HOW AS YOUR LIFE CHANGED IN THE PAST 3 YEARS
- Thread starter RAYMOND
- Start date
I know CPA Bobby--I am just wondering who you work for. When you said 50% increase I am thinking in line with accountants in my bldg who are self employed.
Which means your clientle would have to increase 50% which would be a remarkable feat.
Was just wondering what type of accountant would have 50% increase in 6 months--and what circumstances contributed to it.
But on the downside, you have to live with your convictions, living near Chicago and all.
Hasn't changed much last 3 but could change considerably in the next 2---
All depends on taxes--
--income
--capital gains
-fuel/energy
-Vat
ETC
Would be a good venture for sportsbook to to put odds on what Gumby and clan tax next--
--lets see we got cows farting--botox in the maybe column--some laughed last year when I said obesity tax--but got coke and chips
they tax next--and have over under on how many trillion they increase debt next 3 1/2 years.
All depends on taxes--
--income
--capital gains
-fuel/energy
-Vat
ETC
Would be a good venture for sportsbook to to put odds on what Gumby and clan tax next--
--lets see we got cows farting--botox in the maybe column--some laughed last year when I said obesity tax--but got coke and chips
they tax next--and have over under on how many trillion they increase debt next 3 1/2 years.
I was working for a firm - I'm now self-employed - clients are in telecommunications and software development.
Neither my wife nor I are government employees, yet we are both thankfully earning substantially more than we did 3 years ago. I am a commercial property adjuster (new position as of May 15) and landlord, while she is a children's speech-language pathologist. I guess we are just lucky:shrug:
- Feb 26, 2001
- 13,593
- 164
- 63
LOL Yeah the last 6 months has been a real bitch. Fuck you are a liberals wet dream.
Last edited:
:mj07:
the revolution.
:mj07:
You really can not be serious?
Maybe some new medication can help you out.
Also have they set a date for the revolution?
Will it be televised?
Will someone post odds so I can bet against your side?
Will I need a sweater?
These are all questions I need answered before the revolution.
That is great news Bobby:toast:
--always a lot of aniexty making that move but one you will never regret. Hats off to you for the courage and confidence!
--however have idea some of your political leanings may change somewhat.
I would say your luck may come under the heading--
The harder I work--the luckier I get.
especially in light of the catastrophe in your area--
WASHINGTON - Yesterday, Barack Obama was God. Today, he's fallen from grace, the magic gone, his health care reform dead. If you believed the first idiocy -- and half the mainstream media did -- you'll believe the second. Don't believe either.
Conventional wisdom always makes straight-line projections. They are always wrong. Yes, Obama's aura has diminished, in part because of overweening overexposure. But by year's end he will emerge with something he can call health care reform. The Democrats in Congress will pass it because they must. Otherwise, they'll have slain their own savior in his first year in office.
But that bill will look nothing like the massive reform Obama originally intended. The beginning of the retreat was signaled by Obama's curious reference -- made five times -- to "health-insurance reform" in his July 22 news conference.
Reforming the health care system is dead. Cause of death? Blunt trauma administered not by Republicans, not even by Blue Dog Democrats, but by the green eyeshades at the Congressional Budget Office.
Three blows:
(1) On June 16, the CBO determined that the Senate Finance Committee bill would cost $1.6 trillion over 10 years, delivering a sticker shock that was near fatal.
(2) Five weeks later, the CBO gave its verdict on the Independent Medicare Advisory Council, Dr. Obama's latest miracle cure, conjured up at the last minute to save Obamacare from fiscal ruin, and consisting of a committee of medical experts highly empowered to make Medicare cuts.
The CBO said that IMAC would do nothing, trimming costs by perhaps 0.2 percent. A 0.2 percent cut is not a solution; it's a punch line.
(3) The final blow came last Sunday when the CBO euthanized the Obama "out years" myth. The administration's argument had been: Sure, Obamacare will initially increase costs and deficits. But it pays for itself in the long run because it bends the curve downward in coming decades.
The CBO put in writing the obvious: In its second decade, Obamacare significantly bends the curve upward -- increas-
ing deficits even more than in the first decade.
This is obvious because Obama's own first-decade numbers were built on arithmetic trickery. New taxes to support the health care plan begin in 2011, but the benefits part of the program doesn't fully kick in until 2015. That excess revenue is, of course, one time only. It makes the first decade numbers look artificially low, but once you pass 2015, the yearly deficits become larger and eternal.
Three CBO strikes and you're out cold. Though it must be admitted that the White House itself added to the farcical nature of its frantic and futile cost-cutting when budget director Peter Orszag held a three-hour brainstorming session with Senate Finance Committee aides trying to find ways to save. "At one point," reports The Wall Street Journal, "they flipped through the tax code, looking for ideas." Looking for ideas? Months into the president's health care drive and just days before his deadline for Congress to pass real legislation? You gonna give this gang the power to remake one-sixth of the U.S. economy?
Not likely. Whatever structural reforms dribble out of Congress before the August recess will likely not survive the year. In the end, Obama will have to settle for some-
thing very modest. And indeed it will be health-insurance reform.
To win back the vast constituency that has insurance, is happy with it, and is mightily resisting the fatal lures of Obamacare, the president will in the end simply impose heavy regulations on the insurance companies that will make what you already have secure, portable and imperishable: no policy cancellations, no pre-existing condition require-
ments, perhaps even a cap on out-of-pocket expenses.
Nirvana. But wouldn't this bankrupt the insurance companies? Of course it would. There will be only one way to make this work: Impose an individual mandate. Force the 18 million Americans between 18 and 34 who (often quite rationally) forgo health insurance to buy it. This will create a huge new pool of customers who rarely get sick but will be paying premiums every month. And those premiums will subsidize nirvana health insurance for older folks.
Net result? Another huge transfer of wealth from the young to the old, the now-routine specialty of the baby boomers; an end to the dream of imposing European-style health care on the U.S.; and a president who before Christmas will wave his pen, proclaim victory and watch as the newest conventional wisdom reaffirms his divinity.
Conventional wisdom always makes straight-line projections. They are always wrong. Yes, Obama's aura has diminished, in part because of overweening overexposure. But by year's end he will emerge with something he can call health care reform. The Democrats in Congress will pass it because they must. Otherwise, they'll have slain their own savior in his first year in office.
But that bill will look nothing like the massive reform Obama originally intended. The beginning of the retreat was signaled by Obama's curious reference -- made five times -- to "health-insurance reform" in his July 22 news conference.
Reforming the health care system is dead. Cause of death? Blunt trauma administered not by Republicans, not even by Blue Dog Democrats, but by the green eyeshades at the Congressional Budget Office.
Three blows:
(1) On June 16, the CBO determined that the Senate Finance Committee bill would cost $1.6 trillion over 10 years, delivering a sticker shock that was near fatal.
(2) Five weeks later, the CBO gave its verdict on the Independent Medicare Advisory Council, Dr. Obama's latest miracle cure, conjured up at the last minute to save Obamacare from fiscal ruin, and consisting of a committee of medical experts highly empowered to make Medicare cuts.
The CBO said that IMAC would do nothing, trimming costs by perhaps 0.2 percent. A 0.2 percent cut is not a solution; it's a punch line.
(3) The final blow came last Sunday when the CBO euthanized the Obama "out years" myth. The administration's argument had been: Sure, Obamacare will initially increase costs and deficits. But it pays for itself in the long run because it bends the curve downward in coming decades.
The CBO put in writing the obvious: In its second decade, Obamacare significantly bends the curve upward -- increas-
ing deficits even more than in the first decade.
This is obvious because Obama's own first-decade numbers were built on arithmetic trickery. New taxes to support the health care plan begin in 2011, but the benefits part of the program doesn't fully kick in until 2015. That excess revenue is, of course, one time only. It makes the first decade numbers look artificially low, but once you pass 2015, the yearly deficits become larger and eternal.
Three CBO strikes and you're out cold. Though it must be admitted that the White House itself added to the farcical nature of its frantic and futile cost-cutting when budget director Peter Orszag held a three-hour brainstorming session with Senate Finance Committee aides trying to find ways to save. "At one point," reports The Wall Street Journal, "they flipped through the tax code, looking for ideas." Looking for ideas? Months into the president's health care drive and just days before his deadline for Congress to pass real legislation? You gonna give this gang the power to remake one-sixth of the U.S. economy?
Not likely. Whatever structural reforms dribble out of Congress before the August recess will likely not survive the year. In the end, Obama will have to settle for some-
thing very modest. And indeed it will be health-insurance reform.
To win back the vast constituency that has insurance, is happy with it, and is mightily resisting the fatal lures of Obamacare, the president will in the end simply impose heavy regulations on the insurance companies that will make what you already have secure, portable and imperishable: no policy cancellations, no pre-existing condition require-
ments, perhaps even a cap on out-of-pocket expenses.
Nirvana. But wouldn't this bankrupt the insurance companies? Of course it would. There will be only one way to make this work: Impose an individual mandate. Force the 18 million Americans between 18 and 34 who (often quite rationally) forgo health insurance to buy it. This will create a huge new pool of customers who rarely get sick but will be paying premiums every month. And those premiums will subsidize nirvana health insurance for older folks.
Net result? Another huge transfer of wealth from the young to the old, the now-routine specialty of the baby boomers; an end to the dream of imposing European-style health care on the U.S.; and a president who before Christmas will wave his pen, proclaim victory and watch as the newest conventional wisdom reaffirms his divinity.
