Motherfucker, so this is why I have to pay in $3500 to the IRS this year - Auto-Trend Repairs and Service Information Forums

Nuffan · No longer a user - left on their own accord.

RE: Motherfucker, so this is why I have to pay in $3500 to the IRS this year

PowerStroker · UNSTOPPABLE!

Has any billionaire made their money by something other than a corporation?

Granted El Chapo probably didn't file for a LLC for his business, but I hope you get my point.

Are you all concerned about the exploding national debt?

-- Edited by PowerStroker on Sunday 17th of February 2019 03:40:13 AM

Nuffan · No longer a user - left on their own accord.

PowerStroker wrote:
Has any billionaire made their money by something other than a corporation?

Granted El Chapo probably didn't file for a LLC for his business, but I hope you get my point.

Are you all concerned about the exploding national debt?

-- Edited by PowerStroker on Sunday 17th of February 2019 03:40:13 AM

Trump is still deficit spending at a rate below Obama

Obama raised taxes and GDP fell to 1% and Trump cut taxes and GDP rose to over 3%

and 2% higher GDP will generate more revenue...

Cutting corporate tax rates help more than billionaires...

There are only 540 billionaires in the United States...

We do not have enough billionaires to end the deficit...

Individual tax cuts did not bring companies back into the US...

CORPORATE TAX CUTS DID....

Ford can pay a 25% corporate tax to the Mexican government...or a 21% corporate tax rate to the United States government...

This is why the FORD plant slated for Mexico was cancelled and is now will be in Michigan a state badly needing jobs...

Your darling AOC just lost New York City 25,000 HIGH paying jobs...these were HQ employees not loading dock employees...

Wealthy tax payers LEAVING New York City has caused a huge deficit in the state...why did they leave??? TAXES WERE TOO HIGH...

Wealthy tax payers are also fleeing California because of the taxes...

People and corporations are going to go where the taxes are lowest...

They are not going to just stay there a pay ridiculous tax rates when they can move and get better tax rates...

Nuffan · No longer a user - left on their own accord.

PowerStroker wrote:
Has any billionaire made their money by something other than a corporation?

That is about the most redundant stupid comment ever made...

Has anyone in America made their money without a corporation?

Most business owners have some form of corporate structure...that is just a simple fact of life to do business in this country...

Most employees are paid by a corporation...

most corporations have MANY OWNERS rather than a single billionaire...

Nuffan · No longer a user - left on their own accord.

wait until all these state on tract to raise to $15 minimum wage actually reach that goal....

Sure it will help the one guy that gets a job at $15 per hour...but it will screw the three people who lost their job due to the increase to the cost of labor...

just because the government DEMANDS you pay $15 per hour does not mean the company can...

very few in the country are making under $10 per hour today...

in 2017 around 550,000 were making $7.25 most of these people were part time employees...

550,000 out of 80,500,000 hourly employees in 2017

Watch New York, Illinois and California run up a massive debt over the next 5-10 years...

as business moves away and job creators go elsewhere to avoid the huge taxes...

PowerStroker · UNSTOPPABLE!

If a company can't pay a living wage, they have a failed business model and should be allowed to die.

Nuffan · No longer a user - left on their own accord.

PowerStroker wrote:
If a company can't pay a living wage, they have a failed business model and should be allowed to die.

Give an example where a company in the US is not paying enough?

Hell even Walmart is paying better these days...

PowerStroker · UNSTOPPABLE!

Huff Post has a few examples of major chains https://www.huffingtonpost.com/entry/the-10-companies-that-pay-americans-the-least_us_55e9aa0de4b093be51bb378c

Then of course there are a great many small companies who can't seem to pay employees a living wage. I'm not talking about minimum wage, I mean a real living wage.

SELLC · CERTIFIED POST WHORE

Eh... Huff Post?

I thought they were a satirical news desk, much like SNL - but in print?

confuse

Shawnee_B · FAR BEYOND DRIVEN

PowerStroker wrote:
Huff Post has a few examples of major chains https://www.huffingtonpost.com/entry/the-10-companies-that-pay-americans-the-least_us_55e9aa0de4b093be51bb378c
Then of course there are a great many small companies who can't seem to pay employees a living wage. I'm not talking about minimum wage, I mean a real living wage.

Ever had employees or independent contractors work for you? Didn't think so. I did.

PowerStroker · UNSTOPPABLE!

No they report real news, they just choose to report about these specific types of issues more than others.

If your dispute is with their numbers, I'm willing to look at any evidence to the contrary you may wish to offer.

PowerStroker · UNSTOPPABLE!

I have hired contract work in the past actually, when demand for some of my machined parts exceeded my production capability. Since then I have upgraded my machinery and can meet demand myself.

SELLC · CERTIFIED POST WHORE

Them ain't down feathers in his couch cushions either!

PowerStroker · UNSTOPPABLE!

Yeah, it's generic fluff. I'm not Nuffan bro.

SELLC · CERTIFIED POST WHORE

Sometimes, when I buy a lottery ticket for a very big 1/2 billion dollar jackpot, I too will dream a little... About having couch cushions with cash money in them, wiping my ass with money... you know, being filthy rich by lotto windfall. LOL

I am going to pretend I just bought a lotto ticket just so I can get away! This must be how AOC feels every day! LOL

Shawnee_B · FAR BEYOND DRIVEN

PowerStroker wrote:
I have hired contract work in the past actually, when demand for some of my machined parts exceeded my production capability. Since then I have upgraded my machinery and can meet demand myself.

And how did that work for you. I had better luck with independent contractors than employees. Most employees were not worth minimum wage. Lazy, stole, just POS's mostly, not all though. Few good ones. My point is most are not worth a flat $15 an hour. Want a livable wage? Get an education, hopefully a trade then go from there..

SELLC · CERTIFIED POST WHORE

It would appear that PowerStroker is not alone in his frustration,

http://www.fox2detroit.com/news/us-and-world-news/i-owe-how-much-americans-shocked-by-impact-of-new-tax-laws

And that is even Fox News report, albeit Fox2Detroit, which is very liberal and Democrat.

Democrats are trying desperately to gain traction on anything, and taxes seem to have worked well to cut Bush Sr's reign in half. Make sense they would pounce on this, even if they all did make more money overall, they won't mention that.

I honestly believe that had it not been for my kid turning 17 just a few days before the end of the year - thus disqualifying him for the additional child tax credit, I would have seen the best return ever.

None the less, people do not like surprises like this... I can't blame them, but I am positive these people will correct the withholding amount this year and thus see smaller paychecks - which in turn will resonate in every paycheck rather than just once a year.

PowerStroker · UNSTOPPABLE!

The private contractor worked fine, and the quality was good. He made 1000 pieces for me and If I remember they were $3.60 each. At the time I was using a manual lathe so his cost was a lot cheaper than what I could make them for myself. Upon touring his machine shop I was inspired to buy my own CNC lathe. Once the lathe paid for itself my production cost is now about $2 bucks each on a part that sells for $20, so it all worked out.

Yeah Rex, see I'm not full of it. I'm aware my taxes went down a little, but the withholding charts the IRS published caused my withholding amount to be insufficient. Like a great many people I found an unpleasant surprise.

My taxes are paid now, they came to $3408.00 that I had to pay in between Fed and State. Onward and upward.

SELLC · CERTIFIED POST WHORE

Did you take it out of the couch cushion or the flash cash? lol

PowerStroker · UNSTOPPABLE!

No no no, that's Nuffan leaving a trail of hundred dollar bills everywhere he goes. I paid out of the business account.

Nuffan · No longer a user - left on their own accord.

PowerStroker wrote:
No no no, that's Nuffan leaving a trail of hundred dollar bills everywhere he goes. I paid out of the business account.

Powerstroker paid them with sexual favors by sucking the guys dick...

PowerStroker · UNSTOPPABLE!

Cant we have a civil debate around here?

Nuffan · No longer a user - left on their own accord.

PowerStroker wrote:
Cant we have a civil debate around here?

You stop making shit up about me I will return the favor...

You started it...

so you can fuck off...

PowerStroker · UNSTOPPABLE!

Golly, I thought it was a compliment

Nuffan · No longer a user - left on their own accord.

Amazon reported cash taxes paid or the amount of funds actually paid in taxes of $1.2 billion last year and $957 million in 2017. But these numbers are not broken down geographically, so it is not possible to know which government received the cash.

In other words, focusing on Amazons recent tax burden may not show the full picture, he told AFP. Amazon told AFP on Friday it had invested more than $160 billion in the United States since 2011, building an intricate distribution network as well as cloud computing infrastructure. Amazon pays all the taxes we are required to pay in the US and every country where we operate, including paying $2.6 billion in corporate tax and reporting $3.4 billion in tax expense over the last three years, a spokesman said. Corporate tax is based on profits, not revenues, and our profits remain modest given retail is a highly competitive, low-margin business and our continued heavy investment..

Read more: https://usa.inquirer.net/21995/fact-check-does-amazon-really-pay-0-in-taxes#ixzz5g5uP3sHX

But democrats do not want this part of the story told...

They would much rather stick to a false narrative that Amazon makes BILLIONS and pays nothing in taxes...

lets not mention the ONE HUNDRED AND SIXTY BILLION Amazon invested in the United States...

because well that does not fit the narrative democrats are looking for...and they can not turn that into an attack on Trump...

Watching democrats destroy themselves because of their unwarranted hatred of Donald Trump is priceless...

Creating 25,000 jobs takes a large investment from the corporation...democrats turn a blind eye to that part...

-- Edited by Nuffan on Wednesday 20th of February 2019 12:50:38 PM

PowerStroker · UNSTOPPABLE!

I've invested some money in the United States too, not as much, but a slice of my net profit always goes to Uncle Sam.

SELLC · CERTIFIED POST WHORE

So wait a minute!

Neither one of you guys has 50k in the couch cushion and 30k flash cash!?

I feel so let down, I was going to ask one of you two if I could crash on your couch when I was in town but forget about it now! lol

Nuffan · No longer a user - left on their own accord.

PowerStroker wrote:
Golly, I thought it was a compliment

A) you were TROLLING, and you know it...

B) I am not rich not by a long shot...

C) I did not get where I am due to some white privilege I worked my ass off to get ahead...

Nuffan · No longer a user - left on their own accord.

SELLC wrote:
So wait a minute!
Neither one of you guys has 50k in the couch cushion and 30k flash cash!?
I feel so let down, I was going to ask one of you two if I could crash on your couch when I was in town but forget about it now! lol

While I could pull together 30K cash...I do not keep it in my couch...lol

Most of my assets are in land and homes...

and NO you can not move into one of them...lmao

SELLC · CERTIFIED POST WHORE

Nuffan wrote:
SELLC wrote:
So wait a minute!
Neither one of you guys has 50k in the couch cushion and 30k flash cash!?
I feel so let down, I was going to ask one of you two if I could crash on your couch when I was in town but forget about it now! lol
While I could pull together 30K cash...I do not keep it in my couch...lol
Most of my assets are in land and homes...
and NO you can not move into one of them...lmao

Unless one of your homes is in the hills of Hollywood, or on the south beach of Miami in the 1500-3800 address range of the A1A - then you have no worries about me inquiring about moving into any of your homes... even if you were AirBNB'n em'.

I'd even settle for a Park City Utah flat... How we looking on any of them locations Nuffan? I am considering a vacation soon! LOL

SELLC · CERTIFIED POST WHORE

Ah well, guess I will keep checking Travelocity... Las Vegas would be the perfect get-away but due to global WARMING they have snow there right now too! LOL

Imagine that, fuk'n snowing in the desert!

PowerStroker · UNSTOPPABLE!

You know there's a Trump hotel in Vegas!

SELLC · CERTIFIED POST WHORE

yeah-yeah-yeah....

still waiting on my comp...

Nuffan · No longer a user - left on their own accord.

PowerStroker wrote:
I've invested some money in the United States too, not as much, but a slice of my net profit always goes to Uncle Sam.

You really have no clue....

The company invested over 160 billion in the United States...

The company incurred losses in the past that are tax deductible...

You're pissing and moaning about 4 billion in taxes...

and failing to understand that Amazon did pay taxes lots of local and state taxes and taxes overseas as it is a global company...

They just wisely used offset's in 2017 and 2018...for US Federal taxes...

They paid an marginal tax rate in 2014 of over 90%...but you want to GLOSS over that...

-- Edited by Nuffan on Thursday 21st of February 2019 03:43:26 PM

SELLC · CERTIFIED POST WHORE

Are you at all vested with Amazon Nuffan? Either by way of 401k, actual stocks, TV, shopping or any other service or product?

Inquiring minds want to know.

Nuffan · No longer a user - left on their own accord.

SELLC wrote:
Are you at all vested with Amazon Nuffan? Either by way of 401k, actual stocks, TV, shopping or any other service or product?
Inquiring minds want to know.

Not that I am aware of...

I have a 401K and a Pension...I do not honestly know the make up of the diversification...for either...

I am a Amazon Prime member does that count? lol

SELLC · CERTIFIED POST WHORE

Oh yeah, if you're a Prime member you're for sure a Bezos fan! You're in the cocoon for sure! LOL

I am also pretty sure your 401k would take a hit, regardless of its diversification if Amazon took a big hit or gawd forbid it's bubble popped and it pulled the market down some with it.

I don't have anything against Bezos, and I wish him only the best in his endeavors! But he could slide MacKenzie my number if he is all done with that! LOL

I am not a big Amazon guy, I consider myself a big eBay guy... I have used both, early on and found Amazon to be seriously lacking! I can not understand how they are so big, something isn't right with this company. Mark my words.

Nuffan · No longer a user - left on their own accord.

For the record it is not about Amazon...

It is the ignorance the left tries to play to sell their narrative that billionaires make slaves of the rest of us which is bullshit...

take all the money from the billionaires (every penny they have) and it would not fund the government for one year...

Verizon paid no taxes a few years back on a year where they had record profits...

not much was said about that...

seems it is okay when a corporation does the same thing under a democratic president...

No corporation or individual should ever pay more than 25%...

when the billionaires have no money left then you would look to the millionaires only they lost most their value when the billionaires were taken down...

so now all that is left is middle class...which no longer exist because they were employed by the billionaires who no longer have any money...

THAT IS HOW SOCIALISM WORKS...

EVERY TIME THROUGHOUT HISTORY....

SELLC · CERTIFIED POST WHORE

As a business owner I am well aware of what you are talking about Nuffan...

The amount I gross per year is great, the amount I net after taking off all the expense to make it is not anything remotely close to that...

And that is fair, as I am sure the accountants are making livings saving them this money. Like I said, I am only picking on Amazon and Bezos because I am an eBay fan.. simple rivalry.

Sometimes I get items from eBay that have been shipped by Amazon, it's like they are sending me a big middle finger on the side of the box rather than a smiley logo. LOL

Nuffan · No longer a user - left on their own accord.

I am a Amazon Prime Member because now my TV cost me $119 a year...rather than $285 per month...

I personally do not care for Bezos...

SELLC · CERTIFIED POST WHORE

Awe $hit, there goes your service quality! LOL

With regards to the savings, I can respect that!

SELLC · CERTIFIED POST WHORE

I should mention that I have already received my State and Federal returns back! Woo-Hoo!

And after paying bills the woman and I will still have enough left over for a good meal!

haslefree · Veteran User

Nancy doesnt even know whos president. She thinks its still George Bush.

Shawnee_B · FAR BEYOND DRIVEN

That's right, she has said that several times.

SELLC · CERTIFIED POST WHORE

April 15th is just around the corner!

Some might have to peel off a couch cushion or two! lol

Rastus · UNSTOPPABLE!

haslefree wrote:
Nancy doesn't even know who's president. She thinks its still George Bush.

I guess that speaks volumes about the impression Mr.Trump makes on Nancy...

clarity101 · ABOVE AND BEYOND

Shawnee_B wrote:
Nancy will be in the looney bin by 2020, should be right now.

Shawnee_B · FAR BEYOND DRIVEN

Take a few more with her too.

SELLC · CERTIFIED POST WHORE

That's $3,500 more than Amazon paid in taxes, you should feel like a fuk'n BOSS!

SELLC · CERTIFIED POST WHORE

So how did you do this year PowerStroker?