I was not impressed with both the individual and the article.
First off the man deserved all the success he achieved but seriously, he had a solid education, high self-esteem, he was summarily effectual, he showed up to work and was industrious. (80% of success is just showing up- Woody Allen)
If higher taxes assisted him then why is the United States faltering and our educational system becoming such a joke? I mean to say are we not paying enough taxes? If so how high should they be?
I pay federal income tax, SSI taxes, state tax, sales taxes, property tax, garbage fees, gas taxes, utility taxes, I pay car registration fees, and probably a bunch of fees I am missing.
My fed tax rate is 21.7%, my California tax rate is 9.55%, sales sax 8.75% I believe, but with all of the above I easy pay 40% of my income.
If higher taxes assisted him then why is the United States faltering and our educational system becoming such a joke? I mean to say are we not paying enough taxes? If so how high should they be?
Keep in mind that in the US, much school funding comes from property taxes, and is highly tied to the specific location of the school. Thus, affluent areas "magically" have better schools, and poorer areas have worse schools.
I'm confused as to why so many comments on the story are stuck on the very few lines regarding taxes. The vast majority really leads back to his Mom's abilities to seek out ways to provide for him and then putting him in front of opportunities that eventually helped him become who he is.
If she had not been so active in putting him in the right places at the beginning, his life would have been vastly different.
But I can't place where he advocates higher taxes or the misuse of tax money.
Internet libertarians -- of which there are a few on HN -- do not like anything that even hints at the possibility that government can do anything positive, or that taxes should be seen as anything other than a government SWAT team kicking down your door and stealing all your money at gunpoint to give to people who don't deserve it.
He wasn't making a case for higher taxes. He was simply stating that the taxes and programs that went into our military having good medical facilities for themselves, spouses and children. The taxes that go into grants and education (and school counselors ), and the taxes that go into providing food to the least fortunate. All had a very positive effect on allowing him to turn himself into a successful and happy person.
My national tax rate is ~35% an sales tax 21%. Then there's some stuff I'm missing. Altogether areound 60%. I'm not complaining; I live in the most awesome country in the world.
First off the man deserved all the success he achieved but seriously, he had a solid education, high self-esteem, he was summarily effectual, he showed up to work and was industrious. (80% of success is just showing up- Woody Allen)
If higher taxes assisted him then why is the United States faltering and our educational system becoming such a joke? I mean to say are we not paying enough taxes? If so how high should they be?
I pay federal income tax, SSI taxes, state tax, sales taxes, property tax, garbage fees, gas taxes, utility taxes, I pay car registration fees, and probably a bunch of fees I am missing.
My fed tax rate is 21.7%, my California tax rate is 9.55%, sales sax 8.75% I believe, but with all of the above I easy pay 40% of my income.