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December 11, 2012 at 11:42 AM in reply to: Taxing the rich more? How about making companies bring money back…… #756083
meadandale
Participant[quote=flu]I’m not really sure taxing people (any people more is really gonna solve any budget issues)…
Spending problem, no?[/quote]
December 11, 2012 at 8:26 AM in reply to: Taxing the rich more? How about making companies bring money back…… #756073meadandale
Participant[quote=SK in CV][quote=meadandale][quote=CA renter]
How about leveling the playing field and taxing ALL income at the same rates instead of just “punishing” workers (especially W-2 slaves)?Thoughts?[/quote]
Well, I’d argue that taxes on wages are too high, not that taxes on investment income is too low.
If unlike the majority of the wage slaves, I’ve been smart enough to set aside some money and invest it rather than spend myself into debt, why should I have to pay the government half of any return I make risking MY OWN MONEY?[/quote]
Kind of a straw man argument. No one has suggested half.[/quote]
Dividend taxes are going to be 43%. That’s pretty close to half.
Capital gains rates are going to be almost 25% (20% plus the 3.8% ObamaCare bonus).
December 11, 2012 at 7:58 AM in reply to: Taxing the rich more? How about making companies bring money back…… #756069meadandale
Participant[quote=CA renter]
How about leveling the playing field and taxing ALL income at the same rates instead of just “punishing” workers (especially W-2 slaves)?Thoughts?[/quote]
Well, I’d argue that taxes on wages are too high, not that taxes on investment income is too low.
If unlike the majority of the wage slaves, I’ve been smart enough to set aside some money and invest it rather than spend myself into debt, why should I have to pay the government half of any return I make risking MY OWN MONEY?
meadandale
Participant[quote=flu]There’s one big difference.
The very tiny percentage of these people described in this article that dropped out of college are very very intelligent people who didn’t need to go to college…
Most americans aren’t like that.[/quote]
^^^ This
The lazy, latte sipping hipsters living in their parent’s basement complaining about getting a 40 hr/wk job aren’t going to be the next Steve Jobs or Mark Z.
The one thing all of the people mentioned in the article all have in common? They are all type A personalities and would have been successful in any businesses INCLUDING tech…with or without college.
meadandale
ParticipantI’ve got my Keogh at Fidelity but I don’t do much active trading. May have to give some thought to moving it all over Schwabb.
Thanks for the heads up.
meadandale
Participant[quote=ltsdd][quote=meadandale][quote=ltsdd]Can’t blame people for being upset that the Govt is taking away the free handouts that they have been enjoying the last 10 years with the generous tax cuts initiated during the Bush administration.[/quote]
I love when someone refers to “keeping your own money” as a “handout”.[/quote]
If you don’t accept that taxation is a part of life here in the U.S. then I agree that it’s not a handout. Otherwise, suck it up and accept the reality and be thankful that Bush gave most of us a nice yearly bonus for the last ten years or so.[/quote]
I don’t accept that every dollar I earn belongs to the government by default and that it is only by the government’s generosity that I’m allowed to keep some of my earnings.
That’s called slavery.
Yes, we as citizens have to come together as a society and pitch in. That’s why we have taxes. However, the things we are now pitching in for are expanding to things that the government should not be involved with and they are sucking an ever increasing amount of our GDP into their giant maw.
meadandale
Participant[quote=ltsdd]Can’t blame people for being upset that the Govt is taking away the free handouts that they have been enjoying the last 10 years with the generous tax cuts initiated during the Bush administration.[/quote]
I love when someone refers to “keeping your own money” as a “handout”.
meadandale
Participant[quote=flu][quote=Oni Koroshi]Aside from the small sales tax increase, this won’t affect the income for most of us yet public education will benefit greatly which does affect all of us.[/quote]
It won’t do shit for public education.
Bookmark this thread and let’s compare notes in 2 years to see if your local public school are any better off 2 years from now…
Local schools know this…And that’s probably why there’s a bunch of local bond initiatives to fund schools locally.[/quote]
What everyone fails to understand in their California Liberal Utopia fantasy is that although the prop 30 money may be “guaranteed” for schools, there is nothing preventing the state from shifting current education spending in the state budget to other things now that this measure passed.
Which will likely result in no net change or an actual decrease in education spending as this shift occurs.
meadandale
Participant[quote=paramount][quote=meadandale]Showing as $95.99 for me…:([/quote]
88.99 for me – are you using a mac or ipad?[/quote]
Laptop…Ubuntu
meadandale
ParticipantShowing as $95.99 for me…:(
meadandale
Participant[quote=Blogstar]I compost tons, literally. No worms… except as provided by nature. Works fine.[/quote]
Yep. I have a ton of red worms in my compost bin.
meadandale
ParticipantConsidering I paid almost $500 for my galaxy nexus…$250 for a tablet is incredibly cheap.
meadandale
Participant[quote=ltsdd]I think OP’s real question is – is the neighbor responsible for the damage being wreaked by their tree/roots?[/quote]
I remember seeing something on the news or in Piggington recently about trees that fall over during storms and damage the neighbors property. In those cases, the property owner whose yard the tree was growing in has no liability or at least the responsibility to fix the damage is with the insurance of the affected party not the party that owns the tree.
meadandale
ParticipantMaybe you could enjoy it with a cigarette while sipping a raw milk…you can take the left overs home in a plastic bag.
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