Oops!!!!

[EFsDad]

Like who? Your insinuating there are several countries smarter than us. You know if our economy fails the dollar fails.

I doubt the country they run too would keep them if our dollar is worthless.

[Broken External Image]
For sure

Possibly

or

 

[RickN]

Like who? Your insinuating there are several countries smarter than us. You know if our economy fails the dollar fails.

I doubt the country they run too would keep them if our dollar is worthless.

Ireland for one. They have lowered corporate tax rates to attract all the businesses moving out of high tax countries. I hear they are planning to lower top tax rates too.

 

[Glocktogo]

Like who? Your insinuating there are several countries smarter than us. You know if our economy fails the dollar fails.

I doubt the country they run too would keep them if our dollar is worthless.

Perhaps some of these countries?

http://shine.yahoo.com/healthy-living/best-places-born-2013-175300116.html

I don't think most of them worry about the dollar all that much. You'd be surprised how many places cater specifically to US expats. You also need to understand that often when an economic powerhouse crumbles the way the US is, others step in and pick up the pieces.

 

[Lurker66]

I make 49,999 and get taxed at 10% my tax bill is 4,999 and my net is 45,000

I make 50,000 and get taxed at 20% my tax bill is 10,000 and my net is 40,000

Libertarian here.

so work less and make more or start a BS cattle company and funnel some money thru that, its easy to show a loss.

 

[inactive]

I make 49,999 and get taxed at 10% my tax bill is 4,999 and my net is 45,000

I make 50,000 and get taxed at 20% my tax bill is 10,000 and my net is 40,000

Libertarian here.

Except you example is not relevant, as the our tax rates are bracketized, meaning that the initial $49,999 is taxed the same rate in either scenario. The higher marginal tax rate would be on any any additional income earned in the higher brackets.

I'm a Libertarian too, so I'm not arguing necessarily for a higher tax rate on higher incomes. But I am compelled to correct disinformation.

 

[Glocktogo]

Except you example is not relevant, as the our tax rates are bracketized, meaning that the initial $49,999 is taxed the same rate in either scenario. The higher marginal tax rate would be on any any additional income earned in the higher brackets.

Math again? Now where did that come from?

 

[Lurker66]

I am not winning this argument, lol. Geuss ill concede this thread.

 

[Shootin 4 Fun]

I am not winning this argument, lol. Geuss ill concede this thread.

Well it's hard to convince people to give you their money with nothing in return.

 

[Lurker66]

Except you example is not relevant, as the our tax rates are bracketized, meaning that the initial $49,999 is taxed the same rate in either scenario. The higher marginal tax rate would be on any any additional income earned in the higher brackets.

I'm a Libertarian too, so I'm not arguing necessarily for a higher tax rate on higher incomes. But I am compelled to correct disinformation.

Wahoo, forget my consession. I got backup, lol.

 

[Glocktogo]

I am not winning this argument, lol. Geuss ill concede this thread.

Too late! You conceded and we have proof!