rich people passion

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  • 12-10-2012
    Mr.Magura
    Quote:

    Originally Posted by sxotty View Post
    Thanks man. Unfortunately from what I can tell they basically asked a bunch of people "How much money do you need to be happy" and that was the answer they got.

    I would prefer if they attempted to see "how happy are you" and "oh by the way how much do you make?"

    Given the median income is lower basically most people were saying "I need more money than I have to be happy." At least it could be construed that way. And yes I realize measuring happiness is fraught with difficulty anyway.

    I read it like they made a questionnaire about the level of happiness perceived, and asked about the income.

    I guess such a question will never be answered scientifically, as asking somebody who has never tried being wealthy, how wealthy they need to be to feel happy, is somewhat flawed, as the person has no idea what it would be like.
    When you ask people who are wealthy, you often get an answer in one of the extremes.
    Either they are going to fight all their life to gain more, and never be content, or they will tell you that they would be perfectly happy with a relatively modest income.

    Often it actually turns out to be a curse for people to have had a taste of being very wealthy. A good friend of mine just pretty much lost his family, cause he was too focused on making money. More often than not, there is a limit where people forget that money is not everything, nice to have, but sure not everything. At that point I see people gaining more frustration and loss than happiness, from increased income.


    Magura :)
  • 12-10-2012
    shibiwan
    Quote:

    Originally Posted by Mr.Magura View Post


    It's never enough considering all the stupid hobbies I got, and once I factor in the foster kids that my wife and I take in, it becomes impossible to even be "rich". LOL

    ....on a positive note, my house has tripled in value according to Zillow. :thumbsup:

    -S
  • 12-10-2012
    Rivet
    Quote:

    Originally Posted by irishpitbull View Post
    That's like saying a hot chicks elbows are pointy...:D

    No, the hot chicks got an even hotter sister named ZL1 that is way better in the sack....er on the track.
  • 12-10-2012
    mtbnozpikr
    Quote:

    Originally Posted by HAL 9000 View Post
    I'll politely disagree...

    This will be my 48th birthday present to myself in 2013 I'll be quite happy driving this to the trail head with my bike stowed neatly in the trunk = safe & stealth.

    Oh, wow. That's an absolutely amazing car. I bought a new 2013 Mustang GT with a stick a month ago today and dang it is hot. The new 5.0 runs circles around the 4.6 on all counts. Haven't driven a Shelby but until I do I can dream and congratulate those who have them or are getting them.:thumbsup:
  • 12-10-2012
    Jayem
    Quote:

    Originally Posted by SS Hack View Post
    At least Ford was able to "invent" overhead cam engines ... some American companies are still working on that. Even 1975 VW rabbits had overhead cams and a cool skateboard like truck rear end.

    Well, the pushrod engine takes a lot less space up up high in the bay, which is a benefit, and at the HP it's dolling out, it's not too shabby. Given the actual output, it's not a deal breaker for me, although overhead cams would be better. The suspension was a deal breaker for me though. The solid axle just bounces around too much on the mustang and requires a far stiffer ride to get anywhere near the same performance, but again when in the turns, it lets go, especially in real-world situations that aren't perfectly smooth. They've done all they can with it and a ZL1 (or equivalent camaro) is still faster around a track with less horsepower or less advantageous power to weight. Just not the "entire deal" as far as a sports car is concerned. The 2011s did at least look nice finally. Unfortunately you have to pay a lot more money with the mustangs to get similar packages to the other guys as well, like brakes, etc.
  • 12-11-2012
    HAL 9000
    Quote:

    Originally Posted by Rivet View Post
    No, the hot chicks got an even hotter sister named ZL1 that is way better in the sack....er on the track.

    :D

    2013 Ford Mustang Shelby GT500 vs. 2012 Chevrolet Camaro ZL1 – RoadandTrack.com

    Ford Shelby GT500 vs Chevrolet Camaro ZL1! - Head 2 Head Episode 11 - YouTube

    BTW I'm looking for a low mileage 2011 or 2012 I'm not paying $70K for a 2013.
  • 12-11-2012
    jerry68
    Quote:

    Originally Posted by shibiwan View Post
    mmmm a GT3. I rather see it pulling a trailer (I see the track tires on the trailer and hopefully the rest of the owner's track kit is inside the box) than being a "trailer-queen" GT3 that is carried to and from the track with a trailer.

    I've always said "Daily driver is a state of mind.".....and all my track cars thus far have fit that description.

    WTF bike is that on it anyhoo? Looks like a cheapie.

    I am betting Huffy/Pacific/Walmart bike just to ride around the pits at the track.
  • 12-11-2012
    shibiwan
    Quote:

    Originally Posted by jerry68 View Post
    I am betting Huffy/Pacific/Walmart bike just to ride around the pits at the track.

    Should have just strapped it on the trailer then.

    -S
  • 12-11-2012
    Mountain Cycle Shawn
    Or drag it behind.
  • 12-11-2012
    Rivet
    Quote:

    Originally Posted by HAL 9000 View Post

    Phuck it, buy a used C6 and have Lingenfelter turbocharge it.

    Awesome thread Hijack by the way
  • 12-11-2012
    shekky
    Quote:

    Originally Posted by Rivet View Post
    Phuck it, buy a used C6 and have Lingenfelter turbocharge it.

    Awesome thread Hijack by the way

    i couldn't be happier. from negativity and name calling to a pretty interesting discussion. great job, everyone! :thumbsup:
  • 12-12-2012
    HAL 9000
    Quote:

    Originally Posted by Rivet View Post
    Phuck it, buy a used C6 and have Lingenfelter turbocharge it.

    Awesome thread Hijack by the way

    I had a C4 Corvette a 1995 fully loaded both tops and the rare FX3 suspension option it was white with red leather interior just what a single 31yr old needed back then.

    It was fun but impractical for a daily driver and the insurance premiums were almost as high as the monthly payment and sadly I sold it eighteen months after I purchased it for something more "practical" :bluefrown:

    The C6 Z06's are in the $50K range even for a three year old model and $70K for a 2011 and once again the car is impractical for a daily driver and i don't want that high of a car payment albatross around my neck.

    I've done quite a bit of research and am a Ford man already with a 08' F450 and other Ford products in my past including a 85' SVO Mustang. The GT500 is exactly what I'm looking for rare enough that your not going to see one every day but not so rare that they are priced in the stratosphere for a pre-owned one either.

    2012 Ford Mustang Shelby GT500 Review: Obliterate Boredom | Rumble Seat by Dan Neil - WSJ.com

    World's Greatest Drag Race 2! - YouTube

    this one goes to 11! :D

    Ford Mustang Shelby GT500 Super Snake - 750 Horsepower ROAD TEST - YouTube
  • 12-12-2012
    Repack Rider
    I had a couple of wealthy friends who were mountain bikers. One had a drawer full of Rolex watches, a Rolls Royce and a couple of Harleys in the garage, and rode the cheapest POS MTB I could imagine, a King Sting.

    The other had a collection of some 60-odd personal bikes, had a frame builder on speed-dial when he needed a new one, and was otherwise so cheap that he took home all the little soap packages when he stayed in a hotel.
  • 12-12-2012
    Katz
    Quote:

    Originally Posted by Repack Rider View Post
    ...and was otherwise so cheap that he took home all the little soap packages when he stayed in a hotel.

    I share a common trait with a wealthy individual. Cool! :D
  • 12-12-2012
    stencil
    Quote:

    Originally Posted by Repack Rider View Post
    The other had a collection of some 60-odd personal bikes, had a frame builder on speed-dial when he needed a new one, and was otherwise so cheap that he took home all the little soap packages when he stayed in a hotel.

    Hey that saves like... $10 a year. In 10 years that's... $100. And stuff.
  • 12-12-2012
    PerfectZero
    Quote:

    Originally Posted by Repack Rider View Post
    he took home all the little soap packages when he stayed in a hotel.



    I think that's #4!
  • 12-12-2012
    50calray
    "Millionaire Next Door" would be a better book.

    The average millionaire doesn't get wrapped up in exotic cars and Yachts. I'm good friends with several Millionaires and most drive Chevy and Fords. A few drive older lower level high end cars like a C Class Mercedes and only one has anything higher class but they needed something to replace their 25yr old vehicle.
  • 12-12-2012
    SS Hack
    Quote:

    Originally Posted by stencil View Post
    Hey that saves like... $10 a year. In 10 years that's... $100. And stuff.

    But he's doing this in every aspect of his life, some rich people are rich because they're very good (cheap) with their money.
  • 12-12-2012
    stencil
    Quote:

    Originally Posted by SS Hack View Post
    But he's doing this in every aspect of his life, some rich people are rich because they're very good (cheap) with their money.

    What's the point of being rich if you can't enjoy it?
  • 12-12-2012
    HAL 9000
    Quote:

    Originally Posted by stencil View Post
    What's the point of being rich if you can't enjoy it?

    Silly Millions
  • 12-12-2012
    stencil
    Quote:

    Originally Posted by HAL 9000 View Post

    Hmm. I'll take the soap. :D
  • 12-12-2012
    SS Hack
    Quote:

    Originally Posted by stencil View Post
    What's the point of being rich if you can't enjoy it?

    Money is what these people enjoy and worship.
  • 12-12-2012
    stencil
    Quote:

    Originally Posted by SS Hack View Post
    Money is what these people enjoy and worship.

    I'lll take the toys!
  • 12-12-2012
    Mountain Cycle Shawn
    Quote:

    Originally Posted by SS Hack View Post
    Money is what these people enjoy and worship.

    And, the problem with that is?
  • 12-12-2012
    SS Hack
    Quote:

    Originally Posted by Mountain Cycle Shawn View Post
    And, the problem with that is?

    Nothing at all, as long as it doesn't destroy the environment and subjugate other people. Hey, everyone's gotta have a god. If money makes them feel good, why not?
  • 12-12-2012
    Salespunk
    Quote:

    Originally Posted by 50calray View Post
    "Millionaire Next Door" would be a better book.

    The average millionaire doesn't get wrapped up in exotic cars and Yachts. I'm good friends with several Millionaires and most drive Chevy and Fords. A few drive older lower level high end cars like a C Class Mercedes and only one has anything higher class but they needed something to replace their 25yr old vehicle.

    Significant difference between saving a $1-2M and earning a high income that leads to 10's of millions in the bank. Millionaire next door is a great roadmap for anyone to save their way to being a millionaire. That does not buy you a 7 series BMW and a 5000 sqft house.

    Compare that to someone making $500K/yr. They are taking home $300K and can afford the nice car and a decent but not extravagant house. Maybe an exotic car after 10-15 years of earning that income and being smart about investments. If you are getting into exotics that is the range of people making $1M+ and yachts (not a 30' sailboat) probably closer to $5M per year.

    What people don't realize is the real tax burden of people in that $250K+ income range. While it sounds like a lot of money the real buying power is relatively limited. Remember that the top 1% pay over 40% of all federal income taxes and only earn 18% of the income. The bottom 48% pay zero in federal income tax and receive the benefit of that disproportional payment structure.
  • 12-12-2012
    Mountain Cycle Shawn
    Quote:

    Originally Posted by SS Hack View Post
    Nothing at all, as long as it doesn't destroy the environment and subjugate other people. Hey, everyone's gotta have a god. If money makes them feel good, why not?

    I agree, although any economic class can destroy the environment and subjugate others. As long as people are law abiding, I don't care how much money they have or how they got it.
  • 12-12-2012
    Mountain Cycle Shawn
    Quote:

    Originally Posted by Salespunk View Post
    Significant difference between saving a $1-2M and earning a high income that leads to 10's of millions in the bank. Millionaire next door is a great roadmap for anyone to save their way to being a millionaire. That does not buy you a 7 series BMW and a 5000 sqft house.

    Compare that to someone making $500K/yr. They are taking home $300K and can afford the nice car and a decent but not extravagant house. Maybe an exotic car after 10-15 years of earning that income and being smart about investments. If you are getting into exotics that is the range of people making $1M+ and yachts (not a 30' sailboat) probably closer to $5M per year.

    What people don't realize is the real tax burden of people in that $250K+ income range. While it sounds like a lot of money the real buying power is relatively limited. Remember that the top 1% pay over 40% of all federal income taxes and only earn 18% of the income. The bottom 48% pay zero in federal income tax and receive the benefit of that disproportional payment structure.

    Being a millionaire isn't what it used to be, unfortunately.
  • 12-12-2012
    SS Hack
    Quote:

    Originally Posted by Mountain Cycle Shawn View Post
    I agree, although any economic class can destroy the environment and subjugate others. As long as people are law abiding, I don't care how much money they have or how they got it.

    In our system, the rich are much better at wrecking the environment and exploiting people. Poor folks do get to live in the polluted aftermath however ...
  • 12-12-2012
    SS Hack
    Quote:

    Originally Posted by Salespunk View Post
    Significant difference between saving a $1-2M and earning a high income that leads to 10's of millions in the bank. Millionaire next door is a great roadmap for anyone to save their way to being a millionaire. That does not buy you a 7 series BMW and a 5000 sqft house.

    Compare that to someone making $500K/yr. They are taking home $300K and can afford the nice car and a decent but not extravagant house. Maybe an exotic car after 10-15 years of earning that income and being smart about investments. If you are getting into exotics that is the range of people making $1M+ and yachts (not a 30' sailboat) probably closer to $5M per year.

    What people don't realize is the real tax burden of people in that $250K+ income range. While it sounds like a lot of money the real buying power is relatively limited. Remember that the top 1% pay over 40% of all federal income taxes and only earn 18% of the income. The bottom 48% pay zero in federal income tax and receive the benefit of that disproportional payment structure.

    I can tell you know the sting of living in a high cost state. The problem is 250k isn't all that much in SoCal or the Bay Area; but in America's heartland, it is rich. I think we need tax codes tied to cost of living ... it's hard to get ahead when a 2 bedroom home costs 600k.
  • 12-12-2012
    sxotty
    There are more federal taxes than income tax. And federal taxes on the top 1% are lower than many quintiles below them b/c they do not have to pay payroll tax on their earnings past a certain point. People always like to include those making 250k and above b/c then the results look vastly different. Look at people making $1million and suddenly things look quite different. High earners pay capital gains tax instead of income tax on much of their income so their rate is much lower. People with jobs that pay normal income and making 80-300k a year are the people who pay a disproportionate share of the federal taxes.

    edit here is what those poor folks making a million dollars are paying:

    http://www.cbpp.org/files/2-23-10tax.pdf
  • 12-12-2012
    Jayem
    Quote:

    Originally Posted by Salespunk View Post

    What people don't realize is the real tax burden of people in that $250K+ income range. While it sounds like a lot of money the real buying power is relatively limited. Remember that the top 1% pay over 40% of all federal income taxes and only earn 18% of the income. The bottom 48% pay zero in federal income tax and receive the benefit of that disproportional payment structure.

    Actually, what we realize is that the effective tax rate and the "on paper" tax rate are two different things. Those poor 48% are also paying the exact same % of tax for things like sales tax, gas tax, license fees, etc...
  • 12-12-2012
    Salespunk
    So the rich should pay a disproportionate amount to support the poor correct? The 48% start around $50K in income which is not exactly poor, yet they pay nothing towards national defense, FDA, interstate highways and a host of other Federal programs yet they still derive the benefits.

    Can anyone tell me what the global top 1% and 5% are? Should we start paying an international tax to support the poor in other countries? If not, why not? They are people just like those in the US so why should we not help them as well? Their only sin is that they were born in the wrong place.

    In answer to my own question, to be in the top 1% globally you have to earn $34K/yr. To be in the top 10%, $12K/yr. 2.8 BILLION people live on less than $2/day. More than 95% of people living in developing countries live on less than $10/day. Nearly everyone on this board, except for a few shop rats (which I used to be) is in the top 1% globally. I propose that we take 48% (the effective top tax rate in California excluding payroll, SDI, etc) and use it to redistribute wealth to the REAL bottom 99%, not just those that live in the bubble that is the US.

    All of a sudden it doesn't sound so good does it? As long as a new tax does not effect you then it is a good tax. If they start messing with your income it is a horrible idea right? We are at a tipping point in the US where very soon more people will be exempt from Federal income taxes that those who pay them. Tell me what universe that makes sense in.

    I am not saying that the current code is perfect or that the rich don't pay enough. I would be willing to pay more as long as everyone pays something. It doesn't have to be a lot, but everyone should be contributing. There is a huge freerider (not the MTB type) in the US where those who don't pay derive significant benefits from those that do.
  • 12-12-2012
    Salespunk
    Ok, back to this thread. Let's see some cool cars with bikes on them!!!
  • 12-12-2012
    Mountain Cycle Shawn
    Quote:

    Originally Posted by Salespunk View Post
    Should we start paying an international tax to support the poor in other countries?

    Don't kid yourself man. If the UN has its way, that is exactly what is going to happen.
  • 12-13-2012
    sxotty
    Quote:

    Originally Posted by Salespunk View Post
    So the rich should pay a disproportionate amount to support the poor correct? The 48% start around $50K in income which is not exactly poor, yet they pay nothing towards national defense, FDA, interstate highways and a host of other Federal programs yet they still derive the benefits.

    Quit being foolish. The 48% includes the retired as well who already paid into the government for years. You need to actually start with the number of people who are earning and income and currently working when you want to whine about freeloaders. They also pay a lot of payroll taxes etc... so they are hardly free loaders. The earned income tax credit is what is responsible for most of this and it was the baby of Republicans as well. Reagan said "The Earned Income Tax Credit is the best anti-poverty, the best pro-family, the best job creation measure to come out of Congress." The problem is simply one of mobility. If those people had decent jobs and made more money they would pay more taxes.
  • 12-13-2012
    Jayem
    Quote:

    Originally Posted by Salespunk View Post
    So the rich should pay a disproportionate amount to support the poor correct? The 48% start around $50K in income which is not exactly poor, yet they pay nothing towards national defense, FDA, interstate highways and a host of other Federal programs yet they still derive the benefits. .

    So I haven't paid taxes over the last 5 years? That's new to me??? Who told you that I didn't pay taxes? I think you've taken the bait on the party lines, hook line and sinker. I have no problem closing loopholes for the middle incomes you are talking about, but that changes nothing about the high income brackets that don't pay the "paper rates" because they are rich enough to shift and move their money around to various shelters and take advantage of loopholes that lower income earners can't.
  • 12-13-2012
    BobbyWilliams
    Quote:

    Originally Posted by Salespunk View Post
    Ok, back to this thread. Let's see some cool cars with bikes on them!!!

    Does this count?

  • 12-13-2012
    skiahh
    Quote:

    Originally Posted by BobbyWilliams View Post
    Does this count?


    I don't know... looks more like a trike with some sort of car on it!!

    And I'm not sure I'd put in the "cool" category. Interesting yes, cool? Not so much!
  • 12-13-2012
    BobbyWilliams
    Quote:

    Originally Posted by skiahh View Post
    I don't know... looks more like a trike with some sort of car on it!!

    And I'm not sure I'd put in the "cool" category. Interesting yes, cool? Not so much!

    How about a bike with a car on it?

  • 12-13-2012
    skiahh
    Now THAT is cool!!
  • 12-13-2012
    shekky
    Quote:

    Originally Posted by BobbyWilliams View Post
    How about a bike with a car on it?


    best post in this thread, hands down...:thumbsup::thumbsup::thumbsup:
  • 12-13-2012
    mtbnozpikr
    Quote:

    Originally Posted by BobbyWilliams View Post
    How about a bike with a car on it?

    That's an old Challenger R/T right?
  • 12-13-2012
    Steineken
    lol thats pretty funny id rock my bike rack on my bently, now just need a bently.....
  • 12-13-2012
    shekky
    Quote:

    Originally Posted by Steineken View Post
    lol thats pretty funny id rock my bike rack on my bently, now just need a bently.....

    i'd rock a saris on a bentley, too.

    i would just make SURE to wrap my pedals in old t shirts to keep from banging up the trunk lid. (sometimes the bike makes contact with the car when using a trunk rack)

    it's a habit i picked up from renting cars...
  • 12-13-2012
    Ailuropoda
    Quote:

    Originally Posted by Salespunk View Post
    Significant difference between saving a $1-2M and earning a high income that leads to 10's of millions in the bank. Millionaire next door is a great roadmap for anyone to save their way to being a millionaire. That does not buy you a 7 series BMW and a 5000 sqft house.

    Compare that to someone making $500K/yr. They are taking home $300K and can afford the nice car and a decent but not extravagant house. Maybe an exotic car after 10-15 years of earning that income and being smart about investments. If you are getting into exotics that is the range of people making $1M+ and yachts (not a 30' sailboat) probably closer to $5M per year.

    What people don't realize is the real tax burden of people in that $250K+ income range. While it sounds like a lot of money the real buying power is relatively limited. Remember that the top 1% pay over 40% of all federal income taxes and only earn 18% of the income. The bottom 48% pay zero in federal income tax and receive the benefit of that disproportional payment structure.

    A-men. I make very good money at my job, much more than $500K/yr but I sacrificed in ways many of you can't imagine to get to this point. When I contemplate the taxes I pay and the huge amount of money going to pay people to sit on their butts doing nothing (like most of the malingerers on disability) it makes me angry to think that the whole pack of lazy retards who make up the majority of our population want even more.

    It's not money, it's the sweat and blood and years of sacrifice that you folks are taking from me. I don't drive an exotic car and with the exception of expensive mountain bikes I live very frugally and well below my means. I take good care of my ex-wife who is an honorable and decent woman who I let down and i'd infinitely rather give my surplus income to her or my church than to some disgusting fat-body trundling up the aisles at Wal Mart throwing fatty junk food into his cart that he buys with his "food stamp" money.

    Folks, there are young men drawing full disability...free medical care, housing assistance, and food stamps...and their disability is drug addiction. Your country is out of control now.
  • 12-13-2012
    Ailuropoda
    Quote:

    Originally Posted by SS Hack View Post
    In our system, the rich are much better at wrecking the environment and exploiting people. Poor folks do get to live in the polluted aftermath however ...


    I'm an Emergency Physician. I do very well. Please explain how I exploit people and pollute the environment.

    The poor exploit each other horrifically. I see it every day in the constant parade of shootings, beatings, rapes, and drug-induced injuries. And if you've ever driven through the ghetto or a trailer park in Metho-America you will see that the poor have no regard for their own environment whatsoever and that neglect of themselves and their surroundings is the rule, not the exception.
  • 12-13-2012
    Jayem
    Quote:

    Originally Posted by Ailuropoda View Post
    Folks, there are young men drawing full disability...free medical care, housing assistance, and food stamps...and their disability is drug addiction. Your country is out of control now.

    Yeah, everything is the fault of the poor. It's because they are lazy that we are in this mess...:rolleyes:

    I've worked all my life, and I'm finally getting into a good financial position. Working up through the levels, I've yet to find this huge mass of people who just doesn't want to work. I've found a few that have a difficult time holding 2 or 3 jobs to feed families, so I guess your solution is to just shoot them or something, but I fail to see how everything is the poor's fault. Have you ever actually paid 35% income tax?
  • 12-13-2012
    skiahh
    Quote:

    Originally Posted by Ailuropoda View Post
    A-men. I make very good money at my job, much more than $500K/yr but I sacrificed in ways many of you can't imagine to get to this point. When I contemplate the taxes I pay and the huge amount of money going to pay people to sit on their butts doing nothing (like most of the malingerers on disability) it makes me angry to think that the whole pack of lazy retards who make up the majority of our population want even more.

    It's not money, it's the sweat and blood and years of sacrifice that you folks are taking from me. I don't drive an exotic car and with the exception of expensive mountain bikes I live very frugally and well below my means. I take good care of my ex-wife who is an honorable and decent woman who I let down and i'd infinitely rather give my surplus income to her or my church than to some disgusting fat-body trundling up the aisles at Wal Mart throwing fatty junk food into his cart that he buys with his "food stamp" money.

    Folks, there are young men drawing full disability...free medical care, housing assistance, and food stamps...and their disability is drug addiction. Your country is out of control now.

    Now where's that popcorn smiley?
  • 12-13-2012
    chas_martel
    Why in the hell should people pay different amounts of tax? Why should it be tied to income? Most everyone on this thread has it all wrong, IMHumbleO.

    I say we take the amount of money the govt needs each year and divide it by the number of people over the age of 18, wham, that's how much each person over the age of 18 owes in taxes.

    Does anyone believe this would lead to properly focusing on spending?
  • 12-14-2012
    shibiwan
    Quote:

    Originally Posted by chas_martel View Post
    Why in the hell should people pay different amounts of tax? Why should it be tied to income? Most everyone on this thread has it all wrong, IMHumbleO.

    I say we take the amount of money the govt needs each year and divide it by the number of people over the age of 18, wham, that's how much each person over the age of 18 owes in taxes.

    Does anyone believe this would lead to properly focusing on spending?

    *sigh*

    Math fail.

    If you only got $100 and the gub'mint takes $70, you have how much left over to live on?

    Another guy has $10,000 and pays the same amount of $70 in taxes. How much would he have left to spend on necessities?

    I sincerely hope you were being sarcastic......

    -S

    Sent from my Kindle Fire using Tapatalk 2
  • 12-14-2012
    Ailuropoda
    Quote:

    Originally Posted by Jayem View Post
    Yeah, everything is the fault of the poor. It's because they are lazy that we are in this mess...:rolleyes:

    I've worked all my life, and I'm finally getting into a good financial position. Working up through the levels, I've yet to find this huge mass of people who just doesn't want to work. I've found a few that have a difficult time holding 2 or 3 jobs to feed families, so I guess your solution is to just shoot them or something, but I fail to see how everything is the poor's fault. Have you ever actually paid 35% income tax?


    We are in this mess...and this includes Europe...because government policy has created a huge self-perpetuating dependocracy. A gigantic and permanent underclass that depend on the public dole. This is, as demonstrated by Greece, unsustainable because however well-intentioned the policy, the takers soon outnumber the makers and money can neither be printed nor borrowed indefinitely.

    As to taxes, I pay well above 35 percent. There are very few legitimate deductions for income earners these days so if you factor in Federal and state taxes as well as FICA the tax on top income earners is more like 45 percent. This is a lot of money but instead of thinking about it as just money consider that the first five hours of my grueling 12-hour shifts are to support bloated government programs that are massively fraudulent.

    Can you not see how corrupt and inefficient the public sector has become? It's one huge sucking bureaucratic maw into which your money is thrown to buy your vote by giving you freebies.

    And the worst thing about it is that when you kill the productive sector, it becomes increasingly more difficult to give money away. How much more tax exactly do you want me to pay and at what rate will I just quit working and go on welfare myself?
  • 12-14-2012
    sxotty
    Quote:

    Originally Posted by Ailuropoda View Post
    We are in this mess...and this includes Europe...because government policy has created a huge self-perpetuating dependocracy. A gigantic and permanent underclass that depend on the public dole. This is, as demonstrated by Greece, unsustainable because however well-intentioned the policy, the takers soon outnumber the makers and money can neither be printed nor borrowed indefinitely.

    Funnily enough you are totally wrong. Greece is actually something completely different. Look it up and educate yourself instead of listening to talk radio. It is quite illuminating to see the average number of hours worked in Greece. The problem is they do a lot of agricultural work and other things that are not apparently valued economically. Their population also has a propensity to not pay taxes.
  • 12-14-2012
    Quote:

    Originally Posted by Ailuropoda View Post
    We are in this mess...and this includes Europe...because government policy has created a huge self-perpetuating dependocracy. A gigantic and permanent underclass that depend on the public dole. This is, as demonstrated by Greece, unsustainable because however well-intentioned the policy, the takers soon outnumber the makers and money can neither be printed nor borrowed indefinitely.

    As to taxes, I pay well above 35 percent. There are very few legitimate deductions for income earners these days so if you factor in Federal and state taxes as well as FICA the tax on top income earners is more like 45 percent. This is a lot of money but instead of thinking about it as just money consider that the first five hours of my grueling 12-hour shifts are to support bloated government programs that are massively fraudulent.

    Can you not see how corrupt and inefficient the public sector has become? It's one huge sucking bureaucratic maw into which your money is thrown to buy your vote by giving you freebies.

    And the worst thing about it is that when you kill the productive sector, it becomes increasingly more difficult to give money away. How much more tax exactly do you want me to pay and at what rate will I just quit working and go on welfare myself?

    Simply perfect, but you are really lucky about your 35%, here it is more than 50%...
  • 12-14-2012
    Jayem
    12hr shifts!?, you need a better union!
  • 12-14-2012
    2000Z3M
    Quote:

    Originally Posted by Jayem View Post
    12hr shifts!?, you need a better union!

    union? whats that? I military, I just do the job that needs to get done. Keep in mind, I have also done 16-20 hour shifts every day for 4 months when I have deployed.
  • 12-14-2012
    Ailuropoda
    Quote:

    Originally Posted by sxotty View Post
    Funnily enough you are totally wrong. Greece is actually something completely different. Look it up and educate yourself instead of listening to talk radio. It is quite illuminating to see the average number of hours worked in Greece. The problem is they do a lot of agricultural work and other things that are not apparently valued economically. Their population also has a propensity to not pay taxes.


    I was raised in Greece and my mother still live there. I follow the troubles there closely because I still own property there. The productive sector in Greece is small compared to the public sector where one out of three Greeks has (or had) a government job. Most of these jobs are of the paper shuffling variety much beloved of the socialist government that ruined Greece when they wre in power.

    Greeks who work in the public sector hardly work at all and most of the agricultural labor is done by Albanian immigrants. As for not paying taxes, if the typical Greek paid all of the taxes he was supposed to he would bankrupt himself. There is not enough wealth or money in Greece to pay their huge debt or finance their yearly deficit, even if you confiscated everything from everybody.
  • 12-14-2012
    Bill in Houston
    Quote:

    Originally Posted by chas_martel View Post
    Does anyone believe this would lead to properly focusing on spending?

    Everybody needs to have skin in the game, right? when half of voters don't pay income taxes, they tend to elect people who increase income taxes. i'm not saying your plan is right, but that everyone should pay some.
  • 12-14-2012
    shekky
    1 Attachment(s)
    this thread has gone from better to bad to better to worse...let's talk about cars some more...would you use a trunk rack with this old caddy, or would you use a roof rack on the trunk lid? ;)
  • 12-14-2012
    HAL 9000
    Much cooler vehicles than an old caddy to transport yourself to the trail head







  • 12-14-2012
    LostBoyScout
    Quote:

    Originally Posted by Jayem View Post
    12hr shifts!?, you need a better union!

    That's a whole other topic we could go to verbal war over. Today's unions have nothing to do with what they should.
  • 12-14-2012
    shekky
    Quote:

    Originally Posted by HAL 9000 View Post
    Much cooler vehicles than an old caddy to transport yourself to the trail head








    vintage toyota land cruiser, hands down. but the caddy takes you there in comfort. as a matter of fact, i'll bet your could carry eight bikes on that car--four on the roof and four on a roof rack mounted to the trunk lid...make that ten bikes, 'cause you can probably squeeze two in the trunk...:D

    tough choice...
  • 12-14-2012
    Bill in Houston
    Quote:

    Originally Posted by shekky View Post
    this thread has gone from better to bad to better to worse...let's talk about cars some more...would you use a trunk rack with this old caddy, or would you use a roof rack on the trunk lid? ;)

    I'd go with the roof rack on the trunk lid. A hitch rack would push you over the overall length limit, and you'd have to get a commercial drivers license. ;)

    HAL9000, out of yours, I like the Bronco best. Land Cruiser a close second. If you threw in an International Scout, I would have a very hard time deciding.
  • 12-14-2012
    BobbyWilliams
    Bowler? Now that ought to get you to the trail head in style!

  • 12-14-2012
    shibiwan
    Quote:

    Originally Posted by BobbyWilliams View Post
    Bowler? Now that ought to get you to the trail head in style!


    Is that Burnt Orange? Nice!!
  • 12-14-2012
    Salespunk
    Quote:

    Originally Posted by sxotty View Post
    Funnily enough you are totally wrong. Greece is actually something completely different. Look it up and educate yourself instead of listening to talk radio. It is quite illuminating to see the average number of hours worked in Greece. The problem is they do a lot of agricultural work and other things that are not apparently valued economically. Their population also has a propensity to not pay taxes.

    And now you go shot down by the guy from Greece. Who needs to do their homework now?
  • 12-14-2012
    skiahh
    Quote:

    Originally Posted by sxotty View Post
    Funnily enough you are totally wrong. Greece is actually something completely different. Look it up and educate yourself instead of listening to talk radio. It is quite illuminating to see the average number of hours worked in Greece. The problem is they do a lot of agricultural work and other things that are not apparently valued economically. Their population also has a propensity to not pay taxes.

    Quote:

    Originally Posted by Ailuropoda View Post
    I was raised in Greece and my mother still live there. I follow the troubles there closely because I still own property there. The productive sector in Greece is small compared to the public sector where one out of three Greeks has (or had) a government job. Most of these jobs are of the paper shuffling variety much beloved of the socialist government that ruined Greece when they wre in power.

    Greeks who work in the public sector hardly work at all and most of the agricultural labor is done by Albanian immigrants. As for not paying taxes, if the typical Greek paid all of the taxes he was supposed to he would bankrupt himself. There is not enough wealth or money in Greece to pay their huge debt or finance their yearly deficit, even if you confiscated everything from everybody.

    Oh wow... I haven't seen someone get owned like that in a long time!
  • 12-14-2012
    sxotty
    :lol: are youguys actually serious? You think that b/c someone is from a country that makes facts incorrect? You realize anecdotal evidence is well anecdotal? You are embarrassing yourselves.

    BBC News - Are Greeks the hardest workers in Europe?
    Quote:

    But the statistics suggest the country has not lost its way due to laziness. If you look at the average annual hours worked by each worker, the Greeks seem very hard-working.

    Figures from the Organisation for Economic Co-operation and Development (OECD) show that the average Greek worker toils away for 2,017 hours per year which is more than any other European country.

    Out of the 34 members of the OECD, that is just two places behind the board leaders, South Korea.

    On the other hand, the average German worker - normally thought of as the very epitome of industriousness - only manages 1,408 hours a year. Germany is 33rd out of 34 on the OECD list (or 24th out of 25 looking at the European countries alone).

    The average Greek is working a full 40% longer than the average German.

    But there is more to these figures than meets the eye. There are two big reasons why these two countries have such different annual working hour totals.
    Greek olive farmers planting tree Greeks take less holiday, sickness leave and maternity leave than Germans

    Pascal Marianna, who is a labour markets statistician at the OECD says: "The Greek labour market is composed of a large number of people who are self-employed, meaning farmers and - on the other hand - shop-keepers who are working long hours."

    Self-employed workers tend to work more than those who have specified hours in an employment contract.
    Owned by facts. Yes those pesky things we all hate.
  • 12-14-2012
    J.B. Weld
    Quote:

    Originally Posted by shekky View Post
    this thread has gone from better to bad to better to worse...let's talk about cars some more...would you use a trunk rack with this old caddy, or would you use a roof rack on the trunk lid? ;)

    Neither. You could throw 2 or 3 DH bikes in the trunk of that old boat and still have plenty of room to spare!
  • 12-14-2012
    sxotty
    Quote:

    Originally Posted by Ailuropoda View Post
    I was raised in Greece and my mother still live there. I follow the troubles there closely because I still own property there. The productive sector in Greece is small compared to the public sector where one out of three Greeks has (or had) a government job. Most of these jobs are of the paper shuffling variety much beloved of the socialist government that ruined Greece when they were in power.

    ]Greeks who work in the public sector hardly work at all and most of the agricultural labor is done by Albanian immigrants. As for not paying taxes, if the typical Greek paid all of the taxes he was supposed to he would bankrupt himself. There is not enough wealth or money in Greece to pay their huge debt or finance their yearly deficit, even if you confiscated everything from everybody.



    Here is the deficit as a percent of GDP over time.

    Care to explain how they could not pay it if they confiscated everything from everyone? That was the assertion from our resident expert. Let me see 12% of divide by 1 carry the 2... yep 12% is less than 100% and less than 60% remaining after the current taxes are taken. So that destroys the argument that they could not pay their current account deficit. It might be a bad idea but it is ignorant to claim they could not finance their deficit since they have 5x the necessary productivity in 1 year let alone whatever wealth is accumulated.

    Now onto tax evasion.
    http://www.nytimes.com/2012/11/12/bu...sion.html?_r=0
    Quote:

    Friedrich Schneider, an economics professor at Johannes Kepler University in Linz, Austria, estimates that about 120 billion euros in Greek assets lie outside the country, representing an extraordinary 65 percent of the countrys overall economic output. The assets abroad include bank deposits, real estate holdings and untaxed business income.

    A frequent adviser to European governments and international financial institutions, Mr. Schneider says that 70 billion euros is in Switzerland, about 20 billion euros is in Britain, with the rest spread out in other places like the United States, Singapore and offshore tax havens like the Cayman Islands.

    All the rich people have sent their money out of the country, said Mr. Schneider, who is perhaps the foremost expert on tax evasion and shadow economies in Europe. That is why we have such unequal burden-sharing, with the average Greek having lost 40 percent of their income after taxes, while the wealthy have their money outside of Greece.

    The solution, as Mr. Schneider sees it, is not to heap more taxes on the countrys evaporating tax base or to use legal threats to pursue the offshore cash. Instead, he suggests a tax amnesty in which all outside money would be invited back with no questions asked and be subject to a flat tax of 15 to 20 percent.
    Ouch seems like it would be handy for the government if people were paying those taxes after all that 65 percent of the countries economic output would come in pretty handy.

    Tax evasion and corruption in Greece - Wikipedia, the free encyclopedia
    Quote:

    The OECD estimated in August 2009 that the size of the Greek black market to be around 65bn (equal to 25% of GDP), resulting each year in 20bn of unpaid taxes.[3] This is a European record in relative terms, and in comparison almost twice as big as the German black market (estimated to 15% of GDP).[4]

    Several successive Greek governments had in the past attempted to improve the situation, but all failed due to tax evasion's place within Greek culture. A rapid increase in government revenues through implementing a more effective tax collecting system has been recommended. Implementing the proper reforms, is however estimated to be a slow process, requiring at least two legislative periods before they start to work.[4]

    In the last quarter of 2005, participation in tax evasion reached an estimated 49% of the population,[2] while in January 2006 it fell to 41.6%.[2] A study by researchers from the University of Chicago concluded that tax evasion in 2009 by self-employed professionals alone in Greece (accountants, dentists, lawyers, doctors, personal tutors and independent financial advisers) was 28 billion or 31% of the budget deficit that year.[5]
    49% of the populace is evading taxes? Hmmm I guess it isn't a problem though all governments should be so lucky.

    How Greek tax evasion helped sink the global economy
    Quote:

    But why did Greece have such a massive budget deficit in the first place? One factor (among many) was rampant tax evasion, which had starved the Greek government of funds. As it turns out, this was a very big deal indeed. The Wall Street Journals Justin Lahart points to a new paper (pdf) by three economists who estimate that the size of Greek tax evasion accounted for roughly half the countrys budget shortfall in 2008 and one-third in 2009.
    So the Wall Street Journal that liberal rag said half the countries budget shortfall in 2008 was b/c of tax evasion. Nah they must be crazy b/c we all know it isn't a problem. Somebody said so.
  • 12-14-2012
    shekky
    Quote:

    Originally Posted by J.B. Weld View Post
    Neither. You could throw 2 or 3 DH bikes in the trunk of that old boat and still have plenty of room to spare!

    yeah, but you can easily fit six or maybe even seven guys in the car...
  • 12-14-2012
    Piratefly
    Quote:

    Originally Posted by shekky View Post
    you hire somebody to haul them for you...or buy a honda. if you own a bentley, you likely have that kind of money...;)

    Did you every think that may be his "honda"? Maybe his nice car is a Veyron.
  • 12-14-2012
    shekky
    Quote:

    Originally Posted by Piratefly View Post
    Did you every think that may be his "honda"? Maybe his nice car is a Veyron.

    HA! good point!
  • 12-14-2012
    Ailuropoda
    Quote:

    Originally Posted by Salespunk View Post
    And now you go shot down by the guy from Greece. Who needs to do their homework now?

    I'm an American. Born in the USA but my parents were Greek and we moved there when I was young, first as my father's last duty station in the Navy and after when he retired. My father immigrated in 1949 after the Greek Civil War, became an engineer and a US Navy officer.
  • 12-14-2012
    Ailuropoda
    Quote:

    Originally Posted by sxotty View Post
    Here is the deficit as a percent of GDP over time.

    Care to explain how they could not pay it if they confiscated everything from everyone? That was the assertion from our resident expert. Let me see 12% of divide by 1 carry the 2... yep 12% is less than 100% and less than 60% remaining after the current taxes are taken. So that destroys the argument that they could not pay their current account deficit. It might be a bad idea but it is ignorant to claim they could not finance their deficit since they have 5x the necessary productivity in 1 year let alone whatever wealth is accumulated.

    Now onto tax evasion.
    http://www.nytimes.com/2012/11/12/bu...sion.html?_r=0


    Ouch seems like it would be handy for the government if people were paying those taxes after all that 65 percent of the countries economic output would come in pretty handy.

    Tax evasion and corruption in Greece - Wikipedia, the free encyclopedia


    49% of the populace is evading taxes? Hmmm I guess it isn't a problem though all governments should be so lucky.

    How Greek tax evasion helped sink the global economy


    So the Wall Street Journal that liberal rag said half the countries budget shortfall in 2008 was b/c of tax evasion. Nah they must be crazy
    b/c we all know it isn't a problem. Somebody said so.

    The top marginal rate for a Greek is 45 percent. If he's self-employed he has to kick in 28 percent for the Greek equivalent of Social Security. The top rate starts at 100,000 Euros or about $150,000 per year. Capital gains are taxed at the household rate so a typical "wealthy" Greek is looking at close to 80 percent effective tax. This doesn't count the Value Added Tax or property tax. If a wealthy Greek paid all the taxes he owed he'd give it all of his income to the government.

    Property tax itself is a particularly sore spot for many propertied Greeks. My mother's property tax bill is way out of proportion to the current value of her property. In the states at least my property tax went down when the appraised value of the albatross of a house my ex and I own collapsed.

    Does this kind of explain why tax evasion is so popular among wealthy Greek? Would you surrender 80-90 percent of your income in exchange for some crappy benefits that you don't need?

    I believe that Greece has one of the highest Effective Tax Rates in the world. You can't get blood from a stone.

    Let me reiterate that in Greece the so-called "wealthy" if they are squeaky clean and honest you will pay more than 80 percent of their income to taxes. Would you slave away at your business if you were only allowed a pittance for your efforts? That kind of taxation is tyranny. We're not talking about a reasonable tax rate of 15 percent or something that is both bearable and understandable.

    Additionally, the public services in Greece are abysmal (well, non-existant now). The public hospitals, for example, are so bad that the wealthy who cannot quite afford to have their relatives treated at private hospitals hire a private nurse to watch over the patient because neglect is the rule, not the exception in the Greek public health system. This is because the majority of tax revenue in Greece goes to supporting the salaries and benefits of the vast legion of public servants, not to services, and these salaries and benefits are lavish. Greek civil servants...and who isn't in Greece...are paid, for example, for fourteen months of work every year. Talk about math not adding up.

    The purpose of government according to our founding fathers is to secure the inalienable rights of the people to life, liberty, and the pursuit of happiness. It is not to confiscate from some to give to others to buy votes.
  • 12-14-2012
    Mountain Cycle Shawn
    Quote:

    Originally Posted by Ailuropoda View Post

    Would you surrender 80 percent of your income in exchange for some crappy benefits that you don't need?

    If you add up all the taxes, fees, whatever they want to call it, that we pay. You come to realize that is what is happening right here in the U.S.A.!
  • 12-14-2012
    shekky
  • 12-14-2012
    Mountain Cycle Shawn
    ^ With a Cannonbroke, I mean Cannondale on it? OMG!
  • 12-14-2012
    sxotty
    Quote:

    Originally Posted by Ailuropoda View Post
    The top marginal rate for a Greek is 45 percent. If he's self-employed he has to kick in 28 percent for the Greek equivalent of Social Security. The top rate starts at 100,000 Euros or about $150,000 per year. Capital gains are taxed at the household rate so a typical "wealthy" Greek is looking at close to 80 percent effective tax. This doesn't count the Value Added Tax or property tax. If a wealthy Greek paid all the taxes he owed he'd give it all of his income to the government.

    The links I posted already said the tax burden for the average Greek is 40%. It would be super if you included some citations for your assertions. I do not doubt you are relating what you happen to have heard or been familiar with, but that doesn't make it accurate for the country as a whole. BTW tax evasion was popular amongst many different classes of Greeks. Check the WaPo link it shows a map of evasion by political unit in the country. It isn't just the rich. The rich can just do a better job in certain ways than the average person. I really don't think you are correct still.

    Greek tax reform bill to tax capital gains on shares | Reuters
    Quote:

    Based on the draft legislation submitted to parliament, Greece will raise the tax rate on corporate profits to 26 percent from 20 percent but lower the tax on distributed dividends to 10 percent from 25 percent currently.

    Capital gains from stock trading on the Athens stock exchange will be subject to a 20 percent tax from April next year, while interest income from bank deposits will be taxed by a higher 15 percent rate versus 10 percent currently.
    It doesn't say they tax it at household rate, and previously capital gains were taxed at a lower rate. I don't know where you are getting all this information, but you can do better.
  • 12-14-2012
    Ailuropoda
    Quote:

    Originally Posted by sxotty View Post
    The links I posted already said the tax burden for the average Greek is 40%. It would be super if you included some citations for your assertions. I do not doubt you are relating what you happen to have heard or been familiar with, but that doesn't make it accurate for the country as a whole. BTW tax evasion was popular amongst many different classes of Greeks. Check the WaPo link it shows a map of evasion by political unit in the country. It isn't just the rich. The rich can just do a better job in certain ways than the average person. I really don't think you are correct still.

    Greek tax reform bill to tax capital gains on shares | Reuters


    It doesn't say they tax it at household rate, and previously capital gains were taxed at a lower rate. I don't know where you are getting all this information, but you can do better.

    That's the tax burden on the middle class. Greeks who make more than 100,000 Euros are taxed at 45 percent on everything over this and at a progressive rate for everything up to this with only, I believe, the first 12,000 Euros being exempt from taxation. This thread is about the wealthy, not the poor and middle class.

    Greece Income Taxes and Tax Laws 2012 - WorldWide-Tax.com

    Don't forget that on top of income tax you have to pay into their version Social Security. The average middle class Greek household probably pays 30 percent of their income to income taxes plus 16 percent for "Social Security" plus the 28 percent kicked in by their employer for "Social Security" which is money he can't pay them and the same as a tax on their income making the effective tax rate for even the middle class somewhere in the seventy percent range...if they pay it which most don't thanks to the black market and cash economy.

    You'd be stupid to not cheat on taxes in Greece. Literally you will be working for a quarter of what you actually make to pay rent, buy a car, eat, and have some recreation.

    I have some friends over there who owe more in taxes than they actually make due to some strange loopholes in the law. What you have to understand is that at a certain tax rate, if enforced, economic activity comes to a standstill. That rate is debatable of course but if I were taxed at 100 percent of my income I'd quit work and ride mountain bikes all day, maybe bartering my services here or there for food and parts.

    You do not want me doing this. Trust me.

    And naturally there is an optimum tax rate that maximizes revenue to the State that is somewhere between zero and a hundred percent...but probably much closer to the zero side. What Western governments are doing, figuratively, is killing the golden goose...trying to solve a long term problem with the short-term expedience of raising taxes to unsustainable levels. And to do it they play you like a puppet directing your anger at the "rich" instead of the themselves who got you into this mess in the first place. Greece was in much better shape back in the early 1980s before the socialist took over. It hurts me to see how run-down Athens has become.
  • 12-14-2012
    sxotty
    Ok so it says you were wrong about capital gains taxes which are lower far lower than you claimed. When I say average what I mean is average. I don't mean what the highest income earners are paying b/c I don't care. Lots of people are evading taxes from all tax brackets. It is not a valid excuse that you don't like to pay taxes so you should not have to. If people actually paid their taxes they could lower rates. When you have groups who evade their taxes they are effectively stealing from those that do pay the legally required amount. I am not talking about what the best tax rate is, or what the moral tax rate is, or what the progressive/regressive nature should be. I am saying those that are evading taxes are wrong because they are stealing from those that follow the law. They can vote for politicians that deliver lower taxes. It is a pretty easy thing to sell the electorate. "Elect me and I will lower taxes." It goes over well.

    Why would I care if you quit work and rode mountain bikes? I don't see how it would bother me at all. I hope you do so then you won't have to be sad about your 12 hour shifts.

    Anyway I will argue more later right now I am annoyed by that bastard in CT who shot all those kids and don't want to worry about someone being wrong on the internet.
  • 12-14-2012
    Jayem
    Quote:

    Originally Posted by 2000Z3M View Post
    union? whats that? I military, I just do the job that needs to get done. Keep in mind, I have also done 16-20 hour shifts every day for 4 months when I have deployed.

    You didn't make the comment about the 12hr shifts, so I'm not sure why you replied to my post that was addressing that.

    I did the military too. In fact, it was amazing how "fairly" I was treated much of the time, compared to my non-union experience. And of course, when I got out of the military, I took my entitlements of college fund, GI bill, and other veterans benefits. For my years in school, I was "48%-ing" it I guess...

    And then later, when I was just starting out at my job that paid quite a ways below what all the certificates and schooling would indicate, I worked my rear end off trying to earn as much as possible, but still less than 30k the first year, and less than 40k the 2nd and 3rd. I guess I was an a$$hole for earning so little money and "dragging the country down". What was I thinking?

    My original post was trying to address how medical personnel (nurses, doctors, etc) are abused in terms of work rules. I don't trust a doctor or nurse that's been working for 20hrs or longer, and that we have those things going on is just sick. Even the 12hr shifts end on end without proper rest cycles for circadian rhythms.

    In any case, the GOP needs to figure out a different way to save the country, rather than blaming it all on the poor...
  • 12-14-2012
    shekky
    Quote:

    Originally Posted by Jayem View Post
    You didn't make the comment about the 12hr shifts, so I'm not sure why you replied to my post that was addressing that.

    I did the military too. In fact, it was amazing how "fairly" I was treated much of the time, compared to my non-union experience. And of course, when I got out of the military, I took my entitlements of college fund, GI bill, and other veterans benefits. For my years in school, I was "48%-ing" it I guess...

    And then later, when I was just starting out at my job that paid quite a ways below what all the certificates and schooling would indicate, I worked my rear end off trying to earn as much as possible, but still less than 30k the first year, and less than 40k the 2nd and 3rd. I guess I was an a$$hole for earning so little money and "dragging the country down". What was I thinking?

    My original post was trying to address how medical personnel (nurses, doctors, etc) are abused in terms of work rules. I don't trust a doctor or nurse that's been working for 20hrs or longer, and that we have those things going on is just sick. Even the 12hr shifts end on end without proper rest cycles for circadian rhythms.

    In any case, the GOP needs to figure out a different way to save the country, rather than blaming it all on the poor...

    the railroads makes crew STOP right there and then when their hours reach either 12 or 16 in a day. i've seen a train stop right in the middle of a crossing until the crew van got there twenty minutes later...Railroad Crews
  • 12-14-2012
    Z4good
    Quote:

    Originally Posted by sxotty View Post
    Ok so it says you were wrong about capital gains taxes which are lower far lower than you claimed. When I say average what I mean is average. I don't mean what the highest income earners are paying b/c I don't care. Lots of people are evading taxes from all tax brackets. It is not a valid excuse that you don't like to pay taxes so you should not have to. If people actually paid their taxes they could lower rates. When you have groups who evade their taxes they are effectively stealing from those that do pay the legally required amount. I am not talking about what the best tax rate is, or what the moral tax rate is, or what the progressive/regressive nature should be. I am saying those that are evading taxes are wrong because they are stealing from those that follow the law. They can vote for politicians that deliver lower taxes. It is a pretty easy thing to sell the electorate. "Elect me and I will lower taxes." It goes over well.

    Why would I care if you quit work and rode mountain bikes? I don't see how it would bother me at all. I hope you do so then you won't have to be sad about your 12 hour shifts.

    Anyway I will argue more later right now I am annoyed by that bastard in CT who shot all those kids and don't want to worry about someone being wrong on the internet.

    Annoyed? I'm devastated!
  • 12-14-2012
    Jayem
    Quote:

    Originally Posted by shekky View Post
    the railroads makes crew STOP right there and then when their hours reach either 12 or 16 in a day. i've seen a train stop right in the middle of a crossing until the crew van got there twenty minutes later...Railroad Crews

    Wait, the "railroads" or the "alaska railroads"?, your link is to the railroads in my state, which are effectively cut-off from the rest of the US without the kind of traffic demands and complexity, although I'd imagine they have the system pretty well figured out in the lower 48, just that they don't stop and rest when they reach the end of their day, as it's all though out a bit better. :)

    The reason we got paid in the military no matter if we worked a lot or a little was that they could push us to perform a mission if necessary. That's the sacrifice you make in that lifestyle, and it's accepted, and your individual life is not as important as accomplishing the mission. In the civilian world, if you die, you don't get to accomplish any of your missions, as well as if you mess up because you are tired on shift, you make other people suffer. We also work hard to get jobs where you don't have to work two jobs at once or 12hr shifts just to break even.
  • 12-14-2012
    skiahh
    Quote:

    Originally Posted by Jayem View Post
    In any case, the GOP needs to figure out a different way to save the country, rather than blaming it all on the poor...

    Well, technically, the Dems need to figure it out right now, since they control the White House and Senate, so right now, it's their show. That's just the way it works.
  • 12-14-2012
    shekky
    1 Attachment(s)
    Quote:

    Originally Posted by skiahh View Post
    Well, technically, the Dems need to figure it out right now, since they control the White House and Senate, so right now, it's their show. That's just the way it works.

    i thought that the two political parties were supposed to work together to solve the nation's problems, regardless of which holds the majority.

    now back to relevant subjects:
  • 12-14-2012
    highdelll
    Quote:

    Originally Posted by shekky View Post
    i thought that the two political parties were supposed to work together to solve the nation's problems, regardless of which holds the majority.

    now back to relevant subjects:

    rep :thumbsup:
  • 12-14-2012
    shibiwan
    Quote:

    Originally Posted by shekky View Post
    i thought that the two political parties were supposed to work together to solve the nation's problems, regardless of which holds the majority.

    now back to relevant subjects:

    Dang... cant rep you again.

    Then again the mission of politician these days is trying to keep their jobs. Have you looked at the job market out there? heh

    -S
  • 12-14-2012
    shekky
    Quote:

    Originally Posted by Jayem View Post
    Wait, the "railroads" or the "alaska railroads"?, your link is to the railroads in my state, which are effectively cut-off from the rest of the US without the kind of traffic demands and complexity, although I'd imagine they have the system pretty well figured out in the lower 48, just that they don't stop and rest when they reach the end of their day, as it's all though out a bit better. :)

    The reason we got paid in the military no matter if we worked a lot or a little was that they could push us to perform a mission if necessary. That's the sacrifice you make in that lifestyle, and it's accepted, and your individual life is not as important as accomplishing the mission. In the civilian world, if you die, you don't get to accomplish any of your missions, as well as if you mess up because you are tired on shift, you make other people suffer. We also work hard to get jobs where you don't have to work two jobs at once or 12hr shifts just to break even.

    oops...sorry...it's an FRA requirement. the industry term is "dead on time". 12 hours on the train.

    looking for a link with specifics, here's what i have for now:

    Tell Me about Life for the Crew of a Modern Freight Train [Archive] - Straight Dope Message Board
  • 12-14-2012
    shekky
    Quote:

    Originally Posted by shibiwan View Post
    Dang... cant rep you again.

    Then again the mission of politician these days is trying to keep their jobs. Have you looked at the job market out there? heh

    -S

    why do you think i spend so much time on MTBR? lord only knows i need a job and SOON. at least i'm getting interviews...

    here's another link about 12 hour days on the railroad for those who want it:

    When Does A Train Crew's Time Actually Start?
  • 12-14-2012
    shekky
    Quote:

    Originally Posted by highdelll View Post
    rep :thumbsup:

    you negged me by mistake...:eek:

    but it won't kill me...:p
  • 12-14-2012
    shibiwan
    Quote:

    Originally Posted by shekky View Post
    why do you think i spend so much time on MTBR? lord only knows i need a job and SOON. at least i'm getting interviews...

    here's another link about 12 hour days on the railroad for those who want it:

    When Does A Train Crew's Time Actually Start?

    The market is picking up slowly though. I'm moving my company into a proper shop starting Jan 1 and we need to hire 3rd shift operators pretty soon.

    Living in the Bay Area adds up quickly (I used to live in Fremont on the north side of the 84)... hang in there - we'll keep our fingers crossed for you. If ever you decide to head out my way, give me a shout. :D

    -S
  • 12-14-2012
    shekky
    Quote:

    Originally Posted by shibiwan View Post
    The market is picking up slowly though. I'm moving my company into a proper shop starting Jan 1 and we need to hire 3rd shift operators pretty soon.

    Living in the Bay Area adds up quickly (I used to live in Fremont on the north side of the 84)... hang in there - we'll keep our fingers crossed for you. If ever you decide to head out my way, give me a shout. :D

    -S

    where in the bay area?
  • 12-14-2012
    highdelll
    Quote:

    Originally Posted by shekky View Post
    you negged me by mistake...:eek:

    but it won't kill me...:p

    are you serious?! :madman:
    sorry man ;)
  • 12-15-2012
    Ailuropoda
    Quote:

    Originally Posted by sxotty View Post
    Ok so it says you were wrong about capital gains taxes which are lower far lower than you claimed. When I say average what I mean is average. I don't mean what the highest income earners are paying b/c I don't care. Lots of people are evading taxes from all tax brackets. It is not a valid excuse that you don't like to pay taxes so you should not have to. If people actually paid their taxes they could lower rates. When you have groups who evade their taxes they are effectively stealing from those that do pay the legally required amount. I am not talking about what the best tax rate is, or what the moral tax rate is, or what the progressive/regressive nature should be. I am saying those that are evading taxes are wrong because they are stealing from those that follow the law. They can vote for politicians that deliver lower taxes. It is a pretty easy thing to sell the electorate. "Elect me and I will lower taxes." It goes over well.

    Why would I care if you quit work and rode mountain bikes? I don't see how it would bother me at all. I hope you do so then you won't have to be sad about your 12 hour shifts.

    Anyway I will argue more later right now I am annoyed by that bastard in CT who shot all those kids and don't want to worry about someone being wrong on the internet.


    This thread is about the wealthy, not the middle class and poor. I showed you how high taxes really are for the wealthy and used Greece as a good example of the effect of out-of-control government spending and a high taxes on a nation. It is easy and convenient to blame the rich for everything but this is just misdirection from your ruling elite to deflect attention from the true catastrophe brewing for the entire Western world. You cannot enrich a nation by impoverishing the productive sector and eating the rich might be emotionally satisfying but what will you do after you confiscate everyones's wealth?

    The point is that if you tax the productive sector into oblivion there will be no wealth to tax and no freebies for anybody. Nobody is going to work or produce anything if they have to give ninety cents of every dollar they make to what they perceive as a bunch of lazy freeloaders. Very few people will work from the goodness of their heart. I don't dislike my job, for example, but I wouldn't do it for ten percent of what I currently make. It would just not be worth all the hassles.

    Not paying taxes is illegal but when the tax rates rise to tyrannical levels it is not immoral and it is not stealing. We are supposed to be a people who have a government, not the other way around. The government is immoral and corrupt to the core as is everything and every institution it touches...which is practically everything. If you want to keep shoveling money into its gaping maw....well...what can I say.
  • 12-15-2012
    beerguitar69
    Politics on a mountain bike forum. I think I'll go ride my bike.
  • 12-15-2012
    skiahh
    Quote:

    Originally Posted by shekky View Post
    i thought that the two political parties were supposed to work together to solve the nation's problems, regardless of which holds the majority.

    now back to relevant subjects:

    In an ideal world/system they are. And for many years, it did work that way. But the way our system has, er, evolved, the party in control is supposed to show enough leadership to inspire the other party to compromise to get things done.

    Like I said, that's just the way it works, unfortunately.
  • 12-15-2012
    Jayem
    Quote:

    Originally Posted by Ailuropoda View Post
    The point is that if you tax the productive sector into oblivion there will be no wealth to tax and no freebies for anybody.

    So let me get this straight. If we tax the wealthy at 40%, they will have no motivation and drive to make any more money, to buy the same things (or more) than they had before...

    Yet...

    You expect that poor or middle class people will be inspired to make more money and increase their standard of living?

    This sounds like a double standard. What is so depressing and unmotivated about being rich? Why would you expect the lower and middle classes to "rise up" and not the rich? Even if the rich guy is taxed at 40%, if he increases his productivity, makes his business more successful, brings in more profit, he still gets to take home more pay.
  • 12-15-2012
    SS Hack
    Quote:

    Originally Posted by Jayem View Post
    So let me get this straight. If we tax the wealthy at 40%, they will have no motivation and drive to make any more money, to buy the same things (or more) than they had before...

    Yet...

    You expect that poor or middle class people will be inspired to make more money and increase their standard of living?

    This sounds like a double standard. What is so depressing and unmotivated about being rich? Why would you expect the lower and middle classes to "rise up" and not the rich? Even if the rich guy is taxed at 40%, if he increases his productivity, makes his business more successful, brings in more profit, he still gets to take home more pay.

    Tax rates were higher in the "go-go nineties" and the economy boomed like crazy and lifted all boats. Tax rates were much higher than even the 1990s during the 1950s and that era is generally regarded as the biggest and most widespread boom in American history.