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Old 11-18-2012, 07:58 AM
 
9,639 posts, read 6,020,664 times
Reputation: 8567

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Quote:
Originally Posted by irish_bob View Post
how much do ameircan investors currently pay in capital gains tax ?
0%-35%. Depending on bracket and short/long term.

Next year set to change to 8%-39.6%. (The "Fiscal Cliff")
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Old 11-18-2012, 09:08 AM
 
Location: Great State of Texas
86,052 posts, read 84,509,263 times
Reputation: 27720
Quote:
Originally Posted by Jesse69 View Post
I don't like Republicans because all they want is tax cuts for the rich and to weaken Social Security and Medicare. They are harsh on the Middle class and poor, so I voted all democrat on my ballot.

The only Republican I liked was Ronald Reagan.
Do you realize that the "Bush cuts" that the middle class want saved were put in place by Bush who was a Republican President ?

Kinda ironic that the Dems want a Republican law kept in place for part of Americans don't ya think ?
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Old 11-18-2012, 09:16 AM
 
9,639 posts, read 6,020,664 times
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Quote:
Originally Posted by HappyTexan View Post
Do you realize that the "Bush cuts" that the middle class want saved were put in place by Bush who was a Republican President ?

Kinda ironic that the Dems want a Republican law kept in place for part of Americans don't ya think ?
Well...

That's a case of giving the dogs a little bone so they'll be content. The real tax breaks were still for the higher ups.
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Old 11-18-2012, 10:29 PM
 
Location: Chicago
5,559 posts, read 4,630,780 times
Reputation: 2202
Before anyone sheds a tear for the wealthy, let's take a peak at how they have been doing:

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Old 11-19-2012, 01:02 AM
 
Location: None of your business
5,466 posts, read 4,424,382 times
Reputation: 1179
Quote:
Originally Posted by richrf View Post
Before anyone sheds a tear for the wealthy, let's take a peak at how they have been doing:
richrf, so what you are saying is that we should bunch all the rich together right. From $250K to billionaires. That's quite a spread to think they all did this well. Obama is not going to hurt the uber rich but he is going to kill the lower end people. So should I bunch all poor people and say they all do pretty good themselves because they don't have to work for their money?
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Old 11-19-2012, 01:03 AM
 
24,409 posts, read 26,971,175 times
Reputation: 19987
Quote:
Originally Posted by richrf View Post
Before anyone sheds a tear for the wealthy, let's take a peak at how they have been doing:
More people BECAME millionaires during Obama than 8 years with Bush.
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Old 11-19-2012, 01:07 AM
 
Location: None of your business
5,466 posts, read 4,424,382 times
Reputation: 1179
Quote:
Originally Posted by bmw335xi View Post
More people BECAME millionaires during Obama than 8 years with Bush.
Wish I were one of them. I was on my way but Obama is going to kill that. Oh well, so much for that dream.
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Old 11-19-2012, 01:18 AM
 
24,409 posts, read 26,971,175 times
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Quote:
Originally Posted by eRayP View Post
Wish I were one of them. I was on my way but Obama is going to kill that. Oh well, so much for that dream.
How is he going to kill it?
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Old 11-19-2012, 07:13 AM
 
7,855 posts, read 10,293,195 times
Reputation: 5615
Quote:
Originally Posted by LordSquidworth View Post
0%-35%. Depending on bracket and short/long term.

Next year set to change to 8%-39.6%. (The "Fiscal Cliff")
i see , its 30% across the board over here , dividends are treated as income so if your in the high income tax bracket , thats what you pay on dividends , no specific dividend tax
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Old 11-19-2012, 08:04 AM
 
Location: Chicago
5,559 posts, read 4,630,780 times
Reputation: 2202
Yes, Obama's giveaways to the banks and large corporations were a huge boom to the ultra-rich. Wasteful government spending (whether it be wars, healthcare programs, unnecessary programs of all sorts) are the mother's milk for the ultra-rich. The politicians funnel the money to them and they get hugely wealthy without even have to deliver much.
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