Warning all leased O/O

Bezos & Amazon did nothing illegal, so we can assume the years he or Amazon paid no federal income tax they did exactly what you think they should do with their money, which is invest it. You can't get to zero taxes legally without write-offs, & write offs come in the form of investments. 53' dry aren't free, delivery vans aren't free, buildings aren't free, & technology isn't free, all of these things employ people outside of Amazon.

 

Right, then they put the printing presses into overdrive and their money became worthless, as it always does and always will. Nobody has ever been able to print their money willy nilly and not have that happen. Happened in Spain I believe in the 80s, it was somewhere over there around that time. Then there's always the classic examples of Zimbabewae and Venezuela. I believe the only reason it hasn't happened here yet is because the world pretty trades on the dollar.

 

If the point of stupid high taxes were to encourage spending literally everything you can provide a receipt for should be deductible on personal taxes.

 

No we cannot assume that. What we can assume is the fact that the tax system is sub-optimal.

 

Because the optimal tax system would 0 taxes.

 

That was their intent, forced by the terms of the treaty. The choice was to either do that, or risk going back to war, this time without having any sort of army to speak of.

 

Nope, the founders disagree with you, and so do I.

 

I agree, but I didn't say stupid high taxes. I only said stupid high top tier tax rate. Meaning medium to low tax rate on 99% of incomes.

 

Why shouldn't other people also bring their political views there? Why single me out when I was only replying to someone else?

 

I also can only guess that it is the global dollar trade, bigger economy and enormous goods supply side that can swallow the current demand, although we can see already that they choke in some areas like lumber or automotive industry. Hard to say how much more it can take.
I've no idea how big an impact the PPP, EIDL, 3 stimulus checks had on the World USD balance, how much it washed it out or maybe we're yet to find out. One thing for sure, the sponge is much bigger than in Venezuela or Argentina but there is always a critical mass and there is no immunity to inflation. It is hard to understand how it has been possible that trading with fiat money has worked stable for so long in the developed economies. It all seems like a house of cards.