i say yes to roller-skating AND reefer.
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If we fall off the fiscal cliff, I'm prepared to start buying H&M.
Clinching my ass in 2013 for:
• payroll taxes back to 6.2%
• raise in income tax (20%-tile looking at 5-figure increases)
• raise in capital gains tax to 20%
• raise in dividend tax (to match new income tax rate?)
• raise in estate taxes to whopping 55% (1 mil.+ estates; plan to die before the year is over)
• AMT (not sure if it will affect me yet)
• no more federal unemploymentLast edited by endersgame; 12-29-2012, 01:09 AM.
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Originally posted by Carcass View PostHey, let us know when and where! I'm sure there are a few of us in the area who would like to check it out.Life is a hiiighway
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Originally posted by endersgame View Post
If we fall off the fiscal cliff, I'm prepared to start buying H&M.
Clinching my ass in 2013 for:
• payroll taxes back to 6.2%
• raise in income tax (20%-tile looking at 5-figure increases)
• raise in capital gains tax to 20%
• raise in dividend tax (to match new income tax rate?)
• raise in estate taxes to whopping 55% (1 mil.+ estates; plan to die before the year is over)
• AMT (not sure if it will affect me yet)
• no more federal unemployment
Originally posted by mrbeuys View Post
Still, first world problems.
But remember, the majority of the buying power responsible for supporting the very brands we members here fill our closets with is generated by the residual incomes of us First-Worlders – less so, percentage-wise, by the Second World populace – and is virtually non-existent when we cross over into Third World.
endersgame has reason to clench those designer-trouser wearing buttocks of his, when you take into consideration the potential domino effect this whole politi-fuck may bring. I can't think of one person it won't affect.
I'm usually right there next to you with your retorts, but that one made me wonder if you are paying any attention at all to what's going on outside of your own personal universe.
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sain't
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to be fair, endersgame was focusing solely on a slew of tax hikes that affect only americans sitting at the very top of the income pie, certainly not something that brings out the sympathy. Of course i'm not happy my taxes are about to go up by nearly the same amount as those making up to 8 times what i do, but i understand complaining about my taxes is a bit selfish these days.
i certainly didn't see much of any concern in his post for the de-stimulative affects of clamping down government spending in the period of a recession and how that affects the masses that are still looking for full-time jobs and trying to keep their familial finances in good standing.
fiscal cliff may affect us all, but it does in vastly different ways.
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well
we are all screwed by a set of jackasses who are/ will be least affected“You know,” he says, with a resilient smile, “it is a hard world for poets.”
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Zam Barrett Spring 2017 Now in stock
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The solution to the fiscal cliff is actually pretty straight forward, although it won't ever be utilized. A large portion of defense spending, Medicare/Medicaid, and Social Security, which represent somewhere around 60% of all federal expenitures, are actually trojan horse schemes for corporate giveaways. Nuking these assets would balance the budget very effectively and the only firms that would hurt for it are those that are poisonous to the market as a whole, but since the policy makers are the same people benefiting from them, it's much less painful for them to give us the bill.
Some of the more dedicated Occupiers have begun small barter economies and developed time-based currencies. I like that approach the most. The USD is imaginary money anyway, so replacing it with different imaginary money is a very effective solution, especially if we don't give any of our imaginary numbers to those assholes that already have all of the USDs. Now we just need to price goods that they actually want in our Freedom Dollars. Like, we gotta get the yacht makers and fine Scotch distillers onto the Freedom Dollar. What's that? You want to buy our product with USD? Sorry, we don't accept worthless currency.
I'm kidding, of course. Time-based currency is substantially more sensical than fiat currency; it actually has a unit of value.
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