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the success of the bush tax cuts
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the success of the bush tax cuts
In article ,
says... On Tue, 14 Jun 2011 01:05:46 -0400, wrote: On Mon, 13 Jun 2011 20:04:44 -0400, wf3h wrote: On Mon, 13 Jun 2011 19:33:44 -0400, wrote: That would encourage more long term investment. I think I would but an extra tax on any financial instrument that was kept less than a month to make flash trading less attractive. let's get one thing straight we dont need more INVESTMENT we need more CONSUMPTION. although investment is a form of consumption, ONLY MIDDLE CLASS CONSUMPTION can pull us out of the depression and wall street is NOT gonna let that happen You can't get consumption without jobs and the only way we get that is by expansion. It is clear the stimulus money just went into rich people's pockets and not much actually got invested in expanded industry. (thanks for a "no stimulus" stimulus bill) There are plenty of stim projects underway, even if you don't believe it or think they're working. They are working. We need more of them. Name 10 of them. |
the success of the bush tax cuts
In article ,
says... In article , says... On Tue, 14 Jun 2011 01:05:46 -0400, wrote: On Mon, 13 Jun 2011 20:04:44 -0400, wf3h wrote: On Mon, 13 Jun 2011 19:33:44 -0400, wrote: That would encourage more long term investment. I think I would but an extra tax on any financial instrument that was kept less than a month to make flash trading less attractive. let's get one thing straight we dont need more INVESTMENT we need more CONSUMPTION. although investment is a form of consumption, ONLY MIDDLE CLASS CONSUMPTION can pull us out of the depression and wall street is NOT gonna let that happen You can't get consumption without jobs and the only way we get that is by expansion. It is clear the stimulus money just went into rich people's pockets and not much actually got invested in expanded industry. (thanks for a "no stimulus" stimulus bill) There are plenty of stim projects underway, even if you don't believe it or think they're working. They are working. We need more of them. Name 10 of them. LOL! It's a joke... I won't hold my breath. -- Team Rowdy Mouse, Banned from the Mall for life! |
the success of the bush tax cuts
In article ,
says... In article , says... In article , says... On Tue, 14 Jun 2011 01:05:46 -0400, wrote: On Mon, 13 Jun 2011 20:04:44 -0400, wf3h wrote: On Mon, 13 Jun 2011 19:33:44 -0400, wrote: That would encourage more long term investment. I think I would but an extra tax on any financial instrument that was kept less than a month to make flash trading less attractive. let's get one thing straight we dont need more INVESTMENT we need more CONSUMPTION. although investment is a form of consumption, ONLY MIDDLE CLASS CONSUMPTION can pull us out of the depression and wall street is NOT gonna let that happen You can't get consumption without jobs and the only way we get that is by expansion. It is clear the stimulus money just went into rich people's pockets and not much actually got invested in expanded industry. (thanks for a "no stimulus" stimulus bill) There are plenty of stim projects underway, even if you don't believe it or think they're working. They are working. We need more of them. Name 10 of them. LOL! It's a joke... I won't hold my breath. http://stimuluswatch.org/index.php/project/by_state |
the success of the bush tax cuts
In article ,
says... On Mon, 13 Jun 2011 23:56:30 -0600, Canuck57 wrote: On 13/06/2011 5:33 PM, wrote: I did hear one idea on capital gains that sounded interesting. Tie the tax discount more closely to how long the investment was held. They already do in the USA for cash accounts. 40k/IRA get the full hit on withdrawal. Explain the "cash account" thing? I agree 401ks are a time bomb and I think we ain't seen nothin yet on those taxes. You wouldn't get the full tax break until it was held 5 years and make it a higher percentage ending at the regular income rate at 1 or 2 years. Fast way to scare off investment. In todays market, 5 years is not even calculated. Too many changes coming for a commitment that long without some guarantees no one will or can make. A huge part of our problem is that businesses work in 90 day windows while out competition in China looks at decades at a time. For example, if you give me a 20 year tax rate guarantee for property and income tax that I like, I would buy a Florida property tomorrow morning. But with the debts out of control, I will hold off and decline thank you. No sense in moving to the taxed poor districts of USA. And Florida is one of the better places. There is no income tax in Florida and we have SOH limits on property taxes. That may actually be a bad thing because if we get a round of massive inflation, the local communities may go broke. They were certainly fat during the housing boom because the property taxes were pegged to the sale prices and they were fantasy. The smart communities like mine banked that excess money. although we did let the school board get out of control ($20k per student kind of out of control) I was wondering why the democrat pundit was pushing 401's as the "safest" way to go right now... "FREE MONEY" he said, "from your employer". I guess it makes sense now, then they can tax the crap out of you and your employer... :( -- Team Rowdy Mouse, Banned from the Mall for life! |
the success of the bush tax cuts
On Tue, 14 Jun 2011 08:27:36 -0400, BAR wrote:
In article , says... On Tue, 14 Jun 2011 01:05:46 -0400, wrote: On Mon, 13 Jun 2011 20:04:44 -0400, wf3h wrote: On Mon, 13 Jun 2011 19:33:44 -0400, wrote: That would encourage more long term investment. I think I would but an extra tax on any financial instrument that was kept less than a month to make flash trading less attractive. let's get one thing straight we dont need more INVESTMENT we need more CONSUMPTION. although investment is a form of consumption, ONLY MIDDLE CLASS CONSUMPTION can pull us out of the depression and wall street is NOT gonna let that happen You can't get consumption without jobs and the only way we get that is by expansion. It is clear the stimulus money just went into rich people's pockets and not much actually got invested in expanded industry. (thanks for a "no stimulus" stimulus bill) There are plenty of stim projects underway, even if you don't believe it or think they're working. They are working. We need more of them. Name 10 of them. Look them up yourself. http://stimuluswatch.org/2.0/ |
the success of the bush tax cuts
On Tue, 14 Jun 2011 12:02:32 -0400, wrote:
On Tue, 14 Jun 2011 09:01:51 -0400, iBoat wrote: In article , says... In article , says... In article , says... On Tue, 14 Jun 2011 01:05:46 -0400, wrote: On Mon, 13 Jun 2011 20:04:44 -0400, wf3h wrote: On Mon, 13 Jun 2011 19:33:44 -0400, wrote: That would encourage more long term investment. I think I would but an extra tax on any financial instrument that was kept less than a month to make flash trading less attractive. let's get one thing straight we dont need more INVESTMENT we need more CONSUMPTION. although investment is a form of consumption, ONLY MIDDLE CLASS CONSUMPTION can pull us out of the depression and wall street is NOT gonna let that happen You can't get consumption without jobs and the only way we get that is by expansion. It is clear the stimulus money just went into rich people's pockets and not much actually got invested in expanded industry. (thanks for a "no stimulus" stimulus bill) There are plenty of stim projects underway, even if you don't believe it or think they're working. They are working. We need more of them. Name 10 of them. LOL! It's a joke... I won't hold my breath. http://stimuluswatch.org/index.php/project/by_state When I look at the ones around here they are the same projects that we would expect the government to kick in money into ... FROM OUR GAS TAXES. We are sending 38 cents a gallon off to DC and they dribble about half of it back to us. That is not stimulus, it is government as usual. Well, this is typical isn't it. Someone points to an actual fact-based site, and Greg ignores it in favor of rhetoric. |
the success of the bush tax cuts
On Tue, 14 Jun 2011 11:56:52 -0400, wrote:
On Tue, 14 Jun 2011 08:27:36 -0400, BAR wrote: In article , says... On Tue, 14 Jun 2011 01:05:46 -0400, wrote: On Mon, 13 Jun 2011 20:04:44 -0400, wf3h wrote: On Mon, 13 Jun 2011 19:33:44 -0400, wrote: That would encourage more long term investment. I think I would but an extra tax on any financial instrument that was kept less than a month to make flash trading less attractive. let's get one thing straight we dont need more INVESTMENT we need more CONSUMPTION. although investment is a form of consumption, ONLY MIDDLE CLASS CONSUMPTION can pull us out of the depression and wall street is NOT gonna let that happen You can't get consumption without jobs and the only way we get that is by expansion. It is clear the stimulus money just went into rich people's pockets and not much actually got invested in expanded industry. (thanks for a "no stimulus" stimulus bill) There are plenty of stim projects underway, even if you don't believe it or think they're working. They are working. We need more of them. Name 10 of them. The projects I see going on here have been on the master plan for decades. I haven't seen them even talking about a new project. And, now they have funding. Oh wait, that doesn't count in your small universe. |
the success of the bush tax cuts
On Tue, 14 Jun 2011 08:21:23 -0400, BAR wrote:
In article , says... On Mon, 13 Jun 2011 20:01:07 -0400, BAR wrote: In article , says... On Sun, 12 Jun 2011 17:22:54 -0600, Canuck57 wrote: On 11/06/2011 6:31 PM, wf3h wrote: On Sat, 11 Jun 2011 11:40:36 -0600, wrote: meaningless. and, of course, your method was tried it was called the depression of 29 ever hear of it?? Actually, you dumbsh1t fleabaggers says the right winger with a reader's digest view of economics should read. In 1929 they tried to spend out of it. In 1933 they realized after the 1932 crash that fleabagger debt spend does not work. Took 6 years of restraint to cover the debts and recovery was slow. really? uh...why did the depression end in 39? did something happen in 39? uh yeah...the US started to spend for ww2 canuck's moronic view of economics is exceeded only by his ignorance of history It was something called lend lease that got the factories moving again. So, money was spent by the US gov't. This stabilized the economy. Thanks for the confirmation. It was just like any other business deal. The corporations were told that if they made and sold the items now they would get some money down the road. This loaded up the companies billables and they could use that to borrow against. Which is exactly what happens when the gov't pumps money into the economy for things like the STIM. Jobs are created and people pay taxes. Same with the GM/Chrysler bailouts. All those people are still employed and paying taxes. The best bang for your buck (other than a war) are things like food stamps. That money returns to the economy immediately, and is a net positive, esp. in the short term. |
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