What The One Percent Doesn't Want You To Know

Inherited wealth and how 60 percent of our national income went to the richest one percent in America. Based on T. Picketty's new book, "Capital", now a bestseller.

https://www.youtube.com/watch?v=QzQYA9Qjsi0

The first thing you need to learn to do is NOT to quote socialists who have never run anything. Also, quit talking about the 1% as if it really exists. The people in the top 1% (or 10%) for that matter tend to change from on generation to the other. Was Bill Gates or Steve Jobs in the 1% twenty years ago? They got there with ideas and if you go out to destroy these "evil" rich people then you make it so no one else can achieve what they achieved in the future. If you think that is a good idea then how about all the millionaires they created from researchers, designers, programmers, marketers, retail owners, to post rollout app designers. Thats the first tier, the second tier is all the carpenters that built their houses, the landscapers who put in their yards, the car maker on the assembly line who has a job because some guy wanted a brand new sports car and there is the provider who services this silicon valley people late at night.

The first thing is to understand how money, business, and the economy works. Reading Picketty is not going to teach you that. It would only teach you how to steal from someone else and give it to someone who didn't earn in order to deal with the guilt that you have.

Maybe you should read the original, Das Kapital (German for Capital). And the name of the book is "Capital in the 21st Century".

You should qualify your use of the term "best seller". A hundred thousand copies in two years is a best seller by the standards of the Harvard Press but pales beside 17 million copies of The Hunger Games.

Bill Gates was there 20 years ago. And you would like to have people think that liberalism is killing the one percent but people still manage to reach that level.

And more spelling and syntax errors abound. But I'm the one who speaks English as a second language...

Exactly who qualifys to be in the 1%.

Exactly who qualifys to be in the 1%. Originally Posted by Jackie S

Top one percent of earners. Tons of doctors. Lawyers. Captain of industry types.

The first thing you need to learn to do is NOT to quote socialists who have never run anything. Also, quit talking about the 1% as if it really exists. The people in the top 1% (or 10%) for that matter tend to change from on generation to the other. Was Bill Gates or Steve Jobs in the 1% twenty years ago? They got there with ideas and if you go out to destroy these "evil" rich people then you make it so no one else can achieve what they achieved in the future. If you think that is a good idea then how about all the millionaires they created from researchers, designers, programmers, marketers, retail owners, to post rollout app designers. Thats the first tier, the second tier is all the carpenters that built their houses, the landscapers who put in their yards, the car maker on the assembly line who has a job because some guy wanted a brand new sports car and there is the provider who services this silicon valley people late at night.

The first thing is to understand how money, business, and the economy works. Reading Picketty is not going to teach you that. It would only teach you how to steal from someone else and give it to someone who didn't earn in order to deal with the guilt that you have.

Maybe you should read the original, Das Kapital (German for Capital). And the name of the book is "Capital in the 21st Century".

You should qualify your use of the term "best seller". A hundred thousand copies in two years is a best seller by the standards of the Harvard Press but pales beside 17 million copies of The Hunger Games. Originally Posted by JD Barleycorn

Not really. Doctors and Business professionals are at the top and have been for quite some time.

http://www.forbes.com/sites/timworst...e-one-percent/

PS - I love it when you talk out of your ass. keep it up.

You forgot the politically connected like the Bloombergs, Obama's, the Kennedy's, and the Clinton's.

You forgot the politically connected like the Bloombergs, Obama's, the Kennedy's, and the Clinton's. Originally Posted by JD Barleycorn

That's about .00000000001 percent.

Exactly who qualifys to be in the 1%. Originally Posted by Jackie S

Good Question. If your are single and you make at least $400,000 per year, you would be taxed at 39.6 per cent. The 39.6 is the tax percentage of the highest tax bracket. I don't know if you could go by job title. For example not all doctors make $400,000 per year.

Good Question. If your are single and you make at least $400,000 per year, you would be taxed at 39.6 per cent. The 39.6 is the tax percentage of the highest tax bracket. I don't know if you could go by job title. For example not all doctors make $400,000 per year. Originally Posted by flghtr65

There was a link in that post to an article. Doctors are perennial favorites at the top of the list. More doctors make that figure than don't.

https://www.youtube.com/watch?v=mII9NZ8MMVM

I thought I would post this for Deb (STD). They will love and it is kind of funny.

There was a link in that post to an article. Doctors are perennial favorites at the top of the list. More doctors make that figure than don't. Originally Posted by WombRaider

And out of that a doctor pays a pretty hefty insurance bill, overhead, new equipment, a nurse and/or receptionist, and they have to go back to school every once in a while as well as buy a home, raise a family, and prepare for retirement. Yeah, doctors make out like bandits....after they pay off their $400,000 in student loans.

That's about .00000000001 percent. Originally Posted by WombRaider

That only makes .31 % of a person. A single person!

And out of that a doctor pays a pretty hefty insurance bill, overhead, new equipment, a nurse and/or receptionist, and they have to go back to school every once in a while as well as buy a home, raise a family, and prepare for retirement. Yeah, doctors make out like bandits....after they pay off their $400,000 in student loans. Originally Posted by JD Barleycorn

I know plenty of doctors in my line of work. Most of them do quite well. I'm not sure why you're singing them such a sad tune. You are worried about the doctors, but the single mom working two jobs to raise her kids, you don't give a fuck about, I guess. Nice to know you at least have sympathy, even if it is misplaced.

That only makes .31 % of a person. A single person! Originally Posted by JD Barleycorn

It wasn't meant to be an actual representation you literal-minded bastard.