OMG! The World Has Gone Completely Crazy! $190k for a New Bronco?

AbleGuy

Officious Intermeddler
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billiebob

Well-known member
View attachment 657789
It is not that the world has gone crazy, it is that we have allowed the Jeff Bozos of the world unrestrained wealth, and we keep electing greedy idiots who feel entitled to their piece of the pie.

Tax the wealthy accordingly and stupid prices will disappear and simple things like Broncos will not sell for stupid prices,...... and desirable things like First Gen Broncos will not hit stratospheric prices.

In the 1930s, guy like Jeff Bozo paid a 98% tax rate. Before Regans retarded "Trickle Down Reganomics" those same guys paid a 70% tax rate..... Before Trump, they paid 27% ????? And Biden just bumped it back up to 25%......

You are right, The Gods Have Gone Crazy.

 

Zaralps

New member
Not sure how politics or taxation has to do with it. Whether it’s a monarchy, socialist or capitalist country, there will always be rich people in the world able and willing to stupidly overspend just to have something. I assumed there would be some taking advantage of the Bronco release, but wow! And I thought when a sold my Sportmobile after 5 years of use for more than I bought it for I was lucky.
 

jgrow

New member
Ya, I’m not sure I completely agree with that. I will lead with, I’m no economist but honestly have lost respect for them this year as all we here is “need more stimulus”. I do think if the government took more money out of the system you wouldn’t see inflated asset prices(and silly asking prices) but if it’s just redistributed to other people and money is still free(0%) then I think we’d be staring at a similar debacle. Currently, the Fed has injected a massive amount of money by expanding their balance sheet $4trillion and leaving interest rates at zero. Add in $5.2trillion of stimulus and that sure does seem like a lot of money floating around out there. Maybe if the Fed stopped buying treasuries and mortgages and bumped rates people wouldn’t borrow money as much money to make purchases? I dunno. It is crazy. Used car prices are up 52%year over year while homes are up 17%. Hard to completely disagree about your tax policy thoughts but I still think there’s more going on away from just that.


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calicamper

Expedition Leader
Were these fund raisers? I mean I’ve seen people drop $10,000 on a wine basket worth $1000 then put it back up for Auction in the same event just to raise more $$$$$$$ for the cause
 

Regcabguy

Oil eater.
It is not that the world has gone crazy, it is that we have allowed the Jeff Bozos of the world unrestrained wealth, and we keep electing greedy idiots who feel entitled to their piece of the pie.

Tax the wealthy accordingly and stupid prices will disappear and simple things like Broncos will not sell for stupid prices,...... and desirable things like First Gen Broncos will not hit stratospheric prices.

In the 1930s, guy like Jeff Bozo paid a 98% tax rate. Before Regans retarded "Trickle Down Reganomics" those same guys paid a 70% tax rate..... Before Trump, they paid 27% ????? And Biden just bumped it back up to 25%......

You are right, The Gods Have Gone Crazy.

There's nowhere near the rich to tax to pay for Harris's and O.A.C's quackery. The middle class will pay dearly. The 98% figure is correct but with loopholes and write offs they didn't pay anywhere near that. I agree that the very wealthy have never enjoyed such a low tax obligation. I don't have much mercy on them. Hear that Kardashians?
 

ITTOG

Well-known member
With the proposed capital gains tax I am sure this type of craziness will be decreasing.
 

MCX

TalesFromTheDesert.com
Hey, if someone is willing to pay, then more power to the seller. No one is forcing anyone to buy it. Capitalism at work.
 

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