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Avoiding taxes....
On Sat, 24 Jul 2010 20:53:01 -0400, Harry ?
wrote: .. Obama can steer the government into creating or sustaining public sector jobs, and federal agencies can help the private sector be in a better position to create or add jobs or rehire, but the private sector isn't doing anything, despite soaring profits in some segments. It's too bad the "private" economy doesn't work anymore. the logic USED to be that companies would transfer SOME portion of productivity increases to workers in the form of increased wages. this is needed to keep the middle class vibrant and spending. but in the last 30 years, ALL producitivity increases have gone to CEO's and stockholders (the top 10% of weathholders have 90% of stock). that's one principal reason we're in the shape we're in. the wealthy are now reaping what they sowed. |
Avoiding taxes....
On 23-Jul-2010, W1TEF wrote: The Kerry Way!! "Sen. John Kerry, who has repeatedly voted to raise taxes while in Congress, dodged a whopping six-figure state tax bill on his new multimillion-dollar yacht by mooring her in Newport, R.I." http://bostonherald.com/track/inside...icleid=1269698 Gotta love it. So he's a hypocrite and scum bag, not an idiot! No news there. |
Avoiding taxes....
On 24/07/2010 6:02 PM, wrote:
On Sat, 24 Jul 2010 16:56:27 -0400, 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. 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. But we have to be thankful for that once in a life time bonaza the liberal-lefties ponzi money management gave us. Buying Ford at $2.25 and selling in the high $6, and others ... priceless. 4%, that is nothing. If a fund maanger was worth salt, they would have don't that in an average month in 2009. -- Government has liberals, idealists and lawyers, but where is the common sense? |
Avoiding taxes....
On 24/07/2010 6:15 PM, bpuharic wrote:
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 It is not economical at the moment to provide those jobs. Most people don't have the money for debt and taxes. -- Government has liberals, idealists and lawyers, but where is the common sense? |
Avoiding taxes....
On 24/07/2010 6:53 PM, Harry  wrote:
On 7/24/10 8:02 PM, wrote: On Sat, 24 Jul 2010 16:56:27 -0400, 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. 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. Obama can steer the government into creating or sustaining public sector jobs, and federal agencies can help the private sector be in a better position to create or add jobs or rehire, but the private sector isn't doing anything, despite soaring profits in some segments. It's too bad the "private" economy doesn't work anymore. Not sustainable. Governemtn cannot create wealth, they can only redistribute it and consume it. But cannot create wealth. You really do not knwo economics if you do not understand government cannot create wealth. -- Government has liberals, idealists and lawyers, but where is the common sense? |
Avoiding taxes....
On Sun, 25 Jul 2010 17:10:35 -0600, Canuck57
wrote: On 24/07/2010 6:15 PM, bpuharic wrote: 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 It is not economical at the moment to provide those jobs. yeah. the right can't steal enough money right now because the middle class is tapped out. Most people don't have the money for debt and taxes. correct. the richest 1% had their incomes increase by 500% in the last 30 years while the middle class had NO increase and the right wing wonders why the middle class isn't spending DUH!! |
Avoiding taxes....
On Sun, 25 Jul 2010 17:12:18 -0600, Canuck57
wrote: Not sustainable. Governemtn cannot create wealth, they can only redistribute it and consume it. But cannot create wealth. they can make investments that have a positive ROI, just like companies can. You really do not knwo economics if you do not understand government cannot create wealth. weatlh has many forms. and yes, govt can create wealth ever hear of public education? |
Avoiding taxes....
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Avoiding taxes....
"Frogwatch" wrote in message ... On Jul 23, 3:13 pm, jps wrote: On Fri, 23 Jul 2010 14:18:26 -0400, wrote: On Fri, 23 Jul 2010 10:06:50 -0700, jps wrote: You think there are more rich Ds than Rs? Just the ones with power, like Senators and presidents. I am sure a lot more poor people believe Democrats are helping them but if you can believe the chart Bob is selling this week, the "middle class" got screwed as badly in the 90s as they did in the 2000s. Oh, come on. Those are the second and third tier sock puppets who do the bidding of the truly powerful. They write and pass laws to protect wealth and put systems in place to ensure that the wealthy aren't disturbed. My bet is that wealthy Ds are far more likely to accept a raise in taxes than their Republican counterparts. And my contention is that there are far fewer truly wealthy Ds than Rs. It is well known that Dems get more of their money from rich people whereas the Repubs get theirs from small individual donations. Dems are the party of the rich and the party of the parasitical overpaid govt employees. Look at how many of the Obama appointees illegally avoided paying taxes until they were appointed. Then they were allowed to just pay a few fines. Fat chance of that happening to anybody else. Dems believe in taxing the poor and because they are rich they can afford to pay tax advisors to avoid paying taxes. All taxpayers are equal but some are more equal than others. Democrats are the party of the rich. WHAT??? You're just making things up. The 180 deg opposite is true. Good grief at least try to lie creatively and with some subtlety. |
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