Blue Origin rocket explosion: watch $150 million go boom

[Chrkeller]

curl-6 said:

Chrkeller said:

Well Bezos isn't the CEO...  hasnt been for a number of years.  

And yes, it is a problem.  Yes it needs to get fixed.

But the "tax" them argument reeks of not understanding the system.  

People really ought to educate themselves before forming such strong opinions.

Executive chairman now, though the issues with unsafe workplaces and pay date back to his time as CEO.

But yes, simply raising taxes won't solve the problem, it's the underlying system that's rotten.

With the current system being broken, raising taxes will just result in a CoGs increase.  Same with increasing minimum wage.  No board is going to take the hit, nor will investors.  

The entire system needs s revamp.

Personally I think step 1 is having all income being ordinary income.  Step 2 is getting rid of credits and deductions.  

Edit 

The other issue, is many Americans struggle with bills not because of their income but because they do not understand financial impact of time money, something I am teaching my kids.  

What does $100 a month cheaper on a house mean over 30 years when tracking SP500?  $128,000.  So consider doing the same with cars for $200 a month tracking, $256,000.  

Many Americans do struggle, while just as many don't control their spending and are leaving tons of money on the table.  It gets tiring to be in a group of people who are demonized for having money when I have spent 20+ years with cheaper phones, cars, houses, etc to grow wealth.  

Maybe my point is that step 3 is teaching finance along with making kids read Little Red Hen.

Last edited by Chrkeller - 6 hours ago