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White House Proposes "Wealthy Tax"

onetwentyone Re:Tax planning and rich people (2115 comments)

You're right. I did forget business taxes. As for "average Democratic [constituent]" you might want to leave it as "average [constituent]". I don't know of any information offhand which demonstrates republicans are more likely to be small business owners or vice versa. I could be wrong, I've only done a few quick searches on the subject this morning.

more than 2 years ago
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White House Proposes "Wealthy Tax"

onetwentyone Re:Tax planning and rich people (2115 comments)

Listing everything out as you have done makes the situation look much worse than what actually occurs. I've taken the liberty of consolidating the above in to the various tax categories thus putting this into a much more realistic light.

All fall under sales tax:

I get taxed when I buy materials to build a shop.
I get taxed on the goods I purchase to sell in the shop.
I get taxed on the goods I sell to others.
I get taxed on the heat in the shop.
I get taxed on the water I use in the shop.
I get taxed on the power consumed by the shop.
I get taxed on the suppliments that I feed the horses.
I get taxed on the fee for delivery of the hay I bought.
I get taxed on the hay I buy to make up the difference in what I cant grow on my own.
I get taxed on the materials to build the hay barn.
I get taxed on the work vehicles I purchase.
I get taxed on the fuel for my business vehicles (tractors, trucks, trailors).
I get taxed on the old vehicles I sell to replace.
I get taxed on the vet bills for the horses. I get taxed on the services of the farrier.
I get taxed when I charge someone to board their horse.
I get taxed when I charge someone to train their horse.
I get taxed when I charge someone to transport their horse.
And taxed to buy food.
And taxed to buy fuel.
And taxed to buy clothes.
And taxed to go to a movie, or to dinner, or to a ball game, or to a play, or ... or... or... or...

Property taxes: (vary depending on where you live or your store is located)

And I get taxed to buy my house.
And I get taxed to STAY in my house.
And taxed to send my kids to school.
I get taxed on the property the shop sits on.
I get taxed by the school district in the county the shop is in.
I get taxed on the hay I grow.
I get taxed on the building I constructed to store the hay in.
I get taxed when I open the shop.

State / Federal Income Taxes: (state only if applicable)

I get taxed on the pay I give to my employees.
And THEN I get taxed on what I take for myself out of MY business.

Now a bunch of these can be combined even further which, you'll find, I also took the liberty of doing for you:

Sales Tax:
I get taxed when I purchase goods or services at a rate my state has decided.

Property Tax:
I get taxed for owning property at a rate my state and local county have decided.

State / Federal Income Taxes
I get taxed on my income and I'm responsible for making sure my employees have the appropriate taxes taken out of their income.

You're welcome.

more than 2 years ago
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Obama Calling For $53B For High Speed Rail

onetwentyone Re:Its not the speed that is the problem. (1026 comments)

Geez...where and when do you drive where you have a hundred miles of creep along, stand still traffic??

Los Angeles.

more than 3 years ago
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Google Bans Sale of Android Spying App

onetwentyone Re:Fuck android (415 comments)

And which mobile OS would that be that meets today's users? Symbian? WebOS (which is nice but sorely needs an update and hardware refresh to be competitive)?

more than 3 years ago
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75 Comics That Are Being Made Into Films

onetwentyone Re:I for one... (256 comments)

I would love to see a live action version of this manga made however, anything less than an R rating is going to be doing the series injustice. Part of what makes the books so compelling is the disregard for the body so long as the mind survives. You can't tone down the violence and expect for it to be the same.

more than 5 years ago

Submissions

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Microsoft's Lost Decade

onetwentyone onetwentyone writes  |  about 2 years ago

onetwentyone (882404) writes "A very telling look into how Microsoft has stumbled along for the last ten years from Vanity Fair.

"Amid a dynamic and ever changing marketplace, Microsoft—which declined to comment for this article—became a high-tech equivalent of a Detroit car-maker, bringing flashier models of the same old thing off of the assembly line even as its competitors upended the world. Most of its innovations have been financial debacles or of little consequence to the bottom line. And the performance showed on Wall Street; despite booming sales and profits from its flagship products, in the last decade Microsoft’s stock barely budged from around $30, while Apple’s stock is worth more than 20 times what it was 10 years ago. In December 2000, Microsoft had a market capitalization of $510 billion, making it the world’s most valuable company. As of June it is No. 3, with a market cap of $249 billion. In December 2000, Apple had a market cap of $4.8 billion and didn’t even make the list. As of this June it is No. 1 in the world, with a market cap of $541 billion.""

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