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

[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.....

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

Resulting in what? This is the stupid you people can’t comprehend. You think once the money is redistributed one time you’re going to have the same choices and selections you have now. It’s not possible. You can destroy the rich because of jealousy but once you do that your fucking neighbor isn’t going to take over producing toilet paper in his garage. Which of your neighbors is going to keep the water flowing? Which one is going to keep the Internet going?

You saw what happened in Venezuela. Same thing you’re asking for. How did that work out?

 

[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

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

Yes for them but the money and assets would still exist... just recirculated

 

[Redcurtain]

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 would you pay your black slaves? Lol

 

[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.

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.

Dont really have the desire to raise cattle.
I see it more as an ag exemption.
I dont have to mess withem and I get beef and lower taxes.
Funny thing...when we bought the second river place the county adjuster came out and said we should claim the ag exemption.
Told him we dont plan on raising animals or farming and he said....thats okay,everyone out here does.

 

[CremeBrulee]

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

And where will they get it from theft? Lol

Realistically from the middle and lower brackets but you're not supposed to say that part out loud.

 

[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

Resulting in what? This is the stupid you people can’t comprehend. You think once the money is redistributed one time you’re going to have the same choices and selections you have now. It’s not possible. You can destroy the rich because of jealousy but once you do that your fucking neighbor isn’t going to take over producing toilet paper in his garage. Which of your neighbors is going to keep the water flowing? Which one is going to keep the Internet going?

You saw what happened in Venezuela. Same thing you’re asking for. How did that work out?

Same thing I’m asking for? Excuse me? When did I ask for us to be like Venezuela?

 

[Redcurtain]

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

And where will they get it from theft? Lol

Realistically from the middle and lower brackets but you're not supposed to say that part out loud.

If I’m the 1% I’m talking all my money see ya later

 

[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.

Dont really have the desire to raise cattle.
I see it more as an ag exemption.
I dont have to mess withem and I get beef and lower taxes.
Funny thing...when we bought the second river place the county adjuster came out and said we should claim the ag exemption.
Told him we dont plan on raising animals or farming and he said....thats okay,everyone out here does.

You have to play the game. That’s for sure.

 

[Dragonlady]

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

The sad part is you actually believe this.

It's true. Corporate welfare is the best kind. For instance, Walmart sales are up 600% and their still receiving $7.8M in subsidies. I'm earning just over $100M from government contracts. Don't let anyone fool you, without government there wouldn't be business and the wealthy people made wealthy from business.

How did the government start Walmart? And you’re surprised during stay at home orders Walmart didn’t do better with their pick up program?

Government doesn't start businesses, but it provides the platform on which they're built, and the government picks winners and losers by their tax policies.

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..........

Business and commerce existed before the modern concepts of “business”.

People have been exchanging goods and services since the best hunter in the village offered extra meat to the best moccasin maker in village to make his shoes.

 

[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.....

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

Resulting in what? This is the stupid you people can’t comprehend. You think once the money is redistributed one time you’re going to have the same choices and selections you have now. It’s not possible. You can destroy the rich because of jealousy but once you do that your fucking neighbor isn’t going to take over producing toilet paper in his garage. Which of your neighbors is going to keep the water flowing? Which one is going to keep the Internet going?

You saw what happened in Venezuela. Same thing you’re asking for. How did that work out?

Same thing I’m asking for? Excuse me? When did I ask for us to be like Venezuela?

When you started asking to eliminate the rich . Why do you think doing the same thing here would end up being any different?

 

[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.

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.

Dont really have the desire to raise cattle.
I see it more as an ag exemption.
I dont have to mess withem and I get beef and lower taxes.
Funny thing...when we bought the second river place the county adjuster came out and said we should claim the ag exemption.
Told him we dont plan on raising animals or farming and he said....thats okay,everyone out here does.

You have to play the game. That’s for sure.

We actually told him no.
I'm not leaving myself out there to be nailed at a later date.
Dont know how familiar you are with small town politics and newcomers,but I dont trust em coming from a small town myself.

 

[CremeBrulee]

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.

Dont really have the desire to raise cattle.
I see it more as an ag exemption.
I dont have to mess withem and I get beef and lower taxes.
Funny thing...when we bought the second river place the county adjuster came out and said we should claim the ag exemption.
Told him we dont plan on raising animals or farming and he said....thats okay,everyone out here does.

Yeah. That is a lot of work. Probably not something to get into when you're talking about retirement or semi-retirement. Raising a steer for your deep freezer is one thing, managing a herd, even a small one, is something else entirely. Renting grazing rights, while claiming a tax exemption, and getting some meat on the side is the way to go in that situation in my opinion. Never know, maybe someday we are eating MissouriMike Burgers from the Bar M Ranch.

 

[Missouri_Mike]

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

The sad part is you actually believe this.

It's true. Corporate welfare is the best kind. For instance, Walmart sales are up 600% and their still receiving $7.8M in subsidies. I'm earning just over $100M from government contracts. Don't let anyone fool you, without government there wouldn't be business and the wealthy people made wealthy from business.

How did the government start Walmart? And you’re surprised during stay at home orders Walmart didn’t do better with their pick up program?

Government doesn't start businesses, but it provides the platform on which they're built, and the government picks winners and losers by their tax policies.

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..........

Business and commerce existed before the modern concepts of “business”.

People have been exchanging goods and services since the best hunter in the village offered extra meat to the best moccasin maker in village to make his shoes.

So your problem should be with government. I think that should be pretty obvious. How do you think an even larger more controlling government is going to fix the problem you have already attributed to them?

If you want to live in a hunter gatherer economy I’d like to know what you think you would be bringing to the market. What would you be hunting or gathering? What exactly would you be bringing to the trade table?

 

[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.....

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.

https://www.amazon.com/Communist-Ma...t&qid=1593659191&s=books&sr=1-2&tag=ff0d01-20

 

[Slade3200]

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

And where will they get it from theft? Lol

Realistically from the middle and lower brackets but you're not supposed to say that part out loud.

If I’m the 1% I’m talking all my money see ya later

See ya!

 

[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.

No it hasn’t

I guess I should have included the /sarcasm

 

[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

Resulting in what? This is the stupid you people can’t comprehend. You think once the money is redistributed one time you’re going to have the same choices and selections you have now. It’s not possible. You can destroy the rich because of jealousy but once you do that your fucking neighbor isn’t going to take over producing toilet paper in his garage. Which of your neighbors is going to keep the water flowing? Which one is going to keep the Internet going?

You saw what happened in Venezuela. Same thing you’re asking for. How did that work out?

Same thing I’m asking for? Excuse me? When did I ask for us to be like Venezuela?

When you started asking to eliminate the rich . Why do you think doing the same thing here would end up being any different?

when did I ask to eliminate the rich?

 

[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.

Dont really have the desire to raise cattle.
I see it more as an ag exemption.
I dont have to mess withem and I get beef and lower taxes.
Funny thing...when we bought the second river place the county adjuster came out and said we should claim the ag exemption.
Told him we dont plan on raising animals or farming and he said....thats okay,everyone out here does.

You have to play the game. That’s for sure.

We actually told him no.
I'm not leaving myself out there to be nailed at a later date.
Dont know how familiar you are with small town politics and newcomers,but I dont trust em coming from a small town myself.

Our place is mostly county. But yeah, it takes a bit to get into the program.

 

[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.....

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

Resulting in what? This is the stupid you people can’t comprehend. You think once the money is redistributed one time you’re going to have the same choices and selections you have now. It’s not possible. You can destroy the rich because of jealousy but once you do that your fucking neighbor isn’t going to take over producing toilet paper in his garage. Which of your neighbors is going to keep the water flowing? Which one is going to keep the Internet going?

You saw what happened in Venezuela. Same thing you’re asking for. How did that work out?

Same thing I’m asking for? Excuse me? When did I ask for us to be like Venezuela?

When you started asking to eliminate the rich . Why do you think doing the same thing here would end up being any different?

when did I ask to eliminate the rich?

Your reply to washamerica.

 

[Asclepias]

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.....

They'll just print some more money. They know how to literally create money out of thin air.