To elaborate I don't think there should be a cut off point for earning that'd be idiotic. The dominican republic ain't that far away.
My family owns land in the DR
Tu Stultus Es
Can I holiday there for free?
As far as I can tell, that's just some guy complaining that he's "so-o-o-o" underappreciated for managing the wealth of other people.JohnG@lt wrote:
Interesting email I got today...We are Wall Street. It's our job to make money. Whether it's a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn't matter. We would trade baseball cards if it were profitable. I didn't hear America complaining when the market was roaring to 14,000 and everyone's 401k doubled every 3 years. Just like gambling, its not a problem until you lose. I've never heard of anyone going to Gamblers Anonymous because they won too much in Vegas.
Well now the market crapped out, & even though it has come back somewhat, the government and the average Joes are still looking for a scapegoat. God knows there has to be one for everything. Well, here we are.
Go ahead and continue to take us down, but you're only going to hurt yourselves. What's going to happen when we can't find jobs on the Street anymore? Guess what: We're going to take yours. We get up at 5am & work till 10pm or later. We're used to not getting up to pee when we have a position. We don't take an hour or more for a lunch break. We don't demand a union. We don't retire at 50 with a pension. We eat what we kill, and when the only thing left to eat is on your dinner plates, we'll eat that.
For years teachers and other unionized labor have had us fooled. We were too busy working to notice. Do you really think that we are incapable of teaching 3rd graders and doing landscaping? We're going to take your cushy jobs with tenure and 4 months off a year and whine just like you that we are so-o-o-o underpaid for building the youth of America. Say goodbye to your overtime and double time and a half. I'll be hitting grounders to the high school baseball team for $5k extra a summer, thank you very much.
So now that we're going to be making $85k a year without upside, Joe Mainstreet is going to have his revenge, right? Wrong! Guess what: we're going to stop buying the new 80k car, we aren't going to leave the 35 percent tip at our business dinners anymore. No more free rides on our backs. We're going to landscape our own back yards, wash our cars with a garden hose in our driveways. Our money was your money. You spent it. When our money dries up, so does yours.
The difference is, you lived off of it, we rejoiced in it. The Obama administration and the Democratic National Committee might get their way and knock us off the top of the pyramid, but it's really going to hurt like hell for them when our fat a**es land directly on the middle class of America and knock them to the bottom.
We aren't dinosaurs. We are smarter and more vicious than that, and we are going to survive. The question is, now that Obama & his administration are making Joe Mainstreet our food supply…will he? and will they?
its afew acres next to the beach with no buildingsjord wrote:
Can I holiday there for free?
Tu Stultus Es
I see a lot of these offshore accounts. The money there is never idle. It's always invested into something.Vilham wrote:
The loss from inflation < the tax that will be charged on it. Hence why offshore accounts exist.JohnG@lt wrote:
If it sits idle in an offshore account, it gets eaten away by inflation until it dwindles to nothing. Rich people understand this, which is why money never sits idle and is always reinvested somewhere. The idea of billions of dollars sitting idle in savings accounts is laughable.Vilham wrote:
Haha, no it doesn't, it sits in some fat cats offshore account.
once upon a midnight dreary, while i pron surfed, weak and weary, over many a strange and spurious site of ' hot xxx galore'. While i clicked my fav'rite bookmark, suddenly there came a warning, and my heart was filled with mourning, mourning for my dear amour, " 'Tis not possible!", i muttered, " give me back my free hardcore!"..... quoth the server, 404.
Ill sleep on a beach, I was living out my car 2 weeks back...
Ill pick shells and sell them.
Ill pick shells and sell them.
Exactly - why should it? You can certainly leave this stuff in large interest savings accounts, but a large portion will always stay in the system moving around and a reserve sitting in a savings account. Like John and Max said, this stuff moves around A LOT.max wrote:
I see a lot of these offshore accounts. The money there is never idle. It's always invested into something.Vilham wrote:
The loss from inflation < the tax that will be charged on it. Hence why offshore accounts exist.JohnG@lt wrote:
If it sits idle in an offshore account, it gets eaten away by inflation until it dwindles to nothing. Rich people understand this, which is why money never sits idle and is always reinvested somewhere. The idea of billions of dollars sitting idle in savings accounts is laughable.
Why wait until you've made enough State side?...Pug wrote:
Yep, once you've made enough money in the United States, the next step is to make more money outside of the United States.
Nothing wrong with income related taxes imo...
The rich who have more, pay more...
The rich who have more, pay more...
Your thoughts, insights, and musings on this matter intrigue me
And they do!FloppY_ wrote:
Nothing wrong with income related taxes imo...
The rich who have more, pay more...
The top 1% of earners paid 40% of all collected income tax in 2007.
So what, I'm talking about the top 25%SenorToenails wrote:
And they do!FloppY_ wrote:
Nothing wrong with income related taxes imo...
The rich who have more, pay more...
The top 1% of earners paid 40% of all collected income tax in 2007.
Your thoughts, insights, and musings on this matter intrigue me
Andorra vs belize vs switzerland in a battle of tax havens, make the thread on which is best
321 go!
321 go!
You must claim this land and build a home or casino on it...eleven bravo wrote:
its afew acres next to the beach with no buildingsjord wrote:
Can I holiday there for free?
I stood in line for four hours. They better give me a Wal-Mart gift card, or something. - Rodney Booker, Job Fair attendee.
Was this guy joking.. I hope so because I was laughing my ass off...
here is my favorite part
"Guess what: we're going to stop buying the new 80k car, we aren't going to leave the 35 percent tip at our business dinners anymore. No more free rides on our backs. We're going to landscape our own back yards, wash our cars with a garden hose in our driveways. Our money was your money. You spent it. When our money dries up, so does yours."
Let's break it down one step at a time
1. 80k car... probably foreign anyway... with less wage may be he'll buy an american built
2. 35 percent tip.... whatever, you shouldn't be able to write it off anyway
3. We're going to landscape our own back yards, wash our cars with a garden hose in our driveways... Really? all by yourself, what a joke, these guys probably hire illegals to that work anyway... better a citizen does the work even if he does it himself.
and finally
4. "Our money was your money. You spent it. When our money dries up, so does yours"... close but it should have read... "I took your money, you could have spent your money but I took it and spent it on myself because your money IS my money and I feel entitled. and now that I'm not getting your money anymore I'm gonna whine like hell because in reality I was just a useless middleman and who else is going to let me take and spend their money."
These guys are useless parasites... they don't create anything, they just take a cut off of what others produce. If these guys disappear totally the net effect to the economy will be zero.
zero from zero is zero. This guy is a complete zero.
here is my favorite part
"Guess what: we're going to stop buying the new 80k car, we aren't going to leave the 35 percent tip at our business dinners anymore. No more free rides on our backs. We're going to landscape our own back yards, wash our cars with a garden hose in our driveways. Our money was your money. You spent it. When our money dries up, so does yours."
Let's break it down one step at a time
1. 80k car... probably foreign anyway... with less wage may be he'll buy an american built
2. 35 percent tip.... whatever, you shouldn't be able to write it off anyway
3. We're going to landscape our own back yards, wash our cars with a garden hose in our driveways... Really? all by yourself, what a joke, these guys probably hire illegals to that work anyway... better a citizen does the work even if he does it himself.
and finally
4. "Our money was your money. You spent it. When our money dries up, so does yours"... close but it should have read... "I took your money, you could have spent your money but I took it and spent it on myself because your money IS my money and I feel entitled. and now that I'm not getting your money anymore I'm gonna whine like hell because in reality I was just a useless middleman and who else is going to let me take and spend their money."
These guys are useless parasites... they don't create anything, they just take a cut off of what others produce. If these guys disappear totally the net effect to the economy will be zero.
zero from zero is zero. This guy is a complete zero.
Obama's statement seems a bit hypocritical considering the cost of his election campaign!
"The total cost of the presidential race could be as much as $2.4bn, according to the Centre for Responsive Politics, a Washington-based organisation that tracks political fundraising."
Source: http://www.guardian.co.uk/world/2008/oc … undraising
"The total cost of the presidential race could be as much as $2.4bn, according to the Centre for Responsive Politics, a Washington-based organisation that tracks political fundraising."
Source: http://www.guardian.co.uk/world/2008/oc … undraising
@dyk
Rather than go through every single one of your 'points' and tell you how wrong you are, I am just going to focus on the car one.
Aside from there being luxury American brands like Lexus, a person who buys a foreign car still helps emply a bunch of people in the U.S..
First there are the people who unload the cars from the ships that transport them. Second there are the people who are paid to transport the cars to dealerships. Third there are the techs who get paid to make sure the car is in proper working order to be sold. Third are the salesmen who get paid on commision and depend on each car sold to make a living. Finally there are the people who are paid to service the cars like the techs. Whenever a car gets serviced a dealership gets to keep sometimes dozens of people employed. Since the only money going back to Corps everytime a service is performed is in parts the labour cost is dispensed mostly to the techs who get paid by how much work they perform. Figure in gas, tolls, and car reg and inspection and the state gets to make a good bit of tax money that is used to support social programs. Finally those cars you see on a showroom aren't owned by Lexus, GM, BMW etc. They are owned the owner of the dealership who buys them with loans from banks. With the exception of very expensive cars, companies and dealerships don't make much off of car sales, hence why they try to move millions of cars instead of only a few thounds, since the markup is low the dealer relys on labour cost to survive and the Corp. Trys to move millions of cars.
Tl;dr you don't know what you are talking about.
Rather than go through every single one of your 'points' and tell you how wrong you are, I am just going to focus on the car one.
Aside from there being luxury American brands like Lexus, a person who buys a foreign car still helps emply a bunch of people in the U.S..
First there are the people who unload the cars from the ships that transport them. Second there are the people who are paid to transport the cars to dealerships. Third there are the techs who get paid to make sure the car is in proper working order to be sold. Third are the salesmen who get paid on commision and depend on each car sold to make a living. Finally there are the people who are paid to service the cars like the techs. Whenever a car gets serviced a dealership gets to keep sometimes dozens of people employed. Since the only money going back to Corps everytime a service is performed is in parts the labour cost is dispensed mostly to the techs who get paid by how much work they perform. Figure in gas, tolls, and car reg and inspection and the state gets to make a good bit of tax money that is used to support social programs. Finally those cars you see on a showroom aren't owned by Lexus, GM, BMW etc. They are owned the owner of the dealership who buys them with loans from banks. With the exception of very expensive cars, companies and dealerships don't make much off of car sales, hence why they try to move millions of cars instead of only a few thounds, since the markup is low the dealer relys on labour cost to survive and the Corp. Trys to move millions of cars.
Tl;dr you don't know what you are talking about.
Don't sell too many though..jord wrote:
Ill sleep on a beach, I was living out my car 2 weeks back...
Ill pick shells and sell them.
Lexus is Toyota.
People can bicker all they want to over green pieces of paper. It doesn't really matter to me, nor would I have any power to do anything about it, if for some reason it did.
Yah, but that won't change the fact that people produce things and make money. They then put their money in a bank or invest it. All these banker, hedge fund, investment guys do us take a percentage of our money. If these guys are forced to take a lesser amount, the effect on the overall economy is nil. Why? because that money doesn't evaporate, it remains in the persons account where its available for them to spend instead of the whiny greedy middleman.Marlo Stanfield wrote:
@dyk
Rather than go through every single one of your 'points' and tell you how wrong you are, I am just going to focus on the car one.
Aside from there being luxury American brands like Lexus, a person who buys a foreign car still helps emply a bunch of people in the U.S..
First there are the people who unload the cars from the ships that transport them. Second there are the people who are paid to transport the cars to dealerships. Third there are the techs who get paid to make sure the car is in proper working order to be sold. Third are the salesmen who get paid on commision and depend on each car sold to make a living. Finally there are the people who are paid to service the cars like the techs. Whenever a car gets serviced a dealership gets to keep sometimes dozens of people employed. Since the only money going back to Corps everytime a service is performed is in parts the labour cost is dispensed mostly to the techs who get paid by how much work they perform. Figure in gas, tolls, and car reg and inspection and the state gets to make a good bit of tax money that is used to support social programs. Finally those cars you see on a showroom aren't owned by Lexus, GM, BMW etc. They are owned the owner of the dealership who buys them with loans from banks. With the exception of very expensive cars, companies and dealerships don't make much off of car sales, hence why they try to move millions of cars instead of only a few thounds, since the markup is low the dealer relys on labour cost to survive and the Corp. Trys to move millions of cars.
Tl;dr you don't know what you are talking about.
The bottom line is that the money stays with the person who gets to decide how to spend it. The only difference is that it won't be spent in NYC or Chicaago unless the person who owns the account lives there. Instead it will be spent on main street america. My argument is simple, I prefer to have my money remain with me, IMO we should pay less for their services. Just like I prefer lower taxes so that more of my money remains with me.
Like I said the guy who wrote this is a whiny little B'tch, wah wah I wanna live the high life on your money.... and BTW you really don't know what you are talking about but your Wall Street bias is really showing.
EDIT: I just had to add "Tl;dr you don't know what you are talking about".... really? seriously? you know for fact that I don't know what I'm talking about but you didn't bother to read it... who are you W. Bush? btw this is DST
Last edited by Diesel_dyk (2010-04-29 18:39:35)
Macbeth wrote:
Aside from there being luxury American brands like Lexus
Русский военный корабль, иди на хуй!
CC-Marley wrote:
Lexus is Toyota.
Putting pressure on rich people with taxes just because they're rich isn't going to help the job base expand.Vilham wrote:
Not at all, but rich people will play people to launder their money, saying all the money rich people earns goes back into the system is plain fucking retarded.unnamednewbie13 wrote:
So by that line of reasoning axe the taxes and keep more money in America.Vilham wrote:
The loss from inflation < the tax that will be charged on it. Hence why offshore accounts exist.
...
(A little off topic)
Increasing the tax pressure will only raise more money to some point. The higher the taxes and the stronger they are enforced, the more people will cheat or just move away.
Currently Switzerland is getting massive immigration from (mainly) Germans that are just fed up with their tax system. Good for us. We get more taxes and a lot of qualified people. Not so good for Germany.
Increasing the tax pressure will only raise more money to some point. The higher the taxes and the stronger they are enforced, the more people will cheat or just move away.
Currently Switzerland is getting massive immigration from (mainly) Germans that are just fed up with their tax system. Good for us. We get more taxes and a lot of qualified people. Not so good for Germany.
once upon a midnight dreary, while i pron surfed, weak and weary, over many a strange and spurious site of ' hot xxx galore'. While i clicked my fav'rite bookmark, suddenly there came a warning, and my heart was filled with mourning, mourning for my dear amour, " 'Tis not possible!", i muttered, " give me back my free hardcore!"..... quoth the server, 404.