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Brew

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Everything posted by Brew

  1. Additionally, if the IRS gives me the ability to write off 100% of my capex spending in a year, should I opt out of that to make everyone feel better about what I pay in tax or should I take advantage of how the system is built and save my tax money?
  2. Is Trump really rich at this point or is he just so leveraged he thinks he’s rich? My point is/was you are not comparing like things. Even in the scenarios you are looking at, the problem with what they are paying lies within the income tax system itself. Why not fix the income tax system in some way rather than throwing another tax out there that will likely be easily manipulated? Better yet, let’s fix the income tax system and then add a wealth tax if everyone wants one. If you want to further complicate the system with more asinine laws that aren’t well written or with taxes that are easily avoidable, I celebrate those decisions. It helps get me one step closer to paying it or potentially not paying it based on the loopholes that end up in it.
  3. Click bait, we don’t know what Bezos paid in tax because it’s not public. We know what Amazon paid, but that has nothing to do with what Bezos paid personally. What Amazon paid is a byproduct of the current tax system and 100% bonus depreciation. It’s allowing them to dump their free cash flow into expansion. I love a good surly tax debate. It’s always full of great misinformation, misunderstandings of the system, and the all important shit I read on the internet while I was sitting on the toilet this morning. I support a wealth tax, it may help pay for my next boat so I’m in. I would prefer it be tied to some sort of programs. However, structurally what methodology are we going to use for property valuations? How are we valuing closely held businesses? How are we handling personal property valuations annually? Are we using some sort of national methodology or is it like it is now for estates and everyone just makes the shit up as they go? Also, why $50M? Why not tie it to the estate tax exemption and anything over that be taxed annually in some way. 2% may be a little steep, but .5%-1% on a lower threshold with maybe a sliding scale up to 2%. Ultimately, it doesn’t matter because this debate has pretty well been a nonstarter even though if it went to a public vote it would carry soundly. Just goes to show you who the control lies with in this country. Just for the record it would be a much simpler process to make some corrections to the income tax system to close some of the holes in it.
  4. For $130k that thing would be at the bottom of my list just below a Heyday for half the price.
  5. Solid two weeks worth of interviews. Drew Barrymore’s was awkward but it still had some interesting parts. Morello/Arsenio were both excellent. Howard stepped on Morello’s answers too much, but it was still worth a listen.
  6. I’ve had solid luck at Antlers in Frisco each year we are out there. Picked up a Michters 10 year last year for a great price. They have always had something.
  7. I don’t particularly like the idea of having to jump back and forth between programs. I’ll follow whatever though. I’m a computer dumbass and discord has been pretty easy to navigate. It pops straight to new messages and then I scan through. The only difficulty is when there are multiple stock conversations going on and sometimes they get jumbled, but that happens here as well. Again, the only difference is the look.
  8. Older ones seem much simpler. They worked like a pontoon top where you popped the front supports out and then it just folded together. I used the Velcro’s straps off wakeboard ropes to wrap around it to hold the fabric tight. I’ve always towed from my shop to the lake which is about 30-40 miles, so I’ve always put it up each trip.
  9. I got in the habit of folding mine out after we left the dock and then back up as we came into the dock after chasing mine down one day.
  10. Clearly with boys an X3 Max Turbo RR variety is the right answer. I’ve been toying with the idea of getting a 2 seater, but just never have pulled the trigger. We’re limited on places we can use them and I don’t want to destroy the farm with it either.
  11. You can’t go wrong from Clearwater Beach to as far south as you want to go from there. There are also two nice aquariums in the area including the one that Dolphin Tale was based out of. The north end of AMI would be my preference, but it may be further out than you want to go.
  12. These threads are no different than discord. This is a 41 page running chat that you scroll through and read what you want to no different than discord. I will say I could do without all the non chat related stuff posted there. There is probably a way to further break down the discussions in discord that would make it even easier to follow though.
  13. Magnetic ride control is much improved over the prior ride. I’m sure it will be a bitch to fix when it breaks, but I’m not sure my wife has seen the end of a warranty period in a long time.
  14. She goes and looks and picks what she wants, I’m not driving it every day so that’s her deal. I still have to negotiate/pay for it, because they sure aren’t letting her sign for it and leave with it. Besides that, it’s not like there is much negotiating going on with a new model, supply chain issues, etc. Plus, I’m not doing a whole of negotiating anyways. When it’s time for a truck or when I bought my kid a car a couple weeks ago, I just call my Ford dealer and say here is what I want. They find it and bring it to me and I sign in 5 minutes in my office. He doesn’t call me and negotiate my fees either, so it all works out.
  15. Having been in a variety of them/Tahoe’s/etc over the years, the interior and look of the new ones is improved over the prior models. The dash and upgraded stereo are overkill and too much most of the time, but they are definitely interesting to screw around with. I wanted the duramax and super cruise which this has neither, but they both would be significant advantages over prior iterations as well. With 50k on the Expedition in 18 months, both would have been handy options but they both were still a ways out on being available. I’m not entirely sure how she ended up on the Cadillac, I thought she was getting a Range Rover or SQ8. Some stupid shit she probably saw on the Internet led to it I’m sure. I prefer the size of it for the number of road trips we take, so whatever.
  16. Waiting on the wheels to come in and be installed. They have 6 sold ones sitting waiting on the wheel shipment to come at some point.
  17. I need to consolidate down to some core bets this weekend. I’ve gotten spread out through a stack of stuff at this point that looked great 2 weeks ago. PVDG, ALPP, and TRCH still have me well into the green overall, but they have gotten beat up with everything else.
  18. No, I think if I bought one it would have to be the Blackwing. The V is nice, but I’m not really looking for a daily driver. I would keep the truck for that. I’ve been looking at 3rd vehicle options and primarily been focused on restomods and classics, but something like this may better fit.
  19. I sold my position in Fidelity while it was up to go ahead and cut back some, held the position in the Schwab account. It hasn’t updated at all today and I couldn’t sell it if I wanted to it looks like.
  20. Wife bought an Escalade today, so I talked to the sales guys about the Blackwings while there. I’m really thinking hard about the CT5 now. He thinks they will still have open orders, but he doesn’t know timing. It’s been a long time since I’ve had a car, but I am intrigued.
  21. It is a 1996 58. It was owned by a client for 4 years (he moved up to the CJ we are looking at and is now moving up to a Lear), then another client of mine bought it last year and we would be buying in half. The management company has a client that has offered to buy it if we go up to the CJ. I talked with the owner of the management company and it and the CJ have been maintained with an open checkbook and are fully updated and they are very high on both.
  22. Don't cheap out on maintenance or pilots. If you get a jet, get the engines ( and maybe the whole plane) on a maintenance program. Helps defray the costs of overhaul and some of the programs will give you loaner engines so you're not down for 2 weeks. Management company requires all planes they manage to be in the engine maintenance programs, parts program is optional. Pilots are all full time for the management company and seem like a knowledgeable bunch. We met one of the younger ones today to look at the Baron and CJ and he knew what he was talking about. He gave us the rundown on all the other planes in the hangar.
  23. Think we’re going to start with the Baron after a lot of back and forth. The operating costs on the CJ don’t make sense with the distances we’ll be flying. We’ll apparently have access to a CJ and a Lear through the management company when we need more distance at an hourly rate. The Baron has a brand new interior, new paint, upgraded electronics, etc. and my half isn’t too bad. The guy that runs the management company would prefer it over the single engine setups with us having some trips that may run in the dark.
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