Millennial men with different incomes
esquire.com
Millennial men with different incomes
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Re: Millennial men with different incomes
#23 'more or less' typical millenials? 3 CEOs and one poor guy? Really?
Re: Millennial men with different incomes
#33 'more or less' typical millenials? 3 CEOs and one poor guy? Really?
The WSJ had a similarly out of touch cross-section a while back http://www.wsj.com/news/interactive/WEALTH0105
Re: Millennial men with different incomes
#4Re: Millennial men with different incomes
#5The comments about taxes are really interesting. There is a perception in the U.S. that the wealthy don't pay enough taxes, but in reality the top 10% carries a much a larger share of the tax burden (relative to their share of income) than in countries like the U.K., France, Germany, and Sweden: https://www.washingtonpost.com/news/wonk/wp/2013/04/05/ameri....
So the question is: where does this perception come from? Is it this way in other countries? Do people in Sweden complain that the rich don't pay enough taxes? Or is it something cultural in the U.S.
Re: Millennial men with different incomes
#6Earlier quoted context omitted.
The WSJ had a similarly out of touch cross-section a while back http://www.wsj.com/news/interactive/WEALTH0105
Wow, this just takes it to a whole new level
Why does the single parent with $260k a year income look so sad? In fact, why does everyone in this look like they're in a Ken Loach film about a miner's strike?
Re: Millennial men with different incomes
#7Re: Millennial men with different incomes
#8> We have more opportunity, but the price of living is unbearable.
The cost of basic groceries & clothing is down dramatically over the last 50 years. The price of housing could be too, but we've decided that it's more important to keep prices rising and supplies limited.
Re: Millennial men with different incomes
#9The comments about taxes are really interesting. There is a perception in the U.S. that the wealthy don't pay enough taxes, but in reality the top 10% carries a much a larger share of the tax burden (relative to their share of income) than in countries like the U.K., France, Germany, and Sweden: https://www.washingtonpost.com/news/wonk/wp/2013/04/05/ameri... . So the question is: where does this perception come from?…
This comes up a lot in a discussion about taxes, and there's a big logical problem with it.
We have a much higher wealth gap than those countries. So tax burden as a percentage isn't a useful metric.
If we had a healthier lower and middle class, they would be paying more in taxes, which would ease the burden on the wealthiest considerably. But our middle class is shrinking, and the rich are becoming extraordinarily rich. So of course their tax burden as a percentage of the whole is going to be more.
The concern people have is about the taxes that individuals in the top brackets pay in relation to the middle and lower brackets, but also this acts as a proxy for concern about infrastructure, safety nets and an ever shrinking middle class.
Re: Millennial men with different incomes
#10The comments about taxes are really interesting. There is a perception in the U.S. that the wealthy don't pay enough taxes, but in reality the top 10% carries a much a larger share of the tax burden (relative to their share of income) than in countries like the U.K., France, Germany, and Sweden: https://www.washingtonpost.com/news/wonk/wp/2013/04/05/ameri... . So the question is: where does this perception come from?…
Some people just want something to be angry at.