Both Joe Biden and Bernie Sanders have high-paid wives. As did Barack Obama and Bill Clinton.
Up to 2008, Joe Biden’s wife received $42,000 per year teaching two courses a semester as an adjunct at a community college. This is maybe three times the going rate for adjuncts.
(She is now a full-time associate professor at a community college, making a representative salary.)
Also up to 2008, Michelle Obama was a senior vice president at a hospital corporation, for external relations, making $316,000 per year. Even for Chicago, this sounds on the high side. But, maybe it’s the going rate.
Jane O’Meara Sanders until recently was President of a small college in Vermont. It went bankrupt under her leadership and closed down soon after she left. She was paid $170,000 a year, which is hard to assess whether that was fair or not since Presidents of small colleges vary so much in their salaries.
As for becoming wealthy, everyone who works regularly should become wealthy. First, there is Social Security and Medicare. Until they take those away from those of us who work, you know, the deplorables they hate so much, that’s part of it.
Then, you might have a private pension or your own IRA. Regular contributions into it, invested through thick and thin in stocks, and tax-free accumulation within it, should add up to a bundle. For people who are nervous, just throw away the periodic statements you get, until you retire.
Third, actually pay off the mortgage.
I would hope that, with a President like Donald Trump, we who are able, take to heart his goal to make America rich again.
Hey now. No tax avoidance will be tolerated even if you’re following the law. You should be ashamed. We always try to pay more than we’re supposed to, said nobody, ever. Funny thing is, those that complain about the debt and that we’re not collecting enough tax never volunteer to send a check to help reduce the debt. No restrictions on doing that. Those that feel obligated, pony up and send it in.