BoatBanter.com

BoatBanter.com (https://www.boatbanter.com/)
-   General (https://www.boatbanter.com/general/)
-   -   BREAKING: Brown Wins in Mass. Race (https://www.boatbanter.com/general/113226-breaking-brown-wins-mass-race.html)

Canuck57[_9_] January 23rd 10 05:33 PM

BREAKING: Brown Wins in Mass. Race
 
On 22/01/2010 7:05 PM, wrote:
On Fri, 22 Jan 2010 16:38:15 -0800, "nom=de=plume"
wrote:


I hope you're right. I'm an optimistic person, but this ruling is pretty
extreme. It's going to take a lot of Congressional action to nullify it, and
I'm not sure Congress is up for the task.


Since this is a court decision it might take a constitutional
amendment to fix it. I haven't read the decision yet but it might say
they have a constitutional right to buy politicians. They have been
doing it right along but now it is sanctioned by the court.


Might as well make bribery legal then, just like all the banana republics.

It could be fixed, but would take a president, congress and senate with
balls and integrity to fix it.

Canuck57[_9_] January 23rd 10 05:35 PM

BREAKING: Brown Wins in Mass. Race
 
On 22/01/2010 5:48 PM, thunder wrote:
On Fri, 22 Jan 2010 19:42:10 -0500, John H wrote:

On Fri, 22 Jan 2010 18:26:38 -0600,
wrote:

On Fri, 22 Jan 2010 18:55:46 -0500, bpuharic wrote:


and the SCOTUS just ****ed us again. they ruled companies can do
whatever they want in terms of paying for campaigns.

this country, courtesy of the right wing, may be doomed

Oh yee of little faith. While I'll agree the SCOTUS decision is the
absolutely wrong one, you are starting to sound like a Republican, all
doom and gloom. If there is one thing I have learned, in my short time
on this planet, is this country is incredibly resilient. It's people
are the hardest working, most creative, people you will find. We have
faced far more difficult challenges than this current SCOTUS. We will
survive, and we will prosper. Hell, eight years of Bush hasn't killed
us. Need I say more?


It's OK for Democrats to bribe each other with taxpayer money, but not
OK for both Democrats and Republicans to recieve corporate money.

Liberal thinking is quite strange.


When a multinational based in China, the communist one, decides to take
an interest in our elections, tell me again how strange Liberal thinking
is.


So? Are you now imposing who can bribe who? You mean only democrats
can accept bribes?

LMAO - typical liberal-democrat bull****.

bpuharic January 23rd 10 06:48 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 12:24:10 -0500, wrote:

On Fri, 22 Jan 2010 22:24:52 -0500, bpuharic wrote:

goldman sachs did.

i saved hard. since my 20's. every year.

and the GOP deregulated me right into working forever


I suggest that before you blame this all on the GOP you look at the
votes on the 2 major deregulation bills ... and the president that
signed them.


you mean the president the GOP impeached? yeah. looks like he had ALOT
of control over congress, right?


BTW if you are still hurt from the correction a couple years ago you
were not properly diversified. I only have one major holding that is
still a loser (EXP). My IBM stock is doing better than it was in 2006.
FLR is still a "double". CLNE is more like 4- 5x from 2006.


ROFLMAO!! me and 100M other americans. you right wingers really love
to hate the middle class, don't you?


bpuharic January 23rd 10 06:50 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 11:53:41 -0500, "Eisboch"
wrote:


"bpuharic" wrote in message
.. .

On Fri, 22 Jan 2010 19:04:11 -0500, "Eisboch" wrote:


Oh, please.

Isn't that chip on your shoulder starting to get sorta heavy?




oh please. have you looked at your 401K?


I have very little invested in the stock market. None in a 401K.
I am not much of a gambler with our future financial security.
The $$ that I *did* invest in 2000 has more than tripled.
Might buy another boat.

Eisboch


unfortunately the right wing has destroyed pensions in this country so
the middle class only has 401K's left to help us retire


that's why the right stole those, too.


bpuharic January 23rd 10 06:51 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 10:03:48 -0700, Canuck57
wrote:

On 22/01/2010 8:26 PM, bpuharic wrote:
On Fri, 22 Jan 2010 19:04:11 -0500, wrote:


Isn't that chip on your shoulder starting to get sorta heavy?


oh please. have you looked at your 401K?


I have, up about 40% from 3 years ago, sure beats bank interest. Have
to write Obama and thank the liberals for the volitility.


the stock market has gone up from 6500 to 10500 under obama.

you think obama's been president for 8 years. you guys can't read a
calendar

But I must admit, less than 25% of my portfolio I would classify as
buy-hold and I administer it myself. I don't rely on corrupted so
called advisors and mutuals.


yeah. wall street is corrupt

courtesy of the right wing


bpuharic January 23rd 10 06:52 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 12:41:35 -0500, wrote:

On Fri, 22 Jan 2010 22:26:12 -0500, bpuharic wrote:

oh please. have you looked at your 401K?


Blame the 401k manager, There was plenty of money to be made.


and every 401K manager did the same thing. yes, there was plenty of
money to be made

and the chairman of goldman sachs, lehman, etc. made it all. and
screwed the middle class


The reality is 401ks are a ripoff. The managers are more interested in
the fees you pay them than making you money ... and the tax man is
going to hold you down and screw you when you try to get that money
out.

No capital gains break on a 401k.


agreed. and the right is the group that destroyed pensions in this
country and left the 401K as the only financial mechanism to help the
middle class retire


bpuharic January 23rd 10 07:01 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 10:31:44 -0700, Canuck57
wrote:

On 22/01/2010 5:38 PM, nom=de=plume wrote:
wrote in message
t...
On Fri, 22 Jan 2010 18:55:46 -0500, bpuharic wrote:


and the SCOTUS just ****ed us again. they ruled companies can do
whatever they want in terms of paying for campaigns.

this country, courtesy of the right wing, may be doomed

Oh yee of little faith. While I'll agree the SCOTUS decision is the
absolutely wrong one, you are starting to sound like a Republican, all
doom and gloom. If there is one thing I have learned, in my short time
on this planet, is this country is incredibly resilient. It's people are
the hardest working, most creative, people you will find. We have faced
far more difficult challenges than this current SCOTUS. We will survive,
and we will prosper. Hell, eight years of Bush hasn't killed us. Need I
say more?



I hope you're right. I'm an optimistic person, but this ruling is pretty
extreme. It's going to take a lot of Congressional action to nullify it, and
I'm not sure Congress is up for the task.


Who do you think appoints the SCOTUS? Didn't see any new
liberal-democrat Obama appointees oppose it.


in the last 30 years, dems have appointed 3 justices. the GOP has
appointed 7.



Perhaps we should have a truce. Does not mater be you left or right,
statism and corruption is the enemy here. Governmetn is now large
enough it works for itself and not the people. The US government (any
party) has the most corruption as they have most of the money.

Statism and corruption destroy left and right wealth. Everyone looses.


it's not that government is too large. it's that it's been captured by
the very people it's supposed to regulate, and has often turned
against the people who give it its power


bpuharic January 23rd 10 07:03 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 12:54:05 -0500, wrote:

On Fri, 22 Jan 2010 22:33:47 -0500, bpuharic wrote:

but this is IRRELEVANT. because the WEALTHIEST pay only 15%.

yes, that's right ladies and gennulmen...the richest people in america
have a tax rate

less than the poorest people in america.


Umm
The bottom 42% don't pay any income taxes at all.
That is a zero rate.


sure they do. they pay sales tax, FICA, etc. conservatives just dont
think these count


A also agree FICA is regressive (after all SS was sold as some kind of
"insurance" with a capped benefit wasn't it?) but sales taxes are flat


the poor spend a greater percentage of their income on basics such as
food, clothing, housing, medical care, etc.


bpuharic January 23rd 10 07:05 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 10:52:45 -0700, Canuck57
wrote:

On 22/01/2010 8:35 PM, bpuharic wrote:
On Fri, 22 Jan 2010 20:58:42 -0500, wrote:

bpuharic wrote:
On Thu, 21 Jan 2010 19:21:58 -0500, wrote:



the rich got a HUGE tax break as their incomes skyrocketed


Same taxes. What's wrong with success?


?? how is raiding the middle class via CDO's to enrich goldman sach
'success'?

it's theft. but the right calls it 'success'

which is one reason this country is ****ed


If you don't like Goldman getting all these bailout benefits, then
consider voting for someone who will not make it happen. And we know
Obama and the democrats love bailouts.


you guys think obama's been president for 8 years. the bailout plan
was developed by bernanke under bush. obama wasn't president when the
depression began in dec of 2007.


Hell, you thought you were voting for a socilaist and got a marxist. LMAO.


i love right wing thinking

proof that obama's a marxist is that he helped bailout wall street.

beautiful!


bpuharic January 23rd 10 07:06 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 10:49:12 -0700, Canuck57
wrote:

On 22/01/2010 6:58 PM, Bruce wrote:
bpuharic wrote:



Same taxes. What's wrong with success?


Liberal losers feel entitled and evnvious of sucess.


to the right wing, the average middle class worker is a loser.

that kind of says it all.


bpuharic January 23rd 10 07:17 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 13:39:42 -0500, wrote:

On Sat, 23 Jan 2010 04:31:18 -0500, "Eisboch" wrote:



This is the reason I believe legislation is needed to encourage small
business startups and expansion.
It's not the time to penalize small businesses that are struggling to stay
alive. High capital gains taxes is part of the penalty, both for those who
invest in their own business or for those who provide funding for one.

Eisboch



The UAW is an aberration that only demonstrates the "union bubble".
The UAW managed to drive compensation up, far beyond the value of the
work and we had a correction. Just like those cracker box houses that
were selling for $300k a few years ago, sanity has returned to the car
business ... in Tennessee. Putting a bearing in a transmission case
and hitting it with a soft hammer is not worth $50,000 a year (what my
wife's nephew was doing, right out of high school). He did have to
pick the case up and put it on the belt. That is why it was an entry
level job. (Kokomo Chrysler plant)
It's good to have a dad who is a shop steward I guess.


actually what happened was that GM treated the american consumer like
an ATM. the japanese treated american consumers like we were
consumers.

GM managers were accountants. toyota's are engineers who focused on
building cars.

it was corporate america's attitude that destroyed GM, not the UAW.


Jack[_3_] January 23rd 10 07:21 PM

BREAKING: Brown Wins in Mass. Race
 
On Jan 23, 12:08*pm, Canuck57 wrote:
On 23/01/2010 12:31 AM, nom=de=plume wrote:





*wrote in message
m...
nom=de=plume wrote:
"Bill * wrote in message
news:JtadnTjOk8XYi8fWnZ2dnUVZ_rmdnZ2d@earthlink .com...


* wrote in message
...


"Bill * wrote in message
...


* wrote in message
news:dqnjl5l73fvlugoor8537acghkoavee3ab@4ax. com...


On Fri, 22 Jan 2010 08:40:09 -0500,
wrote:


The top brackets ought to be paying 49%, and there should be no cap
on
earnings subject to social security and medicare taxes.


As long as the top 1% controls 50% of the campaign contributions and
100% of the media you won't see that. They may pass that as the
published top rate but there will be enough tax shelters and
loopholes
so they won't actually pay that.
The government has a long rich history of using the tax code to drive
social policy. If you do politically correct things you get tax
breaks, big ones.


Is why there will never be a flat tax. *Taxation is the ultimate
control.


A flat tax is regressive.


--
Nom=de=Plume


Actually is neither Regressive or Progressive.


You're just wrong. I don't know how to say it politely.


http://en.wikipedia.org/wiki/Flat_tax


No, he's not. *Regression means that the more you make, the less you pay -
hardly a flat tax. You have to remember that the theory behind the flat
tax offers no deductions. *It's a simple percentage of your income.


Didn't say regression - said regressive... and punative for those who make
just a bit.


You earn $100. You get to keep $90. You earn $100,000. You get to keep
$90,000. Which would you pick?


90,000 of course. *But it is fair, for each dollar the use is the same.
* Bet the $90,000 earner also worked harder. *Why should he pay 30% when
the lacky gets a 10% rate? *Are we penalizing those who work?


Besides, that whole position is simple-minded. In regard to taxes
there is no choice to be made as the two examples are exactly the
same... they are being taxed equally. It's an easy sixth grade math
problem.

Now if one wanted to discuss compensation, then of course anyone would
take the 100k job. Of course, not everyone is qualified or able to
perform it. But that's a completely different subject.

thunder January 23rd 10 07:34 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 10:35:17 -0700, Canuck57 wrote:


When a multinational based in China, the communist one, decides to take
an interest in our elections, tell me again how strange Liberal
thinking is.


So? Are you now imposing who can bribe who? You mean only democrats
can accept bribes?


I guess that must be it. I'm an American, and I have this funny idea,
America should be run by Americans. We don't need any help from Chinese
communists to run it, or Canadians, for that matter.


LMAO - typical liberal-democrat bull****.



John H[_12_] January 23rd 10 07:57 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 13:34:10 -0600, thunder
wrote:

On Sat, 23 Jan 2010 10:35:17 -0700, Canuck57 wrote:


When a multinational based in China, the communist one, decides to take
an interest in our elections, tell me again how strange Liberal
thinking is.


So? Are you now imposing who can bribe who? You mean only democrats
can accept bribes?


I guess that must be it. I'm an American, and I have this funny idea,
America should be run by Americans. We don't need any help from Chinese
communists to run it, or Canadians, for that matter.

Soros couldn't take money from the Chinese? Could Chinese individuals
not make contributions? You obviously don't like the ruling, so you're
making up ridiculous reasons to be against it.

Talk about a strawman.

LMAO - typical liberal-democrat bull****.


I agree.

--

"Your honor can never be taken from you. Cherish it, in yourself and in others." (Unknown)

John H

nom=de=plume January 23rd 10 08:43 PM

BREAKING: Brown Wins in Mass. Race
 
"Jack" wrote in message
...
On Jan 23, 12:08 pm, Canuck57 wrote:
On 23/01/2010 12:31 AM, nom=de=plume wrote:





wrote in message
m...
nom=de=plume wrote:
"Bill wrote in message
news:JtadnTjOk8XYi8fWnZ2dnUVZ_rmdnZ2d@earthlink .com...


wrote in message
...


"Bill wrote in message
...


wrote in message
news:dqnjl5l73fvlugoor8537acghkoavee3ab@4ax. com...


On Fri, 22 Jan 2010 08:40:09 -0500,
wrote:


The top brackets ought to be paying 49%, and there should be no
cap
on
earnings subject to social security and medicare taxes.


As long as the top 1% controls 50% of the campaign contributions
and
100% of the media you won't see that. They may pass that as the
published top rate but there will be enough tax shelters and
loopholes
so they won't actually pay that.
The government has a long rich history of using the tax code to
drive
social policy. If you do politically correct things you get tax
breaks, big ones.


Is why there will never be a flat tax. Taxation is the ultimate
control.


A flat tax is regressive.


--
Nom=de=Plume


Actually is neither Regressive or Progressive.


You're just wrong. I don't know how to say it politely.


http://en.wikipedia.org/wiki/Flat_tax


No, he's not. Regression means that the more you make, the less you
pay -
hardly a flat tax. You have to remember that the theory behind the flat
tax offers no deductions. It's a simple percentage of your income.


Didn't say regression - said regressive... and punative for those who
make
just a bit.


You earn $100. You get to keep $90. You earn $100,000. You get to keep
$90,000. Which would you pick?


90,000 of course. But it is fair, for each dollar the use is the same.
Bet the $90,000 earner also worked harder. Why should he pay 30% when
the lacky gets a 10% rate? Are we penalizing those who work?


Besides, that whole position is simple-minded. In regard to taxes
there is no choice to be made as the two examples are exactly the
same... they are being taxed equally. It's an easy sixth grade math
problem.


I didn't see knuckle's (no offense intended) reply for some reason.

Yes, you're right. They're identical tax rates. My point was that a flat tax
isn't appropriate because it's regressive for the lower earner. If you
change the lower number to something more reasonable, say $40K/year vs. $100
(which was just a limiting case to use as an example). Someone who makes
$40K could be someone who works really hard... 10 hours/day 6 days/week,
perhaps two jobs. The person who makes $100K/yr. perhaps might only work 20
hrs./wk. We don't need to get into the socio/economic reasons, but there's
no way to claim that the lower earner is working less hard. Yet, when you
look at a flat tax, the $40K person would keep $36K. The $100K person would
keep $90K. Who is hurt more? Again, which salary would you pick? The answer
is likely obvious. Are we penalizing those who work hard, but have
low-paying jobs? My answer is yes.

Let's take a progressive (e.g., non-flat tax) rate. The upper income person
is taxed at 20% and the lower one is taxed at 5%. (Quite a difference,
right? Yet...) The numbers: Lower incomer keeps $38K. The upper incomer
keeps $80K. Clearly, the upper incomer still keeps a decent amount and most
people would still pick being this person. Yet, the lower incomer isn't hurt
nearly as much.

Now if one wanted to discuss compensation, then of course anyone would
take the 100k job. Of course, not everyone is qualified or able to
perform it. But that's a completely different subject.


True enough I suppose. Of course, there's baggage sometimes associated with
higher salaries... different subject as you say.

--
Nom=de=Plume



nom=de=plume January 23rd 10 08:48 PM

BREAKING: Brown Wins in Mass. Race
 
"John H" wrote in message
...
On Sat, 23 Jan 2010 13:34:10 -0600, thunder
wrote:

On Sat, 23 Jan 2010 10:35:17 -0700, Canuck57 wrote:


When a multinational based in China, the communist one, decides to take
an interest in our elections, tell me again how strange Liberal
thinking is.

So? Are you now imposing who can bribe who? You mean only democrats
can accept bribes?


I guess that must be it. I'm an American, and I have this funny idea,
America should be run by Americans. We don't need any help from Chinese
communists to run it, or Canadians, for that matter.

Soros couldn't take money from the Chinese? Could Chinese individuals
not make contributions? You obviously don't like the ruling, so you're
making up ridiculous reasons to be against it.

Talk about a strawman.



Talk about not thinking! Soros (or Gates or whomever) would never have the
financial resources compared to a multi-billion dollar company. I believe
you have to be a US citizen to make campaign contributions, so Chinese
individuals could not make contributions.

http://www.fec.gov/pages/brochures/foreign.shtml

--
Nom=de=Plume



BAR[_2_] January 23rd 10 09:16 PM

BREAKING: Brown Wins in Mass. Race
 
In article ,
says...

On Sat, 23 Jan 2010 10:35:17 -0700, Canuck57 wrote:


When a multinational based in China, the communist one, decides to take
an interest in our elections, tell me again how strange Liberal
thinking is.


So? Are you now imposing who can bribe who? You mean only democrats
can accept bribes?


I guess that must be it. I'm an American, and I have this funny idea,
America should be run by Americans. We don't need any help from Chinese
communists to run it, or Canadians, for that matter.


Bill and Hillary Clinton didn't have any problems accepting money from
the Chinese. And, they didn't have any problems repaying the Chinese for
their support.

LMAO - typical liberal-democrat bull****.




John H[_12_] January 23rd 10 10:40 PM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 16:16:04 -0500, BAR wrote:

In article ,
says...

On Sat, 23 Jan 2010 10:35:17 -0700, Canuck57 wrote:


When a multinational based in China, the communist one, decides to take
an interest in our elections, tell me again how strange Liberal
thinking is.

So? Are you now imposing who can bribe who? You mean only democrats
can accept bribes?


I guess that must be it. I'm an American, and I have this funny idea,
America should be run by Americans. We don't need any help from Chinese
communists to run it, or Canadians, for that matter.


Bill and Hillary Clinton didn't have any problems accepting money from
the Chinese. And, they didn't have any problems repaying the Chinese for
their support.

LMAO - typical liberal-democrat bull****.


Amen.


Nor would Soros or any other Democrat have a problem taking money from
the Chinese. They'd do it through a third party like they are now.


--

"Your honor can never be taken from you. Cherish it, in yourself and in others." (Unknown)

John H

Canuck57[_9_] January 24th 10 12:17 AM

BREAKING: Brown Wins in Mass. Race
 
On 23/01/2010 11:51 AM, bpuharic wrote:

the stock market has gone up from 6500 to 10500 under obama.


Time will tell but the market is over bought for the fundimentals which
tells me inflation is the cause. Jobless recovery at best.

Keep worshiping Obama, the market volitility of liberal debt mongering
makes this a once in a lifetime opportunity.

Canuck57[_9_] January 24th 10 12:24 AM

BREAKING: Brown Wins in Mass. Race
 
On 23/01/2010 10:41 AM, wrote:
On Fri, 22 Jan 2010 22:26:12 -0500, wrote:

oh please. have you looked at your 401K?


Blame the 401k manager, There was plenty of money to be made. Smart
money sold the market down and bought the hell out of the bottom.
There were plenty of "doubles" to be had in the last 2 years.

The reality is 401ks are a ripoff. The managers are more interested in
the fees you pay them than making you money ... and the tax man is
going to hold you down and screw you when you try to get that money
out.

No capital gains break on a 401k.


Agreed. Any 401K managed asset not fully recovered by December 31st,
fire them.

But I don't deal with them for this reason. I don't like the conditions
and poor returns. If I did, I want the fees linked to performance. I
don't even mind if I pay 5%, if I am making 15% consistantly. It is all
about the net growth in value. And on that basis alone, most mutuals
and managed funds are garbage.

And I hate paying people to lose my money. Makes me feel like a chump.

Canuck57[_9_] January 24th 10 12:30 AM

BREAKING: Brown Wins in Mass. Race
 
On 23/01/2010 11:52 AM, bpuharic wrote:
On Sat, 23 Jan 2010 12:41:35 -0500, wrote:

On Fri, 22 Jan 2010 22:26:12 -0500, wrote:

oh please. have you looked at your 401K?


Blame the 401k manager, There was plenty of money to be made.


and every 401K manager did the same thing. yes, there was plenty of
money to be made

and the chairman of goldman sachs, lehman, etc. made it all. and
screwed the middle class


The reality is 401ks are a ripoff. The managers are more interested in
the fees you pay them than making you money ... and the tax man is
going to hold you down and screw you when you try to get that money
out.

No capital gains break on a 401k.


agreed. and the right is the group that destroyed pensions in this
country and left the 401K as the only financial mechanism to help the
middle class retire


Actually, it was liberal money management, corruption and lack of
conservatism.

Management always quots a much more optimistic value as possible to
pension plans as not to pay more in than they need to.

If any representative worth a grain of salt was to do it right for the
people, they would ban company and defined plans and make employers pay
pension moneys the day it is earned into a non-refundable in your name
plan. This way if the company goes tits up, the money in your account
is in your account and not fluffed away.

How many of you get monthly statements on your company plans? Bet not
too many. And if you do it says nex to nothing of it's commuted value.
And also why you have to quit to find out how little it is worth.

Pensions not going directly into your own account in your name are
probably a skim and BS operation.

bpuharic January 24th 10 12:35 AM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 17:24:05 -0700, Canuck57
wrote:

On 23/01/2010 10:41 AM, wrote:
On Fri, 22 Jan 2010 22:26:12 -0500, wrote:

oh please. have you looked at your 401K?


Blame the 401k manager, There was plenty of money to be made. Smart
money sold the market down and bought the hell out of the bottom.
There were plenty of "doubles" to be had in the last 2 years.

The reality is 401ks are a ripoff. The managers are more interested in
the fees you pay them than making you money ... and the tax man is
going to hold you down and screw you when you try to get that money
out.

No capital gains break on a 401k.


Agreed. Any 401K managed asset not fully recovered by December 31st,
fire them.


even in the good times, a 35% rise in a 401K was virtually
nonexistent. and, given the fact that most suffered a 35% drop, a
50% increase would be needed to recover the loss

and that never happened even in the good times. so, no. 401K's will
take a few years to recover. and that money, that time, can never
actualy be recovered

those are the mathematical facts


But I don't deal with them for this reason. I don't like the conditions
and poor returns. If I did, I want the fees linked to performance. I
don't even mind if I pay 5%, if I am making 15% consistantly. It is all
about the net growth in value. And on that basis alone, most mutuals
and managed funds are garbage.

And I hate paying people to lose my money. Makes me feel like a chump.


or a republican


Canuck57[_9_] January 24th 10 12:51 AM

BREAKING: Brown Wins in Mass. Race
 
On 23/01/2010 1:43 PM, nom=de=plume wrote:

Yes, you're right. They're identical tax rates. My point was that a flat tax
isn't appropriate because it's regressive for the lower earner. If you
change the lower number to something more reasonable, say $40K/year vs. $100
(which was just a limiting case to use as an example). Someone who makes
$40K could be someone who works really hard... 10 hours/day 6 days/week,
perhaps two jobs. The person who makes $100K/yr. perhaps might only work 20
hrs./wk. We don't need to get into the socio/economic reasons, but there's
no way to claim that the lower earner is working less hard. Yet, when you
look at a flat tax, the $40K person would keep $36K. The $100K person would
keep $90K. Who is hurt more? Again, which salary would you pick? The answer
is likely obvious. Are we penalizing those who work hard, but have
low-paying jobs? My answer is yes.


Why not go the other way since we are socialising talk.

Why not a fixed head tax, say $10,000 a year. If you can't pay it then
you become a slave. You even lose the right to vote as you are
considered a minor dependant unable to fend for ones self.

The reasoning being in a nanny state of government health care, your ass
is just as expensive as mine to keep. We went to the same schools, thus
should be taxed the same in value. We ge the same government protection
from police, in fact since I make more I have more to loose this even
pose a lower risk.

So why not a fixed head tax?

BTW, I don't agree with a fixed head tax, and I don't agree with
aggressive taxation. The turd that coined progressive tried to use a
positive word for punitive taxation.

I subscribe to flat no deduction taxation, 10% right off the top and no
deductions. Taxed at source on every dollar earned, same rate for
companies as people. No income tax to fill out. Earn $10, get $9. End
of story, no loop holes or BS. No IRA/CRA harasement.

Taxed once at source for things like dividends. End the bull**** of
taxing the company and then the recipient. Reward investors in business
and skip the persecution part.

And taxaton is fixed, governmetn cannot raise or lower it without a
referendum of all affected. And you can only vote if you pay a minimum
of $1000 in taxes. None of this mentality of losers telling winners how
it works.

Government should have it's spending capped as a percentage of gross
income to preven statism creap. If the greedy government wants more
revenue, better make for a good economy with decent jobs or suck for it.

Bruce[_11_] January 24th 10 12:56 AM

BREAKING: Brown Wins in Mass. Race
 
wrote:
On Fri, 22 Jan 2010 21:21:37 -0500, wrote:


I like the idea of a flat tax. Take 15% of my AGI, I'll save $375 from
the CPA's bill, and life moves on.

The problem with that statement is you wouldn't have an AGI with a
flat tax, you would only have a gross income. To be revenue neutral
the number is more like 20-25%

It's been years, but I thought the Forbes flat tax allowed for
dependents. That would affect your AGI. When the kids leave the nest
and get a job, it's gone.

bpuharic January 24th 10 12:58 AM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 17:30:25 -0700, Canuck57
wrote:

On 23/01/2010 11:52 AM, bpuharic wrote:
On Sat, 23 Jan 2010 12:41:35 -0500, wrote:


agreed. and the right is the group that destroyed pensions in this
country and left the 401K as the only financial mechanism to help the
middle class retire


Actually, it was liberal money management, corruption and lack of
conservatism.


again he thinks obama's been president for 8 years.

hey genius..the right wingers have run the country for the last 8
years. bush was elected and was president from 2001-2009.


Management always quots a much more optimistic value as possible to
pension plans as not to pay more in than they need to.


there are virtually no pensions left in the US.

Bruce[_11_] January 24th 10 01:00 AM

BREAKING: Brown Wins in Mass. Race
 
bpuharic wrote:
On Fri, 22 Jan 2010 18:26:38 -0600,
wrote:


On Fri, 22 Jan 2010 18:55:46 -0500, bpuharic wrote:



and the SCOTUS just ****ed us again. they ruled companies can do
whatever they want in terms of paying for campaigns.

this country, courtesy of the right wing, may be doomed

Oh yee of little faith. While I'll agree the SCOTUS decision is the
absolutely wrong one, you are starting to sound like a Republican,

given the fact 1 senator can deny healthcare to millions, our
political process is seriously ****ed up. it's time to disband the
senate

all

doom and gloom. If there is one thing I have learned, in my short time
on this planet, is this country is incredibly resilient. It's people are
the hardest working, most creative, people you will find. We have faced
far more difficult challenges than this current SCOTUS. We will survive,
and we will prosper. Hell, eight years of Bush hasn't killed us. Need I
say more?

you have a point. i hope folks dont forget bush. but it looks like
mebbe they are.


Disband the Senate? Your normally post a lot of weird **** but this is
just dumb.

Bruce[_11_] January 24th 10 01:00 AM

BREAKING: Brown Wins in Mass. Race
 
bpuharic wrote:
On Fri, 22 Jan 2010 19:42:10 -0500, John H
wrote:


On Fri, 22 Jan 2010 18:26:38 -0600,
wrote:


On Fri, 22 Jan 2010 18:55:46 -0500, bpuharic wrote:



and the SCOTUS just ****ed us again. they ruled companies can do
whatever they want in terms of paying for campaigns.

this country, courtesy of the right wing, may be doomed

Oh yee of little faith. While I'll agree the SCOTUS decision is the
absolutely wrong one, you are starting to sound like a Republican, all
doom and gloom. If there is one thing I have learned, in my short time
on this planet, is this country is incredibly resilient. It's people are
the hardest working, most creative, people you will find. We have faced
far more difficult challenges than this current SCOTUS. We will survive,
and we will prosper. Hell, eight years of Bush hasn't killed us. Need I
say more?

It's OK for Democrats to bribe each other with taxpayer money, but not
OK for both Democrats and Republicans to recieve corporate money.

Liberal thinking is quite strange.

now let's see...which justices voted to allow even MORE corruption in
the system?

oh...the conservative ones


Cite?

bpuharic January 24th 10 01:04 AM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 17:51:56 -0700, Canuck57
wrote:



So why not a fixed head tax?

BTW, I don't agree with a fixed head tax, and I don't agree with
aggressive taxation. The turd that coined progressive tried to use a
positive word for punitive taxation.

I subscribe to flat no deduction taxation, 10% right off the top and no
deductions. Taxed at source on every dollar earned, same rate for
companies as people. No income tax to fill out. Earn $10, get $9. End
of story, no loop holes or BS. No IRA/CRA harasement.


an idiotic idea. people below a certain income need money to eat.
those costs, ceteris paribus, are fixed. there's no reason the govt
should take from what people NEED to live vs what discretionary income
they hade


Taxed once at source for things like dividends. End the bull**** of
taxing the company and then the recipient. Reward investors in business
and skip the persecution part.


there's no persecution. they get to write off their losses

Bruce[_11_] January 24th 10 01:04 AM

BREAKING: Brown Wins in Mass. Race
 
nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

wrote in message
...


nom=de=plume wrote:


wrote in message
...



On Thu, 21 Jan 2010 06:42:08 -0500,
wrote:




capital gains tax was 38% when reagan took office. when bush left
they
were 15%

when's the last time the MIDDLE CLASS got a 50% tax cut?






BTW the capital gains reduction from 39% to 28% was in 1979 (Carter)




It dropped to 20% in 1997 (Clinton) and Bush took it to 15%

The GOP contribution to your 50% tax cut was 10% of it.



uh...no. the GOP controlled the congress under clinton. so they
forced the 30% reduction from 39 to 28. right before they impeached
clinton.



So we can blame the last 2 years of Bush on the Democrats?





There was a one year period of 20% during the Reagan administration
but it was back to 38% when he left.
That is not exactly what you posted or what you implied.



it seems you got it just a bit wrong...



Not so much Who said Reagan dropped the 38% ? (it was in the Carter
administration)




If they repeal this and allow the cap gains tax to rise, expect a
big
"correction" in the market as people cash in their profits before
the
tax kicks in. Too bad if your money is in a 401k and you can't get
out
but I guess we have already seen that happen recently.



of course this is bull****. there' so much money to be stolen by the
rich they won't do anything.



I agree the rich are getting richer but if you make less than $65,000
you get the best deal on capital gains. (5%)




And, you have less money to begin with, thus your "best deal" isn't so
great. Let's say you claim $10K in capital gains and pay 5%. Your net
is
$9500. Cool. Now, let's say you claim $100K in capital gains and pay
20%
(just for fun). Your net is $80K. So, looking at it in actual dollars,
which
is the "better deal" or rather, which one would you rather have?




It's a measure of success.


Yes, it's a measure of financial success. Your point? "Getting the best
deal" doesn't mean actually making a lot of money.




It doesn't mean you make less - using your example.


It means exactly that. $9500 vs. $80K? Is that a difficult comparison for
you? Which would you pick?


As a percentage. It's relative. The two individuals in your scenario
don't have the option to "pick".

Bruce[_11_] January 24th 10 01:08 AM

BREAKING: Brown Wins in Mass. Race
 
nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

"Bill wrote in message
m...


wrote in message
...


"Bill wrote in message
...


wrote in message
...


On Fri, 22 Jan 2010 08:40:09 -0500,
wrote:



The top brackets ought to be paying 49%, and there should be no cap
on
earnings subject to social security and medicare taxes.


As long as the top 1% controls 50% of the campaign contributions and
100% of the media you won't see that. They may pass that as the
published top rate but there will be enough tax shelters and
loopholes
so they won't actually pay that.
The government has a long rich history of using the tax code to drive
social policy. If you do politically correct things you get tax
breaks, big ones.


Is why there will never be a flat tax. Taxation is the ultimate
control.



A flat tax is regressive.

--
Nom=de=Plume



Actually is neither Regressive or Progressive.



You're just wrong. I don't know how to say it politely.

http://en.wikipedia.org/wiki/Flat_tax




No, he's not. Regression means that the more you make, the less you pay -
hardly a flat tax. You have to remember that the theory behind the flat
tax offers no deductions. It's a simple percentage of your income.


Didn't say regression - said regressive... and punative for those who make
just a bit.

You earn $100. You get to keep $90. You earn $100,000. You get to keep
$90,000. Which would you pick?


Dumb example. People who choose to ignore an education and/or are lazy
don't have the option to choose a $100K income.

bpuharic January 24th 10 01:10 AM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 17:58:30 -0700, Canuck57
wrote:



Liberals are always for big fat lard government. Too bad only liberals
would get the bills for liberal sized mistakes like debt and bailouts.


and right wingers are always for big fat, lard, church based govt.


Bruce[_11_] January 24th 10 01:12 AM

BREAKING: Brown Wins in Mass. Race
 
nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

"Bill wrote in message
...


wrote in message
...


On Fri, 22 Jan 2010 08:40:09 -0500,
wrote:



The top brackets ought to be paying 49%, and there should be no cap on
earnings subject to social security and medicare taxes.


As long as the top 1% controls 50% of the campaign contributions and
100% of the media you won't see that. They may pass that as the
published top rate but there will be enough tax shelters and loopholes
so they won't actually pay that.
The government has a long rich history of using the tax code to drive
social policy. If you do politically correct things you get tax
breaks, big ones.


Is why there will never be a flat tax. Taxation is the ultimate
control.



A flat tax is regressive.



That's impossible. Flat is flat. It can't be flat *and* regressive.

I like the idea of a flat tax. Take 15% of my AGI, I'll save $375 from
the CPA's bill, and life moves on.


What brain are you using??? If it's the same marginal rate for everyone,
those at the lower end get screwed. I like the idea of a 40' diameter cherry
pie, but I don't want one in my kitchen.


They aren't screwed. They pay the same % in taxes as those who chose to
get an education, not have 15 kids, get a good job, and pay their fair
share of taxes.

You seem to be defending the reprobates of America. Why?

bpuharic January 24th 10 01:13 AM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 20:00:59 -0500, Bruce wrote:

bpuharic wrote:
On Fri, 22 Jan 2010 19:42:10 -0500, John H
wrote:



It's OK for Democrats to bribe each other with taxpayer money, but not
OK for both Democrats and Republicans to recieve corporate money.

Liberal thinking is quite strange.

now let's see...which justices voted to allow even MORE corruption in
the system?

oh...the conservative ones


Cite?


http://www.msnbc.msn.com/id/34822247...supreme_court/


"The censorship we now confront is vast in its reach," Justice Anthony
Kennedy said in his majority opinion, joined by his four more
conservative colleagues.

Strongly disagreeing, Justice John Paul Stevens said in his dissent,
"The court's ruling threatens to undermine the integrity of elected
institutions around the nation."

Justices Ruth Bader Ginsburg, Stephen Breyer and Sonia Sotomayor
joined Stevens' dissent, parts of which he read aloud in the
courtroom.

bpuharic January 24th 10 01:14 AM

BREAKING: Brown Wins in Mass. Race
 
On Sat, 23 Jan 2010 20:00:24 -0500, Bruce wrote:

bpuharic wrote:
On Fri, 22 Jan 2010 18:26:38 -0600,
wrote:


On Fri, 22 Jan 2010 18:55:46 -0500, bpuharic wrote:


you have a point. i hope folks dont forget bush. but it looks like
mebbe they are.


Disband the Senate? Your normally post a lot of weird **** but this is
just dumb.


uh why? what function does the senate serve? and, yes, there are
plenty of democracies without a 'higher' chamber.

so, other than your assertion that it's dumb, do you have any
evidence? history is on my side, it seems


Bruce[_11_] January 24th 10 01:24 AM

BREAKING: Brown Wins in Mass. Race
 
John H wrote:
On Fri, 22 Jan 2010 18:48:23 -0600,
wrote:


On Fri, 22 Jan 2010 19:42:10 -0500, John H wrote:


On Fri, 22 Jan 2010 18:26:38 -0600,
wrote:


On Fri, 22 Jan 2010 18:55:46 -0500, bpuharic wrote:



and the SCOTUS just ****ed us again. they ruled companies can do
whatever they want in terms of paying for campaigns.

this country, courtesy of the right wing, may be doomed

Oh yee of little faith. While I'll agree the SCOTUS decision is the
absolutely wrong one, you are starting to sound like a Republican, all
doom and gloom. If there is one thing I have learned, in my short time
on this planet, is this country is incredibly resilient. It's people
are the hardest working, most creative, people you will find. We have
faced far more difficult challenges than this current SCOTUS. We will
survive, and we will prosper. Hell, eight years of Bush hasn't killed
us. Need I say more?

It's OK for Democrats to bribe each other with taxpayer money, but not
OK for both Democrats and Republicans to recieve corporate money.

Liberal thinking is quite strange.

When a multinational based in China, the communist one, decides to take
an interest in our elections, tell me again how strange Liberal thinking
is.

Do you honestly think they aren't now? Didn't someone here mention the
18% tariff paid on our exports to China and the zero percent tariff
paid on their imports? Do you think Democrats aren't affected by
money?

LOL

There are import tariffs, but they are based on the commodity. There
have been a litany of anti-dumping suits reviewed by the DOC that have
lead to these tariffs. However, I'm sure most Chinese imports do have a
0% tariff.

These tariffs result in higher prices for the products we buy but they
also help protect jobs in North America via NAFTA.

Bruce[_11_] January 24th 10 01:35 AM

BREAKING: Brown Wins in Mass. Race
 
Canuck57 wrote:
On 22/01/2010 6:58 PM, Bruce wrote:
bpuharic wrote:
On Thu, 21 Jan 2010 19:21:58 -0500, wrote:

bpuharic wrote:
On Wed, 20 Jan 2010 19:56:18 -0500, wrote:

when's the last time the MIDDLE CLASS got a 50% tax cut?



If they invested, they would see the same results. Do you understand
that it wasn't a 50% tax cut?

actually you're correct. it was greater than 50%

the middle class got screwed even more.t hanks for pointing that out


How is the middle class not subject to the same taxes?
because our tax rate stayed the same

the rich got a HUGE tax break as their incomes skyrocketed

Same taxes. What's wrong with success?


Liberal losers feel entitled and evnvious of sucess.

Not that I agree with it, but that is what it is. It isn't
politicially correct to say, hey, if you want it, get off your lard
ass and work for it.

True. Entitlements are bull****.

bpuharic January 24th 10 01:38 AM

BREAKING: Brown Wins in Mass. Race
 


You earn $100. You get to keep $90. You earn $100,000. You get to keep
$90,000. Which would you pick?


Dumb example. People who choose to ignore an education and/or are lazy
don't have the option to choose a $100K income.


or they could be black, jewish, women, latino, etc.


Bruce[_11_] January 24th 10 01:48 AM

BREAKING: Brown Wins in Mass. Race
 
nom=de=plume wrote:
wrote in message
...
On Jan 23, 12:08 pm, wrote:

On 23/01/2010 12:31 AM, nom=de=plume wrote:






wrote in message
...

nom=de=plume wrote:

"Bill wrote in message
m...


wrote in message
...


"Bill wrote in message
...


wrote in message
...


On Fri, 22 Jan 2010 08:40:09 -0500,
wrote:


The top brackets ought to be paying 49%, and there should be no
cap
on
earnings subject to social security and medicare taxes.


As long as the top 1% controls 50% of the campaign contributions
and
100% of the media you won't see that. They may pass that as the
published top rate but there will be enough tax shelters and
loopholes
so they won't actually pay that.
The government has a long rich history of using the tax code to
drive
social policy. If you do politically correct things you get tax
breaks, big ones.


Is why there will never be a flat tax. Taxation is the ultimate
control.


A flat tax is regressive.


--
Nom=de=Plume


Actually is neither Regressive or Progressive.


You're just wrong. I don't know how to say it politely.


http://en.wikipedia.org/wiki/Flat_tax


No, he's not. Regression means that the more you make, the less you
pay -
hardly a flat tax. You have to remember that the theory behind the flat
tax offers no deductions. It's a simple percentage of your income.


Didn't say regression - said regressive... and punative for those who
make
just a bit.


You earn $100. You get to keep $90. You earn $100,000. You get to keep
$90,000. Which would you pick?

90,000 of course. But it is fair, for each dollar the use is the same.
Bet the $90,000 earner also worked harder. Why should he pay 30% when
the lacky gets a 10% rate? Are we penalizing those who work?


Besides, that whole position is simple-minded. In regard to taxes
there is no choice to be made as the two examples are exactly the
same... they are being taxed equally. It's an easy sixth grade math
problem.

I didn't see knuckle's (no offense intended) reply for some reason.

Yes, you're right. They're identical tax rates. My point was that a flat tax
isn't appropriate because it's regressive for the lower earner. If you
change the lower number to something more reasonable, say $40K/year vs. $100
(which was just a limiting case to use as an example). Someone who makes
$40K could be someone who works really hard... 10 hours/day 6 days/week,
perhaps two jobs. The person who makes $100K/yr. perhaps might only work 20
hrs./wk. We don't need to get into the socio/economic reasons, but there's
no way to claim that the lower earner is working less hard. Yet, when you
look at a flat tax, the $40K person would keep $36K. The $100K person would
keep $90K. Who is hurt more? Again, which salary would you pick? The answer
is likely obvious. Are we penalizing those who work hard, but have
low-paying jobs? My answer is yes.

Let's take a progressive (e.g., non-flat tax) rate. The upper income person
is taxed at 20% and the lower one is taxed at 5%. (Quite a difference,
right? Yet...) The numbers: Lower incomer keeps $38K. The upper incomer
keeps $80K. Clearly, the upper incomer still keeps a decent amount and most
people would still pick being this person. Yet, the lower incomer isn't hurt
nearly as much.


Now if one wanted to discuss compensation, then of course anyone would
take the 100k job. Of course, not everyone is qualified or able to
perform it. But that's a completely different subject.

True enough I suppose. Of course, there's baggage sometimes associated with
higher salaries... different subject as you say.


You are making **** up. Your assumptions have no bearing on the truth:

Many low-wage employees work harder because their skill level can only
get them a job involving 9-5 actual labor. Those who chose to get an
education are paid more for what they know than what they do -
physically. There is no comparison.

nom=de=plume January 24th 10 03:09 AM

BREAKING: Brown Wins in Mass. Race
 
"Bruce" wrote in message
...
nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

wrote in message
...


nom=de=plume wrote:


wrote in message
...



On Thu, 21 Jan 2010 06:42:08 -0500,
wrote:




capital gains tax was 38% when reagan took office. when bush
left
they
were 15%

when's the last time the MIDDLE CLASS got a 50% tax cut?






BTW the capital gains reduction from 39% to 28% was in 1979
(Carter)




It dropped to 20% in 1997 (Clinton) and Bush took it to 15%

The GOP contribution to your 50% tax cut was 10% of it.



uh...no. the GOP controlled the congress under clinton. so they
forced the 30% reduction from 39 to 28. right before they impeached
clinton.



So we can blame the last 2 years of Bush on the Democrats?





There was a one year period of 20% during the Reagan
administration
but it was back to 38% when he left.
That is not exactly what you posted or what you implied.



it seems you got it just a bit wrong...



Not so much Who said Reagan dropped the 38% ? (it was in the Carter
administration)




If they repeal this and allow the cap gains tax to rise, expect a
big
"correction" in the market as people cash in their profits before
the
tax kicks in. Too bad if your money is in a 401k and you can't get
out
but I guess we have already seen that happen recently.



of course this is bull****. there' so much money to be stolen by
the
rich they won't do anything.



I agree the rich are getting richer but if you make less than
$65,000
you get the best deal on capital gains. (5%)




And, you have less money to begin with, thus your "best deal" isn't
so
great. Let's say you claim $10K in capital gains and pay 5%. Your net
is
$9500. Cool. Now, let's say you claim $100K in capital gains and pay
20%
(just for fun). Your net is $80K. So, looking at it in actual
dollars,
which
is the "better deal" or rather, which one would you rather have?




It's a measure of success.


Yes, it's a measure of financial success. Your point? "Getting the best
deal" doesn't mean actually making a lot of money.




It doesn't mean you make less - using your example.


It means exactly that. $9500 vs. $80K? Is that a difficult comparison for
you? Which would you pick?


As a percentage. It's relative. The two individuals in your scenario
don't have the option to "pick".



No... really? Yes, as a percentage...

If you could chose your situation was the question. duhhh...

--
Nom=de=Plume



nom=de=plume January 24th 10 03:13 AM

BREAKING: Brown Wins in Mass. Race
 
"Canuck57" wrote in message
...
On 23/01/2010 1:43 PM, nom=de=plume wrote:

Yes, you're right. They're identical tax rates. My point was that a flat
tax
isn't appropriate because it's regressive for the lower earner. If you
change the lower number to something more reasonable, say $40K/year vs.
$100
(which was just a limiting case to use as an example). Someone who makes
$40K could be someone who works really hard... 10 hours/day 6 days/week,
perhaps two jobs. The person who makes $100K/yr. perhaps might only work
20
hrs./wk. We don't need to get into the socio/economic reasons, but
there's
no way to claim that the lower earner is working less hard. Yet, when you
look at a flat tax, the $40K person would keep $36K. The $100K person
would
keep $90K. Who is hurt more? Again, which salary would you pick? The
answer
is likely obvious. Are we penalizing those who work hard, but have
low-paying jobs? My answer is yes.


Why not go the other way since we are socialising talk.

Why not a fixed head tax, say $10,000 a year. If you can't pay it then
you become a slave. You even lose the right to vote as you are considered
a minor dependant unable to fend for ones self.


That's a patently dumb argument. It's not what we're discussing, except in
your twisted view of the world.

The reasoning being in a nanny state of government health care, your ass
is just as expensive as mine to keep. We went to the same schools, thus
should be taxed the same in value. We ge the same government protection
from police, in fact since I make more I have more to loose this even pose
a lower risk.

So why not a fixed head tax?


blah, blah... same noise, repeated endlessly, as though it's someday going
to make sense.


BTW, I don't agree with a fixed head tax, and I don't agree with
aggressive taxation. The turd that coined progressive tried to use a
positive word for punitive taxation.

I subscribe to flat no deduction taxation, 10% right off the top and no
deductions. Taxed at source on every dollar earned, same rate for
companies as people. No income tax to fill out. Earn $10, get $9. End
of story, no loop holes or BS. No IRA/CRA harasement.


As I said, that's regressive. It punishes lower income folks.


Taxed once at source for things like dividends. End the bull**** of
taxing the company and then the recipient. Reward investors in business
and skip the persecution part.

And taxaton is fixed, governmetn cannot raise or lower it without a
referendum of all affected. And you can only vote if you pay a minimum of
$1000 in taxes. None of this mentality of losers telling winners how it
works.


Sorry to burst your bubble, but something very similar is going on in
California. It's a budget disaster.

Government should have it's spending capped as a percentage of gross
income to preven statism creap. If the greedy government wants more
revenue, better make for a good economy with decent jobs or suck for it.


You idiot... the gov't is the people. The gov't doesn't "make for a good
economy." The people make up the economy.

--
Nom=de=Plume




All times are GMT +1. The time now is 10:08 AM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004 - 2014 BoatBanter.com