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Who said not profitable? There's a big difference between 'making a living' and 'wealth' in most eyes. There are reasons other than $$$ to work for. Many are happy 'making a living' if they enjoy what they're doing knowing full well they're unlikely to become wealthy. There's a lot to be said for " do something you love and you will never work a day in your life"
But burdell..they are wealthy..very wealthy.
There's more to life than money.
If you are talking about corporations, then the rate at which their executives are taxed is pretty much irrelevant. A corporation hires and fires on the basis of profits, which don't depend on executive salaries. If the business model is viable, then the corporation will be profitable.
Executives certainly don't hire the corporation's employees using their own money, in any case.
I didn't say that they are currently making no profit, although not all of them are. You appear to have no knowledge of small business at all. Don't go by the radio talk show definition, look it up.
Many, many millions of SB owners make a decent living, yet are not wealthy. Perhaps you could explain what motivated you to start a thread like this.
I feel no need to justify my OP to you. Seriously? Perhaps you could tell me what motivates you to think you are superior. What is your definition of wealthly?
I haven't asked, but when he says he earns less than his employees, he won't make more than $50k a year (gross), probably less.
Are you serious?!!! This man makes less than $50,000 a year and his employees make more?!!!!!!!!!! You need to refer him to a financial planner ASAP. This man will never be able to retire. WTH?!!!!!!!
Government has figured it out. First of all, cigarette smoking, except for the very poorest, drops with rising income. So increase cigarette taxes. The poor also spend more of their income on alcoholic beverages, so increase taxes on them as well.
Last edited by pvande55; 05-14-2011 at 04:13 PM..
Reason: Reference not clear
I feel no need to justify my OP to you. Seriously? Perhaps you could tell me what motivates you to think you are superior. What is your definition of wealthly?
LOL Not my thread, I don't need to define it, bit now we have your definition.
I just plain don't think you have any clue as to what you're talking about. There are millions of people that don't make $500 k a year, and have many, many employees, and create new jobs.
That's what motivates me. Many of us have to bear the cross everyday because people throw out things they heard, read, were emailed about.
High schooler challenges Michele Bachmann to Constitution showdown - Yahoo! News (http://news.yahoo.com/s/yblog_thelookout/20110513/us_yblog_thelookout/high-schooler-challenges-michelle-bachmann-to-constitution-showdown - broken link)
Are you serious?!!! This man makes less than $50,000 a year and his employees make more?!!!!!!!!!! You need to refer him to a financial planner ASAP. This man will never be able to retire. WTH?!!!!!!!
Huh?!? He lives in Europe, pays his social security contributions etc. So, of course he will be able to retire. My income is significantly less than his and I too will be able to retire. But Europeans have different expectations of retirement. We don't work our whole lives like crazy in order to compensate in our 70s for all the things we missed out on when younger. Retirees in Europe are modest, no need to travel the world etc. We do all that when young.
LOL Not my thread, I don't need to define it, bit now we have your definition.
I just plain don't think you have any clue as to what you're talking about. There are millions of people that don't make $500 k a year, and have many, many employees, and create new jobs.
That's what motivates me. Many of us have to bear the cross everyday because people throw out things they heard, read, were emailed about.
High schooler challenges Michele Bachmann to Constitution showdown - Yahoo! News (http://news.yahoo.com/s/yblog_thelookout/20110513/us_yblog_thelookout/high-schooler-challenges-michelle-bachmann-to-constitution-showdown - broken link)
What motivated her?
I think you have no clue about me, but rock on. I don't understand the Michele Bachman link at all.
Personally no i have not. I much rather help out a poor person, that is just me, maybe wrong i don't know.
No its not wrong to help anyone You brought back memories when i carried some people through the month passing newspapers.They were disabled or just poor but i was a good judge of character and they paid what they owed to me with a little extra for doing it.
At Christmas i didn't expect a card or a bonus but most tried too even when they didn't have much which touched me that they thought that much about me.
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You brought back memories when i carried some people through the month passing newspapers.They were disabled or just poor but i was a good judge of character and they paid what they owed to me with a little extra for doing it.
