NWS Pics that make you :lol: every time you see them NWS

jenkins_1120

Well-Known Member
Established Member
Joined
Sep 22, 2011
Messages
2,002
Location
Melbourne, FL
fcceaa2a3205720588e07f8fb4ba21a7.jpg
 

oldmodman

Well-Known Member
Established Member
Joined
Jun 27, 2003
Messages
16,543
Location
West Los Angeles
I wish someone would make one of these neato muticolored charts that list actual cash values instead of just naming something according to some never specified standard.

How many dollars do I need to be considered in the top 20%. The top 10%. The top 5%. And the ultimate buck up group.

I can't gloat unless I have the numbers to back my obnoxiousness up.
 

Russo

Unofficial Glass Tech
Established Member
Joined
Jul 20, 2015
Messages
652
Location
Gray, LA
I wish someone would make one of these neato muticolored charts that list actual cash values instead of just naming something according to some never specified standard.

How many dollars do I need to be considered in the top 20%. The top 10%. The top 5%. And the ultimate buck up group.

I can't gloat unless I have the numbers to back my obnoxiousness up.

for 30+ years since we had a "War on Poverty" the Left have had no answer that impowers the bottom 20% to make themselves better other than to confiscate it from the 80%.. look up those old Milton Freidman and Thomas Sowell videos on youtube..
 

Imatk

Well-Known Member
Established Member
Joined
Aug 21, 2008
Messages
2,306
Location
Texas
Those political comments are REALLY funny... please feel free to go elsewhere and talk until you're blue in the face to NOT convince anyone of your point of view.... most inane waste of energy on earth.

So back to funny stuff.... or an attempt at it... here's a dude getting a flap dance!

FlapDance.jpg
 

wheelspin

Member
Established Member
Joined
Nov 17, 2000
Messages
400
Location
Winona, MN
Sorry, I don't want to continue the politics... and there are none intended here.

I just wanted to answer oldmodman: (It's also interesting, if not funny...)taxes.JPG
 

mnewxcv

Well-Known Member
Established Member
Joined
Sep 19, 2005
Messages
2,537
Location
Mashpee, MA
Holy shit those are some narrow ass margins. Seriously $464,682 puts you in the top 1%? That really isn't a lot.

I guess. It's the same as saying 99% of people make less than $464,682. Which, if you grab a hundred people nearby, 1 of them will make that much or more. I don't know how the jobs in Denver are, but that seems pretty reasonable to me.
 

stkjock

Corn Powered 900 HP!
Established Member
Joined
Jan 25, 2010
Messages
5,129
Location
NY
Sorry, I don't want to continue the politics... and there are none intended here.

I just wanted to answer oldmodman: (It's also interesting, if not funny...)View attachment 53034

his question was about wealth - not income

Holy shit those are some narrow ass margins. Seriously $464,682 puts you in the top 1%? That really isn't a lot.

Keep in mind that is AGI - gross could be 100K or more above that. Depending on how good your accountant is :)
 

wheelspin

Member
Established Member
Joined
Nov 17, 2000
Messages
400
Location
Winona, MN
The key difference is a lot of politicians are quoting wealth, and some are quoting income. This is income.
That is a very key difference. You can be very, very, wealthy, and have very little actual income... Warren Buffett is worth something on the order of $74 billion for example, and his salary has been $100,000 for the past 25 years. But capital gains are another matter entirely for him. He gets $8-10 million a year or so in stock options and benefits. And the appreciation of his shares in Berkshire Hathaway is where all of his $74 billion came from of course. $100k vs millions vs billions depending on how you view it.


One way or the other, politicians are *always* steering the conversation by skewing how they talk about the data to accomplish their goals\ideology.


Anyway, when looking at it from a net worth consideration, it looks like this:
Capture.JPG
 
Last edited:

wheelspin

Member
Established Member
Joined
Nov 17, 2000
Messages
400
Location
Winona, MN
You need $100,000,000 to crack the top 0.01%. I read recently that it isn't the top 20%, the top 10%, or even the top 1% that skews the net worth wealth inequality charts in the manner that has generated all of the discussion lately in politics.
The bottom 99% hasn't radically changed in it's distribution of the "pie" if you will. They are roughly divided in similar percentages to what they have historically been for much of the last century.

It's the 0.01 percenters that are radically skewing the graphs. The top 16,000 families own as much in net worth as the bottom 2/3s of the country. Much of that disparancy has come recently, since the market crash. While most of the rest of the pie chart has stagnated or even lost some ground, the top .01% has done very, very, well from a net worth growth standpoint.

Anyway, enough serious type crap outta me. Show me the funny. :)
 

Users who are viewing this thread



Top