I met someone in the year 2000 that because of a bevy of poor decision making was struggling financially. Three years later that same person received a windfall of money. The windfall was a result of an investment of a few hundred US dollars a decade prior. The windfall was in the millions. I think they refer to this as Capital Gaines in America or at least the IRS does.
Through shrewd investing with said money the person referred to paid less than $60,000.00 dollars in income tax on the capital gains of the million dollars. That works out less than a 2% tax rate.
What I found to be absolutely contemptible was this, the person cries like a fucking baby over paying any taxes.
"Tax rates are too high"
"Tax rates are too high"
"Tax rates are too high"
"Tax rates are too high"
This is his mantra. What, 2% is too high? That person considered Them self above paying taxes. He honestly feels, like many people I've met with money feel, they should not have to pay their fair share.
Warren Buffett went on TV trying to bring awareness to the fact his tax rate (as a billionaire) was much lower, 17.4% where his executive assistant's tax rate was 35.8%
I was out to dinner months or so after the windfall, of said person, (his treat). When the bill came he calculated the tip for 10%, to the penny and said to me:
"It's not my fault the man didn't go to college"
What a dick! And catholic too boot.
Luke 6:
"Do unto others as you would have others do run to you"
All the Catholics I know are what's referred to as cafeteria catholics. They bring out the good book only when it suits them. Only when it's convenient. This is what's I've seen from "Christian's/Catholics" my whole life. They act as if they are above everyone else especially those "Christian's/Catholics" with money. My view of them is this, after gorging themselves like swine they offer up the dripping from their feast to those less fortunate. I view them as having contempt for the less fortunate or this need to be punative to those less fortunate.
Though I was struggling financially at the time I dropped a $10 bill on the table to add to the tip before leaving the restaurant. It was the last time I went into a restaurant with that person.
"Principles only mean something when you stick to them when its inconvenient"
This is a line from the movie, The Contender
Change is in the wind for them.
In 2007 this person invested the lion's share of his booty into real estate. Genius move in 2007, right? (I don't think Warren Buffett was buying real estate in 2007 and if he did he paid pennies on the dollar). Long story short, guess what happened to the real estate holdings? Did baby Jesus spare his fortune? Fuck no. Most of his money evaporated in the thin air.
I think they call this poetic justice...