Indeed. It becomes a bad problem when it is the only stable jobs well.
Indeed. It becomes a bad problem when it is the only stable jobs well.
Just the same, workfare that actually builds useful stuff and (re)trains workers to do currently employable work is not really a loss. But it needs to be called what it is, and handled as such.
It's bizarre that this is happening. But you may recall that I've been ranting for years about Europe's demographic time bomb. I didn't realise that there was a shorter-fuse fiscal bomb too.
John
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Unless you bought, refinanced (to grab the cash), or otherwise bought into the bubble pricing; it should not be a problem. Prices are largely about what they were pre-bubble (ca 2002). My boss is buying CA properties to rent for the cost of the loan payment.
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Many taxes do not make any sense.
Helping make the point about making sense.
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Ignoring the possibility of sarcasm: I bother a lot to, avoid sales taxes, so does _everyone_ i know.
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Go for it. CA really needs to learn to live within its means.
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:-)
Please notice, Slowman produces _NO_ economic activity and cannot be expected to know anything about it.
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I really don't get your issue. A consumption tax becomes a relatively time invariant part of the price. Buy it now or buy it later for durable goods, eat it now or go hungry for foodstuff, housing too (rent/buy); where's the beef?
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Gosh, are your savings all that significant? Don't you pay (an ever increasing in CA) sales tax already? Please to explain the difference.
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Aside from raw food, why have any exclusions? Cars, airplanes and yachts all get taxed; just like they do now.
Many do have significant savings over their lifetimes. Having enough to live on the rest of their lives, isn't uncommon.
Compound interest tends to cancel inflation.
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So, i am not the only one to notice the recent attacks on them for tax money. I know people who have actually had attempts to tax their Roth IRA savings.
The difference is this: Yes, I do save for retirement. And yes, one has to make sacrifices to do that. Such as not buying a new car every five years. As said several times this money _has_ already been taxed. So if the income of the paycheck-to-paycheck guy gets taxed only at consumption he has only paid tax once. I have then paid twice. That is simply unfair.
Are you really thinking CA will give up their "normal" sales tax? You must be dreaming ...
It'll also lead to tricks that people play. Lots of Europeans who must pay a painfully high VAT come to the US and buy tons of stuff. Electronics, clothes, you name it. If they manage to sneak it past customs when going back home the vacation they enjoyed was often largely "free".
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Not to bust your bubble, but i am already paying both taxes.
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The truest indication that the "system" has gone malignant (malevolent).
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When income tax gets turned into a point-of-sale tax you'll have paid even more (if you have saved after-tax money).
Sometimes "fair" is the enemy of "works." If everyone were equally dirt-poor, it would be fair.
John
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)I'm not selling anything at the moment, but I am buying stuff and paying the usual attention to what's going on in the market.
JoshepKK is doing the usual right-wing nitwit trick of drawing a false conclusion from an irrelevant observation. Not for the first time. When are you guys going to master joined-up logic?
-- Bill Sloman, Nijmegen
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Actually, it could indicate two other conditions, both rather more likely.
John could simply be being ripped off by his book-keepers, CPAs and attorney's, or the tax system in California could be so riddled with exemptions and get-outs that his army of droids could be avoiding pretty much all the taxation that he ought to be paying to keep his society running.
Granting the enthusiasm with which American legislators squeeze tax exemptions into irrelevant legislation, the second option sounds plausible.
Our Dutch CPA always prided himself in finding enough deductions to more than cover his fee. Our Australian equivalent was more expensive, but he was recommended to us by my younger brother, who has a substantially higher income and probably lumbered us with more expensive expertise than we needed.
JosephKK doesn't seem to be up to doing joined-up logic.
-- Bill Sloman, Nijmegen
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In late 1930s Germany it was hours to minutes. Israel had a similar problem twice since. (well over 1000% per year inflation).
While i will not argue that the assembly line was(or not) an important innovation, it did tend to make humans into robots, and people are notoriously mediocre robot machines. Way too much people as robot/machine(/assembly line) thinking still permeates management thinking today.
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