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ah, yes, the latest on my company 401K
On Tue, 20 Jul 2010 19:06:17 -0400, Larry wrote:
bpuharic wrote: On Tue, 20 Jul 2010 05:03:58 -0400, "Charles C." wrote: if, however, you're a baby boomer, well that's a different story CC So, in other words, I should be screaming and bitching about the "loss" of money that I never earned or had. I see. Starting to understand how the left thinks. go ahead and try to get a loan using your 401K as collateral see what happens CC When would any lender accept a 401K account as collateral? since it's a standard part of a loan applcation. that's when been renting all your life, i see |
ah, yes, the latest on my company 401K
On Tue, 20 Jul 2010 17:50:24 -0600, Canuck57
wrote: Can the left think? tell it to milton friedman and alan greenspan...architects of today's economy. neither is/was of the left how's the economy doing under radical free market socialism for the rich? |
ah, yes, the latest on my company 401K
On Mon, 19 Jul 2010 22:11:52 -0600, Canuck57
wrote: On 19/07/2010 9:14 PM, bpuharic wrote: On Mon, 19 Jul 2010 19:21:25 -0400, wrote: bpuharic wrote: yeah. when's the last time the GOP proposed a capital gains tax INCREASE? oh. never. QED Capital gains is really a wealth tax. nope. capital gains are income. sorry. Say you owned an average company, stable but average in every way. Worht $1 a share. Pays a constant 4% dividend. Some decades later it is worth $4 but every you could by for a $1 is now $4, in dollars you have 4 tiems as much but in buying power you are the same. Thus no real gain other than the dividend you get. you pay CGT on equities when you sell them. then they are income. you dont know much about economics, do you? and it's taxed at 15%. another example of socialism for the rich |
ah, yes, the latest on my company 401K
On Tue, 20 Jul 2010 19:00:38 -0400, Larry wrote:
bpuharic wrote: On Mon, 19 Jul 2010 19:21:25 -0400, wrote: when's the last time the GOP proposed a capital gains tax INCREASE? oh. never. QED Why do you have to worry about that? Are you at retirement age? 55. close enough. i worry because i'm shouldering the burden for the rich. we bail them out. they pay lower taxes than i do. they dont boost middle class incomes by wage increases...they do nothing for the middle class. america has the least equitable income structure in the western world. it's one reason we're in the shape we're in and tot he right wing, that's proof god loves the US |
ah, yes, the latest on my company 401K
On Tue, 20 Jul 2010 19:02:59 -0400, Larry wrote:
You are responding to a post to bpathetic. right wingers dont like it when you tell 'em there's no santa claus |
ah, yes, the latest on my company 401K
On 20/07/2010 7:49 PM, bpuharic wrote:
On Tue, 20 Jul 2010 17:50:24 -0600, wrote: Can the left think? tell it to milton friedman and alan greenspan...architects of today's economy. neither is/was of the left how's the economy doing under radical free market socialism for the rich? Maybe not by your standards, but by mine, Greenspan was a leftie. Caved into Clinton and congress pretty good. He even admited he screwed up in doing so. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On 20/07/2010 7:51 PM, bpuharic wrote:
On Mon, 19 Jul 2010 22:11:52 -0600, wrote: On 19/07/2010 9:14 PM, bpuharic wrote: On Mon, 19 Jul 2010 19:21:25 -0400, wrote: bpuharic wrote: yeah. when's the last time the GOP proposed a capital gains tax INCREASE? oh. never. QED Capital gains is really a wealth tax. nope. capital gains are income. sorry. Say you owned an average company, stable but average in every way. Worht $1 a share. Pays a constant 4% dividend. Some decades later it is worth $4 but every you could by for a $1 is now $4, in dollars you have 4 tiems as much but in buying power you are the same. Thus no real gain other than the dividend you get. you pay CGT on equities when you sell them. then they are income. you dont know much about economics, do you? and it's taxed at 15%. another example of socialism for the rich You have one redeeming value. Reminds us all that stinking leftist whining is a severe limitation to personal wealth. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On 20/07/2010 7:52 PM, bpuharic wrote:
On Tue, 20 Jul 2010 19:00:38 -0400, wrote: bpuharic wrote: On Mon, 19 Jul 2010 19:21:25 -0400, wrote: when's the last time the GOP proposed a capital gains tax INCREASE? oh. never. QED Why do you have to worry about that? Are you at retirement age? 55. close enough. i worry because i'm shouldering the burden for the rich. we bail them out. they pay lower taxes than i do. they dont boost middle class incomes by wage increases...they do nothing for the middle class. Give me a break, I probably pay more in taxes than you make gross. america has the least equitable income structure in the western world. it's one reason we're in the shape we're in and tot he right wing, that's proof god loves the US Let me correct you, bpuharic was not up to the challenge, got greedy and made bad investments or perhaps in debt up to his ass never really saved more than $40. -- Government has liberals, idealists and lawyers, but where is the common sense? |
ah, yes, the latest on my company 401K
On Tue, 20 Jul 2010 20:01:34 -0600, Canuck57
wrote: On 20/07/2010 7:49 PM, bpuharic wrote: On Tue, 20 Jul 2010 17:50:24 -0600, wrote: Can the left think? tell it to milton friedman and alan greenspan...architects of today's economy. neither is/was of the left how's the economy doing under radical free market socialism for the rich? Maybe not by your standards, but by mine, Greenspan was a leftie. jesus christ...if you're calling greenspan a leftie... Caved into Clinton and congress pretty good. He even admited he screwed up in doing so. he admitted wall street was greedy. he, unlike you, knew the rich could be greedy you're a right wing moron so are too stupid to understand greenpan can learn. you can't |
ah, yes, the latest on my company 401K
On Tue, 20 Jul 2010 20:03:12 -0600, Canuck57
wrote: On 20/07/2010 7:51 PM, bpuharic wrote: On Mon, 19 Jul 2010 22:11:52 -0600, wrote:x. nope. capital gains are income. sorry. Say you owned an average company, stable but average in every way. Worht $1 a share. Pays a constant 4% dividend. Some decades later it is worth $4 but every you could by for a $1 is now $4, in dollars you have 4 tiems as much but in buying power you are the same. Thus no real gain other than the dividend you get. you pay CGT on equities when you sell them. then they are income. you dont know much about economics, do you? and it's taxed at 15%. another example of socialism for the rich You have one redeeming value. Reminds us all that stinking leftist whining is a severe limitation to personal wealth. to you, anyone to the left of mussolini is a leftist. and if the right wing is so correct why is the economy in the toilet after 30 years of reaganomics? |
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