Current Events > 400 wealthiest Americans have almost 20% of US GDP

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Bananana 05/06/21 9:50:59 AM #1:	man, it will be so sick when this starts to trickle down source paper: https://gabriel-zucman.eu/files/SaezZucman2020JEP.pdf --- http://error1355.com/ce/Bananana.html <cite>Bananana posted [p:953616385] in 400 wealth... [t:79444287]...</cite> <quote> man, it will be so sick when this starts to trickle down source paper: https://gabriel-zucman.eu/files/SaezZucman2020JEP.pdf </quote> ... Copied to Clipboard!
Southernfatman 05/06/21 9:51:55 AM #2:	You can't complain about this cause that's SOCIALISM!. Be a good little drone for your rich overlords. --- https://imgur.com/hslUvRN When I sin I sin real good. <cite>Southernfatman posted [p:953616410] in 400 wealth... [t:79444287]...</cite> <quote>You can't complain about this cause that's SOCIALISM!. Be a good little drone for your rich overlords. </quote> ... Copied to Clipboard!
Xavier_On_High 05/06/21 9:53:07 AM #3:	Hey, they earned it okay? --- http://25.media.tumblr.com/tumblr_ltnafhjcUz1qmxswbo1_500.gif <cite>Xavier_On_High posted [p:953616442] in 400 wealth... [t:79444287]...</cite> <quote>Hey, they earned it okay? </quote> ... Copied to Clipboard!
bluezero 05/06/21 10:05:30 AM #4:	'Murica --- https://imgur.com/hBtvVNu <cite>bluezero posted [p:953616784] in 400 wealth... [t:79444287]...</cite> <quote>'Murica </quote> ... Copied to Clipboard!
Jagr_68 05/06/21 10:06:33 AM #5:	400 out of something something half a billion dat ratio --- New York Rangers [2004-2008] https://media.giphy.com/media/WvQHBYW0q4TuxdAg61/giphy.gif https://psnprofiles.com/Jaromiroquai68 <cite>Jagr_68 posted [p:953616811] in 400 wealth... [t:79444287]...</cite> <quote>400 out of something something half a billion dat ratio </quote> ... Copied to Clipboard!
legendary_zell 05/06/21 10:26:40 AM #6:	Even noticing that this is happening means you are a jealous lazy bum who is insufficiently grateful for the blessed job creators. --- I gotta be righteous, I gotta be me, I gotta be conscious, I gotta be free, I gotta be able, I gotta attack, I gotta be stable, I gotta be black. <cite>legendary_zell posted [p:953617346] in 400 wealth... [t:79444287]...</cite> <quote>Even noticing that this is happening means you are a jealous lazy bum who is insufficiently grateful for the blessed job creators. </quote> ... Copied to Clipboard!
Questionmarktarius 05/06/21 10:32:46 AM #7:	What you think you're seeing: What you're actually seeing: <cite>Questionmarktarius posted [p:953617525] in 400 wealth... [t:79444287]...</cite> <quote>What you think you're seeing: What you're actually seeing: </quote> ... Copied to Clipboard!
ScazarMeltex 05/06/21 1:06:56 PM #8:	I'm totally sure that they somehow mananged to earn that. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:953622786] in 400 wealth... [t:79444287]...</cite> <quote>I'm totally sure that they somehow mananged to earn that. </quote> ... Copied to Clipboard!
Dakimakura 05/06/21 1:14:05 PM #9:	#1 issue in America (pandemic / other natural disasters aside) should be how to actually get the billionaires to pay taxes instead of just using loopholes. Then having a system that solely relies on the people struggling to get by to pay all the taxes. Other than environmental issues (such as banning cryptocurrency), I do not care about any other political issue. --- https://imgur.com/ca2qBa1 ^My wife <cite>Dakimakura posted [p:953623047] in 400 wealth... [t:79444287]...</cite> <quote>#1 issue in America (pandemic / other natural disasters aside) should be how to actually get the billionaires to pay taxes instead of just using loopholes. Then having a system that solely relies on the people struggling to get by to pay all the taxes. Other than environmental issues (such as banning cryptocurrency), I do not care about any other political issue. </quote> ... Copied to Clipboard!
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Damn_Underscore 05/06/21 1:17:52 PM #11:	Questionmarktarius posted... What you think you're seeing: What you're actually seeing: There is no point in posting this, many people have said this before and no one ever listens --- She used to look good to me, but now I find her <cite>Damn_Underscore posted [p:953623184] in 400 wealth... [t:79444287]...</cite> <quote>Questionmarktarius posted... </cite> <quote>What you think you're seeing: What you're actually seeing: </quote> There is no point in posting this, many people have said this before and no one ever listens </quote> ... Copied to Clipboard!
Krojen 05/06/21 1:22:00 PM #12:	It's both. They borrow against their stock portfolio to buy their gold coin swimming pools. More tax efficient. --- https://imgur.com/hI4hAMb <cite>Krojen posted [p:953623338] in 400 wealth... [t:79444287]...</cite> <quote>It's both. They borrow against their stock portfolio to buy their gold coin swimming pools. More tax efficient. </quote> ... Copied to Clipboard!
Squall28 05/06/21 1:33:22 PM #13:	Dakimakura posted... #1 issue in America (pandemic / other natural disasters aside) should be how to actually get the billionaires to pay taxes instead of just using loopholes. Then having a system that solely relies on the people struggling to get by to pay all the taxes. Other than environmental issues (such as banning cryptocurrency), I do not care about any other political issue. Top issues are healthcare and environment. You being mad at rich people isn't an issue. --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:953623716] in 400 wealth... [t:79444287]...</cite> <quote>Dakimakura posted... </cite> <quote>#1 issue in America (pandemic / other natural disasters aside) should be how to actually get the billionaires to pay taxes instead of just using loopholes. Then having a system that solely relies on the people struggling to get by to pay all the taxes. Other than environmental issues (such as banning cryptocurrency), I do not care about any other political issue.</quote> Top issues are healthcare and environment. You being mad at rich people isn't an issue. </quote> ... Copied to Clipboard!
Southernfatman 05/06/21 1:41:52 PM #14:	Squall28 posted... Top issues are healthcare and environment. You being mad at rich people isn't an issue. Both issues can be helped via more tax money by closing loopholes and such that the rich abuse. Never understood why wanting the rich to stop avoiding taxes is "being mad at them". --- https://imgur.com/hslUvRN When I sin I sin real good. <cite>Southernfatman posted [p:953623987] in 400 wealth... [t:79444287]...</cite> <quote>Squall28 posted... </cite> <quote>Top issues are healthcare and environment. You being mad at rich people isn't an issue.</quote> Both issues can be helped via more tax money by closing loopholes and such that the rich abuse. Never understood why wanting the rich to stop avoiding taxes is "being mad at them". </quote> ... Copied to Clipboard!
Squall28 05/06/21 1:46:16 PM #15:	Southernfatman posted... Both issues can be helped via more tax money by closing loopholes and such that the rich abuse. Never understood why wanting the rich to stop avoiding taxes is "being mad at them". Sure. You can tax them more to solve a problem. But taxing them shouldn't be the goal. It's a tool you can use to fix a real problem. --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:953624123] in 400 wealth... [t:79444287]...</cite> <quote>Southernfatman posted... </cite> <quote>Both issues can be helped via more tax money by closing loopholes and such that the rich abuse. Never understood why wanting the rich to stop avoiding taxes is "being mad at them".</quote> Sure. You can tax them more to solve a problem. But taxing them shouldn't be the goal. It's a tool you can use to fix a real problem. </quote> ... Copied to Clipboard!
Damn_Underscore 05/06/21 1:52:22 PM #16:	I read that according to Janet Yellen, if tax aversion by very rich people was cracked down on, the tax revenue could increase by $10 trillion or in a decade or something like that. If that is true, then I dont see why most people wouldnt be all for it. Great way of being able to pay for stuff without having to increase taxes. --- She used to look good to me, but now I find her <cite>Damn_Underscore posted [p:953624337] in 400 wealth... [t:79444287]...</cite> <quote>I read that according to Janet Yellen, if tax aversion by very rich people was cracked down on, the tax revenue could increase by $10 trillion or in a decade or something like that. If that is true, then I dont see why most people wouldnt be all for it. Great way of being able to pay for stuff without having to increase taxes. </quote> ... Copied to Clipboard!
The Trent 05/06/21 1:52:56 PM #17:	"i made money off of doge which is good but they made money off of amazon which is bad" --- i swear to God most of y'all cats just don't know The Trent you barely know yourself so i guess most of y'all should be offended <cite>The Trent posted [p:953624359] in 400 wealth... [t:79444287]...</cite> <quote>"i made money off of doge which is good but they made money off of amazon which is bad" </quote> ... Copied to Clipboard!
hockeybub89 05/06/21 1:53:42 PM #18:	Yeah but I heard Jeff Bezos is basically lower middle class if you only count his liquid assets. --- http://card.psnprofiles.com/1/NIR_Hockey.png http://www.last.fm/user/hockeybub89/ <cite>hockeybub89 posted [p:953624389] in 400 wealth... [t:79444287]...</cite> <quote>Yeah but I heard Jeff Bezos is basically lower middle class if you only count his liquid assets. </quote> ... Copied to Clipboard!
Damn_Underscore 05/06/21 1:54:48 PM #19:	The Trent posted... "i made money off of doge which is good but they made money off of amazon which is bad" A lot of people on financial market reddit literally have this mentality, its such an awful community. --- She used to look good to me, but now I find her <cite>Damn_Underscore posted [p:953624424] in 400 wealth... [t:79444287]...</cite> <quote>The Trent posted... </cite> <quote>"i made money off of doge which is good but they made money off of amazon which is bad"</quote> A lot of people on financial market reddit literally have this mentality, its such an awful community. </quote> ... Copied to Clipboard!
Dakimakura 05/06/21 1:56:16 PM #20:	There is a difference between subsidizing your savings through investments and having so much money and tax evasion knowledge that you never have to share it with the people dying on the streets. --- https://imgur.com/ca2qBa1 ^My wife <cite>Dakimakura posted [p:953624462] in 400 wealth... [t:79444287]...</cite> <quote>There is a difference between subsidizing your savings through investments and having so much money and tax evasion knowledge that you never have to share it with the people dying on the streets. </quote> ... Copied to Clipboard!
Damn_Underscore 05/06/21 1:57:30 PM #22:	hockeybub89 posted... Yeah but I heard Jeff Bezos is basically lower middle class if you only count his liquid assets. In reality the fact that theres a difference between liquid wealth and net worth makes headlines like this misleading. Being misleading is bad. --- She used to look good to me, but now I find her <cite>Damn_Underscore posted [p:953624501] in 400 wealth... [t:79444287]...</cite> <quote>hockeybub89 posted... </cite> <quote>Yeah but I heard Jeff Bezos is basically lower middle class if you only count his liquid assets.</quote> In reality the fact that theres a difference between liquid wealth and net worth makes headlines like this misleading. Being misleading is bad. </quote> ... Copied to Clipboard!
voldothegr8 05/06/21 1:58:05 PM #23:	How many jobs are provided by these 400 super wealthy Americans? --- Oda break tracker 2021- 2 (3) \| THE Ohio State: 7-1 \| Las Vegas Raiders: 8-8 <cite>voldothegr8 posted [p:953624524] in 400 wealth... [t:79444287]...</cite> <quote>How many jobs are provided by these 400 super wealthy Americans?</quote> ... Copied to Clipboard!
The Trent 05/06/21 1:58:57 PM #24:	voldothegr8 posted... How many jobs are provided by these 400 super wealthy Americans? we don't want their jobs we want their money --- i swear to God most of y'all cats just don't know The Trent you barely know yourself so i guess most of y'all should be offended <cite>The Trent posted [p:953624551] in 400 wealth... [t:79444287]...</cite> <quote>voldothegr8 posted... </cite> <quote>How many jobs are provided by these 400 super wealthy Americans?</quote> we don't want their jobs we want their money </quote> ... Copied to Clipboard!
Krojen 05/06/21 5:02:26 PM #25:	Damn_Underscore posted... In reality the fact that theres a difference between liquid wealth and net worth makes headlines like this misleading. Being misleading is bad. Its also misleading to leave out that they dont have to liquidate their wealth to use it for purchasing power. Never mind the political power it gives them. --- https://imgur.com/hI4hAMb <cite>Krojen posted [p:953630775] in 400 wealth... [t:79444287]...</cite> <quote>Damn_Underscore posted... </cite> <quote>In reality the fact that theres a difference between liquid wealth and net worth makes headlines like this misleading. Being misleading is bad.</quote>Its also misleading to leave out that they dont have to liquidate their wealth to use it for purchasing power. Never mind the political power it gives them. </quote> ... Copied to Clipboard!
TheGoldenEel 05/06/21 5:06:41 PM #26:	Questionmarktarius posted... What you think you're seeing: What you're actually seeing: Yeah my dude we know that money is numbers, thanks --- BLACK LIVES MATTER Games: http://backloggery.com/wrldindstries302 \\ Music: http://www.last.fm/user/DrMorberg/ <cite>TheGoldenEel posted [p:953630906] in 400 wealth... [t:79444287]...</cite> <quote>Questionmarktarius posted... </cite> <quote>What you think you're seeing: What you're actually seeing: </quote>Yeah my dude we know that money is numbers, thanks </quote> ... Copied to Clipboard!
Funkydog 05/06/21 5:10:40 PM #27:	Not surprising CE has people who defend mega billionaires. --- https://imgur.com/BGbZK <cite>Funkydog posted [p:953631061] in 400 wealth... [t:79444287]...</cite> <quote>Not surprising CE has people who defend mega billionaires. </quote> ... Copied to Clipboard!
hockeybub89 05/06/21 5:50:12 PM #28:	The Trent posted... we don't want their jobs we want their money Or we just more money in those jobs. People work to make money to support themselves, not just for the pleasure of being productive and making others money. Weird how people will praise a CEO for taking a tiny salary sometimes, but then flip shit when workers suggest that maybe a company's board could have taken smaller bonuses and given everyone a raise. Everyone seems to hate the rich and want to be paid more by their employer, but then half or more us throw ourselves on grenades to protect every penny of those people we were just bitching about. --- http://card.psnprofiles.com/1/NIR_Hockey.png http://www.last.fm/user/hockeybub89/ <cite>hockeybub89 posted [p:953632439] in 400 wealth... [t:79444287]...</cite> <quote>The Trent posted... </cite> <quote>we don't want their jobs we want their money</quote>Or we just more money in those jobs. People work to make money to support themselves, not just for the pleasure of being productive and making others money. Weird how people will praise a CEO for taking a tiny salary sometimes, but then flip shit when workers suggest that maybe a company's board could have taken smaller bonuses and given everyone a raise. Everyone seems to hate the rich and want to be paid more by their employer, but then half or more us throw ourselves on grenades to protect every penny of those people we were just bitching about. </quote> ... Copied to Clipboard!
Damn_Underscore 05/07/21 10:16:49 AM #29:	Funkydog posted... Not surprising CE has people who defend mega billionaires. Im not defending anyone in particular, manufacturing enemies as part of your politics is dangerous. --- She used to look good to me, but now I find her <cite>Damn_Underscore posted [p:953653662] in 400 wealth... [t:79444287]...</cite> <quote>Funkydog posted... </cite> <quote>Not surprising CE has people who defend mega billionaires.</quote> Im not defending anyone in particular, manufacturing enemies as part of your politics is dangerous. </quote> ... Copied to Clipboard!
Jiek_Fafn 05/07/21 10:19:43 AM #30:	I'm not really in any different position than when it was spread out more evenly among rich people. --- PSN: Jiek <cite>Jiek_Fafn posted [p:953653753] in 400 wealth... [t:79444287]...</cite> <quote>I'm not really in any different position than when it was spread out more evenly among rich people. </quote> ... Copied to Clipboard!
averagejoel 05/07/21 10:20:46 AM #31:	Damn_Underscore posted... Im not defending anyone in particular, manufacturing enemies as part of your politics is dangerous. there's nothing manufactured about this --- peanut butter and dick <cite>averagejoel posted [p:953653780] in 400 wealth... [t:79444287]...</cite> <quote>Damn_Underscore posted... </cite> <quote>Im not defending anyone in particular, manufacturing enemies as part of your politics is dangerous.</quote>there's nothing manufactured about this </quote> ... Copied to Clipboard!
SergeantGander 05/07/21 10:23:23 AM #32:	Damn_Underscore posted... I read that according to Janet Yellen, if tax aversion by very rich people was cracked down on, the tax revenue could increase by $10 trillion or in a decade or something like that. If that is true, then I dont see why most people wouldnt be all for it. Great way of being able to pay for stuff without having to increase taxes. Problem is the politicians that would enact that change are all funded by the billionaire class \_()_/ --- LoL IGN: MsRaffensperger ~Dennis~ <cite>SergeantGander posted [p:953653853] in 400 wealth... [t:79444287]...</cite> <quote>Damn_Underscore posted... </cite> <quote>I read that according to Janet Yellen, if tax aversion by very rich people was cracked down on, the tax revenue could increase by $10 trillion or in a decade or something like that. If that is true, then I dont see why most people wouldnt be all for it. Great way of being able to pay for stuff without having to increase taxes.</quote> Problem is the politicians that would enact that change are all funded by the billionaire class \_()_/ </quote> ... Copied to Clipboard!
RchHomieQuanChi 05/07/21 10:36:02 AM #33:	But this is perfectly reasonable and acceptable while people literally struggle to survive because.......reasons? --- I have nothing else to say <cite>RchHomieQuanChi posted [p:953654244] in 400 wealth... [t:79444287]...</cite> <quote>But this is perfectly reasonable and acceptable while people literally struggle to survive because.......reasons? </quote> ... Copied to Clipboard!
The Trent 05/07/21 10:37:08 AM #34:	RchHomieQuanChi posted... But this is perfectly reasonable and acceptable while people literally struggle to survive because.......reasons? because life is not a team sport for the most part --- i swear to God most of y'all cats just don't know The Trent you barely know yourself so i guess most of y'all should be offended <cite>The Trent posted [p:953654280] in 400 wealth... [t:79444287]...</cite> <quote>RchHomieQuanChi posted... </cite> <quote>But this is perfectly reasonable and acceptable while people literally struggle to survive because.......reasons?</quote> because life is not a team sport for the most part </quote> ... Copied to Clipboard!
Jaded_Dragon 05/07/21 10:38:28 AM #35:	JustMyOpinion posted... Late stage capitalism is coming up on us. --- The next human enlightenment is the abolishment of money. <cite>Jaded_Dragon posted [p:953654308] in 400 wealth... [t:79444287]...</cite> <quote>JustMyOpinion posted... </cite> <quote>Late stage capitalism is coming up on us.</quote> </quote> ... Copied to Clipboard!
RchHomieQuanChi 05/07/21 10:40:07 AM #36:	The Trent posted... because life is not a team sport for the most part Society is, though. --- I have nothing else to say <cite>RchHomieQuanChi posted [p:953654361] in 400 wealth... [t:79444287]...</cite> <quote>The Trent posted... </cite> <quote>because life is not a team sport for the most part</quote> Society is, though. </quote> ... Copied to Clipboard!
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Current Events > 400 wealthiest Americans have almost 20% of US GDP (+) Yeah! (+)

Current Events > 400 wealthiest Americans have almost 20% of US GDP