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07-11-2007, 12:14 PM
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And I am happy with my plan. I'm comfortable with where I am financially and like I said before, I'm not complaining about the amount of taxes I have to pay.And do you know HOW wealthy you need to be to run for President. You need $100 million just to stand a chance.Hell, Mayor of NYC spent $5million on his race. Will any person who even KNOWS anybody with $100 million please stand up???? 
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07-11-2007, 03:27 PM
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Where did I say I think anyone should be so faithful that they have a job? Those jobs don't warrant being paid what the CEO of the company does. So do you believe he should just divide his money amongst his lowest skilled positions and give them all $30 per hour? Yeah, that'd be great for the economy. In most areas, the pay scales in this country are pretty fair as far as skill, education, RISK, talent and experience are required to obtain certain positions, jobs, careers, etc. Just because you didn't get hired to run Apple out of high school doesn't mean that they shafted you in favor of Steve Jobs. And however in your microscopic mind you can determine I was whining is beyond me... I'm proud of that because no matter what I paid, I was also fortunate enough to pocket plenty. And I only work for myself - just like anyone in this country who doesn't like their job working for someone else can do... I didn't say anything about running for President either. However, you have a much better chance of being influential if you have the money... You ever wondered how the Ken Lays and Mark Richs of the world have gotten away with things as bad as murder? The supply of athletes v. the demand of people wanting to see them perform plainly states that they deserve EVERY penny they get. Same thing with Fortune 500 CEOs - it only seems unfair to you because on your current career path, you can only pray to retire before you're 70. Edit: and I'm seriously wondering if this kid ever actually works out - between his half assed training advice and the amount of time he spends in here crying about not being treated fairly by the overly-conservative system, I can't see how he finds the time.
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07-11-2007, 03:36 PM
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im not going to even bother with him anymore. he comes to this site and has no input about bodybuilding. just whines about the american system just like you said.
__________________
"He is not human. He's like a piece of iron."
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07-11-2007, 03:37 PM
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lol, im shaking please dont bury me. 
__________________
"He is not human. He's like a piece of iron."
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07-11-2007, 03:41 PM
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__________________
"He is not human. He's like a piece of iron."
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07-11-2007, 03:43 PM
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07-11-2007, 03:44 PM
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__________________
"He is not human. He's like a piece of iron."
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07-11-2007, 04:33 PM
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Opend my IRA at 18, put in the max amount every year. It is kicking ass, and has grown to 3.5x what my total contributions have been. I might just be lucky but it has been a great investment so far. I also have a Roth IRA and a 401K plan, the Roth is going well the 401K is just average . I have a variety of other investments and %s of companies, the best advice I can give is do not put all your eggs in one basket.
Playing the market for most is the same as going to Las Vegas....it's a risk and most lose, sometimes because the game is fixed and sometimes because they don't know what they are doing.
__________________
Welcome... to Annexia.
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07-11-2007, 05:24 PM
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I was referring more to business and other ventures, such as real estate development, etc. Americans' mentality about how to become rich, for the most part, is completely skewed - live below your means, save, save, save, 401ks and IRAs, etc and when you're 70, you'll be able to enjoy the good life. I, for one, believe that mentality is garbage. First off, you have no idea how long you're going to be on this earth, and I'd prefer to enjoy life now. Aside from that, getting loaded has nothing to do with saving - I'm not saying squander your cash, that's foolish. But the way you get rich is via leverage. You have people and money making money for you while you're doing nothing. Maximize your productivity by doing as little as possible and still getting paid for it. You have money coming in from a business that other people are working, land being developed, rent being paid to you, dividends and other different avenues, you will become wealthy in a very short amount of time. Who the hell wants to work themselves to death? Haha, who the hell wants to work at all? Or, I suppose you can load up your 401k and IRA and when you turn 60, pay off those insane debts you've had to accrue to keep up with inflation. What I say isn't a big pipe dream or anything, it's completely real and achievable.
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07-11-2007, 05:32 PM
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i hear what you're saying. especially about real estate. all i am saying is that there is a place for a 401k. i do own some real estate. my house is paid off in NJ and is worth alot. i also own property in NC and FL. call me lazy but i just dont have the time to get into business ventures. i dont feel like i need it. i could retire today and live an average comfortable life if i chose to. i figure i just keep working since im still relatively young (im in my early-mid 30s).. keep funding my retirement accounts, invest in some property here and there and im happy. put my kid thru college (but then he'll have an advantage most others dont get). i make enough to do that and enough to enjoy my life at the same time. when i was younger it was all about becoming extremely wealthy. i was driven and worked super hard towards my goal. i guess as i got older that became less and less important. anyway, this is getting off topic. i wanted to get opinions on the fair tax.
__________________
"He is not human. He's like a piece of iron."
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07-11-2007, 05:40 PM
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 ). Sorry, back on topic.
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07-11-2007, 05:47 PM
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__________________
"He is not human. He's like a piece of iron."
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07-11-2007, 06:17 PM
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And seriously, I was on this site reading advice and giving it when i Can when you were ****ting green. I also wonder if I had conservative views if you guys would be questioning my workout frequency.
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07-11-2007, 06:36 PM
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Why not abolish gratuitous government agencies and cut spending? Eliminate the ridiculous amount of un-Constitutional spending and reduce the size and scope of the Federal government. Then we can eliminate taxes and other revenue generating governmental schemes.
Excerpt from The Fair Tax Fraud: There is only one word to describe the fact that the federal government now spends almost $3 trillion a year: obscene. At least 90 percent of what the federal government spends is unconstitutional, wasteful, or against the limited-government principles of the Founders. The only thing the FairTax does is change the way the state confiscates the wealth of its citizens. As Congressman Ron Paul (Republican Presidential candidate) says: "The real issue is total spending by government, not tax reform." Read the whole article here: The Fair Tax Fraud - Mises Institute Here are some downsides: The FairTax will make it easier for Congress to raise taxes. The initial rate of 23 percent is supposed to begin in 2007. For years after 2007, "the rate of tax is the combined Federal tax rate percentage." This combined percentage is the total of three things: the general revenue rate (stated to be 14.91 percent); the old-age, survivors and disability insurance rate; and the hospital insurance rate. This is all but saying that the rate will be adjusted every year. And it will be very easy for Congress to do so. To raise several billion dollars of additional revenue, all that will be necessary is for Congress to raise the tax rate by one percentage point by small adjustments in one or more of the three items that make up the combined percentage rate. It will be sold to the American people as "a penny for progress," or some other deceitful scheme. Under the FairTax system, there are no longer any Social Security and Medicare taxes. However, this does not mean that Social Security and Medicare will be eliminated. The inclusion in the combined percentage of the old-age, survivors and disability insurance and the hospital insurance rates means that the Ponzi scheme known as Social Security will continue as is—only the way it is funded will change. The "underground economy" that income tax advocates complain about will certainly increase under the FairTax system. Even if the highly dubious claim that there will be an "average producer price reduction of 22 percent for goods and services in just the first year after the adoption of the FairTax" is true, not having to pay a 23 percent tax on an item is a tremendous incentive to make a purchase in the "underground economy." The claim that the IRS will be eliminated under the FairTax is bogus. Although the national sales tax will be collected by the states from retailers, it is still a national sales tax, and as such, its collection will have to be overseen by some agency of the federal government. Just because the bureaucracy will no longer be called the IRS doesn't mean that it will be eliminated.
__________________
Pride is the recognition of the fact that you are your own highest value and, like all of man’s values, it has to be earned. Ayn Rand, Atlas Shrugged Last edited by Danimal; 07-11-2007 at 06:38 PM.
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07-11-2007, 06:43 PM
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Settle down dude, don't take it personal. JLozan is a conservative and I still think he's a b!tch. But you do spend an assload more time in here than in the training sections. Enough of this nonsense - I'm sorry Chauncey. I shouldn't have been like that to you. You've never done anything to me and I was wrong.
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07-11-2007, 09:32 PM
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__________________
Welcome... to Annexia.
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