Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Does your paycheck come from the pocket of a rich person?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
arcane1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:21 PM
Original message
Poll question: Does your paycheck come from the pocket of a rich person?
Or do you get paid via a company's payroll?

The punditz love to blur the distinction, calling the rich "job creators" when those jobs are not actually being funded by the rich. I mean, the CEO of my employer is surely a millionaire, but the company doesn't hire based on his personal income tax rate. So here's an unscientific poll to see how many of us work for companies vs individuals.
Printer Friendly | Permalink |  | Top
sarge43 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:23 PM
Response to Original message
1. No The 99%.
You know, the people who pay taxes and I thank them.

Printer Friendly | Permalink |  | Top
 
Scuba Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:55 PM
Response to Reply #1
21. Bingo.
Printer Friendly | Permalink |  | Top
 
slackmaster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:24 PM
Response to Original message
2. Both are true. I work for a privately-owned holding company.
Edited on Thu Oct-27-11 05:33 PM by slackmaster
The money comes out of a payroll account, but that account and everything in it is owned by a family of very nice people who are far richer than I expect to ever be. I work in the IT department for their holding company, which fully owns several companies that were created by the family and employ about 150 people total. I work for rich people who have created many jobs. We are in a period of RAPID expansion, both growing the existing companies and venturing into new areas constantly.

:kick:

All "company payroll" accounts are in fact owned by someone - A sole proprietor, a family trust, a group of partners, or the shareholders of a corporation. Or in the case of about 8% of the workforce, a public entity such as the federal government, a state government, etc.
Printer Friendly | Permalink |  | Top
 
greyl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:25 PM
Response to Original message
3. Too late to add "own and run my own business" as an option? nt
Printer Friendly | Permalink |  | Top
 
slackmaster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:27 PM
Response to Reply #3
4. I think that automatically makes you one of the 1%
:spank:
Printer Friendly | Permalink |  | Top
 
Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:31 PM
Response to Reply #4
9. Oh don't I wish...
It's entirely possible, indeed usual, to own your own business and lose money rather than make it.


Printer Friendly | Permalink |  | Top
 
kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:03 PM
Response to Reply #9
24. Indeed. After 25 years of self-employment I am poorer than when I started,
as far as money in the bank. I DO now own my practice, but in THIS economy it's worth far less than I paid for it.

Life sucks, but I foolishly keep hanging in there......
Printer Friendly | Permalink |  | Top
 
enough Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:37 PM
Response to Reply #4
11. No it doesn't, not at all. My husband and I have run our own business all our
working life. NO WAY does that make us 1 percenters. Some years we have barely turned a profit. Other years we do okay, but never enough to get us anywhere near being rich by any definition.
Printer Friendly | Permalink |  | Top
 
slackmaster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:37 PM
Response to Reply #11
12. I was being sarcastic.
I have many friends who have run their own businesses. Most have struggled with it.
Printer Friendly | Permalink |  | Top
 
enough Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:11 PM
Response to Reply #12
29. Oh, sorry. I misinterpreted the icon. Got my dander up. (nt)
Printer Friendly | Permalink |  | Top
 
greyl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:49 PM
Response to Reply #4
18. Heheh, yeah, too those who don't pause to think for a second. :) nt
Printer Friendly | Permalink |  | Top
 
redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:50 PM
Response to Reply #4
19. oops... edit
Edited on Thu Oct-27-11 05:51 PM by redqueen
Just now saw that you were being sarcastic.

:blush:
Printer Friendly | Permalink |  | Top
 
jmowreader Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:09 PM
Response to Reply #4
28. Many small business people are poor as church mice
If you have a good idea, the ability to sell it to other people and a good line of credit, you too can own a business.

And if you are able to sell enough of it to people to pay your bills and have enough left over to eat, you can stay in business.
Printer Friendly | Permalink |  | Top
 
dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:32 PM
Response to Reply #3
10. ditto
so I went for other.
Printer Friendly | Permalink |  | Top
 
Uben Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:27 PM
Response to Original message
5. Other because.....
...I make my living leasing apartments. As far as I know, none of my tenants are what I would call rich, so I get my money from the middle-class mainly. The apts have been paid off for years, so no monies going to banks or big dogs.

Even before this, I have never worked for what I would call a wealthy person. Well off? Yeah. Rich? Not so much.
Printer Friendly | Permalink |  | Top
 
uppityperson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:29 PM
Response to Original message
6. Other.
Insurance companies for health care, or private pay by individuals. 2nd job is paid for with our tax dollars, medicaid health care.
Printer Friendly | Permalink |  | Top
 
Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:30 PM
Response to Original message
7. What is this "paycheck" of which you speak?
:shrug:
Printer Friendly | Permalink |  | Top
 
Blue_In_AK Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:31 PM
Response to Original message
8. Social security
Mostly comes from the people in the middle.
Printer Friendly | Permalink |  | Top
 
mucifer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:40 PM
Response to Original message
13. I'm lucky. I work for a small non profit hospice
Printer Friendly | Permalink |  | Top
 
ceile Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:41 PM
Response to Original message
14. Other.
My paycheck comes from those kind enough to donate to the non-profit I run.
Printer Friendly | Permalink |  | Top
 
slackmaster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:42 PM
Response to Reply #14
15. Do you ever get donations from people you regard as wealthy?
:hi:
Printer Friendly | Permalink |  | Top
 
ceile Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:55 PM
Response to Reply #15
20. Well....
not so much donations, but sponsorships at conferences from vendors. Personal donations- no.
Printer Friendly | Permalink |  | Top
 
yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:47 PM
Response to Original message
16. public employee, so my employers are legion--whoever pays a tax of any kind in CA
Printer Friendly | Permalink |  | Top
 
slackmaster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:48 PM
Response to Reply #16
17. I believe some taxes are earmarked in California
For example, the payroll tax for SUI/SDI premiums goes only for state disability and unemployment insurance.
Printer Friendly | Permalink |  | Top
 
kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:01 PM
Response to Original message
22. A. I don't get a "paycheck" per se. If there is money left after paying bills
I write myself a check.

B. I am not a "rich" person, lol, so....

C. My employees' paychecks don't come from a rich person either.

D. Few of my clients, from whence my money comes, are even remotely "rich". Mostly middle class in declining circumstances.
Printer Friendly | Permalink |  | Top
 
hughee99 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:03 PM
Response to Original message
23. The founder of my company
did not grow up wealthy, and with "rich investors" started the company a few decades ago. I get paid via company payroll, but without some rich person at the beginning, the fortune 500 company I work for wouldn't have a payroll.
Printer Friendly | Permalink |  | Top
 
Cal Carpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:04 PM
Response to Original message
25. What a backwards question
I understand this isn't the point of your poll, but my answer is that the value of most people's labor is stolen from that worker and put in the pocket of a rich person. The workers barely make enough to get by, and in many cases they don't even get that.

Where do the super-rich get their money? Off the backs of the working class.

Again, I understand why your question is worded the way it is, but I think it would behoove us to frame questions like this from the other direction.
Printer Friendly | Permalink |  | Top
 
jmowreader Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:53 PM
Response to Reply #25
30. Be nice.
The point of his poll was to defuse the "job creator" meme. You know how it is: we're not allowed to tax rich people because The Rich are Job Creators, and if we tax them they won't create jobs.

The truth is, rich people do NOT create jobs. Corporations create jobs--and the bigger the corporation is, the more jobs it can create.

We can do one of three things in this country, when it comes to taxes and jobs.

We can leave taxes on the rich the way they are, and employment will remain where it is.

We can lower taxes on the rich, in hopes they create jobs with the savings. Rich people didn't GET rich by spending money they didn't have to; if no one buys more of the rich people's products, eats more meals in the rich people's restaurants or buys more things from the rich people's stores, the rich will not have to hire workers to meet the increased demand.

Or we can raise taxes on the rich and spend the money on public works projects. The reason government spending works when nothing else does, is the government spends a lot of money and they spend it in the private sector. They either hire companies to do things for We the People, or they buy materials for government employees to use when they do things for We the People. (If they hire companies to do the work, those companies have to buy materials, and usually from the place the government would have bought them from.) If this happens, everyone benefits: We the People get to use the thing the government bought, the company that sells the materials makes money, the contractor doing the work makes money, the employees of those two companies make money, the stores those employees spend their money in make money, and the rich people that own the companies make money.

Tell me something, lurking teabaggers: if the tax money the government takes in just evaporates, like y'all seem to think it does, why are there tens of thousands of companies in this great land of ours that were chartered specifically to do business exclusively with the government?
Printer Friendly | Permalink |  | Top
 
Coyote_Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:05 PM
Response to Original message
26. Paycheck?
What the fuck is a paycheck?
Printer Friendly | Permalink |  | Top
 
WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:06 PM
Response to Original message
27. State And Federal Taxes... So My Pay Comes From The 99%
:shrug:

:hi:
Printer Friendly | Permalink |  | Top
 
JI7 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:57 PM
Response to Original message
31. a wealthy person has never given me a job , i hire people sometimes and 'm poor
if i can get a good/ok job i could offer more regular hours and maybe more than 1 person. this is what i'm trying to work towards.
Printer Friendly | Permalink |  | Top
 
saras Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:13 PM
Response to Original message
32. They all come from productive labor, no matter who handles them in between
More of my pay has come from directly working for poor or middle-income people than working for the wealthy, by far. Between that, a self-sufficient nonprofit, and a few corporations and government entities. Only one rich guy involved (a remodel), and he was just consuming family money. For a while I did some construction work for some people who thought they were rich, but they were mostly wrong.
Printer Friendly | Permalink |  | Top
 
TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:17 PM
Response to Original message
33. Payroll, the money to fund it comes from wealth, the poor, government, and any number of sources
Pretty much could be anybody.
Printer Friendly | Permalink |  | Top
 
Nikia Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 08:46 PM
Response to Original message
34. I work for a family owned company
I think that they came from a middle class family and that they were poor in the early years of the business. I am not sure how rich they are now. The founder and his wife live in a relatively small house although I hear it is nice on the inside. The wife complains about being poor, but I don't think that they are poor like their production workers are. They would be very wealthy if they sold the company but I don't think that will happen as long as the founder lives.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 26th 2024, 12:42 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC