Investors lose a trillion dollars in one day

[Danzig]

Originally Posted by Clip-Clop

A. You brought up chipping in to make this country better, I was curious if you just offered the minimum required of you government or were proactive in any way.
B. They do follow the golden rule, as long as the help comes at the expense of us "wealthy" people. I have said it before, I will say it again, $250,000.00 is not a lot of money anymore.

no, but it is a lot more than most ever make.

perhaps more tax brackets are called for? and every time they mention tax increases, people start in about small businesses being affected. surely there is a way to differentiate between income tax and business?

[Clip-Clop]

Originally Posted by Danzig

no, but it is a lot more than most ever make.

perhaps more tax brackets are called for? and every time they mention tax increases, people start in about small businesses being affected. surely there is a way to differentiate between income tax and business?

It might be more than most will make, but in major cities in this country where living expenses are very high as well as taxes (property and income) it's just enough to "live comfortably". For me this includes a wife, a home, two cars and two dogs.
There certainly should be a way to help small business out while not burting them under the same rules as large businesses. Smaller ones (like my own) cannot afford to hire teams of accountants to do our books the way they need to be done to not pay double, even triple if you factor in my portion of my employee taxes.

[Danzig]

Originally Posted by Clip-Clop

It might be more than most will make, but in major cities in this country where living expenses are very high as well as taxes (property and income) it's just enough to "live comfortably". For me this includes a wife, a home, two cars and two dogs.
There certainly should be a way to help small business out while not burting them under the same rules as large businesses. Smaller ones (like my own) cannot afford to hire teams of accountants to do our books the way they need to be done to not pay double, even triple if you factor in my portion of my employee taxes.

yeah, i know cost of living is a huge factor. that money here would go a lot further than in la, ny or the like. it's why i don't understand the point of having a national minimum wage-what works fine in some areas isn't worth spit in others. also why i think much of what the fed handles should really be done on a state basis-instead of the fed acting as some kind of clearing house for money. they take the money in, and then parcel it back out, with cali being the biggest recipient of medicaid dollars by far, and corresponding high fraud to go along with it.

[Clip-Clop]

Originally Posted by Danzig

yeah, i know cost of living is a huge factor. that money here would go a lot further than in la, ny or the like. it's why i don't understand the point of having a national minimum wage-what works fine in some areas isn't worth spit in others. also why i think much of what the fed handles should really be done on a state basis-instead of the fed acting as some kind of clearing house for money. they take the money in, and then parcel it back out, with cali being the biggest recipient of medicaid dollars by far, and corresponding high fraud to go along with it.

I wish California would go away. States having more control/power over how they operate and compete for resident companies would be a great thing. We moved our outfit to Colorado because it is more business friendly than NJ.