You’re a absolute moron. Have you ever been caught in a bad storm in an open area on a Texas road? I have, a few times. You have no way to know if a tornado is upon you, where it may be and which way it’s heading if you do know, and there’s zero visibility. All you can see out of the windshield is horizontal rain and…

A quick VIN check shows that this Alpha went through 3 owners up until now. The original sold it at 33.4K in 2019, 2nd at 55.9K in 2020, and the current owner at 72K with the first listing starting back in Jan 2022. It seems like the previous owners were playing hot potato with it, squeezing out a bit of fun while…

If by “higher than necessary” you mean above a company’s actual cost then yes. Driving out competition by selling below cost with the intent to dominate a market and to create a monopoly, thus allowing the dominating company to increase prices once competition is eliminated/a monopoly is created (known as predatory…

Simpleton.

Such laws are akin to anti-dumping laws which prohibit companies from selling goods below cost. The larger companies can afford to take a temporary hit on sales in order to gain/maintain their dominance in a sector by driving out smaller competitors who do not have the financial ability to weather a below-cost sales…

No, there was an article posted on Jalopnik sometime last year about this proposed law banning the Carolina Squat, and the author and many of the commenters were against this law because, I assume they assumed, it targeted a minority community’s car preference. Unbeknownst to them it turns out, as JTSnooks noted, that…

Another absolutely inane comment by Erin, yet again. A free speech absolutist believes, very specifically, that the words in the First Amendment “Congress shall make no law” means, in absolute terms, that no government entity shall ever pass a law that is contrary to an individual’s right to speech, religion,…

The guy isn’t married nor does he have children. But nice jump to conclusions there sparky.

A primary reason for the success of unions in the EU is that they are structured and operate very differently than in the states. Here unionization is enterprise level, so it’s very, very ad hoc and uneven, whereas in the EU it is sector-level, so the entire sector receives the benefits of successful negotiations. It…

Early on the settlers had to pay England (e.g. tea tax). Post Rev War, Lincoln first introduced a short-lived federal income tax in the late 1800s. Then the 16th Amendment came to be. However, historically, personal income tax rates began at 3-5% in 1862 while corporation/business taxes weren’t introduced until 1934,…

LOL, what an utterly pathetic comment. Ad hominem attacks are the trademark of the simple and weak-minded who are too lazy to articulate a cogent argument based on their opinions of the subject at hand.

Just scroll back up and hit “Register” again. You’ll see that you’re already logged in.

You can deprive Jalopnik of any ad revenue by installing the uBlock Origin and AdBlock Plus browsers on Chrome. You won’t see one single pop up or ad after that. This combination works on many other sites as well.

Yeah, no thanks. Go ahead and keep posting inane stories about the divorces or balding heads of people you don’t care for - bc we all know personal attacks are the way to get in tight with the likes of Orlove and Shilling, the detritus of this site. I hope Mercedes and Emslie find their way out to better pastures as…

From the very beginning the tax system was created and was geared towards the individuals to foot more of the bill for federal government funding for its work on behalf of the individual. Today I believe less than 10% of tax collected comes from corporation tax.

Feel free to dunk on her firing for her f-bomb voicemail rants as a “journalist for New York Times” aimed towards a gun-rights group. To be clear, Erin left Jalop to go to Wirecutter, which is owned by the NYT, but was never a NYT journalist. She was summarily fired from that role, which she held for just a few…

Holding companies are set up bc of the favorable legal framework that exists there.. Their tax system encourages such practices, such as was the case once with Delaware holding companies in the U.S.

A company is required to pay 50% of their employee’s FICA tax liability (SS & Medicare), at 7.65% for that half, subject to thresholds, whereas if you’re self employed you’re paying 100% of that tax yourself. That 7.65% does not come out of the employee’s gross wages and is treated as an expense by the company on…

Agree, Kalmowitz appears to think that NOL carryforwards are “loopholes” which is asinine. His ignorance is even more apparent when he talks about IP royalty payments equating to the ability to report losses or very little income, which is absurd.

NOL carryforward provisions have existed for ages, to incentive companies to continue spending and operating when in a loss position by letting them offset future liabilities with those losses. There are personal NOLs as well but since the super majority of people earn income through employers it never comes into play…