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Topic: OT-Politics Thread: please TRY to keep it civil, you damned dirty apes

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Cincydawg

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33040 on: June 14, 2024, 04:09:22 PM »
crazy nonsense.

what Trump should implement however instead of the tax breaks he implemented on this type of sh*t-  is a consumption tax for high end luxury goods and a tax on high end imported luxury goods on HNWI ($30m's+) - you know the private jets, yachts, $40,000 birkin bags, $100m Manhattan penthouses, $500 million Palm Beach compounds.
You know, they tried this a while back, in effect.  It killed off a fair number of companies.  And it raised almost no revenue worth noting, by some calculations it reduced revenue.




847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33041 on: June 14, 2024, 04:12:04 PM »
First, that probably won't raise much money.

Second, that would be taxing himself and people like himself. That's not his style.
That's what I like about it.
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betarhoalphadelta

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33042 on: June 14, 2024, 04:15:33 PM »
That's what I like about it.
Yeah. Still not going to happen.

Although I can thank him for the TJIA which made alimony payments tax-deductible even for people taking the standard deduction. That's saved me some coin. Him being twice divorced I think had something to do with it. :57:

Cincydawg

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33043 on: June 14, 2024, 04:26:22 PM »
On this date in 1967, "Cool Hand Luke" was released.
Paul Newman's character, Luke, is a decorated war veteran who is sentenced to serve two years in a Florida rural prison. He constantly defies the authorities of the facility, becoming a leader among the prisoners, as well as escaping multiple times. While the script was being developed, the leading role was initially considered for Jack Lemmon or Telly Savalas. Newman asked to play the leading role after hearing about the project. In order to develop his character, he traveled to West Virginia, where he recorded local accents and surveyed people's behavior.
George Kennedy turned in an Academy Award-winning performance as the leader of the prisoners, Dragline, who fights Luke, and comes to respect him. During the nomination process, worried about the box office success of "Camelot" (1967) and "Bonnie and Clyde" (1967), Kennedy invested $5,000 in trade advertising to promote himself. Kennedy later stated that thanks to the award his salary was "multiplied by ten the minute (he) won", also adding "the happiest part was that I didn't have to play only villains anymore."
"What we've got here is failure to communicate. Some men you just can't reach. So you get what we had here last week. Which is the way he wants it. Well, he gets it. And I don't like it any more than you men."
Strother Martin, known for his appearances in westerns, was cast as the Captain, a prison warden who is depicted as a cruel and insensitive leader, severely punishing Luke for his escapes.
After writing the line, screenwriter Frank Pierson worried that the phrase was too complex for the warden. To explain its origin, he created a backstory that was included in the stage directions. Pierson explained that in order to advance in the Florida prison system, officers had to take criminology and penology courses at the state university, showing how the warden might know such words. Martin later clarified that he felt the line was the kind that his character would very likely have heard or read from some "pointy-headed intellectuals" who had begun to infiltrate his character's world under the general rubric of a new, enlightened approach to incarceration. Some authors believe that the quotation was a metaphor for the ongoing Vietnam War conflict which was taking place during the filming and others have applied it towards corporations and even teenagers. The quotation was listed at number 11 on the American Film Institute's list of the 100 most memorable movie lines. (Wikipedia) See less


Cincydawg

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33044 on: June 14, 2024, 04:45:22 PM »
The Lesson of Economic Damage From “Taxing the Rich” With the Punitive Luxury Tax in the 1990s | American Enterprise Institute - AEI

This is a very conservative source, so take that for what it's worth, or not, but in this case, I think they have a point.

Yacht retailers reported a 77% drop in sales that year, while boat builders estimated layoffs at 25,000. With bipartisan support, all but the car tax was repealed in 1993, and in 1996 Congress voted to phase that out too. January 1 was disappearance day.

As I note often, it is difficult to imagine any real tax on the truly wealthy that is beneficial overall.  Maybe someday somebody will come up with something real.

FearlessF

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33045 on: June 14, 2024, 05:01:02 PM »
higher sales tax, but on everything, not just luxury items
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utee94

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33046 on: June 14, 2024, 06:14:16 PM »
Yeah I'd expect it's just a drop in the bucket.


FearlessF

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33047 on: June 14, 2024, 06:19:11 PM »
well, avoiding tax is everyone's goal

the rich could put off buying a yacht or rolls Royce or whatever for a year or 2.
but eventually they would make those purchases 
"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."

utee94

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33048 on: June 14, 2024, 06:22:32 PM »
Sorry i was a page behind apparently-- was responding to bwar's comment that the luxury tax wouldn't raise much revenue.

FearlessF

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33049 on: June 14, 2024, 06:25:53 PM »
I agree
"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."

Brutus Buckeye

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33050 on: June 15, 2024, 10:06:52 AM »

One of our burbs had built a fancy new highway bypass. The pavement was poured, all that was left to do was to paint the stripes. And then this happened. 



https://www.youtube.com/watch?v=1XwTxRLRGHs

Cincydawg

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33051 on: June 15, 2024, 10:15:12 AM »
If I'm wealthy, say $10 billion in net assets, I've probably been near there for years now, and likely already have a yacht like badger if I wanted one, same with private jet.

It's sort of fun to ponder what I would buy were I suddenly that wealthy.  I'd probably buy into one of these shared jet services, but no yacht.

I might not even move from here.  Our location is tough to beat, I'd do a bit more remodeling.

I'd travel more, I guess, far niente.  Speaking of wine, I'd upgrade that a lot.

847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33052 on: June 15, 2024, 10:20:04 AM »
One of our burbs had built a fancy new highway bypass. The pavement was poured, all that was left to do was to paint the stripes. And then this happened.



https://www.youtube.com/watch?v=1XwTxRLRGHs
That might cause a bit of a delay.
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847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #33053 on: June 15, 2024, 10:26:47 AM »
If I'm wealthy, say $10 billion in net assets, I've probably been near there for years now, and likely already have a yacht like badger if I wanted one, same with private jet.

It's sort of fun to ponder what I would buy were I suddenly that wealthy.  I'd probably buy into one of these shared jet services, but no yacht.

I might not even move from here.  Our location is tough to beat, I'd do a bit more remodeling.

I'd travel more, I guess, far niente.  Speaking of wine, I'd upgrade that a lot.
Heh. It was a 40' boat. Not a yacht. Now I have a 26'.

What would I do as a billionaire? Not much different other than owning more properties around the world*, a bigger boat (110' or so), a private jet, and all of the cars @Honestbuckeye has. I like this house we have, and our community.

* Tuscany, Sicily, Barcelona, Amsterdam, Kauai, Maine, and something in East Asia, most likely. I've never been over there.
U RAH RAH! WIS CON SIN!

 

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