Team Hondo takes another hit
Comments
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You can’t figure out why the median is much lower than the mean?SFGbob said:
That's got to be it.greenblood said:
I understand what you are saying, and I completely agree with you that there is a link between socio-economics and race. However, it's been almost sixty years since we've passed affirmative action. I'm sorry, but if your family hasn't made it out of poverty in three generations, you kind of have to share in the blame irregardless of race.allpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you.
I also think the 1 in 7 number is bullshit. Unless, they are combining assets of other branches of a family tree.
There's something that really stinks about the calculations they're making
The accumulation of white wealth looks set to continue. The average white household, worth about $930,000 in 2016, will accumulate a net worth of more than $1 million by the time the next triennial survey comes out in 2020, Hamilton said. (The reported average is skewed by wealthy outliers. The median white household was worth $171,000 in 2016.)
Median white household worth is less than $200K. Garbage fucking in garbage out.
Btw, what do you suspect the impact on family wealth might be when nearly 70% of all black children are born out of wedlock? Think that might have a negative impact on a family's wealth being raised by a single mother? -
Except I didn’t say that. It benfits all millionaires equally, you’re the one yapping about race.allpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you. -
WRONG!SFGbob said:If you were truly interested in improving the net worth of the black family you'd encourage all of them to not have children until and unless they are married. But that doesn't have quite the same SJW cache as blaming whitey.
We have to legislate winners and losers. Come on, make it fair. -
Are you at a bar?MikeDamone said:
Except I didn’t say that. It benfits all millionaires equally, you’re the one yapping about race.allpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you. -
What do you think? That’s what white millionaires do.allpurpleallgold said:
Are you at a bar?MikeDamone said:
Except I didn’t say that. It benfits all millionaires equally, you’re the one yapping about race.allpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you. -
It doesn't make sense to me how 1 in 7 white families could be millionaires when the median white house hold net worth is only $171,000.
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It's clear that I suck at being a white male
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I’ve actually gone back and forth on my inheritance tax position, same with abortion. Iv’e read extensively what Jefferson, Adam Smith and Thomas Paine had to say on the issue of inherited wealth. There is a wealth (no pun intended) of writings on it and debate between the founders. Of course, I don’t expect any of you fucktards, especially HondoFS to actually pick up a fucking book an form an educated opinion.allpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you. -
I am.allpurpleallgold said:
Are you at a bar?MikeDamone said:
Except I didn’t say that. It benfits all millionaires equally, you’re the one yapping about race.allpurpleallgold said:I don’t think I’ve ever thought less of the right than I do seeing you guys not understand the inheritance thing.
1 in 7 white families are millionaires. 1 in 50 black families are. If you have a policy that benefits millionaires, who is it helping more? I knew @MikeDamone would be stupid enough to say it benefits every equally but I didnt realize it was all of you. -
The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains. -
Median is just the middle number. For every person above 171,000 there’s someone below 171,000.SFGbob said:It doesn't make sense to me how 1 in 7 white families could be millionaires when the median white house hold net worth is only $171,000.
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You know who else treated people like numbersallpurpleallgold said:
Median is just the middle number. For every person above 171,000 there’s someone below 171,000.SFGbob said:It doesn't make sense to me how 1 in 7 white families could be millionaires when the median white house hold net worth is only $171,000.
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Hey strawman ass fucker, no one is shocked that a family could have a net worth over a million dollars, I’m shocked that 1 in 7 white famlies have a net worth of over a million.2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Hell on account of that shitty investment you said I should have never made and my savings I have a net worth over a million dollars -
Archimedes?GrundleStiltzkin said:
You know who else treated people like numbersallpurpleallgold said:
Median is just the middle number. For every person above 171,000 there’s someone below 171,000.SFGbob said:It doesn't make sense to me how 1 in 7 white families could be millionaires when the median white house hold net worth is only $171,000.
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Then how the fuck are you shocked about 1 in 7 white families? Oh wait, because it goes against your narrative.SFGbob said:
Hey strawman ass fucker, no one is shocked that a family could have a net worth over a million dollars, I’m shocked that 1 in 7 white famlies have a net worth of over a million.2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Hell on account of that shitty investment you said I should have never made and my savings I have a net worth over a million dollars -
Exactlyallpurpleallgold said:
Archimedes?GrundleStiltzkin said:
You know who else treated people like numbersallpurpleallgold said:
Median is just the middle number. For every person above 171,000 there’s someone below 171,000.SFGbob said:It doesn't make sense to me how 1 in 7 white families could be millionaires when the median white house hold net worth is only $171,000.
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Jesus Fucking Christ.2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
And no you fucking don't. Liar.
I can't believe someone pays you to post here. They obviously don't review your *ahem* work. -
What every happened to Bombay Saphire and a fresh bowl? That was pretty fucking white. Maybe the only thing you and Harv (RIP) had in common.RaceBannon said:It's clear that I suck at being a white male
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And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it. -
You don't like any taxes. I get it. Move to another country that has way less taxes and see how it works out for you.MikeDamone said:
And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it. -
1) not true2001400ex said:
You don't like any taxes. I get it. Move to another country that has way less taxes and see how it works out for you.MikeDamone said:
And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it.
2) “why don’t you LEAVE if you don’t like it”.... Lazy cliche and emotional argument. Sign of desperation. (Why don’t you move to Somalia logical fallacy)
3) I was born here so fuck off
4) fuck off.
5) you didn’t present an argument
6) fuck off
7) Diaff
9) Profit!!! (Thanks Pawz). I had to edit that -
You should move to China.2001400ex said:
You don't like any taxes. I get it. Move to another country that has way less taxes and see how it works out for you.MikeDamone said:
And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it.
Or MotherRussia.
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MikeDamone said:
1) not true2001400ex said:
You don't like any taxes. I get it. Move to another country that has way less taxes and see how it works out for you.MikeDamone said:
And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it.
2) “why don’t you LEAVE if you don’t like it”.... Lazy cliche and emotional argument. Sign of desperation. (Why don’t you move to Somalia logical fallacy)
3) I was born here so fuck off
4) fuck off.
5) Profit.
FTFY -
Can't wait for the Covington Kentucky kids to get their million dollar homes
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Well our country is fairly young relative and we bypassed every other country. And a lot of that growth came with high tax rates. Remember sending someone to the Moon and shit? That was a huge deal.MikeDamone said:
1) not true2001400ex said:
You don't like any taxes. I get it. Move to another country that has way less taxes and see how it works out for you.MikeDamone said:
And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it.
2) “why don’t you LEAVE if you don’t like it”.... Lazy cliche argument. (Why don’t you move to Somalia logical fallacy)
3) I was born here so fuck off
4) fuck off.
Point is. We are doing something right with the system we have in place. If you don't like the system, then move. Or STFU. -
So why do we need a fundamental change?2001400ex said:
Well our country is fairly young relative and we bypassed every other country. And a lot of that growth came with high tax rates. Remember sending someone to the Moon and shit? That was a huge deal.MikeDamone said:
1) not true2001400ex said:
You don't like any taxes. I get it. Move to another country that has way less taxes and see how it works out for you.MikeDamone said:
And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it.
2) “why don’t you LEAVE if you don’t like it”.... Lazy cliche argument. (Why don’t you move to Somalia logical fallacy)
3) I was born here so fuck off
4) fuck off.
Point is. We are doing something right with the system we have in place. If you don't like the system, then move. Or STFU.
Oops -
So what does any of your bullshit about unrealized capital gaines being inherited have to do with any of this? Other than your typical strawman. Go back to chuckling about Newson moving into Reagans house. That was your shining moment. You even gave it an El oh fucking El. OK!2001400ex said:
Well our country is fairly young relative and we bypassed every other country. And a lot of that growth came with high tax rates. Remember sending someone to the Moon and shit? That was a huge deal.MikeDamone said:
1) not true2001400ex said:
You don't like any taxes. I get it. Move to another country that has way less taxes and see how it works out for you.MikeDamone said:
And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it.
2) “why don’t you LEAVE if you don’t like it”.... Lazy cliche argument. (Why don’t you move to Somalia logical fallacy)
3) I was born here so fuck off
4) fuck off.
Point is. We are doing something right with the system we have in place. If you don't like the system, then move. Or STFU.
This country has had an income tax for less than half of it’s existence. Now the government takes in 30% of GDP, yet still has 20 trillion in debt. I guess thats doing “something right”.
Fuck off -
Am I asking for a fundamental change? No. Incremental change with Medicare for all would be good.RaceBannon said:
So why do we need a fundamental change?2001400ex said:
Well our country is fairly young relative and we bypassed every other country. And a lot of that growth came with high tax rates. Remember sending someone to the Moon and shit? That was a huge deal.MikeDamone said:
1) not true2001400ex said:
You don't like any taxes. I get it. Move to another country that has way less taxes and see how it works out for you.MikeDamone said:
And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it.
2) “why don’t you LEAVE if you don’t like it”.... Lazy cliche argument. (Why don’t you move to Somalia logical fallacy)
3) I was born here so fuck off
4) fuck off.
Point is. We are doing something right with the system we have in place. If you don't like the system, then move. Or STFU.
Oops -
Obama did and the Democrats do and you're their shill2001400ex said:
Am I asking for a fundamental change? No. Incremental change with Medicare for all would be good.RaceBannon said:
So why do we need a fundamental change?2001400ex said:
Well our country is fairly young relative and we bypassed every other country. And a lot of that growth came with high tax rates. Remember sending someone to the Moon and shit? That was a huge deal.MikeDamone said:
1) not true2001400ex said:
You don't like any taxes. I get it. Move to another country that has way less taxes and see how it works out for you.MikeDamone said:
And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it.
2) “why don’t you LEAVE if you don’t like it”.... Lazy cliche argument. (Why don’t you move to Somalia logical fallacy)
3) I was born here so fuck off
4) fuck off.
Point is. We are doing something right with the system we have in place. If you don't like the system, then move. Or STFU.
Oops
You talked yourself into a corner with your bullshit -
Obama wanted fundamental change? Really? How exactly was that accomplished?RaceBannon said:
Obama did and the Democrats do and you're their shill2001400ex said:
Am I asking for a fundamental change? No. Incremental change with Medicare for all would be good.RaceBannon said:
So why do we need a fundamental change?2001400ex said:
Well our country is fairly young relative and we bypassed every other country. And a lot of that growth came with high tax rates. Remember sending someone to the Moon and shit? That was a huge deal.MikeDamone said:
1) not true2001400ex said:
You don't like any taxes. I get it. Move to another country that has way less taxes and see how it works out for you.MikeDamone said:
And those who inherit the wealth will be taxed when the gaines are realized. What’s you fucking point? Dumbshit2001400ex said:The fact that a lot of you are shocked how a family could have a net worth of a million is telling. For example, my buddy bought a house in Redmond in 09 for $800k and it's worth almost $2 million now. That's an extreme example but I have more friends than not over 40 that are worth more than a million.
That being said, most billionaires give their wealth to charity rather than their kids. Look at Bill Gates. I don't know where Paul Allen shook out on that. I don't think he had kids and it went to his sister.
And yes most of his wealth wasn't taxed as it's in unrealized gains.
Did Reagan have to pay taxes on the appreciation of his house he sold to Gavin Newsom? El oh fucking El. OK! Got it.
2) “why don’t you LEAVE if you don’t like it”.... Lazy cliche argument. (Why don’t you move to Somalia logical fallacy)
3) I was born here so fuck off
4) fuck off.
Point is. We are doing something right with the system we have in place. If you don't like the system, then move. Or STFU.
Oops
You talked yourself into a corner with your bullshit
I'm in no corner. But ok!
