Michael Becker

Mortgage Banker, oenophile, and Bulldog lover.

[Michael Becker @mbeckerp]

@DerrickEvans4WV If she did this she would have only paid $16,612 in interest, assuming a 6% rate. This is 100% her fault for making such small payments!!!!

[Michael Becker @mbeckerp]

@DerrickEvans4WV Her average payment over the 120 payments was $213! $50k borrowed at 6% means monthly interest in the first monthly payment is $250. Her payments aren’t enough to cover interest so her balance went up. To pay a $50k loan off in 10 years should needed to make $555/month payments

[Michael Becker @mbeckerp]

@MsMorton1214 @DerrickEvans4WV It’s called amortization, Einstein. It frightens me that you let her get in debt and have no understanding of how it works! How much of her payments do you think should go towards principal?

[Michael Becker @mbeckerp]

@DerrickEvans4WV It frightens me that you as a business owner and real estate investor don’t understand amortization and can’t figure this out. The stupidity in this post should disqualify you from ever holding public office or ever having a say in the spending of taxpayer’s money!

[Michael Becker @mbeckerp]

@KhanSaba1278 https://t.co/ixlOsOHsSc

[Michael Becker @mbeckerp]

@KhanSaba1278 Minimum wage laws increase unemployment for low skilled entry level workers. No one should expect to be able to afford a two bedroom apartment on minimum wage! Get a roommate, work multiple jobs, gain skills, and increase your productivity and your wages will increase!

[Michael Becker @mbeckerp]

@vqcrypt @raefejenkins There is nothing common-sensical in this comment. It’s all emotion and devoid of rational thought.

[Michael Becker @mbeckerp]

@samnulton It’s not that at all. You’re claiming intellectual superiority and you don’t have a clue. Conservatives criticize government all the time and encourage rational criticism. We think liberals hate this country because all they seemingly want to do is tear down its foundations!

[Michael Becker @mbeckerp]

@CorfmanTim Billionaires pay the same effective tax rate as everyone else on wages and capital gains. There isn’t a separate tax code for billionaires! Much of their wealth is in unrealized capital gains. And if they do have capital gains they are long-term which are tax at a lower rate.

[Michael Becker @mbeckerp]

@Replicant7777 @CorfmanTim You’re clueless

[Michael Becker @mbeckerp]

@ThriveHumans @mitrajoy_ 8 comments vs 5 likes.

[Michael Becker @mbeckerp]

@ThenInvest @nickpretnar I couldn’t agree more!

[Michael Becker @mbeckerp]

@KPASKSWHY @mathisjustmath Why should someone who paid taxes to the government thank them for it. Especially when those taxes are often ised in an inefficient and wasteful way.

[Michael Becker @mbeckerp]

@KPASKSWHY For someone claiming to be fact based this is pretty stupid post. Taxes are paid on income not net worth. Those taxes were paid as a result of him exercising expiring Tesla options. These were capital gain taxes, which if long-term have lower rates than wage income taxes.

[Michael Becker @mbeckerp]

@David__Osland Maybe you should ask the over 4400 employees of SpaceX who are now millionaires if they feel as if they have been exploited.

[Michael Becker @mbeckerp]

@David__Osland You can’t become wise by posting stupid shit on X.

[Michael Becker @mbeckerp]

@Aczar1Alan @markreabaker @elonmusk Amen to that Azar!

[Michael Becker @mbeckerp]

@mastaprincess This is a bad take. In this country you’re free to make bad choices and also free to make good choices. I’ve made both. They can spend money as they see fit and also work until they die because of their choices, or they can plan for the future and retire at some point.

[Michael Becker @mbeckerp]

@ThenInvest @nickpretnar When Bush suggested a partial privatization in 2005, the left lost their minds. I was all for it. If I could have just had my withholdings invested, they could have kept my employer’s match to help keep SS liquid. I’d have a much bigger nest egg than SS will provide!

[Michael Becker @mbeckerp]

@Aczar1Alan @markreabaker @elonmusk It’s really not the government’s job to solve housing problems or make healthcare more affordable! It’s because of the government that both are expensive.