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the stupid economy
https://mail.chicagofanatics.com/viewtopic.php?f=47&t=102101
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Author:  Hussra [ Sat Sep 03, 2016 5:20 pm ]
Post subject:  the stupid economy

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Author:  IkeSouth [ Sat Sep 03, 2016 5:36 pm ]
Post subject:  Re: the stupid economy

you missed another part to this puzzle. if you or me skirts out on taxes, we go to jail

but if you are a ceo for a company like amazon and colludes an entire enterprise to snake out on BILLIONS, its ok we just need to talk things out

Quote:
On Nov. 9, 2012, the IRS informed Amazon it owed $234 million in additional taxes to the government for 2005 and 2006


Quote:
In the early 2000s, Amazon embarked on a years-long mission to save billions by setting up operations in Luxembourg to radically reshape its tax structure. Using a complex patchwork of subsidiaries, the online shopping behemoth managed to shift vast quantities of its profit through a sophisticated mechanism that took external consultants and in-house tax specialists — who reported directly to Amazon CEO Jeff Bezos — years to dream up.


http://www.msn.com/en-us/money/companie ... li=BBnbfcN

Author:  SomeGuy [ Sat Sep 03, 2016 6:40 pm ]
Post subject:  Re: the stupid economy

Hussra wrote:
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If you think something doesn't smell right....well, that's because it stinks!

Baltic Dry has been tanking for years.

Thank Christ for seasonal adjustments!

Author:  Hussra [ Sat Sep 03, 2016 8:01 pm ]
Post subject:  Re: the stupid economy

wsj estimates there's 30% more capacity than demand in bulk shipping these days.

maybe this BR will result in a decline in the price of used shipping containers. or a chance to pick up a lot of em on the cheap.

there's a safe but not (currently) hip inner-ring burb in a large industrial midwestern city with a number of ~4500sq ft (avail at $1 per sq ft, or less) vacant lots interspersed among existing residential housing that would be ideal to throw up cheap shipping container houses to market to millennials.

Author:  IkeSouth [ Sun Sep 04, 2016 1:34 am ]
Post subject:  Re: the stupid economy

Hussra wrote:
wsj estimates there's 30% more capacity than demand in bulk shipping these days.

maybe this BR will result in a decline in the price of used shipping containers. or a chance to pick up a lot of em on the cheap.

there's a safe but not (currently) hip inner-ring burb in a large industrial midwestern city with a number of ~4500sq ft (avail at $1 per sq ft, or less) vacant lots interspersed among existing residential housing that would be ideal to throw up cheap shipping container houses to market to millennials.



i dont know.. theres so much that has to be done to a shipping container to make it feel like a home... even if you get the container for free, is it really any cheaper than just building a wood structure? i guess you get the benefit of being able to move with your house....

but i would buy one to bury underground and grow weed in it. that would be cool

Author:  Brick [ Sun Sep 04, 2016 7:25 am ]
Post subject:  Re: the stupid economy

IkeSouth wrote:
you missed another part to this puzzle. if you or me skirts out on taxes, we go to jail

but if you are a ceo for a company like amazon and colludes an entire enterprise to snake out on BILLIONS, its ok we just need to talk things out

Quote:
On Nov. 9, 2012, the IRS informed Amazon it owed $234 million in additional taxes to the government for 2005 and 2006


Quote:
In the early 2000s, Amazon embarked on a years-long mission to save billions by setting up operations in Luxembourg to radically reshape its tax structure. Using a complex patchwork of subsidiaries, the online shopping behemoth managed to shift vast quantities of its profit through a sophisticated mechanism that took external consultants and in-house tax specialists — who reported directly to Amazon CEO Jeff Bezos — years to dream up.


http://www.msn.com/en-us/money/companie ... li=BBnbfcN

2005

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