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      04-18-2020, 08:45 AM   #26005
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In before LOL thread gets moved to the Politics section!!
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      04-18-2020, 08:50 AM   #26006
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Yeah, I thought I miskeyed into that subforum. Here's the first funny pic I can find to get it back on track.
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      04-18-2020, 08:54 AM   #26007
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You are a bad person.
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this might just be the alcohol talking, but I love you man...
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      04-18-2020, 08:58 AM   #26008
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I had this texted to me 3 times so not all that funny to me but maybe someone else will think it is.
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      04-18-2020, 09:01 AM   #26009
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      04-18-2020, 09:18 AM   #26010
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I stole all of these next two posts from MischiefTV's Insta Stories. Time to corse correct this thread.

https://instagram.com/mischieftv?igshid=18uctuohi396x
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You are a bad person.
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this might just be the alcohol talking, but I love you man...
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      04-18-2020, 09:22 AM   #26011
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Quote:
Originally Posted by WhiskyPat12 View Post
I stole all of these next two posts from MischiefTV's Insta Stories. Time to corse correct this thread.

https://instagram.com/mischieftv?igshid=18uctuohi396x
2
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You are a bad person.
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this might just be the alcohol talking, but I love you man...
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      04-18-2020, 09:24 AM   #26012
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      04-18-2020, 09:42 AM   #26013
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Originally Posted by RickFLM4 View Post
I had this texted to me 3 times so not all that funny to me but maybe someone else will think it is.
I'm a CPA so this is funny as shit.
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      04-18-2020, 09:59 AM   #26014
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I'm a CPA so this is funny as shit.
DOn't you know it. We are putting everything into the C category for the quarterly earnings call. EBITDA = $0. EBITDAC = $500M.

I'll bet the M&A guys are having a blast trying to convince potential buyers that they are worth 10x EBTDAC.
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      04-18-2020, 10:16 AM   #26015
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Quote:
Originally Posted by Run Silent View Post
Quote:
Originally Posted by Sy1616 View Post
Quote:
Originally Posted by Joe240 View Post
Best part is I make over $75k but got the full $1200 because I'm married filing joint and my wife makes enough to keep us below the married threshold. Add the trump change for our daughter and we made a nice $2900 and we're both still working our normal hours
You're a perfect example of the problem. Hope you donate that money.
Why??

It's literally a bit of his money the government stole from him last year.

It's not a gift if someone robs you and then comes by later and gives you a couple bucks back.

Apparently you are part of the problem if you don't get this




Taxation is theft.
Taxation, properly administered, provides a foundation of infrastructure that allows for prosperity and innovation to flourish.
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      04-18-2020, 10:19 AM   #26016
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Quote:
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Taxation, properly administered, provides a foundation of infrastructure that allows for prosperity and innovation to flourish.
I think the problem is that I've never seen a properly administered tax. I've worked with government and my wife works in government after working in the private sector for decades.....the waste and mismanagement is shocking.
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      04-18-2020, 10:31 AM   #26017
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We are a wasteful culture though - aren't we?
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Sounds pizzagatey.
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      04-18-2020, 10:31 AM   #26018
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Quote:
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I'm a CPA so this is funny as shit.
Me too and was funny first time I saw it.

Quote:
Originally Posted by corn18 View Post
DOn't you know it. We are putting everything into the C category for the quarterly earnings call. EBITDA = $0. EBITDAC = $500M.

I'll bet the M&A guys are having a blast trying to convince potential buyers that they are worth 10x EBTDAC.
Need to be careful with that C category if a public company. Can’t adjust to add back lost revenue or costs that would have been normally incurred anyway. Costs directly related to and arising from COVID (like impairments) are ok. Lots of guidance out there on this. EY put out something last week, Deloitte has a non-GAAP guide and SEC counsel should weigh in.

Ok enough accounting...
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      04-18-2020, 10:45 AM   #26019
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Ok enough accounting...
My head exploded. I’m a BD guy. I know I don’t like paranthesis and red numbers. Beyond that I am a serious governance risk.
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      04-18-2020, 10:48 AM   #26020
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      04-18-2020, 10:52 AM   #26021
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      04-18-2020, 11:09 AM   #26022
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      04-18-2020, 11:11 AM   #26023
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      04-18-2020, 11:13 AM   #26024
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      04-18-2020, 11:24 AM   #26025
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Quote:
Originally Posted by H2O_Doc View Post
Quote:
Originally Posted by Run Silent View Post
Quote:
Originally Posted by Sy1616 View Post
Quote:
Originally Posted by Joe240 View Post
Best part is I make over $75k but got the full $1200 because I'm married filing joint and my wife makes enough to keep us below the married threshold. Add the trump change for our daughter and we made a nice $2900 and we're both still working our normal hours
You're a perfect example of the problem. Hope you donate that money.
Why??

It's literally a bit of his money the government stole from him last year.

It's not a gift if someone robs you and then comes by later and gives you a couple bucks back.

Apparently you are part of the problem if you don't get this




Taxation is theft.
Taxation, properly administered, provides a foundation of infrastructure that allows for prosperity and innovation to flourish.
Isn't no taxation a basic tenet of communism?

Karl Marx, via his newspaper, the Neue Rheinische Zeitung, published this decree, adding: "From today, therefore, taxes are abolished! It is high treason to pay taxes. Refusal to pay taxes is the primary duty of the citizen!" Marx was later prosecuted for promoting tax resistance, but was acquitted after arguing that it was not illegal to promote tax resistance against an illegal government.


I will avoid any other political discussion on this thread.
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      04-18-2020, 11:30 AM   #26026
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Quote:
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Isn't no taxation a basic tenet of communism?
You’re thinking of confiscation, which is effectively 100% taxation. No need for a separate tax if you’ve already confiscated everything, right?
I edited my post, take a look at it again.
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