Chef Jim

So are you saying only the rich and big businesses got tax cuts under Trump?

Good point. I actually partied harder in HS seeing I had a job and money. LOL

Yeah but we learned how to PARTY!! And that’s sometimes all college is good for these days.

I love how people don’t understand math. If you bought a $500k house in January with 10% down and the average rate of 3.2% at the time your PI cost is $1,958. If the home dropped 15% to $425k and you still put 10% down with current rates around 5.6% your PI is $2,195. Sure your property taxes will be a bit lower but not $3k lower. In order for homes to become affordable with today’s rates prices need to drop a LOT more than 15%. And they will. Wait for it.

There is already a program in place for public student loan forgiveness. I suggest they stick with that and cut with the vote pandering.

Thanks man.

Actually I just wanted to go for a cruise and he had a car. I knew it was my “entrance fee”.

God you smell good Not from back here!

Football is boring.

Maaaaaybeeee……now that I’m essentially retired I have lots of free time to travel. 🥰

Back when I was in HS in the 70’s I worked at my dad’s restaurant so I always had money which means I always had weed. I had a friend who’d pull up, roll down the window and say “wanna smoke a bowl?” I’d get in and he’d hand me an empty pipe and say fill ‘er up! Fell for it every damn time. LOL

It even beats Billy’s weed. 😎

Inconvenience?? Tell that to the people that have just been shipped to a city where they likely have no job, no contacts, very little money and they don't speak the language. They are being used as a political football and it sucks big time.

So anyone selling $1,000,000 vested stock options (or any appreciated asset) held for less than 365 days is an idiot and didn't think it needed to be said that the Uber wealthy are not idiots so they hold for one year to get the lower LT Cap Gains rate. The LT Cap Gains Rate is 20%. Add the 3.8% ACA Tax for a total federal taxes of 23.8%. If they live in CA there would be another 14% LT Cap Gains for a total of 38.1%. I'm assuming a cost basis of $0 on this calculation. I'm also assuming this is the only income they generated for the year. How man Uber wealthy generate ordinary income? Very few. It's mostly passive/investment income. They are not W-2 Employees like most. Compare that to if they WERE a W-2 Employee making $1,000,000 of MAGI and living in CA they would have an effective tax rate of 42%. So in the first example of not paying employment tax (FICA/SDI) they save themselves $40k in taxes worst case scenario again seeing my example is a CA resident. More importantly and the purpose of my first post was to point out they are not funding SS or Medicare. I understand this much better than you appear to so yes the rest of your post was gibberish.

I live in California. Our weed is the best.

No, because what will they do once they get there? Shipping illegals to NYC without a plan for them once they get there is cruel. This is childish politics at its finest.

No they are not. Gains are taxed at a lower rate than income for higher net incomes. The rest of your post is gibberish. Good job making an observation of our current tax code political. Why the ***** did I even bother. Carry on nut jobs. Good job blaming your 401k custodian and not your plan administrator (your company) for not doing their due diligence on the plan THEY designed for YOU.

That includes billionaires who live on Capital Gains from the sale of assets such as stock options. You know what else they don’t pay on those transactions? Social Security, Medicare and SDI taxes 😏

No, I don't think they ever played with The Who.

Maxwell Smart: oh no! Q Lazzarus is dead?!?! This is terrible news. And so young. I fee horrible that Q Lazzarus has died. Wow! Just one question Chief. Chief: yeah Max…what’s your question? Max: Who is Q Lazzarus? 🤷🏻‍♂️

Nope. I was there 2 weeks ago. No advice needed or asked for. 😁

Carry on children.

Reach out to the city and ask what your options are. I hate LA (city and county) and have vowed to never do business there again. Unfortunately I love Long Beach. I wish LB would secede from LA County and come over the Orange Curtain.

I assume you don't want to leave it on the street due to weekly street cleaning? If that's the case do you have a friend you can have move it for you on those days?

Not my eye on....my butt on. Just retired to the Palm Springs area. Love it!!