How rich are you?

**FireAtWill** · 05-12-10, 08:22 AM

Interesting site showing how you rank in the world.

http://globalrichlist.com/

Makes you want to help out others a little.

FAW

**Consultant** · 05-12-10, 08:26 AM

Originally Posted by FireAtWill

Interesting site showing how you rank in the world.

http://globalrichlist.com/

I am the 39,615,049 richest person in the world!

Not bad out of 6 Billion...

Makes you want to help out others a little.

FAW

Good job, genius.

A little trial and error tells me that you earn $100,000 US Dollars.

**jmw_man** · 05-12-10, 08:44 AM

According to this thing the worldwide median income is 850 bucks a year.
There's a lot of poor people out there...

**jmw_man** · 05-12-10, 08:46 AM

Income increases at an exponential scale which is why taxation should increase at an exponential scale.

*popcorn*

**FireAtWill** · 05-12-10, 08:47 AM

Well that's what I put in as a sample...

FAW

**FireAtWill** · 05-12-10, 08:47 AM

double post

**Consultant** · 05-12-10, 08:49 AM

haha - I'm just bustin' your balls

**FireAtWill** · 05-12-10, 08:50 AM

Originally Posted by Consultant

haha - I'm just bustin' your balls

Yeah I make WAY more than that!!!

**FireAtWill** · 05-12-10, 08:54 AM

Originally Posted by jmw_man

Income increases at an exponential scale which is why taxation should increase at an exponential scale.

*popcorn*

Good theory but the problem is that if you penalize people for making MORE money then you effectively reduce the incentive to make more money. There are MANY economic theories addressing taxation. From trickle-down economics of Reagan to the Ball busting 0% Fed funds rate now.

All I can tell you for certain is that America is somehow the most affluent country in the world even with the catrostrphic economic "tinkering" the government tries to do.

FAW

**jmw_man** · 05-12-10, 08:58 AM

Originally Posted by FireAtWill

Originally Posted by jmw_man

Income increases at an exponential scale which is why taxation should increase at an exponential scale.

*popcorn*

Good theory but the problem is that if you penalize people for making MORE money then you effectively reduce the incentive to make more money.

I still have yet to see anybody prove your above statement. There will ALWAYS be incentive to make more money, people will ALWAYS want to buy that new car or that new house, why would anyone ever choose to be poor when they can be rich?