Author Topic: Next time you meet a wealthy person, thank them...  (Read 4136 times)

Offline ByeBye

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Next time you meet a wealthy person, thank them...
« Reply #15 on: December 21, 2006, 03:55:10 PM »
Quote
Originally posted by john9001
and who will serve you when you go to a restaurant?


Probably someone who makes enough money to pay taxes?

Offline BigGun

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« Reply #16 on: December 21, 2006, 03:56:37 PM »
Quote
Originally posted by cpxxx
[BThe best tax cuts are those which lower taxes for the lower and middle income workers.  The rich don't need any help from the government. [/B]


Almost sounds socialistic.

storch

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« Reply #17 on: December 21, 2006, 04:01:38 PM »
Quote
Originally posted by john9001
and who will serve you when you go to a restaurant?
good point john.  monroe county florida, the florida keys.  with the astronomical rise in property values the working folk in the keys cannot earn enough money to afford housing there.  the lowest paid have abandoned that market.  subsequently businesses cannot afford to hire workers.  it's creating a serious problem for the key's economy.

dade and broward counties are starting to experience the same problem.  

as an example my daughter and her husband recently purchased a home in a working class neighborhood in southeast pembroke pines, just east of north perry airport.  they paid $289k for a 1200 sqft "starter" home.  their monthly nut on P&I is $1900, they pay their property taxes separately which probably $6000 per year combined.  

they both are above average wage earners, she is a physical therapist that works out of an outsource agency and he is a safety co-ordinator for a major construction firm.  I'll guess their combined income at $170k.  now take out their taxes plus the costs of raising two kids and they barely get by.  how does the less well paid working couple pay for a $300k working class neighborhood starter home?

many folks are selling their homes and leaving the state but I don't suppose it's any better in other parts of the country.

Offline Neubob

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« Reply #18 on: December 21, 2006, 04:31:53 PM »
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Originally posted by Yeager
screw em.  Get that 1% to pay the full 100% of the nations taxes.  They've earned it.  Greedy bastards.


Lol. A glaring sign that you'll never get anywhere near that one percent.

Offline Mark Luper

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« Reply #19 on: December 21, 2006, 04:38:04 PM »
Storch,

It's better as far as housing is concerned here in Texas. I just bought a new home, 1500 sq. ft. in a fairly nice neiborhood for $120,000. There are less expensive houses around here too. This one came with sprinkler system installed, grass, and a fence.

I don't see how people do it in other parts of the country.

Mark
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Offline Regular

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« Reply #20 on: December 21, 2006, 04:55:16 PM »
[/IMG]

Thank you sir.

Offline cpxxx

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« Reply #21 on: December 21, 2006, 05:01:26 PM »
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Originally posted by SteveBailey
Sorry, but it's not clear and obvious, here's why:  Believe it or not there is a school of thought that would answer "Yes" to my question. When I try to explain that such redistribution of wealth is frank socialism, they proceed to me I'm an idiot, or greedy... etc.


Well yes, I think there is something in some places called 'income supplement' where very low paid workers get some help, particularly when they have kids. You could call it socialism or simply humanitarian.

Offline cpxxx

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« Reply #22 on: December 21, 2006, 05:02:44 PM »
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Originally posted by john9001
and who will serve you when you go to a restaurant?


We have Polish immigrants to do those jobs and very good they are too.:aok

storch

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« Reply #23 on: December 21, 2006, 05:02:53 PM »
Mark,

that may be where many are headed.  I know some of our neighbors who are retired sold their homes for far far more than they paid for them and retired to live in georgia, alabama and the carolinas.  even in the most crime ridden gritty neighborhoods here there a few homes that can be occupied at purchase for under $150k.  it's good to hear that at least some places folks can still purchase homes at reasonable prices.  I'm not sure what homes are selling for north of orlando but I suppose being florida the prices are pretty high all over.

Offline cpxxx

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« Reply #24 on: December 21, 2006, 05:18:14 PM »
$150,000 for a house. What a bargain. Here the average house price is around $320,000. In the capital it's $491,000, which is about the price of my Mother's house, a simple three bedroom terraced house, admittedly in a good area. My own house in the west coast city of Galway cost $325,000. At least in Florida you have the sunshine.

storch

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« Reply #25 on: December 21, 2006, 05:18:18 PM »
Quote
Originally posted by Neubob
Lol. A glaring sign that you'll never get anywhere near that one percent.
sadly very few of us will.  the ultra wealthy, the people who's family have reams of stocks in companies like standard oil and others of that nature , who's family fortunes were made prior to the introduction of the personal income tax can no longer be made or even maintained.  there is a systematic approach to dismantling personal wealth in this country.  I believe that the punitive nature of our tax code really works against the good of our nation.

there can no longer be fortunes made by men like henry morrison flagler who with his own money, built the florida east coast railroad from northeast florida and ultimately down to key west.  he did this because he was building luxury hotels so that guilded age northeasterners could holiday their winters in balmy florida.  the collateral benefit was the opening up the otherwise swampy and hostile land to developement.

bill gates is a pauper if you compare him to the fortunes made by men like rockefeller, goulds, flagler, carneigie and other's who's names now escape me.  in their wake they left behind railroads, towns, mines, mills, the infrastructure which allowed the United States to become what we enjoy today.

what do today's weak and feable billionaires leave as they pass on?  bill gates leaves us a poorly working, bug infested yet monoplitical operating system.

kind of makes you wonder.

Offline sluggish

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« Reply #26 on: December 21, 2006, 05:23:22 PM »
whatever

Offline ByeBye

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« Reply #27 on: December 21, 2006, 05:35:24 PM »
Arizona has got to be one of the best choices to live, imo. Housing has gone up recently, but it's pretty good considering.

Offline Thrawn

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« Reply #28 on: December 21, 2006, 05:52:17 PM »
Quote
Originally posted by BigGun
Almost sounds socialistic.



Why did you stick the "ic" on the end?  Pet peeve of mine.  Noticed over the past few years people are sticking "ic" on the end of everything.


"Almost sounds socialist."...see doesn't need "ic".

Offline john9001

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« Reply #29 on: December 21, 2006, 05:59:36 PM »
oh thrawn, your just being pickyistic.:D