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Avoiding taxes....
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Canuck57[_9_]
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First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Avoiding taxes....
On 24/07/2010 6:02 PM,
wrote:
On Sat, 24 Jul 2010 16:56:27 -0400, wrote:
On Sat, 24 Jul 2010 15:55:29 -0400,
wrote:
.
gee. why not let the GOP drop its lies about capital gains tax cuts
stimulating the economy and see?
I think we have already seen. When Clinton cut the Cap gains rate to
20% the Dow went to $11,000. When Bush cut it to 15% the Dow went to
$14,000.
gee. how'd the dow do over the last 3 years with bush's tax cuts in
place
oh. it tanked.
yeah. that's certainly proof that tax cuts help the economy, isn't it?
The Dow was $10,424 Friday and if Obama could actually create some
jobs that weren'r census takers and unemployment clerks it would be
$15,000.
Of course that only affects "buy and hold" people. If you had sense
enough to stop l;oss your windfall in 2006-2007 then buy back in after
the crash, you made a lot of money. I posted my 401k numbers the other
day and my fund manager made over 4% per year over the last 3.
But we have to be thankful for that once in a life time bonaza the
liberal-lefties ponzi money management gave us. Buying Ford at $2.25
and selling in the high $6, and others ... priceless.
4%, that is nothing. If a fund maanger was worth salt, they would have
don't that in an average month in 2009.
--
Government has liberals, idealists and lawyers, but where is the common
sense?
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