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Originally Posted by eddiehouse5
And stupid middle class Americans will vote for him anyway.
And THIS is the problem, who cares about the #$@%@$@ sides?! Not important.Originally Posted by BostonThreeParty
Originally Posted by eddiehouse5
And stupid middle class Americans will vote for him anyway.
well thats how Obama was elected, it goes both sides.
Originally Posted by foxdawg2000
I'd like to hear a NT economic expert's opinion on tax code.. From my understanding it's quite simple for the wealthy to use loopholes to avert even their supposed tax grouping... From a historical standpoint trickle down economics have been a complete failure IMO.. Interested in the other side of the argument if someone may...
G14 wrote:
RON PAUL NEEDS TO TAKE EM DOWN
Ron Paul is F.A. Hayek with a tinfoil hat. And he looks like Barney Rubble's dad.
Originally Posted by DaGreatJ
Perry is a more cunning and angrier version of Bush... We are all doomed!!!
Originally Posted by LazyJ10
Call capital gains what you want, but it is a form a tax and frankly, I don't believe the gov't should take ordinary tax rates on my investing skill. I make $1,000 and have a 10% return. Why should I give the gov't $250-300 versus $150? Over taxing capital gains, IMO, makes it very hard to incentivize common people investing. Further, too many of our future retirements are linked to the market.
They never have and they never will.Originally Posted by RKO2004
These politicians don't give one damn about real people.
The average person isn't going to make as much money as Warren did/has/will. Therefore, when you're talking returns in relation to percentages, then yes, capital gains do in fact matter. Again, I mentioned the average person above. A 10% return before taxes assessed at ordinary rates would indeed turn some people away from investing, especially when you then factor in the cost inccured to have such a gain.Originally Posted by Weekz
Originally Posted by LazyJ10
Call capital gains what you want, but it is a form a tax and frankly, I don't believe the gov't should take ordinary tax rates on my investing skill. I make $1,000 and have a 10% return. Why should I give the gov't $250-300 versus $150? Over taxing capital gains, IMO, makes it very hard to incentivize common people investing. Further, too many of our future retirements are linked to the market.
It does nothing to hinder investment. The way to top bracket invest, it doesn't matter if the government takes a 15% cut because they still are making so much money.
"I didn’t refuse, nor did others. I have worked with investors for 60 years and I have yet to see anyone — not even when capital gains rates were 39.9 percent in 1976-77 — shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off."- Warren Buffett
Originally Posted by sreggie101
Originally Posted by DaGreatJ
Perry is a more cunning and angrier version of Bush... We are all doomed!!!
Lol my dad said the same thing, like dude is worse than bush... I've been behind on politics past few weeks so I didn't kno what to make of perry. Bachman I knew was an abomination, but it seems she's not alone from what im hearing.
Anybody! > Rick Perry, Mitt Romney, Newt GingrichOriginally Posted by EcruteakCityBoy
Ron Paul > Rick Perry
Originally Posted by BostonThreeParty
Originally Posted by eddiehouse5
And stupid middle class Americans will vote for him anyway.
well thats how Obama was elected, it goes both sides.
“I do not believe that America should fall subject to a foreign policy of military adventurism. We should only risk shedding American blood and spending American treasure when our vital interests are threatened and we should always look to build coalitions among the nations to protect the mutual interests of freedom loving people. It’s not our interest to go it alone. We respect our allies and must always seek to engage them in military missions," Texas Gov. Rick Perry (R) said at the Veterans of Foreign Wars convention in San Antonio.
http://www.realclearpolit...ilitary_adventurism.html
Rick Perry <3 Hillary Care in 1993.
http://dailycaller.com/20...1993-hillarycare-praise/
Originally Posted by rashi
For all the morons who claim Ron Paul can't get elected, these candidates are sure stealing his ideas. Especially Rick Perry, first the Fed, now warning against an aggressive foreign policy?
“I do not believe that America should fall subject to a foreign policy of military adventurism. We should only risk shedding American blood and spending American treasure when our vital interests are threatened and we should always look to build coalitions among the nations to protect the mutual interests of freedom loving people. It’s not our interest to go it alone. We respect our allies and must always seek to engage them in military missions," Texas Gov. Rick Perry (R) said at the Veterans of Foreign Wars convention in San Antonio.
Perry was a democrat when he wrote that letter.Originally Posted by Toy Collector123
Originally Posted by rashi
For all the morons who claim Ron Paul can't get elected, these candidates are sure stealing his ideas. Especially Rick Perry, first the Fed, now warning against an aggressive foreign policy?
“I do not believe that America should fall subject to a foreign policy of military adventurism. We should only risk shedding American blood and spending American treasure when our vital interests are threatened and we should always look to build coalitions among the nations to protect the mutual interests of freedom loving people. It’s not our interest to go it alone. We respect our allies and must always seek to engage them in military missions," Texas Gov. Rick Perry (R) said at the Veterans of Foreign Wars convention in San Antonio.
http://www.realclearpolit...ilitary_adventurism.html
Rick Perry <3 Hillary Care in 1993.
http://dailycaller.com/20...1993-hillarycare-praise/
Originally Posted by finnns2003
^ I have heard a lot of people want VAT like Europe, what impact does that have on items like Macs, PS3, etc.? Shy people away from buying?
Right but I was merely asking. I know things like PS3 and Macs cost a lot more in Europe than they do here. Not sure if this takes out the lower class folks who somehow buy this stuff... But either way I'm curious to see what happens.Originally Posted by foxdawg2000
Originally Posted by finnns2003
^ I have heard a lot of people want VAT like Europe, what impact does that have on items like Macs, PS3, etc.? Shy people away from buying?
So people in Europe don't buy I phones and PS3s?? uhh yes they do... my buddy is stationed over there .... there's your answer...Did people stop driving when gas got to 2 dollars a gallon? 3 dollars?. I believe certain European countries way of taxation definitely > ours.. Look at the German economy.. I understand you posed a question and I'm not arguing with you just attempting to provide an answer to your question.. Just my thoughts sir..