omh2

46034 pts ยท March 28, 2018


you're claiming the principle of your mortgage as an expense on your taxes you're committing tax fraud and may want to look into that

4 years ago | Likes 1 Dislikes 0

My definition of rent-seeking does not cover 99% of businesses, go re-read it because covering costs is never at any point mentioned. PS. If

4 years ago | Likes 1 Dislikes 0

not a business expense, under no circumstance is a capital asset an expense.

4 years ago | Likes 1 Dislikes 0

I have very clearly laid out for you the difference and how rentals could work without being rent seeking. Your personal capital asset is

4 years ago | Likes 1 Dislikes 0

Only correction there marginal was still effectively 77% in 65, there's a surtax that is excluded in the doc I assume you are looking at

4 years ago | Likes 2 Dislikes 0

All current residential rentals in North America are rent-seeking. The concept of rentals is not necessarily rent-seeking

4 years ago | Likes 1 Dislikes 0

Uhuh, give that a try with how I told you the laymans test for rent-seeking works, you'll find restaurants are not rent-seeking

4 years ago | Likes 1 Dislikes 0

PS. I've already explained to you how non-rent-seeking rentals work. I don't take issue with renting homes. I take issue with rent-seeking

4 years ago | Likes 1 Dislikes 0

The interest on a mortgage could be argued as a maintenance cost. The principle absolutely is not. It's pure parasitic profit

4 years ago | Likes 1 Dislikes 0

The top marginal tax rate was 91% through 1963 it didn't drop to 77% until 64, and Nixon was the next to touch the marginal rates in 69

4 years ago | Likes 1 Dislikes 0

I'm the one who told you to google the concept and you came back with a dictionary definition you didn't understand.

4 years ago | Likes 1 Dislikes 0

I love how "are forced to" and "prefer" are synonyms to you.

4 years ago | Likes 1 Dislikes 0

free to actually research it if you would like to learn about it. Since clearly you don't want me to explain it to you.

4 years ago | Likes 1 Dislikes 0

I've pointed out previously Rent-seeking is a significant topic in economics, and the concept (name is newer) dates back 200+ years, feel

4 years ago | Likes 1 Dislikes 0

failure to reflect at all on the actual economics of landlording continues to demonstrate discussing them with you is a waste of time. As

4 years ago | Likes 1 Dislikes 0

Literally no-one wants to buy a house for you. Many would be perfectly happy paying maintenance costs + profit to rent a property

4 years ago | Likes 1 Dislikes 0

It's been 11 days since I was on the site. PS. I have plenty of thoughts on better systems and advocate for them just fine. As your complete

4 years ago | Likes 1 Dislikes 0

PS. the top marginal income tax rate dropped to 50% in 1982, but wanted to stay consistent on the reference years

4 years ago | Likes 1 Dislikes 0

The 80's and 90's are the world younger generations inherited after decades of tax cuts. top marginal rate of: 70% in 1980, and 28% in 1990

4 years ago | Likes 2 Dislikes 0

60 years ago was the 1960s, pre-Regan, pre-decades of tax cuts. The top marginal income tax rate was still 91% in the US

4 years ago | Likes 2 Dislikes 0

They did it because NASA got 4.5% of the federal budget, NASA has since been a favourite chopping board item to balance tax cuts <0.5% now

4 years ago | Likes 4 Dislikes 0