If you know basic math, than you can take a meme like this and derive the Monetary Truth of the world. The Government can print money to an indefinite degree under the retarded Economics of Modern Monetary Theory (which I’ve critiqued here); Don’t worry, M2 Money supply, like all the other useful metrics, are discontinued… Read More Basic Math reveals Truth about money
So Income Tax became somewhat of a thing with the 16th amendment around early 1900’s. (There’s some more history but that’s not important to discuss Capital Gains Tax). Then the Supreme Court ruled that Dividends and other forms of gains from not income (in plain English), didn’t count as ‘income’. So the Government Couldn’t Tax… Read More The Origin of Capital Gains Tax
He made a simple phrase; All Government spending is Taxation And if you boil it down, the government has to either recoup it’s losses through taxes (or fees/tariffs/borrowing and registrations as taxes) or print money (under Modern Monetary Theory) which creates inflation (thus devaluing your dollar and is a form of taxation). At the end… Read More Elon Musk is a World Renown Economist
What if Sex work is a psyop to get people to pay more taxes? I mean, I’ve heard the discussions about labor rights and issues. I personally don’t believe that sex work should be legalized. Because then the lines become blurred between what is and isn’t acceptable. And that allows abuse to happen more frequenty.… Read More What if S Work is a Psyop?
This is a small shot in the dark to point at the incredulity of the Congress that be. The 16th amendment said that the government can impose income tax federally, which is (morally) wrong, but whatever. And the Congress has enacted a law to impose taxes a long while back. But they done goofed if… Read More A look at Congressional Powers for Taxation
I’m not too big or keen on political shit, but that Lawsuit against Trump filed by the NY Attorney General is fucked. Case: Trump Organization, LLC et al. v. (Letitia) James. 451918/2020 In Short, The NY AG filed a civil suit on behalf of NY state against Trump and Co. for overvaluing their assets to… Read More $355 million Trump vs. James case is Bad for Business
A suicide net is installed to prevent FURTHER suicides, not to undo suicides. You can’t bring back the dead like that Jimbo. That’s a fact. Meaning that the mental health of those who would take a suicide through jumping off a building or bridge, would have to look for options elsewhere. Essentially, Suicide nets are… Read More Suicide nets are a band aid fix testament to brutalist society
I find it funny that you can write off the depreciation of a vehicle if you use it for business purposes. But you can’t write off the depreciation of your daily commuter as an employee. Isn’t it interesting that you can’t write off food expenses, for food that you need to survive, to work, but… Read More Small critique on taxes
There’s several corporations out there that don’t pay a living wage. Some corporations even offer SNAP benefits IN the job posting. Some people have even cited getting handed SNAP forms in their New Hire Packets. Way to get job orientation going. Maybe this whole minimum wage thing isn’t really meaningful? They even have posters where… Read More Corporations profit from Welfare. Did I stutter?
I mean, get this, most people spend more than 40% of their paycheck towards rent or their mortgage, and that’s not including other things like utilities or food or inflated everything. Hell, people have to buy liquor to sedate themselves from bills that they’re shying away from. Liquor ain’t cheap. If you factor the idea… Read More Cost of Living sure is taxing