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#1
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On 7/24/11 12:07 PM, North Star wrote:
On Jul 24, 10:24 am, John wrote: On Jul 23, 11:01 pm, North wrote: On Jul 23, 8:45 pm, John wrote: http://tinyurl.com/3r5l8ur I wonder if the Democrats realize that it doesn't take a 'yacht' to have a head, stove, and bed. Hell, I had that in my 21' Proline. If they want to do away with a second home mortgage interest deduction, then do it for *all* second homes. Why do they pick only on boat owners? What the 'ell are you whining about?? We don't get a mortgage interest deduction on our income taxes for our principal home.. let alone cottages or boats. No wonder the USA is in such deep debt.... no one wants to pay their fair share of taxes. Donnie, how do you define 'fair share'. Remember, we have about 47% of our population who pay *no* federal income taxes.- Hide quoted text - - Show quoted text - I would say that anyone earning above the 'poverty level', as defined by the gov't, should start paying taxes. even if at a minimal rate. Well isn't that convenient, that would make sure you didn't pay any taxes. |
#2
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posted to rec.boats
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On Jul 24, 1:40*pm, Harryk wrote:
On 7/24/11 12:07 PM, North Star wrote: On Jul 24, 10:24 am, John *wrote: On Jul 23, 11:01 pm, North *wrote: On Jul 23, 8:45 pm, John *wrote: http://tinyurl.com/3r5l8ur I wonder if the Democrats realize that it doesn't take a 'yacht' to have a head, stove, and bed. Hell, I had that in my 21' Proline. If they want to do away with a second home mortgage interest deduction, then do it for *all* second homes. Why do they pick only on boat owners? What the 'ell are you whining about?? We don't get a mortgage interest deduction on our income taxes for our principal home.. let alone cottages or boats. No wonder the USA is in such deep debt.... no one wants to pay their fair share of taxes. Donnie, how do you define 'fair share'. Remember, we have about 47% of our population who pay *no* federal income taxes.- Hide quoted text - - Show quoted text - I would say that anyone earning above the 'poverty level', as defined by the gov't, should start paying taxes. even if at a minimal rate. Well isn't that convenient, that would make sure you didn't pay any taxes..- Hide quoted text - - Show quoted text - I don't pay any taxes??? I bet I pay as much federal/provincial/municipal taxes as some of the so called high flyers in here. |
#3
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posted to rec.boats
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On 24/07/2011 1:20 PM, North Star wrote:
On Jul 24, 1:40 pm, wrote: On 7/24/11 12:07 PM, North Star wrote: On Jul 24, 10:24 am, John wrote: On Jul 23, 11:01 pm, North wrote: On Jul 23, 8:45 pm, John wrote: http://tinyurl.com/3r5l8ur I wonder if the Democrats realize that it doesn't take a 'yacht' to have a head, stove, and bed. Hell, I had that in my 21' Proline. If they want to do away with a second home mortgage interest deduction, then do it for *all* second homes. Why do they pick only on boat owners? What the 'ell are you whining about?? We don't get a mortgage interest deduction on our income taxes for our principal home.. let alone cottages or boats. No wonder the USA is in such deep debt.... no one wants to pay their fair share of taxes. Donnie, how do you define 'fair share'. Remember, we have about 47% of our population who pay *no* federal income taxes.- Hide quoted text - - Show quoted text - I would say that anyone earning above the 'poverty level', as defined by the gov't, should start paying taxes. even if at a minimal rate. Well isn't that convenient, that would make sure you didn't pay any taxes.- Hide quoted text - - Show quoted text - I don't pay any taxes??? I bet I pay as much federal/provincial/municipal taxes as some of the so called high flyers in here. I bet you do pay more. Now that I am retired, my taxable income has plummeted. Zero employment taxes for example, no more CPP/EI 16% or whatever it is as I don't care nor pay any more. CPP/EI (employee and employer) is not a small amount of tax. The only taxable income government sees from me is RRSP withdrawals and capital gains and dividends. More than enough to live on and not likely I will ever see the top 40% tax rate again. If I have a low gains/dividend year, I pull out enough from the RRSP to top up my income to the low 15% bracket and no more, maximizing tax efficiency. Or if I have too many realized gains, ease off RRSP withdrawals. No debts for over 2 decades, I don't need the cash flow for DEBT so I can keep realized income in the lower taxed regions of income. 100% legal like too. The person that really gets the screwing is the middle class worker. There is good reason too. While property and GST still bite me, I have the latitude of moving right out of Canada taking what taxes I pay with me, a worker slave or poor on welfare cannot do this. Economic freedom has its advantages. No Canadian civic or provincial taxes if you live in Ecuador or Costa Rica. Bottom line, government can only screw you where you have no latitude. Property, utility, gas, sin taxes and earned income taxes are the only sources they have you over a barrel. I didn't get away with anything, I paid plenty of taxes for 35 years. Just saved and invested enough that it is clear I never need to work for debt-tax slavery again. So why work for the government without the benefits? Nice byproduct of no-debt for so long. The money debt slaves paid to banks went into my account because I was not debt-greedy in my earlier years. -- Obama, enslaving Americans with debt-tax slavery for a spending binge. Doesn't even borrow real money, Bernanke just creates it like a counterfeiter. . |
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