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Old 01-28-2012, 04:58 PM
 
Location: Silver Springs, FL
23,440 posts, read 31,657,270 times
Reputation: 15560

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Quote:
Originally Posted by mackinac81 View Post
Boy, these people are a piece of work, aren't they?
Yep, got their knockers in a twist yet again over something that they cant do a damn thing about, and despite all the faux chest-beating, will be on to the next thing next week.
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Old 01-28-2012, 05:57 PM
 
Location: Chicagoland
41,314 posts, read 39,536,416 times
Reputation: 7107
Quote:
Originally Posted by kshe95girl View Post
Yep, got their knockers in a twist yet again over something that they cant do a damn thing about, and despite all the faux chest-beating, will be on to the next thing next week.
Well, I'm hoping the media does it's JOB by asking obama to prove what he says is true.

They haven't done that in a while.
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Old 01-28-2012, 06:07 PM
 
Location: Silver Springs, FL
23,440 posts, read 31,657,270 times
Reputation: 15560
Quote:
Originally Posted by sanrene View Post
Well, I'm hoping the media does it's JOB by asking obama to prove what he says is true.

They haven't done that in a while.
Dont have a cow if they dont.
Not worth the agita.
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Old 01-28-2012, 06:12 PM
 
27,903 posts, read 34,375,707 times
Reputation: 4031
Quote:
Year - 1978
Top Capital Gains Rate(%) - 48
Initial Public Offerings - 42
Dollars Raised (millions) - 247
Commitments to Venture Capitalists (millions) - 980

Year - 1986
Top Capital Gains Rate(%) - 20
Initial Public Offerings - 953
Dollars Raised (millions) - 19260
Commitments to Venture Capitalists (millions) - 4560
Capital Gains Taxes: The Concise Encyclopedia of Economics | Library of Economics and Liberty
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Old 01-28-2012, 06:15 PM
 
27,903 posts, read 34,375,707 times
Reputation: 4031
Quote:
Year - 1969
Top Capital Gains Rate(%) - 27
Initial Public Offerings - 780
Dollars Raised (millions) - 2605
Commitments to Venture Capitalists (millions) - 506

Year - 1976
Top Capital Gains Rate(%) - 49
Initial Public Offerings - 34
Dollars Raised (millions) - 237
Commitments to Venture Capitalists (millions) - 93
Capital Gains Taxes: The Concise Encyclopedia of Economics | Library of Economics and Liberty
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Old 01-28-2012, 09:35 PM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,899 posts, read 15,862,911 times
Reputation: 6453
Quote:
Originally Posted by sanrene View Post
Well, that's right. If obama and buffet are going to trot out his secretary's tax rate to make their point about the "unfairness" of the world, we need some proof....he lies, exaggerates and misleads with abandon.

You hit the nail on the head with this one: Exactly if she is truly going to be used as the example sort to speak. And hav everyone feeling pity and crying over her. Then show us proof, what is wrong with that.

If for real she is being treated so unfarily. and being made the example, then please show us the proof. Nothing wrong with that.
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Old 01-28-2012, 09:48 PM
 
Location: Silver Springs, FL
23,440 posts, read 31,657,270 times
Reputation: 15560
Quote:
Originally Posted by california-jewel View Post
You hit the nail on the head with this one: Exactly if she is truly going to be used as the example sort to speak. And hav everyone feeling pity and crying over her. Then show us proof, what is wrong with that.

If for real she is being treated so unfarily. and being made the example, then please show us the proof. Nothing wrong with that.
Whos crying over her?
I havent seen one shred of that anywhere.
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Old 01-28-2012, 09:53 PM
 
Location: Chicagoland
41,314 posts, read 39,536,416 times
Reputation: 7107
Quote:
Originally Posted by kshe95girl View Post
Whos crying over her?
I havent seen one shred of that anywhere.
Obama's favorite billionaire is complaining about the "criticisms". I don't see any criticism, just asking for some proof of what they say is true.
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Old 01-28-2012, 09:58 PM
 
Location: Silver Springs, FL
23,440 posts, read 31,657,270 times
Reputation: 15560
Quote:
Originally Posted by sanrene View Post
Obama's favorite billionaire is complaining about the "criticisms". I don't see any criticism, just asking for some proof of what they say is true.
Of course you wouldnt see any criticism.
And I wouldn't exactly term what you have been saying in this thread as "just asking for proof".
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Old 01-28-2012, 11:09 PM
 
Location: 15 months till retirement and I can leave the hell hole of New Yakistan
25,249 posts, read 13,992,732 times
Reputation: 6469
Quote:
Originally Posted by mb1547 View Post
............. I thought the discussion was about her tax rate vs. Buffets--that's he's a billionaire, and he pays way less of a percent of his income than she does. I pay a whole lot higher percent of my income in taxes than Buffet does too . .............. I guarantee she pays a higher percent than Buffet, because he lives off of capital gains. .
buffet lied and obama was stupid enough to belive him and continue the lie

he said his secretary pays 30% in federal taxes....that's a lie

FACT: making 60k (which is what buffet himself says she makes) puts her in the 15% bracket..and that's based on her ENTIRE 60k being taxed..and we ALL KNOW that is never the case...even single you have the personal exemption, and the standard deduction

buffets states he gets taxed at 17% and that is less than his secretary...fact that is a LIE

there is no disbuting that fact


other FACTS:we're talking about a married secretary, with a stay-at-home spouse. They file jointly, pay a home mortgage and have two kids under the age of 17. They place about $4,000-$6000 in an IRA/401k and itemize about $15,000(just slightly over the standard deduction of 12k) in deductions. Here the tax picture changes dramatically. Taxable income drops to $27,800 --still the 15 percent tax bracket. With child tax credits, secretary now pays $1,419 in federal taxes, or 2.4 percent of $60,000. , with the nergy credit, the 401k credit, the health care cost credit, and the makework credit. it brings her to a NEGATIVE tax burden

meanwhile buffett paid over 8 million in taxes
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