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

  1. #41
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    Re: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by Vader View Post
    Republican greed caused this economy. That bill aims to force the greedy to pay for the restoration of the economy.

    I know you rightwingers hate being held responsible for your illicit actions.. but too bad.

    You people did this and you can pay to fix it.
    What a load of utter bull****!

    Might want to go to a sports forum or something that moves a little slower.

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

    Quote Originally Posted by hazlnut View Post
    Yeah, because lowering capital gains and eliminating the death tax did wonders... for Paris Hilton.

    Some people on this board really have no concept of what true wealth really is and how it is spent... and misspent.
    Yes, but I'm sure you're trying to figure it out. Some just don't understand how wealthy people got wealthy, and how they account for risk when they put their money on the line.

    We let a bunch of people go at my company last year to account for what we expect is coming down the pike from Obama and his complete lack of business acumen. Stuff like this tax will lead to more layoffs, trust me.

    Let me let you in on something. If you tax a wealthy person an extra $250,000, they just eliminate $250,000 worth of overhead. That's part of the reason they became rich in the first place; they know how to hedge themselves.

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

    Good, go for it,less money our grand kids will have to pay.
    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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    Re: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by vvx View Post
    Most jobs don't pay based on the value of the employee. They pay based on what they employee is willing to work for.
    All skilled labor jobs pay based on the value of the employee. Employing people is just like anything else, you get what you pay 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.
    If you sign a contract, agreeing to certain bonus requirements, then you're legally obligated to pay those bonuses, if the requirements are met, irregardless if you made money, or not.
    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 donc View Post
    Good, go for it,less money our grand kids will have to pay.
    Yeah, because with the direction these goofballs are headed in, our grandkids aren't going to have jobs.
    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.

  6. #46
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    Re: Democrats push $150B stock tax on Wall Street

    Quote Originally Posted by Erod View Post
    What a load of utter bull****!

    Might want to go to a sports forum or something that moves a little slower.
    You may want to review the housing practices "Ownership Society" under the Bush Administration as well as the partial repeal of the Glass–Steagall Act under Clinton.

    And if we simply look at the time table, it's pretty clear. The recession hit in late 2007. Subprime mortgages have generally 2-3 year introductory rates. So that's late 2004 and 2005 as to when most of these people got their mortgages, clearly all Republican years. Note, that's not saying they caused the mess, but it's rather hard to blame the Democrats who were a shut out minority from it. Did the Democrats fail to mitigate when they got into power? Absolutely. But did they plant the seeds? The time line says no.

    Your extreme partisanism is showing.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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

    Quote Originally Posted by apdst View Post
    All skilled labor jobs pay based on the value of the employee. Employing people is just like anything else, you get what you pay for.
    Except that's not how it works. Why would you offer more money then the candidate is willing to work for when you could get them for cheaper? That makes no sense. Pay is based on what they are willing to work for. And if the CEOs of failed companies are any measure, value is quite irrelevant to their skill level and pay.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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

    Quote Originally Posted by obvious Child View Post
    You may want to review the housing practices "Ownership Society" under the Bush Administration as well as the partial repeal of the Glass–Steagall Act under Clinton.

    And if we simply look at the time table, it's pretty clear. The recession hit in late 2007. Subprime mortgages have generally 2-3 year introductory rates. So that's late 2004 and 2005 as to when most of these people got their mortgages, clearly all Republican years. Note, that's not saying they caused the mess, but it's rather hard to blame the Democrats who were a shut out minority from it. Did the Democrats fail to mitigate when they got into power? Absolutely. But did they plant the seeds? The time line says no.

    Your extreme partisanism is showing.
    Check out who was running Fannie and Freddie at the time. Check out Barney Frank and Chris Dodd's role in manipulating and threatening banks to lend to minorities.

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

    Quote Originally Posted by apdst View Post
    No, because this tax can and probably will be increased and will only stifle economic growth, it shouldn't be inacted.

    No matter how hard they try, the government isn't going to create wealth.
    Heaven forbid tiny sacrifices now to reduce our massive liabilities so we don't have to be outrageous taxes in the future.

    Apparently you'd rather avoid paying a tiny tax now but are for either massive taxes in the future or defaulting on our debt.

    Wow. No wonder you loved Bush. Borrow, borrow, borrow, spend, spend, spend with no thought, plan or concept of ever repaying the obligations.

    Screw our grandkids! They'll have to pay trillions we racked up!

    Conservative you are not. And your stances are highly immoral.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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

    Quote Originally Posted by Erod View Post
    Check out who was running Fannie and Freddie at the time. Check out Barney Frank and Chris Dodd's role in manipulating and threatening banks to lend to minorities.
    Again, review Bush's ownership society. Furthermore, you ignore how CRA loans are a drop in the bucket and how the vast majority of subprime defaults were from private lenders.

    Also, please review the Glass–Steagall Act.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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