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VP Biden Talks Income Inequality at Fundraiser (Original Post) tishaLA Jun 2019 OP
I think income inequality is different from wealth inequality. The first generally refers to.... George II Jun 2019 #1
I can completely accept that tishaLA Jun 2019 #3
We can solve income inequality on a case by case basis or, in a perfect world... George II Jun 2019 #6
Warren proposes to impose an ultra-wealth tax on people worth 50,000,000+ marylandblue Jun 2019 #10
I don't know why they're referred to as "high dollar fundraisers", they're fundraisers where.... George II Jun 2019 #11
Probably called that because $5600 is more than most people can afford to donate, marylandblue Jun 2019 #14
Income inequality is when janitors getting $7.50 an hour and Jeff Bezos gets $1,000,000 an hour marylandblue Jun 2019 #9
No, income inequality is when male janitors get $10.00 an hour and female janitors get $7.50. George II Jun 2019 #16
No, that's a form of gender inequality. Income inequality is what I said it is. marylandblue Jun 2019 #18
Huh? I think that's called giving a nod to income inequality ... at best. hedda_foil Jun 2019 #2
That's how I read it, too tishaLA Jun 2019 #5
If the rich keep insisting on holding on to every penny they can grab. Blue_true Jun 2019 #7
Ouch! Wellstone ruled Jun 2019 #4
No one's standard of living will change? How comforting. At least for the wealthy. Autumn Jun 2019 #8
Oof melman Jun 2019 #12
Here some words from Biden at this Fundraiser.. Cha Jun 2019 #13
"rich people are just as patriotic as poor people" mtnsnake Jun 2019 #15
It gets worse melman Jun 2019 #17
 

George II

(67,782 posts)
1. I think income inequality is different from wealth inequality. The first generally refers to....
Tue Jun 18, 2019, 09:56 PM
Jun 2019

....women not getting paid the same as men for the same job. Wealth inequality is the concentration of wealth among very few people.

(correct me if I'm wrong )

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

tishaLA

(14,176 posts)
3. I can completely accept that
Tue Jun 18, 2019, 10:02 PM
Jun 2019

I'm not sure why that's important, though, because those who've been historically, structurally denied access to wealth (African Americans, women, etc) are also most effected by income inequality.

If I were to vote in a presidential
primary today, I would vote for:
Undecided
 

George II

(67,782 posts)
6. We can solve income inequality on a case by case basis or, in a perfect world...
Tue Jun 18, 2019, 10:07 PM
Jun 2019

...(President, House, Senate all Democratic) through legislation in a very short time.

We can't solve wealth inequality without drastic changes in laws or the tax code.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

marylandblue

(12,344 posts)
10. Warren proposes to impose an ultra-wealth tax on people worth 50,000,000+
Tue Jun 18, 2019, 10:17 PM
Jun 2019

That's pretty drastic and not popular with some attendees at high dollar fundraisers.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

George II

(67,782 posts)
11. I don't know why they're referred to as "high dollar fundraisers", they're fundraisers where....
Tue Jun 18, 2019, 10:39 PM
Jun 2019

....attendees make contributions within the limits of FEC laws/regulations, and no one can contribute more than $2800 ($5600 for a married couple), and those are ANNUAL contributions, not each for each event.

People are acting like there are secretive contributions at these events of tens of thousands of dollars - there aren't. As much as some candidates look down on others who have such events, most have them, and those who don't freely accept multiple contributions (in the past as many as 900 or more) that ultimately aggregate to the FEC maximums.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

marylandblue

(12,344 posts)
14. Probably called that because $5600 is more than most people can afford to donate,
Tue Jun 18, 2019, 11:32 PM
Jun 2019

they can raise hundreds of thousands of dollars at a time, and the hosts sometimes get plum jobs in the winner's administration.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

marylandblue

(12,344 posts)
9. Income inequality is when janitors getting $7.50 an hour and Jeff Bezos gets $1,000,000 an hour
Tue Jun 18, 2019, 10:15 PM
Jun 2019

Nothing to do with gender. By the way, most of Bezos' income is tax deferred because it's mostly in Amazon stock where he doesn't pay taxes until he sells it. When he does sell it, it's taxed at a favorable capital gains rate and no social security tax.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

George II

(67,782 posts)
16. No, income inequality is when male janitors get $10.00 an hour and female janitors get $7.50.
Tue Jun 18, 2019, 11:43 PM
Jun 2019
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

hedda_foil

(16,368 posts)
2. Huh? I think that's called giving a nod to income inequality ... at best.
Tue Jun 18, 2019, 09:58 PM
Jun 2019

More like reassuring the rich and powerful that he won't afflict their comfort with the plight of those beneath them.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

tishaLA

(14,176 posts)
5. That's how I read it, too
Tue Jun 18, 2019, 10:03 PM
Jun 2019

Reassuring them that, whatever the rhetoric of the campaign might be, they'd only have minimal differences in taxation than they do now, and certainly no structural changes

If I were to vote in a presidential
primary today, I would vote for:
Undecided
 

Blue_true

(31,261 posts)
7. If the rich keep insisting on holding on to every penny they can grab.
Tue Jun 18, 2019, 10:09 PM
Jun 2019

They are going to be fat, soft and tender when the rampaging hordes come after them during Chaos.

Social and wealth inequities that are very large have been corrected brutally and bloodily throughout history.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

Wellstone ruled

(34,661 posts)
4. Ouch!
Tue Jun 18, 2019, 10:02 PM
Jun 2019

Man you did not help yourself once again. Big Insurance and Wall Street is not the answer.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

Autumn

(44,743 posts)
8. No one's standard of living will change? How comforting. At least for the wealthy.
Tue Jun 18, 2019, 10:11 PM
Jun 2019

I think the big problem we have is that the standard of living for the poor and the working class is changing. For the worse.

If I were to vote in a presidential
primary today, I would vote for:
Undecided
 

Cha

(295,899 posts)
13. Here some words from Biden at this Fundraiser..
Tue Jun 18, 2019, 11:06 PM
Jun 2019
“You guys are great, but Wall Street didn’t build America,” Biden told the donors. “You guys are incredibly important, but you didn’t build America. Ordinary, hard-working, middle class people given half a chance build America.”

https://www.democraticunderground.com/?com=view_post&forum=1287&pid=154326
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

mtnsnake

(22,236 posts)
15. "rich people are just as patriotic as poor people"
Tue Jun 18, 2019, 11:42 PM
Jun 2019

Wow, that is really deep, Joe. What's next? The sky is high so birds can fly?

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
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