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jeffwarne

  • Karma: +0/-0
Re: Golf sales tax?
« Reply #50 on: February 21, 2009, 12:15:34 PM »
jeff...

well jeff, if you want your taxes to pay a bank CEO a few million a year...after running his bank into the ground....let your congressperson know.  I don't...so if this "competent" CEO does not want to "stick around"....let him go and get a job with another bank....if he can.

Trickle down never has worked Jeff...and these guys are not creating anything with their wealth....they aren't during a piece of wood or a chunk of steel into something with added value....

And Jeff...don't you think the real problem is not the family that refinanced and bought a jet ski (how is that different than the CEO spending his bonus on a membership at Sand Hill?),  but those who bundled these loans and traded them over and over again to the point where it all collapsed?  I mean really Jeff...people have refinanced...borrowed against their equity....for years to take vacations, pay for their kids education, buy a new car, fix up their home...and the world did not end....why now?

Most homeowners have done nothing wrong....they just find themselves out of work, or living in a home that has lost 40% of its value...through no fault of their own...Where is the angry rant against those that caused this collapse in the first place?

If you've lost your job,that is of course tragic-and causes people to be forclosed on.

If you're living in a home that has lost 40% of it's value,why should that stop you from paying?( Assuming you still have your income or job)

This problem was in part  caused by government insisting everyone should be allowed to own a home and creating socialistic impractical ways to make that possible.
I'm all for prosecuting the crooks at Fannie Mae.

While everyone owning a home's a nice concept,many aren't responsible or capable,or have a transient lifestyle-that's why there are renters.
I rented until I was 39 years old due to my transient lifestyle as a golfer-no shame there.
Now of course many scummy lenders took advantage of people and should be prosecuted if they broke laws.

As far as trickle down-Why do you say that never works?
My salary and the wages and work of everyone around me depends upon the wealthy people spending in and around our community.
Is Obama flying around the country to sign a bill with 6 military jets in tow a better use of our tax dollars? (I guess it does employ people)

The rich already pay the most taxes-and in areas of high cost of living-even the middle class pay huge taxes -because what I make in Georgia or South Carolina would make me rich, but here in New York there's nothing left at the end of the month due to paying 50% in taxes and the rest going to pay living expenses.
So I really don't want to pay someone else's mortgage-sorry.

As far as paying millions for CEOs-if they give the taxpayer a better return on their money-why wouldn't you? (that of course remains to be seen)
You could be right though that we need to let the current ones go-but we're not going to attract any quality unless we pay their living expenses in NYC (which is probably how it will go down if socialism/nationalism is enacted)

frankly I'd let the banks fail too as they all are insolvent as well-but if we're gonna run them let's at least hire the brightest and get rid of the dead weight.


As far as people borrowing for years and it collapsing now?
banks lowered their standards and people lied or took loans that they could never repay or naively accepted teaser loans.
there are mechanisms in place that punish such behavior.
The house is sold-the buyer is removed and becomes a renter and the bank loses money on the transaction (or the buyer and bank can attempt to renegotiate the loan)
We don't need to subsidize this process because people overextended or banks used fraudulant schemes to entice naive homeowners into unworkable deals.
« Last Edit: February 21, 2009, 12:18:27 PM by jeffwarne »
"Let's slow the damned greens down a bit, not take the character out of them." Tom Doak
"Take their focus off the grass and put it squarely on interesting golf." Don Mahaffey

Pat Burke

  • Karma: +0/-0
Re: Golf sales tax?
« Reply #51 on: February 21, 2009, 02:58:30 PM »
Lou...

These guys on Wall Street weren't running around investing their money in creating jobs...they bought 2nd homes in Montana, joined clubs like Sand Hills, bought yachts....they created lots of wealth moving money and phony paper around, but created nothing of value.

The "poor jeweler" gets it....he knows it is his taxpayer dollars that is bailing out the poor performance....and in some cases out right fraud....that these guys perpetrated.  When it's his tax dollars paying their salary and keeping their bank open ...he has every right to demand compensation more in line with performance...if the poor baby CEO can't live on $500,000 let me know...I will shed a tear for him.  :(
2nd home was built by workers,architects, not to mention property taxes
Sand Hills used construction, architects, and labor.  Employs, management, F&B, and barnies
Pretty sure yachts are built by skilled craftsmen as well as nail pounders.  Maintenance and state registration fees are pretty steep too.
All the while, they buy more, spend more and pay sales taxes many of those items (including their jet fuel ;))

I've lived both sides of the aisle.  making $7 an hour while my wife made $8 (got a lot of grief for that!)
And then made buckets playing a game I loved for a brief period.  When I bought my current house, we could have qualified for a home at double the cost but STAYED IN OUR BUDGET.  With injuries and some stupid investments we are most definitely struggling, but our personal choices have allowed us to stay in our home and provide a nice environment for our child.
Our gasoline taxes are supposed to pay for roads.  Property taxes help pay for schools. And our SS taxes for a little security in our old age, and our gov (not the dems or repubs) has screwed up every one of them.
If everyone had just a little confidence that govt could do it correctly, taxes wouldn't feel such a burden.
Bitching and blaming anyone is absurd.  There is plenty of blame to go around, we can start with self responsibility.

J_ Crisham

  • Karma: +0/-0
Re: Golf sales tax?
« Reply #52 on: February 21, 2009, 03:33:15 PM »
Lou...

These guys on Wall Street weren't running around investing their money in creating jobs...they bought 2nd homes in Montana, joined clubs like Sand Hills, bought yachts....they created lots of wealth moving money and phony paper around, but created nothing of value.

The "poor jeweler" gets it....he knows it is his taxpayer dollars that is bailing out the poor performance....and in some cases out right fraud....that these guys perpetrated.  When it's his tax dollars paying their salary and keeping their bank open ...he has every right to demand compensation more in line with performance...if the poor baby CEO can't live on $500,000 let me know...I will shed a tear for him.  :(
2nd home was built by workers,architects, not to mention property taxes
Sand Hills used construction, architects, and labor.  Employs, management, F&B, and barnies
Pretty sure yachts are built by skilled craftsmen as well as nail pounders.  Maintenance and state registration fees are pretty steep too.
All the while, they buy more, spend more and pay sales taxes many of those items (including their jet fuel ;))

I've lived both sides of the aisle.  making $7 an hour while my wife made $8 (got a lot of grief for that!)
And then made buckets playing a game I loved for a brief period.  When I bought my current house, we could have qualified for a home at double the cost but STAYED IN OUR BUDGET.  With injuries and some stupid investments we are most definitely struggling, but our personal choices have allowed us to stay in our home and provide a nice environment for our child.
Our gasoline taxes are supposed to pay for roads.  Property taxes help pay for schools. And our SS taxes for a little security in our old age, and our gov (not the dems or repubs) has screwed up every one of them.
If everyone had just a little confidence that govt could do it correctly, taxes wouldn't feel such a burden.
Bitching and blaming anyone is absurd.  There is plenty of blame to go around, we can start with self responsibility.
Amen, self responsibility a lost virtue!
                                        Jack
                                         

archie_struthers

  • Karma: +0/-0
Re: Golf sales tax?
« Reply #53 on: February 21, 2009, 04:10:50 PM »
 :( :( :(


Don't have much time for Republicans or Democrats but the taxes in my town keep going up up up !  This being said every worker in our town got cost of living increases and between 3 to 5% raises for the next two to four years

Those that dared oppose the business of government were labeled and villified in our town, to my dismay.  Again. I have no allegiance to any political party , save one who would not demand you be part of the clique to get a permit to build a deck on your farmhouse ....unfortunately at this point in time in NJ and perhaps America , it doesn't exist.

However ,  I believe this will change , do I hear term limits!

Sean_A

  • Karma: +0/-0
Re: Golf sales tax?
« Reply #54 on: February 23, 2009, 03:39:01 AM »
jeff...

well jeff, if you want your taxes to pay a bank CEO a few million a year...after running his bank into the ground....let your congressperson know.  I don't...so if this "competent" CEO does not want to "stick around"....let him go and get a job with another bank....if he can.

Trickle down never has worked Jeff...and these guys are not creating anything with their wealth....they aren't during a piece of wood or a chunk of steel into something with added value....

And Jeff...don't you think the real problem is not the family that refinanced and bought a jet ski (how is that different than the CEO spending his bonus on a membership at Sand Hill?),  but those who bundled these loans and traded them over and over again to the point where it all collapsed?  I mean really Jeff...people have refinanced...borrowed against their equity....for years to take vacations, pay for their kids education, buy a new car, fix up their home...and the world did not end....why now?

Most homeowners have done nothing wrong....they just find themselves out of work, or living in a home that has lost 40% of its value...through no fault of their own...Where is the angry rant against those that caused this collapse in the first place?

Craig, I hope you take copious notes over the next 4 years.

You're about to get a first hand lesson in what tax increases do to an economy, particularly increases on business and the rich (which is where all the tax money comes from anyway, but I digress).

What theory are you going to turn to next after tax and spend socialism breaks the back of an already-weakened economy?

What are you going to be saying in 4 years when interest and unemployment rates are in a neck-and-neck race to 20%? 

What lecture are you going to give about the American working man when he isn't working -- due solely to the innane economic policies that are being implemented by your hero, the state assemblyman sent to Washington on a mass-venting exercise, coupled with a bunch of BS rhetoric and a great smile?  Whatcha gonna do then? 

Once you've taken those copious notes I hope you'll take, maybe then, with luck, you'll be able to answer the questions I pose in Reply #35 above, rather than dodging it , as always...




Like Archie, I don't have time for either party in the US or the UK (call it three parties in the UK).  All of these knuckleheads spend too much time and tax payer money making decisions for the party rather than the country.  While politics should be the life blood of a democracy, the party system has robbed the electorate of real choices.  It probably doesn't matter much now because so many voters are disengaged these days that they could care less what politicians do.  At the end of the day, the way the system works, it doesn't matter much at all who is in power unless you are one of the very rich.  It all boils down to the same things and in the same cycles and with the same predictable results. 

Shivas - I'll bet you a tenner that the US won't see 20% on unemployment and interest rates with either tax rises or cuts in the next 4 years - and that is with the Bush regime giving the ball a good kick toward your prediction in his 8 years in office.  I fear you are spouting the dogma of party of politics.  Eventually you will admit that something went drastically wrong these past few terms of office and that Republican policy had a significant part to play in creating/worsening the problems.  Anybody that couldn't see Bush's many shortcomings while in office is hopelessly blind.  We witnessed one of the most tragic presidencies in US history. 

So far as golf sales tax is concerned, why exactly should the industry not be taxed?

Ciao 
New plays planned for 2024: Nothing

archie_struthers

  • Karma: +0/-0
Re: Golf sales tax?
« Reply #55 on: February 23, 2009, 11:38:55 AM »
 ;D ;D ;D


Sean , be  careful being kindred spirits with me , as the magistrates in my town have been trying to get me for years ... LOL  ... paranoia oh my!

However it's pretty obvious that our politicians , almost unilaterally live in a different world than we ...where the same one screaming and insulting the "captains of industry " for their personal largesse secretly wonders why they don't have the same perks. 

The solution is so simple , vote everyone out every cycle , make those in power go back to work with us , and pretty soon things will change for the better as they have to live with the solution and laws they create .  However , as more and more people become dependent on them , the government becomes stronger and stronger.,  it's such a vicious cycle.

The relationship is no longer symbiotic , it's parasitic !

Craig Sweet

  • Karma: +0/-0
Re: Golf sales tax?
« Reply #56 on: February 23, 2009, 11:57:24 AM »
Archie...

The only problem is, those we vote out of office hardly ever go back to working with the rest of us...

We voted Conrad Burns out of office in 2006 primarily because of his shady dealing with Jack Abramoff, some possible misappropriation of grant money, and the feeling that he had been in Washington so long that he had lost touch with Montanans...

Within months of losing the election he was a million dollar hired hand for a lobbying firm...so much for "getting back in touch"!
No one is above the law. LOCK HIM UP!!!

John Moore II

Re: Golf sales tax?
« Reply #57 on: February 23, 2009, 01:07:00 PM »
Well, this thread has gone wonderfully downhill. Where is Kavanaugh to kill it off?

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