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Posted

Noone in their right mind would take out a loan with 2500 - 3000% Apr. People do it because they live paycheck to paycheck while accumulating ever rising debt.

It's not unlike waving a bottle of scotch under the nose of an alcoholic.

Quit drinking scotch then!

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine."- Ayn Rand

“Your freedom to be you includes my freedom to be free from you.”

― Andrew Wilkow

Filed: Other Country: United Kingdom
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Posted

One of the reasons predatory lending is so big is because more Americans today have no family to lean on when times are tough. that is really at the root of a lot of our problems.

Or that it is very easy to lose everything through little fault of your own - like a life threatening illness and the resulting medical costs.

Quit drinking scotch then!

Why? I like scotch. The quality stuff mind you, not that rough old moonshine you prefer that's cut with gasoline.

Posted (edited)

Okay lets sum this up. Collecting tax that is used to invest in a community, state and country is bad but corporations doing as they please is acceptable. Shoulda read the fine print right? This excludes the military of course, they should be able to collect and spend as much as they like.

Edited by Booyah!

According to the Internal Revenue Service, the 400 richest American households earned a total of $US138 billion, up from $US105 billion a year earlier. That's an average of $US345 million each, on which they paid a tax rate of just 16.6 per cent.

Posted

The south needs to wake up from such idiocy. Fools like him have kept it the butt of jokes and dirt poor for decades, conning the naive and exploitable with such horseshit.

They need to go visit Vancouver or Sydney and then tell me whether taxes are bad. Two cities that could crush Alabama between their index finger.

Actually people in Vancouver are up in arms over the British Columbia government changing from PST to HST.

Canada has GST (5% federal sales tax), PST (7% provincial sales tax), or HST ( 12% harmonized sales tax). Essentially what HST does is change what can be taxed by the province and instead uses the GST's taxable item list (which is everything!)

So something like your utility bill. That would have GST on it but no PST.....Now with HST, it will have both. Cigarettes will have both. Restaurant food will have both.

 

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