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Old 01-11-2011, 05:11 PM   #1
JBKlyde
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"Money". Is it Worth it?

Despite the recklessness of my own self destruction, I don't see money as the driving force behind my motives. Yes it would be nice to have money, but at what point is the line drawn and self seeking millionaires declared hell bound???????
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Old 01-11-2011, 05:17 PM   #2
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Now that is a question indeed ....
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Old 01-11-2011, 05:23 PM   #3
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That all depends on the exchange rate.
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Old 01-11-2011, 06:32 PM   #4
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Money is just a medium of exchange, though during hard times it's medium rare.
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Old 01-11-2011, 09:29 PM   #5
skysidhe
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You can do more with it than without it. For myself, pretending there is some higher purpose and some spiritual lesson to learn is better left to the Gandhi's of the world.
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Old 01-12-2011, 05:00 AM   #6
GunMaster357
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Money doesn't make happiness...


...but it makes sadness bearable.




Just ask any heir to a fortune.
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Old 01-12-2011, 11:17 AM   #7
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Just like anything else, the more you need it, the more it is worth.
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Old 01-12-2011, 12:37 PM   #8
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There's a level of $ that is needed to provide what you believe are the necessities of life.
After that, it becomes wants, and then luxuries, then power,
and then greed, and finally more is never enough.
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Old 01-12-2011, 12:57 PM   #9
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I think greed is out of order. Anything after the necessities is greed. If you want it, but don't need it, it's greed. We all have greed.
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Old 01-13-2011, 12:49 PM   #10
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Quote:
Originally Posted by Lamplighter View Post
After that, it becomes wants, and then luxuries, then power, and then greed, and finally more is never enough.
Who gets to define when each of those thresholds is met? and at what amounts?
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Old 01-13-2011, 02:10 PM   #11
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Quote:
Originally Posted by Lamplighter View Post
There's a level of $ that is needed to provide what you believe are the necessities of life.
After that, it becomes wants, and then luxuries, then power,
and then greed, and finally more is never enough.
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Originally Posted by TheMercenary View Post
Who gets to define when each of those thresholds is met? and at what amounts?
Ibid
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Old 01-13-2011, 05:22 PM   #12
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Originally Posted by TheMercenary View Post
Who gets to define when each of those thresholds is met? and at what amounts?
The government.

Luxury, sales and estate taxes are a few. Another is income.

There are several tax brackets below $250k. Those people are at different levels of "not top earners." Everyone above that is a "top earner." But there is a huge difference between the couple of doctors that is bringing home $250k per year and the people bringing home $1M (and $10M, and $100M, etc).

Making $250k per year where I live (Helena, MT) is an incredible living, in Manhattan it is still a damn good living. On the other hand, while $50k per year in Helena is a good living it's much harder to live on in Manhattan, and the quality of life is much lower.

I really think Federal and State income tax rates should vary by where you live as well as by income.
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Old 01-13-2011, 05:33 PM   #13
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Quote:
Originally Posted by Perry Winkle View Post
...


I really think Federal and State income tax rates should vary by where you live as well as by income.
Well, I think state income tax rates do vary by where you live.
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Old 01-13-2011, 09:06 PM   #14
TheMercenary
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Quote:
Originally Posted by Perry Winkle View Post
The government.

Luxury, sales and estate taxes are a few. Another is income.

There are several tax brackets below $250k. Those people are at different levels of "not top earners." Everyone above that is a "top earner." But there is a huge difference between the couple of doctors that is bringing home $250k per year and the people bringing home $1M (and $10M, and $100M, etc).
Which is why your and the governments $250k number fails.

Quote:
Making $250k per year where I live (Helena, MT) is an incredible living, in Manhattan it is still a damn good living.
Is that a joke? $250 might get you a 900 sq ft apt

Quote:
On the other hand, while $50k per year in Helena is a good living it's much harder to live on in Manhattan, and the quality of life is much lower.
Depends on your definition of "quality of life".

Quote:
I really think Federal and State income tax rates should vary by where you live as well as by income.
BS. Everybody should pay a percentage of their income. If you 10k a year and if you make 500k a year, you should pay a percent.
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Old 01-12-2011, 02:03 PM   #15
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There is a line that can be drawn and a line that can be seen, but a line that can be drawn isn't always a line that can be seen, and a line that can be seen isn't always a line that should have been drawn. Also, sometimes lines are different lengths, widths, etc.
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