birdog1960 Posted August 5, 2011 Share Posted August 5, 2011 Sounds like a tax loop hole to me. you're an idiot Link to comment Share on other sites More sharing options...
pBills Posted August 5, 2011 Share Posted August 5, 2011 Damn. Miss the Soviet Union much? geeze. This country was created to get away from people exactly like you. How about, if it weren't for the guy who makes 400k the 45k guy wouldn't have a job. Especially if he depends on the government to give it to him. I agree the US system isn't perfect but its as close as any other society has come. And leftist have been trying to "improve" it for 80 years or so. Look where its got us. I find this funny. It's the same ol' crap. If it wasn't for the guy making the decisions (making $400k) the other guy wouldn't be anything. People have to remember the guy making $400k also isn't doing the down and dirty work which in many cases keeps a company moving. Same thing can also be said that the guy making $400k can also be the one who F's over other workers by making bad decisions. Not sure why the Soviet Union relates to someone saying that we can always be better. That should be a common goal for everyone. So in your mind the U.S. system is very close to being perfect and should never be improved upon. Makes sense. As the world moves forward the "perfect" system is the one which is making changes, adapting and moving forward. Trying to be the best, not just preserving the past. Link to comment Share on other sites More sharing options...
GG Posted August 5, 2011 Share Posted August 5, 2011 you're an idiot Really? So your expenses are OK because they go through the PC? Why isn't that a loophole? Link to comment Share on other sites More sharing options...
birdog1960 Posted August 5, 2011 Share Posted August 5, 2011 Really? So your expenses are OK because they go through the PC? Why isn't that a loophole? because they aren't personal expenses. paper for the copy machine, water, electric, decent wages for the employees don't personally benefit me. if i closed my business and became an employee, i would lose no loophole. i'd actually almost certainly do better. Link to comment Share on other sites More sharing options...
GG Posted August 5, 2011 Share Posted August 5, 2011 because they aren't personal expenses. paper for the copy machine, water, electric, decent wages for the employees don't personally benefit me. if i closed my business and became an employee, i would lose no loophole. i'd actually almost certainly do better. And who gets to determine whether one set of deductions is more fair than another? Why is you paying an someone to answer your phone calls a deductible expense, while me paying a guy to fix a roof on my house is not? Sounds like a handout to business special interests to me. Link to comment Share on other sites More sharing options...
3rdnlng Posted August 5, 2011 Share Posted August 5, 2011 And who gets to determine whether one set of deductions is more fair than another? Why is you paying an someone to answer your phone calls a deductible expense, while me paying a guy to fix a roof on my house is not? Sounds like a handout to business special interests to me. Because the roof on your house is not a business expense. Link to comment Share on other sites More sharing options...
birdog1960 Posted August 5, 2011 Share Posted August 5, 2011 And who gets to determine whether one set of deductions is more fair than another? Why is you paying an someone to answer your phone calls a deductible expense, while me paying a guy to fix a roof on my house is not? Sounds like a handout to business special interests to me. um, congress, maybe? and we've all recently seen how fair and pragmatic it can be. stop being ridiculous...it's unbecoming Link to comment Share on other sites More sharing options...
Kevbeau Posted August 5, 2011 Share Posted August 5, 2011 I find this funny. It's the same ol' crap. If it wasn't for the guy making the decisions (making $400k) the other guy wouldn't be anything. People have to remember the guy making $400k also isn't doing the down and dirty work which in many cases keeps a company moving. Same thing can also be said that the guy making $400k can also be the one who F's over other workers by making bad decisions. Depends on the definition of "dirty work." I get the feeling you have a perception of people at that socioeconomic rung as a bunch of sherry swilling country club goers...keep watching TV. Most of them are extreme workaholics, who do the "down & dirty work" through a combination of intelligence & risk analysis and are compensated for that. You can go out and find another guy to put Nut A on Bolt B, but the kind of people you're referring to don't grow on trees. Link to comment Share on other sites More sharing options...
GG Posted August 5, 2011 Share Posted August 5, 2011 um, congress, maybe? and we've all recently seen how fair and pragmatic it can be. stop being ridiculous...it's unbecoming Yes, I know Congress deems business expenses valid, but personal expenses invalid. But how is that more fair, since that's the topic at hand? In both cases you are paying a person for services rendered. Link to comment Share on other sites More sharing options...
3rdnlng Posted August 5, 2011 Share Posted August 5, 2011 Yes, I know Congress deems business expenses valid, but personal expenses invalid. But how is that more fair, since that's the topic at hand? In both cases you are paying a person for services rendered. One is in the act of making a living while the other one is a personal expense. Link to comment Share on other sites More sharing options...
GG Posted August 5, 2011 Share Posted August 5, 2011 One is in the act of making a living while the other one is a personal expense. So, what? An expense is an expense. Why is one more fair than the other? Link to comment Share on other sites More sharing options...
3rdnlng Posted August 5, 2011 Share Posted August 5, 2011 So, what? An expense is an expense. Why is one more fair than the other? Take it to the exreme then. Let's say you own a manufacturing company that has 500 employees. If I can't deduct the weekly massage that Candy gives me, should you be prevented from deducting the wages and benefits of your 500 employees? Link to comment Share on other sites More sharing options...
GG Posted August 5, 2011 Share Posted August 5, 2011 Take it to the exreme then. Let's say you own a manufacturing company that has 500 employees. If I can't deduct the weekly massage that Candy gives me, should you be prevented from deducting the wages and benefits of your 500 employees? There's no extreme. Why can't somebody answer a simple question? If this debate is about fairness, why are business expenses deemed fair, while personal expenses are not? Link to comment Share on other sites More sharing options...
DC Tom Posted August 5, 2011 Share Posted August 5, 2011 There's no extreme. Why can't somebody answer a simple question? If this debate is about fairness, why are business expenses deemed fair, while personal expenses are not? Who said business expenses were fair? I originally asked if the hypothetical guy making $500k should be allowed to deduct his costs related to making $500k...birddung's answer was that everyone should subject to the same deduction for basic living expenses, everything above that was discretionary. But now they're apparently only deductible if Mr. Hypothetical is a corporation. In other words, birddog wants to tax individuals, but give tax breaks to corporations. In the interest of "fairness". Good argument, birddog. Link to comment Share on other sites More sharing options...
GG Posted August 5, 2011 Share Posted August 5, 2011 Who said business expenses were fair? I originally asked if the hypothetical guy making $500k should be allowed to deduct his costs related to making $500k...birddung's answer was that everyone should subject to the same deduction for basic living expenses, everything above that was discretionary. But now they're apparently only deductible if Mr. Hypothetical is a corporation. In other words, birddog wants to tax individuals, but give tax breaks to corporations. In the interest of "fairness". Good argument, birddog. Question really wasn't meant for you, idiot, as you're not supposed to give the answers away. Link to comment Share on other sites More sharing options...
DC Tom Posted August 5, 2011 Share Posted August 5, 2011 Question really wasn't meant for you, idiot, as you're not supposed to give the answers away. Oh, I know. And I've enjoyed watching you try to get him to realize his own raging stupidity. But face it, you were never going to get a coherent answer from him, and it was time to wave his raging stupidity in his face and let him try to weasel out of the hypocritical swamp he's stuck himself in. Though we probably could have simply sent him a copy of "Animal Farm". Link to comment Share on other sites More sharing options...
Barry in KC Posted August 5, 2011 Author Share Posted August 5, 2011 Again, the talking point of the year is: " The wealthiest Americans should give their fair share." What does "Fair Share" mean and who is it that decides what fair is? Link to comment Share on other sites More sharing options...
finknottle Posted August 5, 2011 Share Posted August 5, 2011 I find this funny. It's the same ol' crap. If it wasn't for the guy making the decisions (making $400k) the other guy wouldn't be anything. People have to remember the guy making $400k also isn't doing the down and dirty work which in many cases keeps a company moving. Same thing can also be said that the guy making $400k can also be the one who F's over other workers by making bad decisions. And what if I live and work overseas? Why is the US demanding my money in excess of what I pay the local government? Link to comment Share on other sites More sharing options...
DC Tom Posted August 5, 2011 Share Posted August 5, 2011 Again, the talking point of the year is: " The wealthiest Americans should give their fair share." What does "Fair Share" mean and who is it that decides what fair is? "Fair share" means unfair share. As decided by people who think it's unfair that they're wealthy. Link to comment Share on other sites More sharing options...
finknottle Posted August 5, 2011 Share Posted August 5, 2011 You need to do one of several things... 1. Pay back into the system that allows you to make $500K or the system that allows you to make $500K will fall apart. 2. Come up with a better system and start your own country. 3. Move to a country which is using a better system. Good luck! Untill you take a position on what fair share actually is, I can only assume from your postings that you will always define it as 'more,' regardless of whether they pay 50%, 80%, or 99% of their income. Link to comment Share on other sites More sharing options...
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