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SD Realtor.
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August 10, 2010 at 1:56 PM #589890August 10, 2010 at 2:25 PM #588856
Hobie
ParticipantGuess I fell for the rhetoric during the campaign promising not increase on taxes if you make under $200k. Very short sighted of me to think of this as salary only. Silly me.
-Once burn’t always learn’t. See you at the polls.
@formerSD. True, but this on top of capital gains tax increasing if Bush’s cuts are allowed to expire will most certainly keep a damper on investment. Just don’t see these policies as trying to help grow our economy.
August 10, 2010 at 2:25 PM #588951Hobie
ParticipantGuess I fell for the rhetoric during the campaign promising not increase on taxes if you make under $200k. Very short sighted of me to think of this as salary only. Silly me.
-Once burn’t always learn’t. See you at the polls.
@formerSD. True, but this on top of capital gains tax increasing if Bush’s cuts are allowed to expire will most certainly keep a damper on investment. Just don’t see these policies as trying to help grow our economy.
August 10, 2010 at 2:25 PM #589487Hobie
ParticipantGuess I fell for the rhetoric during the campaign promising not increase on taxes if you make under $200k. Very short sighted of me to think of this as salary only. Silly me.
-Once burn’t always learn’t. See you at the polls.
@formerSD. True, but this on top of capital gains tax increasing if Bush’s cuts are allowed to expire will most certainly keep a damper on investment. Just don’t see these policies as trying to help grow our economy.
August 10, 2010 at 2:25 PM #589595Hobie
ParticipantGuess I fell for the rhetoric during the campaign promising not increase on taxes if you make under $200k. Very short sighted of me to think of this as salary only. Silly me.
-Once burn’t always learn’t. See you at the polls.
@formerSD. True, but this on top of capital gains tax increasing if Bush’s cuts are allowed to expire will most certainly keep a damper on investment. Just don’t see these policies as trying to help grow our economy.
August 10, 2010 at 2:25 PM #589905Hobie
ParticipantGuess I fell for the rhetoric during the campaign promising not increase on taxes if you make under $200k. Very short sighted of me to think of this as salary only. Silly me.
-Once burn’t always learn’t. See you at the polls.
@formerSD. True, but this on top of capital gains tax increasing if Bush’s cuts are allowed to expire will most certainly keep a damper on investment. Just don’t see these policies as trying to help grow our economy.
August 10, 2010 at 2:33 PM #588866SK in CV
ParticipantThis is just bs. It’s only a revelation for those that weren’t paying attention. The surtax for high income taxpayers was long negotiated.
And it has zero to do with, as the article says “equity pocketed by a ..seller” . It has to do with profit. Gain. Equity is affected by debt. Gain is not.
This raises the tax rate on high income taxpayers to right around where it was before the Bush tax cuts.
The income level is without regards to wages or other business income. If you earn $400,000 a year from a job, and a have a few bucks in interest income, this tax will not apply.
August 10, 2010 at 2:33 PM #588961SK in CV
ParticipantThis is just bs. It’s only a revelation for those that weren’t paying attention. The surtax for high income taxpayers was long negotiated.
And it has zero to do with, as the article says “equity pocketed by a ..seller” . It has to do with profit. Gain. Equity is affected by debt. Gain is not.
This raises the tax rate on high income taxpayers to right around where it was before the Bush tax cuts.
The income level is without regards to wages or other business income. If you earn $400,000 a year from a job, and a have a few bucks in interest income, this tax will not apply.
August 10, 2010 at 2:33 PM #589497SK in CV
ParticipantThis is just bs. It’s only a revelation for those that weren’t paying attention. The surtax for high income taxpayers was long negotiated.
And it has zero to do with, as the article says “equity pocketed by a ..seller” . It has to do with profit. Gain. Equity is affected by debt. Gain is not.
This raises the tax rate on high income taxpayers to right around where it was before the Bush tax cuts.
The income level is without regards to wages or other business income. If you earn $400,000 a year from a job, and a have a few bucks in interest income, this tax will not apply.
August 10, 2010 at 2:33 PM #589605SK in CV
ParticipantThis is just bs. It’s only a revelation for those that weren’t paying attention. The surtax for high income taxpayers was long negotiated.
And it has zero to do with, as the article says “equity pocketed by a ..seller” . It has to do with profit. Gain. Equity is affected by debt. Gain is not.
This raises the tax rate on high income taxpayers to right around where it was before the Bush tax cuts.
The income level is without regards to wages or other business income. If you earn $400,000 a year from a job, and a have a few bucks in interest income, this tax will not apply.
August 10, 2010 at 2:33 PM #589915SK in CV
ParticipantThis is just bs. It’s only a revelation for those that weren’t paying attention. The surtax for high income taxpayers was long negotiated.
And it has zero to do with, as the article says “equity pocketed by a ..seller” . It has to do with profit. Gain. Equity is affected by debt. Gain is not.
This raises the tax rate on high income taxpayers to right around where it was before the Bush tax cuts.
The income level is without regards to wages or other business income. If you earn $400,000 a year from a job, and a have a few bucks in interest income, this tax will not apply.
August 10, 2010 at 2:45 PM #588881SK in CV
Participant[quote=Hobie]Guess I fell for the rhetoric during the campaign promising not increase on taxes if you make under $200k. Very short sighted of me to think of this as salary only. Silly me.
[/quote]
I don’t understand this. If you make under $200K it doesn’t apply. Which rhetoric did you fall for?
August 10, 2010 at 2:45 PM #588976SK in CV
Participant[quote=Hobie]Guess I fell for the rhetoric during the campaign promising not increase on taxes if you make under $200k. Very short sighted of me to think of this as salary only. Silly me.
[/quote]
I don’t understand this. If you make under $200K it doesn’t apply. Which rhetoric did you fall for?
August 10, 2010 at 2:45 PM #589512SK in CV
Participant[quote=Hobie]Guess I fell for the rhetoric during the campaign promising not increase on taxes if you make under $200k. Very short sighted of me to think of this as salary only. Silly me.
[/quote]
I don’t understand this. If you make under $200K it doesn’t apply. Which rhetoric did you fall for?
August 10, 2010 at 2:45 PM #589620SK in CV
Participant[quote=Hobie]Guess I fell for the rhetoric during the campaign promising not increase on taxes if you make under $200k. Very short sighted of me to think of this as salary only. Silly me.
[/quote]
I don’t understand this. If you make under $200K it doesn’t apply. Which rhetoric did you fall for?
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