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Is it still worth it to work? Yes, because the incentive is there to have more disposable income to do fun, rewarding things.
But Between federal income taxes, fica taxes, state income taxes, property taxes, and state sales taxes it’s kind of a joke how much of my households income is taken.
Then I come to city data and hear the special treat of the masses shouting that taxes need to be higher on the well off to close the gap.
Throw on the layer of medical, vision, auto, dental, and life insurances...
And the cost of education finance charges to play in the rat race...
Hmmmmm...
Last edited by Thatsright19; 06-30-2018 at 09:55 PM..
Well, yeah actually, ya do. But your life is so far away from that you can’t understand anyone else’s reality. One yacht is up in the Pacific Northwest, one is in Cabo, those are 2,000 miles apart. He vacations to Cabo where he has a house so how exactly would you have one yacht if you wanted to use them in each place? You wouldn’t. Not to mention if you have the money what does it matter?! My dad has massive charitable contributions setup not only as he lives but when he’s gone. The company will continue and that company will donate more in one year to charity each year he’s dead than you will in your entire life. So again, what business is it what other people do with their money? Especially when those people have provided great incomes to thousands of people, made dozens of people millions of dollars, and started charities, contributed to other charities, educational foundations, and made the world a better place?
For all of the resentment of some poor people, it’s amazing they never stop to think those “evil greedy rich people” have made a million times the contribution to this world than a thousand whiny losers who refuse to work hard and instead would prefer to complain about how “it’s not fair.” Life isn’t fair, but if you sit around and complain rather than work hard you’ll never get anywhere.
When you post it on this board, it becomes my business and I have the right to comment on it.
I'm a Warren Buffett guy - Buffett owns almost no toys - lives in the same house since 1957 - lives like a common man. My kind of rich person. Although I always did wonder why Buffett is a democrat instead of being an independent.
I understand your point -- but note that Econ 101 teaches us there is no such thing as a need, period.
Just don't confuse Econ 101 or economics as a whole with reality.
Or maybe just read some Maslow.
Quote:
People do not have "needs"; people have "wants & desires."
The intellectual construct behind this sort of semantic nonsense....
is a good example of why so many will ridicule the rest of the dark science as well.
Being pedantic in support of this sort of semantic nonsense is just dumb.
Sorry - nobody needs 2 yachts, I don't care how hard your dad worked.
This article was pretty good and yes it raises some good points -- middle class is barely better off than the welfare collectors who are becoming an increasing percentage of society.
Sorry - nobody needs 2 yachts, I don't care how hard your dad worked.
This article was pretty good and yes it raises some good points -- middle class is barely better off than the welfare collectors who are becoming an increasing percentage of society.
Unfortunately, this type of attitude is pervasive across our country. Sometimes, when you combine work and innovation, you get wealth. Only sometimes..... like the author points out, on one hand you have Bill Gates, and on the other, you have George Mitchell.
The article presents a nice picture of the majority 'fighting' over crumbs, while ...
What it doesn't mention, is the MASSIVE amount of wealth accumulated by the .01% Its not that I'm for or against the spread, its a inevitable result of the system. Call it what you like, but its been that way throughout history and across civilizations. The few own nearly everything while the majority own nearly nothing.
BeerGeek's "I don't care..." attitude probably reflects his hopelessness in understanding or comprehending of how or why someone would own 2 yachts, or a fleet, or a company manufacturing thousands of yachts. Maybe, or maybe not. Probably better, would be to 'own' or 'dictate' the country who taxes that manufacturing company on what it builds and sells and the consumer who buys it... That way, you're getting 2x your returns.
I believe low income people often work very hard. But they are either unskilled, uneducated or have other issues (possibly physical or mental health).
I am low income, but I don't resent wealthy people, nor do I blame "income inequality" on my plight. I have some mental health issues and a bachelor degree in General Studies - not exactly a formula for wealth.
I admire people that rise above and make good money.
Well, yeah actually, ya do. But your life is so far away from that you can’t understand anyone else’s reality. One yacht is up in the Pacific Northwest, one is in Cabo, those are 2,000 miles apart. He vacations to Cabo where he has a house so how exactly would you have one yacht if you wanted to use them in each place? You wouldn’t. Not to mention if you have the money what does it matter?! My dad has massive charitable contributions setup not only as he lives but when he’s gone. The company will continue and that company will donate more in one year to charity each year he’s dead than you will in your entire life. So again, what business is it what other people do with their money? Especially when those people have provided great incomes to thousands of people, made dozens of people millions of dollars, and started charities, contributed to other charities, educational foundations, and made the world a better place?
For all of the resentment of some poor people, it’s amazing they never stop to think those “evil greedy rich people” have made a million times the contribution to this world than a thousand whiny losers who refuse to work hard and instead would prefer to complain about how “it’s not fair.” Life isn’t fair, but if you sit around and complain rather than work hard you’ll never get anywhere.
Exactly! Some people can't see past their own bias/hate of successful people.
However, without the tax dollars and employment opportunities that the rich provide, they would be begging in the street.
When you post it on this board, it becomes my business and I have the right to comment on it.
I'm a Warren Buffett guy - Buffett owns almost no toys - lives in the same house since 1957 - lives like a common man. My kind of rich person. Although I always did wonder why Buffett is a democrat instead of being an independent.
Pretty common to have an 11 million dollar vacation beach house?
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