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Thread: So sick of hearing the term 1 percent

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    magical negro/photog .blank cd's Avatar
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    Quote Originally Posted by BanginJimmy View Post
    You can use legislation to take 10000 self made rich people (trust fund babies dont count) and take every penny they have, at the same time you can take 10000 self made poor people and give them $10 mil.
    So yes, you can do it, but it won't work the way you want it to.

    As for socialism, can you point out any place where it works? All I ever see from socialism is the top coming down, I never see the bottom coming up.
    Communism was the word I was looking for

    I believe this was directed at individuals, not business deals. A business deal that is completed by all parties benefits all parties. At the same time, a business deal such as the one you described, wealth shifts from one party to another, none is actually created.
    Why does it matter how and where the money changed hands? If someone profited from the deal, that's all that matters. If I have $1mil and I give you $10000, and you make $10000 off of my loan and give me back all +10% interest, I am now wealthier, and you are wealthier because I divided my wealth with you.

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    Family Man ahabion's Avatar
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    Quote Originally Posted by .blank cd View Post
    Why does it matter how and where the money changed hands? If someone profited from the deal, that's all that matters. If I have $1mil and I give you $10000, and you make $10000 off of my loan and give me back all +10% interest, I am now wealthier, and you are wealthier because I divided my wealth with you.
    IRS will be happy to take your divided anything. Send them a check and let them know to pay you back with interest and tell us how it goes. Just as you preach, as long as someone is making money and profiting from the deal, that's all that matters.

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    magical negro/photog .blank cd's Avatar
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    Quote Originally Posted by ahabion View Post
    IRS will be happy to take your divided anything. Send them a check and let them know to pay you back with interest and tell us how it goes. Just as you preach, as long as someone is making money and profiting from the deal, that's all that matters.
    What does the IRS have to do with anything?

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