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July 21, 2008 at 7:15 AM in reply to: Off Topic: “Their Fair Share” Taxes paid by the “Rich” #243603July 21, 2008 at 7:15 AM in reply to: Off Topic: “Their Fair Share” Taxes paid by the “Rich” #243745BoratParticipant
The definition of “rich” is the key to understanding how the super-wealthy soak the middle class to prevent the huddled masses from having a revolution and marching them all off to Le Guillotine. The definition of “rich” depends on who you are talking to:
Actual Super Wealthy Person: “Rich” means having several million invested and the majority of your income coming from passive investments. “Rich” means that your wealth and livelihood are isolated from political and economic events.
Middle Class Person: “Rich” means owning a couple of houses in nice parts of the country, taking fancy vacations and staying in nice resorts, having your kids in private school, and owning a 7-series BMW. Some day I hope to be rich, like my neighbor Mr. Jenkins, the attorney.
Poor Person: “Rich” means anyone making more than $100K per year (Note: this category probably includes the reporter that wrote this article!)
Articles like the one in the WSJ are designed to convince people in the second and third category that people in the first category don’t really exist, and if they do, they’re not important enough to worry about. The actual wealthy people that design things like the Bush tax cuts, the medicare giveaway and the Bear Stearns bailout stay hidden in the shadows while pitting the middle classes against the poor. There is a reason that whoever financed this study picked those particular income levels. Had they picked a higher income level (say $1M/year or higher), you can be guaranteed that the results would have said something very different, namely that the Bush tax cuts have generated a huge windfall for the people in category 1.
July 21, 2008 at 7:15 AM in reply to: Off Topic: “Their Fair Share” Taxes paid by the “Rich” #243752BoratParticipantThe definition of “rich” is the key to understanding how the super-wealthy soak the middle class to prevent the huddled masses from having a revolution and marching them all off to Le Guillotine. The definition of “rich” depends on who you are talking to:
Actual Super Wealthy Person: “Rich” means having several million invested and the majority of your income coming from passive investments. “Rich” means that your wealth and livelihood are isolated from political and economic events.
Middle Class Person: “Rich” means owning a couple of houses in nice parts of the country, taking fancy vacations and staying in nice resorts, having your kids in private school, and owning a 7-series BMW. Some day I hope to be rich, like my neighbor Mr. Jenkins, the attorney.
Poor Person: “Rich” means anyone making more than $100K per year (Note: this category probably includes the reporter that wrote this article!)
Articles like the one in the WSJ are designed to convince people in the second and third category that people in the first category don’t really exist, and if they do, they’re not important enough to worry about. The actual wealthy people that design things like the Bush tax cuts, the medicare giveaway and the Bear Stearns bailout stay hidden in the shadows while pitting the middle classes against the poor. There is a reason that whoever financed this study picked those particular income levels. Had they picked a higher income level (say $1M/year or higher), you can be guaranteed that the results would have said something very different, namely that the Bush tax cuts have generated a huge windfall for the people in category 1.
July 21, 2008 at 7:15 AM in reply to: Off Topic: “Their Fair Share” Taxes paid by the “Rich” #243807BoratParticipantThe definition of “rich” is the key to understanding how the super-wealthy soak the middle class to prevent the huddled masses from having a revolution and marching them all off to Le Guillotine. The definition of “rich” depends on who you are talking to:
Actual Super Wealthy Person: “Rich” means having several million invested and the majority of your income coming from passive investments. “Rich” means that your wealth and livelihood are isolated from political and economic events.
Middle Class Person: “Rich” means owning a couple of houses in nice parts of the country, taking fancy vacations and staying in nice resorts, having your kids in private school, and owning a 7-series BMW. Some day I hope to be rich, like my neighbor Mr. Jenkins, the attorney.
Poor Person: “Rich” means anyone making more than $100K per year (Note: this category probably includes the reporter that wrote this article!)
Articles like the one in the WSJ are designed to convince people in the second and third category that people in the first category don’t really exist, and if they do, they’re not important enough to worry about. The actual wealthy people that design things like the Bush tax cuts, the medicare giveaway and the Bear Stearns bailout stay hidden in the shadows while pitting the middle classes against the poor. There is a reason that whoever financed this study picked those particular income levels. Had they picked a higher income level (say $1M/year or higher), you can be guaranteed that the results would have said something very different, namely that the Bush tax cuts have generated a huge windfall for the people in category 1.
July 21, 2008 at 7:15 AM in reply to: Off Topic: “Their Fair Share” Taxes paid by the “Rich” #243814BoratParticipantThe definition of “rich” is the key to understanding how the super-wealthy soak the middle class to prevent the huddled masses from having a revolution and marching them all off to Le Guillotine. The definition of “rich” depends on who you are talking to:
Actual Super Wealthy Person: “Rich” means having several million invested and the majority of your income coming from passive investments. “Rich” means that your wealth and livelihood are isolated from political and economic events.
Middle Class Person: “Rich” means owning a couple of houses in nice parts of the country, taking fancy vacations and staying in nice resorts, having your kids in private school, and owning a 7-series BMW. Some day I hope to be rich, like my neighbor Mr. Jenkins, the attorney.
Poor Person: “Rich” means anyone making more than $100K per year (Note: this category probably includes the reporter that wrote this article!)
Articles like the one in the WSJ are designed to convince people in the second and third category that people in the first category don’t really exist, and if they do, they’re not important enough to worry about. The actual wealthy people that design things like the Bush tax cuts, the medicare giveaway and the Bear Stearns bailout stay hidden in the shadows while pitting the middle classes against the poor. There is a reason that whoever financed this study picked those particular income levels. Had they picked a higher income level (say $1M/year or higher), you can be guaranteed that the results would have said something very different, namely that the Bush tax cuts have generated a huge windfall for the people in category 1.
July 21, 2008 at 6:42 AM in reply to: Off Topic: “Their Fair Share” Taxes paid by the “Rich” #243587BoratParticipantJust so you know, people who make between $100K-$400K a year are not “rich”, at least according to the people who engineered the Bush tax cuts. I want to see the statistics for those making $5M a year and up. You can bet that they are paying a lot less than they used to. This article exploits one of the most powerful weapons in the class warfare arsenal, making the middle class think that they are “rich” just because they can afford a house in a decent area and they drive a Lexus. The $100K-$400K/year range is decidedly middle to upper-middle-class, and it’s no surprise that they are the people who pay the most tax. Third world countries like the US and Mexico always extract heavy amounts of tax tribute from their middle class workers. As the middle class shrinks because of predatory capitalist policies, they pay more and more tax to finance the social programs that prevent the starving masses from revolting and eating the super-rich. Expect this situation to get much much worse.
July 21, 2008 at 6:42 AM in reply to: Off Topic: “Their Fair Share” Taxes paid by the “Rich” #243730BoratParticipantJust so you know, people who make between $100K-$400K a year are not “rich”, at least according to the people who engineered the Bush tax cuts. I want to see the statistics for those making $5M a year and up. You can bet that they are paying a lot less than they used to. This article exploits one of the most powerful weapons in the class warfare arsenal, making the middle class think that they are “rich” just because they can afford a house in a decent area and they drive a Lexus. The $100K-$400K/year range is decidedly middle to upper-middle-class, and it’s no surprise that they are the people who pay the most tax. Third world countries like the US and Mexico always extract heavy amounts of tax tribute from their middle class workers. As the middle class shrinks because of predatory capitalist policies, they pay more and more tax to finance the social programs that prevent the starving masses from revolting and eating the super-rich. Expect this situation to get much much worse.
July 21, 2008 at 6:42 AM in reply to: Off Topic: “Their Fair Share” Taxes paid by the “Rich” #243737BoratParticipantJust so you know, people who make between $100K-$400K a year are not “rich”, at least according to the people who engineered the Bush tax cuts. I want to see the statistics for those making $5M a year and up. You can bet that they are paying a lot less than they used to. This article exploits one of the most powerful weapons in the class warfare arsenal, making the middle class think that they are “rich” just because they can afford a house in a decent area and they drive a Lexus. The $100K-$400K/year range is decidedly middle to upper-middle-class, and it’s no surprise that they are the people who pay the most tax. Third world countries like the US and Mexico always extract heavy amounts of tax tribute from their middle class workers. As the middle class shrinks because of predatory capitalist policies, they pay more and more tax to finance the social programs that prevent the starving masses from revolting and eating the super-rich. Expect this situation to get much much worse.
July 21, 2008 at 6:42 AM in reply to: Off Topic: “Their Fair Share” Taxes paid by the “Rich” #243793BoratParticipantJust so you know, people who make between $100K-$400K a year are not “rich”, at least according to the people who engineered the Bush tax cuts. I want to see the statistics for those making $5M a year and up. You can bet that they are paying a lot less than they used to. This article exploits one of the most powerful weapons in the class warfare arsenal, making the middle class think that they are “rich” just because they can afford a house in a decent area and they drive a Lexus. The $100K-$400K/year range is decidedly middle to upper-middle-class, and it’s no surprise that they are the people who pay the most tax. Third world countries like the US and Mexico always extract heavy amounts of tax tribute from their middle class workers. As the middle class shrinks because of predatory capitalist policies, they pay more and more tax to finance the social programs that prevent the starving masses from revolting and eating the super-rich. Expect this situation to get much much worse.
July 21, 2008 at 6:42 AM in reply to: Off Topic: “Their Fair Share” Taxes paid by the “Rich” #243799BoratParticipantJust so you know, people who make between $100K-$400K a year are not “rich”, at least according to the people who engineered the Bush tax cuts. I want to see the statistics for those making $5M a year and up. You can bet that they are paying a lot less than they used to. This article exploits one of the most powerful weapons in the class warfare arsenal, making the middle class think that they are “rich” just because they can afford a house in a decent area and they drive a Lexus. The $100K-$400K/year range is decidedly middle to upper-middle-class, and it’s no surprise that they are the people who pay the most tax. Third world countries like the US and Mexico always extract heavy amounts of tax tribute from their middle class workers. As the middle class shrinks because of predatory capitalist policies, they pay more and more tax to finance the social programs that prevent the starving masses from revolting and eating the super-rich. Expect this situation to get much much worse.
June 26, 2008 at 1:57 PM in reply to: McCain should win in landslide. Obama turning out to be a lightweight. #228960BoratParticipantThe Chinese are reasonable. They at least don’t have a religion that says that they should be killing people who aren’t following their religion.
Actually, they do have a religion — statism, and they quite frequently dispose of people who follow a different belief system. Ever heard of Falun Gong?
June 26, 2008 at 1:57 PM in reply to: McCain should win in landslide. Obama turning out to be a lightweight. #229080BoratParticipantThe Chinese are reasonable. They at least don’t have a religion that says that they should be killing people who aren’t following their religion.
Actually, they do have a religion — statism, and they quite frequently dispose of people who follow a different belief system. Ever heard of Falun Gong?
June 26, 2008 at 1:57 PM in reply to: McCain should win in landslide. Obama turning out to be a lightweight. #229088BoratParticipantThe Chinese are reasonable. They at least don’t have a religion that says that they should be killing people who aren’t following their religion.
Actually, they do have a religion — statism, and they quite frequently dispose of people who follow a different belief system. Ever heard of Falun Gong?
June 26, 2008 at 1:57 PM in reply to: McCain should win in landslide. Obama turning out to be a lightweight. #229122BoratParticipantThe Chinese are reasonable. They at least don’t have a religion that says that they should be killing people who aren’t following their religion.
Actually, they do have a religion — statism, and they quite frequently dispose of people who follow a different belief system. Ever heard of Falun Gong?
June 26, 2008 at 1:57 PM in reply to: McCain should win in landslide. Obama turning out to be a lightweight. #229138BoratParticipantThe Chinese are reasonable. They at least don’t have a religion that says that they should be killing people who aren’t following their religion.
Actually, they do have a religion — statism, and they quite frequently dispose of people who follow a different belief system. Ever heard of Falun Gong?
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