XPost: alt.home.repair, uk.d-i-y, alt.sci.physics   
   From: CFKinsey@military.org.jp   
      
   On Sun, 16 Jun 2019 19:52:31 +0100, Mr Pounder Esquire wrote:   
      
   > 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.   
      
   Remind me of your desk job....   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   
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