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Thread: Completely Unwoven: Business, Economics, and Tax Policy 4.0

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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by St. Clown View Post
    One set of numbers says very little. A great salary in Butte won't buy a studio apartment in Brooklyn.

    According to those numbers I'm upper class; I guess I should turn Republican and f-ck the rest of you over.
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by BassAle View Post
    I feel middle class (or what I think middle class should be, comfortable with some disposable income), but according to this my family of three makes too much. Am I upper middle class? I don't think I would have considered myself that.
    Upper middle class is probably 1.25 - 1.5x those numbers, and lower middle class .75x - .875x. So if your household income is > 1.5x their number for F3, congrats, you're rich.
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by St. Clown View Post
    Neglect not, the b*tching about illegals and welfare queens in the comments.
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by Kepler View Post
    One set of numbers says very little. A great salary in Butte won't buy a studio apartment in Brooklyn.

    According to those numbers I'm upper class; I guess I should turn Republican and f-ck the rest of you over.
    That's why the range is so large. The low end is the middle of Mississippi while the high end would be for just outside the San Francisco area. Also, being just above those figures doesn't make someone well-off, just a higher than normal income. Don't be so defensive about earning a good wage.
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by FadeToBlack&Gold View Post
    Neglect not, the b*tching about illegals and welfare queens in the comments.
    I didn't even think to read the comments. It's the internet, so I'm sure they're all spot on and hold great insight.
    "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by St. Clown View Post
    That's why the range is so large. The low end is the middle of Mississippi while the high end would be for just outside the San Francisco area. Also, being just above those figures doesn't make someone well-off, just a higher than normal income. Don't be so defensive about earning a good wage.
    Being single is also a huge factor. $90k goes a lot farther when flying solo, than it does with a family of 7. I still can't figure how my Ft. Wayne cousin, her husband, and their 5 kids, get by on his music teacher's salary (which I presume is about $45-50k at his seniority/locale in IN).

    EDIT: Well, OK. They don't ski or vacation in Aspen, for one.
    Last edited by FadeToBlack&Gold; 03-15-2017 at 12:51 AM.
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by BassAle View Post
    I feel middle class (or what I think middle class should be, comfortable with some disposable income), but according to this my family of three makes too much. Am I upper middle class? I don't think I would have considered myself that.
    The tired old political joke is "how do Democrats define 'rich'"?

    -- anyone who makes more than me.
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by St. Clown View Post
    I didn't even think to read the comments. It's the internet, so I'm sure they're all spot on and hold great insight.
    My nominee for Post of the Year.
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by FreshFish View Post
    The tired old political joke is "how do Democrats define 'rich'"?

    -- anyone who makes more than me.
    what did j. forbes kerry define as "super rich" in 2004? 75k?
    a legend and an out of work bum look a lot alike, daddy.

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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by mookie1995 View Post
    what did j. forbes kerry define as "super rich" in 2004? 75k?
    I thought it was $200k
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by mookie1995 View Post
    what did j. forbes kerry define as "super rich" in 2004? 75k?
    $75K was when they wanted to rollback any tax credits for single people, and then, as dx said, at $200K you were lumped in with the rich people.
    "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Maybe we should just go back to barter...

    According to an OCCRP report, the "Laundromat" scams were always the same. Two shell companies existing only on paper would pretend to lend money to each other. One company would then “default” on the loan. Judges would certify the “debt” as authentic, allowing the Russian businesses to send cash to an account in Moldova. This money was sent to accounts controlled by the court - all at one bank - Moldindconbank in Moldova.

    With the money finally out of Russia some of it was withdrawn directly. The majority of it though was sent to another bank - Trasta Komercbanka in Latvia, which is inside the European Union. From there it was easy to send it anywhere else in the world through the anonymous shell companies.

    Murphy from Transparency International is not surprised by this complex scheme. "For too long we've thought of corruption as being something that happens in Russia or China or in African countries. But here we can see just how complicit the whole of the financial system is."
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Oh, you mean just like Mark Cuban's prediction of doom and gloom with the election? https://www.infowars.com/member-of-c...does-not-pass/
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    I'm not happy about it either, but Flag is correct (cue the Twilight Zone music!).
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by FlagDUDE08 View Post
    Oh, you mean just like Mark Cuban's prediction of doom and gloom with the election? https://www.infowars.com/member-of-c...does-not-pass/
    A 5% drop is not doom and gloom. It doesn't even reach the threshold for being a market correction.
    "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

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    Quote Originally Posted by St. Clown View Post
    A 5% drop is not doom and gloom. It doesn't even reach the threshold for being a market correction.
    But it's a big number, and humans suck at putting big numbers into perspective. Same reason many people freak out over the budget deficit, even though it's relatively small in the grand scheme of things relative to the country's GDP and net worth.

    Maybe the country just needs to issue 2.0 greenbacks to knock a few zeroes off of figures. We could bring back the half penny, too, increasing mining jobs in the process.

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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by unofan View Post
    We could bring back the half penny, too, increasing mining jobs in the process.
    Done, but please call it the haypenny.

    We should bring these back, too. Very cool.
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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by unofan View Post
    But it's a big number, and humans suck at putting big numbers into perspective. Same reason many people freak out over the budget deficit, even though it's relatively small in the grand scheme of things relative to the country's GDP and net worth.

    Maybe the country just needs to issue 2.0 greenbacks to knock a few zeroes off of figures. We could bring back the half penny, too, increasing mining jobs in the process.
    The national debt is over 100% of the GDP.
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    May 14th, 2011, 11:00 PM ET: 2147483647

    Quote Originally Posted by Rover View Post
    I'm not happy about it either, but Flag is correct (cue the Twilight Zone music!).
    Quote Originally Posted by French Rage View Post
    Ahh crap I agree exactly with what FlagDude said.
    Quote Originally Posted by jericho on rpitv's chat
    I never thought I would say this, but you are right.
    Quote Originally Posted by Handyman View Post
    And yet, even if Flaggy is complete tinfoil hat, every day it looks closer and closer to the truth.
    Quote Originally Posted by burd View Post
    So flaggy: you win.

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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by St. Clown View Post
    A 5% drop is not doom and gloom. It doesn't even reach the threshold for being a market correction.
    But do you remember when Cuban said the market would crash if Trump was elected?
    It was an honor to present your colors, RPI. Let's Go 'TUTE!
    May 14th, 2011, 11:00 PM ET: 2147483647

    Quote Originally Posted by Rover View Post
    I'm not happy about it either, but Flag is correct (cue the Twilight Zone music!).
    Quote Originally Posted by French Rage View Post
    Ahh crap I agree exactly with what FlagDude said.
    Quote Originally Posted by jericho on rpitv's chat
    I never thought I would say this, but you are right.
    Quote Originally Posted by Handyman View Post
    And yet, even if Flaggy is complete tinfoil hat, every day it looks closer and closer to the truth.
    Quote Originally Posted by burd View Post
    So flaggy: you win.

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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by FlagDUDE08 View Post
    But do you remember when Cuban said the market would crash if Trump was elected?
    Nope, I don't follow Mark Cuban news. Who is he to me other than a rich man on TV who likes to talk?
    "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

    Women and I have an understanding. They tend to stay away from me, and I tend to understand that I'm repulsive to them. It's not my favorite understanding.

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    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Quote Originally Posted by St. Clown View Post
    Nope, I don't follow Mark Cuban news. Who is he to me other than a rich man on TV who likes to talk?
    The point is that predicting all this movement being based upon lack of a government action is just dumb. It's just trying to scare people into supporting crappy legislation. It's the true definition of terrorism.
    It was an honor to present your colors, RPI. Let's Go 'TUTE!
    May 14th, 2011, 11:00 PM ET: 2147483647

    Quote Originally Posted by Rover View Post
    I'm not happy about it either, but Flag is correct (cue the Twilight Zone music!).
    Quote Originally Posted by French Rage View Post
    Ahh crap I agree exactly with what FlagDude said.
    Quote Originally Posted by jericho on rpitv's chat
    I never thought I would say this, but you are right.
    Quote Originally Posted by Handyman View Post
    And yet, even if Flaggy is complete tinfoil hat, every day it looks closer and closer to the truth.
    Quote Originally Posted by burd View Post
    So flaggy: you win.

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