You are so very lucky to live in California where Million Dollar yearly salaries are the norm. Us dumbshits in the midwest, well it just isn’t like that here. But we swoon at your wonderfulness.
But waaaaay back in the day, here in the midwest we had companies that ruled the world, Take for example General Motors. They could produce millions of cars and every one working there must have existed like monks because they did it on only 4 or 5 % profit. And, Hey no one could touch them, they owned the friggin industry. WHADDA CUMPNY! It could never end.
I appreciated your thoughtful and to the point post. Yeah. Where did I say million dollar salaries are the norm? You’re response is as bad as the typical MSM trash. I said they are the norm for fortune 500 company execs who live in CA. For the record, a million dollar salary here is slightly under 500K after taxes due to CA taxes at over 10%. If you live in a 3000 square foot home, you are paying around 120K a year in mortgage payments. The million soon becomes 380K after just your house. Add to that everything here is more expensive. I’m not saying a 1M salary is not fantastic, even in the above example, but I am saying it’s not unlimited wealth unless you can pull it off for 20 years running. We are also talking about someone directly responsible for thousands of employees. I tend to respect someone who can pull down that kind of salary and I don’t begrudge them or portray them as evil either. I certainly don’t resent them for their success.