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Business, Economics, and Taxes: Capitalism. Yay? >=(

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  • Originally posted by cF[Authentic] View Post

    Seems more accurate now...
    Beautiful work.
    **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.

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    • Looooooooooooooooooooooooooooooooong piece on debt.
      Cornell University
      National Champion 1967, 1970
      ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
      Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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      • I wrote this and I'm looking for feedback:

        "Dr. Seuss estate doesn't care about your feelings.
        Disney doesn't care about your feelings.

        Hasbro doesn't care about your feelings.

        Rockstar Games doesn't care about your feelings.

        Warner Bros doesn't care about your feelings.

        Record labels don't care about your feelings.

        None of the companies I mentioned have ever been socially conscious. None of the companies supposedly perpetuating "cancel culture" can truly be considered "woke."

        What they all care about is money and their perceived image. And the more money we give them, the better they feel. If they look generally better in the public eye, then awesome for them.

        For Warner, if it means slapping a "that was then, this is now and we learned better" warning on old Looney Tunes, so be it.

        For Rockstar Games, if it means adding more violence to GTA, so be it.

        For Disney, if it means killing off Cara Dune, so be it.

        For record labels, if it means leaving "if you got beef then bring the ruckus, Wu-Tang Clan ain't nothing to F with" in a song, so be it.

        The list goes on."
        Facebook: bcowles920 Instagram: missthundercat01
        "One word frees us from the weight and pain of this life. That word is love."- Socrates
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        Adventures With Amber Marie

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        • There are very few companies who care about much other than maximizing profits. Often times that means setting up charitable arms of their companies, either running a fund or donating to specific non-profit orgs to give themselves a better public appearance. When it comes to their content, that will entirely depend upon to which market they play. Anybody who thinks otherwise is delusional.
          "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

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          • Originally posted by St. Clown View Post
            There are very few companies who care about much other than maximizing profits. Often times that means setting up charitable arms of their companies, either running a fund or donating to specific non-profit orgs to give themselves a better public appearance. When it comes to their content, that will entirely depend upon to which market they play. Anybody who thinks otherwise is delusional.
            If you're an officer of a publicly traded company you can be prosecuted for pursuing any other goal than maximizing profits.
            Cornell University
            National Champion 1967, 1970
            ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
            Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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            • Originally posted by Kepler View Post

              If you're an officer of a publicly traded company you can be prosecuted for pursuing any other goal than maximizing profits.
              Which is utter horseshiat that's only been applied since the 1980's. Previously, companies recognized 4 constituencies they had to serve; their owners, their employees, their customers, and their community. It was only once the MBAs settled on a theory that owners' interests come before all that we wound up in the current situation.

              Frankly, legally, they probably could serve the others' and justify doing so. The problem is the shareholders have the money to take them to court to fight business decisions to the contrary, so officers will still bow down to them out of self-preservation. The risk-reward simply isn't worth it to try anything else.

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              • It would seem that I will have to file an amended tax return due to the unemployment waiver. Not a super big deal and worth it since it should wipe out what I owe the state and add money to my return. (which they already paid since I filed so quickly)
                "It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
                -aparch

                "Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
                -INCH

                Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
                -ScoobyDoo 12/17/2007

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                • Originally posted by Handyman View Post
                  It would seem that I will have to file an amended tax return due to the unemployment waiver. Not a super big deal and worth it since it should wipe out what I owe the state and add money to my return. (which they already paid since I filed so quickly)
                  Oh, is the first $10,200 for unemployment non-taxable for this year’s taxes? I haven’t filed yet to wait and see how this bill shook it all out.

                  Comment


                  • Originally posted by Kepler View Post

                    If you're an officer of a publicly traded company you can be prosecuted for pursuing any other goal than maximizing profits.
                    this is why, for example, I'd rather buy clothes from Patagonia than most other large clothing companies. They're incorporated as a Benefit Corporation and have a "legally binding fiduciary responsibility to take into account the interests of workers, the community and the environment as well as its shareholders" (in the case of Patagonia, I believe the shareholders are a family trust. They're not public.). I think around 20 states allow an arrangement like this, which has more legal safeguards than a voluntary "B-Corp" certification (which Patagonia also has).

                    This is a better form of capitalism, but it requires smaller privately held companies for us to support rather than the large public companies.

                    Comment


                    • Originally posted by unofan View Post
                      Which is utter horseshiat that's only been applied since the 1980's. Previously, companies recognized 4 constituencies they had to serve; their owners, their employees, their customers, and their community. It was only once the MBAs settled on a theory that owners' interests come before all that we wound up in the current situation.
                      I did not realize this. Is there a specific case where the rot set in?
                      Cornell University
                      National Champion 1967, 1970
                      ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                      Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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                      • Originally posted by Kepler View Post

                        I did not realize this. Is there a specific case where the rot set in?
                        I don't know when the Court cases swung that way, but here's where it started in earnest as a maxim:

                        https://en.m.wikipedia.org/wiki/Friedman_doctrine

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                        • Originally posted by psych View Post

                          Oh, is the first $10,200 for unemployment non-taxable for this year’s taxes? I haven’t filed yet to wait and see how this bill shook it all out.
                          Yes the unemployment had to be from 2020 and is non-taxable on this years taxes.
                          "It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
                          -aparch

                          "Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
                          -INCH

                          Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
                          -ScoobyDoo 12/17/2007

                          Comment


                          • Originally posted by Handyman View Post
                            It would seem that I will have to file an amended tax return due to the unemployment waiver. Not a super big deal and worth it since it should wipe out what I owe the state and add money to my return. (which they already paid since I filed so quickly)
                            I somehow came out only owing a few hundred on taxes...no idea how but I’ll take it. Feds owe me and I owe Minnesota which isn’t unusual

                            Comment


                            • Originally posted by unofan View Post

                              I don't know when the Court cases swung that way, but here's where it started in earnest as a maxim:

                              https://en.m.wikipedia.org/wiki/Friedman_doctrine
                              I always thought it was forever thus. Law is an artifact created by the rich to fuck the rest of us; commercial law 100 times so. A maxim that has been going strong since Hammurabi.
                              Cornell University
                              National Champion 1967, 1970
                              ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                              Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

                              Comment


                              • This is gonna make a great movie.
                                Cornell University
                                National Champion 1967, 1970
                                ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                                Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

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