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State of the Union Address

ARealConservative said:
takes two to tango. bragging about your wealth on the internet is extremely childish to me.
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Do you really think that?


Originally Posted by TurtleDude

The stuff I ran in HS would have medaled in a couple olympics and I didn't even make it to my state finals.





Originally Posted by TurtleDude

my main hobbies include the shooting sports. most of the guys i shoot with are often blue collar tradesmen. ONe of my closest friends went to the USAF after HS and is a radio tech for a state government unit. True, some of my best friends are the lawyers and doctors at the club where I play tennis but just as many are ex military guys without degrees. the guy who was at the tennis tournament with us last night is a cook at a fast food deli but he loves tennis and we've been friends since I met him at the TGIF where my former girlfriend was a manager and he was a cook-a trade he learned in the military.

In fact when I first invited him to this tennis tournament (where we have a top box), I told my late father that this fellow was going to meet us at the tournament. so we are walking past the reserved parking with all the mercedes, bmws, and cadillacs and there is this POS beat up toyota truck. My father noted a guy like that must really love tennis and obviously wasn't there to be seen (like more than a few yuppies are). Yeah it was my friend the cook's POS truck





Originally Posted by TurtleDude

so when I applied to law school (since my senior GPA was a 4.0 my graduating GPA was higher than the one I applied to law schools with) I had a 782, and a 3.55 plus I was a two time All American and had I had won several debating and oratory prizes. Now that meant a Yale black with a 652 and a 3.05 would have been as having the same "numbers" as I had





Originally Posted by TurtleDude

my legs are constantly getting humped by the hate the successful swarm on this board





Originally Posted by TurtleDude

I mentioned that my first year roommate was the highest scoring applicant to yale the year I went there

perfect SAT scores valedictorian at one of the oldest prep schools in the USA with the highest scores in the history of that place plus he took a national math test and cleaned it-first time ever. He flunked out of Yale because he had become a coke fiend. Using your tortured logic, Yale should not have let him in because he later flunked out





Originally Posted by TurtleDude

The really bright people I knew at Yale, a Rhodes scholar suite mate (800) two founders of the federalist society (both 800s) etc a couple more Rhodes (780 and 800) , the current sterling professor of con law at Yale (793) tended to have really high scores





Originally Posted by TurtleDude

great-I had a 782/800 on the LSAT. that was in the top one percent. where does that put my IQ? My college roommate had double 800's on the SATs.





Originally Posted by TurtleDude

I was a teaching pro in upstate NY for 3 years.





Originally Posted by TurtleDude

I graduated Yale with a 3.7 average, ranking as one of the top three Political Science majors (4.0 in the major, with the highest score on the comprehensive final examination)





Originally Posted by TurtleDude

past career-I turned down a teaching tenure track con-Law position at a local law school Chase Law school, NKU) for far more interesting trial work





Originally Posted by TurtleDude

I am a trial attorney.





Originally Posted by TurtleDude

when I was a law student, I and a engineering undergrad who was from the middle of nowhere PA and who looked like a 6-4 John Boy walton qualified for the national collegiate TT championships that were held in some god forsaken part of Western NY.







Originally Posted by TurtleDude

I have a PhD in Marsupial Psychology





Originally Posted by TurtleDude

not at all, I only spent two summers working as a Volunteer (I refused payment) guard and escort at planned parenthood and my family (parents, brothers and I) have donated over 100K to PP in the last three decades.





Originally Posted by TurtleDude

I don't lie.





Originally Posted by TurtleDude

I belong to a CC but it is not all white. It tends to attract top professionals and some memberships are based on your office-such as being the President of the University.





Originally Posted by TurtleDude

My dad went to Yale-and unlike Bush was recipient of the Master's award of the student who showed the most promise. He went to a rival, equally prestigious prep school. I still have his class of 44 yearbook. Just about every man had Navy, Marines or Army and Yale, Harvard, Princeton.





Originally Posted by TurtleDude

I have two harvard magnas in my office. both graduated after the policy was put into place meaning you had to be in the top 55 or so students.

when I was applying to the top law schools no one I knew was accepted in HLS (and was white) who wasn't at least half way up the magna ladder (at Yale Cum laude started at 16 As, Magna at 24 and summa at 28.

TurtleDude said:
I played Applegren (in Yellow) in the second round of the US Open but nah I was a shooter when I was training for the Olympic team

BTW I wasn't nearly as good as the guy he is playing (in blue) in this match. I only got 8 points a game
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TurtleDude said:
My wife is a national class athlete and a world class chef. She's also very bright. What is stupid is some moron on a internet board making presumptions about me based on the fact that she's a liberal and doesn't like the fact I tend to be hard on intellectually sloppy liberals-such as you
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TurtleDude said:
corporations really don't live either.
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But they are a legal entity.
what they own is really owned by the shareholders. taxing a corporation taxes the owners. the more you take from the corporation, the more you take from the owners
but you knew that
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Nope, you're wrong. As a legal entity, a corporation can own goods and resources completely outside of it's owners. This is why the corporation can be sued and the owners private property not seized if the suit against the corporation is successful but the corp doesn't have the assets to cover the judgment.
tell me why the govenment NEEDS more money
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Because we as a country have massive debt. I like most reasonable people realize we need both cuts and revenue to get America back to prominence.
 
Tettsuo said:
But they are a legal entity.

Nope, you're wrong. As a legal entity, a corporation can own goods and resources completely outside of it's owners. This is why the corporation can be sued and the owners private property not seized if the suit against the corporation is successful but the corp doesn't have the assets to cover the judgment.

Because we as a country have massive debt. I like most reasonable people realize we need both cuts and revenue to get America back to prominence.
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so the bottom line is that you approve of the government taking over 60% of the profit a corporation makes
 
sangha said:
Report it, and you'll probably get dinged for all the personal attacks you've made, along with the other rightwinger whining about alerts
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it clearly demonstrates obsession because you had saved it. I think most people will see what that indicates
 
sangha said:
No, the bottom line is your posts are dishonest
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feel free to point out some dishonesty and again its too bad we cannot create a poll on who is the dishonest poster
 
sangha said:
1234567890
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well the government takes 35% at the profit tax level and you all think the top rate should be increased to at least 40% and that dividends should be taxed at the same rate as earned income

lets do the math

One mIllion taxed at 35% leaves 650K 650K taxed at 40% (260K) leaves 390K so you approve of a net tax of 61% on that money

Later
 
TurtleDude said:
well the government takes 35% at the profit tax level and you all think the top rate should be increased to at least 40% and that dividends should be taxed at the same rate as earned income

lets do the math

One mIllion taxed at 35% leaves 650K 650K taxed at 40% (260K) leaves 390K so you approve of a net tax of 61% on that money

Later
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IOW, you claimed that I said it was OK to tax corps at 60% but you won't back it up with a quote

That's dishonest
 
TurtleDude said:
so the bottom line is that you approve of the government taking over 60% of the profit a corporation makes
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That would be a reasonable question if the corp was taxed that much. Since they aren't, the question is nonsensical.

But I do approve of corps getting taxes like individual entities because the status it holds provides a large number of benefits to the owners. If it were a Partnership, then I'd be staunchly against it being hit twice with the same tax. That wouldn't be fair at all.
 
Nah we are going about this all wrong. Sangha how much of a business' operation should go to business and how much to government? Please be specific on the percentage.

Second question, in the area of accounting, what is another name for cash gained through equity or income? Oh look, its capital.

So, since I dont know anything explain it.
 
Tettsuo said:
That would be a reasonable question if the corp was taxed that much. Since they aren't, the question is nonsensical.

But I do approve of corps getting taxes like individual entities because the status it holds provides a large number of benefits to the owners. If it were a Partnership, then I'd be staunchly against it being hit twice with the same tax. That wouldn't be fair at all.
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You realize your bud Sangha there is arguing exactly that, right?
 
TurtleDude said:
well the government takes 35% at the profit tax level and you all think the top rate should be increased to at least 40% and that dividends should be taxed at the same rate as earned income

lets do the math

One mIllion taxed at 35% leaves 650K 650K taxed at 40% (260K) leaves 390K so you approve of a net tax of 61% on that money

Later
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Here's a prime example of someone not understand the legal entity thing. The corp isn't taxed twice. It's taxed once and the owners are taxed once. If they don't want this to be, go for a Partnership.
 
Obama's speech was good. nuff said. if he tries as hard as he can to get that stuff done, then good.
 
Tettsuo said:
Here's a prime example of someone not understand the legal entity thing. The corp isn't taxed twice. It's taxed once and the owners are taxed once. If they don't want this to be, go for a Partnership.
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...Partnerships are taxed the same way. Once when they make it and once when they collect it for use from the business.

Sangha, please reply to the percentage of a business' money that a government should take, Im curious as to your answer and rationale. Same for you Tettsuo, how much do you think is enough? And why?
 
Tettsuo said:
Here's a prime example of someone not understand the legal entity thing. The corp isn't taxed twice. It's taxed once and the owners are taxed once. If they don't want this to be, go for a Partnership.
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And here is someone not getting the crux of the issue.

The activity that produced the profit is being taxed multiple times, creating inefficiency.

If you want to do this, why not just raise the effective rate and tax once, producing the same revenue stream with less overhead and compliance enforcement?
 
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