As part of the working middle-class, I find it harder and harder to put money away for retirement, expensive to own a home, and the cost of living outrageous in some areas. I don't see it getting any better.
By the way White Pride, I'm a successful educator (regional Teacher of the Year awards), and guess what?? I'm a Mexican-American. Sorry to disappoint you. Whenever I visit my family in California, they live in nice homes because they are hard working Americans. No drug-dealers here... Chinga su madre!
2007-04-20 17:15:08
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answer #1
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answered by santan_cat 4
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Ha ha :) damn str8 'quincyth'....I like it :)
Anyway, Adam, I do believe it's true, but not 'to the letter' as there are always 'rich' people losing fortune and indeed 'poor' people making it, and as for the causes? they're just too many to pinpoint you know?
Have you heard the one: "If all the money in the world was divided equally amongst us, the rich would have it back in a month....?" It's all food for thought eh :)
2007-04-20 17:26:52
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answer #2
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answered by Talented Samo' 2
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yes......and eh no. making money is all about investing. people with more money can invest more and get back more from their investments. all of these people who are wealthy AND make their money work for them are getting richer. then you have the poor people. they live paycheck to paycheck; never able to save money, invest, or move up because they have to spend all of their money on food and shelter and the other necessities. while the rich are getting richer the poor SEEM poorer. lol it's all relative.
2007-04-20 17:19:24
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answer #3
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answered by jme19914fun 3
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Most of the rich become rich from hard work and careful planning . Later these skills help them become more wealthy . Most of the poor remain poor because they failed to plan and have settled into their lifestyle . The U.S. tax system makes it very difficult for anyone to become wealthy and makes it very easy to settle for poverty. We have 4 children and paid $10,800 property tax , $5,700 sales tax , $4,500 state income tax , $11,500 federal and Social Security and around $2,000 in local taxes .
2007-04-20 17:34:18
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answer #4
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answered by Anonymous
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yes that rich are getting rich and poor are getting poor, becuz of the interest and interest rates.
Why do you not think if you buy something(that includes taxes and other charges etc), and Interest is not fair. if i buy a home right now, it would be good to pay just the mortage but y should i pay interest, 10,000 to 20,000), and that money i could investin my college education.
2007-04-20 17:13:17
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answer #5
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answered by kainat - 2
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We have to pay to get into Donald Trump's forum and the last I checked he's not poor
2007-04-20 17:23:38
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answer #6
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answered by zirconiag 5
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Well, besides been a true statement (most of the times) is kind of like a law thing... when you have money is easy to make more money and when you don't you just sink in dept...
2007-04-20 17:10:13
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answer #7
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answered by Fab 2
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the rich is doing business while the poor is supporting their children in studies.. =}
2007-04-20 17:09:30
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answer #8
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answered by Maia 3
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I do. the numbers support the statement; it's not a matter of "feeling."
2007-04-20 17:09:05
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answer #9
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answered by kent_shakespear 7
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Mostly, yes.
2007-04-21 02:05:38
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answer #10
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answered by S c a l p e r 3
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