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Reply #31: wealthy keep their money in investments, i.e. corporations [View All]

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LSK Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-05 11:30 AM
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31. wealthy keep their money in investments, i.e. corporations
They dont go spend all their money. Any tax savings they get most likely goes into investments in Real Estate, Wall Street stocks, govt bonds, banks. I dont see how that money goes into the economy to help with jobs. Giving money to the middle class and the poor would help the economy much more because more of that money would be spent at stores, small businesses, etc.

So basically, do you want money funneled to Wall Street investments or do you want money funneled to stores and small businesses.

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  -"Wealthy should keep their money...they create jobs" RWer's comment mediaman007  Jun-14-05 07:36 AM   #0 
  - The distinction between personal income and a business' cash flow  aeolian   Jun-14-05 07:39 AM   #1 
  - Income tax is not the same  Pockets   Jun-14-05 11:51 AM   #43 
  - I get so sick of that.  trotsky   Jun-14-05 07:40 AM   #2 
  - That's my point, since government does much for the rich,  mediaman007   Jun-14-05 07:44 AM   #4 
     - A great way to determine who is most dependent on government:  trotsky   Jun-14-05 07:46 AM   #6 
     - I agree  FreedomAngel82   Jun-14-05 11:37 AM   #33 
  - I think this was on rush  wideopen   Jun-14-05 07:43 AM   #3 
  - Funny how  FreedomAngel82   Jun-14-05 11:38 AM   #35 
  - You are so right,  buddyhollysghost   Jun-14-05 07:45 AM   #5 
  - Didn't work for Reagan either.  charlyvi   Jun-14-05 07:47 AM   #8 
  - Nope. Things were bad then too.  buddyhollysghost   Jun-14-05 07:51 AM   #11 
     - That reminds me  FreedomAngel82   Jun-14-05 11:41 AM   #37 
        - I believe it  buddyhollysghost   Jun-14-05 12:10 PM   #45 
  - Can you imagine  FreedomAngel82   Jun-14-05 11:40 AM   #36 
  - Supply side economics.  charlyvi   Jun-14-05 07:47 AM   #7 
  - Trickle-Down Economics Works...  JHB   Jun-14-05 07:57 AM   #15 
     - Well put!  NCevilDUer   Jun-14-05 11:07 AM   #25 
     - I remember being "trickled on" in the eighties....  Ravy   Jun-14-05 11:42 AM   #38 
  - In China now days!!!  losdiablosgato   Jun-14-05 07:48 AM   #9 
  - That was the rest of the sentence as I read it too!  Lorien   Jun-14-05 11:23 AM   #27 
  - The wealthy benefit more from public 'infrastructure'  Jose Diablo   Jun-14-05 07:49 AM   #10 
  - You've got me ready to march!  mediaman007   Jun-14-05 07:52 AM   #12 
  - zzzzzzzz. zzzzzzzzz. zzzzzzzzz. zzzzzzzzzz.  Dora   Jun-14-05 11:42 AM   #40 
  - Exactl;y  ComerPerro   Jun-14-05 11:49 AM   #42 
  - Ask For Proof  ProfessorGAC   Jun-14-05 07:54 AM   #13 
  - Prof.... question for you  ElaineinIN   Jun-14-05 11:29 AM   #30 
     - Yes, There Have Been Examinations of That  ProfessorGAC   Jun-14-05 11:42 AM   #39 
        - Anecdotally  ElaineinIN   Jun-14-05 05:47 PM   #50 
  - i'll never understand why so many working folks feel compelled  KG   Jun-14-05 07:57 AM   #14 
  - and why would working people see unions as the enemy?  mediaman007   Jun-14-05 08:02 AM   #19 
     - With the education  FreedomAngel82   Jun-14-05 11:46 AM   #41 
  - Yeah, it's working so well now. (People in this country are so amazing.)  acmavm   Jun-14-05 07:59 AM   #16 
  - Lately, the wealthy have been cutting jobs & outsourcing....  Bridget Burke   Jun-14-05 08:00 AM   #17 
  - Yeah but if they are keeping their money  whosinpower   Jun-14-05 08:01 AM   #18 
  - Yep.  charlyvi   Jun-14-05 08:06 AM   #20 
  - I have news for them.  lateo   Jun-14-05 08:08 AM   #21 
  - Rich people can create jobs, so can the not so rich.  newportdadde   Jun-14-05 08:18 AM   #22 
  - "They create jobs"  HughBeaumont   Jun-14-05 08:21 AM   #23 
  - Yeah! Why aren't they doing it then?  librechik   Jun-14-05 11:26 AM   #29 
  - Amen to the 1973 reference  Dyedinthewoolliberal   Jun-14-05 12:33 PM   #47 
     - Yes you've taken a bit of a hit.  newportdadde   Jun-14-05 12:43 PM   #48 
     - 8 bucks an hour was an assload of money back then.  HughBeaumont   Jun-14-05 01:53 PM   #49 
  - wannabes  CTyankee   Jun-14-05 08:47 AM   #24 
  - Hey, sometimes these myths pay off!  NCevilDUer   Jun-14-05 11:15 AM   #26 
  - The Clinton Administration proved beyond a shadow of doubt that the GOP  Toots   Jun-14-05 11:24 AM   #28 
  - wealthy keep their money in investments, i.e. corporations  LSK   Jun-14-05 11:30 AM   #31 
  - This is Limbaugh's favorite theme  ewagner   Jun-14-05 11:33 AM   #32 
  - Yes it is. I first heard L'ball in the '80's before he was well known,  LibInTexas   Jun-14-05 12:06 PM   #44 
     - I forgot about the yacht story  ewagner   Jun-14-05 12:11 PM   #46 
  - Umm, small business creates most jobs in this country  NewJeffCT   Jun-14-05 11:38 AM   #34 
 

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