Rich (Now with the Upper Middle Class) - Page 45 - Politics and Economics

Get this through your head you Libertarian sociopath. No one anywhere ever accomplished anything on their own due to some superior intellect or work ethic.Every single great accomplishment or accumalation of wealth was acheived by standing on the shoulder's of the previous generation's works.

The tycoon owes his position to the collective aggregate production and innovation of all the people that came before him. The tycoon owes all.

You're doing it wrong. The correct answer is that Paris Hilton is rich and doesn't deserve it so everyone over $250k doesn't need it.

06-03-2011 , 05:01 PM

#1102

BadBoyBenny

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Join Date: Dec 2003 Posts: 7,799

Quote:

Originally Posted by leavesofliberty

the point still remains the same. there is no entity "society". there is only you, I and all the rest.

There is no property there is only you I and the fruits of the earth

06-03-2011 , 05:11 PM

#1103

A_C_Slater

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Quote:

Originally Posted by mosdef

You're doing it wrong. The correct answer is that Paris Hilton is rich and doesn't deserve it so everyone over $250k doesn't need it.

I didn't say that wealthy people don't deserve their wealth. I was just trying to point out the idea that they owe nothing to no one is absurd. It goes both ways, sometimes truly deserving people die broke because they never used the State to protect themselves from wealthy business interests (Tesla.)

Power grows exponentially with capital. In order to keep this exponential power growth in check these exceptional individuals should be taxed more. If higher taxes demotivates them to work hard for materialistic reasons then even more exceptional altruistic motivated individuals can take their place.

06-03-2011 , 05:37 PM

#1104

leavesofliberty

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Quote:

Originally Posted by BadBoyBenny

There is no property there is only you I and the fruits of the earth

then there are no resources, and then there are no riches, and the entire topic is absurd. fortunately I live in the real world where there are conditions of scarcity.

Quote:

Originally Posted by A_C_Slater

I didn't say that wealthy people don't deserve their wealth. I was just trying to point out the idea that they owe nothing to no one is absurd.

good thing nobody was making that point that you are now rebutting. no doubt you'll continue to rebut as though this is what I was actually saying all along.

Quote:

Originally Posted by A_C_Slater

It goes both ways, sometimes truly deserving people die broke because they never used the State to protect themselves from wealthy business interests (Tesla.)

capital grows exponentially with the State. [...]

fyp. anyway, it doesn't bother me what motivates people. I'd grow exhausted trying to worry and control people's motivations. I only concern myself about actions... not about people having the wrong attitude.

06-03-2011 , 06:10 PM

#1105

GMontag

old hand

Join Date: Apr 2006 Posts: 1,599

Quote:

Originally Posted by leavesofliberty

the point still remains the same. there is no entity "society". there is only you, I and all the rest.

There is no entity "you", there is only organs and cells and DNA.

06-03-2011 , 08:13 PM

#1106

leavesofliberty

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Quote:

Originally Posted by GMontag

There is no entity "you", there is only organs and cells and DNA.

so, when you go outside, do you have difficulty distinguishing between the individual and their organs? of course not. the distinguishment is clear.

action is reserved for humans, not organs. one doesn't blame a finger for pulling a trigger. one places the blames the trigger man. when someone says society is to blame, who are they talking about? neither does a society act for a society doesn't have a will of its own.

06-03-2011 , 09:20 PM

#1107

chucky

Pooh-Bah

Join Date: Feb 2006 Posts: 4,998

Quote:

Originally Posted by grizy

Semantics maybe... but 250k is well off, not rich.

With only 250k, you'll struggle to send two kids to private colleges without making significant personal sacrifices.

You can't even buy "luxury" cars without worrying about what you're giving up.

Sending two kids to private school costs the parents 30k per year per child. Sending kids to public school costs about 18k per year. Took education costs from http://centerforcollegeaffordability...dizes_Whom.pdf and tacked on 13-15k for living expenses.

at 18k *9 years it is well within the financial capacity of a household with 250k a year average income that has reasonably prudent planning. Families with 250k a year income dont send both kids to private school.

What constitutes a "luxury" car? The average new vehicle purchased today costs 30k.

06-04-2011 , 02:11 AM

#1108

grizy

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Let's just say an M5 or E55. Even a Jeep Grand Cherokee would represent a significant chunk of $250k, even if they somehow pay effectively 0 tax.

And there is no way it costs only $30k/yr to send a child to a private college. Ain't... gonna... happen.

Before you start even bother looking for average out of pocket expenses, keep in mind by the time you get to 250k, financial aid becomes rather difficult to find.

06-04-2011 , 04:01 AM

#1109

DCJ311

Pooh-Bah

Join Date: Dec 2004 Posts: 4,627

whytf are people still paying taxes

06-04-2011 , 09:16 AM

#1110

Boa Hancock

adept

Join Date: Jul 2010 Posts: 737

What's really sad is that, thanks to Fly, rich people now have a thread named for them, but poor people do not.

06-04-2011 , 10:44 AM

#1111

Omar Comin

fantasy failure

Join Date: Jun 2007 Posts: 27,348

Quote:

Originally Posted by grizy

You know it's 250k a year right?

06-04-2011 , 10:56 AM

#1112

Sholar

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Join Date: Jul 2007 Posts: 6,357

Rich people don't take loans, obviously. Or save money. I'm also not seeing the costs of the mistresses carefully accounted for.

But I see this thread has become a sort of training ground for...um...posting tactics. Time to unsubscribe...

06-04-2011 , 11:39 AM

#1113

Gullanian

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Join Date: Dec 2006 Posts: 14,014

LMAO AT THIS THREAD

$250k a year, isn't rich because a M5 costs a lot, going to private school costs a lot blah blha having a jcuzzi costs a lot

LOL.

06-04-2011 , 12:43 PM

#1114

grizy

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Quote:

Originally Posted by Omar Comin

You know it's 250k a year right?

Yes.

Last edited by grizy; 06-04-2011 at 12:54 PM.

06-04-2011 , 12:55 PM

#1115

Max Raker

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Quote:

Originally Posted by grizy

Yes.

A person making 250k from when he/she is 30 to 55 can easily live in a million dollar house, send 2 kids to private school and drive luxury cars.

06-04-2011 , 12:59 PM

#1116

grizy

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Quote:

Originally Posted by Max Raker

A person making 250k from when he/she is 30 to 55 can easily live in a million dollar house, send 2 kids to private school and drive luxury cars.

Your underlying assumption is he'll save a decent chunk of the money and increase his passive income.

He's no longer making just 250k at that point.

Either that or he's living in one of the cheaper parts of the country and isn't treating himself and his family to luxuries beyond luxury cars.

06-04-2011 , 01:05 PM

#1117

Gullanian

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Seriously what planet are you guys on

06-04-2011 , 01:12 PM

#1118

Max Raker

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Quote:

Originally Posted by grizy

Your underlying assumption is he'll save a decent chunk of the money and increase his passive income.

I mean , I am assuming he is not ******ed. He isn't keeping all his money in checking long term.

06-04-2011 , 01:13 PM

#1119

prana

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Join Date: May 2005 Posts: 8,513

Quote:

Originally Posted by grizy

So if someone makes 3 million per year but spends it all except for 25k they aren't rich anymore?

06-04-2011 , 01:17 PM

#1120

PolvoPelusa

adept

Join Date: Aug 2008 Posts: 974

Quote:

Originally Posted by A_C_Slater

It's not their money, it belongs to society. Society allowed them to grow up under the benevolent watchful eye and kept them from being enslaved by generational wealthy peoples. The right thinks the left is just looking for handouts. But someone like Bill Gates benefits massively from having his software running in public schools everywhere so he should pay more in taxes. Yeah that's right bitch, Gates owes the "looters" for his dominant position. Society is allowing him access to lifetime "users" of his product by indoctrinating children to use it. Give to Obama what is Obama's.

wait, let me get this straight.

Step 1. Bill Gates pays people to design software.
Step 2. People then pay Bill Gates to use his software.
Step 3. Bill Gates pays people to use his software.

I don't get it.

06-04-2011 , 01:57 PM

#1121

pvn

Guest

Posts: n/a

Quote:

Originally Posted by PolvoPelusa

Check AC_Slater's location and you'll get it.

06-04-2011 , 02:05 PM

#1122

SenorKeeed

mew mew mew

Join Date: Jul 2006 Posts: 37,476

A_C_Slater: great 2+2 politics troll or GOAT 2+2 politics troll?

06-04-2011 , 06:22 PM

#1123

DonAdriaanWaanzin

enthusiast

Join Date: Nov 2010 Posts: 68

As mentioned before, rich is all about perception. Some people making 1M+ may not feel rich.

To me $250k is rich.

How come this took over 1000 pages?

06-04-2011 , 07:09 PM

#1124

Sholar

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Join Date: Jul 2007 Posts: 6,357

Quote:

Originally Posted by DonAdriaanWaanzin

As mentioned before, rich is all about perception. Some people making 1M+ may not feel rich.

To me $250k is rich.

How come this took over 1000 pages?

Time to move this thread in a new, cliched direction:

1 post per page?