@BraddrofliT Funny thing about liberals.
They think those who make a lot of money don’t earn it.
So it should be taxed and redistributed. To people who don’t earn it.
Nobody told you?
You thought a bank would lend you $350000 and not want interest? And you couldn’t figure out that even at a low rate if 3%, that’s over $10k a year?
You thought you wouldn’t have to pay property taxes? That police, fire, schools, and roads are “free”?
You thought you wouldn’t have to pay for homeowners insurance? That a magic fairy would protect you from harm?
Nobody told you? Are you fucking stupid?
@thatsitbot@Kcchiefs58dt When Mahomes has a year or two left, yes, push all the chips in. Mortgage the future. Trade draft picks. Plan on huge dead cap charges. Until then, they are doing this exactly right.
@BBGreatMoments Mickey Lolich … by Denny McLain’s 31 win season and Bob Gibson’s 1.12 ERA in 1968.
But it was Lolich that pitched 3 CG wins including the game 7 duel against Gibson to carry the Tigers to 1968 title. While McLain went 1-2.
@OrevaZSN It has never been the case that a low skill, entry level minimum wage job has supported independent living of a single person. Maybe sharing an apartment with two other people, and living very modestly (no cable TV, internet, individual phone, eating out, $5 coffees, etc).
Only 3 rings? Please name another QB drafted in last 20 years with more than 1.
You come across as a dumbass.
And no one saves cap space. Might move it from one year to the next, but it all gets spent. Chiefs have done a great job maximizing window of a competitive team. Bengals haven’t even made the playoffs in last 3 seasons with Burrow at QB.
Entirely different structures and purposes.
Property tax: Local tax to fund police, fire, schools, parks, local roads and other infrastructure. Typically 1% of value of house in the locality that benefits from the services and infrastructure. House would have little value without those services and infrastructure. (Notably: Property taxes for typical homes are fully deductible from federal and state income taxes, and first $500k of capital gains on a primary residence are also not taxed.)
Capital gains tax: One of many taxes paid to federal and most state govt for general revenue when one has an ownership interest in business. For anyone holding stock in a publicly held company (outside a tax deferred retirement account), taxes are paid primarily at 5 levels: (a) all employment taxes paid in relation to employees employed by the business (roughly 7.3% of payroll for federal), (b) property taxes on real property owned by business, (c) corporate taxes on actual profits (20% federal base rate plus state), (d) taxes on shareholders for dividends paid (ordinary income rate of shareholder), (e) taxes on shareholders for realized capital gains (ordinary income rate if held less than 12 months, or 10-20% rate for long term capital gains). There are no exemptions for gains (unlike home exemption).
Comparing one to the other is foolish.
@DividendBreeder Subdivide the stats by age.
Age has the strongest correlation to net worth. A young lawyer with student loans at age 30 very likely has negative net worth. By age 60, almost all will be multi-millionaires.
There are shortages in all of the skilled trades — electricians, plumbers, carpenters, operating engineers, etc.
People think they should get jobs at middle level incomes while offering low level skills zero. Economics is simple … don’t expect to be paid above the relative skills and productivity you provide.