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View Full Version : How the other half lives; taxing the rich to pay for health care



Carol
07-16-2009, 08:34 PM
link (http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6083972)


proud2BlibKansan Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Thu Jul-16-09 08:02 PM
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How the other half lives; taxing the rich to pay for health care

I am not rich but I grew up with rich folks. The suburb I grew up in borders the neighborhood where most of the really rich people in my city lived back when I was a kid. So I went to school and to church with a bunch of rich kids. Also Girl Scouts, etc. So while I wasn't rich, I did grow up with a lot of experience in seeing how the wealthy live and how they got wealthy and stay wealthy. One of the families I grew up with hosted a GOP fundraiser featuring Michael Steele last week. Another hosted Bush in 2006 at a $25,000 a ticket fundraiser.

While I was growing up, I learned a few things I have been thinking about since this plan to tax the wealthy to pay for health care came about.

1. Rich people are stingy. You know that expression 'He still has the first dime he ever earned'? That's very true. They hang on to their money and are very cautious about how they spend it. I used to spend the night at one of my friend's houses and we would sit and cut out coupons and paste green stamps in books for her mom so we could earn a trip to the pool the next day. They lived in a house that would easily cost a couple million dollars today but that woman never went shopping without coupons.

2. They made their kids work hard for the things they wanted. I had very few friends in high school whose parents automatically bought them cars when they turned 16. They made their kids work for those cars. Babysitting, yard work, etc. Not part time jobs, but work at home or in the neighborhood.

3. They talked about growing their money. A lot. First time I heard Bush say "Grow the economy" I knew he was upper crust wealthy. It's one of those terms my mom used to call 'country club talk'. When I was about 10, I went to one of my friend's birthday parties and her grandparents had sent her $50, which was a lot back in those days. Her dad said "Honey you need to open up a bank account and grow that money".

4. They grow their money and don't pay for anything on credit. My mom and dad used to say that being really rich meant you paid cash for your houses and cars. I didn't know many kids whose parents had credit cards. Some did but the really wealthy ones didn't. Paying interest cost money. So they grew their money and paid cash.

5. The rich kids I grew up with didn't have health insurance. I doubt this is true today, but it really was back then. Of course, when I was a kid, health insurance was for catastrophic care, not for routine care. It wasn't until about 25-30 years ago when health costs spiked up that health insurance paid for routine care. But the really wealthy families I knew did not have health insurance. One of my friends married into a very wealthy family and when she got pregnant with her first child, her in-laws started a bank account that they put money in every month until the baby was born. They paid the hospital bill in cash and with the rest of that account, they started a college fund for the baby.

6. A lot of the wealthy families I knew were very generous charitable donors but some were not. And if they did donate to a charity, they wanted a tax deduction. When we sold Girl Scout cookies door to door, most of the customers wanted a receipt so they could take a tax deduction. I know, that's not really legal (if you get a product, you aren't really making a contribution) but my Girl Scout troop gave us receipt books so we could write them out for people who bought our cookies.

7. A lot of the families I knew had traveled all over the country and the world, but were afraid to leave their neighborhood here. When I got my first teaching job in the urban core, my friends were shocked. "Why do you want to work there?" "Aren't you afraid to drive into that part of town?" "Couldn't you get a job anywhere else?" It was amazing. I realized that not only had they rarely left their own little safe area, they didn't even know where my school was and it was only a few miles away from their upper crust community. Then I remembered moms who had been unwilling to drive us to other schools for games when we were in high school and dads who insisted we go to the movie theater close to our neighborhood and not the one downtown.

So anyway, asking someone who makes a million dollars a year to pay 5% more in taxes isn't going to break them. But they are going to bitch and moan about it. They really do believe that anyone can make a lot of money if they grow what they have and that poor people are poor because they don't handle money well.

And just how is this so bad? Wealthy people work for their money, teach their kids the value of money, don't pay with credit=so they are not paying interest, many are generous with charitable giving.

BadCat
07-16-2009, 08:41 PM
link (http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6083972)



And just how is this so bad? Wealthy people work for their money, teach their kids the value of money, don't pay with credit=so they are not paying interest, many are generous with charitable giving.

Watch.
They'll be calling for their heads on a spike within minutes.

Dan D. Doty
07-16-2009, 09:54 PM
Nice to see Stalinism is alive and well on DU; Uncle Joe would be so proud.

Wonder when they're going to start that gulag thing ?

NJCardFan
07-17-2009, 01:00 AM
link (http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6083972)



And just how is this so bad? Wealthy people work for their money, teach their kids the value of money, don't pay with credit=so they are not paying interest, many are generous with charitable giving.
That whole thing was a joke. All this person did was explain how responsible people handle money. Not using credit cards which can get you into debt is bad? Wow. I've seen some morons in my day but this one takes the cake.

FlaGator
07-17-2009, 06:22 AM
That whole thing was a joke. All this person did was explain how responsible people handle money. Not using credit cards which can get you into debt is bad? Wow. I've seen some morons in my day but this one takes the cake.

I don't think that she was arguing against rich people or saying what they did was bad. I think she was attempting to give the rest of the primates a inside look on why rich people are rich. Her reall mistake was to think that the average primate would even care. From their simplistic point of view the rich have money and the libs want it.

Constitutionally Speaking
07-17-2009, 08:28 AM
link (http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6083972)



And just how is this so bad? Wealthy people work for their money, teach their kids the value of money, don't pay with credit=so they are not paying interest, many are generous with charitable giving.


The idiot can't seem to grasp the concept that these were LESSONS being taught to their children.

It is WHY they were rich.

They were taught to WORK, SAVE, NOT USE CREDIT.


Oh the HORRORS!!!!

Instead the idiot is prescribing that we reward the life habits that lead to poverty!!!

RockurWorld
07-20-2009, 12:14 PM
Didn't she just make the point for our side? Mole?

noonwitch
07-20-2009, 12:57 PM
I like point number 5, about the rich not having health insurance. I grew up solidly middle class, and my dad owned his own business. Our health care plan was whichever company's agent offered my dad the best price for the most coverage. But most rich people I've known have Blue Cross major medical coverage. It's the best, and the most expensive. It's what my grandpa has (to back up his Medicare). I have Blue Care Network, which is Blue Cross' PPO. It's pretty good, and it covers almost everything. At the time I was hired, I had the choice of BCN, an HMO called Health Alliance Plan (which killed my uncle), and BCMM. The state no longer offers BCMM to new hires, and have limited it's benefits in effort to get long-term employees to switch to a PPO or HMO.

Incidentally, everyone I've ever met who has a prescription drug addiction has BCMM. Because you don't need a referral from a primary care physician for a covered visit to a specialist, all of the doctors you see might give you a prescription for something, and unless it was referral from one doctor to another, the doctors might not even be checking with each other about what is being prescribed for a patient.


My mom's big thing when I graduated from college was for me to get a job with health insurance. It took about a year for me to get in with the state, so she was always pushing me to apply for jobs with the post office or AT&T (I was having fun working at K-Mart). "They have the best health care", is what she was always telling me.

Tjenkins
07-22-2009, 09:11 AM
OMG they save their money AND spend it responsibly when needed?!!? those...ANIMALS!

I think the only course of action to stop all their responsible money management is to take a large chunk of that money away and give it to the dregs of society...I mean, the poor, because it's obvious they would use it better!

Milly
07-22-2009, 12:46 PM
My folks often said that if you took ALL the money in the US and divided it equally among every citizen that within 5 years those who had been rich would be rich again and those who had been poor would be poor again.

This statement was always made in advance of their discussion of the difference between 'poor' and 'broke'. I got bored with the subject at the time, but they sure were right.

Gingersnap
07-22-2009, 01:02 PM
My folks often said that if you took ALL the money in the US and divided it equally among every citizen that within 5 years those who had been rich would be rich again and those who had been poor would be poor again.

This statement was always made in advance of their discussion of the difference between 'poor' and 'broke'. I got bored with the subject at the time, but they sure were right.

Fives years? More like five days.

Milly
07-22-2009, 01:20 PM
I think they were considering the length of time required for interest payments to kick in. A decent stock market might make it 5 days, but they were very conservative investors.