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DapperDan 
LSU Fan
Member since Jul 2012
1226 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:30 am to Rex)
quote:
The rich, obviously
Don't know much about the market, and who is investing in it?
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Reubaltaich 
USA Fan
A nation under duress
Member since Jun 2006
1777 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:31 am to Rex)
quote:
What's fair is that I get to choose those things which are subject to my own test of fairness.
Hitler and the Nazi's agreed with you.
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DapperDan
LSU Fan
Member since Jul 2012
1226 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:31 am to Rex)
quote:
it's absurd that Mitt Romney's taxes are capped at 15% while a WORKER is capped at 35%.
No discount for risking complete loss of principal? The worker doesn't risk any funds. An investor does. two very different activities. And the vast majority of investors are middle class. You really think raising the cap gains rate will hurt Mitt Romney?
This post was edited on 11/24 at 11:32 am
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Rex
LSU Fan
Here, there, and nowhere
Member since Sep 2004
47670 posts
 Online
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:32 am to DapperDan)
quote:
No discount for risking complete loss of principal?
The discount is that he can net his losses against his gains.
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DaGarun 
Northwestern St. Fan
NashVegas
Member since Nov 2007
15754 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:35 am to Rex)
quote:
see my discussion on taxing capital gains at ordinary income tax rates
Looked back a few pages in your hx, but didn't see anything. Link? Sounds like an awful idea to me...
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DapperDan
LSU Fan
Member since Jul 2012
1226 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:35 am to Rex)
quote:
The discount is that he can net his losses against his gains.
What happens if he only has losses? offset against income tax? Since you say they are the same????
This post was edited on 11/24 at 11:37 am
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LSUwag
LSU Fan
Orlandeaux
Member since Jan 2007
5088 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:37 am to Rex)
Hey Rex,
How about a Flat Tax and a National sales tax so even the parasites have to pay their 'fair share'
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Rex
LSU Fan
Here, there, and nowhere
Member since Sep 2004
47670 posts
Online
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:40 am to DapperDan)
quote:
What happens if he only has losses?
I'd allow carryovers.
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DapperDan
LSU Fan
Member since Jul 2012
1226 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:41 am to Rex)
How about a deduction against income tax?
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Rex
LSU Fan
Here, there, and nowhere
Member since Sep 2004
47670 posts
Online
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:44 am to LSUwag)
quote:
How about a Flat Tax and a National sales tax so even the parasites have to pay their 'fair share'
Flat tax: definitely AGAINST. It's a stupid proposition because it does next to nothing in solving the problem of our bloated tax code. Measuring income is what's complicated, not applying a tax rate.
National sales tax: FOR if all exchanges of value, including sales of real estate and equities, are taxed.
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NC_Tigah
LSU Fan
Member since Sep 2003
40202 posts
Online
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:44 am to Rex)
quote:
Rex
Not badgering, just not sure if you saw the question. How much would you expect the cap gains change to raise in revenue?
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Rex
LSU Fan
Here, there, and nowhere
Member since Sep 2004
47670 posts
Online
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:45 am to DaGarun)
It was back in August:
LINK
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Scruffy
USA Fan
Team Hugo Stiglitz 4 Life
Member since Jul 2011
17690 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:46 am to NC_Tigah)
Cuts first then I might, MIGHT support tax increases.
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Rex
LSU Fan
Here, there, and nowhere
Member since Sep 2004
47670 posts
Online
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:46 am to NC_Tigah)
quote:
How much would you expect the cap gains change to raise in revenue?
I don't know.
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DapperDan
LSU Fan
Member since Jul 2012
1226 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:48 am to Rex)
quote:
I don't know.
So you have no idea how much revenue your proposal would bring in. Why, then, do you propose it? Just because you don't linke Mitt? Isn't the goal to increase revenue. Not for you, I guess.
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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
25247 posts
Online
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:51 am to Rex)
Well that means the 53% should be able to tell those living off thier taxes to take a F'ing pay cut NOW Fool, or get a damaned job. When 64,000 is availble to a family of THREE(that is one mommy and two daddy babies to fools or rather the King of them).
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Zach
LSU Fan
Member since May 2005
55446 posts
Online
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:51 am to Rex)
quote:
What's fair is that which is decided democratically.
We don't get to vote on income tax. It's not determined democratically.
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Jbird 
Iowa Fan
Odramaville with EthanL
Member since Oct 2012
4969 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:51 am to DapperDan)
quote:
Not for you, I guess.
Ha see all you needed to see from Rexy was that it wouldn't impact him, facts are no factor in his thinking. No idea how much it will "generate" nor it's effect on others but because it looks like it will frick someone else....well then he is all in baby. 
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Rex
LSU Fan
Here, there, and nowhere
Member since Sep 2004
47670 posts
Online
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:54 am to DapperDan)
quote:
So you have no idea how much revenue your proposal would bring in. Why, then, do you propose it?
Because I'm certain it would be both fairer and substantial. I don't have to know how many people would be executed to support capital punishment, either.
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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
63211 posts
| re: The "rich" need to pay their "fair share"! How, exactly? (Posted on 11/24/12 at 11:55 am to Rex)
quote:
I think it's absurd that Mitt Romney's taxes are capped at 15%
Other than your statement is not true, what else you got?
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