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People still don't understand net worth/wealth vs income

Posted on 9/15/21 at 12:41 pm
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167885 posts
Posted on 9/15/21 at 12:41 pm


And the Reddit thread that followed

quote:

It makes me cringe seeing people call AoC a hypocrite for her met gala dress

People at the met gala aren't the rich people anyone should be worried about. They have a large yet reasonable amount of money. More to the point, they often pay their taxes

You can aspire not only to have money, but more money than you ever dreamed, and still not be worried at all about high end wealth taxes


Posted by Kino74
Denham springs
Member since Nov 2013
5348 posts
Posted on 9/15/21 at 12:46 pm to
Reading through a few comments shows those people are too stupid to realize capitalism lifts standards of living and not just one class but all classes.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
135220 posts
Posted on 9/15/21 at 12:49 pm to
quote:

It makes me cringe seeing people call AoC a hypocrite for her met gala dress

People at the met gala aren't the rich people anyone should be worried about. They have a large yet reasonable amount of money. More to the point, they often pay their taxes

A member of congress in a 5 figure tax the rich" dress at a 5 figure per ticket event packed with millionaires isn't hypocrisy according to these smooth brains because these are "the good rich people"
Posted by CAD703X
Liberty Island
Member since Jul 2008
78785 posts
Posted on 9/15/21 at 12:49 pm to
quote:

They have a large yet reasonable amount of money.


the ones paying $30,000.00 per ticket right?

i mean..i pay at least that much when i go to the movies or a sporting event.
Posted by Putty
Member since Oct 2003
25501 posts
Posted on 9/15/21 at 12:49 pm to
quote:

People at the met gala aren't the rich people anyone should be worried about. They have a large yet reasonable amount of money.


Even ignoring the logical fallacies that net worth=income, I'll bet my bottom dollar than not a single person with an AGI under $400k paid $35k for a ticket to that snob fest.
Posted by SlickRickerz
Member since Oct 2018
2290 posts
Posted on 9/15/21 at 12:52 pm to
Ah the stupid. Are most patrons of the Met Gala billionaires, no. Are most patrons filthy rich and have more money than the average person can dream of, abso-fricking-lutely. Tax the rich, but I’m not rich, theses people are the rich - a rich man’s response.
Posted by AUCom96
Alabama
Member since May 2020
5139 posts
Posted on 9/15/21 at 1:01 pm to
These brain dead leftists:

1) Have never looked at a donor list for their political heroes.

2) Are quite ignorant of our tax code, deductions, credits and who is best positioned to take advantage of them.

3) Are quite ignorant of the economical effects that come with significant tax hikes "on the rich".

4) Talk about $30g as a "reasonable amount of money" to attend a fundraiser but think 400k a year is "the rich".

5) Are not paying attention to who has been laying off employees, struggling to stay in business and even closing their doors during the pandemic and have no clue how destructive these tax hikes would be on them.

6) Are ignoring the fact those billionaires were still getting fatter while black Jesus was in office for 8 years...raising taxes...making the rich pay "their fair share"...and watching the economy stagnate at the same time.

7) Support the same politics as Jeff Bezos, Mark Zuckerberg, Bill Gates, Warren Buffett, Carlos Slim, Sergey Brin, Michael Bloomberg and other billionaires around the world and don't see a hint of irony in their tired, naive, Robin Hood perspective.
Posted by concrete_tiger
Member since May 2020
6151 posts
Posted on 9/15/21 at 1:08 pm to
Look at these ridiculously high achievers that had big ideas and made them happen! (even if their politics suck)

Now, let's compare them to people so dumb their best option is drying cars at a car wash.

Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 9/15/21 at 2:06 pm to
If you buy Amazon stock you can earn money at the same rate Jeff Bezos does.
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 9/15/21 at 2:23 pm to
quote:

People still don't understand net worth/wealth vs income



You mean Liberals, especially skank arse Liberal women.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19694 posts
Posted on 9/15/21 at 2:26 pm to

People either don’t understand the meaning of “slippery slope” or don’t care.

After opening the door to taxing the rich, whether on their income or their wealth, the definition of “rich” can be changed at any time.
Posted by armtackledawg
Member since Aug 2017
12006 posts
Posted on 9/15/21 at 2:39 pm to
Now do number of people employed/income to those people/taxes paid.

Posted by Zach
Gizmonic Institute
Member since May 2005
112783 posts
Posted on 9/15/21 at 2:44 pm to
Hell, people don't realize that taxes on corporations are taxes on everyone.
Posted by McLemore
Member since Dec 2003
31642 posts
Posted on 9/15/21 at 2:50 pm to
quote:

reasonable amount of money


FTGE
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69375 posts
Posted on 9/15/21 at 4:48 pm to
if you make 7.25 you are either 15 years old working for the first time or just a down right shite adult that is barely employable.

Posted by Azkiger
Member since Nov 2016
21949 posts
Posted on 9/15/21 at 4:52 pm to
quote:

More to the point, they often pay their taxes


AOC owes a few thousand is taxes tho
Posted by Dawgfanman
Member since Jun 2015
22846 posts
Posted on 9/15/21 at 5:00 pm to
So we could take all their wealth and not come close to filling the US budget hole…
Posted by Penrod
Member since Jan 2011
40211 posts
Posted on 9/15/21 at 5:17 pm to
She is talking about taxing Democrats. Have at it. The large majority of high net worth people are voting Democrat these days.
Posted by Big Scrub TX
Member since Dec 2013
33744 posts
Posted on 9/15/21 at 5:18 pm to
quote:

People still don't understand net worth/wealth vs income
I mean, I wouldn't be surprised if she didn't understand the difference, but don't fool yourself into thinking she is not pro-higher wealth taxes also.
Posted by SportTiger1
Stonewall, LA
Member since Feb 2007
28505 posts
Posted on 9/15/21 at 5:25 pm to
Jeez I'm so much dumber after reading that thread.
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