Top Earners in America Pay Just 16% Income Tax

[Centurion1]

well.... Thank GOD we have the american dream... You know, working your arse off to against all odds maybe one day have a glimpse of what the rich people have...

it's not like you need things like health care or vacation, no, you have the DREAM!!!

lol id rather have my current american standard of living rather than your Scandinavian one no matter how high it is touted.

Jabarto you need to look at all the facts. Do you know that as CR the wealthy pay over a third of america's income. And dont be stupid the CEO tax income does far more for the country that some factory worker's tax incomes (if he even pays) to claim otherwise is just silly.

and if you dont like, then leave. You can go to Sweden ad have a vacation and incredibly high tax rates.

and people who make their money from investment deserve it. They took a bigger risk than you probably ever will. And so do people who form a company.

raising capital gains does absolutely nothing except stagnate business.

[jabarto]

and if you dont like, then leave. You can go to Sweden ad have a vacation and incredibly high tax rates.

Don't you think I would have given the opportunity? Sweden is a bitch to get into if you're not part of the EU.

and people who make their money from investment deserve it. They took a bigger risk than you probably ever will. And so do people who form a company.

Of course it's high risk. That's why literally more than 99% of all business founders fail, and your stupid belief in the "self-made billionaire" is full of holes. You know how those people get rich? It's not because they make brilliant management decisions. They get there by hiring the best workers from college to do all that for them. The owners literally do nothing but sit back and profit from the labor of their subordinates.

I'm not saying risk taking shouldn't be rewarded. I'm saying that pretending that people don't get to that top percentile through exploiting others' labor is foolish.

[Seamus Fermanagh]

Of course it's high risk. That's why literally more than 99% of all business founders fail, and your stupid belief in the "self-made billionaire" is full of holes. You know how those people get rich? It's not because they make brilliant management decisions. They get there by hiring the best workers from college to do all that for them. The owners literally do nothing but sit back and profit from the labor of their subordinates.

I'd like to see your source on that figure. There is a high percentage of business failures (a majority in fact), particularly in the first year or two, but I do not believe it is quite that high.

As to hiring others to work for you, do you have a problem with the idea of informed consent? If they offer me X to do a particular job, it is my choice as to whether that's worth it to me or not. You make it sound as though all business owners are "buckra" getting their slavies to do everything while they polish their watch fob. I just dont' see it....

[Beskar]

As to hiring others to work for you, do you have a problem with the idea of informed consent? If they offer me X to do a particular job, it is my choice as to whether that's worth it to me or not. You make it sound as though all business owners are "buckra" getting their slavies to do everything while they polish their watch fob. I just dont' see it....

I believe there is the perfect explanation to help you understand jabarto's points.

[Lemur]

and people who make their money from investment deserve it. They took a bigger risk than you probably ever will. And so do people who form a company.

Equating investment income with entrepenurship is ... novel. I would really hesitate to say that a trust-fund brat like Paris Hilton is of the same value and economic promise as somebody who starts their own business.