bill gates did not exploit anyone. mark zuckerjewthief stole facebook from the other founders.
How do you feel about the Forbes top 100 Billionaires list in regards to poverty?
- Thread starter Truth200
- Start date
system won't crash cause there's new distractions to keep it going. wars.
Fear mongering now eh?
All the system needed(IMHO) was a good crash.Now idk, so many things have to happen to right our ship, we might as well just buckle up and wait for the sh*t to hit the fan...
I'm optimistic though.
i don't give a shyt about rich ppl. fix corruption and put wall street in check and everything will be fine. or not. because once corruption is exposed in wall street it's gonna crash and it's the end of the western world.
just don't ask me for free labor in the name of volunteering. my people was already raped 400 yrs of free labor. you aint finna trick me legally to get free labor outta me. fuq outta here with that bullshyt.
stop fuqqin with low level criminals in the poor community and go get the real criminals on wall street and govt.
just don't ask me for free labor in the name of volunteering. my people was already raped 400 yrs of free labor. you aint finna trick me legally to get free labor outta me. fuq outta here with that bullshyt.
stop fuqqin with low level criminals in the poor community and go get the real criminals on wall street and govt.
Last edited:
Made up?Those tax rates do sound quite high when you're allowed to make them up
Slippery slope argument? Really?
Top federal rate is 39.6% http://taxes.about.com/od/Federal-Income-Taxes/fl/Federal-Income-Tax-Rates-for-the-Year-2014.htm
NYC state tax is 8.82% https://turbotax.intuit.com/tax-too...th-the-Highest-and-Lowest-Taxes/INF23232.html
NYC CITY tax is 3.87% http://www.tax.ny.gov/pdf/current_forms/it/nyc_tax_rate_schedule.pdf
That's 52%.... throw in sales tax, property tax etc you are skirting 60% easily depending on what you have
NYC is ranked 2nd for most billionaire in the world.... so yea, if there is a billionaire in the US, at the minimum they are subject to the ~12% tax from NYS and NYC, on top of the minimum ~18.8% federal rate. http://www.forbes.com/sites/davidmarotta/2014/05/25/capital-gains-tax-gets-more-complicated/
On average, billionaires pay about a 30% federal tax rate, which is 20x higher than the 1.5% federal tax rate paid by the poorest people in the country. http://taxfoundation.org/blog/high-...te-16-times-higher-low-income-households-2010 Even if you throw on SS and MC, which is regressive, you are still talking ~9% vs ~30% on the federal level. And of course when you multiply that by income of the various groups its clear to see who is doing the heavy lifting.
So no, I'm not making anything up... I think there are deep problems with our economic system, for sure, including our tax system. But for the millionth time, it's NOT that rich people don't pay enough taxes. Anyone who thinks that doesn't know what the fukk they are talking about.
Were those founders poor people
I want to know how Bill Gates and Mark Zuckerberg exploit poor people.
Were those founders poor people
I want to know how Bill Gates and Mark Zuckerberg exploit poor people.
<sarcasm>They exploit their workers by underpaying them</sarcasm>
mark i know he's a batch nicca. don't get fooled by the hollywood movie backed by jews to change people's perception of what he really is.Were those founders poor people
I want to know how Bill Gates and Mark Zuckerberg exploit poor people.
i don't know the situation of the other founders.
bill gates is a bytch nicca too. he has one of the best pr teams to cover his ass. ppl close to him know his ways despite his kermit lookin ass.
bill gates is probably worst person in the world
the foundation with his woman is there only for tax-pr moves. he don't really care about those african people like oprah does. but oprah would go broke trying to fix poor people's problems.
someone like bill gates if he really wanted he could get real people in govts, tech and business to change the situation in the third world overnight.
but he knows donald sterling of the tech industry.
fuq microsoft while were at it shyt too
. let's talk about their (and intel's) monopoly and anti-trust law case here and internationally. yet again the crooks in wall street give them a safe haven.
the poor people could be enjoying linux right now. but microsoft has cornered software developers with licenses on drivers
you defend crooks. you probably a crook too.
U oppress urself. U prob still use Windows on ur home comp
i respect that you can read btwn the lines and chose to come back with thatU oppress urself. U prob still use Windows on ur home comp
Axum Ezana
Driving in the fast lane
Futuristic Eskimo
All Star
at you just lumping together all the highest tax rates and claiming thats what they pay. Lets pretend a huge chunk of their income isnt from cap gains conveniently.What a joke. Find me something from somewhere stating that they the wealthy pay 60% effective tax rate other than your obviously bullshyt calculations based on very flawed assumptions.
And stop with the fukking strawman already. I am aware they pay a very large chunk of total tax receipts. My point is only that they can afford a little more.
Edit: As I dont feel like digging around for one thats more recent, according to an IRS report from 2010, the average effective tax rate after deductions and other tax breaks for households earning over $10 million was 20.7%. You're not even in the same ballpark.
Last edited:
When's this collapse going to happen that I've been hearing about the past 3 years
Its already begun.
That 30% is for the top 1% and is effective. It's in the tax foundation link.
What a joke. Find me something from somewhere stating that they the wealthy pay 60% effective tax rate other than your obviously bullshyt calculations based on very flawed assumptions.
And stop with the fukking strawman already. I am aware they pay a very large chunk of total tax receipts. My point is only that they can afford a little more.
Edit: As I dont feel like digging around for one thats more recent, according to an IRS report from 2010, the average effective tax rate after deductions and other tax breaks for households earning over $10 million was 20.7%. You're not even in the same ballpark.
Effective rate I see for households over $10M is ~23%. http://www.forbes.com/sites/janetno...re-of-nations-income-and-paid-lower-tax-rate/ And NYS/NYC taxes all income the same. So even billionaires living entirely on capital gains are paying over 40%. What's the average total effective tax rate, federal, state and local, for the average American?
And what they can afford is irrelevant. They could afford a 90% tax. The point is, what would realistically come from that tax hike given the ineffectiveness of govt as it exists today? And what's the point of a tax hike when we don't even have our priorities in order? College students spent $60B on tuition in 2012...... we spend over 10x that on the military. We could earmark ~$120B and make college free for everybody tomorrow, without raising taxes on anybody. We spend a quarter of our GDP on healthcare because it's so complicated, wasteful and prioritized around the wrong things. We could cut that down a lot and make that public too, for a small cost that everyone should share in (as everyone would use it).
You guys are not actually looking at or thinking about how to solve the problems we are facing... you are just using them as a means to rationalize demonizing what you feel is obscene wealth. But in reality the existence of that wealth is a non issue.