Capital gains and ordinary income should be taxed at the same rate.
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Capital gains and ordinary income should be taxed at the same rate.
[QUOTE=Sidney]In the coming months when investors realize that Obama will raise the cap gains rate there could be a stampede of asset sales as investors rush to take their profits now to avoid Obama's doubling of the tax rates next year.''[/QUOTE]Hi Sid-how are we going to determine when the current stampede of asset sales stops and the cap gains rate increase stampede begins! Besides, they will get over any increase in capital gains in due time. They gots an itch and they gots to scratch it.
Wouldn't those people selling assets to reap the current low capital gains taxes probably just re-invest the proceeds in the same asset classes?
[QUOTE=Doggboy]El Sid-don't tell me you buy this crap? Is this organization a subsidiary of Fox? Doing some work for McCain? Maybe this is one of the first of many attempts we will see in the future, where Obama is blamed for the economic meltdown clearly initiated in the Bushie administration. In fact, how can it be avoided, by Obama or McCain, regardless of what either of them do. The die is cast![/QUOTE]Dogg,
Jackson watch's Fox news, loves it.
The fascist pig, thinks there "Fair & Honest"
Exon
[QUOTE=Exon123]Dogg,
Jackson watch's Fox news, loves it.
The fascist pig, thinks there "Fair & Honest"
Exon[/QUOTE]EX-seeing as how I like Jackson, I try to ignore this kind of information. If he continues to get worse however, maybe we can organize an "intervention". Get him sloshed and make him listen to Pete Seeger. Ha ha.
[QUOTE=Doggboy]EX-seeing as how I like Jackson, I try to ignore this kind of information. If he continues to get worse however, maybe we can organize an "intervention". Get him sloshed and make him listen to Pete Seeger. Ha ha.[/QUOTE]Or,
We could tie him up and I'll bring some of my "Ugly" friends over from Checkers Pub and have them fuck him while we watch.
Exon
[QUOTE=Exon123]Dogg,
Jackson watch's Fox news, loves it.
The fascist pig, thinks there "Fair & Honest"
Exon[/QUOTE]Exon,
Actually, the line is "Fair and Balanced".
If you ever watched the programming with an unbiased perspective, and kept track of how much air time is given to conservatives vs liberals, you might actually ascertain they generally attempt to give both perspectives equal time.
Of course, when you've spent your entire life watching news in which conservative ideas are criticized for 59 minutes, balanced by 1 minute of liberal ideas being criticized, then FOX News might appear "unbalanced" to you.
Thanks,
Jackson
[QUOTE=Exon123]Or,
We could tie him up and I'll bring some of my "Ugly" friends over from Checkers Pub and have them fuck him while we watch.
Exon[/QUOTE]Who exactly would you be trying to punish?
Me, or the observers?
See, I was thinking if Exon really wanted to punish Jackson he should make Jackson watch him fuck one of the hookers from Checkers. Or even just take him to Checkers; that by itself is pretty harsh punishment. I think "balanced" media and "unbiased perspectives" are pretty impossible to achieve, but then again I don't think we should punish people for having differing opinions.
Once I fucked an older, not too good looking hooker from Checkers and I enjoyed it. But I am a complete pig. Monica was her name.
[QUOTE=Exon123]Dogg,
Jackson watch's Fox news, loves it.
The fascist pig, thinks there "Fair & Honest"
Exon[/QUOTE]Exon,
Would you please learn the difference between the words "there", "their", and "they're", because I'm no longer going to edit these things for you.
Thanks,
Jackson
Commas go inside quotation marks, not outside. You had that coming.
So please answer this one for me. Which is worse, tax and spend or don't tax and spend? The two largest deficits in our country's history where both created by Republican administrations backed by Republican legislation. I do have respect for the right though, they are already dumping this recession we are in, or not in depending on which channel you watch, on Obama that's pretty fucking brilliant. Personally I kind of hope McCain wins just to watch the rhetoric change.
I have "there," "their," and "they're" down, it's "where," and "were" that kill me.
As an accomplished monger and Sr. Member of this board I decree that going into Checkers is enough.
Jax I prefer Exon's posts to be unedited, they are somewhat reminiscent of e. E. Cummings* work that way.
*note to Dickhead, e. E. Cummings singed his work with neither caps nor spaces, hence referring to him in this way is not poor grammar but rather a literary homage. Further note, all commas adentro.
The "Don't Tax & Spend" policy is the reason our money is no good anymore and we American's are nearly broke and won't admit it to our selves.
Exon
[QUOTE=Daddy Rulz]Jax I prefer Exon's posts to be unedited, they are somewhat reminiscent of E. E. Cummings* work that way.
*note to Dickhead, E. E. Cummings singed his work with neither caps nor spaces, hence referring to him in this way is not poor grammar but rather a literary homage. Further note, all commas adentro.[/QUOTE]I knew that about cummings. Unreadable to me. Commas and periods go inside quotation marks while colons and semi-colons go outside.
While we are discussing tax and spend, or don't tax and spend, how about the current policy: don't tax and [b]waste[/b]?
[url]http://news.yahoo.com/s/politico/20080630/pl_politico/11435[/url]
Seems John McCain is considering "Mitt" Romney as his VP choice.
If he picks Romney he has no chance of winning.
Exon
Hey Exon,
Who do you think he should pick? Not a lot to choose from. Sure as hell don't want the new governor from Louisiana! Hey how about Condi to counter Hill!
Damn sure moving down there if Obama wins.
I am pretty sure both Exon and I want McCain to pick whomever is most likely to make him lose the election. Me, I'd like to see him pick Redondo.
What is your source for these number, Fox News?
[QUOTE=Schmoj]What is your source for these number, Fox News?[/QUOTE]I don t know where he got his numbers, but I think he got them from MSNBC.
If his numbers are wrong why don't you dispute them?
[QUOTE=Punter 127]I don 't know where he got his numbers, but I think he got them from MSNBC.
If his numbers are wrong why don 't you dispute them?[/QUOTE]If he would site a source, I might not have to dispute them. As stated, they just seem like speculation at best.
[QUOTE=Schmoj]If he would site a source, I might not have to dispute them. As stated, they just seem like speculation at best.[/QUOTE] Oh I see, you re saying if it came from Fox News the numbers are correct, now I understand.:rolleyes:
The numbers or either right or wrong, regardless of his source.
Come on Sidney-
Please stop posting all this ridiculous anti-Obama propaganda. Your first post sounds like something right off the wires from either Fox News or Rush Limbaugh's radio show. Just exactly who does Dick Morris work for these days, none other than FOX NEWS, which I can watch right here in Buenos Aires on Directv. The fact of the matter on taxes is that it is just not fiscally possible to continue on as is without raising taxes on those who can afford to pay more. How can we possibly finance two neverending wars without additional revenue? Those same Republican military-industrialists who are profiting so enormously from the war simply must pay more of the income they receive from the war to finance its continuation. Let those who profit from the war, pay and suffer for the war. The fact that the US has no univeral healthcare system, yet spends trillions of dollars per year financing the military machines (and lining the pockets of those supplying these military machines) of our own country along with dozens of others is a disgrace of the highest order.
As for the oil companies and off-shore drilling, or drilling in the North Slope of Alaska, its all a hoax. Oil prices are high because the OPEC, in collusion with the oil companies and their political allies, keep supply tight in order to keep prices as high as possible. The current administration does nothing because their are financially connected to the oil companies and they and / or their associates are making a ton of money right now. The answer is that the next administration should enact a special corporate windfall tax on oil companies that operate in the United States and pour the additional revenue into research and development of renewable, non-polluting energy sources. Oil is not the future and the current situation functions as a monopoly that behaves against the public interest and therefore it is the job of the government to regulate the current situation and to do the R / D to find the future energy source.
Suerte,
Rock Harders
[QUOTE=Rock Harders]Your first post sounds like something right off the wires from either Fox News or Rush Limbaugh's radio show. Just exactly who does Dick Morris work for these days, none other than FOX NEWS, which I can watch right here in Buenos Aires on Directv.[/QUOTE]What's wrong with FOX News?
[QUOTE=Schmoj]What is your source for these number, Fox News?[/QUOTE]What's wrong with FOX News?
I would hate too pay taxes on something just because it had been in my family for a long time even though everybody else has to pay taxes on their profit in the form of wages!
[QUOTE=Rock Harders]The answer is that the next administration should enact a special corporate windfall tax on oil companies that operate in the United States and pour the additional revenue into research and development of renewable, non-polluting energy sources. Oil is not the future and the current situation functions as a monopoly that behaves against the public interest and therefore it is the job of the government to regulate the current situation and to do the R / D to find the future energy source.
Suerte,
Rock Harders[/QUOTE]Except that the corporate income tax is a complete fiction. Corporations cannot pay taxes; only individuals can. The corporate income tax just gets passed on to either the customers of the corporation or the shareholders in the form of reduced profit. The degree to which it falls on the customers vs. the shareholders depends on the elasticity of demand for the product (the "excess burden" of a tax) and in this case demand is inelastic and it will fall disproportionately on the customers.
Additionally, the government is poorly equipped to do research. A better solution would be a free-market solution, which many argue will emerge in the long run if gas prices stay high. In the long run I am dead so I'd argue for additional available funding for applied research into alternative energy technologies, funded through general revenues rather than a windfall profit tax.
[QUOTE=Punter 127]Oh I see, you 're saying if it came from Fox News the numbers are correct, now I understand.:rolleyes:
The numbers or either right or wrong, regardless of his source.[/QUOTE]The source generally determines the likelyhood of the accuracy of the data, wouldn't you agree?
Any data of the form <Barak all bad>, <McCain all good> reeks of Fox News to me.
[QUOTE=Jackson]What's wrong with FOX News?[/QUOTE]Jackson, you are scaring me. I don't see any smiley faces in your post.
:-)
[QUOTE=Sidney]That was my intention![/QUOTE]Almost as much fun as watching the Peronists and the Anti-Peronists.
[QUOTE=Schmoj]The source generally determines the likelyhood of the accuracy of the data, wouldn't you agree?[/QUOTE]No, I think the methodology used in the data collection is more determinant of the accuracy. Garbage in, garbage out.
[QUOTE=Sidney]That was my intention in the hopes of finding some good answers about these two terrible candidates![/QUOTE]Who would be your preferred candidate?