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Favorite team:Iowa 
Location:Heaven
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Number of Posts:4851
Registered on:12/9/2013
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re: The Federal Tax System burden on Small Business Self Employed is Insufferable - Iowa Golfer
Small businesses should be the largest proponent of the 15% pass through provision in Mr. Trump's plan. We'd still be well below what the rate for Bank of America is. The issue with the flat taxes proposed is very few define what taxable income is. Uncertainty is not good. What if you're 3 y...
Posted on Money Talk
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re: Amended overtime dollar amount mean more jobs, not fewer - Iowa Golfer
The numbers are just incorrect. Hourly wage for conversion from salary to hourly is incorrect. Also assuming this costs the employer $35,568, when in fact the increased cost is only about $17-$18K. Because if there was going to be overtime, the employer would be paying the previous wage before the r...
Posted on Political Talk
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re: Serious Question about Gold/Silver In Venezuela currently - Iowa Golfer
I would think that if one had enough money and forethought to purchase gold, or another hedge (not as a major part of a portfolio, but maybe 4-9% in the aggregate), one would A) have enough smarts to read the writing on the wall, and leave the area/situation before it was too late, and B) have enoug...
Posted on Money Talk
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re: Amended overtime dollar amount mean more jobs, not fewer - Iowa Golfer
You're not figuring increased cost of labor, you're figuring total cost of labor. Increased cost is only the increase in hourly wage, not total wage, multiplied by 10 employees, for 1000 hours annual. Wouldn't your figure by closer to 50K? I did that quick, but pretty sure I'm not missing any...
Posted on Political Talk
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re: Hypothetical situation - Iowa Golfer
Give yourself a lot of credit. Invest, but buy memories and experiences for you, your wife and your kids. Not things, but memories and experiences. Personally, I'd make the kids get some sort of job, and make some sort of contribution to their college education when they're at the age that is ap...
Posted on Money Talk
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re: Business Owners: Tax moves you've done? - Iowa Golfer
You could reimburse your milage. So let's say you put on 30K a year in business miles. That's .515 per mile I think. So you're an s-corp. You're taking off unreimbursed employee expenses on your personal return. e.g. about $15.5 a year. So have your s-corp reimburse half of that. So about $7,800 com...
Posted on Money Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
[quote]re: US Steel: There's An Inconvenient Truth To ItPosted on 5/23/16 at 6:36 pm to Iowa Golfer quote: Iowa Golfer What relative gave you the money that inflated your incoherent ego?[/quote] My father never made over $10K his entire life. I got a $500 US Gvt. savings bond when I went to colle...
Posted on Political Talk
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re: Kristol & #NeverTrump's Presidential Candidate wants to run (update) - Iowa Golfer
[quote]So I think what your trying to say here is that a REIT may not be a good benchmark for comparisons to the Trump Organization. You would be correct - Trump has massively underperformed REITs over his career.[/quote] Well, any publically traded company. And I don't have an issue with you, bu...
Posted on Political Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
[quote]Now that, boys and girls, is how pretentiousness is done[/quote] Upvote to you. Not my best effort, but I was rushed. Distracted. I'll try to be better next ime. :lol:...
Posted on Political Talk
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re: Amended overtime dollar amount mean more jobs, not fewer - Iowa Golfer
[quote]Let me explain. Jill is making $47000 right now, on salary, no overtime. $22.60 hourly wage. If she works 60 hours a week, her employer will have to pay her for 20 more hours, at an overtime rate of $34.20. That is $684 per week, or $35,568. That is enough money to hire another worker as oppo...
Posted on Political Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
[quote]Hard to say but simply talking through ramp up involves rehire for both major mills providing bids. Timken is down over 40% headcount, for example.[/quote] That's my point. Now I have no experience outside of an inactive interest in a scrap yard, and stainless is our game, and money maker....
Posted on Political Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
[quote]You amuse me[/quote] Fine, but honest question, why would I care what your reaction is? I don't need an answer, but I'm giving you some insight into how I think. I don't have an issue with you, you mostly leave yourself open to counter arguments and opinions. But again, I don't care how yo...
Posted on Political Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
[quote]let's be fricking honest, USW[/quote] Part of the reason, or all of it in your opinion? ...
Posted on Political Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
[quote]No sir, thats exactly what you did. There is no reason in this world to use that spec unless you are exporting that steel to China[/quote] No good reason anyway. But I'm willing to see if there might be a reason. But it's backwards otherwise. And entertaining. ...
Posted on Political Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
[quote]If you notice his 300% higher price happens to be the same amount as the Tariff recently put on Chinese steel. He was trolling to see how many would react. However, the first response sniffed it out.[/quote] I'm not sure this was his intent. He keeps posting a spec to be made in the US, an...
Posted on Political Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
[quote]best words[/quote] The school teacher told Dan Quayle to put an e at the end of potatoe. I put e's on the end of word on this board a lot. Inside baseball. I'm easily entertained. ...
Posted on Political Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
I see. His post was fairly detailed for a message board, and it is his obligation to go into greater detail becuase you're not familiar with this particular steel specification? We've been through this exact thing before. Deja vue. Specifically the same things, although about Chinese steel mostl...
Posted on Political Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
Thanks for your post, once again proving you have no idea, no idea what so ever, about what is being discussed. Which I think is a frequent occurrence as you muddle through life stealing a paycheck. Why don't you demand he post inks to explain what this steel specification is. That would take lon...
Posted on Political Talk
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re: US Steel: There's An Inconvenient Truth To It - Iowa Golfer
Someone might want to use substandard steel. That's possible based on what little information he provided. And the US Mfg's might have told him to go pound sand. But he said he had some offers, which really makes this interesting to me. Also, such little understanding by some about how a tariff w...
Posted on Political Talk
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re: Kristol & #NeverTrump's Presidential Candidate wants to run (update) - Iowa Golfer
[quote]“They don't know what they're talking about,” Trump said in an interview with CNN on Tuesday evening.[/quote] :rotflmao: :rotflmao: :rotflmao:...
Posted on Political Talk
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