Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #186   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Feb 2011
Posts: 1,312
Default 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!
  #188   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default 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.
  #190   Report Post  
posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default 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.
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Great minds on tax cuts... Lu Powell[_11_] General 11 November 9th 09 02:44 PM
Bush's tax cuts - EVIL!!!! Charles Momsen ASA 1 November 9th 08 05:35 PM
Real humans modify the monkey's tax cuts Doug Kanter General 28 March 11th 05 11:17 PM
OT The Bush tax cuts Jonathan Ganz ASA 8 September 16th 04 06:35 PM
OT - So tax cuts don't work? Simple Simon ASA 14 July 25th 03 11:49 PM


All times are GMT +1. The time now is 08:14 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017