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Michelle: We Have to Think Now About ‘How Wealth Is Distributed’


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2 hours ago, TBHWT said:

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Wednesday on her new podcast, former First Lady Michelle Obama called the coronavirus pandemic an opportunity to think about “how wealth is distributed.”

 

“And that’s something that we need to, that’s a part of that reflection, that we need to do, you know. With ourselves, and, and as a community,” Michelle mused.

 

“And we have to think about that, in terms of how wealth is distributed. You know, how, how these essential people are supported. And what does that mean? A lot of these people are broke. They don’t have health insurance.” She added that “We have to think about the people who are not from this country, who are essential workers” too, and that we can’t make budget cuts or poor kids won’t get school lunches.

 

Later she stated condescendingly and self-righteously, “Always with great opposition, because you’re asking people to sacrifice, to give up, things that, that they think they deserve, that they’re entitled to for the sake of the greater good.”

 

She and her radical Marxist husband are worth an estimated $70 million. How much of that does she think they’re entitled to, and how much are they giving to illegal alien essential workers for the greater good?

 

 

Wealth distribution, and EVERYTHING THAT ENCOMPASSES,  MUST BE our #1 priority.  If not, the all-consuming fire.

 

 

 

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She IDLED him?  You mean like one idles an F-150?  Put him in neutral and let his engine run? Mama singlewide should sent her young peckerwood to school.methinks.

Wealth is NOT distributed, It's earned.

PLUCK PLUCK PLUCK!   XO is RUNNING!

4 minutes ago, Scout said:

 

And I saw GOP racism cast upon Obama in perhaps our nation's largest embarrassment.  

Ooops, I forgot about them selecting the pussy grabber idiot - THAT is our largest embarassment.

 

Our largest embarrassment was Obama being elected.

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1 minute ago, Scout said:

 

THIS kind of SHIT policy got us in this mess in the first place - where Warren Buffett

pays a smaller percent of his income in taxes then his aide. 

Easy fix.    Capital gains should be taxed at the same level as earned income.    

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1 hour ago, Whitemajikman said:

I disagree.

The wealth gap should be a non-issue that is being used purely for political reasons and has no basis in reality.

The entire concept is nothing more than a false premise used to radicalize and stir up the less fortunate of any given society by using their human trait of jealousy against them......

It's a way to destabilize nations in order to usher in communism....

And unfortunately the Dems have become the harbingers of this .....

Trump just didn't win an election ....he destroyed the false facade of the Dem party which now is pushing full blown communism out in the open .....

 

Written like a true slave to Russian oligarchs

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Just now, Butthead said:

Clearly not.    That would encourage more spending to save tax more on taxation.  We did the same thing with fast depreciation on capital expenditures and it made the economy boom 20 years ago.    The mistake made was that they didn't address the deferral aspect of tax havens at the same time.   This would be a real time credit with no long-term positive for business owners.   

 

I think we should set up a law in the US such that no more than some X % amount of the nation's wealth will 

be funneled to the wealthiest. The wealthiest's taxes will be refunded to the poorer when they exceed some certain amount.... 

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2 minutes ago, Butthead said:

Easy fix.    Capital gains should be taxed at the same level as earned income.    

Lol it would be easy if the Republicans would permit it.

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4 minutes ago, Butthead said:

Easy fix.    Capital gains should be taxed at the same level as earned income.    

 

I think the easy fix would be to eliminate trusts and make 70% Estate Tax.  

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1 hour ago, BeAChooser said:

 

Like I said when Obama was first elected, she and him are COMMUNISTS.   Fabian Socialists.   In other words, stealth COMMUNISTS.  

 

Say, TBHWT, did you see that Bernie Sanders has proposed a *one-time* (do you believe that?) 60%!!!!! tax on billionaire's WEALTH?

 

The future of this country is in the balance this election.

 

If the younger generation make it possible for Biden (or more precisely, whoever is pulling his strings) to win this fall, they will deserve what happens to them and their children.

 

Just saying ...

Bernie isn't running, dipshit!

 
 
 

 

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7 minutes ago, Butthead said:

Easy fix.    Capital gains should be taxed at the same level as earned income.    

 

That isn't sufficient.  

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Just now, Butthead said:

Easy fix.    Capital gains should be taxed at the same level as earned income.    

 No, these billionaires are global....

Once you do that there is no stopping them from removng their wealth from America and moving it to another country which will ultimately serve their needs.....

 

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7 minutes ago, Scout said:

 

I think the easy fix would be to eliminate trusts and make 70% Estate Tax.  

Sure fire method of consolidating wealth even faster.   Force people to sell their dead parents assets to be able to afford the tax and who accumulates those assets?    The rich people that can afford it.  Maybe if you eliminate depreciation schedules altogether it could be pulled off, but it would drive a lot of middle class people into poverty with that approach.  

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Just now, Whitemajikman said:

No written by a person who has seen first hand how radicalism has destroyed every country it touches.

 

 

 

These are the words of a guy who has seen very little....radicalism or otherwise.  

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3 minutes ago, XavierOnassis said:

He did no such thing, dipshit.

In the first few months of the president's term, Obama repeatedly did speak of America's past mistakes in a series of appearances, several of which fell in foreign countries.  

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2 minutes ago, Butthead said:

Sure fire method of consolidating wealth even faster.   Force people to sell their dead parents assets to be able to afford the tax and who accumulates those assets?    The rich people that can afford it.  Maybe if you eliminate depreciation schedules altogether it could be pulled off, but it would drive a lot of middle class people into poverty with that approach.  

 

Middle class won't pay Estate Taxes so it will not affect them.  

We will make a $15 mil starting point or something.  :) 

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Just now, AnotherJim said:

In the first few months of the president's term, Obama repeatedly did speak of America's past mistakes in a series of appearances, several of which fell in foreign countries.  

You never takes sides against the family.

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Just now, Butthead said:

Oh, that can just be fixed with an exit tax.     Didn't you get the memo that taxes are the solution to everything?  

Except it if you did your research most billionaires and the wealthy have already moved their wealth to safe havens abroad .

 

 

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1 minute ago, Whitemajikman said:

Except it if you did your research most billionaires and the wealthy have already moved their wealth to safe havens abroad .

 

 

 

Whiteman has intimate knowledge of such things!

 

:D 

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