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Yes, it is. That net still includes the business. Your point?
Seriously, have you ever owned a business or worked as an independent contractor being responsible for your own taxes rather than just filing a 1040 based on a paycheck alone? Doesn't appear like it from your postings.
Yes, it is. That net still includes the business. Your point?
Seriously, have you ever owned a business or worked as an independent contractor being responsible for your own taxes rather than just filing a 1040 based on a paycheck alone? Doesn't appear like it from your postings.
Capital gains is income to everyone and everyone gets taxed on it already. No one stops anyone from investing and letting their money work for them while they are simultaneously working for their money. This money is invested, allowing municipalities and business alike the cash flow to expand and improve. Do you believe people should be punished for investing in the USA? Really?
Really grasping for straws. You need to educate yourself MUCH better instead of spewing liberal hate speech. Seriously.
Have you ever been an average income American (98% of us) that makes under 250,000$ net ?
FACT #1: The Obama Plan Provides Generous Tax Cuts for Almost All American Families – and will not raise any tax rate on families making less than $250,000 per year, period! The Obama plan maintains
the existing marginal tax rates for every family making less than $250,000 – and single people making less than
$200,000—while offering thousands of dollars in new tax cuts for saving, education, mortgage costs, and
childcare, as well as up to $1000 per family to make work pay. Under the Obama plan, the typical family will
pay tax rates that are 20% lower than they faced under President Reagan. Any and all charges that Obama would raise rates on capital gains, dividends, income, savings and so on for the approximately 98% of American families making less than $250,000 are simply not true. For details click here.
You cannot be serious! No, I'm not going to spoon feed you basic knowledge one should have as a literate and functioning adult in the USA . Go to your local public library. Sheeze!
Really angers me that people like you vote and take my tax dollars to re-distribute.
You cannot be serious! No, I'm not going to spoon feed you basic knowledge one should have as a literate and functioning adult in the USA . Go to your local public library. Sheeze!
Really angers me that people like you vote and take my tax dollars to re-distribute.
ok, so you cannot explain net and gross. This explains a lot
Now, do you really want to claim that one man - who doesn't even WRITE the laws, has THAT MUCH control over who earns what in this country?
Are you REALLY trying to make that argument?
Well, any idiot knows that the Tech Bubble was precisely that: A bubble. The share prices were inflated so far beyond the worth of internet companies that only a halfwit would have held onto those stocks. The fact that you actually referred to it as the Tech Bubble without any awareness means that you have no idea what a bubble is.
On to the housing crisis. Yeah, Bush should have put a stop to the government underwriting of mortgages with Fannie Mae, FHA, and Freddie Mac. But he didn't.
But given that Bush had butkus to do with the Federal Reserve's decisions to push interest rates to practically zero, thereby creating runaway lending and home valuations, your argument holds no water. The President has no control over the Fed.
That being said, it says a lot more about Obama that he made Geithner the Secretary of the Treasury, particularly since Geithner was the President of the NY Federal Reserve, and blithely stood by and watched the big banks screw the pooch.
Well, any idiot knows that the Tech Bubble was precisely that: A bubble. The share prices were inflated so far beyond the worth of internet companies that only a halfwit would have held onto those stocks. The fact that you actually referred to it as the Tech Bubble without any awareness means that you have no idea what a bubble is.
On to the housing crisis. Yeah, Bush should have put a stop to the government underwriting of mortgages with Fannie Mae, FHA, and Freddie Mac. But he didn't.
But given that Bush had butkus to do with the Federal Reserve's decisions to push interest rates to practically zero, thereby creating runaway lending and home valuations, your argument holds no water. The President has no control over the Fed.
That being said, it says a lot more about Obama that he made Geithner the Secretary of the Treasury, particularly since Geithner was the President of the NY Federal Reserve, and blithely stood by and watched the big banks screw the pooch.
You so completely missed Jazzy's post and what I was saying in response...
Whatever. Next time, pay attention a bit more.
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