Basic Income

#151
#151
Purple Tiger said:
While I think this is a plausible idea, you will find that some people will complain to high heaven that sales taxes are regressive. I myself don't believe that. I still think a flat income tax on EVERYONE and EVERY CORPORATION is the way to go.
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The people that get free money from H&R Block every year and don’t pay a dime in taxes will never go for it.
 
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#153
#153
utvolpj said:
Or they should be taught rather than demonized. Making the "good decision" is easy when everyone around you is doing the same. I've realized from some of our outreach programs that it's hard to break years of family history or teaching. It's seen as such a foreign concept
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I agree. My wife has been physically threatened for having after school programs at some of her properties.
 
#154
#154
GAVol said:
True for some, but I wouldn’t say majority. For me, that ignores way too many socio-economic factors. Pulling yourself up by the bootstraps is a romanticized notion in a lot of cases.
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Environment plays a huge roll and that is one area our public school systems are failing these people when they are young.
 
#155
#155
NorthDallas40 said:
Income or wages? So you’re saying capital gains should be taxed? I think if you’re going to do this you tax the acquisition but that’s it. Then the gov isn’t involved anymore. Once you start looking at asset value increase and gains it’s only fair to consider losses too. Aaaaaaaaannnnnddd full circle back to where we are.
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I am fine with losses being allowed to offset gains. Off the top of my head, tax only upon realization. Capital losses should be to be carried forward for the number of years the asset was held prior to sale.
 
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#156
#156
VolStrom said:
I hate to say it, but you're right about most of this. There is no path to riches for the middle class without technical training. The days of leaving high school and going to work at a big ass factory are done.

Factories need technical people for almost every job. I think the next generation is better suited for these skills, but they need training to do it. Knowing how to operate a phone is not a skill like a lot of them think.
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My son is smart with this stuff, and self teaching. He's a HS Junior. He is learning hoe to take static photos and articulate them into animated and 3D files that gaming people buy, and use as like gaming video click icons or something or other. Before long he will be making decent money doing that in his spare time before he even turns 18. He has a friend same age that does similar stuff, as well as other things and has made around $12G the last few months. And they will also be cutting grass this summer, and mine will be using his first couple hundred to upgrade the graphic interface on his computer to make his other venture better and easier. And he's a two sport athlete consuming his time as well. If someone wants to create a life for themselves, and learns how to seek out opportunities, living off someone else's taxed earnings is not necessary.
 
#158
#158
LouderVol said:
Can you explain this more? Why was she threatened?
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She has has specialized in taking real bad (for lack of a better term) properties turning them profitable and selling them. Keeping the kids occupied and out of trouble kept vandalism and petty crime down so she would set up after school programs with teachers and meals. They had to have parents permission to participate and a lot of parents refused or just didn’t sign but they wouldn’t turn a kid away even without having a permission slip since that might be the only meal the kid got. A few parents have gotten angry and threatened her for allowing their kid in without their permission.
 
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#159
#159
hog88 said:
She has has specialized in taking real bad (for lack of a better term) properties turning them profitable and selling them. Keeping the kids occupied and out of trouble kept vandalism and petty crime down so she would set up after school programs with teachers and meals. They had to have parents permission to participate and a lot of parents refused or just didn’t sign but they wouldn’t turn a kid away even without having a permission slip since that might be the only meal the kid got. A few parents have gotten angry and threatened her for allowing their kid in without their permission.
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Hats off to your wife for what she's doing in not turning away any kids.
It's difficult to believe people get that upset when people are trying to help out as best they can.
 
#160
#160
GVF said:
My son is smart with this stuff, and self teaching. He's a HS Junior. He is learning hoe to take static photos and articulate them into animated and 3D files that gaming people buy, and use as like gaming video click icons or something or other. Before long he will be making decent money doing that in his spare time before he even turns 18. He has a friend same age that does similar stuff, as well as other things and has made around $12G the last few months. And they will also be cutting grass this summer, and mine will be using his first couple hundred to upgrade the graphic interface on his computer to make his other venture better and easier. And he's a two sport athlete consuming his time as well. If someone wants to create a life for themselves, and learns how to seek out opportunities, living off someone else's taxed earnings is not necessary.
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Just curious, how did you manage to go back 3-1/2 years to quote me?
Never mind, I see this old thread was drug up.
 
#161
#161
hog88 said:
She has has specialized in taking real bad (for lack of a better term) properties turning them profitable and selling them. Keeping the kids occupied and out of trouble kept vandalism and petty crime down so she would set up after school programs with teachers and meals. They had to have parents permission to participate and a lot of parents refused or just didn’t sign but they wouldn’t turn a kid away even without having a permission slip since that might be the only meal the kid got. A few parents have gotten angry and threatened her for allowing their kid in without their permission.
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Gotcha. We have had a few bleeding hearts get literally and metaphorically chased away from a few projects in similar circumstances.

One property I remember in particular, on jackson in the Auburn neighborhood here in Atlanta had a client who was trying to do some extensive repairs to a section 8 apartment building. This is a client we have had for a while and all he does is affordable housing projects. The plan to do the work the client had to evict the half the residents, do the work on half the units, move the remaining residents into that half, and then do the other half and give the old residents first claim on the renovations. Well the residents found out he was going to let their leases expire to do work and had the city shut the project down to avoid gentrifying the historic neighborhood. Didnt matter that he had a legal agreement already to keep the rates the same as before, he was banned from doing repairs or upgrades.

Building got condemned about a year later. All residents kicked out, and now I am pretty sure it's part of a site getting turned into nice apartments by someone else. Actually it may be done now.

It is worrisome that people will fight you even when you are legitimately trying to help them.
 
#162
#162
LouderVol said:
Gotcha. We have had a few bleeding hearts get literally and metaphorically chased away from a few projects in similar circumstances.

One property I remember in particular, on jackson in the Auburn neighborhood here in Atlanta had a client who was trying to do some extensive repairs to a section 8 apartment building. This is a client we have had for a while and all he does is affordable housing projects. The plan to do the work the client had to evict the half the residents, do the work on half the units, move the remaining residents into that half, and then do the other half and give the old residents first claim on the renovations. Well the residents found out he was going to let their leases expire to do work and had the city shut the project down to avoid gentrifying the historic neighborhood. Didnt matter that he had a legal agreement already to keep the rates the same as before, he was banned from doing repairs or upgrades.

Building got condemned about a year later. All residents kicked out, and now I am pretty sure it's part of a site getting turned into nice apartments by someone else. Actually it may be done now.

It is worrisome that people will fight you even when you are legitimately trying to help them.
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She's been through similar situations. a few years ago she had a couple properties in the Atlanta area that were almost war zones.
 
#163
#163
GordonC said:
Hats off to your wife for what she's doing in not turning away any kids.
It's difficult to believe people get that upset when people are trying to help out as best they can.
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Some people don't want their kids influenced, some don't want their kids to do better than them.
 
#164
#164
VolStrom said:
Just curious, how did you manage to go back 3-1/2 years to quote me?
Never mind, I see this old thread was drug up.
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LOL.. I didn't even look at the date. I think I clicked on your quote that someone replied to and didn't realize it was that old. Funny though how it is pretty relevant to what's going on 3.5 years later. Must have been a heck of a statement you made.
 
#165
#165
hog88 said:
She's been through similar situations. a few years ago she had a couple properties in the Atlanta area that were almost war zones.
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We have done a couple where the police had to clear the building/room before we could enter.
 
#166
#166
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