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  #1  
Old 05-29-2015, 05:39 PM
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Join Date: Jan 2012
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Quote:
Originally Posted by Txjake View Post
Yeah that $3000 car puts me in the 1%

I never said you were in the 1% or even rich according to some elevated level. And I was not referring to driving a MB as you also have a Datsun Z car from what I recall.

I said that a person living below the poverty line is going to consider everyone above them including you "rich". A 3K car to someone that can't afford a bicycle might as well be a 770 Mil boat. It is a matter of perspective.

And before someone says to add a luxury tax to punish those evil rich, this has been done before in the US ( and England from what I recall ). The "rich" stopped buying things and Joe lunch box got laid off at the shipyard / RV factory / aircraft plant as a result.

If you want to punish the rich because they paid $ 50 K for a new kitchen, you better punish 10 Joe lunch boxes when they pay $ 5 K each as both groups generated jobs for other Joe lunch boxes.
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  #2  
Old 05-29-2015, 11:07 PM
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Quote:
Originally Posted by 97 SL320 View Post
I never said you were in the 1% or even rich according to some elevated level. And I was not referring to driving a MB as you also have a Datsun Z car from what I recall.

I said that a person living below the poverty line is going to consider everyone above them including you "rich". A 3K car to someone that can't afford a bicycle might as well be a 770 Mil boat. It is a matter of perspective.

And before someone says to add a luxury tax to punish those evil rich, this has been done before in the US ( and England from what I recall ). The "rich" stopped buying things and Joe lunch box got laid off at the shipyard / RV factory / aircraft plant as a result.

If you want to punish the rich because they paid $ 50 K for a new kitchen, you better punish 10 Joe lunch boxes when they pay $ 5 K each as both groups generated jobs for other Joe lunch boxes.
I wonder what % of Merkin jobs are making luxury goods?
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  #3  
Old 05-30-2015, 12:44 PM
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Join Date: Oct 2012
Posts: 5,923
I can perhaps afford a piece of that floating castle. Maybe the bow cleat.

Actually even if they just gave it to me I could not afford the general upkeep mind fuel. Imagine the yearly insurance premium alone? Probably more than the net worth of the wife and myself .Actually not a probability it is a certainty.

It is all relevant at the same time though. If you make ten million a day you can somehow manage to get by I suppose.

Now if they are just fishing for offers I have a spare hundred or so in my wallet this weekend.
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