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2highpsi

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Everything posted by 2highpsi

  1. It's hard to find a good wing man willing to take one for the team. This ones for you
  2. http://l.yimg.com/img.movies.yahoo.com/ymv/us/img/hv/photo/movie_pix/dreamworks_skg/road_trip/_group_photos/dj_qualls12.jpg
  3. :lolguy: I don't know you at all, but for some reason, of anyone on the site I would have nominated you for this adventure. You must have referenced this kind of bang on here before or something.
  4. Drink a twelve pack and take a pic Oh, wait,... it doesnt work that way. post a pic, we will drink the beers, then report back
  5. Listed on CL today... Use part of your tax return on this, and have some happy kids!
  6. If you owe, filing an extension does not give you extra time to pay penalty free. If atleast 90% of what you owed isn't paid (or maybe post marked) by April 15th you get hit with penalties, extension or not.
  7. Are you fucking serious? Just so we are clear.... Do you bet against minority QB/coaches because you think they are incapable of winning or because you think it's fixed?
  8. I don't know about their public auctions, but all of Manheim's dealer auto auctions are live and also have "Simulcast" (online) bidding at the same time. I stopped wasting time going to the physical auctions about a year ago because simulcast has gotten so much better. I can watch 6 auctions at once and be far more efficient. Ofcoarse I'm going after a large volume of vehicles rather than just "that one". About one out of every hundred I get burnt on something that wasn't disclosed on the condition report. I easily arbitrate it though, and either get the problem reconciled or they get the vehicle back.
  9. 2highpsi

    Prediction

    Tulip mania, Nasdaq tech bubble, housing price index bubble. Google image those three things. The charts all look similar. I expect firearms to follow suit.
  10. They can go, but seldom do. Some of those sales offer vehicles online to dealers via "presale". So if a dealer picks it up before the sale date, it is no longer available to the public. Also, certain sales will be full of all kinds of stuff where vehicles only represent a small portion of what is for sale. Depending on the seller, they may or may not sell the cars to dealers only.
  11. If you enjoy going to the auction, I think it is worth it for the experience alone. As far as what kind of deals can be had at the public auctions... it is so hit or miss it is unbelievable. I have seen 20k retail vehicles sell for 22k. I have also seen 20k vehicles sell for 15k. Attendance obviously plays a large part in this. If you can go at times when most people don't have the money to go you usually benefit. ie. Feb. means tax returns for a lot of people, and some of the sales can get nutty on the cheaper inventory. Beginning of Jan on the other hand there are deals to be had because a lot of people are recovering from christmas.
  12. A bidder badge for a public auction and access to the dealer only events are really two different worlds.
  13. If the Russian falls through I can do the same thing. If you want a Manheim Market Report (shows what a particular vehicle has brought though the lanes) just PM me the Year Make Model and Miles
  14. 2highpsi

    Fuck taxes

    Actually I am in the same boat, which is the only reason I know anything about the taxation of them. S-Corp owners receive all profits or losses at the end of the year in direct proportion to their ownership stake via pass through. So the company itself doesn't pay taxes (which is a higher rate). Another thing that I didn't realize before was that S Corps are the most popular corporate structure in America. So the CEO of an S Corp that employs any amount of people will surely be affected by raises in income tax. Now in a perfect world, every employee would pull their weight and there would be no workplace inefficiencies. Unfortunately in real life that just isn't the case. So when you take out of the pocket of these CEOs, is it really crazy to think that they won't start looking for these inefficiencies in their workforce to drop dead weight as to increase net profits to negate the effects of their tax bill. At the end of the day, they will bring home the same amount of money. The government will make a little more money, but will now have to support someone else who is out of work. So all this ends up with a net negative impact economically. This is fully debatable. I am just playing devil's advocate. Most of the conversation in this thread is pure theory and belief. It's not black and white, right or wrong. When it comes to these kinds of conversations I really support pieces of both sides, but typically hop on a side for debates sake. I honestly like hearing intelligent responses against what I currently believe.
  15. His book was excellent btw. The night I picked it up, I couldn't put it down until I finished it.
  16. 2highpsi

    Fuck taxes

    I have something on the CEO taxation and employee comment too Ken. I'll come back to it later. But I'll give you a head start on the googling. Read up on how an S Corp is taxed.
  17. 2highpsi

    Fuck taxes

    I knew eventually you and I would agree on something in this thread.
  18. 2highpsi

    Fuck taxes

    Ofcoarse they wouldn't. But "A rose by any other name would smell as sweet" Many murderers call themselves artists Socialists hide behind a liberalist title and crazy tea partiers are "conservatives" I will give you that the debt ceiling negotiations are about as necessary as a bubble gum ban in the lock jaw ward at Bellevue.(uselessly redundant if that wasn't clear) But both sides have grandstanded against opposing parties holding presidency. In fact Mr. Obama himself voted AGAINST raising the debt cieling in 2006. Maybe he didn't understand what he was really voting on? Do you think that short term (and unsustainable) effects should outweigh long term and actually sustainable effects? Short term results are good for one thing. Votes. When I get a cut, dumping hydrogen peroxide sure as hell doesn't make me feel better immediately. It actually feels worse for a bit. But in the long run, I know it's better.
  19. Being a steelers fan, I don't want to see anyone else get 6 championships before they get 7... But I hate the ravens, and that murdering piece of shit Ray Lewis. So... Go 49er.... I guess Unless there is some way that no one can win.
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