- Nov 19, 2001
Originally posted by: Redhotjrm
Originally posted by: CPA
Redhotjrm, and the rest of you communists (you're not a socialist, you're a communist),
I have one wish for you:
I wish that one day you decide to start a business of your own. And even after dealing with angry customers, uncaring vendors, disgruntled employees, 80-120 hour work weeks (you're the boss, no vacation for you) and the long arm of the government, you become very successful. So successful, in fact, that you make well more than 300k in residual income. Because then, I would like to see your reaction when the government steps in and says "Mr. Redhot give me EVERYTHING you made greater than $300K." You will either be very pissed off or you will start cooking the books. Guaranteed.
Because of greed? "Don't take away my $300k!!! A new Lexus is coming out next month and I won't be able to buy 3 of them if you cap my 300k!"
You make a honest point that until I make that much money a year, and until we are a communist nation, I don't what what the hell I'm talking about. I just feel the money could do much more for our country than an individual.
It has nothing to do with greed and all to do with risk/reward. And you're trying to put a price on the risk. You take all the risk starting your own business, hiring your employees, dealing with customers (some, who would do nothing but look for ways to sue you), putting in all the hours to make the business work, and for what? A maximum 300K? Please.
And we have gotten ahead of ourselves here. I want to know your justification for 300k? Why not a 150K (government says this is the approximate threshold of being in the top 10% of all wage earners)? Why not 50k? why not 500k? You need to justify your number, and that will never be able to be done.