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A comment on For the first time on record, the 400 wealthiest Americans paid a lower tax rate. Parent comment

Re:For the first time on record, the 400 wealthiest American... by walshemj on Monday October 07, 2019 @04:06PM (#21185370)
Most of those are higher risk than interest on cash or TIPS (not all government bods are safe) ask the shareholders of Thomas Cook or Going back a bit Enron about risk.
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Re:For the first time on record, the 400 wealthiest American... by vertex-four on Monday October 07, 2019 @05:02PM (#21185909)
Ask the people who worked for Thomas Cook about risk.
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Re:For the first time on record, the 400 wealthiest American... by walshemj on Tuesday October 08, 2019 @03:42PM (#21196327)
They will in the UK at least get some back pay via RB2 (I have had to fill out one of those).

RB2 Is the form you fill out if an employer goes bust, to get some cash from the government.

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Re:For the first time on record, the 400 wealthiest American... by vertex-four on Tuesday October 08, 2019 @10:15PM (#21199362)
Yes, but you now don't have a job, even if you get paid for every hour you worked. Jobseekers is only a partial safety net. On the other hand, nearly everyone who saw their shares in Thomas Cook go to 0 had investments in a number of other things, so only took a minor hit.

The risk of investing is, in the large, "my £10,000 might be worth £9,500 tomorrow", not "tomorrow I might lose my job through no fault of my own and suddenly have to make a major lifestyle change".

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Re:For the first time on record, the 400 wealthiest American... by ClumsyPilot on Tuesday October 08, 2019 @03:05AM (#21189530)
Do stunt-men, soldiers, arctic explorers and other jobs with risk to life and limb pay no tax?
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