XPost: alt.home.repair, uk.d-i-y, alt.sci.physics
From: MrPounder@RationalThought.com
Commander Kinsey wrote:
> On Fri, 14 Jun 2019 01:59:17 +0100, Rod Speed
> wrote:
>>
>>
>> "Commander Kinsey" wrote in message
>> news:op.z3ch4nb5wdg98l@desktop-ga2mpl8.lan...
>>> On Thu, 13 Jun 2019 04:06:13 +0100, Xeno
>>> wrote:
>>>> On 13/6/19 2:44 am, Commander Kinsey wrote:
>>>>> On Wed, 12 Jun 2019 01:24:38 +0100, Rod Speed
>>>>> wrote:
>>>>>
>>>>>>
>>>>>>
>>>>>> "Commander Kinsey" wrote in message
>>>>>> news:op.z28s84sjwdg98l@desktop-ga2mpl8.lan...
>>>>>>> On Tue, 11 Jun 2019 21:52:26 +0100, Rod Speed
>>>>>>>
>>>>>>> wrote:
>>>>>>>
>>>>>>>>
>>>>>>>>
>>>>>>>> "Commander Kinsey" wrote in message
>>>>>>>> news:op.z28l88bywdg98l@desktop-ga2mpl8.lan...
>>>>>>>>> On Tue, 11 Jun 2019 20:44:20 +0100, Rod Speed
>>>>>>>>>
>>>>>>>>> wrote:
>>>>>>>>>
>>>>>>>>>>
>>>>>>>>>>
>>>>>>>>>> "Commander Kinsey" wrote in
>>>>>>>>>> message news:op.z28imsizwdg98l@desktop-ga2mpl8.lan...
>>>>>>>>>>> On Tue, 11 Jun 2019 19:41:18 +0100, Rod Speed
>>>>>>>>>>>
>>>>>>>>>>> wrote:
>>>>>>>>>>>
>>>>>>>>>>>>
>>>>>>>>>>>>
>>>>>>>>>>>> "Commander Kinsey" wrote in
>>>>>>>>>>>> message news:op.z28fvcgdwdg98l@desktop-ga2mpl8.lan...
>>>>>>>>>>>>> On Tue, 11 Jun 2019 18:35:47 +0100, Rod Speed
>>>>>>>>>>>>>
>>>>>>>>>>>>> wrote:
>>>>>>>>>>>>>
>>>>>>>>>>>>>>
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> "devnull" wrote in message
>>>>>>>>>>>>>> news:n_PLE.43682$T52.29836@fx35.iad...
>>>>>>>>>>>>>>> On 6/11/19 9:40 AM, Commander Kinsey wrote:
>>>>>>>>>>>>>>>>> And if you don't have the money stored in a tax-free
>>>>>>>>>>>>>>>>> IRA, you'll
>>>>>>>>>>>>>>>>> pay
>>>>>>>>>>>>>>>>> income tax on your losses.
>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>> Dunno what an IRA is, but all ISAs are tax free AFAIK.
>>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>> Hang on, losses? Surely you pay income tax on your
>>>>>>>>>>>>>>>> income, not
>>>>>>>>>>>>>>>> losses.
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> Yah, it's called "Republican taxpayer privilege". The
>>>>>>>>>>>>>>> bank pays
>>>>>>>>>>>>>>> you
>>>>>>>>>>>>>>> 2%
>>>>>>>>>>>>>>> interest but inflation goes up 3%.
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> Essentially you have less buying power at the end of
>>>>>>>>>>>>>>> the year and
>>>>>>>>>>>>>>> yet
>>>>>>>>>>>>>>> you
>>>>>>>>>>>>>>> still have to pay taxes on the 2% "gain".
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> The democrats have lots of slick scams to take money
>>>>>>>>>>>>>>> from working
>>>>>>>>>>>>>>> taxpayers and give it to their lazy welfare
>>>>>>>>>>>>>>> constituents.
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> And yet only half pay any income tax. Or are you saying
>>>>>>>>>>>>>> that the
>>>>>>>>>>>>>> Dems
>>>>>>>>>>>>>> are
>>>>>>>>>>>>>> so
>>>>>>>>>>>>>> clever that they have worked out how to make just Repugs
>>>>>>>>>>>>>> pay income
>>>>>>>>>>>>>> tax
>>>>>>>>>>>>>> ?
>>>>>>>>>>>>>
>>>>>>>>>>>>> Who cares about income tax?
>>>>>>>>>>>>
>>>>>>>>>>>> In all but the USA, it's the main tax most pay in the first
>>>>>>>>>>>> world. Only the unemployable dregs like you pay most
>>>>>>>>>>>> of the tax they pay in the VAT and fuel and sin taxes.
>>>>>>>>>>>>
>>>>>>>>>>>>> It's one of only 50 taxes.
>>>>>>>>>>>>
>>>>>>>>>>>> What matters is how much you pay in each one.
>>>>>>>>>>>
>>>>>>>>>>> VAT is 20%! You will eventually spend all you earn,
>>>>>>>>>>
>>>>>>>>>> Plenty of the better paid don't.
>>>>>>>>
>>>>>>>>> Nobody accumulates money forever.
>>>>>>>>
>>>>>>>> Plenty with a clue accumulate it till they stop working
>>>>>>>> and plenty accumulate it and hand it on to their kids too.
>>>>>>>>
>>>>>>>>> If they don't spend it their descendants will.
>>>>>>>>
>>>>>>>> Plenty of their descendents arent stupid enough to spend it.
>>>>>>>
>>>>>>> If what you were saying was true, there would be an ever
>>>>>>> increasing number
>>>>>>> of people with huger and huger amounts of money.
>>>>>>>
>>>>>>>>>>> so that's 20% which is significantly similar to the income
>>>>>>>>>>> tax rate.
>>>>>>>>>>
>>>>>>>>>> Not with the better paid. Only the dregs of the labour
>>>>>>>>>> market.
>>>>>>>>>
>>>>>>>>> If you're poor, you pay a low rate,
>>>>>>>>
>>>>>>>> Yes, the dregs mostly do pay just VAT and petrol and sin taxes.
>>>>>>>>
>>>>>>>>> if you're rich, you bend the rules and pay a low rate.
>>>>>>>>
>>>>>>>> Not even possible for most of the better paid wage slaves.
>>>>>>>> Those pay a lot more than 20% income tax.
>>>>>>>
>>>>>>> Nope,
>>>>>>
>>>>>> Yep.
>>>>>>
>>>>>>> once you get really rich you get accountants that fiddle things
>>>>>>> nicely.
>>>>>>
>>>>>> We werent discussing the really rich.
>>>>>
>>>>> We only pay more than 20% on anything we earn over £46,351. That's
>>>>> really rich buggers, I can't think of anyone earning that
>>>>> much. They can afford accountants to cheat.
>>>>
>>>> You're mixing in the wrong circles. One of my friends in the UK,
>>>> Folkestone to be precise, earns well over £100,000 per annum.
>>>> Others earn slightly lesser amounts. One of my friends here, until
>>>> he retired recently, was earning £150,000 for 6 months work. It
>>>> has to be said, both those aforementioned are highly qualified in
>>>> their respective fields.
>>>
>>> That's more than the prime minister gets paid.
>>
>> Wrong.
>
> Last time I checked (admittedly 10 years ago) it was £100K. I
> remember, because at that time the rector of a local uni was getting
> £130K which was absurd in comparison.
>>> Nobody should be earning that much.
>>
>> Plenty do anyway.
>
> Hardly anyone in fact.
>
>>> The average UK wage is a fraction of that
>>
>> Their problem.
>>
>>> and we should all be paid a similar amount.
>>
>> That stupid approach provides no incentive to get qualified for the
>> much better paid jobs.
>
> Some people like to work in comfy desk jobs where they don't have any
> physical effort. A bank manager expends less energy than a
> bricklayer, he should therefore get paid less.
Prick.
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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