Town Hall Login
Password:
Login
Sign Up
Skip to content
About
Contact Us
Terms of Use
Privacy Policy
The Soapbox
Board Home
All Boards
What's New
Search
More
Member List
BocaHoo91
Joined:
06/03/2005
Posts:
31135
Likes:
52631
What's this?
Everyone has the ability to taking more risk for higher returns.
Of course there's the flip side too.
Sorry not buying that the wealthy have an ability to earn higher % returns. Certainly they have a lot more money to invest.
What about the other part of my question. How would making Bezos, gates, buffet, etc less wealth be good for anyone?
(
In response to
this post
by
111Balz
)
Posted: 01/29/2019 at 7:57PM
+0
Report Abuse
PREV
NEXT
REPLY
Insert a Link
Enter the title of the link here:
Enter the full web address of the link here
-- include the "http://" part
:
Cancel
OK
75
Hide This
Current Thread:
T or F: The top 0.1% of all American's net worth almost equals the bottom
--
Lazarus
01/29/2019 3:04PM
It's probably right, but nearly half this country has ZERO net worth. I'm
--
BocaHoo91
01/29/2019 6:23PM
Check that... it's 20% that is negative or zero. $100K of net worth
--
BocaHoo91
01/29/2019 6:27PM
According to this article, true
--
Eusebia
01/29/2019 6:15PM
That doesn't sound right to me. **
--
HokieDelNorte
01/29/2019 5:30PM
Schulz running as an independent to splinter Dem votes is looking better
--
ryno hoo
01/29/2019 5:18PM
Unlikely that's how it would go
--
wahoo138
01/29/2019 6:43PM
Well something like 30 billionaires combined have more money than 3.8
--
ftwuva
01/29/2019 4:48PM
Who is the better steward of their dollars....GOVCO or the individuals who
--
Tuckahokie
01/29/2019 5:13PM
That question doesnt really make sense. if you are talking investment, how
--
ftwuva
01/29/2019 5:25PM
It seems that the method du jour to ending wealth disparity is to apply
--
Tuckahokie
01/29/2019 5:30PM
Through taxes as i understand it. i assume the money would be distributed
--
ftwuva
01/29/2019 5:42PM
Regarding your last paragraph, and at the risk of sounding like a broken
--
BocaHoo91
01/30/2019 07:15AM
I would agree. i think Sanders and Warren are pure socialists and that dog
--
ftwuva
01/30/2019 12:05PM
A wealth tax is a moronic nonsensical populist plan. True.
--
Hoodafan
01/29/2019 4:12PM
"It will likely never affect me" doesn't enter into my thinking
--
Fuzzy Dunlop
01/29/2019 4:51PM
I just don't like the idea of government making these types of judgements
--
CharlestonSC
01/29/2019 6:48PM
I’m glad that your fine paying more taxes and enabling a dysfunctional govt
--
TomKazanski
01/29/2019 5:43PM
As a guy that ideally would like a tiered flat tax with no deductions for
--
Hoodafan
01/29/2019 5:27PM
Man, if only you were this opposed to populist nationalism.
--
hoolstoptheheels
01/29/2019 6:42PM
The new standard deduction is going to eliminate most from using the
--
THECZAR
01/29/2019 5:22PM
Your property tax on your house is a wealth tax **
--
BonsackHoo
01/29/2019 4:18PM
Arguably yes, but not really the same thing at all. That impacts everyone
--
Hoodafan
01/29/2019 4:27PM
It's a tax on an asset based on a perceived value of that asset. It's
--
111Balz
01/29/2019 4:42PM
So are car and boat property taxes**
--
111Balz
01/29/2019 4:21PM
Beyond healthy limits? What does that mean?
--
Hokieesith
01/29/2019 3:40PM
I'm pretty sure you'll never have to worry about it personally. **
--
Seattle .Hoo
01/29/2019 4:16PM
You can't answer that question can you? LOL.
--
Hokieesith
01/29/2019 6:06PM
This board cracks me up... **
--
Tuckahokie
01/29/2019 5:03PM
Because class warfare! **
--
ResistHoo
01/29/2019 3:54PM
10 million a year seems to be the healthy limit...that is when the big tax
--
Tuckahokie
01/29/2019 3:49PM
Spoiler alert author inside
--
Lazarus
01/29/2019 3:43PM
They also pay for your offsprings health care
--
TomKazanski
01/29/2019 3:36PM
More proof that you don't understand how health care works **
--
111Balz
01/29/2019 4:15PM
Tommy's post is in response to Laz spiking the football years ago wrt obama
--
Folly Beach Hokie
01/29/2019 4:35PM
I think it was temporary.
--
Shenhoo
01/29/2019 5:00PM
Oh, I have heard references to that but I missed that conversation
--
111Balz
01/29/2019 4:45PM
Well that’s not a surprise but continue commenting **
--
TomKazanski
01/29/2019 5:33PM
In your case, we can all thank goodness birth control is 100% self-funded.
--
WahooRQ
01/29/2019 3:56PM
They do? Does that mean Donald & his pals will be cutting me and
--
Guy LeDouche
01/29/2019 3:39PM
The bottom 30% or so has no net wealth right? So every one of us has more
--
JohnHoo2
01/29/2019 3:24PM
But that is just part of the problem. Wealth is HIGHLY concentrated
--
111Balz
01/29/2019 3:52PM
45% of American workers invest in mutual funds...I don't think all of those
--
Tuckahokie
01/29/2019 4:10PM
Missing your point **
--
111Balz
01/29/2019 4:14PM
You stated that wealth grows from investment income...doesn't a sizeable
--
Tuckahokie
01/29/2019 5:07PM
Yes, they just don't earn as much return on their investments **
--
111Balz
01/29/2019 5:13PM
Why don't they earn as much return on their investments?
--
BocaHoo91
01/29/2019 6:16PM
The wealthier you are the more options you have to invest.
--
111Balz
01/29/2019 7:53PM
Everyone has the ability to taking more risk for higher returns.
--
BocaHoo91
01/29/2019 7:57PM
The wealthy have FAR more opportunities and can do so in a balanced manner
--
111Balz
01/30/2019 09:18AM
The wealthier are not gettting
--
BocaHoo91
01/30/2019 09:40AM
Boca, all due respect but you don't seem to be
--
111Balz
01/30/2019 09:46AM
In the context of a wealth disparity
--
BocaHoo91
01/30/2019 09:54AM
That seems like a silly question and statement. I have no idea why you
--
111Balz
01/30/2019 10:26AM
Um... your words
--
BocaHoo91
01/30/2019 10:31AM
Yes. I said those words. Just not what you said i said **
--
111Balz
01/30/2019 10:54AM
It's impossible to have an intelligible discussion with you.
--
BocaHoo91
01/30/2019 10:58AM
I'm really not sure what is wrong with you today but I have been
--
111Balz
01/30/2019 11:03AM
We are borrowing $1T a year for whom? The discussion we need to have
--
Shenhoo
01/29/2019 6:50PM
I actually don't mind that argument. I hate the argument
--
BocaHoo91
01/29/2019 7:42PM
Wealth disparity has historically been unhealthy at extreme levels
--
111Balz
01/29/2019 7:55PM
That's because historically wealth has been in land ownership
--
BocaHoo91
01/29/2019 8:08PM
The topic is whether expanding wealth gap is
--
111Balz
01/29/2019 9:54PM
Of course the expansion of the gap is because some at the top end have been
--
BocaHoo91
01/29/2019 10:05PM
Well, I would question the assertion that the vast majority of the richest
--
111Balz
01/30/2019 08:14AM
Here’s Forbes summary of the richest
--
BocaHoo91
01/30/2019 08:20AM
That point is valid. Still, I remember none other than Alan Greenspan on
--
Shenhoo
01/29/2019 9:33PM
I agree with you that if Americans are living in squalor there will be
--
BocaHoo91
01/29/2019 9:52PM
20 percent have zero net worth, right? **
--
Shenhoo
01/29/2019 9:54PM
Zero net worth = squalor?
--
BocaHoo91
01/29/2019 10:01PM
Awesome anecdote, Bro.
--
Shenhoo
01/29/2019 10:13PM
I never said that poverty wasn't a problem. And it's not really an
--
BocaHoo91
01/29/2019 10:26PM
My point was Mr. Greespan's.
--
Shenhoo
01/29/2019 10:38PM
Yeah, I didn't put a goodwill entry on my personal balance sheet for
--
BocaHoo91
01/29/2019 10:55PM
If you make $34K you are in the 1% Globally **
--
HokieDan95
01/29/2019 3:22PM
And of course $34,000 buys the exact same life in every country **
--
111Balz
01/29/2019 3:53PM
No, it buys a much better life here than in the rest of the developing
--
BocaHoo91
01/29/2019 6:31PM
Not sure where you are speaking of. everywhere is developing **
--
111Balz
01/29/2019 9:56PM
"3rd world".... although that term is not used as much anymore
--
BocaHoo91
01/30/2019 07:05AM
I know a retired couple in Puerto Vallarta who disagree rather strenuously **
--
southdenverhoo
01/29/2019 8:14PM
There are some retirement / vacation
--
BocaHoo91
01/29/2019 8:40PM
Well duh😜 **
--
111Balz
01/29/2019 7:57PM
Of course not **
--
HokieDan95
01/29/2019 5:12PM
So a global number really is not relevant except for the usual
--
111Balz
01/29/2019 5:16PM
You must log in before you can reply to this message.
Please
login
if you wish to reply.
Notice
: Trying to get property 'queue' of non-object in
/data/www/sportswar.com/wp-includes/script-loader.php
on line
2781
Warning
: Invalid argument supplied for foreach() in
/data/www/sportswar.com/wp-includes/script-loader.php
on line
2781
About
Contact Us
Terms of Use
Privacy Policy