12clicks and friends now take home 24% of total US income

[stocktrader23]

Nah, but they sure pretend like they do.

"The richest 1 percent of Americans now take home almost 24 percent of income, up from almost 9 percent in 1976."

"From 1980 to 2005, more than four-fifths of the total increase in American incomes went to the richest 1 percent."

"The richest 0.1 percent of taxpayers would get a tax cut of $61,000 from President Obama. They would get $370,000 from Republicans, according to the nonpartisan Tax Policy Center. And that provides only a modest economic stimulus, because the rich are less likely to spend their tax savings."

"The richest 0.1 percent of taxpayers would get a tax cut of $61,000 from President Obama. They would get $370,000 from Republicans, according to the nonpartisan Tax Policy Center. And that provides only a modest economic stimulus, because the rich are less likely to spend their tax savings."

You get the point.

http://www.nytimes.com/2010/11/07/op...stof.html?_r=2

[Robocrop]

You spelled him wrong...its 12dicks.

[12clicks]

Work harder

[dyna mo]

what's the income bracket for that 1% group?

[seeandsee]

share some $$$ with friends

[Slutboat]

Originally Posted by 12clicks

Work harder

WORK HARDER hahaha - this is the Republicunt buzz term to the masses - Pass some laws to LET US GET RICHER without working for it, but you should WORK HARDER


hahahaha 12 Clicks is such a fucking moron!

[stocktrader23]

Originally Posted by dyna mo

what's the income bracket for that 1% group?

Way more than he makes.

[WarChild]

12clicks is nowhere near that income bracket.

[Zuzana Designs]

Originally Posted by 12clicks

Work harder

good advice rep for you

[Sausage]

Why do the rich owe you anything? They already pay most of your tax for you... so maybe its about time you stepped up and started paying your fair share ...

[Ethersync]

Originally Posted by 12clicks

Work harder

This plus stop bailing out the fucking banks and they will stop giving themselves huge bonuses.

[xholly]

Originally Posted by Zuzana Designs

good advice rep for you

No its not good advice. Hard work will simply get you a busted back and leave you poor when your old. I Doubt many on this forum actually work hard, they just look at porn all day and maybe make a few posts on forums.

Work smarter, work less, conceal your income and pay less tax while at the same time abuse those who do real hard work as stupid and lazy.

[stocktrader23]

Originally Posted by xholly

No its not good advice. Hard work will simply get you a busted back and leave you poor when your old. I Doubt many on this forum actually work hard, they just look at porn all day and maybe make a few posts on forums.

Work smarter, work less, conceal your income and pay less tax while at the same time abuse those who do real hard work as stupid and lazy.

Damn, you nailed em.

[Agent 488]

"richest 1 percent?" yeah right. maybe they make a herbal supplement to improve brain function.

[12clicks]

Originally Posted by xholly

No its not good advice. Hard work will simply get you a busted back and leave you poor when your old. I Doubt many on this forum actually work hard, they just look at porn all day and maybe make a few posts on forums.

Work smarter, work less, conceal your income and pay less tax while at the same time abuse those who do real hard work as stupid and lazy.

I've never called hardworking people stupid or lazy as I am one myself. I simply have no time for the mental midgetry that passes for the great unwashed intelligence. all being broadcast from mom's house.

[xholly]

Originally Posted by 12clicks

I've never called hardworking people stupid or lazy as I am one myself. I simply have no time for the mental midgetry that passes for the great unwashed intelligence. all being broadcast from mom's house.

meh, neg repped. My dad worked hard all his life, now the poor guy can barely walk. Just saying id rather work smart than hard, make my money and use that money to enjoy my life.

[12clicks]

Originally Posted by xholly

meh, neg repped. My dad worked hard all his life, now the poor guy can barely walk. Just saying id rather work smart than hard, make my money and use that money to enjoy my life.

meh, you go right ahead sitting around on your ass waiting for your chance to work smart. it will come, I promise!

[james_clickmemedia]

Originally Posted by Ethersync

This plus stop bailing out the fucking banks and they will stop giving themselves huge bonuses.

the bank bailout was profitable for the country btw.

[james_clickmemedia]

Flat 25-27% tax for all is what I want to see.
will never happen though.

[xholly]

Originally Posted by 12clicks

meh, you go right ahead sitting around on your ass waiting for your chance to work smart. it will come, I promise!

Thanks for believing in me

[12clicks]

Originally Posted by xholly

Thanks for believing in me

believing in you?
honey, I already know where you'll end up.

[12clicks]

Originally Posted by james_clickmemedia

Flat 25-27% tax for all is what I want to see.
will never happen though.

why in the world would you want the government to take that much?
a flat 15% is all they'd need.

[dyna mo]

arguing about whether or not hard work pays off? and justifying not working hard due to someone being barely able to walk.

jeez.

[Grapesoda]

note to self: get into top 1% asap

[Paul Markham]

I doubt if many in porn are in the top 1% and in Internet porn I doubt if many are in the top 10%.

There's just not and never been that kind of money in porn and spread way to much.

Those I knew who were in the top earners in porn invested the money from porn in other ventures.

[Grapesoda]

Originally Posted by Paul Markham

I doubt if many in porn are in the top 1% and in Internet porn I doubt if many are in the top 10%.

There's just not and never been that kind of money in porn and spread way to much.

Those I knew who were in the top earners in porn invested the money from porn in other ventures.

yes but we are in the top 1% on a world wide income level. if steven spielburg or jerry brukhimer only had porn money they would be very very stressed indeed

[cykoe6]

I am not too concerned with how much someone else makes or pays in taxes. Good for them. I support lower taxes for all people because I believe most of the current activities of the federal government are illegitimate and unconstitutional......... and therefore I believe the best remedy is to limit its revenue as much as possible.

Starve the beast.

[12clicks]

Originally Posted by Paul Markham

I doubt if many in porn are in the top 1% and in Internet porn I doubt if many are in the top 10%.

There's just not and never been that kind of money in porn and spread way to much.

Those I knew who were in the top earners in porn invested the money from porn in other ventures.

its funny watching guys give away info on themselves thru their outlook on the world.

top 1% = $350k and up

top 10% = $113k


plenty of guys in our business in both those groups.

[12clicks]

Originally Posted by cykoe6

I am not too concerned with how much someone else makes or pays in taxes. Good for them. I support lower taxes for all people

well said. and I agree.

[quiet]

Originally Posted by 12clicks

its funny watching guys give away info on themselves thru their outlook on the world.

top 1% = $350k and up

top 10% = $113k


plenty of guys in our business in both those groups.

no fucking shit lol.

[stocktrader23]

Originally Posted by 12clicks

its funny watching guys give away info on themselves thru their outlook on the world.

top 1% = $350k and up

top 10% = $113k


plenty of guys in our business in both those groups.

I was playing with you sir. I think the top 1% is closer to $400k per year but either way, there are a lot of webmasters in that bracket for sure.

[12clicks]

Originally Posted by stocktrader23

I was playing with you sir.

more imaginary triumphs of a chat board hero?

[Paul Markham]

I stand corrected.

http://en.wikipedia.org/wiki/Househo..._United_States

Here is the earnings over the last few years. http://www.ntu.org/tax-basics/who-pa...ome-taxes.html

I would of put the top 1% over the million a year mark. So lots of people in the top 10% including me up till a few years ago.

[Barefootsies]

Originally Posted by 12clicks

top 1% = $350k and up

top 10% = $113k

plenty of guys in our business in both those groups.

True dat fine sire.


Although, I would place a wager 50% of the visible adult online industry is under $36,000 and 85% under $50,000.00 annually.

[woj]

Originally Posted by Barefootsies

True dat fine sire.


Although, I would place a wager 50% of the visible adult online industry is under $36,000 and 85% under $50,000.00 annually.

That's about the same % that are part-timers in this biz... if you include only those that do this fulltime for a living there are plenty of people that pull in 6 figures a year...

[woj]

Originally Posted by Paul Markham

I stand corrected.

http://en.wikipedia.org/wiki/Househo..._United_States

Here is the earnings over the last few years. http://www.ntu.org/tax-basics/who-pa...ome-taxes.html

I would of put the top 1% over the million a year mark. So lots of people in the top 10% including me up till a few years ago.

I'm not sure if we are discussing "household income" here, are we? Household = you, your wife, and your cousin that happens to live with you...
so household income of $100k/year = $33k per person, which is fuck all...

[datatank]

Originally Posted by stocktrader23

Nah, but they sure pretend like they do.

"The richest 1 percent of Americans now take home almost 24 percent of income, up from almost 9 percent in 1976."

"From 1980 to 2005, more than four-fifths of the total increase in American incomes went to the richest 1 percent."

"The richest 0.1 percent of taxpayers would get a tax cut of $61,000 from President Obama. They would get $370,000 from Republicans, according to the nonpartisan Tax Policy Center. And that provides only a modest economic stimulus, because the rich are less likely to spend their tax savings."

"The richest 0.1 percent of taxpayers would get a tax cut of $61,000 from President Obama. They would get $370,000 from Republicans, according to the nonpartisan Tax Policy Center. And that provides only a modest economic stimulus, because the rich are less likely to spend their tax savings."

You get the point.

http://www.nytimes.com/2010/11/07/op...stof.html?_r=2

Top 1% ? $277,983 this is from 07 but sure its not that far off today

[datatank]

Top 0.1% — $1,134,849

[stocktrader23]

Originally Posted by datatank

Top 1% ? $277,983 this is from 07 but sure its not that far off today

I read a figure that said $377,xxx that was from 2005. Haven't seen two matching sources yet, either way it's no money but a fuckload more than most will ever have.

[Barefootsies]

Originally Posted by woj

if you include only those that do this fulltime for a living there are plenty of people that pull in 6 figures a year...

True dat. Hitting $100,000.00 is not that hard to do.

[james_clickmemedia]

Originally Posted by 12clicks

why in the world would you want the government to take that much?
a flat 15% is all they'd need.

i'm including about 5% to cover health care.

I would pay way less in taxes and no insurance premiums...

[TheDoc]

It's probably only 1% of the people in our Industry that could pay themselves 'personally' $300k+ a year.

Most people in this Industry suck the Company dry every chance they get just to make that type of money. To safely draw an income like that, you need a Company earning $3 million or more a year - depending on expenses, with a million liquid cash in the Corp bank and a personal net worth for the owner.

Otherwise, you're just being a poser and putting your Company in danger. So realistically, less than 1% in this Industry safely pays themselves that much year after year.

[12clicks]

Originally Posted by TheDoc

It's probably only 1% of the people in our Industry that could pay themselves 'personally' $300k+ a year.

Most people in this Industry suck the Company dry every chance they get just to make that type of money. To safely draw an income like that, you need a Company earning $3 million or more a year - depending on expenses, with a million liquid cash in the Corp bank and a personal net worth for the owner.

Otherwise, you're just being a poser and putting your Company in danger. So realistically, less than 1% in this Industry safely pays themselves that much year after year.

only because the industry is bloated with part timers, fly by night programs, and pretenders.

[12clicks]

Originally Posted by james_clickmemedia

i'm including about 5% to cover health care.

I would pay way less in taxes and no insurance premiums...

I'd rather pay way less in taxes and continue to buy the best healthcare in the world.
I'd rather give 5% of my wealth to a doctor than to the government.

[Vendzilla]

Originally Posted by xholly

No its not good advice. Hard work will simply get you a busted back and leave you poor when your old. I Doubt many on this forum actually work hard, they just look at porn all day and maybe make a few posts on forums.

Work smarter, work less, conceal your income and pay less tax while at the same time abuse those who do real hard work as stupid and lazy.

Originally Posted by stocktrader23

Damn, you nailed em.

Actually, there are people in this country that work hard, save their money. Then come to find that with the current administration lowering interest rates to help those that fucked up and the people they hurt, is hurting them by lowering their income from the interest they saved.

[TheDoc]

Originally Posted by 12clicks

only because the industry is bloated with part timers, fly by night programs, and pretenders.

True... and a bunch of Company owners that think a few million a year or 10 or even 100 million a year is anything but chump change in the real business world. Banks feel the same way, easily less than .1% qualify for an actual big business account at any major Bank in our Industry. So in the end, we're all - even the top player - is small fish swimming in some rich persons money they shit out that morning for breakfast.

[woj]

Originally Posted by TheDoc

It's probably only 1% of the people in our Industry that could pay themselves 'personally' $300k+ a year.

Most people in this Industry suck the Company dry every chance they get just to make that type of money. To safely draw an income like that, you need a Company earning $3 million or more a year - depending on expenses, with a million liquid cash in the Corp bank and a personal net worth for the owner.

Otherwise, you're just being a poser and putting your Company in danger. So realistically, less than 1% in this Industry safely pays themselves that much year after year.

What's the advantage of keeping $$ in the corporation? If the corporation would ever need the funds, the owner can always just lend it back to the corporation at any time...

[12clicks]

Originally Posted by TheDoc

True... and a bunch of Company owners that think a few million a year or 10 or even 100 million a year is anything but chump change in the real business world. Banks feel the same way, easily less than .1% qualify for an actual big business account at any major Bank in our Industry. So in the end, we're all - even the top player - is small fish swimming in some rich persons money they shit out that morning for breakfast.

true, which makes comments from the peanut gallery even more laughable.

[TheDoc]

Originally Posted by woj

What's the advantage of keeping $$ in the corporation? If the corporation would ever need the funds, the owner can always just lend it back to the corporation at any time...

It's not about leaving the money in the Corp... That's more about building it up to a safety point. Bad luck, down eco, major lawsuits, the general unknown but expected business stuff.

Fund wise... If you take the money, it's taxed. if you give it to the Corp, it has a debt to you or you lose the money. One way or another, it's a loss. In the reverse, you could have invested the money, delayed the tax, possibly increased the pool of money, and pulled it when needed. Or if you're doing it to grow business, you could have done a loan to share holder or to the new corp, giving it a debt to start with - passing some tax relief down the chain - without costing you personally.