Just head on over to here [globalrichlist.com] and enter how much you earn.
It can be quite sobering to find out that you are in the top 0.9% richest people in the world. Thats a hell of a lot of people poorer than you.
I'm sure people will rip this apart because it's based on global data, doesn't take into account cost variations in countries and 101 other things - but give it a go anyway.
This, of course is operating under the "your salary is your worth" model of richness, which I would argue isn't incredibly accurate. Wealth is typically recognized through one's net worth. Once you reach a high enough net worth to be of note, your annual income becomes somewhat trivial to your total net worth.
Somewhat related is how amusing it is to hear people talking about "tax cuts for the (rich | poor | etc)," when they're actually talking about "tax cuts for the (high income | low income | etc)," which is more accurate. Just because someone has a high salary or a low salary does not mean they have a high net worth or low net worth.
Somewhat related is how amusing it is to hear people talking about "tax cuts for the (rich | poor | etc)," when they're actually talking about "tax cuts for the (high income | low income | etc)," which is more accurate. Just because someone has a high salary or a low salary does not mean they have a high net worth or low net worth.
Exactly right. Politicians are busy trying to buy the votes of the elderly and convince the rest of the voters to let them get away with it by saying the elderly are on "low inc
Wouldn't that encourage people to blow all their money rather than invest or save it?
Maybe - but spent money has to go somewhere, so it would be put to productive use in providing good and services for the money to be blown on. It would still have to be worthwhile to invest, just as it is still worthwhile to earn more now even tho' you'll pay a higher rate of tax.
Somewhat related is how amusing it is to hear people talking about "tax cuts for the (rich | poor | etc)," when they're actually talking about "tax cuts for the (high income | low income | etc),"
And consider this: almost without exception the people making these laws and proposing to "make the rich pay thier fair share" are in fact, rich. Hillary Clinton is rich. Ted Kennedy is rich. etc. etc. So, why would rich people support legislation they claim will harm people like them?
What's the only thing better than money (at least to these people)? The answer is power. By using rhetoric like "making the rich pay" they seduce the people to give them power.
Well you've hit the nail square on the head, there.
That's the Democrats' song and dance. Acquire and retain power by promising to make "those dirty rich pay!" and "compensate" people for their woes. It's the end of personal responsibility, and the return of socialism/fascism./p?
3. They know that being rich is pretty meaningless if you don't have anyone to buy from -- IOW, they appreciate the hard work that many people do to make their lives comfortable, and are willing to pay a portion of their wealth to help those people out.
3. They know that being rich is pretty meaningless if you don't have anyone to buy from -- IOW, they appreciate the hard work that many people do to make their lives comfortable, and are willing to pay a portion of their wealth to help those people out.
I don't suppose that ever occurred to you?
I did consider that actually but I disregarded it because there is no corroborating proof of it. I'll help you to understand why if you like.
The hypothesis is: Rich Democrats use rhetoric like "we will make the r
"Be there. Aloha."
-- Steve McGarret, _Hawaii Five-Oh_
You too can be a millionare (Score:5, Interesting)
It can be quite sobering to find out that you are in the top 0.9% richest people in the world. Thats a hell of a lot of people poorer than you.
I'm sure people will rip this apart because it's based on global data, doesn't take into account cost variations in countries and 101 other things - but give it a go anyway.
Re:You too can be a millionare (Score:4, Insightful)
Somewhat related is how amusing it is to hear people talking about "tax cuts for the (rich | poor | etc)," when they're actually talking about "tax cuts for the (high income | low income | etc)," which is more accurate. Just because someone has a high salary or a low salary does not mean they have a high net worth or low net worth.
Re:You too can be a millionare (Score:3, Interesting)
Exactly right. Politicians are busy trying to buy the votes of the elderly and convince the rest of the voters to let them get away with it by saying the elderly are on "low inc
Re:You too can be a millionare (Score:2)
Re:You too can be a millionare (Score:2)
Maybe - but spent money has to go somewhere, so it would be put to productive use in providing good and services for the money to be blown on. It would still have to be worthwhile to invest, just as it is still worthwhile to earn more now even tho' you'll pay a higher rate of tax.
Re:You too can be a millionare (Score:1, Troll)
And consider this: almost without exception the people making these laws and proposing to "make the rich pay thier fair share" are in fact, rich. Hillary Clinton is rich. Ted Kennedy is rich. etc. etc. So, why would rich people support legislation they claim will harm people like them?
There are two reasons I
Re:You too can be a millionare (Score:2)
Well you've hit the nail square on the head, there.
That's the Democrats' song and dance. Acquire and retain power by promising to make "those dirty rich pay!" and "compensate" people for their woes. It's the end of personal responsibility, and the return of socialism/fascism./p?
Re:You too can be a millionare (Score:2)
I don't suppose that ever occurred to you?
Re:You too can be a millionare (Score:1)
I don't suppose that ever occurred to you?
I did consider that actually but I disregarded it because there is no corroborating proof of it. I'll help you to understand why if you like.
The hypothesis is: Rich Democrats use rhetoric like "we will make the r