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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Lars who wrote (2341)12/4/1998 12:05:00 AM
From: Lars  Read Replies (1) | Respond to of 15132
 
*** Millionaire Next Door Post of the Day ***

The typical wealth-building household has a total annual pretax income of $220,000. It pays $69,440 in federal income tax. That is 31.6% of its income and 2% of its net worth.



To: Lars who wrote (2341)12/4/1998 12:06:00 AM
From: Lars  Read Replies (3) | Respond to of 15132
 
*** Millionaire Next Door Post of the Day ***

America continues to hold great prospects for those wishing to accumulate wealth in one generation.



To: Lars who wrote (2341)12/6/1998 2:42:00 AM
From: Lars  Respond to of 15132
 
*** Millionaire Next Door Post of the Day ***

By 2005, the millionaire household population is expected to reach approximately 5.6 million. At that time, the majority of the private wealth in America ($16.3 trillion of the $27.7 trillion, or approximately 59%) will be held by the 5.3% of households that have a net worth of $1 million or more.



To: Lars who wrote (2341)12/6/1998 2:45:00 AM
From: Lars  Read Replies (3) | Respond to of 15132
 
*** Millionaire Next Door Post of the Day ***

The number of estates in the $1 million or more range will increase by 246% during the next decade.



To: Lars who wrote (2341)12/10/1998 12:04:00 AM
From: Lars  Respond to of 15132
 
*** Millionaire Next Door Post of the Day ***

How much is the thousands you spent on clothes last year worth today?



To: Lars who wrote (2341)12/10/1998 12:05:00 AM
From: Lars  Respond to of 15132
 
*** Millionaire Next Door Post of the Day ***

Politicians target the high-income producer, rather than the wealthy, in tax reforms.



To: Lars who wrote (2341)12/10/1998 12:07:00 AM
From: Lars  Respond to of 15132
 
*** Millionaire Next Door Post of the Day ***

Published reports indicate that in a recent year, Ross Perot's tax rate as a percentage of his income was only 8.5%. He reportedly paid only 0.8% of his net worth in tax.