DOT Proposes Speed limiter

Discussion in 'Trucking Industry Regulations' started by LBZ, Aug 26, 2016.

  1. lfod14

    lfod14 Road Train Member

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    haha, was trying to be sarcastic, I failed.
     
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  3. Brettj3876

    Brettj3876 Road Train Member

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    Yea I know @MACK E-6 didn't feel like giving the full explanation.

    @Cowpie1 we have a psa mil spec ar, few thousand rounds and not one jam or mis fire. Burris 4-16x50 with 77 sierra match kings you don't want to be within 600yd of me. And I also love the m-14 platform over a 308 ar. We also have a low serial # Norinco sks with 40rd mags and a mosin I forgot to mention.

    Give me a bit and I'll show you some 1 hole 5 shot groups at a 100yd with the 22/250 and a 10 shot 1in group.

    308, 7mm08, 6.5-284 are all 1000yd guns with the 6.5 being a 1250-1300yd gun with hot hand loads
     
  4. Cowpie1

    Cowpie1 Road Train Member

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    I am sure many get reliability out of their AR's. Doesn't really matter. I knew first hand what they were like in the jungle. No thanks. First impressions are lasting impressions. I get sub MOA out of a Savage 116 using Hunting Shack 30.06 165gn factory loads. Don't feel the need to go exotic.
     
    Last edited: Sep 8, 2016
  5. Guntoter

    Guntoter Road Train Member

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    You don't know me, I don't "live in fear everyday". I made a living driving race cars for a few years, I ride Harley Davidson's (with no helmet)... I fly dirtbikes at 40+ years old...

    There is a big difference between protecting your CDL and "living in fear every day".
     
    Last edited by a moderator: Sep 11, 2016
    Reason for edit: Fixed quote, insult removed
  6. Cowpie1

    Cowpie1 Road Train Member

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    Uh, oh.... another "my junk is bigger than your junk" moment. The thing is, even the FMCSA admits that final implementation of any speed limiter mandate will take quite a while, maybe years. Folks act like it will be next month. There is still way too much to work out before they will be able to implement anything. All they have done is put out the proposal and are asking for public comments. Like I stated, it must be terrible living every day worrying that the worse can happen. These very same arguments and fears were thrown about back in 91/92 when the CDL was going to be forced on everyone. Now you claim you are trying to protect your CDL. Wow, how far we have come. From the days of many having fears over the CDL to now worrying about how to protect it. Even the best comedic writers couldn't have dreamed this up.
     
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  7. Dharok

    Dharok Medium Load Member

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    We need to demand hourly wage.. start pay of $20.00 for less than a year and more for over. With overtime of course, after 8 hours. Per diem pay also for every day out.. then all I'd care about is getting my hours, traffic jams won't bother me one bit, and with an automated transmission, even better...

    #itcanbedone2016
     
  8. Dharok

    Dharok Medium Load Member

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    Share share share! Pm please :), going. Back to a mega, 62.7mph because of idle time lol
     
  9. Cowpie1

    Cowpie1 Road Train Member

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    I'm ahead of that game. When I changed my setup over to an LLC with an S Corp tax structure, I put myself on weekly W-2 salary, irregardless of miles or hours, if the truck moves or not.

    Any carrier could do the same thing. A base salary, say, $750-$800 (that would be $18.75 - $20.00 an hour on a 40 hr week), maybe $1000, a week tied to a base number of miles. Once the base number of miles reached and exceeded, then bonus (not some stupid penny a mile nonsense) be paid over the base salary for exceeding the base level of miles. The driver would always have minimum paycheck and have the incentive to do more. Base salary would have both income tax and SSI taxes taken out, but bonuses would have only income tax, thereby having smaller taxes taken as opposed to normal payroll. Bonuses are not subject to SSI taxes. So a driver that would try to work and exceed the base level would not only get more money for doing so, but keep more of if as well.

    With my setup, I pay myself a base salary ($750 a week), subject to income tax and SECA, then any profits are distributions to me and only income tax is applied. The same principle as the last paragraph. I save thousands every year in taxes. There is no reason a carrier could not do the same type of thing with a employee driver, using what I outlined in the last paragraph based on the same principle.

    Then we could all move beyond this stupid per mile nonsense and even get beyond the per hour thing as well. On a per hour method, which would be considered normal payroll, every single dollar you make would be subject to both income tax and social security taxes. Roughly 22 cents of every dollar in taxes. By doing it the way I outlined, that 22 cents would only be per dollar on the base salary. Bonuses would avoid the SSI tax portion, so the driver would keep even more of what they earn.

    Don't confuse this with the per diem nonsense that gets thrown around at some carriers. That is a ponzi scheme to help the carrier more than the driver. With what I outlined, the driver would still have full deductibility of daily allowance for meals (80% of $63 a day) on their taxes. The driver still comes out ahead.
     
    Last edited: Sep 11, 2016
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  10. gokiddogo

    gokiddogo Road Train Member

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    You don't want the government meddling in what people are paid to perform work. Let the free market be.
     
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  11. Zeviander

    Zeviander Road Train Member

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    Good luck with that. Carriers already justify slave wages because rates are so low. Do that and they won't be able to afford drivers.
     
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