Does the 1%’s success make you envious or create a greater desire to attempt to join them?

Sir, this is a wendy's

Exactly. Just people without the capacity demanding the wealthy shoulder an inequitable burden.

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Does the 1%’s success make you envious or create a greater desire to attempt to join them?

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It's not that simple.

It's time that we re-tell LSUFANHOUSTON's Three Generations of Wealth Story.

The First Generation of Wealth: These are the people who came from very modest means, at best, and built up a company and wealth purely due to their hard work. These are truly great people, and my goodness do I love working with them! Their work ethic is inspiring and their ideas are awesome. They generally live well below their means, and give a lot of their money away. They can afford to give their children whatever they want, but they tell their children to get a job in high school and that the kid needs to pay for his own gas money. They help their kids but they don't spoil their kids.

The Second Generation of Wealth: These people are really good people, and often work in the company built by the First Generation. These people remember life, as a kid, before the First Generation really made their wealth. They are, mostly, grounded people who still work pretty hard. Sometimes, they are groomed for positions in which they are not a good fit, but they do try really hard to be successful. They give away some money, mainly to causes that give them publicity and recognition. I like working with these people, especially the ones that have the same ingenuity that their parents have.

The Third Generation of Wealth: Completely and utterly useless. Lazy. Never worked a day in their life. Born on third base and act like they hit a triple. No idea what life is like for the 99%. I do all I can to avoid working with these people. There's a decent chance that the wealth won't make to the Fourth Generation, because it will all be spent on, you guessed it, hookers and blow.

Almost all of the jealousy and hatred toward the 1 percent, are actually directed at the Third Generation. These individuals have done nothing to earn their wealth or their place, except to have been a lucky sperm.

I guess I misread the audience here, judging by the responses so far. I thought this was a place where people believe in hard work, picking one’s self up by the bootstraps, and rewarding good business decisions to the benefit of one’s family. My fault.

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So why do socialists want their pound of 1% flesh?

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Daddy Hilton is just WAYY better at it than you or I, so we penalize him for dominating the game and being better at it?

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You are absolutely missing my point.

NO ONE is penalizing Daddy Hilton. Thinking the great-grandkid is a POS in no way reflects on what Daddy (Great-Grandaddy really) is or was, or what anyone thinks of him.

And really, I have a feeling if Conrad Hilton were still alive, he'd be just as disgusted at Paris, as the rest of us are.

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much like you or I would pass on our own hard-earned wealth to our children so that we can afford them a better life and one insulated from the harsh realities of the world.

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I don't ever want my children to feel that they don't need to work hard, in life, for what they want. If I can make some things easier on them, I will. If I can give them an assist, I will. But I have no desire of creating, either in my children or grandchildren or further down the line, a feeling of entitlement, or have them develop habits that draw hatred and mockery.

I can't speak for the others on this board, but from posts and topics over the years, I feel a lot would support this line of thinking.

That’s an awfully broad brush you are using there. So all children, grandchildren don’t deserve the full benefit of a close relatives hard work? I’ve got 3 children and how I raise them is far more important than what I leave them. That said, it’s my prerogative to distribute my own hard-earned wealth if I am in a position to do so. Based on your summation, the two options you present are raise horrible spawn OR withhold life changing money so that the children aren’t rotten? It’s not nearly that simple. That’s why so many in such a position utilize living trusts, but for the government to step in and take the full benefit of my working life, is wrong. This isn’t an argument about what YOU would do with your wealth, it’s about the elites’ prerogative to do as they wish with their wealth and how undue taxes on their wealth penalize their families unfairly. In a few weeks when I retire from my BB earnings, I don’t want uncle sam taking my babies chedda’.

What another man has in his bank account is none of my business, unless he stole it from me. Gained through hard work, inheritance, dumb luck, it makes no difference...that money is NOT MINE.

I'm a capitalist, but not a corporatist. I do not believe that the government should be able to rig the game and pick the winners.

All that being said, there is a board for this discussion.

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In our society, have a better work ethic, idea, or modus, than the other guy, and you can have unimaginable wealth.

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This ignores a ton of other factors- timing, luck, who you were born to, where you were born, what talents you were born with.

Also, the government has largely chosen winners post-financial crisis. In 2020, the government forced tons of businesses to shutdown. They told/forced everyone to buy from the nation’s biggest companies.

I guess the guy who had to shut down his restaurant because he couldn’t operate under Covid should have just worked harder