Reply
  • Oct 19, 2020

    Damn GRODT not even that good anymore frfr

  • Oct 19, 2020
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    1 reply
    applesaucy

    Ok, so you think people are going to prefer to move to bad neighborhoods just to have to use poor transit in order to work meanial jobs? Yeah i bet. I also bet those elusive rich people are going to buy those overpriced buildings with no upkeep in a s***ty location because theh can put New York in their postcards

    What does any of that have to do with what I said ?

    We were talking about rich people

    I never said anything about working class

  • Oct 19, 2020
    Oblivion X

    But doesnt that not only affect people who passed the 400k threshold

    Nope, that goes up for everyone. It’s pretty much 20% for everyone right now (for long term gains) .

    If you trade any stocks or crypto, you’re essentially effed if that goes to 40% (more with state taxes too)

  • Oct 19, 2020
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    1 reply
    BillyShears

    Can’t wait til I’m taxed 62%

    as long as it helps people id be fine with it

    but it's america so our taxes do not help us in any way whatsoever

    so that is why we hate taxes

  • Oct 19, 2020
    applesaucy

    You said "young talent is moving to NYC" as if that is going to help the market when it isnt, and im telling you why it isnt. No matter if they live in the city or on the outskirts the truth of the matter is simple supply and demand. If the "rich" or upper middle class have to pay more then they won't be giving more, and those cuts start at new hires.

    Tell em!

  • Oct 19, 2020
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    1 reply
    SlimeySpider

    What does any of that have to do with what I said ?

    We were talking about rich people

    I never said anything about working class

    Jesus christ, rich people arent going to just dole out free money to s*** that isnt going to make sense financially! You don't make a million being an idiot and spending it all on the first thing you see. I said in the fkn post they arent going to buy overpriced buildings and subsidize these new hires so theres NO benefit in rich people moving to NYC

  • Oct 19, 2020
    NBA GameBoy

    Trump’s tax plan gave permanent tax cuts to the richest people in the country and temporary tax cuts to the middle class

    all the tax brackets were lowered tho.

    But either way they should be lower

  • Oct 19, 2020
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    1 reply
    applesaucy

    You said "young talent is moving to NYC" as if that is going to help the market when it isnt, and im telling you why it isnt. No matter if they live in the city or on the outskirts the truth of the matter is simple supply and demand. If the "rich" or upper middle class have to pay more then they won't be giving more, and those cuts start at new hires.

    I never said it was or wasn't going to help the market ?

    You literally said 'there is no point for rich people to live in nyc, sf, etc'

    I am telling you there are a wide variety of reasons for rich people to live there

    take some adderall and stay on topic bro

  • Oct 19, 2020
    hey man relax

    another great politics thread on ktt2! great job everybody

    The thread is pretty tame actually.

  • ELI

    Imagine thinking this plan will actually pass in a Corporate House , Senate, and White House

    It’s possible. Dems are probably about to win the senate and the presidency.

  • Oct 19, 2020

    ktt economics. huh.

  • Oct 19, 2020
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    1 reply
    applesaucy

    Jesus christ, rich people arent going to just dole out free money to s*** that isnt going to make sense financially! You don't make a million being an idiot and spending it all on the first thing you see. I said in the fkn post they arent going to buy overpriced buildings and subsidize these new hires so theres NO benefit in rich people moving to NYC

    How are they dolling money out to s*** ? They are dolling money out to be competitive in their industry

    If these companies are getting the best talent in cities like NYC and SF they will continue hiring people. A corporate tax increase (that isn't even as high as it was before trump) won't make all these well established corporations and companies leave.

  • Oct 19, 2020
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    1 reply
    SlimeySpider

    I never said it was or wasn't going to help the market ?

    You literally said 'there is no point for rich people to live in nyc, sf, etc'

    I am telling you there are a wide variety of reasons for rich people to live there

    take some adderall and stay on topic bro

    Oh f*** off, ive already explained why your "reasons" are basuda. Fact is its much more advantages for a rich person to go to TX or an untapped market like Utah which is why those flyover states constantly make the "cities best to start business in" lists. Theres nothing in big cities to entice the rich

  • Oct 19, 2020
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    2 replies
    applesaucy

    Oh f*** off, ive already explained why your "reasons" are basuda. Fact is its much more advantages for a rich person to go to TX or an untapped market like Utah which is why those flyover states constantly make the "cities best to start business in" lists. Theres nothing in big cities to entice the rich

    Ok do you honestly believe most VCs and investors don't live in San Francisco or NYC ?

  • Oct 19, 2020
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    edited
    ·
    3 replies
    SlimeySpider

    How are they dolling money out to s*** ? They are dolling money out to be competitive in their industry

    If these companies are getting the best talent in cities like NYC and SF they will continue hiring people. A corporate tax increase (that isn't even as high as it was before trump) won't make all these well established corporations and companies leave.

    The best talent cant AFFORD to be around those cities is what im telling you. The companies see no INVESTMENT in those cities if the cost is too high. Apple has offices in India FOR A REASON.

  • Oct 19, 2020
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    2 replies

    tryna take 62% of anyone’s money is f***in theft, idc how much they have or how much is taxed after a certain dollar amount or what. the government is not entitled to 62% of any dollar that anyone makes.

  • Oct 19, 2020
    SlimeySpider

    Ok do you honestly believe most VCs and investors don't live in San Francisco or NYC ?

    Innovation isn’t really happening in those places anymore so yeah, it’s trending in the opposite direction. Especially in post covid world

  • Oct 19, 2020
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    1 reply
    applesaucy
    · edited

    The best talent cant AFFORD to be around those cities is what im telling you. The companies see no INVESTMENT in those cities if the cost is too high. Apple has offices in India FOR A REASON.

    Tell em!

    Mother f***ers acting like the US isnt losing companies left and right as is.

    Mexico and china been winning.

  • Oct 19, 2020
    SlimeySpider

    Ok do you honestly believe most VCs and investors don't live in San Francisco or NYC ?

    They wouldn't MOVE here, which is my point. They may live here already because they are granfathered in but with tax increases they are much more likely to move or never return

  • Oct 19, 2020
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    2 replies
    ChiefSosa

    tryna take 62% of anyone’s money is f***in theft, idc how much they have or how much is taxed after a certain dollar amount or what. the government is not entitled to 62% of any dollar that anyone makes.

    its marginal

  • Oct 19, 2020
    ·
    3 replies
    applesaucy
    · edited

    The best talent cant AFFORD to be around those cities is what im telling you. The companies see no INVESTMENT in those cities if the cost is too high. Apple has offices in India FOR A REASON.

    How do these companies see no investment but still open up more offices in NYC, like Amazon does

  • Oct 19, 2020
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    1 reply
    Snow Tha GOAT

    its marginal

    What does that mean exactly?

  • Side Nigha

    Yea as a single person s*** maybe if you’re smart at budgeting and in your early 20s but s*** man I can’t imagine total cash flow of under 150k in many parts of jersey if you have a family.

    What part of Jersey u in if u don’t mind me asking

  • Oct 19, 2020
    ·
    2 replies
    ChiefSosa

    tryna take 62% of anyone’s money is f***in theft, idc how much they have or how much is taxed after a certain dollar amount or what. the government is not entitled to 62% of any dollar that anyone makes.

    Even if was a billion dollars?

  • Oct 19, 2020
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    2 replies
    Moscato

    How do these companies see no investment but still open up more offices in NYC, like Amazon does

    Does jeff bezos make 400k a year?

    Stop talking about amazon

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