Here's some economics 101 for you Dems to chew on | TigerDroppings.com

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Ton Chou
LSU Fan
On the Levee
Member since Feb 2010
335 posts

Here's some economics 101 for you Dems to chew on


So I got my first check of the year on Friday and it looks like with the tax changes and the increase in health insurance I'll be playing with about $500 less a month between my check and my wifes so here's what will happen:

I'll call the cable company and go down to a lesser package, cut my cell phone data plan, tell the pest control guy I'll handle it from here, do some of the projects around the house myself instead of hiring someone to do it, not go out to eat as much, pass on the hunting and fishing equipment I'd like to buy, bring my lunch to work more often, wait a little longer to get a newer vehicle, etc. Yeah, just my pulling out of contributing to the local economy won't hurt, but if 40 million others in the country are doing the same, what do you think will happen?

The cable company will lay people off, the pest c ontrol guy will go out of business, the waitress at the restaurant will be let go and drop out of school, the carpenter will be out of business and the person I would have bought the vehicle from may lose their place to live cause they couldn't pay the rent or the mortgage. Then they will all go on public assistance to make ends meet.

Keep on taxin!







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Willie Stroker
LSU Fan
Houston...ish
Member since Sep 2008
4380 posts

re: Here's some economics 101 for you Dems to chew on


The stimulus package still says Thank You, but work harder. Green energy needs you to do more too.







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LSUgusto
Member since May 2005
16243 posts

re: Here's some economics 101 for you Dems to chew on


But, do you not see you are voting against your own best interest???






By the way, I'm giving up my LSU season tickets. Just not worth it anymore. Been in my family since the stadium expansion in the 20s.






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Turkey_Creek_Tiger
USA Fan
Turkey Crick, LA
Member since Dec 2012
11285 posts

re: Here's some economics 101 for you Dems to chew on


Your talking to a wall. For liberals to understand this they would have to think logically. That is impossible because if a liberal thought logically then they wouldn't be a liberal.

Logical Liberal = Oxymoron






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Patrick O Rly
New Orleans Saints Fan
y u do dis?
Member since Aug 2011
36717 posts

re: Here's some economics 101 for you Dems to chew on


quote:

The stimulus package still says Thank You,


BS. It would say thank you if it was big enough.






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Jake88
George Mason Fan
Member since Apr 2005
7859 posts

re: Here's some economics 101 for you Dems to chew on


quote:

plan, tell the pest control guy I'll handle it from here, do some of the projects around the house myself instead of hiring someone to do it, not go out to eat as much, pass on the hunting and fishing equipment I'd like to buy, bring my lunch to work more often,


I've been doing exactly that since the economically illiterate spokesman for the executive branch was reelected.






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Jake88
George Mason Fan
Member since Apr 2005
7859 posts

re: Here's some economics 101 for you Dems to chew on


quote:

By the way, I'm giving up my LSU season tickets.


Keep them and resell them for a profit.






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SenseiBuddy
LSU Fan
InternetBadAssVille
Member since Oct 2005
3670 posts

re: Here's some economics 101 for you Dems to chew on


Me too. Cutting back on lots of stuff.






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LSUgusto
Member since May 2005
16243 posts

re: Here's some economics 101 for you Dems to chew on


quote:

Keep them and resell them for a profit.

If I lived in Baton Rouge, I could probably pull that off. Unfortunately, living in Lafayette, I almost have to give some tickets away just to cover games I don't go to. All the damned fees have ruined it for me. I'm a working-class scrub. LSU wants its $$$, but Sec. 303 is losing one of its last wild and crazy die hards.






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Eighteen
LSU Fan
Member since Dec 2006
16464 posts

re: Here's some economics 101 for you Dems to chew on


quote:

By the way, I'm giving up my LSU season tickets. Just not worth it anymore. Been in my family since the stadium expansion in the 20s.



Dude just buy them and sell the full season ticket package to someone before the season at your exact cost, don't lose any but don't gain any...but you keep the rights. That way if later on down the line you can keep them for yourself again.

I guarantee you can set this up with someone, even here on the ticket exchange.

It would be awful to give up the tix, you can never get them back






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Jake88
George Mason Fan
Member since Apr 2005
7859 posts

re: Here's some economics 101 for you Dems to chew on


quote:

If I lived in Baton Rouge, I could probably pull that off.


There is no LSU ticket exchange? I've used it for Saints' games and made enough to cover the next year's tickets.






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Tyrusrex
LSU Fan
Member since Jul 2011
329 posts

re: Here's some economics 101 for you Dems to chew on


So the reason why our taxes are higher is because the 2% Payroll Tax deduction expired. Obama said that he wanted to keep the tax deduction and the Republicans said they were opposed to any tax increase but obviously the proof is in your higher taxes. Payroll taxes are an extremely regressive taxes in that it hits middle class and lower incomes the hardest as it only affects the first $106,000 of income.

Republicans in the past have tried to get rid of the Payroll tax deduction before in the past (which would've raised your tax bill_. LINK
So to claim that this is only because of liberals is just seeing half the picture. Both sides just didn't want to fight hard enough to keep the Payroll tax deduction which they both claimed they wanted to keep, which is why your taxes are higher.






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catnip
LSU Fan
Member since Sep 2003
10295 posts
 Online 

re: Here's some economics 101 for you Dems to chew on


I make less than 14,000 per year. They said that taxes won't go up, I assume Payroll taxes. And they haven't, but SS taxes went from 4.2% to 7.9%. I take it to mean that its back to where it was before Bushes tax cut. Still a good trade off. No lying or just not telling all the story like libs usually do?





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Badman
LSU Fan
West Monroe, LA
Member since Nov 2009
1430 posts

re: Here's some economics 101 for you Dems to chew on


quote:

Then they will all go on public assistance to make ends meet.


You guys don't get it. That's exactly what they want.






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Tyrusrex
LSU Fan
Member since Jul 2011
329 posts

re: Here's some economics 101 for you Dems to chew on


quote:

I make less than 14,000 per year. They said that taxes won't go up, I assume Payroll taxes. And they haven't, but SS taxes went from 4.2% to 7.9%. I take it to mean that its back to where it was before Bushes tax cut. Still a good trade off. No lying or just not telling all the story like libs usually do?


Payroll taxes are the taxes taxes they take out for SS and Medicare.






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Burt Reynolds
Florida State Fan
L.A.
Member since Jul 2008
15750 posts

re: Here's some economics 101 for you Dems to chew on


quote:

SS taxes went from 4.2% to 7.9%.

you'll never see that money again. frick the federal gov.






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LSUgusto
Member since May 2005
16243 posts

re: Here's some economics 101 for you Dems to chew on


quote:

just buy them and sell the full season ticket package to someone before the season at your exact cost
I'd do that if I knew them well enough. I wouldn't want seats in my name to go to someone I don't know and trust.






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los angeles tiger
LSU Fan
1,601 miles from Tiger Stadium
Member since Oct 2003
55976 posts

re: Here's some economics 101 for you Dems to chew on


Gusto, another suggestion is to sell them to an alumni chapter from out of state or just the big game ones.





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LSUgusto
Member since May 2005
16243 posts

re: Here's some economics 101 for you Dems to chew on


An alumni chapter from Cali, perhaps?

Tell you what... y'all have given me some options to consider. I'll think about it and explore a few avenues. Personally, though, I'm a bit torn. I feel like I've been on the ride of a lifetime having followed LSU football from the Hallman years to the powerhouse reign. I sense LSU is about to be on a downslide with Miles and the expanded conference. Plus, it's just not the same with all the high-dollar demands and VIP crap. It doesn't feel like LSU anymore, it feels hoity-toity, which isn't me, or my family history. Maybe I'm just moving on. Oh well, sorry to spew, but it is an emotional dilemma.






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Willie Stroker
LSU Fan
Houston...ish
Member since Sep 2008
4380 posts

re: Here's some economics 101 for you Dems to chew on


quote:

BS. It would say thank you if it was big enough.


She's a lazy, gluttonous do nothing pig with raw, suckled tetes, but she is indeed grateful.






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