I have no intention to discuss my political view of Bush and Kerry, but the Prince & Associates survey discussed in this Slate article is good topic for PFBlog.
The survey, which is based on interview with 400 people worth more than a million dollars, generated the following results:
The rich folk favored Bush by a 58-42 margin. Not too surprising. But when you break out the numbers, they tell a different story. The petit bourgeoisie millionaires were passionately for Bush: Those worth between $1 million and $10 million favored Bush by a 63-37 margin. But the haute millionaires, those worth more than $10 million, favored Kerry 59-41.
I can fully accept the explanation offered: "those with a net worth of merely seven figures don't feel financially secure," and thus they are in favor of Bush who will not raise their taxes. On the other side of the table, tax cuts or tax hikes, it does not really affect the daily life of the billionaires, who will therefore pay more attention to non-economic policies.
Back to me, you can surely imagine I am always trying to understand the difference in tax policies between Bush and Kerry. Although Kerry promised not to raise tax for people earning less than $200,000 a year, many are talking that people earning less than that figure but more than $87,900 will still be unfavorably affected by Kerry's social security plan. If it matters to millionaires, it certainly matters to people with less money too.
What Social Security Might Look Like(November 09, 2004)
"In the end, whether it's now or later, a generation of Americans has to pay." This is the conclusion from the CNN Money article discussing Bush's potential Social Security reform plan. Yes, as Bush is reelected and the Republicans are commanding a stronger control of ... Read
What the Bush Victory Means for Consumers(November 03, 2004)
Now that George W Bush is crowned, the next question for consumers will be: what's in it for me? For this purpose, WSJ has produced this story about what we as consumers can expect in Bush's second term. Read
Check 21 Is Only One Month Away(September 28, 2004)
If you browse personal finance information reguarly, you probably already picked up the news about Check 21. Check 21, which stands for "Check Clearing for the 21st Century Act," will become effective exactly one month from today. In short, the new act will allow financial ... Read
New Overtime Rule Passed(September 08, 2004)
Working men of the United States, unite! Recently U.S. Depoartment of Labor announced the effectiveness of an updated Overtime Security Rule: "Under the new rule, workers paid less than $23,660 or $455 per week are now automatically guaranteed overtime regardless of their titles or duties ... Read
Gold Channels of the Personal Finance Blogger's Network
• My Personal Finance Journey (1066 posts): Daily personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least a million dollars. (RSS Feed)
• Canadian Capitalist (174 posts): A record of my personal financial experience in saving, debt management and investing (with emphasis on Canadian content). (RSS Feed)
• Naked Picks (33 posts): Can an average fat boy beat experts in picking stocks? (RSS Feed)
• Free Money Finance (463 posts): Free and simple advice on money and finance designed to maximize your net worth. (RSS Feed)
• Reasoned Investing (198 posts): Long term investing advice, focusing on the reasoned steps everyone can take to invest in their future. (RSS Feed)
• Common Cents (33 posts): A common sense approach to understanding the importance of Personal Finance. (RSS Feed)
Others Channels of the Personal Finance Blogger's Network
• Nathan's Financial Mindset (26 posts): My day by day activities to save for most foreseeable events in the future, retire early, and retire rich. (RSS Feed)
• Prospect (34 posts): Personal finance for today and tomorrow. (RSS Feed)
• Personal Finance Café (9 posts): A forum to discuss personal finance issues including taxes, home ownership, insurance, budgeting, and investing. (RSS Feed)
• Coach Coin (55 posts): Simple Tips & Analysis from a Personal Finance & Success Coach. (RSS Feed)
Featured Sites
• payday loans - Payday Loans No Credit Check can offer you with reasonably-priced loans for you financial requirement.We deals in Payday UK, Payday Loans Australia , payday Loans Canada.
• Protected.co.uk compare over 300 life insurance plans to find the best deal from their providers.
• Search 300 life insurance plans from 12 leading providers.
• Bad Credit Auto Loans are loans for people who have a poor credit history and cannot qualify for an auto loan. If you are able to secure a bad credit auto loan, you should consider it to be a second chance to improve your credit rating by making all auto loan payments on time.
• Car Finance - The Uk's leading online car finance company. Buy any car from any UK dealership. Bad credit not a problem.
• SecuredLoansCentre.co.uk - 3 easy steps to compare over 200 secured loan plans for UK home owners in minutes
• Find a fast payday loans in the UK. Even if you have a bad credit history, arrears or CCJ's, Loansite's top lenders can help you compare loans and find a low APR secured loan, homeowner loan or tenant loan with fast approval in principle.
• Legal Helpers experienced bankruptcy lawyers can help you out of debt. Take advantage of our Free debt consultation. Our bankruptcy lawyers will help you understand your best option to eliminate your debt. Ask about our 100% guarantee.
• Student Loan Consolidation - Need assistance with Student Loan Consolidation? Have a personal education finance advisor assist you with rates as low as 4.5%. -Quick, Easy Online Application w/E-sign!
• Cheap Car Insurance - Provides Cheap Car insurance. Receive an instant quote online
• Fleet Dealer - Ford Fleet trucks and vans, cargo vans, cutaway vans, LCFs, work trucks, commercial trucks, ambulances, tow trucks, police squad vehicles, and other commercial vehicles like box vans, delivery vans, box trucks and dump trucks.
• Bad Credit Auto Loans - Auto loans bad credit, bad credit auto loans, guaranteed credit approval, auto financing, credit lenders, car credit, automobile lenders, bad credit auto loans seattle, auto loans bad credit seattle.
• Ford Dealer - One of the World's largest Ford Dealerships. Over 3,000 cars and trucks to choose from. Mega Volume Dealer. $1,000 price guarantee. Large Special Finance Store. Ford Dealer Seattle. Mustang, Edge, Explorer, F150, f250, fleet, build your own Ford.
• Auto Loans Bad Credit - Bad Credit Auto Loans, auto loans bad credit, guaranteed credit approval, car credit car loans, automobile financing, credit lenders, bad credit auto loans seattle, auto loans bad credit seattle. (Home | Apply | Inventory | Credit Help | Contact Us)
• moneyeverything.com - Find the right credit card to suit you with our guide to the right card in the UK
• airaid.co.uk - Looking for credit cards in the UK? Find the right credit card to suit you with our guide to choosing the right card in the UK
• Bad Credit Loans - find out some tips about improving your credit score and choosing the best bad credit lender.
• Consolidate debt with Bad Credit Personal Loans online or Personal Loans, consolidate Bad Credit Personal Loans or apply for Credit Cards including 0% deals.
• We provide personal loans for debt consolidation, home improvement, bad credit loans at cheap rates in the UK.
• If you are buying a car you may want to search for UK Car Insurance to get a car insurance quote online.
• Accepted.co.uk compare over 100 secured loans to find the best deal from their lenders.
• Accepted.co.uk compare over 100 secured loans to find the best deal from their lenders.
• Sending money to family and friends has never been easy. Use iKobo, secure way to send money worldwide
• Payday loan tips at paydayloanreport.net helps you to defeat cash-checking and payday loan traps.
• online casino - reviews of goldenpalace, casino-on-net, and more. onlinecasinobluebook.com review guide.
• Student Loan Consolidation - the student loan solutions provides students and their families with information and resources to help students get out of default and better manage their student debt.