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Thread: State of the Union Address

  1. #981
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    Re: State of the Union Address

    Quote Originally Posted by TurtleDude View Post
    I will tell the tax attorney and CPA that handle that stuff for me and my wife that some guy on a message board who most likely is not anywhere near the top 1 percent has a better suggestion on what we ought to do
    Ain't you a Yale educated attorney who not only climb Mt Everest but also taught Pele futboll?

    Capital gains are a whole different monster. They are even taxed at a different rate.

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    Re: State of the Union Address

    Quote Originally Posted by Sheik Yerbuti View Post


    Oh, yeah, that's complete and utter Conservative bullsht as you only pay capital gains tax on profit, not the money invested. Seems our Converative friends are unclear of the meaning of the word, "gains ".

    First off, the money invested, if was derived from a wage of some kind it was absolutely taxed...Second, taxes here, taxes there, tax on everything you do, including in the case of carbon taxation, including breathing, that investment that you libs seem to turn your nose up at, which funds investment in innovation, in start ups, in jobs....well, bye bye to that eh....But that's ok, cuz the gubment will be there to give us all welfare right?

    I wonder what the vig on that will be? Other than our soul.

    j-mac
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    Re: State of the Union Address

    Quote Originally Posted by j-mac View Post
    First off, the money invested, if was derived from a wage of some kind it was absolutely taxed...Second, taxes here, taxes there, tax on everything you do, including in the case of carbon taxation, including breathing, that investment that you libs seem to turn your nose up at, which funds investment in innovation, in start ups, in jobs....well, bye bye to that eh....But that's ok, cuz the gubment will be there to give us all welfare right?

    I wonder what the vig on that will be? Other than our soul.

    j-mac
    It is amazing how some folks have trouble following a chain of ownership and the profit made along the way.
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    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  4. #984
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    Re: State of the Union Address

    Quote Originally Posted by TurtleDude View Post
    translation-the government deserves more than 60% of a corporation's profit-its owners only deserve 40%

    and you continually fail to understand that there is no proper taxable exchange yet the government taxes the money twice
    Capital gains are not taxed twice, and you know that. Please admit this and stop being dishonest.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: State of the Union Address

    Quote Originally Posted by liblady View Post
    Capital gains are not taxed twice, and you know that. Please admit this and stop being dishonest.
    If they take out the only bullet in their gun, they have nothing left. Even if that cartridge is a blank.
    __________________________________________________ _
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    Re: State of the Union Address

    Quote Originally Posted by j-mac View Post
    First off, the money invested, if was derived from a wage of some kind it was absolutely taxed...Second, taxes here, taxes there, tax on everything you do, including in the case of carbon taxation, including breathing, that investment that you libs seem to turn your nose up at, which funds investment in innovation, in start ups, in jobs....well, bye bye to that eh....But that's ok, cuz the gubment will be there to give us all welfare right?

    I wonder what the vig on that will be? Other than our soul.

    j-mac
    How exceptionally dishonest this post is. Either you are incredibly stupid, or you are a liar. GAINS have never been taxed. EVER! Who gives a flying **** if the initial investment was taxed, it was SUPPOSED to be. Just stop already.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: State of the Union Address

    Quote Originally Posted by haymarket View Post
    Translation - your claim of double taxation is based on your own self imposed belief system as a warrior of the far right and has no legal basis in reality.

    But then you knew that.

    Clue for you Turtle - the same money is taxed over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over.

    But each time it changes owners. So it does not make it 29 times taxation or 276 times taxation or 673 times taxation. Just once. You see, each time it changes owners, it becomes the responsibility of that new owner to pay tax upon it. We call that reality.
    what you dishonestly ignore is that if I am paid X amount of money and pay tax on it and I pay you to cut my grass you pay tax on it but there has been an exchange of value and you have derived income from your actions which I pay you for

    BIg difference

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    Re: State of the Union Address

    Quote Originally Posted by haymarket View Post
    Translation - your claim of double taxation is based on your own self imposed belief system as a warrior of the far right and has no legal basis in reality.
    But each time it changes owners.
    Just so I understand, a company generates revenue from a change in ‘owners’ of money. If I own stock in a company and they make a profit isn’t some miniscule portion of that profit mine? The company pays tax on that profit (including my miniscule part). They then MAY distribute any remaining in dividend (which represents my miniscule part of the original PRETAX profit) to me which I pay tax on. How is the ORIGINAL transfer of money not taxed twice?

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    Re: State of the Union Address

    Quote Originally Posted by liblady View Post
    Capital gains are not taxed twice, and you know that. Please admit this and stop being dishonest.
    Corporate profits are distributed as dividends not capital gains. So you are claiming I said something I did not

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    Re: State of the Union Address

    Quote Originally Posted by liblady View Post
    Capital gains are not taxed twice, and you know that. Please admit this and stop being dishonest.

    You ole silly...gramps payed taxes on the dough before he sit up TD,s trust fund.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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