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Thread: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by pbrauer View Post
    Just think Al Gore created the Internet.

    Where would Jeff Bezos be without the internet?
    You still believe that Al Gore created the internet?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by apdst View Post
    You still believe that Al Gore created the internet?
    Ironic.

    Since you think Ann Coulter is a credible source of information

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by 1Perry View Post
    Most of these people will not likely pay more taxes with the taxes being proposed. Their money come from Capital gains but we have had this arguement over and over but we will likely beat it to death again.

    Buffett did say that he should be taxed more and to do that you have to go after Capital Gains. When Obama proposed new taxes Buffett stated that what he was doing was not what he was proposing.

    Without specifics this discussion goes nowhere.
    The temporary tax break for capital gains expires next year:

    "After 2012, dividends will be taxed at the taxpayer's ordinary income tax rate, regardless of his or her tax bracket.

    After 2012, the long-term capital gains tax rate will be 20% (10% for taxpayers in the 15% tax bracket).

    After 2012, the qualified five-year 18% capital gains rate (8% for taxpayers in the 15% tax bracket) will be reinstated."
    Capital gains tax in the United States - Wikipedia, the free encyclopedia
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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by apdst View Post
    You still believe that Al Gore created the internet?
    He didn't develop the technology, he saw the potential that a military system (ARPANET) would have if the public had access. He secured the initial funds what they initially called the information super highway and what we now call the internet.


    Al Gore and information technology - Wikipedia, the free encyclopedia

    Al Gore served as the Vice President of the United Statesfrom 19932001. He is the co-winner of the 2007 Nobel Peace Prize. In the 1990s he promoted legislation that funded an expansion of and greater public access to the internet.


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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by pbrauer View Post
    He didn't develop the technology, he saw the potential that a military system (ARPANET) would have if the public had access. He secured the initial funds what they initially called the information super highway and what we now call the internet.


    Al Gore and information technology - Wikipedia, the free encyclopedia

    Al Gore served as the Vice President of the United Statesfrom 1993–2001. He is the co-winner of the 2007 Nobel Peace Prize. In the 1990s he promoted legislation that funded an expansion of and greater public access to the internet.

    Riiiiiiiiiiiiiiiiiiiiiight!
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by Deuce View Post
    People who think government spending can't create jobs should ask Boeing about that.

    Or Lockheed-Martin.

    Or Halliburton...


    "Oh but that money came from citizens!"

    What's that? So what are those citizens supposed to do with that money? Oh... SPEND it. Creating demand. Weird, when you guys talk about "job creators" you always seem to forget about that demand side of the equation.

    Anyway. Government is different than the citizens. The government can borrow money at lower interest rates and in higher volumes than you can. During a recession when nobody is spending money and therefore no demand exists to justify job creation, the government can borrow the sum of money required to shore up some of that demand.
    The government has spent over a trillion dollars, "creating demand". How has that worked out so far?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by apdst View Post
    The government has spent over a trillion dollars, "creating demand". How has that worked out so far?
    Well GDP is in positive territory and proposals coming out of the White House are funded unlike the previous occupants of the White House who had a penchant for unfunded proposals. Like the lame 2003 678 billion dollar jobs proposal.

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by Catawba View Post
    The temporary tax break for capital gains expires next year:

    "After 2012, dividends will be taxed at the taxpayer's ordinary income tax rate, regardless of his or her tax bracket.

    After 2012, the long-term capital gains tax rate will be 20% (10% for taxpayers in the 15% tax bracket).

    After 2012, the qualified five-year 18% capital gains rate (8% for taxpayers in the 15% tax bracket) will be reinstated."
    Capital gains tax in the United States - Wikipedia, the free encyclopedia
    Pretty damn good rates when compared to regular income is it not?

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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by apdst View Post
    The government has spent over a trillion dollars, "creating demand". How has that worked out so far?
    Pretty damn good. We were on the verge of a total economic collapse and Great Depression II. Strong action prevented that from happening.
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    Re: ABC's "20/20 - Lessons from Billionaires: Tax ME to create jobs IN AMERICA!"

    Quote Originally Posted by apdst View Post
    Riiiiiiiiiiiiiiiiiiiiiight!
    The Goracle flunked Sunday School at Vanderbilt but was the visionary behind the internet......that is hysterical.
    I love the smell of burning moonbat in the morning.

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