On 9/28/09 10:41 AM, Jack wrote:
On Sep 28, 9:41 am, wrote:
Jack wrote:
On Sep 27, 9:29 pm, wrote:
On Sep 27, 6:36 pm, wrote:

On Sep 27, 1:05 pm, wrote:
On Sep 27, 11:48 am, wrote:
On Sep 27, 11:29 am, wrote:
and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class
Another liberal fable. The rich pay a 35% tax rate on income. It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?
no, they don't. sorry.
Yes they do, sorry.
the rich make their money on capital gains. and
the capital gains tax is 15%, minus deductions for losses.

Capital gains is a tax on investments. You *hope* you get to pay a
15% tax on a gain, because the alternative is that you lost some, or
all, of you initial investment. Meanwhile, you're still paying 35% on
your income, which is what you used when you gambled on the
investment.

So take a working professional making $500k a year, with $200k in
adjusted capital gains. Since deductions have long been phased out at
this income level, we can apply some simple math and see this person
pays about $205k in taxes. That's not enough? Why do you want to
penalize people that worked hard and becaome successful?

The rate for Long Term Capital gains is 15% for the "rich", and 0% for
the poor. Ooops.
that's because the poor work for a living and pay 28%.

You're terribly confused. The single income range for a 28% tax rate
is $78,851 – $164,550; married filing jointly is $131,451 –
$200,300... hardly "poor". Your irrational hatred of successful
people is blinding you.

Perhaps he'd feel better if we took up a collection to help him get back
on his feet.

A family member is a CPA, and always laughs when they hear someone
talking about how the rich don't pay any taxes. The so-called tax
shelters are long gone, US citizens have to pay taxes on income *world-
wide*, they are taxed at the highest rate, and the deduction are
phased out at the higher income levels. A higher percentage of their
income is taken for taxes, as it should be. But to say that they pay
no taxes, or are getting some sweetheart deal when it comes to taxes,
is just wrong.

The maximum rate on income should be 49% *and* except for long term
capital gains/investments , and I mean long term, every dollar coming in
should be taxed at that rate while you are of working age.



--
Birther-Deather-Tenther-Teabagger:
Idiots All

On Sep 28, 10:49*am, H the K wrote:


The maximum rate on income should be 49% *and* except for long term
capital gains/investments , and I mean long term, every dollar coming in
should be taxed at that rate while you are of working age.

--


to hear jack tell it, the rich are standing on street corners selling
apples after the middle class screwed them in the last year or so...

On 9/28/09 11:18 AM, wf3h wrote:
On Sep 28, 10:49 am, H the wrote:


The maximum rate on income should be 49% *and* except for long term
capital gains/investments , and I mean long term, every dollar coming in
should be taxed at that rate while you are of working age.

--


to hear jack tell it, the rich are standing on street corners selling
apples after the middle class screwed them in the last year or so...


Jack Goff is an asshole. Thanks mainly to the greed of the rich, tens of
millions of Americans are suffering. It is a sick society that decides
that wealth is what is worth pursuing.

--
Birther-Deather-Tenther-Teabagger:
Idiots All

On Mon, 28 Sep 2009 10:49:00 -0400, H the K
wrote:

On 9/28/09 10:41 AM, Jack wrote:
On Sep 28, 9:41 am, wrote:
Jack wrote:
On Sep 27, 9:29 pm, wrote:
On Sep 27, 6:36 pm, wrote:

On Sep 27, 1:05 pm, wrote:
On Sep 27, 11:48 am, wrote:
On Sep 27, 11:29 am, wrote:
and you don't have a right to a tax rate of 15% if you're rich. if
you're rich you pay the same rate as the middle class
Another liberal fable. The rich pay a 35% tax rate on income. It's
the rich Demoncrats in DC that pay *no* taxes, as we've all seen over
the last few months, eh?
no, they don't. sorry.
Yes they do, sorry.
the rich make their money on capital gains. and
the capital gains tax is 15%, minus deductions for losses.

Capital gains is a tax on investments. You *hope* you get to pay a
15% tax on a gain, because the alternative is that you lost some, or
all, of you initial investment. Meanwhile, you're still paying 35% on
your income, which is what you used when you gambled on the
investment.

So take a working professional making $500k a year, with $200k in
adjusted capital gains. Since deductions have long been phased out at
this income level, we can apply some simple math and see this person
pays about $205k in taxes. That's not enough? Why do you want to
penalize people that worked hard and becaome successful?

The rate for Long Term Capital gains is 15% for the "rich", and 0% for
the poor. Ooops.
that's because the poor work for a living and pay 28%.

You're terribly confused. The single income range for a 28% tax rate
is $78,851 – $164,550; married filing jointly is $131,451 –
$200,300... hardly "poor". Your irrational hatred of successful
people is blinding you.

Perhaps he'd feel better if we took up a collection to help him get back
on his feet.

A family member is a CPA, and always laughs when they hear someone
talking about how the rich don't pay any taxes. The so-called tax
shelters are long gone, US citizens have to pay taxes on income *world-
wide*, they are taxed at the highest rate, and the deduction are
phased out at the higher income levels. A higher percentage of their
income is taken for taxes, as it should be. But to say that they pay
no taxes, or are getting some sweetheart deal when it comes to taxes,
is just wrong.

The maximum rate on income should be 49% *and* except for long term
capital gains/investments , and I mean long term, every dollar coming in
should be taxed at that rate while you are of working age.

You do Chuckie Schumer proud, Papa-san.
To take half a cookie from an unwilling school child to give to
another school child is to commit larceny. To take half a citizen's
income to give to others is a civic duty. How Orwellian.

--
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On Sep 28, 11:18*am, wrote:
On Mon, 28 Sep 2009 10:49:00 -0400, H the K




The maximum rate on income should be 49% *and* except for long term
capital gains/investments , and I mean long term, every dollar coming in
should be taxed at that rate while you are of working age.

You do Chuckie Schumer proud, Papa-san.
To take half a cookie from an unwilling school child to give to
another school child is to commit larceny. *To take half a citizen's
income to give to others is a civic duty. *How Orwellian.


and to take the same citizen's income and give it to the weatlhy in
the form of a 'bailout' is right wing.

how limbaughian...

On Mon, 28 Sep 2009 08:42:03 -0700 (PDT), wf3h
wrote:

On Sep 28, 11:18*am, wrote:
On Mon, 28 Sep 2009 10:49:00 -0400, H the K




The maximum rate on income should be 49% *and* except for long term
capital gains/investments , and I mean long term, every dollar coming in
should be taxed at that rate while you are of working age.

You do Chuckie Schumer proud, Papa-san.
To take half a cookie from an unwilling school child to give to
another school child is to commit larceny. *To take half a citizen's
income to give to others is a civic duty. *How Orwellian.


and to take the same citizen's income and give it to the weatlhy in
the form of a 'bailout' is right wing.

how limbaughian...

Who are you debating? Private Dowding?

--
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