What is OP talking about? Stern LE pricing is up $200 in the past 5 years, while premium and pro basically unchanged. JJP raised GNR LE by $1,000 probably because they could. Taxes in Illinois have always sucked, so it’s not like that changed recently.
Quoted from Jack8765:What is OP talking about? Stern LE pricing is up $200 in the past 5 years, while premium and pro basically unchanged. JJP raised GNR LE by $1,000 probably because they could. Taxes in Illinois have always sucked, so it’s not like that changed recently.
MSRP and street are two very different things.
Quoted from chuckwurt:MSRP and street are two very different things.
Agree prices are up. But the premise of the original post that prices are up because of input costs and/or being located in a high tax state? Distributors marking up Mando didn’t do so to recoup costs for Stern.
Quoted from joecitizen:Amused by these people that can grok obtuse pinball scoring rulesets but can't get their heads around a marginal tax rate.
I am "amused" by people who only have 5 posts and look up members history. Then "grok" like they are lord and manner of an english estate.
Do us a favor, start your first thread topic here on pinside on how you think the taxes on parts,labor, and manufacturing in Chicago is "Marginal". Love to hear your reasoning on this.
Coin-op has always been close to the Mafia, like the trash Business. Chicago is where all the OG live.
Its a no-brainer.
Elk Grove Village and Chicago are not one and the same, they offer massive tax breaks for manufacturers. They actually have a pretty big advertising campaign going in the local market and partnered with the White Sox to draw in manufacturers.
Quoted from TreyBo69:It doesn't make sense for someone like Stern to relocate if all their part suppliers don't follow along. Sure they could just ship the parts to Stern if they moved elsewhere, but that's really undervaluing the ability to jump in a car and drive over to a supplier for quality control and spot checks. Plus the shipping would likely offset the savings while increasing logistical challenges.
We know, from banquet speeches at past Pinball Expos, that Allied Leisure (in FL) and Atari (in CA) learned this the hard way.
.................David Marston
Quoted from dmarston:We know, from banquet speeches at past Pinball Expos, that Allied Leisure (in FL) and Atari (in CA) learned this the hard way.
.................David Marston
Fortunately, Deep Root came along and bucked the trend with their massive success out of Texas!
This thread has been off track since the middle of first page. So I’ll continue the nonsense.
IMO 1/2 % feels like right amount for property taxes in the South. Unfortunately the County doesn’t see it the same way. As part of the 1%’er club, I feel that amount is too damn high. States that allow a tax break after age of 65 are the best. In those, they eliminate portion owed to schools, which cuts bill in half. That would get me to my sweet spot.
We do have a law limiting annual % increase, so between that and the house being paid for, leaves me in a good spot for retirement in 4 years.
Quoted from Trekkie1978:My property taxes are not a drop in the bucket and I’m in the highest bracket. I own a company and all the income flows into my tax return. I pay the government more than I pay myself.
I pay the full 16% (rounded) of FICA taxes, FUTA taxes, both sides of unemployment, disability and family leave, heavy highway tax, gas guzzler tax (for construction vehicles), gasoline and diesel taxes, expensive vehicle registrations, licensing fees, public work fees, apprenticeship plan fees, sales tax. Then don’t forget all the income taxes on top.
All I ask is to keep 50.01% of what I make…but the government won’t allow it.
Sorry, my point was that it was hard to see how someone could get to 65% total even if including property taxes. If a couple makes 600k (which doesn't even put them in the top rate) and pays 12k in property taxes, that's only 2%. If that same couple is paying 50k in property taxes or something, I'd say they might be living outside their means.
Quoted from Viggin900:I am "amused" by people who only have 5 posts and look up members history. Then "grok" like they are lord and manner of an english estate.
Do us a favor, start your first thread topic here on pinside on how you think the taxes on parts,labor, and manufacturing in Chicago is "Marginal". Love to hear your reasoning on this.
I think his point is that a lot of people don't understand that being in a certain bracket does not mean you pay that % on all your income.
I've heard plenty of people say they want to stay below a certain bracket because they don't want to make less net income, which is nonsensical.
Quoted from floyd1977:Sorry, my point was that it was hard to see how someone could get to 65% total even if including property taxes. If a couple makes 600k (which doesn't even put them in the top rate) and pays 12k in property taxes, that's only 2%. If that same couple is paying 50k in property taxes or something, I'd say they might be living outside their means.
Property taxes in our E Massachusetts town here (and typical levels of tax in surrounding towns) were almost 1.9% last year. If you live in a house for 53 years you've essentially paid for your home twice. My only point here is, spending $9k on your hobby every 5 years pales in comparison to the yearly tax outlay for a lot of people.
Quoted from floyd1977:Sorry, my point was that it was hard to see how someone could get to 65% total even if including property taxes.
Spitballing here, but maybe he's including 401(k), SIMPLE IRA contributions, medical insurance, dental insurance, vision insurance, etc. (which are obviously not taxes) to get to 65%.
Quoted from jayhawkai:Spitballing here, but maybe he's including 401(k), SIMPLE IRA contributions, medical insurance, dental insurance, vision insurance, etc. (which are obviously not taxes) to get to 65%.
My guess is the person is an exaggerator.
My dad always told me, "No one wants to hear you complain about your high taxes".
I'm sticking with that.
Quoted from LTG:Way back when it was decided by a coin flip.
Beer capital of the world or pinball capital of the world.
Milwaukee won.
The rest is history.
LTG : )
Yeah, now we have PBR. They should have went 2 out of 3!
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Naperville, IL