Where do we draw the line? How about those of use who work to earn a living versus those who make money because they own a lot rather than because they work for it.
Of course, this does not include those who have worked all their life and have retired to live off their accumulated funds.
Exactly. People usually think of “them” as the very wealthy, but they don’t even realize that earning just a little bit over $40.000/year makes you belong to the top 10% of the world measured by wealth. Earning $60.000/year takes you to the top 5%. Chances are that “you” (average reader of HN) belong to the “them” you critique so much.
sorry for late comment, but the problem is clearer to me when considering it as resource control, rather than 'wealth'. Earning $60k gives you control of barely nothing. It would take 10's of millions of dollars just to have any effect on a small US city. It's a football field with 9995 people stuffed in an endzone and 5 people controlling the rest of the field.
Yeah I get what they are saying, but if anything that supports my argument. Wealthy people might work less when taxes go up, but middle class people have to work more. Poor people might work less because of benefits, but overall the people who are working are working harder to support the shenanigans of everyone else.