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#1
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![]() "Larry" wrote in message ... D.Duck wrote: "nom=de=plume" wrote in message ... wrote in message ... On Thu, 22 Jul 2010 06:30:16 -0400, bpuharic wrote: it's greed. there's a reason the financial sector accounted for 40% of GDP in 2007 while the US did NOT become more competitive in world markets. the financial sector added NOTHING to US assets Where do you think the money for your retirement will be coming from? The whole basis for everyone's pension, 401k and IRA is that Wall Street sector you seem to hate. Retirees are by definition not adding anything to the economy, they are living off of it. Well, that's not really true. They're spending their money in many ways that contribute. If they just hoarded their money, the economy would be much worse off. The same is true of everyone on Social Security. You better hope Wall Street stays 40% of the economy if you want your 401k to be worth anything when you start sucking off the public tit. Unfortunately, 401Ks and IRAs (except Roths) aren't really great for retirement instruments. People forget about the tax consequences of withdrawing money. Tax rates are at historic lows. They will rise, and one needs to factor that in when planning for retirement. Well put. That's why I've been slowly removing money from my traditional IRA for the past ten years to minimize the tax implications as much as I can. Yup. Obama's off-the-chart spending will certainly increase taxes. He can't keep printing money forever. You're truly stupid. The fact is that Bush lowered taxes for no damn good reason, and they were already at historic lows. This isn't sustainable. Even a moron like you should know that. Keep blaming Obama for all your troubles, but they're definitely self-made. |
#2
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![]() wrote in message ... On Thu, 22 Jul 2010 18:08:03 -0700, "nom=de=plume" wrote: Yup. Obama's off-the-chart spending will certainly increase taxes. He can't keep printing money forever. You're truly stupid. The fact is that Bush lowered taxes for no damn good reason, and they were already at historic lows. This isn't sustainable. Even a moron like you should know that. Keep blaming Obama for all your troubles, but they're definitely self-made. Bush lowered taxes because that was what they thought you did to stimulate the economy. The Dow did go over 11,000 and a lot of people thought they were rich enough to buy a couple of McMansions, so it may have done something. As we are now demonstrating, it was an across the board tax cut that you agree helps the bottom. Bush lowered taxes because he wanted to enrich his friends. The DOW reached 11K in 2000 or so. Bush had NOTHING to do with it. That would be Clinton. Facts are facts my friend. You don't just get to pull them out of thin air. The across the board tax cut did some good for the regular people, but it did far more for the rich. |
#3
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#4
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#6
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posted to rec.boats
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In article ,
says... "Harry ?" wrote in message ... On 7/23/10 8:16 AM, I am Tosk wrote: In , says... On Thu, 22 Jul 2010 18:08:03 -0700, "nom=de=plume" wrote: Yup. Obama's off-the-chart spending will certainly increase taxes. He can't keep printing money forever. You're truly stupid. The fact is that Bush lowered taxes for no damn good reason, and they were already at historic lows. This isn't sustainable. Even a moron like you should know that. Keep blaming Obama for all your troubles, but they're definitely self-made. Bush lowered taxes because that was what they thought you did to stimulate the economy. The Dow did go over 11,000 and a lot of people thought they were rich enough to buy a couple of McMansions, so it may have done something. As we are now demonstrating, it was an across the board tax cut that you agree helps the bottom. Do you disagree that every tax hike is "across the board"? Really, if a "rich guy" is making a million dollars a year and paying a quarter million in taxes, next year he has to pay half a million in taxes, do you doubt that he will find a way to increase his bottom line (coming directly out of everyones pocket) to make up for it? When the price of Widgets goes up, who pays the difference, only the rich? No, it's you and me, and proportionally, we pay more than the so called "rich"... You have no job and no income. You pay nothing in federal income tax. You appear to be a stalker Krowsie. I make and pay more than our resident pedophile, Harry. I have offered several times to match tax returns to prove it, but he won't. Can you guess why??? ![]() -- Rowdy Mouse Racing - We race for cheese! |
#7
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posted to rec.boats
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"I am Tosk" wrote in message
... In article , says... "Harry ?" wrote in message ... On 7/23/10 8:16 AM, I am Tosk wrote: In , says... On Thu, 22 Jul 2010 18:08:03 -0700, "nom=de=plume" wrote: Yup. Obama's off-the-chart spending will certainly increase taxes. He can't keep printing money forever. You're truly stupid. The fact is that Bush lowered taxes for no damn good reason, and they were already at historic lows. This isn't sustainable. Even a moron like you should know that. Keep blaming Obama for all your troubles, but they're definitely self-made. Bush lowered taxes because that was what they thought you did to stimulate the economy. The Dow did go over 11,000 and a lot of people thought they were rich enough to buy a couple of McMansions, so it may have done something. As we are now demonstrating, it was an across the board tax cut that you agree helps the bottom. Do you disagree that every tax hike is "across the board"? Really, if a "rich guy" is making a million dollars a year and paying a quarter million in taxes, next year he has to pay half a million in taxes, do you doubt that he will find a way to increase his bottom line (coming directly out of everyones pocket) to make up for it? When the price of Widgets goes up, who pays the difference, only the rich? No, it's you and me, and proportionally, we pay more than the so called "rich"... You have no job and no income. You pay nothing in federal income tax. You appear to be a stalker Krowsie. I make and pay more than our resident pedophile, Harry. I have offered several times to match tax returns to prove it, but he won't. Can you guess why??? ![]() -- Rowdy Mouse Racing - We race for cheese! Is he one of those dumbocrats that forgets to file year after year? -- Harold |
#8
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posted to rec.boats
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I am Tosk wrote:
In , says... "Harry wrote in message ... On 7/23/10 8:16 AM, I am Tosk wrote: In , says... On Thu, 22 Jul 2010 18:08:03 -0700, "nom=de=plume" wrote: Yup. Obama's off-the-chart spending will certainly increase taxes. He can't keep printing money forever. You're truly stupid. The fact is that Bush lowered taxes for no damn good reason, and they were already at historic lows. This isn't sustainable. Even a moron like you should know that. Keep blaming Obama for all your troubles, but they're definitely self-made. Bush lowered taxes because that was what they thought you did to stimulate the economy. The Dow did go over 11,000 and a lot of people thought they were rich enough to buy a couple of McMansions, so it may have done something. As we are now demonstrating, it was an across the board tax cut that you agree helps the bottom. Do you disagree that every tax hike is "across the board"? Really, if a "rich guy" is making a million dollars a year and paying a quarter million in taxes, next year he has to pay half a million in taxes, do you doubt that he will find a way to increase his bottom line (coming directly out of everyones pocket) to make up for it? When the price of Widgets goes up, who pays the difference, only the rich? No, it's you and me, and proportionally, we pay more than the so called "rich"... You have no job and no income. You pay nothing in federal income tax. You appear to be a stalker Krowsie. I make and pay more than our resident pedophile, Harry. I have offered several times to match tax returns to prove it, but he won't. Can you guess why??? ![]() Another lie? Do I win? |
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