Quote:
Originally Posted by crucifissio
heres the thing about money flowing down...most of it does not...
when a rich guy buys a $10 million house, those 10mil are locked there for the next 100 years for example...
a rich guy can buy a shirt...he can buy 100 shirts...but he will not buy 1.000.000 shirts...he will buy a car or 10 cars but not 1000 cars like 1000 people would...so what does he do with the bulk of his money?
invest...long term mostly...long term investments do not trickle down...
most of the money the rich make is not spent but invested...this money trickles up not down in some tax heaven...
I love how they coined the term "horse and sparrow"  if you feed the horse enough oats he will shit some out so the sparrow can eat
this is literally the boldest name for a theory made by a rich guy that I have ever heard, "the poor can eat our shit" LOL |
When a rich guy buys a $10 million house, he owns a company that employs people, who like him pay taxes, go shopping and pay more taxes, as you say he can buy 100 shirts. Pay more taxes and it all trickles down.
Or he can move out of the country and the country gets nothing. Or not be allowed to make so much money, so doesn't and everyone gets the bare minimum.
Spell out what the investment is before stating it doesn't trickle down.
Communism hurts the working class hard. The new Socialism is despised by the Working Class, they have no desire to share more of what have with others.
What we need is people earning enough to buy a $10 million house, by producing goods in the countries they sell the goods. Not making goods abroad and selling them in the First World or gambling a $1 bill is really worth $1.50 and expection the people to bail them out.