New Financial Transaction Tax Purposed - Page 7 - TigerDroppings.com

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igoringa
LSU Fan
Tejas
Member since Jun 2007
9810 posts

re: New Financial Transaction Tax Purposed


quote:

I am just equating the behaviour to gambling


Yes you are but stating it should be subjective to a completely different tax scheme then gambling... because well it is non value add like gambling.







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igoringa
LSU Fan
Tejas
Member since Jun 2007
9810 posts

re: New Financial Transaction Tax Purposed


quote:

I am ok with taxing something that is essentially gambling.


quote:

No, I am not saying it should be taxed because it is akin to gambling


quote:

This is more of a gambling tax than an investment tax.


How about you finish the above debate with yourself first....



This post was edited on 3/25 at 1:28 pm


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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80736 posts

re: New Financial Transaction Tax Purposed


quote:

haha because he is a tax advisor.

I don't think I knew this fact.

That explains his love affair with all things taxable....

ETA: Talk about the REAL skimmers.....



This post was edited on 3/25 at 1:28 pm


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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
34328 posts

re: New Financial Transaction Tax Purposed


quote:

That explains his love affair with all things taxable....


Hey Ruskie, you have some comrads back in the motherland that want to buy some real estate in Miami that I can help advise?



This post was edited on 3/25 at 1:29 pm


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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22453 posts

re: New Financial Transaction Tax Purposed


quote:

I question whether behavior will actually change with the tax. I doubt it will to any appreciable level
So your justification for the tax is that it would discourage gambling, but now you don't feel like it have any effect? Great rationality you have. Awesome.






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CptRusty
New Orleans Saints Fan
We are the ones who knock
Member since Aug 2011
4202 posts

re: New Financial Transaction Tax Purposed


quote:

How about you finish the above debate with yourself first....


Look look look...you're all getting waaaaaaay too caught up in details like "unintended consequences" and whether or not this tax makes any damn sense whatsoever, or why in the blue hell is this even being considered in the first place.

The bottom line is the government NEEDS more of your money, and they are going to get it one way or another. Might as well get used to it.






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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
34328 posts

re: New Financial Transaction Tax Purposed


quote:

So your justification for the tax is that it would discourage gambling, but now you don't feel like it have any effect? Great rationality you have


Umm, no. I have already said this is a tax increase I am ok with because I happen to believe we need more tax revenue right now.

And I already stated why. Not going to keep repeating myself.






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rsande2
LSU Fan
Member since Jan 2006
3423 posts

re: New Financial Transaction Tax Purposed


quote:

Newbomb Turk


Not reading the next 6 pages but I basically agree with this. Perhaps we should ban taxes!

quote:

When are you liberals going to learn -- we don't have a f*cking revenue problem -- we have a f*cking liberal spending problem. You could raise $6 TRILLION in new taxes and you no-good slime-ball pieces of f*cking filthy Democrats would spend three times that. You're like little children who don't know understand that they can't buy a f*cking Mercedes with their $1/week allowance.








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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22453 posts

re: New Financial Transaction Tax Purposed


quote:

No. I donated at least $10k to their cause last year.
As I suspected. You're projecting your propensity to gamble onto others.

quote:

Oh, and as to the part of you not believing about my "thousands" in brokerage fees, it was DEFINTELY a few thousand. I was trading in and out of the same few stocks 5-10x a day paying a fee on every trade.
Oh I fully believed it. But if you were day trading 5-10x per day and paying full retail fees you were doing it wrong.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80736 posts

re: New Financial Transaction Tax Purposed


quote:

Hey Ruskie, you have some comrads (sic) back in the motherland
Yes.

quote:

that want to buy some real estate in Miami that I can help advise?
No.






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dewster
Maryland Fan
Tennessee
Member since Aug 2006
9047 posts

re: New Financial Transaction Tax Purposed


quote:

I happen to believe we need more tax revenue right now.


Transaction tax aside, isn't our revenue estimates for 2013 higher than ever?






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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
34328 posts

re: New Financial Transaction Tax Purposed


quote:

As I suspected. You're projecting your propensity to gamble onto others.


Maybe.

quote:

Oh I fully believed it. But if you were day trading 5-10x per day and paying full retail fees you were doing it wrong.


I wasn't very good at it admittedly. So I stopped.






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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
34328 posts

re: New Financial Transaction Tax Purposed



quote:

Transaction tax aside, isn't our revenue estimates for 2013 higher than ever?


Yeah, but so are entitlement and medical costs.

Which I am in favor of cutting as previously noted.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80736 posts

re: New Financial Transaction Tax Purposed


quote:

I wasn't very good at it


Hopefully one day you'll be good at something.....






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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
34328 posts

re: New Financial Transaction Tax Purposed


quote:

No.


I am very good at it. One of the best around in fact. I can name one attorney that is better in the area, but I have mastered his strategies and structuring. Just not his litigation success if challenged.






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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
34328 posts

re: New Financial Transaction Tax Purposed


quote:

Hopefully one day you'll be good at something.....


See previous post.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80736 posts

re: New Financial Transaction Tax Purposed


quote:

I am very good at it.
If so why are you having to solicit business on an anonymous message board?






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80736 posts

re: New Financial Transaction Tax Purposed


quote:

Hopefully one day you'll be good at something.....



See previous post.


See previous post.....






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Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22453 posts

re: New Financial Transaction Tax Purposed


quote:

Umm, no. I have already said this is a tax increase I am ok with because I happen to believe we need more tax revenue right now.
Would you be OK with a special tax on ex-Auburn living in Miami tax? I mean... The government needs more tax money, and that good enough reason, right?



This post was edited on 3/25 at 1:40 pm


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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
34328 posts

re: New Financial Transaction Tax Purposed


I'm just fricking with you. If you had said yes, I wouldn't have cared and wouldn't have given you my information.

It should have been obvious as well it was not a serious question.

Not to mention, the structuring strategies really require about $10M in investment to make them cost effective.







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