What do you define as rich?

#26
#26
and defining rich is a difficult thing. I would guarantee I'm in better shape financially than many people making a higher salary.
 
#27
#27
Anyone who makes ANY amount of income coaching women's basketball is rich.
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#32
#32
Here's my non-answer:

I don't know what rich is. So much depends on lifestyle.

I do know that I don't begrudge anyone any amount of cash they make so long as they don't steal it or swindle.

Determining what tax rate is "fair" is likewise ambiguous. At some point, you've paid enough taxes and are clearly paying the freight of many other folks. I have no problem with that either within limits. While I am not rich, I vehemently dismiss the notion that the rich are a resource to be tapped to pay for supporting the lifestyle of others.
 
#33
#33
utvolpj said:
Lamb? Really?
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Yes. If you have lamb as part of your dinner rotation you're probably rich. I don't know the actual cost of Lamb because I don't eat it. I'm more a NY strip or T-Bone man but if Lamb is in your food arsenal I'm labeling you a rich snob.
 
#34
#34
utvolpj said:
and defining rich is a difficult thing. I would guarantee I'm in better shape financially than many people making a higher salary.
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I would suspect that most people are way above their means. I was reading somewhere that the average person pays 35% to 45% of their net income to their mortgage. That is insane unless you are a single person with no other debt. It used to be you had to have 5% down to buy a house which limited what type of house you could afford more on money than credit. If this 5% rule had never of went away the loan collapse would never of happened.
 
#35
#35
Ihatethebuckeyes said:
You're not factoring in corporate tax.
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Good point. Makes it much more difficult to determine. I might have to look it up tonight, if I get bored, and revise my very rough estimate.

As to the lamb, it isn't that expensive. I see it in the marked down section of Kroger nearly every week. Never bought it, never plan too.

The woman, however, loves the stuff.
 
#36
#36
rich in my mind means that the extra dollar earned means little to you i.e. it's nice to have the money, but your quality of life doesn't really increase. 250K a year does not fit in that category in a major metro area. obama would have you believe that anyone making that kind of money is eating lobster every night (he's absurdly said as much before). i assure you that is not correct. obviously you are comfortable, but surely not so rich that the taxes dont' significantly limit your lifestyle. as gordon gekko said:

And I'm not talking a $400,000 a year working Wall Street stiff flying first class and being comfortable, I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars buddy. A player, or nothing
 
#37
#37
Ihatethebuckeyes said:
Yes. If you have lamb as part of your dinner rotation you're probably rich. I don't know the actual cost of Lamb because I don't eat it. I'm more a NY strip or T-Bone man but if Lamb is in your food arsenal I'm labeling you a rich snob.
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i buy lamb from costco on a regular basis. lamb leg (an excellent cut) is about $20 for 2 pounds. i get at least 4 meals out of it. I'd hardly call it expensive.
 
#38
#38
fl0at said:
Good point. Makes it much more difficult to determine. I might have to look it up tonight, if I get bored, and revise my very rough estimate.

As to the lamb, it isn't that expensive. I see it in the marked down section of Kroger nearly every week. Never bought it, never plan too.

The woman, however, loves the stuff.
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I can't eat veal. It seems just so inhumane. I know it's baby cow and not lamb but I view them kinda the same. I just feel bad. Same reason I never order live lobster at seafood places. I just can't point to an animal and kill it.
 
#39
#39
Ihatethebuckeyes said:
I can't eat veal. It seems just so inhumane. I know it's baby cow and not lamb but I view them kinda the same. I just feel bad. Same reason I never order live lobster at seafood places. I just can't point to an animal and kill it.
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I can point em out and start licking my lips in anticipation.....
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#40
#40
droski said:
i buy lamb from costco on a regular basis. lamb leg (an excellent cut) is about $20 for 2 pounds. i get at least 4 meals out of it. I'd hardly call it expensive.
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Nice to have you back and off the pills.

I'm not saying it's expensive. I honestly don't even know the cost. I just associate it in my mind with his parents and Muffy and Buffy types. Sometimes it's not the cost but the choice that makes someone appear one way. I have no logic for what I said. Just impressed me as a 13 year old or so and has stuck with me.
 
#42
#42
well I also hunt so I guess I'm a snobby, heartless redneck? I'm so confused now
 
#44
#44
utvolpj said:
well I also hunt so I guess I'm a snobby, heartless redneck? I'm so confused now
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Odd situation being the more heartless one of the two of us, huh?

How you dealing with that over there murderer?

:)
 
#45
#45
Ihatethebuckeyes said:
I can't hunt either. Bothers me too much.
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'Tis the circle of life. Sucks not to be at the top of the food chain. The fish I keep, I whack them in the head with a billystick. Quick death. I call that humane. At least moreso than smothering slowly in a cooler.
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#49
#49
Ihatethebuckeyes said:
I can't eat veal. It seems just so inhumane. I know it's baby cow and not lamb but I view them kinda the same. I just feel bad. Same reason I never order live lobster at seafood places. I just can't point to an animal and kill it.
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Yup yup. I don't eat veal or lamb. But I'd eat a strip or a ribeye most days of the week if I could, cholesterol be dammed.
 
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