Current Events > "Rich people donate enough. The issue is distribution"

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Veggeta_MAX 07/19/21 9:16:15 AM #1:	I remember a person telling me this when the issue of rich people being greedy and hoarding money. The person claims that rich people do in fact donate millions and millions of dollars back into society but the issue isn't that there's not enough money donated, the issue is how it's being used and distributed. Charities and government entities are not properly allocating the money in its full productivity. I wonder how true that claim is. --- I'm Veggeta X's alt <cite>Veggeta_MAX posted [p:956238742] in "Rich... [t:79572177]...</cite> <quote>I remember a person telling me this when the issue of rich people being greedy and hoarding money. The person claims that rich people do in fact donate millions and millions of dollars back into society but the issue isn't that there's not enough money donated, the issue is how it's being used and distributed. Charities and government entities are not properly allocating the money in its full productivity. I wonder how true that claim is. </quote> ... Copied to Clipboard!
WrkHrdPlayHrdr 07/19/21 9:41:35 AM #2:	There's some truth to it I would guess. We have websites dedicated to wasteful charities and that will show you a breakdown by percentage on what they spend their money on. You can see what actually goes to charity and what is used to give the people who run the charity a huge pay day. But reality is always more complicated than a "simple solution". --- "No. I'm a man so theyll get me a full size McDouble." - DuncanWii https://imgur.com/cSxy3Od <cite>WrkHrdPlayHrdr posted [p:956239331] in "Rich... [t:79572177]...</cite> <quote>There's some truth to it I would guess. We have websites dedicated to wasteful charities and that will show you a breakdown by percentage on what they spend their money on. You can see what actually goes to charity and what is used to give the people who run the charity a huge pay day. But reality is always more complicated than a "simple solution". </quote> ... Copied to Clipboard!
divot1338 07/19/21 9:55:26 AM #3:	Charity is not a valid excuse for not paying people a living wage. It just makes it more demeaning than it already was. --- Moustache twirling villian https://i.imgur.com/U3lt3H4.jpg- Kerbey <cite>divot1338 posted [p:956239676] in "Rich... [t:79572177]...</cite> <quote>Charity is not a valid excuse for not paying people a living wage. It just makes it more demeaning than it already was. </quote> ... Copied to Clipboard!
averagejoel 07/19/21 10:01:07 AM #4:	it's on the right track, but it's missing a few key components. one issue is that rich people have way too much freedom in deciding where their money goes. that is; they can donate to a charity of their choosing -- maybe even one that they themselves created -- rather than paying taxes. --- peanut butter and dick <cite>averagejoel posted [p:956239815] in "Rich... [t:79572177]...</cite> <quote>it's on the right track, but it's missing a few key components. one issue is that rich people have way too much freedom in deciding where their money goes. that is; they can donate to a charity of their choosing -- maybe even one that they themselves created -- rather than paying taxes. </quote> ... Copied to Clipboard!
Zanzenburger 07/19/21 10:05:44 AM #5:	One issue is that this creates an unnecessary, never-ending cycle. -Rich person donates money to food and housing charity -Charity feeds and houses poor families -Families are poor due to low wages paid by rich person's company -Meanwhile rich person gets tax credits from the donation that helps with profits It's an oversimplification, but if the rich person would just pay the family a decent wage, many of these charities won't be needed as there will be less people needing help As it stands, we spend so much of our collective money on charities and government social programs caused by the underemployment and under-paying of citizens and an ever-increasing cost of living. --- Congratulations! Your post was deemed response-worthy. <cite>Zanzenburger posted [p:956239930] in "Rich... [t:79572177]...</cite> <quote>One issue is that this creates an unnecessary, never-ending cycle. -Rich person donates money to food and housing charity -Charity feeds and houses poor families -Families are poor due to low wages paid by rich person's company -Meanwhile rich person gets tax credits from the donation that helps with profits It's an oversimplification, but if the rich person would just pay the family a decent wage, many of these charities won't be needed as there will be less people needing help As it stands, we spend so much of our collective money on charities and government social programs caused by the underemployment and under-paying of citizens and an ever-increasing cost of living. </quote> ... Copied to Clipboard!
Antifar 07/19/21 10:11:37 AM #6:	Consider where rich people are donating their money: Ivy League universities, charter schools, Mastercard... ( https://www.theguardian.com/commentisfree/2015/nov/03/gates-foundation-without-bill-philanthropic ) Rich people's desire to donate is not aligned with what poor people need. --- kin to all that throbs <cite>Antifar posted [p:956240094] in "Rich... [t:79572177]...</cite> <quote>Consider where rich people are donating their money: Ivy League universities, charter schools, Mastercard... ( https://www.theguardian.com/commentisfree/2015/nov/03/gates-foundation-without-bill-philanthropic ) Rich people's desire to donate is not aligned with what poor people need. </quote> ... Copied to Clipboard!
Broseph_Stalin 07/19/21 10:25:33 AM #7:	Rich people don't hoard money, they're not keeping millions of dollars under their mattress. They either invest it themselves or put it in a bank who in turn use it to invest. And since investment produces more long-term economic growth in developed nations, it's a better use of their money than buying shit like yachts and expensive cars. <cite>Broseph_Stalin posted [p:956240450] in "Rich... [t:79572177]...</cite> <quote>Rich people don't hoard money, they're not keeping millions of dollars under their mattress. They either invest it themselves or put it in a bank who in turn use it to invest. And since investment produces more long-term economic growth in developed nations, it's a better use of their money than buying shit like yachts and expensive cars. </quote> ... Copied to Clipboard!
Kaiganeer 07/19/21 10:26:14 AM #8:	distribute it right into my pocket papa elon <cite>Kaiganeer posted [p:956240470] in "Rich... [t:79572177]...</cite> <quote>distribute it right into my pocket papa elon </quote> ... Copied to Clipboard!
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RchHomieQuanChi 07/19/21 10:33:34 AM #10:	Even if it was true that rich people "donate enough money", it still means that society as a whole is at the mercy of how generous they're willing to be. And it also doesn't mean that those donations are necessarily going to the people who actually need it. Broseph_Stalin posted... Rich people don't hoard money, they're not keeping millions of dollars under their mattress. When people say that the rich hoard money, they're referring to the upper-class as a whole, not just one specific rich guy. Yes, your money is technically being used when you invest it, but it's only being redistributed to other wealthy individuals. Broseph_Stalin posted... And since investment produces more long-term economic growth in developed nations Sounds a lot like trickle-down economics. --- I have nothing else to say <cite>RchHomieQuanChi posted [p:956240656] in "Rich... [t:79572177]...</cite> <quote>Even if it was true that rich people "donate enough money", it still means that society as a whole is at the mercy of how generous they're willing to be. And it also doesn't mean that those donations are necessarily going to the people who actually need it. Broseph_Stalin posted... </cite> <quote>Rich people don't hoard money, they're not keeping millions of dollars under their mattress.</quote> When people say that the rich hoard money, they're referring to the upper-class as a whole, not just one specific rich guy. Yes, your money is technically being used when you invest it, but it's only being redistributed to other wealthy individuals. Broseph_Stalin posted... </cite> <quote>And since investment produces more long-term economic growth in developed nations</quote> Sounds a lot like trickle-down economics. </quote> ... Copied to Clipboard!
ScazarMeltex 07/19/21 10:34:22 AM #11:	averagejoel posted... it's on the right track, but it's missing a few key components. one issue is that rich people have way too much freedom in deciding where their money goes. that is; they can donate to a charity of their choosing -- maybe even one that they themselves created -- rather than paying taxes. Maybe even one that employs themselves or family members. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:956240672] in "Rich... [t:79572177]...</cite> <quote>averagejoel posted... </cite> <quote>it's on the right track, but it's missing a few key components. one issue is that rich people have way too much freedom in deciding where their money goes. that is; they can donate to a charity of their choosing -- maybe even one that they themselves created -- rather than paying taxes.</quote>Maybe even one that employs themselves or family members. </quote> ... Copied to Clipboard!
krazychao5 07/19/21 10:36:31 AM #12:	why shouldn't people choose where donate their money? --- https://supermariomakerbookmark.nintendo.net/profile/bigllama?type=posted <cite>krazychao5 posted [p:956240729] in "Rich... [t:79572177]...</cite> <quote>why shouldn't people choose where donate their money? </quote> ... Copied to Clipboard!
Slaya4 07/19/21 10:37:39 AM #13:	averagejoel posted... it's on the right track, but it's missing a few key components. one issue is that rich people have way too much freedom in deciding where their money goes. that is; they can donate to a charity of their choosing -- maybe even one that they themselves created -- rather than paying taxes. I would say that it should be that way. It's the year 2021 and I have no say where my taxes go to. I'm pretty sure if people had the choice to donate a certain percentage to the police how quick they would change. --- Am I going too hard? <cite>Slaya4 posted [p:956240760] in "Rich... [t:79572177]...</cite> <quote>averagejoel posted... </cite> <quote>it's on the right track, but it's missing a few key components. one issue is that rich people have way too much freedom in deciding where their money goes. that is; they can donate to a charity of their choosing -- maybe even one that they themselves created -- rather than paying taxes.</quote> I would say that it should be that way. It's the year 2021 and I have no say where my taxes go to. I'm pretty sure if people had the choice to donate a certain percentage to the police how quick they would change. </quote> ... Copied to Clipboard!
averagejoel 07/19/21 10:41:19 AM #14:	krazychao5 posted... why shouldn't people choose where donate their money? they should pay taxes to fund services that benefit people instead --- peanut butter and dick <cite>averagejoel posted [p:956240851] in "Rich... [t:79572177]...</cite> <quote>krazychao5 posted... </cite> <quote>why shouldn't people choose where donate their money?</quote>they should pay taxes to fund services that benefit people instead </quote> ... Copied to Clipboard!
Broseph_Stalin 07/19/21 10:42:02 AM #15:	RchHomieQuanChi posted... When people say that the rich hoard money, they're referring to the upper-class as a whole, not just one specific rich guy. Yes, your money is technically being used when you invest it, but it's only being redistributed to other wealthy individuals. Er, no. There's a direct correlation between economic growth and employment/income growth for the general population. RchHomieQuanChi posted... Sounds a lot like trickle-down economics. I don't think you know what that means. <cite>Broseph_Stalin posted [p:956240870] in "Rich... [t:79572177]...</cite> <quote>RchHomieQuanChi posted... </cite> <quote>When people say that the rich hoard money, they're referring to the upper-class as a whole, not just one specific rich guy. Yes, your money is technically being used when you invest it, but it's only being redistributed to other wealthy individuals.</quote> Er, no. There's a direct correlation between economic growth and employment/income growth for the general population. RchHomieQuanChi posted... </cite> <quote>Sounds a lot like trickle-down economics.</quote> I don't think you know what that means. </quote> ... Copied to Clipboard!
averagejoel 07/19/21 10:43:05 AM #16:	Slaya4 posted... I would say that it should be that way. It's the year 2021 and I have no say where my taxes go to. this conversation is about rich people donating to charities to avoid paying those taxes in the first place. people having some say in where their tax money goes is an entirely different conversation for an entirely different topic --- peanut butter and dick <cite>averagejoel posted [p:956240901] in "Rich... [t:79572177]...</cite> <quote>Slaya4 posted... </cite> <quote>I would say that it should be that way. It's the year 2021 and I have no say where my taxes go to.</quote>this conversation is about rich people donating to charities to avoid paying those taxes in the first place. people having some say in where their tax money goes is an entirely different conversation for an entirely different topic </quote> ... Copied to Clipboard!
g980 07/19/21 10:43:38 AM #17:	averagejoel posted... it's on the right track, but it's missing a few key components. one issue is that rich people have way too much freedom in deciding where their money goes. that is; they can donate to a charity of their choosing -- maybe even one that they themselves created -- rather than paying taxes. This is one of your weirder hang ups "Rather than paying taxes" You understand that charity donations are deducted from your taxable income, not directly from your tax liability? The only way to not pay taxes by charity donations is to literally donate all of your income In which case idk who wouldnt be ok with that as long as we are policing charities to be legit. --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:956240923] in "Rich... [t:79572177]...</cite> <quote>averagejoel posted...</cite> <quote>it's on the right track, but it's missing a few key components. one issue is that rich people have way too much freedom in deciding where their money goes. that is; they can donate to a charity of their choosing -- maybe even one that they themselves created -- rather than paying taxes. </quote> This is one of your weirder hang ups "Rather than paying taxes" You understand that charity donations are deducted from your taxable income, not directly from your tax liability? The only way to not pay taxes by charity donations is to literally donate all of your income In which case idk who wouldnt be ok with that as long as we are policing charities to be legit.</quote> ... Copied to Clipboard!
Wetterdew 07/19/21 10:44:51 AM #18:	RchHomieQuanChi posted... Even if it was true that rich people "donate enough money", it still means that society as a whole is at the mercy of how generous they're willing to be. And it also doesn't mean that those donations are necessarily going to the people who actually need it. qft. We already HAVE a good means of getting money for fixing critical societal problems and it's taxation of wealth. Properly taxing the inordinate wealth of the top billionaires would be how to fix problems. Not allowing them to decide how much to bequeath on us, because they're greedy and they don't (and won't) give us more than a peanut. --- Talking about video games? it's ok to just disagree with each other on the internet. No point getting hostile or snide about it <cite>Wetterdew posted [p:956240970] in "Rich... [t:79572177]...</cite> <quote> RchHomieQuanChi posted... </cite> <quote>Even if it was true that rich people "donate enough money", it still means that society as a whole is at the mercy of how generous they're willing to be. And it also doesn't mean that those donations are necessarily going to the people who actually need it.</quote>qft. We already HAVE a good means of getting money for fixing critical societal problems and it's taxation of wealth. Properly taxing the inordinate wealth of the top billionaires would be how to fix problems. Not allowing them to decide how much to bequeath on us, because they're greedy and they don't (and won't) give us more than a peanut. </quote> ... Copied to Clipboard!
g980 07/19/21 10:45:02 AM #19:	RchHomieQuanChi posted... When people say that the rich hoard money, they're referring to the upper-class as a whole, not just one specific rich guy. Yes, your money is technically being used when you invest it, but it's only being redistributed to other wealthy individuals. Not really Investments fund new projects/growth that pretty much always means new jobs --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:956240977] in "Rich... [t:79572177]...</cite> <quote>RchHomieQuanChi posted...</cite> <quote>When people say that the rich hoard money, they're referring to the upper-class as a whole, not just one specific rich guy. Yes, your money is technically being used when you invest it, but it's only being redistributed to other wealthy individuals.</quote> Not really Investments fund new projects/growth that pretty much always means new jobs</quote> ... Copied to Clipboard!
Slaya4 07/19/21 10:46:44 AM #20:	averagejoel posted... this conversation is about rich people donating to charities to avoid paying those taxes in the first place. people having some say in where their tax money goes is an entirely different conversation for an entirely different topic And I'm saying they should have freedom on where their money goes. It should be that way. Since you don't have the power to do that with taxes. --- Am I going too hard? <cite>Slaya4 posted [p:956241022] in "Rich... [t:79572177]...</cite> <quote>averagejoel posted... </cite> <quote>this conversation is about rich people donating to charities to avoid paying those taxes in the first place. people having some say in where their tax money goes is an entirely different conversation for an entirely different topic</quote> And I'm saying they should have freedom on where their money goes. It should be that way. Since you don't have the power to do that with taxes. </quote> ... Copied to Clipboard!
RchHomieQuanChi 07/19/21 10:47:26 AM #21:	g980 posted... Not really Investments fund new projects/growth that pretty much always means new jobs Then why is income inequality getting worse as wealth continues to concentrate more and more into the hands of a select few? --- I have nothing else to say <cite>RchHomieQuanChi posted [p:956241048] in "Rich... [t:79572177]...</cite> <quote>g980 posted... </cite> <quote>Not really Investments fund new projects/growth that pretty much always means new jobs</quote> Then why is income inequality getting worse as wealth continues to concentrate more and more into the hands of a select few? </quote> ... Copied to Clipboard!
averagejoel 07/19/21 10:47:53 AM #22:	g980 posted... This is one of your weirder hang ups "Rather than paying taxes" You understand that charity donations are deducted from your taxable income, not directly from your tax liability? The only way to not pay taxes by charity donations is to literally donate all of your income In which case idk who wouldnt be ok with that as long as we are policing charities to be legit. are you 12 --- peanut butter and dick <cite>averagejoel posted [p:956241063] in "Rich... [t:79572177]...</cite> <quote>g980 posted... </cite> <quote>This is one of your weirder hang ups "Rather than paying taxes" You understand that charity donations are deducted from your taxable income, not directly from your tax liability? The only way to not pay taxes by charity donations is to literally donate all of your income In which case idk who wouldnt be ok with that as long as we are policing charities to be legit.</quote>are you 12 </quote> ... Copied to Clipboard!
Broseph_Stalin 07/19/21 10:48:19 AM #23:	RchHomieQuanChi posted... Then why is income inequality getting worse? Income inequality doesn't measure gains dude. The economy is not a zero-sum game. <cite>Broseph_Stalin posted [p:956241083] in "Rich... [t:79572177]...</cite> <quote>RchHomieQuanChi posted... </cite> <quote>Then why is income inequality getting worse?</quote> Income inequality doesn't measure gains dude. The economy is not a zero-sum game. </quote> ... Copied to Clipboard!
averagejoel 07/19/21 10:48:27 AM #24:	Slaya4 posted... And I'm saying they should have freedom on where their money goes. It should be that way. Since you don't have the power to do that with taxes. cool. you're wrong --- peanut butter and dick <cite>averagejoel posted [p:956241086] in "Rich... [t:79572177]...</cite> <quote>Slaya4 posted... </cite> <quote>And I'm saying they should have freedom on where their money goes. It should be that way. Since you don't have the power to do that with taxes.</quote>cool. you're wrong </quote> ... Copied to Clipboard!
QueenCarly 07/19/21 10:48:42 AM #25:	Broseph_Stalin posted... Rich people don't hoard money, they're not keeping millions of dollars under their mattress. They either invest it themselves or put it in a bank who in turn use it to invest. And since investment produces more long-term economic growth in developed nations, it's a better use of their money than buying shit like yachts and expensive cars. Long term economic growth that disproportionately benefits oh yeah, themselves --- https://media.giphy.com/media/26AHNHoZ6XnXX2fhC/giphy.gif <cite>QueenCarly posted [p:956241097] in "Rich... [t:79572177]...</cite> <quote>Broseph_Stalin posted... </cite> <quote>Rich people don't hoard money, they're not keeping millions of dollars under their mattress. They either invest it themselves or put it in a bank who in turn use it to invest. And since investment produces more long-term economic growth in developed nations, it's a better use of their money than buying shit like yachts and expensive cars.</quote> Long term economic growth that disproportionately benefits oh yeah, themselves </quote> ... Copied to Clipboard!
Broseph_Stalin 07/19/21 10:49:29 AM #26:	QueenCarly posted... Long term economic growth that disproportionately benefits oh yeah, themselves Broseph_Stalin posted... There's a direct correlation between economic growth and employment/income growth for the general population. <cite>Broseph_Stalin posted [p:956241123] in "Rich... [t:79572177]...</cite> <quote>QueenCarly posted... </cite> <quote>Long term economic growth that disproportionately benefits oh yeah, themselves</quote> Broseph_Stalin posted... </cite> <quote>There's a direct correlation between economic growth and employment/income growth for the general population.</quote> </quote> ... Copied to Clipboard!
RchHomieQuanChi 07/19/21 10:49:39 AM #27:	Broseph_Stalin posted... Income inequality doesn't measure gains dude. The economy is not a zero-sum game. It literally is. Value isn't created from nothing. --- I have nothing else to say <cite>RchHomieQuanChi posted [p:956241130] in "Rich... [t:79572177]...</cite> <quote>Broseph_Stalin posted... </cite> <quote>Income inequality doesn't measure gains dude. The economy is not a zero-sum game.</quote> It literally is. Value isn't created from nothing. </quote> ... Copied to Clipboard!
Slaya4 07/19/21 10:50:22 AM #28:	averagejoel posted... cool. you're wrong Ah, that's right I'm on CE. --- Am I going too hard? <cite>Slaya4 posted [p:956241156] in "Rich... [t:79572177]...</cite> <quote>averagejoel posted... </cite> <quote>cool. you're wrong</quote> Ah, that's right I'm on CE. </quote> ... Copied to Clipboard!
averagejoel 07/19/21 10:51:03 AM #29:	Slaya4 posted... Ah, that's right I'm on CE. you would still be wrong anywhere else --- peanut butter and dick <cite>averagejoel posted [p:956241174] in "Rich... [t:79572177]...</cite> <quote>Slaya4 posted... </cite> <quote>Ah, that's right I'm on CE.</quote>you would still be wrong anywhere else </quote> ... Copied to Clipboard!
Sackgurl 07/19/21 10:51:19 AM #30:	g980 posted... Investments fund new projects/growth that pretty much always means new jobs this only happens when the company being invested in is liquidating treasury stock, which happens less than you think --- LittleBigPlanet is like merging dress-up with a real game. <cite>Sackgurl posted [p:956241183] in "Rich... [t:79572177]...</cite> <quote>g980 posted... </cite> <quote>Investments fund new projects/growth that pretty much always means new jobs</quote> this only happens when the company being invested in is liquidating treasury stock, which happens less than you think </quote> ... Copied to Clipboard!
Broseph_Stalin 07/19/21 10:52:38 AM #31:	RchHomieQuanChi posted... It literally is. Man our education system really just ignores economics completely, doesn't it? Like this is a literacy problem. Ask yourself why people in the past were poorer despite the population being lower and then ask yourself if the economy is a zero sum game. <cite>Broseph_Stalin posted [p:956241224] in "Rich... [t:79572177]...</cite> <quote>RchHomieQuanChi posted... </cite> <quote>It literally is.</quote> Man our education system really just ignores economics completely, doesn't it? Like this is a literacy problem. Ask yourself why people in the past were poorer despite the population being lower and then ask yourself if the economy is a zero sum game. </quote> ... Copied to Clipboard!
krazychao5 07/19/21 10:53:25 AM #32:	RchHomieQuanChi posted... It literally is. Value isn't created from nothing. no, but $1 can turn into $10 for the economy. quality of life is much better now than it was, and that is due to capitalism. rising tide lifts all boats. just because the people who put in the financial risk reap greater rewards does not mean that society is getting fucked by them. they are benefited, just not as greatly. --- https://supermariomakerbookmark.nintendo.net/profile/bigllama?type=posted <cite>krazychao5 posted [p:956241250] in "Rich... [t:79572177]...</cite> <quote>RchHomieQuanChi posted... </cite> <quote>It literally is. Value isn't created from nothing.</quote>no, but $1 can turn into $10 for the economy. quality of life is much better now than it was, and that is due to capitalism. rising tide lifts all boats. just because the people who put in the financial risk reap greater rewards does not mean that society is getting fucked by them. they are benefited, just not as greatly. </quote> ... Copied to Clipboard!
Sackgurl 07/19/21 10:54:13 AM #33:	Broseph_Stalin posted... Man our education system really just ignores economics completely, doesn't it? Like this is a literacy problem. Ask yourself why people in the past were poorer despite the population being lower and then ask yourself if the economy is a zero sum game. you're right but this is a crap reason. over last 50 years, mostly it's luxuries that have gotten more affordable, the most basic things (heathcare, shelter, food) are not significantly more accessible to people now than they were then. the delta between the rise in mean and median income tells much of this story. but value has certainly been created for everyone. the real reason is that advancement of technology enables us to do more with less, and we are continually extracting more and more basic materials and energy from the earth (and sun), over time --- LittleBigPlanet is like merging dress-up with a real game. <cite>Sackgurl posted [p:956241274] in "Rich... [t:79572177]...</cite> <quote>Broseph_Stalin posted... </cite> <quote>Man our education system really just ignores economics completely, doesn't it? Like this is a literacy problem. Ask yourself why people in the past were poorer despite the population being lower and then ask yourself if the economy is a zero sum game.</quote> you're right but this is a crap reason. over last 50 years, mostly it's luxuries that have gotten more affordable, the most basic things (heathcare, shelter, food) are not significantly more accessible to people now than they were then. the delta between the rise in mean and median income tells much of this story. but value has certainly been created for everyone. the real reason is that advancement of technology enables us to do more with less, and we are continually extracting more and more basic materials and energy from the earth (and sun), over time </quote> ... Copied to Clipboard!
Broseph_Stalin 07/19/21 10:55:42 AM #34:	Sackgurl posted... the real reason is that advancement of technology enables us to do more with less ...which is the result of investment and profit seeking lol <cite>Broseph_Stalin posted [p:956241321] in "Rich... [t:79572177]...</cite> <quote>Sackgurl posted... </cite> <quote>the real reason is that advancement of technology enables us to do more with less</quote> ...which is the result of investment and profit seeking lol </quote> ... Copied to Clipboard!
Slaya4 07/19/21 10:56:08 AM #35:	averagejoel posted... you would still be wrong anywhere else My intent was to have a discussion. I didn't come at you sideways or aggressive, but as soon as somebody challenged you, you got defensive. Its not wrong to think that I'm not entitled to how other people spend their money. People should, in fact, have a say where their money goes. How that's wrong? Idk, but ok. --- Am I going too hard? <cite>Slaya4 posted [p:956241340] in "Rich... [t:79572177]...</cite> <quote>averagejoel posted... </cite> <quote>you would still be wrong anywhere else</quote> My intent was to have a discussion. I didn't come at you sideways or aggressive, but as soon as somebody challenged you, you got defensive. Its not wrong to think that I'm not entitled to how other people spend their money. People should, in fact, have a say where their money goes. How that's wrong? Idk, but ok. </quote> ... Copied to Clipboard!
averagejoel 07/19/21 10:58:58 AM #36:	Slaya4 posted... My intent was to have a discussion. I didn't come at you sideways or aggressive you did attempt to reframe the discussion in a completely disingenuous way though. Its not wrong to think that I'm not entitled to how other people spend their money. People should, in fact, have a say where their money goes. How that's wrong? Idk, but ok. yeah, this is a fucking stupid way to frame the discussion. read a book or something --- peanut butter and dick <cite>averagejoel posted [p:956241408] in "Rich... [t:79572177]...</cite> <quote>Slaya4 posted... </cite> <quote>My intent was to have a discussion. I didn't come at you sideways or aggressive</quote>you did attempt to reframe the discussion in a completely disingenuous way though. <quote>Its not wrong to think that I'm not entitled to how other people spend their money. People should, in fact, have a say where their money goes. How that's wrong? Idk, but ok.</quote>yeah, this is a fucking stupid way to frame the discussion. read a book or something </quote> ... Copied to Clipboard!
Sackgurl 07/19/21 10:59:42 AM #37:	Slaya4 posted... My intent was to have a discussion. I didn't come at you sideways or aggressive, but as soon as somebody challenged you, you got defensive. Its not wrong to think that I'm not entitled to how other people spend their money. People should, in fact, have a say where their money goes. How that's wrong? Idk, but ok. the discussion isn't "should rich people be allowed to donate to the charity dedicated to making oil paintings of their genitals" it's "should that be tax deductible" --- LittleBigPlanet is like merging dress-up with a real game. <cite>Sackgurl posted [p:956241431] in "Rich... [t:79572177]...</cite> <quote>Slaya4 posted... </cite> <quote>My intent was to have a discussion. I didn't come at you sideways or aggressive, but as soon as somebody challenged you, you got defensive. Its not wrong to think that I'm not entitled to how other people spend their money. People should, in fact, have a say where their money goes. How that's wrong? Idk, but ok.</quote> the discussion isn't "should rich people be allowed to donate to the charity dedicated to making oil paintings of their genitals" it's "should that be tax deductible" </quote> ... Copied to Clipboard!
krazychao5 07/19/21 11:02:13 AM #38:	Sackgurl posted... the discussion isn't "should rich people be allowed to donate to the charity dedicated to making oil paintings of their genitals" it's "should that be tax deductible" it should be tax deductible, yes. that kind of shit keeps my skills in demand --- https://supermariomakerbookmark.nintendo.net/profile/bigllama?type=posted <cite>krazychao5 posted [p:956241520] in "Rich... [t:79572177]...</cite> <quote>Sackgurl posted... </cite> <quote>the discussion isn't "should rich people be allowed to donate to the charity dedicated to making oil paintings of their genitals" it's "should that be tax deductible"</quote>it should be tax deductible, yes. that kind of shit keeps my skills in demand </quote> ... Copied to Clipboard!
QueenCarly 07/19/21 11:04:09 AM #39:	Broseph_Stalin posted... ...which is the result of investment and profit seeking lol Or you know, the military and other publicly funded technology research. Fuck out of here you goddamned shill --- https://media.giphy.com/media/26AHNHoZ6XnXX2fhC/giphy.gif <cite>QueenCarly posted [p:956241566] in "Rich... [t:79572177]...</cite> <quote>Broseph_Stalin posted... </cite> <quote>...which is the result of investment and profit seeking lol</quote> Or you know, the military and other publicly funded technology research. Fuck out of here you goddamned shill </quote> ... Copied to Clipboard!
krazychao5 07/19/21 11:05:42 AM #40:	QueenCarly posted... Or you know, the military and other publicly funded technology research. Fuck out of here you goddamned shill so the military that contracts services out to companies for a profit. publicly funded technology research is funded by who do you think? --- https://supermariomakerbookmark.nintendo.net/profile/bigllama?type=posted <cite>krazychao5 posted [p:956241610] in "Rich... [t:79572177]...</cite> <quote>QueenCarly posted... </cite> <quote>Or you know, the military and other publicly funded technology research. Fuck out of here you goddamned shill</quote>so the military that contracts services out to companies for a profit. publicly funded technology research is funded by who do you think? </quote> ... Copied to Clipboard!
Slaya4 07/19/21 11:07:24 AM #41:	averagejoel posted... you did attempt to reframe the discussion in a completely disingenuous way though. yeah, this is a fucking stupid way to frame the discussion. read a book or something Am I being trolled? What? Bro, your argument was people have too much freedom to donate where their money goes and I countered and said that it's a good thing they have that freedom to do that and now I'm being told to read a book? Lol, bruh ok. Have your hissy fit. --- Am I going too hard? <cite>Slaya4 posted [p:956241664] in "Rich... [t:79572177]...</cite> <quote>averagejoel posted... </cite> <quote>you did attempt to reframe the discussion in a completely disingenuous way though. yeah, this is a fucking stupid way to frame the discussion. read a book or something</quote> Am I being trolled? What? Bro, your argument was people have too much freedom to donate where their money goes and I countered and said that it's a good thing they have that freedom to do that and now I'm being told to read a book? Lol, bruh ok. Have your hissy fit. </quote> ... Copied to Clipboard!
averagejoel 07/19/21 11:07:47 AM #42:	krazychao5 posted... so the military that contracts services out to companies for a profit. publicly funded technology research is funded by who do you think? taxpayers --- peanut butter and dick <cite>averagejoel posted [p:956241671] in "Rich... [t:79572177]...</cite> <quote>krazychao5 posted... </cite> <quote>so the military that contracts services out to companies for a profit. publicly funded technology research is funded by who do you think?</quote>taxpayers </quote> ... Copied to Clipboard!
RchHomieQuanChi 07/19/21 11:08:27 AM #43:	krazychao5 posted... no, but $1 can turn into $10 for the economy. This isn't in dispute. The issue is specifically in regards to what that wealth is being used to do. Is it being used to increase workers' pay so they don't have to go on welfare programs or is it being used on more things that will make the rich richer under the illusion that it's supposed to benefit everybody? krazychao5 posted... just because the people who put in the financial risk reap greater rewards does not mean that society is getting fucked by them. When your boss decides to cut your hours or decrease your pay so the company will produce profits for its shareholders, yes, society is getting fucked. --- I have nothing else to say <cite>RchHomieQuanChi posted [p:956241686] in "Rich... [t:79572177]...</cite> <quote>krazychao5 posted... </cite> <quote>no, but $1 can turn into $10 for the economy.</quote> This isn't in dispute. The issue is specifically in regards to what that wealth is being used to do. Is it being used to increase workers' pay so they don't have to go on welfare programs or is it being used on more things that will make the rich richer under the illusion that it's supposed to benefit everybody? krazychao5 posted... </cite> <quote>just because the people who put in the financial risk reap greater rewards does not mean that society is getting fucked by them.</quote> When your boss decides to cut your hours or decrease your pay so the company will produce profits for its shareholders, yes, society is getting fucked. </quote> ... Copied to Clipboard!
QueenCarly 07/19/21 11:09:26 AM #44:	averagejoel posted... taxpayers ^ --- https://media.giphy.com/media/26AHNHoZ6XnXX2fhC/giphy.gif <cite>QueenCarly posted [p:956241711] in "Rich... [t:79572177]...</cite> <quote>averagejoel posted... </cite> <quote>taxpayers</quote> ^ </quote> ... Copied to Clipboard!
averagejoel 07/19/21 11:09:30 AM #45:	Slaya4 posted... Am I being trolled? What? Bro, your argument was people have too much freedom to donate where their money goes and I countered and said that it's a good thing they have that freedom to do that and now I'm being told to read a book? Lol, bruh ok. Have your hissy fit. it's not a hissy fit. you just attempted to reframe the discussion in an extremely stupid way. if you don't want me to inform you that you did this, don't do it --- peanut butter and dick <cite>averagejoel posted [p:956241712] in "Rich... [t:79572177]...</cite> <quote>Slaya4 posted... </cite> <quote>Am I being trolled? What? Bro, your argument was people have too much freedom to donate where their money goes and I countered and said that it's a good thing they have that freedom to do that and now I'm being told to read a book? Lol, bruh ok. Have your hissy fit.</quote>it's not a hissy fit. you just attempted to reframe the discussion in an extremely stupid way. if you don't want me to inform you that you did this, don't do it </quote> ... Copied to Clipboard!
Broseph_Stalin 07/19/21 11:11:28 AM #46:	QueenCarly posted... Or you know, the military and other publicly funded technology research. Fuck out of here you goddamned shill I hate to break it to you but private R&D spending dwarfs public spending. No need to be so angry. <cite>Broseph_Stalin posted [p:956241777] in "Rich... [t:79572177]...</cite> <quote>QueenCarly posted... </cite> <quote>Or you know, the military and other publicly funded technology research. Fuck out of here you goddamned shill</quote> I hate to break it to you but private R&D spending dwarfs public spending. No need to be so angry. </quote> ... Copied to Clipboard!
Sackgurl 07/19/21 11:12:17 AM #47:	krazychao5 posted... publicly funded technology research is funded by who do you think? who do you think funds it? Broseph_Stalin posted... ...which is the result of investment and profit seeking lol profit seeking yes, always. even when publicly funded. investment, sometimes? the investments that advance our technology come from many places, but the bulk of the investment market is not buying equities directly from companies--IPOs and treasury offerings are <1% of the total trading volume day to day. if you look at typical corporate earnings reports you'll see that cash flows from investing activities specific to sale of their treasury stock tend to be dwarfed by income from bonds and other loans, but these are generally not taken against the company's market capitalization but rather against their earnings Broseph_Stalin posted... I hate to break it to you but private R&D spending dwarfs public spending. i am inclined to believe this and i hate to be that person but this is definitely a statement that requires evidence --- LittleBigPlanet is like merging dress-up with a real game. <cite>Sackgurl posted [p:956241802] in "Rich... [t:79572177]...</cite> <quote>krazychao5 posted... </cite> <quote>publicly funded technology research is funded by who do you think?</quote> who do you think funds it? Broseph_Stalin posted... </cite> <quote>...which is the result of investment and profit seeking lol</quote> profit seeking yes, always. even when publicly funded. investment, sometimes? the investments that advance our technology come from many places, but the bulk of the investment market is not buying equities directly from companies--IPOs and treasury offerings are <1% of the total trading volume day to day. if you look at typical corporate earnings reports you'll see that cash flows from investing activities specific to sale of their treasury stock tend to be dwarfed by income from bonds and other loans, but these are generally not taken against the company's market capitalization but rather against their earnings Broseph_Stalin posted... </cite> <quote>I hate to break it to you but private R&D spending dwarfs public spending.</quote> i am inclined to believe this and i hate to be that person but this is definitely a statement that requires evidence </quote> ... Copied to Clipboard!
Broseph_Stalin 07/19/21 11:17:22 AM #48:	https://fas.org/sgp/crs/misc/R44307.pdf <cite>Broseph_Stalin posted [p:956241942] in "Rich... [t:79572177]...</cite> <quote>https://fas.org/sgp/crs/misc/R44307.pdf </quote> ... Copied to Clipboard!
Shablagoo 07/19/21 11:18:39 AM #49:	Broseph_Stalin posted... Income inequality doesn't measure gains dude. No, thats number of microwaves per household that measures that. --- "If you wanna grow your business you need to exploit more." ~Austin_Era_II "Out of those two? Racist for me... easily." ~Vicious_Dios <cite>Shablagoo posted [p:956241974] in "Rich... [t:79572177]...</cite> <quote>Broseph_Stalin posted... </cite> <quote>Income inequality doesn't measure gains dude.</quote> No, thats number of microwaves per household that measures that. </quote> ... Copied to Clipboard!
krazychao5 07/19/21 11:19:10 AM #50:	guys, taxpayers money is not going into R&D. the only real time that happens is to combat a crisis, like gov't spending trillions on getting a covid vaccine to market. private companies are the ones spending money on R&D; and do you know why? it's because there are tax incentives to take risks and spend money looking to develop solutions and new technologies. taxpayers' money tends to go towards social services and infrastructure. --- https://supermariomakerbookmark.nintendo.net/profile/bigllama?type=posted <cite>krazychao5 posted [p:956241995] in "Rich... [t:79572177]...</cite> <quote>guys, taxpayers money is not going into R&D. the only real time that happens is to combat a crisis, like gov't spending trillions on getting a covid vaccine to market. private companies are the ones spending money on R&D; and do you know why? it's because there are tax incentives to take risks and spend money looking to develop solutions and new technologies. taxpayers' money tends to go towards social services and infrastructure. </quote> ... Copied to Clipboard!
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Current Events > "Rich people donate enough. The issue is distribution" (+) Yeah! (+)

Current Events > "Rich people donate enough. The issue is distribution"