"Inflation Reduction" Bill signed

[Horseman 2,622]

1 hour ago, Reality said:

Yup. Always.

Also, stay at home Dad. Could post any time of the day because he didn't work.

That's a good one too. Life losers. Sho's wife is 300lbs. I wonder what Mrs. Mooney clocks in at? Or maybe it's a dude. 

[vomit 502]

24 minutes ago, Horseman said:

Life losers.

Meaning they have a mortgage and/or car payment, am I right?

[Bert 1,128]

21 hours ago, vomit said:

Yes please explain to this to me.

Apple paid $3B in taxes last year.  If they pay $0 this year, how much will they reduce the price of an iphone?

So Apple, Samsung, Nokie, Motorola, etc. no longer pay federal income tax.  This will increase operating margin.  One will use the extra margin to lower prices in order to gain market share.  The others will follow in order to preserve market share.  It is a fairly basic economic concept.  Yes there are a million variables but the basic concept holds true.

This is even more true after signing this bill because of the tax/fine imposed on the purchase of treasury stock.

[vomit 502]

2 minutes ago, Bert said:

Yes there are a million variables but the basic concept holds true.

There are a million variables, yes, that's my point.  It's also true that reducing expenses generally translates to higher EPS, even if that means a different product price point which will only happen if it projects higher revenue, hence higher EPS.

[Horseman 2,622]

22 minutes ago, vomit said:

Meaning they have a mortgage and/or car payment, am I right?

Maybe try reading?

1 hour ago, Reality said:

Yup. Always.

Also, stay at home Dad. Could post any time of the day because he didn't work.

 

[Bert 1,128]

1 minute ago, vomit said:

There are a million variables, yes, that's my point.  It's also true that reducing expenses generally translates to higher EPS, even if that means a different product price point which will only happen if it projects higher revenue, hence higher EPS.

And if you can increase market share you will have long term growth in EPS.  These corporations would not simply take all of the tax expense to earnings.  Not sure how many corporations or industries you have worked in but that is not how corporations function.

[vomit 502]

1 minute ago, Bert said:

And if you can increase market share you will have long term growth in EPS.  These corporations would not simply take all of the tax expense to earnings.  Not sure how many corporations or industries you have worked in but that is not how corporations function.

It's an expense reduction.  I never said they would simply just just take all the savings as expense reduction, but also make investments to grow.  My whole point, is that it's not as simple as "I pay less in taxes, now I reduce the price of my product", as horsesh1t has stated.  I'm sure you agree with me.

[Bert 1,128]

1 minute ago, vomit said:

It's an expense reduction.  I never said they would simply just just take all the savings as expense reduction, but also make investments to grow.  My whole point, is that it's not as simple as "I pay less in taxes, now I reduce the price of my product", as horsesh1t has stated.  I'm sure you agree with me.

I agree it is not that simple but I do believe it would reduce prices.  

[vomit 502]

30 minutes ago, Horseman said:

Maybe try reading?

 

I was referring to your assertion that someone who has a mortgage or a car payment is financially stupid, a life loser, as you say.

[Horseman 2,622]

2 minutes ago, vomit said:

I was referring to your assertion that someone who has a mortgage or a car payment is financially stupid, a life loser, as you say.

You mean a totally different topic in a totally different thread? I don't think you read that one correctly either.  Is English your second language or something?

[Horseman 2,622]

28 minutes ago, vomit said:

It's an expense reduction.  I never said they would simply just just take all the savings as expense reduction, but also make investments to grow.  My whole point, is that it's not as simple as "I pay less in taxes, now I reduce the price of my product", as horsesh1t has stated.  I'm sure you agree with me.

Link?

[vomit 502]

1 minute ago, Horseman said:

You mean a totally different topic in a totally different thread? I don't think you read that one correctly either.  Is English your second language or something?

So I suppose we can't talk about matching bracelets to watches in this thread either?

[Horseman 2,622]

Just now, vomit said:

So I suppose we can't talk about matching bracelets to watches in this thread either?

You can talk about whatever you want.  Every time you open your mouth it makes you look even more stupid, but why stop now.

[jerryskids 6,941]

On 8/17/2022 at 10:36 AM, Mike Honcho said:

I'm not about to argue with what you do or don't believe. 

But if they IRS hired 87K at 100,000 a piece, that would come to 8.7B.  So even if the number is half of 1 trillion and they could recover 33% of it - that's still 165B in recovered funds from tax cheats. I'm good with that. 

Sorry if this was covered as I skipped a bunch of pages, but presuming $100K is a fair salary, that's only 1/2 of an employee cost, probably closer to 1/3 for a federal employee with additional overhead and benefits.  

Regardless, I have often said here that I laugh whenever the Left says that new taxes will only be on the rich, because the rich have better, more motivated, higher paid accountants avoiding said taxes.  It looks like the feds are going to try to brute force prove me wrong through volume of auditors.  We'll see if it works. I have my doubts.    

[craftsman 1,045]

8 hours ago, Horseman said:

You can talk about whatever you want.  Every time you open your mouth it makes you look even more stupid, but why stop now.

I think Vomit is hitting on you dude. He wants to be a trophy wife.

[TimHauck 3,044]

On 8/18/2022 at 10:47 AM, Horseman said:

As long as it doesn't decrease sales/revenue, yes they do. 

That can be a big if.  Depending on the elasticity of the product, an increase in price to the consumer could mean a decrease in revenue/profit.

[Horseman 2,622]

2 hours ago, TimHauck said:

That can be a big if.  Depending on the elasticity of the product, an increase in price to the consumer could mean a decrease in revenue/profit.

There were already enough dumb posters in here and now you show up. Lolz 

[TimHauck 3,044]

21 minutes ago, Horseman said:

There were already enough dumb posters in here and now you show up. Lolz 

Says the guy who “could care less,” lol.  Feel free to point out what’s wrong with my statement though.

[craftsman 1,045]

3 minutes ago, TimHauck said:

Says the guy who “could care less,” lol.  Feel free to point out what’s wrong with my statement though.

TimMooney at work. 

[TimHauck 3,044]

8 minutes ago, craftsman said:

TimMooney at work. 

Ok Utilit.  Feel free to point out what’s wrong with my statement though.

[Horseman 2,622]

35 minutes ago, TimHauck said:

Says the guy who “could care less,” lol.  Feel free to point out what’s wrong with my statement though.

Playing gammar police is all you got? Sure sign of a weakling.  

[TimHauck 3,044]

5 minutes ago, Horseman said:

Playing gammar police is all you got? Sure sign of a weakling.  

Well I made an actual point first which you didn’t address, idiot. 

[Horseman 2,622]

2 minutes ago, TimHauck said:

Well I made an actual point first which you didn’t address, idiot. 

Nobody cares because you're clueless. You couldn't convince a kindergartener of anything. That's why you jump right to the grammar police. Dummy whips out all the weak sauce.

[TimHauck 3,044]

Just now, Horseman said:

Nobody cares because you're clueless. You couldn't convince a kindergartener of anything. That's why you jump right to the grammar police. Dummy whips out all the weak sauce.

No I jumped out to pointing out that companies can’t always pass cost increases onto the consumer.  There is a point where they become less willing to pay it…which you basically agreed with when you were rambling about million dollar iPhones.

[TimHauck 3,044]

On 8/18/2022 at 12:20 PM, Bert said:

Absolutely.  People get pissed when I tell them the biggest "loophole" in the tax code is the mortgage interests deduction 

Isn’t this pretty much moot now with the higher standard deduction?

[Horseman 2,622]

1 minute ago, TimHauck said:

No I jumped out to pointing out that companies can’t always pass cost increases onto the consumer. 

You jumped out to pointing out, huh?  Nice work there grammar policeman.  

If you bother to read the thread, and understand (the hard part for you), I never said they always do. 

[Horseman 2,622]

2 minutes ago, TimHauck said:

Isn’t this pretty much moot now with the higher standard deduction?

Thanks for jumping out to pointing that out. 

[TimHauck 3,044]

3 minutes ago, Horseman said:

You jumped out to pointing out, huh?  Nice work there grammar policeman.  

If you bother to read the thread, and understand (the hard part for you), I never said they always do. 

So calling me a “dumb poster” to my initial post seems like a weird way of saying you agree with me then. 

[craftsman 1,045]

GRAMMAR ON A FANTASY WEBSITE!!!!! 

[TimHauck 3,044]

4 minutes ago, Horseman said:

Thanks for jumping out to pointing that out. 

I’m pretty sure “jumped out to pointing out” is still grammatically correct.  And I only said “jumped out” because those were the words you used…

[Horseman 2,622]

4 minutes ago, TimHauck said:

I’m pretty sure “jumped out to pointing out” is still grammatically correct.  And I only said “jumped out” because those were the words you used…

I'm pretty sure you're wrong and retaarded.  Download an app or something idiot.  

[Horseman 2,622]

10 minutes ago, craftsman said:

GRAMMAR ON A FANTASY WEBSITE!!!!! 

Thank God Hack is here 

 

 

[TimHauck 3,044]

18 minutes ago, Horseman said:

Thank God Hack is here 

 

 

If I recall, you arguing semantics about the definition of words was like the first interaction I had with you, so it’s odd to me that you’re making fun of people for being the “grammar police.”  And normally I’m not anyway, but it was pretty hilarious to see you spend multiple posts trying to defend saying “I could care less” and not admit you were wrong, so that’s what I’m always going to think of when I see your posts.

[TimHauck 3,044]

^I couldn’t remember what that initial interaction was, but just looked it up. Forgot horseman and the gang of idiots thought that sharing Netflix passwords wasn’t stealing (from Netflix), lol

[Horseman 2,622]

8 minutes ago, TimHauck said:

^I couldn’t remember what that initial interaction was, but just looked it up. Forgot horseman and the gang of idiots thought that sharing Netflix passwords wasn’t stealing (from Netflix), lol

Thanks for jumping in to pointing that out!

[Horseman 2,622]

32 minutes ago, TimHauck said:

If I recall, you arguing semantics about the definition of words was like the first interaction I had with you, so it’s odd to me that you’re making fun of people for being the “grammar police.”  And normally I’m not anyway, but it was pretty hilarious to see you spend multiple posts trying to defend saying “I could care less” and not admit you were wrong, so that’s what I’m always going to think of when I see your posts.

Your memory is as bad as your reading comprehension.  

[vomit 502]

I remember horsesh1t calling me out for using the term irony wrong, which of course I didn't, but he tried playing semantic police, which I guess is one step above grammar police.

But what do I know, I have a mortgage, and don't own any bracelets 

[TimHauck 3,044]

58 minutes ago, Horseman said:

Thanks for jumping in to pointing that out!

Can never be worse than actually trying to defend “I could care less,” so please continue 

[Horseman 2,622]

6 minutes ago, vomit said:

I remember horsesh1t calling me out for using the term irony wrong, which of course I didn't, but he tried playing semantic police, which I guess is one step above grammar police.

But what do I know, I have a mortgage, and don't own any bracelets 

You should go back and bump that to remind everyone how retaarded you are. 

[TimHauck 3,044]

1 hour ago, Horseman said:

Your memory is as bad as your reading comprehension.  

I re-read the thread.  You told me to “consult a dictionary.”  Except the definition of stealing perfectly described what sharing streaming passwords is.