if we’re being honest, is it worth living that long anyway? When I get old I’ll complain more than Jerry Stiller on Seinfeld.
More free money! It pays to be poor.
- Thread starter UncleMark
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if we’re being honest, is it worth living that long anyway? When I get old I’ll complain more than Jerry Stiller on Seinfeld.
Those Ukrainians are all going to die someday, so why do we care it is today?
No other auto manufacturer before Tesla proved a totally electic vehicle would sell in the modern age. I don't know if you're old enough to remember when he started Tesa, but all the 'experts' predicted he'd fail. He has forced the auto industry into a paradigm shift. For those who think electric vehicles are a major part of 'saveing the environment', he has certainly helped advance civilization.
And no one is saying one has to be super rich to contribute to society. But putting down billionaires just because they are wealthy discounts the fact that many do major good with their wealth.
"a person's ability to make money does not necessarily correspond to that person's advancing civilization. " Well of course not. Who made that claim? I'm just pointing out that massive amounts of money - personal money - is usually required to make major advances. No one's saying all super-rich people do good with their money.
I'm 67. No big problems, but I'm showing every one of those years and they've taken their toll. No way in hell I'll make it to 80. Hell, I'm not all that confident on Memorial Day. I'll try and drag it out as long as I can just to piss JDB off, but I have no desire to outlive my mind and body.
You said you're skinny. That's a big deal. Keep getting in fights with people on here to keep your mind going and you'll be fine
Tulsi will be hot for at least 15, 20 more years. You’re good.
I'm torn between wanting to get it over with and wanting to torment you for as long as I can.
This response is so disingenuous, I feel no inclination to continue.
You don't HAVE to drive or use an automobile, but I digress.
Isn't auto insurance like the ACA and not really at all like single payor? You and I have an obligation to buy auto insurance. The government doesn't dictate coverage details, just that you meet some minimum threshold, right?
I'm the same age you are. I'm making it my purpose in life to outlive you.
So, stay healthy, you old fart.
Who says you havne't already?
Isn't having a minimum threshold the same as dictating coverage details? No one would stop someone from buying extra insurance on either side.
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anon_6hv78pr714xta
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I can agree with that (and yes, I'm old enough, thanks for asking though!). And I can get behind the idea that many, many entrepreneurs in a capitalist society are, in fact, advancing society as they make money.
But taxing them disproportionately doesn't equal putting them down, in my mind (aka finding them morally reprehensible just because they have a lot of money). I missed that as part of your earlier point, I guess. I thought this issue was more along the lines of-- we can admit individuals or corps are doing good by satisfying needs and still reasonably ask "Is there a point where we want to limit the economic power of an individual or a firm in our society?"
I recognize, though, that we have to be careful because when politicians have the ability to ask the question above, they use that as a cudgel and it is very prone to political grandstanding and use to curry votes with those who don't understand the issue. So maybe, as rule utilitarian, you'd say in a democracy we have to limit the ability of elected officials to makes these decisions.
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anon_6hv78pr714xta
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I've never thought about it before, but would nationalizing auto insurance be so wrong? Would that turn a bunch of auto accident lawyers into essentially workers comp lawyers? I think a lot do both anyway? MCM, thoughts?
Any thing that would get rid of “only buy what you need,” Flo, and Mr. Mahem would be an improvement.
I have always thought that there should be no obligation to buy liability coverage. Everybody would then insure themselves through UM-type policies.
Many do both. And yes it would convert them. But there are other issues like property damage etc. And WC is slow as shit. But it's still private insurance, obviously. I doubt you want to deal with the gov when trying to get your car repaired, or even get a BI settlement. If the injuries aren't serious insurance cos are fast. Faster than the gov. Hell the worst part of resolving a pi claim is if there's ERISA or Medicare. And Fed WC claims? Forget it. Postal worker gets hurt you can't even find a lawyer to take it. Insurance F's around you have vexatious refusal and third party claims. Gov forget it. Pound sand. Gov would just make things worse
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Since you feel so bad and think it's wrong here's a link to donate to the federal debt.
Pay.gov - Gifts to Reduce the Public Debt
So does that count as income? If I borrow money from a bank and they forgive the loan I have to claim that as income.... I think.
Should we forgive mortgage loans when people get in over their head?
So does that count as income? If I borrow money from a bank and they forgive the loan I have to claim that as income.... I think.
If those mortgage loans had exorbitant costs and had interest set up so that all you could ever do was pay the interest and still find yourself going backwards, then yea something should be done.
I wasn't addressing taxation at all. I'm saying the depiction of them all as greedy bastards that deserve to be punished for their wealth by taxing their already taxed wealth is not accurate.
I'm sure you're old enough to remember the 'luxury tax' - I believe it was under Clinton? Boats and yacht makers and other luxury goods manufacturers were going out of business because those consumer rebelled at the idea of a tax targeting them.
What gets lost in all this 'tax the rich' talk is the reality of lost jobs. Like it or not the rich create a lot of jobs. Not all of them, but enough to make a real difference in local economies.
There is no limiting of the ability of Congress to tax. One Congress may pass that law, but the next will pass a new law, and so on.
Nearly Two-Thirds of American Households Didn't Pay Federal Income Tax Last Year
It's a sharp increase, but no, they weren't committing tax fraud.
money.com
Federal student loans forgiven are not counted as income and are not taxed. Private loans and other debt would likely be reported - I say likely because I'm sure there are some loopholes to get around that.So does that count as income? If I borrow money from a bank and they forgive the loan I have to claim that as income.... I think.
I agree with the 0% interest on student loans too and I'm seeing a lot of support for that from the younger generation. I'm actually in the Public Service Loan Forgiveness program and my loans should be forgiven in the next two years. Even if the gov ends the forgiveness program, they will have to grandfather everyone currently in the program because most of those enrolled will have balances higher than when they entered.
Overall, I've paid less than what I would have in a standard repayment plan, but I kind of wish I hadn't entered and just paid the loans off, which I would have by now.
Basic Qualifying Rules
To qualify for the EITC, you must:- Have worked and earned income under $57,414
- Have investment income below $10,000 in the tax year 2021
- Have a valid Social Security number by the due date of your 2021 return (including extensions)
- Be a U.S. citizen or a resident alien all year
- Not file Form 2555 (related to foreign earned income)
The basic difference between the poor and the rich is passive income. With ETFs and micro investment, there’s no excuse for being poor.
Based on that I would have qualified my entire life. This is the first time TaxAct said I was eligible.
Well if you qualified in
EDIT: According to this, you can file 1040-X’s electronically only for the last three years. I haven’t found any limitation or not beyond that. You could ask at the library. They usually have people helping with taxes voluntarily there.
I have no idea how long this EITC has been available.
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Well sure, I'm sure you'd see a lot of support for 0% interest on mortgages also from a wide range of people.
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