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  1. #1351
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    Quote Originally Posted by riser3 View Post
    Exactly. Policy, not seizure. With the latter, people just get hurt.
    Tax policy involves both..
    Go that way really REALLY fast. If something gets in your way, TURN!

  2. #1352
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    Quote Originally Posted by SumJongGuy View Post
    Tax policy involves both..
    Ya, no. FFS.

  3. #1353
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    Quote Originally Posted by riser3 View Post
    Ya, no. FFS.
    Ya yes if you don't pay your taxes they take your shit..
    Go that way really REALLY fast. If something gets in your way, TURN!

  4. #1354
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    Quote Originally Posted by SumJongGuy View Post
    I'd go first if it guaranteed a legit redistribution of all of the wealth hoarded by the .01% among the poorest of the poor. To make the world a more equitable place for my children and grandchildren?? In a heartbeat I'd take that bullet to the head.
    I always tell people to do the math. It doesn't quite work out as great as you think. Seriously....

  5. #1355
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    Quote Originally Posted by ötzi View Post
    My Dad was an avowed socialist but he sometimes said, even if you divided all the money equally among everyone, in 5 years it would all be back where it started. Seizing wealth isn't gonna do anything unless the system is changed.
    Realistically, if we closed the trust/permanent wealth loopholes and restored original estate taxes to take most wealth on death, that would fix most things. There would still be rich people, but it would be more temporary and less permanent overclass.

  6. #1356
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    Quote Originally Posted by SumJongGuy View Post
    Ya yes if you don't pay your taxes they take your shit..
    Taxes are the agreed upon contribution to society. That's not what I am referring to when I say seizure.

  7. #1357
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    Quote Originally Posted by ötzi View Post
    My Dad was an avowed socialist but he sometimes said, even if you divided all the money equally among everyone, in 5 years it would all be back where it started. Seizing wealth isn't gonna do anything unless the system is changed.
    "Seizing Wealth". That's what they call the school tax in these parts.
    A few people feel the rain. Most people just get wet.

  8. #1358
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    Quote Originally Posted by riser3 View Post
    Taxes are the agreed upon contribution to society. That's not what I am referring to when I say seizure.
    What do you call it.. forfeiture? Like when they take your house, car, business assets for not paying taxes?
    Go that way really REALLY fast. If something gets in your way, TURN!

  9. #1359
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    Quote Originally Posted by SumJongGuy View Post
    What do you call it.. forfeiture? Like when they take your house, car, business assets for not paying taxes?
    Pay your fucking taxes deadbeat.

  10. #1360
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    Well, I did it. Gave my notice today..

    Just too stressful and too tired of being overworked. Need to take better care of myself. Nothing firm lined up yet but have some feelers out there and in my field it should be easy enough getting something better with more reasonable expectations.

    Feels good!

  11. #1361
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    Quote Originally Posted by JayPowHound View Post
    Well, I did it. Gave my notice today..

    Just too stressful and too tired of being overworked. Need to take better care of myself. Nothing firm lined up yet but have some feelers out there and in my field it should be easy enough getting something better with more reasonable expectations.

    Feels good!
    Congrats man.

    Look up the word “mudita”. That’s what I feel when I read a post like this.

  12. #1362
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    Isn't this ^^ just a simple job change ?
    Lee Lau - xxx-er is the laziest Asian canuck I know

  13. #1363
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    To paraphrase Ronnie - Are you better off than you were 40 years ago?

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  14. #1364
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    Quote Originally Posted by Peruvian View Post
    To paraphrase Ronnie - Are you better off than you were 40 years ago?

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    Fuck that guy.

  15. #1365
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    He also increased the capital gains to 28% so there was parity between those who work for a living and those who live off their wealth. Today the top CG is 20% and the top income is 37%.

    Also he lowered the rate from 70 to 50 in 81 then 50 to 28 in 84.


    Sent from my iPhone using TGR Forums

  16. #1366
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    Quote Originally Posted by neufox47 View Post
    He also increased the capital gains to 28% so there was parity between those who work for a living and those who live off their wealth. Today the top CG is 20% and the top income is 37%.

    Also he lowered the rate from 70 to 50 in 81 then 50 to 28 in 84.


    Sent from my iPhone using TGR Forums
    Reagan lowered capital gains to 20%, reduced estate taxes, and cut the highest rates from 70% to 50% while lowering the lowest end from 14 to 11% in ‘81. Realizing these cuts would skyrocket the budget deficit, he taxed Medicare and Social Security benefits. Average income grew 75% in the 1980s but the median income only increased 10%.

  17. #1367
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    Is it radix panax notoginseng? - splat
    This is like hanging yourself but the rope breaks. - DTM
    Dude Listen to mtm. He's a marriage counselor at burning man. - subtle plague

  18. #1368
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    Quote Originally Posted by old goat View Post
    I've said it before and I'll say it again (and again and again and again)--My grandfather was right. Capitalists should be lined up against a wall and shot.
    Was this the communist landlord?


    This sticker seems relevant. Click image for larger version. 

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  19. #1369
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    Quote Originally Posted by abraham View Post
    Was this the communist landlord?


    This sticker seems relevant. Click image for larger version. 

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    Not only do they vote, they take those profits from screwing you over, and 'donate ' a tithe to their politician of choice.

  20. #1370
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    Quote Originally Posted by abraham View Post
    Was this the communist landlord?

    Yeah, that one.

  21. #1371
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    Quote Originally Posted by Peruvian View Post
    To paraphrase Ronnie - Are you better off than you were 40 years ago?

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    Also ended the FCC Fairness Doctrine paving the way for Fux News..
    Go that way really REALLY fast. If something gets in your way, TURN!

  22. #1372
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    FCC fairness doctrine didnt apply to cable channels. Just broadcast

  23. #1373
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    Quote Originally Posted by mcski View Post
    FCC fairness doctrine didnt apply to cable channels. Just broadcast
    Back then true, but they now definitely regulate interstate cable and satellite broadcasts.
    Go that way really REALLY fast. If something gets in your way, TURN!

  24. #1374
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    My high school senior daughter just quit her retail job. No clue what was the last straw but I'm amazed she made it this long before walking out of a retail job. She can go get her grocery store job back in a heartbeat. But I'm good with her taking a break from that kind of customer facing work until Omicron settles down. Standing there at a checkout with non stop customers talking to her for hours has to be risky. I had just now convinced her to entertain KN95s instead of surgical masks. But, those will be good for school too.
    Go that way really REALLY fast. If something gets in your way, TURN!

  25. #1375
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    Piece on 60 minutes last night about the GR. The piece seemed to be oriented towards white collar workers (the main interviewee was an economist from Linkedin. How many ditch diggers are on Linkedin?) A good proportion of those leaving the workforce--at least the white collar workforce--consists of older workers retiring early and women with preschool and school age children, for obvious reasons.

    One thing I haven't seen talked about and which may cause workforce shortages to persist after the pandemic is the changing demographics in the US (and other first world countries). Decreasing birthrates, an aging population with time and money to spend, and a decrease in immigration means the pool of potential workers will continue to shrink while demand for goods and services grows. In addition, shortages of day care workers will further reduce the ability of people with kids (mostly women) to work.

    These factors also bode ill for inflation.

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