Spaulding what do you think has been happening for the past 32 years?

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They're slice of the pie is at an all-time high because they're continuing to take pie from the bottom 90%. They had about 33% in 1982 and today they have 51%.

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This thread was actually pretty readable until this.

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How can we further incentivize billionaires? This is the question no one is asking.

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Not really. I believe that her husband may fall into the bottom of the top 10% and she naturally feels that her family should not lose a dime.

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Don't care. It's a terrible thought.

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I agree but I understand why she may feel the way she does. Most of us would if someone told us our wages would stay the same for the next 10 years.

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That really is the thing though Nas. The "American" way is to build wealth make your family better than you etc. Why in the world would you think you would talk someone into giving that up? People who make from 100K to 1M are not your issue. Cap the Buffetts, Facebook Boy, Gates and Gordon Geckos of the country if that is what you want. Tax all of it 60% over 10M.

No idea if that will work but that is what you want.

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Elections have consequences.

And one more thing as I watch this game. Basically there are minimum 33 millionaires playing in this game. Why not him them 33% over 1M per year in order to pay it back?

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Elections have consequences.

I agree. I would make it $50M.

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CSFMB: Home of the small minded

A lot of our friends are, my dr is, family members are, families in our community that donate to many causes are, people that started companies or businesses are. I don't think it'd be right if you just took their pie and gave it to somebody else.



Don't care. I think your thought is worse than terrible. Good n terrible.

The thing you continue to ignore is they've been taking the pie from someone else for years. Whenever 1 group does better it means someone else got less. At what point do you consider it to be a problem? When the top 10% gets 70% of all income and the bottom 90% is left to fight over 30%?

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This is where you and I diverge. There are a whole lot of people unwilling to get off their ass and take their bigger slice. This is where the resentment rises when a person like myself pulls their shit out of the ashes of poverty and makes it. It is not always fair to be sure but not impossible. When you describe your pie and shares of it you leave out the little societal nuances that govern whether you get a part that have nothing to do with rich people.

The pie is not some theoretical zero sum game. Just like a quota. You cannot always make something fit a percentage. There are way too many variables that affect it.

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Elections have consequences.

That has not been my experience. Some have had opportunities, some have gifts, some have had luck, some have had help, some struggled a lot to reach where they are, and some took some pretty big risks. They aren't bad people, they don't deserve animosity or scorn, they should not have it taken away from them.

I wouldn't argue whether a minimum wage increase would cause inflation or not. There are arguments made on both sides. But why would anyone be philosophically opposed to labor having higher wages?

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Do you believe in an estate tax?

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I mean, I will argue it

I'm just saying, the first step is deciding if there's a problem with things as they are with income gaps

If you think nothing is wrong, no need to discuss it


I will say I'd like to to do everything possible to make sure opportunity to work for the pie is as close to equal as possible

Because somebody earning a higher wage won't solve the problem.

I think something is wrong but I think your solution sucks.

Huh? Do you care to explain?

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I am not sure you read. I have said a page or two ago and in the past min wage thread I give a fuck raise it to $15 I do not care. I am trying to get specifically how do we distribute this pie if that is what people want. From the earlier posts the 2007 wage hike did not do it.

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Elections have consequences.

Death tax, baby!

95% of the estate!

In this humble poster's opinion, income inequality isn't as much a problem as opportunity equality. Our educational system sucks.
No matter what there's going to be a stack of people who won't do shit for themselves and will be happy to take a handout and live on LINK or whatever. That's fine. But jesus start educating our children properly (and that's not just spending more damn money) and I think you could easily see all boats rising on a rising intellectual tide.

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"Play until it hurts, then play until it hurts to not play."
http://soundcloud.com/darkside124 HOF 2013, MM Champion 2014

90% of people aren't lazy and unwilling to work. If you're not in the top 10% I doubt you would call yourself lazy. Why can't you make it fit a percentage? This has been done for a century. The percentage of income for 90% of Americans has declined from 67% in 1982 to 49%. That didn't happen because the bottom 90% are lazy. It happened because the top 10% learned how to keep more without upsetting everyone. The bottom 90% actually point fingers at one another.

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Minimum wage goes up...cost of living goes up...and suddenly the new minimum wage is again too low.

You've just furthered inflation.

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Rick Hahn is the best GM in baseball.

I see that could be a solution. I am not sure though that I agree you cannot pass wealth along to your heirs. Just a simple example if I hit the powerball and am worth 200M why shouldn't I pass that to my kids/spouse upon death? Now if you want to cap for really obscene like +500M then I can listen.

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Elections have consequences.

So now that the top 10% has taken a bigger cut of the pie from the bottom 90% they shouldn't have to give it back because they're nice people? Did the bottom 90% lose it because they were lazy assholes?

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I have no policy answers. Policy is difficult, as there are always unintended consequences. Maybe more regulation is the answer. Maybe less is the answer.

What I don't get are the blanket statements about poor (and even middle class) people being lazy and trying to take from the rich. This is especially confusing coming from people who don't work or aren't wealthy.

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I guess it depends on the estate. Say a Polish immigrants come to this country has a family leads a decent life and never buys a thing they don't need and never throws anything out because they can still use it. They save and are left with 750K when all is said and done. Should the gov get that to divide it up or the 3 kids and 8 grandkids get it? Maybe the grandkids can go to college or put a down payment on a house. It makes a difference for them because the 3 kids weren't college educated.

If you want to estate tax the hell out of somebody that is worth a billion dollars I get it. I'd rather they set up a plan or business that would actually help but whatever. The danger there is the gov will take your money and piss it away. I don't know if they'll stop til everybody, but the select few, have no money left.