How to lose money

Jun 02, 2023

Norway didn't learn from history:

If your net wealth is approximately $135,000 or more and you live in Norway, you've long been subject to a 0.85 percent wealth tax. That rate has, as of this year, been hiked to 1.1 percent by the center-left government, and even more gobs of cash will be taken from rich people worth roughly $1.8 million, who will be taxed at a rate of 1.3 percent.

Yes, let's give super wealthy people even more reasons to leave behind a cold place for a warmer and less parasitical country.

Per the Norwegian newspaper Dagens Næringsliv, 30 of the country's multimillionaires and billionaires left the country last year in advance of the wealth tax hike. "This was more than the total number of super-rich people who left the country during the previous 13 years, it added," noted The Guardian. "Even more super-rich individuals are expected to leave this year because of the increase in wealth tax in November, costing the government tens of millions in lost tax receipts."

I'm sure that thousands of grocery store workers, waiters, car salesmen, mechanics, real estate agents, hotel assistants, etc. are happy in Norway because they no longer have to serve these wealthy individuals. That's the reality: the rich leave and the average guys lose jobs.

Posted at 04:32 PM in Economics, Politics | | Comments (0)

Death by a thousand taxes

May 31, 2023

It's the same in the biggest province of Canada. A million dollar salary is only $506,381 in your bank account. Of course, you'll have to pay property tax and sales taxes with that income. So, really, it's close to an effective 60% tax rate.

Posted at 11:13 PM in Economics, Politics, USA | | Comments (0)

American, British, German, or Russian

May 28, 2023

It makes most TV shows and movies so boring. When you see black or Muslim characters, you know that they'll be portrayed as poor, naive, hapless victims and the real bad guy is going to be some White guy.

The classic example is The Sum of All Fears. The Tom Clancy book had Muslims as the terrorists who succeeded in blowing up the Super Bowl stadium. Hollywood nuked that idea. The villains in the movie? Those super bad Nazis, of course.

Posted at 01:50 PM in Politics, USA | | Comments (0)

Painful lessons

May 24, 2023

Most White people are ignorant of outside races and cultures. They think that others are decent, diligent, moral, sensible, hard working, and trustworthy. They are simply projecting their beliefs and personalities onto others.

Once, a colleague was telling me a story about her time at a university. She worked on a project with a Muslim guy, likely, from an Arab country. He invited her to dinner. She went with her husband. The food was quite delicious. She asked him about his wife. He said that she's eating in the kitchen.

What!? She cooked all this food and she's not here! We're two couples and we can't have a nice dinner together!?

He said that she can't "associate" with a non-Muslim. This co-worker soon realized that the Muslim wife basically never leaves the home. She is a prisoner who isn't allowed the privilege of merely talking to infidels.

Posted at 12:13 PM in Life, Politics, World War M | | Comments (0)

MPAI

May 22, 2023

Look at the 20th century. Leftist policies were implemented again and again and again. The result? Death and carnage. Mountains of corpses in China, Soviet Russia, Cambodia, Vietnam, North Korea, Afghanistan, and Africa. The most important lesson from history is that people don't learn from history.

The big positive for the US is that in most states the population can legally defend itself with lethal weapons. So, it won't be as catastrophic as it was in the mentioned examples.

Posted at 09:47 PM in History, Politics, USA | | Comments (0)

Very true

May 21, 2023

Too many people simply don't save money. After tax income went up by $20,000! Well, what do you know, spending went up by the exact same amount! Such creatures can win a $10 million lottery and then be dead broke a few years later.

Posted at 11:55 PM in Economics, USA | | Comments (0)

Grovel more

May 18, 2023

What's next? Probably, trillions in reparations to the angelic joggers.

Posted at 04:05 PM in Politics, USA | | Comments (0)

Real wages crushed

May 15, 2023

I wrote earlier:

Many years ago, I was a math tutor in a high school. My wage was $15/hr. At the time, the minimum wage was $8/hr. Fast forward a few years and I learned that the same school is paying $12/hr to their new math tutor. The minimum wage? $11/hr. In other words, a 25-years-old university graduate was making $1 per hour more than a teenage grocery store worker. The situation was worse for the new tutor -- higher living costs plus a decrease in the nominal wage!

Cernovich provides his experience:

Considering how bogus the CPI is, that wage should be much higher. Just looking at rent, utilities, and food, the wage ought to be, at least, $36 an hour today. Instead, it's $12. To top it off, retarded boomers tell these young workers that they're lazy for not buying a house!

Posted at 04:49 PM in Economics, Life, Politics | | Comments (0)

"A thing for death"

May 14, 2023

It was so easy for the media and the government complex to push the "be a good vaccinated person" narrative and fool society. For those who study history, it wasn't a surprise.

Posted at 11:56 AM in Economics, Politics, USA | | Comments (0)

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