Conservative
A place to discuss pro-conservative stuff
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Again, you're getting hung up on literal cash. Cash is not the only form of wealth. And the rich get their wealth from these companies. Sometimes it is literal cash, but most often it is in the form of stocks.
And the wealth these companies earn disproportionately goes to the rich, the stock holders, upper management, etc.
The rich own the companies that own the production. I know you're more intelligent than this.
Again, you're getting hung up on the distinction between cash, stock, and wealth.
You mean the employee. Pension funds. 401k. I get stock as part of my job.
Also you are confusing earnings with dividends. The two are not the same. Earning go the company. They don’t go to the list you created. Earnings only go to the company.
You mean facts and logic. The differences are important. It’s why you struggle with these topics because it’s all magic and unicorns. You don’t get why Elon is wealthy or how he became wealthy. You just want to feel he took your money but you never bought a Tesla. It’s strange thinking.
I thought you were self employed? You must be one of those gay black men with trans friends.
I have side jobs that I do but I’m a w2 for main income. Part of my package is stock
I never mentioned either of them, because i am not talking about the literal specifics of how the wealth is distributed. You have no point here.
No. You are getting hung up on the actual methods of how the wealth is distributed, cherrypicking the ways in which it is not as a means to say that the rich aren't extracting wealth.
Your argument relies on fallacies the whole way through.
I’m not hung up on anything but facts. I’m just shocked out how wrong you are, yet are confident you are correct. Since your whole premise is false, you end up with false conclusions. You think everything is magic and unicorn's.
https://www.forbes.com/sites/rainerzitelmann/2019/05/14/no-the-rich-didnt-get-rich-at-the-expense-of-the-poor/?sh=db336d338ca5
Quoting Forbes for this is hilarious.