Hildebeast Cliton wants to double capital gains taxes
- Thread starter captain_shane
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LeeEnfield303
Pelican
Hillary will/would be Obama in all aspects, but more corrupt. Let that sink in.
Dr. Howard said:
I was going to start a new topic about this but I'll post it here. Seems the $15 min wage in Seattle, trumpeted as a way for people to lift themselves out of poverty, isn't working out. In a surprising twist - or completely expected for people with a brain - a lot of workers aren't getting off of welfare after all. Instead they're asking employers to cut their hours so they can make the same amount and keep their freebies. And we're told welfare isn't addictive!
http://www.breitbart.com/big-govern...unexpected-fallout-from-15-per-hour-min-wage/
BortimusPrime
Ostrich
Admittedly I don't know much about economics, but punishing taxes against selling investments sounds like a good way to force people to stay in the market during a recession and avoid problems like Greece had with everyone hiding their money under the bed once the government looked like it was going to start stealing from the people's bank accounts.
Captainstabbin said:
Like my buddy says, "poor people aren't dumb, they are just lazy"...this guy is also a pseudo slumlord and his single mother tennants will go and work at burger king for only a couple of weeks in a year to push them to the 'benefits sweet spot' where they max out EITC, foodstamps etc. Its right around $10k...and remember, child support does not get figured into those calculations. Let me provide you with an example:
Single Mother with 1 child earns the following income $500/month in Child Support aka $6k/year and works to earn $10k/year...both of those are tax free due to her income bracket. So she's starting off at $16/k no tax...to earn that $10k she only has to work for 6 months of the year at $8/hr.
She goes to file her taxes now, and she hits the sweet spot on EITC and gets $3305 in cash from the government for that tax credit. The Child tax credit nets her another $1000 for $4305. Our single mom is now up to $20305 in income all tax free and she only had to work for $10k.
How can one adult and a child survive on $20305? Easy, because there are more benefits. They are eligible for about $200/month in food stamps, again tax free...so now they are up to $22705. They can get subsidized housing...I heard of one chick that was paying $50/month rent for a townhome with 3 kids. $50 dollars per month... and subsidized daycare of about the same price. Medical expenses? FREE under medicare. A FREE phone via Obamaphones.
So on $22705 They'll have Annual Rent of (lets use $300 to be generous) $3600, groceries of $2400, Utilities of say $2400, and maybe a car payment of $2400, and lets say clothing budget of $1200. So...$12000 in expenses...and $10705 in cash left to blow on smokes, babysitters, booze, toys etc.
Lets throw down the $15 onto equation and now to hit that 'very livable' slacker sweetspot, this single mother now only needs to work....oh 3 months out of the year. 3 months!
Holy crap, I didn't even put in unemployment benefits of $2500.
So you can see why people wouldn't want to earn more at $15/hr just work less...you start to lose benefits when you get out of the "zone"
No wonder these chicks just keep fucking and popping out more kids. Work 3 months, get laid off, send your kids to school and just sit around watching daytime TV while trolling tinder for new dicks. The DREAM is real I tell you...and this is also why you never give up custody of your kids in a divorce.
CRR said:
And do away with the worthless IRS and their ability to attack political opposition.
TheWastelander
Ostrich
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