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I was commenting on how net worth estimates are done and who they are for. You are talking about a totally different subject. Ironically, if these net worth lis

I was commenting on how net worth estimates are done and who they are for. You are talking about a totally different subject. Ironically, if these net worth lists just serve the purpose of making your blood boil about inequality, even when the lists are wrong and way off, then you are actually part of the entertainment rationale of who these lists are for. The fact is that "Warren Buffett paying more in taxes than his secretary" is the first thing you think of, instead of say... Bob Smith, a random generic unassuming American heir of a random slave trader who invested the proceeds in trusts and private equity funds. If they don't have publicly traded wealth, then the lists will be filled with the wrong people and the wrong amounts.

JKCalhoun 5y ago
Warren Buffett and his secretary is in fact the first thing I thought to give an example of since I assume most people know the story. Though the wealthy have been increasing and amassing their fortunes more and more over the past decades while the rest of the world has been getting squeezed out my blood isn't boiling at all. Personally, I have been able to thread the needle and live more comfortably than my parents. I worry more about those whose blood is however boiling and likely to do something violent if the status quo continues. I wish that we could get some laws without loopholes, with teeth, to reign in the growing wealth disparity before we cross the Rubicon and it becomes too late.
- vmception 5y ago
  My current thoughts on the matter are that if nobody talks to them, then they won't know what laws to change. Really, the best I've seen lately is ProPublica talking about Roth IRAs, 20 years after one person used them a certain way successfully. It seems clear to me that I'll be able to make what I want dollar wise, and not be in the country when they do something violent or even move to seize assets. I'll probably play both sides, like how Thomas Jefferson allowed his mansion to be used by French Revolution rebels, and dipped back out to the US to bang his slaves. Squad goals, I mean not the slavery part, just recognizing who exactly our founding fathers and examples and role models are.

JKCalhoun 5y ago

Warren Buffett and his secretary is in fact the first thing I thought to give an example of since I assume most people know the story. Though the wealthy have been increasing and amassing their fortunes more and more over the past decades while the rest of the world has been getting squeezed out my blood isn't boiling at all. Personally, I have been able to thread the needle and live more comfortably than my parents. I worry more about those whose blood is however boiling and likely to do something violent if the status quo continues. I wish that we could get some laws without loopholes, with teeth, to reign in the growing wealth disparity before we cross the Rubicon and it becomes too late.

vmception 5y ago
My current thoughts on the matter are that if nobody talks to them, then they won't know what laws to change. Really, the best I've seen lately is ProPublica talking about Roth IRAs, 20 years after one person used them a certain way successfully. It seems clear to me that I'll be able to make what I want dollar wise, and not be in the country when they do something violent or even move to seize assets. I'll probably play both sides, like how Thomas Jefferson allowed his mansion to be used by French Revolution rebels, and dipped back out to the US to bang his slaves. Squad goals, I mean not the slavery part, just recognizing who exactly our founding fathers and examples and role models are.