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(BBC)   Argentinian Government to it's 1%. "Time to put your obscene wealth to good use folks"   (bbc.co.uk) divider line
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3905 clicks; posted to Main » on 05 Dec 2020 at 1:34 PM (23 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-12-05 6:46:15 PM  

Wanderlusting: All of the countries I listed have flat taxes at the subnational level.


What do you mean by that?

/honest question, no snark
 
2020-12-05 6:46:16 PM  

Wanderlusting: iron de havilland: Wanderlusting: In fact, most of Western Europe has a lower minimum labor rate for minors, thereby making it cheaper to hire minors.

So much for the great myth of the wonderful democratic socialist utopia that is Europe ...

Wanderlusting: Flat taxes work in Denmark, Finland, Iceland, Italy, Japan, Norway, Sweden, Switzerland, and the UK just fine. If their healthcare systems are so great for everyone, why not their taxation systems?

Oh sweety, you're going to have to put a lot of work into your shtick to make it at least internally consistent within individual threads before you're going to get big hauls of bites.

Minimum wage (UK):
[Fark user image 653x272]

Norway and Sweden don't even have a minimum wage.

All of the countries I listed have flat taxes at the subnational level.


So you think Europe's democratic socialist utopias are good then?

And please, educate me on all the flat taxes that exist in the UK, beyond the progressive income tax band system.

/The NMW is lower for under-18s in the UK, but they also pay less tax.
//Which, of course, is a fine example of the UK's flat tax system.
 
2020-12-05 6:48:20 PM  

gar1013: johnny_vegas: Please it's only ~3.5%.  Don't cry for me.

Donate 1.5% of ALL your wealth and then get back to us.

That includes the value of your home equity, as well as any retirement accounts.


Theres a world of difference in the common man with a 200k house (or in my case, 120k) & my meager retirement and investments (currently 180k in retirement) to hopefully take care of me when i'm old, and people with 10,50, 100 million in investments and bullshiat.

However, if it would guarantee that these kind of people would be forced to pay their share? to pay into social security past the current limits? Take it.  Take 1.5 percent of my money.  Take it for the good of society.   Make the ultra rich movie stars, tech billionaires, and generational wealth families do it too.  I'd be okay with it.   It just might help ensure shiat like social security and safety nets aren't gone in 25 or 50 years.
 
2020-12-05 6:49:01 PM  

Wanderlusting: The good thing about a flat tax, is nobody can say it's unfair. 10% of your income is 10% of your income - regardless if you make $1 or $1 million or $100 million.


No, a flat tax treats everyone equally, which is unfair.
 
2020-12-05 6:49:47 PM  

Wanderlusting: buserror: Your request is ridiculous and is hereby denied.

I mean, we do it for most of our taxes already. Saying the income tax should abide by the same rules as the Medicare tax, or the social security tax, or the sales tax, or the excise tax isn't really groundbreaking or scandalous.


Those taxes are regressive (especially social security due to the cap).  We should be moving away from that, not towards it.
 
2020-12-05 6:50:23 PM  

Wanderlusting: StatelyGreekAutomaton: Given all the flat this and that you're advocating, what's next, flat income for all, comrade?

Why would I do that? I simply ask that the rich and the poor share equally in the burden of paying for society - if that is the reason why taxes exist. A rich man who pays $100,000 a year in taxes doesn't have 10x the benefits of someone who pays $10,000 a year in taxes. The police don't show up to his house 10x faster. The fire department doesn't respond 10x better. The garbage isn't picked up 10x more often, and the schools aren't 10x better.

If taxes are the cost of society, then we should pay for it on fair terms. A flat tax has proven time and time again to be fair for state income taxes, property taxes, sales taxes, excise taxes, Medicare taxes, and Social Security taxes. Why would it be such a horror show to have them be flat for federal income taxes? It's not like flat taxes aren't uncommon nor unprecedented in this country.


I disagree with your examples. Rich people generally do get much better treatment than poor, even if in theory they are offered the same protections. That said you're going to have a hard time telling me that someone who's made a fortune off of shipping hasn't benefited more from infrastructure investment than the average person.
 
2020-12-05 6:52:04 PM  

Wanderlusting: This is the problem with leftist ideology ... your platitudes breakdown at the fringes. 

If taxes are the price we pay for society, then everyone should pay an equal amount. If some people are asked to pay more, it only seems fair that they get a larger share of the benefits as well.


Having substantially more than most others means you already have a larger share of the benefits.
 
2020-12-05 6:56:22 PM  
We don't have a flat tax because there is so much power in carving out exemptions in the current system.
 
2020-12-05 6:57:22 PM  

Not_Todd: We don't have a flat tax because there is so much power in carving out exemptions in the current system.


Exemptions that mostly benefit the rich.
 
2020-12-05 6:59:49 PM  

StatelyGreekAutomaton: I disagree with your examples. Rich people generally do get much better treatment than poor, even if in theory they are offered the same protections. That said you're going to have a hard time telling me that someone who's made a fortune off of shipping hasn't benefited more from infrastructure investment than the average person.


I'm willing to bet someone who does a lot of shipping pays more in fuel taxes than you. Which is the point. If you use the roads more, you use more fuel, so you need to contribute more. Incidentally, this is why leftists get all pissy when states pass laws to increase the taxes on electric cars because they aren't contributing ANYTHING to the roadways on which they drive.
 
2020-12-05 7:00:03 PM  

Wanderlusting: Flat taxes work in Denmark, Finland, Iceland, Italy, Japan, Norway, Sweden, Switzerland, and the UK just fine. If their healthcare systems are so great for everyone, why not their taxation systems?

Seems like you want all the things Europe has without the methods they use to pay for them.


I don't think ANY of the countries you listed have a flat personal income tax, which would be relevant to the topic.
 
2020-12-05 7:02:49 PM  

Permanent Solutions For Permanent Problems: Exemptions that mostly benefit the rich.


Except for the child tax credit, education tax credits, EITC, mortgage interest deductions, alternative fuel automotive tax credits, etc. 

Stop with the "woe is me" spiel because it's arguably false. Last time I checked, I've never gotten more from the government than I've paid in, like most low-income earners claiming the EITC get. Almost 27 million households get money back from the government ... for what ... a handout paid for by the rest of us?
 
2020-12-05 7:03:31 PM  

johnny_vegas: I don't think ANY of the countries you listed have a flat personal income tax, which would be relevant to the topic.


They all do. Just at the subnational/provincial level, like the US does.
 
2020-12-05 7:05:03 PM  

Permanent Solutions For Permanent Problems: Wanderlusting: This is the problem with leftist ideology ... your platitudes breakdown at the fringes. 

If taxes are the price we pay for society, then everyone should pay an equal amount. If some people are asked to pay more, it only seems fair that they get a larger share of the benefits as well.

Having substantially more than most others means you already have a larger share of the benefits.


I have a little business and according to the stats I'm making more than the average person. I'm also working 7 days a week so am I not entitled to more for my efforts or should I just work less to keep pace with everyone else? I don't have any great advantages I don't think I'm particularly brilliant and didn't come from wealth but just through busting my ass I've managed to get just little bit further ahead and apparently that is now unfair. Anybody could duplicate what I've done but not everybody seems to want to try. There is however no shortage of people ready to tell me I don't deserve what I've built for myself.
 
2020-12-05 7:05:31 PM  

Permanent Solutions For Permanent Problems: No, a flat tax treats everyone equally, which is unfair.


Why shouldn't tax treat everyone equally? Do you think our justice system should treat everyone equally? Do you think our educational system should treat everyone equally? Do you think our banking and lending system should treat everyone equally? 

How can you possibly make the argument that we should treat anyone unequally?
 
2020-12-05 7:07:35 PM  

Wanderlusting: johnny_vegas: I don't think ANY of the countries you listed have a flat personal income tax, which would be relevant to the topic.

They all do. Just at the subnational/provincial level, like the US does.


But that's not what the article is talking about so how is that relevant to your argument? Based on that Argentina has a flat tax also.
 
2020-12-05 7:11:16 PM  

Wanderlusting: StatelyGreekAutomaton: I disagree with your examples. Rich people generally do get much better treatment than poor, even if in theory they are offered the same protections. That said you're going to have a hard time telling me that someone who's made a fortune off of shipping hasn't benefited more from infrastructure investment than the average person.

I'm willing to bet someone who does a lot of shipping pays more in fuel taxes than you. Which is the point. If you use the roads more, you use more fuel, so you need to contribute more. Incidentally, this is why leftists get all pissy when states pass laws to increase the taxes on electric cars because they aren't contributing ANYTHING to the roadways on which they drive.


I doubt they pay significantly more, unless they're dumb enough to not have their business and personal finances separate.
 
2020-12-05 7:15:10 PM  

Wanderlusting: Permanent Solutions For Permanent Problems: Exemptions that mostly benefit the rich.

Except for the child tax credit, education tax credits, EITC, mortgage interest deductions, alternative fuel automotive tax credits, etc. 

Stop with the "woe is me" spiel because it's arguably false. Last time I checked, I've never gotten more from the government than I've paid in, like most low-income earners claiming the EITC get. Almost 27 million households get money back from the government ... for what ... a handout paid for by the rest of us?


Having a future generation generally benefits society.
 
2020-12-05 7:38:37 PM  

Wanderlusting: Permanent Solutions For Permanent Problems: No, a flat tax treats everyone equally, which is unfair.

Why shouldn't tax treat everyone equally? Do you think our justice system should treat everyone equally? Do you think our educational system should treat everyone equally? Do you think our banking and lending system should treat everyone equally? 

How can you possibly make the argument that we should treat anyone unequally?


None of those treat people equally either.
 
2020-12-05 7:42:48 PM  

majestic: Wanderlusting: Permanent Solutions For Permanent Problems: No, a flat tax treats everyone equally, which is unfair.

Why shouldn't tax treat everyone equally? Do you think our justice system should treat everyone equally? Do you think our educational system should treat everyone equally? Do you think our banking and lending system should treat everyone equally? 

How can you possibly make the argument that we should treat anyone unequally?

None of those treat people equally either.


Got it. So you are in favor of unequal treatment of people in the justice system, educational system and in banking and lending?

For once, we agree.
 
2020-12-05 7:49:46 PM  
So many people want to spend other people's money. Here's a thought, go earn your own! Gov redistribution never works. They destroy jobs and then expect you to be happy you get a pittance from them. See current Covid shut downs. Dems want to shut down everything, cost you your job, send you a check every few months for $1,800 and then expect you to be grateful to them. You have to be incredibly stupid to think this is sustainable or even admirable. Oh and you hard core commies out there know you'll never win because rich "progressives" like to virtue signal but once you actually threaten their bank accounts their attitude changes. Ex A: Bezos and the Washington Post going all in against Bernie Sanders. Not that Sanders would win anyways. Ya'll are idiots if you think socialism and "soak" the rich will ever work. Not a single example in history where it has. But hey, keep on believing I guess.
 
2020-12-05 7:50:05 PM  
Apparently there still aren't any trolls on fark. Or something.
 
2020-12-05 7:51:36 PM  

Wanderlusting: majestic: Wanderlusting: Permanent Solutions For Permanent Problems: No, a flat tax treats everyone equally, which is unfair.

Why shouldn't tax treat everyone equally? Do you think our justice system should treat everyone equally? Do you think our educational system should treat everyone equally? Do you think our banking and lending system should treat everyone equally? 

How can you possibly make the argument that we should treat anyone unequally?

None of those treat people equally either.

Got it. So you are in favor of unequal treatment of people in the justice system, educational system and in banking and lending?

For once, we agree.


Yep. We agree that wealthy people have better access/treatment in all aspects of society. Including not having to pay taxes at the same marginal rate as everyone else.
 
2020-12-05 7:55:06 PM  

RTOGUY: Permanent Solutions For Permanent Problems: Wanderlusting: This is the problem with leftist ideology ... your platitudes breakdown at the fringes.
If taxes are the price we pay for society, then everyone should pay an equal amount. If some people are asked to pay more, it only seems fair that they get a larger share of the benefits as well.

Having substantially more than most others means you already have a larger share of the benefits.

I have a little business and according to the stats I'm making more than the average person. I'm also working 7 days a week so am I not entitled to more for my efforts or should I just work less to keep pace with everyone else?


I'd question your sanity. You don't want to take time off for family, or leisure?

You want to work yourself into the grave with no joy in your life?

I don't have any great advantages I don't think I'm particularly brilliant and didn't come from wealth but just through busting my ass I've managed to get just little bit further ahead and apparently that is now unfair. Anybody could duplicate what I've done but not everybody seems to want to try. There is however no shortage of people ready to tell me I don't deserve what I've built for myself.

Jesus, it sounds like you deserve better than what you have.
 
2020-12-05 7:59:46 PM  

mm11618: So many people want to spend other people's money. Here's a thought, go earn your own! Gov redistribution never works. They destroy jobs and then expect you to be happy you get a pittance from them. See current Covid shut downs. Dems want to shut down everything, cost you your job, send you a check every few months for $1,800 and then expect you to be grateful to them. You have to be incredibly stupid to think this is sustainable or even admirable. Oh and you hard core commies out there know you'll never win because rich "progressives" like to virtue signal but once you actually threaten their bank accounts their attitude changes. Ex A: Bezos and the Washington Post going all in against Bernie Sanders. Not that Sanders would win anyways. Ya'll are idiots if you think socialism and "soak" the rich will ever work. Not a single example in history where it has. But hey, keep on believing I guess.


Fair tax rates on the wealthy have worked in the USA whenever they were in place. I'm sure you can read the evidence for yourself.
 
2020-12-05 8:04:12 PM  

iron de havilland: RTOGUY: Permanent Solutions For Permanent Problems: Wanderlusting: This is the problem with leftist ideology ... your platitudes breakdown at the fringes.
If taxes are the price we pay for society, then everyone should pay an equal amount. If some people are asked to pay more, it only seems fair that they get a larger share of the benefits as well.

Having substantially more than most others means you already have a larger share of the benefits.

I have a little business and according to the stats I'm making more than the average person. I'm also working 7 days a week so am I not entitled to more for my efforts or should I just work less to keep pace with everyone else?

I'd question your sanity. You don't want to take time off for family, or leisure?

You want to work yourself into the grave with no joy in your life?

I don't have any great advantages I don't think I'm particularly brilliant and didn't come from wealth but just through busting my ass I've managed to get just little bit further ahead and apparently that is now unfair. Anybody could duplicate what I've done but not everybody seems to want to try. There is however no shortage of people ready to tell me I don't deserve what I've built for myself.

Jesus, it sounds like you deserve better than what you have.


For some of us, amassing wealth is more important than leisure and gives us joy. It's horrifying to then have people stick their hands into my pockets saying I should pay for their failure to work by the same standards that have earned me the life I live.

To some of us, earning enough to live on passive investments is the end goal. Maybe you have different goals, but my goals are to retire before my children graduate from high school. I'm nearly there. These last few years has been a boon for my investments in real estate as working myself to the bone gave me the cash to buy in at the bottom of the recession in 2009 and buy in again in March of this year. While everyone else was pissing their pants, I quadrupled my money by being shrewd in my past. 

Remember - recessions are good for those who are prepared and terrible for those who aren't. I'd rather be the one prepared than the one in a panic.
 
2020-12-05 8:04:35 PM  

RTOGUY: Permanent Solutions For Permanent Problems: Wanderlusting: This is the problem with leftist ideology ... your platitudes breakdown at the fringes. 

If taxes are the price we pay for society, then everyone should pay an equal amount. If some people are asked to pay more, it only seems fair that they get a larger share of the benefits as well.

Having substantially more than most others means you already have a larger share of the benefits.

I have a little business and according to the stats I'm making more than the average person. I'm also working 7 days a week so am I not entitled to more for my efforts or should I just work less to keep pace with everyone else? I don't have any great advantages I don't think I'm particularly brilliant and didn't come from wealth but just through busting my ass I've managed to get just little bit further ahead and apparently that is now unfair. Anybody could duplicate what I've done but not everybody seems to want to try. There is however no shortage of people ready to tell me I don't deserve what I've built for myself.


You built a cell for yourself it sounds like. Hope you really enjoy what you do for a living, as it sounds like you have to live that job. Sounds stupid to me, but I guess you really achieved something.
 
2020-12-05 8:05:45 PM  

majestic: Fair tax rates on the wealthy have worked in the USA whenever they were in place. I'm sure you can read the evidence for yourself.


You're right, they did, because you could fly an Imperial Light Cruiser through the loopholes contained therein. This is why revenues haven't changed much over the years and why receipts actually increased dropping marginal rates from 90% to 50% to 35% and below.
 
2020-12-05 8:06:46 PM  
About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.
 
2020-12-05 8:08:07 PM  

majestic: You built a cell for yourself it sounds like. Hope you really enjoy what you do for a living, as it sounds like you have to live that job. Sounds stupid to me, but I guess you really achieved something.


Retiring in the next 5-8 years sounds like a perfect way to enjoy the latter half of my life. I'll probably still stay on as a consultant to earn a small paycheck and healthcare, but I'll be able to almost entirely do what I want.

The Position of Fuck You (John Goodman in The Gambler)
Youtube xdfeXqHFmPI


If you aren't living your life from this perspective, you're likely even more of a slave to your life and job than I am.
 
2020-12-05 8:08:55 PM  

Wanderlusting: For some of us, amassing wealth is more important than leisure and gives us joy.


So you like the Soviet model, where workers are thankful for their jobs?
 
2020-12-05 8:13:37 PM  

iron de havilland: So you like the Soviet model, where workers are thankful for their jobs?


My entire goal in life was to get to the point whereby my passive income exceeded my salary and I'm close. I don't particular like what I chose as a career, but I was reasonably good at it and it gave me the opportunities to stack my income in the early part of my career in order to capitalize on the cyclical boom/bust cycle. I made my first million in the market crash when I leveraged my cash holdings to purchase several short sales and then continued buying and selling property as the market improved. In March, I threw almost my entire life's savings in the market as it was hitting historic lows and quadrupled my investments this year.

Again, I'll have time for leisure later. I'd rather spend the most productive years of my life working for my family so that I can spend the later years enjoying my life. It's worked for me.

Luck favors the prepared.
 
2020-12-05 8:15:13 PM  

Wanderlusting: For some of us, amassing wealth is more important than leisure and gives us joy. It's horrifying to then have people stick their hands into my pockets saying I should pay for their failure to work by the same standards that have earned me the life I live.

To some of us, earning enough to live on passive investments is the end goal. Maybe you have different goals, but my goals are to retire before my children graduate from high school. I'm nearly there. These last few years has been a boon for my investments in real estate as working myself to the bone gave me the cash to buy in at the bottom of the recession in 2009 and buy in again in March of this year. While everyone else was pissing their pants, I quadrupled my money by being shrewd in my past.


If hoarding money is more important to you than leisure, shouldn't you be planning to work until you drop dead regardless of whether you need to?
 
2020-12-05 8:18:36 PM  

NotThatGuyAgain: About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.


That's weird. You start making a bunch of money and Trump gives the rich folks a huge tax break. Somehow you ended up saying fark charities and were so dumb that you couldn't navigate a health insurance policy.
 
2020-12-05 8:20:38 PM  

Wanderlusting: iron de havilland: So you like the Soviet model, where workers are thankful for their jobs?

My entire goal in life was to get to the point whereby my passive income exceeded my salary and I'm close. I don't particular like what I chose as a career, but I was reasonably good at it and it gave me the opportunities to stack my income in the early part of my career in order to capitalize on the cyclical boom/bust cycle. I made my first million in the market crash when I leveraged my cash holdings to purchase several short sales and then continued buying and selling property as the market improved. In March, I threw almost my entire life's savings in the market as it was hitting historic lows and quadrupled my investments this year.

Again, I'll have time for leisure later. I'd rather spend the most productive years of my life working for my family so that I can spend the later years enjoying my life. It's worked for me.

Luck favors the prepared.


You are so FOS.
 
2020-12-05 8:22:02 PM  

Wanderlusting: I made my first million in the market crash when I leveraged my cash holdings to purchase several short sales and then continued buying and selling property as the market improved.


So, which movements in the markets convinced you that now was the time to create a Fark account?
 
2020-12-05 8:22:05 PM  

RTOGUY: Permanent Solutions For Permanent Problems: Wanderlusting: This is the problem with leftist ideology ... your platitudes breakdown at the fringes.

If taxes are the price we pay for society, then everyone should pay an equal amount. If some people are asked to pay more, it only seems fair that they get a larger share of the benefits as well.

Having substantially more than most others means you already have a larger share of the benefits.

I have a little business and according to the stats I'm making more than the average person. I'm also working 7 days a week so am I not entitled to more for my efforts or should I just work less to keep pace with everyone else? I don't have any great advantages I don't think I'm particularly brilliant and didn't come from wealth but just through busting my ass I've managed to get just little bit further ahead and apparently that is now unfair. Anybody could duplicate what I've done but not everybody seems to want to try. There is however no shortage of people ready to tell me I don't deserve what I've built for myself.


Nobody's saying that it's unfair to do better by working more; the question is how much better.  If you're only "just a little bit further ahead" then you're not the target of taxes like these.  Those who are doing so well that they are the target of a wealth tax will still be doing extremely well after paying the tax.
 
2020-12-05 8:25:19 PM  

NotThatGuyAgain: About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.


That's unfortunate, but I suppose understandable. I applaud you for your generosity, but I'd rather that money you contribute towards society goes towards something we've collectively decided is for the greater good. You might pick fine charities, but maybe you don't. And at least if the government farks up with it, there's some opportunity to hold them accountable.
 
2020-12-05 8:26:47 PM  

majestic: NotThatGuyAgain: About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.

That's weird. You start making a bunch of money and Trump gives the rich folks a huge tax break. Somehow you ended up saying fark charities and were so dumb that you couldn't navigate a health insurance policy.


I don't even know how to respond to your uninformed, trolly, douchebag opinion.

Am I supposed to fark up my own personal expenses to assist charity?  Great plan, Sofa King.
 
2020-12-05 8:31:47 PM  

NotThatGuyAgain: majestic: NotThatGuyAgain: About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.

That's weird. You start making a bunch of money and Trump gives the rich folks a huge tax break. Somehow you ended up saying fark charities and were so dumb that you couldn't navigate a health insurance policy.

I don't even know how to respond to your uninformed, trolly, douchebag opinion.

Am I supposed to fark up my own personal expenses to assist charity?  Great plan, Sofa King.


Naw. You should, however, reconsider your belief in charity if you only contribute when you can write it off.
 
2020-12-05 8:34:30 PM  

NotThatGuyAgain: majestic: NotThatGuyAgain: About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.

That's weird. You start making a bunch of money and Trump gives the rich folks a huge tax break. Somehow you ended up saying fark charities and were so dumb that you couldn't navigate a health insurance policy.

I don't even know how to respond to your uninformed, trolly, douchebag opinion.


You are boasting about not donating to charity.

You might want to have a think about who is the douchebag in this situation.

Am I supposed to fark up my own personal expenses to assist charity?  Great plan, Sofa King.

It might be better for you to consider why charities ask for money, and why it is good to donate to them.
 
2020-12-05 8:40:54 PM  

majestic: Wanderlusting: iron de havilland: So you like the Soviet model, where workers are thankful for their jobs?

My entire goal in life was to get to the point whereby my passive income exceeded my salary and I'm close. I don't particular like what I chose as a career, but I was reasonably good at it and it gave me the opportunities to stack my income in the early part of my career in order to capitalize on the cyclical boom/bust cycle. I made my first million in the market crash when I leveraged my cash holdings to purchase several short sales and then continued buying and selling property as the market improved. In March, I threw almost my entire life's savings in the market as it was hitting historic lows and quadrupled my investments this year.

Again, I'll have time for leisure later. I'd rather spend the most productive years of my life working for my family so that I can spend the later years enjoying my life. It's worked for me.

Luck favors the prepared.

You are so FOS.


Seeing your replies to me and others, you're just an asshole.
 
2020-12-05 8:43:09 PM  

StatelyGreekAutomaton: NotThatGuyAgain: About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.

That's unfortunate, but I suppose understandable. I applaud you for your generosity, but I'd rather that money you contribute towards society goes towards something we've collectively decided is for the greater good. You might pick fine charities, but maybe you don't. And at least if the government farks up with it, there's some opportunity to hold them accountable.


Glad to know you want my personal choice for donations of my own money only goes to what you want it to go to.

May as well tell me what kind of beer tastes good and who I should call god.
 
2020-12-05 8:45:04 PM  

majestic: NotThatGuyAgain: majestic: NotThatGuyAgain: About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.

That's weird. You start making a bunch of money and Trump gives the rich folks a huge tax break. Somehow you ended up saying fark charities and were so dumb that you couldn't navigate a health insurance policy.

I don't even know how to respond to your uninformed, trolly, douchebag opinion.

Am I supposed to fark up my own personal expenses to assist charity?  Great plan, Sofa King.

Naw. You should, however, reconsider your belief in charity if you only contribute when you can write it off.


I've never written off a single one, you presumptuous ass.

You're just a troll.

I'm going back to working in my shop.  I'm making 10 desks for underprivileged kids.  What do you do other than be a judgemental ass on Fark?
 
2020-12-05 8:45:45 PM  

iron de havilland: NotThatGuyAgain: majestic: NotThatGuyAgain: About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.

That's weird. You start making a bunch of money and Trump gives the rich folks a huge tax break. Somehow you ended up saying fark charities and were so dumb that you couldn't navigate a health insurance policy.

I don't even know how to respond to your uninformed, trolly, douchebag opinion.

You are boasting about not donating to charity.

You might want to have a think about who is the douchebag in this situation.

Am I supposed to fark up my own personal expenses to assist charity?  Great plan, Sofa King.

It might be better for you to consider why charities ask for money, and why it is good to donate to them.


Boasting?  Griping.
 
2020-12-05 8:47:41 PM  

NotThatGuyAgain: StatelyGreekAutomaton: NotThatGuyAgain: About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.

That's unfortunate, but I suppose understandable. I applaud you for your generosity, but I'd rather that money you contribute towards society goes towards something we've collectively decided is for the greater good. You might pick fine charities, but maybe you don't. And at least if the government farks up with it, there's some opportunity to hold them accountable.

Glad to know you want my personal choice for donations of my own money only goes to what you want it to go to.

May as well tell me what kind of beer tastes good and who I should call god.


I mean, you seem like the type likely to donate it to some charity veiled as a grift, is all. Why don't you list where you donate so we can marvel at it?
 
2020-12-05 8:48:25 PM  

Wanderlusting: Either you believe taxation is the cost of living in a society and we should all pay the same rate, or you believe it's a donation whereby you request some people pay a higher rate than others.

The good thing about a flat tax, is nobody can say it's unfair. 10% of your income is 10% of your income - regardless if you make $1 or $1 million or $100 million.


Progressive taxes are perfectly fair. You pay the same taxes on the first 50k of your income as someone who only makes 50k.

And the reason progressive taxes exist is this: what percentage of your income goes towards necessities (food, housing, healthcare, etc.?) Now, what percentage of a poor person's income goes towards necessities?
 
2020-12-05 8:48:44 PM  

NotThatGuyAgain: iron de havilland: NotThatGuyAgain: majestic: NotThatGuyAgain: About 4 years ago, almost 5, I started making great money.  I'm no millionaire by any stretch.

Even before that I was very generous towards local charities.  I'm talking anywhere from $3k to $5k in donations.

Guess what happens when people, like the government, tell me they're taking more.  That's right, my discretionary charity spending goes down.

Good job.

/With increased health insurance for 2021, a solid 50% more, and my company's lesser 401k match for 2021, sorry my local charities.  My budget for you isn't as big as it was.

That's weird. You start making a bunch of money and Trump gives the rich folks a huge tax break. Somehow you ended up saying fark charities and were so dumb that you couldn't navigate a health insurance policy.

I don't even know how to respond to your uninformed, trolly, douchebag opinion.

You are boasting about not donating to charity.

You might want to have a think about who is the douchebag in this situation.

Am I supposed to fark up my own personal expenses to assist charity?  Great plan, Sofa King.

It might be better for you to consider why charities ask for money, and why it is good to donate to them.

Boasting?  Griping.


Well, you should work on your language a bit, because what you wrote makes you sound like you're sour on the idea of giving to charity.
 
2020-12-05 8:55:16 PM  

trialpha: Wanderlusting: Either you believe taxation is the cost of living in a society and we should all pay the same rate, or you believe it's a donation whereby you request some people pay a higher rate than others.

The good thing about a flat tax, is nobody can say it's unfair. 10% of your income is 10% of your income - regardless if you make $1 or $1 million or $100 million.

Progressive taxes are perfectly fair. You pay the same taxes on the first 50k of your income as someone who only makes 50k.

And the reason progressive taxes exist is this: what percentage of your income goes towards necessities (food, housing, healthcare, etc.?) Now, what percentage of a poor person's income goes towards necessities?


That was well stated.
 
2020-12-05 9:01:17 PM  

iron de havilland: RTOGUY: Permanent Solutions For Permanent Problems: Wanderlusting: This is the problem with leftist ideology ... your platitudes breakdown at the fringes.
If taxes are the price we pay for society, then everyone should pay an equal amount. If some people are asked to pay more, it only seems fair that they get a larger share of the benefits as well.

Having substantially more than most others means you already have a larger share of the benefits.

I have a little business and according to the stats I'm making more than the average person. I'm also working 7 days a week so am I not entitled to more for my efforts or should I just work less to keep pace with everyone else?

I'd question your sanity. You don't want to take time off for family, or leisure?

You want to work yourself into the grave with no joy in your life?


The work is heavily seasonal so I work like mad while there is work to do and take time off when it slows down a bit but right now is the busiest time so it's 7 days a week until Christmas and then back up again in January.
 
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