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Thread: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

  1. #41
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    Quote Originally Posted by FlagDUDE08 View Post
    By stopping the drugs and getting food instead. It's called a swift kick in the rear. Something which a particular generation I unfortunately am a part of could use.
    Seemed to work for Trump voters... oh wait!

    Also other states got rid of drug tests for recipients because it cost more than it saved.

  2. #42
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    Quote Originally Posted by trixR4kids View Post
    Seemed to work for Trump voters... oh wait!

    Also other states got rid of drug tests for recipients because it cost more than it saved.
    And hardly caught anyone.

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    I work for Tyson Foods. I've noticed that our team member entrance is a revolving door. How appropriate.

    Basically, as long as I show up, work safe, work clean... I'll have job security for the next 30 years.

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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Quote Originally Posted by ShirtlessBob View Post
    I work for Tyson Foods. I've noticed that our team member entrance is a revolving door. How appropriate.

    Basically, as long as I show up, work safe, work clean... I'll have job security for the next 30 years.
    You'll also be promoted every couple years for the same reason privates became generals during WW1. :-)
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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Just heard from a Trumper I know. On the tax cut he said, "I never got a job from a poor person". He's perpetually unemployed (uses unemployment insurance, etc.) and I have been employed since I graduated from High School.

    Like I said, I don't get these people.
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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Quote Originally Posted by ScoobyDoo View Post
    Just heard from a Trumper I know. On the tax cut he said, "I never got a job from a poor person". He's perpetually unemployed (uses unemployment insurance, etc.) and I have been employed since I graduated from High School.

    Like I said, I don't get these people.
    Well you see rich job creators create them out of the goodness of their heart and he decides not to take them.

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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    House Speaker Paul D. Ryan (R-Wis.) said Wednesday that congressional Republicans will aim next year to reduce spending on both federal health care and anti-poverty programs, citing the need to reduce America’s deficit.

    “We’re going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit,” Ryan said during an appearance on Ross Kaminsky’s talk radio show. “… Frankly, it’s the health care entitlements that are the big drivers of our debt, so we spend more time on the health care entitlements – because that’s really where the problem lies, fiscally speaking.”

    Ryan said that he believes he has begun convincing President Trump in their private conversations about the need to rein in Medicare, the federal health program that primarily insures the elderly.
    https://www.washingtonpost.com/news/...=.7cc376fac2ed
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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Quote Originally Posted by ScoobyDoo View Post
    Just heard from a Trumper I know. On the tax cut he said, "I never got a job from a poor person". He's perpetually unemployed (uses unemployment insurance, etc.) and I have been employed since I graduated from High School.

    Like I said, I don't get these people.
    Never gotten laid off by a poor person.
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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Kill the kids (end CHIP), kill the elderly (cut/end Medicare). Death panels! Works for me.
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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Quote Originally Posted by FadeToBlack&Gold View Post
    Kill the kids (end CHIP), kill the elderly (cut/end Medicare). Death panels! Works for me.
    At least the GOP is finally not even hiding anymore. This has been what they have wanted since we expanded social programs in the first place. They hid behind so many lies for so long, but finally they are so confident that they are telling a measure of the truth.

    If the voters don't destroy them they get what they deserve.
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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Competing tax plans using Roger Goodell's $40,000,000 annual salary as the base.

    The Green Option:
    40,000,000 - 50,000 (locality index est) = $39,950,000 taxable income

    Tax on 1st million at 15% = $150,000
    Tax on next $9 million @ 25% = $2,250,000
    tax on remainder @ 35% = $10,482,500

    Total federal tax bill = $12,882,500
    or an effective rate of 32.2%

    The Red Option:

    Tax on 1st million at 15% = $150,000
    Tax on next $9 million @ 45% = $4,050,000
    Tax on remaining 29,950,00 @ 75% = $16,846,875

    Total federal tax bill on $40,000,000 = $21,046,875, an effective rate of 52.6%

    Green (me) wants revenue and does not want the taxpayer to try and hide stuff.

    IMO, Red (Kep) is punitive.

    I want the plan to be revenue neutral or slightly + to the current plan. If the government gets a big influx of cash, they'll spend it (unwisely).

  12. #52
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    Quote Originally Posted by Kepler View Post
    You'll also be promoted every couple years for the same reason privates became generals during WW1. :-)
    Couple years? Every three months at this rate. Our retention goal is 35% for the fiscal year and we're scraping that at 32.4.

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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Quote Originally Posted by joecct View Post
    Competing tax plans using Roger Goodell's $40,000,000 annual salary as the base.

    The Green Option:
    40,000,000 - 50,000 (locality index est) = $39,950,000 taxable income

    Tax on 1st million at 15% = $150,000
    Tax on next $9 million @ 25% = $2,250,000
    tax on remainder @ 35% = $10,482,500

    Total federal tax bill = $12,882,500
    or an effective rate of 32.2%

    The Red Option:

    Tax on 1st million at 15% = $150,000
    Tax on next $9 million @ 45% = $4,050,000
    Tax on remaining 29,950,00 @ 75% = $16,846,875

    Total federal tax bill on $40,000,000 = $21,046,875, an effective rate of 52.6%

    Green (me) wants revenue and does not want the taxpayer to try and hide stuff.

    IMO, Red (Kep) is punitive.

    I want the plan to be revenue neutral or slightly + to the current plan. If the government gets a big influx of cash, they'll spend it (unwisely).
    Red is not punitive. Red isn't even Eisenhower-era rates.

    Poor Roger, how ever will he feed and house his family on a measly $21 million/yr earned from a job that mostly amounts to shaking hands with a lot of other wealthy people? But he's a job creator!
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    Quote Originally Posted by FadeToBlack&Gold View Post
    Red is not punitive. Red isn't even Eisenhower-era rates.

    Poor Roger, how ever will he feed and house his family on a measly $21 million/yr earned from a job that mostly amounts to shaking hands with a lot of other wealthy people? But he's a job creator!
    The Code prior to the 86 reforms had more dodges in it so very very few paid the top rate. There was income (5 yr) averaging and much larger interest deduction to name a few.

    By minimizing deductions, you should raise taxable income and a rate > 50% should not be needed.

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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Quote Originally Posted by ShirtlessBob View Post
    Couple years? Every three months at this rate. Our retention goal is 35% for the fiscal year and we're scraping that at 32.4.
    This blows we away. The annual retention rate for my program (let alone my company) has been > 95% for over 25 years. Of 50 FTE we have 12 who have been here > 20 years. I'm at 12 years and am regarded as a newbie.

    Of the people I started work with who are no longer here, about 20% left because they died.

    This is, I gather, a very weird arrangement by contemporary standards.
    Last edited by Kepler; 12-07-2017 at 10:07 PM.
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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Quote Originally Posted by ShirtlessBob View Post
    I work for Tyson Foods. I've noticed that our team member entrance is a revolving door. How appropriate.

    Basically, as long as I show up, work safe, work clean... I'll have job security for the next 30 years.
    until we all switch to eating soylent green
    a legend and an out of work bum look a lot alike, daddy.

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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Today’s tax cuts have no bipartisan support. They have no intellectual grounding, no body of supporting evidence. They do not respond to the central crisis of our time. They have no vision of the common good, except that Republican donors should get more money and Democratic donors should have less.

    The rot afflicting the G.O.P. is comprehensive — moral, intellectual, political and reputational. More and more former Republicans wake up every day and realize: “I’m homeless. I’m politically homeless.”
    https://www.nytimes.com/2017/12/07/o...imes&smtyp=cur
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  18. #58

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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    David Brooks realizes something any objective and marginally intelligent person has been aware of since 1994.

    Welp, better late than never I guess.
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    We are lost w/o bill Buckley

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    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    Quote Originally Posted by mookie1995 View Post
    We are lost w/o bill Buckley
    Buckley called bullsh-t on these people right from the start. He was persona non grata among the knucks for the last decade of his life (he died in 2008). He loathed them.
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