If you rely on a wage to survive...

[Rader]

Originally Posted by Lune [You must be logged in to view images. Log in or Register.]

...you are a laborer, and capitalism is not designed to work in your favor. Like Elon Musk said when explaining his support for socialism, it's called capitalism, not laborism.

Again, if you sell your labor to survive, you are a laborer, even if you are an orthopedic surgeon or entrepreneur.

A capitalist is someone who doesn't need to do work to survive, because they simply have a lot of money, and that money makes more money for the capitalist, by itself if he wants it to.

I think what a lot of people in this country fail to understand is that the vast majority of the ultra-wealthy in this country don't actually work, that is, they don't perform any kind of labor. They simply have money, and that money pays money-managers to grow itself, through investments, rent-seeking, ownership, etc. For every Warren Buffett or Jeff Bezos who still participates in the growth of his own capital, there are 10 capitalists living the only actual real type of free life that exists in the United States: economic freedom, freedom from reliance on the sale of labor to survive.

This is why taxation is so important. Wealth is conducive to more wealth, and the more wealth you have the more conducive it is. It's a fundamental law of economics. Taxation is a mechanism through which the government can counter this fundamental force of capitalism to make it so that our society doesn't spiral into aristocracy. And this mechanism has been broken since Reagan snuck his way into government and sabotaged it.

Taxation is not just useful, it's a fundamental, necessary fixture of free market and mixed market economics, of capitalism. Like the microbes that break down all of Earth's dead things and return their atoms to the rest of the world, taxation prevents capital from concentrating endlessly in the hands of capitalists, and returns it to the rest of the economy, and the government, when actually doing its job, is instrumental in this. Therefore, I would argue, the government's single overarching prerogative, its first and most essential duty, is to tax capitalists.

If you truly support free market economics and competitive market capitalism, you must also support the progressive taxation of capitalists.

Anyone telling you taxation is theft, is unfair, stifles competition, or whatever else, is a bad faith actor serving only the interests of capitalists at the expense of the rest of society, and should not be listened to.

I'm writing this for educational purposes because it increasingly seems that Americans who claim to support free market economics don't actually know what that means, because in a free market you're actually not supposed to have monopolies, and you're not supposed to selectively subsidize business models that rely on ultra low-wage labor that compete with similar businesses that use a higher wage model (Chick fil-A vs Burger King, Costco vs Walmart) by coercing laborers into accepting ultra low wage work out of desperation.

But most of all, in a healthy free market, you are supposed to have progressive taxation.

F taxes it is highway robbery and morally wrong and I am disgusted at your attempt to put a positive spin on such a dispicable practice

[Gatordash]

Originally Posted by Lune [You must be logged in to view images. Log in or Register.]

...you are a laborer, and capitalism is not designed to work in your favor. Like Elon Musk said when explaining his support for socialism, it's called capitalism, not laborism.

Again, if you sell your labor to survive, you are a laborer, even if you are an orthopedic surgeon or entrepreneur.

A capitalist is someone who doesn't need to do work to survive, because they simply have a lot of money, and that money makes more money for the capitalist, by itself if he wants it to.

I think what a lot of people in this country fail to understand is that the vast majority of the ultra-wealthy in this country don't actually work, that is, they don't perform any kind of labor. They simply have money, and that money pays money-managers to grow itself, through investments, rent-seeking, ownership, etc. For every Warren Buffett or Jeff Bezos who still participates in the growth of his own capital, there are 10 capitalists living the only actual real type of free life that exists in the United States: economic freedom, freedom from reliance on the sale of labor to survive.

This is why taxation is so important. Wealth is conducive to more wealth, and the more wealth you have the more conducive it is. It's a fundamental law of economics. Taxation is a mechanism through which the government can counter this fundamental force of capitalism to make it so that our society doesn't spiral into aristocracy. And this mechanism has been broken since Reagan snuck his way into government and sabotaged it.

Taxation is not just useful, it's a fundamental, necessary fixture of free market and mixed market economics, of capitalism. Like the microbes that break down all of Earth's dead things and return their atoms to the rest of the world, taxation prevents capital from concentrating endlessly in the hands of capitalists, and returns it to the rest of the economy, and the government, when actually doing its job, is instrumental in this. Therefore, I would argue, the government's single overarching prerogative, its first and most essential duty, is to tax capitalists.

If you truly support free market economics and competitive market capitalism, you must also support the progressive taxation of capitalists.

Anyone telling you taxation is theft, is unfair, stifles competition, or whatever else, is a bad faith actor serving only the interests of capitalists at the expense of the rest of society, and should not be listened to.

I'm writing this for educational purposes because it increasingly seems that Americans who claim to support free market economics don't actually know what that means, because in a free market you're actually not supposed to have monopolies, and you're not supposed to selectively subsidize business models that rely on ultra low-wage labor that compete with similar businesses that use a higher wage model (Chick fil-A vs Burger King, Costco vs Walmart) by coercing laborers into accepting ultra low wage work out of desperation.

But most of all, in a healthy free market, you are supposed to have progressive taxation.

The top 25% of earners pay 87% of total tax dollars.
The top 10% of earners pay 71% of total tax dollars.

Keep bitching about how life is unfair because you suck.

[hobart]

Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]

How many of these clients %wise are bergs, steins, witzes or *****man's?

Are 13% of your ultra wealthy clients African American, or are you exploiting Jewish Privilege as your actual business model?

What is your problem? Do you have some sort of racial or ethnic inferiority complex?

Originally Posted by unsunghero [You must be logged in to view images. Log in or Register.]

I love how all these theories about wealth creating wealth begin on the premise that the person is ultra-rich.

How did they come into all that money? You think that a poor person who all of a sudden was handed 100 million dollars is going to use that money to make money? Do you what percentage of lottery winners end up broke? Like fucking 80%

This is because becoming and especially STAYING wealthy requires a particular mindset and skill-set. Not just having a lot of money

Your jealousy is showing

I don't get what you're saying.

Ultra-rich has a technical definition which is a net worth of $100MM or more. There's 48 million people in the world who fit this definition, though many of them are sharing a single pool of money.

There are a lot more people with a much lower net worth who use their wealth to accumulate more wealth. Who is claiming otherwise?

[HalflingSpergand]

Originally Posted by Ooloo [You must be logged in to view images. Log in or Register.]

See horza here I thought we were gonna disagree on everything but you're totally right here. We literally cannot seem to have any conversations in this forum without some "god damn jews!!" guy popping up.

Jews really are unique in that people on the left and right both seem to find a way to blame them for shit

The left and right are jews

[Gwaihir]

Originally Posted by HalflingSpergand [You must be logged in to view images. Log in or Register.]

The left and right are jews

You can just see right through the walls and the floors o'er there are Sperg's house

[unsunghero]

Originally Posted by hobart [You must be logged in to view images. Log in or Register.]

I don't get what you're saying.

Ultra-rich has a technical definition which is a net worth of $100MM or more. There's 48 million people in the world who fit this definition, though many of them are sharing a single pool of money.

There are a lot more people with a much lower net worth who use their wealth to accumulate more wealth. Who is claiming otherwise?

Yes obviously with the right knowledge one can use their wealth to create wealth. I'm saying that the OP just doesn't understand the fact that, aside from being a trust fund kid or obtaining some other large inheritance, becoming rich doesn't just occur in some vacuum, or by accident, or whatever. Nor does suddenly being given wealth mean that anyone and everyone can hang onto that wealth

Look at the rates at which people who had poor fiscal sense won the lottery and then went broke, they are crazy high. Look at the rates of professional athletes with poor fiscal sense went broke after retiring and losing those million+/year salaries

Becoming poor can often be to life circumstances. STAYING poor is due to one's mindset and skillset. And the same goes for staying rich

[Topgunben]

Cuba is a shining bastion of economic prosperity. We should abandon capitalism here in the USA and switch to the superior system that the Cubans have been using.

[Botten]

Taxes feed the very things that make rich richer.

Investing money in others education gives skilled labor.

Investing into infrastructure and research gives innovative technology to make business easier.

Investing in social needs lower crime

Investing in military (the bulk of our taxes; yielding a large population of conservatives) provides protection.

All from taxation.

There is no reason why the richest country in the world can’t feed their poor or provide them healthcare and shelter.

History shows:
The Revenue Act of 1935, 49 Stat. 1014 (Aug. 30, 1935), raised federal income tax on higher income levels, by introducing the "Wealth Tax".[1] It was a progressive tax that took up to 75 percent of the highest incomes (over $1 million per year.).[2] The Congress separately also passed new taxes that were regressive, especially the Social Security tax.
Okay
It was signed into law by President Franklin D. Roosevelt over strong opposition from business, the rich, and conservatives from both parties. The 1935 Act also was popularly known at the time as the "Soak the Rich" tax.
__
It is upsetting to hear we give welfare tax breaks to big companies while hear even bigger companies avoid paying taxes all together from enabling parties in congress

[Thorgrimm]

Originally Posted by Botten [You must be logged in to view images. Log in or Register.]

Taxes feed the very things that make rich richer.

Investing money in others education gives skilled labor.

Investing into infrastructure and research gives innovative technology to make business easier.

Investing in social needs lower crime

Investing in military (the bulk of our taxes; yielding a large population of conservatives) provides protection.

All from taxation.

There is no reason why the richest country in the world can’t feed their poor or provide them healthcare and shelter.

History shows:
The Revenue Act of 1935, 49 Stat. 1014 (Aug. 30, 1935), raised federal income tax on higher income levels, by introducing the "Wealth Tax".[1] It was a progressive tax that took up to 75 percent of the highest incomes (over $1 million per year.).[2] The Congress separately also passed new taxes that were regressive, especially the Social Security tax.
Okay
It was signed into law by President Franklin D. Roosevelt over strong opposition from business, the rich, and conservatives from both parties. The 1935 Act also was popularly known at the time as the "Soak the Rich" tax.
__
It is upsetting to hear we give welfare tax breaks to big companies while hear even bigger companies avoid paying taxes all together from enabling parties in congress

The Government doesn't have any money to invest

It either prints it or taxes it

[imperiouskitten]

Originally Posted by HalflingSpergand [You must be logged in to view images. Log in or Register.]

The left and right are jews

TOO TRUE. I went on a date with a Jewish man once and he had a really really small PP. Then he refused to drop me off in front of my house in case somebody saw. Like, he was the opposite of proud of dropping off teh hottest redheaded bubble booty trap athlete boi in teh vicinity, who gets cat called by confused and un-confused males all teh time (heck i even got sexually harassed by a gaggle of high school girls around this time), preferring to appear as an incel. U might say he was left and right.

can't have our occupation leaders falling in love w military aged palestinian boys can we. its a confusing doctrine layered in cloisters to diffuse responsibility; very clever cultural configuration! Apparently our tiny PP boy aspired to be Netanyahoo over Matisyahu