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re: what is considered middle and upper class in louisiana?
Posted on 3/29/07 at 6:09 pm to Powerman
Posted on 3/29/07 at 6:09 pm to Powerman
quote:
This argument is absurd
wrong. your argument is absurd. Your attempt at arguing is absurd.
Your attempt to communicate at all has been absurd. It's absurd that you've even tried to continue battling after whittling yourself into an absurd painting. You're argument is a tom stoppard play in itself.
You should stop arguing period.
Posted on 3/29/07 at 6:11 pm to ynotus
quote:
You must be kidding
How do you get rich without a high income?
Can someone making 30K a year get rich?
Posted on 3/29/07 at 6:13 pm to LSU Fan 90812
quote:
wrong. your argument is absurd. Your attempt at arguing is absurd.
No
Your argument is absurd
It only holds up for statistical outliers while mine holds up for the mast majority of people
And I've conceded that some people are dumb enough to piss away large incomes. But it takes a special kind of idiot to do that. The statistical norm states that people making 700K a year will be rich.
Posted on 3/29/07 at 6:14 pm to Powerman
quote:
Thus it IS the definitive factor in whether or not one can be rich. Please explain to me how to get rich without a high income.
Take my man who found the 20 mill ten years ago. Who hasn't invested the money.
Income is defined as " the monetary payment received for goods or services" so actually, according to the definition of the word income, that's not even income. But we'll let that slide and assume it is income.
Assuming that he found it 10 years ago. And he hasn't made any money at any time since then. What is his income right now?
$0.
What will he fill out on his US annual income form. $0
Posted on 3/29/07 at 6:15 pm to Powerman
quote:
And I've conceded that some people are dumb enough to piss away large incomes. But it takes a special kind of idiot to do that. The statistical norm states that people making 700K a year will be rich.
that's such a fallacy. People with high incomes also incur high expenses. You're so stupid it's not even funny.
(Ever seen lifestyles of the rich and famous?)
Posted on 3/29/07 at 6:16 pm to LSU Fan 90812
quote:
Income is defined as " the monetary payment received for goods or services" so actually, according to the definition of the word income, that's not even income. But we'll let that slide and assume it is income.
Depends on who you ask
the IRS defines it as
Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in increases in equity, other than those relating to contributions from equity participants.
But let's be honest. Money coming in, in any form or fashion is income.
quote:
What will he fill out on his US annual income form. $0
Right
And he'll be in jail for tax fraud
Posted on 3/29/07 at 6:16 pm to LSU Fan 90812
Powerman, you lost a lot of fans after this thread. I can hear them muttering in the crowd:
"Is something wrong with Powerman?"
"I thought you told me he could argue."
"Drugs...it's got to be drugs."
"Is something wrong with Powerman?"
"I thought you told me he could argue."
"Drugs...it's got to be drugs."
Posted on 3/29/07 at 6:16 pm to Powerman
We're looking for a defnition. I said,
"the ability to sustain wealth for a period of time and influence the people around the socially, financially, and econmoically."
and you said, "if he makes 700k"
hmmm.... who's definition is more complete?
Hmmmmmm.....
"the ability to sustain wealth for a period of time and influence the people around the socially, financially, and econmoically."
and you said, "if he makes 700k"
hmmm.... who's definition is more complete?
Hmmmmmm.....
This post was edited on 3/29/07 at 6:18 pm
Posted on 3/29/07 at 6:17 pm to LSU Fan 90812
quote:
People with high incomes also incur high expenses.
Through choices of their own. And they do so because they can afford to do so. It's one of the perks of being rich.
Posted on 3/29/07 at 6:18 pm to Powerman
I just got home to my gated community. You guys are still going at it?
Posted on 3/29/07 at 6:19 pm to Chicken
Chicken are you rich or just upper class?
Posted on 3/29/07 at 6:19 pm to Powerman
you're so fricking wrong.
YOU LOST A LONG TIME AGO. I'm tired of beating your corpse, bloodied by the knives of my own argument.
You're dead in the water, and now alligators are feasting on your argument's floating corpse.
If we took this to a vote of the droppings, you would lose a unanimous decision to me. I'm going to go celebrate now.
Take 'er easy.
YOU LOST A LONG TIME AGO. I'm tired of beating your corpse, bloodied by the knives of my own argument.
You're dead in the water, and now alligators are feasting on your argument's floating corpse.
If we took this to a vote of the droppings, you would lose a unanimous decision to me. I'm going to go celebrate now.
Take 'er easy.
Posted on 3/29/07 at 6:20 pm to LSU Fan 90812
quote:
hmmm.... who's definition is more complete?
Yours
Because you've elaborated on the obvious
It's implied that 700K per year means that income will be sustained over a period of time
If you make 700K a year, you have every opportunity to be rich and only statistical outliers can frick up this type of money.
You're examples refer to something on the order of less than 1% of the population at large
Posted on 3/29/07 at 6:21 pm to LSU Fan 90812
quote:
Assuming that he found it 10 years ago. And he hasn't made any money at any time since then. What is his income right now?
$0.
What will he fill out on his US annual income form. $0
I don't want to jump into this, but what is his average income over those years? It's still pretty high.
Posted on 3/29/07 at 6:22 pm to ynotus
quote:
absolutely. No problem IF they are willing to sacrific today, for tomorrow.
So it would stand to reason that not only is it possible to get rich on 700K a year, it's pretty fricking easy
Chicken thinks making 700K a year puts you in the middle class
Yeah...I'm the idiot here
Posted on 3/29/07 at 6:23 pm to rmcc316
i am going to rmcc the f'k out of this thread once i read through it..
Posted on 3/29/07 at 6:23 pm to Casty McBoozer
quote:
I don't want to jump into this, but what is his average income over those years? It's still pretty high.
2 million a year
The 20 million is still income whether he found it up his own arse or in the ground is irrelevant.
Karma thinks finding 20 million dollars isn't a form of income
That's pretty stupid if you ask me
Posted on 3/29/07 at 6:24 pm to Powerman
quote:
Louisiana's median income is 9k less than the national average. You're trying to say that someone who makes 400K in LA isn't upper class? That's beyond stupid.
i agree with that.
Posted on 3/29/07 at 6:24 pm to LSU Fan 90812
quote:
If we took this to a vote of the droppings, you would lose a unanimous decision to me
Why don't we expand this to a section of the droppings that has a bit more intelligent to say on the matter
Ask them if making 700K a year will make you middle class and see what they say
Posted on 3/29/07 at 6:26 pm to TiGRB8
quote:
I have a good friend who makes $700k, his dad is a doctor too, but he wouldn't consider himself 'upperclass'.
what he thinks is irrelevant, no? bottom line is the money he brings in..
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