As 2012 goes on, more and more money will be headed for the sidelines as people get rid of investments to hunker down for tax increases due to arrive in 2013. http://www.zerohedge.com/news/david-rosenberg-taxation-shock-syndrome Indeed. Taxation-shock syndrome. All aimed at the people who generate jobs. Democratic economics march on.
It's real simple. Govt grabbing more and more money to cover ever more spending. It's insane and must stop. Decide in NOvember. Turn the tide.
Not me Im in the Game and reaping the benefits. What exactly are you waiting for and who are the idiots that are advising you financially? DOW = 12,965.69 NASDAQ = 2,948.57 S&P = 1,362.21 Those are ALL at least 2 Year Highs. But hay its your money.
So, rich people who make substantial sums from both working and investments are not going to continue to invest or work very hard because they may have to pay a 4 or 5% more in taxes? A brilliant theory. People are only incentivized to make money when they don't have to pay taxes! It must be extremely worrisome to side line one's portfolio that generates say, $1,000,000 yr because they have to pay 25,000 more in taxes. When you start doing the math, the premise starts to fall apart. That or it is a telling commentary of the quality of human being that is rich.
It's not about how much you make but how much you keep. The people affected by this know perfectly well that government confiscation comes incrementally. "Boiling the frog."
At the end of every year ... everyone knows what % of taxes they pay ... everything else you keep. Then you start all over again next year.
Wow! Amazingly witty for a liberal. It's amazing what you can do with a double-digit IQ when liberal standards for humor are so low. Run out of rape jokes?
Did I make a rape joke? Hmm must have missed that. I guess I can just be a classy like a PF Con and wish AIDS on people.
I've never heard a conservative wish AIDS on anyone but I have heard liberals wish AIDS on any conservative who didn't agree with them. It's really a moot point, though. When you can't actually comment on the topic at hand you attempt, a poor attempt but an attempt nevertheless, to be funny. Doesn't work but it is so liberal.
LOL, let the morons cower then. Their holdings will fall, their position will weaken, and more rational, adventurous people will take the field. Every rich person who takes his chips and walks away from the table is a seat for someone like me to buy in. What do I care about a 3-5% difference in taxes? It's not even slightly relevant to the calculation.
Except that those new rates still won't recapture the reduced rates the wealthy received under Bush, which did NOTHING to prevent the most massive economic collapse in US history. ANOTHER FAIL for economics hysteria on the part of Right Wingers.
