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Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 05:17PM

so what is it? Is it good or bad? Why should I care?



if I see one chart and/or graph, I'll kill ya'.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:15PM

what is it? someone explain it to me. I'll keep bumping this thread to the top, to the very last drop, till someone explains the god damn capitol gains tax to me, I swear to god.

you fuckers like to talk politics so much, explain politics things to me. go head. explain it to me. no chart, no graphs, just a clear, succinct explanation. do it.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:17PM

what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it,?

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:18PM

do it now.

explain it.

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Re: Capitol gains tax
Posted by: Legitimate Quest. ()
Date: July 28, 2011 07:19PM

Sure, why not?

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:19PM

this thread will not leave the very top of the front page of Off-Topic until I get a good explanation. I swear to god in heaven.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:23PM

explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it

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Re: Capitol gains tax
Posted by: Olde Farte ()
Date: July 28, 2011 07:23PM

See the Index and read read read...Fairmark is a Good Site:

http://www.fairmark.com/capgain/index.htm

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:23PM

god as my witness

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:24PM

Olde Farte Wrote:
-------------------------------------------------------
> See the Index and read read read...Fairmark is a
> Good Site:
>
> http://www.fairmark.com/capgain/index.htm


no, explain it, in your own words. show your work. write it here. no links.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:24PM

can't do it, can you?

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:25PM

that's what I thought. you can't do it. no one can. because NOBODY KNOWS WHAT A CAPITOL GAINS TAX IS. NOBODY KNOWS ANYTHING!!! WE KNOW NOTHING!!! THAT'S HOW THE GOVERNMENT WANTS IT!

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Re: Capitol gains tax
Posted by: SOMEONE ANSWER HIM!!!! ()
Date: July 28, 2011 07:26PM

Mr. Misery Wrote:
-------------------------------------------------------
> god as my witness


Even if you have to guess, just make it plausible.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:26PM

NOBODY KNOWS ANYTHING

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:27PM

explain it explain it explain it explain it explain it explain it explain it

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:27PM

off the top of your head, no studying

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:27PM

NO STUDYING!!!!

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:28PM

NO GOOGLING!!!!!

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:28PM

NO WIKIPEDIA!!!!!

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Re: Capitol gains tax
Posted by: Olde Farte ()
Date: July 28, 2011 07:28PM

I am lazy so do not wish to type more than a sentence or two.

First sentence - I gave you a link to an excellent site that clearly explains capital gains/losses and related taxes in plain easy-to-understand english.

Second sentence - read it.

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Re: Capitol gains tax
Posted by: bloody blisters ()
Date: July 28, 2011 07:28PM

The profits from certain non-inventory assets are subject to a capital gains tax. The difference between the purchase price and the selling price of an asset is called a gain. Taxable gains include stocks, bonds, precious metals, and property. Capital gains taxes vary by region, and tax rates are different for businesses and consumers.

Capital gains are usually taxed at different rates, depending on how long the assets were held in ownership. When an asset is held for a longer time, the rate is lower. If the same assets were sold before the period prescribed by law, the rates would be relatively higher. The current laws and the changes that the government brings about in the laws for economic stimulus determine the rates and the rate of tax charged. For the sale of an asset to be taxed as a long-term gain, it must be held for one year before being sold. If the asset is sold before one year is up, the gains are charged at normal income tax rates.

A preferential rate is charged for capital gains over personal or corporate income. The incentive of capital gain is intended for those investors who make capital investments for the growth of the economy. Capital gains also help fund entrepreneurs in their activities to create jobs in small businesses. The tax rates charged vary depending on their tax bracket and the time period for which investment was held before it was sold.
Sometimes, rates will change automatically depending on legislation and reductions. To extend these lower rates for any period of time longer than negotiated, a particular tax bill requires an amendment and vote in Congress again as well as a signature from the President. Each year, this tax legislation issue is under debate.

There are some provisions under certain considerations for delaying capital gains taxes. The IRS allows deferments and tax planning strategies that include the structured sale (ensured installment sale), charitable trust (CRT), installment sale, private annuity trust, and 1031 exchange.


information brought to you in part by http://www.candofinance.com/taxes/capital-gains-tax/

Attachments:

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:29PM

Olde Farte Wrote:
-------------------------------------------------------
> I am lazy so do not wish to type more than a
> sentence or two.
>
> First sentence - I gave you a link to an excellent
> site that clearly explains capital gains/losses
> and related taxes in plain easy-to-understand
> english.
>
> Second sentence - read it.


no, that doesn't prove you actually know anything about it off the top of your head. That just proves you read a website.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:30PM

bloody blisters Wrote:
-------------------------------------------------------
> The profits from certain non-inventory assets are
> subject to a capital gains tax. The difference
> between the purchase price and the selling price
> of an asset is called a gain. Taxable gains
> include stocks, bonds, precious metals, and
> property. Capital gains taxes vary by region, and
> tax rates are different for businesses and
> consumers.
>
> Capital gains are usually taxed at different
> rates, depending on how long the assets were held
> in ownership. When an asset is held for a longer
> time, the rate is lower. If the same assets were
> sold before the period prescribed by law, the
> rates would be relatively higher. The current laws
> and the changes that the government brings about
> in the laws for economic stimulus determine the
> rates and the rate of tax charged. For the sale of
> an asset to be taxed as a long-term gain, it must
> be held for one year before being sold. If the
> asset is sold before one year is up, the gains are
> charged at normal income tax rates.
>
> A preferential rate is charged for capital gains
> over personal or corporate income. The incentive
> of capital gain is intended for those investors
> who make capital investments for the growth of the
> economy. Capital gains also help fund
> entrepreneurs in their activities to create jobs
> in small businesses. The tax rates charged vary
> depending on their tax bracket and the time period
> for which investment was held before it was sold.
> Sometimes, rates will change automatically
> depending on legislation and reductions. To extend
> these lower rates for any period of time longer
> than negotiated, a particular tax bill requires an
> amendment and vote in Congress again as well as a
> signature from the President. Each year, this tax
> legislation issue is under debate.
>
> There are some provisions under certain
> considerations for delaying capital gains taxes.
> The IRS allows deferments and tax planning
> strategies that include the structured sale
> (ensured installment sale), charitable trust
> (CRT), installment sale, private annuity trust,
> and 1031 exchange.
>
> information brought to you in part by
> http://www.candofinance.com/taxes/capital-gains-ta
> x/


copy/pasted and too long/didn't read

what do YOU know about a capitol gains tax, bloody blisters, of your OWN unique knowledge on the subject? That is the question.
Attachments:
loldidn\'tread.gif

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Re: Capitol gains tax
Posted by: bloody blisters ()
Date: July 28, 2011 07:31PM

Mr. Misery Wrote:
-------------------------------------------------------
> bloody blisters Wrote:
> --------------------------------------------------
> -----
> > The profits from certain non-inventory assets
> are
> > subject to a capital gains tax. The difference
> > between the purchase price and the selling
> price
> > of an asset is called a gain. Taxable gains
> > include stocks, bonds, precious metals, and
> > property. Capital gains taxes vary by region,
> and
> > tax rates are different for businesses and
> > consumers.
> >
> > Capital gains are usually taxed at different
> > rates, depending on how long the assets were
> held
> > in ownership. When an asset is held for a
> longer
> > time, the rate is lower. If the same assets
> were
> > sold before the period prescribed by law, the
> > rates would be relatively higher. The current
> laws
> > and the changes that the government brings
> about
> > in the laws for economic stimulus determine the
> > rates and the rate of tax charged. For the sale
> of
> > an asset to be taxed as a long-term gain, it
> must
> > be held for one year before being sold. If the
> > asset is sold before one year is up, the gains
> are
> > charged at normal income tax rates.
> >
> > A preferential rate is charged for capital
> gains
> > over personal or corporate income. The
> incentive
> > of capital gain is intended for those investors
> > who make capital investments for the growth of
> the
> > economy. Capital gains also help fund
> > entrepreneurs in their activities to create
> jobs
> > in small businesses. The tax rates charged vary
> > depending on their tax bracket and the time
> period
> > for which investment was held before it was
> sold.
> > Sometimes, rates will change automatically
> > depending on legislation and reductions. To
> extend
> > these lower rates for any period of time longer
> > than negotiated, a particular tax bill requires
> an
> > amendment and vote in Congress again as well as
> a
> > signature from the President. Each year, this
> tax
> > legislation issue is under debate.
> >
> > There are some provisions under certain
> > considerations for delaying capital gains
> taxes.
> > The IRS allows deferments and tax planning
> > strategies that include the structured sale
> > (ensured installment sale), charitable trust
> > (CRT), installment sale, private annuity trust,
> > and 1031 exchange.
> >
> > information brought to you in part by
> >
> http://www.candofinance.com/taxes/capital-gains-ta
>
> > x/
>
>
> copy/pasted and too long/didn't read
>
> what do YOU know about a capitol gains tax, bloody
> blisters, of your OWN unique knowledge on the
> subject? That is the question.


nothing, and in my own defense, i never claimed to know anything about it.

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Re: Capitol gains tax
Posted by: Olde Farte ()
Date: July 28, 2011 07:32PM

Mr. Misery Wrote:
-------------------------------------------------------
> no, that doesn't prove you actually know anything
> about it off the top of your head. That just
> proves you read a website.

I'm an anonymous poster with a gajillion different IDs on this particular set of message baords - who cares what =I= know off the top of my been-trading-stocks-for-about-20-years head?

Fairmark - good site.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:32PM

then that just proves my point. NOBODY KNOWS ANYTHING when it comes to the government.

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Re: Capitol gains tax
Posted by: bloody blisters ()
Date: July 28, 2011 07:35PM

Mr. Misery Wrote:
-------------------------------------------------------
> then that just proves my point. NOBODY KNOWS
> ANYTHING when it comes to the government.


i avoid politics and its lingo like the plague. all that shit is stupid to me.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:36PM

we all just watch Fox News or CNN or MSNBC or read the Washington Times or the Huffington Post or the New York Times but we don't actually KNOW anything. All we have is regurgitated 4th, 5th, 6th, 7th, 8th hand information, and that's what I've been seeing ALL DAY on this forum, and THAT is why I've been trolling like nobody's business today in the Off-Topic political threads.


point proven.
Attachments:
lol6.gif

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:37PM

I WIN.


Registered Voter LOSES.

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Re: Capitol gains tax
Posted by: 6X ()
Date: July 28, 2011 07:48PM

So.... I buy a Item for $1 & 10yrs. later I sell it for $1000 my long term capitol gains is $999.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:48PM

what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it,?

what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it, what is it,?

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:49PM

6X Wrote:
-------------------------------------------------------
> So.... I buy a Item for $1 & 10yrs. later I sell
> it for $1000 my long term capitol gains is $999.


I don't understand. Explain it better.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:50PM

explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it

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Re: Capitol gains tax
Posted by: bloody blisters ()
Date: July 28, 2011 07:55PM

Mr. Misery Wrote:
-------------------------------------------------------
> 6X Wrote:
> --------------------------------------------------
> -----
> > So.... I buy a Item for $1 & 10yrs. later I
> sell
> > it for $1000 my long term capitol gains is
> $999.
>
>
> I don't understand. Explain it better.

im guessing here, but from what i sort of understand, it is mostly in stocks and such. so if 6x bought a stock for one dollar, and ten years later that stock is worth 1000 dollars and she sold it, her capital gain would be $999. a capital gains TAx would be a tax on that income.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:55PM

lain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it e

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 07:57PM

bloody blisters Wrote:
-------------------------------------------------------
> Mr. Misery Wrote:
> --------------------------------------------------
> -----
> > 6X Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > So.... I buy a Item for $1 & 10yrs. later I
> > sell
> > > it for $1000 my long term capitol gains is
> > $999.
> >
> >
> > I don't understand. Explain it better.
>
> im guessing here, but from what i sort of
> understand, it is mostly in stocks and such. so if
> 6x bought a stock for one dollar, and ten years
> later that stock is worth 1000 dollars and she
> sold it, her capital gain would be $999. a capital
> gains TAx would be a tax on that income.


ok, let's just say that's correct. The next question: is this a good thing or a bad thing? And why?

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Re: Capitol gains tax
Posted by: bloody blisters ()
Date: July 28, 2011 08:02PM

Mr. Misery Wrote:
-------------------------------------------------------
> bloody blisters Wrote:
> --------------------------------------------------
> -----
> > Mr. Misery Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > 6X Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > So.... I buy a Item for $1 & 10yrs. later I
> > > sell
> > > > it for $1000 my long term capitol gains is
> > > $999.
> > >
> > >
> > > I don't understand. Explain it better.
> >
> > im guessing here, but from what i sort of
> > understand, it is mostly in stocks and such. so
> if
> > 6x bought a stock for one dollar, and ten years
> > later that stock is worth 1000 dollars and she
> > sold it, her capital gain would be $999. a
> capital
> > gains TAx would be a tax on that income.
>
>
> ok, let's just say that's correct. The next
> question: is this a good thing or a bad thing? And
> why?


from what i understand it is a bad thing for you, because they are taking your money. it is a tax.

Attachments:

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Re: Capitol gains tax
Posted by: there ()
Date: July 28, 2011 08:04PM

you buy a stock for $20..you sell it for $30. You have $10 capital gains. Your capital gains is taxed at 15%

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:05PM

but don't we need taxes to pay for public projects and programs and healthcare and stuff?

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Re: Capitol gains tax
Posted by: there ()
Date: July 28, 2011 08:08PM

is it (it being the tax) a good or bad thing? If you think income earned by sitting on your ass deserves to be taxed at a lower rate then tax earned by the sweat of your brow...it's great.

By the way a capital loss comes off your income, so where as if you make money you are taxed at 15% if you loose money the tax payer pays up to 35% of your loss.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:11PM

there Wrote:
-------------------------------------------------------
> is it (it being the tax) a good or bad thing? If
> you think income earned by sitting on your ass
> deserves to be taxed at a lower rate then tax
> earned by the sweat of your brow...it's great.
>
> By the way a capital loss comes off your income,
> so where as if you make money you are taxed at 15%
> if you loose money the tax payer pays up to 35% of
> your loss.


...and we officially enter the Bill O'Reilly Politics Zone. Thanks, Great Job!

I knew we'd get there before long!

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:14PM

ain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it ex

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Re: Capitol gains tax
Posted by: there ()
Date: July 28, 2011 08:14PM

So, what was Bill's point/opinion?

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:16PM

there Wrote:
-------------------------------------------------------
> So, what was Bill's point/opinion?


I don't know, but your tone sounded very similar to his, that's all. I'm guessing you're a republican/conservative, no?

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:20PM

save me from the death panels

i'm so scared

obama is coming to kill me in my sleep because i'm old

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Re: Capitol gains tax
Posted by: there ()
Date: July 28, 2011 08:20PM

Mr. Misery Wrote:
-------------------------------------------------------
> there Wrote:
> --------------------------------------------------
> -----
> > So, what was Bill's point/opinion?
>
>
> I don't know, but your tone sounded very similar
> to his, that's all. I'm guessing you're a
> republican/conservative, no?

hardly, all I did was stae the facts. Didnt express a point of view at all.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:21PM

i'm mad at poor people because they're all cheating the system


but i love wall street, wall street has been so good to me


i love you allen greenspan

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:40PM

it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it explain it explain it explain it explain explain it explain it explain it explain it explain it expla

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:41PM

THE DEATH PANELS ARE EVERYWHERE!!! SAVE ME!!!

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:44PM

the US Chamber of Commerce. That's a GOOD thing, right? It's an actual department in our government, right? It's not a massive lobbying group, right? They don't buy elections for judges across the country, right? THat would be BAD, right?

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:51PM

DEEEEEEEEEAAAAAAAAATTTTTTTTTHHHHHHHHHH PPPPPPPPPAAAAAAAAAANNNNNNNNEEEEELLLLLLLLLLLSSSSSSSSSS!!!!!!!!!!!!!!!

AAAAAIIIIIIIIEEEEEEEE-EEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:54PM

MARRIAGE IS BETWEEN A MAN AND A WOMAN IT'S IN THE BIBLE IT'S IN THE BIBLE IT'S IN THE BIBLE IF WE LET A MAN MARRY A MAN THEN A MAN CAN MARRY A SEAL, OR A DOG, OR A SNAIL, OR A PILLOW, WE CAN'T LET THAT HAPPEN IT'S A SLIPPERY SLOPE PEEEEEEEOOOOOOOOOOOPPPPPPLLLLLLLLEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

ACTIVIST JUDGES! HELP ME I'M SCARED! ASSAULT ON CHRISTMAS! HELP! DEATH PANELS EVERYWHERE EVERYWHERE EVERYWHERE

Options: ReplyQuote
Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:55PM

WHO'S LOOKING OUT FOR YOOOOOOOOOOUUUUUUUUUUU??????????!!!!!!!!!!!!!!!!!!

Options: ReplyQuote
Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 08:57PM

ONE MAN SHOULD CONTROL 70% OF THE WORLD'S MEDIA I THINK THAT'S A GREAT IDEEEEEEEAAAAAAAAAAA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

RUPERT MURDOCH 4 LIIIIIIIIFFFFFFFFFFFFEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 09:01PM

ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! ELITIST! LET'S GIT 'IM HE'S AN ELITIST! LIBERAL ELITE LIBERAL ELITE LIBERAL ELITE LIBERAL ELITE!!! ELITISM! LET'S GET 'EM!

Options: ReplyQuote
Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 09:09PM

DEATH PANEL DEATH PANEL DEATH PANEL DEATH PANEL DEATH PANEL DEATH PANEL

Options: ReplyQuote
.
Posted by: Alias ()
Date: July 28, 2011 09:16PM

.



Edited 2 time(s). Last edit at 03/05/2012 04:32PM by Alias.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 28, 2011 09:29PM

watch out Alias, the DEATH PANELS are after you!!!! Obamacare wants to snuff you out while you're lying in your hospital bed, dying of pancreatic cancer! OBAMA WANTS TO KILL YOU!!!!!!!!!!

DEEEEEEEAAAAAAATTTTTHHHHHHHHH PAAAAAAAAAAANNNNNNNNEEEEEEELLLLLLLSSSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!!!!

Options: ReplyQuote
Re: Capitol gains tax
Posted by: there ()
Date: July 28, 2011 09:49PM

Alias Wrote:
-------------------------------------------------------
> there Wrote:
> --------------------------------------------------
> -----
> > is it (it being the tax) a good or bad thing?
> If
> > you think income earned by sitting on your ass
> > deserves to be taxed at a lower rate then tax
> > earned by the sweat of your brow...it's great.
>
> Next time I make an investment, I'll lift a few
> weights....
>
> > By the way a capital loss comes off your
> income,
> > so where as if you make money you are taxed at
> 15%
> > if you loose money the tax payer pays up to 35%
> of
> > your loss.
>
> Wait, I'm the one who lost money. What tax payer
> is paying me for my loss?
>
> I'm like Mr. Misery, here. Please explain. I've
> lost money in the stock market and no one sent me
> a check.


ok now pay attention you attack dog idiot. Just because you are unaware of something doesnt mean it doesnt exist. Captal Gains and capital losses are reported on your income taxes. Gains are taxed at the max rate of 15%. Losses come off your income..therefore a $100 loss is offset by up to $35 in taxes that would have otherwise been paid. The fact that you didnt recieve a check doesnt mean your taxes werent reduced.

Options: ReplyQuote
.
Posted by: Alias ()
Date: July 28, 2011 11:13PM

.



Edited 1 time(s). Last edit at 03/05/2012 04:30PM by Alias.

Options: ReplyQuote
.
Posted by: Alias ()
Date: July 29, 2011 12:26AM

.



Edited 1 time(s). Last edit at 03/05/2012 04:27PM by Alias.

Options: ReplyQuote
Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 29, 2011 12:29AM

hey "there", go fuck your mother. Nobody and I mean NOBODY talks to Alias like that. Not on my watch. Now beat it before I fuck you up the asshole and cum on your face, you faggot.

Options: ReplyQuote
Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 29, 2011 03:06AM

still waiting for an adequate explanation.



get used to seeing this thread at the top of page one..........it's not going anywhere until I get a satisfactory answer.


god as my witness...
Attachments:
dealwithit4.gif

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 29, 2011 03:20AM

get at me death panels

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 29, 2011 03:38AM

death panels in the house

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 29, 2011 03:41AM

fuck you bitches

i'm audi 5000

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 29, 2011 03:47AM

beeeeeeeeeeeeeeee-yooooooooooooooooootch!


peace, we outta here....

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 29, 2011 03:58AM

get at me wolf!!/

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Re: Capitol gains tax
Posted by: bloody blisters ()
Date: July 29, 2011 04:31AM

do you hate a cactus for puncturing your skin or do you hatebecause he is the cactus that slighted you? ticking you in to thinking things were safe.

Attachments:

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Re: Capitol gains tax
Posted by: ugly Bitch ()
Date: July 29, 2011 09:07AM

Alias Wrote:
-------------------------------------------------------
> Asshole isn't responding.
>
> Hey, asshole.... are you deaf?
>
> How is someone, this taxpayer you mention, paying
> for my loss???


Simple bitch..you took the risk to invest in stocks...you lost, now you want the Govt to help pay for your loss by giving you a tax break. People who buy homes to live in dont get such a break. Buy a home as an investment propoer and you do.

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Re: Capitol gains tax
Posted by: simple ()
Date: July 29, 2011 09:14AM

Simple, if your taxes are reduced someone else needs to fill the deficit. By the rich paying less taxes, middle class tax payers pay more, and we do!

Options: ReplyQuote
Re: Capitol gains tax
Posted by: RR ()
Date: July 29, 2011 09:28AM

simple Wrote:
-------------------------------------------------------
> Simple, if your taxes are reduced someone else
> needs to fill the deficit. By the rich paying
> less taxes, middle class tax payers pay more, and
> we do!


I have a homework assignment for you this weekend.

Research the difference between static and dynamic economic scoring. Static analysis in respect to revenue receipts is the most commonly made mistake in economics.

We must decrease taxes to stimulate job growth. more Jobs = more tax payers in the private sector. Anyone on unemployment, welfare, or public sector employees are a static drag on the economy. That is they are producing nothing.

When you let "the rich" keep more of their money they invest, expand their companies, buy stuff, hire people, save, whatever they don't put it in a mattress.

not sure what you consider middle class but currently a family of four earning almost 50K pays very little if any federal income tax.

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Re: Capitol gains tax
Posted by: there ()
Date: July 29, 2011 09:56AM

RR Wrote:
-------------------------------------------------------
> simple Wrote:
> --------------------------------------------------
> -----
> > Simple, if your taxes are reduced someone else
> > needs to fill the deficit. By the rich paying
> > less taxes, middle class tax payers pay more,
> and
> > we do!
>
>
> I have a homework assignment for you this
> weekend.
>
> Research the difference between static and dynamic
> economic scoring. Static analysis in respect to
> revenue receipts is the most commonly made mistake
> in economics.
>
> We must decrease taxes to stimulate job growth.
> more Jobs = more tax payers in the private sector.
> Anyone on unemployment, welfare, or public sector
> employees are a static drag on the economy. That
> is they are producing nothing.
>
> When you let "the rich" keep more of their money
> they invest, expand their companies, buy stuff,
> hire people, save, whatever they don't put it in a
> mattress.
>
> not sure what you consider middle class but
> currently a family of four earning almost 50K pays
> very little if any federal income tax.


Lets get it straight. The rich create very little wealth. The working stiffs in this country create wealth. The rich collect wealth and manage it. It is the working stiffs who will spend this country out of recession, not the rich. It is the working stiffs who create jobs. The last thing a business owner wants to do is create a new job.

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.
Posted by: Alias ()
Date: July 29, 2011 02:05PM

.



Edited 1 time(s). Last edit at 03/05/2012 04:19PM by Alias.

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Re: Capitol gains tax
Posted by: Mr. Miserly ()
Date: July 29, 2011 02:27PM

Misery the old deck has been shuffled too many times get some help from girls down on 7th avenue


the Washington Capitols are charging a gains tax now

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Re: Capitol gains tax
Posted by: Welfare Bithch ()
Date: July 29, 2011 02:51PM

Alias Wrote:
-------------------------------------------------------
> simple Wrote:
> --------------------------------------------------
> -----
> > Simple, if your taxes are reduced someone else
> > needs to fill the deficit. By the rich paying
> > less taxes, middle class tax payers pay more,
> and
> > we do!
>
>
> Bullshit.
>
> Asshole is just mad that I paid 35 dollars less
> than the enormous amount I already do pay the
> government.... because I took a risk and lost
> money by invested in... oh, yeah, America.
>
> Fuck you.


Why should the Fed Govt subsidise your investments? You are nothing more thena rich welfare Momma!

Options: ReplyQuote
Re: Capitol gains tax
Posted by: Bill N ()
Date: July 29, 2011 04:11PM

Mr. Misery-I assume that you are simply masturbating by keyboard on this, but if you actually want an answer I'll be happy to meet with you at my office and explain it to you for as long as you want-at $300 per hour.

RR Wrote:
-------------------------------------------------------
> We must decrease taxes to stimulate job growth.
> more Jobs = more tax payers in the private sector.
> Anyone on unemployment, welfare, or public sector
> employees are a static drag on the economy. That
> is they are producing nothing.
>
> When you let "the rich" keep more of their money
> they invest, expand their companies, buy stuff,
> hire people, save, whatever they don't put it in a
> mattress.
>
> not sure what you consider middle class but
> currently a family of four earning almost 50K pays
> very little if any federal income tax.

I see we have the same conservative garbage, just on a different thread.

The problem with the above right wing analysis is that it is based on a variety of assumptions not all of which are correct. The idea that "The rich" will invest, expand their companies, buy stuff, hire people and invest their funds is based on the assumption that there exists an adequate supply of consumers who are both willing and financially able to purchase the goods or services produced or to use the credit or investment funds. If the supply of financially sound consumers decreases so that there is an inadequate pool of consumers who can afford to consume the goods, services, credit and capital currently offered it makes little sense to increase the amount of those goods, services, credit and capital available. Doing so would only serve to drive down even further the per unit rate of return to the suppliers of those items. Increasing the pool of financially sound consumers OTOH would serve to increase the demand for goods, services, credit and capital that is already available on the market, driving up the rates of return for those items to the point that additional funds would be make available.

So is the problem with America today, or for that matter the past ten years, that there is an inadquate supply of rich folks willing to invest to supply goods, services, credit and capital? Or is the problem that there is an inadequate supply of financially sound consumers for those items? The former president and I could easily agree that this nation has adopted a series of financial, monetary, trade and tax policies that have severely harmed the economic health of the country, but since we do not agree on the above question our solutions will be radically different.

One problem with the way a large portion of the stimulus money was handled was that it ended up being the equivalent of sticking money in rich people's mattresses. For example bail out funds lent to banks were not reinvested by those banks as loans in the community, but instead were kept within the institutions to enhance their balance sheets, and in many cases their stock prices. Likewise I don't agree that people on unemployment produce nothing. Many are active in other aspects of the community besides work, and continue to participate in those aspects of the community. In addition they continue to consume goods and services which allows other businesses in the community to stay in business. I'll have to take RR at his word that there are still places in this country where a family of 4 with a family income of $50k are, as a rule, middle class, and as I've stated on previous threads there are problems with the bottom end of the tax code as well as the top.

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Question for Bill
Posted by: Questionh ()
Date: July 29, 2011 04:19PM

Please provide an example of a problem with the tax code at the bottom end of the income scale that doesnt result in individuals paying more then they should.

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.
Posted by: Alias ()
Date: July 29, 2011 04:42PM

.



Edited 1 time(s). Last edit at 03/05/2012 04:16PM by Alias.

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Re: Capitol gains tax
Posted by: Bill N ()
Date: July 29, 2011 04:45PM

The easiest one would be the capital gains and qualified dividends rate. Although many liberals cite the high end of this provision as an example of tax favoritism towards the wealthy, it does have a low income component as well. What is the sense of permitting anyone who has positive taxable income (which you will remember already reflects deductions for personal exemptions and either the standard or itemized deductions) to pay $0 in tax, when a person with the same level of income who got it from working, from interest or from receiving alimony has to pay taxes on it?

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Re: Capitol gains tax
Posted by: bloody blisters ()
Date: July 29, 2011 04:49PM

Alias Wrote:
-------------------------------------------------------
>
> Listen, you blood sucking whore.


for the record, i have never indulged in sexual acts for money.

Attachments:

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Re: Capitol gains tax
Posted by: justsayin ()
Date: July 29, 2011 04:53PM

"Capitol" gains tax I guess is what happens when a contractor builds the building a foot too high and that drives up the cost, and the taxpayer foots the bill.

"Capital" gains tax has to do with taxes on the sale of an asset for a profit.

Hard to answer the question when the douchebag demanding answers can't spell the term correctly (assuming the dolt was asking about capital gains and not about a building).

I know the words rhyme, but that doesn't make them the same word.



Edited 1 time(s). Last edit at 07/29/2011 04:55PM by justsayin.

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.
Posted by: Alias ()
Date: July 29, 2011 04:56PM

.



Edited 1 time(s). Last edit at 03/05/2012 04:24PM by Alias.

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Re: Capitol gains tax
Posted by: Bill N ()
Date: July 29, 2011 05:09PM

Alias-Those numbers don't quite tell the whole story. What percentage of the nation's income did that top 1% end up with after adjusting for Federal and state taxes? The natural response to this question by most conservatives is "irrelevant". However if we had one rate that was applied to all income from the first dollar you would still see that the top 1% and 5% of wage earners would pay a very high percentage of the total income taxes. This disparity is a reflection of the relative differences in income between the high end and everyone else.

The second problem with the current tax code is that it has strong biases in favor of capital as opposed to labor based income, and this is true even if we ignore the differences in capital gains and ordinary income tax rates and the application of social security and (for a couple more years) medicare taxes. Example #1-I have a kid in college costing a fair amount of tuition, books, supplies, for which I get a very modest tax credit, and when he gets into the workplace he will get no writedown on his taxes for the cost of that education. If instead I bought this kid a house with that money, when he went to sell it the kid would get to offset the sales price by that initial investment resulting in a much greater tax savings. Example #2-An employee who needs a car to get to and from work and who needs suits for his job does not get to write off the cost of the car, gas, repairs and maintenance, tolls, parking and clothing costs against his taxable income, but expenses that the business incurs for the production of its income are deductible. Now you could certainly argue that things like the personal exemption, standard deduction and lower tax rates for lower end taxpayers are intended to compensate for these biases (ignoring certain problems with that argument), but then you cannot complain when these same factors result in lower income taxpayers paying lesser portions of their income.

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.
Posted by: Alias ()
Date: July 29, 2011 06:36PM

.



Edited 1 time(s). Last edit at 03/05/2012 04:13PM by Alias.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 29, 2011 07:05PM

justsayin Wrote:
-------------------------------------------------------
> "Capitol" gains tax I guess is what happens when a
> contractor builds the building a foot too high and
> that drives up the cost, and the taxpayer foots
> the bill.
>
> "Capital" gains tax has to do with taxes on the
> sale of an asset for a profit.
>
> Hard to answer the question when the douchebag
> demanding answers can't spell the term correctly
> (assuming the dolt was asking about capital gains
> and not about a building).
>
> I know the words rhyme, but that doesn't make them
> the same word.


justsayin', go fuck your mother.











I personally like it when the rich complain about their taxes making them very slightly less rich. That doesn't bother me at all. Never get tired of hearing it.

I once met a divorced mother of 2 who drives a tow-truck for a living, and boy is she living high on the hog. The money is just trickling down into her pockets like nobody's business, I tell ya, boy. I don't know much about the tax code and all your fancy book-learnin', but when you see the wealth all around you, boy, it doesn't matter. Livin' the dream.
Attachments:
gtfo_puppy2.jpg

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 29, 2011 07:21PM

justsayin, how bout I come over tonight and fuck your daughter in the ass

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Re: Capitol gains tax
Posted by: Buuger ()
Date: July 29, 2011 10:25PM

Alias Wrote:
-------------------------------------------------------
> Welfare Bithch Wrote:
> --------------------------------------------------
> -----
> > Alias Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > simple Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > Simple, if your taxes are reduced someone
> > else
> > > > needs to fill the deficit. By the rich
> > paying
> > > > less taxes, middle class tax payers pay
> more,
> > > and
> > > > we do!
> > >
> > >
> > > Bullshit.
> > >
> > > Asshole is just mad that I paid 35 dollars
> less
> > > than the enormous amount I already do pay the
> > > government.... because I took a risk and lost
> > > money by invested in... oh, yeah, America.
> > >
> > > Fuck you.
> >
> >
> > Why should the Fed Govt subsidise your
> > investments? You are nothing more thena rich
> > welfare Momma!
>
> Listen, you blood sucking whore. The top 1% of
> wage earners pay close to 40% of all taxes. The
> top 5% percent pay 60%. Close to 50% of you are
> mother fuckers who don't pay shit. So, shut the
> fuck up you slimy worm.
>
> But, let me ask you this, dick-face, would it
> bother you if my taxable income were lowered
> because I donated money to NARSAD, The Brain and
> Behavior Research Foundation, or to homeless
> shelters, which is where you probably sleep.
>
> Or, will someone have to suffer if I do that, too,
> you poop-head....


I always love these statistics that show how much the rich are paying in income taxes as compared to the rest of us. Again, as a percantage of what they pay in income and payroll taxes, they pay less a percentage then a person making less then $100k per year! The fact the rich pay so much despite that fact is because the richest 1% make as much money as the rest of us put together. There is a tremendous disparity in wealth in this country. Some South American countries have better wealth distribution.

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Re: Capitol gains tax
Posted by: my say ()
Date: July 29, 2011 10:28PM

Alias Wrote:
-------------------------------------------------------
> Bill N Wrote:
> --------------------------------------------------
> -----
> > Alias-Those numbers don't quite tell the whole
> > story. What percentage of the nation's income
> did
> > that top 1% end up with after adjusting for
> > Federal and state taxes? The natural response
> to
> > this question by most conservatives is
> > "irrelevant".
>
> Well, you know how conservatives can be.
>
> Liberals are much nicer. They always insist on
> paying more than the IRS requires.
>
> > However if we had one rate that was
> > applied to all income from the first dollar you
> > would still see that the top 1% and 5% of wage
> > earners would pay a very high percentage of the
> > total income taxes. This disparity is a
> > reflection of the relative differences in
> income
> > between the high end and everyone else.
>
> OK, so politics aside...
>
> If we had one rate, what rate would you think is
> fair?
>
> And, would this one rate system eliminate all
> deductions, exemptions, child care credits and the
> like.... for all?

The one rate would cover all the costs associated with all the govt programs
and some to pay down the debt. In the rate would be Social Security, Medicare, Medicare. The only deduction would be for those living below the poverty line. It would cover all businesses.

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Re: Capitol gains tax
Posted by: Bill N ()
Date: July 29, 2011 10:34PM

Alias Wrote:
-------------------------------------------------------
>
> OK, so politics aside...
>
> If we had one rate, what rate would you think is
> fair?
>
> And, would this one rate system eliminate all
> deductions, exemptions, child care credits and the
> like.... for all?

Touche Alias. Reasonable questions fairly posed. Prepared to be bored.

I've tried several single rate models and frankly I can't get them to work. The problem is how we fund social security and medicare. For example if you set up a system that allows taxpayers a credit for these taxes, it results in individuals with low incomes from nonwage sources paying a rather high income tax rate. If you deal with that issue by allowing rather large personal exemptions you end up with too large a number of taxpayers paying no income taxes at all. If you ignore FICA entirely then lower income taxpayers end up paying at higher rates than higher income taxpayers. For this reason I favor a system with three rate tiers and some reasonable personal exemptions. In my defense even Reagan had two tiers in his 1986 tax system.

Deductions. There is a hydra. Allow too many and you end up having to raise rates to offset the revenue loss. Allow too few and you end up imposing large tax bills on people who have few resources to pay those bills, not to mention losing ability to stimulate certain economic activities. The best solution I've come up with so far is would be an opt in system with higher tax rates but with more deductions allowed, and probably also a floor rate beyond which taxes couldn't fall. The best way to explain it would be to imagine that if you elected to claim itemized deductions rather than the standard deduction your income tax rates went up.

Another feature would be that most tax credits would be treated as expenditures for budget purposes requiring annual approval by Congress.

This is a gross simplification. and by now you are probably saying that I'm trying to weasel out of stating rates. Fair enough, but at this point in my life I no longer have ready access to the kind of information needed to determine what the rates would need to be and at what income levels in order to produce sufficient income. I will say this much: In the absence of abnormal circumstances I would want the top rate for nonitemizers to be not more than 35-40%, depending on how social security and medicare taxes are dealt with. OTOH going to war in Iraq and Afghanistan is precisely the type of abnormal situation that would not only justify but would mandate a higher rate.

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Re: Capitol gains tax
Posted by: oh well ()
Date: July 29, 2011 10:43PM

I think you underestimate the revenue that would be produced by:

1. eliminating the Social Security, Medicade, Medicair caps
2. Having everyone, incuding retirees taxes pay for Social Security, Medicare, Medicaid.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 30, 2011 03:34AM

I asked for a simple, succinct answer to a simple, straight-forward question. Did I get it? No. I got a lot of political jibba-jabba, legaleze, bickering, yelling, and name-calling. EXACTLY what I knew I'd get. The American way.


Point proven.



I win.


America loses.

.....now gimme a kiss before I give you a knuckle sammich...

/
Attachments:
dealwithitsituation.gif

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Re: Capitol gains tax
Posted by: Ms. Misery ()
Date: July 30, 2011 08:28AM

You have goten very good explanations from a number of people. You are evidently too stupid to understand any of them.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 31, 2011 12:42AM

Ms. Misery Wrote:
-------------------------------------------------------
> You have goten very good explanations from a
> number of people. You are evidently too stupid to
> understand any of them.


I'll fuck you in your rotten asshole, you fucking slag heap cuntbag. Fuck you, whore. I'll fuck your face and then punch you in the tits, you cunt bitch ho slut. I'll cum all over your hairy roast beef pussy then smack you in the mouth. I'll fuck you up the ass, then punch your mother in the cunt, you slut-bag cunt heap. Fuck you, cunt.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 31, 2011 12:43AM

You fucking cunt. I'll fucking rape you, then punch you in the back of the head. I'll fuck you in the face. You fucking cunt bitch.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 31, 2011 12:44AM

Fuck you, you fucking flea-infested dog cunt. I'll punch your pussy. I'll ram your asshole, then knock your teeth out. You fucking dog-whore.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 31, 2011 12:48AM

come on, you cunt bitch. Post again. I dare ya. I double-dog dare ya.


cunt.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 31, 2011 12:52AM

COME ON, DOG-WHORE. POST AGAIN! DO IT AGAIN! I FUCKING DARE YOU.

WHERE YOU HIDING, CUNT? POST AGAIN. DO IT AGAIN. DO IT AGAIN.

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Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 31, 2011 12:57AM

COME ON, BITCH-DOG. I'M WAITING.

Options: ReplyQuote
Re: Capitol gains tax
Posted by: Mr. Misery ()
Date: July 31, 2011 12:59AM

STILL WAITING, DOG-WHORE.

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