Politics OK, Look......I'll Listen (Trump-Related)

Discussion in 'Blazers OT Forum' started by ABM, Aug 3, 2019.

  1. TorturedBlazerFan

    TorturedBlazerFan Well-Known Member

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    Its not like im a complete anarchist or saying the government shouldnt exist, if I had to choose big businesses or big government Id pick big businesses because the plurality means that their competing with and pushing each other. Big government can basically get away with anything, and the top can continue to stand. Yes there are shake ups now and then but it seems to me that most countries with Governments that are out of control, are places that dont seem like Id want to live there. Now its not to say that there arent benefits to big government, because there are.

    Edit: For the record I think big business is out of control in America, and whats worse is that the government continues to bend over backwards for them.
     
  2. Hoopguru

    Hoopguru Well-Known Member

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    Look at some of the blue chip companies (Starbucks, Coke, Nike, Apple, Blazers & many others large and small) that have thrived and survived for some time and have provided returns for stock holders and created job's for communities. If they don't perform they don't excel or grow. If they are innovative and provide a decent product with superb service and treat their employees as internal customers, with strong values and beliefs with a mission statement for achievement, success is possible.
    Measure of efficiency could be building quality into the product and objectively measuring workmanship issues. Or, taking a step out of a process in order to get the same result or better at maybe a lower cost or better product support. There are many others that are used to measure improvement goals. Economic values added approach with products and customers. Sure there are negative forces that's part of my point about how government measures or manages tax payers money.
    Seems they appropriate funds and have oversight on many departments and policies.
    Who are the governments customers and competition that they have to compete for and against.
    Just a few thoughts. So why are you so convinced The Federal Government is so efficient and managed well for the tax payers returns?
     
  3. riverman

    riverman Writing Team

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    I don't think they should have an income tax at all.....sales tax isn't a huge amount when people shop considering what it can provide funding for if used properly..it's a demonstrable system.
     
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  4. TorturedBlazerFan

    TorturedBlazerFan Well-Known Member

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    Id “be ok with one or the other if that makes sense”.
     
  5. riverman

    riverman Writing Team

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    I'd be OK if they lowered the property tax to a reasonable level and had a sales tax and no income tax....what hurts me in Oregon is the capital gains tax...it's brutal here and so many Californians are buying here that they think our property tax is cheap...
     
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  6. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    Some are, some aren't.
     
  7. ABM

    ABM Happily Married In Music City, USA!

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    Do you take advantage of the 1031?
     
  8. riverman

    riverman Writing Team

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    doesn't that only help you if you are buying and selling property? I don't think it affects my retirement accounts. I'm not selling my property
     
  9. ABM

    ABM Happily Married In Music City, USA!

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    Yes. I guess what I was referring to was your comments pertaining to capital gains.
     
  10. riverman

    riverman Writing Team

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    IRA, PERS....Mutual Funds....not real estate....I'll probably never sell my piece of the Oregon Coastal Range
     
  11. ABM

    ABM Happily Married In Music City, USA!

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    BTW, did you know that you can purchase real estate with your IRA - pre-tax dollars?
     
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  12. riverman

    riverman Writing Team

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    No...I'll mention it to my wife....we just helped our son buy a house....I've bought several in my life but in my view...don't need another property tax bill at this point in retirement...I'll let my son know as well...I was unaware of this...the one thing I'd consider is a fishing cabin on a river with salmon....we'll see.
     
  13. Hoopguru

    Hoopguru Well-Known Member

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    don't you pay a penalty?
     
  14. e_blazer

    e_blazer Rip City Fan

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  15. riverman

    riverman Writing Team

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    I believe you do with a traditional IRA or mutual fund but a ROTH IRA has no tax penalty...I could be wrong...my wife is the numbers cruncher around here...I think a lot of my investments are going to get taxed if I access them pretty heavily...my ROTH should be ok.
     
  16. ABM

    ABM Happily Married In Music City, USA!

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    Last edited: Aug 14, 2019
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  17. Hoopguru

    Hoopguru Well-Known Member

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    Yeah the Roth you've already paid taxes on going in traditional Roths you don't. You can use a certain of your traditional Roth for a mortgage as long as its tour first house.
     
  18. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    You really know how to deflate a guy. I had visions of a fishing hut on the banks of a small river in a heavily wooded area. Now, down the drain.
     
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  19. Hoopguru

    Hoopguru Well-Known Member

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    Nothing like rippen lips!
     
  20. ABM

    ABM Happily Married In Music City, USA!

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    Kelly Ripa and Angelina Jolie would be proud.
     

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