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Author Topic: romney is not electable... [Locked]
Rhodoman  4 stars
Posts: 1,397
Registered: 2001-6-14 21:02:19
Taxing capital gains is fair because it is INCOME just like wages are income.

If we are going to hail investors as people who make things happen in the economy by enabling businesses to create jobs, we need to recognize that the gain they make from those investments are income earned from taking a chance on the investment.

Just like the rest of the income tax rates, though, it should be low and FIXED and the same for everybody regardless of how much money they make. Most importantly, it must be permanent so that the economy can get on with the process of planning what they are going to do and how many people they are likely to hire.

Taxing dividends does *not* make sense because they are shared company profits that have already been taxed at the corporate level. If you did away with the corporate income tax, taxing dividends would then be fair.

Rho

 

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Rho is correct. - Varece
Venit hiems quidquid Latine dictum sit altum viditur
Referring to illegal aliens as 'immigrants' is the same as referring to shoplifters as 'shoppers' - Dorvinion
Kanga_Roo  2 stars
Posts: 439
Registered: 2002-2-26 12:58:17
Rhodoman posted:

...Taxing dividends does *not* make sense because they are shared company profits that have already been taxed at the corporate level...Rho



Sophistry.

Your boss pays taxes. Your boss pays you. You pay taxes. Clearly this is double taxation and you should be exempt. That's your logic applied to benefit the working class. The Republicons have a lot of seemingly logical reasons the wealthy should get tax breaks but try to give one to the workers and you get a tea party tantrum.

Dividends are INCOME. Corporations are formed for a lot of reasons, one of which is to handle taxes. Don't like the fall out - buy back your corporation and run it as a privately owned. There is a reason people choose to form corporations and it isn't because corporations are oppressed. Corporations want to have their cake and shove it up our asses too.

 

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Laws control the lesser man... Right conduct controls the greater one.
Mark Twain
Rhodoman  4 stars
Posts: 1,397
Registered: 2001-6-14 21:02:19
Nope. Dividends are profit AFTER taxes.

The money the boss pays me is an operating expense to him that he does NOT pay tax on, therefore, I have to pay tax on it.

Rho

 

-----signature-----
Rho is correct. - Varece
Venit hiems quidquid Latine dictum sit altum viditur
Referring to illegal aliens as 'immigrants' is the same as referring to shoplifters as 'shoppers' - Dorvinion
Fozzie_Bear  4 stars
Posts: 2,490
Registered: 2001-12-20 01:43:43
Kanga_Roo posted:

Rhodoman posted:

...Taxing dividends does *not* make sense because they are shared company profits that have already been taxed at the corporate level...Rho



Sophistry.

Your boss pays taxes. Your boss pays you. You pay taxes. Clearly this is double taxation and you should be exempt. That's your logic applied to benefit the working class. The Republicons have a lot of seemingly logical reasons the wealthy should get tax breaks but try to give one to the workers and you get a tea party tantrum.

Dividends are INCOME. Corporations are formed for a lot of reasons, one of which is to handle taxes. Don't like the fall out - buy back your corporation and run it as a privately owned. There is a reason people choose to form corporations and it isn't because corporations are oppressed. Corporations want to have their cake and shove it up our asses too.



Rhodoman posted:

Nope. Dividends are profit AFTER taxes.

The money the boss pays me is an operating expense to him that he does NOT pay tax on, therefore, I have to pay tax on it.

Rho



awww Kanga... awwww [sad_trombone]

 

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The Oatmeal Butterscotch paired with a Snickerdoodle
turned my cynical penis into a happy vagina
Then after an Oatmeal Cranberry and Double Chocolate,
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---AkagiyamaMissile
Hyperimiator  3 stars
Title: Maximus Probus
Posts: 840
Registered: 2001-7-20 18:55:36
combat_mage_sc posted:

Retards with ADD will forget how he ran the country into the ground, ruined our credit score and vote for him again.

Campaign rhetoric works miracles on feebs.






It figures, first thing they do to is cut credit to a black man.

 

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Fozzie_Bear  4 stars
Posts: 2,490
Registered: 2001-12-20 01:43:43
HALF black man.

his wife is more black than he is

 

-----signature-----
The Oatmeal Butterscotch paired with a Snickerdoodle
turned my cynical penis into a happy vagina
Then after an Oatmeal Cranberry and Double Chocolate,
it made my new vagina spontaneously sing the Trolololo Song in an elevator.
---AkagiyamaMissile
JD_HOGG  4 stars
Posts: 2,846
Registered: 2008-3-18 08:04:21
People who don't know shiz about taxes love to pretend to be experts on the matter.
Cuttlery  4 stars
Title: Wanna see what you missed?
Posts: 2,631
Registered: 2001-1-9 19:31:21
It doesnt matter BT has alread told us that Ron Paul is winning NH and SC so this is all moot.

 

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0.o
Bored and Useless
Mangler_SC  4 stars
Title: Bellybutton Lint Collector
Posts: 1,856
Registered: 2003-12-2 08:37:05
JD_HOGG posted:

People who don't know shiz about taxes love to pretend to be experts on the matter.

It's the ACF way!

 

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Mangler had an accident on the way home from the liquor store. He was run off the road and crashed into a woman's clinic. It was one giant Pabst smear.
-Bou_Te
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Soylent CLiKK -- It's PEEEEEOPLEEE
notmforce2k  4 stars
Posts: 1,209
Registered: 2011-10-9 09:37:34
Dammit, can we all get back to whining about the liberal media???

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