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      02-14-2019, 10:50 PM   #573
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This is a big story around these parts (NYC) obviously. I have to say I love how Bozo handled this one! Amazon said.. ya know what... fuck this shit. We don't need this crap where we're going to be villainized by local politicians.

I also am somewhat happy to see Amazon gtfo of Long Island City (North-western Queens NYC for non-locals). They portrayed themselves as setting up a second headquarters, but then they decided on two "second" headquarters. Feels like a shell game. How does Amazon pick two different locations as their second headquarters?
Sounds like the politicians talked themselves out of a lot of jobs.
They did... but there's a reason why Governor Cuomo and Mayor de Blasio didn't trumpet this deal when it was signed initially. It's not a deal to be proud of. Long Island City, while very industrial; is valuable real estate. Its very close to Manhattan. I'm not sure we need to deliver massive tax incentives to get someone to develop this neighborhood.
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      Yesterday, 07:44 AM   #574
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Originally Posted by dsad1 View Post
She is right in the form that money is being donated, but the support for Israel is there because we believe they have the right to defend themselves and have the right to exist. They are our ally.

She is making it seem like the only reason we side with Israel is because someone is paying for it.
Go educate yourself more.
You make it sound like Israel is the victim. They are the bully in that region.
Politicians here get their lobby money.
Our government send a lot more money to Israel.
Don't get the facts wrong. US wants Israel as an ally because of their strategic geographic positioning in that region.

Right to exist. Yeah, right. Like Ethiopia (you know, that shit hole country, doesn't have the right to exist?

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Originally Posted by Delta0311 View Post
Ok that makes sense.
No. It does not make any sense.
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      Yesterday, 08:47 AM   #575
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Originally Posted by MPBK View Post
Go educate yourself more.
You make it sound like Israel is the victim. They are the bully in that region.
Politicians here get their lobby money.
Our government send a lot more money to Israel.
Don't get the facts wrong. US wants Israel as an ally because of their strategic geographic positioning in that region.

Right to exist. Yeah, right. Like Ethiopia (you know, that shit hole country, doesn't have the right to exist?


No. It does not make any sense.

The crazy is strong with this one...

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      Yesterday, 10:42 AM   #576
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Originally Posted by Run Silent View Post
Not just water wings. Buck Rogers water wings.



1) Tax is a complicated matter, yet it shouldn't be. A modified flat tax (i.e. the Neil Boortz fair tax) would be a huge improvement.

2) Taxes should be used to fund the minimal amount of government needed and that is all. Taxes should not be used to attempt to create 'fairness' in society or to induce morality (cigarette taxes, etc).

3) In general, the lower the taxes, the less drain on society and the increased ability for citizens to create their own paths to wealth.

4) Over the long run, the government never helps the poor. Anything the government does for the poor eventually makes them worse. The best thing the government could do for the poor would be to get out of the way.

5) I have a decent amount of knowledge on these types of subjects, based on my education and what I do for a living.

6) Of course my statement was an oversimplification. This is an internet chat forum about BMW's - not a policy directive for political affairs. The comment I made was just and sound. I don't need to re-write a dissertation to prove a general point.
I think what most people lack of understanding is that Socialism and Communism are both economic systems AND governmental systems. Capitalism is an economic system that only requires a form of government that allows the governed to act freely under natural law. There are many variations of representative government's where capitalism prospers. Socalisim and Communism operate in defiance of natural law, which is why both forms fail.

Apparently Boston University fails to teach such basic concepts, or AOC missed those classes making rooftop dancing videos.
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      Yesterday, 11:53 AM   #577
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Originally Posted by Run Silent View Post
The crazy is strong with this one...
https://www.cfr.org/backgrounder/how...ts-foreign-aid
More than two hundred countries receive U.S. aid. It disproportionately goes to a few, however, with the top five all receiving over $1 billion per year as of 2016: Iraq ($5.3 billion), Afghanistan ($5.1 billion), Israel ($3.1 billion), Egypt ($1.2 billion), and Jordan ($1.2 billion).

There.
He could build 3 stupid walls by taping only the military aid to other countries.

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      Yesterday, 12:12 PM   #578
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Originally Posted by Run Silent View Post
1) Tax is a complicated matter, yet it shouldn't be. A modified flat tax (i.e. the Neil Boortz fair tax) would be a huge improvement.
It's an interesting idea, but if a flat tax makes sense then why is it that it has not been implemented? Is it because it is not as simple as it seems? I am not a tax accountant so I'll let someone else make the call.

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Originally Posted by Run Silent View Post
2) Taxes should be used to fund the minimal amount of government needed and that is all. Taxes should not be used to attempt to create 'fairness' in society or to induce morality (cigarette taxes, etc).
I agree that tax should not be used for "morality" purpose such as a mean to distribute income, but I think it's a lot more complicated than just a mean to fund the government. Because we have the FED. Most money used to fund the government actually comes from the FED through debt in the form of bonds. And since we are spending a lot more than we collect in tax, tax is more than tax for lack of a better phrasing. It's even more complicated when the government prints money to finance its spending which is just another form of a hidden tax. And this form of tax is somewhat regressive since this form of tax is levied on every single American even the unborn!
I've been complaining about QE but if you're being cynical about it, it's like a form of nuclear arm race. If the other guys do it, you do it too. What does it mean? It means everybody needs to get off their a$$ and good bye to retirement.

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Originally Posted by Run Silent View Post
3) In general, the lower the taxes, the less drain on society and the increased ability for citizens to create their own paths to wealth.
Good luck with that. The FED will ensure that your a$$ ... err I mean your wealth is theirs. That's why if you hold cash, you're dead figuratively speaking of course. That's why stocks are just too overvalued. I mean where else would you park your money? George Bush once said about the terrorists that he would "smoke them out". I guess that's how the FED sees our money.

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Originally Posted by Run Silent View Post
4) Over the long run, the government never helps the poor. Anything the government does for the poor eventually makes them worse. The best thing the government could do for the poor would be to get out of the way.
I agree to a certain degree. I believe in a safety nets for those who may have gone through a tough patch.

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Originally Posted by Run Silent View Post
5) I have a decent amount of knowledge on these types of subjects, based on my education and what I do for a living.
So do I

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Originally Posted by Run Silent View Post
6) Of course my statement was an oversimplification. This is an internet chat forum about BMW's - not a policy directive for political affairs. The comment I made was just and sound. I don't need to re-write a dissertation to prove a general point.
Sometimes oversimplification is not a bad thing.
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      Yesterday, 01:22 PM   #579
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Originally Posted by MPBK View Post
https://www.cfr.org/backgrounder/how...ts-foreign-aid
More than two hundred countries receive U.S. aid. It disproportionately goes to a few, however, with the top five all receiving over $1 billion per year as of 2016: Iraq ($5.3 billion), Afghanistan ($5.1 billion), Israel ($3.1 billion), Egypt ($1.2 billion), and Jordan ($1.2 billion).

There.
He could build 3 stupid walls by taping only the military aid to other countries.
Hmm - you were saying that we only care about Israel because the give us money to care, yet you show that we give them an enormous amount of aid, but not as much as the rest of the top five, which - wait for it - are all Muslim countries.

I honestly have no idea what you are on about.




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Originally Posted by WestRace View Post
It's an interesting idea, but if a flat tax makes sense then why is it that it has not been implemented? Is it because it is not as simple as it seems? I am not a tax accountant so I'll let someone else make the call.
You seem quite bright, so I assume you are being pedantic. Surely you know why it hasn't been enacted yet? This is a gimmie.



Quote:
Originally Posted by WestRace View Post
it's a lot more complicated than just a mean to fund the government. Because we have the FED. Most money used to fund the government actually comes from the FED through debt in the form of bonds. And since we are spending a lot more than we collect in tax, tax is more than tax for lack of a better phrasing. It's even more complicated when the government prints money to finance its spending which is just another form of a hidden tax. And this form of tax is somewhat regressive since this form of tax is levied on every single American even the unborn!
I've been complaining about QE but if you're being cynical about it, it's like a form of nuclear arm race. If the other guys do it, you do it too. What does it mean? It means everybody needs to get off their a$$ and good bye to retirement.


Good luck with that. The FED will ensure that your a$$ ... err I mean your wealth is theirs. That's why if you hold cash, you're dead figuratively speaking of course. That's why stocks are just too overvalued. I mean where else would you park your money? George Bush once said about the terrorists that he would "smoke them out". I guess that's how the FED sees our money.


I agree to a certain degree. I believe in a safety nets for those who may have gone through a tough patch.


So do I
Not sure what point you are trying to make about going on about the Fed. The Fed isn't some scary monster in the closet. In addition, I was specifically referencing the Income Tax, not all the other embedded taxes in our lives, which you seem to be referring to in your Fed diatribe.

You really don't know what I do for a living, do you?
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      Yesterday, 01:36 PM   #580
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Quote:
Originally Posted by Run Silent View Post
The Fed isn't some scary monster in the closet.
I can only hope.

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Originally Posted by Run Silent View Post
In addition, I was specifically referencing the Income Tax, not all the other embedded taxes in our lives, which you seem to be referring to in your Fed diatribe.
That's why I was saying tax may be too complicated. It's not just income tax. It's sales tax, corporate tax... Let's say if a corporation to make a product which you have to purchase raw materials. How would you levy tax on that? And this is just one specific example. So a simple flat income tax still leaves a large part of other "taxes" that may not be easily implemented with just a flat tax.

And in relation to corporate tax, you have equipment depreciation deduction which is just another way to lighten your tax load.

I mention the FED because it is also another form of tax and even if you have a flat income tax, the FED by mean of printing money is another form of tax (on top of your income tax) that is not "flat" but in some sense a regressive type.



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You really don't know what I do for a living, do you?
You're "run silent" so you're stealth. So I don't know.
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      Yesterday, 01:55 PM   #581
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Hmm - you were saying that we only care about Israel because the give us money to care, yet you show that we give them an enormous amount of aid, but not as much as the rest of the top five, which - wait for it - are all Muslim countries.

I honestly have no idea what you are on about.
https://www.1addicts.com/forums/show...&postcount=575
Which part of "Our government send a lot more money to Israel." you didn't understand?

If you didn't understand what I said, you didn't understand Omar's twit and the "fake" cry that followed.
I don't understand a lot of things... it's OK not to put your opinion on everything.
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      Yesterday, 02:07 PM   #582
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Originally Posted by MPBK View Post
https://www.1addicts.com/forums/show...&postcount=575
Which part of "Our government send a lot more money to Israel." you didn't understand?

If you didn't understand what I said, you didn't understand Omar's twit and the "fake" cry that followed.
I don't understand a lot of things... it's OK not to put your opinion on everything.
This.....this is a strange post. Especially the "Omar" part.
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      Yesterday, 02:16 PM   #583
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This.....this is a strange post. Especially the "Omar" part.
Yeah - hence why I stopped responding to the absurdity. The tin foil hats get in the way of folks like that hearing reality knocking.

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Yeah - hence why I stopped responding to the absurdity. The tin foil hats get in the way of folks like that hearing reality knocking.

Iíve read though your post, and your one of the most absurd ones here. By a lot.
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      Today, 01:13 AM   #585
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I love how there are so many average Joes in this thread campaigning for the multi-millionaires to keep more of their money, earned on the backbone of a well-built society that provided the means for them to succeed in the first place based on - ding, ding ding - TAXES!

You're sitting on a BMW forum's Off Topic section arguing about this relentlessly. The vast majority of you up in arms over this marginal tax rate overhaul are definitely not the target of this policy whatsoever.

I mean, shit. So many of you are 100% bought into the thought that you are temporarily displaced millionaires.

The magnitude of cognitive dissonance and sheer ignorance is absolutely amazing.
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      Today, 01:24 AM   #586
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Originally Posted by 6ixSpd View Post
I love how there are so many average Joes in this thread campaigning for the multi-millionaires to keep more of their money, earned on the backbone of a well-built society that provided the means for them to succeed in the first place based on - ding, ding ding - TAXES!

You're sitting on a BMW forum's Off Topic section arguing about this relentlessly. The vast majority of you up in arms over this marginal tax rate overhaul are definitely not the target of this policy whatsoever.

I mean, shit. So many of you are 100% bought into the thought that you are temporarily displaced millionaires.

The magnitude of cognitive dissonance and sheer ignorance is absolutely amazing.
It's funny how life can be a bit contradictory. You accused "average Joes" are who that allowed the "multi millionaires" to keep all their money. I mean it could be worse right? We could have Venezuela or some other dictatorship regimes. Who would you call them? The average Mexicans?

Lols'. I can almost smell the "racist" wrath coming my way.

How many "average Joes" does it take to create a multi millionaires?
How many "average Mexicans" does it take to create a dictator?
How many "AOC" it takes to create a Hitler?
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      Today, 01:30 AM   #587
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The only person who mentioned anything about race was you. I never alluded to, nor made any mention of racial undertones implicitly or otherwise. Im fact, I don't even understand what mental gymnastic long jump championship you just performed to even insinuate this.

If that's all you were able to comprehend from my use of the colloquial term "Average Joe," then I have no further intentions of engaging you in a discussion.

Do not confuse your projections for my explicitly written statements.
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      Today, 01:33 AM   #588
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Originally Posted by 6ixSpd View Post
The only person who mentioned anything about race was you. I never alluded to, nor made any mention of racial undertones implicitly or otherwise. Im fact, I don't even understand what mental gymnastic long jump championship you just performed to even insinuate this.

Do not confuse your projections for my explicitly written statements.
I didn't really accuse you of anything. Being in this forum, you sort of have to accept a certain type of opinion that is a bit on the margin, like mine ... although there is some truth in there.

I only used your post as a spring board of my own extrapolation however crazy it may sound.
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I didn't really accuse you of anything. Being in this forum, you sort of have to accept a certain type of opinion that is a bit on the margin, like mine ... although there is some truth in there.

I only used your post as a spring board of my own extrapolation however crazy it may sound.
Very crazy.
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Originally Posted by 6ixSpd View Post
I love how there are so many average Joes in this thread campaigning for the multi-millionaires to keep more of their money, earned on the backbone of a well-built society that provided the means for them to succeed in the first place based on - ding, ding ding - TAXES!

You're sitting on a BMW forum's Off Topic section arguing about this relentlessly. The vast majority of you up in arms over this marginal tax rate overhaul are definitely not the target of this policy whatsoever.

I mean, shit. So many of you are 100% bought into the thought that you are temporarily displaced millionaires.

The magnitude of cognitive dissonance and sheer ignorance is absolutely amazing.
Iíve never considered myself ďaverageĒ, I aspire to and work hard for more. And my name isnít Joe.

Iím not ďcampaigning for the multi-millionairesĒ. Iím interested in, in the context of this thread, a tax system that maximizes government revenue which inherently means maximizing economic output and opportunity. I think Iíve made this point well enough already.

OTOH, I also am not out to fleece multi-millionaires nor anyone else. I donít see economic classes as static; they are much more fluid due to individual economic mobility, which another poster already discussed, at least in the US.

Politically I donít support any ďtyranny of the majorityĒ including taxes that apply only to a few but are voted by the many (or their representatives). Thus, it doesnít matter to me whether or not I am the ďtarget of this policyĒ; wrong is wrong. If you think this a good idea for tax policy, then why not simple majorities for all other political issues, like abortion, LGBTQ(etc) rights, and so forth? Toss out the Supreme Court, whose primary role (IMO) is to protect our rights from overreaches by the majority in Congress, while youíre at it.

We may weíll disagree on these and other points. But letís focus on that instead of the ad homina, please.
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Iíve read though your post, and your one of the most absurd ones here. By a lot.
Iíve tried but I just canít let this one go.

Spend some time reading the many posts by Run Silent in several threads and I expect youíll realize he is logical, fact based, and clearly expert in financial, accounting and tax matters (his profession, by the way). ďAbsurdĒ completely fails as a characterization of his post here, and his body of posts.

If you have a different argument, you might try laying it out for all to see and discuss.
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