It seems to be way more profitable to create a pyramid scheme scam business than to create a real business that actually adds value to society and the economy. A lot of the businesses at the cutting edge out there (especially on wall street) are just scams. Do we remember Thernos (https://en.wikipedia.org/wiki/Theranos) or the Juicero (https://en.wikipedia.org/wiki/Juicero)? They raised billions. For anyone who doesn't know what Juicero is, you're in for a treat: https://www.youtube.com/watch?v=PCRx78Zhj7s
Income from investments or property value increases is taxed at half the rate as it's considered property gains tax. Right now, you actually get taxed less for doing nothing than for labor.
This was all designed to oppress the poor and benefit the rich. Most rich people don't actually do anything for their living. They just let their assets earn money for them. When those assets appreciate in value then they get taxed half. It is true that when the assets generate income independent of their value, they are supposed to be taxed at the full rate, but the rich get around that in different ways. Ways that the poor and even middle class cannot afford.
On the other hand, the way the poor and middle class earn their living is always taxed at full value. The US does have what they call a progressive income tax system where up to a certain amount of income, the rates are lower for that income amount and gradually increase in tiers. However, that doesn't really benefit anyone unless they are the poorest of the poor. The main problems (or features for them) of the progressive tax system are:
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The tiered system discourages single income two parent households. If there are two households with the same income but in one where one parent works versus in the other where two parents work: The two parent working household will be charged less taxes because each parent will be able to claim the lower tax tiers versus where the one parent would only be able to take advantage of them once and have to pay more of the income at the higher tiers. Some states do potentially have what are called income splitting laws designed to mitigate this, but those tend to be limited and by default, this system disadvantages two parent single income households.
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As inflation rises, governments are often slow to adjust the tiers. And the tiers are usually fixed (not tied to inflation). So the tiers become less and less meaningful over time. In some areas, by the time you are making $100,000, most of your income is being taxed at or close to the top rate. However, as anyone knows, $100,000 isn't a whole lot if you're trying to raise a family even if you got to keep all of it, which the government would never allow.
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If you live in an expensive area (such as a big city), you need a large income just to survive there (for example: just to be able to afford rent). However, even though you're not wealthy in that area and most of your income is used for necessities such as rent, it is already being taxed at close to the top rate. That doesn't include the fact that some of these big cities have their own additional income tax further impoverishing their residence. The rich have easy ways of avoiding this such as being able to afford to arrange for official residency outside these cities and states even while technically living there.
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It makes taxes more complicated. Both in terms of preparing them and planning your income in order to minimize them.
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It allows the rich politicians to claim that that while a 40% to 50% (when you combine city, state, and federal) might seem high, it's only the rich who are paying that due to the progressive tiered tax system. They claim that most people will pay a lot less. However, the reality is, even lower middle class people need to pay close to the top rate just to maintain their standard of living. The truly rich, if they haven't setup some legal entity to make sure they pay even less, pay half the top rate (20 to 25%) if they get their income is from capital gains (and that's how most of them structure their income to minimise the tax they have to pay). That's less than most of the lower tiers that the poor have to pay. And the rich also get the advantage of the lower tiers, except that it's so little money to them, they likely don't care about them, but they still get them.
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It manipulates the labor market by discouraging people from working additional hours from which they may need income, but have determined it not to be worth it. This is because let's say for the first 40 hours of the week you are being taxed at tier 1 to 3 and the 4th tier is a big jump in income tax. At that point, you might just say to yourself that it's not worth working those hours as you get to keep so little of the money at that point. Even if you might need the money and even if there is work that needs to be done. What makes this worse is that people get tired as the week drags on and additional hours become more personally taxing and tiring. So why would you work your most personally taxing and tiring hours of the week just to give most of that income straight to the government, even if you really need the money and your employer really needs the work done.
I'm shocked. Shocked! Well, not that shocked.
https://www.reactiongifs.us/wp-content/uploads/2013/03/im_shocked.gif
Joke is on him. In Canada, our ever so wise and black in the face fuhrer has signed a contract with Pfizer for 4 more booster doses for everyone already vaccinated (which they estimate at 90%) in the Soviet Republic of Canadastan. And they made sure to pay a generous sum per dose so poor Pfizer can put bread on the table. This is on top of the expired stockpile of vaccines Canada already has that no one wants, that have a shelf life, and are for a virus that hasn't been in the population for over 2 years. Some one has to be getting huge kick-backs for this kind of insanity.
With the mentally ill running these companies, should we be surprised when they collapse. The question we should be asking is why didn't this company collapse sooner.
Maybe this guy was a slacker at his job and knew the end was near. So he acquired a new persona and now they can't fire him no matter how lazy and incompetent he is. 4D chess move if you ask me. Mental illness or faking a mental illness is now the top job qualification at these companies.
It has gotten worse though, especially in Canada. If you look back on how governments/prime ministers had fallen in Canadian history, it was usually one scandal where the public finally turned against them. The scandal had to be reported by the media in some way. Our current black face overload in Canada has had at least 5 scandals I can think of of the top of my head that were enough to remove previous prime ministers. Jean Chretien (same party as black face Hitler currently in charge) resigned over millions of dollars being funneled to media organizations linked to their government for advertising services. The current fuhrer does exactly that on a daily basis. It has become normal for his party to funnel money to their own companies or NGOs regularly, on projects that make no sense and the results of which are never accounted for or audited (they're just slush funds). Furthermore, during COVID, he has almost a trillion dollars unaccounted for in spending. No one can tell the Canadian people where that money went. Media covers none of this. Also, a lot of people are on the take in these schemes, so they are essentially a guaranteed vote for him because once he's gone, the corruption would be gone as will their corruption driven income.
This has to be parody. She has to be making fun of the Oregon Health Authority with this stunt. And the fact that they are going along with it should make it funnier.
If this isn't parody, than we can't have parody anymore. I can no longer imagine any stunt anyone could pull that people would any longer be able to say: Oh, ok. This is definitely parody. They are not being serious. No question about it.
It's less brave to do it now than it was a year ago. The media blackout is failing on the vaccines and a lot more people will have her back now than would have back then.
Nothing to get upset about. They only hurting themselves at this point. As long as their numbers are low, they are in their own in their crazy world and are unable to affect anyone else, other than giving normal people a good laugh at them.
Even during the mask mandates, it was the politicians who knew the masks didn't work (a lot of whom were caught on camera not wearing them in pubic) who pushed the mandates. The crazies, like this woman, were always only their puppets, never leading the charge.
On the plus side, if someone is wearing a mask, they are doing you the favor of communicating to you that you should not talk to them or interact with them in any way as they are really really crazy. That, or they have really bad teeth and an ugly nose and you should not be asking them out.
The real survival rate is far more than 94.9%. Those are just their inflated bogus numbers. My guess is that for a period of time, anyone that died in hospital was factored into the death rate and that's where they got 94.9%.
I think they consider it a loophole to get a post-birth abortion with no criminal consequences. If they used neglect to murder the baby, there would be criminal charges.
Man, that global warming is really kicking our butts. Almost as bad as WWII. Greta T. must be besides herself.
He knew he wasn't going to lose the 100k. He was just trying to show us how crazy these true COVID believer are.
Not entire flight.
And taking off mask while eating is safe due to COVID magic. But when you're not eating, the COVID magic is no longer protecting you. These people are definitely about "the science".
You use the correct legal terminology. For some reason, these words slipped my mind.
If the spell is breaking in NZ, maybe it can break in the Soviet Republic of Turdeauastan (aka Canada).
I thought you could do that already? The material is illegal after all. Does this bill somehow make it easier?
I remember when on the old twitter (hopefully better now), parents pretty much had to sue to get such pictures of their kids off that platform (there were articles about one such specific case). Several requests to twitter to remove the illegal content were ignored.
Article: https://nypost.com/2021/01/21/twitter-sued-for-allegedly-refusing-to-remove-child-porn/
What makes the previous twitter situation so disturbing is we now know the government had their own operatives inside twitter telling them what to do. They were telling them to keep CP on the site and running cover for them. If that doesn't tell you how degenerate the US government is, nothing will.
True, a lot of the stuff out there is from trafficked kids. The traffickers will not be suing because they created the stuff and put it out there themselves. Who knows where the parents of those kids would be?
Not sure of the details in the Texas case, but from a legal standpoint, you could have argued the guy lost control. Who wouldn't if they stumbled on something like that? If you lose control, you're not in the frame of mind where you fully know what you're doing so can't be found guilty in the legal system. The authorities probably would have argued that that's what happened from a legal standpoint, and therefore there was no crime.
baffled
Feminism has come full circle. They will now help to push women out of sports ... into the kitchen where they belong I guess.
It makes sense. COVID was a magical virus that prevented robberies while there was still a scamdemic. As a result, it was safe at that time to force people to wear masks if they wanted to enter your store. However, because people have lost faith in COVID, Fauxi, and the vaxx, the spirit of the plandemic can no longer protect us. So we have to do the exact opposite of what we did during that time. Or something likes that.
Suffocate the cows, sell more crickets. Makes sense.
Will they be funding breathing hole masks for the crickets?
Canada enters the chat: Our leader, the left wokeable Justine Turdeau addressed this. They/them are for both blackface and drag. And enough of Canadians apparently approve of this because they/them got re-elected with Canadians knowing this.
He may have learned his lesson from FTX.