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@1Leg2Cents

I've lost more faith in the government than legs. anti-communist

Florida, USA Katılım Şubat 2023
589 Takip Edilen450 Takipçiler
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Stumped@1Leg2Cents·
@KHerriage Who cares when its only the result of deficit spending, GDP worship completely misses the mark when you ignore how you can there. Working class share of the GDP is at ATL. The top 10% account for 50% of consumer spending, the middle class is being completely hollowed out.
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Stumped@1Leg2Cents·
@YellowFlashGuy He was better with pop-culture stuff, its easier to make fun of woke stuff and libtards. He thought he could get by with the same surface level understanding in the political realm and it just doesn't work, he just comes across as mostly clueless. The emperor has no clothes.
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Flash@YellowFlashGuy·
Then how come every time I see Jermey Prime stream he has like 3,000 people watching him, and going wild in his chat?
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Stumped@1Leg2Cents·
@OwenBenjamin Saying we live in a computer program is admitting there is a god, they are just saying god is a nerd.
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Owen Benjamin 🐻
Owen Benjamin 🐻@OwenBenjamin·
Now that evolution has been proven to be mathematically impossible (read Vox day’s probability zero) the atheists seem to be pivoting to the origin of life being aliens or that we live in a computer program. I highly recommend just acknowledging that we were created by God and just be really grateful for that. But I guess aliens and dmt code is better for people actively enthusiastic about sodomy and murder.
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🏴‍☠️@calvinfroedge·
And then every interstate town in America being a carbon copy of every other with basically only chain stores and no independent small businesses It's a rotted out zombie wasteland in the vast majority of places
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Stumped@1Leg2Cents·
@GavMcCracken @chigrl The United states has had property taxes since the colonies, but now we also have an income tax and a sales taxes which were introduced in the 20th century, I just want them to pick a lane. What can I say, I've lost a my leg, not my dreams
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Stumped@1Leg2Cents·
@GavMcCracken @chigrl States could increase property taxes not by assumed home value increases, but based on the inflation rate, like the Federal government COLA thst does yearly inflation adjustments for SS. Maybe get the states to sue the federal government for honest inflation reporting🤔
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Stumped@1Leg2Cents·
@PaolosAttorney I think the better question is if we lose tomorrow is Anthony Parker fired too. I sure hope so. I dont want him hiring the next coach
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Paolos Attorney
Paolos Attorney@PaolosAttorney·
If we lose tomorrow how long y’all think it takes until Mosley is fired? Within the week or what?
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Stumped@1Leg2Cents·
@GavMcCracken @TinFormer_News @chigrl However, that doesn't change the fact local governments are abusing property taxes to ballon local municipal budgets. Habd waving the issue seems a bit silly to me. Thankfully Florida has property tax reform on the ballot in our next election.
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Stumped@1Leg2Cents·
@GavMcCracken @TinFormer_News @chigrl Idk, my property taxes have doubled in the last 5 years. Feels like a valid grievance to me, that doesn't happen without a combination of corruption and incompetence. I agree that the Federal tax system is the real issue, its depressing how much we speed in taxes for NES.
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Stumped@1Leg2Cents·
@TinFormer_News @GavMcCracken @chigrl How about we take the taxes I pay to go to things we dont need out of the 35% of income i already pay(not including sales tax) to pay dor those things. I dont mind paying taxes. My issue is we waste so much money, we need supplemental taxes like property.
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Stumped@1Leg2Cents·
@EW28216 @GavMcCracken @chigrl Fair enough, but my point on unrealized gains still stands. I live in Florida, we have countries that have increased theres spending by over 100% in less than a decade. Meanwhile, my neighborhood just went from 2 trash pick up days a week to 1. We spend more for less
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Eric Wilson
Eric Wilson@EW28216·
This is a bit of a miss characterization though, because property taxes are typically set by dividing the local government budget over the total value of all properties within the municipality. If your house value went from 200k to 500k while you owned it, so did everyone else’s in the town, so your “share” of the municipal budget is the same. If the tax base grows by adding commercial/industrial property that doesn’t draw on services, but pays tax, your share goes down.
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Stumped@1Leg2Cents·
@GavMcCracken @chigrl Thats what I want the 35%* My dyslexia strikes again haha, anyways, love the substack!
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Stumped@1Leg2Cents·
@GavMcCracken @chigrl Thats what the 35% of my income to pay in taxes, instead they waste a shit ton of money on pointless things that add no economic value, usually through corrupt processes at the expense of things like infrastructure. Governments have a spending problem, not a taxation problem.
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Stumped@1Leg2Cents·
@GavMcCracken @chigrl The crux of the property taxes issue is ontological, what does ownership mean if you never stop paying rent to the government. Not to mention it becomes a tax on unrealized gains over time. You buy a house for 200K 20 years ago and pay taxes on a house worth 500K today, not ideal
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Gavin
Gavin@GavMcCracken·
@chigrl Out of all the taxes to be mad about, property taxes are typically the ones that make the least sense. The ROI is almost 100%. Compared to income tax where it's less than 10%.
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Handre
Handre@Handre·
The income tax started at 1 percent in 1913, sold to Americans as a modest levy on only the wealthiest citizens. The Sixteenth Amendment passed with assurances that rates would remain low and the burden light. Watch the cascade unfold. By 1917, the top rate hit 67 percent to fund World War I. Politicians promised reductions after the war ended. Instead, they discovered the intoxicating revenue stream of mass taxation. The "temporary" wartime rates became the new baseline. The 1920s brought modest cuts, then the Depression triggered another explosion. FDR pushed the top rate to 79 percent in 1936, then 94 percent during World War II. Each crisis provided the perfect excuse for expansion. Each expansion became permanent. The tax code grew from 14 pages in 1913 to over 70,000 pages today. The real genius lies in withholding, introduced in 1943 as another "temporary" wartime measure. No more writing painful lump-sum checks to the government. Instead, they take your money before you even see it. Compliance becomes automatic. Resistance becomes impossible. Most Americans celebrate their annual "refund" without recognizing they gave the government an interest-free loan all year. The psychological manipulation runs deeper still. Tax preparation transforms citizens into supplicants, begging for deductions and credits the government graciously allows. Complexity creates dependence on experts who profit from the maze. The IRS employs more agents than the FBI and CIA combined. Started with 1 percent on the rich. Ended with a surveillance apparatus that monitors every transaction, confiscates wealth before you earn it, and conditions entire populations to accept theft as civic duty.
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Brian Kuszmar
Brian Kuszmar@BrianKuszmar·
A big chunk of what's labeled "foreign buying from Lux/Cayman" is actually global money (including U.S.-based institutions) routing through these convenient offshore spots. It's not new "foreign sovereign" demand like Japan or China buying with their trade surpluses.
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