- Joined
- Dec 9, 2009
- Messages
- 134,496
- Reaction score
- 14,621
- Location
- Houston, TX
- Gender
- Male
- Political Leaning
- Conservative
More good news for America.
Dow at 8-month high
Good news for America is bad news for Conservatives.
Spews the poster who thought investment funds (not counting the profits) were taxed twice. Despite the insults you hurl as cover in a vain attempt to pretend like you know more than your betters, you actually prove that you're the one who doesn't understand.If you take a risk and invest your money into stocks and make money I don't expect to get some of it, but that is apparentlyt he difference between me and you. Further stock losses are limited and by increasing taxes on risk taking you are going to discourage investment but I am sure someone like you doesn't understand that
Yes, of course I was. I have a lot of money invested in my 401K. Thanks to Obama's policies, my 401K is making a comeback after I lost a ****load on Bush's watch.I am sure you were celebrating when the stock market went over 14000 during the Bush term.
Yes, of course I was. I have a lot of money invested in my 401K. Thanks to Obama's policies, my 401K is making a comeback after I lost a ****load on Bush's watch.
So you managed your 401k poorly before, and now you are better at it, and you give all the credit to Obama's policies. Makes one wonder what compensation one gets by posting such wonderful niceties. :lamo
Yes, of course I was. I have a lot of money invested in my 401K. Thanks to Obama's policies, my 401K is making a comeback after I lost a ****load on Bush's watch.
Being liberal apparently makes you an expert and legend in your own mine, however you need to think more with the brain you have vs. your heart. You somehow think it is more compassionate to send money to the Federal govt. in the form of taxes than keep more of what you earn and spend it locally on charities and your church. That is typical liberalism of passing the buck and claiming that you care. If you truly cared you would start your own business, pay those employees the salary you think is fair, send in more in tax revenue than required, but no, you would rather spread your misery equally to everyone else telling others how to live and how unfair they are.
From your post you have no concept of being in business for yourself. Would love to see you take my advice and start your own business. Get back to me afterwards.
No, he did manage his 401k poorly; bush* mishandled the economy
Bush's supreme court picks certainly are more competent than the two clinton picks and Quotamayor. Those three idiots claimed that the second amendment did not recognize an individual right
Shows what you know, I have has a sucessful business for 32 years.
I sad the Progressive tax structure has nothing to do with compassion (although why you find it a 4 letter word is beyond me) it is PURELY FUNCTIONAL. Our economy survives on spending, taking tax money form people who spend every dime slows economic growth by reducing their spending. Taxing income NOT spent by the earner boosts the economy when the Govt. spends it. There you have it...progressive taxes increase growth and GDP. Be proud that you are part of it.
Interest rates are being kept this low for at least another year. And btw, they wre reduced to these levels back around 2003. I also don't believe the numbers you're casually tossing around.Those gains in your 401K? Better realize them. The stock market has been manipulated by near-zero interest rates set by the Federal government under Obama's watch. When interest rates begin to rise, you'd better be ready to pull the trigger.
By the by, when Bush left office the DJIA stood at 8400. Four months in to Obama's presidency, thanks in part to Obama's inability to lead and instill confidence, the market plummeted to 6500 in 2009. The market only began recovering when it was socially engineered to do so -- by the Obama Administration lowering interest rates to near-zero.
Dow Jones Industrial Average (2000 - Present Daily) - Charting Tools - StockCharts.com
Fed Funds Rate - Rate, Definition & Historical Graph
Interest rates are being kept this low for at least another year. And btw, they wre reduced to these levels back around 2003. I also don't believe the numbers you're casually tossing around.
Here are the real numbers:
1/20/09: 8,280
5/20/09: 8,422
The low of 6,547 occurred on March 9th and had nothing to do with Obama's policies and everything to do with the bear market that began its downward spiral some 18 months earlier. 20 days before the Dow bottomed out at 6547, Obama's stimulus was passed and the Dow commenced on one of the steepest inclines in history.
I don't care where you got your numbers from, they're wrong. Moses could have handed them to you on stone tablets, they'd still be wrong.I'm not casually tossing around numbers...I linked to both references. Believe what you will, Sheik, it's your money. Hail to the Chief!
In early 2009, the Fed rate was reduced to near zero...moving hundreds of billions of dollars from cash instruments into the equity market. You actually think the market went up because business was so good????
Payroll taxes, corporate taxes, capital gains, and just about every other form of taxation
capital gains taxes are income taxes
try again
and Payroll "taxes" have never played a prominent role in the divide and conquer schemes of congress
Yeah you continually claim that BS over and over but the fact remains most sane people consider it double taxation when the governmentThere is no taxing twice for you to worry about. You know that. You have been educated on that false claim time and time and time again.
Capital gains taxes are merely usage taxes.
Yeah you continually claim that BS over and over but the fact remains most sane people consider it double taxation when the government
1) takes two cuts of the same pool of money
2) and there is only one exchange of value
Look, I realize you want the government to get as much money from people as possible
I realize you think its fine for one million dollars of profit to be taxed at 350,000 dollars at the corporate level and then taxed another 40% at the dividend level meaning that the government takes 600,000 or more from that One million
I also realize you think its wonderful that someone who has saved all their lives with investments in the stock market who retire with a dividend income of one million a year will have their taxes go from 150K at the federal level to 300K
but claiming you have educated me on this is idiotic. when you start paying the amount of taxes I do then you might have somewhat near the same education I do on this subject
that's moronic. if you had capital gains taxes you might know that
when I pay my taxes quarterly the same check and the same form covers both my earned and investment income
stop lying
And after all is said and who do you run to when the deal goes bad?
Could it be the government and the courts?
Uhmm you don't pay capital gains quarterly. And if one has a loss in one year that can carry over to the next year as a write off.
LOL you really are unlearned when it comes to taxation.
how so????????
Uhmm you don't pay capital gains quarterly. And if one has a loss in one year that can carry over to the next year as a write off.
LOL you really are unlearned when it comes to taxation.
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