I could have prevented Enron or the housing bubble. DON'T COMMIT FRAUD (Enron CEO) DON'T LEND MONEY TO PEOPLE YOU KNOW CAN'T PAY IT BACK (housing bubble)
A small business isn't up to 499 employees. If it was, EVERY BUSINESS in my town would be a small business: INCLUDING MCDONALDS (each franchisee is their own business.) A small business is a business that the employee total is so low that laws like the FMLA don't apply to them.
Wealthy is also defined as 450k+ (the 39% tax bracket.) And I would love to know how nearly 50% of the US doesn't pay taxes when I barely cleared 12k last year and STILL had to pay taxes. I didn't have to send them MORE money, but I sure as shit didn't get everything back. I'm guessing the hack report you got listed people that had to pay more than they sent in initially. (though I DO love how you said a chunk of the tax paying populace doesn't pay taxes, wouldn't that mean they aren't a part of the tax paying populace?)
And as evidence that any idiot is given the chance repeatedly if their family is rich enough: George Bush Jr.
He ruined more companies than I will ever get the chance to run just because he comes from a rich family.
But this thread wasn't about taxes. It was about how the rich get there: they start there almost to a man. Their families got there in the first place through crime or some big scam.[/quote]
You're correct on the Enron Part, but it's difficult to tell someone "don't lend money to people you know can't pay it back" when the Federal Government actually MANDATES that you give money to people who can't pay it back in the name of "fairness"
He didn't say nearly 50% don't pay taxes, he said nearly 50% don't pay income taxes, that's different. This doesn't mean every single one of those people are "welfare queens" or whatever, some are retirees, some are students, some don't work in a traditional job but make money via investments (and thus pay Capital Gains Tax).
Actually, the rich do pay an overwhelming majority of the taxes. In the US in 2012, the top 20% paid nearly 70% of the taxes:
http://blog.heritage.org/2012/07/12/cbo-report-confirms-rich-already-pay-their-fair-share/
"It was about how the rich get there: they start there almost to a man."
Garbage. When polled, 86% of Millionaires said they were not raised in a wealthy family. But that's taking their word for it, Forbes did a report on it with a lot more research, and only about 30% of billionaires were raised in what would be considered very wealthy families, and this is Billionaires we're talking about.
http://www.cnbc.com/id/49167533/Did_the_Forbes_400_Billionaires_Really_039Build_That039
"Either you become a warlord/royal/dictator and take it from everyone by force or taxes..."
Sorry this just made me laugh because I was imagining Warren Buffett as a "Warlord"
A small business isn't up to 499 employees. If it was, EVERY BUSINESS in my town would be a small business: INCLUDING MCDONALDS (each franchisee is their own business.) A small business is a business that the employee total is so low that laws like the FMLA don't apply to them.
Wealthy is also defined as 450k+ (the 39% tax bracket.) And I would love to know how nearly 50% of the US doesn't pay taxes when I barely cleared 12k last year and STILL had to pay taxes. I didn't have to send them MORE money, but I sure as shit didn't get everything back. I'm guessing the hack report you got listed people that had to pay more than they sent in initially. (though I DO love how you said a chunk of the tax paying populace doesn't pay taxes, wouldn't that mean they aren't a part of the tax paying populace?)
And as evidence that any idiot is given the chance repeatedly if their family is rich enough: George Bush Jr.
He ruined more companies than I will ever get the chance to run just because he comes from a rich family.
But this thread wasn't about taxes. It was about how the rich get there: they start there almost to a man. Their families got there in the first place through crime or some big scam.[/quote]
You're correct on the Enron Part, but it's difficult to tell someone "don't lend money to people you know can't pay it back" when the Federal Government actually MANDATES that you give money to people who can't pay it back in the name of "fairness"
He didn't say nearly 50% don't pay taxes, he said nearly 50% don't pay income taxes, that's different. This doesn't mean every single one of those people are "welfare queens" or whatever, some are retirees, some are students, some don't work in a traditional job but make money via investments (and thus pay Capital Gains Tax).
Actually, the rich do pay an overwhelming majority of the taxes. In the US in 2012, the top 20% paid nearly 70% of the taxes:
http://blog.heritage.org/2012/07/12/cbo-report-confirms-rich-already-pay-their-fair-share/
"It was about how the rich get there: they start there almost to a man."
Garbage. When polled, 86% of Millionaires said they were not raised in a wealthy family. But that's taking their word for it, Forbes did a report on it with a lot more research, and only about 30% of billionaires were raised in what would be considered very wealthy families, and this is Billionaires we're talking about.
http://www.cnbc.com/id/49167533/Did_the_Forbes_400_Billionaires_Really_039Build_That039
"Either you become a warlord/royal/dictator and take it from everyone by force or taxes..."
Sorry this just made me laugh because I was imagining Warren Buffett as a "Warlord"
