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the success of the bush tax cuts
On 14/06/2011 5:06 PM, wf3h wrote:
On Tue, 14 Jun 2011 13:56:25 -0600, wrote: On 14/06/2011 9:25 AM, wrote: On Tue, 14 Jun 2011 05:57:58 -0400, wrote: You already heard what I think about capital gains taxes. It should reward long term (several years) investment and very short term investments (flash trading) should actually be taxed higher than ordinary income. That already happens. And big huge tax increases coming after 2012 already on the books. If you have long term gains, you may want to realize them early just to avoid the 20% tax rate hike coming. more pipe dreams tax increases? where? oh. none. we NEED more taxes, especially on the rich, but americans will never let the rich be taxed. Government is trying to end the depression with bu11sh1t. They generate 4.5% inflation, GDP grows by 2.25% and they say the depression has ended. Only with fleabagger math, as inflation adjusted the economy still shrank. And in shrink, it also generated less government revenue. A real vicious economic cycle caused by government debtors denial and mindless statism. 4.5% inflation? where? ppi index went up 0.2% last month Don't believe the government numbers. Find a government CPI and check out cars, homes, gold, silver even flour say from 1914. You will find CPI is bogus. Keeps unions happy to BS them down. Ponzi number, make you think a 2.5% raise is good if they tell you inflation s 2%. OK, radios are cheaper. CPI is just BS. and the teabaggers think we have to cut taxes on the rich because their income only went up 500% in the last 30 years. and federal taxes are at a 40 year low but the right knows none of this Tax reciepts are but not net tax load. Because over 20% are unemployed and company are not making money like they used too. No profit, no/low wages means less taxes. -- Government isn't the solution to the bad economy, it is the problem. |
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