General Discussion

femrap

(13,418 posts)

40. Well, I hope you

Mon Dec 3, 2012, 02:28 PM

Dec 2012

didn't buy in on the IPO.

You get capital gains from sitting on your ass....everyone who invests in stocks, real estate, bonds, whatever, can get capital gains....just like RobMe does. It's just the passing around of papers....or digitalized papers. And the gov't says the selling of the stocks, etc. are taxed at such and such. 85% of the NYSE is traded by machines.

I don't know what you're trying to get at...but anyone who does NOTHING BUT SIT ON HIS BUTT can have capital gains and dividends. Go back to Ike's tax rates....he was a good Republican.

And Facebook's revenue comes from advertising crap not made in this country....and some services here in the US as well.

I don't use Facebook. I enjoy my privacy and see it as pretty much a waste of time. I waste enough of it here.

Did you buy some Samsung yet? Have you watched the S. Korean video 'Gangham Style?' You must have if you like Samsung. He makes fun of the rich of S. Korea.

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Five Facts About America's Pathological Wealth Distribution [View all] marmar Dec 2012 OP

They haven't been fooling me. lonestarnot Dec 2012 #1

du rec. nt xchrom Dec 2012 #2

Would we prefer the rich people in this world be Chinese? dkf Dec 2012 #3

So we should be happy with feudalism, just as long as the feudal lord shares our nationality? marmar Dec 2012 #4

+1 Johonny Dec 2012 #36

I can't believe you just said that n/t leftstreet Dec 2012 #5

I do. Jazzgirl Dec 2012 #9

Unequal distribution of wealth gives inordinate power to the few who've rigged byeya Dec 2012 #11

Unequal distribution or unequal revenue? dkf Dec 2012 #15

The article (if femrap Dec 2012 #23

Capital gains are one way you realize the revenue from selling to millions. dkf Dec 2012 #24

Well, I hope you femrap Dec 2012 #40

+1 LiberalLoner Dec 2012 #35

Dec 3, 7:47 AM EST AP IMPACT: CHINA OVERTAKING US AS GLOBAL TRADER dkf Dec 2012 #12

Oh Noes! We'll lose our national healthcare leftstreet Dec 2012 #17

Who pays the income taxes in this country? dkf Dec 2012 #26

You really should stop watching faux news... daleanime Dec 2012 #32

Actually, Ma'am, That is Not True The Magistrate Dec 2012 #33

Are you trying to pretend that the rich have paid over 93% of all taxes paid since Vincardog Dec 2012 #34

Thx for giving us the Ruling Class perspective leftstreet Dec 2012 #37

Are you kidding? That is just a run of the mill Rex Dec 2012 #42

reality, thank you dkf Puzzledtraveller Dec 2012 #6

Plutocracy is Plutocracy no matter what flag one pledges allegiance to. HughBeaumont Dec 2012 #7

Tell that to Samsung. dkf Dec 2012 #10

You buy Samsung stock... femrap Dec 2012 #27

I don't find "what about the Chinese?" arguments to be that much more compelling... Major Nikon Dec 2012 #14

I'd rather they leave. JDPriestly Dec 2012 #16

I'm willing to take that chance. sulphurdunn Dec 2012 #18

Every Time Someone Screams China. I Scream Germany. Yavin4 Dec 2012 #19

I'd gladly live femrap Dec 2012 #28

Let the rich leave Madmiddle Dec 2012 #21

+1 leftstreet Dec 2012 #41

I would prefer that our government stop underwriting the rich. LiberalAndProud Dec 2012 #22

This message was self-deleted by its author devilgrrl Dec 2012 #31

Same argument the Oligarchs used to create the Mega-Banks. Ikonoklast Dec 2012 #38

Don't forget, they do not go to jail either, ever! Dustlawyer Dec 2012 #8

It's simply a race to the bottom which ultimately benefits neither the rich or poor Major Nikon Dec 2012 #13

Corporate profits are at record highs while wages continue to fall relative to inflation. byeya Dec 2012 #20

I don't think that last line about creating a category for the magical accumulation of wealth brewens Dec 2012 #25

Emphatic K&R! Full article is well worth the read, imho - n/t coalition_unwilling Dec 2012 #29

It's nice to see such a large swath of America isn't in Wall St. raouldukelives Dec 2012 #30

"The comfort of the rich depends upon an abundant supply of the poor." Voltaire Tierra_y_Libertad Dec 2012 #39