Obama stimulus plan

#201
#201
OrangeEmpire said:
Right, so we have established that inheritance = lazy good for nothing white kid playing xbox all day?
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Well, we've obviously established 50% of the american working force is a bunch of freeloaders who don't deserve a say in things. I mean, come on, I'm only playing the same sweeping generalization argument that everybody else plays.
 
#202
#202
rjd970 said:
Well, we've obviously established 50% of the american working force is a bunch of freeloaders who don't deserve a say in things. I mean, come on, I'm only playing the same weeping generalization argument that everybody else plays.
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I push for freedom!

Why don't we crave it and give it up so easily!?!

We are better than every one because of freedom!
 
#203
#203
droski said:
that is why you have an insurance policy that pays to "buy" the company. i'm not trying to be an arse here, but i deal with these things all the time.
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I know you are not, there are just situations that are sort of out of our control.

Trust me, I have CYAed.
 
#204
#204
truefan said:
They should have. They recorded record profits and trimmed their workforce at the same time. It is one of the great fallacies about the company. They AREN'T creating jobs as many think
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truefan said:
It is our current situation. I didn't say they should pay more because they aren't providing jobs. I am saying they should have paid exactly the tax they were levied because of their record profits.

READ THE POST please
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I did read you post. It is not my fault that you worded your post poorly. Several others read it the same way I did.
 
#205
#205
OrangeEmpire said:
Horribly mismanaged.

Some pencil neck thought it was a good idea to fund half the departments budget on a gasoline tax that would last for twenty years.

Now that it is gone, for every cent that gas goes up costs the deparment 1 million dollars on the operations side!

Government = failure!
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So I guess your in favor of anarchy, and any oppose anykind of government protection? Give me a break here.
 
#208
#208
rjd970 said:
Well, we've obviously established 50% of the american working force is a bunch of freeloaders who don't deserve a say in things. I mean, come on, I'm only playing the same sweeping generalization argument that everybody else plays.
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No one has said they do not get a say. They just need to pay an appropriate amount.
 
#209
#209
droski said:
if someone is working for the company you can transfer ownership legally over time at and at highly discounted rates (since a limited partnership is considered illiquid). they can also buy insurance policies that will pay the taxes and allow them the liquidity to keep the business or that will buy out the smaller partners. as i said. they had a really lousy estate lawyer.
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An estate planner can help much of it and trusts are the way to go. Clarke Bardes is a decent public company because they are the best at selling COLI / BOLI, or the insurance you're describing. It works.
 
#212
#212
droski said:
how are they not better off in the future? you can pay for their education, you can put a down payment on a house, you just can't leave them over $3.5 mil.
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I know you are much better versed in such things than I but 3.5 mil isn't necessarily all that much if you are talking mostly assets (such as land) vs a nice fat bank account. Wouldn't you say that's true?
 
#214
#214
This stimulus plan expands the safety net massively. Does anyone honestly believe what's being done can be turned back? When you add in the looming crises of medicare/medicaid and SS - the only option in the future will be significant tax hikes.
 
#215
#215
hndog609 said:
I know you are much better versed in such things than I but 3.5 mil isn't necessarily all that much if you are talking mostly assets (such as land) vs a nice fat bank account. Wouldn't you say that's true?
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droski wipes his butt with more cash than that each year
 
#216
#216
volinbham said:
This stimulus plan expands the safety net massively. Does anyone honestly believe what's being done can be turned back? When you add in the looming crises of medicare/medicaid and SS - the only option in the future will be significant tax hikes.
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which this adminstration well knows.
 
#220
#220
volinbham said:
This stimulus plan expands the safety net massively. Does anyone honestly believe what's being done can be turned back? When you add in the looming crises of medicare/medicaid and SS - the only option in the future will be significant tax hikes.
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Or tax cuts. Some on here, including you I think, are under the assumption that cutting taxes increases economic growth and tax revenue? Why no bring it up here? Why is it now tax hikes that can only get us out of the impending mess?
 
#221
#221
hndog609 said:
I know you are much better versed in such things than I but 3.5 mil isn't necessarily all that much if you are talking mostly assets (such as land) vs a nice fat bank account. Wouldn't you say that's true?
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i agree it's basically bs for me to say "3.5 mil is enough" but these type of arbitrary decions are made all the time. i see it all the time in my business. i'd say 90%+ of kids who inherit enough to live on either a) never worked a day in their life or b) quit their job immediately after inheriting. so my question is, are you really doing your kid any favors? a couple of mil is more than enough to a) ensure your grandkids wont starve and will be educated and b) ensure if someone wants more than that bare minimum they ahve to work for it.
 
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#224
#224
volinbham said:
This stimulus plan expands the safety net massively. Does anyone honestly believe what's being done can be turned back? When you add in the looming crises of medicare/medicaid and SS - the only option in the future will be significant tax hikes.
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Exactly. Somewhere along the line the federal government devolved into a clearinghouse for one ponzi scheme after another.
 
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