Why have capital gains taxes? To pay tax on the inflation government creates. It is an assets tax. No more Schedule D.
peter schiff jim rogers max keiser karl denninger bill still marc faber economy economics stocks bonds investments schittreport reagan clinton obama
Did you know that ... By: TaxPlanGroup. on 24 Feb 12, 08:24:25 Did you know that if you are self employed, there are deductions you may benefit from? to help offset some expenses associated with your business? Find out more about these at Win an iPad3 with The Tax Plan Group Video
Why would I? not ... By: Lieu3C4. on 18 Jan 12, 18:51:48 Why would I? not want to see overpaid corporate executives and their near associates pay to support by way of taxation and redistribution the very majority of people they would exploit to the point of enslavement were it possible and allow them to take on the role that King George and his near associates played in the 1700s? Because that redistribution would see the money go directly back to the corporate executives? Maybe.
After a couple week ... By: pirucreek. on 27 Mar 11, 21:36:24 After a couple week of pondering on this. We should end capital gains, corporate and dividend taxes, and all stock income should should be reported as a Schedule C - Business Income. If you have no taxpayer identification number, all your capital gains should be? considered a dividend and taxed at 30% or as tax treaties stipulate.
Say goodbye to? all ... By: nilbud. on 18 Mar 11, 07:45:40 Say goodbye to? all the capital in the US then.
The tax rate for ... By: pirucreek. on 14 Mar 11, 05:59:41 The tax rate for goog has never been less than 20% for the last 10 years (google goog ten year summary). GOOG is part of the NASDAQ, in 2000 the NASDAQ was near 5000, today it is about 2700. So if you? held a NASDAQ index with google in it, not only would you have lost money, you would pay tax on those losses. The sad part is those earnings taxes were wasted on public sector unions and defense. We need to end corporation tax imho, thus Gates will have to pay cap tax on his income
No corporation ... By: harj2009. on 14 Mar 11, 05:51:03 No corporation pays? 39 percent tax google pays 2
Another option ... By: pirucreek. on 10 Mar 11, 00:57:15 Another option might be to end corporate tax, and allow capital gains and dividend to be taxed as? income. Foreigners must pay 50% tax on dividends and capital gains.
Ending capital ... By: pirucreek. on 14 Feb 11, 00:21:50 Ending capital gains taxes is also the same as competing currencies Ron? Paul always talks about.
There is another ... By: pirucreek. on 10 Feb 11, 07:58:48 There is another benefit of ending IRAs and 401(k)s. Is all that money won't be locked up. Most of it is psychological. If the money is regular bank or brokerage account you will be more likely to invest or spend that money. Which should put the economy on steroids. Also not having these accounts will help income tax receipts. As some of these dodges are huge? like 50% of your business income.
The money you save ... By: pirucreek. on 07 Feb 11, 23:23:57 The money you save forcing foreigners to pay higher corporate taxes, the elimination of paperwork and ira/retirement accounts, and the elimination of tax dodges will easily make it revenue neutral. And for the congressperson bookworm, I think you should also allow corps to get a 10% deduction for dividends paid from income to promote real earnings and allow the average investor to see the true colors of corporate? income to make sure earnings are real.
Ending the capital ... By: pirucreek. on 07 Feb 11, 23:19:46 Ending the capital gains tax, also means ending IRAs and tax dodges. When Cramer comes on t.v. and says he is doing for a charitable trust it could be a tax dodge to eliminate taxes. You can give your heirs a life insurance policy for the entire amount of the trust. you can? also open a overseas brokerage accoun and avoid CGs. It is so obvious ending the capital gain tax is the best thing you can do for business and Obama today asked for recommendations to help business and this is #1.
I think it would be ... By: pirucreek. on 07 Feb 11, 19:48:39 I think it would be better to end capital gains taxes and increase either the corporate rate from 35% to 36%, or possibly use inflation taxes to make up? the rest. However, I would much prefer to cut government. Jeremy Seigel has stated he thinks companies should be allowed to deduct dividends from income like they do with their debt interest. However, I believe ending the capital gains tax is the best options. Stock options would be still taxed 100% as they are given and redeemed as income.
Although a fan of Peter Schiff social security is not a ponzi scheme. It should be 100% pay as you go and that should be written in law. The stock market can never provide the money SSI does. Government workers may raid it for government $100,000 salaries.
it is a ponzi? ... By: orangedac. on 09 Nov 11, 02:59:52 it is a ponzi? scheme.
they have today reduced benefits and raised taxes on people collecting down the line.
this despite the fact that people paying in today are poorer than people collecting on the other end.
They do many live ... By: pirucreek. on 09 Apr 11, 21:50:02 They do many live in the moment and when? they hit 65 let them die? Investing in stocks, if retirees owned 100% of the stock market, it would not be as much as SSI. Why own anyways when you are going to die. Insurance is the best way to fund old age, like a reverse mortgage. I do believe medicare should be ended and added to your SSI check.
There will always be constant spending as long as you need to eat.
Unless you think ... By: smb12321. on 09 Apr 11, 10:37:32 Unless you think folks desperately need the State to take their money (vs saving) then I see no need for SS. Salaries rank near the bottom on causes of the recession. The real? culprit is the rise of an axis of politicians & "financiers" who make money without producing goods or services.
Saving is devalued since our economy depends on constant spending (and debt). If we stressed saving like drugs, the environment, education or seat belts this would be a different nation.
You say let the ... By: pirucreek. on 05 Apr 11, 03:13:06 You say let the private market run SSI. Did you see what happened to AIG, Moodys, GS ... Private firms are just going to load up on salaries.? They have the moral hazard of running it. Most retirees if they invested in the stock market would lose it all or see it stolen. SSI basically forces young people to use 15% of their salary to help the elderly, to help those that helped their elderly. I am a fan of Milton Friedman, Peter Schiff, ... but on this issue imho they are wrong.
I say the premiums ... By: pirucreek. on 05 Apr 11, 03:06:46 I say the premiums are high enough. Presently payout is like 15.3 they probably could lower to 10% and uncap it. I can remember when it was? suppose to run out in 2000. In many ways a law saying you must use 15% of your income to buy gold, and when you hit 70 you have to buy a reverse mortgage on the gold is the same as SSI. Too any people live in the now they don't plan for the future and think they are going to live forever. SSI is forced insurance to keep people off the streets
Then let me ... By: smb12321. on 04 Apr 11, 23:09:55 Then let me rephrase it. If SS is insurance then its premiums are too low for promised payout. I hear all the time, "Well, we got enough until 2035" (I can remember when we had enough until 2100). The problem is two fold. 1) Contributors are rapidly becoming recipients. 2) The idea that no one pays for their own? "security" but it is funded collectively.
I agree on the gold standard, ending the fed, money supply, etc.
SS is insurance. ... By: pirucreek. on 03 Apr 11, 06:35:32 SS is insurance. 77% of 20 years old will make it to 70, 50% to 80, and 15% to 90. SS has never had to pull money from other taxes. In fact it contributed to much of the tax base? since 1980. Yes, as I said in another video we should end all debt. I would say go back to a gold standard but that is a waste of resources and you will have to hire government employees to watch the gold. End the fed, allow the government to increase money supply at population growth rate, end the nd.
The real issue is ... By: smb12321. on 02 Apr 11, 00:21:54 The real issue is not whether SS is a Ponzi Scheme. Of course it is - you get out much more than you put in / recipients are growing while contributors are shrinking. As politicians began promoting the idea that one could retire with SS the savings rate plummeted.
.
Now, the basis of our economy is not savings but consumption made possible by massive personal and governmental debt. ? That's the real sham.
75% of? people in ... By: pirucreek. on 27 Mar 11, 07:14:00 75% of? people in this country are incapable of saving. They act is if they can work forever and live in the moment. When you hit 65 and start getting checks you will see the value of this program everyone should have SS checks coming in, saving millions of elderly peoples lives. Also giving value to them.
S&P 500 earned $ ... By: pirucreek. on 27 Mar 11, 07:04:38 S&P 500 earned $545.1 billion in 2009, rising to $791.5 billion in 2010, expected to climb to $907.5 billion in 2011. In 2012 the 500 are collectively expected to earn $1.0308 Trillion. 35% of that will go to taxes and 75% of the stock market will always be owned by the rich. That leaves about $200 billion profit if retirees controlled 25% of the stock market. The payroll tax is about $900 billion. If people put this money in? the stock market they will only get about 1/5th the payroll tax
Yeah like, if you ... By: audiohi. on 01 Feb 11, 06:27:03 Yeah like, if you invest in gold or silver, the risk is that you'll definitely make money 2-3 years down the road.
Scary.?
thank you? for ... By: rojasrod. on 21 Jan 11, 23:57:30 thank you? for contributing
While phasing it ... By: bl782. on 21 Jan 11, 13:27:59 While phasing it out? for once and for all.
In a Government ... By: bl782. on 21 Jan 11, 13:24:03 In a Government Ponzi Scheme, the government fund can force parcipitation of the enitre population of its country.? It can raise the the age or limit you can acess entitled funds. It can raise the contributions from all citezens under its jurisdiction. It also has acess the through printing currency. All these options can keep social security funded with valueless dollars, for ever. or we cut the benefits for the rich, and other affluent so that those dependant get something at least.
In Private Ponzi ... By: bl782. on 21 Jan 11, 13:17:10 In Private Ponzi Scheme an individual can only use his,? a groups, or someone elses money pays returns to separate investors. Early investors, those who actually got paid the large returns, commonly reinvest their money. Then promoters try to minimize withdrawals by offering new plans to investors, often where money is frozen for a longer period of time, in exchange for higher returns & contributions. This helps gives the illusion to all other investors that the fund is solvent.
Unlike Social ... By: bl782. on 21 Jan 11, 13:09:00 Unlike Social Security, Bernie Maddoff could not force parcipitation of every living american. If he could imagine the scope and size of the losses for everyone just like the lives he touched. The moment ritiree to workers ratio is 1:1, it is the equivalent? of a ponzi scheme, as there is not enough people to participate making contributions without raising the ammount they contribute, or limit when you can recieve the sum of money entitled, or printing the difference.
Thirdly, ... By: bl782. on 21 Jan 11, 12:50:12 Thirdly, participation is compulsory, and currently we can only muster roughly 3 workers per beneficiary. Using govt statistic by 2020 this ratio will be 1:1 for every worker to retiree, and then negative there on out. Unlike Bernie Maddoff, could not force parcipitation of every living american. If he? could imagine the scope and size of the losses for everyone just like the lives he touched. The moment ritiree to workers ratio is 1:1, it is a ponzi scheme.
@bl782 SSI @ ... By: bl782. on 21 Jan 11, 12:33:28 @bl782 SSI @ pirucreek, when I when to school I was taught the by many teachers on the subject. First, there is no trust fund for each individuals contribution. The contributions are pooled together. Secondly,? the money in that pool has been spent so to pay ritirees of the babbyboomers they will have to sell competing with the treasury for buyers of US debt or roll it over and have the treasury pay them directly increasing the deficit. Thirdly, participation is compulsory,
My grandmother ... By: bl782. on 21 Jan 11, 12:21:29 My grandmother recieves two pensions one from her work which is private, and is denominated in forien currency, due to its being sold, and packaged. Unlike her government pension or SSI, she stands to risk all of her principal, in a default. However she will never have tow? worry like youre Aunt about default in SSI. To put it bluntly that is the problem, that she never has her benefits cut, that she receives nominally every dollar, and is valueless, and fails to keep up with cost of living.
Barney Frank, is ... By: Thagemini2. on 21 Jan 11, 02:29:41 Barney Frank, is that? you? LOL
... Oh, my mistake Mr. Bernanke. I didn't see your helicopter.
"why will you get ... By: erushbass. on 20 Jan 11, 21:29:13 "why will you get more than you paid in?"
"because the factories? and machines will be more efficient"
Shame there all in China.....
my point being that ... By: rojasrod. on 20 Jan 11, 21:20:54 my point being that the definition on Wikipedia is wrongly worded, it should say "from their own invested capital and not from profits? accrued by their investments"
"social security ... By: rojasrod. on 20 Jan 11, 21:14:46 "social security payments have always been openly underwritten by tax revenue" from Wickipedia as well?
you talk about ... By: rojasrod. on 20 Jan 11, 21:12:33 you talk about profits from investing and dividends, you make me laugh. They "invest" in treasuries which are redeemed with magically generated money from the federal reserve. Inflation of the money supply? is a form of taxation. So both the contributions and your so called "profits" and "dividends" are taxed.
if you read English ... By: rojasrod. on 20 Jan 11, 21:07:12 if you read English properly you will realize that when they say "from their own money" they don't mean that the investors and recipients are different people. You talk about profits, this is a fantasy, SSI has shown long term deficits for decades and almost? went broke in the 1980s, and had to be bailed out with taxpayer money outside from SS contributions.
We don't need anymore debt. We should stop robbing the bank accounts of the elderly and middle aged. Revenues should equal expenditures!!!!
Peter Schiff Bill Still Ron Rand Paul Karl Denninger schittreport Jim Rogers Warren Buffet CNBC Cramer Max Keiser Marc Faber bloomberg Mish exposethefrauds national debt clock
This is stupid
... By: hamberg42. on 03 Jan 12, 09:51:14 This is stupid
Just end the? fed
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We're raising over 10,000 petitions daily; Act now? to save our country!
To sign go to? persistenceforprosperity (dot) org
If you work? or ... By: pirucreek. on 18 Apr 11, 00:07:14 If you work? or live like 350 days in another country you can take a big tax deduction.
but if an American ... By: 3089280288. on 16 Apr 11, 20:37:15 but if an American individual earns income in China, income tax must be paid on that. I think that should stay over there too since this is the only country that makes its citizens pay? taxes on income outside the country. If it is a corp then that is not the case
If Mcdonalds earns ... By: pirucreek. on 15 Apr 11, 20:35:47 If Mcdonalds earns income? in China, that income should stay there. I also hear these guy saying corps are sitting on 2 trillion in cash, they are also sitting on 2 trillion in debt if not more.
no mention of ... By: 3089280288. on 14 Apr 11, 23:10:16 no mention of bringing in overseas taxes?
Thanks for your? ... By: pirucreek. on 06 Apr 11, 17:19:25 Thanks for your? comment, maybe I will try something new as oppose to robotic voice. I wonder if they shut government down if they will have to pay employees at a later date. I think if they shut it down for a 1-2-5 years, people will realize we don't really need it.
Shut down the ... By: ArizonaSean. on 06 Apr 11, 17:11:04 Shut down the government! That would save us a shitload of money.
I would like to learn? what you have to say, but I can't sit through the robotic voice stuff.
Raising the debt ... By: pirucreek. on 09 Jan 11, 08:51:09 Raising the debt ceiling does not hurt only those with debt as the shit in the schittreport want you to believe. It hurts the economy, savers,? stocks, cash holders, anyone with a few coins under the car seat.
Increasing the debt ... By: pirucreek. on 09 Jan 11, 01:10:28 Increasing the debt ceiling as bad for stocks too. Rising stocks due to inflation makes capital gains and it deficit induces stock options. Even though it does not create any value. Wasteful spending also hurts stocks on its own? merit.
Quantitative easing ... By: pirucreek. on 09 Jan 11, 00:07:42 Quantitative easing explained got 3 million views. I get many more views than many political sites. If? I do 100 videos I might get a webcam. I kind of like the cartoons.
dude i get it.but ... By: crabtrap. on 08 Jan 11, 08:19:32 dude i get it.but do you really think a computer voiced animation drooning on for 6 mins is going to hold anyones attention?do a web? cam if you have to but this animation stuff sucks. thank for not being a dick though
Just don't watch ... By: pirucreek. on 08 Jan 11, 05:06:32 Just don't watch anymore. You see the government takes your money, via inflation and you have no choice. ? Here you have choice. Private corporations gave you McDonalds, Bionic Arms, Fencing, Roof Tiles, Food, Leaf Blowers, ... Government via the debt ceiling takes money out of your stocks, out of your savings, out of everything you own and they spend 90% on themselves. Thank you for the response though.
i thumbs downed ... By: crabtrap. on 08 Jan 11, 04:10:43 i thumbs downed becuase this animation shit is fucking retarded not becuase of the message. find a new avenue?
Cartoon My 2nd reply to quantitative easing explained. More of a cartoon depicting role of government. Don't know how well it will flow as I did it over 3 days. Peter Schiff schittreport Jim Rogers Max Keiser Marc Faber Federal Reserve Karl Denninger Ron Paul Kucinich Pelosi Obama visionvictory
Thanks for the post ... By: pirucreek. on 20 Sep 11, 21:34:24 Thanks for the post I agree the fed should be ended and we go to full reserve banking with balanced budgets? creating a deflationary environment.
Yeah, I'd like to ... By: Emmie949. on 20 Sep 11, 16:18:51 Yeah, I'd like to print some money and loan it to everyone and collect the interest forever too.? Only problem is, I'd be arrested. That's what I suggest we do with the FED.
Pay? the fed the ... By: Emmie949. on 20 Sep 11, 16:17:27 Pay? the fed the 500 million they "gave" us originally, and get rid of the slime.
Did you know that ... By: TaxPlanGroup. on 24 Feb 12, 09:23:41 Did you know that even tax advice/consultant fees are deductible expenses? Take a look to this video " Win an iPad3 with The Tax Plan Group?? "
@MrAk47nut Actually ... By: pirucreek. on 01 May 11, 23:28:46 @MrAk47nut Actually after observing Jerry Brown.? I think I agree with you now. I remember when sales taxes were 6% in California and we had less of budget crisis. Now that it is 10% they say we need it. We need like a heart attack, we should cut taxes and spending. The goal should not be to maximize taxes, but to keep government as small as possible.
Your tax idea is ... By: aaasssfffdddiii. on 12 Mar 11, 19:34:20 Your tax idea is silly.? High taxes form a disincentive to work...
My latest video I? ... By: pirucreek. on 12 Feb 11, 23:47:58 My latest video I? think ending capital gains taxes will help rebuild savings. Today it is almost impossible to save. The government will take via inflation tax and give it to banks.
So in short,? ... By: EasyEs. on 11 Feb 11, 07:42:08 So in short,? rebuilding savings etc, will be very hard because the cost of turning many unqualified workers into productive workers, due to the hoops that employers need to jump through today, if they want to keep let alone fire a worker.
Combined with the high cost of navigating the regulatory maze, too much capital is wasted to bother taking the risk atm.
I would say you are ... By: EasyEs. on 11 Feb 11, 07:38:00 I would say you are right unemployment in the USA is as high as you think. The USA is stuck because what appears to? be a two decade long drift towards a political economy of Europe. New small and mid sized firms capital cost when it comes to expanding is to so high today when you factor in dealing with the tax and regulatory enviroment, the possible returns are not worth the risk of getting caught in that legal limbo.
Of the jobs available few are qualified to take it seems.
I am not entirely ... By: pirucreek. on 09 Feb 11, 20:44:00 I am not entirely convinced the low interest rates are entirely set by Bernanke. There is little demand for capital and even at 2% most could not pay it back. Also at 2% my as well buy stocks or bonds where you know you will be paid back. Low wages, high unemployment, and low interest usually occur together.? I have heard the true unemployment rate is 22%.
I can see the logic ... By: EasyEs. on 09 Feb 11, 16:45:30 I can see the logic behind this. However i don't know how it will work today. The USA had a monopoly on industrial capacity after ww2. Most would be competitors were rubble or top down statist economic basket cases Once Japan Germany Sweeden and S Korea got running the jig ws up. I do agree that the rich can pay? more taxes, low intrest rates just artificialy raises the net worth of people in finance etc. If intrest rates were not pushed so low I would probably change my stance on this.
Short script on why the role of government should not be to involved with employment or economy stimulation. peter schiff jim rogers marc faber max keiser
The issue (at least ... By: ihateneveen. on 26 Jul 11, 19:56:09 The issue (at least for ME) is not, that government? should help people, and try to stimulate the economy. The issue is to WHAT EXTENT should the government be involved. It's not no government, but what the SIZE of it should be. Limited government does not mean no government.
No responses?? By: pirucreek. on 15 Dec 10, 06:58:49 No responses??
Cartoon to show debt is not necessary! It hurts the economy. 2nd video in series after Reply to Quantitative Easing Explained. All banks should be full reserve banks, that don't make loans but charge fees.
Schools can have an agreement, that they will allow them a free education if they give them 10% of income taxes after they graduate.
You can still lose ... By: pirucreek. on 15 Apr 11, 20:40:20 You can still lose your? job, and then not be able to pay the monthly.
just leave out? ... By: 3089280288. on 14 Apr 11, 23:35:01 just leave out? interest
I also notice on ... By: pirucreek. on 09 Dec 10, 08:45:29 I also notice on the stock exchange there is a stock call NLY. Basically I think it is a a basket of mortgages grouped into a stock. Investors buy also buy securitized mortgages. However, I like the idea of insurance built into the? mortgage that if someone loses their job the foreclosure can be delayed. Or a home loan that involves percentage of income.
... By: neighborhoodgasman. on 29 Nov 10, 09:56:09 STEEEEEEELLLHOOUUUUUUUSSSEEEEEE?
I really do? like ... By: leavesofliberty. on 29 Nov 10, 02:24:48 I really do? like your perspective. You're aces in my book.
Well a loan is? a ... By: leavesofliberty. on 27 Nov 10, 18:42:17 Well a loan is? a statement of time preference. Those that prefer $100 today over $104 six months from now will invariably meet at an exchange with those that prefer it the other way around.
But, our legal system is a joke, and the loans we're induced to make in today's world are a joke too. Still have some tuition debt to pay.
Fight the power STEELEHOUSE!
Thanks for the ... By: pirucreek. on 27 Nov 10, 07:52:30 Thanks for the reply. The loans would be replaced by agreements. The thing about agreements. Is the government is not involved except for lawsuits. And example of an agreement an investment bank sells a home to Judy for $100,000. Judy is under contract to give 10 percent of her salary for life to pay the loan back. Today Fannie Mae insures most loans and they insure the bank deposits. Basically it is a license to steal. It does not help? honest people in any way
steelhouse, I ... By: leavesofliberty. on 26 Nov 10, 06:06:22 steelhouse, I appreciate that you're pointing out the ridiculousness of the loan-based system. but, banning loans violates free market principles (which? I admit do not exist in today's world) and is impossible. I suppose service from loan sharks would improve from the competition though. END THE FED ftw!
Sounds like a good ... By: tomcollinspoker. on 23 Nov 10, 20:42:36 Sounds like a good plan where I get a job and then quit once I? get my free house.
I wish I added you ... By: pirucreek. on 23 Nov 10, 17:37:58 I wish I added you can? buy a home where you own the property and you pay 10% of your income to pay it off. Thus, a homebuilder will sell you a home for free as long as you pay 10% of your income to him. Thus, you will never get foreclosed on even if you lose your job.
Thanks for the post ... By: pirucreek. on 22 Nov 10, 22:18:54 Thanks for the post. Wish I added so how does a government pay for bullet trains? Very easy allocate a certain amount of taxes yearly to bullet trains. For example fund if 100 MM a year, and if? you need the money to do something else, you can stop and resume at a later date. The wealth of the work is still there.
... By: tomcollinspoker. on 22 Nov 10, 15:36:24 housemadeofsteel.jpg?
A cartoon generally supporting Ben Bernanke quantitative easing. However, strong criticism against the FED and national deficit. End Fannie Mae and Freddie Mac. Easy fair solution to eliminate filing taxes for all employees.
Why ban unions all ... By: kukilon. on 23 Apr 12, 01:57:11 Why ban unions all together? The problems with unions is that they should not hold special priviliges. If let's say ten workers want to create a union and discuss their terms with their employeer I see no problems with that at all. If for example their wage demands are to high for the employeer he should ofcourse be able to choose other? workers.
just a heads up. ... By: abf617. on 17 Nov 11, 06:05:38 just a heads up. he doesnt want to ban unions. he just doesnt want the govt to support them. if i am not mistaking, a union strike is between labor and management, govt doesnt get involved? and support either side, though I may be mistaking
If only Palin were ... By: shyguy640. on 04 Nov 11, 03:50:13 If only Palin were this smart...?
- Additionally, ... By: XDMX13. on 03 Nov 11, 03:03:28 - Additionally, Obama as an attorney for ACORN pushed homes for everyone and admitted on CNN this would lead to substantial defaults. To quote BusinessWeek from a 2008 article: "It's clear? now that the erosion of lending standards pushed prices up by increasing demand, and later led to waves of defaults by people who never should have bought a home in the first place." Guess who this was regarding? The Clinton administration and their push for home ownership increase.
- You are not ... By: XDMX13. on 03 Nov 11, 02:53:08 - You are not addressing my response to the previous poster. The bottom line is Obama has the power to veto these ridiculous? spending plans. He is just another politician being controlled by special interests. In this case....banks. I am a realist and understand that Obama does not have the power I so vehemently state he should exercise. At the end of the day he is not in control. Globalists are.
This? video is full ... By: MegaAlphaDave. on 21 Oct 11, 13:14:00 This? video is full of inaccuracies and obviously created by a poorly educated Obama follower.
YAWN .? By: lesanne2. on 10 Oct 11, 21:39:01 YAWN .?
This video fails in ... By: traindawg. on 07 Oct 11, 14:54:05 This video fails in what? these videos set out to do: be funny.
Ultimately it ... By: Foreshadow44. on 03 Oct 11, 05:20:50 Ultimately it helped the economy at the time since I spent it. If the economy in part is us spending money on American products and services, like my local Dentist or? even a computer or my using that money to invest in a small business I don't see that as wasting money or bad tax policy. Most people would essentially spend it locally or in some indirect way that benefits the US economy.
Personally, I made ... By: Foreshadow44. on 03 Oct 11, 05:18:52 Personally, I made capital gains (3000 invested, made 4750 in 6 months) so that is almost a 50 percent increase in my investment. I did so through stock sharing and the fact in many top positions in a company you can invest in a? fund the company then guarantees a certain return and matches too). My income for that year was not more than 60k thus I would be one of those who would benefit from a 200k and below no capital gains tax. What did I do with that money.
I see your point ... By: Foreshadow44. on 03 Oct 11, 05:16:32 I see your point about why you feel unions and minimum wage help nations like china? and third world nations. I get that but honestly it is the deep capitalist who are to blame for doing business AND shipping jobs overseas. They could simply bar all chinese goods from our nation and the West in general. But they don't, so instead of a Cold War like we had with Russia perhaps dropping those protections Americans have can allow America to compete with those other large nations like India/China.
Japan and UK ... By: pirucreek. on 03 Oct 11, 04:00:28 Japan and UK together own more than China. However, China owns more those individually. China or those countries pay no tax on their interest. That? is why I support the Romney plan of the 1st $200,000 of capital gains as tax free. To allow all citizens an equal playing field. I think it is time we end minimum wage and ban unions to allow all companies worldwide to compete. These laws allow other countries to move from 3rd world to 1st world which seems good.
All this talk of ... By: Foreshadow44. on 30 Sep 11, 20:10:08 All this talk of China owning debt. Go look it up, UK and Japan own more. That is stupid since The US makes huge manufacturing deals with the US. China does not want to destroy the US. They make it,? we buy it. China has a vested interest in our existence.
@jjcinbozo Black ... By: freedombiteback. on 28 Sep 11, 22:32:36 @jjcinbozo Black Bush (Obama)..Wake-up? soon !....
Get rid of the ... By: Emmie949. on 20 Sep 11, 16:15:52 Get rid of the FEDERAL RESERVE. If you check history, you will see that the FED is the author of all economic crisis in? the U.S. since they have taken the reigns. The ONLY SOLUTION is to get rid of the slimey thieves.
and debt numbers? ... By: TheAbbott88. on 16 Sep 11, 16:28:06 and debt numbers? going back until 2008. So, if you think you have the right number you are doing better than the jackoffs that spent the money. Stop sucking the president dick and get a little oxygen to your brain before it is too late.
Okay first of all ... By: TheAbbott88. on 16 Sep 11, 16:24:24 Okay first of all genuis, Obama has not signed a single budget since he has been? in office and I am pretty sure that we did not have a budget in 09' either. Though, I am sure that is Bush's or Rush's fault. You kool-aid drinking ass. I wouldn't know because I only marginally like them more than I do the current president. Second of all, how the hell are you going to trust any numbers that you have to quote? The treasury & the CBO have both had to go back an revise all of the GDP..
FY2009 deficit a ... By: pirucreek. on 16 Sep 11, 09:36:15 FY2009 deficit a Bush signed budget was $1,885,101,000 to $11,909,829,000. Obamas FY2010 deficit was $1,651,794,000 to $13,561,632,000. Source treasurydirect To me that is deficit? reduction. Some idiots need to go back to school rather than listen to Rush. The national debt is presently $14,684,293,000. If the national debt does not get to $15,213,000,000 I think it will be further deficit reduction. Time to pull your head out of your ass.
@jjcinbozo lol... ... By: TheAbbott88. on 16 Sep 11, 01:56:40 @jjcinbozo lol...Are you doing a little tongue in cheek routine? If so, "bravo good sir". That's some funny shit.
If not, "obama did cut the deficit. check your facts." is the dumbest GD thing I have read online in weeks. And, dumb people are posting dumb shit all the time. Hmmm...actually the? fact that you posted the dumbest thing I have read in weeks is actually pretty impressive. Nice job.
@jjcinbozo ? come ... By: VICSWEB1. on 11 Sep 11, 17:28:31 @jjcinbozo ? come on Bush obama SAME SAME. DEMOCRAT REPUBLICAN SAME SAME
It is not the ... By: pirucreek. on 11 Sep 11, 07:38:19 It is not the amount of debt, it is the percentage of debt. Reagan/bushi quadrupled the debt. When Obama came in the debt was already written to over 10 trillion, he still has a way to go to double it.
Since I made this video I have lost all respect for Obama. He voted twice as senator to stop the debt ceiling increase. Yet as president he promoted it. He talks about cuts on a 10 year plan but spending on a? 1 year plan. The debt ceiling debate just ended but now he wants to spend
@jjcinbozo - Obama ... By: XDMX13. on 08 Sep 11, 17:09:02 @jjcinbozo - Obama did not inherit anything. He is a publicly elected official who was aware? of the deficit before he took an oath to serve as our president. One of the responsibilities of his office is to make decisions for the betterment of our country in domestic and foreign affairs.
And he has in fact added more debt to the national deficit than the 3 previous presidents combined. Away with the argument he inherited anything. The power of veto is a powerful thing when used.
@jjcinbozo - Obama ... By: XDMX13. on 08 Sep 11, 17:08:59 @jjcinbozo - Obama did not inherit anything. He is a publicly elected official who was aware of the deficit before he took an oath to serve as our president. One of the responsibilities of his office is to make decisions for the betterment of our country in domestic and foreign affairs.?
And he has in fact added more debt to the national deficit than the 3 previous presidents combined. Away with the argument he inherited anything. The power of veto is a powerful thing when used.
This bitch got ... By: moonshineinsummer1. on 06 Sep 11, 00:45:36 This bitch got most? of it right!
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By: Lieu3C4. on 18 Jan 12, 18:51:48
Why would I? not want to see overpaid corporate executives and their near associates pay to support by way of taxation and redistribution the very majority of people they would exploit to the point of enslavement were it possible and allow them to take on the role that King George and his near associates played in the 1700s? Because that redistribution would see the money go directly back to the corporate executives? Maybe.
By: pirucreek. on 27 Mar 11, 21:36:24
After a couple week of pondering on this. We should end capital gains, corporate and dividend taxes, and all stock income should should be reported as a Schedule C - Business Income. If you have no taxpayer identification number, all your capital gains should be? considered a dividend and taxed at 30% or as tax treaties stipulate.
By: nilbud. on 18 Mar 11, 07:45:40
Say goodbye to? all the capital in the US then.
By: pirucreek. on 14 Mar 11, 05:59:41
The tax rate for goog has never been less than 20% for the last 10 years (google goog ten year summary). GOOG is part of the NASDAQ, in 2000 the NASDAQ was near 5000, today it is about 2700. So if you? held a NASDAQ index with google in it, not only would you have lost money, you would pay tax on those losses. The sad part is those earnings taxes were wasted on public sector unions and defense. We need to end corporation tax imho, thus Gates will have to pay cap tax on his income
By: harj2009. on 14 Mar 11, 05:51:03
No corporation pays? 39 percent tax google pays 2
By: pirucreek. on 10 Mar 11, 00:57:15
Another option might be to end corporate tax, and allow capital gains and dividend to be taxed as? income. Foreigners must pay 50% tax on dividends and capital gains.
By: pirucreek. on 14 Feb 11, 00:21:50
Ending capital gains taxes is also the same as competing currencies Ron? Paul always talks about.
By: pirucreek. on 10 Feb 11, 07:58:48
There is another benefit of ending IRAs and 401(k)s. Is all that money won't be locked up. Most of it is psychological. If the money is regular bank or brokerage account you will be more likely to invest or spend that money. Which should put the economy on steroids. Also not having these accounts will help income tax receipts. As some of these dodges are huge? like 50% of your business income.
By: pirucreek. on 07 Feb 11, 23:23:57
The money you save forcing foreigners to pay higher corporate taxes, the elimination of paperwork and ira/retirement accounts, and the elimination of tax dodges will easily make it revenue neutral. And for the congressperson bookworm, I think you should also allow corps to get a 10% deduction for dividends paid from income to promote real earnings and allow the average investor to see the true colors of corporate? income to make sure earnings are real.
By: pirucreek. on 07 Feb 11, 23:19:46
Ending the capital gains tax, also means ending IRAs and tax dodges. When Cramer comes on t.v. and says he is doing for a charitable trust it could be a tax dodge to eliminate taxes. You can give your heirs a life insurance policy for the entire amount of the trust. you can? also open a overseas brokerage accoun and avoid CGs. It is so obvious ending the capital gain tax is the best thing you can do for business and Obama today asked for recommendations to help business and this is #1.
By: pirucreek. on 07 Feb 11, 19:48:39
I think it would be better to end capital gains taxes and increase either the corporate rate from 35% to 36%, or possibly use inflation taxes to make up? the rest. However, I would much prefer to cut government. Jeremy Seigel has stated he thinks companies should be allowed to deduct dividends from income like they do with their debt interest. However, I believe ending the capital gains tax is the best options. Stock options would be still taxed 100% as they are given and redeemed as income.