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Old 08-24-2015, 03:43 PM
 
Location: Houston
22,495 posts, read 11,584,513 times
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Over 150K has trickled down into my 401K since 2008 due to capital gains and dividend payments. This is money that is not commonly measured in the income statistics. Over 50% of Americans have investments in stocks and bonds.
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Old 08-24-2015, 03:45 PM
 
Location: US
17,919 posts, read 17,818,949 times
Reputation: 13930
Quote:
Originally Posted by whogo View Post
Over 150K has trickled down into my 401K since 2008 due to capital gains and dividend payments. This is money that is not commonly measured in the income statistics. Over 50% of Americans have investments in stocks and bonds.
I support no tax on capital gains.
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Old 08-24-2015, 03:47 PM
 
Location: US
17,919 posts, read 17,818,949 times
Reputation: 13930
Quote:
Originally Posted by pknopp View Post
He knows their positions and what they are likely to do before he ever appoints them. Besides, Bernanke had already been an epic failure at the job.

Obama DID NOT have to extend Bush's tax cuts either.
The GOP lef Congress said they wouldn't extend tax cuts unless it included the top. Obama wanted to extend the cuts for the middle class and poor, but allow the tax cuts for the wealthy to expire. So essentially, the GOO held the middle class hostage for the top 2%.
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Old 08-24-2015, 03:49 PM
 
78,796 posts, read 33,515,967 times
Reputation: 15779
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Originally Posted by bmw335xi View Post
I support no tax on capital gains.
And yet you complain about the rising wealth inequality?
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Old 08-24-2015, 03:52 PM
 
78,796 posts, read 33,515,967 times
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Quote:
Originally Posted by bmw335xi View Post
The GOP lef Congress said they wouldn't extend tax cuts unless it included the top. Obama wanted to extend the cuts for the middle class and poor, but allow the tax cuts for the wealthy to expire. So essentially, the GOO held the middle class hostage for the top 2%.
Obama didn't have to extend the Bush tax cuts. What part of his constituency exactly so you think would have abandoned him over saying no?

And just above you are calling for even more tax.cuts.that will mostly help the upper classes.

It's why its so hard to take someone like yourself so seriously. Your only principled positions are party and yourself.
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Old 08-24-2015, 04:03 PM
 
Location: north central Ohio
8,422 posts, read 4,360,882 times
Reputation: 4976
Quote:
Originally Posted by bmw335xi View Post
If taxes are at some of their lowest levels in history, and the wealthiest in this country are richer than ever, why hasn’t the growth in the wealth of the middle class matched that of the top 2%?

#Exposing Republican Lies#
Because the "trickle down theory" is nothing but Republican BS! Those greedy penny pinchers aren't about to turn loose of one red cent if they can help it.

That's why they love their tax shelters so much.
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Old 08-24-2015, 04:05 PM
 
Location: US
17,919 posts, read 17,818,949 times
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lol pknopp it's hopeless talking to you, you will never see past yourself. Best of luck lol
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Old 08-24-2015, 04:05 PM
 
78,796 posts, read 33,515,967 times
Reputation: 15779
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Originally Posted by i_love_autumn View Post
Because the "trickle down theory" is nothing but Republican BS! Those greedy penny pinchers aren't about to turn loose of one red cent if they can help it.

That's why they love their tax shelters so much.
BMW just argued that the tax many of the rich pay should be completely done away with.

In that scenario, Warren Buffet wouldn't get by with low taxes, he would get by with no taxes.
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Old 08-24-2015, 04:06 PM
 
Location: US
17,919 posts, read 17,818,949 times
Reputation: 13930
Quote:
Originally Posted by i_love_autumn View Post
Because the "trickle down theory" is nothing but Republican BS! Those greedy penny pinchers aren't about to turn loose of one red cent if they can help it.

That's why they love their tax shelters so much.
They protect the wealthy and largest corporations but couldn't care less about the middle class or small business owner.
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Old 08-24-2015, 04:06 PM
 
78,796 posts, read 33,515,967 times
Reputation: 15779
Quote:
Originally Posted by bmw335xi View Post
lol pknopp it's hopeless talking to you, you will never see past yourself. Best of luck lol
Yeah I didn't figure you would own up to your hypocritical views.
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