Funny remark Michael, as I know a couple of seriously "poor" people who own
collector cars. They afford their cars by doing whatever they can to scrimp
up the required $ to feed their addiction of classic cars. "Poor" is a
relative term as there are many different avenues one can be "poor" in.
There are government defined $ figures of what defines "poverty" but not
"poor" as it is such a vague term. Very interesting discussion this has
been about taxes and the unfairness of the system BUT power and money
(taxation on those who have not by those who have) has never been about
fairness. It was designed and implemented by the rich to keep lower class
subjects in a position where their labor makes more money for the rich. I
subscribe to the theory that there are only two classes of people. Those
who own income producing means and those who work for the owner of those
means. Unless you own the business which produces income then you are
subject to the owners whims and devices and can go from being comfortable to
being poor in the blink of an eye UNLESS you are quick to adapt and are
resourceful. The main problem I see in the good old USA today is that
adaptation and resourcefulness' are no longer taught to children by their
parents thus setting them up for failure when life ( or business owners)
throws them a curve.
Leo
-----Original Message-----
From: spridgets-bounces at autox.team.net
[mailto:spridgets-bounces at autox.team.net] On Behalf Of Michael Rowe
Sent: Thursday, March 03, 2011 6:48 PM
To: derf; bjshov8 at tx.rr.com
Cc: spridgets_autox.team.net
Subject: Re: [Spridgets] Taxes
> I'd be for "tax the rich, feed the poor"
This brings up an interesting point: No one on this list is poor, or we
would not be fussing with esoteric antique cars. So what is the dividing
line between "rich" and "poor?"
It used to be that a million dollars was a lot of money. Now I expect that
many on this list are worth that including their homes. A millionaire in
current parlance must make a million a year, or something like that,
otherwise he hasn't really earned the title. But you don't need to be a
millionaire to be seen as rich. (Anyone with more money than I have is
rich.) So define "rich."
Enough of taxes. Maybe we should talk about death for a while. :-)
Michael Rowe
Non-millionaire
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