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re: If one of the Democratic Candidates becomes President, what to do with your money?
Posted on 6/29/19 at 12:53 pm to naturegator83
Posted on 6/29/19 at 12:53 pm to naturegator83
I didn’t realize there were so many retards on this board 
Do you honestly think someone is going to take money from your personal retirement account
Do you honestly think someone is going to take money from your personal retirement account
4
Posted on 6/29/19 at 1:21 pm to iAmBatman
No kidding. No one’s coming for private retirement funds.
A tax on stock transactions—why in the hell not? I pay a damn tax on the purchase of gasoline, or copier paper, or cat food.
We need to raise taxes in a way that impacts mega wealth rather than salaried stiffs (like most people on this board). Everyone should pay his/her fair share...
A tax on stock transactions—why in the hell not? I pay a damn tax on the purchase of gasoline, or copier paper, or cat food.
We need to raise taxes in a way that impacts mega wealth rather than salaried stiffs (like most people on this board). Everyone should pay his/her fair share...
Posted on 6/29/19 at 1:23 pm to hungryone
quote:
Everyone should pay his/her fair share...
What do you consider "their fair share"?
The top 1% paid more in income taxes than the bottom 90%.
Posted on 6/29/19 at 2:07 pm to rowbear1922
quote:
What do you consider "their fair share"? The top 1% paid more in income taxes than the bottom 90%.
Yet the largest corps like Walmart (ab)use public assistance programs like Medicaid to insure their workforce, rather than shouldering the benefits costs like other more responsible corps. That’s what I mean by fair share.
Posted on 6/29/19 at 2:29 pm to hungryone
To me, just my opinion, there should just be a flat tax across the board no matter person or corporation. 10% for anyone or business that made money in the given year; no deductions
Posted on 6/29/19 at 2:55 pm to Shepherd88
quote:
Unless we become socialist then we’re screwed
We'd be in a civil war. So yeah
Posted on 6/29/19 at 2:55 pm to iAmBatman
quote:
Do you honestly think someone is going to take money from your personal retirement account
Why is this funny? It is very possible in the future that they propose taxing certain accounts
Posted on 6/29/19 at 3:44 pm to hungryone
quote:
Everyone should pay his/her fair share.
The famous democrat talking point. What exactly is the government's fair share of what someone else has earned? We need a number.
Posted on 6/29/19 at 4:54 pm to fallguy_1978
Earned using many resources created by the cooperative will of the people through government: the roads and bridges you travel on to get to your job or to get your goods to market, earned using the communications infrastructure developed through joint public/private endeavors, protected by the the joint endeavor of our military funded by taxes. Why do people think that economic prosperity is solely the sweat of their brows and not in part helped along by the massive US infrastructure?
Look at many African countries where govt truly doesn’t function for the people: no free public schools, few roads up to a decent standard, limited public health support, no pensions for the elderly, no support for infants and small children. Spend some time in DRC, or Chad, or Malawi......I’m happy to pay 20%-25% and not see children begging in the streets or dying of dirty water diseases easily prevented by shared cost govt infrastructure like water and sewer treatment.
Look at many African countries where govt truly doesn’t function for the people: no free public schools, few roads up to a decent standard, limited public health support, no pensions for the elderly, no support for infants and small children. Spend some time in DRC, or Chad, or Malawi......I’m happy to pay 20%-25% and not see children begging in the streets or dying of dirty water diseases easily prevented by shared cost govt infrastructure like water and sewer treatment.
Posted on 6/29/19 at 6:33 pm to hungryone
quote:damn, either you're a top 1%er or you need yourself tax advisor.
I’m happy to pay 20%-25%
Posted on 6/29/19 at 6:49 pm to iAmBatman
quote:
Do you honestly think someone is going to take money from your personal retirement account
It didn’t take much work for a Democrat majority to add 3.8% Medicare tax to capital gains when Obamacare was approved. Poof! Incremental pickpocketing. What is so sacrosanct about IRAs and 401ks that make them so protected from needy hands. It adds up in a hurry.
Posted on 6/29/19 at 9:46 pm to naturegator83
The only way Trump is losing this election is if he’s caught with a dead woman or a live boy.
This post was edited on 6/29/19 at 9:48 pm
Posted on 6/29/19 at 10:05 pm to Kaybaby82
Who will carry the torch once Trump is done? Life is long.
Posted on 6/29/19 at 10:33 pm to naturegator83
I'm not making any moves differently than I have in the past. I do wish those corporate tax breaks that were given out during this past tax reform actually "trickled down" to the working class like promised. All I have seen then is layoffs and restructures by companies and I haven't seen any so called "trickle down". These large corporate tax breaks are going straight into the pockets of executives and upper management in the form of bonuses. Tell me how that helps the working class? Corporate tax breaks are a joke.
This post was edited on 6/29/19 at 10:36 pm
Posted on 6/30/19 at 9:52 am to naturegator83
You’re making 50k a year and your worried about the dems taxing you harder?
Posted on 6/30/19 at 12:46 pm to naturegator83
Mediocre status quo thinkers believe, almost as an article of faith, that because something has not yet happened, that it could never and will never happen. These are the people that are overwhelmed and shocked when it does.
An original thinker recognizes the capricious nature of life and the insatiable hunger of the Leftist political class and plans accordingly. Nothing devastating ever happens. Until it does.
An original thinker recognizes the capricious nature of life and the insatiable hunger of the Leftist political class and plans accordingly. Nothing devastating ever happens. Until it does.
Posted on 6/30/19 at 1:19 pm to naturegator83
I’d suggest doing absolutely nothing.
Posted on 6/30/19 at 5:04 pm to Lsupimp
quote:
Mediocre status quo thinkers believe, almost as an article of faith, that because something has not yet happened, that it could never and will never happen. These are the people that are overwhelmed and shocked when it does. An original thinker recognizes the capricious nature of life and the insatiable hunger of the Leftist political class and plans accordingly. Nothing devastating ever happens. Until it does.
When you hear hoof beats, think horses, not zebras.
Posted on 6/30/19 at 5:48 pm to iAmBatman
quote:
Do you honestly think someone is going to take money from your personal retirement account
No, not directly. Especially a 401k. We already know it's subject to being taxed upon withdrawal. However, I can see the following occur that your Social Security benefits get cut if your 401k value is higher than a certain threshold.
But to answer the OPs' question, what are the recent historical stock market numbers pertaining to which party was in the White House? I believe it's probably fairly equal and like it was mentioned before, many other factors affect stock market values, rather than the President.
Posted on 6/30/19 at 6:34 pm to Joshjrn
I get it. There are no slippery slopes . The State has historically ALWAYS stayed in its lane. Ignore what they are saying. Don’t believe them when they tell you their plans for America. Believe in the status quo. America is impervious to social upheaval. All is well. What could possibly happen?
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