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I read the scientific American article,,,,, it's complete crap.
Observed behavior of luxury car drivers at an intersection. I hope they didn't pay somebody for that study.
originally posted by: Bluntone22
originally posted by: Pluginn
Yea my feeling as well, when they give to charity I often wonder if it's almost like promoting themselves with showing how good they are, like making up (for the bad) and showing and telling everyone about their good deeds.
So if they give to charity they are just selfish publicity hounds.
If they don't they are just greedy..
I guess no matter what they do its a losing proposition.
Meanwhile, Sanders and his wife, Jane, were likely in about the top 5 percent of American income earners last year, according to copies of their 2014 tax returns obtained by Vermont Public Radio.
The Sanders household took in more than $205,000 in 2014, and paid the feds nearly $28,000 in taxes — an effective rate of about 20 percent based on Sanders' taxable income of $141,000. That means they likely earned more than 95 percent of Americans, according to the most recent data available from the U.S. Census Bureau.
originally posted by: pl3bscheese
Bill Gates image was tarnished long ago after all the monopoly lawsuits. He wants to be remembered not as a tyrant, but a good guy, so started doing the philanthropy thing. I
originally posted by: AlaskanDad
a reply to: LesMisanthrope
The morals of the wealthy have been in question for quite a long time.
Le secret des grandes fortunes sans cause apparente est un crime oublié, parce qu'il a été proprement fait.
- Le Père Goriot
The secret of great fortunes without apparent cause is a crime forgotten, for it was properly done.
The U.S. federal government is bringing in more money in taxes than ever before.
Over $2.67 trillion has come in so far this fiscal year, according to the latest Treasury Department report. That's a record -- in dollar terms -- for the first 10 months of the year (the government's fiscal year ends in September). Expect 2015 to finish at an all-time high.
So who pays the bulk of U.S. taxes? The burden has shifted from companies to individuals over time.
In the early 1950s, corporations accounted for over 30% of U.S. tax revenues. Today, businesses pay about 11% of taxes, according to the U.S. Treasury.
originally posted by: ketsuko
a reply to: AlaskanDad
The 1% are people.
A lot of rich people aren't exceptionally talented at what they do. They just have quirks and habits that let them think differently about money than the rest of us.
Here are three I've noticed.
They are (mostly pleasant) sociopaths
I'm convinced that nearly every rich person has the characteristics of a sociopath. Not in a cruel, soulless way. But sociopaths can disregard emotional events that cause normal people to worry and panic. Great investors can do that, too. They can watch stocks fall 50% and shrug their shoulders or see 10 million people lose their jobs and remain unshakably calm. In her book Confessions of a Sociopath, M.E. Thomas writes:
Sharks see in black-and-white. Scientists have suggested that contrast against background may be more helpful than color for predators in detecting potential prey, helping them to focus on crucial spatial relationships rather than extraneous details. I'm color-blind in a way that makes mass hysteria seem particularly striking in contrast to normal, expected behavior. My lack of empathy means I don't get caught up in other people's panic. It gives me a unique perspective. And in the financial world, being able to think opposite the pack is all you need.
sociopath:A person with antisocial personality disorder. Probably the most widely recognized personality disorder. A sociopath is often well liked because of their charm and high charisma, but they do not usually care about other people. They think mainly of themselves and often blame others for the things that they do. They have a complete disregard for rules and lie constantly. They seldom feel guilt or learn from punishments.
It may sound like a bold statement to say that most wealthy people are sociopaths, but in fact there is plenty of scientific evidence behind it.
A recent NY Times article summed up a study as Rich people just care less. The report was bolstered by a 2008 report from University of Amsterdam and the University of California, Berkeley.
originally posted by: LesMisanthrope
a reply to: Isurrender73
Personal experience trumps any study.Elitism and self worth based on wallet size is prevalent and a crippling force in this world of me first, me last, and me alll things in between.
And what is your experience of the poor?
originally posted by: LesMisanthrope
a reply to: AlaskanDad
I'm pretty sure it is well known that socioeconomic status has much to do with violent crime and criminal behavior. If we can agree with that, where would you say the rich fall? If a lower socioeconomic status is a factor in criminal behavior, is it right to say those with a low socioeconomic status "have screwed up brains"?
originally posted by: xuenchen
The extremely rich have “psychiatric issues” and it affects day-to-day Americans, populist presidential candidate Bernie Sanders (I-VT) said recently. Research shows that he’s on to something.
“We all know people who are addicted to alcohol or drugs. These people are addicted to money,”
You would think medical science would have found a cure by now.
But I'm not seeing how money and wealth inject into the bloodstream and brain, like drugs and alcohol.
Maybe this is why some people enjoy staying poor.
originally posted by: Bluntone22
I wonder if the poor behave selfishly and have little regard for others?
I'm sure they didn't bother to check that one out..