Posted by tecwrg on 6/12/2014 4:01:00 PM (view original):
I don't know about you guys, but other than serial numbers on the bills themselves, the money I make isn't numbered consecutively.
Still, it's asinine to make a blanket statement that a guy who makes $100k values the last dollar of his income differently than the guy who makes $50k. Different people have different needs based on all different factors, including where they live, their age, family status, etc. Only they can decide how much their money is worth to them.
burnsy, every once in a while you have moments of clarity where you'll say something that leads me to believe you have the capability of applying logic and common sense to a discussion. But inevitably, you eventually allow yourself to get sucked into BL's vortex of stupidity and become his lackey sidekick. It's sad.
You may not understand it or like it, but it's a fact. As your income grows, each dollar earned has a diminishing value.
Which is why we have tax brackets. And the brackets treat everyone the same.
The first $9,000 of taxable income in 2013 that Poor/Single/Childless/Steve earns is taxed at 10%. The first $9.000 of taxable income in 2013 that Millionaire/Single/Childless/Bill earns is taxed at 10%.They'd both pay 15% on the next chunk. And 25% on the chunk after that. And so on.
This isn't some concept that I or burnsy just made up. It's reality. I'm sorry that you and mike aren't able to understand it.
6/12/2014 4:31 PM (edited)