Then maybe YOU can help me. Just so I understand, a company generates revenue from a change in ‘owners’ of money. If I own stock in a company and they make a profit isn’t some miniscule portion of that profit mine? The company pays tax on that profit (including my miniscule part). They then MAY distribute any remaining in dividend (which represents my miniscule part of the original PRETAX profit) to me which I pay tax on. How is the ORIGINAL transfer of money not taxed twice?
Sorry wrong answer. The dividends you received were expenses that your "company" deducted from their profits and reduced their taxes. So you paid taxes on them since to you they were "profits". The money was taxed only one time.
Sorry wrong answer. The dividends you received were expenses that your "company" deducted from their profits and reduced their taxes. So you paid taxes on them since to you they were "profits". The money was taxed only one time.
Sorry but I don't buy that line about higher taxes reducing investment either. People play the stock market to make money and that won't change with higher taxes. Bsdes the taxes are not on "risk" they are only paid on PROFITS.
so that is how you justify the government taking more from those who have paid far more than their share?
No, I think that was his response to the Republican argument that raising the LTCG rate would stunt investment. What is the justification for taxing LTCG differently than other income?
so that is how you justify the government taking more from those who have paid far more than their share?
asked and answered so many times I must conclude you are trying to disrupt the thread
I know the middle class do pay a lot via regressive taxes. Why put more on them?
Forgive me for not flipping through all 100 pages to uncover your pearls of wisdom.
And God knows you hate to repeat yourself. :lol:
Sometimes searching for the answer yourself will lead to more enlightenment than having a wise man spoon feed you the answer. You are familiar with the socratic method I assume?
you labour under the delusion that the current level of spending is necessary and proper
And some labour in illusions of grandeur.
and some wallow in self pity and demand others be taxed more to alleviate their feelings of butt hurt envy
but the fact is, this country's federal government spends way too much and taxes those who do not drive this spending far too much so as to pander to the masses who desire this spending
the first place to start is to roll back that spending
Yep, you really can't stand repeating yourself, can you. :lol:
why are you trying to divert this thread?
and some wallow in self pity and demand others be taxed more to alleviate their feelings of butt hurt envy
but the fact is, this country's federal government spends way too much and taxes those who do not drive this spending far too much so as to pander to the masses who desire this spending
the first place to start is to roll back that spending
Fine by me, let private enterprise pay for roads theme selves if they need employees to get to work. Let Private enterprise pay for health care if they need healthy workers. Let Private enterprise pay for sewage if they don't want cholera out breaks!
Oh the drama:roll:
I know the middle class do pay a lot via regressive taxes. Why put more on them?
In order to cut taxes for the rich even further, have you not seen the tax proposals by the GOP candidates? Romney (who already pays a lower rate in federal taxes than someone making $50,000) proposes huge additional tax cuts for the rich!
you labour under the delusion that the current level of spending is necessary and proper
Romney has proposed increased spending on the military, and wants us to go back to Iraq!!!!
and pay for your own medical costs rather than demanding others pay for it?
Eh, I thought it was Perry who wanted to re-invade Iraq?
I think that was included in my little diatribe there bright eyes.
If employers want a healthy work force they have to pay for it.
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