Here's How Much You Have To Earn To Be In The 1 Percent In Each State

[RickBean]

In Arkansas, you'd need to pull in $228,298 a year. In Connecticut, the threshold is $677,608. How do you think, is it normal that most of people lives in poverty and government doing nothing to make the situation better?!
This thread is about poverty and about richness.
It's very interesting for me, to know your opinion.
1 - "Destroying poverty" is it possible, or maybe u think that it's an utopia?
2 - Reform on economic system - is it possible?
Thanks for reading and maybe for answers!)
http://www.huffingtonpost.com/2015/01/26/1-percent-in-each-state-map_n_6548222.html

 

[Matt1970]

Most people live in poverty?

 

[TreVader]

I recall private boarding school in CT and I was certainly very impoverished. One time I got lost in New Haven.




Sad times.

 

[RickBean]

Most people live in poverty?

Not most, but very huge percent.

 

[boomerang]

Not most, but very huge percent.

Let's see a number. It's best to deal in specifics versus feelings.

On a related note, do you feel that there is a possibility that there will always be a 1%?

 

[rpsgc]

Most people live in poverty?

Well, duh!


Anyone who doesn't own a yacht and at least two sports cars is obviously living in poverty.

 

[Londo_Jowo]

Looks like only the VP level and above for the company for whom I would are in the 1%.

 

[allisolm]

Most people live in poverty?

Not most, but very huge percent.

14.5%


"is it normal that most of people lives in poverty and government doing nothing to make the situation better?!"

1. They don't.
2. It is.

 

[highland145]

$275K? I'm a 99%er.

 

[TreVader]

$275K? I'm a 99%er.

Way to be the first person in this thread to be juvenile enough to brag about their income on an anonymous internet forum


PS: You live in south carolina, so you are already starting out way behind. You'd have to pay me millions to live in that nightmare of a state lol.

 

[QuantumPion]

https://www.youtube.com/watch?v=93tR96egox4

 

[1prophet]

In Arkansas, you'd need to pull in $228,298 a year. In Connecticut, the threshold is $677,608. How do you think, is it normal that most of people lives in poverty and government doing nothing to make the situation better?!
This thread is about poverty and about richness.
It's very interesting for me, to know your opinion.
1 - "Destroying poverty" is it possible, or maybe u think that it's an utopia?
2 - Reform on economic system - is it possible?
Thanks for reading and maybe for answers!)
http://www.huffingtonpost.com/2015/01/26/1-percent-in-each-state-map_n_6548222.html

Pull in from what, dividends, rentals, DBA with several employees, grocery store owner with 10 employees and 3% profit margin at best, etc.?

Seen small construction and landscaper firms pull in mid 6 figures and on paper look like the so called 1% until the economy crashed

Actually seen blue collar people accused of being rich because of the overtime they put in by those who didn't want to work as hard.

One way to differentiate the real rich from middle class high earners that are subject to the whims of the economy,

The real rich love recessions.

http://www.thestar.com/business/201...ecessions_its_cheaper_to_outspend_others.html

Even the rich spend less during times of economic recession, but not because they have to, according to a study in the Journal of Consumer Research.



Analyzing U.S. household expenditure data over more than two decades, researchers at Duke University and the University of Houston found evidence to support the theory that the rich reduce spending during recession because they don’t have to spend as much to maintain their status relative to everyone else.



“It’s not a positive commentary on humanity, but that is the way it is,” said researcher Wagner A. Kamakura, marketing professor at Duke University.

documentary on the real rich.

https://www.youtube.com/watch?v=HmlX3fLQrEc

 

[highland145]

Way to be the first person in this thread to be juvenile enough to brag about their income on an anonymous internet forum


PS: You live in south carolina, so you are already starting out way behind. You'd have to pay me millions to live in that nightmare of a state lol.

trivector fail...again.


How about I don't pay you a penny and you stay away. Win, win.

 

[rudeguy]

how is Washington DC #2 on that list? How can the seat of democracy have so much evil money flowing through it?

This makes no sense!

 

[soulcougher73]

I suck. Im only a 16.75%'er

 

[highland145]

how is Washington DC #2 on that list? How can the seat of democracy have so much evil money flowing through it?

This makes no sense!

I suggest you stop paying your fed tax.

 

[QuantumPion]

Even if you redistributed all of the money, wealth, property, power and education around the entire world equally, within a year you would be back to the same situation of 1%'ers. It is a fact of life and humanity that some people are simply better than other people (in terms of skill, talent, personality, intelligence, etc). Whether by nature or nurture, who knows. Some people are lazy and will take their redistributed wealth and sit on their ass all day while others will work hard to become rich one way or another. The only way to have forced equality would be actual slavery - where productive people are forced to work for the non-productive people at gunpoint.

 

[Newell Steamer]

How did paying your fair share turn into wealth distribution?

No one wants the $500K (for example) plus 1%ers to only take $45K from their job and have the remaining $455K given to random Americans, illegals and ISIS.

It's about making sure the $500K plus 1%ers aren't dodging taxes and actually paying into the system that protects them.

Reality speaks for itself; http://www.economicpopulist.org/content/poor-pay-more-taxes-5660 - those that are making FAR less are paying more from their salaries in taxes that those who are making significantly far more.

But, again, it's the typical alarms that go off when asked to step up to the plate - socialism, communism, robbery, Obama is going to invade our homes, burdening the rich, blllaaarrrrggggghhh.

 

[boomerang]

It's about making sure the $500K plus 1%ers aren't dodging taxes and actually paying into the system that protects them.

Dodging taxes? We have the IRS to enforce that. Who specifically is dodging taxes? Who is coloring outside of the lines associated with the tax code?

 

[rudeguy]

Dodging taxes? We have the IRS to enforce that. Who specifically is dodging taxes? Who is coloring outside of the lines associated with the tax code?

Shhhhh....don't ruin their whole economic theory. The rich are evil, they don't pay their fair share. If only the government could close loop holes, the rich would pay their share and everyone would get free puppies and lollipops.

 

[Newell Steamer]

Dodging taxes? We have the IRS to enforce that. Who specifically is dodging taxes? Who is coloring outside of the lines associated with the tax code?

http://www.irs.gov/pub/irs-soi/12insprbulhignincome.pdf

 

[Newell Steamer]

Shhhhh....don't ruin their whole economic theory. The rich are evil, they don't pay their fair share. If only the government could close loop holes, the rich would pay their share and everyone would get free puppies and lollipops.

http://www.irs.gov/pub/irs-soi/12insprbulhignincome.pdf

 

[Nograts]

I only need to make 280k more a year to be there, not bad not bad.

See I had it rough growing up in my family. I don't tell many people this because it's an extreme low point in my life but...I always wanted one of those electric toy cars you could ride in...remember pow-pow-power wheels? Well I asked for one every year...and never got it. I couldn't stand the shame I would have felt telling my other 10 year old friends at the time...so I had to lie and say it was in the shop or, at the dealer getting sweet spoilers installed or something...but the whole time I was lying so that they didn't know I didn't have one... My parents pretty much ruined my life.

 

[rudeguy]

http://www.irs.gov/pub/irs-soi/12insprbulhignincome.pdf

 

[boomerang]

http://www.irs.gov/pub/irs-soi/12insprbulhignincome.pdf

:facepalm: