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Thread: State of the Union Address

  1. #1131
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    Re: State of the Union Address

    Quote Originally Posted by Dickieboy View Post
    So by extension does that mean that I "own" is a share in the company's profit?
    No, not necesarily
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  2. #1132
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    Re: State of the Union Address

    Quote Originally Posted by Dickieboy View Post
    With SPECIFIC regards to profits, how so?
    Shareholders are not entitled to any profits
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  3. #1133
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    Re: State of the Union Address

    Quote Originally Posted by Dickieboy View Post
    You are profoundly correct with this statement. Those espousing ‘fair’ and ‘tax the rich’ are equally placing the ultimately priority on THEIR personal gain over anything else.

    Thank you for that.
    Tell that to Warren Buffet

    BTW, I support higher tax rates on the rich, and I happen to be rich. Your claim is nothing but self-serving fiction
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  4. #1134
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    Re: State of the Union Address

    Quote Originally Posted by Dickieboy View Post
    I believe this explains some of the difference in our opinions. I feel that my ownership of stock is ownership of company. When a consumer pays for G/S to the company they are paying ME thus money changes from their hand to MY hand, being a fractional owner of the company. Yes, company liabilities are separate from me via corporate law but the same liabilities are also satisfied, in part, with MY money, either via revenue from consumer OR my stock purchase.
    What you feel has nothing to do with reality
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  5. #1135
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    Re: State of the Union Address

    Quote Originally Posted by ARealConservative View Post
    dividends are good, double taxation is a net drain on our economy
    How are dividends "good"? What rational makes them preferable to reinvesting in the company? They are a way of sending additional profits to investors which is neither good or bad but just not preferable.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

  6. #1136
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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    Liberalism is defined by the concept of spending IN THE NAME OF COMPASSION but never getting compassionate results which mean solving an actual social problem. I am still waiting for you to explain how a Bureaucrat in D.C. who you want to get more tax dollars can solve a local problem in your community whereas you cannot do what you have been hired to do. Guess it is easier blaming an unknown bureaucrat in D.C. versus taking personal responsibiliy in your own state and community.
    Really? I have a degree in political science and taught Government for over three decades and never ever saw that definition in any authoritiave text. Woul you please link to the source of that definition please so we know you are just not making it us as you go along?
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  7. #1137
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    Re: State of the Union Address

    Quote Originally Posted by Dickieboy View Post
    So some deductions are loopholes and others are not? See I just disagree with this. It is another example of government meddling in the (supposed) free market. These are EXACTLY the activities that distort markets and promote the boom/bust cycle.
    Yes, some deductions are loopholes and others are not. You are entitled to hold your own opinions. You are not entitled to your own facts

    And the "free market" is just another rightwing fiction. It doesn't exist, and it never has
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  8. #1138
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    Re: State of the Union Address

    Quote Originally Posted by haymarket View Post
    Really? I have a degree in political science and taught Government for over three decades and never ever saw that definition in any authoritiave text. Woul you please link to the source of that definition please so we know you are just not making it us as you go along?
    From your posts if you were a teacher that explains why were are in the problems we are today. Did you teach your students that it was the Federal Taxpayers Responsibility to pay for their personal responsibility issues? Did you teach them that the Federal govt. can solve local and state problems better than you can being closer to the problem?

  9. #1139
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    Re: State of the Union Address

    Quote Originally Posted by sangha View Post
    A businesses' revenue is not taxes. It's profit (or more accuratey, it's "income") is taxed. Then if the company is a publically owned corp, it can choose to distribute it's profit to its' shareholders as dividends. If it chooses to do so, those dividends are taxes when received. This tax is only applied one time (when received), not twice

    The "original distribution" is not taxed twice. It's not even taxed once. The PROFIT (not the revenue) is taxed one time, and only one time. If you don't want to pay a divident tax, you can avoid it very simply. Simply don't accept the dividend. Tell the corp to keep it and re-invest it to build the business.
    You seem to insinuate that I stated that revenue is profit. Please re-read my post and point it out.

  10. #1140
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    Re: State of the Union Address

    Quote Originally Posted by iliveonramen View Post
    How are dividends "good"? What rational makes them preferable to reinvesting in the company? They are a way of sending additional profits to investors which is neither good or bad but just not preferable.
    the purpose of a business is to profit.

    reinvestment is done only as a way to continue being profitable.

    so why are dividends good? because profit is good.

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