucked corporate tax code which they lobbied for. (more sauce: http://www.ctj.org/pdf/notax2012.pdf) What is even more fucked is that this is only 500 corporations. A large portion of our spending problem would be solved if we stopped spending on these too big to fail companies, stopped giving them tax breaks and closed the tax loop holes.
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Old 03-06-2013, 12:31 AM
Lexical Lexical is offline
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In all honesty, I would agree with vaylorie if our politicians/law makers/law enforcers/regulating committees/etc. could not be so easily bought out.
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