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Topic: Rich have too much - page 4. (Read 3366 times)

sr. member
Activity: 2604
Merit: 338
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March 12, 2021, 05:59:26 PM
No one can become rich over night. It takes a whole lifetime, a lot of struggle and dedication in life which make a person rich. Once you are rich you deserve to accumulate more wealth. So we should focus on our life on how to become rich by working hard so we could also be classified ourselves in that elite class.

You do can become rich overnight, all you have have to do is pick the right lottery numbers. Sure it is very unlikely but there are chances. Or what about the guys that invested heavily in Gamestop options? They made a huge profit as well. There are some limited chances from time to time to become rich very fast. That is why there is a difference between new money and old money.
Lottery is the only way and theres no other than that. lol

We are all doing our best to gain money and making ourselves financially free and its up to someone if they do give out something back into those who are in need but on mandating on sharing up the fortune
with those who are in need to make it mandatory isnt really just a right thing.Always consider on how those fellas do work hard and make out investment to reach that certain state.

If you are jelous on such scenario then start on working up hard and do find all sorts of things to make yourself better.
legendary
Activity: 3752
Merit: 1864
March 12, 2021, 07:45:25 AM
Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

OK ! Let's say your idea is absolutely correct. Then let's follow it - for someone you look wealthy enough - share your wealth with someone who is much poorer. Or even so - let us take 75% of your wealth from you and give it to the poorest? Why not ? What's wrong ? You are rich in relation to the inhabitants of some poor districts! There you have a computer, the Internet, you are fond of cryptocurrencies, you probably eat 3 times a day, and sleep on your bed and bed linen! So - are you ready to share your wealth with those in need? Smiley
hero member
Activity: 1974
Merit: 534
March 12, 2021, 03:35:41 AM
No one can become rich over night. It takes a whole lifetime, a lot of struggle and dedication in life which make a person rich. Once you are rich you deserve to accumulate more wealth. So we should focus on our life on how to become rich by working hard so we could also be classified ourselves in that elite class.

You do can become rich overnight, all you have have to do is pick the right lottery numbers. Sure it is very unlikely but there are chances. Or what about the guys that invested heavily in Gamestop options? They made a huge profit as well. There are some limited chances from time to time to become rich very fast. That is why there is a difference between new money and old money.
full member
Activity: 868
Merit: 108
March 12, 2021, 03:13:51 AM
If there are laws that give all the wealth to the poor, then eventually there will be no more wealthy people. Then, how will the poor survive?

It is better to teach to poor how to earn money in their own than giving money to them because if give them now fo their foods how about in the next day? They cant survive for long time in that certain amount but if you teach them the way how you earn they are no longer poor because they can earn just like what you earn.
member
Activity: 868
Merit: 63
March 05, 2021, 07:05:40 AM
It is not the rich that have too much, those that are beyond rich are the ones that have too much, they are the ones that we should punish. They are the ones that controls the economy and are immune to laws, they are the ones that put politicians in their place and they are the reason why there are still people slaving away to live, they are the real tyrants, if we are to destroy who is pulling the strings, the puppet may fall down but it will all fall into place and everything will be alright along the way.
sr. member
Activity: 1666
Merit: 268
March 05, 2021, 06:17:43 AM
This world will run in balance if there are rich people and poor people, because this world cannot be without poor people. Therefore, if the rich have
to give wealth that is not used to be distributed to the poor, then human life will be even more chaotic. Because there is no balance, I say this is not
in defense of the rich and indifferent to the poor. I think the rich should help the poor, but they don't always have to give money. Because
the best assistance to the poor is not money, but science. Every human being, if he has knowledge, should be able to survive.
Ucy
sr. member
Activity: 2674
Merit: 403
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March 05, 2021, 06:04:53 AM
I would be more worried about selfish rich people than those who use their wealth for the benefit of society and the world.
And the rich must be humble,  live with the poor, use their resources for the benefit of the society. We work together like healthy living cells for the good of the body/society rather than outgrow the rest of body at its own detriment like certain cancers do.
full member
Activity: 868
Merit: 150
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March 05, 2021, 12:25:49 AM
There is no point in getting jealous about the rich. People like Bezos and Musk are self made billionaires. They worked really hard to become rich, and in the due process they made a lot of people rich as well. If you had invested in the Tesla or Amazon stock in the early days, then you too would have become rich and this post would have been unnecessary. It is surprising that most of the hatred is directed against people such as Bezos and Musk, who became rich as a result of their hard work.
I wouldn't say that Bezos is a self-made billionaire entirely, his family had the money to support him. Musk on the other hand is close to one because they first developed Zip2 and sold it to build the company Paypal and then the rest is history. Jealousy is the sickness that is keeping the poor people from getting a prosperous life, they always blame the people that are at the top while at the same time making them an exception to the problem.
legendary
Activity: 3346
Merit: 1352
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March 04, 2021, 10:41:32 PM
There is no point in getting jealous about the rich. People like Bezos and Musk are self made billionaires. They worked really hard to become rich, and in the due process they made a lot of people rich as well. If you had invested in the Tesla or Amazon stock in the early days, then you too would have become rich and this post would have been unnecessary. It is surprising that most of the hatred is directed against people such as Bezos and Musk, who became rich as a result of their hard work. And this is despite both of them spending huge amounts in charity every year. On the other hand, I hardly see anyone talking about people like Gina Rinehart or MacKenzie Scott, who inherited their wealth.
legendary
Activity: 2366
Merit: 1624
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March 04, 2021, 01:52:26 PM
The Capital in the XXI Century by Thomas Piketty core thesis is that the natural tendency for the capital is to concentrate into a few hands unless legislative provisions are made to avoid it. Also, along with it, come social unrest and the rise of extremisms such as Nazism or Communism.

"The Rich" do have "too much" at this point in time and that is showing in the social unrest in non-democratic countries and the type of parties and leaders elected in those that are democratic.
member
Activity: 115
Merit: 14
March 04, 2021, 01:44:37 PM
It is not all about money, it just looks like those people with fortunate life or those rich people became good at laws just because of knowledge and not of money. If you have good knowledge then there would be no problem in terms of that thing because knowledge is always the asset for every aspect of our lives.

I agree with you that knowledge is very important, but we need to be objective here. There are a lot of smart people who are not rich. Most university professors have a lot of knowledge and are smart but are definitely not rich. The salary for the professors is very small for what they could be earning in industry jobs. Also there is a lot of rich families who are rich because their grand parents and so on. So there will also be some dumb people who are fairly rich.
There is a correlation between smart but also unethical but also smart and not wanting, there are different types of smart. So, you need to be "smart to be rich" but you do not need to be "rich to be smart" which means almost all rich people are some sort of smart, not academics smart maybe but still some type of smart, also there are some people who are smart but unethical like Jeff Bezos who doesn't pay a single cent in federal taxes and his workers are paid so little and works so hard that they do not even have a proper bathroom breaks and apply for food stamps that is paid by federal government, so basically amazon costs money to tax payers, just so Jeff Bezos gets richer.

But there are people who found some cancer treatment and got rich, maybe not Jeff Bezos rich but still rich, those deserved it and they are ethical as well and also smart. Basically rich people are always some type of smart, even if not academic type of smart it would still be smart.
sr. member
Activity: 2660
Merit: 339
March 02, 2021, 03:37:19 AM
Why do you want the riches of others?
You could get out of poor by developing your skills and working hard.
The richest men of today and of all time were not born in a bed of gold they worked hard to make their dream come true, they persisted and they achieved it.
If you focus on your goals and work hard for it. You would not notice your poverty because you will be rich in ideals to fulfill.
Happiness does not come from wealth, it comes ready to enjoy every day of your life.
Technically speaking there is a finite amount of money, sure it gets more and more over time but there is a set amount at any given time, when you get richer people do not create money out of thin air to make you rich. Which means if you want to get super rich, have 1+ billion dollars, that means that money should come from somewhere and more often than not, super rich people do not share money with others and make them richer, usually those richer people become richer by getting smaller amounts for a lot of people.

This is why I think it is obvious that poor people should want money from rich people, that is how it works, there is no other way, if you want rich people to get richer by not hurting other people that would be fine, but since that doesn't exist this is why rich people should pay super high taxes so that they could end up helping people somehow.
hero member
Activity: 1582
Merit: 523
February 28, 2021, 06:40:38 PM
Rich have too much because they are hard working people. Some poor becomes poor due to lack of knowledge, no
hard work and patience in life. It’s easy for the rich to have what they have since they are earning it already. Those wealthy people what comes at first is they invest their money to grow than thiking luxury in life. What poor need is knowledge and hard work not the money of rich people.
full member
Activity: 1190
Merit: 123
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February 28, 2021, 04:18:13 PM
Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!
Funny how you want the rich to share their riches with you, don't forget most of them worked really hard to get the money they have today, most of them have been in your shoes before and they worked hard to get to the level of life they are right now, so instead of waiting for the so called Nedd laws to happen, why not try working harder and push yourself, till you're also rich then maybe you can try sharing the money you have stored btw the poor people.
If the rich make money and still have to distribute it to the poor, then who will be rich, just wait for others to give the money.
Beats me Cheesy
There will always be the highs and lows, the rich and poor, we just have to move on and try to earn ours instead of waiting for the rich to distribute their wealth.
hero member
Activity: 1302
Merit: 532
February 28, 2021, 03:15:24 PM
It is not all about money, it just looks like those people with fortunate life or those rich people became good at laws just because of knowledge and not of money. If you have good knowledge then there would be no problem in terms of that thing because knowledge is always the asset for every aspect of our lives.
I did not understand what you are trying to tell, someone who is an expert in law can be rich ?  Roll Eyes. There are two ways to make money, work hard and study hard and you can make a good career if not if you are smart enough then you will identify something that is required for the masses and if you can come up with a business then you can be successful. In both you need luck determination and hard work to be successful .
legendary
Activity: 3234
Merit: 1214
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February 28, 2021, 01:11:09 PM
The plan is good, but it'll fail on execution. Just think there is five persons a,b,c,d,e. Among the five 'a' is rich, 'b' is poor, 'c' middle class, 'd' is the government and 'e' is the official who is responsible to share equally taking the funds from 'a.' What will happen now. 'a' gives little bribe to 'e' and submits less than what is available with him. Here the government 'd' takes away certain percentage as tax and for its need. Now among poor 'b' and middle class 'c' give little as possible to 'e' to provide them with big amount. Finally one who benefit is 'd' and 'e' than others. This is how bribe happens and fair distribution won't happen forever and ever.
full member
Activity: 231
Merit: 102
February 28, 2021, 12:04:40 PM
Yes, huge problem. It is even worse that middle class is actually becoming poor and not middle class anymore. I hope we won't come in situation that ww3 will start because of inequality that's is going to happen. Maybe I am exaggeratin a little bit, but trough history we know many revolutions happened because of simmilar situations.
legendary
Activity: 3752
Merit: 1864
February 28, 2021, 09:39:13 AM
The people lockdown really affected during the pandemic are poor people, who don't want to invest in the right time before the covid-19 took over the country economy. Even though there is a law for rich to feed the poor, the poor cannot maintains the position because they don't have the ability to become rich or what it takes to keep the rich position function on the time.
Many wealthy investors has started investing on bitcoin for them to move to their next level with massive profit, that will make people to rate them as the richest in the country. But the poor ones are still waiting for the price of bitcoin to reduced from $47k to $5k before they can invest.

It is also worth mentioning that it is the rich who generate a noticeable share of taxes that support the poor through state structures - free medical care, social benefits, pensions, benefits, food folders, etc. - this is all done FOR TAXES, which are paid by those who work, receive income and, accordingly, are richer than the disadvantaged and the poor
full member
Activity: 2184
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February 28, 2021, 05:58:01 AM
The people lockdown really affected during the pandemic are poor people, who don't want to invest in the right time before the covid-19 took over the country economy. Even though there is a law for rich to feed the poor, the poor cannot maintains the position because they don't have the ability to become rich or what it takes to keep the rich position function on the time.
Many wealthy investors has started investing on bitcoin for them to move to their next level with massive profit, that will make people to rate them as the richest in the country. But the poor ones are still waiting for the price of bitcoin to reduced from $47k to $5k before they can invest.
legendary
Activity: 3752
Merit: 1864
February 28, 2021, 05:14:22 AM
Rich have too much !!'
Nedd laws the money u dont use long time will be taken and goved to poor

Lets take and share to poor more taxes and taxes % to me im poor
Time for revolution !!!

Yeah.. they tried that in Venezuela and look at where they are right now. This strategy could have resulted in limited success a few decades ago. But nowadays it is very easy to move your assets from one country to another and to attain citizenship of smaller island nations where there is no income tax. If the government introduces confiscatory tax policies, then the rich are going to simply migrate to some other country, where the tax rules are more sane. And let's not forget what happened in France after François Hollande introduced the 75% tax for super-rich.


Venezuela is not exactly a good example. The problems in Venezuela are associated with the lack of economic diversification (oil and only oil formed the basis of the country's budget, and the fall in oil prices sharply nullified everything that was achieved, including all social programs that were quite good), plus the dimwitted Hugo Chavez with his program "Bolivarian socialism" put a fat point on the happy life of Venezuelans ....
I disagree, Venezuela is the perfect example of what happens when something like what the OP is proposing gets implemented, Venezuela did not started in the same state that it was today, it had a good economy, obviously things were not perfect but it worked as a country, then confiscatory policies were passed that either taxed the productive members of society too much or outright stole from them everything they had, for a time together with their huge oil income Venezuela seemed to be doing well, but once that money ran out they depended solely on the income they got from oil and when that went down too they got in the desperate situation they are now.

Perhaps you did not quite understand me. I wanted to say that the main reason for the collapse of Venezuela is not that there were very rich who did not want to share with the very poor. Not. This country had 2 key problems:
- an economy absolutely dependent on the oil price (this problem "hit first")
- Chavez's policy of "nationalizing" the oil industry and switching to a "socialist path" without recognizing private property and a competitive market (we are not talking about his other "oddities"). This is already the second "step" to today's problems, by this moment the economy had fallen into disrepair, and people liked the fairy tale "about national happiness" from a populist through, in fact, a ban on private business and external investment

There was no greed, there were strategic miscalculations in the economy, and "socialist idiocy" that promised "happiness to everyone." And the inhabitants of Venezuela themselves are to blame for this number. it was they who gave their votes and supported Chávez's policies. This experience is very negative and very expensive. I hope the population, having lived on $ 5 a month, will turn on their brains and next time they will think before supporting a populist liar
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