I am glad the Democrats are rigging their election.
- Thread starter i am herdman
- Start date
Super delegates have never determined the winner of a democratic primary race. But I'm guessing that little fact will be disregarded by you nonetheless.
They simply didn't have as much to spend you moron.
the typical factory worker in 1959 would have had to work from January 1 until the middle of June to earn enough (pre-tax) income to purchase those 11 appliances, a worker in 1973 would have had to work from the first of the year until the second week of April, and today’s factory worker would only have to work until the end of January to earn income for those 11 appliances
https://www.aei.org/publication/dat...and-wage-stagnation-is-a-myth/comment-page-1/
if you have 100,000 and are taxed at 90% that leaves 10,000
if you have 100,000 and are taxed at 30% that leaves 70,000
Now how in the wide world of sports are you going to be able to spend the same being taxed at 90% vs 30%?
if you have 100,000 and are taxed at 30% that leaves 70,000
Now how in the wide world of sports are you going to be able to spend the same being taxed at 90% vs 30%?
Because if we compare the 90% top marginal tax rates in 1958 to now, that 90% wouldn't kick in until earnings hit 3.2 million adjusted for inflation. I suspect the spending of someone making that kind of money wouldn't have their spending habits changed.
Someone making 3.2 mil taxed at 90% would not spend differently?????????? Its official. Greed is retarded.
Ok, but they still have less of their money to spend. If they have 5.2 million you just taxed them at 90% on 2 million.
That is is 1.8 million less they have to spend.
So you don't think that has an effect?
Are you insane?
Bernie pulls out to an early 15-12 lead. Since the debate is now sucking even more than the Reds game, it's time to turn it off and project that Bernie will win by the 15-12 score. Hillary tried to get 15, talked about kicking that extra field goal, but then decided to take a delay of game and punt. Pretty much on every question.
Bernie by a field goal. Ditto the Cubs, well until they pour 7 runs on the bullpen.
Yawners all around really. I should quit revolving my life around TV.
Bernie by a field goal. Ditto the Cubs, well until they pour 7 runs on the bullpen.
Yawners all around really. I should quit revolving my life around TV.
Let me ask you a question. If you made 5.2 million and were going to be taxed at 90% on 2 million of it, what would you do with that 2 million before the tax year ended?
Greed I guess I would have to put it in a tax saving account because the feds are going to want 1.8 million the following April.
I wouldn't be spending it or hiring people or buying businesses etc.
I wouldn't be spending it or hiring people or buying businesses etc.
You sure as hell wont be spending it or allocating it to investment risk. This the kind of question you get from someone who has little clue as to how wealth is used or grown. He operates purely from an ignorant position based on envy of what another has, eagerly judging what they should or should not have. No wonder he has never been able to grow his business beyond the woodshed in the back yard.
Well, idiot, I'm not a tax expert but I believe I'd purchase some things with that money that could be claimed as an expense. That way I get something for my money and by purchasing those things I help create demand. In turn someone gets to keep their job or perhaps it helps create another one.
Well since none of us know the tax laws in the 1950's, how do we know what we would do. As Raleigh stated with a tax exposure of 1.8 million looming it would be hard to invest and perhaps very unwise. You could not take risk with the money.
I said that a few days ago............he's beyond a far left wacko....retard, moron...something along those lines.
Hahaha. Priceless!!! The true liar and hypocrite has exposed himself again. Remember when Greed claimed "demand can't be created"? All be damned. He is preaching trickle down economics as a solution again!! He is too ignorant to realize it. But let us continue....
As an individual (non business owner) Greeds suggestion really doesn't work.
Furthermore, this is exactly why Greed is not making $millions a year in income. He is a moron with $$ and capital. No wonder you've gone from a 4 man shop to 2.
I had this conversation with a friend who owns a very large landscaping company. He made the comment that the very thing Greed is suggesting is what the govt wants. Spend as much of your profit on shit you don't really need in order to lower your tax liability. He spent $$$millions the last few years on equipment he didn't need or want simply so he wouldn't get soaked by the IRS. The caveat to this is it "front loads" the economic growth and can create bigger swoons in the economy in later years.
My friend has decided to actually do the opposite in the next few years. Cut back in order to limit his growth (profit) so he can enjoy what he has. Many more businesses will do this as well. Especially with greater employee liabilities being forced on businesses (healthcare/ wage increases) by this same govt.
The cabinets look pretty good. Out Wayne ain't that bad. If I had good cabinets and a place Out Wayne, I'd be all right with it. Why get so mad at rich people? They're playing a completely different game.
Not just businesses. The bastards hammered me on taxes. I reach a law of diminishing returns. Why make more if they are just going to tax it. I have to give it away to get the tax break or go buy two houses to claim interest deductions. Then, I am stuck with two houses and the expense of it. The tax code is insane.
What? So you're going to stick 1.8 million in the bank so you can pay all of it in taxes? I guess that'd be alright, since you've still netted $200,000 over and above the other 3 million.
Solution..........don't skim through. You offer nothing but drive by garbage.
An individual no longer gets a tax break for owning 2 houses (for personal/vacation purposes.). Interest deductions on vacation homes was eliminated for higher income people.
You keep proving you don't know how Tax planning works for the wealthy. Go back to your woodshed.
