The author of the Millionaire Next Door and The Millionaire Mind (Thomas J. Stanley) did extensive research as I recall--over 20 years worth before writing his best selling books. One of the things found about those who find themselves in the millionaire category is:
That millionaires tend to have especially stable and loving marriages lasting decades, in a world where unhappiness and divorce are common. After showing that most men seek attractive mates, and most women seek mates who are high earners, Stanley found that millionaires select their spouses differently. What traits do millionaires value in a spouse? Honesty, responsibility, lovingness, capability, and supportiveness. These traits are highly ranked by both millionaire men and millionaire women.
One of the greatest things that Senator McCain said was that he'd take a very close look at limiting the number of cost-plus contracts out there.
If only he'd have asked Obama what he thought about that proposal. I'd have loved to have heard the answer since it's doubtful he even would know what the question meant. It was that comment alone that just re-emphasized to me the value of McCains life-long experience in government service.
I can't say it enough. If the public only knew--they, like me wouldn't want the government controlling more of anybody's money. Even the rich whom so many don't seem to understand are the backbone of our economy; paying the bulk of the bills, providing the majority of the jobs (to include the government jobs), boosting other businesses and growth through capital investment.
Why is that so hard to understand. You maybe that's why some people never do get ahead. They are limited by their own lack of vision and understanding of cause and effect. Being stuck in your own limited world keeps you stuck in the end.
>>The poor are subsidizing the rich in a non-income tax kinda way. They are providing the rich with cheap labor. The rich are making higher profits in the business because they are paying wages that aren't keeping up with inflation and the rich are paying less for goods and services because the poor are not being paid a fair wage for the labor provided. If they have to pay a small % of that subsidy back so that Wal-Mart employees can get the government aid they qualify for, I just can't cry for the Waltons.<<
You've got it exactly backwards.
With all the regulatory compliance costs (taxes, insurance, report requirements, accounting standards etc...) and having to compete with others to remain viable they pay what they can--what the market will allow. Then, since they pick up the bulk of the tax bill the government redistributes that to the poor or lower wage earners to keep them appeased. This all allows the government to come out looking good and the employer looking bad.
Ah--ignorance can be bliss! The public's been duped. What the phrase? We have seen the enemy and it is us? The government needs to be reduced and reigned in. Or there will be more of the same and we'll be having these same arguments over and over again.
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The author of the Millionaire Next Door and The Millionaire Mind (Thomas J. Stanley) did extensive research as I recall--over 20 years worth before writing his best selling books. One of the things found about those who find themselves in the millionaire category is:
That millionaires tend to have especially stable and loving marriages lasting decades, in a world where unhappiness and divorce are common. After showing that most men seek attractive mates, and most women seek mates who are high earners, Stanley found that millionaires select their spouses differently. What traits do millionaires value in a spouse? Honesty, responsibility, lovingness, capability, and supportiveness. These traits are highly ranked by both millionaire men and millionaire women.
One of the greatest things that Senator McCain said was that he'd take a very close look at limiting the number of cost-plus contracts out there.
If only he'd have asked Obama what he thought about that proposal. I'd have loved to have heard the answer since it's doubtful he even would know what the question meant. It was that comment alone that just re-emphasized to me the value of McCains life-long experience in government service.
I can't say it enough. If the public only knew--they, like me wouldn't want the government controlling more of anybody's money. Even the rich whom so many don't seem to understand are the backbone of our economy; paying the bulk of the bills, providing the majority of the jobs (to include the government jobs), boosting other businesses and growth through capital investment.
Why is that so hard to understand. You maybe that's why some people never do get ahead. They are limited by their own lack of vision and understanding of cause and effect. Being stuck in your own limited world keeps you stuck in the end.
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Well, I'm a thousandaire and I rank those traits pretty highly as well. And I've been with the same man for 20 years married for 16.
I disagree with you, but I'm pretty sure
Buffet's regular "income" is converted into capital gains in order to avoid paying the
I disagree with you, but I'm pretty sure
You're talking about "businesses", don't use the word "rich" which encompasses more than just businesses.
You do realize without businesses there are no jobs?
No jobs, no profits, equals no taxes?
Because you don't seem to understand that very well.
>>The poor are subsidizing the rich in a non-income tax kinda way. They are providing the rich with cheap labor. The rich are making higher profits in the business because they are paying wages that aren't keeping up with inflation and the rich are paying less for goods and services because the poor are not being paid a fair wage for the labor provided. If they have to pay a small % of that subsidy back so that Wal-Mart employees can get the government aid they qualify for, I just can't cry for the Waltons.<<
You've got it exactly backwards.
With all the regulatory compliance costs (taxes, insurance, report requirements, accounting standards etc...) and having to compete with others to remain viable they pay what they can--what the market will allow. Then, since they pick up the bulk of the tax bill the government redistributes that to the poor or lower wage earners to keep them appeased. This all allows the government to come out looking good and the employer looking bad.
Ah--ignorance can be bliss! The public's been duped. What the phrase? We have seen the enemy and it is us? The government needs to be reduced and reigned in. Or there will be more of the same and we'll be having these same arguments over and over again.
<
No jobs, no profits, equals no taxes?
Because you don't seem to understand that very well.>>
You do realize without a middle class there are no customers.
I disagree with you, but I'm pretty sure
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