2highpsi

Nice choice Tim Love my Kimbers. Make sure you change the mags out though (if you haven't already) as the factory ones suck.

Nice!

The basic principle that could begin to fix this whole shit storm is lowering all the safety nets and allowing capitalism to do it's thing. This applies to the top and the bottom. ex. 1: So you have been out of work for a couple years, you aren't disabled, but you just haven't found a job "as good as your last"..... Time to make a decision. Live on surplus government peanut butter, cheese, and milk, or take a job on the highest rung of the ladder you can and start your climb back over. If you choose not to work just know that you won't have excess, sorry it just has to be that way. ex. 2: So you run a multi billion dollar business, you wagered billions and lost....... Sorry you just lost your business. It HAS TO GO BANKRUPT. Don't let the fear mongers fool you though. That doesn't mean it won't exist any more. It just means that all assets will be auctioned of to the highest bidder. They will then take over the company. Who loses in this deal? Well, anyone who had equity in the business. The same people that would have won if your bet was right. Lesson learned, dont make a bet you aren't willing to lose. People lose in life. We have to accept this. We are either a capitalist society, or we aren't. I'll tell ya what sure as shit doesn't work.... Capitalizing profits and socializing losses. As has been pointed out, there is only so much money in the system......

No one is proposing to quit having children. Tax credit or not, people will still have kids, and those kids will still pay taxes when they grow up. In fact, I have three kids and don't get a tax credit for any of them. So that is fair for me.... but not everyone?

lol. jk. figured I would stoke the fire Create more jobs to investigate and eliminate all the frauding of welfare programs. Double win.

Nice collection!

I am getting it here also. wtf

That figure is his Federal tax liability only. As an effective FEDERAL tax rate, it's not all that low. Most of his income comes from cap gains which are only taxed 15% at a federal level. As with most billionaires. The easy answer is let's raise cap gains tax.... However common thought is that such a move would cause most rich people to sell out investments right before the law would change, which would be devastating to the market. I would bet your average Joes 401k would get cut in half. (Atleast temporarily) My biggest problem is the able bodied person that works part time making 12k a year so they qualify for all the credits, has a slew of kids, and gets a 10k federal return. While they do pay taxes like payroll tax, and sales tax they still have a net negative overall tax rate at the end of the year. On top of .gov paying for their home, their food, and their insurance. I know quite a few people that fit this exact bill. With all the oil and gas going on around us, a couple of them have had opportunities to get jobs paying 50k+ and turned them down......

I don't like SSYS, but I dislike DDD more. At DDDs current price, the market values the company at 3.5 Billion dollars. Even though SSYS has a higher price, they have far less shares outstanding. It is only valued at ~1.5 Billion. If you think DDD is worth more than 3.5B, I agree you should go long it. But I hear what you are saying. Like I said, this one is just a gut call. I'm not claiming this one to be spot on. I typically take a contrarian view on investment picks anyways. Which is why I am seldom vocal about them on forums also, lol.

DDD was trading with a 90+ PE. It reminds me of a lot of computer companies of 99-00 Computers were becoming more affordable and everyone was buying them. Problem is when prices go down so do profits. And the companies that pay big bucks for the higher end 3d printers will really start to question the disparity of pricing between them and average consumers. It is just a gut call. I could be wrong. But I buy companies for one of three reasons. (talking long term... short term stuff is a whole different convo) A. they do something no one else can B. they do something BETTER than anyone else does C. it makes financial sense (think P/E ratios... dividends etc) DDD fits none of those and I think all the people seeing this a long term winner are going to be wrong

(Triple.... for the triple fucking we take from .gov) Year end LLC partnerships (or S corps for that matter) can be a mofo too, when profits have to pass through to the partners.

I am no CPA. Although I met with one for over 3 hours today on just the same subject. 1099 earners actually have the ability to lessen their burden far more so than a W2 employee. I receive W2s and 1099s. (have a couple jobs/ businesses) I can get creative with the 1099 income. Fairly screwed on the W2. Both sides have pros and cons (as with everything else in life)

I believe damreds is referring to Federal State City OASDI Property and maybe even Sales All combined EDIT Just realized you essentially knew I was replying, just as I was doing so. *slow clap*

2/1/13 VXX $25.50 Call option did well at the end of the day. And were next to free..... If you really wanna roll the dice and don't play options you can look at TVIX. It did 12% yesterday. Not a bad day at the races.

I know how discouraging the highest tax brackets are... but what he is saying is correct.

Feel like I missed something..... Definitely a steal in the current environment. GLWS

That thing is a beaut Can't see it lasting long in the current market

Sold lock it up.

I'm working on my taxes from last year. When I added up what I already paid in Federal, state, city, oasdi, property, and sales tax, in addition to what I still have to send on top of that for MORE federal tax.... I puked.

Sorry guys got busy in meetings. It is pending and should be gone tonight. I will update this evening and let everyone know for sure.

If I still have it in a week, I'll probably sell or trade 3 of the mags 100 rds come with it. Forgot to list that

Pics up now. Somewhat. I just got the thing though... so I have more than pre-hysteria money in it.

Possibly. Depending on how much you would add with it. I'm open to hearing offers. I hate to make a list, because I might exclude something that I didn't think about, that I would in fact take. I actually wanted one of those before. But I just can't think of a circumstance where I would pick it up before any of my ARs. I'm kinda trying to reduce some of the redundancy of my collection, so I can expand it where I am missing things.

Sold Lock it up