Isnt a logical interpretation of data the heart of the debate? Would you really recommend data combined with anecdotes from complete strangers? I could refute every one of your anecdotes with a few of my own, moreover Ive got no reason to believe any of you guys are business owners, so where does that get us? - - - Updated - - - Why should I believe anything you say?
He meant owners, which was clear from the context of the post. And yes, they are called "holders" in many cases, as in share holders. Higher amounts? Where? In total dollars, or as a % New Republican tax plan solves all that: http://townhall.com/tipsheet/kevinglass/2014/02/26/everything-about-dave-camps-tax-reform-n1801011 Check it out. Yeah, you are way over simplifying it. You should check the link instead of reading the Daily Kos. The evil rich people who have the nerve to pay for most of the government get same treatment between capital gains and income tax. Trickle down economics? You know the effective tax rate on the wealth is higher then before Reagan was in office right? How much is the fair share, right amount to take from people, beyond which is somehow "trickle down"? How much do you think the rich and you should have to pay as a % to the federal government. Right now, the rich pay about 50% in taxes, middle class 40%, poor working class 30% all taxes across the board. The other half of America doesn't work.
Very interesting points of view. Let me answer you questions in another way, if you will allow me. When I was getting my first degree in history, we were taught that primary accounts of any event were the gold standard of data. So I run a business (we will get to how you can know this, later), and I see with my own eyes the damage and carnage caused by the policies of Barack Obama. That is primary evidence. The silver standard is secondary accounts which comes in the form of first hand accounts of others told to me. So other business owners talk to me and confirm what I have already been observing. So let us look at your way of validating information for a second. If you are outside and water starts falling from the sky, whereas most others would conclude that it was raining, you are insisting that it may or may not actually be raining because an authoritative figure, your media meteorologist told you it wasn't going to rain today. At which point, you decide that instead of relying on primary evidence, your observation of water falling from the sky, you decide to check the official meteorology report, as opposed to perhaps putting up an umbrella, like everyone else who are apt to be fooled by unofficial and unpublished data. Yes, you are so much wiser than all of those people relying on their five senses, but then again, you are all wet. As for whether I own and operate a business, there are two ways of telling, because you are correct. There are quite a few people who do not run a business, have never run a business, and never will run a business who have claimed that they run businesses. These people are, in my experience, liberals without exception. And the claim is made just after a real business owner makes the challenge to some idiocy to the effect, "Exactly which businesses have you ever run?". So the liberal says some nonsense about running a business which everyone who has ever run a business realizes is total nonsense. So how does one know? To me it is a fairly simple answer, they have a clue. It is tremendously self-evident if you ever ran a business. But there is one piece of data that every business owner is required to provide upon request which is already of public record, and if you ran a business in the United States, you would already know this. So I am enjoying watching liberals lie about knowing something about the business world, when in fact they are obviously arguing from a point of complete ignorance, and one of these days, I will challenge someone to provide the information, and of course they will not be able to. But, like I said, if you truly wanted to know if I ran a business, and if you actually ran a business yourself, you would request the information.
You have ZERO moral right to determine whether ANYONE but yourself earned ANYTHING and STOP projecting.
So apparently being in the top 0.1% excludes you from being a senior citizen huh? NO, many people don't pay ANY federal income taxes..... as in 43%. Good. I'd eliminate ALL capital gains and encourage morons to start investing their earned income checks instead of blowing them at the mall.
LOVE how paying federal income taxes is welfare while collecting earned income credit, getting full refunds and living off section 8 and food stamps is a "contributor". - - - Updated - - - And they wonder why no one actually takes them seriously.
I never made that claim. And not sure what your point is with those not paying income tax. That's been in existence for decades. Do you have a point? Your use of emoticons has been called out repeatedly and they only make your responses appear childish instead of contributing to adult discussion. But back on topic, what would your elimination of capital gains do exactly (besides further enrich the wealthy who already consume a massive and continually growing amount of the nation's wealth).
It's not about me having a moral right. It is a fact. The tax cuts were given to the job creators to create jobs. It was never the intended purpose for that money to be stolen from the taxpayer for some rich cat to put it in a tax sheltered account drawing interest for him or her. We heard that straight from Bush's mouth. It has nothing to do with morals. The reason for the tax cuts was to improve job statistics. That didn't happen.
Sure you did. I told you senior citizens held the majority of capital gains and you countered with the 0.1%. I guess it could have been a strawman/red herring on your part. Yes, just a few decades ago EVERY income earner contributed before politicians started handing out earned income credit for votes all the while putting it on the national credit card. Well, if you're not smart enough to do what "rich" people do to get richer I guess you deserve to be dirt poor. I know I'd invest more of my discretionary income with a zero capital gains tax. - - - Updated - - - Called out.....
You attempted to judge WHO earns and WHO doesn't. Let me fill you in on something...... An investor who pops in a few million on a business so they can buy capital?????? Does A LOT MORE for our economy that your (*)(*)(*)(*)ing burger flipper. THAT is a FACT. FALSE MEME ALERT!!!! Tax cuts are given to encourage increased discretionary spending which benefits EVERYONE in a slow economy...... Tax increases are a tool used to curb discretionary spending when inflation is caused by demand outpacing supply. Rich peoples money spent is no different than yours.....EVERYONE should be getting a tax break in a slow economy. Anytime I hear the word "stolen" I know I'm dealing with a progressive ideologue who has absolutely no concept of reality. NEWSFLASH!!!!! Them keeping MORE of their earnings is NOT stealing......
I think from now on I'd rather put my money on the burger flipper; http://www.businessinsider.com/bush-era-tax-cuts-didnt-fix-economy-2012-12 Except that extra spending money went to overseas tax havens for the wealthy Except the ones getting the biggest pie weren't spending it here; http://www.huffingtonpost.com/2012/12/14/fortune-500-overseas-profits_n_2301223.html I have concept of reality alright. When I look out across that big wide ocean, I know out there somewhere there's several trillion dollars of our money we will never see again. I fail to see the funnies in that. But hea, you keep laughing at yourself for getting ripped off. You might as well. You won't see that money again.
Speaks volumes for how "out of touch" people are..... Wait until the burger flipper is replaced by automation. Some did. Regardless, there's absolutely nothing you can do about it anyway except make the US an attractive environment for spending. So WHY do people like you go out of your way to make the US unfriendly for business and spending money? Some did. Regardless, there's absolutely nothing you can do about it anyway except make the US an attractive environment for spending. So WHY do people like you go out of your way to make the US unfriendly for business and spending money? Except it was NEVER YOUR money to begin with thief. See? That's the ridiculous argument you attempt to pass off as logic and rational. YOUR money is WHAT you earn. You don't deserve anything out of someone else's paycheck. Look who's the REAL thief. Just pass by any mirror.
Did I miss he part where Obama and Reid acquiesced all their power to the House? Why would they do that? - - - Updated - - - Yes when the Democrats including Obama to control and all we have seen are their failures ever since.
It's not the hard data it is the interpretations and use of them that has been refuted over and over.
Where did you get that idea? Absolutely corporate taxes should be cut, the taxes Obama raised rescinded and the all tax rates made permanent. Bush's $600 advance wasn't a tax cut it was a failed attempt at government injecting money into the economy to try and spur the demand side and it like previous attempts failed, it wasn't until the tax RATE cuts went into full effect that the economy went into full recovery and revenues soared, we had 52 months of full employment and the deficits fell dramatically to a paltry $161B. Then of course the Democrats including Obama took over the Congress and the White House and we see the results. - - - Updated - - - What type of business, mine industrial sales, MRO items.
And when the President's party controls Congress the President becomes the driving force and in fact not only did Obama support and vote for the 2008 and 2009 budget which raised the deficits from the last Bush/Republican $161B to over $1,400 the 2009 Ominbus bill was delayed so that Obama's spending preferences could be included and then as President HE signed it into law. That is a fact one of our Obama defenders here likes to try and dodge and omit in his posting of numbers. It entirely depends on the balance of power and no they did not state their main priority was to obstruct and they certainly did not during Obama's first two years when he had a Democrat congress and have certainly been willing to work with him since. It is the Presidents JOB to figure out how to work with the Congress, sitting back an blaming the House for his failures is just excuse making.
That is it? You are so unimaginative that you really only see two, and only two solutions. How about check to see if you have a pair, work your ass off, learn something useful, take a risk, and start your own business? How about becoming irreplacable to the point that you dictate the terms of your employment? No. All of that would take effort.
Nothing false about it at all, 52 months of solid growth and full employment and yes I was able grow my IRA and 401K, which are located on Wall Street, quite nicely if you didn't take advantage of it too bad for you. That was just the mortgage industry and the government injecting itself into it and TARP corrected that. What failed about them revenues soared after they were implemented. If it is an American citizen whose money is growing there they pay taxes on it. ROFL the patriotic thing to do is use your money for something else besides your own use....now that is rich. Please explain how you do so with your money. Stole it from whom? Who did Steve Jobs steal his money from? How about Soros? They are keeping their own money instead of what? And how has Bush been responsible for the economic policies of the last 5 years? You do realize that the Bush tax rates cuts caused an explosion of tax revenues with the highest earners not only paying a LOT more in actual revenues and a HIGHER percentage of all tax revenues while millions at the bottom had their entire tax liabilities wipe out. What exactly is your complaint?
So what? Government has not claim on a certain percentage of GDP but go back and include the 2008 and 2009 budgets which were Democrat budgets support and voted for by Obama and including HE signed HIS 2009 budget into law. 2008 and 2009 were NOT Bush administration budgets, they were Pelosi and Reid and Obama budgets. - - - Updated - - - How was it welfare for them, prove they paid less in actual revenues and a smaller percentage of taxes.
Quote Originally Posted by Bluesguy View Post Why would you assume I am not increasing my business by increasing my market share by taking it from them? Non-sequitor.
