How wealth trickles down for the ignorant among us:Xavier_Onassis » 27 Mar 2023, 3:11 pm » wrote: ↑ Here is an interesting and at least
partially correct observation
That's total ****. You don't know **** about off shore bank accounts, how they are used or what they are even good for.Trumprules » 27 Mar 2023, 3:28 pm » wrote: ↑ Wealthy people put more in off shore bank accounts and its whisked out of the country and never gets spent in America.
Trumprules » 27 Mar 2023, 3:33 pm » wrote: ↑ They had something like 10 trillion dollars in off shore accounts.
What is easy to understand is that the money trickles down less than ever because of tax breaks that have been passed starting with Reagan.Skans » 27 Mar 2023, 3:24 pm » wrote: ↑ How wealth trickles down for the ignorant among us:I could go on and on with example after example, but even a total, communist idiot-pig would understand by now.
- Wealthy people spend more money than poor people.
- When wealthy people spend money, they buy things like big houses, cars, and lots of other stuff - stuff that they must pay people to build
- When wealthy people spend money, they often buy businesses. Businesses employ people.
- When wealthy people invest, they hire people to help them with this - people they need to pay.
- When wealthy people invest, it provides a source of capital for companies to expand (i.e. hire more people), pay larger wages/salaries to get quality people, buy infrastructure - all of which takes people to create.
"They" - WHO DAT???Trumprules » 27 Mar 2023, 3:43 pm » wrote: ↑ Oh I'm sure they hid more money than that. And laundered a bunch more to avoid taxes.
The theory is supply-side economics. Trickle down economics is the name leftists gave it. Leave it to the left to twist things.Xavier_Onassis » 27 Mar 2023, 3:11 pm » wrote: ↑ Here is an interesting and at least
partially correct observation
If benefits got cut here.. I am sure some businesses would close.. And we don't have many to choose from.Skans » 27 Mar 2023, 3:24 pm » wrote: ↑ How wealth trickles down for the ignorant among us:I could go on and on with example after example, but even a total, communist idiot-pig would understand by now.
- Wealthy people spend more money than poor people.
- When wealthy people spend money, they buy things like big houses, cars, and lots of other stuff - stuff that they must pay people to build
- When wealthy people spend money, they often buy businesses. Businesses employ people.
- When wealthy people invest, they hire people to help them with this - people they need to pay.
- When wealthy people invest, it provides a source of capital for companies to expand (i.e. hire more people), pay larger wages/salaries to get quality people, buy infrastructure - all of which takes people to create.
What gets money flowing?PastorBlast » 27 Mar 2023, 4:03 pm » wrote: ↑ If benefits got cut here.. I am sure some businesses would close.. And we don't have many to choose from.
I recently started thinking of money like electrons.. They both need to flow to accomplish anything.
I agree with the concept.Skans » 27 Mar 2023, 4:06 pm » wrote: ↑ What gets money flowing?
- Lower interest rates
- Lower taxes
- Stable world situation
- Countries honoring trade treaties they made.
You ever been hired by a poor person, retard?Xavier_Onassis » 27 Mar 2023, 3:11 pm » wrote: ↑ Here is an interesting and at least
partially correct observation
Xavier_Onassis » 27 Mar 2023, 3:11 pm » wrote: ↑ Here is an interesting and at least
partially correct observation
Trumprules » 27 Mar 2023, 3:42 pm » wrote: ↑ At least $11.3 trillion is held “offshore,” according to a 2020 study by the Paris-based Organization for Economic Cooperation and Development.
urine trickles down your homosexual chinXavier_Onassis » 27 Mar 2023, 3:11 pm » wrote: ↑ Here is an interesting and at least
partially correct observation
I'd nominate this post for post of the day, but as a "newly registered user" who's only been here over a freaking year, I am not allowed to access that function.
and you have proof that every penny they acquire gets put in an offshore account!?Trumprules » 27 Mar 2023, 3:28 pm » wrote: ↑ Wealthy people put more in off shore bank accounts and its whisked out of the country and never gets spent in America.