Remember when America's dollar was the most powerful dollar?

[LegginMF12]

Quote:

You so funny.......

U.S. income tax rate: 35%
China income tax rate: 45%
Taiwan income tax rate: 40%
Thailand income tax rate: 37%
S. Korea income tax rate: 38.5%

Your argument, it is invalid.

That's just income taxes. How much more does it equal when you add on these taxes?

Accounts Receivable Tax
Building Permit Tax
Capital Gains Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Excise Taxes
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline At x (44.75 cents per gallon)
Gross Receipts Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Personal Property Tax
Property Tax
Real Estate Tax
Service Charge Tax
Social Security Tax
Road Usage Tax
Sales Tax
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Taxes
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax
And if you get tired of paying taxes in the U.S. and try to leave there is an Exit Tax on your entire net worth. ( Thank You Bill Clinton)

 

[justbugged]

Quote:
I just checked the currency converter. The AU dollar is much stronger than I have ever seen in the nearly 50 years that I have been around. The Canadian dollar is very strong these days also. I can remember when I could go to Canada, and I converted my US dollars, I would have twice as many Canadian dollars. Both AU and CA dollars are very nearly equal to the US dollar.

 

[faerielady]

Quote:
What does it matter? Seriously? Other countries you pay their versions of those taxes as well as FIT. Not to mention the fact that in developing countries it's not just about paying the taxes, it's paying the bribes.

Also, we are not the only country with an exit tax. Ours was included in H.R. 6081: Heroes Earnings Assistance and Relief Tax Act of 2008, and was signed by President Bush.

 

[thekid]

Darn taxes now i see, its because of the taxes pretty much.

 

[Q9]

Quote:

You so funny.......

U.S. income tax rate: 35%
China income tax rate: 45%
Taiwan income tax rate: 40%
Thailand income tax rate: 37%
S. Korea income tax rate: 38.5%

Your argument, it is invalid.

Wasn't talking about income tax.

I was thinking more along the lines of capital gains taxes and the like, in conjunction with absurd regulations. I know it was probably unintentional, but taking a single point and separating it from the rest of the post essentially dodges the main point I was trying to make.

And to those talking about the suffering in Chinese factories, you raise a valid point. However, when all things are taken into account, Chinese living standards are going up thanks to the abundance of jobs (though they are admittedly comparatively low-paying) and cheap goods. I strongly suspect that they would be suffering much more without the jobs. Good discussion, though.

 

[chickened]

Q, do you see any connection to what is happening in the world with the economy and Revelation 18:11 ? just curious.

 

[Medicine Man]

Quote:
What does that piece of fiction have to do with anything?

 

[Duramaxgirl]

Ugh! I'm glad we drive diesel! Oh don't tell me the gov has ruined it as well, have they?
Back OT its just amazing how much food has gone up! I asked the husband to give me more money to make up the difference (he hasn't

) Also it seems some things still cost the same, but are made so much more poorly/cheaply.
Quote:
I'd rather drink mine....

The idea to mix ethanol in gas was to cut our dependence on sand box oil. At the same time finding a local use for our subsidized corn so we could stop flooding the world market with below production price corn. All good things that also make money.

The issue was that you need to modify a standard engine to run ethanol without damage. But moonshiners have been doing it for years. The cheep fix the government came up with was the 10% mix. Thinking that should work in any engine. The problem is that though ethanol runs ok by its self an gas does to, that does not mean they mix well. Ethanol fuel is really low grade corn whiskey. Its part water an part ethanol. Gas is an oil mix. They don't refer to things mixing like oil an water for no reason. If you buy so called 10% ethanol gas you are "in theory" buying 90% gas, 7% Ethanol an 3% water or worse. If you jump in your car an hit the road it will run ok. But if you go home an let your car set for a few hours the fuel will settle an separate. Gas will float up on top of the ethanol & water. Sense your fuel is pumped from the bottom of the tank only, the next time you start your car it is running on ethanol only. Sure your tank has 10% in it but the engine is getting 100%. But your engine is set to inject 1 part fuel for every 14.7 parts air it uses. Perfect for gas. But to run right in ethanol it needs more. It needs 1 part fuel for every 9 parts air. So your car will run like poop till you burn threw that 10% or slosh the tank around enough to start picking up some gas again.

Remember though that you are only buying 10% in theory. The same settling happens in the tank at the station. Lets assume they fill there tank the night before you stop for gas. If they have 1000 gallons of 10% fuel, by morning they have 900 gallons a gas floating on 100 gallons of ethanol. If you are one of the first people there to buy gas when they open an buy 10 gallons. Your 10 comes off the bottom so all 10 is ethanol. If your tank was empty you are now running ethanol only. Which if you remember does not run good in a car set up for gas. But now you have a bigger issue. When you turn your car off the top end of your engine that is normally coated in gas that is a rust inhibitor is now coated in ethanol which is a oxidizer. The parts that should be stainless in a ethanol engine are regular steel in yours an start to break down.

What about people that only buy fuel a few time a month. Gas takes around a year to go "bad." Ethanol in a sealed container lasts for ever. Ethanol in a vented container like your fuel tank does not. As ethanol sits both the ethanol an the water molecules want to evaporate but at the same time the ethanol is attracting water from the air. So over time the percentage of water is going up while the percentage of ethanol is going down. An it does not have to go far to be to weak to burn.

 

[rebelcowboysnb]

Quote:
Actually I drive a diesel too an yes they have. When you fuel up again look on the pump for a sticker that says something about year model 2007 an later. For years you had 2 fuel types to worry about. On road fuel(road taxed) an untaxed off road fuel(heating oil, farm fuel, marine fuel,exc). Both were exactly the same but were dyed to show weather or not you payed tax on it.

Now they have a new fuel that is ultra low sulfur. Great for the environment but just kills older engines a I think new ones too. By law every engine/truck built after 2006 year model must use this crap fuel. Being as most stations only have one diesel pump they changed over to the new stuff. So even though I am not required to run this crap fuel in my 30 year old truck, I cant find a local supply of the fuel my truck is supposed to use. So my only legal option is to run a fuel that kills my engine(30 years on old fuel an running strong) an gives me bad mileage.

An me being in Ga, like most other states I cant make an use alternative fuels like black diesel, Biodiesel or EVO cause you are then using an untaxed fuel an guilty of tax evasion.

 

[thekid]

the only upside to diesel seems to be that their engines can get more miles.... well thats what it seems like to me...