Reply to Is "the system" designed to keep us poors in our place"

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[quote=Anonymous][quote=Anonymous]I wonder if English is a second language for OP. I've never ever heard an English speaker refer to "poors". Ridiculous. [/quote]

Oh come on people. "The poors" is a DCUM somewhat tongue in cheek term (see thread "is cruising for the poors".  I am not trying to start a debate on the working poor and in fact fully concur with the earlier poster who talks about why the poor are poor.  The purpose of this post is to solicit feedback on my financial situation which is as follows: I was born to a middle class working family with few assets but decent income.  My DH and I have regular jobs with good income but we are a paycheck/employee family and I want us to get out of that and really grow wealth so we can better control our lives.  To this end, I started two entrepreneurial endeavors which yield good profit in some years.  However I find that I am not really building much wealth, and in part this is due to my own ignorance on how to grow wealth and also our spending habits. However,  I now work 80 percent harder.  But after taxes I feel like there is significantly less to show for it. Some examples include the new higher long term capital gains rate, the pheading out of many deductions for our income level, and the higher marginal tax rates after a certain point.  So I just wanted to see the thoughts of others...whether "the system" is set up to keep people from moving up.  You don't need to hate on me or call me ungrateful because I want to be wealthy...in fact, I think this is part of "the system" that keeps people in their financial place.  There is a glorification of the hardworking middle class in America and this is what Americans are taught to aspire to.  I believe those hardworking American are the backbone of a corporate structure that makes their bosses incredibly wealthy but keeps them as (truly) poor. [/quote]

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