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Trump wants to do another thing I am really glad about.

Posted on 4/30/17 at 6:23 pm
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 4/30/17 at 6:23 pm
LINK

going to make hedge fund managers pay taxes on their income as ordinary income and stop giving them the tax break that actual investors get. they are using a gift law that the Congress gave them after a big bribe. they currently make income on sales. that sale is not being taxed like any other sales person. its at a reduced rate as if the salesman actually invested.

Thank you President Trump. go get them.
Let's see if he can bend Congress to his will.

This post was edited on 4/30/17 at 6:25 pm
Posted by BeeFense5
Kenner
Member since Jul 2010
41292 posts
Posted on 4/30/17 at 6:25 pm to
Why do you think you are entitled to that money?
Posted by The Baker
This is fine.
Member since Dec 2011
16163 posts
Posted on 4/30/17 at 6:32 pm to
(no message)
This post was edited on 1/10/21 at 6:57 pm
Posted by airfernando
Member since Oct 2015
15248 posts
Posted on 4/30/17 at 6:50 pm to
If we are going to have income tax, those shares they are taking as income should be taxed the same. However, I assume we are not talking about all capital gains.
Posted by the LSUSaint
Member since Nov 2009
15444 posts
Posted on 4/30/17 at 6:51 pm to
The same reason they are entitled to my net gains.
Posted by deltaland
Member since Mar 2011
90625 posts
Posted on 4/30/17 at 6:55 pm to
You ready for your coat yet baw?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/30/17 at 7:02 pm to
Trump is turning into Bernie day by day

We love our socialist president don't we folks
This post was edited on 4/30/17 at 7:03 pm
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 4/30/17 at 7:28 pm to
quote:

Why do you think you are entitled to that money?




you don't understand the difference between brokering a sale (hedge fund guys)

and a person who risks his own money on a stock investment.

Posted by BigJim
Baton Rouge
Member since Jan 2010
14496 posts
Posted on 4/30/17 at 7:29 pm to
quote:

If we are going to have income tax, those shares they are taking as income should be taxed the same. However, I assume we are not talking about all capital gains.



No I think it is just carried interest.
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 4/30/17 at 7:32 pm to
quote:

You ready for your coat yet baw?



when I told my wife I might vote for him over MRs Clinton she looked at me funny and said WHAT?

I explained why.

after the pussy grabbing video, I decided not to encourage him.
Posted by uway
Member since Sep 2004
33109 posts
Posted on 4/30/17 at 7:41 pm to
quote:

Trump is turning into Bernie day by day

We love our socialist president don't we folks



I'll trade you socialism for 1950s demographics and social peace.
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 4/30/17 at 7:55 pm to
quote:

1950s demographics and social peace.



1958 to 1960 I used to see small stories in the Lake Charles American Press about lynchings.

Mississippi applied its literacy tests unevenly. crackers passed. n####, not so much.

the peace was maintained by force.

I, a Jew, was not allowed to stay at a white hotel in the USA or South Africa.

You white baws remember the 1950s through the lens of the have's.







Posted by uway
Member since Sep 2004
33109 posts
Posted on 5/1/17 at 6:49 am to
quote:




1958 to 1960 I used to see small stories in the Lake Charles American Press about lynchings.

Mississippi applied its literacy tests unevenly. crackers passed. n####, not so much.



Those are bad things.

quote:

the peace was maintained by force.

How is it maintained now? We have paramilitary police forces now but still can't maintain peace in inner cities.
How was Baltimore in the 50s? Chicago? New Orleans?

quote:

I, a Jew, was not allowed to stay at a white hotel in the USA or South Africa.

How's South Africa these days? How's Europe for Jews who aren't wealthy?

quote:

You white baws remember the 1950s through the lens of the have's.

Eh. Wealth distribution has gotten worse since then, and will worsen as we continue to import 3rd world people. Elites implement these immigration policies because they enrich and empower them.
This post was edited on 5/1/17 at 6:50 am
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