Posted 3 years ago on March 4, 2012, 10:29 a.m. EST by onepercentguy
This content is user submitted and not an official statement
i've been asked this on here several times: do i really need all the money i make?
no, i dont need it. in fact, i only "need" one tenth of my annual income to survive comfortably.
i cant reconcile that with your demands that i just hand the rest over, as much as people disagree, i earned every dollar i have through my own hard work, education and persistence. nothing was ever given to me, family is broke. such a hunger for success was instilled in me early as a result of being poor and i'm thanking for living in a country with access to schools that allowed me to climb that socio-economic ladder.
i dont believe in handouts basically. i will not give you my money simple because you have a misguided belief that my pile is bigger than your pile and that i should share to be nice even though i earned mine. i was against the financial bailouts in their final form, as i was against the auto industry bailouts. i dont like how unemployment benefits have been extended into perpetuity, i like the german post-reunification model much more.
i'm not against paying most of the federal income taxes. and i'm not against paying for universal health care. i believe the ultra-wealthy have a social responsibility to shoulder the brunt of such costs. i plan on giving everything away when i die, anyway.