"Lefty" Bitching About Taxes

[EL PRESIDENTE]

There's a line between being generous and being financially stupid. They like to show off, sure...and give kickbacks and shit like that and some are mad chill. But seriously, try to collect money from some them and its a motherfucker.

 

[BLAZINGGIANTS]

I just don't believe Ron Tonkin is generous. I used to live in his old home in Raleigh Hills. He was skimpy on the silliest things.

That's not very big. I'm talking all the BIG Oregon companies. Think of some of those huge corps out in Beaverton/Hillsboro.

 

[magnifier661]

That sounds like it would cost a lot of money. Why not go for the real thing and keep that money?

Dude the people in the Northwest are some of the kindest peeps on the planet. I would go for the attitude. Living in Miami is so far from that. People there are so fucking pompous it makes me sick. Never thought there would be a place with more pompous people than L.A.

 

[EL PRESIDENTE]

I just don't believe Ron Tonkin is generous. I used to live in his old home in Raleigh Hills. He was skimpy on the silliest things.

not Scott Thomason above the golf course? :MARIS61:

 

[BLAZINGGIANTS]

There's a line between being generous and being financially stupid.

True. But one of my wealthiest clients used to give 10-20% of his earnings to charitable causes. And he'd give more to political groups (which weren't deductible).

I'm pretty sure it's just a difference between the people you work with and the people I work with.

 

[The_Lillard_King]

Phil is an idiot. he makes more money through endorsements than playing golf and he is going to bitch to the media that he has to make "drastic changes" because of the tax laws.

Moving your "residence" is hardly drastic changes and complaining about taxes when you make so much is going to have a backlash, especially when you make money based on your image. In hindsight and it all being about money for the lefty, of course he is going to apologize for the statement. After all, Phil would hate to lose one of those endorsements . . . imagine how much he bitch about that.

 

[BLAZINGGIANTS]

Dude the people in the Northwest are some of the kindest peeps on the planet. I would go for the attitude. Living in Miami is so far from that. People there are so fucking pompous it makes me sick. Never thought there would be a place with more pompous people than L.A.

This I cannot disagree with.

Though, the people have gotten worse. All the damn Californians moving up here....

 

[magnifier661]

That's not very big. I'm talking all the BIG Oregon companies. Think of some of those huge corps out in Beaverton/Hillsboro.

I haven't lived in Oregon since 1986. I wouldn't know brother, but I believe you!

 

[BLAZINGGIANTS]

Phil is an idiot. he makes more money through endorsements than playing golf and he is going to bitch to the media that he has to make "drastic changes" because of the tax laws.

Moving your "residence" is hardly drastic changes and complaining about taxes when you make so much is going to have a backlash, especially when you make money based on your image. In hindsight and it all being about money for the lefty, of course he is going to apologize for the statement. Hate to lose one of those endorsements Phil . . . you damn whore.

This. He's going to feel worse if he loses an endorsement. Like you said..... he's a whore for the money. So of course he's sorry.

 

[EL PRESIDENTE]

True. But one of my wealthiest clients used to give 10-20% of his earnings to charitable causes. And he'd give more to political groups (which weren't deductible).

I'm pretty sure it's just a difference between the people you work with and the people I work with.

There's a ROI on all of that. either that or they get to go to a dinner and meet someone important.

 

[BLAZINGGIANTS]

I haven't lived in Oregon since 1986. I wouldn't know brother, but I believe you!

Well, I figured you'd at least think of Nike.

 

[magnifier661]

Well, I figured you'd at least think of Nike.

Oh bastard! I forgot Nike and Adidas are based in Oregon. Hahahaha

 

[BLAZINGGIANTS]

There's a ROI on all of that.

Not really. Not if you saw the types of things he donates his money to. Most of which, he gets no benefit of.

Unless you consider simply bettering the world and the environment ROI. Not to say it's not.... but it's saying we all get a lot of benefit from the funds he gives away. So you and I get a better ROI on his investments than he does.

 

[PapaG]

I'd rather make 50 million and pay 60% than 50k and pay 30%, so yes I'd be fine with it.

I'd rather make $50 million and pay 36%, and invest the non-taxed income in private industry and charity.

The government is the most inefficient organization one can find at every level (local/state/federal), yet people seem to feel that giving it more money is a good idea.

 

[PapaG]

my point is, that phil mickleson, the "everyman" of the pga, who makes his money off endorsing things to middle class people, should probably stop whining about only bringing home 20 million dollars a year, lest he be viewed as out of touch and damage his pitchman earnings

Since when did making a decision to improve your finances become "whining".

The only whiners are the poor folks whining about him having the freedom to move from CA and its punitive tax codes.

 

[EL PRESIDENTE]

One thing I have noticed about many of these types, especially the more "philanthropic" ones is that much of their sob stories of coming up from the streets to build a gigantic empire are complete fabrications. A lot of the sob stories and charity does nothing more than to feed a massive ego, even if on the surface they seem sincere. To get to the top, you have to kind of be a psychopath. Sad, but true.

 

[The_Lillard_King]

I would rather make $50 million and pay no taxes and not invest any of it into the US.

 

[BLAZINGGIANTS]

Since when did making a decision to improve your finances become "whining".

The only whiners are the poor folks whining about him having the freedom to move from CA and its punitive tax codes.

I don't think anyone was whining about him leaving. Just think it's funny he's bitching about his tax problems to the public.

 

[magnifier661]

I would rather make $50 million and pay no taxes and not invest any of it into the US.

So you want to be a cocaine dealer?

 

[BLAZINGGIANTS]

One thing I have noticed about many of these types, especially the more "philanthropic" ones is that much of their sob stories of coming up from the streets to build a gigantic empire are complete fabrications. A lot of the sob stories and charity does nothing more than to feed a massive ego, even if on the surface they seem sincere. To get to the top, you have to kind of be a psychopath. Sad, but true.

I'd assume this is mostly true. Most of the people wealthy people I know came from already wealthy families and they had more opportunities (and I don't know how the families came to be wealthy). The only one that I know that truly jumped classes was just a dude who was just genuinely genius, and a few pieces of his luck fell into place. And then his family was able to kick back and collect the returns/residuals/royalties.

 

[PapaG]

He's paying to protect the country/world/economy that enabled him to earn that kind of money and bless you with the life that he has. I understand wanting to figure out a way to strategize to keep more money in your pocket - that's part of what this country/world/economy allows for. But to sit there and bitch - go do something about it. But don't act like the system is screwing you because you made a whole helluva lotta money through the system, so embrace it.

I laugh at such feelings of entitlement people have sometimes.

Really? In that case, shouldn't we all pay 100% and just let the government have control over everything? The "1%" strawman argument that our simpleton President uses to divide American citizens is not an economic argument, it's an emotional argument. And emotional people who aren't really informed on economics tend to then demonize the rich.

Tax the rich at 75% and it changes nothing substantive in this country, other than a lot more people would be out of work.

 

[PapaG]

They're not bitching in the media at the moment (and rightly so, since they pay nothing).

I'm not arguing who should pay what. That's not for me to decide. I'm simply saying, "Shut up or put up!" Am I right? You have an issue - figure out a way around it instead of standing there bitchimng.

Mickelson lives in CA. The people of CA voted to dramatically raise taxes on the rich. Part of living in a democracy is to follow the law, even if you disagree with it. Part of living in a free country is you can leave that state if you disagree strongly enough about the laws in your state.

 

[The_Lillard_King]

So you want to be a cocaine dealer?

Given that choose, I would rather be Phil and just bitch how I wish I didn't have to pay so much in taxes.

 

[PapaG]

He regrets that people are idiotic enough to blow an innocuous comment out of context.

He regrets that people are so divided in this country that he's been bombarded with angry emails and Tweets for daring to say something about a tax code that actually applies to him.

Lots of people on this board will never be impacted by that tax rate, yet it doesn't keep them from supporting it and lashing out at those who it does actually impact.

 

[PapaG]

I dunno. $3million seems like chump change when you're making that kind of cash. And like I said, I'd rather live in SoCal than Vegas. I know there are ways around the "where you live" for tax matters, but to really be safe and on the "up and up".......

Did you really suggest moving to Texas or Seattle? If I'm making $50M+, I'm going to live where I want to live. Certainly not one of those two places.

If he spends that $3 million in the private sector instead of giving it to the government...

 

[The_Lillard_King]

The only thing he regrets is putting his endorsements at risk. Phil, just shut up and collect the weekly paychecks . . . it really isn't that hard to figure out.

If you want to move, then move. Nobody is going to stop you or hold that against you. It's complaining about money that has middle America bent.

 

[BLAZINGGIANTS]

Really? In that case, shouldn't we all pay 100% and just let the government have control over everything? The "1%" strawman argument that our simpleton President uses to divide American citizens is not an economic argument, it's an emotional argument. And emotional people who aren't really informed on economics tend to then demonize the rich.

Tax the rich at 75% and it changes nothing substantive in this country, other than a lot more people would be out of work.

I'm certainly not going to be bitching to the general public about it. He's part of the entertainment industry. Without our level of support and us placing significant value in what he does, he wouldn't be making shit. Not saying he needs to bow down to us or that he owes us anything, but he should certainly have enough common sense to STFU about it.

 

[magnifier661]

Given that choose, I would rather be Phil and just bitch how I wish I didn't have to pay so much in taxes.

Yeah a wise choice. That would be one of the worst jobs in the world. Could you imagine worrying about someone knocking you off for your stake? Talk about stress man!!

 

[PapaG]

I'm certainly not going to be bitching to the general public about it. He's part of the entertainment industry. Without our level of support and us placing significant value in what he does, he wouldn't be making shit. Not saying he needs to bow down to us or that he owes us anything, but he should certainly have enough common sense to STFU about it.

I disagree. He's an uber-talented and competitive person. One of the very best in the world at what he does. I'll take his opinion over some internet schlubs, or even a President who has never earned a private sector dollar in his life, yet rails against "the rich" only to create an atmosphere of conflict and class warfare.

 

[magnifier661]

I'm certainly not going to be bitching to the general public about it. He's part of the entertainment industry. Without our level of support and us placing significant value in what he does, he wouldn't be making shit. Not saying he needs to bow down to us or that he owes us anything, but he should certainly have enough common sense to STFU about it.

Well Kobe raped a girl and still making tons of money on endorsements. We just talked about ray Lewis and how he's gonna still make money after the murder case. I think complaining the government is raping him on taxes is hardly any worse.