/biz/ - Business & Finance

>>29822124
There is a line between wealthy and poor. The amount is $1,200,000. Why $1,200,000 you ask? Dividends. Below $40,000/yr in dividends is 0% tax rate. Each $400.000 gives you $1000/mo.
You might think $3,000x12 is $36,000 is not a lot to live on for being rich. This is free money. Not taxed, not tossed in social programs. just money for you. All you had to have was $1,200,000 to start.
Think about it. $36.000 in burnable funds a year to do anything. You will always get $36,000 each year even if you lived anywhere in the world. All you have to do is... nothing.

If you say worked your ass off, 9-5 40 hour weeks and was paid $50,000. Your take home pay after state/federal taxes, social security, medicare/medicaid programs is around $36,000/yr.
Right now, at this very minute in the USA people making $30,000 or less a year have a 25% unemployment rate. When they are employed they have to pay into the social programs and have no choice on the matter. The wealthy do not, they have the option to never have to pay into that with a mix of dividends, long term gains and moving the funds elsewhere not taxed but will just rise in value like physical gold/silver. Land where they lease out water rights for the same price as the taxes or lease out a small part of the land for a cell tower to pay for all the taxes.