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HomeOff Topics News & Politics › The Single Chart That Should Force The Fed Out Of Business
01-29-2013 03:55 PM  5 years agoPost 41
Dennis (RIP)

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Oregon

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I suggest you refer to what I did say, rather than what I didn't say.
The half you did not say is evident you are only half educated.

Thats a very typical affliction among the progressive left.

Point being that if the "Wealthy" did not figure out ways to keep their "Wealth", then who the heck is going to create jobs of the future?

The poor?

The government?

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01-29-2013 05:27 PM  5 years agoPost 42
GREYEAGLE

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Flat Land's

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The Hugest Blunder of the Cultural Mindset: The Split

Please stay exactly right here

It's the perfect position, in the perfect arena, at the perfect time

The Scramble will be Hilarious : It just about ripe
It should be evident from what I said that production is what stimulates an economy.

Don't Move What so ever

It's a interesting lesson:

greyeagle

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01-29-2013 06:02 PM  5 years agoPost 43
Dusty1000

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Glasgow, U.K.

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Point being that if the "Wealthy" did not figure out ways to keep their "Wealth", then who the heck is going to create jobs of the future?
Where did I say anything about the ''wealthy'' not figuring out ways to keep their ''wealth''?

Entrepreneurs, who are not necessarily wealthy when they start up in business, create jobs.

People tend to start businesses to become wealthy, not because they already are wealthy.

Dusty

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01-29-2013 06:34 PM  5 years agoPost 44
Dennis (RIP)

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Oregon

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Entrepreneurs, who are not necessarily wealthy when they start up in business, create jobs.
So, that statement gives the notion that Donald Trump builds his own buildings all by himself with no labor force. He lifts those steel girders in place and bolts them down with his own hands. He poured those concrete floors all by himself.

Chris of Chris Craft built all his boats all by himself with no labor force to do it for him.

Thats just 2 examples among many thousands.

How silly can you possibly get dusty?
People tend to start businesses to become wealthy, not because they already are wealthy.
No sh#t?

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01-29-2013 06:40 PM  5 years agoPost 45
spaceman spiff

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Tucson

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Entrepreneurs, who are not necessarily wealthy when they start up in business, create jobs.
People tend to start businesses to become wealthy, not because they already are wealthy.
Maybe, depends on whether you are starting a business that requires capital to start or not. If you are building a house cleaning business you only need a vacuum cleaner and a bucket. There are a lot of folks that can start on littel or no cash. Custom Hobby parts on ebay... Running a lathe and mill in your garage...

But a lot of industry really doesn't start that way. ( Synergy N9 anyone? ) It does require cash. If you are one who has capital to start a business you have two choices on how to grow that capital; one is to start a new business, and a second is to trade it on the markets. Let's say for arguments sake that investment income capital gains is taxed at 18%, and regular income thru job and or business is taxed at 60%... and if you also take into account that more often than not the new businesses go under and you loose everything, VS trading income that is always liquid and you can pull out and save much of your investment at a moments notice if it turns ugly... right now folks are VERY incentivized to trade.

That is what i chose to do with my money... the rewards are not huge at this point, but it is easy and less risk. Every percent increase in business tax and government hassles make it even less atractive for me to switch over and start a business.

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01-30-2013 01:32 AM  5 years agoPost 46
Dusty1000

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Glasgow, U.K.

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So, that statement gives the notion that Donald Trump builds his own buildings all by himself with no labor force. He lifts those steel girders in place and bolts them down with his own hands. He poured those concrete floors all by himself.
Chris of Chris Craft built all his boats all by himself with no labor force to do it for him.
Donald Trump started in his father's business.

Chris Smith built his first boat by himself.
Thats just 2 examples among many thousands.
Is that the best you can do?

Give yourself a round of applause.

Watch at YouTube

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01-30-2013 01:39 AM  5 years agoPost 47
Dusty1000

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Maybe, depends on whether you are starting a business that requires capital to start. If you are building a house cleaning business you only need a vacuum cleaner and a bucket. There are a lot of folks that can start on littel or no cash. Custom Hobby parts on ebay... Running a lathe and mill in your garage...
Chris Smith... Henry Ford... Steve Jobs... Bill Gates...

Someone who starts off with a vacuum cleaner and a bucket cleaning houses, can save up and buy an industrial vacuum and a pressure washer, and start cleaning factories for several times what they used to charge for cleaning houses. Then save up some more, buy another van, more equipment, employ more people, and get twice the amount of work done within the same space of time. The sky is the limit in the cleaning business.
That is what i chose to do with my money... the rewards are not huge at this point, but it is easy and less risk. Every percent increase in business tax makes it even less atractive for me to switch over and start a business.
So if you were going to start a business, what sort of business would you start?

It doesn't matter how much tax is when you're running your own business, because your competitors pay the same tax, and all businesses pass on all of their costs to their customers. If tax goes up, you don't earn less, you charge more. Same as if any other cost goes up.

Dusty

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01-30-2013 01:41 AM  5 years agoPost 48
Dennis (RIP)

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Oregon

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Donald Trump started in his father's business.
All well and good. But, you place the notion out there that the wealthy no longer contribute to the economy and they only take from it.

Chris Smith built his first boat by himself.
But, he no longer does. He does not have to. He hires others to do it for him under his standards and goals.

Point being is that he does contribute to the economy, same as Trump.
Is that the best you can do?
The best you can do is get silly.
Give yourself a round of applause.
Already have. Thanks.
It doesn't matter how much tax is when you're running your own business, because your competitors pay the same tax, and all businesses pass on all of their costs to their customers. If tax goes up, you don't earn less, you charge more. Same as if any other cost goes up.
Right. And the government sucks more and more from the private sector and the consumer pays more in higher prices and more hidden taxes. A win, win for the government and no one else.

Tell us once again that it does not matter dusty. Taxing is not the same as any other costs. Company owners have little or not control over taxation on their companies because they are a small minority of voters. Other costs (not including taxation), company owners do have a measure of control over.

The USA just recently became the highest corporate taxing nation in the world over taking Japan.

Its not something that makes us all feel warm and cozy here dusty.

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01-30-2013 02:10 AM  5 years agoPost 49
spaceman spiff

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Tucson

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Someone who starts off with a vacuum cleaner and a bucket cleaning houses, can save up and buy an industrial vacuum and a pressure washer, and start cleaning factories for several times what they used to charge for cleaning houses. Then save up some more, buy another van, more equipment, employ more people, and get twice the amount of work done within the same space of time. The sky is the limit in the cleaning business
Yup, many folks do, and we all hope many more folks will do something like that.

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01-30-2013 02:11 AM  5 years agoPost 50
Dusty1000

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Glasgow, U.K.

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All well and good. But, you place the notion out there that the wealthy no longer contribute to the economy and they only take from it.
That's your notion, not mine. If that's what you think I said, I suggest reading what I actually said again.
But, he no longer does. He does not have to. He hires others to do it for him under his standards and goals.
As he was born in 1874, and his company disappeared in 1960, I doubt very much you are correct.

The point you were trying to make is that he couldn't have started up without capital, or he wouldn't have been able to employ people to build boats. My point is that you are wrong, as usual. The problem here is your lack of understanding of how businesses are built.
Point being is that he does contribute to the economy,
I very much doubt it.
same as Trump.
All people who produce or build things contribute to the economy, more than people who simply invest their money in the markets. That was the point I was making. At least you got that right.
Tell us once again that it does not matter dusty. Taxing is not the same as any other costs. Company owners have little or not control over taxation on their companies because they are a small minority of voters. Other costs (not including taxation), company owners do have a measure of control over.
The USA just recently became the highest corporate taxing nation in the world over taking Japan.
Corporation tax isn't the same as other costs to a privately owned company, because it's only payable on profits. Whatever your company makes, you can take it as salary, meaning no corporation tax is payable.

So privately owned businesses have more control over corporation tax than any other cost, because they can choose not to pay it at all.
Its not something that makes us all feel warm and cozy here dusty.
You should try to calm down.

Dusty

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01-30-2013 02:44 AM  5 years agoPost 51
Dennis (RIP)

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Oregon

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Corporation tax isn't the same as other costs to a privately owned company, because it's only payable on profits. Whatever your company makes, you can take it as salary, meaning no corporation tax is payable.

So privately owned businesses have more control over corporation tax than any other cost, because they can choose not to pay it at all.
Well, its very clear you have never run a corporation or owned a business in the USA. So, you have no clue what they pay in taxes.

When you have done so, then you can inform us all about corporate taxes in the USA.

BTW: A company owner can't take salary from his company to avoid paying corporate taxes. If he does that, then all he is doing is exchanging corporate taxes for his own income taxes which are higher and makes no sense at all. In addition, if an owner still does that, then his own company shows either no profit, or a far less profit then if he set a more reasonable income for himself.

Of course an owner can strip his company of its funds through his own salary if he chooses. But, you can bet, any long term successful company owner will not do that.

He would be better off making sacrifices for the long run and drawing a lower salary to allow his company to grow and prosper so that he can draw a higher salary later.

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01-30-2013 03:59 AM  5 years agoPost 52
GREYEAGLE

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Flat Land's

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dUSTY : iF you THINk about AMERICA : This will Explain the International Monetary System

Watch at YouTube

Pretty Basic Market Economy Stuff - It is not the ACT of Production or Volume

greyeagle

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02-01-2013 04:14 AM  5 years agoPost 53
GREYEAGLE

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Flat Land's

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Never Get it : So much for Foreign Monetary Proceedure's & Market's
Federal Reserve is back stopping the market's by shifting the decimal points. QE1 thru QE4. TARP ect - that is a end list list of Vapor and Smoke.

If you need a physical entity -Printing Mountain's of Script on a whim - Trying to float the float - while hoping for a divine intervention. Doubling or tripling down on debt or hedging beyond the availability

The 4lb's of sausage in the 2Lb casing

We have seen the Dow run up to 13900 and we may see it run to 15000

Good Right ?? Long as they stuff the casing the market will follow assuming the Fed will back it up

The International's are doing the same " China -Socialist -Republic"
with bucket's and Ocean's of it.

So if the market is based upon PRODUCTION why is the system STOVE PIPED

Known too Consumer Confidence as M.T. Pocket's

Hence: Go get as much free money as you can sign for at uber low intrest rate's

Few of us remember this game before " Jimmy Peanut Farmer" it was ALOT Different though : We didn't have the foreign control's or interest driving .

It IS going to be Hilariousness : It's only a 2Lb casing

greyeagle

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02-01-2013 12:24 PM  5 years agoPost 54
baby uh1

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St. James, Mo.

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The sausage was stolen long ago so all we have left are ballons!

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