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400 Millionairs
Posted: Mon Nov 13, 2017 7:44 am
by snakeoil
Re: 400 Millionairs
Posted: Mon Nov 13, 2017 9:05 am
by johnforbes
Being a millionaire these days is no special distinction. I am one, and surely many others here are as well.
I don't count home equity (or even vacation house value) in net worth calculation, but most people do and these days it is quite easy to combine that plus a garden variety 401 and be technically a millionaire.
As to tax cuts, they should APPLY TO ALL to stimulate the economy.
Poor people don't hire people. Rich people do.
To stimulate the economy (which Democrats do not want to do), you need cuts in taxes for EVERYBODY.
Re: 400 Millionairs
Posted: Mon Nov 13, 2017 9:26 am
by namngulfvet
snakeoil wrote:https://www.washingtonpost.com/news/won ... 3695037da0
How many of those are criminal NFL players.
Re: 400 Millionairs
Posted: Mon Nov 13, 2017 10:10 am
by RealJustme
Only 400 Millionaires? I'm a millionaire and so are most of my neighbors, if you look at property, savings and other assets there are probably 400 other millionaires within a mile of me. Why only 400 millionaires out of the millions of millionaires in this country?
Re: 400 Millionairs
Posted: Mon Nov 13, 2017 11:32 am
by sillydaddy
If these "millionaires" want to pay more taxes, let them!
There's no law that says they have to take every deduction in the book... :o
Re: 400 Millionairs
Posted: Mon Nov 13, 2017 2:59 pm
by johnforbes
Precisely, and I can give the exact mailing address (it is in West Virginia thanks to Byrd) where any person can donate to the US Treasury to reduct the national debt.