[Poll] Wealth Re-distribution?
- Thread starter Big Monkey
- Start date
I am first generation American. My parents both immigrated from Asia (Shanghai, and Hong Kong) and were piss fucking poor. They came here with no money, but busted their asses and saved money to make a better life for both me, and my sister. They literally paved the way for all their relatives (my aunts and uncles and cousins) to move here.
That was the 70s and 80s... Neither of them used welfare or any form of assistance. Both of them barely spoke English, but they learned pretty quickly. They lived in disgusting roach infested apartments to save money until they could move out.
Currently, my sister has a masters from MIT and a J.D. from some law school and is a practicing patent law attorney. She has a huge house in the suburbs of Oregon, and 2 awesome kids, and a successful husband (engineer at Intel.)
She's obviously the "star" of the family because I'm just a *lowly* cop in NYC that has his own 1 bedroom apt and a BS from RPI.
Any healthy individual that complains about things being too hard is a fucking lazy and unmotivated SACK OF SHIT... (barring extenuating and mitigating circumstances, of course) I say all of the above, not because I'm bragging, but as a way of PROVING to people that hard work and knowing how to spend your money goes a LONG, LONG way and it isn't impossible to have a good life after having started out with nothing. All of my cousins are married and have kids and apartments of their own and all of them are employed making good wages. NONE of them ever went on welfare.
People move to America for opportunity and that's what they should be looking to take advantage of. Not fucking handouts.
says the guy who probably got his job because of a hiring quota lol.
Automatic Jack
Veteran X
You don't.
Cute.
I'm going to spend my money on a nuke then.
I'll also give directions on what to do with it when I die, since I earned it and can do whatever I want with it.
And it will be distributed as directed, since it was yours earned to dictate as such. But once it is no longer yours, whoever receives your bequeathing will receive a portion of it since it was not theirs earned. Should the benefactor not be a legal adult, the entire value of their distributed amount should be preserved, and be enough to pay the expenses of the child until they come of legal age should be made available at monthly periods. When they come of age, they should receive as much as is available to pay any taxes and fees on illiquid assets for the duration the calculated liquid assets are provided for. Thus they would get the ability to live up to two decades on their inherited money, if that much was available, plus any amount to pay taxes and fees for that time. Also years for attending college full time should be appended to that; tuition, school fees, etc.
I'm not talking about stripping them down to average level income, and saying "there you go, do amazing things now". It would be everything needed to get all the way through college, and then enough to pay off taxes and whatnot of the illiquid assets acquired through the bequeathal, and on top of that the living expenses of a middle class family for up to twenty years.
Give them an opportunity to do something with it. After that, it's up to them.
At this point, I certainly hope you realize I mean liquid assets only, thus businesses, real-estate, etc would not be included. Those are the true legacy at any rate, and they shouldn't be touched, because incomes off of them are already taxed. Finally, the cutoff point where this would take place would almost certainly never touch anybody who posts on this board. On the order of many millions of dollars.
I realize that this is probably a very unpopular viewpoint, but whatever. I think it works better by not propping up people who couldn't support themselves, regardless of where they are in the income brackets. I certainly would not want to see this money going to social systems like welfare, because that would be bullshit.
Also, AJ is retarded. He completely mistook your statement about bequeathing money as to mean dictating marriage and such as well; I'm almost certain of it.
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its not cute its the truth.
Not saying you didn't pass what you needed to, but they sure make it easier for the minority to get hired during the whole process.
I believe Carnegie was right when talking about inheriting wealth, but I don't believe that the people or government should steal away the wealth.
I guess we just disagree. :|
I couldn't have said it better myself.
Yeah... sure. 1) If that was true, it's not something that I tried to take advantage of. I had no say in it and 2) I'm sure the fact that I did really well which placed me on the first 100 of the list had nothing to do with it. 3) My having all my paper and shit together (no tickets, all my work history, phone numbers, references, etc.) was irrelevant too.
You really have no idea how the hiring process works in the NYPD, do you?
edit: I'm not necessarily saying that it isn't made easier for some minorities, but I can assure you my friend, nothing had to be made easy for me. I would've gotten in easily, regardless.
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Why cant you understand that that you are infact telling a parent what they can and can not do with their money. I just can not understand how you think its any of yours (or governments) business what a family does with its money, if they want to leave it for their kids that is up to them, if they want to donate it to charity, its up to them, if they want have huge bonfire and burn it, its up to them.
You don't want to leave your kids anything fine, but you get your god damn nose out of my families business.
Heirloom jewelry, is worth monetary value some of it A LOT, maybe I should of said art work like a Picasso or a Van Gough, you know some of those are worth in excess 40 million each
then I'm leaving it all to my kids
Big Monkey
Veteran XV
He's from Canada. He eats Moose jerky. Nuff said.
There is a huge difference between normal taxes and removal of wealth, which is what you're basically proposing, so lets stop pretending otherwise and lose the drama please. Taxes pay (or are squandered in many situations) for education, roads and all the other happy government stuff we have right now. Socialism tries to level the playing field for all people by taking from the wealthy and redistributing it to whatever "plan" they come up with. Your idiotic idea is doing exactly that. Sugarcoat it all you want saying "no no it's only taking away from your kids" but at the end of the day you're taking my money that I earned away from my family above and completely beyond the current tax laws.
I couldn't care less what you believe as far as the whole earning thing. At the end of the day what happens to the money I leave to my family is up to myself, not the government and not some money grubbing douche looking for free shit. If you have issues with people inheriting money and are irresponsible with it then too bad. If you do well and have a lot of money to leave to your family I suggest you teach them how to be wise with it. How to be a smart business man etc. If you want to give your money away after you die then by all means go for it. Do not, however, expect anyone to ever agree with letting the government take their hard earned cash even post death. If some stupid idea like this ever came to fruition I would have all my money taken out in cash after I die and have a funeral pyre made with it. I'd rather burn it than let the likes of you and your kind get their hands on it.
Taxes are already paying for education and roads and you can see how well the government does with that. Mass transit is alive and well and privately owned. The government is quite bloated as it is, lets not give them more crap to fuck up please.
There is no need to add yet another tax or worse (how much did you want to take again? lol) to line the governments pockets. They're irresponsible children frankly and between them, the retards running the banks and the dummies taking out high interest home loans with zero down I honestly fear for the economic stability of this country.
I agree with you on the social programs stuff. Half the time it's abused, the other half need it. Unfortunately there is no easy fix there but I'll be damned if I'm going to pony up more cash for that broken system.
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All govts need to learn to live with less money coming in, or they need to generate the income through valuable services.
The major school districts in Delaware are having major financial troubles, mainly as a result of bad decisions. They'd actually planned their budgets based on the growth in real estate that we were having here.
DE schools are funded by property taxes. Now, I am a single homeowner with no kids and I pay for these schools. Can you imagine if only people with kids paid school taxes? They couldn't handle that, yet that's all they should need to run on.
Taxes just need to be lower for everyone, across the board. Stop dumb government spending. I propose that govt agencies be held to efficiency guidelines - about on par with what profitable private business runs at. That means, no spending 2X the going rate for office supplies, labor, and other inventory items, There's a start. Then, taxes won't be such a big deal and we won't have to plan around them with every financial move we make.
The major school districts in Delaware are having major financial troubles, mainly as a result of bad decisions. They'd actually planned their budgets based on the growth in real estate that we were having here.
DE schools are funded by property taxes. Now, I am a single homeowner with no kids and I pay for these schools. Can you imagine if only people with kids paid school taxes? They couldn't handle that, yet that's all they should need to run on.
Taxes just need to be lower for everyone, across the board. Stop dumb government spending. I propose that govt agencies be held to efficiency guidelines - about on par with what profitable private business runs at. That means, no spending 2X the going rate for office supplies, labor, and other inventory items, There's a start. Then, taxes won't be such a big deal and we won't have to plan around them with every financial move we make.
Texas is the same way and it makes me irate, not only do I not have kids but if I did you can be assured they will attend private school, at least we don't have state income tax
Whatever you say Ethnic Hire #21678. There is a hiring quota for minorities this is a fact(imaginary or real). This means without qualification that someone better suited was passed over because of the color of their skin. What this also means is that for all your "my parents" came here with nothing speech, you were still pushed ahead of someone at some point during the whole process whether you acknowledge or not. It might have been getting an interview faster...a better placement etc. etc.
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honestly, it would probably keep things a bit clearer in your head if you used the term "socialism" for the concept which it defines
Socialism
So"cial*ism\, n. [Cf. F. socialisme.] A theory or system of social reform which contemplates a complete reconstruction of society, with a more just and equitable distribution of property and labor.
Please, go ahead and get nit picky. I'm sure my definition is off enough to warrant some bashing. Whatever. That said do you agree with what Dark is saying or you just trying to get in on the usual Twar bash.