I guessed within $4k. It makes me sad.we're slightly better off (a couple percentage points) than i imagined as a household. and people need less money than i thought to be considered low income.
i'd pushed it to what i thought was a pretty low number for a family of 4 and the actual number came in a few grand less than that even.I guessed within $4k. It makes me sad.
I just round off to the nearest million.Always hard to remember what my post-tax income is, which is what this asks for
you got 3 kids at private colleges??If my wife worked, the first 50k or so would go to child care
strange that i didn't read that at first so i did post tax and i'm still at the same point compared to everyone else.Always hard to remember what my post-tax income is, which is what this asks for
I didn’t say 50k a month.you got 3 kids at private colleges??
You're like in the eye of a cat 5 hurricane.I didn’t say 50k a month.
4, 2 and 1. All day daycare isn’t cheap
Funny, I usually forget my pretax income.Always hard to remember what my post-tax income is, which is what this asks for
Pretty good, but apparently they believe the only way to pay for social programs is by taxing those making under $265000
Or by fixing other areas of Government spending.Pretty good, but apparently they believe the only way to pay for social programs is by taxing those making under $265000
no mention of brackets above that no other revenues such as inheritance tax or reducing corporate tax rates or welfare.
godspeed. these last 6 months must have been a real test of your mettle.I didn’t say 50k a month.
4, 2 and 1. All day daycare isn’t cheap
Not true. Even with very wealthy families the third generation down has expended the fortune, on average.My problem isn't with income inequality. Some make more, some less. It's all relative and many have earned it.
My problem is the wealth gap over generations. Granted many uber wealthy give a ton of it away - Gates, Buffett, etc... Gates has given away like $45 BILLION. But a lot of them don't give it away. I think the inheritance tax needs a huge ++++. Too many playboys living off what their ancestors did 5 generations ago.
Well, it appears to be from the OECD, which is a pretty well-respected international organization.Chris B. said:Did anyone try any of the other countries? How do we know that site wasn't made by a some middle school kid for his computer science class?
Haven't read the whole thread but was going to post something similar. In mine they said "Youcosjobs said:Pretty good, but apparently they believe the only way to pay for social programs is by taxing those making under $265000
no mention of brackets above that no other revenues such as inheritance tax or reducing corporate tax rates or welfare.
It's crazy. Like those are the only options. Omitting an option for military spending option is asinine.You have chosen to reduce taxes, which means that the government of United States can spend less on social benefits. If it were up to you, what 3 areas should the government cut:
- family - Includes things like: parental leave, child care benefits and services, and child benefits, etc.
- education - Includes things like: schools, universities, adult education services, etc.
- employment - Includes things like: job search supports, skills training supports, better access to funds to start a business, etc.
- unemployment - Includes unemployment benefits.
- poverty reduction - Includes things like: universal basic income and minimum-income benefits.
- housing - Includes things like: social housing services, housing benefits, etc.
- health - Includes things like: public hospitals, subsidised health insurance, etc.
- pensions - disability and long-term care for the elderly - Includes things like: illness and disability benefits and services, etc.
- other social areas
I brought everyone up to 42% with the thought that the excess is pushed back out in the form of M4A and UBI. Health is there, but UBI doesn't really go with poverty reduction in my eyes.Haven't read the whole thread but was going to post something similar. In mine they said "You
It's crazy. Like those are the only options. Omitting an option for military spending option is asinine.
So let's cut out the two generations of middlemen who blow those fortunes on the casino, cocaine and prostitution industries rather than stupid social programs.Sand said:Not true. Even with very wealthy families the third generation down has expended the fortune, on average.
If we actually enacted measures like that I'd be buying gold to bury and make sure my kids had a treasure map for when I died.So let's cut out the two generations of middlemen who blow those fortunes on the casino, cocaine and prostitution industries rather than stupid social programs.
So your net worth is over 5mm?If we actually enacted measures like that I'd be buying gold to bury and make sure my kids had a treasure map for when I died.
Negatory, but if these rules go into effect it will be the blue team and those folks will definitely drive that threshold down or allow inflation do the work over time, etc.So your net worth is over 5mm?
I'd prefer the cutoff about half that, but still.. How much coke and gambling money do your kids need when you die?
what rules? I've seen no blue proposals that would take the Inheritance tax below 3mm.Negatory, but if these rules go into effect it will be the blue team and those folks will definitely drive that threshold down or allow inflation do the work over time, etc.
Any statistical backup of your statement?Sand said:Not true. Even with very wealthy families the third generation down has expended the fortune, on average.
Been there, done that. Granted, it was 15 years ago, so the numbers would have been a little different. My wife stayed home with our kids and I was making under 40k. It was a monthly choice of which bill I didn't pay that month, so I could get some other bill that was delinquent caught up.mr. furley said:i'd pushed it to what i thought was a pretty low number for a family of 4 and the actual number came in a few grand less than that even.
didn't run the numbers on a napkin or anything, but i can't imagine putting a family of 4 through life on 37k a year combined household income.
chet is still spinning since yesterday. give it up buddy. i don't think its gonna make much of a difference at this point.djmich said:lol at this income dial that you have to keep spinning, stopped there.
Why Wealthy Families Lose their Fortunes in 3 Generations.Any statistical backup of your statement?