How many 1%'ers we got here?

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BoberFett

Lifer
Oct 9, 1999
37,562
9
81
Your problem is that you look at taxes the wrong way. If all taxes were reduced to 0 tomorrow, the average salary for your job would plummet to your take home pay in a relatively short time frame. That is the amount you are willing to accept for your job. Businesses aren't going to continue to pay more for your skills than they need to.

Once you integrate this information you will realize that all taxes are essentially levied upon businesses, and that all the fighting against taxation is actually people fighting against their own self-interest.

I think you've made that argument before, and it's an incredibly stupid one. Companies don't hire based on an employees net income. They care about their own costs.
 

Grooveriding

Diamond Member
Dec 25, 2008
9,147
1,330
126
When you hear references to the 1% elite, it's not people making a few multiples of six figure incomes. That is chicken scratch to what the 1% really is (the 1% of that 1%) You're talking less than a 1000 people who have each have fortunes measured in the billions. The people making money off the backs of everyone else, including the six figure income worker bees.
 

dank69

Lifer
Oct 6, 2009
37,411
33,085
136
I think you've made that argument before, and it's an incredibly stupid one. Companies don't hire based on an employees net income. They care about their own costs.
They care about maximizing profit. That means they want to pay you as little as possible. Plenty of people are willing to do your job for the same take home pay you receive now, including yourself (assuming you even have a job.)
 

Mermaidman

Diamond Member
Sep 4, 2003
7,987
93
91
Hmm, Hawaii has a high-ish median income, but is no where near the top 1%. Similar for Alaska.
 

theeedude

Lifer
Feb 5, 2006
35,787
6,197
126
Whoa, we are half way there (to 1% household income in Cali). Whoa, we are living on a (first world problem) prayer. :)
 

child of wonder

Diamond Member
Aug 31, 2006
8,307
176
106
Over halfway there....

Still, don't feel wealthy by any stretch just in a position where we can save more money than we could a few years ago and eat out more often.
 

ultimatebob

Lifer
Jul 1, 2001
25,134
2,450
126
No, I mean like the best of the best. The most civilized place on earth. Fabulously wealthy and progressive without the filth of NY or the vapidity of CA.

And yes, close to the beach. :D

Bah... Connecticut sucks. The taxes are too damn high, the gun laws are stupid, and the cities are filled with abandoned factory buildings.

If it wasn't for all of the old rich people to sponge off of, most of the state would look like Detroit.
 

MustISO

Lifer
Oct 9, 1999
11,927
12
81
I don't think I'm ever going to make over $200,000 in a year so no, I'll never be a 1%er.
 

kt

Diamond Member
Apr 1, 2000
6,032
1,348
136
List would be much shorter if you asked how many are NOT 1%'ers in ATOT.
 

TallBill

Lifer
Apr 29, 2001
46,017
62
91
Nope. Military here. If my financial planning goes right then I'll be sitting pretty in the end game.