Lost Generation, wow sucks to be young today.

[ksmetana]

Quote from FireWalker:

Rich people tend to have hotter daughters of course.

Well, you are the ET expert in this department

 

[ksmetana]

Hi I am a member of the Lost Generation. I will never afford to get married and I will never afford my own house, Hi

I shouldn't say "never." All us lost generation kids get our baby boomer parents' homes when they pass away.

 

[piezoe]

"I don't see much of an unemployment problem, all my friends are working." -- Richard Milhous Nixon

 

[piezoe]

Quote from ksmetana:

Hi I am a member of the Lost Generation. I will never afford to get married and I will never afford my own house, Hi

I shouldn't say "never." All us lost generation kids get our baby boomer parents' homes when they pass away.

Get off your ass. Move. Go where the jobs are! Study another language and emigrate you lazy bum. They are good opportunities in Panama, Uruguay, Argentina, Brazil, just to name a few places where you could get a job. Jobs in North Dakota too, and you could learn the language there rather quickly.

 

[Free Thinker]

Quote from ksmetana:

Hi I am a member of the Lost Generation. I will never afford to get married and I will never afford my own house, Hi

I shouldn't say "never." All us lost generation kids get our baby boomer parents' homes when they pass away.

marry sombody rich. two problems solved at once.

 

[Free Thinker]

Quote from WS_MJH:

You want to solve the problem: encourage entrepreneurship and the jobs will come. It's hard but it's the only way to go. And the best way to encourage entrepreneurship: reduce the capital gains tax to zero for investment in new businesses,

as someone who had several businesses in my working years capital gains taxes have nothing to do with entrepreneurship. that is a right wing meme blowing smoke up your ass.

 

[oldtime]

Quote from Free Thinker:

as someone who had several businesses in my working years capital gains taxes have nothing to do with entrepreneurship. that is a right wing meme blowing smoke up your ass.

unless I'm missing something, the capital gains tax is already zero for investing in a new business. If ordinary taxes are too high it might discourage investing in a new business because the after tax return will be too low.

 

[WS_MJH]

Fyi for the two above:

http://thehill.com/blogs/congress-b...ital-gains-taxes-affect-new-business-startups

 

[Free Thinker]

Quote from WS_MJH:

Fyi for the two above:

http://thehill.com/blogs/congress-b...ital-gains-taxes-affect-new-business-startups

thats nonsense. no small business owner ever said. i have a great idea for a business but i decided not to do it because capital gains taxes are too high.
besides. if you run a business your capital assets/equiptment depreciates. the only capital asset in business that cant be depreciated is land.
business has the ability to depreciate or write off capital assets that actually appreciate.

 

[oldtime]

Quote from WS_MJH:

Fyi for the two above:

http://thehill.com/blogs/congress-b...ital-gains-taxes-affect-new-business-startups

you are right.

Although I won't pay any cap gains taxes when I invest in or start up a new business. Some businesses never pay cap gains tax in the course of their regular business.

Kind of hard to defend high cap gains when you only pay it when you sell a business.

But you are right. I wasn't thinking about businesses that routinely have cap gains.