Study: 82% of World’s Money Was Made by the Top 1% Last Year

Nomad

Nomad

Every trumper is a N4T.
So, tell us again about why wealthy corporations needed Trump's huge windfall tax cut in order to survive, prosper and expand...

Study: 82% of World’s Money Was Made by the Top 1% Last Year

Eighty-two percent of the money made last year went to the richest 1 percent of the world’s population, according to a report by anti-poverty charity Oxfam. With these numbers, the charity claimed that the gap between the global rich and poor has further increased. “Tax evasion, firms’ influence on policy, erosion of workers’ rights, and cost cutting” were the identified factors that contributed to the growing disparity. In this year’s report, the richest 42 people in the world had as much wealth as the poorest half. “However you look at it, this is an unacceptable level of inequality,” said Oxfam Chief Executive Mark Goldring. The report’s release is coincides with the World Economic Forum in Davos, where issues of inequality are discussed but “fade away at the first resistance,” said Goldring.
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Average people who vote Republican are mindless sheep.
 
Nomad said:
So, tell us again about why wealthy corporations needed Trump's huge windfall tax cut in order to survive, prosper and expand...

The top 1% includes individual income earners, not corporations.

But the answer to your question is to make American corporations competitive to keep from losing jobs abroad and to give an incentive for Apple and other corporations to bring home the trillions stashed abroad. If you read about the benefits, raises, and bonuses it is also helping American workers.
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Flash said:
The top 1% includes individual income earners, not corporations.
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No shit. Mostly as upper mgmt and directors of large corporations.

And together they own 82% of the wealth worldwide.

So tell us why they so desperately need their taxes cut in order to survive.
 
Nomad said:
So, tell us again about why wealthy corporations needed Trump's huge windfall tax cut in order to survive, prosper and expand...



Average people who vote Republican are mindless sheep.
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And what have Dems done differently? In CA they raised the gas tax 18 percent (I believe) and who do you think that hurts the most?

Wanna know how much gas prices have stored since? Bet you don't.
 
Flash said:
Nomad said:
So, tell us again about why wealthy corporations needed Trump's huge windfall tax cut in order to survive, prosper and expand...

The top 1% includes individual income earners, not corporations.

But the answer to your question is to make American corporations competitive to keep from losing jobs abroad and to give an incentive for Apple and other corporations to bring home the trillions stashed abroad. If you read about the benefits, raises, and bonuses it is also helping American workers.
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dear fucking idiot

not all CEOs are Americans


fuck you very much
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Nomad said:
No shit. Mostly as upper mgmt and directors of large corporations.

And together they own 82% of the wealth worldwide.

So tell us why they so desperately need their taxes cut in order to survive.
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You say no shit, yet you wrote tbis

So, tell us again about why wealthy corporations needed Trump's huge windfall tax cut in order to survive, prosper and expand.

Idiot
 
Yaya said:
And what have Dems done differently? In CA they raised the gas tax 18 percent (I believe) and who do you think that hurts the most?

Wanna know how much gas prices have stored since? Bet you don't.
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and what did they do with the money idiot


fix the air and promote public transit
 
Flash said:
But the answer to your question is to make American corporations competitive to keep from losing jobs abroad and to give an incentive for Apple and other corporations to bring home the trillions stashed abroad. If you read about the benefits, raises, and bonuses it is also helping American workers.
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Bullshit.

If they already own 82% of the world's wealth, they aren't hurting, they don't need to ship jobs or stash money overseas,they and they don't need a fucking tax cut.

They can already afford to do all those things for their employees, still be unGodly wealthy and still make a large profit.

This is all about GREED.
 
Yaya said:
And what have Dems done differently? In CA they raised the gas tax 18 percent (I believe) and who do you think that hurts the most?

Wanna know how much gas prices have stored since? Bet you don't.
Click to expand...

If the companies the average person works for weren't so GREEDY the 18% gas tax wouldn't hurt anybody.
 
Yaya said:
You say no shit, yet you wrote tbis

So, tell us again about why wealthy corporations needed Trump's huge windfall tax cut in order to survive, prosper and expand.

Idiot
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Your idiotic post makes zero sense.

Just like all your other posts.

Idiot.
 
Nomad said:
Bullshit.

If they already own 82% of the world's wealth, they aren't hurting, they don't need to ship jobs or stash money overseas,they and they don't need a fucking tax cut.

They can already afford to do all those things for their employees, still be unGodly wealthy and still make a large profit.

This is all about GREED.
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You are confusing the 1% with corporations. It is the individuals like Warren Buffet who own the wealth. If corporations weren't hurting you wouldn't see many of those closing stores or going out of business. If foreign companies pay less taxes and have less environmental controls they can sell products cheaper than the U. S. Make it easier for U. S. corporations to compete and more workers will be gaining wealth also.

Why would anybody bring money home and have to pay 35% taxes when they can stash it abroad and use lower interest rates to build plants abroad?

Remember, consumers control corporations. If you think they are too greedy abstain from buying cell phones, TVs, new cars, going to restaurants and movies...they would be gone just like all those Sams, Macys, Sears, Penneys, and other stores that closed. They didn't close those stores because they were making high profits.
 
Nomad said:
Average people who vote Republican are mindless sheep.
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Agreed. But, in the interest of objectivity, what exactly has your party done about the wealth inequality issue? Because, from where I sit, it looks like most elected Democratic officials are just as happy to jump in the pockets of the wealthy as the Republicans. I mean, nominating a corporatist who sat on the board of Walmart for president pretty much made the intentions of the DNC explicitly obvious to everyone but diehard partisans. Not to mention, that corporatist's main opponent in the primaries was a principled social democrat who spent his entire campaign screaming his lungs off about said staggering wealth inequality.
 
TrippyHippy said:
Agreed. But, in the interest of objectivity, what exactly has your party done about the wealth inequality issue? Because, from where I sit, it looks like most elected Democratic officials are just as happy to jump in the pockets of the wealthy as the Republicans. I mean, nominating a corporatist who sat on the board of Walmart for president pretty much made the intentions of the DNC explicitly obvious to everyone but diehard partisans. Not to mention, that corporatist's main opponent in the primaries was a principled social democrat who spent his entire campaign screaming his lungs off about said staggering wealth inequality.
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A "principled social democrat" who is in the top 1%. His socialism was mostly rhetoric to attract foolish voters.
 
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