General Discussion
In reply to the discussion: I just finished my Federal taxes for 2012 ..... [View all]hfojvt
(37,573 posts)And looking down at a working person?
If he gets his money because he puts time and effort in, then he works for it. If he doesn't have to put any time or effort in, then they are not working for it.
Past work does not count. Imagine that I work at a job that pays $180,000 a year for a decade and that I save $80,000 a year. Now after ten years, I have $900,000 in the bank. In the good old days, I could easily get 6% interest on a mere CD and thus would have an interest income (in this example) of $54,000.
That is money that I would make - without working. Now, there is no question that I earned that $900,000, but the fact that I earned it does not change the fact that I now have $54,000 in income that I am not working for.
And Unions or not, this economy does not have enough money to give everybody a six figure income, especially one they get for not working. http://www.democraticunderground.com/?com=view_post&forum=1002&pid=732414
And the more people with six figure incomes think "I am not rich" then it seems the less likely they are to sympathize and/or share with those who make much less, like those of us in the bottom 50%.