Schwab Survey Reveals That Americans Think It Takes $2.5 Million to Be Considered Wealthy in 2024...
I suspect, if "net worth" is the objective definition, that most of the people responding don't actually understand what "net worth" means.
Particularly younger people. My wife and I have accumulated almost one million in assets even after subtracting the associated debt. I have news for you, we are not "financially comfortable" because of it, we are comfortable because we both work.
I suspect people are conflating 3 things
- assets/ physical things that have value,
- cash/simi-liquid in the bank,
- earning that amount per year.
For us to realize one million in the bank would mean having no place to live, and if not for our income from working a dramatic down grade in life style of that one million were to last 25 years.
Absolutely. What has been happening with jobs is nothing but musical chairs. Fortune 1000's were laying off 10's osf thousands and those same people were being hired. Net new job, 0.
How much longer can the media and Harris campaign cover the Walz lies? Do you think it’s a possibility at some point for him to drop out? They have to know JD will expose him for who he is when they debate. 💧 💧 💧
The premise of the Constitution is in fact that the power of the government corrupts.
But what is government itself, but the greatest of all reflections on human nature? If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary
Please publish audio or video of your "new comments" on the The Hunga Tonga–Hunga Haʻapai volcanic eruption. I was driving and unable to take notes.
If unrealized cap gains are taxed, will people be able to deduct unrealized cap losses?
"Kamala Harris has a 63% chance of winning the election" In 2020 Joe had an 80% and in 2016 75%.
Translation, trump is fairing better than in 2020 or 2016. So, there is that.
went down in a glorified propane tank pretending to be a deep-sea submarine to gawk at the watery grave of 1,500 souls
ROTFL 😂😂😂😂😂😂😂😂😂
Kamala Harris Supports a 25% Wealth Tax on Unrealized Gains...
This and price controls will will cause an implosion of the economy.
So will BlackRock have to pay up on all the real estate they own?
Schwab Survey Reveals That Americans Think It Takes $2.5 Million to Be Considered Wealthy in 2024...
I suspect, if "net worth" is the objective definition, that most of the people responding don't actually understand what "net worth" means.
Particularly younger people. My wife and I have accumulated almost one million in assets even after subtracting the associated debt. I have news for you, we are not "financially comfortable" because of it, we are comfortable because we both work.
I suspect people are conflating 3 things
- assets/ physical things that have value,
- cash/simi-liquid in the bank,
- earning that amount per year.
For us to realize one million in the bank would mean having no place to live, and if not for our income from working a dramatic down grade in life style of that one million were to last 25 years.
US Jobs Revised Down, Heather Long’s take from The Washington Post...
Points 1 and 2, oh BS. That is as believable as, OMG we had no idea Biden has dementia.
With the number of layoffs that have been happening in the last 6+ months, this shouldn't be a surprise to anyone.
Absolutely. What has been happening with jobs is nothing but musical chairs. Fortune 1000's were laying off 10's osf thousands and those same people were being hired. Net new job, 0.
ROFL
How much longer can the media and Harris campaign cover the Walz lies? Do you think it’s a possibility at some point for him to drop out? They have to know JD will expose him for who he is when they debate. 💧 💧 💧
"Kamala Harris Supports a 25% Wealth Tax on Unrealized Gains "
Hmmm, let's try out this tax on the House and Senate first see how it flies! And in 6 years we can revisit it and see how they like it.
Q: If we pay 25% on unrealized gains this year, and suffer an unrealized loss next year, do we get a tax refund next year?
A: Fool! Bwahahahahaha!!!
The premise of the Constitution is in fact that the power of the government corrupts.
But what is government itself, but the greatest of all reflections on human nature? If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary
~Alexander Hamilton or James Madison