|
|
|
Occupy Bay street
- Thread starter thebigwoof
- Start date
Wow... How did he get that much credit with so little income. This is exactly why I am a supporter of a heavily regulated credit/banking system, When someone becomes financially ruined we all hurt as a society. So much of the stupidity that caused the last recession (and future ones) should not have been allowed to happen.
Credit is an addiction for some people.
didnt say it was a he...the banks creep up your limit year over year as you continue to pay the minimum. then you get alll kinds of offers at stores and in the mail for pre approved...15 years later you are drowning. simple as that
and what is THE protest then? care to enlighten us?
Its funny when someone told me another individual is paying off a credit card with another credit card. I'm like "Fo Realz??"
Then I read something like this and realize that there are many different kinds of ppl out there
He's provided the paperwork to back his claim. Plus, the article I linked to crunched their own numbers and came up with the 18% tax rate. That means if he's lying as you seem to be saying then he's also forged documents, and this media outlet is part of the duplicity.
mma01
Well-known member
The innovation at Apple, and almost every other company that has produced goods and services that have enriched our lives, is inextrictably intertwined with the financial system:
-Would anyone have these products if wall street hadnt provided companies with access to the equity markets?
-Would the brightest talent be willing to work at innovative start ups that dont have cash flow to pay them a decent salary, but can give them huge potential upside from stock options?
-If we didnt have globalization, do you think any of these products would be available at a price affordable to the average consumer?
Last edited:
i even posted the graph of income tax rates in the us and you still cant accept the facts. you are out to lunch. here it is again
| $0 – $6,000 | Nil |
| $6,001 – $37,000 | 15c for each $1 over $6,000 |
| $37,001 – $80,000 | $4,650 plus 30c for each $1 over $37,000 |
| $80,001 – $180,000 | $17,550 plus 37c for each $1 over $80,000 |
| Over $180,000 | $54,550 plus 45c for each $1 over $180,000 |
exactly...but the dummies dont like the facts they just like chanting hey hey ho ho (insert name here) has got to go
... yet are not at all necessary to live them.
Do we seriously need the latest netapplebook 7 because it's faster? And by faster that usually means faster at becoming obsolete or a total POS that gets worse with every upgrade. Do we need to play "the fastest" games on our phones so much so that we should get yet another locked contract for three years so we can have something to kill a whole five minutes while waiting in a line?
Do we seriously need a social network so we can add 300+ people that we vaguely remember from highs chool and talk to maybe 10 of them?
Do I give a **** that some guy I met fifteen years ago and havn't seen since is eating Mc Donalds for lunch or can't wait for the weekend?
All this re branded **** that drives people into debt is the same **** it was when it was 5.1 or GEN 2 or 4 Gig and it's better yet it just doesn't last a year before it breaks or has to be replaced because it won't play the latest greatest trend game that's all the craze.
People want to blame someone for the mess but will never admit they contribute to it because they are so worried about how they will be judged when they pull out their phone to call someone for no real good reason other than they want perfect strangers to see them talking on their 5G mega ultraphone....
The banks are taking advantage of peoples frail self esteem and stupid need for absolute crap and then when they do, well, they are the bad guys.
I'm wishing for an Apocalypse so the world can be sorted out by survival of the fittest. Not breed in weakness and appease your 200 lbs ten year old with PlayStation 4 that will make his PS3 old and no fun any more..
That's taxes on salary. It's only a fraction of his income tax. You keep coming back to this partial picture for some reason. Why are you purposely ignoring his dividend tax rate?
Oddly, prior to having our lives 'enriched', there was no reason for the present type of demonstrations.
Kids played outdoors. They went to school. When that was done, they pretty much chose where they wanted to work, and applied for a job, and usually started the next day.
The middle class was the majority. It was in full swing doing it's part to keeping the economy afloat, and paying tax.
Too bad the 99% gang wants it eliminated.
this is like talking to a wall... for the very last time. his point was he pays a lower tax rate than his secreteries which he does not. He chooses to take dividends which are taxed at a lower rate after corporate taxes are paid on the profit. if he is conmcerned about paying the higher tax rate that any high income earner not able to take dividends would he should take his income as pure salry and he would be taxed as per the chart. THEREFORE...the more you make the higher your tax rate.
mma01
Well-known member
You are right in that none of this is necessary to live. But IMO, having more choice is good, is it not? Stepping away from social media, smart phones etc for a moment, as motorcyclists, are we not enriched from having more technology on our bikes? Or would you have you have preferred a simpler time when all we had was bia ply tires and carbs? The funding to develop and make all of these cool toys available to you and I was made possible from the capitalist system.
If someone is so feeble minded that they buy something they cant truly afford, well, thats their own damn fault.
Last edited:
LOL..an Apocalypse? It’s only an Apocalypse when you’re feeding off the government or in the banks. The paper Ponzi scheme is coming to an end for them.
We the productive people will live on. Their easy way of life is going to end so they are scaring the **** out people into thinking if you don’t save the banks, or all hell will break loose.
Banks and governments are essentially playing a parasitic role.
Yea and that's mostly what I was pointing out.... going into debt for it.
However, if it truly is better, why does it last a few months instead of several years?
And, why do we feel we have to replace (the smaller) things when there is nothing wrong with them in the first place?
My parent's phone hung in the kitchen for fifteen years and when it rang we would answer it and the message got passed....
However, if it truly is better, why does it last a few months instead of several years?
And, why do we feel we have to replace (the smaller) things when there is nothing wrong with them in the first place?
My parent's phone hung in the kitchen for fifteen years and when it rang we would answer it and the message got passed....
you should read history. many uprisings and social unrest going back to biblical times
Got all that shy of big dogs and a horse.
I plan on picking off every other slow to react person as they start coming my way....
Same idea, different game plan.
Why get the supplies when they will drive them right to me, ya know
|
|
|
|
|