Rich have too much - page 5. | Bitcointalksearch.org

Mauser

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Quote from: Trinx01 on February 28, 2021, 03:24:37 AM

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.

Trinx01

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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.

Natsuu

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Quote from: South Park on February 28, 2021, 02:00:49 AM

Quote from: DrBeer on February 27, 2021, 09:52:22 AM

Quote from: Sithara007 on February 03, 2021, 11:37:20 PM

Quote from: OpenCryptoSystem on January 29, 2021, 07:08:13 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 !!!

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.

I disagree with your disagreement. Venezuela is an example of where greed can take you. They start rich and became greed as their leader put a blind eye on economic disadvantages and risk they will take. They build,and build,and build, until they realizes that they consumed more than what they swallow that results to their debt and collapse of their economy.

It is their malpractice, and you can't put blame on others as they are the one responsible for their own mistakes.

South Park

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Quote from: DrBeer on February 27, 2021, 09:52:22 AM

Quote from: Sithara007 on February 03, 2021, 11:37:20 PM

Quote from: OpenCryptoSystem on January 29, 2021, 07:08:13 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 !!!

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.

redsun114

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Quote from: whyrqa on February 23, 2021, 07:40:12 AM

I believe that almost all of us could be classified as rich people, but due to our inexperience, greed or mistrust, some of us have lost this opportunity. In the cryptocurrency market over the past few years, there have been a huge number of opportunities to profitably invest in Bitcoin or Ethereum and become a really very rich person today. Based on this, I believe that a rich person, in most cases, became rich because they are able to make the right decisions and know how to make money.

Inexperience and greed are actually good because no experienced investor would have ever invested in Bitcoins in the early years like 2010 but the inexperienced ones did so and greed is helpful because it makes you want more and more and with Bitcoins actually that's the best thing to have. I still remember when I first came into the Bitcoin world, it was relatively cheap and I wish I had that greed to just buy and hold.

Quote from: jaberwock on February 24, 2021, 09:31:47 AM

On the other hand I think this does encourage the poor to relax and be even more lazier, because not every poor person is in that situation because they are unfortunate instead a lot of people are poor because they never respected the opportunities presented to them and never wanted to work hard.

Good point and each of us are living independently which means we all had the same chances as others and if someone took the better advantage of the situation and opportunity, we cannot blame them for that.

Red Pie

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Quote from: Hydrogen on January 29, 2021, 08:43:07 PM

People don't need money, protests or violence. They need information.

Knowledge which allows them to put current events into perspective. So they need not rely on billionaire owned media, and billionaire funded experts to explain things.

people get everything with knowledge. money shouldn't be a target either. it doesn't matter to be rich. the important thing is to be the right person. If the world were fair, rich people would not make up 3-5 percent of the world. This economic order will collapse in the future with the knowledge and awareness of people. a more free and just world will emerge. I believe you, too. We are the people who will change the future.

DrBeer

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Quote from: tygeade on February 21, 2021, 01:11:07 AM

Quote from: DrBeer on February 20, 2021, 04:55:59 AM

The meaning of the topic is not a bit about taxes. It meant that you should force rich people to "share" their money with the poor. Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. Taxes are PENSIONS, taxes are social assistance, taxes are medicine, and much more. When you retire, you will receive it from taxes that others pay. This is normal practice. But just take your money from your wallet and give it to a lumpenized citizen who simply does not want to work but wants to live well - this is not acceptable, I completely agree here. The principle is simple - if you are not a person with disabilities - WORK! No education - there is a lot of work that does not require higher education or specialized knowledge!

Well, I do agree with you to a degree but that is just an ignorant point of view when you consider how little amount of work available for everyone. Just to make it clear I mean that people who go to college and get a degree fails to find any job in their own place about their own job, most of the time they either go to another career or they just switch places and relocate, and even when they complain about it, they are told "well you shouldn't studied social studies in that case and get a stem degree!!!", why? Why shouldn't they study social studies? What is wrong with psychology? Or art history? They are all very valuable and these people finished colleges for that topic, they should find a job.

On the other side we do not have enough work available for everyone living in all nations, even if every single job was filled and no company was looking for a new worker, there will be unemployed people. So long story short it is not always about "people who want to not work" it is about people who can't find work.

I understood you. Let us be pragmatists and not philosophers? Let me explain - there is always an imbalance between the demand for specialties and the field of education that trains these specialists. If a person CONSCIOUSLY chooses a profession that he simply LIKES, but the person has not found the strength to evaluate the market and the application of his knowledge after receiving education. This is bad. A person loses time, hope, joins the ranks of the unemployed. Such a final is quite predictable if the input "I like", but there is no assessment "how to use it?" In my country, when the surge in private business began, everyone suddenly decided that the market really needed an accountant. And by 2000, there were so many accountants on the market that no one knew where to put them. In addition, the massive "training for accountants" has collapsed the labor market for this profession. And then for many years, there were a huge number of accountants who were forced to work for a penny or even sit without work. This also happens. Therefore, when making plans for training, it is always necessary to assess the labor market. I hope I clearly explained my idea on this issue.

newwest

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The disparity will always exists, what can be done only thing is that try and implement some education systems for the poor people in a free manner so that at least they are little educated to do some sort of work and do not need to beg or depends upon others. atleast they can get some job somewhere or be a daily wage earner which will help them to atleast have the respect for themself where they work and earn and not just ask for free.

Natsuu

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Quote from: DrBeer on February 23, 2021, 11:33:10 AM

Quote from: Natsuu on February 20, 2021, 08:03:12 PM

Quote from: DrBeer on February 20, 2021, 04:55:59 AM

Quote from: bryant.coleman on February 15, 2021, 01:46:59 PM

Quote from: darewaller on February 15, 2021, 01:31:05 PM

Rich should give money to poor? That's how it should be but that is never going to happen. One thing if ever I believe should happen is, there should be highest tax on the biggest earners and lowest possible tax on the lower earning people which ultimately helps the poor earn more and cuts of some extra from the rich and serves the same purpose as rich giving to the poor, indirectly.

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.

The meaning of the topic is not a bit about taxes. It meant that you should force rich people to "share" their money with the poor. Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. Taxes are PENSIONS, taxes are social assistance, taxes are medicine, and much more. When you retire, you will receive it from taxes that others pay. This is normal practice. But just take your money from your wallet and give it to a lumpenized citizen who simply does not want to work but wants to live well - this is not acceptable, I completely agree here. The principle is simple - if you are not a person with disabilities - WORK! No education - there is a lot of work that does not require higher education or specialized knowledge!

Your thoughts have ups and downs. Yes, I agree that it is not acceptable for those lazy-ass to just sit tight, and wait for money to come by their way, only for them to spend it to beers and any other things unnecessary. BUT, there are other POOR that works really hard, yet barely able to financially buy their needs, and that is in blame of the capitalist system. Privileges are not for everybody, there are people given that since birth, and others just not have it. We can easily say and tell them to FIND SOME WORK, even if you don't have education, but are we really seeing the bigger picture, as we pout this thing indiscriminately?. Cause there are many factors affecting someone to not have a job, not just education!

Truly poor ... Yes, I absolutely agree with you. There are really poor countries where poverty is a "tradition" or a bad habit. But there are reasons for this. Take the TOP 10 poorest countries for example. Tell me - what unites them? As a rule, these are totalitarian regimes or their legacy. Or the countries "ran away from capitalism towards socialism, but stumbled half way." Poverty in these countries has an explanation and a reason. One of the main reasons is the lack of normal stable governance in the country, the legal framework and guarantees for investors. No offense will be said to them, but over the past decade, these countries have greatly degraded, the economy has been destroyed, the financial system has been destroyed, investment attractiveness is zero. In these countries there WILL NOT be a less secure life until they change their situation. And no matter how much money they are given, they will either be stolen or simply devoured. It makes no sense to give them money just like that - they will simply "burn out". Money should be invested in educating the population, invested in economic development, but not be eaten. And until they themselves want it and correct the situation inside, the situation will not change.

Though, I am not talking about the economic stability of a country in my reply. I talked about people who are POOR for some undefined reason, not just because of them not having education. These happens even in 1st world countries, its just that they are being covered up by the outer layer of the society, where it is fancy and rich.

DrBeer

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Quote from: Sithara007 on February 03, 2021, 11:37:20 PM

Quote from: OpenCryptoSystem on January 29, 2021, 07:08:13 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 !!!

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 ....

verita1

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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.

lienfaye

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Quote from: Vishnu.Reang on February 25, 2021, 01:59:49 PM

Quote from: jaberwock on February 24, 2021, 09:31:47 AM

So if that's actually happening its good for the society I think. As long as the society is working towards bringing some kind of equilibrium between poor and the rich, I think we are moving in the right direction. Being a rich as you said you pay 35% taxes, you might feel that there should be more taxes on the poor and its being unjustified for you to pay the high taxes.

On the other hand I think this does encourage the poor to relax and be even more lazier, because not every poor person is in that situation because they are unfortunate instead a lot of people are poor because they never respected the opportunities presented to them and never wanted to work hard.

In today's world, if you remain poor then it is your own fault. Two decades back, for the poor people it was very difficult to get good education and skill training. But that has changed as high speed internet has reached every nook and corner of the world. A lot of educational and training material is available online and to access them, all you need is a cheap smartphone and a decent mobile data subscription. Just want to end my post with the famous quote from Bill Gates:

“If you are born Poor its not your mistake, but if you die poor its your mistake”

Indeed, maybe some people are poor because they're born that way. However it doesnt mean you cant lift your status in life, we just need to work hard and use whatever skills we have to earn money. Plus dont rely on someone else's help, dont be lazy to always count to others.

Some rich people were not born that way, its just the result of their hardwork and dedication. So if they can do it probably poor people can do the same too as long as they're determine to improve their life.

jaysabi

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Quote from: jaberwock on February 24, 2021, 09:31:47 AM

Quote from: bryant.coleman on February 15, 2021, 01:46:59 PM

I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.

So if that's actually happening its good for the society I think. As long as the society is working towards bringing some kind of equilibrium between poor and the rich, I think we are moving in the right direction. Being a rich as you said you pay 35% taxes, you might feel that there should be more taxes on the poor and its being unjustified for you to pay the high taxes.

On the other hand I think this does encourage the poor to relax and be even more lazier, because not every poor person is in that situation because they are unfortunate instead a lot of people are poor because they never respected the opportunities presented to them and never wanted to work hard.

This is such a lazy generalization. When you can guarantee equal access to opportunities, then you can make overly broad generalizations about how poor people are poor only because they don't want to work. But only the privileged classes are so ignorant of reality to have such a misconception.

Vishnu.Reang

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Quote from: jaberwock on February 24, 2021, 09:31:47 AM

So if that's actually happening its good for the society I think. As long as the society is working towards bringing some kind of equilibrium between poor and the rich, I think we are moving in the right direction. Being a rich as you said you pay 35% taxes, you might feel that there should be more taxes on the poor and its being unjustified for you to pay the high taxes.

On the other hand I think this does encourage the poor to relax and be even more lazier, because not every poor person is in that situation because they are unfortunate instead a lot of people are poor because they never respected the opportunities presented to them and never wanted to work hard.

In today's world, if you remain poor then it is your own fault. Two decades back, for the poor people it was very difficult to get good education and skill training. But that has changed as high speed internet has reached every nook and corner of the world. A lot of educational and training material is available online and to access them, all you need is a cheap smartphone and a decent mobile data subscription. Just want to end my post with the famous quote from Bill Gates:

“If you are born Poor its not your mistake, but if you die poor its your mistake”

Dragonfund

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Quote from: pankowri on February 21, 2021, 12:21:00 PM

Rich have too much is the reality because there are some factor works. These factors are rich already knew well how can they gain and what strategy. And the other is they already engage the maximum way which can be interested in others. They use ordinary people's merit and labor to get more profit by giving low salaries. Maximum of them use dishonest mentality to fix own position. So they are eligible for more money.

You made me to remember a phrase that says keep them poor, dont make them rich rather llow them to work for you and pay them their labour and wages in return. The rich always want to be at the fore front of profit and hence they will try all posible means to outsmart the poor level that's why there aim is to keep accumulating profit.
The way life is created, it has never been fair. It's left for the average person to aim higher and improve on how to get to the top. Most riches today weren't day success.

jaberwock

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Quote from: bryant.coleman on February 15, 2021, 01:46:59 PM

I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.

So if that's actually happening its good for the society I think. As long as the society is working towards bringing some kind of equilibrium between poor and the rich, I think we are moving in the right direction. Being a rich as you said you pay 35% taxes, you might feel that there should be more taxes on the poor and its being unjustified for you to pay the high taxes.

On the other hand I think this does encourage the poor to relax and be even more lazier, because not every poor person is in that situation because they are unfortunate instead a lot of people are poor because they never respected the opportunities presented to them and never wanted to work hard.

Sithara007

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Quote from: South Park on February 23, 2021, 10:02:46 PM

And you will be right on that assumption, long time ago I read a study that basically said that most of those that are rich today are new rich, basically they did not got their wealth because a rich family member gave it to them, they got rich because of their own effort and ingenuity and the moment you take away what it is rightful theirs then that is when the economy begins a path from which the only direction it can take is down, taxes are a way to lower the difference between the rich and the poor but governments waste them and the difference never seems to decrease.

The problem with taxation is that most of the tax revenue is used up for unproductive purposes, such as paying salaries and pensions for government employees and to conduct wars. A very small fraction is being used for the education and medical sectors, which have the capability of pulling people out of poverty. The rich pay more than 50% of their income in the form of various direct and indirect taxes. And they continue to pay taxes on whatever amount that is left after the tax cut, in the form of capital gains tax. The governments need to balance the tax requirements to make sure that successful people are not unduly punished for their success.

South Park

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Quote from: whyrqa on February 23, 2021, 07:40:12 AM

I believe that almost all of us could be classified as rich people, but due to our inexperience, greed or mistrust, some of us have lost this opportunity. In the cryptocurrency market over the past few years, there have been a huge number of opportunities to profitably invest in Bitcoin or Ethereum and become a really very rich person today. Based on this, I believe that a rich person, in most cases, became rich because they are able to make the right decisions and know how to make money.

And you will be right on that assumption, long time ago I read a study that basically said that most of those that are rich today are new rich, basically they did not got their wealth because a rich family member gave it to them, they got rich because of their own effort and ingenuity and the moment you take away what it is rightful theirs then that is when the economy begins a path from which the only direction it can take is down, taxes are a way to lower the difference between the rich and the poor but governments waste them and the difference never seems to decrease.

DrBeer

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Quote from: Natsuu on February 20, 2021, 08:03:12 PM

Quote from: DrBeer on February 20, 2021, 04:55:59 AM

Quote from: bryant.coleman on February 15, 2021, 01:46:59 PM

Quote from: darewaller on February 15, 2021, 01:31:05 PM

Rich should give money to poor? That's how it should be but that is never going to happen. One thing if ever I believe should happen is, there should be highest tax on the biggest earners and lowest possible tax on the lower earning people which ultimately helps the poor earn more and cuts of some extra from the rich and serves the same purpose as rich giving to the poor, indirectly.

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.

The meaning of the topic is not a bit about taxes. It meant that you should force rich people to "share" their money with the poor. Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. Taxes are PENSIONS, taxes are social assistance, taxes are medicine, and much more. When you retire, you will receive it from taxes that others pay. This is normal practice. But just take your money from your wallet and give it to a lumpenized citizen who simply does not want to work but wants to live well - this is not acceptable, I completely agree here. The principle is simple - if you are not a person with disabilities - WORK! No education - there is a lot of work that does not require higher education or specialized knowledge!

Your thoughts have ups and downs. Yes, I agree that it is not acceptable for those lazy-ass to just sit tight, and wait for money to come by their way, only for them to spend it to beers and any other things unnecessary. BUT, there are other POOR that works really hard, yet barely able to financially buy their needs, and that is in blame of the capitalist system. Privileges are not for everybody, there are people given that since birth, and others just not have it. We can easily say and tell them to FIND SOME WORK, even if you don't have education, but are we really seeing the bigger picture, as we pout this thing indiscriminately?. Cause there are many factors affecting someone to not have a job, not just education!

Truly poor ... Yes, I absolutely agree with you. There are really poor countries where poverty is a "tradition" or a bad habit. But there are reasons for this. Take the TOP 10 poorest countries for example. Tell me - what unites them? As a rule, these are totalitarian regimes or their legacy. Or the countries "ran away from capitalism towards socialism, but stumbled half way." Poverty in these countries has an explanation and a reason. One of the main reasons is the lack of normal stable governance in the country, the legal framework and guarantees for investors. No offense will be said to them, but over the past decade, these countries have greatly degraded, the economy has been destroyed, the financial system has been destroyed, investment attractiveness is zero. In these countries there WILL NOT be a less secure life until they change their situation. And no matter how much money they are given, they will either be stolen or simply devoured. It makes no sense to give them money just like that - they will simply "burn out". Money should be invested in educating the population, invested in economic development, but not be eaten. And until they themselves want it and correct the situation inside, the situation will not change.

bryant.coleman

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Quote from: odolvlobo on February 20, 2021, 08:53:10 PM

Quote from: DrBeer on February 20, 2021, 04:55:59 AM

Quote from: bryant.coleman on February 15, 2021, 01:46:59 PM

That's already happening. I am paying around 35% of my salary as tax, while some of my poor neighbors don't pay any tax at all. On the other hand, I am not eligible for any welfare handouts from the government, while the non-tax paying neighbors are automatically eligible. I hardly get anything in return for the taxes I pay. This is how the system works. And in the end, the welfare rats always cry that the rich are not helping them.

... Taxes are a little different. Taxes form budgets that provide social security and other "services" that the state provides, including you. ...

Taxes are implemented as a distribution of wealth -- people with more are forced by threat of violence to give money to people with less. You can't deny it. You are trying to obscure that fact by showing how some people benefit from it and by saying that people get some of there taxes back in benefits.

I give as much as I can to charities in order to keep it away from the government. If I am forced to give my money away, then at least I can decide where it goes by giving it to charities.

Here in my country we have a limit on charitable donations, that are exempted from tax. But I don't usually donate a lot to the charities, because I had some bad experiences in the past. There are only a few charities whom we can trust 100%. Also, there is no option to donate to charities instead of paying taxes. Although the donations (up to a limit) are exempted from taxes, you need to pay tax on the remaining amount of your taxable income.

Topic: Rich have too much - page 5. (Read 3371 times)