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Most of America’s rich think the poor have it easy

HenryChinaski said:
I unfortunately was forced to take a payday loan once. Borrowed $200, paid back a total of $427. Never again, I learned.
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That is the largest predatory loan business going in America today. And they prey on the poor.
 
payday loan places

and car title loan places

it would almost be better to go see Mac the loanshark than deal with these type of companies

and too many get in, and then have trouble exiting

they are big money makers if you can stand looking at your reflection in the mirror at night

me...i couldnt do it......
 
Unrepresented said:
Or because the poor live close enough to poverty to actually recognize how difficult it can be to overcome rather than simply blaming the victims.
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"victims"?

When I was growing up, I never thought of myself as a victim. My point stands. a rational person making 10k a year wouldn't give a dime to charity.

and the amount $500 is offset by entitlments should they so choose to take.
 
gdgyva said:
when i was an E3 with 3 kids, my wife would berate me for walking by a panhandler and not giving them anything

we would argue about this endlessly....one of many that eventually led to a divorce

my argument was always that charity starts at home.....

we just couldnt afford to be generous at that point in our lives

last year, my charitable contributions will total over 40k

a lot has changed in 35 years.......

someone earning little enough to receive any type of assistance whether through food stamps, rent control, etc has no business giving to any charity

volunteer, do errands, assist in other ways.....but monetarily.....NFW
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I'm from NYC, we call people who fall for pan handlers "ducks" (I actually don't know why). but anyway they can make a fortune.



Anyway like you, I give more than the avereage median income to charity, however I have found that to be empty in gesture, I found it's more rewarding to get on the board of a charity, or to volunteer my time. whether it's with city harvest, or the inner city youth club I am on the board of.

I can contribute something far more valuable than money. ;)
 
ReverendHellh0und said:
4.3% of $10,531 is $452.83
2.1% of $158,888 is $3336.65


Jus sayin.....
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Tis true, yet that 450 means more to thepoor than that 3.5K means to the rich since the poor do not have as much disposible income. Jus sayin.....
 
Ikari said:
Tis true, yet that 450 means more to thepoor than that 3.5K means to the rich since the poor do not have as much disposible income. Jus sayin.....
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Those particular poor are stoopid, jus sayin.


Maybe tis why they be poor. ;)
 
ReverendHellh0und said:
Those particular poor are stoopid, jus sayin.


Maybe tis why they be poor. ;)
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Perchance it is, but they seem more willing to sacrafice some of their own comfort to give to charity, the rich sacrafice nothing really. jus sayin
 
I always love these threads, though the rich give BILLIONS of dollars to charity, it's not enough for the collectivists, it's never enough and never will be.
 
JANFU said:
Yeah I guess being poor is living the dream. Clearly more people should aim for that dream of being poor.
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better then demanding politicians steal from others and give it to them.
 
MrVicchio said:
better then demanding politicians steal from others and give it to them.
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Steal, one reason I like a progressive tax system. Even here we have massive issues with poverty, but the rates are drooping.
Have you considered the social, health costs of poverty?
Homelessness, costs more than the solutions. Yes I know some will always be shoeless, as well as some will always be poor.
The tax system favors those with money.
Look at how a corp can stash profits overseas and wait to bring it back to the US for taxation.
They can wait years from what I understand.
Many are waiting for a tax reduction, temporary as the last one was to repatriate profits, at a lower tax rate.
 
ReverendHellh0und said:
I'm from NYC, we call people who fall for pan handlers "ducks" (I actually don't know why). but anyway they can make a fortune.



Anyway like you, I give more than the avereage median income to charity, however I have found that to be empty in gesture, I found it's more rewarding to get on the board of a charity, or to volunteer my time. whether it's with city harvest, or the inner city youth club I am on the board of.

I can contribute something far more valuable than money. ;)
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i have 3 pet projects

one is unicef (been a contributor for decades)

another is the lymphoma society (both parent died of cancer)

last is a shelter in dc (where we also volunteer)

the shelter is also where i feel what i give does the most good.....

i have been blessed in last number of years....now i try to give a bit back
 
JANFU said:
Steal, one reason I like a progressive tax system. Even here we have massive issues with poverty, but the rates are drooping.
Have you considered the social, health costs of poverty?
Homelessness, costs more than the solutions. Yes I know some will always be shoeless, as well as some will always be poor.
The tax system favors those with money.
Look at how a corp can stash profits overseas and wait to bring it back to the US for taxation.
They can wait years from what I understand.
Many are waiting for a tax reduction, temporary as the last one was to repatriate profits, at a lower tax rate.
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as a corporate controller, i would advise an owner or a board to do the exact same thing

question....do you pay more than you legally have to in taxes every year? why not?

companies are doing the EXACT same thing.....if you dont like it, vote the people out who voted for those rules.....better be careful though....it might not be who you think it is.....

i do most of my own tax prep....i am an accountant...and have a cpa make sure i didnt miss anything or screw something up

i dont want to pay anything more than i have to.....uncle sammie gets more than enough imo

stop blaming the companies....start blaming the politicians who write and pass the laws
 
gdgyva said:
as a corporate controller, i would advise an owner or a board to do the exact same thing

question....do you pay more than you legally have to in taxes every year? why not?

companies are doing the EXACT same thing.....if you dont like it, vote the people out who voted for those rules.....better be careful though....it might not be who who think it is.....

i do most of my own tax prep....i am an accountant...and have a cpa make sure i didnt miss anything or screw something up

i dont want to pay anything more than i have to.....uncle sammie gets more than enough imo

stop blaming the companies....start blaming the politicians who write and pass the laws
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Did I blame to companies- Nope-
Would I do the same- Yep
The companies are to make money- Right.
Duty to their stockholders.

Now do you wish to address the other points I made?
 
Steal, one reason I like a progressive tax system. Even here we have massive issues with poverty, but the rates are drooping. poverty will always exist....we will have the haves, and the have nots.....it has ALWAYS been that way.....and always will be that way......progressive tax rates are okay to a point......but here, you are getting to where you will have more taking than paying into the system......



Have you considered the social, health costs of poverty? yes....i volunteer at a shelter and see poverty on a weekly basis.....but there is no social utopia......life isnt fair.....and never will be exactly fair



Homelessness, costs more than the solutions. Yes I know some will always be shoeless, as well as some will always be poor. exactly......the have nots


The tax system favors those with money. every system favors those with money.......remember the golden rule.......he who has the gold, makes the rules
 
gdgyva said:
Steal, one reason I like a progressive tax system. Even here we have massive issues with poverty, but the rates are drooping. poverty will always exist....we will have the haves, and the have nots.....it has ALWAYS been that way.....and always will be that way......progressive tax rates are okay to a point......but here, you are getting to where you will have more taking than paying into the system......



Have you considered the social, health costs of poverty? yes....i volunteer at a shelter and see poverty on a weekly basis.....but there is no social utopia......life isnt fair.....and never will be exactly fair



Homelessness, costs more than the solutions. Yes I know some will always be shoeless, as well as some will always be poor. exactly......the have nots


The tax system favors those with money. every system favors those with money.......remember the golden rule.......he who has the gold, makes the rules
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I noted my shoeless comment- should have been homelessness.
So do nothing is the answer?
 
JANFU said:
Steal, one reason I like a progressive tax system. Even here we have massive issues with poverty, but the rates are drooping.
Have you considered the social, health costs of poverty?
Homelessness, costs more than the solutions. Yes I know some will always be shoeless, as well as some will always be poor.
The tax system favors those with money.
Look at how a corp can stash profits overseas and wait to bring it back to the US for taxation.
They can wait years from what I understand.
Many are waiting for a tax reduction, temporary as the last one was to repatriate profits, at a lower tax rate.
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you approve of theft. At least you are honest.
 
JANFU said:
I noted my shoeless comment- should have been homelessness.
So do nothing is the answer?
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No....we provide a chance at education which is the ONLY path out of poverty

We go back to training kids for trades, plumbing, electrical, welding, mechanical....especially those who don't appear to have the ability to finish college

We train, and we educate....the rest is up to the individual.....
 
Goshin said:
I wonder how many of them know that most poor households include at least one person who works full time, or is trying to work full time whenever he/she can find full time work. I wonder if they know how very hard many of the "poor" work in return for so little pay, and for benefits they can scarcely afford but can scarcely afford to risk going without (ie health insurance).



I wonder how many of them have ever lived under conditions where a single missed paycheck can spell disaster, or where SNAP or other programs can make the difference between whether your children go hungry or not.
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How many know that those conditions exist because of the choices those individuals made. Like the choice to have children they couldn't afford.

Are they employed? Yes. Do they actually work hard? Not in a lot of cases. They have opportunities but don't take them. Do they seek to better themselves when they can? Does their attitudes and job performance justify their employer laying out more money for them?

In every single case of a non-disabled/mentally handicapped adult living in so called poverty in the US, there are individual choices made by those individuals which led to that condition and keeps them in that condition. In many of the cases there was "poor" parents who did a piss poor job of raising their children which led continuing poverty.

Want to save those kids, stop them going hungry and give them a decent chance at a future, take them away from those underachieving, entitlement dependent, lazy and stupid parents, then place them in a group home or another environment which gives them discipline and the nurturing they need.
 
DVSentinel said:
Most wouldn't stay poor even if you took every dollar away from them today.
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Start em off in an inner city, with a uneducated single parent and ****ty schools and see how they fare. And they might not stay poor, but they'd also probably never be rich again.
 
learning "how" to make money is far more important than the money itself

most millionaires can go broke tomorrow, and would rebuild their empire in time because they know what works, and what doesnt

Start em off in an inner city, with a uneducated single parent and ****ty schools and see how they fare. ...if this was their fate at birth, some would climb out....some wouldnt. Attitude plays such a huge role in how we deal with the adversities of life. If i was a betting man, i would say 20-30% would eventually be very successful......20-30% would end up in abject poverty.......and the rest fall someone in between

self made millionaires are risk takers.....mostly they bet on themselves
 
gdgyva said:
Steal, one reason I like a progressive tax system. Even here we have massive issues with poverty, but the rates are drooping. poverty will always exist....we will have the haves, and the have nots.....it has ALWAYS been that way.....and always will be that way......progressive tax rates are okay to a point......but here, you are getting to where you will have more taking than paying into the system......



Have you considered the social, health costs of poverty? yes....i volunteer at a shelter and see poverty on a weekly basis.....but there is no social utopia......life isnt fair.....and never will be exactly fair



Homelessness, costs more than the solutions. Yes I know some will always be shoeless, as well as some will always be poor. exactly......the have nots


The tax system favors those with money. every system favors those with money.......remember the golden rule.......he who has the gold, makes the rules
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As a libertarian I don't support a progressive tax system at all.


As some have pointed out, $500 to someone making 10k a year is alot more to that person than someone making $158k and giving $3k...


Conversely.

A flat tax non-essential consumption would be fair across the board and affect each person the same.
 
ReverendHellh0und said:
As a libertarian I don't support a progressive tax system at all.


As some have pointed out, $500 to someone making 10k a year is alot more to that person than someone making $158k and giving $3k...


Conversely.

A flat tax non-essential consumption would be fair across the board and affect each person the same.
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I agree with this. I have yet to hear a more reasonable and fair system of taxation than one based on a flat sales tax on ALL purchases of goods or services that are (a) not financial instruments or (b) essential necessities like primary shelter, food and non-luxury clothing items. The more you CONSUME over and above basic necessities.
 
JANFU said:
Most of America’s rich think the poor have it easy - The Washington Post
Most of America's richest think poor people have it easy in this country, according to a new report released by the Pew Research Center. The center surveyed a nationally representative group of people this past fall, and found that the majority of the country's most financially secure citizens (54 percent at the very top, and 57 percent just below) believe the "poor have it easy because they can get government benefits without doing anything in return." America's least financially secure, meanwhile, vehemently disagree — nearly 70 percent say the poor have hard lives because the benefits "don't go far enough." Nationally, the population is almost evenly split.

Link to the report.
The Politics of Financial Insecurity | Pew Research Center for the People and the Press
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Hmmm, what's the percentage? 53?

That would leave 47%,

 
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