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Old 11-18-2017, 11:24 AM
 
698 posts, read 567,826 times
Reputation: 864

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Quote:
Originally Posted by Larry Caldwell View Post
Anyone who thinks job creators are taxed at a high rate have never owned a business or filed a Schedule SE.
Jobs are created by demand. No serious business owner would expand payrolls if he did not believe that there was unmet demand in a market somewhere that his company could profit from moving to meet.

 
Old 11-18-2017, 11:28 AM
 
698 posts, read 567,826 times
Reputation: 864
Quote:
Originally Posted by City Guy997S View Post
Did you bother to read the article? When it says "Instead, this money is lining the pockets of a few crooked convenience store clerks," it is noting what you were unable to -- that by far the largest part of what fraud does exist in SNAP is perpetrated by participating merchants.
 
Old 11-18-2017, 11:37 AM
 
Location: Sunshine Coast, QLD
3,674 posts, read 3,034,970 times
Reputation: 5466
Quote:
Originally Posted by NCN View Post
Another ignorant post. Hispanics have many different skin colors. Yours is a rant of a person who has no clue who I am and assumption of many wrong things. I am probably more educated than you are and I certainly am less prejudiced than you. The more I read the posts outside the South the more I am convinced most southerners are a cut above the average American.
After living a decade in the Amercian South (MS, TN, KY, OK, NC)-your last line caused me to spit my water all over my ketboard with laughter!! you just keep telling yourself that. The only thing I dislike more than SJW are illegals, but your last line was a hoot!!
 
Old 11-18-2017, 12:45 PM
 
10,743 posts, read 5,668,616 times
Reputation: 10868
Quote:
Originally Posted by VendorDude View Post
Did you bother to read the article? When it says "Instead, this money is lining the pockets of a few crooked convenience store clerks," it is noting what you were unable to -- that by far the largest part of what fraud does exist in SNAP is perpetrated by participating merchants.
Every ebt card bought by by a convenience store clerk for $.50 on the dollar was sold to the clerk by someone on the SNAP program. The fraud is shared equally.
 
Old 11-18-2017, 02:57 PM
 
1,353 posts, read 789,266 times
Reputation: 835
Quote:
Originally Posted by finalmove View Post
Sorry you had to do all the typing. Socialism/Communism are the enemies of Freedom. Not going to happen here.
The resistance is just beginning and will stop at nothing.
Again, we are 0.25 socialistic already.
In 2016 IRS collected 1/4 of GDP.
 
Old 11-18-2017, 04:00 PM
 
37,315 posts, read 59,869,570 times
Reputation: 25341
Quote:
Originally Posted by Electrician4you View Post
You're paying for the use of a property by renting it. That's it. Period

What the LL does with the money isn't your problem. The LL pays his taxes fees etc. he pays those taxes regardless of a renter occupying the property. The LL is going to charge the most he can as long as the market supports the rent amount. He's not going to drop the rent price because all of the sudden taxes got lower

Wherever do you get the idea that the world owes the poor something. You dont want to get soaked renting n .Michigan? Don't be a renter in Michigan
The person letting out the property doesn't set the tax rate--
The school district/county authorities do that--
Are they elected officials or just employees of the county/ISD?
Who decided on that tax proportionality???

In my state (TX) the taxing authorities set the appraisal valuations of various properties--and the tax rate sometimes requires to be validated by vote of the county residents if it goes above a set rate/ratio
But there rules for valuation and in subdivisions where there are rental and owner occupied properties I don't think there is a higher rate specific to rental properties vs Owner Occupied--they are all residential properties--even if owned by an LLC for a business investment...
We own a home in Victoria that we rent to my husband's sister--we don't have a different tax rate than the house next to that one which is owner occupied...

Sometimes the valuation goes up because of the number of times a property has been sold and seen a market driven price appreciation which is reflected in valuation...
But the TAX RATE doesn't change for that house vs its neighbors...

Apartments are multi-dweller/commercial so they have different rate
Frankly I have not checked to see what the difference is between apartment rates in general and residential rates...
 
Old 11-18-2017, 04:01 PM
 
6,438 posts, read 6,917,875 times
Reputation: 8743
Quote:
Originally Posted by JONOV View Post
There is a problem when Mitt Romney pays a lower tax rate than his secretary. I think it’s messed up that a PA earning $100K in a hospital pays a much higher tax rate than a retired person that’s stewarded his finances and has a $2MM nest egg.
In your example, Romney and the retiree with $2 million have already paid income tax on what they earned and they are just spending what they have saved. Do you think they should pay tax on it again? How many times should the same income be taxed?
 
Old 11-18-2017, 04:25 PM
 
Location: SoFlo
981 posts, read 899,716 times
Reputation: 1845
Quote:
Originally Posted by Larry Siegel View Post
In your example, Romney and the retiree with $2 million have already paid income tax on what they earned and they are just spending what they have saved. Do you think they should pay tax on it again? How many times should the same income be taxed?
Also, most of the income that people like Romney and Buffett make is from stock investments, which are not taxed in the same way as income tax. And it shouldn’t be as stock investment carries a lot of risk, with as much potential downside as upside. Of course the government will tax you on every penny of gain you make, but you can write off very little of a stock loss.
 
Old 11-18-2017, 04:43 PM
 
18,802 posts, read 8,469,715 times
Reputation: 4130
Quote:
Originally Posted by klaucka View Post
Also, most of the income that people like Romney and Buffett make is from stock investments, which are not taxed in the same way as income tax. And it shouldn’t be as stock investment carries a lot of risk, with as much potential downside as upside. Of course the government will tax you on every penny of gain you make, but you can write off very little of a stock loss.
Of course you can write off stock losses.

It is much easier making money with money than working for it, or by taking the risk with creating new business. And this is why we will continue to see more inequality, with progressive gains toward the rich.

Taxes should always be lower for everyone. Especially the working middle class. I would not raise capital gains taxes, I would lower those income taxes.
 
Old 11-18-2017, 04:58 PM
 
33,016 posts, read 27,455,098 times
Reputation: 9074
Quote:
Originally Posted by loves2read View Post
The person letting out the property doesn't set the tax rate--
The school district/county authorities do that--
Are they elected officials or just employees of the county/ISD?
Who decided on that tax proportionality???

In my state (TX) the taxing authorities set the appraisal valuations of various properties--and the tax rate sometimes requires to be validated by vote of the county residents if it goes above a set rate/ratio
But there rules for valuation and in subdivisions where there are rental and owner occupied properties I don't think there is a higher rate specific to rental properties vs Owner Occupied--they are all residential properties--even if owned by an LLC for a business investment...
We own a home in Victoria that we rent to my husband's sister--we don't have a different tax rate than the house next to that one which is owner occupied...

Sometimes the valuation goes up because of the number of times a property has been sold and seen a market driven price appreciation which is reflected in valuation...
But the TAX RATE doesn't change for that house vs its neighbors...

Apartments are multi-dweller/commercial so they have different rate
Frankly I have not checked to see what the difference is between apartment rates in general and residential rates...

Apartment buildings are often classified for property tax purposes as commercial - higher tax rate - if they have more than four units.

In many states, owner-occupied homes enjoy a "homestead exemption" which afford them a lower tax rate than rental property.

Rooming houses are multi-dweller, so by your reasoning they should be taxed at a higher rate.
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