MainEvent

@skibidiwap69 @SmitheeAll88909 @HazelAppleyard 55 a day? Seems low. After a couple months of building strength you would be doing 500-1000 per day.

@SmitheeAll88909 @HazelAppleyard I guess you're one of those people who doesn't know anything then at 10% interest a year for both, which is a lot, the person doing 55 pushups a day would catch up within 6 years

$10 per push-up or $1 million?

@BaneThe76451 That type of one-sided prenup is probably not enforceable.

It's extremely important every man watches this and boycotts the marriage institution. Because what she says is right. Feelings change, love changes. And whet seemed to be genuine at first, ends up looking like this. Greed over material stuff.

@DudespostingWs Most people don’t go that route, lol

This guy shows everything he got from one cow. If he bought all of this individually at the grocery store, it probably would’ve cost around $5,000 to $7,000. Instead, buying the whole cow direct likely cost closer to $3,000 to $4,500.

@greendragonhq @bourscheid I made $750,000 and paid 50% between Federal/State and FICA. Am I underpaying?

@bourscheid Consider it interest for the subsidies and decades of under paying.

Reasonable income tax brackets: $0-$50,000 : 0% $50,001-$100,000 : 5% $100,001-$200,000 : 10% $200,001-$500,000 : 20% $500,001-$1,000,000 : 30% $1,000,001-$5,000,000 : 50% $5,000,001-$10,000,000: 75% $10,000,000+ : 93%

@HooptieD @greendragonhq Most options are taxed as ordinary income if received as compensation. If someone decides to exercise and hold and the stock appreciates they get capital gains treatment but so does everyone if they hold for more than one year

The Green Dragon is an economic illiterate who knows about as much about federal taxation as a 6th grader. His moronic tax rates apply just to federal “income taxes.” Many people making over $500,000 get paid in stock options. They pay 20-23.3% in capital gains taxes, not income taxes. A taxpayer on this chart making 205k would pay: - 20% in federal income taxes. - Between 7.2% to 15.2% in employment taxes. - 20% in capital gains taxes - An average of 5.2% in state income taxes. - Another probable 8-12% in local property taxes. - An average of 6% in sales taxes. A taxpayer making 205k would pay, on average, 58.2% of their income to various units of government, leaving them with just $87,740 in earnings. But, hey, it’s the Democrat Party's idea of “affordability." @DNC @HouseDemocrats @Gap422 @MilwSpinny

@BOSSportsGordo Safer to exit.

Serious question for people who back into parking spaces - what’s the point?

@TheBearsBurner I also wish this was the Natty but I think the seeds were correct.

I never understood why Arizona and Michigan were not the #1 and #2 overall seeds. Now instead of having them meet in the natty they meet in the final 4. Duke should have never been over either of them.

@Statholesports That’s gotta be some kind of record!

Yeah, I don't think the math works out on this.

@0xChiraag It’s an accounting exercise. You now have debt of $98K, a fixed asset (computer) of $97K and cash of $1K.

I borrowed 50k from Dad and 50k from Mum to buy a laptop that costs 97k. After the purchase, I had 3k left. I returned 1k to Dad and 1k to Mum, and I reserved 1k for myself. I now owe Dad 49k and Mum 49k also. 49k + 49k = 98k plus 1k I reserved for myself, which is 99k. So where did 1k go..?

@Tre_Xavier3 @SargeWhoDey Was he in 7th grade at the time?

@SargeWhoDey I still got a hit off him in JV baseball sophomore year. Sent it right back where it came from textbook hitting

The kid from Bishop Feehan HS in Massachusetts casually averaging 40 points and 20 rebounds during the D1 State tournament to lead his 14 seeded team to a championship is absolutely wild.

@LKPR99 @GuyTalksFinance This worked in 2020-2022. People leaving their jobs the second they don’t get exactly what they want s not going to have good outcomes for most in this market.

@GuyTalksFinance Sounds like it is time for a new job. Better to move on, than to feel stuck & unmotivated.

Over the last week or two I’ve felt really checked out mentally from work. For the first time in my career I was denied a substantial pay raise. Just makes me feel like there’s no point for me to go above and beyond on a daily basis anymore. Feels like all my time and energy is wasted if I’m not being compensated fairly for it. I don’t want to be that guy that turns into a quiet quitter — I’m just not sure what else to do.

@GuyTalksFinance What is your justification to get “substantial” pay raises each year? That sounds like 10-15%+ territory. Would love to hear an example of going above and beyond.

@MicahNieman @rledbetterCPA The IRS didn’t know about your deductions.

@rledbetterCPA "Why does anyone file a return?" They know how much we're supposed to owe. They don't know how much we can reduce how much we owe via deductions, credits and other benefits. Filling taxes is more "give me my money back" than "here's what I owe."

The IRS is going to start screening my calls Me: "Hi, I'm calling because I got this penalty notice and---" Agent: "Tax ID please" Me: "---I don't think I owe this. The notice shows a 1099 I didn't receive" Agent: "So you didn't report a 1099?" Me: "Right, because I never got it." Agent: "Well I see it here on your account." Me: "You see the 1099?" Agent: "Yes." Me: "So you have the 1099, and I don't have the 1099." Agent: "Correct." Me: "And I'm being penalized." Agent: "You should have received it." Me: "But I didn't. And you did." Agent: "The employer was supposed to send it." Me: "But they only sent it to you." Agent: "We were both supposed to receive copies." Me: "So they failed to send it to me, they succeeded in sending it to you, and I'm the one getting penalized." Agent: "You need to report your income, sir." Me: "How? I don't know what it is." Agent: "It's on the 1099." Me: "Which I didn't have." Agent: "You still need to report it." Me: “How? You're the one with the information." Agent: "That's between you and your employer" Me: "I'm just trying to understand. You have the document. You know the amount. You caught the discrepancy. Without me doing anything. And now I owe money?" Agent: "You owe a penalty." Me: "For what?" Agent: "Not reporting the income." Me: "That I didn't know about." Agent: "Yes." Me: "That the IRS knew about." Agent: "Correct." Me: "But I should have known about." Agent: "Right." Me: "And that's my problem? How do I know there's not more missing stuff?" Agent: "Well you could request your Wage and Income Transcript. It shows all your income sources we have record of." Me: "Wait. You have a... transcript?" Agent: "Everyone has a transcript, sir. It shows all reported income and some deductions." Me: "You can see all my income." Agent: "Yes." Me: "From the 1099s and W2s?!” Agent: "Right." Me: "So you have a complete record of my income." Agent: "Yes." Me: "And you knew about this 1099 because it's on that transcript." Agent: "Yes." Me: "So why does anyone file a return? Couldn't you just... look at the transcript and know what someone owes?" Agent: "I don't---." Me: "But instead you make everyone fill out forms?" Agent: "That's how tax works, sir " Me: "Can I see the transcript?" Agent: "Of course. You just needed to request it" Me: "Why wouldn't you just automatically send it to me every year?" Agent: "We don't do that sir." Me: "So the IRS requires me to transcribe information that's already on your transcript that you make me request so that you can penalize me when I don't transcribe it correctly?" Me: "Feels like a set-up" Agent: "That's how tax works. Is there anything else I can help you with today, sir? Me: “I’d like to go ahead and request that transcript can you send it to me?” Agent: “Sure thing, I’ll get you that fax number” Me: “The what---”

@rledbetterCPA Maybe keep better records of income you received.

@MatrixMysteries How is the car insurance so high?

An American is 24 years old — and already $205,000 in DEBT. No luxuries. No house. No savings. $550 in rent. $2,373 in student loans. $758 on a car and insurance. $4,015 every MONTH just to survive. This isn’t irresponsibility. It’s a generation buried before it starts.

@HustleBitch_ The bank gave you the numbers when you signed.

🚨 SHE JUST DID THE MATH ON HER MORTGAGE - AND IT’S MAKING PEOPLE SICK An American homeowner breaks down her numbers on camera and it hits hard. She bought a $300,000 house with a 30-year mortgage at 5% - the most normal setup imaginable. But the math is brutal. Total paid over time: $864,000. Interest alone: $564,000. That’s money that buys nothing. No house. No upgrades. No equity. Just decades of payments to the bank. She’s up at midnight running the numbers, quietly making micro-payments to try to escape the trap early. So is this homeownership… or a debt prison built on purpose?

@charlescwcooke Poor people are riddled with credit card debt - is that a good thing?

He can’t do this without Congress. Separately, it’s a terrible idea that will make it much harder for poorer people to get credit.

@justinamash So they should raise to 50% interest so we can give people higher limits?

Trump is the most socialist and economically illiterate president of our lifetime, which is no small feat. This proposal would do the greatest harm to millions of Americans who have been hardest hit in recent years. When companies can’t charge for risk, they won’t lend!

@ManThatCrazy @justinamash Zero chance of this.

@justinamash bank reaction will be: if credit score < 800 then cancel credit card

@justinamash Just confirming the counter argument is that we want the CC companies to charge usury rates and it’s good to have people riddled with this debt they cannot pay? Make it make sense.