|
Gas⬆️
Apr 10, 2024 21:32:00 GMT -5
Post by esshup on Apr 10, 2024 21:32:00 GMT -5
I am on the oil companies side for more $$, especially when a sitting president tells them that he will basically put them out of business in less than 10 years. Make the $$ while you can baby!!
|
|
|
Post by beermaker on Apr 11, 2024 20:16:30 GMT -5
I would like to ask what I consider a fair question: Who do YOU trust more with OUR economy? Trump or Biden? It's a one-word answer, please. Meanwhile, I just wrote the largest check to date for our income taxes since my wife and I got married. Quick math tells me that our income is NOT keeping up with what we pay in Federal tax.
|
|
|
Gas⬆️
Apr 12, 2024 7:41:57 GMT -5
via mobile
Post by greyhair on Apr 12, 2024 7:41:57 GMT -5
Did the income tax rate go up?
|
|
|
Gas⬆️
Apr 12, 2024 9:11:58 GMT -5
Post by Mack Apiary Bees on Apr 12, 2024 9:11:58 GMT -5
It's simple. We live in slavery capitalism and what they give us in salary, wages and Gov assistance they want back. They want no cost slavery.
|
|
|
Post by wsky70 on Apr 12, 2024 14:06:43 GMT -5
Our gas is climbing again as well. Now about 5.30gl for cash price and .10 for card. If you want the good good gas like Chevron or such, running about 5.70 to 5.90. D is about .40-.50 above that....That summer blend coming back. What happened back in the day when gas was just gas....SF Woody
|
|
|
Post by esshup on Apr 12, 2024 21:22:23 GMT -5
All I can say is that I'm glad that I'm not living in Cali any more.
|
|
|
Post by Woody Williams on Apr 12, 2024 21:59:44 GMT -5
All I can say is that I'm glad that I'm not living in Cali any more. Left San Diego in 1964 and never looked back. I did return once to see my grandson graduate Medical School at Loma Linda. My parents and sister/brother-in-law are buried there. I hope they are not voting Democrat.
|
|
|
Post by beermaker on Apr 13, 2024 7:05:50 GMT -5
Did the income tax rate go up? My wife and I made just enough more to bump into the next bracket. So, yes, our rate went up. Also, the IRS continually reduces and caps what can be deducted. Now, I politely answered your reasonable question. Your turn.
|
|
|
Post by Mean Gene on Apr 13, 2024 7:52:43 GMT -5
I would like to ask what I consider a fair question: Who do YOU trust more with OUR economy? Trump or Biden? It's a one-word answer, please. Trump, 1000%
|
|
|
Post by Woody Williams on Apr 13, 2024 8:03:34 GMT -5
Old and living on fixed income…
Wife’s social security My social security Alcoa pension Required withdrawals (RMD) from our 401k
The top three are pretty well set. We do get pittance raises from Social Security once in a great while.
I never pull out any more money from our 401K than what the feds say I have to pull out. If I ever really need to pull out more it would probably put me in a higher bracket where I would pay taxes on 80% of our Social Security. That would bite.
Taxes -
They tax us on what earn Tax us on the money we spend Tax us on what we own
|
|
|
Post by greyhair on Apr 13, 2024 11:35:29 GMT -5
That same thing hit us once too.
|
|
|
Post by greyhair on Apr 16, 2024 17:05:40 GMT -5
Considering that unemployment is low, interest rates are reasonable, job creation is very high, wages are rising, corporate profits are setting records, and inflation is settling back, I will give you a one word answer.
Neither. Come November, if it is still these two, my conscience will not let me vote for either. Trump is a sick, disgusting human being, and Biden belongs in a rest home.
|
|
|
Post by esshup on Apr 16, 2024 21:27:33 GMT -5
Considering that unemployment is low, interest rates are reasonable, job creation is very high, wages are rising, corporate profits are setting records, and inflation is settling back, I will give you a one word answer. Neither. Come November, if it is still these two, my conscience will not let me vote for either. Trump is a sick, disgusting human being, and Biden belongs in a rest home. That's one thing that I cannot comprehend. If a person is a good leader for the country, I don't give a (4 letter word that begins in S) about what his personality is or WHAT he does in his personal life. All I care about the president keeping the bad guys at bay, gets a handle on the run away inflation, reverses the run away mortgage rates and reverses the insanity of the gas/diesel prices. Unemployment is low? That's because it is a statistic and you can make it say anything you want. Why come out with "historic" unemployment figures then 30 days later VERY quietly revise them up? Job creating was high 5 years ago too. If a person wants to talk about how many people were employed in the past 3 years you have to take away the people that lost their jobs or were laid off curing Covid. Wages are rising? Not at the rate that real world inflation is rising. Corporations are setting record profits at the expense of inflation. Interest rates reasonable? Maybe when you look at the interest rates in the 1980's and compare today's rates to them, but if you compare today's rates to 5 years ago they are 50% higher. New home starts are down 30-40 percent. Time on the market to sell a house is longer than it was back 5 years ago too. As long as I am on my soapbox, I wish that legislators could be personally sued for pushing laws that go against the constitution. They took an oath of office and they are not adhering to that oath. They should be held accountable for that and not just by a vote to keep them in office or out of office.
|
|
|
Gas⬆️
Apr 18, 2024 9:59:55 GMT -5
Post by greyhair on Apr 18, 2024 9:59:55 GMT -5
I agree with not going against the Constitution. It is interesting watching the courts and lawyers trying to use constitutional grounds to resolve issues around things in our modern life that the founders could never have imagined. Air travel, the internet, modern medicine and others. The founders would not have believed it if they were told what was coming.
Just imagine what the next 250 years may bring.
One question - what do you mean by corporations are setting records at the expense of inflation? Are the record profits causing it or resulting from it, or both?
|
|
|
Post by esshup on Apr 18, 2024 11:31:51 GMT -5
I believe that the record profits are contributing to inflation. For instance, look at how you get goods. It is transported to you or to your store correct? You are physically getting it from it's source? How much does transportation cost? How much of that transportation cost is because of the high price of gas/diesel?
Transportation is a big part of the overhead of my business. For instance, If I have fish transported to me from Arkansas, the transportation company charges me $320 per 50 pounds of fish to bring it from there to here. How does that affect the price of the fish?
There are 33 bass minnows in a pound. Each bass minnow costs me roughly $0.40 - $0.45 each before any of my transportation costs or other overhead costs. That's $5.40/dozen just for getting the product to my holding facility. What were bass minnow prices 4 years ago at the bait shops?
|
|