On 9/4/2013 10:03 PM, Mr. Luddite wrote:


"F.O.A.D." wrote in message ...

"Mr. Luddite" wrote:
"F.O.A.D." wrote in message
m...

On 9/4/13 7:13 PM, Mr. Luddite wrote:


"F.O.A.D." wrote in message
m...

On 9/4/13 6:45 PM, Mr. Luddite wrote:


"F.O.A.D." wrote in message
m...

On 9/4/13 4:44 PM, Mr. Luddite wrote:


"F.O.A.D." wrote in message

There's nothing mythical about depreciation allowances, and they
are
subsidies.

Period.

----------------------------

My business made significant investments in manufacturing and
engineering equipment. They were depreciated as allowed under tax
laws
every year. I never knew they were a "subsidy".




Same sort of subsidy as homeowners get on their mortgage interest.

-------------------------------------

How the heck is that a "subsidy"?

Does MD have an excise tax on automobiles like MA does?

Should you pay taxes on the current new value of a car, even if
it's 10
years old?

You don't think the home mortgage tax deduction is a subsidy of home
ownership?

---------------------------

No, I don't. I see it as a tax credit intended to encourage home
ownership for as many as possible.
It's not like someone else is paying the amount of the tax credit in
order for you to get it.

*That* would be a tax subsidy.



Many economists, especially some of those closely affiliated with
anti-tax groups, disagree with you.

-------------------------

Good. Let them disagree. Take away the mortgage interest deduction
and watch overall tax revenues *decrease* as the economy goes from
slow forward to dead stop.

------------------------------

BTW ... I have no dog in this fight. We don't have a mortgage. All we
pay is ridiculously high property taxes.

Since you can deduct those property taxes from your federal and probably
state tax return, you're receiving a subsidy there, too.

--------------------------

Good. (I have no idea .... our accountant does all that stuff).

I never thought of deductions as subsidies, but I guess I can see how
you can view it that way. I'll take it.
I know I've paid my share of taxes over the years.

He doesn't pay taxes, so anything that lessens his delinquency is, to
him, a subsidy. Even his room and board is 100% subsidized.

On 9/4/2013 10:19 PM, JustWaitAFrekinMinute wrote:
On 9/4/2013 8:03 PM, Mr. Luddite wrote:


"JustWaitAFrekinMinute" wrote in message
...

On 9/4/2013 5:24 PM, John H wrote:
On Wed, 04 Sep 2013 11:16:05 -0400, JustWaitAFrekinMinute
wrote:

On 9/4/2013 11:01 AM, wrote:
On Wed, 04 Sep 2013 08:16:53 -0400, JustWaitAFrekinMinute
wrote:

On 9/3/2013 5:57 PM, Wayne.B wrote:
On Tue, 03 Sep 2013 12:33:28 -0400, John H
wrote:

Our cabinet doors were opened, crap all over the floor, and
shelves broken.
What a mess.

===

Been there, done that, but we were in 8 to 10 foot waves at the
time.
All of our galley cabinets have heavy duty latches now.


I wonder what the speed limit was in that area, and how fast John was
going... I mean, if the roads were under construction, the speed
limit
could have been down around 40-45 in the city loop. Seems you
might be
moving a bit faster than that to do that kind of damage, and there
is no
way I am going to believe a "five inch" dropoff, all the way across
the
road...


I have seen it on the beltway. In fact a guy I know wiped out on one
of these "buckles" on a Sportster and I ended up fixing the bike for
him.



Not trying to indict John... just wondering about 5", seems even
outside
Boston that would be addressed somehow...

How's this, "The height may have been only 2-3", but felt like a half
foot!"

So accuse me of lying, as though I give a rat's ass. They were the
worst 'bumps' I've ever
experienced on a highway.

John (Gun Nut) H.


Sorry John, knew you would take it that way.. Just trying to keep a
handle on things in this conversation. Remember, the libs here are
waiting for us to screw up so they can get back to saying the whole
country is falling apart...... Lighten up, I know two inches at 65
probably felt like a foot.... I get it, I tow a lot up here, really I
do.....

---------------------------

This is a stupid conversation IMO, but what the hell, I'll throw in my
2 cents worth.

Ever notice that a speed bump taken at 30 mph isn't anywhere near as
upsetting to a vehicle as crawling over it at 2 mph?



Yes, I guess we all need that Lotus/Callaway Active Suspension from
those 80's Corvettes...

Give the guy a break. He drives a Saturn with a broken speedp.

On 9/5/2013 6:33 AM, F.O.A.D. wrote:
On 9/4/13 10:03 PM, Mr. Luddite wrote:


"F.O.A.D." wrote in message ...

"Mr. Luddite" wrote:
"F.O.A.D." wrote in message
m...

On 9/4/13 7:13 PM, Mr. Luddite wrote:


"F.O.A.D." wrote in message
m...

On 9/4/13 6:45 PM, Mr. Luddite wrote:


"F.O.A.D." wrote in message
m...

On 9/4/13 4:44 PM, Mr. Luddite wrote:


"F.O.A.D." wrote in message

There's nothing mythical about depreciation allowances, and they
are
subsidies.

Period.

----------------------------

My business made significant investments in manufacturing and
engineering equipment. They were depreciated as allowed under tax
laws
every year. I never knew they were a "subsidy".




Same sort of subsidy as homeowners get on their mortgage interest.

-------------------------------------

How the heck is that a "subsidy"?

Does MD have an excise tax on automobiles like MA does?

Should you pay taxes on the current new value of a car, even if
it's 10
years old?

You don't think the home mortgage tax deduction is a subsidy of home
ownership?

---------------------------

No, I don't. I see it as a tax credit intended to encourage home
ownership for as many as possible.
It's not like someone else is paying the amount of the tax credit in
order for you to get it.

*That* would be a tax subsidy.



Many economists, especially some of those closely affiliated with
anti-tax groups, disagree with you.

-------------------------

Good. Let them disagree. Take away the mortgage interest deduction
and watch overall tax revenues *decrease* as the economy goes from
slow forward to dead stop.

------------------------------

BTW ... I have no dog in this fight. We don't have a mortgage. All we
pay is ridiculously high property taxes.

Since you can deduct those property taxes from your federal and probably
state tax return, you're receiving a subsidy there, too.

--------------------------

Good. (I have no idea .... our accountant does all that stuff).

I never thought of deductions as subsidies, but I guess I can see how
you can view it that way. I'll take it.
I know I've paid my share of taxes over the years.


I'm sure your accountant finds you every deduction to which you are
entitled.

I'll bet you don't have an accountant or even a tax preparer.

On 9/5/2013 11:12 AM, wrote:
On Thu, 5 Sep 2013 07:53:28 -0400, iBoaterer wrote:

In article ,
says...

So you admit Amtrak is a welfare program.

I admit that Amtrak receives subsidies, and never said otherwise. But I
am bright enough to know and understand that the airline industry does
as well!

It is not really a subsidy if the money comes from the airline
passengers themselves. It is just another fee, like paying for luggage
or a drink.
Amtrack passengers get a certain percentage of their ride paid for by
taxpayers who have never ridden on a train.


Ahha. Taxation without representation. Leveling the playing field,
robbing Peter to pay Paul. etc.

In article ,
says...

On Thu, 5 Sep 2013 07:53:28 -0400, iBoaterer wrote:

In article ,
says...

So you admit Amtrak is a welfare program.

I admit that Amtrak receives subsidies, and never said otherwise. But I
am bright enough to know and understand that the airline industry does
as well!

It is not really a subsidy if the money comes from the airline
passengers themselves. It is just another fee, like paying for luggage
or a drink.
Amtrack passengers get a certain percentage of their ride paid for by
taxpayers who have never ridden on a train.

As does the airlines. I've shown you over and over, you just refuse to
see it.

On Wed, 04 Sep 2013 22:42:10 -0400, wrote:

On 5 Sep 2013 00:42:17 GMT, F.O.A.D. wrote:

BTW ... I have no dog in this fight. We don't have a mortgage. All we
pay is ridiculously high property taxes.

Since you can deduct those property taxes from your federal and probably
state tax return, you're receiving a subsidy there, too.

Most people without a mortgage, don't have enough deductions to
itemize.

Gifts to charity, state, and property taxes allow my itemization.

John (Gun Nut) H.
--

Hope you're having a great day!

On 9/5/13 12:05 PM, wrote:
On Thu, 5 Sep 2013 11:20:46 -0400, iBoaterer wrote:

In article ,
says...

On Thu, 5 Sep 2013 07:53:28 -0400, iBoaterer wrote:

In article ,
says...

So you admit Amtrak is a welfare program.

I admit that Amtrak receives subsidies, and never said otherwise. But I
am bright enough to know and understand that the airline industry does
as well!

It is not really a subsidy if the money comes from the airline
passengers themselves. It is just another fee, like paying for luggage
or a drink.
Amtrack passengers get a certain percentage of their ride paid for by
taxpayers who have never ridden on a train.

As does the airlines. I've shown you over and over, you just refuse to
see it.

You have shown where the money goes but you ignore where it came from.
The money the federal government spends on airlines comes from ticket
taxes. There is a separate tax for some of the services (airport tax,
TSA tax, ATC tax) plus a 7.5% slush fund tax for everything else.
It is a user fee.
The airline itself is a private company that needs to price the ticket
itself high enough to pay their bills and return money to the stock
holder.

Amtrak can't even cover the price of running the train from their
ticket price and all of the other money comes from the general public.
If Amtrack actually charged a fair price, Harry's ticket to Florida
would be about $1500 and that would still not cover terminal, track
and security costs.



Naw. Our ticket prices would still be... $0.00 for the overnight sleeper.

On Thu, 05 Sep 2013 14:45:31 -0400, wrote:

On Thu, 05 Sep 2013 14:04:09 -0400, John H
wrote:

On Wed, 04 Sep 2013 22:42:10 -0400, wrote:

On 5 Sep 2013 00:42:17 GMT, F.O.A.D. wrote:

BTW ... I have no dog in this fight. We don't have a mortgage. All we
pay is ridiculously high property taxes.

Since you can deduct those property taxes from your federal and probably
state tax return, you're receiving a subsidy there, too.

Most people without a mortgage, don't have enough deductions to
itemize.

Gifts to charity, state, and property taxes allow my itemization.

John (Gun Nut) H.

You must have some humongous taxes. My real estate taxes are $1600 and
no state income tax.

Last year's state income tax, real estate and property taxes came to over 15K.

If I could convince my wife to move to NC, we'd probably save about 12K of that.

John (Gun Nut) H.
--

Hope you're having a great day!

In article ,
says...

On Thu, 05 Sep 2013 15:11:41 -0400, John H
wrote:


Last year's state income tax, real estate and property taxes came to over 15K.


YIKES !

For that kind of money I would want the state to mow my lawn, clean my
pool and shovel the driveway.

Instead you just get renegade cops who sink your boat

Reminds of the joke about the guy goes to NYC for the first time, never
been to a big city. A scantily dressed lady walks up to him and says
"I'll do anything you want for $50. He looked at her and said
"ANYTHING" she said, "Yes, anything." He thought for a minute, turned to
her and said "Deal, paint my house"!!!

On Thu, 05 Sep 2013 15:25:11 -0400, wrote:

On Thu, 05 Sep 2013 15:11:41 -0400, John H
wrote:


Last year's state income tax, real estate and property taxes came to over 15K.


YIKES !

For that kind of money I would want the state to mow my lawn, clean my
pool and shovel the driveway.

Instead you just get renegade cops who sink your boat

Were those Virginia guys? I didn't pay that much attention. I thought they were DC cops.

John (Gun Nut) H.
--

Hope you're having a great day!