Started By
Message

re: How much wealth do you need to join the 1% club in your country?

Posted on 2/29/24 at 11:14 am to
Posted by fareplay
Member since Nov 2012
4976 posts
Posted on 2/29/24 at 11:14 am to
Income isn’t the same as wealth. Elon at one point made no income but was worth billions
Posted by mmmmmbeeer
ATL
Member since Nov 2014
7473 posts
Posted on 2/29/24 at 11:16 am to
quote:

Income isn’t the same as wealth. Elon at one point made no income but was worth billions



This won't make any sense to him, I assure you.
Posted by Bunsbert Montcroff
Phoenix AZ / Boise ID
Member since Jan 2008
5523 posts
Posted on 2/29/24 at 11:21 am to
quote:

Elon at one point made no income but was worth billions

and has still paid more in taxes than anyone in American history

the highest short-term capital gains tax rate is just as high as the highest income tax bracket rate (37 percent)
Posted by 404 Error
Member since Feb 2024
88 posts
Posted on 2/29/24 at 11:26 am to
quote:

Income isn’t the same as wealth. Elon at one point made no income but was worth billions
I was answering his false statements about the tax share in America.
Posted by lsu777
Lake Charles
Member since Jan 2004
31796 posts
Posted on 2/29/24 at 11:34 am to
quote:

Income isn’t the same as wealth. Elon at one point made no income but was worth billions


so you want to tax him on his unrealized gains? how fricking dumb are you
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
8084 posts
Posted on 2/29/24 at 1:20 pm to
quote:

Income isn’t the same as wealth. Elon at one point made no income but was worth billions


Correct. Income does not determine who is and isn’t in the top 1%. I’ve known lots of people with nice six figures income that had very little real wealth.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram