[Paleopsych] The rich get more benefits

Steve Hovland shovland at mindspring.com
Mon Apr 18 23:52:32 UTC 2005


I spent several hours yesterday photographing
the wine cellar of a home in Atherton that is
on the market for $10.5 million.

It's not middle class :-)

Steve Hovland
www.stevehovland.net


-----Original Message-----
From:	G. Reinhart-Waller [SMTP:waluk at earthlink.net]
Sent:	Monday, April 18, 2005 12:44 PM
To:	The new improved paleopsych list
Subject:	Re: [Paleopsych] The rich get more benefits

San Francisco, like the rest of California, is unreal when it comes to 
property values.  My guess is that no home owner needs to perform 
"spring clean up and repair" since winter with its break, crackle and 
peel,  never arrives.  This means that  a second mortgage can go to 
expansion and updating of existing home rather than  necessary 
repairs.   High property values also promote high wages in most 
industries so that the lure of 6 figures could be reason enough to have 
a newly minted MBA from a top east coast uni. make the move west.   
Residents of Brentwood, home to O.J.Simpson and Arnold Schwarzenegger, 
consider themselves living a middle class life yet most live in homes 
valued higher than $10.5 million.  Not only is the concept of "class" 
relative, so is geographic location.

Gerry Reinhart-Waller

Steve Hovland wrote:

>I certainly think that $500,000 and up qualifies as
>rich, but not $100,000.  In San Francisco a family 
>needs about $80,000 to cover the basics of middle 
>class life.
>
>A lot of people are, in money terms, a lot less
>middle class than they think.  That's why some
>of us say "they" are trying to destroy the middle class.
>
>Steve Hovland
>www.stevehovland.net
>
>
>-----Original Message-----
>From:	G. Reinhart-Waller [SMTP:waluk at earthlink.net]
>Sent:	Sunday, April 17, 2005 4:32 PM
>To:	The new improved paleopsych list
>Subject:	Re: [Paleopsych] The rich get more benefits
>
>You really mean that rich is over $10 million/yr.?  If that's rich, then 
>what is poor.....income of $100k per year?
>This does leave me flabbergasted....my family and I must be existing way 
>below the poverty level.  And yes, our family continues paying taxes.
>
>Gerry
>
>Steve Hovland wrote:
>
>  
>
>>I think rich is more like over $10 million per year-
>>the Forbes list and a bunch of people who don't
>>want us to know how much money they have.
>>
>>The government is part of the economy.  Taxes
>>paid to the government do not drain the economy.
>>They merely shift money from one part of the
>>economy to another.  This shifting increases the
>>velocity of money, which causes the economy
>>to grow.
>>
>>Many private enterprises get a significant portion of 
>>their revenue from the taxes paid to government.  On 
>>the right there is a lot of hypocrisy about this.
>>
>>Steve Hovland
>>www.stevehovland.net
>>
>>
>>-----Original Message-----
>>From:	Lynn D. Johnson, Ph.D. [SMTP:ljohnson at solution-consulting.com]
>>Sent:	Sunday, April 17, 2005 10:12 AM
>>To:	The new improved paleopsych list
>>Subject:	Re: [Paleopsych] The rich get more benefits
>>
>>Actually, the rich already pay most of the taxes, if you call rich 
>>people above $100k/yr. So any tax cut will affect them simply because 
>>that is where the taxes are. Taxes are a drain on the economy, so tax 
>>cuts make all people - even poor and middle class - better off.
>>
>>Steve Hovland wrote:
>>
>> 
>>
>>    
>>
>>>They have used their money to buy politicians 
>>>who vote tax reductions for them.  All of the tax 
>>>cuts under Bush are of this character.
>>>
>>>Steve Hovland
>>>www.stevehovland.net
>>>
>>>
>>>-----Original Message-----
>>>From:	G. Reinhart-Waller [SMTP:waluk at earthlink.net]
>>>Sent:	Saturday, April 16, 2005 6:53 PM
>>>To:	The new improved paleopsych list
>>>Subject:	Re: [Paleopsych] The rich get more benefits
>>>
>>>Yes they should.  Any idea why they find themselves outside the economic 
>>>law?  I certainly don't.
>>>
>>>Gerry Reinhart-Waller
>>>
>>>
>>>Steve Hovland wrote:
>>>
>>>
>>>
>>>   
>>>
>>>      
>>>
>>>>So they should pay more taxes.
>>>>
>>>>Steve Hovland
>>>>www.stevehovland.net
>>>>
>>>>
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>>>>
>>>>
>>>>  
>>>>
>>>>     
>>>>
>>>>        
>>>>
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>>>
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>>    
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>
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