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Old 03-28-2007, 08:25 PM
AlexM AlexM is offline
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Join Date: Dec 2003
Location: Imaginationland
Posts: 5,200
Default Re: Why \"x% of people have y% of the wealth\" is irrelevant.

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To repeat what I said:

"Everyone in this one (that works) can afford a car and a home unless they choose to waste their money on other things."

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Oh I see, not letting your children starve is "wasting your money on other things".

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Let's say that I pull in $1 million dollars a year. This would make me wealthy by anyone's standards. Now, let's say I'm paying $300k a year in taxes cause I'm good with loopholes and so I only have $700k. Now, let's say I go out and irresponsibly father 150 kids. The courts rule that I have to pay out $5000 per year in child support per kid, leaving me making -$50,000 per year. Whose fault is it that I'm now poor? How much sympathy do you really have for me?
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