The IRS says you have to report illegal income and pay taxes on them.
The IRS says you have to report illegal income and pay taxes on them.
When I was making that kind of money, I still saved way more than 5%. Granted, after inflation, it is like $11.50 now. Still, 10% would have been pretty easy. 20% would be possible if I didn’t blow money on things like spend $3K on a bike for hobby use. Also, that’s assuming you don’t have unexpected expenses. I lived somewhere where having a car wasn’t necessary, so that made a huge different in budgeting. And when I needed surgery, I was lucky with insurance. Otherwise, that could have easily have eaten up the savings I had.
So 15% is definitely possible… with lots of luck and good circumstances.
People with money usually don’t keep it as plain money though. On average, if you just invest it in S&P500 (assuming historical returns), it’ll be worth at least 4 million after adjusting for inflation after 30 years. 3 million dollars reward for having 1 million dollars. But even if you’re like a gold-standard fanatic and just put it in gold, the same applies.
Al capone was arrested for tax evation. I think one of the famous serial killers or mass murderers got caught because they were pulled over for something like speeding (granted, they probably would have been caught eventually anyways, but it happened a lot quicker).
Long-term consequences can be fun if you make it so. /hj
Jesus maybe? At church during the Christmas service. Accidentally dropped it. No clue how much it was worth, but I don’t remember breaking particularly expensive things.
Changing icons to color helps me find which ones I’m looking for. Seems weird it defaults to it looking like they’re greyed out because they won’t work on the current selection.
always spits out excuses why buying a house isn’t “feasible” or would “lock them down too much”, etc etc.
Like not being a POS?
If you are owning houses just to use them as AIRBNBs, yes. Profiting off of artificial scarcity and already having money is bad. Being wealthy doesn’t mean you deserve to be more wealthy.
Too bright too. Needs a nerf.