RE: Warren Buffet made $12 billion in 2016

RE: Warren Buffet made $12 billion in 2016 (Full Version)

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tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 9:35:28 PM)
The money is hoarded/controlled by the 1%. So basically they are controlling how money is spent... or not.

Wayward5oul -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 10:03:38 PM)
quote: ORIGINAL: tamaka The money is hoarded/controlled by the 1%. So basically they are controlling how money is spent... or not. Nice try at backpedaling, trying to work 'controlled' in there, even though hoarded and controlled are not the same thing. Anyway, this is an indication that you don't have any more idea of what you are talking about now than you did before. Others have posed more specific questions for you. Why don't you go answer theirs. I really don't care to hear any elaboration you may have of the above.

tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 10:14:35 PM)
quote: ORIGINAL: KenDckey Tamaka Why are you against saving money? That is a form of hording. You put it in the bank, get 2% interest or whatever, and they use it for other purposes until you ask for it back. So the money stayed incirculation by the bank. Now if I made the 12B and put it in the bank for them to use and got my $240M in interest I am sure that you might well be upset with me because I didn't give it to my employees, I just put it away in a savings account and lived off the interest. As my doctor says... everything in moderation. Saving some money for a rainy day makes sense. If everyone saved all of their money it wouldn't be good for the economy. Money needs to be circulated in order to keep thd economy going. And it needs to be circulated in a way that benefits our country. Billionnaires not paying taxes and American corporations off- shoring everything, and everyday people buying all their goods imported from China and people paying illegal immigrants to do work.... all of these things aren't helping our economy.

Greta75 -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 10:24:31 PM)
quote: ORIGINAL: tamaka As my doctor says... everything in moderation. Saving some money for a rainy day makes sense. If everyone saved all of their money it wouldn't be good for the economy. Money needs to be circulated in order to keep thd economy going. There are always necessities that people need, so there will never be zero spending and depending on people's spending habits, businesses will evolve to cater to what they prefer to spend money on the most. It may lead to a slower economy but could be a more stable and predictable economy, and prevents debts. I would encourage more saving than spending. I don't think balance is needed in saving.

tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 10:35:58 PM)
We get all of our necessities from China Greta. How does that help our economy?

heavyblinker -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 10:43:25 PM)
quote: ORIGINAL: OsideGirl As for your "money is meant for circulation" comment: He's donated BILLIONS to charities. and will be donating 99% of his assets to charity upon his death. I'm not exactly big on capitalism, but I would much rather see Buffett getting rich than say, someone like Trump, because at least I know that Buffett will do good things with the money. The problem with capitalism is that shitty people are just as good at making heaps of money as he is, and that's not making the world a better place at all. For everyone who gives billions to fight AIDS and improve civil rights, there's a douchebag like Trump who will spend it on diamonds for the floor tiles in his kitchen.

heavyblinker -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 10:48:38 PM)
quote: ORIGINAL: tamaka As my doctor says... everything in moderation. I suggest you apply this advice to the act of being a cunt.

tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 10:51:59 PM)
quote: ORIGINAL: heavyblinker quote: ORIGINAL: tamaka As my doctor says... everything in moderation. I suggest you apply this advice to the act of being a cunt. No i am 100% cunt. Purebred and everything... at least i have the integrity to be honest about myself.

tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 10:54:51 PM)
quote: ORIGINAL: heavyblinker quote: ORIGINAL: OsideGirl As for your "money is meant for circulation" comment: He's donated BILLIONS to charities. and will be donating 99% of his assets to charity upon his death. I'm not exactly big on capitalism, but I would much rather see Buffett getting rich than say, someone like Trump, because at least I know that Buffett will do good things with the money. The problem with capitalism is that shitty people are just as good at making heaps of money as he is, and that's not making the world a better place at all. For everyone who gives billions to fight AIDS and improve civil rights, there's a douchebag like Trump who will spend it on diamonds for the floor tiles in his kitchen. Exactly... i don't think 1% of the people should control where, when, why and how 99% of the money is spent. That is a system of Kings and serfs. Not at all what America was meant to be.

heavyblinker -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 11:08:46 PM)
quote: ORIGINAL: tamaka No i am 100% cunt. Purebred and everything... at least i have the integrity to be honest about myself. I am a complicated person in a complicated world, tamaka. At this point, I'm not telling you anything simply because you seem to want to know.

tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 11:17:13 PM)
You are not that complicated. Believe me. Go see a psychologist for your paranoia issues... seriously.

heavyblinker -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 11:33:04 PM)
quote: ORIGINAL: tamaka You are not that complicated. Believe me. Go see a psychologist for your paranoia issues... seriously. And all I get is a boring old 'go see a psychologist' comment? Lame.

tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 11:44:04 PM)
Well if you want to talk about something more interesting let me know

MrRodgers -> RE: Warren Buffet made $12 billion in 2016 (12/29/2016 11:58:10 PM)
quote: ORIGINAL: tamaka quote: ORIGINAL: OsideGirl quote: ORIGINAL: tamaka quote: ORIGINAL: OsideGirl quote: ORIGINAL: tamaka ... so much for hard work https://www.yahoo.com/finance/news/how-warren-buffett-made-12-billion-in-2016-202017531.html So, you think he didn't work hard to get to where he is? No... i don't. How many long hard hours would nurses, teachers, plumbers, etc have to work to make that kind of money? So your argument is that because someone else doesn't earn as much as he earns, he hasn't worked hard. No... my argument is that no one should be able to make that kind of money. The money he has is way beyond the proportion of any 'Work' he has done. Money is made for circulation. If you mean his returns outweighed his risk, you would be right or that he doesn't contribute to society as say a heart surgeon, you may be right again. But the only solution would be tax it so as to make sure he does contribute and he himself has said that given the tax on labor, he should pay more but will not until he is forced to. That society might be able to argue that say $3 billion or $4 billion so go in taxes as compared to 1040 rates would be a start but imagine getting laws to do that when we are to worship him and the very idea that billion$ can be made. I mean for those in power who think god put us here to make billion$ and you can't...mess with (tax) god.

Greta75 -> RE: Warren Buffet made $12 billion in 2016 (12/30/2016 12:07:29 AM)
quote: ORIGINAL: tamaka We get all of our necessities from China Greta. How does that help our economy? That is not true. You still got your own farming going on in your own country. You grow your own food. I am sure there is still many Made in US things that keeps US going. And there could be more. On top of that, people importing things from overseas to sell in the US, are still Americans right? Jobs can still be created from those actions.

tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/30/2016 12:09:25 AM)
quote: ORIGINAL: MrRodgers quote: ORIGINAL: tamaka quote: ORIGINAL: OsideGirl quote: ORIGINAL: tamaka quote: ORIGINAL: OsideGirl quote: ORIGINAL: tamaka ... so much for hard work https://www.yahoo.com/finance/news/how-warren-buffett-made-12-billion-in-2016-202017531.html So, you think he didn't work hard to get to where he is? No... i don't. How many long hard hours would nurses, teachers, plumbers, etc have to work to make that kind of money? So your argument is that because someone else doesn't earn as much as he earns, he hasn't worked hard. No... my argument is that no one should be able to make that kind of money. The money he has is way beyond the proportion of any 'Work' he has done. Money is made for circulation. If you mean his returns outweighed his risk, you would be right or that he doesn't contribute to society as say a heart surgeon, you may be right again. But the only solution would be tax it so as to make sure he does contribute and he himself has said that given the tax on labor, he should pay more but will not until he is forced to. That society might be able to argue that say $3 billion or $4 billion so go in taxes as compared to 1040 rates would be a start but imagine getting laws to do that when we are to worship him and the very idea that billion$ can be made. I mean for those in power who think god put us here to make billion$ and you can't...mess with (tax) god. I've been throwing around the idea of some type of 'Patriotic Capitalism' idea where certain funds were set up and after paying some basic tax, you could pick how an additional amount was designated but it would be required, not optional.

KenDckey -> RE: Warren Buffet made $12 billion in 2016 (12/30/2016 12:37:31 AM)
quote: ORIGINAL: tamaka quote: ORIGINAL: KenDckey Tamaka Why are you against saving money? That is a form of hording. You put it in the bank, get 2% interest or whatever, and they use it for other purposes until you ask for it back. So the money stayed incirculation by the bank. Now if I made the 12B and put it in the bank for them to use and got my $240M in interest I am sure that you might well be upset with me because I didn't give it to my employees, I just put it away in a savings account and lived off the interest. As my doctor says... everything in moderation. Saving some money for a rainy day makes sense. If everyone saved all of their money it wouldn't be good for the economy. Money needs to be circulated in order to keep thd economy going. And it needs to be circulated in a way that benefits our country. Billionnaires not paying taxes and American corporations off- shoring everything, and everyday people buying all their goods imported from China and people paying illegal immigrants to do work.... all of these things aren't helping our economy. I would like for you explain how billionare aren't paying taxes. They may have enough legal deductions to avoid paying taxes, but then that iss the fault of the tax code and staff of good lawyers and cpa's to find all those deductions. You too can file using whatever duductions you are eligible for and pay your taxes accordingly. The only way to really fix it the way I understand you wanting to do is to eliminate all deductions and everyone pay the same tax based upon a percentage of income. Would simplify the tax laws.

tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/30/2016 12:40:19 AM)
quote: ORIGINAL: KenDckey quote: ORIGINAL: tamaka quote: ORIGINAL: KenDckey Tamaka Why are you against saving money? That is a form of hording. You put it in the bank, get 2% interest or whatever, and they use it for other purposes until you ask for it back. So the money stayed incirculation by the bank. Now if I made the 12B and put it in the bank for them to use and got my $240M in interest I am sure that you might well be upset with me because I didn't give it to my employees, I just put it away in a savings account and lived off the interest. As my doctor says... everything in moderation. Saving some money for a rainy day makes sense. If everyone saved all of their money it wouldn't be good for the economy. Money needs to be circulated in order to keep thd economy going. And it needs to be circulated in a way that benefits our country. Billionnaires not paying taxes and American corporations off- shoring everything, and everyday people buying all their goods imported from China and people paying illegal immigrants to do work.... all of these things aren't helping our economy. I would like for you explain how billionare aren't paying taxes. They may have enough legal deductions to avoid paying taxes, but then that iss the fault of the tax code and staff of good lawyers and cpa's to find all those deductions. You too can file using whatever duductions you are eligible for and pay your taxes accordingly. The only way to really fix it the way I understand you wanting to do is to eliminate all deductions and everyone pay the same tax based upon a percentage of income. Would simplify the tax laws. Sure... a flat tax makes more sense then what's going on now.

Greta75 -> RE: Warren Buffet made $12 billion in 2016 (12/30/2016 1:15:10 AM)
I don't agree with flat tax. It penalises the poor. Infact, I hope US seriously have loads of deductions because it shocks me that people who earn so little money still need to cough out taxes. They are already sooo poor.

heavyblinker -> RE: Warren Buffet made $12 billion in 2016 (12/30/2016 1:27:37 AM)
quote: ORIGINAL: tamaka Well if you want to talk about something more interesting let me know All you have to do is not make it boring. Anyways, because I'm desperate to impress you with my honesty and integrity, tomorrow I'll tell everyone on this totally wholesome BDSM sex site exactly who I am and where to find me, because what could possibly go wrong? It's not like someone's sexual proclivities could ever be used against them if they were a public figure in a conservative community or something.

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