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ORIGINAL: InvisibleBlack

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ORIGINAL: vincentML
Another thing, what's the point in soaking the poor?

Soaking the poor is where the big money is. The trick is not to find a way to get one or two big piles of money. The trick is to come up wth a way to take a little money from everyone regularly. When I got my MBA the case study they used as an example was Wrigley's gum. A stupid pack of gum is 25 cents. Costs next to nothing. Millions of people buy a pack of gum every day. The value of the William Wrigley Jr. Company? 23 billion dollars.

You put a $1 surcharge on everyone's phone bill every month. 50 million households have a phone. Suddenly you're making 50 million dollars a month from taxing the little guy. Yes, the rich pay that $1 too, but there are very few rich households and they don't even notice the one dollar. The 49 million poor households need that dollar more and there are so many more of them that suddenly it's big money.

All of the excise taxes, the sales taxes, cell phone fees, ISP fees, the transportation fees, that surcharges, the gasoline taxes, the energy taxes - any of the "consumption based taxes" - are aimed at the poor. Most people have no idea exactly how much it is they're actually paying in taxes, aside from their income tax - and even if you pay no income tax, you're still being taxed.

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This is your last post of 2009?
lol, that means you will be posting again in about 10 hours?
Happy New Year!

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ORIGINAL: cpK69

I see the situation in the same manner as you appear to; one cannot play “Monopoly” and hope to gain anything toward humanity.

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Much new hope to you in the new year, Subfever.

Kim

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ORIGINAL: Arpig

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I know my views fall on blind eyes and deaf ears for the most part,

If you think your posts fall on deaf ears, try being a socialist on these boards...based on the people on here who are labeled "far left" I must be so far left I have come all the way round to right...[;)]

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ORIGINAL: DrkJourney

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...This is part of why you cannot just "soak the rich". They're smarter and better connected than the people trying to "soak" them. They leave...

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If this is true no one told that Madoff guy.  He took a lot of rich and a lot of famous people to the cleaners, everyone that they mentioned on the list that was made public was way beyond "connected" and look how much money they lost, some lost everything....Steven Spielberg is one I remember that was on the list

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ORIGINAL: InvisibleBlack

quote:

ORIGINAL: vincentML
Another thing, what's the point in soaking the poor?

Soaking the poor is where the big money is. The trick is not to find a way to get one or two big piles of money. The trick is to come up wth a way to take a little money from everyone regularly. When I got my MBA the case study they used as an example was Wrigley's gum. A stupid pack of gum is 25 cents. Costs next to nothing. Millions of people buy a pack of gum every day. The value of the William Wrigley Jr. Company? 23 billion dollars.

You put a $1 surcharge on everyone's phone bill every month. 50 million households have a phone. Suddenly you're making 50 million dollars a month from taxing the little guy. Yes, the rich pay that $1 too, but there are very few rich households and they don't even notice the one dollar. The 49 million poor households need that dollar more and there are so many more of them that suddenly it's big money.

All of the excise taxes, the sales taxes, cell phone fees, ISP fees, the transportation fees, that surcharges, the gasoline taxes, the energy taxes - any of the "consumption based taxes" - are aimed at the poor. Most people have no idea exactly how much it is they're actually paying in taxes, aside from their income tax - and even if you pay no income tax, you're still being taxed.

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I believe that Madoff was able to pull off what he did because he was an insider. Everyone knew he was up to something shady, they just thought he was doing insider trading or some other investment scheme that they could benefit from - which is why they all wanted in. How shocking that, instead, he was bilking his clients.

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ORIGINAL: housesub4you

I tend to agree, the best way to keep the poor from becoming some of the rich...is to keep them fighting amongst themselves, the whole divide and conquer thing.

It works in politics just as it does in every other area of life, just look at the health reform, if those "haves" can keep the "haves not" from forming one voice, the "have nots" will always be that way.

money talks and money can buy opinion, tell you what to think and crush you when you start to be a threaten to it.

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ORIGINAL: subfever

We were talking, about the love that's gone so cold
And the people, who gain the world and lose their soul
They don't know
They can't see
Are you one of them? ... George Harrison