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Message
re: Are you richer than the average American?
Posted on 8/17/14 at 5:41 pm to Ole War Skule
Posted on 8/17/14 at 5:41 pm to Ole War Skule
quote:
for more information, see my detailed reply...you, and your commie friends, are the greedy ones wanting to take something that isn't yours..
Where exactly have I said I want to take something that isnt mine? The fact is the richest 20% have 85% of the wealth in the US and they are keeping it.
quote:
per my earlier post, I assume you, in your crusade to equalize wealth, are sending most of your money (not some, but most of it) to the 'real' poor in the 3rd world...right?
Now your putting words in my mouth. I never suggested to equalize wealth was just stating facts.
Just as most of the wealthiest in the US see their incomes grow, but of course their average tax rate decline.
5
Posted on 8/17/14 at 5:42 pm to blades8088
In actual fact, the 1% look a lot more like “regular folk” than most of us really realize. According to the survey:
- 67% grew up in a middle class or poorer household.
- 85% made their wealth in their lifetime.
- 76% describe themselves as “Middle Class” at heart.
- 3% is the sum total of their assets that they inherited.
and I don't care if it was inherited...are you really saying I should be able to give my assets to my kids when I die, but should give them to you?
The poor and middle class can never get there and I don't care....
the real problem is your own envy and greed...
- 67% grew up in a middle class or poorer household.
- 85% made their wealth in their lifetime.
- 76% describe themselves as “Middle Class” at heart.
- 3% is the sum total of their assets that they inherited.
and I don't care if it was inherited...are you really saying I should be able to give my assets to my kids when I die, but should give them to you?
The poor and middle class can never get there and I don't care....
the real problem is your own envy and greed...
Posted on 8/17/14 at 5:42 pm to blades8088
quote:
Where exactly have I said I want to take something that isnt mine? The fact is the richest 20% have 85% of the wealth in the US and they are keeping it.
that's exactly what the speaker in the link was proposing
Posted on 8/17/14 at 5:43 pm to 777Tiger
quote:
o bet that the true "1%ers" aren't in this bracket
So there's a 1 percent of the 1 percent.
Posted on 8/17/14 at 5:43 pm to N2cars
It turns out that wealth inequality isn't about the 1 percent v. the 99 percent at all. It's about the 0.1 percent v. the 99.9 percent (or, really, the 0.01 percent vs. the 99.99 percent, if you like). Long-story-short is that this group, comprised mostly of bankers and CEOs, is riding the stock market to pick up extraordinary investment income. And it's this investment income, rather than ordinary earned income, that's creating this extraordinary wealth gap.
Read, and understand:
LINK
Read, and understand:
LINK
Posted on 8/17/14 at 5:44 pm to The Easter Bunny
quote:
Not if you count mortgage debt.
How mortgage debt and equity is factored into net worth calculations is always tricky and can be misleading.
Posted on 8/17/14 at 5:44 pm to blades8088
quote:
Where exactly have I said I want to take something that isnt mine? The fact is the richest 20% have 85% of the wealth in the US and they are keeping it.
Damn right we are
Posted on 8/17/14 at 5:46 pm to Ole War Skule
quote:
.are you really saying I should be able to give my assets to my kids when I die, but should give them to you?
the network extends farther than that, it's not just inheriting wealth, there is a pretty good infrastructure in place to stave off others that want to get too close to the "circle of trust"
Posted on 8/17/14 at 5:47 pm to Ole War Skule
That's exactly what he, and the idiot Warren Buffett, are saying.
Now that Warren has set up all his family, he wants to change all the inheritance tax laws. He needs to STFU.
Now that Warren has set up all his family, he wants to change all the inheritance tax laws. He needs to STFU.
Posted on 8/17/14 at 5:47 pm to TigerintheNO
quote:
Net worth at the 50th percentile (median) totaled $56,335 in 2013. Which is down over 31K (36%) in the last 10 years. In 2003, the average net worth was $87,992.
That's a bad drop off. Unusually high even when you consider that a liberal is in office.
Yes my net worth is higher than this.
Posted on 8/17/14 at 5:47 pm to 777Tiger
quote:
the network extends farther than that, it's not just inheriting wealth, there is a pretty good infrastructure in place to stave off others that want to get too close to the "circle of trust"
wow....don't tell me..the tri-lateral commission, bilderbergs, and masons?
Posted on 8/17/14 at 5:48 pm to TigerintheNO
Posted on 8/17/14 at 5:48 pm to N2cars
quote:
Now that Warren has set up all his family, he wants to change all the inheritance tax laws. He needs to STFU.
no kidding....let him 1st pay higher tax rates retroactively to day one on his own, THEN I might listen to his proposal
Posted on 8/17/14 at 5:50 pm to blades8088
Sorry to put words in your mouth. 
Don't believe everything your liberal teachers or profs tell you.
Always question things like that graph/video and consider the producer's motives.
Don't believe everything your liberal teachers or profs tell you.
Always question things like that graph/video and consider the producer's motives.
Posted on 8/17/14 at 5:52 pm to TigerintheNO
Im not, but my parents certainly are. I wont be wealthy until I graduate college. Good thing my parents buy me whatever I want.
Posted on 8/17/14 at 5:53 pm to Ole War Skule
quote:
wow....don't tell me..the tri-lateral commission, bilderbergs, and masons?
if you'd do a little research on the "power families" of this country, how they attained their wealth, and how they preserve it, not only might you be appalled, you might want to get on that helicopter and fly away
Posted on 8/17/14 at 5:53 pm to Ole War Skule
Do you think their is a problem that the average household income has declined since the 90s? It will only get better when your "rich" ultimately stop being greedy for the problem to get any better. We have companies like Walmart that pay shite salaries, causing the workers to still qualify for govermental assistance. Why should the middle class and the tax payers need to supply the government with their tax dollars to supplement the income of these people. Instead of the company profting 20 billion dollars yearly why not pay everyone a living wage and only profit 10 billion. Same with many other companies. Insurance companies being the fricking worst
Posted on 8/17/14 at 5:54 pm to TigerintheNO
Damn I'm rich
Posted on 8/17/14 at 5:56 pm to Turkey_Creek_Tiger
I thought your mom died
Posted on 8/17/14 at 5:56 pm to blades8088
Damn, I was wrong. It's too late for you.
FWIW, I usually tip 20%.
FWIW, I usually tip 20%.
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