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Completely Unwoven: Business, Economics, and Tax Policy 4.0

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  • #601
    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

    Good news everyone. Unfettered Captialism and Trickle Down Economics are going to get another go in the United States. It can't fail this time.
    **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

    Originally Posted by dropthatpuck-Scooby's a lost cause.
    Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

    Comment

    • #602
      Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

      Originally posted by ScoobyDoo View Post
      Good news everyone. Unfettered Captialism and Trickle Down Economics are going to get another go in the United States. It can't fail this time.
      Take out the corporatist loopholes and it might actually have a shot.

      Comment

      • #603
        Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

        Originally posted by FlagDUDE08 View Post
        Take out the corporatist loopholes and it might actually have a shot.
        Let people make what they earn with their two hands. End long term capital gains.

        But frankly, I fear that in the end this will be low on our list of realized concerns.
        Go Gophers!

        Comment

        • #604
          Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

          Hypothesis: Youth sports administrators are in it for the kids.
          Fact: No way, no how
          CCT '77 & '78
          4 kids
          5 grandsons (BCA 7/09, CJA 5/14, JDL 8/14, JFL 6/16, PJL 7/18)
          1 granddaughter (EML 4/18)

          ”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
          - Benjamin Franklin

          Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).

          I want to live forever. So far, so good.

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          • #605
            Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

            Federal judge in Texas says "Ni!", grants preliminary injunction to the law that would have doubled the salary threshold for exempt status starting December 1st.

            This should buy the business lobby just enough time for Republicans to take over and roll it all back. Crafty.

            Comment

            • #606
              Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

              Originally posted by FadeToBlack&Gold View Post
              Federal judge in Texas says "Ni!", grants preliminary injunction to the law that would have doubled the salary threshold for exempt status starting December 1st.

              This should buy the business lobby just enough time for Republicans to take over and roll it all back. Crafty.
              It was a terrible idea from the outset. Just a creation of more bureaucratic administrative inefficiencies that would destroy small businesses.

              Comment

              • #607
                Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                Originally posted by FlagDUDE08 View Post
                It was a terrible idea from the outset. Just a creation of more bureaucratic administrative inefficiencies that would destroy small businesses.
                How was this a creation of new administrative inefficiencies? The existing rule set a floor of $23,600, Obama's EO raised that value to $47,476. Businesses have been working around this rule for a long, long time now, only with a different value set.
                "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

                "One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir

                "Good news! We have a delivery." Professor Farnsworth

                Comment

                • #608
                  Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                  Originally posted by St. Clown View Post
                  How was this a creation of new administrative inefficiencies? The existing rule set a floor of $23,600, Obama's EO raised that value to $47,476. Businesses have been working around this rule for a long, long time now, only with a different value set.
                  Someone's evidently never heard of "salaried exempt employees"...

                  Comment

                  • #609
                    Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                    Originally posted by FlagDUDE08 View Post
                    Someone's evidently never heard of "salaried exempt employees"...
                    Clearly I have as I referenced that the threshold is the only thing that's changed with regards to that law after Obama's EO, not anything else within that rule.

                    Clearly someone else has not heard of reading comprehension skills.
                    "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

                    "One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir

                    "Good news! We have a delivery." Professor Farnsworth

                    Comment

                    • #610
                      Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                      Originally posted by St. Clown View Post
                      Clearly I have as I referenced that the threshold is the only thing that's changed with regards to that law after Obama's EO, not anything else within that rule.

                      Clearly someone else has not heard of reading comprehension skills.
                      Clearly you believe that every single small business deals with employees both above and below the threshold.

                      Comment

                      • #611
                        Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                        Originally posted by FlagDUDE08 View Post
                        Clearly you believe that every single small business deals with employees both above and below the threshold.
                        Clearly you're set on abusing the use of the word clearly and adding suppositions onto other people's opinions.

                        People have salaried positions for jobs that were never intended to be salaried, and then set to work hours that would have qualified as overtime without any other compensation. If these small businesses are making use of the loophole because the annual compensation value was set without any regards to inflationary pressure, then they've essentially decided to abuse their employees' work conditions. Is there any manager in this nation who's working for a salary less than $24K per year? Outside of Mississippi and Alabama, how many full-time managers are working for less than $47K per year?

                        I've no interest in destroying small business, but I've also no interest in exploiting loopholes set by short-sighted legislators when creating compensation law.
                        "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

                        "One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir

                        "Good news! We have a delivery." Professor Farnsworth

                        Comment

                        • #612
                          Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                          Originally posted by St. Clown View Post
                          Clearly you're set on abusing the use of the word clearly and adding suppositions onto other people's opinions.
                          You're arguing with a guy who reads InfoWars for his news.
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                          • #613
                            Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                            Originally posted by St. Clown View Post
                            Clearly you're set on abusing the use of the word clearly and adding suppositions onto other people's opinions.

                            People have salaried positions for jobs that were never intended to be salaried, and then set to work hours that would have qualified as overtime without any other compensation. If these small businesses are making use of the loophole because the annual compensation value was set without any regards to inflationary pressure, then they've essentially decided to abuse their employees' work conditions. Is there any manager in this nation who's working for a salary less than $24K per year? Outside of Mississippi and Alabama, how many full-time managers are working for less than $47K per year?

                            I've no interest in destroying small business, but I've also no interest in exploiting loopholes set by short-sighted legislators when creating compensation law.
                            Have you ever even owned a small business before? If so, then you know how much effort needs to be placed into keeping these things running. When it comes to the employees, it's a question that you ask during the interview process; this little thing called due diligence.

                            As for full-time managers under 47k, quite a gosh darn few, especially in the area I grew up. You'd be surprised to find that the cost of living is not as high as you'd think in many places around the country.

                            Comment

                            • #614
                              Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                              Originally posted by Kepler View Post
                              You're arguing with a guy who reads InfoWars for his news.
                              At least they actually try to get it right, instead of blatantly putting out fake news and then trying to point the finger when they're discredited.

                              Comment

                              • #615
                                Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

                                Originally posted by FlagDUDE08 View Post
                                Have you ever even owned a small business before?
                                Have you? Or is this from the Department of "I'm Hearing"? Also known as FMA.

                                A few weeks back, I mentioned a former employer who screwed $30-40k/yr employees out of a lot of OT with this loophole, until they got nervous and decided to start paying them OT, but only the service desk agents and datacenter guys. Thanks to this ruling, I guess they can just keep screwing the on-call junior engineers & developers they promoted from the desk.

                                Comment

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