It's not really about comparing, that will lead to disappointment every time.
Lean into the Lord, He will provide.
Income tax applies to income not wealth. Truly wealthy people know how not to have income, while still living well and accumulating assets.
Income - and the income tax — are for the little people.
Thanks for the comments.
Just to be clear, I have nothing against the wealthy, per se. I believe some are using the political process to the detriment of their countrymen, but if that’s the case, the solution is to raise everyone else up, not cut them down.
It certainly isn’t to pretend to cut them down while actually making them more powerful.
Excellent essay. Too bad it will be lost on the jackasses who routinely pull the lever for Party A because it requires critical thinking skills.
I like your essay!
True. The majority of true millionaires and billionaires support and vote for the Democrat party. Yet, my inlaws keep telling me “The Republicans are the party of the rich!”
A very astute essay.
What many of us overlook is that wealth is often built over generations, as the children build upon what is inherited from the parents’ efforts.
There’s nothing ingenious about this; it’s no “hidden secret”. But most people have bought into the “we’re spending our kids’ inheritance” idea being marketed these days. It’s what I like to call “the reverse-mortgage mentality”, and it’s transferring a lot of seed-wealth from erstwhile heirs to the already-wealthy.
Excellent Essay. I have a couple old friends who lean to the “Left”.
I would love to have them read your essay but I afraid their so busy
pulling oars down in the hull of Party A’s Ship of State that they
wouldn’t begin to understand your point.
Thanks for the post.
Along this same line, in some states only income is used to determine qualifications for food stamps. So mega-millionaire with no income but assets in metals, dividendless stocks, investment property operating at break-even or less, and other non-dollar assets such as art, cars, land, and collectables, could still qualify.