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Thread: The Trump Presidency

  1. #4971
    Quote Originally Posted by Doc Holliday View Post
    This is why the land would be taxed by acreage, not whatever value someone places on it.

    The real question is can 100 acres yield $347,121.80 in profit to support the 20 people living and working off it* with $12,000 a year each and paying the $50,888 property/military tax and the 16.2% federal sales tax**.
    this is kind of retarded. The majority of the land in the US just sits there. It doesn't generate any wealth. Just a random assortment of grass or pine trees or something similar.

    If you tax by acreage and the tax is considerably higher than what it is already paid (and I'm assuming it would be, otherwise why are we even talking about this), it would only help banks as people would default on the increased tax and the land would be seized and then purchased for pennies on the dollar by banks and developers.

    Ultimately it would diminish what has traditionally been considered a form of freedom in the US. Land ownership was a big plus to our ancestors and you would essentially be ending that.

  2. #4972
    Quote Originally Posted by Doc Holliday View Post
    $40,000 loan to start a business upon graduation
    the average college graduate has no idea how to start a business. That is not a common topic. And when it is, it is usually the 1000 foot view and little effort is put into explaining fed and state requirements.

    Hell, they don't even teach college kids how to do LLC or private ownership accounting. I've had like 4 semesters of accounting. It was all corporate based. It all assumed I would issue stock. ALL OF IT

  3. Quote Originally Posted by Dunlap View Post
    Doc, look at the Fair Tax as an example of raising sales tax to cover the budget. Your issue is that even when giving tax breaks on necessities, the top earners are not going to spend more than a fraction of their earnings, so their investments and savings will continue to concentrate the wealth at the top.
    I support a graduated estate tax of up to 67%. And a graduated capital gains tax up to 67%. That should resolve the hoarding money issue. Either spend it and lose 16% or hord it until you die and your kids lose 2/3rds of it. One of America’s cultural issues is one of immediate wants vs planning for the future.


    Quote Originally Posted by Fe 26 View Post
    maybe not? product diversity is mostly a lie. Something like 65% of guitars are made in the same factory in china. 75% of small cell batteries. 85% of music speakers. etc, etc.

    American business is as fake as the plaster Epcot is made out of.
    They don’t have to be. Make the things yourselves or don’t buy them.

    Why must we be slaves to materialism? Why must we give our money to the top 1% and keep our wages low? Rather than a business owner who pays the employees more? In & Out is a good example. Here they advertise starter jobs at $12/hr when most fast food pays about $9 maybe even minimum wage. Buy the In & Out and support the better wages.

    The idea here is to remove the slave mentality that we must participate in consumerism. To truely be free, our engagement with society must be as voluntary as possible. And then allow that voluntary nature to stimulate both empathy (support higher wage earners via buying thier products) and competition (if owners want to out sell the competition, they must grow business by paying employees better).

    This is also a way to support everyone - capitalist keep capitalism at the cost of profiting less, libertarians can move to the wilderness and pay a less complex tax system and less tax if they spend less and live on less land, and socialists see wage growth through the change in a revolution in ethical consumer spending habits, and they can also move into a city with other socialists and enact all kinds of wonderful socialist programs which only apply to the city. Win - win - win.
    "Question the world man... I know the meaning of everything right now... it's like I can touch god." - bbobb the ggreatt

  4. #4974
    Quote Originally Posted by Doc Holliday View Post
    They don’t have to be. Make the things yourselves or don’t buy them.

    Why must we be slaves to materialism?
    So we move from being slaves of materialism to slaves of labor? Do you not realize that so much of our achievement in the past 200 years has been because we have more free time due to specialization? Similarly to improvements in farms, many of our advancements have come from people having the free time to think and tinker. The less we specialize, the more of our individual time goes to producing things that we currently would just buy.

    Also, it is interesting how society eventually circles back to dreaming of this craftsman's world. The nazi's dreamed of the same things. Its why their tanks and plains were built in batches like finely crafted watches, instead of on the assembly line like Model-Ts.

  5. Quote Originally Posted by Fe 26 View Post
    the average college graduate has no idea how to start a business. That is not a common topic. And when it is, it is usually the 1000 foot view and little effort is put into explaining fed and state requirements.

    Hell, they don't even teach college kids how to do LLC or private ownership accounting. I've had like 4 semesters of accounting. It was all corporate based. It all assumed I would issue stock. ALL OF IT
    I keep telling 'em how easy it is, but people lack self confidence, imo.
    Not everyone has to be a multibillionaire, that's the problem. They thing that if they aren't making a million their first year in, they are failures. Starting a business is easy as pie. Getting RICH off it is another story. I'm not 100% sure you can teach that, so you have to teach around it and hope the success follows, haha.
    Quote Originally Posted by dechecho View Post
    Where am I anyway? - I only registered on here to post on this thread

  6. #4976
    Ease is relative. No I don't suppose it is like toting bricks with your genitals, but it is still pretty true that colleges don't actually teach the nitty gritty of starting a business. Nothing about getting a business license. Or how to file your taxes (and how forming a corp, llc, or sole proprietorship will each impact your taxes differently). Or how to find yourself insurance. Or to find insurance for your employees. Or what you are required to do by law in your state or nationally relative to employee count. Or how to get loans. Or whatever the standards are for the industry you want to go into.

    Like, no one taught me in school that anything that I plug into a wall has to be UL approved. Or that I can get around that by making it battery powered and powering with a dc power supply from another company.

  7. #4977
    That battery thing explains a lot.

  8. #4978
    pricing is also mostly a lie. The cheap washing machine and the high end washing machine both cost about the same to make. But each price tag justifies the other.

  9. I can concur with what IP is saying. My business admin courses taught me nothing about actually administrating a business.

  10. The few people I know that started successful businesses didn't do any of that shit until the business actually became profitable and stable. Even my friend who ran his business out of a storefront just did everything under the table for the first couple of years.

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