Originally Posted by
rickair7777
"Billionaire" isn't a literal category... it's just catch-all for everyone who makes more than 51% of the voters.
The US income tax, when first implemented constitutionally over a century ago only applied to about the top 3%... how's that working out today?
I would pretty strongly disagree. I think billionaire refers to anybody worth more than 8 figures.
The 1% is anybody who makes more than $300k/year - they/we are treated as the enemies of society because we do our best to avoid giving a third of our income to Uncle Sam.
I do think that as pilot salaries sky rocket our place within the unionized world becomes more separated. The only reason we make 4-5x more than other skilled labor in the same industry is because of free market principles and some old fashioned crony capitalism.
Free markets and effective lobbying has made commercial pilots a far more lucrative career than I ever thought possible. You can build real wealth as an airline pilot.