LittleHurt05
Global Moderator-
Posts
30,396 -
Joined
-
Last visited
-
Days Won
1
Content Type
Profiles
Forums
Events
Everything posted by LittleHurt05
-
QUOTE (Balta1701 @ Dec 1, 2017 -> 08:48 AM) I understand that the sentiment is aimed at "all the loopholes people have thrown in", but I think this kind of statement is somewhat backwards and counterproductive. Yes there are too many loopholes, but seriously, we're talking about something that manages a $20 trillion economy. This should not be short or simple. You can, if done intelligently, make it "straightforwards and workable", but 10 pages - that's actually harmful. Do we want to use the tax code to encourage anything at all? To give people some benefit to say, have retirement savings? I think there's plenty of logic in that. Do you think you could define a 401K plan in 10 pages in a legal sense? I certainly don't. One of their gambits this time is switching to a different definition of inflation so that as time goes on everyone will start slowly seeing taxes be a larger share of their income. Do you think you can define inflation in the entire economy in 10 pages? You can make a case for "reform". This has a little sprinkling of that in it, but the parts it reforms are entirely "make sure it hurts Democratic states and voters as much as possible" and the rest is a corporate tax cut and estate tax cut paid for by a broad based tax hike starting in about 7-8 years. Yes, I want the tax code to be exactly 10 pages. Not 9 pages, not 11 pages. Never mind. Either way, there will never be reform when the people who make the laws are among the very wealthy. People in Washington have zero incentive to make legit changes. The GOP "makes sure it hurts Democratic states and voters as much as possible". The Democrats make sure the poor are given just enough handouts to make sure Democratic states and voters stay Democratic while doing nothing to hurt their own pocketbooks. I guess one side appears better than the other because it pretends to help people, but nothing is really ever getting better for most of the country.
-
Marlins let go of scout needing a transplant
LittleHurt05 replied to southsider2k5's topic in Pale Hose Talk
It's happening quickly, but Alex Rodriguez is gonna be more popular and liked than Derek Jeter within the next few years. -
QUOTE (bmags @ Dec 1, 2017 -> 10:36 AM) Ross better be right about the candidate part because that will be a rather large difference. What's the difference legally?
-
2017 All-Soccer Thread
LittleHurt05 replied to GGajewski18's topic in A and J's Olde Tyme Sports Pub
QUOTE (danman31 @ Nov 17, 2017 -> 03:32 PM) 2026 is the expansion. There's one more World Cup with 32 teams after Russia next year. Whoops, I missed that, my bad. World Cup Groups announced today. Poland gets Colombia, Senegal, and Japan, definitely seems advance able for them. https://pbs.twimg.com/media/DP-VJyiWkAAmYvQ.jpg:large -
2017-18 NCAA Football Thread
LittleHurt05 replied to LittleHurt05's topic in A and J's Olde Tyme Sports Pub
QUOTE (SoxPride18 @ Dec 1, 2017 -> 09:20 AM) Currie out at Tennessee lol. He tried to hire Leach without the approval of the President I believe. Now there are rumors that Leach doesn't want to go there anymore. Besides him screwing up the process, that's also another awful hire. I clamored for Leach at Illinois, but he would get destroyed at a program like Tennessee. -
QUOTE (NorthSideSox72 @ Nov 30, 2017 -> 04:54 PM) There was a point I reached where I had two kids and all those intricacies, three pieces of real estate (one owned home, one condo I rented out, one vacant land), worked as a consultant and ran an S-Corp. I decided that doing my own taxes was, at that point, idiotic. So I started using an accountant. I have all of those things minus the consultant work. I've still been using TurboTax and have seemed to manage well with it. Like Badger said, a lot depends on who truly aggressive you are willing to be on deductions. It's all gravy until the IRS comes a calling.
-
If you had to trade either Avi or Jose....
LittleHurt05 replied to Heads22's topic in Pale Hose Talk
QUOTE (ChiliIrishHammock24 @ Dec 1, 2017 -> 02:10 AM) You are currently the only one of 24 voters who think that way. I actually hadn't voted until now, I just posted my thoughts. And there are now 3 of us. -
QUOTE (Soxbadger @ Nov 30, 2017 -> 09:29 PM) Im not an accountant but I thought the main benefit of S-Corp was that it was a pass through entity. I tried to look this up but Im not really sure its impact unless you were talking about it lowers the highest tax bracket on S-Corp income. Yes, it's to avoid being "double taxed", you don't pay the corporate income tax on top of individual taxes, you only pay an individual tax. I'll have to double check the exact details on this bill, there are so many different versions being pushed around. Obviously, plenty of wealthy people exploit this with entities that would be hardly considered real corporations. QUOTE (StrangeSox @ Dec 1, 2017 -> 07:23 AM) That may be different between the house and Senate versions, not sure. Legitimate tax reform is something that needs to be done, and maybe under a real attempt s-corp taxes would still come down but other loopholes, deductions etc would be eliminated. If anybody truly cared about tax reform, they would just blow up the entire tax code booklet and make it about 10 pages long. There is no reason for it to be so complicated and it only benefits people who have the knowledge or resources to take advantage of it.
-
Maybe he'll be the next contestant on the Hollywood Assault Parade
-
If you had to trade either Avi or Jose....
LittleHurt05 replied to Heads22's topic in Pale Hose Talk
Jose. Due to age, more likely to not be a major contributor if the Sox ever do make the playoffs in the near future. -
2017-2018 NHL discussion thread
LittleHurt05 replied to southsider2k5's topic in A and J's Olde Tyme Sports Pub
DeBrincat is making the championship window look slightly more ajar. Not bad for the 39th pick. -
QUOTE (Dick Allen @ Nov 30, 2017 -> 06:38 PM) Jamal Mayers on CSN, "To me, the Winnipeg Jets are one of the most surprising teams, but not so much to me." They pay this guy and not competent beat guys? Brian Campbell looked like a deer in headlights tonight.
-
I had overlooked that this tax bill would greatly reduce the S-corporation tax rate from 39.6 to 25%. Now that's an idea I can support for small businesses. ***runs and ducks from angry liberal SoxTalk mob***
-
QUOTE (Dick Allen @ Nov 30, 2017 -> 02:59 PM) He's either going to awesome or horrible. I just remember how happy so many were when the Bears brought in Fox. Now I watch TV and look on the internet, and the Bears were hoodwinked hiring him. Where were these people 3 years ago? The fact is, Bellicheck could coach this current roster and they aren't winning more than they are losing. I think either Pace needs to go, or needs some help. I knew wasn't gonna be their next Super Bowl coach, but I was just happy to have a professional coach that would have his.players compete after they completely gave up.on Trestman. And they were competitive under Fox, they tried, the talent just wasn't there. As Kyle said, I wasn't completely aware of how conservative he was and that has gotten out of control. I don't think he's completely lost the team like Trestman but it's hard for them.to give it their all when he shows zero faith in the offense and the young QB.
-
Keeping it short and sweet
-
NCAA basketball thread 2017-18
LittleHurt05 replied to southsider2k5's topic in A and J's Olde Tyme Sports Pub
QUOTE (RockRaines @ Nov 29, 2017 -> 07:55 PM) We truly have the worst arena in the big ten. What a waste. Also the worst guards. It has such a cavernous NBA arena feel. -
Feel their dicks you said
-
NCAA basketball thread 2017-18
LittleHurt05 replied to southsider2k5's topic in A and J's Olde Tyme Sports Pub
QUOTE (Dick Allen @ Nov 29, 2017 -> 09:45 AM) No fan base takes it to the Illini fan extreme. The Illini get screwed every game. Their opponents never do. As an Illini fan, I support this statement. They tend to play the victim card very strongly. -
QUOTE (StrangeSox @ Nov 29, 2017 -> 06:43 AM) Oh good, Trump is spending the morning retweeting an extremely racist "Britain First" person posting Muslim-bashing videos E: and one of the videos is a snuff film He's your old relative on Facebook. Except for the whole leader of the free world thing. His aides should give him a side fake Twitter account that he thinks is the real deal, he probably wouldn't even notice.
-
QUOTE (Brian @ Nov 28, 2017 -> 12:47 PM) Ban her. It's not even a crash I want to watch every year anymore. She gone forever. But not after winning the $450k
-
I didn't watch the last Champs vs Stars but this coverage with the Miz is brutal. I'm holding on to watch the Camilla break down but this is not very watchable.
-
Last time Kyle will ever be correct
-
Arlington Heights native Jimmy Garropolo to start vs Bears on Sunday. I'll be in attendance, since my tickets are worthless and my friend who likes to drink and knows nothing about football wants to go. Perfect type of game to take him to. Fox is gone no matter what, but home losses to the 49ers or Browns would be the ultimate stain on his legacy.
-
Is the alphabet really that difficult?