OT Are taxes killing us financially?

The number is ten thousand Dan. Something you should have looked up before you shot your mouth off. Are you senile or just a partisan nut case?

You will have to post where you got that information before I believe it. And I probably will not believe it then.

Forbes makes a list of the 400 richest people in America. The net worth of the 400th person on the list is one billion dollars. And that is net worth, not income. The new worth of the 55th richest is 5 billion dollars. So if he were to be able to make 20% on his net worth, he would have a billion dollar income. So my best guess is that there is less than 55 people with a income of one billion dollars. I mean to say making 20% on your net worth is pretty unlikely.

So I guess you will just have to conclude that I am senile.

Dan

Nimber 1140 on the list of billionaires is Ding Shijia.

Just lazy and partisan. You are a pretty smart guy though. That only makes your statements more difficult to understand.

Oh yeah.

1140 is a position dictated by wealth, not numeration. There are a boat load of number 1140's. .

My original statement was that a 90% U S income tax would on those that made a billion dollars a year would not be significant. So I thought it was obvious that only those that lived in the U.S. were relevant.

I was not able to readily find a list of the highest income earners in the U.S. This morning there was a blurb on how much some hedge fund managers made. But I still think there are not too many people that have an income of a billion a year.

How about thinking of me as lazy and senile.

Dan

You have a child. Some childless person is helping to pay for your deduction and your kids school funding.

Wes

Ed,

Kill kitties and eat them, last I knew that was a 4 year felony in my state. The vet is happily married. ;)

Wes

His child will end up paying a lot more in taxes than those deductions that's called an investment.

You must not have as many Chinese restaurants as we do. d8-)

This is true, indeed. (though I pay real estate tax and such).

On the other hand, some other childless person helped pay for the education of that childless person.

i

How does that work? Didn't the childfree person get educated by his parents? Just because a childfree person is free of children doesn't mean his parents were. ;-)

They need to stop the discrimination against the childfree, it's that simple.

Cheers! Rich

You mean it's in investment in the collective. If my getting ripped off to pay for the upkeep of the breeders' screaming poop machines is supposed to be some kind of "investment," where's my return?

I'm investing in "society," you say? Then get the Hell out of the Land of the Free, you goddamned communist.

Thanks, Rich

If you had received a good education that would have been your return.

I hope not! My Mom and Dad paid for my education. Forcing someone else to turn over the fruits of their labor to give a benefit to _ME_ is just plain wrong.

In fact, my Mom and Dad let me tag along to a school board meeting when I was in about 6th grade, and I saw the people there (there were about 100 citizens observing the meeting, and participating) vote for a bond issue for _themselves_.

But that was back when schools were local, before the unionists and other socialists got their tentacles into the schools and turned them into propaganda mills.

Thanks, Rich

Since apparently, you didn't learn anything in school, you should be forced to give the money back.