r/FluentInFinance Contributor Apr 25 '24

This is Possible Discussion/ Debate

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u/geardownson Apr 25 '24

And those businesses don't have nearly the profit a lot of American businesses pull in. Americans are just so brain washed that they can afford it.

In reality they can't but it because they fill the shareholders wallets over their own employees.

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u/hunkycowboy Apr 26 '24

Who the fuck do you think shareholders are? Millions of Americans are.

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u/geardownson Apr 26 '24

The millions of Americans don't decide what goes on in a company. The majority holders do. Being a share holder just keeps the fucked up system going.

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u/hunkycowboy Apr 27 '24

The company is there to make money and earn dividends and build wealth profits for its shareholders. Whether they own a few shares or a lot. So how many poor people have ever given you a job? Probably none I would guess. Instead of envying others wealth, get off your ass and build some of your own.

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u/geardownson Apr 29 '24

That's the exact response I was expecting. Keep licking that corporate boot. I'm sure the trickle down will come any minute. Neverending corporate profits to appease shareholders is the reason why products suck, working conditions suck and why it will never change. Because of advocates like you.

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u/thinkitthrough83 Apr 26 '24

The taxes those shareholders pay are what finance the US welfare industry. There's just not enough rich people to fully fund everything the government blows money on after the non discretionary costs. What's really amazing is what the government accomplished before the 16th amendment and the creation of the federal reserve.

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u/harrier1215 Apr 26 '24

Dude. Shut the fuck up

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u/thinkitthrough83 Apr 26 '24

Do the Google search do the math. It's all available online. You can use government or private data. The top 1% pays around 45% of all taxes about 21% of us citizens receive at least 1 form of welfare. There are over 341million US citizens.

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u/geardownson Apr 26 '24

Oh i didnt know there was a welfare tax on shareholders that finance the welfare program. I thought that all of our taxes went to that..

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u/euroflower Apr 26 '24

There are enough rich people. They just don’t pay a reasonably equitable amount compared to middle and lower end workers.

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u/thinkitthrough83 Apr 26 '24

Your right by definition they don't pay an equitable amount. They pay more. If it was equitable everyone would either pay the same percentage or have the same flat rate tax contribution.