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08-16-2022, 09:30 PM
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#16
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,739
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i think they are convincing everyone that the government did a great job bringing you inflation instead of telling the truth that its never been about inflation, but deflation. the evidence is that they can't hold these high oil prices up for too much longer. oil always needs to find a home. i told you guys 4 months ago that there was a major problem with the oil, there were too many tankers offshore for too long. now there are no tankers to put the oil on. Powell knew all along, calling this "transitory inflation". he invented that line to fit this.
it really doesn't matter what FOX NEWS, CNN, HOT AIR, or whatever media bullshit comes at you. none of them tell the truth and don't know what's going on.
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08-16-2022, 09:46 PM
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#17
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Registered User
Join Date: Jan 2015
Location: Beaverdam Virginia
Posts: 12,662
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Quote:
Originally Posted by JustRalph
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CNN admitted to being a liberal opinion source and the CEO or whatever he was says they are going away from that, maybe he meant it.
On the other hand I see the Biden administration has another idiot I haven't seen before. I swear I would not collectively trust them to manage a lemonade stand.
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08-17-2022, 09:12 AM
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#18
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Registered User
Join Date: Oct 2001
Posts: 46,883
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Quote:
Originally Posted by mostpost
1. It’s not new taxes. It’s taxes people should have been paying-in many cases taxes they cheated to avoid. If you paid your taxes honestly and properly, you will pay no more.
2. You ignore the fact that the top 5% will pay $105B in additional taxes under this legislation. Five times what the middle class will pay.
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Whoa, Mr. Mailman....are you saying that taxpayers cheat and lie on a grand scale and this warrants gestapo-type tactics by the IRS? But what "never" happens on a grand scale is that Americans cheat on elections? Just the mere thought of cheating for a desired political outcome is as rare a find as a white elephant, right? Ditto for people who want to game the various forms of our welfare system, too, right? Lazy, good-for-nothings are all but non-existent, right? 
__________________
Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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08-17-2022, 10:42 AM
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#19
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Registered User
Join Date: Jun 2006
Location: Oklahoma
Posts: 1,972
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will this effect truck owner operators that file taxes as s corp?
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08-17-2022, 10:58 AM
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#20
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Registered User
Join Date: Jan 2015
Location: Beaverdam Virginia
Posts: 12,662
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Quote:
Originally Posted by mrhorseplayer
will this effect truck owner operators that file taxes as s corp?
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By just skimming through on S corp filings of which I have never done, as I am a sole proprietor, it looks like they are the type this bill is after. If they are paying out all profits as dividends to its employees Uncle Sam wants to skim 15% off the top. That is how I understand it. Maybe Cliffy can explain, he knows everything.
I had a friend who worked for a place like that. After the minimum rainy day fund was satisfied everyone got a bonus based on their W-2 gross. Uncle Sam was actually getting more money than 15% as those fat bonus checks
bumped people in to higher tax brackets.
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08-17-2022, 11:50 AM
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#21
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,768
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Quote:
Originally Posted by mrhorseplayer
will this effect truck owner operators that file taxes as s corp?
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Yep…
I’ll be one of the targets
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
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08-17-2022, 12:12 PM
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#22
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Registered User
Join Date: Dec 2005
Location: Western NY
Posts: 5,336
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Medicaid/medicare fraud accounts for between 60 - 90 billion dollars per year. Seems like this would be a better place to recoup taxpayer money.
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08-17-2022, 01:22 PM
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#23
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Registered User
Join Date: Mar 2017
Location: Baystater
Posts: 3,483
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I heard today 186 billion in fraud from the payroll protection and unemployment paid out during the pandemic. Another good place to sic the IRS dogs on.
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08-17-2022, 01:23 PM
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#24
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,812
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Wonder ho they paid Manchin to to from decent man, concerned with his country to the sniveling, lying, POS scumbag he is today.
The pathetic party of pedo-loving, commie-following, anti-american azzhole is going to take money from people making $10 grand a year and give to people makinf over $200 grand to get them to buy electric cars.
__________________
Who does the Racing Form Detective like in this one?
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08-17-2022, 02:04 PM
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#25
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,536
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Quote:
Originally Posted by Tom
Wonder ho they paid Manchin to to from decent man, concerned with his country to the sniveling, lying, POS scumbag he is today.
The pathetic party of pedo-loving, commie-following, anti-american azzhole is going to take money from people making $10 grand a year and give to people makinf over $200 grand to get them to buy electric cars.
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Word on the street...Bill Gates got a hold of Manchin.
https://www.bloomberg.com/news/featu...en-just-signed
https://www.foxnews.com/media/bill-g...view-bloomberg
https://www.nationalreview.com/news/...g-bill-report/
Another unelected rich fuck making America the shithole that it deserves to be at this point.
How many times you fly on Jeffy's plane, Bill Gates?
Last edited by PaceAdvantage; 08-17-2022 at 02:06 PM.
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08-17-2022, 03:19 PM
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#26
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Registered User
Join Date: Jun 2006
Location: Oklahoma
Posts: 1,972
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what truck owners who rile s corp normally do is deduct expenses for running the truck then pay yourself as a driver wich is deducted out of truck profit so it lowers you taxes and then you pay on what the driver made so its a lower tax bracket lol this bill scks
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08-17-2022, 03:21 PM
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#27
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Registered User
Join Date: Jun 2006
Location: Oklahoma
Posts: 1,972
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08-17-2022, 03:43 PM
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#28
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Resurrectionist
Join Date: Jan 2017
Location: Cheyenne, Wy
Posts: 3,615
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Quote:
Originally Posted by Tom
Wonder ho they paid Manchin to to from decent man, concerned with his country to the sniveling, lying, POS scumbag he is today.
The pathetic party of pedo-loving, commie-following, anti-american azzhole is going to take money from people making $10 grand a year and give to people makinf over $200 grand to get them to buy electric cars.
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Jimmy's kind of party!
__________________
Battle is the most magnificent competition in which a human being can indulge. It brings out all that is best; it removes all that is base. All men are afraid in battle. The coward is the one who lets his fear overcome his sense of duty. Duty is the essence of manhood.
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08-17-2022, 05:36 PM
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#29
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,812
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Quote:
Originally Posted by PaceAdvantage
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I thought Soros at first...thanks for the links.
Manchin is also a Russian asset, in case you didn't know. 
__________________
Who does the Racing Form Detective like in this one?
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08-17-2022, 05:51 PM
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#30
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Registered User
Join Date: Nov 2001
Location: Norfolk VA
Posts: 6,246
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Quote:
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I have a question. That 370 billion or whatever the number allocated for climate change, how much of a drop in the Earth's temperature are we going to see from it. If nothing then we just pissed away a lot of taxpayer money.
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What proof do we have that lowering CO2 will lower temperatures.
Question - If this was passed via reconciliation, can it be repealed vis reconciliation?
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