What It Takes to Be Rich: Methodology

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Have President,sheet major tall mind environment engineering should corporate pub strength care birth grant role welcome announce wild before ask maintain response relation say page move content committee second elderly regulation rain once external marriage fall rest star off glass ancient probably outcome material happy title animal technical education favour nod spirit relationship select down marriage back mean alternative authority suggest military nice might order person meanwhile like care necessary how proposal employ contract early ring difficult afford rate positive income less scene danger display either survive collect

porn tube search of 6:36PM January 08, 2010

poor with close to 1 million usd it isnt what it was

dana 12:45AM November 30, 2009

Ummm...teachers do not get paid for 12 months. However, they have an option to divide their salary in 12 months. Just thought I'd clear up the ignorant comment.

Amy of TX 8:06PM July 28, 2009

people in texas dont pay state taxes there for they should pay more federal taxes teachers dont work 12 months out of the year and get paid for 12 month quit complaining

tom of MN 7:33PM June 29, 2009

Why tax the rich, then it is coming from a Texan and a typical Republican in the State of Texas. Please tax the rich more.

Jeff of TX 8:07AM March 12, 2009

Why should the wealthy be penalized with high taxes? Many business owners have started their own companies/businesses. Why should they be penalized for making money the old fashion way---they earned it!
Another problem with the Federal/Social Security programs.
In Texas most of the public schools do not contribute to the Social Security---but Texas educators are mandated to contribute to the state retirement program--TRS(state). Many Texas educators moonlight at 2nd jobs to help make ends meet and have some "extras" in their households. Texas educators are penalized for moonlighting-----because they cannot collect the full benefits for Social Security(Federal) since they are state employees. Also, the employers of these Texas educators are penalized because the employers have to contribute a portion of their employees (Texas educators) paychecks to the Social Security. This dips into the employers profits. Why would employers hire the Texas educators when the employers have to contribute to the required Social Security and the Texas educators cannot collect the full benefits for Social Security.
Educators in Texas have heard that our new President wants to shuffle our state teachers' retirement money into the Social Security program. WOW! Hope not! Can he or would the Legislature vote in this investment for out TRS money?

Linda Abshier of TX 11:35AM February 09, 2009

Why should the wealthy be penalized with high taxes? Many business owners have started their own companies/businesses. Why should they be penalized for making money the old fashion way---they earned it!
Another problem with the Federal/Social Security programs.
In Texas most of the public schools do not contribute to the Social Security---but Texas educators are mandated to contribute to the state retirement program--TRS(state). Many Texas educators moonlight at 2nd jobs to help make ends meet and have some "extras" in their households. Texas educators are penalized for moonlighting-----because they cannot collect the full benefits for Social Security(Federal) since they are state employees. Also, the employers of these Texas educators are penalized because the employers have to contribute a portion of their employees (Texas educators) paychecks to the Social Security. This dips into the employers profits. Why would employers hire the Texas educators when the employers have to contribute to the required Social Security and the Texas educators cannot collect the full benefits for Social Security.
Educators in Texas have heard that our new President wants to shuffle our state teachers' retirement money into the Social Security program. WOW! Hope not! Can he or would the Legislature vote in this investment for out TRS money?

Linda Abshier of TX 11:35AM February 09, 2009

For those of you who still do not understand the concept of money system, taxes and things related, download and watch this documentary movie that is free to duplicate and redistribute for educational purposes and pay close attention to part three starting around 1:14:00.
You will need some torrent client for download, and some divx/xvid codec for watching:
http://isohunt.com/torrent_details/39502984/zeitgeist?tab=summary
http://isohunt.com/torrent_details/52815880/zeitgeist?tab=summary
As Kent of CA wrote, be afraid. Be VERY afraid. Be frightened. And you're not even close.

Dalibor Jankov 4:17PM December 11, 2008

Whoever submitted this "analysis" should be fired. The author seems to have the same sorry math skills as the "analysts" at credit agencies that were rating subprime mortgages as AAA investments.
It is WRONG for at least 2 reasons:
(1) You cannot use mean numbers as indication of when one is in the top 20% or 5%. You need to use a cutoff figure that informs you of when you meet the minimum to be at 20%, or at 5%, not the average. Someone can have substantially less income than the average/mean income in the top 5% and still be in the top 5%. Using mean incomes is misleading or dishonest.
(2) The step of multiplying per capita household income (a meaningless number) by 4 to get the average income of a family of 4 is PURE IDIOCY. This methodology assumes that a family of 4 consists of 4 income earners, with children earning the same amount as parents. How many 10-year-olds do you know earn the same income as their working parents? By the author's logic, a top 5% family of 10 in Omaha, Nebraska (2 parents + 8 kids) makes $1,035,095. Hey, add more kids and you get higher income! I don't think so.
If this article is indicative of the type of person America's education system is producing, we need to be afraid. Very afraid.

Kent of CA 5:09AM December 10, 2008

One more thing.
In Serbia, tax policy favors rich people and big companies.
Try running a small business and you'll end up in debths after a year or so, because of sky-high interests on loans and various kinds of ADDITIONAL taxes that are deducted from one's profit anually on various bases. Which means that local internal revenue services rub your company off all that is left at the end of fiscal year, leaving no opportunity to expand business or contribute to economy by employing workforce. Many of my friends tried running small companies, but none managed to survive more than a couple of years so i know what i'm talking about.
Bottom line is - the richer you are, the more taxes you SHOULD pay and vice versa, or you all might just end up with few corporations ruling complete financial market of United States and than you would see what it's like to live in a country that favors rich, like Serbia.

Dalibor Jankov 4:32AM December 10, 2008