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

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  • #4471
    Private jet buyers can now write off full amnt of new plane's cost on their tax return, which applies to both new & pre-owned aircraft. Due to a policy change w/i Trump 2017 Tax Cuts that updated the US tax code to allow 100% bonus depreciation.
    https://twitter.com/Michelle_IC/stat...41464398086149

    See. Socialism for the rich. Always and forever.
    **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

    • #4472
      Awesome. Maybe we need our legislatures to allow us peasants to write off the cost of a new car...
      “Demolish the bridges behind you… then there is no choice but to build again.”

      Live Radio from 100.3

      Comment

      • #4473
        It's very expensive to live in Boston? Wow, I never knew that! Real groundbreaking and insightful article there, Drew.
        • 1 like

        Comment

        • #4474
          Originally posted by aparch View Post
          Awesome. Maybe we need our legislatures to allow us peasants to write off the cost of a new car...
          Can't give the Poors help. It destroys the work ethic.
          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

          • #4475
            Originally posted by Drew S. View Post
            Sounds like Fed government is going to suspend gas tax. Idiotic idea that will benefit gas companies and not consumers.
            $0.18 / gallon x 20 gallon max fill = $3.60 saved.
            Whopper.

            Maryland
            $0.36 / gallon* x 20 gallons = $7.20 saved.
            ​​​​​​Now we're talking!

            * indexed to inflation. We'll see a whopper of an increase on 7/1/23 unless the presumed D governor and his rubber stamp legislature intervene.

            Here's a handy dandy calculator:
            https://www.nbcwashington.com/news/l...nd-out/3083901
            Last edited by joecct; 06-23-2022, 12:34 PM.
            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.

            Comment

            • #4476
              Originally posted by joecct View Post

              $0.18 / gallon x 20 gallon max fill = $3.60 saved.
              Whopper.

              Maryland
              $0.36 / gallon* x 20 gallons = $7.20 saved.
              ​​​​​​Now we're talking!

              * indexed to inflation. We'll see a whopper of an increase on 7/1/23 unless the presumed D governor and his rubber stamp legislature intervene.

              Here's a handy dandy calculator:
              https://www.nbcwashington.com/news/l...nd-out/3083901
              x 15 fillups (estimate) over the next 90 days? = $54. On $1200 spent ($4 avg x 15 fillups x 20 gal).

              (Or $150 if Maryland also does a fuel holiday in conjunction with the Federal relief.)

              Congratulations on the savings?





              Meanwhile... $10 Billion (now at the latest estimate) would be lost in this, and Biden is proposing that gets made up in a separate bill. Likely to be torpedoed by Republicans because "where are we going to fund it?" (Despite the government deficit being 1.6 Trillion less than it was this time last year...).
              “Demolish the bridges behind you… then there is no choice but to build again.”

              Live Radio from 100.3

              Comment

              • #4477
                Cut the Pentagon budget...even they agree.
                "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

                • #4478
                  Late stage capitalism:

                  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

                  • #4479
                    Whoops, apocalypse.
                    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

                    • #4480
                      Oopsie

                      https://www.cnn.com/2022/06/28/busin...ine/index.html
                      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.

                      Comment

                      • #4481
                        Originally posted by joecct View Post
                        Oopsie

                        https://www.cnn.com/2022/06/28/busin...ine/index.html
                        "...cheated on the ethics portion..."

                        I think we found your problem right here....
                        If you don't change the world today, how can it be any better tomorrow?
                        • 1 like

                        Comment

                        • #4482
                          Originally posted by LynahFan View Post

                          "...cheated on the ethics portion..."

                          I think we found your problem right here....
                          Part of the Harvard hockey scandal was kids cheating on an ethics course. To be fair, how could those athletes have known the kids they paid to write their papers and take their exams would cheat? They're the real victims, here.
                          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

                          • #4483
                            It's getting serious (seriously) in Canada.

                            https://www.theglobeandmail.com/cana...exual-assault/

                            Too bad USA Hockey never faced this sort of economic pressure.
                            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.

                            Comment

                            • #4484
                              First it was baby formula. Then it was gas. Now it's airline flights.

                              Every business was handed massive amounts of money to ride out the pandemic and come back strong on the backside. Instead, these industries all pocketed their profits and said, not our fault we're coming up short now even though were essential products/services.
                              **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

                              • #4485
                                Time to start attaching strings to money.

                                no buybacks during the loan and for five years after repayment.
                                No dividends for the same time
                                executive compensation is frozen for the same time
                                no bonuses for the loan duration, to anyone
                                we move to front of the line ahead of all debt holders, stockholders, and share classes
                                Code:
                                As of 9/21/10:         As of 9/13/10:
College Hockey 6       College Football 0
BTHC 4                 WCHA FC:  1
                                Originally posted by SanTropez
                                May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                                Originally posted by bigblue_dl
                                I don't even know how to classify magic vagina smoke babies..
                                Originally posted by Kepler
                                When the giraffes start building radio telescopes they can join too.
                                He's probably going to be a superstar but that man has more baggage than North West

                                Comment

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