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Lil' Kim regrets nuclear test
- Thread starter Lao Tzu
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Testosterone boy
New member
mrplunkey said:
My obsession lies with the obsessent pounding of the war drums that this administration partakes in.
Your obsession would seem to lie in following my posts and speaking of Dick Cheney.
I would like to think I would find better things to do if I had your income. I hang on the internet largely because it is very affordable and I can see what real people are thinking.
I regret to inform you that N Korea is assessed as possessing quite considerable oil fields off of its north shores. Good news for SirPlunkey however. Attaching oil fields has no recent history of lowering the price of oil.
Testosterone boy
New member
Lao Tzu said:
I have reason to believe he may have paid more than that in taxes for a year.
No doubt he has resouces at his disposal. Yet he follows my posts around in his spare time.
Lao Tzu
New member
LOL! I think that is great. If you paid 500k in taxes, that means you are paying roughly 30k a year in medicare taxes. About 90k a year for school taxes. And you barely use them. I thought you were a worker at a biomass factory, not the owner.
HAHAHAHHAHA. No wonder you oppose universal healthcare.
HAHAHAHHAHA. No wonder you oppose universal healthcare.
mrplunkey
New member
I used to have fairly large tax bills when I ran a medical supply company. Once I spun-out an IT company we continued to pay fairly hefty tax bills. In 2002, I sold my company to General Electric and paid an *enormous* tax bill. So after paying sales and use tax, payroll tax, property tax, franchise tax, income tax, etc. etc... what did I get to pay? Yup, capital gains tax.Lao Tzu said:
So after that, I said fuck-it and put virtually 100% of the proceeds in tax-free municipal bonds. I had enough of the tax game. I have a ladder setup full of bonds like this:
Puerto Rico Comwlth 745145VY5 Pub Impt Bds & Ref Bds, Non-Callable
So now, my effective tax rate runs around 3.7%, because a small number of my bonds are subject to state taxes. Basically, I got tired of having a major portion of my income stolen and wasted on government bullshit.
But alas, I did get hit with another tax bill in 2006 due to the sale of Inobis (I held a 29.5% stake in the company) to MedAssets. But I did stick to my playbook -- take the tax hit, then pour 100% of the proceeds into .... you guessed it... tax-free municipal bonds.
And yes, there is a lesson to be learned here. When goverments decide to tax the shit out of people, some people push back by legally and ethically checking-out of the tax-and-spend system. The sad thing is, that money could be providing capital to high growth businesses in on the NASDAQ. That money could be sitting in a savings and loan being loaned-out to someone to pay for a house. That money could be placed privately by me to fund some high-potential startup business. But instead, it sits in a tax-free municipal bond generating a modest, but ultra-safe cash stream.
And lets not even *consider* how much money is now sent out of the country. If I get a windfall from ethanol like I did from healthcare software, I'd certainly pay the full tax hit -- but then 100% of that money would get parked overseas. The tax-and-waste bullshit just gets old and I'm done playing along.
So what would it take to get trillions of dollars redeployed into the US? Well, why not completely eliminate the taxation of dividends? It amounts to double-taxation on investors. Also, why not provide the private-sector equivalent to a tax-free bond or a tax-free (or tax reduced) stock? And what the hell with capital gains? A capital gain occurs when an asset that has been paying taxes is legitimately sold to someone else. Why tax that at all? If an existing company is paying all of its federal, state and local taxes and continues doing so after it's sold, why tax the specific sale at all?
Anyway... this post has gotten entirely too long, but I just have to snicker when someone tries to argue against the effect that tax cuts have on the economy. As is, our screwed-up system drives trillions of dollars oversees or into other tax-free havens. It's good for municipalities, but really shitty for people who are just trying to work hard and make a living. The irony is though, it's the same liberal politician who's out there saying "I feel your pain" that's fucking the people he or she claims to be helping.
Sorry for the dissertation... I got carried away.
mrplunkey
New member
Testosterone boy said:
I've definately paid more than that in at least two tax years. I sure don't pay that now, thanks to tax-free municipal bonds.
EF is major entertainment to me. I spend a lot of my time during the day on conference calls, doing engineering reviews, and pulling together presentations. It's kinda boring, but I can always find entertainment with the click of a mouseTestosterone boy said:No doubt he has resouces at his disposal. Yet he follows my posts around in his spare time.
Now TB, you can buy that explaination... but isn't it also possible that the government planted me here to spy on you? What if this is just one of the numerous countermeasures we... ummm... I mean... "they" are using against you?
P.S. Turn your coffee pot off earlier in the morning. It fogs-up your kitchen window and obscures our telescopic view of your living room.
mrplunkey
New member
Universal healthcare wouldn't cost me much at all. I have two employees right now, and everyone else is contract labor.Lao Tzu said:
That's the real irony of me being against government mandated and administered healthcare -- or any other massive goverment screwup program. I wouldn't be the one having to pay the bills.
solidspine
New member
Have you ever been to China?
I don’t think they are stupid, and I don’t think they are planning to attack us,
Buy us, perhaps,
That little gook from North Korea needs to do some sit-ups, lose that pot belly, and get a fricken hair cut, or shave his head,
It is one thing to be crazy and another to simply look crazy, he’s both.
Testosterone boy
New member
mrplunkey said:I've definately paid more than that in at least two tax years. I sure don't pay that now, thanks to tax-free municipal bonds.
EF is major entertainment to me. I spend a lot of my time during the day on conference calls, doing engineering reviews, and pulling together presentations. It's kinda boring, but I can always find entertainment with the click of a mouse
Now TB, you can buy that explaination... but isn't it also possible that the government planted me here to spy on you? What if this is just one of the numerous countermeasures we... ummm... I mean... "they" are using against you?
P.S. Turn your coffee pot off earlier in the morning. It fogs-up your kitchen window and obscures our telescopic view of your living room.
The humor is interesting and very effective at convincing most people to see things the way that you want them to see things.
Unfortunately, and you may know this, I have had several in your face confrontations with this essential message: There has been spying/following you since 19XX. Since you turned down possibly the worst offer ever made, then publicly criticized our administrative leadership, you made a shit list that noyone wants to be on. So now you are a toy to poke sharp sticks at. Your hopes of a normal life in this country is lower than the yield on my muni's. While you previously enjoyed a perfect psych evaluation, it is more fun for us to now call you all kinds of derisive psycho babble garbage. In addition to our unlimited funds, we are also highly advanced in Freudian psychoanalytic structure and critique. Time to insert earlier quote from you "MUAHAHAHAHA (rubs hands together maniacially)".
Some of my evidence is on tape. At least 1000 pages of it are in writing. There is so much that it only took a week end to yield that. The deletions have....unfortunately been incomplete.
So I ask you..........What are you folks going to do with your time when I seize an opportunity to get the hell out of Dodge?
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