| Author |
Topic:
Wealth Tax [Locked] |
Yukishiro1  Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:01am
Subject:
Wealth Tax |
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Debt payments are made to someone. All government spending goes somewhere. It doesn't just go into a black hole and disappear forever.
It pains me to admit I overestimated your intelligence.
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ineenia  Posts: 373
Registered: 2005-11-1 04:48:33
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Date Posted:
1/1/00 12:01am
Subject:
Wealth Tax |
Tych2 posted:
ineenia posted:
the just the top ten earners made about 300 billion last and our debt is about 15.5 trillion.
That doesn't seem right. The top ten earners made 30 billion in income each last year? Do you have a link for that?
I rounded from 291 billion....I suspect the actual numbers after accounting games would make up for the rounding off multiple times.
http://www.forbes.com/forbes-400/
Name Net Worth Age Residence Source
1 Bill Gates
Bill Gates
$59 B
2 Warren Buffett
Warren Buffett
$39 B
3 Larry Ellison
Larry Ellison
$33 B
4 Charles Koch
Charles Koch
$25 B
4 David Koch
David Koch
$25 B
6 Christy Walton
Christy Walton
$24.5 B
7 George Soros
George Soros
$22 B
8 Sheldon Adelson
Sheldon Adelson
$21.5 B
9 Jim Walton
Jim Walton
$21.1 B
10 Alice Walton
Alice Walton
$20.9 B
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If their stupidity didn't shelter them from the full shame of their actions,their would be alot more republican suicides.
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Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:01am
Subject:
Wealth Tax |
What a stupid idea in the OP.
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Ashmaele Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:01am
Subject:
Wealth Tax |
Brother_Tempus posted:
Yukishiro1 posted:
That may just be the
smartest thing said ... I know
Debt is lost money
Only to the debtor half wit
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I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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Tych2 Title: Obama Appointed Outpost Czar
Posts: 2,511
Registered: 2005-3-1 06:56:47
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Date Posted:
1/1/00 12:01am
Subject:
Wealth Tax |
Ineenia thats net worth not income. Slight difference.
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We have enough youth. What we need is a fountain of smart.
Drill Anwar!
Kapie
Drevid in Tanks
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Bowlartz  Title: Offical VN Tin Foil Hat Supplier
Posts: 221
Registered: 2006-1-4 19:59:15
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Date Posted:
1/1/00 12:01am
Subject:
Wealth Tax |
ineenia posted:
the just the top ten earners made about 300 billion last and our debt is about 15.5 trillion.
ineenia posted:
http://www.forbes.com/forbes-400/
Name Net Worth Age Residence Source
1 Bill Gates
Bill Gates
$59 B
2 Warren Buffett
Warren Buffett
$39 B
3 Larry Ellison
Larry Ellison
$33 B
4 Charles Koch
Charles Koch
$25 B
4 David Koch
David Koch
$25 B
6 Christy Walton
Christy Walton
$24.5 B
7 George Soros
George Soros
$22 B
8 Sheldon Adelson
Sheldon Adelson
$21.5 B
9 Jim Walton
Jim Walton
$21.1 B
10 Alice Walton
Alice Walton
$20.9 B
That is not what they made last year, that is their cumulative wealth. This list does not say what you think it says.
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where your forum mouth is...
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Lend a little to entrepreneurs around the world so
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ineenia Posts: 373
Registered: 2005-11-1 04:48:33
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Date Posted:
1/1/00 12:01am
Subject:
Wealth Tax |
Tych2 posted:
Ineenia thats net worth not income. Slight difference.
actually a big difference...I missed it completely.OOPs sorry I wasn't trying to deceive anyone.
-----signature-----
If their stupidity didn't shelter them from the full shame of their actions,their would be alot more republican suicides.
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Brother_Tempus  Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
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Date Posted:
1/1/00 12:01am
Subject:
Wealth Tax |
Yukishiro1 posted:
Debt payments are made to someone. [/quote ]
It still money not being spent on foreign or domestic policies ...
unless it is to yourself because you have monetized your debt like the US has. Once you start printing money to pay the debts you owe to yourself, you are mot far from a currency collapse
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BT is usually right - Onslaught
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Yep, BT is right - Aerlinthian
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reesescups Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
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Date Posted:
1/1/00 12:01am
Subject:
Wealth Tax |
Brother_Tempus posted:
Yukishiro1 posted:
Brother_Tempus posted:
The wealth of a country is finite. The more the government steals, the less wealth there is to invest and generate more wealth
It's like BT thinks when the government spends money it just goes into an incinerator and permanently leaves the economy. 
it does,
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Tych2 Title: Obama Appointed Outpost Czar
Posts: 2,511
Registered: 2005-3-1 06:56:47
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Date Posted:
1/1/00 12:01am
Subject:
Wealth Tax |
ineenia posted:
Tych2 posted:
Ineenia thats net worth not income. Slight difference.
actually a big difference...I missed it completely.OOPs sorry I wasn't trying to deceive anyone.
I didn't think you were. I just wasn't sure if thats what you meant is all.
-----signature-----
We have enough youth. What we need is a fountain of smart.
Drill Anwar!
Kapie
Drevid in Tanks
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