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Author: PosFCF Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1968226  
Subject: Re: If all the 1%ers closed their doors Date: 10/10/2012 3:43 PM
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There's your problem. You think someone created the 1% out of some program. That's not so..

Sure it is, it's called Capitalism.

That's not so...and you'd be surprised how many people will change their mind about paying excessive taxes after they start pulling 90 hour work weeks to get where they are.

You'd be surprised at how many people are already working 80 and 90 hour weeks with no hope of getting anywhere close to 7 figures total earnings for their lifetime. I met one just yesterday when I took my 100 year old mother to the hospital. We used Valet parking and the young man has been working there for quite some time, very polite, remembers our names the whole bit. I got a chance to talk for a minute with him and he told me he also has a night job because he has a family with 6 kids.

I've never claimed that (most) of the 1%ers didn't earn it, I'm claiming that they are whining about a tax rate that is actually lower than when they started out and they worked hard knowing that the marginal dollars would be taxed higher. Now, even after a proposed raise in the tax rate they would still be paying less and they're crying and saying they'll close their businesses.

Again, LET THEM....we don't need whiners as an example of what "making it" in America looks like.

Poz
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