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Daily CE Musings of Piob - Page 283

post #4231 of 5129
I wonder why they didn't have anyone in the $100k range. There's a material difference from $65k to the $100-150k range, depending where you live, and there are a lot more people in that range than at $250k. You get all the aspirational spending dynamics from people who wish they made $250k, then the millionaire next door types.




There's that study that says happiness doesn't increase past ~70k/year, but I doubt that includes COL. It was a huge boost going from 70k to mid-100s in the DC area, but I'm not sure I'd be much happier in the 200k+ range.
post #4232 of 5129
"Would an extra $100k per year make me happier?" -- sounds like research the government should sponsor, eh?
post #4233 of 5129
Thread Starter 
Gib, I think they went 250k as that's the MSM and Democratic narrative's entry level for "rich" and "millionaire." It's been that way since the 90s when Clinton and Gore defined a "millionaire" as someone that makes 250k a year for four years (I'm not joking.)

What's interesting to note is the poorest guy thinks he pays too much in taxes. His biggest paycheque he said was $250 take home for two weeks. At $7 an hour that means his longest week was about 30 hours. Also, he only has one job. This runs very contrary to the MSM/left narrative all poor people are working extremely long weeks at multiple jobs. Back to taxes, we know he pays next to zero (mainly SS and Medicare), gets about 5k a year in EBT money, and no doubt gets a big EITC (single parent, two kids) so he's getting direct cash transfers in excess of any tax burden...yet he feels he's paying too much vs. the rich guys that don't.
post #4234 of 5129
post #4235 of 5129
Quote:
Originally Posted by Harold falcon View Post

 

#ThatHappened

post #4236 of 5129
Happy birthday, Earth.
post #4237 of 5129
Thread Starter 
Was just discussing my analysis here with a liberal SJW type. He told me I'm being very judgmental of the poor guy and I just don't understand what it's like to be poor. He told me if I only knew what it was like to be poor I'd think he paid too much in taxes also. I tried to explain his net is not just $0.00 but rather thousands of dollars in his pocket out of the taxation system. Refused to see that if a guy pays in $10, and gets $100 back, he's netted $90 and is "paying" nothing.

If I only knew what it was like to be poor I could ignore mathz. frown.gif
Quote:
Originally Posted by Piobaire View Post

Gib, I think they went 250k as that's the MSM and Democratic narrative's entry level for "rich" and "millionaire." It's been that way since the 90s when Clinton and Gore defined a "millionaire" as someone that makes 250k a year for four years (I'm not joking.)

What's interesting to note is the poorest guy thinks he pays too much in taxes. His biggest paycheque he said was $250 take home for two weeks. At $7 an hour that means his longest week was about 30 hours. Also, he only has one job. This runs very contrary to the MSM/left narrative all poor people are working extremely long weeks at multiple jobs. Back to taxes, we know he pays next to zero (mainly SS and Medicare), gets about 5k a year in EBT money, and no doubt gets a big EITC (single parent, two kids) so he's getting direct cash transfers in excess of any tax burden...yet he feels he's paying too much vs. the rich guys that don't.
post #4238 of 5129
This whole tax thing, and poor people is bullshit. If you worked in any of these blue collar jobs, you know damn well people are doing side jobs and not reporting it to the IRS. Happens all the time in construction. automotive repair... etc.
post #4239 of 5129
Quote:
Originally Posted by Piobaire View Post

Gib, I think they went 250k as that's the MSM and Democratic narrative's entry level for "rich" and "millionaire." It's been that way since the 90s when Clinton and Gore defined a "millionaire" as someone that makes 250k a year for four years (I'm not joking.)
The narrative on higher income wage earners is one of my least favorite parts of the Democratic party. Conflating "anyone who makes six figures" with "millionaires and billionaires" is irritating. It's hard to tell if it's deliberate (selling out to the fatcats pulling the strings) or just pandering to low information voters who don't understand that the Koch brothers (etc) aren't living off a salary.

You see similar stuff with the Facebook types ranting about the "crazy high" salaries of Congressmen.
Quote:
Also, he only has one job. This runs very contrary to the MSM/left narrative all poor people are working extremely long weeks at multiple jobs. .

There's some conflicting narratives, but a common critique of low paying jobs these days is that you're required to maintain a lot of schedule flexibility but aren't guaranteed enough hours which makes it hard to work a second job.
Quote:
He told me if I only knew what it was like to be poor I'd think he paid too much in taxes also
I suppose if you're poor, any money that you see going out feels like too much.


A less charitable interpretation would be that a lot of poor people have a huge entitlement complex. You see it any time someone "makes it", all the relatives come out of the woodwork for handouts.
post #4240 of 5129
Thread Starter 
Gib, I don't think it's necessarily entitlement. I think he either isn't or can't connect the dots and sees his outputs to the tax system as something completely distinct relative to the inputs he receives from the tax system.
post #4241 of 5129
Quote:
Originally Posted by Piobaire View Post

Gib, I don't think it's necessarily entitlement. I think he either isn't or can't connect the dots and sees his outputs to the tax system as something completely distinct relative to the inputs he receives from the tax system.

When I was younger I had a full time minimum wage for a year, and only made like 18k, and got close to 2k back from my refund. At most I think only paid like 10% to the tax man as a single with no dependants. At the time I thought they were taxing me a lot, but now I think it was fair.

These people are just being negative and looking to blame someone which in this case is the evil monster IRS. Looking at the actual numbers would be too difficult for them, because of the reality, and them not doing much to improve their skills to find a better paying job. Of course they will always find an excuse for their problems. I think we expect too much from people in general. Some people are perfectly fine with being leeches, and to try to change that is a waste of time.
post #4242 of 5129

A FB comment on minimum wage:

 

Quote:

No one deserves to live in poverty. Period. The minimum wage should reflect the minimum to not be in poverty.

It's not about how much I make though, it just a basic quality of life. Most minimum wage employees are single mothers in their late twenti
es and thirties. Providing them a stable not in poverty income means they provide a better life for their children, better lives for children means a better future. They can also afford to only work one job and this spend more time raising their children. Again, better kids=better future.

I think this is a move that would help the seventh generation more than mine so I support it. It's not about me, it's about US as a nation and a people and how we value each other.
post #4243 of 5129
Quote:
Originally Posted by Hombre Secreto View Post

This whole tax thing, and poor people is bullshit. If you worked in any of these blue collar jobs, you know damn well people are doing side jobs and not reporting it to the IRS. Happens all the time in construction. automotive repair... etc.

Yeah, fucking Sanders is going after the wrong people.


Quote:
Originally Posted by brokencycle View Post


Now I have a headache from reading that and still don't know what this person is actually advocating. Minimum wage isn't about how much you make, it's about quality of life. So if you're an utter fuck-up with gambling addiction or can't manage your money there's no way for your employer to know how much they might have to pay you to keep your ship afloat?

Also unclear on what the "seventh generation" means. Is that a thing?
post #4244 of 5129
Quote:
Originally Posted by lawyerdad View Post

Now I have a headache from reading that and still don't know what this person is actually advocating. Minimum wage isn't about how much you make, it's about quality of life. So if you're an utter fuck-up with gambling addiction or can't manage your money there's no way for your employer to know how much they might have to pay you to keep your ship afloat?

Also unclear on what the "seventh generation" means. Is that a thing?


Well, first she's factually incorrect.  More than half of minimum wage workers are below the age of 25, they also tend to be never married, and live in poor parts of the South.  Interestingly whites and blacks make up an equal percentage of minimum wage employees while hispanics and asians make up a lower percentage.

 

I think the seventh generation thing is probably a "our grandchildren type thing."  She's 30 or 31, so she's an old millennial or young x.

post #4245 of 5129
Isn't 7th generation a line of cleaning products?
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