General Discussion
In reply to the discussion: What Level of Wealth Do You Consider Evil? [View all]Manifestor_of_Light
(21,046 posts)You could have high income, low assets (if you spend it all),
low assets, high income (if you are working and making a lot of money and haven't bought a house or invested money in other things)
High income, low assets (using your assets to make money to live on, enough to pay the bills but you are not rich)
High income, high assets (both).
I would like to see some kind of breakdown of that. I am retired and have not been able to get a job for thirty years using my doctorate degree in law, because of the competition in the legal profession, and as I have aged, people get canned when they have experience and are too expensive, so they get replaced with younger and less competent people, or their jobs are just shipped out from under them, even legal jobs that require a native English speaker.
I also wonder about charities. People give money to charities just for a tax writeoff, and their money may not be spent properly on the point of the charity. I don't want to give money to a charity that doesn't use most of the money for helping people. In the past I have sent money to the Carter Center because of their emphasis on doing things to help cure people of easily cured parasitic diseases, watching elections to make sure they are fair, and stuff like that.