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http://mashable.com/2013/03/02/wealth-inequality/
Viral Video Shows the Extent of U.S. Wealth Inequality
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Listening to Woody Guthrie's "Dust Bowl Ballads" this morning.

Some of the lyrics are as fitting today as they were then.

Now as I look around, it's mighty plain to see
This world is such a great and a funny place to be;
Oh, the gamblin' man is rich an' the workin' man is poor,
And I ain't got no home in this world anymore.


--Woody Guthrie, "Ain't Got No Home"
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The legislative libs in my state are doing everything they can this month to come up with more taxes as they want more expenses. Room & meals taxes up, sales taxes on soda, sales taxes back on clothing over $110, more cig taxes.

They were actually raising taxes faster than their ability to come up with ways to spend it, so far. The Wealth inequality will be even worse.

So how do you make wealth equal anyway?
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"So how do you make wealth equal anyway? "

Ask the impossible question of the century, why don't you. Maybe it will keep the libs mind churning on this one.
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So how do you make wealth equal anyway?
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How? You devalue the dollar by giving away money to unproductive people. People with earned wealth are harmed. People who contribute nothing live the same subsistence lifestyle as always.

Mark
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"How? You devalue the dollar by giving away money to unproductive people. People with earned wealth are harmed. People who contribute nothing live the same subsistence lifestyle as always.

Mark "

Could never work.
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So how do you make wealth equal anyway?

You could ask Sweden, Norway or Denmark.

Heck, you could ask Sudan since they are more equal than the good ol' US of A,

New Zealand, Bosnia . . . there's lots of places to ask.
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You could ask Sweden, Norway or Denmark.

Heck, you could ask Sudan since they are more equal than the good ol' US of A,

New Zealand, Bosnia . . . there's lots of places to ask.
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Okay so sounds like white countries are doing a better job? If we work hard we can get to the lofty standard of living in Bosnia and Sudan.

Mark
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So how do you make wealth equal anyway?

Wanting less inequality is not the same as wanting to "make wealth equal."

To reduce inequality, we could do a number of things such as increasing estate taxes; adding a couplefew higher tax brackets for incomes in the millions; allowing only the first, say, million bucks per employee compensation to be tax-deductible to a company (including all benefits such as deferred compensation and stock options); implementing universal health care such as the French or Swiss systems; reinstating sensible financial regulations like Glass-Steagle.

While I'm wishing, I'd love to get more of those 6% CDs I bought just a few years ago which have all now expired!
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To reduce inequality, we could do a number of things such as increasing estate taxes; adding a couplefew higher tax brackets for incomes in the millions; allowing only the first, say, million bucks per employee compensation to be tax-deductible to a company (including all benefits such as deferred compensation and stock options); implementing universal health care such as the French or Swiss systems; reinstating sensible financial regulations like Glass-Steagle.
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Attacking income inequality is IMO, a tool used by demagogues to placate the liberal constituency and take their focus off the awesome failures that policy after policy has been, and how they all fall apart over time.

That is why we see class warfare now

THe only argument that we have seen for expanding the economy, the only tool that does any actual good over time, is two fold from the liberal establishment

Firstly to increase targeted investment by government
Secondly, to increase funding for education to create a 21st century workforce.

Other than the abject failure of government to help via the above endeavors, well they will be fully engaged this time, so as we all know this time it will be different.

Taking money away from the folks who have figured out how to earn it, make no real sense. Unless your goal is to give stuff away. Leaving money with the folks that people want to give money to, is the way to expand an economy. Create more good stuff

Government has an abysmal record in doing this.

What have we seen recently regarding sensible regulation? Well everything done has favored large megacorp versus everyone else. The large megacorp benefits were all implemented by liberal Democrats, who also gave massive amounts to miscreants as well as placed them all over government

Repeating recipes for disaster and demanding we do more, is just dumb.

It is not nearly as insane as the morons laughing at people noticing out policies are leading us to a blind alley(I know that is not you, but what a putz the LOLOLOLOL fool is), but it is still a bad path to tread.

We do need rules, we need rules enforced, those rules do have to be good rules, on that we agree. What I see is we need a lot less rules, a lot less folks enforcing them and certainly a lot less centralized planning.

We need growth, we need an expanding economy. Government is not the way to create that. Once we have a thriving economy, then start putting in all the things that we see failing now that were all instituted when we were growing and so did not blow up right away.

Right now we have to modify all the insanity holding us back, and as any sane organization does cut back to core functionality and allow our people the greatest amount of freedom to seed creative endeavors at all levels of society to take us forward.

More government, less money in the hands of those that created success, the punishment of those people by not allowing them to create the legacy they desire by taking away their wealth when they pass, are all bad ideas. Government needs to be the referee not a played, and you want them as not only a player but the star of the team. You could not be more wrong as far as a path to success goes.
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Wanting less inequality is not the same as wanting to "make wealth equal."

To reduce inequality, we could do a number of things such as increasing estate taxes; adding a couplefew higher tax brackets for incomes in the millions; allowing only the first, say, million bucks per employee compensation to be tax-deductible to a company (including all benefits such as deferred compensation and stock options); implementing universal health care such as the French or Swiss systems; reinstating sensible financial regulations like Glass-Steagle.

While I'm wishing, I'd love to get more of those 6% CDs I bought just a few years ago which have all now expired!
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I guess with your definition, that would be true.

With your mechanisms cited above, you effectively limit wealth by transferring a larger portion of it to the government. Good job. Now I gather you have a grand plan to redistribute this wealth to the bottom layers?
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