Senate Passes Sweeping Republican Tax Overhaul Bill

Quote:

---

Originally Posted by Irving

You've lost me here. I assume you have a lot more to say on the subject, but I can't hang in the conversation without the rest of your context.

---

When law makers create tax breaks to favor 1 industry over another. You get tax breaks to install solar power vs a coal stove. The pinhead are favoring the solar industry by making poor economic choices seem cheaper, keeping the solar industry afloat. How many tesla cars would not be sold if consumers paid full price and the government didn't install charging stations? Another example of pinheads picking a winner.

Government needs to scale back to just essential services and national defense. Stop playing robin hood. Kill every subsidy. Go back to the pre great deal economy.

Quote:

---

Originally Posted by Eric P

Yes. Anyone who uses a tax break, passes there share of the government burdon to others. That's what I mean by subsidising others activity. Everyone should pay an equal share regardless of life and economic decisions. If 100% took advantage, taxes go up even more negating any stimulus, and even depress. I can't find the report now, but for every dollar stolen in taxes, only 85 to 87 cents is spent. The rest is lost to pay bureaucrats and create do nothing jobs. Whereas a dollar spent freely by us is utilized 100%.

---

So i shouldn't utilize something i'm qualified for? B.S. I've paid in to the system for X decades, you bet i'm taking advantage of any break or program i'm qualified for.


You use a safeway or soopers card for the fuel points, veterans or LE discount? AAA, NRA , Credit Card cash back program or other membership for discounts?

Quote:

---

Originally Posted by Great-Kazoo

So i shouldn't utilize something i'm qualified for? B.S. I've paid in to the system for X decades, you bet i'm taking advantage of any break or program i'm qualified for.


You use a safeway or soopers card for the fuel points, veterans or LE discount? AAA, NRA , Credit Card cash back program or other membership for discounts?

---

You are comparing apples to oranges. You were forced to pay taxes, you are free to shop where you choose.

That is why I said all government breaks should be done away with. It doesn't matter how old you are, or how long you paid taxes. I'm not saying you should loose your SS or medicare today. But future tax payers should never have to pay into these. The fed stole the money from these system and should pay it back. Giving you a $5,000 tax break to buy a tesla is whats wrong. Your choice to buy a tesla should be under the free market. Does your lack of gas purchases offset the increase cost of purchase and electric costs? The tax break can make it favorable or a wash, but at what cost to everyone else? I am now paying for a fraction of your car, do I get any benefit or use of you new car?

I have no problem taking advantage of private sector promotions/incentives/discounts. That is where they belong. The private sector cannot steal your money through taxation and give it to others. Government has no place in incentivising any economic choice.

The biggest thing about the tax bill that no one is talking about is how it changed the way businesses write off capital improvements. Previously, improvements had to be depreciated, writing them off over a period of years.

Now, businesses can write them off in year 1.

This is going to be HUGE. Any business that had any plans to add equipment or build a new facility is going to make that shit happen ASAP. This is going to be a huge economic boom. The amount of money that is going to get spent in the next few years is going to be huge. A true stimulus. All paid for by big business, not Uncle Sam.

So far I've seen that Toyota is going to build a huge new facility. And Kimber has announced plans as well.

The lower Corp tax rate is huge too. Companies are coming out in droves saying how they'll use the extra cash to pay employees more. And doing so won't hurt their bottom line one bit. Even Walmart is raising base pay, paying bonuses to all employees, increasing maternity benefits, etc. Everyone is going to benefit from this tax bill in one way or another.

Meanwhile. Companies like mine are so cheap that they still think working overtime and getting paid for a lunch break is the only benefits we need. No vacation time, no health care, dental... no paid holidays off. Its no wonder why they have huge turnover. But this last year was huge for us even without the tax cuts and the owner is being a cheap bastard. I know I should look around since a Class A CDL is very marketable. But how can I show him what he is loosing? Or should I just leave and hear about it later how he can't find any replacement that isn't a total disaster?
I should just gear up and make plans for the coming years winfall of money and not worry it.

Quote:

---

Originally Posted by DOC

Meanwhile. Companies like mine are so cheap that they still think working overtime and getting paid for a lunch break is the only benefits we need. No vacation time, no health care, dental... no paid holidays off. Its no wonder why they have huge turnover. But this last year was huge for us even without the tax cuts and the owner is being a cheap bastard. I know I should look around since a Class A CDL is very marketable. But how can I show him what he is loosing? Or should I just leave and hear about it later how he can't find any replacement that isn't a total disaster?
I should just gear up and make plans for the coming years winfall of money and not worry it.

---

For me, I just found a better opportunity and moved on. I told the president of the previous company that I had a better opportunity that I couldn't pass up and it had nothing to do with him or his company. I thanked him for the opportunity and experience he gave me and for trusting me with his most valuable assets: his clients. I kept it on good terms and as much as I wanted to either 1) try to reorganize the entire company with ideas and new efforts or 2) just lash into him about all the things he was doing wrong and poor decisions the bottom line was all of that effort in the first option or the 5 minutes of relief in the 2nd option would have ultimately equaled wasted time. Instead, in the way I explained, things went very well and I did all I could to have a smooth hand-off and did all I could to make them successful after my departure. This was greatly appreciated and I even received commission checks for several months after I left and right on time too. This was a true sign of how much he appreciated me and he wouldn't have realized that if I was still there trying to make his company better. In the end it was his company that was successful for about 20 years so who was I to say what was better or worse? Granted, his business is slowly failing and he's working so frantically to put out fires that he may not see the writing on the wall but there's not much I can do about that. The fit just wasn't right. This may be where you find yourself too. What may not be right for you may be right for others so I would leverage this position to something better for YOU and when you find it you'll be in a better position to go out with dignity IMO.

Quote:

---

Originally Posted by DOC

Meanwhile. Companies like mine are so cheap that they still think working overtime and getting paid for a lunch break is the only benefits we need. No vacation time, no health care, dental... no paid holidays off. Its no wonder why they have huge turnover. But this last year was huge for us even without the tax cuts and the owner is being a cheap bastard. I know I should look around since a Class A CDL is very marketable. But how can I show him what he is loosing? Or should I just leave and hear about it later how he can't find any replacement that isn't a total disaster?
I should just gear up and make plans for the coming years winfall of money and not worry it.

---

Just think how much less you'd be paid if you got all those benefits.

Quote:

---

Originally Posted by Irving

Just think how much less you'd be paid if you got all those benefits.

---

Not the case at all. He was just being a cheap bastard. I would have made more there w/benefits here and other places. They are just drunk off the low cost way that hiring illegals works. But its not my job. And all I could do is complain when they didn't get a lunch break on a 16 hour day. Mostly, because he couldn't do shit to me if I spoke up. Its my own fault. But I needed to take advantage of the time off to fight for my son in court and not worry about a shit job. I lost a daughter already and didn't want to loose my son too. My job didn't matter and they let me take the time to fight this. While still just paying me like I was a day labor. My job is not my life. I would have been on food stamps and gladly given my son to foster home then let let his bio-mom have control and custody of him. It was that bad.

Quote:

---

Originally Posted by DOC

Meanwhile. Companies like mine are so cheap that they still think working overtime and getting paid for a lunch break is the only benefits we need. No vacation time, no health care, dental... no paid holidays off. Its no wonder why they have huge turnover. But this last year was huge for us even without the tax cuts and the owner is being a cheap bastard. I know I should look around since a Class A CDL is very marketable. But how can I show him what he is loosing? Or should I just leave and hear about it later how he can't find any replacement that isn't a total disaster?
I should just gear up and make plans for the coming years winfall of money and not worry it.

---

I know of a company in search of good quality A-CDL folks... you can PM me if you want.