- Joined
- Aug 29, 2009
- Messages
- 8,647
- Reaction score
- 3,150
- Gender
- Female
- Political Leaning
- Independent
Sounds reasonable.
It is hysterical to read about billionaires saying they should be taxed more. They say this after making billions, not before. Hypocrites, every one of them.
No, there's just a law saying that the IRS has to take exactly what you owe, no more and no less. So no, no one is actually able to increase their taxes at will.
I did not know this. I guess if they cannot send extra to the IRS then these rich folks in the top 1% that want to do more can just donate more or go down to some of these 99% protest and start changing the poor folks lives. I mean it would be cool if Buffet and Moore, etc. went to some of these places and picked several poor people they are impressed with and just gave them money to totally change their life.
Whose to say they aren't?
Yeah, they do! My sister is a Civil Service insurance claims processor...files her federal tax returns every years same as everyone else.
apdst,
Have you ever heard of Series EE, HH or I savings bonds? Simple federal monitary instruments used to generate revenue for the Treasury while providing long and short-term investment options for the general public. And that's just one revenue source available by the government. There are others.
Just think Al Gore created the Internet.:mrgreen:
Where would Jeff Bezos be without the internet?
You still believe that Al Gore created the internet? :lamo
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.
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.You still believe that Al Gore created the internet? :lamo
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.
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?
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
The government has spent over a trillion dollars, "creating demand". How has that worked out so far?
Riiiiiiiiiiiiiiiiiiiiiight! :lamo
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.
The Goracle flunked Sunday School at Vanderbilt but was the visionary behind the internet......that is hysterical. :lamo
You can't pay tax money, with tax money and claim your paying taxes.
Why the stealfromus bills that need to raise taxes, so we can, "create jobs"? Hmm?
you're moving the goalposts.
I said that civil servants pay taxes. you responded, claiming they do not....which is of course a blatant lie.
nevermind the fact that some civil servants are paid from capital bonds and NOT tax-revenue.
Pretty damn good rates when compared to regular income is it not?
Not as good as the 15% for the last 11 years!
I would never trust anyone who has the ability to freely give, but does not; instead calling for laws to enforce the act of themselves and others BEFORE doing so.
Sorry but it is not. You are talking about an anthill with more than 300 million ants on it and you are focusing on why one does or does not do something. Its silly... its nonsensical ...its inconsequential and its just plain meaningless.
All the same Buffetts arguement is that they should be more equal.