What happened to all of the doom and gloom economic threads?

[RobDownSouth]

I do? Show me a post squealing for the downfall of the country, you liar. I have nothing to do with America going down the shitter, that would be you, your vote, your candidate, your party.

*points and laughs at the Vettebigot.

The Vettebigot's whole existence since November 2008 has been dedicated to the premise "Better America should fail than that neggar president succeed".

 

[mercury14]

Here is what I was originally musing about:

Originally Posted by Dribble
Funny thing about our right-wingers here...they inadvertantly keep providing proof that they have nothing or next to nothing. Isn't the internet great?

I made the observation that people with 401K's have spent a lifetime working and scraping and kissing ass and may retire with a million dollars or so (although that's unrealistic as most 401K's are in the 10s of thousands).

The poster Dribble was making a snide comment, that in itself, to me, make him look exactly the same as the righties he is trying to deride.

Not important though and I don't want to argue about it.

I wonder if I'm a wage slave...

 

[JohnnySavage]

I wonder if I'm a wage slave...

Do you sign the front or the back of the pay check?

 

[Disgustipated]

Do you sign the front or the back of the pay check?

Both

 

[mercury14]

Do you sign the front or the back of the pay check?

So unless I am a business owner I'm a slave? That doesn't sound right.

Additionally about 20% of our income is from capital gains and dividends. What does that make us?

 

[JohnnySavage]

So unless I am a business owner I'm a slave? That doesn't sound right.

Additionally about 20% of our income is from capital gains and dividends. What does that make us?

As I understand it, you are a shrink. I suspect eventually you will land somewhere comfortable and decide to hang out your own shingle. At that point, you will know what I'm talking about. Have a glass of Merlot in my memory.

 

[phrodeau]

*points and laughs at the Vettebigot.

The Vettebigot's whole existence since November 2008 has been dedicated to the premise "Better America should fail than that neggar president succeed".

He has moved on to directly accusing the President of attempted murder.

http://forum.literotica.com/showpost.php?p=40143519&postcount=86

 

[Disgustipated]

He has moved on to directly accusing the President of attempted murder.

http://forum.literotica.com/showpost.php?p=40143519&postcount=86

That link also suggests vettidiot believes Obama killed the other blow hard.

 

[Sean Renaud]

I'm fairly certain he was joking though it is getting harder and harder to tell when the Right Wingers around here are joking and when they are dead fucking serious.

 

[richard_daily]

He has moved on to directly accusing the President of attempted murder.

http://forum.literotica.com/showpost.php?p=40143519&postcount=86

I'm not sure, the

may imply that he want's to have sex with Obama for a can of corn.

 

[unregistered]

 

[BoyNextDoor]

Is there any information on actual collections? or a per capita tax? or some apples-to-apples comparisons?

Does any other country have as screwed up a set off loopholes and breaks and credits as the mess that we have for a tax code?

 

[mercury14]

Is there any information on actual collections? or a per capita tax? or some apples-to-apples comparisons?

Does any other country have as screwed up a set off loopholes and breaks and credits as the mess that we have for a tax code?

Vette's entire premise relies on his fantasy that US companies actually pay their base tax rate.

 

[RobDownSouth]

Vette's entire premise relies on his fantasy that US companies actually pay their base tax rate.

In fairness to Vetteman (not that that bigoted son of a bitch is ever fair to anyone else), it's an accepted Republican whining point to confuse nominal tax rates with effective tax rates. Republicans have been promotin' that falsehood for years, mainly because the majority of Americans don't hear words like "nominal" "effective" and "net".

Like when Dubya's daddy promised us "no new NET Taxes".

 

[mercury14]

As I understand it, you are a shrink. I suspect eventually you will land somewhere comfortable and decide to hang out your own shingle. At that point, you will know what I'm talking about. Have a glass of Merlot in my memory.

It's a myth that most shrinks own their own businesses.

I have no desire to own/manage my own business on the side of having a full-time job. It's a ton of work for little payback.

 

[JohnnySavage]

In fairness to Vetteman (not that that bigoted son of a bitch is ever fair to anyone else), it's an accepted Republican whining point to confuse nominal tax rates with effective tax rates. Republicans have been promotin' that falsehood for years, mainly because the majority of Americans don't hear words like "nominal" "effective" and "net".

Like when Dubya's daddy promised us "no new NET Taxes".

Both sides distort the facts.

Most American companies are pass-thru entities and are not subject to a corporate income tax. Those that arent (C Corps) and are big enough, shift profits overseas and those profits aren't taxed. Only small and mid-sized C corps pay income tax; which is kind of unfair.

The corporate income tax should be eliminated.

 

[JohnnySavage]

It's a myth that most shrinks own their own businesses.

I have no desire to own/manage my own business on the side of having a full-time job. It's a ton of work for little payback.

I've dated a few shrinks over the years, each of them had a practice from their home and made big bucks, and didn't have to answer to anyone.

They were all crazy though. Genetic, not environmental.

 

[mercury14]

Most American companies are pass-thru entities and are not subject to a corporate income tax.

Where are you getting your information?

 

[mercury14]

I've dated a few shrinks over the years, each of them had a practice from their home and made big bucks, and didn't have to answer to anyone.

They were all crazy though. Genetic, not environmental.

What kind of shrinks were they?

 

[JohnnySavage]

Where are you getting your information?

Personal knowledge and experience.

 

[JohnnySavage]

What kind of shrinks were they?

I dunno. Listened to crazy people all day I guess. I can only assume that dating me was like bringing your work home.

 

[RightField]

You constantly root for Obama to fail, not caring that if he fails we all fail.

MY candidate is Romney and I refuse to be part of a party because I think for myself. I was actually a Republican for 25 years, until it became the party of big government and big spending under Bush II

I'm not rooting for him to fail, though I think many if not most of his policies aren't consistent with economic growth and are hurting more than helping the very people he is vociferously trying to help (the most vulnerable amongst us). The targeted investments in solar and wind are production-oriented before the technology is mature enough and therefore misguided and largely wasteful (not to mention the very questionable tight correlation between the "approved" companies and his political supporters).

The stimulus slowed the loss of a few jobs, but I think they had the belief that any spending was better than none which is not a good investment strategy. For example, building a new bridge between Manhatten and New Jersey would certainly reduce commute times and probably be a big boon to the economy whereas a midwestern "bridge to nowhere" that very few people use doesn't produce any lasting value other than creating a large concrete and steel monument to government stupidity and a few union jobs for a couple years. If it's a matter of building a bridge to nowhere (or trains no one will ride) I'd rather just leave the money in the hands of the people who earned it so they can make private investment.

I don't think that the temporary tax gimmics did much good either. They certainly didn't do much for demand or "long term growth" and weren't very stimulative as it turns out (based on the lack of growth over the past few years).

Obamacare is turning out to be a problem too. The legislation was rushed and there were a lot of very questionable changes in it such as the the individual mandate and the IPAB (some called the death panel) which is being railed upon by some Democrats who are writing a bill to repeal that particular part.

The only things that I can think of that I'd applaud so far are the raid on OBL and the other military related initiatives that he's followed. I only give partial "credit" for that though, because he's currently working on carving the heart out of the military through budget reductions.

I'm leaning towards Romney too.

 

[mercury14]

Personal knowledge and experience.

It's your personal experience that most American companies are pass-thru entities and are not subject to a corporate income tax?

 

[Lord_Steve]

I'm not rooting for him to fail, though I think many if not most of his policies aren't consistent with economic growth and are hurting more than helping the very people he is vociferously trying to help (the most vulnerable amongst us). The targeted investments in solar and wind are production-oriented before the technology is mature enough and therefore misguided (not to mention the very questionable tight correlation between the "approved" companies and his political supporters).

The stimulus slowed the loss of a few jobs, but I think they had the belief that any spending was better than none which is not a good investment strategy. For example, building a new bridge between Manhatten and New Jersey would certainly reduce commute times and probably be a big boon to the economy whereas a midwestern "bridge to nowhere" doesn't produce any lasting value other than creating a large concrete and steel monument to government stupidity.

I don't think that the temporary tax gimmics did much good either. They certainly didn't do much for demand or "long term growth" and weren't very stimulative as it turns out.

Obamacare is turning out to be a problem too. The legislation was rushed and there were a lot of very questionable changes in it such as the the individual mandate and the IPAB (some called the death panel) which is being railed upon by some Democrats who are writing a bill to repeal that particular part.

The only things that I can think of that I'd applaud so far are the raid on OBL and the other military related initiatives that he's followed. I only give partial "credit" for that though, because he's currently working on carving the heart out of the military through budget reductions.

I'm leaning towards Romney too.

i haven't been following this thread at all so maybe i have entirely the wrong idea about you but


this is a well-articulated and rational post. i don't agree with all of it, of course, but i'm so used to vetteman and busybody that i'm honestly impressed.

 

[JohnnySavage]

It's your personal experience that most American companies are pass-thru entities and are not subject to a corporate income tax?

Yes.

Sometimes all knowledge isn't internet based.