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To: Mr. Sunshine who wrote (9045)2/19/2003 12:58:11 PM
From: RealMuLanRead Replies (2) | Respond to of 306849
 
Do not forget the people in HK pays much lower percentage of income tax. The poor people here in the US have NO money after the tax and basic cost of living for food and shelter. No disposable income, even if they have the desire of saving.



To: Mr. Sunshine who wrote (9045)2/19/2003 9:58:54 PM
From: David JonesRead Replies (1) | Respond to of 306849
 
...People's Republic of California. Folks here expect social programs...

Calif gets back some 75 cents on the dollar it sends into the Feds. Start pointing fingers at the states that get back more than they pay-in.



To: Mr. Sunshine who wrote (9045)2/20/2003 9:24:09 AM
From: Wyätt GwyönRespond to of 306849
 
Of course if someone does save and invest, they are considered the "greedy rich" and are expected to give to the "less fortunate".

unfortunately, this is true. we as a society demand a certain level of support for the poor, even if the disparities occur because of bad habits of the poor which are encouraged by a welfare state. at the same time, the rich benefit from welfare like Prop 13 scam.

in the end, it's an "every man for himself" situation which is unsustainable.

there are problems on both the rich and poor ends.