Anonymous wrote:Anonymous wrote:Anonymous wrote:Yes and no.
I try to balance thinking how much 100k in a donation directly to children starving in Afghanistan/Yemen/Syria/etc. and the impact it would have compared to the impact of 100k providing jobs and supporting an industry.
IMO there is a middle ground and I would love to see couples who have this amount of money ask for cash gifts or give those cash gifts to a charity of their choice.. I assume most of the people who can spend 100k on a wedding are hiding their money or their parents have to avoid paying "too much" in taxes. I also assume they dont need 25k in cash gifts if they can afford a 100k wedding. That goes into my calculation as well.
Its self-serving and indulgent but if thats who they are then thats who they are.
My DD had a $90k wedding and I can assure you we do not "hide" any money from taxes. Spending money on a wedding has nothing to do with taxes in any event. What a weird assumption. We also already donate to charities - these are not mutually exclusive.
My wedding was pretty basic and in retrospect I wish we had spent a little more. Generally the more expensive weddings are more fun and have better food.
Except that someone who can afford a 100k wedding without taking on debt is absolutely in a higher income and the higher the income the more loopholes there are and the less likely it is that their income is derived exclusively from wages. Just because the tax code is built for your wealth doesnt mean you arent "hiding it". Thats the whole point of it.
"Typically, the more someone earns, the greater percentage of capital income and less labor compensation they receive every year, the Tax Policy Center has found. The tax laws are not built for wages they are built to protect capital income.
Anonymous wrote:Do you also get mad if you see someone driving a Porsche?
Anonymous wrote:Anonymous wrote:Yes and no.
I try to balance thinking how much 100k in a donation directly to children starving in Afghanistan/Yemen/Syria/etc. and the impact it would have compared to the impact of 100k providing jobs and supporting an industry.
IMO there is a middle ground and I would love to see couples who have this amount of money ask for cash gifts or give those cash gifts to a charity of their choice.. I assume most of the people who can spend 100k on a wedding are hiding their money or their parents have to avoid paying "too much" in taxes. I also assume they dont need 25k in cash gifts if they can afford a 100k wedding. That goes into my calculation as well.
Its self-serving and indulgent but if thats who they are then thats who they are.
My DD had a $90k wedding and I can assure you we do not "hide" any money from taxes. Spending money on a wedding has nothing to do with taxes in any event. What a weird assumption. We also already donate to charities - these are not mutually exclusive.
My wedding was pretty basic and in retrospect I wish we had spent a little more. Generally the more expensive weddings are more fun and have better food.
Anonymous wrote:Of course not unless someone is asking me to pay. I’ve enjoyed being the guest at very expensive weddings where the food is stellar and the venue luxurious.
Anonymous wrote:Sometimes I feel icky thinking of all the money people blow on weddings.
I had a very modest wedding and I am watching two of my friends plan their weddings this year. And one wedding will cost about 100k and the other 70k.
And the brides are obsessing over minute details such as ordering custom napkins with the bride and grooms initials, to custom cups for drinks to multiple outfits on the day of the wedding.
So much self indulgence. So much privilege!
<endrant>
Anonymous wrote:Does it bother you of they spend $100k "more" on a house than YOU think they should? What about buying an expensive car? Or an international trip instead of local camping?
Like a PP pointed out, that $ does go to all the vendors they are paying including many small businesses like photographers, DJs, bakery florist etc. Not sure why it's different from any other spending if they can afford it.
Anonymous wrote:Of course not unless someone is asking me to pay. I’ve enjoyed being the guest at very expensive weddings where the food is stellar and the venue luxurious.
Anonymous wrote:I don't mind attending very small and intimate weddings of closest friends and relative even if it not a lavish affair. But otherwise a cheapie wedding pisses me off. Don't cut corners on food, drinks, and arrangements for the convenience of the guests. Have valet parking available, adequate seating, comfortable and beautiful surroundings, rooms in the hotel, breakfast, hot beverages etc.
I am ok with people not spending a ton on flower arrangements, drone photography, return gifts, ice sculptures, wedding invitations, printed napkins, entertainers etc. A good DJ and good music is must.