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  • #46
    Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

    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.

    Comment


    • #47
      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
      **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

      Originally Posted by dropthatpuck-Scooby's a lost cause.
      Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

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      • #48
        Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

        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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        May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
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        When the giraffes start building radio telescopes they can join too.
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        • #49
          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.

          Comment


          • #50
            Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

            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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            • #51
              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).
              CCT '77 & '78
              4 kids
              5 grandsons (BCA 7/09, CJA 5/14, JDL 8/14, JFL 6/16, PJL 7/18)
              1 granddaughter (EML 4/18)

              ”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
              - Benjamin Franklin

              Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).

              I want to live forever. So far, so good.

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              • #52
                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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                • #53
                  Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                  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!

                  Comment


                  • #54
                    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.
                    CCT '77 & '78
                    4 kids
                    5 grandsons (BCA 7/09, CJA 5/14, JDL 8/14, JFL 6/16, PJL 7/18)
                    1 granddaughter (EML 4/18)

                    ”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
                    - Benjamin Franklin

                    Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).

                    I want to live forever. So far, so good.

                    Comment


                    • #55
                      Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                      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, 09:07 PM.
                      Cornell University
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                      ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
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                      • #56
                        Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                        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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                        • #57
                          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
                          **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

                          Originally Posted by dropthatpuck-Scooby's a lost cause.
                          Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

                          Comment


                          • #58
                            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.
                            Cornell University
                            National Champion 1967, 1970
                            ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                            Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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                            • #59
                              We are lost w/o bill Buckley
                              a legend and an out of work bum look a lot alike, daddy.

                              Comment


                              • #60
                                Re: Business, Economics & Tax Policy 6.0: Nope, it only found woven strands

                                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.
                                Cornell University
                                National Champion 1967, 1970
                                ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                                Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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