Could you live on $471,465 per year?

[Toddsterpatriot]

Now since I had a CFP designation at one time in my life,

I hope your clients don't sue.

 

[DigitalDrifter]

It's not me, it's the woman I am Separated from.

There won't be any options for me short of me being allowed the freedom to earn what a high performer with my education and experience would earn.

So they are foreclosing on her? But, you are married, yes?

 

[80zephyr]

No assumption, straight American history. You lived in a place that was 100 percent white and can't understand how Jim Crow helped you. LOL!

Maybe you can explain it?

 

[shockedcanadian]

So they are foreclosing on her? But, you are married, yes?

No, on us. We both own the home jointly.

 

[DigitalDrifter]

Ask the people who did the study.

The people who did the study, are saying it's a one-time redistribution, not a yearly salary. So how about acknowledging that your thread title is incorrect.

 

[DigitalDrifter]

No, on us. We both own the home jointly.

Can't you simply sell and split the profits?

 

[Toddsterpatriot]

You live in a socialist country, Canadian. You haven't moved here yet.

In my experience of starting a business and watching it grow, wealth is created by people working together and producing products and services that people want or need. It isn't made by a single rich person. That single rich person could have the greatest product of all time, but if he or she cannot produce enough of it to meet the demand promptly, that rich person uses their money. That single rich person then needs workers, and without those workers there is nothing. Therefore, everybody SHOULD be paid the same. Now STFU.

Therefore, everybody SHOULD be paid the same.

Damn, you're dim.

 

[shockedcanadian]

Can't you simply sell and split the profits?

That's what I have been trying to do for.over two years but she refuses to sign (with advice from some Im sure)so now we are both going to be hurt.

 

[ThunderKiss1965]

People talk badly about socialism and Marxism. Most don't even know what they are. But here is a question for you:

Could you live on $471,465 per year?

If Wealth Was Evenly Distributed Across the US, How Much Money Would Every Person Have?​

According to the Federal Reserve, U.S. households hold $160.35 trillion in combined wealth, which is the value of every American’s assets minus their liabilities.

To say it’s distributed unevenly is too much of an understatement to even qualify as an understatement. The bottom 50% of the country shares less than 3% of that enormous pie, while the most fortunate 10% gorge on nearly all of it.

Here’s a look at how much money each American would have if every person got an equal slice of the country’s wealth.

According to Google’s Data Commons project, the U.S. is home to roughly 340.11 million people.

If they divvied up the country’s $160.35 trillion jackpot equally, each would have about $471,465. That’s $942,930 per couple. If a couple had two kids, the four of them would be sitting pretty with $1.89 million.

MSN

The idiocracy of wealth redistribution. The US has spent over 20 trillion dollars on "The War on Poverty" why do we still have poor people ?

Take away money from the successful and give it to the poor and we will still have poor people. That's a fact.

 

[drudge X]

This thread is about a study, but you retarded chumps decided to post your racist bullshit.

Actually there is such a thing as wealth equality. Fighting continuing white racism IS doing something about the situation. Now since I had a CFP designation at one time in my life, shut the **** up.

Excellent. So you admit that because you work and that is how you earned that CFP title. No one gave it to you and you did not need Democrats screaming racism on your behalf.

 

[drudge X]

The idiocracy of wealth redistribution. The US has spent over 20 trillion dollars on "The War on Poverty" why do we still have poor people ?

Take away money from the successful and give it to the poor and we will still have poor people. That's a fact.

It’s a strange country.

We spent large sum of money to fight global warming but nothing has changed.
We spent even larger sum of money on education but US continues to fall behind.

There are many more but this country seems to believe problems can be solved with money.

 

[IM2]

The idiocracy of wealth redistribution. The US has spent over 20 trillion dollars on "The War on Poverty" why do we still have poor people ?

Take away money from the successful and give it to the poor and we will still have poor people. That's a fact.

Another dumb post by A person who really knows little. How many trillions have we spent n corporate welfare since 1960? Do any of you anti "wealth redistribution" idoits have a clue about that amount?

Or do you just keep letting the ultra-rich tell you how to think?

 

[IM2]

Excellent. So you admit that because you work and that is how you earned that CFP title. No one gave it to you and you did not need Democrats screaming racism on your behalf.

White man, shut the **** up. You are a racist, therefore Democrats don't have to scream a damn thing. I get tired of you racist mothrrfuckers whining because we refuse to take your bulshit. Whites didn't get very much by earning it. Your skin color has given you pathways denied to others and it still does. Yet you come in places like this pretending it desn't even while you white ass is praticing the exclusion you say desn't happen anymore. Nobody wants to read your bulshit. Post on topic or get the **** out of this thread.

 

[SassyIrishLass]

White man, shut the **** up. You are a racist, therefore Democrats don't have to scream a damn thing. I get tired of you racist mothrrfuckers whining because we refuse to take your bulshit. Whites didn't get very much by earning it. Your skin color has given you pathways denied to others and it still does. Yet you come in places like this pretending it desn't even while you white ass is praticing the exclusion you say desn't happen anymore. Nobody wants to read your bulshit. Post on topic or get the **** out of this thread.

You need to relax on that racist angle.

Seriously

 

[ThunderKiss1965]

Another dumb post by A person who really knows little. How many trillions have we spent n corporate welfare since 1960? Do any of you anti "wealth redistribution" idoits have a clue about that amount?

Or do you just keep letting the ultra-rich tell you how to think?

Tax breaks are not "corporate welfare". That's the problem with you sheep you believe you are entitled to other people success.

No one tells me how to think, why do you let your Marxist handlers tell you how to ?

Give a poor person a million dollars and they will be back to being a poor person in no time. Take away a successful persons money and they will work to get it back. Why do you think most lottery winners end up going bankrupt ? It isn't because successful people are stealing their money.

 

[IM2]

Tax breaks are not "corporate welfare". That's the problem with you sheep you believe you are entitled to other people success.

No one tells me how to think, why do you let your Marxist handlers tell you how to ?

Give a poor person a million dollars and they will be back to being a poor person in no time. Take away a successful persons money and they will work to get it back. Why do you think most lottery winners end up going bankrupt ? It isn't because successful people are stealing their money.

You really have the catch phrases down pat. Your last sentence is not accurate. So-called successful people by your standards have lost all they had and turned poor, never getting their wealth back.

So called successful people almost murdered this economy in 2008 and they to bailed out by the government due to Bush and TARP. That's how they made their wealth back. Off our backs.

Learn how to read. I specifically said corporate welfare. and tax breaks for the rich redistributes additional money to them from those who are not rich. You idiots love calling people Marxists, and you don't know what Marxism is.

 

[IM2]

Welfare for the Well-Off: How Business Subsidies Fleece Taxpayers​

Federal subsidies to U.S. businesses now cost American taxpayers nearly $100 billion a year. If all corporate welfare programs were eliminated, Congress would have enough money to entirely eliminate the capital gains tax and the death tax. Alternatively, Congress could cut the personal and corporate income tax by 10 percent across the board. Either of these alternatives would do far more to enhance the competitiveness of U.S. industry than the current industrial policy approach of trying to help American companies one at a time.

For most Americans the term welfare is associated with any number of negative images: laziness, illegitimacy, family breakup, irresponsibility, and wasted tax dollars. We hear "welfare" and our minds conjure up a young unwed mother of two or three infants, huddled in front of a TV set in a public housing tenement and living at taxpayer expense on monthly Aid to Families with Dependent Children (AFDC) checks and food stamps. We react negatively because too often these checks subsidize bad behavior and encourage dependency rather than self-responsibility.

The American Heritage dictionary defines welfare as "receiving regular assistance from the government or a private agency because of need." What is surprising about our modern-day welfare state is just who it is that Congress really believes to be "in need."

Some of the most subsidized recipients of public assistance are not welfare queens housed in public tenement apartments. They are not even poor or ailing at all. Far from it.

America's most costly welfare recipients today are Fortune 500 companies. In 1997 the Fortune 500 corporations recorded best-ever earnings of $325 billion, yet incredibly Uncle Sam doled out nearly $100 billion in taxpayer subsidies

Welfare for the Well-Off: How Business Subsidies Fleece Taxpayers

Federal subsidies to U.S. businesses now cost American taxpayers nearly $100 billion a year. If all corporate welfare programs were eliminated, Congress would have enough money to entirely eliminate the capital gains tax and the death tax. Alternatively, Congress could cut the personal and...

www.hoover.org

This was written in 1999. Things haven't changed.

 

[ThunderKiss1965]

You really have the catch phrases down pat. Your last sentence is not accurate. So-called successful people by your standards have lost all they had and turned poor, never getting their wealth back.

So called successful people almost murdered this economy in 2008 and they to bailed out by the government due to Bush and TARP. That's how they made their wealth back. Off our backs.

Learn how to read. I specifically said corporate welfare. and tax breaks for the rich redistributes additional money to them from those who are not rich. You idiots love calling people Marxists, and you don't know what Marxism is.

Wrong moron the Community Reinvestment Act in the 70's and Clinton's expanding of it is what murdered the economy. The Democrats ignoring the emanate collapse of Fannie Mae and Freddie Mac was what murdered the economy. .

Being so ignorant it's no wonder why anyone with more than half a brain cell ignores your rambling bullshit. You are a progressive liberal which makes you a lap dog for the real Marxist.

Clinton's Legacy: The Financial and Housing Meltdown

Clinton sowed the seeds of the Great Recession by helping to inflate the housing bubble.

reason.com

 

[Orangecat]

I can tell who has money and who doesn’t on this board based on how they post about money. No one wants your tiny pile of dirt man.

How much money do I have, Miss Cleo?

 

[braalian]

You might be surprised at what would probably happen. The same amount of money/wealth would exist, it is just evenly distributed.

Money would quickly become almost worthless and almost everyone would be equally poor