What you knew anyhow. Why the Spending Stimulus Failed

[callmeslick]

Slick hates anyone who is doing better than he is. "Upper earners hosing them for ages". According to your flawed logic that could describe my employees and me.

no, you clueless fuck, it doesn't. Moreover, even if you hit the lottery, it never will. You don't get it, there is a segment of your fellow citizens that just play in another league.

You don't get it dude, there will always be the rich. They're taxed at 50% if they make more than a mil a year. I'd be in the tower with a sniper rifle if I was being taxed at that rate.

if you were close to being in those upper earners, you would understand that it isn't really a problem, unless you wish to be greedy. That 50% marginal is actually 43%, and that is the lowest in ages. You did read that it was routinely 90%-82% for decades without any loons manning towers. Of course, there will always be a range of wealth.....a wide range. That isn't the issue, it's the matter of the role of government in assisting folks toward the bottom of the range, and those with means paying somewhat more for it. I'd guess that well over half of those with means have utterly NO problem with that concept. It's just that the rest of the group is greedy enough to spend huge sums selling a load of financial manure to clueless rubes like yourself.

[ruggbutt]

there is a segment of your fellow citizens that just play in another league.

There always has been and always will be. You're a classist, plain and simple. You have issues with the guy making millions of dollars. Fact is he pays more taxes percentagewise than the dude making $10k a year. Why in the fuck would anyone who isn't a retard have an issue with that? The guy making millions has every right to keep as much of his money as possible as does the guy making $10k. There's no argument for that, unless you're a fucking retard.

You did read that it was routinely 90%-82% for decades without any loons manning towers.

And that's a ridiculous tax rate.

it's the matter of the role of government in assisting folks toward the bottom of the range, and those with means paying somewhat more for it.

Whether you like it or not, the government is a business. In my business I can pay for things by spending no more than I make. Why the fuck is it so hard for the government to get that? And your party in particular. They'd rather spend more and tax more rather than streamline the business cuz lets face facts Slick, government is too bloated and needs a makeover.

[callmeslick]

You're a classist, plain and simple. You have issues with the guy making millions of dollars.

nope, sorry, wrong. Never have, never will. My social life alone would disprove that.

Fact is he pays more taxes percentagewise than the dude making $10k a year.

sure, but I guarantee he is paying less, percentage-wise than the guy making 50K. GUARANTEED. Why can I guarantee it? Because I've lived that one, my whole life. Never fails to amaze me that the rubes accept it.

Why in the fuck would anyone who isn't a retard have an issue with that? The guy making millions has every right to keep as much of his money as possible as does the guy making $10k. There's no argument for that, unless you're a fucking retard.

why would a grown man, trying to make an intellectual argument, use the word retard twice in the same paragraph?

And that's a ridiculous tax rate.

no, it really wasn't. What it did was channel those individuals and families with means, and corporations as well, toward long-term investment. In other words, if income over $1,000,000 is taxed at 90%, what exec clamors for a massive salary income. They want long-term compensation that pays long-term capital gains
(taxed now at 15%, and around 25% before the whackjobs enacted this loony bill in 2001). What having the old structure provided was impetus for long-term investment, long-term corporate planning. Instead, what we see now is the result of a couple decades of focus on short-term personal profit-taking, draining money away from workers and enriching a small handful.

Whether you like it or not, the government is a business.

no matter who likes it or not, you are flat-out wrong. What is the product? How do you advertise it, and to whom are you selling? Sorry, but government is a social contract between the various members of a population(the citizens, the People in the words of the Constitution). You have utterly no obligation to turn a profit, the goal is to allow for, as another once wrote, the General Welfare of the United States.

In my business I can pay for things by spending no more than I make.

in other words, you have no access to investment or other credit? Man, you are the worst business owner I've ever encountered, and it truly must suck to be you. No wonder you are so bitter, and seems consistent with the picture of stupidity you're painting of yourownself.

[ruggbutt]

in other words, you have no access to investment or other credit? Man, you are the worst business owner I've ever encountered

LOL, says the rube working for wages. Barry wants to overtax those of us who do $250k, that describes my business to a T. It describes most small businesses as a matter of fact. I'm going to let you in on a secret about this out of control taxation. If it continues I will start giving a 5-10% "incentive" to my customers who pay in cash. I'm tired of being taxed without being represented.

[callmeslick]

in other words, you have no access to investment or other credit? Man, you are the worst business owner I've ever encountered

LOL, says the rube working for wages. Barry wants to overtax those of us who do $250k, that describes my business to a T. It describes most small businesses as a matter of fact. I'm going to let you in on a secret about this out of control taxation. If it continues I will start giving a 5-10% "incentive" to my customers who pay in cash. I'm tired of being taxed without being represented.

why do you have no line of credit? I know guys running rural fly shops that can borrow to do business.
Nice of you to admit that you are willing to evade taxes, a Federal crime, for the almighty buck. What a hero.

[Buzz]

Slick............You really like this shit don't you? I mean, think of all the flies you could tie if you didn't post here.

Is this your new hobby?

[ruggbutt]

why do you have no line of credit? I know guys running rural fly shops that can borrow to do business.

Why would I need a line of credit? I pay my bills in full every month? If I can't afford something then I don't buy it. If I can't do the job and make a profit I don't do it that cheap. The only difference is that the government is willing to punish me for acting responsibly and for trying to make a living. ROFL, line of credit. You really have no clue about how to run a business, do you?

Nice of you to admit that you are willing to evade taxes..................for the almighty buck.

I have no problems paying taxes. It's being punished excessively for making a good living is what I have an issue with. Seriously, am I living high on the hog if my business makes $250k a year? I've gone and paid my licensing fees, I have my state tax permits, pay my federal tax and with the economy in the shitter this Administration wants to ram it up my ass because I dare to make a living.

As a business owner if I can pay into Social Security, but it costs me 50% more than it does you or anyone else who makes a wage. Cuz I pay my half (which you do) and then my business pays the other half. When you couple that with the fact that medicare coverage is dropping and that SS just may not be there when I'm old enuf to collect you might just be able to get a clue as to why I'm pissed off. I'm punished because I want to do things on the up and up. So lets say I decide to say fuck it and opt out. Here's my benefit:

I can collect free insurance and money from the state and feds cuz I'm not "working". I don't have to pay the $3500 a year in licensing fees. I don't have to spend several hours a month collecting (and sending in) sales taxes for the state. I don't have to carry liability insurance (I've never had to claim anything in 20+ years). I don't have to pay into workman's comp. I don't have to pay $300 a year into the recovery fund, which is used to protect homeowner's from contractors who don't finish their work to proper standards. My car insurance drops cuz I don't have to cover the truck for those extra miles I'm docked for cuz I'm self employed.

There's a myriad of reasons why to remain on the down low and off the books. Yet I continue to do what I've done and be a responsible citizen. This is the first time in my life I've even considered dropping out cuz of the bullshit the government is doing to small business. And it's even worse cuz my small business is in the construction industry, which is worse off than other businesses that sell goods. So what am I supposed to do, Slick? With the increased taxes and penalties I'd be hit with if Obama gets his way I'd make less than what my payroll is. That's ridiculous. Just so you understand what's really going on, it would be easy for service oriented businesses like mine to discount for cash. It's not a good option but if forced to I suspect you'll see plenty of business owners doing just that because they have no other choice but to do so. It's really easy for a dickhead like you to tell others what and how they should run their businesses but you have no fucking clue cuz all you are is an employee. You wouldn't have the first idea of what goes on with a business owner.

[callmeslick]

Slick............You really like this shit don't you? I mean, think of all the flies you could tie if you didn't post here.

probably a statement of how many I tie in the 4 months I do tie heavy. If you've ever noticed, not that I would encourage such, I tend to disappear much of the time from Jan-April, as I get ready for fishing season.

Is this your new hobby?

CWOS has always been an amusing hobby. Has been since 2002.

[callmeslick]

Why would I need a line of credit?

given your imagination, and long-term thinking, you probably don't.
Oh, and the rest makes such dimwitted assumptions about me, and such stupid business practice assertions as to be too stupid to go through, line by line and dissent. Enjoy life, commit fraud, whatever.

[Wullie]

Slick's hobby at CWOS.