The rot started to set in over 500 years ago, but the wealth gap is wider now than it has ever been.
What do each of US feel about Wealth Inequality.
- Thread starter BZN
- Start date
Plus, hugely reduced total cost and build time.
I believe a multi storey one has already been completed successfully.
Greed on display and on the move...disgusting.
I once knew a man who owned a butcher shop 🎶🎼🎵oops sorry wrong tune.
I once knew of a man who was a professional on the futures market at the Stock exchange.
He and his wife owned a 17 million$$$ house overlooking Sydney Harbour.
@Tito Santana, he would never have hammered a nail in his life.
But as we know, money can't buy you love, his wife left him.
Rock Hopper Steve
Well-known member
Well yes the population is much bigger now so the divide grows.
But how do you measure who's better off, with the pursuit of wealth usually causes more stress then health problems.
Is it not better to be content living comfortably with no worries and be happy.
For all those people who are doing it tough I feel for them not everone can make the right choices through life that benefit financially.
To be young these days is so much harder than when we were, not just how difficult in future it will be to provide happiness but the pressure of social media.
You will need your head screwed on to prevent anxiety.
LeichhardtTiger
Well-known member
Suppose that once a week, ten Weststigers fans go out for beer at the Wests Ashfield Leagues Club and the bill for all ten comes to $100.
If they paid their bill the way we pay our taxes, it would go something like this:
The first four fans (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
And the tenth fan (the richest) would pay $59.
So, that’s what they decided to do.
The ten fans drank in the bar every week and seemed quite happy with the arrangement until, one day, the General Manager caused them a little problem. “Since you are all such good customers & supporters of the mighty Weststigers,” he said, “I’m going to reduce the cost of your weekly beer by $20.”
Drinks for the ten fans would now cost just $80.
The group still wanted to pay their bill the way we pay our taxes.
So the first four fans were unaffected. They would still drink for free but what about the other six fans?
The paying customers? How could they divide the $20 windfall so that everyone would get their fair share?
They realised that $20 divided by six is $3.33, but if they subtracted that from everybody’s share then not only would the first four fans still be drinking for free, but the fifth and sixth fan would each end up being paid to drink their beer! So, the General Manager suggested that it would be fairer to reduce each fan’s bill by a higher percentage. They decided to follow the principle of the tax system they had been using and he proceeded to work out the amounts that each should now pay.
And so, the fifth fan, like the first four, now paid nothing (a 100% saving). The sixth fan now paid $2 instead of $3 (a 33% saving). The seventh fan now paid $5 instead of $7 (a 28% saving). The eighth fan now paid $9 instead of $12 (a 25% saving). The ninth fan now paid $14 instead of $18 (a 22% saving). And the tenth fan now paid $49 instead of $59 (a 16% saving).
Each of the last six was better off than before with the first four continuing to drink for free.
But once outside the bar, the fans began to compare their savings. “I only got $1 out of the $20 saving,” declared the sixth fan. He pointed to the tenth man, “but he got a $10 saving!“ “Yeah, that’s right,” exclaimed the fifth fan. “I only saved a $1 too. It’s unfair that he got ten times more benefit than me!” “That’s true!” shouted the seventh fan. “Why should he get $10 back, when I only got $2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four fans in unison, “we didn’t get anything at all. This new tax system exploits the poor!”
The nine fans surrounded the tenth and beat him up!
The next week the tenth fan didn’t show up for drinks, so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important – they didn’t have enough money between all of them to pay for even half of the bill!
And that’s how it works.
Tax them too much, attack them for being wealthy and they just might not show up anymore.
In fact, they might start drinking overseas, where the atmosphere is somewhat friendlier. For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.
Or as The World Economic Forum (WEF) would have you believe - After The Great Reset - You will own nothing and you will be happy!"
For those of you spruiking some kinda kumbaya socialist BS - why not choof off to China right now. Show me a Nation under totalitarian control that benefits its people and I'll show the body count of Mao, Stalin, Pol Pot, Idi Amin etc.
Finally - Before I retired a few years ago I was training International Students who had graduated from OZ Unis with Accounting Degrees. As part of their attempt to gain PR (Permanent Residency) the CPA & other Accounting Associations set up a scheme for the Immigration Dept to provide them with Visa points towards their PR. So I taught them Australian Business Practices over a 20 week program.
The majority were Chinese with 1 in 20 Indian students.
I asked the Chinese Students one day (following the Scandal over the Chinese Billionaire who was handing out cash in ALDI bags to Australian Labor politicians such as Sam Dastyari, how does one become a Billionaire in Communist China? Now, before anyone answered with the classic Orwellian line: "All Animals are equal, but some are more equal than others", the bell went and we broke up for the day.
And finally (part 2), before some wag says that the "richest" fan, the 10th of the group, benefited by writing his cost off as a business expense tax deduction cos he was a Holmes Barnes Group Board Member, I remind you all of the great Kerry Packer when grilled at the infamous Senate Estimates hearing when he told those unelected swill that of course he minimised his taxes given that he didn't think they spent the money wisely in the first place. Remind me again how many more millions Albo is gifting that arch grifter from the Ukraine whilst Australians are still living in their cars? Well, at least Albo has that in common, avoiding scrutiny for his sponging on taxpayers "How would I know? I was in da car!" And that is how Scum rises to the top folks.
www.abc.net.au
If they paid their bill the way we pay our taxes, it would go something like this:
The first four fans (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
And the tenth fan (the richest) would pay $59.
So, that’s what they decided to do.
The ten fans drank in the bar every week and seemed quite happy with the arrangement until, one day, the General Manager caused them a little problem. “Since you are all such good customers & supporters of the mighty Weststigers,” he said, “I’m going to reduce the cost of your weekly beer by $20.”
Drinks for the ten fans would now cost just $80.
The group still wanted to pay their bill the way we pay our taxes.
So the first four fans were unaffected. They would still drink for free but what about the other six fans?
The paying customers? How could they divide the $20 windfall so that everyone would get their fair share?
They realised that $20 divided by six is $3.33, but if they subtracted that from everybody’s share then not only would the first four fans still be drinking for free, but the fifth and sixth fan would each end up being paid to drink their beer! So, the General Manager suggested that it would be fairer to reduce each fan’s bill by a higher percentage. They decided to follow the principle of the tax system they had been using and he proceeded to work out the amounts that each should now pay.
And so, the fifth fan, like the first four, now paid nothing (a 100% saving). The sixth fan now paid $2 instead of $3 (a 33% saving). The seventh fan now paid $5 instead of $7 (a 28% saving). The eighth fan now paid $9 instead of $12 (a 25% saving). The ninth fan now paid $14 instead of $18 (a 22% saving). And the tenth fan now paid $49 instead of $59 (a 16% saving).
Each of the last six was better off than before with the first four continuing to drink for free.
But once outside the bar, the fans began to compare their savings. “I only got $1 out of the $20 saving,” declared the sixth fan. He pointed to the tenth man, “but he got a $10 saving!“ “Yeah, that’s right,” exclaimed the fifth fan. “I only saved a $1 too. It’s unfair that he got ten times more benefit than me!” “That’s true!” shouted the seventh fan. “Why should he get $10 back, when I only got $2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four fans in unison, “we didn’t get anything at all. This new tax system exploits the poor!”
The nine fans surrounded the tenth and beat him up!
The next week the tenth fan didn’t show up for drinks, so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important – they didn’t have enough money between all of them to pay for even half of the bill!
And that’s how it works.
Tax them too much, attack them for being wealthy and they just might not show up anymore.
In fact, they might start drinking overseas, where the atmosphere is somewhat friendlier. For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.
Or as The World Economic Forum (WEF) would have you believe - After The Great Reset - You will own nothing and you will be happy!"
For those of you spruiking some kinda kumbaya socialist BS - why not choof off to China right now. Show me a Nation under totalitarian control that benefits its people and I'll show the body count of Mao, Stalin, Pol Pot, Idi Amin etc.
Finally - Before I retired a few years ago I was training International Students who had graduated from OZ Unis with Accounting Degrees. As part of their attempt to gain PR (Permanent Residency) the CPA & other Accounting Associations set up a scheme for the Immigration Dept to provide them with Visa points towards their PR. So I taught them Australian Business Practices over a 20 week program.
The majority were Chinese with 1 in 20 Indian students.
I asked the Chinese Students one day (following the Scandal over the Chinese Billionaire who was handing out cash in ALDI bags to Australian Labor politicians such as Sam Dastyari, how does one become a Billionaire in Communist China? Now, before anyone answered with the classic Orwellian line: "All Animals are equal, but some are more equal than others", the bell went and we broke up for the day.
And finally (part 2), before some wag says that the "richest" fan, the 10th of the group, benefited by writing his cost off as a business expense tax deduction cos he was a Holmes Barnes Group Board Member, I remind you all of the great Kerry Packer when grilled at the infamous Senate Estimates hearing when he told those unelected swill that of course he minimised his taxes given that he didn't think they spent the money wisely in the first place. Remind me again how many more millions Albo is gifting that arch grifter from the Ukraine whilst Australians are still living in their cars? Well, at least Albo has that in common, avoiding scrutiny for his sponging on taxpayers "How would I know? I was in da car!" And that is how Scum rises to the top folks.
Aldi shopping bag filled with cash delivered to Labor HQ, ICAC hears
A senior Labor staffer tells an ICAC hearing he was asked to count "a lot of money" that arrived at the party's Sussex Street headquarters in an Aldi shopping bag, and take it home to keep it safe.
www.abc.net.au
Tom Shines
Well-known member
Suppose that once a week, ten Weststigers fans go out for beer at the Wests Ashfield Leagues Club and the bill for all ten comes to $100.
If they paid their bill the way we pay our taxes, it would go something like this:
The first four fans (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
And the tenth fan (the richest) would pay $59.
So, that’s what they decided to do.
The ten fans drank in the bar every week and seemed quite happy with the arrangement until, one day, the General Manager caused them a little problem. “Since you are all such good customers & supporters of the mighty Weststigers,” he said, “I’m going to reduce the cost of your weekly beer by $20.”
Drinks for the ten fans would now cost just $80.
The group still wanted to pay their bill the way we pay our taxes.
So the first four fans were unaffected. They would still drink for free but what about the other six fans?
The paying customers? How could they divide the $20 windfall so that everyone would get their fair share?
They realised that $20 divided by six is $3.33, but if they subtracted that from everybody’s share then not only would the first four fans still be drinking for free, but the fifth and sixth fan would each end up being paid to drink their beer! So, the General Manager suggested that it would be fairer to reduce each fan’s bill by a higher percentage. They decided to follow the principle of the tax system they had been using and he proceeded to work out the amounts that each should now pay.
And so, the fifth fan, like the first four, now paid nothing (a 100% saving). The sixth fan now paid $2 instead of $3 (a 33% saving). The seventh fan now paid $5 instead of $7 (a 28% saving). The eighth fan now paid $9 instead of $12 (a 25% saving). The ninth fan now paid $14 instead of $18 (a 22% saving). And the tenth fan now paid $49 instead of $59 (a 16% saving).
Each of the last six was better off than before with the first four continuing to drink for free.
But once outside the bar, the fans began to compare their savings. “I only got $1 out of the $20 saving,” declared the sixth fan. He pointed to the tenth man, “but he got a $10 saving!“ “Yeah, that’s right,” exclaimed the fifth fan. “I only saved a $1 too. It’s unfair that he got ten times more benefit than me!” “That’s true!” shouted the seventh fan. “Why should he get $10 back, when I only got $2? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four fans in unison, “we didn’t get anything at all. This new tax system exploits the poor!”
The nine fans surrounded the tenth and beat him up!
The next week the tenth fan didn’t show up for drinks, so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important – they didn’t have enough money between all of them to pay for even half of the bill!
And that’s how it works.
Tax them too much, attack them for being wealthy and they just might not show up anymore.
In fact, they might start drinking overseas, where the atmosphere is somewhat friendlier. For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.
Or as The World Economic Forum (WEF) would have you believe - After The Great Reset - You will own nothing and you will be happy!"
For those of you spruiking some kinda kumbaya socialist BS - why not choof off to China right now. Show me a Nation under totalitarian control that benefits its people and I'll show the body count of Mao, Stalin, Pol Pot, Idi Amin etc.
Finally - Before I retired a few years ago I was training International Students who had graduated from OZ Unis with Accounting Degrees. As part of their attempt to gain PR (Permanent Residency) the CPA & other Accounting Associations set up a scheme for the Immigration Dept to provide them with Visa points towards their PR. So I taught them Australian Business Practices over a 20 week program.
The majority were Chinese with 1 in 20 Indian students.
I asked the Chinese Students one day (following the Scandal over the Chinese Billionaire who was handing out cash in ALDI bags to Australian Labor politicians such as Sam Dastyari, how does one become a Billionaire in Communist China? Now, before anyone answered with the classic Orwellian line: "All Animals are equal, but some are more equal than others", the bell went and we broke up for the day.
And finally (part 2), before some wag says that the "richest" fan, the 10th of the group, benefited by writing his cost off as a business expense tax deduction cos he was a Holmes Barnes Group Board Member, I remind you all of the great Kerry Packer when grilled at the infamous Senate Estimates hearing when he told those unelected swill that of course he minimised his taxes given that he didn't think they spent the money wisely in the first place. Remind me again how many more millions Albo is gifting that arch grifter from the Ukraine whilst Australians are still living in their cars? Well, at least Albo has that in common, avoiding scrutiny for his sponging on taxpayers "How would I know? I was in da car!" And that is how Scum rises to the top folks.
Aldi shopping bag filled with cash delivered to Labor HQ, ICAC hears
A senior Labor staffer tells an ICAC hearing he was asked to count "a lot of money" that arrived at the party's Sussex Street headquarters in an Aldi shopping bag, and take it home to keep it safe.
The problem is that sometimes one of the four drinking for free is the wealthiest person there….even wealthier than the guy who pays $59 because that guy is working for someone else and is PAYE
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