Don't take offense, but (Reply #138) - Democratic Underground

In the discussion thread: So really ... what is wrong with redistributing wealth? [View all]

Response to Missycim (Reply #136)

Fri Sep 21, 2012, 10:24 AM

PowerToThePeople (9,610 posts)

138. Don't take offense, but

I will venture to guess that you will never have 10mil in assets during your lifetime. So, the point is moot.

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148 replies	Author	Time	Post
So really ... what is wrong with redistributing wealth? [View all]	chemenger	Sep 2012	OP
I can't think of a thing wrong with it.	ananda	Sep 2012	#1
I don't believe in a cap on personal wealth	gollygee	Sep 2012	#2
Why is it axiomatic that there will always be poor among us?	Duer 157099	Sep 2012	#70
There will always be people who are unable to support themselves in any way	gollygee	Sep 2012	#77
Well, it's the nature of social hierarchy.	haele	Sep 2012	#79
In any race someone will come in last.	GreenStormCloud	Sep 2012	#85
A "cap on personal wealth" would be just nuts.	Nye Bevan	Sep 2012	#3
The biggest reason is the Constitution	Major Nikon	Sep 2012	#103
yup	former-republican	Sep 2012	#107
Agree, but..	99Forever	Sep 2012	#4
Money is like manure, spread around it can help things grow	HereSince1628	Sep 2012	#5
even if that means printing more money?	awwwsheet	Sep 2012	#15
Sometimes that's necessary if money has been taken out of the economy	CJCRANE	Sep 2012	#20
but doesnt that just lower the price of the dollar making it harder to purchace things when we print	awwwsheet	Sep 2012	#21
What about the $2 trillion dollars taken out of circulation by big businesses...	kentuck	Sep 2012	#26
so if you have money you must spend it?	awwwsheet	Sep 2012	#33
You can hold on to it, if you wish...	kentuck	Sep 2012	#37
pay a fair tax on money you hold in your posession that you have already paid taxes on?	awwwsheet	Sep 2012	#41
That you paid taxes on?	kentuck	Sep 2012	#48
So in other words you think its right for the govt	Missycim	Sep 2012	#54
Nobody's being forced to spend money	theKed	Sep 2012	#110
Well if you offer tax cuts to goad people into investing then i am for it	Missycim	Sep 2012	#124
In Arkansas you've got to pay property tax on a car you already own and that is rusting away...	HereSince1628	Sep 2012	#87
Not necessarily. The crash took $2 trillion per year out of circulation in the economy.	CJCRANE	Sep 2012	#30
so when people hold onto their money we need a stimulus to replenish	awwwsheet	Sep 2012	#34
If we let the banks fail, the global economy would have collapsed	CJCRANE	Sep 2012	#42
Frankly,	theKed	Sep 2012	#112
But that might interfere with the freedom...	kentuck	Sep 2012	#129
Here you go	ChazII	Sep 2012	#50
Yes this is a good idea	Missycim	Sep 2012	#58
Funding two wars by borrowing mostly from the Chinese is what got us in this mess	HereSince1628	Sep 2012	#81
I don't think there should be a cap on personal wealth...	cynatnite	Sep 2012	#6
This is an ethical question, depends on how you feel about your fellow human beings.	Avalux	Sep 2012	#7
BBC: Is redistribution a foreign idea to the US?	pampango	Sep 2012	#8
My thoughts	PowerToThePeople	Sep 2012	#9
100% ?	Incitatus	Sep 2012	#14
yes 100%	PowerToThePeople	Sep 2012	#18
I do understand what makes you think someones property	Missycim	Sep 2012	#23
Why does there need to be a modest tax to pass it on?	awwwsheet	Sep 2012	#27
Because it is still income for the recipient	Incitatus	Sep 2012	#38
I am just saying that to be fair	Missycim	Sep 2012	#53
Why should unearned income be tax free when earned income is not? nt	dmallind	Sep 2012	#59
I agree with this surface fishing.	dmallind	Sep 2012	#55
this is true, currently	PowerToThePeople	Sep 2012	#28
Question..	Lightbulb_on	Sep 2012	#44
Wealth should be taxed on transfer, regardless of timing.	dmallind	Sep 2012	#64
So if you built up a company to support your family,	awwwsheet	Sep 2012	#25
It is not putting my children in harms way	PowerToThePeople	Sep 2012	#36
so every American citizen should start out poor and see if they can make it?	awwwsheet	Sep 2012	#43
it depends what you consider poor	PowerToThePeople	Sep 2012	#45
there are still a lot of bugs..	awwwsheet	Sep 2012	#47
Thats putting it very,very,very kindly.	Missycim	Sep 2012	#61
say it, freedom of speech.... n/t	PowerToThePeople	Sep 2012	#62
Nope, I am trying to be nice today	Missycim	Sep 2012	#65
I just want to know why you think you or the gov't is	Missycim	Sep 2012	#68
A person gained their wealth by	PowerToThePeople	Sep 2012	#86
You labor under the delusion that all wealth is ill gotten.	Missycim	Sep 2012	#126
What a load of misguided nonsense.	kentuck	Sep 2012	#131
Well aren't the	Missycim	Sep 2012	#133
"...doesn't mean you deserve all of their profits."	kentuck	Sep 2012	#140
But if the workers get half of the profits	Missycim	Sep 2012	#142
You are trying to go against evolution. Nature will win, you won't.	GreenStormCloud	Sep 2012	#91
Society and civilization go against evolution	Kindly Refrain	Sep 2012	#135
Society and civilization do NOT go against evolution.	GreenStormCloud	Sep 2012	#137
If that is the case	PowerToThePeople	Sep 2012	#141
I previously stated that there are individual exceptions.	GreenStormCloud	Sep 2012	#144
if you try to enslave a population of over 300,000,000	PowerToThePeople	Sep 2012	#148
So, let me get this straight...	virginia mountainman	Sep 2012	#116
that is a good point	PowerToThePeople	Sep 2012	#117
Good!	virginia mountainman	Sep 2012	#119
also, if you read my post	PowerToThePeople	Sep 2012	#118
Yes but...	virginia mountainman	Sep 2012	#120
It's actually a good thing.	moondust	Sep 2012	#10
What you described isn't redistribution. It's confiscation by government.	slackmaster	Sep 2012	#11
+10000	Missycim	Sep 2012	#24
+1,000,000	awwwsheet	Sep 2012	#29
+100	ChazII	Sep 2012	#82
Going by your INITIAL logic the government will NEVER go after the non wealthy...this statement	uponit7771	Sep 2012	#83
+100. A Libertarian friend put it in the form of a question:	Skip Intro	Sep 2012	#94
This message was self-deleted by its author	Skip Intro	Sep 2012	#95
The power	tama	Sep 2012	#132
thank you	SmileyRose	Sep 2012	#106
Greed IS human nature. It's the truth.	randome	Sep 2012	#12
+1000	Risen Demon	Sep 2012	#102
Two wolves	tama	Sep 2012	#128
If it were not for the administrative nightmares . . . .	abumbyanyothername	Sep 2012	#13
the only problem I can see is that	awwwsheet	Sep 2012	#16
That's a separate issue...	CJCRANE	Sep 2012	#22
right but those people are only taking money from their relative who left it for them.	awwwsheet	Sep 2012	#32
That's	theKed	Sep 2012	#115
The "free market" tends to redistribute wealth	Ron Green	Sep 2012	#17
I think this is an excellent topic...	kentuck	Sep 2012	#19
The people with it don't want it redistributed. n/t	porphyrian	Sep 2012	#31
Yes, if we look at the middle class...	kentuck	Sep 2012	#35
That's not my position, that's the position of many of the wealthy.	porphyrian	Sep 2012	#89
well thats common sense	awwwsheet	Sep 2012	#39
And the people who who have a bunch of it don't want to share it at all. n/t	porphyrian	Sep 2012	#90
Nothing, It's actually very beneficial to the wealthy to redistribute wealth through taxes -	haele	Sep 2012	#40
The problem with redistribution of wealth is it needs to be reversed.	hay rick	Sep 2012	#46
Morons only think in one direction...	kentuck	Sep 2012	#51
I think it's the language as opposed to the actual concept	loyalsister	Sep 2012	#49
Government doesn't necessarily have to take all of it.	Cleita	Sep 2012	#52
Lots of "new" posters on board with this thread	PowerToThePeople	Sep 2012	#56
You aint ringing up the post count either,	Missycim	Sep 2012	#63
I wasn't talking about you, but	PowerToThePeople	Sep 2012	#66
Ok sorry but I really dislike	Missycim	Sep 2012	#69
We redistribute wealth in the extreme, but most of it goes TO people like Romney.	Marr	Sep 2012	#57
If there aren't enough jobs to go around, giving people money is a moral imperative!	reformist2	Sep 2012	#60
in the rich's eyes	JesterCS	Sep 2012	#67
American culture has a very narrow circle of moral outreach - always has.	ehrnst	Sep 2012	#71
Collecting great wealth is anti-social	rock	Sep 2012	#72
To answer your question, it's what all governments do.	JackRiddler	Sep 2012	#73
I Don't Believe in Caps on Personal Income	Yavin4	Sep 2012	#74
Depends on how you do it.	dmallind	Sep 2012	#75
Thom Hartmann's limit is one billion $ cap.	ErikJ	Sep 2012	#76
Goodbye NFL, NBA etc.	One_Life_To_Give	Sep 2012	#78
Most of them are NOT in the 1%, that's how bad the knowledge of income in the US is....	uponit7771	Sep 2012	#84
What do you believe the income threshold is	SickOfTheOnePct	Sep 2012	#111
$770,000/yr is not in the 1%?	One_Life_To_Give	Sep 2012	#134
What I don't know is ...	chemenger	Sep 2012	#80
Very little personal wealth is in cash accounts.	GreenStormCloud	Sep 2012	#88
Nothing, an economy exists to distribute resource. If there is no movement then the economy fails.	TheKentuckian	Sep 2012	#92
Well ideally I'd like to see capitalism itself abolished, but in the short term...	white_wolf	Sep 2012	#93
So the government would confiscate anyones money that has liquid over 1 million ?	former-republican	Sep 2012	#96
We already tax people, this would just be an extension of that.	white_wolf	Sep 2012	#97
Revamping the tax code would be a start	former-republican	Sep 2012	#99
And also remember	former-republican	Sep 2012	#100
I'm not trusting the "same" people to do anything.	white_wolf	Sep 2012	#104
Modern revolutions never end well	former-republican	Sep 2012	#105
I haven't actually proposed revolution in the sense of violent overthrow.	white_wolf	Sep 2012	#108
It won't be in our lifetime or your children's but I believe	former-republican	Sep 2012	#114
Goodbye Clooney, Tom Hanks, Stephen King, John Kerry....	Zax2me	Sep 2012	#98
''So really ... what is wrong with redistributing wealth?''	DeSwiss	Sep 2012	#101
You can go back to Native Americans	former-republican	Sep 2012	#109
Another ancient Indian proverb says:	DeSwiss	Sep 2012	#121
Depends on whos wealth it is.	L0oniX	Sep 2012	#113
I think it is all about recirculation	gulliver	Sep 2012	#122
If the goal is to raise revenue for those things you outlined	hughee99	Sep 2012	#123
Yikes!!!	greytdemocrat	Sep 2012	#125
The whole frame is misleading	tama	Sep 2012	#127
If the horses don't poop, the sparrows don't eat...	kentuck	Sep 2012	#130
So whats to stop someone from making up to 10mil and	Missycim	Sep 2012	#136
Don't take offense, but	PowerToThePeople	Sep 2012	#138
no offence taken,	Missycim	Sep 2012	#139
I was not	PowerToThePeople	Sep 2012	#143
oops my bad :D	Missycim	Sep 2012	#146
Who cares?	TBF	Sep 2012	#145
Having higher taxes is similar to that.	LiberalFighter	Sep 2012	#147

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