top of page
Search

What pay meant?

  • syke36
  • Nov 14, 2021
  • 3 min read

MROTD: When the Democrats say they are going to make the "rich pay their fair share," they are blowing smoke up your a$$. How, exactly, do you think the rich get richer over generations? I"m talking past the part of outright theft, murder and other criminal activity that is the origin story of all captains of industry(and their families) in this country. You think they worked their fingers to the bone, saved up their pennies, and made a billion? You think Warren Buffett goes to the ATM every month to deposit his check or wait for the direct deposit to clear? Don't be stupid. They get rich(er) by investing, transferring equity and legally avoiding taxes.


I'm not rich and, honestly, that isn't my primary goal, but I understand the principle and I'll give you an example from my own life. I bought a house as a lowly teacher 15+ years ago. I got taxed to death by the government as an employee. Even so, I took whatever pennies were left over after essentials and paid off the house in just over 10 years. Of course that meant being near flawless in my personal life: no oow babies, no throwing money away chasing women, no arrests, etc. During the course of those 10 years the value of my house doubled to around 300K. So I borrowed 150K TAX FREE against my house at an extremely low interest rate(I think somewhere betweem 1 and 2%). People higher up on the food chain don't pay interest at all. Half of the money went to buying a bank repo'd home that I currently rent out. I split the other half between a gold brick and bitcoin when it was around 2 or 3K. Bit coin and gold are basically hedges against inflation and rooted in a fundamental distrust of the gov't run economy. As those prices go up, you're god-d@mned right to be worried about what's coming next. In any case, I did this about 4 or 5 years ago. And I don't sell sh!t. So what would the gov't see based on my tax records: a regular, broke a$$ teacher making broke a$$ teacher money. But what's happening to my net worth? It's steadily going up. So how would you tax me if I eventually become a member of the so-called elite because I have more than nothing which is too much in your estimation? Maybe you send someone over with a hammer and chisel to break off a gold nugget. That would be inefficient as well as dangerous. Maybe you increase my property taxes and capital gains tax. Ready for the problems with that? First, I told you I don't sell sh!t and, if you raise my property taxes, what tf do you think happens to the less well off people around me?


Granted, I'm just a minnow in ocean, financially speaking. Sexually speaking, I'm a blue whale in a puddle, but that's the topic for another post. My point is the rich employ people whose job it is to save the wealthy more than whatever their salary is. And this is in addition all the other advantages the rich get just for being rich. The mechanisms to make the rich "pay their fair share" don't even exist. It's just rhetoric to make you feel better about your miserable existence that your gov't (and the people who support it) is largely responsible for. When you say the rich should "pay their fair share," you are really asking for them to be made poor like the rest of us. The only way this is going to happen is through violent revolution.

 
 
 

Comments


Post: Blog2_Post

Subscribe Form

Thanks for submitting!

©2019 by Black Yoda Presents. Proudly created with Wix.com

bottom of page