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Thread: Census finds record gap between rich and poor

  1. #251
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Moot View Post
    That's pretty funny considering the rest of us were talking about the widening gap between the rich and the poor until you derailed the thread to talk about taxes.
    Here's the OP:

    Quote Originally Posted by hazlnut
    Even if the release of this was timed, it's still relevant to the midterms and taxes.

    Now is not the time to give an additional tax break to the wealthy and super-wealthy.
    How on earth did I "derail the thread to talk about taxes" when the OP is about taxes?

    So why is the middle class getting poorer and the rich getting richer? I suspect it might have something to do with the systemic dismantling of our manufacturing base that sent millions of jobs overseas and the packing of the SCOTUS with activist judges that have consistently ruled in favor of corporate interests over democracy and individual rights. Never was the later more apparent than in their recent ruling Citizens United vs Federal Election Commission which has allowed the Koch's blatant and obvious attempt to steal the upcoming election. And of course, the banks, Goldman Sachs and JPMorgan have entrenched themselves in the government and now literally have this country's economy by the balls. We the people don't stand a chance against this corporate oligarchy...see my sig. Viva la French Revolution, history is about to repeat itself again.
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  2. #252
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Coronado View Post
    I was being facetious when I posted that. Maybe we'll get some people that aren't to explain why they think successful people stole what they have.
    Yeah, I gathered that after I posted, sorry...
    Unless you make a LOT of money, it isn't easy to retire well. But we did, and put 2 kids thru college at our expense.
    The wife started working when the youngest started school, and for 8 or so years we saved ALL of her income. Mine was sufficient to live on. We know so many people who spend some percentage OVER what they earn. Some had huge incomes, and are now losing their McMansions to the mortgage company. What you earn is only part of the finanical success equation...
    Isn't it interesting, tho, that my kind of success is doubted by so many. I offered a few friends some advice over the years, but they didn't really want it, and now that they are poorly retired, they refer to me as "lucky"....
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  3. #253
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by UtahBill View Post
    again you accuse me of lying....are you really that stupid? When you have rental property and you deduct expenses, they expect you to have receipts, and WE DID, so audit was over in a short time. They were prepared, so were we. It is that simple.
    I take it you have been audited and it didn't go well, too bad, too sad. I spent one tax season doing returns for people, and a few of my clients wanted to deduct expenses they couldn't prove.
    I don't know what you are doing for a living, but it sounds like you want it all, and right now. It took us 30 years to accumulate our 'wealth'....
    How old are you? If you want some financial advice, I can give it. Problem is, most people won't take it. They want to live very well now, and very well later, and it takes a lot of income to do both...
    Audits aren't that simple, sorry.

    I have been audited. Did it go well? I had to cut a check for 2 grand on the first one and left with the government owing me about 800 on the second, so it went purdy good, by comparison. The fact is, it didn't take a few minutes.

    I'm 41, since you asked.

    I don't, "want it all right now", but I want to get it. If it takes another 15 or so years to get it, then fine, but I don't want a buncha bleeding heart Libbos telling me that I can't have it, at all. I was doing purdy good, before the drilling moratorium. I'm going to refocus my efforts toward more land based drilling operations and wait to see how Krewe Obama cocks that up, too.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  4. #254
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    Sounds to me like you're exploiting the system like a mutha'.

    I wasn't aware that people could draw SS and retirement pensions. Sounds like bulllllllllllllllllllllllllllll****. That, or you're defrauding the government. Someone probably needs to look into what you're doing.

    Ultimately, I see why you support more taxation. So you can make sure your meal ticket keeps coming in.
    No way you are that unaware....well, maybe you are. If you are, you should not be posting in this thread because you don't know jackpoop about the topic.
    I have one neighbor who isn't eligible for SS, because he was on civil service retirement plan. You can't do both. He never paid into SS, and that means you can't take anything out. Plus, you need 10 good years. My younger brother only worked 2 years of his life, so he can't draw SS. All he gets is a 50% disability from the Navy, and I think he cheated to get that. He was always able to work, but suffers from terminal laziness.
    BUt you can do pensions from your civilian employer, plus social security, plus military if you do 20 years. My wife's teacher retirement is from the state, SS is from the USA.
    Oracle of Utah
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  5. #255
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by UtahBill View Post
    No way you are that unaware....well, maybe you are. If you are, you should not be posting in this thread because you don't know jackpoop about the topic.
    I have one neighbor who isn't eligible for SS, because he was on civil service retirement plan. You can't do both. He never paid into SS, and that means you can't take anything out. Plus, you need 10 good years. My younger brother only worked 2 years of his life, so he can't draw SS. All he gets is a 50% disability from the Navy, and I think he cheated to get that. He was always able to work, but suffers from terminal laziness.
    BUt you can do pensions from your civilian employer, plus social security, plus military if you do 20 years. My wife's teacher retirement is from the state, SS is from the USA.
    lot of nerve telling apdst that he doesn't know about something when you spout out that the "rich" can easily pay massive tax hikes next year.



  6. #256
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    If you were like my late mother, all of her income came from dividends meaning your taxes would go from 15% on your next dollar to 40%
    some around here might start thinking and saying some rotten things about your mom

    darn social engineers just have no respect, y'know, for PEOPLE

    society is made of individual BRICKS with which to build utopia

  7. #257
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    Audits aren't that simple, sorry.

    I have been audited. Did it go well? I had to cut a check for 2 grand on the first one and left with the government owing me about 800 on the second, so it went purdy good, by comparison. The fact is, it didn't take a few minutes.

    I'm 41, since you asked.

    I don't, "want it all right now", but I want to get it. If it takes another 15 or so years to get it, then fine, but I don't want a buncha bleeding heart Libbos telling me that I can't have it, at all. I was doing purdy good, before the drilling moratorium. I'm going to refocus my efforts toward more land based drilling operations and wait to see how Krewe Obama cocks that up, too.
    You CAN have it all, within existing rules. Too bad you aren't aware of them so you can take advantage of them. Don't expect to do it in 15 years, tho. First thing that you plan on is having your house paid off early so you aren't getting royally screwed by the finance companies. They are the experts, the govt is a distant second.
    You have had 2 audits, so have I. Yours took some time, mine didn't. How is that so hard to believe?
    Actually, the second one was done by mail. They made an incorrect assumption about the sale of an asset, and I pointed out that I sold it at a loss, not a profit.
    And yes, I am happy that we have so many people still employed paying into SS. I get about $1500 per month from them, and some of that comes from YOU....
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  8. #258
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    lot of nerve telling apdst that he doesn't know about something when you spout out that the "rich" can easily pay massive tax hikes next year.
    Look, sockpuppet, he thinks people can't draw SS and a regular retirement at the same time.
    Tell me that isn't a show of ignorance. He has a lot to learn, and so do you.
    PRactically all of my friends of retirement age are getting both. It's the law, has been since before I was born, and I am 64....
    Oracle of Utah
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  9. #259
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by UtahBill View Post
    You CAN have it all, within existing rules. Too bad you aren't aware of them so you can take advantage of them. Don't expect to do it in 15 years, tho. First thing that you plan on is having your house paid off early so you aren't getting royally screwed by the finance companies. They are the experts, the govt is a distant second.
    You have had 2 audits, so have I. Yours took some time, mine didn't. How is that so hard to believe?
    Actually, the second one was done by mail. They made an incorrect assumption about the sale of an asset, and I pointed out that I sold it at a loss, not a profit.
    And yes, I am happy that we have so many people still employed paying into SS. I get about $1500 per month from them, and some of that comes from YOU....
    None of that ****'s going to happen in the current economic environment. And, I'm sure that's by design.

    I'm sure you fellow Libbos are impressed as hell that you're double dipping the way you are.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  10. #260
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by TurtleDude View Post
    lot of nerve telling apdst that he doesn't know about something when you spout out that the "rich" can easily pay massive tax hikes next year.
    Why do bank robbers rob banks? Because that is where the money is. The rich had it easy under Bush Lite, and now those tax cuts are set to expire, by law. Taxes are going back to where they were before GWB, and the "tax hikes" are not massive except in your simple, uneducated mind.
    Oracle of Utah
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