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Bernie Sanders a millionaire

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Comments

  • 2001400ex
    2001400ex Member Posts: 29,457
    SFGbob said:

    BearsWiin said:

    BearsWiin said:

    HHusky said:

    jecornel said:

    HHusky said:

    jecornel said:

    So you have a million bucks in the bank and you make 250k a year for the next 10-15 years and you don't live an idiot you aren't rich?

    Most of America doesn't have a savings account or the ability to pay a 400 dollar emergency bill.

    I guess if you want to be in Medina?

    You're describing comfortable, but not rich. Particularly not in Seattle.

    So what about Renton? Are you rich in Renton? Or extremely comfortable.
    Rich is wealth that can generate passive income. A million dollars is a lot of money, but it cannot reliably produce a lot of passive income. You’ll need to keep working that $250k job and put as much as you can into savings and investments. If you do that you may very well be “rich”, or close to it, at the end of 10-15 years. A salary isn’t rich. What you have in the bank is the real measure of rich.
    We need to raise taxes on passive income

    We need to raise taxes on people earning 250K a year or more

    We need to raise taxes on anything you managed to keep and want to pass along

    Your Democrats

    you say that like it's a bad thing
    Why do you think that? I merely said it because H is pretending it isn't the rich he wants to soak with more taxes

    Sounds like you agree with him
    Reps are under the delusional impression that people get rich despite the system instead of because of it, so therefore thy have no obligation to pay back into the system that they took advantage of

    Party of I got Mine, Fuck the Rest of You

    You must be so proud
    What a load of crap. The top 1% of income earners are currently paying 40% of all the income taxes. I think they have a pretty good idea they have an obligation to pay back into the system.

    You still drop back to that distortion of facts. Idiot.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,580 Founders Club
    2001400ex said:

    SFGbob said:

    BearsWiin said:

    BearsWiin said:

    HHusky said:

    jecornel said:

    HHusky said:

    jecornel said:

    So you have a million bucks in the bank and you make 250k a year for the next 10-15 years and you don't live an idiot you aren't rich?

    Most of America doesn't have a savings account or the ability to pay a 400 dollar emergency bill.

    I guess if you want to be in Medina?

    You're describing comfortable, but not rich. Particularly not in Seattle.

    So what about Renton? Are you rich in Renton? Or extremely comfortable.
    Rich is wealth that can generate passive income. A million dollars is a lot of money, but it cannot reliably produce a lot of passive income. You’ll need to keep working that $250k job and put as much as you can into savings and investments. If you do that you may very well be “rich”, or close to it, at the end of 10-15 years. A salary isn’t rich. What you have in the bank is the real measure of rich.
    We need to raise taxes on passive income

    We need to raise taxes on people earning 250K a year or more

    We need to raise taxes on anything you managed to keep and want to pass along

    Your Democrats

    you say that like it's a bad thing
    Why do you think that? I merely said it because H is pretending it isn't the rich he wants to soak with more taxes

    Sounds like you agree with him
    Reps are under the delusional impression that people get rich despite the system instead of because of it, so therefore thy have no obligation to pay back into the system that they took advantage of

    Party of I got Mine, Fuck the Rest of You

    You must be so proud
    What a load of crap. The top 1% of income earners are currently paying 40% of all the income taxes. I think they have a pretty good idea they have an obligation to pay back into the system.

    You still drop back to that distortion of facts. Idiot.
    You still lie
  • HHusky
    HHusky Member Posts: 24,351
    SFGbob said:

    BearsWiin said:

    BearsWiin said:

    HHusky said:

    jecornel said:

    HHusky said:

    jecornel said:

    So you have a million bucks in the bank and you make 250k a year for the next 10-15 years and you don't live an idiot you aren't rich?

    Most of America doesn't have a savings account or the ability to pay a 400 dollar emergency bill.

    I guess if you want to be in Medina?

    You're describing comfortable, but not rich. Particularly not in Seattle.

    So what about Renton? Are you rich in Renton? Or extremely comfortable.
    Rich is wealth that can generate passive income. A million dollars is a lot of money, but it cannot reliably produce a lot of passive income. You’ll need to keep working that $250k job and put as much as you can into savings and investments. If you do that you may very well be “rich”, or close to it, at the end of 10-15 years. A salary isn’t rich. What you have in the bank is the real measure of rich.
    We need to raise taxes on passive income

    We need to raise taxes on people earning 250K a year or more

    We need to raise taxes on anything you managed to keep and want to pass along

    Your Democrats

    you say that like it's a bad thing
    Why do you think that? I merely said it because H is pretending it isn't the rich he wants to soak with more taxes

    Sounds like you agree with him
    Reps are under the delusional impression that people get rich despite the system instead of because of it, so therefore thy have no obligation to pay back into the system that they took advantage of

    Party of I got Mine, Fuck the Rest of You

    You must be so proud
    What a load of crap. The top 1% of income earners are currently paying 40% of all the income taxes. I think they have a pretty good idea they have an obligation to pay back into the system.

    Income isn’t wealth though and you resist every effort to tax the vastly wealthy.
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,559 Founders Club
    So is Bernie rich and not paying his fair share or is he not rich and the rest of us should be taxed less along with him?
  • Sledog
    Sledog Member Posts: 38,616 Standard Supporter

    HHusky said:

    jecornel said:

    So you have a million bucks in the bank and you make 250k a year for the next 10-15 years and you don't live an idiot you aren't rich?

    Most of America doesn't have a savings account or the ability to pay a 400 dollar emergency bill.

    I guess if you want to be in Medina?

    You're describing comfortable, but not rich. Particularly not in Seattle.

    So you disagreed with the first mulatto president when he told us $250K was rich?
    I disagreed with the Clintons when they said 65k a year was rich.
  • jecornel
    jecornel Member Posts: 9,737
    Contrary to many, being comfortable doesn't take a lot of money.

    If you choose to acquire real estate, a wife, kids, boats, vacations to nice places, season tickets, RVs, organic foods, CrossFit, skiing, and so forth life becomes expensive.

    Passive income can be generated by anyone. Does that make you rich?
  • Pitchfork51
    Pitchfork51 Member Posts: 27,681
    I'll wait to hear from @thechatch
  • jecornel
    jecornel Member Posts: 9,737
    Follow Mr. money Moustache. He has some good content.
  • Sledog
    Sledog Member Posts: 38,616 Standard Supporter
    Funny how aguy like Bernie who never actually held a real job can become a politician and become popular by taking from the rich likes to get rich.

    The left is the party of rubes.
  • HHusky
    HHusky Member Posts: 24,351
    jecornel said:

    Contrary to many, being comfortable doesn't take a lot of money.

    If you choose to acquire real estate, a wife, kids, boats, vacations to nice places, season tickets, RVs, organic foods, CrossFit, skiing, and so forth life becomes expensive.

    Passive income can be generated by anyone. Does that make you rich?

    If you can dependably generate a passive income that meets your reasonable needs and wants without any necessity that you ever work again, then I would call that rich enough. One million dollars will not do that.