OSUGT Posted October 11, 2007 Report Share Posted October 11, 2007 , Fuck I could afford a 08 Z06 if I had free healthcare...... If your taxes stayed the same...thats a BIG IF. Quote Link to comment Share on other sites More sharing options...
blueG60rado Posted October 11, 2007 Report Share Posted October 11, 2007 I agree with your friends And I'm guessing that you still think the Fed is a gov. agency and our money is backed by gold. Quote Link to comment Share on other sites More sharing options...
HAOLE Posted October 11, 2007 Author Report Share Posted October 11, 2007 If your taxes stayed the same...thats a BIG IF. Canadian tax rates are as follows: * 15.5% on the first $37,178 of taxable income, + * 22% on the next $37,179 of taxable income (on the portion of taxable income between $37,178 and $74,357), + * 26% on the next $46,530 of taxable income (on the portion of taxable income between $74,357 and $120,887), + * 29% of taxable income over $120,887. If my math is right that is 20609.15 for a 100k income Quote Link to comment Share on other sites More sharing options...
HAOLE Posted October 11, 2007 Author Report Share Posted October 11, 2007 And I'm guessing that you still think the Fed is a gov. agency and our money is backed by gold. Most people do.... Quote Link to comment Share on other sites More sharing options...
jeffmeden Posted October 11, 2007 Report Share Posted October 11, 2007 Canadian tax rates are as follows: If my math is right that is 20609.15 for a 100k income Try spending it. Sales taxes in most parts of Canada are 13% or more. Quote Link to comment Share on other sites More sharing options...
HAOLE Posted October 11, 2007 Author Report Share Posted October 11, 2007 Try spending it. Sales taxes in most parts of Canada are 13% or more. I forgot about that, and the gas tax..... you are better off on welfare than to have a job up there. Quote Link to comment Share on other sites More sharing options...
Conesmasher Posted October 11, 2007 Report Share Posted October 11, 2007 The strength of the dollar is backed by the faith of the American people and those who hold American currency. Gold-backed currency is senseless.....because all gold is, is another medium of exchange. There just isn't a more stable form of currency in the world, period. Gold doesn't have value, it just has percieved value.........similar to the dollar. Reinstating the gold standard would throw the world into a crisis, plain and simple. It would halt everything so fast, the world might stop spinning. Money could not be loan anymore.........so no more cars, student loans, mortgages, small biz loans, etc. And someone said earlier that the monopoly dollar is the same as the US dollar........well, that's the truth, it's just a piece of paper that is rare........and wether your playing a game or living life supply and demand must intersect at some point. We have percieved wealth, as do most of the developed nations in the world, but our wealth is also in demand, which makes it better. Currency is nothing but a game, a large game albeit, but it's all based on supply and demand. Now while there are LARGE issues around the world, the gold standard and the dollar probably don't even garner a top 5 vote. I'd have to say that the Chinese devaluation of the Yuan is a much larger concern, as they have a problem with their respective "trade surplus" and we sit here with the "trade deficit". Typical communistic way believe that you can control a currency simply by political policy.....when in truth, the consequences always exist, they're just delayed. China's devalued currency is what has made so many Americans lose their jobs, the average person doesn't understand. I truly believe in a free market system, but in a free market there can't be any "pretenders", such as the policy makers in China. You can't have a free system, while someone out there is still regulating their respective float. If there is ever a "bond rush" for all of our debt, I would almost guarantee that we won't pay them............we'd tell them to keep waiting and the line is closed, just like we did with the gold rush. What are they going to do?.........bomb us?.......good luck getting your money then! Quote Link to comment Share on other sites More sharing options...
Conesmasher Posted October 11, 2007 Report Share Posted October 11, 2007 Tax burdens around the world http://moneycentral.msn.com/content/Taxes/P148855.asp I found this AMAZING. Quote Link to comment Share on other sites More sharing options...
HAOLE Posted October 12, 2007 Author Report Share Posted October 12, 2007 The strength of the dollar is backed by the faith of the American people and those who hold American currency. Gold-backed currency is senseless.....because all gold is, is another medium of exchange. There just isn't a more stable form of currency in the world, period. Gold doesn't have value, it just has percieved value.........similar to the dollar. All value is perceived, but gold and silver have been the measure that all other are judged by. It has been the means of currency far before the fiat money that we have. Fractional banking and the ability to print money at will is very dangerous IMHO. Quote Link to comment Share on other sites More sharing options...
Conesmasher Posted October 12, 2007 Report Share Posted October 12, 2007 All value is perceived, but gold and silver have been the measure that all other are judged by. It has been the means of currency far before the fiat money that we have. Fractional banking and the ability to print money at will is very dangerous IMHO. I think that the US dollar and the Euro are the measure that gold and silver are judged by. If the dollar goes in the toilet, we won't be trading gold coins. Quote Link to comment Share on other sites More sharing options...
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