OT: Wealth Redistribution Experiment

[CricketOnTheHearth]

Grapes vs Grape-pickers

In this world there are two main types of people: the grapes and the grape-pickers. Grapes are people who work for their living. They may work 2 or 3 minimum-wage jobs just to make ends meet, they may have worked their way through college like your brother, or they may be a doctor working of $100,000+ in med school loans. The vast majority of grapes earn under $250,000 a year. CEOs of large corporations, and there are about 500 or so of them, are the exception to this.

Then there are the grape-pickers. These are the guys who make their living off “investments”, from dividends that roll in. They are the string-pullers, the ones who push for this law or that law, who move millions of dollars around which influences where the grapes can live, where they can work, and even if they get to work a decent job at all.

It was grape-pickers who engineered this subprime/ald-A/CDOs housing mess, and they made a lot of money off the little grapes they picked– grapes who are now getting laid off, seeing their houses foreclosed upon, or both.

Grape-pickers make up less than 10% of the American population (probably less than 5%, actually) and have something like 50% of the wealth in this country. Obama proposes to “redistribute” the wealth from the grape-pickers to the grapes. The grape-pickers can well afford it– as Warren Buffett, grape-picker extraordinaire, has happily told the media on more than one occasion.

And quite frankly, both server and homeless guy were grapes in this little scenario. Servers’ wages are not much better than minimum wage; they need those tips to survive. The kinder thing in this scenario would have been to give the server his tip and give the homeless guy a $5-spot. Because as is pretty clear from the essay, the guy writing it was a bigger grape than either of them.

[an]

We all know by both tax plans that if you make over $112k, you’ll benefit more with McCain’s plans. Is $112k HOUSEHOLD income consider grape-pickers to you? If you make $112k, you’re in the top 85% household income. So you must be wealthy right? I mean, you’re richer than 85% of Americans.

[an]

We all know by both tax plans that if you make over $112k, you’ll benefit more with McCain’s plans. Is $112k HOUSEHOLD income consider grape-pickers to you? If you make $112k, you’re in the top 85% household income. So you must be wealthy right? I mean, you’re richer than 85% of Americans.

[an]

We all know by both tax plans that if you make over $112k, you’ll benefit more with McCain’s plans. Is $112k HOUSEHOLD income consider grape-pickers to you? If you make $112k, you’re in the top 85% household income. So you must be wealthy right? I mean, you’re richer than 85% of Americans.

[an]

We all know by both tax plans that if you make over $112k, you’ll benefit more with McCain’s plans. Is $112k HOUSEHOLD income consider grape-pickers to you? If you make $112k, you’re in the top 85% household income. So you must be wealthy right? I mean, you’re richer than 85% of Americans.

[an]

We all know by both tax plans that if you make over $112k, you’ll benefit more with McCain’s plans. Is $112k HOUSEHOLD income consider grape-pickers to you? If you make $112k, you’re in the top 85% household income. So you must be wealthy right? I mean, you’re richer than 85% of Americans.

[kewp]

Very ironic given the multi-trillion dollar tax-payer funded bailout of Wall Street tycoons.

If your little story reflected how the real world worked, the tip should have gone to the owner of the restaurant. After all, he’s giving the waiter a job, the customer dinner and the bum outside gets to eat for free out of the dumpster.

[kewp]

Very ironic given the multi-trillion dollar tax-payer funded bailout of Wall Street tycoons.

If your little story reflected how the real world worked, the tip should have gone to the owner of the restaurant. After all, he’s giving the waiter a job, the customer dinner and the bum outside gets to eat for free out of the dumpster.

[kewp]

Very ironic given the multi-trillion dollar tax-payer funded bailout of Wall Street tycoons.

If your little story reflected how the real world worked, the tip should have gone to the owner of the restaurant. After all, he’s giving the waiter a job, the customer dinner and the bum outside gets to eat for free out of the dumpster.

[kewp]

Very ironic given the multi-trillion dollar tax-payer funded bailout of Wall Street tycoons.

If your little story reflected how the real world worked, the tip should have gone to the owner of the restaurant. After all, he’s giving the waiter a job, the customer dinner and the bum outside gets to eat for free out of the dumpster.

[kewp]

Very ironic given the multi-trillion dollar tax-payer funded bailout of Wall Street tycoons.

If your little story reflected how the real world worked, the tip should have gone to the owner of the restaurant. After all, he’s giving the waiter a job, the customer dinner and the bum outside gets to eat for free out of the dumpster.

[GoUSC]

We can talk back and forth about this all but when you historically look at tax plans, whenever there has been an increase in the tax rate there has be a decrease in the revenue brought into the Federal Government. The solution is not taxing the 10% of the population that already pays 70% of all taxes.

Oh and to Mister Grape and Grape-Picker. Obama’s idea that $250,000 constitutes a Grape Picker is bull crap.

My GF and I make combined around $250,000. We will be hit by Obama hard. Are we “rich” living here in San Diego? Certainly not. And yes it pisses me off that Obama wants to take money from me and my girlfriend who have worked very hard to get where we are…taking out school loans to forward our careers, chosing to live below our means and not running ourselves into massive credit card debt…and then have it redistributed to someone who doesn’t work as hard. Just because that’s the “right thing to do”.

The fact is in my career I am able to keep 100-200 people employeed just by doing what I do. Punishing me, in the long run, will only punish the people that work for me as I won’t be able to expend as much capital, grow the business etc. etc.

[GoUSC]

We can talk back and forth about this all but when you historically look at tax plans, whenever there has been an increase in the tax rate there has be a decrease in the revenue brought into the Federal Government. The solution is not taxing the 10% of the population that already pays 70% of all taxes.

Oh and to Mister Grape and Grape-Picker. Obama’s idea that $250,000 constitutes a Grape Picker is bull crap.

My GF and I make combined around $250,000. We will be hit by Obama hard. Are we “rich” living here in San Diego? Certainly not. And yes it pisses me off that Obama wants to take money from me and my girlfriend who have worked very hard to get where we are…taking out school loans to forward our careers, chosing to live below our means and not running ourselves into massive credit card debt…and then have it redistributed to someone who doesn’t work as hard. Just because that’s the “right thing to do”.

The fact is in my career I am able to keep 100-200 people employeed just by doing what I do. Punishing me, in the long run, will only punish the people that work for me as I won’t be able to expend as much capital, grow the business etc. etc.

[GoUSC]

We can talk back and forth about this all but when you historically look at tax plans, whenever there has been an increase in the tax rate there has be a decrease in the revenue brought into the Federal Government. The solution is not taxing the 10% of the population that already pays 70% of all taxes.

Oh and to Mister Grape and Grape-Picker. Obama’s idea that $250,000 constitutes a Grape Picker is bull crap.

My GF and I make combined around $250,000. We will be hit by Obama hard. Are we “rich” living here in San Diego? Certainly not. And yes it pisses me off that Obama wants to take money from me and my girlfriend who have worked very hard to get where we are…taking out school loans to forward our careers, chosing to live below our means and not running ourselves into massive credit card debt…and then have it redistributed to someone who doesn’t work as hard. Just because that’s the “right thing to do”.

The fact is in my career I am able to keep 100-200 people employeed just by doing what I do. Punishing me, in the long run, will only punish the people that work for me as I won’t be able to expend as much capital, grow the business etc. etc.

[GoUSC]

We can talk back and forth about this all but when you historically look at tax plans, whenever there has been an increase in the tax rate there has be a decrease in the revenue brought into the Federal Government. The solution is not taxing the 10% of the population that already pays 70% of all taxes.

Oh and to Mister Grape and Grape-Picker. Obama’s idea that $250,000 constitutes a Grape Picker is bull crap.

My GF and I make combined around $250,000. We will be hit by Obama hard. Are we “rich” living here in San Diego? Certainly not. And yes it pisses me off that Obama wants to take money from me and my girlfriend who have worked very hard to get where we are…taking out school loans to forward our careers, chosing to live below our means and not running ourselves into massive credit card debt…and then have it redistributed to someone who doesn’t work as hard. Just because that’s the “right thing to do”.

The fact is in my career I am able to keep 100-200 people employeed just by doing what I do. Punishing me, in the long run, will only punish the people that work for me as I won’t be able to expend as much capital, grow the business etc. etc.

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