Richest 1% own 50 percent of world wealth- Credit Suisse report

[MHz]

Then there are people who live way, way beyond that. Personally I don't know any 1 percenters. They don't hang in my world.

A tux on Tuesday is 'standard', I was going to use normal but that term doesn't do the topic justice. This is the cabin in the countryside.

The 'townhouse' is the whole City of London, the penthouse is so they can look over the 'grounds'. That about sum it up, not really but it is a start.

 

[JLM]

These people are not just rich, it's way, way more than that. Some of my friends are well off, they own multiple homes, travel lots but they aren't any different than I am they just have more...still they are not rich. Rich people have multi-million dollar homes, drive exquisite cars, their kids go to private schools and live very very nice lifestyles.

Then there are people who live way, way beyond that. Personally I don't know any 1 percenters. They don't hang in my world.

I wonder if they are any happier! Definitely more comfortable! To me anyone with an income of $200,000 is rich. That probably includes my doctor and my dentist.-

 

[taxslave]

I wonder if they are any happier! Definitely more comfortable! To me anyone with an income of $200,000 is rich. That probably includes my doctor and my dentist.-

I know several hourly employees that make that every year. Gotta go where the money is and put in the hours, not sit on your azz in town whining about how hard it is to earn a living is all.

 

[darkbeaver]

You might want to rethink the accuracy of your statement

Bill Gates ‘glad’ to pay taxes | The Daily Caller

$6 Billion

Flight of The Millionaires: Reasons to Give Thanks For The One Percent - Forbes

According to the report, those in the top one percent had an average pre-tax income of $1,219,700 in 2009. Of this, they paid $353,000 federal taxes. Despite having earned 13.4 percent of the nation’s income, these individuals paid 38.7 percent of federal income taxes that year.

You might want to rethink the accuracy of your statistics. Tax evasion is the #2 occupation of the filthy rich right behind fraud. Here's how it works , you simply don't declare your real income. And now on to Forbes who lie through their teeth on every page to protect their owners and their owners friends. Billionaires pay negative taxes. Try and figure out how much tax her royal highness and company pays. So nominally you pay taxes while at the same time you fraudulently skim it and more back from association with the clique. Your contention that the rich support the rest is loony. Tax evasion is one of the prime perks that motivates gross accumulation in the first place.

 

[JLM]

I know several hourly employees that make that every year. Gotta go where the money is and put in the hours, not sit on your azz in town whining about how hard it is to earn a living is all.

I fully agree but there is a limited number of those types of jobs. Someone has to be a butcher and baker and candle stick maker.

I know several hourly employees that make that every year. Gotta go where the money is and put in the hours, not sit on your azz in town whining about how hard it is to earn a living is all.

Even at $30 an hour (for sake of argument) that's going to take close to 7,000 hours a year, don't leave much time for sleeping.

 

[Walter]

My bit of the 50% that ain't supposedly owned by the 1% is pretty good.

 

[Sal]

A tux on Tuesday is 'standard', I was going to use normal but that term doesn't do the topic justice. This is the cabin in the countryside.

The 'townhouse' is the whole City of London, the penthouse is so they can look over the 'grounds'. That about sum it up, not really but it is a start.

yes pretty much that sums it up...it is a very different lifestyle that's for sure.

I wonder if they are any happier! Definitely more comfortable! To me anyone with an income of $200,000 is rich. That probably includes my doctor and my dentist.-

Hm, happy is a relative concept. Money can only do so much and then we must all deal with the human condition and whatever is inside of us or lacking within us. There is no escaping that although people try in various ways.

 

[taxslave]

I fully agree but there is a limited number of those types of jobs. Someone has to be a butcher and baker and candle stick maker.




Even at $30 an hour (for sake of argument) that's going to take close to 7,000 hours a year, don't leave much time for sleeping.

Closer to $40 , usually over and don't forget the double bubble.

 

[captain morgan]

You might want to rethink the accuracy of your statistics. Tax evasion is the #2 occupation of the filthy rich right behind fraud. Here's how it works , you simply don't declare your real income. And now on to Forbes who lie through their teeth on every page to protect their owners and their owners friends. Billionaires pay negative taxes. Try and figure out how much tax her royal highness and company pays. So nominally you pay taxes while at the same time you fraudulently skim it and more back from association with the clique. Your contention that the rich support the rest is loony. Tax evasion is one of the prime perks that motivates gross accumulation in the first place.

Very interesting.

Can you prove that this is the case on a wholesale basis?

The IRA will be forever in your debt

 

[petros]

The Irish terrorists?

http://www.royal.gov.uk/TheRoyalHousehold/Royalfinances/Taxation.aspx

 

[captain morgan]

Opps....My bad

 

[MHz]

Hm, happy is a relative concept. Money can only do so much and then we must all deal with the human condition and whatever is inside of us or lacking within us. There is no escaping that although people try in various ways.

The concept of a few elite direction the path society takes is the best method but that theme is thought up and promoted by the ones currently in charge. The gap bewteen the richest and the poorest is out of whack, it doesn't matter what else you do if that isn't put into balance they suicide would be the next best option to perpetual pain. The elite don't even see a drop in their yearly lifestyle, all they see is what they can't spend in a year go back into a fund that gets divided up among the poorest on the planet. If everybody had food and shelter then they have time for leisure and hobbies. Hobbies are where the R%D would come from.

Okay Walter, what did I say about hobbies that pissed you off?

 

[captain morgan]

.. And who will pump in the cash to develop and take these hobbies to market?

 

[petros]

1 measly share is all it takes to influence an evil corporation if you get off your *** and attend shareholder meetings and vote. Corporations are democracies after all.

 

[captain morgan]

1 measly share is all it takes to influence an evil corporation if you get off your *** and attend shareholder meetings and vote. Corporations are democracies after all.

That's too much work... Far easier to sit at a keyboard, donning a protective foil hat and spew conspiracy theories

 

[petros]

That's too much work... Far easier to sit at a keyboard, donning a protective foil hat and spew conspiracy theories

All those Occupy weirdos and not a single share bought to speak their minds in the appropriate forum?

It just proves they don't have a clue.

 

[captain morgan]

All those Occupy weirdos and not a single share bought to speak their minds in the appropriate forum?

It just proves they don't have a clue.

Absolutely... Those fools gobble-up the spoon-fed pap that is (ironically) dished out to them by a select group of 1%ers that they are supposed to despise

 

[petros]

What happened to "know thy enemy"?

 

[MHz]

.. And who will pump in the cash to develop and take these hobbies to market?

Let's start with the richest, The Rothschild Empire can either stay on or take retirement but the changes would be the same for the most part. Oddly enough the path changes that bring the bad Jewish bankers back to being good Jewish bankers isn't all that radical and it does avoid the part of making money an essential commodity and as such it become a public utility with no owners and workers pulling in low wages.

The good Jewish banker methods are much more flexible and is self adjusting to a thriving or struggling society. Since there are only a few verses it boils down to the Gentiles were made 'equals in that they rule they are under was put in place by the God of the OT in 70AD. The Gentiles didn't exile the Jews from Jerusalem it was an invasion but the Bible was the ruler rather than the money-changers of the OT Temple.
It means Gentile 'tax-payers' could get interest free loans for anything that was 'personal' and the ones that paid interest on loans would be corporations and people who make more money than 'a banker'. The bankers yearly income would be based on it running as efficient as possible and no shareholders. Let's say $100,000/ year on an average year so anybody below that could get easy money for hobbies and vacations as the food and shelter is via 'work income'. Initially 7B people need some money to start things off and the ususry drawer just happens to have $700T in it, do the math and that is the amount you get deposited when you get a birth certificate. That gets added to over the decades so it never reaches zero except on death and it then goes back to where it came from. If the bank gets $5 for every $100 it prints then that is where supplies and wages come from. The other $95 goes to the person who 'earned' or borrowed it. Earned money never goes out of circulation and borrowed money is always covered by the interst that is put on rich people and businesses as well as the 5%. On years where 'the crops come in heavy' the banker will see more business and that raises his income and that raises the level at which people can get interest free loans. On years where the crops come in light the opposite happens and there is less interest free money available for the 'extras' in life. As far as the staples, everybody has an equal portion, a shepherd with no flock is as useless as a flock with no shepherd.

 

[petros]

FFS Megs...