ChesusRice
Well-Known Member
And the tax on capital gains is?
Nothing. Again you vote for a tax increase for yourself while giving the rich a huge break
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- Thread starter ChesusRice
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Nothing. Again you vote for a tax increase for yourself while giving the rich a huge break
NLXSK1
Well-Known Member
What are capital gains? They are returns from an investment... What is an investment??
An investment means you are giving your money to someone else and risking losing that money in return for hopefully making money instead of losing it.
The money that you are giving to someone else is used to buy equipment and hire people. If the venture is successful then the investor makes a profit.
So, if someone has money from capital gains it means he used his own money to stimulate the economy. That money didnt sit in a bank, it was used to purchase things and the tax would be applied. Or it would be used to pay people who would use that money to buy things and the tax would be applied. The company making a product or service will be charging taxes for their product and the government will be receiving those taxes.
Why are capital gains evil again??
ChesusRice
Well-Known Member
Because capital gains are income and the rich don't want to pay taxes on their income like us little folk?
And they rely on idiots like you to advocate for them, even though it will save them money and cost you more?
And they rely on idiots like you to advocate for them, even though it will save them money and cost you more?
ChesusRice
Well-Known Member
Hey straw man, what's the taxes on gambling at the casino, is it taxed at the income rate or the capital gains rate?
Depends on your income.
BTW Capital gains tax is more than zero.
Dummy.
http://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States
ChesusRice
Well-Known Member
Not under the proposed flat tax or consumption tax.
Why do you think rich fucks like Steve Forbes want it?
Cause he's tired of supporting a bunch of lazy fucks, right?
ChesusRice
Well-Known Member
I'm at work. You live with your parents and don't have a job
NLXSK1
Well-Known Member
I am advocating a system where nobody pays taxes on their income.
NLXSK1
Well-Known Member
Chesus,
Let me offer you a theoretical deal. I am going to make you a millionaire. I am going to put 1 million dollars in your bank account and you can run around and tell everyone you are a millionaire and show everyone you are a millionaire and you will be rich!!
There is one catch. You cannot spend any of the money. Why? BECAUSE YOU WOULD HAVE TO PAY TAX ON IT!!!
So, no spending any of it because we dont want the government to have any...
Do you see a flaw in your logic yet?
Let me offer you a theoretical deal. I am going to make you a millionaire. I am going to put 1 million dollars in your bank account and you can run around and tell everyone you are a millionaire and show everyone you are a millionaire and you will be rich!!
There is one catch. You cannot spend any of the money. Why? BECAUSE YOU WOULD HAVE TO PAY TAX ON IT!!!
So, no spending any of it because we dont want the government to have any...
Do you see a flaw in your logic yet?
ChesusRice
Well-Known Member
Mitt Romney loves you.
NLXSK1
Well-Known Member
Do you like paying taxes on your income? I sure dont...
Mitt Romney would have to have paid taxes on his horse, and it's feed and on his dog and the kennel that rode on top of the car, etc...
UncleBuck
Well-Known Member
you are an idiot.
n = income
as n --->
as n ---> 0, tax rate ---> 100%.
this is a mathematical truth that cannot be escaped.
thanks for trying to play, kiddo.
UncleBuck
Well-Known Member
you were literally just arguing against the equal protection clause in another thread 2 minutes ago.
what a two faced little weasel you are.
UncleBuck
Well-Known Member
no, that's clearly you.
you are so low on the pole that barbers and lawn mowers make more money than you for their services.
i'd be envious as fuck of anyone doing anything if i had to service a dozen dudes daily for $20 each.
ChesusRice
Well-Known Member
I make money. I probably make a lot more than you.
Envious? No i am pissed off that fucks like Romney pay less in percentage for taxes than I do. I am pissed off that stupid ass idiots like yourself try to fuck over the middle class every chance you get becuase you cant think for yourself.
Your Flat or consumption tax is regressive, It will affect folks like me the most while taking even more of the load off those that can afford it. You pine for the "good ole days" Well buddy in the "good ole days" Taxes were higher than they are now.
NLXSK1
Well-Known Member
Your logic is totally fucked... First of all, in my equation income is simply not a factor we are only talking about spending.you are an idiot.
n = income
as n --->, tax rate ---> 0%.
as n ---> 0, tax rate ---> 100%.
this is a mathematical truth that cannot be escaped.
thanks for trying to play, kiddo.
Person spends 1,000,000 tax 20% = 200,000 = 20%
Person spends 1.00 tax 20% = 20 cents = 20%
NLXSK1
Well-Known Member
I am not pining for the good old days I am asking things to change.
I dont think the government has a right to know how much I make in income, you have no problem with it.
I dont think the government should punish success by progressive tax brackets, you dont think the government confiscates enough.
I think the government should get the hell out of my life you want to keep it illegal to sell weed.
Which one of us is for bigger government? LOL!