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What is "Rich"

Discussion in 'Political Debate & Discussion' started by Salty, Feb 28, 2009.

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  1. $50,000

    0 vote(s)
    0.0%
  2. $100,000

    1 vote(s)
    4.0%
  3. $150,000

    3 vote(s)
    12.0%
  4. $200,000

    2 vote(s)
    8.0%
  5. $300,000

    3 vote(s)
    12.0%
  6. $500,000

    4 vote(s)
    16.0%
  7. $750,000

    1 vote(s)
    4.0%
  8. $1,000,000

    4 vote(s)
    16.0%
  9. $2,500,000

    1 vote(s)
    4.0%
  10. Other

    6 vote(s)
    24.0%
  1. Salty

    Salty 20,000 Posts Club
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    What do you consider the bar to be considered "rich"

    Does it just include $ in the bank, value of home, ect?
     
  2. ktn4eg

    ktn4eg New Member

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    IMHO, there's a lot more to being "rich" than having money in the bank.

    I may be poor in terms of my bank account, but I'm a child of the King and a joint heir with Jesus Christ! Talk about being rich.............!!

    Does it get any better than that!! :godisgood:
     
  3. Steven2006

    Steven2006 New Member

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    If we are speaking strictly about monetary riches. Then the only accurate way one can gauge it is net worth not income.
     
  4. puros_bran

    puros_bran New Member

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    On the USA scale its hard to say just what 'rich' is....

    On the global scale I'd say any of us in a position to afford the PC , electricity, and internet connection to take the poll is pretty wealthy.
     
  5. billwald

    billwald New Member

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    10 times median pay is a good starting place for "rich." Boggles my mind that working class people would worry about the taxes on people spending 100 or 1000 median pay every year.
     
  6. JustChristian

    JustChristian New Member

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    I'm not sure I understand. Less fortunate people would like for "rich" people to pay their fair share of the taxes to provide government services like police, fire, military, Social Security, Medicare, etc.
     
  7. canadyjd

    canadyjd Active Member

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    What is fair? Exactly why is it "fair" for somone making 1 million to have 40% of their income confiscated, while someone making 35K pays nothing?

    How is it fair for anyone to pay a higher % of income taxes than someone else?

    Saying "they have the money" or "it hurts them less" are ways to rationalize what is obviously unfair.

    peace to you:praying:
     
  8. Ed Edwards

    Ed Edwards <img src=/Ed.gif>

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    'rich' is communicating via the internet.

    All who read this message are RICH.
     
  9. StefanM

    StefanM Well-Known Member
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    I didn't really know how to answer this. Someone who makes 150,000 may not be "rich" by some people's standards, but he or she is very well off.
     
  10. StefanM

    StefanM Well-Known Member
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    Fairness is illusory. Consistency is what matters. Everyone with the same level of income in the same life situation pays the same tax rate.
     
  11. LeBuick

    LeBuick New Member

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    I consider rich as a state of self-sustaining living. If you can live the rest of your days with no job or dependence of money from others then I call you rich. This accounts for the fact a hermit can be rich and yet dirt poor. It's the difference between working because you must work and working cuz you have nothing better to do.
     
  12. BigBossman

    BigBossman New Member

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    I consider a person who makes at least $1,000,000 a year or more rich. However, If I made $50,000 or more a year, that would be more than enough to get me by.
     
  13. Revmitchell

    Revmitchell Well-Known Member
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    For conservatives rich is pretty conistent at 1,000,000.00. But for libbies it moves around a lot according to how much tax money they want. Yesterdays 250,000.00 is todays 80,000.00.
     
  14. JustChristian

    JustChristian New Member

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    Actually, this depends to a large extent on where you live.
     
  15. Palatka51

    Palatka51 New Member

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    Rich is the ability to live comfortably without having to work for an extended period of time. I was out of work for 10 months while having to recover from foot surgery. It stretched my personal resources to the point that I realized that personal wealth is not in material things and possessions but in number of loving relatives, friends and associations.
     
    #15 Palatka51, Mar 2, 2009
    Last edited by a moderator: Mar 2, 2009
  16. webdog

    webdog Active Member
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    It depends on where one lives, how many in the family, debt to income, etc. There is no answer that is right.

    Case in point, Michael Vick owns millions worth of real estate and possessions...yet he filed bankruptcy.
     
  17. Revmitchell

    Revmitchell Well-Known Member
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    He filed bankruptcy because the bank owns it and his career is down the tubes.
     
  18. MorganT

    MorganT New Member

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    Most people who think that they are rich really dont live like they are rich. Lets look at it like this in terms of poor, middle class, and rich

    Poor people ask did you get enough they look at quantity

    Middle Class people ask you was it good, they look at quality

    Rich people ask you how was it presented, they look at presentation

    I would say that alot of what we consider rich people actually live as Middle Class people, they dont want to be RICH in terms of how the world views RICH
     
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