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Thread: Democrats push $150B stock tax on Wall Street

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    Re: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by apdst View Post
    When you say, "things might change", what are you talking about, exactly?
    The tax rate, the reason for the tax, and so on. The list of things that might happen in the future is astronomical.

    Stop spending a gazillion dollars on **** that won't produce any return! perhaps the deficit wouldn't be so bad, if we didn't piss money down a rabbit hole.
    There are two ways to reduce the deficit, and both are probably needed. Reduced spending(which I have frequently referred to the need for), and increased revenue. Once we have at least a close to balanced budget and much lower debt, then we can look at what extras we can afford, and what taxes we might be able to live without. This particular tax is small enough to have no significant effect on people, and would raise revenue a notable amount.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by Redress View Post
    The tax rate, the reason for the tax, and so on. The list of things that might happen in the future is astronomical.



    There are two ways to reduce the deficit, and both are probably needed. Reduced spending(which I have frequently referred to the need for), and increased revenue. Once we have at least a close to balanced budget and much lower debt, then we can look at what extras we can afford, and what taxes we might be able to live without. This particular tax is small enough to have no significant effect on people, and would raise revenue a notable amount.
    We're in a massive recession and the answer to lower tax revenues isn't to spur growth in the private sector, but rather impose more taxes on the private sector. Now, that is brilliant!
    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: Democrats push $150B stock tax on Wall Street

    Sweet! More bail out money!

    It's okay Fortune 500 companies, you can hit rock bottom. Spender in Chief will bail you out. Oh! Corrupt executives? Just give them bonuses more than the average American makes in his or her life-time! Morals? Bah! I slosh at your morals slosh slosh
    "I do not underestimate the ability of fanatical groups of terrorists to kill and destroy, but they do not threaten the life of the nation. Whether we would survive Hitler hung in the balance, but there is no doubt that we shall survive al-Qa'ida." -- Lord Hoffmann

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    Re: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by Arch Enemy View Post
    Sweet! More bail out money!

    It's okay Fortune 500 companies, you can hit rock bottom. Spender in Chief will bail you out. Oh! Corrupt executives? Just give them bonuses more than the average American makes in his or her life-time! Morals? Bah! I slosh at your morals slosh slosh
    If you work for a company and in your job you make that company $1 million, would it be fair for you to get a $20,000 bonus?
    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: Democrats push $150B stock tax on Wall Street

    The bill aims to exempt retirement accounts from the impact of the tax.
    Exempt my fat hairy brown ASS! Might as well stop putting into the 401k and get my money while I still can.
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    Re: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by apdst View Post
    We're in a massive recession and the answer to lower tax revenues isn't to spur growth in the private sector, but rather impose more taxes on the private sector. Now, that is brilliant!
    I do not see this tax having any real significant negative effect on the economy.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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    Re: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by Redress View Post
    I do not see this tax having any real significant negative effect on the economy.
    Of course you don't!...
    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: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by apdst View Post
    If you work for a company and in your job you make that company $1 million, would it be fair for you to get a $20,000 bonus?
    Not if the company tanked and had to be bought out by tax-payer money. No one deserves a bonus.
    "I do not underestimate the ability of fanatical groups of terrorists to kill and destroy, but they do not threaten the life of the nation. Whether we would survive Hitler hung in the balance, but there is no doubt that we shall survive al-Qa'ida." -- Lord Hoffmann

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    Re: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by Arch Enemy View Post
    Not if the company tanked and had to be bought out by tax-payer money. No one deserves a bonus.
    Well, if I work for you and we sign a contract agreeing to a specific bonus criteria, tank, or not, you're going to pay me my money.
    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: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by apdst View Post
    If you work for a company and in your job you make that company $1 million, would it be fair for you to get a $20,000 bonus?
    Most jobs don't pay based on the value of the employee. They pay based on what they employee is willing to work for.

    There's also the issue of what does the company do when you lose the company $1 million? Does the employee pay the company money? Of course not. So even if salary was based on employee salary, you'd have to consider the bad years as well as the good to figure out how to give out bonuses.

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