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What risks? Bet they didn't loose a dime when the market tanks. If the company is publicly traded, they don't risk a thing. DH was employed by a Fortune 100. When those guys got a corner office on the top floor, they also got a paid for by the company financial advisor. Then came a private jet whenever they needed one, a medical person to explain whatever problem they had and the best way to deal with it. They got a paid for country club membership and a paid for social life, even the babysitter was a business expense. They all bought houses on a golf course in another state and a jet to take them and their families there every Friday and back on Monday morning. They even had a private elevator so they did not need to be in a car with the unwashed.This was all paid by the company. When they ran out of French wine in the executive dining room, instead of going to the local store, they sent a plane to France. Gimme a break. This was all a business expense. Don't tell me they earned it cause they were so good at their jobs. This was a regulated monopoly. The tab was picked up by rate payers and stockholders. Don't get me started on what happened after deregulation.
A better analogy: Bob works at a job and collects a $12000 paycheck of which $4200 goes into income taxes (and Social Security and Medicare on top of that. . . )
while Chuck invests his money, earns $12000 and pays $1800 of capital gains taxes on it. He makes the same money, enjoys the same government services as Bob, but pays less than half the taxes.
Bob should be angry that he's getting shafted while Chuck gets off easy.
Chuck could also lose it all. Bob won't, unless he loses his job, which will continue to be a real possibility as long as Obama is in charge.
I was hired by a former NUN to work in a non-profit agency for the developmentally disabled. I doubt she was rich. I have also worked in school districts with disabled kids. ALL people in these towns, rich, poor, and middle class, paid my salary.
You do realize that non-profits are funded via donations and grants, right? The creator of said non-profit does not need to be rich to get it off the ground. And gov't jobs don't count b/c employees are paid with taxpayer money. We are talking about the private sector, ya know, the one that is supposed to be creating the jobs.
I was hired by a former NUN to work in a non-profit agency for the developmentally disabled. I doubt she was rich. I have also worked in school districts with disabled kids. ALL people in these towns, rich, poor, and middle class, paid my salary.
It wasn't their money to begin with. The nun got the money for her project either through tithes or donations and the school district got the money through taxes. So like the other person said broke people don't create jobs.
People are forgetting that it's mainly the middle class who has 401ks, IRAs, mutual funds, etc.
Quote:
Originally Posted by Cletus Awreetus-Awrightus
do you have a source, or are you fabricating this?
Do you really need a source for this? Are you sure you are old enough to be posting here because most americans who work have things like 401k's..
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