Amazon now a Freight Brokerage, Slashing rates 30% below market nationally.

Discussion in 'Freight Broker Forum' started by x1Heavy, Apr 28, 2019.

  1. LoneRanger

    LoneRanger Road Train Member

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    Lower percentage is on capital gains not income tax, Big difference when it comes to tax brackets vs capital gains taxes.


    Please don’t mix the both together, the top tax bracket is 37% for the top earners on a w2.

    Investments is totally different, investors take the risk they should get a better deal.

    It’s not my fault that the way to get rich is to take risks and invest.


    I’m not an accountant but I am a high school drop out that made millions and lost it all in big gambles, government taxes and knock off artists.

    I paid a lot more then my employees that’s for sure, a lot more.
     
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  3. Midwest Trucker

    Midwest Trucker Road Train Member

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    Love this video. Not political just facts.
     
  4. smokey12

    smokey12 Road Train Member

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    Two retired veterans I know, one of them a 2 time Vietnam combat vet, both had to pay 2500 in taxes this year instead of getting a refund as in years past. Shameful when you serve your country and have to pay taxes when your 80 plus years old. Something with this new tax plan ain't right. Company driver per diem is gone..the loss of these deductions also affects others, pilots, traveling salesman etc. Before long we will lose our home mortgage deduction..its all we got left
     
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  5. x1Heavy

    x1Heavy Road Train Member

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    FDR Busted up the monopolies back in about 1933 I believe. I'll have to look it up. I also think back further to the Gensing Mountain Uprising where the Miltiary was called in to break up the killing among the workers striking etc.

    Im sorry if I misconstrued your post as political. Let's see if we can talk about industry in a history lesson instead and maybe talk things over until the cows come home.

    It's really hard to work around the political limitation using words to try and explain things that has happened in our history for and against workers who are just ordinary americans. I try to stay in a history state of mind. Maybe learn something.

    Be well. Catch you on the flip side.
     
  6. Midwest Trucker

    Midwest Trucker Road Train Member

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    Did they get more in their checks throughout the year? That seems to be the common theme for people that saw less at tax time. People dont really think about that.
     
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  7. DUNE-T

    DUNE-T Road Train Member

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    I saved about $6k with new tax law with my two businesses. My retired seventy years old in laws saved about $1000
     
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  8. LoneRanger

    LoneRanger Road Train Member

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    I’m guessing the new way things are working is the ones who paid before are paying less and the ones who didn’t pay before are paying now.
     
    Dino soar and Midwest Trucker Thank this.
  9. Slowmover1

    Slowmover1 Road Train Member

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    Tax STRUCTURE is now different.

    That’s the way to approach it. Need a CPA with brains.
     
  10. Freddy57

    Freddy57 Road Train Member

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    So Amazon opening a brokerage is now affecting tax rates??? Interesting.
     
    Western flyer Thanks this.
  11. repo men are already grabbing trucks and trailers. Seen the Local KW and Utility Trailer with a drop yard full of (New-used) trailers and the KW with trucks in back lot.

    hmmmmmm
    amazoncrash1.jpg amazoncrash3.jpg 2crash.jpg

    Not really worried about amazon. They are still having problems with moving their own trailers. What makes you think they can do any different with someone elses product.
     
    JonJon78 and Freddy57 Thank this.
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