I agree with most of your article. But the article missed two major things. First most investments don't compound daily, so that assumption is too aggressive. Second, the effect of investment fees were ignored. Both of these would decrease the ending balance.
Actually, the surveys show 94% of US millionaires are first generation millionaires. Meaning they didn't inherit it, they earned it.
While there is some luck in your specific investment choices, it's far more sacrifice, planning, and dedication.
Paying reasonable taxes are fine. It's when people complain that millionaires aren't paying their fair share that is silly. When pressed for what a "fair share" is, that I've heard people say most of it should be taken. People shouldn't be punished for managing their finances well.
Actually, one can be wealthy with steady savings with even low pay. It requires living below your means and consistently investing the excess. Then even those emergencies can be handled without going into debt.
The article shows that anyone can be a millionaire all on their own. Government assistance is not needed, indeed government assistance typically keeps people in poverty. These 401k millionaires have saved for over 30...
Sorry, I misunderstood your post then. Yes, removal of sex organs for those that are convicted of a rape. Child molesters and violent offenders are different crimes which would require different punishments.
There are some interesting components to this year's US federal income tax law. I kept it simple and didn't include every provision, nor full details.
Comparison of 2017 to 2018, Married filing Joint brackets:
2017: 1st bracket: Up to $18,650 10% ________ 2018: Up to 19,050 10%
Well rape is a fluid term. Is it only penetration or can it be harassment, sexual battery, or any variances? There is also the problem of false convictions. Anyways, this quarantine solution was proposed by you, not me. What would you do about these? Do all sex crime convictions earn the same...
While it's difficult to state conclusively about the number of male victims vs. female victims, due to the increased stigma against male victims and the non-recognition of the issue, the material I looked at agrees with you. I found that the hypothesized male victims are anywhere from 5% to 30%...
1) When palestinian snipers shoot at Israelis while using their own children as shields, should the Israelis allow the snipers to continue their murderous activities without military response?
2) Please tell...