what if the 1 percent says goodbye. where would money come from ??

[Slade3200]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

Do you think that money would just disappear?! The 1% are the 1% because of the amount of wealth and money that they own. If they were eliminated then that money would be distributed and circulated around the economy

 

[eagle1462010]

without government there wouldn't be business

And people would no longer need wood for a shelter.

People would no longer need food and water.

People would go around NAKED......no more cloths......

Without GOVERNMENT.......WHAT WOULD WE DO.........

Bow to YOUR GOD............GOVERNMENT..........

 

[HereWeGoAgain]

If I happened to be in the top 10% I would have moved long ago.

Eh...it ain't that easy.
The Wife and I are in the top 5% but if we were to move that money flow would end.
Our plan is to make sure we're good with our savings for fifteen years,and when I say good we keep up our current lifestyle.
After that we keep pulling from our savings but rely on SS as well.
Hell,we spend less now in our fifties than we did in our 30's and 40's.
In other words we're finding that we dont need or want the latest and greatest shit.
Our end needs are going to be simple,50 to 100 acres of land how much really depends on what the piece of property offers.
A SxS side,a tractor with a front end loader and box blade,a pond with a dock,shooting range and a Barndominium with a large shop.

We started that plan three years ago. Sold our big house and bought the property (not 100 acres, wish it was) and built what we could for cash. Both vehicles are a bit older but paid off. The barns need some work but we’re getting there. Next up is the cattle. Setting up the watering system and fixing up the fences. Part of that includes clearing the pong perimeter of over growth. A lot of work but love it.

Yep....
We can sell the house here in Katy for easily 600k. It's way too big for the Wife and I and we only bought it because the Wife just had to have it....she regrets it now.
That'll pay for the land and the Barndominium for the most part.
But yeah I know what ya mean about loving it!!!
Our last weekend place was only ten acres but it had 100 yards of river front on the S Llano river.
View attachment 357991
I kick myself in the ass daily for selling it.

But man did I have a blast improving the property!!
Time spent on the tractor was a joy rather than a job.

That’s awesome. We have 12 acres now. Trying to make a deal on the neighboring five. We wanted 40 but this one popped so cheap we jumped on it. And honestly 12 acres is a lot of work. Once the cattle get here it will actually be easier.

It’s fantastic out here though. We enjoy every minute.

We left a 5k square foot home. Like you it was so much work with cleaning and the swimming pool. No kid after graduation so a large portion was just empty. I was actually wondering what the wife would say when I suggested selling it and down sizing. As it turns out she was all for it. Best decision ever.

Yeah...
This house is just shy of 5k square foot and we bought it even though we had no kids.
Way To Big!!!
3 forken A/C units with furnaces to match. A roof that cost over 20k to be replaced. We pay for the pool cleaning these days and if I could dig the damn thing up i'd give it away for free I would.

Do you plan on raising the cattle for a profit or is it just for an ag exemption?
Depending on the acreage we end up with I'd like to lease out 20 acres by the road and let someone else deal with the cattle and I get the Ag exemption...plus a freezer full of beef.
I might have some yard birds and some Guineafowl to act as guard birds but other than that I want to do some Bass husbandry with crappie in a another lake.

 

[eagle1462010]

The DNC NARRATIVE is strong in this thread..............

Why would we listen to those who when in charge everyone flees their states and cities after they destroy them.

If they were so good with their views.........people would flock to them......Not run.......LOL

 

[Wyatt earp]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

Do you think that money would just disappear?! The 1% are the 1% because of the amount of wealth and money that they own. If they were eliminated then that money would be distributed and circulated around the economy

What is it 1,000 per person?

 

[HereWeGoAgain]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

Do you think that money would just disappear?! The 1% are the 1% because of the amount of wealth and money that they own. If they were eliminated then that money would be distributed and circulated around the economy

From the US economy yes.
It's no different than people bailing on NY and California.
Just a bit further away.

 

[Missouri_Mike]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

If the top 1% were to disappear, there would be much more income and wealth for the general population, all of whom would pay higher taxes, and have more taxabale income.

What will they produce? In mass amounts that let you swing by and get your food on demand. Are they going to produce IPhones? What kind of cars will they produce? What kind of housing?

 

[FA_Q2]

The money would come from the govt. where it originated for the 1%...

And....where did the government get its money? hmmm?

the FED?

 

[FA_Q2]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

Do you think that money would just disappear?! The 1% are the 1% because of the amount of wealth and money that they own. If they were eliminated then that money would be distributed and circulated around the economy

LOL.

Ya, sure. That has always worked well in the past.

 

[HereWeGoAgain]

We'd take lunch money and buy our own police, fire, and healthcare.

Or MS The World The World - Luxury Residences at Sea

Did a golf tour on The World in Scotland a few years ago.

So you'd bail on your beloved blm and antifa buddies?
That so goes against what you've said here on USMB.
In fact you sound like me.

 

[HereWeGoAgain]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

If the top 1% were to disappear, there would be much more income and wealth for the general population, all of whom would pay higher taxes, and have more taxabale income.

I'm sure you're going to follow this with a dissertation to support your Thesis.

 

[CremeBrulee]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

If the top 1% were to disappear, there would be much more income and wealth for the general population, all of whom would pay higher taxes, and have more taxabale income.

Wealth isn't a zero sum game. The top 1 percent isn't preventing you or anybody else from becoming wealthy because they have all the money.

 

[Missouri_Mike]

If I happened to be in the top 10% I would have moved long ago.

Eh...it ain't that easy.
The Wife and I are in the top 5% but if we were to move that money flow would end.
Our plan is to make sure we're good with our savings for fifteen years,and when I say good we keep up our current lifestyle.
After that we keep pulling from our savings but rely on SS as well.
Hell,we spend less now in our fifties than we did in our 30's and 40's.
In other words we're finding that we dont need or want the latest and greatest shit.
Our end needs are going to be simple,50 to 100 acres of land how much really depends on what the piece of property offers.
A SxS side,a tractor with a front end loader and box blade,a pond with a dock,shooting range and a Barndominium with a large shop.

We started that plan three years ago. Sold our big house and bought the property (not 100 acres, wish it was) and built what we could for cash. Both vehicles are a bit older but paid off. The barns need some work but we’re getting there. Next up is the cattle. Setting up the watering system and fixing up the fences. Part of that includes clearing the pong perimeter of over growth. A lot of work but love it.

Yep....
We can sell the house here in Katy for easily 600k. It's way too big for the Wife and I and we only bought it because the Wife just had to have it....she regrets it now.
That'll pay for the land and the Barndominium for the most part.
But yeah I know what ya mean about loving it!!!
Our last weekend place was only ten acres but it had 100 yards of river front on the S Llano river.
View attachment 357991
I kick myself in the ass daily for selling it.

But man did I have a blast improving the property!!
Time spent on the tractor was a joy rather than a job.

That’s awesome. We have 12 acres now. Trying to make a deal on the neighboring five. We wanted 40 but this one popped so cheap we jumped on it. And honestly 12 acres is a lot of work. Once the cattle get here it will actually be easier.

It’s fantastic out here though. We enjoy every minute.

We left a 5k square foot home. Like you it was so much work with cleaning and the swimming pool. No kid after graduation so a large portion was just empty. I was actually wondering what the wife would say when I suggested selling it and down sizing. As it turns out she was all for it. Best decision ever.

Yeah...
This house is just shy of 5k square foot and we bought it even though we had no kids.
Way To Big!!!
3 forken A/C units with furnaces to match. A roof that cost over 20k to be replaced. We pay for the pool cleaning these days and if I could dig the damn thing up i'd give it away for free I would.

Do you plan on raising the cattle for a profit or is it just for an ag exemption?
Depending on the acreage we end up with I'd like to lease out 20 acres by the road and let someone else deal with the cattle and I get the Ag exemption...plus a freezer full of beef.
I might have some yard birds and some Guineafowl to act as guard birds but other than that I want to do some Bass husbandry with crappie in a another lake.

Yeah we had a pool guy, a landscaper and a cleaning lady. Did it for years but after the kid left he was the messy one, he and his friends used the pool. And yeah three AC units running in Phoenix. What the hell are we doing here? The master bedroom had a side reading room. Not useful when there are two of us. It actually wasn’t useful before. All the furniture and the paintings and pictures. I just woke up one day and thought I’m done with this shit. This is stupid. So we moved to Missouri and got this place. 1500 square feet on a full basement so not all that much smaller but the basement is unfinished. One AC unit. We can clean this one our selves.

I want to make some money with the cattle. We can run five here and keep them well fed. One will be ours. A full side of beef is plenty for us for a year. The other four can be sold. Luckily we have a breeder near by so I can buy calves and not need a bull. Don’t have to go far to get them. Not a bad deal. The sales can just go to buying more property and getting more cows. If I get that five next door I can have ten. Double my money. But it needs cleared out. Will take some work.

 

[Slade3200]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

Do you think that money would just disappear?! The 1% are the 1% because of the amount of wealth and money that they own. If they were eliminated then that money would be distributed and circulated around the economy

What is it 1,000 per person?

No it’s about $75,000 per person. 1% owns about 25 Trillion in wealth according to Brookings

 

[Slade3200]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

Do you think that money would just disappear?! The 1% are the 1% because of the amount of wealth and money that they own. If they were eliminated then that money would be distributed and circulated around the economy

From the US economy yes.
It's no different than people bailing on NY and California.
Just a bit further away.

The wealth doesn’t just disappear but GDP would certainly be affected over time if people moved and did business in other countries.

 

[CremeBrulee]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

Do you think that money would just disappear?! The 1% are the 1% because of the amount of wealth and money that they own. If they were eliminated then that money would be distributed and circulated around the economy

Lulz. You know what else would disappear? Their wealth.

 

[Slade3200]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

Do you think that money would just disappear?! The 1% are the 1% because of the amount of wealth and money that they own. If they were eliminated then that money would be distributed and circulated around the economy

LOL.

Ya, sure. That has always worked well in the past.

No it hasn’t

 

[Redcurtain]

The money would come from the govt. where it originated for the 1%...

And where will they get it from theft? Lol

 

[Redcurtain]

Where would they go? Off on a spaceship? Into some bunker? Dead? You cant take it with you.

Why can’t they?

 

[Slade3200]

View attachment 357948 The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). The top 1 percent of taxpayers paid a 26.9 percent individual income tax rate, which is more than seven times higher than taxpayers in the bottom 50 percent (3.7 percent).Nov 13, 2018

now what, no cops no emts no firefighters... now what ? atlas shrugged ? i guess the next thing would be to force some people to be cops, and.....

If the top 1% were to disappear, there would be much more income and wealth for the general population, all of whom would pay higher taxes, and have more taxabale income.

Wealth isn't a zero sum game. The top 1 percent isn't preventing you or anybody else from becoming wealthy because they have all the money.

That’s not true... the corporations owned by the 1% have decimated small business and mom/pop shops. Over time with this trend a greater number of Americans will keep becoming employees and renters instead of business and home owners.

Those who hate socialism should be very aware of the corporate socialism that capitalism is bringing.