"You didn't build that!" Quote of the year?

tap tap tap.....

We're waiting for context.....

tap tap tap....

 

Actually, no you don't. You only pay taxes on the profit you make from the investment. Are you SURE you own a business? I really, really am starting to doubt you at this point. You don't even know basic finance.

 

[video=youtube;y162HKKqjng]http://www.youtube.com/watch?v=y162HKKqjng[/video]

[video=youtube;TWrdgkt9z_c]http://www.youtube.com/watch?v=TWrdgkt9z_c[/video]

 

The money has already been taxed once....prior to investment.....why should government be taxing it again?

....why do Democrats insist on sharing in my profits but not my losses?

I have the tax returns and bucket of vaseline to prove it.......
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Because you're earning money you didn't have prior to the investment. Why is this so hard for you to understand?

You absolutely do not own a business. No one can be this ignorant of finances and run a business anywhere but into the ground.

(By the way, tax writeoffs mean we do share in your losses also. Ignorant, ignorant poster).

 

NO, I make $350,000.00 and after deductions I pay $84,000 in income tax on ordinary income. I invest $100,000 of that $266,000.00 remainder. I make a capital gain on that $100k of $20,000. I owe $3000.00 in taxes on the gain of money that had no tax advantage. Instead of complaining about capital gains, you should be complaining about someone in the 20% bracket that has CD's in a bank. The bank rolls over the interest, say $1000. in interest, and the person never touches that money, but gets a 1099 from the bank and they owe $200. taxes on that $1000 they never touched.

Instead of championing the idea of the government robbing even more from the rich, you SHOULD be fighting for that little guy that is being totally screwed by the government.

Bill Gates and Warren Buffet are both billionaires. Did either of them STEAL one cent from anyone in the middle class,,,,,,,,,,or any other class? I don't care for either of them, but they earn their money. What they earn does NOT come at the expense of anyone else. Liberals have been brainwashed into thinking there is a finite amount of wealth. and that however much a rich person makes, leaves that much less for you. That's complete bullcrap. Buffet and Gates have more money than the US govt had a few years ago. Now they have that much, and the govt has TRILLIONS more. I've made a few dollars in my life. Not one penny of it came out of your pocket, or anyone else's pocket. I earned it at the expense of MY time and MY effort. No other expense from anyone.

 

I'm at workand on a mobile... too much effort to bother with.

When you watch it - since you already know where it is - note that he talks about roads and bridges in the preceding sentence. Then he makes the mistake of saying "that" instead of "those." That's it.

... or keep perpetuating lies. Whatever.

 

Off of money that I already paid tax on....

...why do you believe government has to have its hand in everything?

Do you support the government taxing savings?

You dont share in jack squat....whether its building the business or any losses that may occur....the only time Democrats are ever interested in sharing is when they are talking about my business and my profits.
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You pay a 24% effective rate on income of $350k? That's what you're (*)(*)(*)(*)(*)ing about?

You're investment income would go on next years return, right?

Wow, you familiar with the term "choose your battles?"

 

Hahahaha, he's completely off.

 

For you and Dave1mo

http://www.whitehouse.gov/blog/2011...ce-president-biden-s-tax-returns-and-tax-rece

"Today, the President released his 2010 federal income and gift tax returns. He and the First Lady filed their income tax return jointly and reported an adjusted gross income of $1,728,096. The vast majority of the family’s income is the proceeds from the sale of the President’s books. The Obamas paid $453,770 in total federal tax."


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$453,770.00 / $1,728,096.00 = 26,2%

Do you not know what is going on with income taxes? Why Republicans say, "don't raise the rates because the rates mean nothing." Change the deductions and loopholes if you want more tax revenue.


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http://www.whitehouse.gov/sites/default/files/president-obama-2010-complete-return.pdf

2009
obama AGI $5,505,409.00. Tax paid, $1,792,414.00.

That's 32.6% He had better tax people in 2010.

obama wants the rich to pay the Clinton rates of 39.6%. WHY doesn't he lead by example? 39.6% of $1,728,096. is $684,326.00,,,NOT $453,770.00

obama SPEAKS, and his actions show he lies!

 

Please mark the time in the video where Romney implied the Olympic athletes should now share a piece of their gold medals...or profits from any endorsement contracts...with the Olympic committee.

 

You're only kidding yourself if you think the GOP has any interest in closing loopholes beyond paying the thought lip service.

I look at Obama's taxes and think he's leading by example. He pays his fair share. You should ask yourself what kind of an example your candidate is setting.

 

Fair enough. It's certainly your prerogative to think what you want about whom you want, but if you know that Obama was referring to roads and bridges and used the wrong pronoun to refer back to them then it must be your preconceived notions that lead you to to believe he has contempt for you.

BTW, I made no assumptions, you led me to believe you were unaware of the context of Obama's statement.

 

First the context of Obama's statement doeant make it better it in point of fact makes it worse. 2nd everyone benefits equally from roads bridges and schools. Why isn't every then a rich entrepreneur? Because most of us aren't willing to work 16 hour days 5-7 days a 52 weeks a year and then lie awake 2-3 nights week wondering what you can do to make things better tomorrow. It's much easier to make excuses and blame the guy who is willing to do that, for your self generated poverty.

 

Guess who's gonna have to rebuild your crumbling infrastructure.

 

That is a clear fact!!

Warren and those who can see things properly, are this nation's only hope.

 

Much of the technology that powered American industry came from government laboratories.

 

Parasites like Obama and Warren have never built anything....or ever ran so much as a lemonade stand....

......this nation's hope lays where it always have.....in the Host Organism....the private sector and the American entreprenuer.
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So basically, all amerian businesses are charity?

You buy an ipad, you give the retail store money, and you have an ipad in return.

What a charitable donation!

 

Oh yea? Infrastructure subsidized and maintained by societal institution are paid by tax money came from you alone? Employees who have been educated by social institutions are paid by you alone?

Furthermore, can you teenie boppers live for 1 week without some major fastfood chain or your local dinners?

Somehow libs always consider mutual-benefit to be one-side favor.