Team Hondo takes another hit
Comments
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Maybe it's you that's wrongallpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you. -
I understand what you are saying, and I completely agree with you that there is a link between socio-economics and race. However, it's been almost sixty years since we've passed affirmative action. I'm sorry, but if your family hasn't made it out of poverty in three generations, you kind of have to share in the blame irregardless of race.allpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you.
I also think the 1 in 7 number is bullshit. Unless, they are combining assets of other branches of a family tree. -
Maybe.RaceBannon said:
Maybe it's you that's wrongallpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you. -
That's got to be it.greenblood said:
I understand what you are saying, and I completely agree with you that there is a link between socio-economics and race. However, it's been almost sixty years since we've passed affirmative action. I'm sorry, but if your family hasn't made it out of poverty in three generations, you kind of have to share in the blame irregardless of race.allpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you.
I also think the 1 in 7 number is bullshit. Unless, they are combining assets of other branches of a family tree.
There's something that really stinks about the calculations they're making
The accumulation of white wealth looks set to continue. The average white household, worth about $930,000 in 2016, will accumulate a net worth of more than $1 million by the time the next triennial survey comes out in 2020, Hamilton said. (The reported average is skewed by wealthy outliers. The median white household was worth $171,000 in 2016.)
Median white household worth is less than $200K. Garbage fucking in garbage out.
Btw, what do you suspect the impact on family wealth might be when nearly 70% of all black children are born out of wedlock? Think that might have a negative impact on a family's wealth being raised by a single mother?
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White families are twice as likely as black and Hispanic families to own stocks or mutual funds. Sixty percent of white families invest in the stock market, while less than one-third of black and Hispanic families have any exposure to the stock market, according to Fed data.
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How is inheritance tax a race issue? Ever?allpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you.
Beyond FS.
It makes me think you don't have any real case at all for inheritance tax and you're merely playing the SJW card to gain cred. The same political plan that's been backfiring on the left as of recent.
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If you link socio-economics to race, then it becomes a race issue. I don't disagree with APAG on this, but it's like a race. When one side has a 1 mile head start, the other needs to push a little harder. It sucks that it came to that, but redistributing wealth is not the solution. All wealth redistribution does is move the wealth to other countries, because rich people will move it so the government can't take it.pawz said:
How is inheritance tax a race issue? Ever?allpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you.
Beyond FS.
It makes me think you don't have any real case at all for inheritance tax and you're merely playing the SJW card to gain cred. The same political plan that's been backfiring on the left as of recent.
This wasn't a logical out for the wealthy 30-40 years ago. Now with the economy being globalized, it is a lot easier to shield ones wealth from the federal government, and shield it legally. The wealthy can also set up corporations, trusts, and other entities to shield these funds. It's not difficult. -
If you were truly interested in improving the net worth of the black family you'd encourage all of them to not have children until and unless they are married. But that doesn't have quite the same SJW cache as blaming whitey.
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Which is why I found it amusing that Obama was left with the stock market as his legacy. And democrats touted how high it got.SFGbob said:White families are twice as likely as black and Hispanic families to own stocks or mutual funds. Sixty percent of white families invest in the stock market, while less than one-third of black and Hispanic families have any exposure to the stock market, according to Fed data.
That is as GOP and white as you can get
