Gulfstream4 said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
I'm so old I remember when democrats didn't want to police the whole wide world. What changed?
Good question?
Gulfstream4 said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
I'm so old I remember when democrats didn't want to police the whole wide world. What changed?
SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
I'm really torn on this one. Ive been down on Russia from a very tender age. Their moves into Georgia, Chechnya, and now Ukraine sequence nicely with Hitler's moves into Austria, then Czechoslovakia, and then Poland. Ukraine does have a right of self-determination, a lot of wheat, and oil/minerals in the Black Sea and I hate seeing Russia possess that. Biden totally screwed this up, he's fighting a war, albeit mostly without US troops, piecemeal and escalatory….like we've learned nothing from Vietnam or Afghanistan.Gulfstream4 said:SmaptyWolf said:Lol, last time I checked we don't have a single boot on the ground in Ukraine, the Ukrainians are doing all of the bleeding. We're supporting Ukraine exactly because we don't want to be dragged into another war in Europe, and if we don't act now we most definitely will be. F'ing Sweden and Finland just joined NATO for a reason.GuerrillaPack said:But yet here you are telling us that Biden war-mongering with Russia and fueling the fire of the war in Ukraine is so "great". Biden the great "peace-maker" who is against war???SmaptyWolf said:
You do remember that the endless Afghan war raged all through Trump's presidency, right? It was Biden who had the moral strength to do what was right, knowing full well that getting out after 20 years would be a mess. So W T F are you talking about?
Biden with "moral strenth"....LMFAOOOOooooo
Republicans used to understand that, before you let Putin boil your brains with relentless propaganda. Sad!
Tell me, besides Putin bad, what does the U. S. gain by supporting Ukraine? What strategic advantage do we gain in this never ending war?
Oldsouljer said:I'm really torn on this one. Ive been down on Russia from a very tender age. Their moves into Georgia, Chechnya, and now Ukraine sequence nicely with Hitler's moves into Austria, then Czechoslovakia, and then Poland. Ukraine does have a right of self-determination, a lot of wheat, and oil/minerals in the Black Sea and I hate seeing Russia possess that. Biden totally screwed this up, he's fighting a war, albeit mostly without US troops, piecemeal and escalatory….like we've learned nothing from Vietnam or Afghanistan.Gulfstream4 said:SmaptyWolf said:Lol, last time I checked we don't have a single boot on the ground in Ukraine, the Ukrainians are doing all of the bleeding. We're supporting Ukraine exactly because we don't want to be dragged into another war in Europe, and if we don't act now we most definitely will be. F'ing Sweden and Finland just joined NATO for a reason.GuerrillaPack said:But yet here you are telling us that Biden war-mongering with Russia and fueling the fire of the war in Ukraine is so "great". Biden the great "peace-maker" who is against war???SmaptyWolf said:
You do remember that the endless Afghan war raged all through Trump's presidency, right? It was Biden who had the moral strength to do what was right, knowing full well that getting out after 20 years would be a mess. So W T F are you talking about?
Biden with "moral strenth"....LMFAOOOOooooo
Republicans used to understand that, before you let Putin boil your brains with relentless propaganda. Sad!
Tell me, besides Putin bad, what does the U. S. gain by supporting Ukraine? What strategic advantage do we gain in this never ending war?
Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
WW3 starts with Belarus going into Ukraine or China going into Taiwan. We would back Israel if Iran did something stupid, but they are gun shy at the moment as they are shrouded in mistrust over their leaders assassinations. Iran knows thats a losing effort at the moment, so I dont expect them to do more than sabre rattle.Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
Kamala couldn’t find enough supporters to attend her rally so she had to bus them in from out of state. pic.twitter.com/WOPpKwuq7z
— 𝕯𝖊𝖆𝖉 𝖂𝖎𝖓𝖌𝖘 🏝️🛩️ (@suburbangrl73) September 5, 2024
FlossyDFlynt said:WW3 starts with Belarus going into Ukraine or China going into Taiwan. We would back Israel if Iran did something stupid, but they are gun shy at the moment as they are shrouded in mistrust over their leaders assassinations. Iran knows thats a losing effort at the moment, so I dont expect them to do more than sabre rattle.Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
While its as close as its been in my lifetime, I dont think itll actually happen.
China has real internal issues right now, such that I don't know that they can go for a risky undertaking like a shot at Taiwan just now. There's no doubt that China could use a foreign diversion….but that could be a run-in with Indiia in the Himalayas or an assault against Vietnam, with whom relations have been going south.FlossyDFlynt said:WW3 starts with Belarus going into Ukraine or China going into Taiwan. We would back Israel if Iran did something stupid, but they are gun shy at the moment as they are shrouded in mistrust over their leaders assassinations. Iran knows thats a losing effort at the moment, so I dont expect them to do more than sabre rattle.Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
While its as close as its been in my lifetime, I dont think itll actually happen.
Their internal issues are a big part of my concern. They are going to have a massive population issue in 15-20 years and Xi may think, "its now or never"Oldsouljer said:China has real internal issues right now, such that I don't know that they can go for a risky undertaking like a shot at Taiwan just now. There's no doubt that China could use a foreign diversion….but that could be a run-in with Indiia in the Himalayas or an assault against Vietnam, with whom relations have been going south.FlossyDFlynt said:WW3 starts with Belarus going into Ukraine or China going into Taiwan. We would back Israel if Iran did something stupid, but they are gun shy at the moment as they are shrouded in mistrust over their leaders assassinations. Iran knows thats a losing effort at the moment, so I dont expect them to do more than sabre rattle.Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
While its as close as its been in my lifetime, I dont think itll actually happen.
BREAKING: Former Democratic Majority Leader Gloria Romero has switched parties to become a Republican 🇺🇸 pic.twitter.com/Iym2xFlbX7
— The Steve Hilton Show (@SteveHiltonShow) September 4, 2024
China may make a move first on the Philippines in some way, maybe not kinetic but in some way economically possibly.FlossyDFlynt said:WW3 starts with Belarus going into Ukraine or China going into Taiwan. We would back Israel if Iran did something stupid, but they are gun shy at the moment as they are shrouded in mistrust over their leaders assassinations. Iran knows thats a losing effort at the moment, so I dont expect them to do more than sabre rattle.Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
While its as close as its been in my lifetime, I dont think itll actually happen.
I know you and I don't agree on this issue but I will once again offer that Russia has been under pressure from the West's Shadow Govt (essentially the Central Banker Rothschild group. Putin has resisted their attempts to embed themselves into the Russian economy. This is why he's the convenient boogey man for our Corporate controlled mockingbird media. The CIA's color revolution in Ukraine in 2014 was the start of the Ukraine War. We've attempted to surround him and control access to his warm water shipping ports.Oldsouljer said:China has real internal issues right now, such that I don't know that they can go for a risky undertaking like a shot at Taiwan just now. There's no doubt that China could use a foreign diversion….but that could be a run-in with Indiia in the Himalayas or an assault against Vietnam, with whom relations have been going south.FlossyDFlynt said:WW3 starts with Belarus going into Ukraine or China going into Taiwan. We would back Israel if Iran did something stupid, but they are gun shy at the moment as they are shrouded in mistrust over their leaders assassinations. Iran knows thats a losing effort at the moment, so I dont expect them to do more than sabre rattle.Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
While its as close as its been in my lifetime, I dont think itll actually happen.
Cthepack said:First you do not understand why people would use different types of mortgages, then you call a poster stupid but takes you 4 edits to do it, and now you make a terrible assumption. SMH. By the way as long as value is being developed it is not a zero sum game.SmaptyWolf said:Cthepack said:Civilized said:Cthepack said:Civilized said:hokiewolf said:
It's comical that you think just taxing the rich is a solution to address the debt. Neither party has real solutions because they are bad politics.
Honest question, did Smapty say that taxing the rich would solve the deficit problem?
Taxing the Uber-wealthy isn't a panacea but it needs to happen and will help. We can argue about the specifics - challenges and hangups of taxing unrealized gains, capital gains debates, etc. - but there's no reason for elite earners to be taxed at significantly lower effective rates than normal folks.
If Bill ****ing Clinton can balance the budget, so can the rest of them.
The Uber rich are taxed under the same tax laws as everyone in the US right?
LOLOL. Have you seen how dense the IRS code is? Yeah, everyone is taxed using the same code but that code doesn't treat the tax situations of someone making $50k in a given tax year vs. $5MM or $50MM remotely the same.
Obviously corporations and the uber-wealthy are taxed at different effective rates because their revenue streams, allowable deductions, and available shelters are completely different than someone that's making money working gigs or is a W2 employee.
So people are required to work as a W2? Or working gigs? And these people do not have access to the same deductions, revenue streams and shelters?
Lol, yes! You seriously think that every single person in the country can be a millionaire rock star at the same time if they work hard enough? That's not how economies work. It's a zero sum game... someone has to scrub the toilets or the country will collapse.
And please not at all hard to be a millionaire. Save early, invest, reinvest any gains/dividends and hope the government does not take taxes on unrealized gains. Easy to do!
It's the "carowhina way.."Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
Xi has reason indeed to think that but like a lot of dictators, his focus is near term survival. Putin for example, isn't at all worried about the vast demographic and economic damage his latest adventure is inflicting on Russia. He's willing to chance paying a price down the road over absolutely paying a price right now if he were to turn back, which is why he can't turn back. You may very well be right about Xi but if he fails to win a quick conquest on Taiwan, his end is a lot nearer, than it would be if he waited. It's really hard to say how he might jump.FlossyDFlynt said:Their internal issues are a big part of my concern. They are going to have a massive population issue in 15-20 years and Xi may think, "its now or never"Oldsouljer said:China has real internal issues right now, such that I don't know that they can go for a risky undertaking like a shot at Taiwan just now. There's no doubt that China could use a foreign diversion….but that could be a run-in with Indiia in the Himalayas or an assault against Vietnam, with whom relations have been going south.FlossyDFlynt said:WW3 starts with Belarus going into Ukraine or China going into Taiwan. We would back Israel if Iran did something stupid, but they are gun shy at the moment as they are shrouded in mistrust over their leaders assassinations. Iran knows thats a losing effort at the moment, so I dont expect them to do more than sabre rattle.Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
While its as close as its been in my lifetime, I dont think itll actually happen.
Its kind of how I look at Ukraines push into Kursk. While it is currently working, it smells of a desperate move. It may well work in the end, but itll be catastrophic if it fails
WHOA!!!!
— Donna ✞ GodFamily🇺🇸Music🎶 WalkByFAITHnotBySight (@mdZvqPln) September 7, 2024
Alan Dershowitz....
Seems to have found
"The last straw..."
Disgusted about the DNC
Convention
LEAVES
THE DEMOCRATIC PARTY
saying...
"I am no longer a Democrat" https://t.co/zzd7ew0Ze7
KAMALA HARRIS: "We believe in the collective!" pic.twitter.com/xW3G6vLZSl
— Townhall.com (@townhallcom) August 8, 2024
We are individuals, with individual relations and values. The collective is pernicious illusion; it is map, not territory, only useful for contingent estimation. Never let it distract you from the truth of the individual. Losing sight of the individual leads to atrocity. pic.twitter.com/rlQWsaKMLX
— apotheon (Me Actual) (@apotheon) September 2, 2024
Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
BBW12OG said:It's the "carowhina way.."Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
If y'all haven't figured out yet... I was correct with calling this clown out. He is a unc-cheat homer that posts here and on what used to the the zzl-politics site.
He's nothing but a troll....
He's doing the same thing here that "manilish" or whatever his name did back when it was all over national news about the football/academic scandal at unc...
He should be ignored. He's playing the damn board for fools and we are all biting when we reply.
That is one of the main reasons I have stopped posting so much. It's a damn joke to him and his "comrades."
Just STOP engaging with him. We were made to look like fools on 850 "The Buzz", 610 "The Fan" and even on ESPN when "manilish" revealed that he had trolled the entire NCSU fan base for over a year with fake info that even the powers that be that ran the site bought into.
Just STOP.
SmaptyWolf said:Gulfstream4 said:SmaptyWolf said:ncsupack1 said:
My question is why can't Europe handle this situation on their own? I'll hang up and listen.
If you can't comprehend why a war in Europe involving NATO allies would have a massive negative effect on us financially (never mind that we would actually be dragged into WW3 for real), then you should probably volunteer to not have an opinion on the topic.
If we end up in WW 3, it's going to be in the Middle East, not Eastern Europe.
And why are you such a condescending ***** on every single post. Can't you have a discussion without acting like an ahole?
Lol, is that what you think is happening on the Water Cooler? A "discussion"? Civ and a very tiny handful of others on here are attempting to have a rational and respectful discussion. The rest of you are literally the "torch and pitchforks" mob... full of rage and a shocking level of ignorance, set lose by bad actors who have filled your heads with years of cartoonish nonsense.
You took over the Water Cooler like it's your private 4Chan forum, a Satanic middle school where you spew nonstop right wing bile like it's your job, on a f'ing sports website. Anyone who walks in the door who doesn't nod along with you is immediately labeled a troll and/or a Marxist enemy. Of course you're the perpetual victims, so you'll never be able to comprehend what massive *****s you in fact are on every single post.
I do my best to focus on communicating to other readers why the stuff you guys are saying is mostly nonsense, but unlike Civ I don't have the patience of Job. You guys are literally THE WORST and deserve every ounce of condescension anyone can heap back on you.
Have a nice day!
SmaptyWolf said:
Lol, is that what you think is happening on the Water Cooler? A "discussion"? Civ and a very tiny handful of others on here are attempting to have a rational and respectful discussion. The rest of you are literally the "torch and pitchforks" mob... full of rage and a shocking level of ignorance, set lose by bad actors who have filled your heads with years of cartoonish nonsense.
You took over the Water Cooler like it's your private 4Chan forum, a Satanic middle school where you spew nonstop right wing bile like it's your job, on a f'ing sports website. Anyone who walks in the door who doesn't nod along with you is immediately labeled a troll and/or a Marxist enemy. Of course you're the perpetual victims, so you'll never be able to comprehend what massive *****s you in fact are on every single post.
I do my best to focus on communicating to other readers why the stuff you guys are saying is mostly nonsense, but unlike Civ I don't have the patience of Job. You guys are literally THE WORST and deserve every ounce of condescension anyone can heap back on you.
Have a nice day!
my understanding is that this will also includes folks who have over $1M in assets in the market could be subject to the new future capital gains tax, which is not a tiny subset of people - 401k investors for example. That's a lot of people who sacrificed creature comforts to be responsible in retirement and are now going to be penalized for doing the right thing.Civilized said:Cthepack said:First you do not understand why people would use different types of mortgages, then you call a poster stupid but takes you 4 edits to do it, and now you make a terrible assumption. SMH. By the way as long as value is being developed it is not a zero sum game.SmaptyWolf said:Cthepack said:Civilized said:Cthepack said:Civilized said:hokiewolf said:
It's comical that you think just taxing the rich is a solution to address the debt. Neither party has real solutions because they are bad politics.
Honest question, did Smapty say that taxing the rich would solve the deficit problem?
Taxing the Uber-wealthy isn't a panacea but it needs to happen and will help. We can argue about the specifics - challenges and hangups of taxing unrealized gains, capital gains debates, etc. - but there's no reason for elite earners to be taxed at significantly lower effective rates than normal folks.
If Bill ****ing Clinton can balance the budget, so can the rest of them.
The Uber rich are taxed under the same tax laws as everyone in the US right?
LOLOL. Have you seen how dense the IRS code is? Yeah, everyone is taxed using the same code but that code doesn't treat the tax situations of someone making $50k in a given tax year vs. $5MM or $50MM remotely the same.
Obviously corporations and the uber-wealthy are taxed at different effective rates because their revenue streams, allowable deductions, and available shelters are completely different than someone that's making money working gigs or is a W2 employee.
So people are required to work as a W2? Or working gigs? And these people do not have access to the same deductions, revenue streams and shelters?
Lol, yes! You seriously think that every single person in the country can be a millionaire rock star at the same time if they work hard enough? That's not how economies work. It's a zero sum game... someone has to scrub the toilets or the country will collapse.
And please not at all hard to be a millionaire. Save early, invest, reinvest any gains/dividends and hope the government does not take taxes on unrealized gains. Easy to do!
No, it's not easy to become a millionaire for most people and it's not because they're dumb or lazy.
But regardless the tax proposal in question that targets very high earners applies to households earning over a million dollars per year, which is a tiny subset of people that are millionaires according to the assets on their PFS.
hokiewolf said:my understanding is that this will also includes folks who have over $1M in assets in the market could be subject to the new future capital gains tax, which is not a tiny subset of people - 401k investors for example. That's a lot of people who sacrificed creature comforts to be responsible in retirement and are now going to be penalized for doing the right thing.Civilized said:Cthepack said:First you do not understand why people would use different types of mortgages, then you call a poster stupid but takes you 4 edits to do it, and now you make a terrible assumption. SMH. By the way as long as value is being developed it is not a zero sum game.SmaptyWolf said:Cthepack said:Civilized said:Cthepack said:Civilized said:hokiewolf said:
It's comical that you think just taxing the rich is a solution to address the debt. Neither party has real solutions because they are bad politics.
Honest question, did Smapty say that taxing the rich would solve the deficit problem?
Taxing the Uber-wealthy isn't a panacea but it needs to happen and will help. We can argue about the specifics - challenges and hangups of taxing unrealized gains, capital gains debates, etc. - but there's no reason for elite earners to be taxed at significantly lower effective rates than normal folks.
If Bill ****ing Clinton can balance the budget, so can the rest of them.
The Uber rich are taxed under the same tax laws as everyone in the US right?
LOLOL. Have you seen how dense the IRS code is? Yeah, everyone is taxed using the same code but that code doesn't treat the tax situations of someone making $50k in a given tax year vs. $5MM or $50MM remotely the same.
Obviously corporations and the uber-wealthy are taxed at different effective rates because their revenue streams, allowable deductions, and available shelters are completely different than someone that's making money working gigs or is a W2 employee.
So people are required to work as a W2? Or working gigs? And these people do not have access to the same deductions, revenue streams and shelters?
Lol, yes! You seriously think that every single person in the country can be a millionaire rock star at the same time if they work hard enough? That's not how economies work. It's a zero sum game... someone has to scrub the toilets or the country will collapse.
And please not at all hard to be a millionaire. Save early, invest, reinvest any gains/dividends and hope the government does not take taxes on unrealized gains. Easy to do!
No, it's not easy to become a millionaire for most people and it's not because they're dumb or lazy.
But regardless the tax proposal in question that targets very high earners applies to households earning over a million dollars per year, which is a tiny subset of people that are millionaires according to the assets on their PFS.
The fact that this is even a proposal from one of the parties is one of the most egregious and out of touch tax proposals I have ever seen. We want to encourage more investment, not less and this will certainly lead to less investment.
This is just like Harris lying about the corporate tax rate she is proposing. First she's calling it a cut, which it is not because Biden's really stupid 44% rate doesn't exist, the rate is 20% currently. 2nd, she says she is proposing a 28% rate, which is also not true, it's 33% with the surcharge. So, over a 50% increase in the corporate tax rate. Please explain to me how that is helpful.
For instance, the CHIPS act, that Sampty says is a win, and isn't because there will be NO production of 2mil-4mil chips in the US, and that's because even with subsidies to build plants and a 20% tax rate, it is still not cheap enough to produce the highest performing chips in the US, which I thought would have been the point of the CHIPS act, but it was not.
Putting an Intel plant in Ohio with zero infrastructure because a congressman wants to bring home the bacon is another reason why this act is a failure.
Throwing good money over bad to pick the winners, while filing the pockets of Democratic donors. A tradition like any other.
The White liberal is the worst enemy to America. pic.twitter.com/eLQ06NpBzI
— A Man Of Memes (@RickyDoggin) September 8, 2024
Cthepack said:
Exactly! You would think you should reward people that are going to be less of a burden in their retirment years than to punish them.
A person who starts investing in their early 20s investing about $300 a month will have over $1million invested by the time they retire. Like I said earlier not that hard to do. Do not have to work harder or be smarter just have to understand compound interest.
As Albert Einstein said: "Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't, pays it"
Werewolf said:
Good to see people waking up to the bull**** that's been sold to em' for at least fifty years.The White liberal is the worst enemy to America. pic.twitter.com/eLQ06NpBzI
— A Man Of Memes (@RickyDoggin) September 8, 2024
Patriots 1-0 held Joe Burrow to 164 yards pic.twitter.com/5xIcGe1YVF
— 💫 (@NewMediaSports_) September 8, 2024
Gulfstream4 said:Cthepack said:
Exactly! You would think you should reward people that are going to be less of a burden in their retirment years than to punish them.
A person who starts investing in their early 20s investing about $300 a month will have over $1million invested by the time they retire. Like I said earlier not that hard to do. Do not have to work harder or be smarter just have to understand compound interest.
As Albert Einstein said: "Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't, pays it"
The left see your money as their money. They want your money to buy votes with.
hokiewolf said:my understanding is that this will also includes folks who have over $1M in assets in the market could be subject to the new future capital gains tax, which is not a tiny subset of people - 401k investors for example. That's a lot of people who sacrificed creature comforts to be responsible in retirement and are now going to be penalized for doing the right thing.Civilized said:Cthepack said:First you do not understand why people would use different types of mortgages, then you call a poster stupid but takes you 4 edits to do it, and now you make a terrible assumption. SMH. By the way as long as value is being developed it is not a zero sum game.SmaptyWolf said:Cthepack said:Civilized said:Cthepack said:Civilized said:hokiewolf said:
It's comical that you think just taxing the rich is a solution to address the debt. Neither party has real solutions because they are bad politics.
Honest question, did Smapty say that taxing the rich would solve the deficit problem?
Taxing the Uber-wealthy isn't a panacea but it needs to happen and will help. We can argue about the specifics - challenges and hangups of taxing unrealized gains, capital gains debates, etc. - but there's no reason for elite earners to be taxed at significantly lower effective rates than normal folks.
If Bill ****ing Clinton can balance the budget, so can the rest of them.
The Uber rich are taxed under the same tax laws as everyone in the US right?
LOLOL. Have you seen how dense the IRS code is? Yeah, everyone is taxed using the same code but that code doesn't treat the tax situations of someone making $50k in a given tax year vs. $5MM or $50MM remotely the same.
Obviously corporations and the uber-wealthy are taxed at different effective rates because their revenue streams, allowable deductions, and available shelters are completely different than someone that's making money working gigs or is a W2 employee.
So people are required to work as a W2? Or working gigs? And these people do not have access to the same deductions, revenue streams and shelters?
Lol, yes! You seriously think that every single person in the country can be a millionaire rock star at the same time if they work hard enough? That's not how economies work. It's a zero sum game... someone has to scrub the toilets or the country will collapse.
And please not at all hard to be a millionaire. Save early, invest, reinvest any gains/dividends and hope the government does not take taxes on unrealized gains. Easy to do!
No, it's not easy to become a millionaire for most people and it's not because they're dumb or lazy.
But regardless the tax proposal in question that targets very high earners applies to households earning over a million dollars per year, which is a tiny subset of people that are millionaires according to the assets on their PFS.
The fact that this is even a proposal from one of the parties is one of the most egregious and out of touch tax proposals I have ever seen. We want to encourage more investment, not less and this will certainly lead to less investment.
This is just like Harris lying about the corporate tax rate she is proposing. First she's calling it a cut, which it is not because Biden's really stupid 44% rate doesn't exist, the rate is 20% currently. 2nd, she says she is proposing a 28% rate, which is also not true, it's 33% with the surcharge. So, over a 50% increase in the corporate tax rate. Please explain to me how that is helpful.
For instance, the CHIPS act, that Sampty says is a win, and isn't because there will be NO production of 2mil-4mil chips in the US, and that's because even with subsidies to build plants and a 20% tax rate, it is still not cheap enough to produce the highest performing chips in the US, which I thought would have been the point of the CHIPS act, but it was not.
Putting an Intel plant in Ohio with zero infrastructure because a congressman wants to bring home the bacon is another reason why this act is a failure.
Throwing good money over bad to pick the winners, while filing the pockets of Democratic donors. A tradition like any other.