I thought the Bush tax cuts only benefitte dthe rich?

[Jim in CT]

Originally Posted by stcroixman

i've been a cpa 25 years. Stick to economics where everything is theory - butter and guns. I deal with people and their money and taxes that is real life.

No tax accountant could make a client feel better with your % crap. They want real world results.

Wow. I'm an actuary, which is one of the few professions that demands greater quantitative skills than an accountant.

In my first post, I said that if your tax rate decreases from 15 percent to 10 percent, that's a 33% decrease in your tax obligation.

You disagreed.

I was right. You were wrong. You see, "10" is a number that is exactly 33.33 percent less than "15".

I'm glad you are not my accountant.

You need a refresher course. I'm sure you can find some continuing ed seminar somewhere...when you get your next issue of Pravda or "The Daily Worker", check the classifieds...

[scottw]

[RIROCKHOUND]

Originally Posted by Jim in CT

Wow. I'm an actuary, which is one of the few professions that demands greater quantitative skills than an accountant.I'm glad you are not my accountant.You need a refresher course. I'm sure you can find some continuing ed seminar somewhere...when you get your next issue of Pravda or "The Daily Worker", check the classifieds...

Wow. you just played the I'm smarter than you card. I think that's the first blatant use of it here in the PF. Usually it is just veiled a bit more than that...

[scottw]

Originally Posted by RIROCKHOUND

Wow. you just played the I'm smarter than you card....

yeah, that's Spence's forte...this could mean war

[JohnnyD]

Originally Posted by Jim in CT

Wow. I'm an actuary, which is one of the few professions that demands greater quantitative skills than an accountant.

Ahh... there it is. That self-defining pretentious attitude I encountered during my years living in CT from Connecticut residents who graduated from UConn.




Hunted trout all weekend... gotta catch up on the nonsense in here.

[fishbones]

Originally Posted by JohnnyD

Ahh... there it is. That self-defining pretentious attitude I encountered during my years living in CT from Connecticut residents who graduated from UConn.




Hunted trout all weekend... gotta catch up on the nonsense in here.

Seems to me that he's pointing out what he does for a living to explain his point. I'd consider an actuary a subject matter expert when it comes to tax discussions.

Do you think RIRockhound is being pretentious when he's explaining things having to do with science? To me, he's an SME because of what he does for a living.

[PaulS]

Originally Posted by fishbones

Seems to me that he's pointing out what he does for a living to explain his point. I'd consider an actuary a subject matter expert when it comes to tax discussions.

But don't you think he lost all credibilty when he started out with

"Over the last few years, I have heard every single Democrat, and everyone in the Media....."

As soon as I hear "every single" anything and I know its not true, I tend to tune that person out.

Sorry, but I hate "SME".

[fishbones]

Originally Posted by PaulS

But don't you think he lost all credibilty when he started out with

"Over the last few years, I have heard every single Democrat, and everyone in the Media....."

As soon as I hear "every single" anything and I know its not true, I tend to tune that person out.

Sorry, but I hate "SME".

No, he didn't lose credibility with me. I understand when someone uses a statement like that which although is hyperbole, it's not expected to be taken literally.

I don't blame you for hating SME's. Experts can be annoying when they know more about a topic than you.

[JohnnyD]

Originally Posted by fishbones

Seems to me that he's pointing out what he does for a living to explain his point. I'd consider an actuary a subject matter expert when it comes to tax discussions.

Do you think RIRockhound is being pretentious when he's explaining things having to do with science? To me, he's an SME because of what he does for a living.

There's a whole lot of ribbing that goes on around here as we bust each other's chops. However, RIRockhound doesn't try to lift himself up by demeaning another person's career throwing out comments like "You need a refresher course. I'm sure you can find some continuing ed seminar somewhere...when you get your next issue of Pravda or "The Daily Worker", check the classifieds... ", and if so, I've missed them.

[scottw]

Originally Posted by JohnnyD

There's a whole lot of ribbing that goes on around here as we bust each other's chops. no, there are many here that LOVE to take their own shots and then whine indignant when responded to in kind, and particularly when shown to be wrong...this is a good example However, RIRockhound doesn't try to lift himself up by demeaning another person's career throwing out comments like "You need a refresher course. I'm sure you can find some continuing ed seminar somewhere...when you get your next issue of Pravda or "The Daily Worker", check the classifieds... ", and if so, I've missed them.

actually it's Spence that throws the "Brian is a scientist so he can't be wrong" thing in you face...not so much recently given the state of the global warming debate....ahhhhh...climate change.......ehhhhh......ummmmm......errrrrr....no oooo....wait for it........YES....the new and improved term to scam the planet...GLOBAL CLIMATE DISRUPTION...we'll try that for a while and see if it catches on

hope it fares better than "man caused disasters"...a term that most aptly describes Obama

Jim, don't worry about these clowns, when they start insulting you at the end of an argument it means they lost miserably on substance and they hope you'll go away so you won't be around to continue to prove them wrong...note that the quality of the insults were pretty pathetic and unintelligible in JD's case...which isn't unusual

it's a little sad that you even have to explain some of these things

[Jim in CT]

Originally Posted by scottw

Jim, don't worry about these clowns, when they start insulting you at the end of an argument it means they lost miserably on substance and they hope you'll go away

Thanks, that's usually how I take it.

I can be smug too, and I need to work on it, because it takes away from the dialogue. I just got pretty frustrated when a CPA tried to pull, WHAT I THOUGHT WAS, some numeric "slight-of-hand" on me. Posting my profession wasn't bragging (being a number cruncher isn't exactly a line I use at singles bars), I said that to establish that I know what I'm talking about when it comes to math, finance, and statistics.

I concede that not "every single democrat" said the cuts only benefitted the rich. I was using hyperbole to illustrate the point, and only one or two of you took that literally.

[buckman]

Originally Posted by fishbones

.

Do you think RIRockhound is being pretentious when he's explaining things having to do with science?

Yes

[RIJIMMY]

Originally Posted by buckman

Yes

I pick up a rock and throw it in the water, it sinks. Is there really anything more we need to know about geology?
The stone age has been over for 5000+ years!

[scottw]

Originally Posted by buckman

Yes

that'll get you put on his ignore list...he's very sensitive...and clairvoyant

[stcroixman]

Originally Posted by Jim in CT

Wow. I'm an actuary, which is one of the few professions that demands greater quantitative skills than an accountant.

In my first post, I said that if your tax rate decreases from 15 percent to 10 percent, that's a 33% decrease in your tax obligation.

You disagreed.

I was right. You were wrong. You see, "10" is a number that is exactly 33.33 percent less than "15".

I'm glad you are not my accountant.



You need a refresher course. I'm sure you can find some continuing ed seminar somewhere...when you get your next issue of Pravda or "The Daily Worker", check the classifieds...

my final comment:

Jim if you are such a tax expert why do you need an accountant? Obviously you are an internet tax expert.

I I want an opinion on a DB plan's unfunded obligation or whatever you call it - then you'll get a call.