Avoiding taxes....
 

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?

Avoiding taxes....
 

On 24/07/2010 1:55 PM, wrote:
On Sat, 24 Jul 2010 12:46:51 -0400, wrote:

On Sat, 24 Jul 2010 11:48:39 -0400, wrote:

On Sat, 24 Jul 2010 11:31:21 -0400, wrote:

On Sat, 24 Jul 2010 11:16:34 -0400, wrote:

On Sat, 24 Jul 2010 06:01:13 -0400, wrote:

Tax avoidance is never illegal or immoral , as long is it is done by
liberals.

IOW the right wing taxes the middle class and it's immoral to avoid
them

figures

Why are you defending this guy? He IS the rich.

i'm not defending him at all. tax avoidance is not immoral. i do it
myself

and he's been supporting taxing the rich and reducing taxes on normal
americans

Taxing the rich as long as it isn't him.

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.
You do still have your life savings in the market in a 401k don't you?
That should be important to you.

On the whole average of things, taxing capital gains is really a wealth tax.

If say the market was DOW of 10000, and an auto cost $30k. Now say
inflation in 10+ years makes it DOW at 20000 and cars then cost $60k
have you really increased the purchasing power of the money? The answer
is no, the reality is you have lost money as the 10,000 gain will be
taxed setting you back in purchasing power.

Which is why buy-hold does not work. Given that in 10% of the time a
stock gains 90% of its value, why buy and hold? Just to eat the risk
the executives are cooking the books? Granted, if they pay a decent
dividend but most dividends today are crap.

It may seem counter intuitive, but now might be a good time to pickup
real estate. I say this because the US is headed towards inflation one
way or another. Currency cannot be counted on to maintain value and
gold, well, it already has most of what is going to happen factored in.

I could be wrong, but I don't see a DOW of 12,000 any time soon. High
inflation, depreciating currency, higher taxes equates to people
spending less than they do today. I can sure see why Japans lost decades
occured.
--

Government has liberals, idealists and lawyers, but where is the common
sense?

Avoiding taxes....
 

On 24/07/2010 2:56 PM, bpuharic 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?

Your so stupid, it is truly amazing.
--

Government has liberals, idealists and lawyers, but where is the common
sense?

Avoiding taxes....
 

wrote in message
...
On Fri, 23 Jul 2010 14:50:30 -0700, jps wrote:

My bet is that wealthy Ds are far more likely to accept a raise in
taxes than their Republican counterparts.

It certainly wouldn't be Kerry would it?

Singling out one example is silly and you know it.



Kerry is an all around hypocrite. He rails on about "carbon" but he
was one of the loudest critics of "Cape Wind". All of that alternate
energy stuff is great as long as it isn't near his house.


Yep. Notice how Kerry is keeping a low profile nationally? Tries to stay
off the radar screen.
Doesn't want to comment on much of anything going on. Plays the party line
when he has to in terms of supporting Obama, but doesn't offer much. He's
watching from the sidelines.
If he determines that Obama is in trouble in 2012, Kerry will be the first
to throw O under the bus and pursue the nomination.

CC

Avoiding taxes....
 

On Sat, 24 Jul 2010 16:03:45 -0600, Canuck57
wrote:

On 24/07/2010 2:56 PM, bpuharic 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?

Your so stupid, it is truly amazing.

IOW 'i just got my ass kicked so this is the best i can do'

yeah. go listen to rush. he'll kiss it and make it better

Avoiding taxes....
 

On Sat, 24 Jul 2010 16:01:58 -0600, Canuck57
wrote:



On the whole average of things, taxing capital gains is really a wealth tax.

makes sense to me.

It may seem counter intuitive, but now might be a good time to pickup
real estate. I say this because the US is headed towards inflation

gee. greenspan's been preaching that for 30 years. just like he
preached that wall street was honest and not greedy

how'd that work out?

Avoiding taxes....
 

On Sat, 24 Jul 2010 11:13:47 -0400, wrote:

On Fri, 23 Jul 2010 16:01:47 -0700, jps wrote:

You are rife with dishonesty. Gore isn't an average person. Is he
any greater or less than a person in similar circumstances?

When they compared Gore's house with GWB's house it was apparent who
the real carbon hog was. Gore does live in a castle (now two castles)
but I guess he is a lot richer than Bush ... from selling phony carbon
credits and being a TV evangelist for a cult religion..
That is a business that makes CDO salesmen look like an honorable
profession.

You'd like to base your comparison on means? Then I'm certain he's a
piker when compared to most living on the top end of the means
spectrum. How many houses does McCain have? 5 or 9 or something like
that.

I'd rather base the comparison on that person's industry or lack
thereof. Most of Gore's carbon footprint was due to his travel.

What does GW Bush do that's in the least bit industrious? Speak on a
hack, has been tour for $15 a seat?

Whether you agree with Gore isn't the issue.

Avoiding taxes....
 

On Sat, 24 Jul 2010 18:11:22 -0400, "Charles C."
wrote:



wrote in message
.. .
On Fri, 23 Jul 2010 14:50:30 -0700, jps wrote:

My bet is that wealthy Ds are far more likely to accept a raise in
taxes than their Republican counterparts.

It certainly wouldn't be Kerry would it?

Singling out one example is silly and you know it.



Kerry is an all around hypocrite. He rails on about "carbon" but he
was one of the loudest critics of "Cape Wind". All of that alternate
energy stuff is great as long as it isn't near his house.


Yep. Notice how Kerry is keeping a low profile nationally? Tries to stay
off the radar screen.
Doesn't want to comment on much of anything going on. Plays the party line
when he has to in terms of supporting Obama, but doesn't offer much. He's
watching from the sidelines.
If he determines that Obama is in trouble in 2012, Kerry will be the first
to throw O under the bus and pursue the nomination.

CC

Kerry is done and he knows it. There's not a chance in hell that he'd
try again. You thinking so brings the rest of your analysis into
question.

Avoiding taxes....
 

Tax avoidance is never illegal or immoral , as long is it is done by
liberals.

No, tax avoidance is never illegal or immoral, as long as it is done by the
BOOK.

ala George Steinbrenner. Someone in the Obama administration has a "not
tonight, honey" headache with all that cash flying out the window, and on
the eve of the invocation of the death tax. Why is it that all these new
decrees seem to have religious rites connotations? But I digress.

Tax avoidance has many names. Loopholes. Deductions. Shelters. LLC's.
Limited partnerships. Corporations. Businesses, and ALL, EVERY ONE OF THEM
available to the common man who has an above room temperature IQ and a
library card!

If I die tomorrow, I don't own much. The $40,000 truck I drive is in the
family trust. All my real estate is in living trusts. My insurance and gas
is mostly paid from business expense accounts, which come off the income
before tax rates are applied. I eat out, always managing to talk about
business, or some shred of it at $75 per person meals. All the office
supplies, cable, computers, etc, is for business purposes. Or at least
plausibly claimed. I don't live rich, but manage to take cruises, leave the
continental US about twice a year, always have at least $100 in my pocket,
and have a piece of plastic in my billfold with a $16k limit on it that's
paid in full every month. I never want anything, and just can't afford it.
Unless it would be a helicopter, and I just don't want one because I
couldn't get a license to drive it because of heart problems. I have no
idea how many businesses I have accounts at.

This idea that tax avoidance is for the rich only is a myth.

Tax avoidance is for the intelligent ONLY. If one is merely too stupid to
go to the library and check out "100 Things You Can Do Legally To Reduce
Your Taxes", then they just get what they get. And if they can't take it
from there, and reduce their tax burden and stay out of debt, then they are
just poor money managers.

Apologies to stupid people.

Steve

visit my blog at http://cabgbypasssurgery.com

Avoiding taxes....
 

On Sat, 24 Jul 2010 20:02:01 -0400, wrote:

On Sat, 24 Jul 2010 16:56:27 -0400, bpuharic 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.

unfortunately private industry in the US is supposed to create jobs.
they're not. after 30 years of starving the middle class, america's
corporations have discovered that people cant spend money they dont
have


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.

aw gee.

too bad you didnt let the other 100m middle class americans know what
a genius you are. after all, we just followed wall street. the right
wing told us that was safe

just like they tell us today