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Participant[quote=Aecetia]I must have missed it. I thought flu said, buy and ship from abroad. I would support VAT if it completely replaced both State and Federal Income Tax.
Today I heard that the new financial bill that is making the rounds may have a transaction tax built in for certain trades: Sen. Tom Harkin (D-Iowa) called for the creation of a tax on financial transaction to help reduce the deficit.
“At a time when the deficit is rising, we must find ways to reduce the debt without putting a heavy burden on average Americans or cutting necessary services,” he said. “A small transaction tax can raise substantial funds with virtually no effect on middle-class families. And it has the added effect of dampening down overly speculative trading, which is partially to blame for the recent economic crash.” Harkin joined Wall Street and economic experts as well as labor leaders and consumer advocates in calling for the tax.
That should put a damper on the recovery.
How does taxation of speculative trading impact the recovery?
Participant[quote=Aecetia]I must have missed it. I thought flu said, buy and ship from abroad. I would support VAT if it completely replaced both State and Federal Income Tax.
Today I heard that the new financial bill that is making the rounds may have a transaction tax built in for certain trades: Sen. Tom Harkin (D-Iowa) called for the creation of a tax on financial transaction to help reduce the deficit.
“At a time when the deficit is rising, we must find ways to reduce the debt without putting a heavy burden on average Americans or cutting necessary services,” he said. “A small transaction tax can raise substantial funds with virtually no effect on middle-class families. And it has the added effect of dampening down overly speculative trading, which is partially to blame for the recent economic crash.” Harkin joined Wall Street and economic experts as well as labor leaders and consumer advocates in calling for the tax.
That should put a damper on the recovery.
How does taxation of speculative trading impact the recovery?
Participant[quote=Aecetia]I must have missed it. I thought flu said, buy and ship from abroad. I would support VAT if it completely replaced both State and Federal Income Tax.
Today I heard that the new financial bill that is making the rounds may have a transaction tax built in for certain trades: Sen. Tom Harkin (D-Iowa) called for the creation of a tax on financial transaction to help reduce the deficit.
“At a time when the deficit is rising, we must find ways to reduce the debt without putting a heavy burden on average Americans or cutting necessary services,” he said. “A small transaction tax can raise substantial funds with virtually no effect on middle-class families. And it has the added effect of dampening down overly speculative trading, which is partially to blame for the recent economic crash.” Harkin joined Wall Street and economic experts as well as labor leaders and consumer advocates in calling for the tax.
That should put a damper on the recovery.
How does taxation of speculative trading impact the recovery?
Participant[quote=Aecetia]I must have missed it. I thought flu said, buy and ship from abroad. I would support VAT if it completely replaced both State and Federal Income Tax.
Today I heard that the new financial bill that is making the rounds may have a transaction tax built in for certain trades: Sen. Tom Harkin (D-Iowa) called for the creation of a tax on financial transaction to help reduce the deficit.
“At a time when the deficit is rising, we must find ways to reduce the debt without putting a heavy burden on average Americans or cutting necessary services,” he said. “A small transaction tax can raise substantial funds with virtually no effect on middle-class families. And it has the added effect of dampening down overly speculative trading, which is partially to blame for the recent economic crash.” Harkin joined Wall Street and economic experts as well as labor leaders and consumer advocates in calling for the tax.
That should put a damper on the recovery.
How does taxation of speculative trading impact the recovery?
Participant[quote=SD Realtor]Putting a label on a flat tax is fine at it but there is not anything “unfair” about it at all. In fact many of the emerging countries in eastern europe have embraced it.
[/quote]As someone whose AGI was to high to qualify for education credit (my wife is doctoral student and I spent $2K on my professional development last year) or child credit (and I have three kids) due to the money I made on a side I feel your frustration. My back of the envelope calculation shows that I got to keep about 30 cent of each $ I earned on a side, partially due to poor tax planning.
But, the governments of Eastern European countries are bought and paid for by rich tycoons who are not nearly as sophisticated as the US tycoons. The upward transfer of wealth and the social injustice is depressing. I most definitely do not want to live in such system. Nor do I want to live in flu’s “they work 6-7 days/week, 10-12 hours/day for $2-3K/month” (and they are not in the gaming industry) heaven.
Participant[quote=SD Realtor]Putting a label on a flat tax is fine at it but there is not anything “unfair” about it at all. In fact many of the emerging countries in eastern europe have embraced it.
[/quote]As someone whose AGI was to high to qualify for education credit (my wife is doctoral student and I spent $2K on my professional development last year) or child credit (and I have three kids) due to the money I made on a side I feel your frustration. My back of the envelope calculation shows that I got to keep about 30 cent of each $ I earned on a side, partially due to poor tax planning.
But, the governments of Eastern European countries are bought and paid for by rich tycoons who are not nearly as sophisticated as the US tycoons. The upward transfer of wealth and the social injustice is depressing. I most definitely do not want to live in such system. Nor do I want to live in flu’s “they work 6-7 days/week, 10-12 hours/day for $2-3K/month” (and they are not in the gaming industry) heaven.
Participant[quote=SD Realtor]Putting a label on a flat tax is fine at it but there is not anything “unfair” about it at all. In fact many of the emerging countries in eastern europe have embraced it.
[/quote]As someone whose AGI was to high to qualify for education credit (my wife is doctoral student and I spent $2K on my professional development last year) or child credit (and I have three kids) due to the money I made on a side I feel your frustration. My back of the envelope calculation shows that I got to keep about 30 cent of each $ I earned on a side, partially due to poor tax planning.
But, the governments of Eastern European countries are bought and paid for by rich tycoons who are not nearly as sophisticated as the US tycoons. The upward transfer of wealth and the social injustice is depressing. I most definitely do not want to live in such system. Nor do I want to live in flu’s “they work 6-7 days/week, 10-12 hours/day for $2-3K/month” (and they are not in the gaming industry) heaven.
Participant[quote=SD Realtor]Putting a label on a flat tax is fine at it but there is not anything “unfair” about it at all. In fact many of the emerging countries in eastern europe have embraced it.
[/quote]As someone whose AGI was to high to qualify for education credit (my wife is doctoral student and I spent $2K on my professional development last year) or child credit (and I have three kids) due to the money I made on a side I feel your frustration. My back of the envelope calculation shows that I got to keep about 30 cent of each $ I earned on a side, partially due to poor tax planning.
But, the governments of Eastern European countries are bought and paid for by rich tycoons who are not nearly as sophisticated as the US tycoons. The upward transfer of wealth and the social injustice is depressing. I most definitely do not want to live in such system. Nor do I want to live in flu’s “they work 6-7 days/week, 10-12 hours/day for $2-3K/month” (and they are not in the gaming industry) heaven.
Participant[quote=SD Realtor]Putting a label on a flat tax is fine at it but there is not anything “unfair” about it at all. In fact many of the emerging countries in eastern europe have embraced it.
[/quote]As someone whose AGI was to high to qualify for education credit (my wife is doctoral student and I spent $2K on my professional development last year) or child credit (and I have three kids) due to the money I made on a side I feel your frustration. My back of the envelope calculation shows that I got to keep about 30 cent of each $ I earned on a side, partially due to poor tax planning.
But, the governments of Eastern European countries are bought and paid for by rich tycoons who are not nearly as sophisticated as the US tycoons. The upward transfer of wealth and the social injustice is depressing. I most definitely do not want to live in such system. Nor do I want to live in flu’s “they work 6-7 days/week, 10-12 hours/day for $2-3K/month” (and they are not in the gaming industry) heaven.
ParticipantThe stock was below $36 less than two months ago. But 10% drop in revenue has to hurt.
ParticipantThe stock was below $36 less than two months ago. But 10% drop in revenue has to hurt.
ParticipantThe stock was below $36 less than two months ago. But 10% drop in revenue has to hurt.
ParticipantThe stock was below $36 less than two months ago. But 10% drop in revenue has to hurt.
ParticipantThe stock was below $36 less than two months ago. But 10% drop in revenue has to hurt.
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