Blaine Wright

93 posts

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Blaine Wright

Blaine Wright

@blaine_wright

Austin, TX Katılım Nisan 2009
402 Takip Edilen71 Takipçiler
Blaine Wright
Blaine Wright@blaine_wright·
@MissJilianne I paid >$2M of income tax in the last 30 or 40 years. Surely some of that money (probably more than $100) went to a natl park So why should some libtard European who has been living under military protection for the last 30 or 40 yrs (which I also paid for), get a free ticket?
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Miss Jilianne
Miss Jilianne@MissJilianne·
I think it’s disgusting the United States charges $100 per person visiting our country to enter a National Park. Embarrassing too!
Miss Jilianne tweet media
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Blaine Wright retweetledi
Bethany O’Leary 🇺🇸 🦅
🚨This absolute POS Chirayu Rana accuses his JP Morgan boss of turning him into her “sex slave,” claims she racially insulted his wife… “I bet your little Asian fish head wife doesn’t have these cannons.” 💀😭 THEN we find out he faked his own dad’s death for 3 months paid leave….ANDDD HE doesn’t even have a wife (fake wedding ring, made it all up). Grifter piece of shit. Deport this clown back to India immediately. No more scamming American companies with fake victim stories. Lying scumbags like this are why real victims get ignored. Lock his ass up or ship him out. Enough. 🔥
Bethany O’Leary 🇺🇸 🦅 tweet media
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Blaine Wright
Blaine Wright@blaine_wright·
@LandmanLando So fucking annoying how oil and gas people say “2mm” to mean $2,000,000. The rest of the world would say “$2.0M”
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Lando the Landman
Lando the Landman@LandmanLando·
Every time I get new well proposals from Exxon there are mistakes. AFEs always wrong with mistakes up to $2MM off. Every single time.
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Blaine Wright
Blaine Wright@blaine_wright·
@data_atx I always thought that should’ve been a hardcore night club. Goth/rave/trent reznor type stuff
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Blaine Wright
Blaine Wright@blaine_wright·
@OilCoIntern This is a stupid post. Everyone ever in OG knows IDC is a year 1 benefit and it wipes out part or most of the tax basis your investment, so less tax depreciation in years 2-99 Everyone on X wants to create controversy. IDC is a benefit. Rich people get it: get over it
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Oil Co Intern
Oil Co Intern@OilCoIntern·
Intangible drilling costs are not free tax write-offs. Regardless, many oil & gas-fund pitches portray them this way. This example from LinkedIn today shows $100k investment turning into ~$99k in IDC deductions that wipe out a material portion of the client’s W-2 income in year 1. Technically true. It’s a real K-1. But it’s not the full picture if you’re deciding whether to actually invest. The IDC deduction is real tax savings in year 1. No argument there. The part that gets glossed over is when that investment starts throwing off revenue, usually a lot, in year 2. Your K-1 then shows ordinary income from the wells on top of your full W-2 income. You’re not creating “free” money. You’re accelerating a deduction and pushing taxable income into the future. Here’s the correct way to analyze any non-operated oil & gas working interest deal: Step 1: Project your baseline cash flow WITHOUT the investment. Take your expected W-2 (or other ordinary income) for the next several years and calculate the true after-tax dollars you keep each year. Step 2: Run the investment scenario. Layer in your expected K-1 line items: year-1 IDC loss being the big one, future revenue, operating expenses, tangible depreciation, and depletion that shelters income for years to come. Calculate the incremental after-tax cash you actually receive from the wells. Step 3: Credit the oil & gas investment with the difference. Only the difference. That “extra” after-tax cash flow is the true economic benefit of the investment. Now compare that incremental after-tax cash flow stream to your alternative investment options. (Risk adjusted, of course.) If the oil & gas deal’s projected IRR (after all taxes, fees, and decline curves) beats your alternatives on an apples-to-apples after-tax basis, then it’s a good deal. If not, the big year-1 deduction didn’t magically make the investment beat the alternatives. Tax benefits are powerful, but they’re only one input. The deal has to stand on its own merit.
Oil Co Intern tweet media
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Blaine Wright
Blaine Wright@blaine_wright·
@SenWarren Why do you call it “my wealth tax”? Is that a freudian slip, you really do think their money belongs to you?
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Elizabeth Warren
Elizabeth Warren@SenWarren·
Jeff Bezos has $222 billion. If he paid my wealth tax this year, we could fund insulin in America for everyone who needs it plus free school lunch for every kid in Texas—and have plenty of money left over. And Bezos would still have $215 billion dollars to spare.
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Craig Steinfeld
Craig Steinfeld@CESteinfeld·
did not enjoy the new digital @alamodrafthouse ordering system - I'm all for capital efficiency but not at the expense of the customer experience. I don't want to get my phone out during the movie - sigh
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Blaine Wright
Blaine Wright@blaine_wright·
@data_atx Was 2018 when they sold us the $10B Project Connect scam? All I’ve see from that is stupid bike lanes and a bunch of extra curbs in the middle of intersections
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ATX data
ATX data@data_atx·
Speaking of bridges, in 2018 we approved a bond to replace the redbud bridge over town lake They told us it would be $50 million Yesterday, we got an update saying the estimate has ballooned to $130 million, they don’t have the money, so they are looking to do repairs instead
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travis kalanick
travis kalanick@travisk·
Lake Austin. SuperAir Nautique slalom… 🤠😳😱… who’s on the water this weekend?!
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Blaine Wright
Blaine Wright@blaine_wright·
@BarackObama Every blue state is gerrymandered to hell and back in favor of Democrats.
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Barack Obama
Barack Obama@BarackObama·
Free and fair elections are the cornerstone of our democracy. But right now, they’re under attack. Several Republican-controlled states have redrawn their congressional maps to give themselves an unfair advantage in the midterm elections. Now Virginia has a chance to help level the playing field. If you live in the Commonwealth, early voting begins March 6, and Election Day is on April 21. Vote YES.
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ATX data
ATX data@data_atx·
BREAKING: Austin CapMetro CEO says that the homeless bus pass program was hit by major fraud and abuse They recently put in changes to stop the fraud and it drove a decrease of 450k rides in the recent quarter This would imply a multi-million dollar fraud over past few years!
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Blaine Wright
Blaine Wright@blaine_wright·
@0hour1 The other problem is that 100% of the drivers and bicyclists are on the wrong side of the road.
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0HOUR1
0HOUR1@0hour1·
Why do they always get in the middle of the road.
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Blaine Wright
Blaine Wright@blaine_wright·
@StateDept I think Trump coined a name for these places: “Sh!thole Countries” Why do we let anyone from those countries in? Probably not too many phds
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Department of State
Department of State@StateDept·
The State Department will pause immigrant visa processing from 75 countries whose migrants take welfare from the American people at unacceptable rates. The freeze will remain active until the U.S. can ensure that new immigrants will not extract wealth from the American people.
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Blaine Wright
Blaine Wright@blaine_wright·
@Oilfield_Rando Why does any central bank anywhere in the world get to prescribe the selling price for a commodity (money and/or loans)? If this same prescribed pricing happened for oil or lumber or pork bellies, people would go to jail.
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Oilfield Rando
Oilfield Rando@Oilfield_Rando·
So a cartel of insanely rich international bank executives is rallying together to defend one of their guy’s shady construction of a lavish $3 billion palace… …and the “Eat the Rich” leftoids are all like “YEEEAAH GO TEAM, SUCK ON THAT, DRUMPF, YEAH!” Amazing.
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Flightradar24
Flightradar24@flightradar24·
Venezuelan and Caribbean airspace from late last night (local time) through this afternoon.
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Blaine Wright
Blaine Wright@blaine_wright·
@JakeCan72 When the law becomes stupidly unfair then people just revert to anarchy. I approve….
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Jake
Jake@JakeCan72·
California dream job just dropped 🔥 Squatters trashing your Bay Area property? No cops. No courts. No nonsense. Enter: a $10K squatter removal service run by a real-life modern ronin — swords, MMA, intimidation, and pure confidence. The pitch? He legally leases the property himself… then removes the problem. CEO says it’s 100% legal. 7 years in business. 95% success rate. Yelp review highlight: “Resolved in 3 days.” Legal ✅ Lucrative ✅ And honestly… looks fun as hell 😂 California broke housing so badly it accidentally created a new profession. Property rights, but make it unhinged. California problems → California solutions.
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Blaine Wright
Blaine Wright@blaine_wright·
@lyndonbajohnson There is an element of truth to this. Not completely true but also not far off. Lots of companies have 1 or 2 silos here but rarely the “center” of the company.
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Blaine Wright
Blaine Wright@blaine_wright·
@AdamCarollaShow @adamcarolla The Adam Carolla Show is the best, most consistent media of any kind. I listen to almost every episode and rarely get bored of it. Keep it up and Get It On!
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The Adam Carolla Show
The Adam Carolla Show@AdamCarollaShow·
Happy New Year!!! 🍾🎉🎆🎇 Thank you to EVERYONE who watches and listens to The @adamcarolla Show! Whether you watch on YouTube, Rumble, or listen wherever you get your podcasts, we’re TRULY grateful for you! 🫶 2026 is going to be an AMAZING year! Get it on!
The Adam Carolla Show tweet media
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Adam Carolla
Adam Carolla@adamcarolla·
Listen a lot of people keep saying garbage man. That’s not a tip job
Vince Roberts@Ieatsketti

@adamcarolla Seems like you should change the question to "what's the most important tip job as I define it you can think of"?

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