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Message

re: White males should be denied right to vote for 20 years.

Posted on 4/14/17 at 10:03 am to
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466262 posts
Posted on 4/14/17 at 10:03 am to
quote:

The money used to make gains was already taxed at the rate of money earned.

yes

and it's much riskier to invest and pray than earn a salary

and the government wants to incentivize the population TO invest, because that's how our economy grows

if you're going to have a system where the government interferes in the market via tax policy, then there are almost no arguments against capital gains rates being lower than income rates
Posted by LucasP
Member since Apr 2012
21618 posts
Posted on 4/14/17 at 10:03 am to
quote:

said middle class


That's what I meant by lower class investors, the non wealthy.

quote:

we do


I guess? But a rate that ranges from zero to fifteen percent might as well be fixed. If you actually worked for a million dollars annually, you would pay at or near fifty percent income tax. If you earn dividends off of other people's work then you pay fifteen percent. How does that not fail the bullshite test?
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136125 posts
Posted on 4/14/17 at 10:05 am to
quote:

I didn't do anything to anyone, and i owe no one. This person can suck my balls.


This. And if I don't vote, I don't pay taxes. See how long it holds up.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42968 posts
Posted on 4/14/17 at 10:05 am to
quote:

If you earn dividends off of other people's work then you pay fifteen percent. How does that not fail the bullshite test?



because that money was already taxed...
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
69088 posts
Posted on 4/14/17 at 10:05 am to
quote:

If you earn dividends off of other people's work then you pay fifteen percent. How does that not fail the bullshite test?


If you work, you get paid. If you invest, you might not. Risk plays a role in every decision, policy, and action on earth, whether we consciously consider it or not.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466262 posts
Posted on 4/14/17 at 10:06 am to
quote:

I guess?

no. we do have a progressive tax rate on capital gains



the lowest tax brackets don't even have LTCG taxes to pay

quote:

If you earn dividends off of other people's work

they wouldn't have work to do without that investment

also, the money that was used to invest was ALREADY TAXED

would you rather an economy without expansion and much fewer jobs or one where we create incentives for people to invest in companies to allow new companies to be created to expand our economy and create jobs?
Posted by Antonio Moss
The South
Member since Mar 2006
49087 posts
Posted on 4/14/17 at 10:07 am to
quote:

if you frick with capital gains, the middle class will be destroyed b/c that's their primary vehicle of investment.


Nah, man, you don't understand. They aren't paying their fair share. We need to better redistribute wealth cause you can't make any more of it.

Posted by Keltic Tiger
Baton Rouge
Member since Dec 2006
21552 posts
Posted on 4/14/17 at 10:09 am to
I only wish that those who spend so much of their time & energy with promoting shite like this that will never happen would spend that time & energy in trying to really make a difference. But at the same time, this kind of shite will help keep conservatives...the GOP if you must....at the controls of the country. So, do keep it up, please.
Posted by Patrick_Bateman
Member since Jan 2012
17823 posts
Posted on 4/14/17 at 10:09 am to
quote:

we do have a progressive tax rate on capital gains

Not on my Roth gains.
Posted by Antonio Moss
The South
Member since Mar 2006
49087 posts
Posted on 4/14/17 at 10:10 am to
quote:

If you actually worked for a million dollars annually, you would pay at or near fifty percent income tax. If you earn dividends off of other people's work then you pay fifteen percent. How does that not fail the bullshite test?


Because the money that you earned in income to invest was already taxed.

Look, I think the simple solution is that you make income, capital gains, and corporate taxes all 17% across the board with a standard deduction for each category with no other credits or deductions.

That would actually be "fair share."
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 4/14/17 at 10:10 am to
quote:

I cant beleive Heather still gets bites


Eh... Just for fun... how anyone can take her seriously is beyond me. If she were truly as stupid as her posting indicates, she couldn't even figure out how to feed herself, much less post.
Posted by Fun Bunch
New Orleans
Member since May 2008
128006 posts
Posted on 4/14/17 at 10:11 am to
So let me get this straight:

You guys got trolled by a clear Troll click bait article from huffpo

And then got trolled by Heather/Yogagirl (confirmed in another thread)

Good job guys. I was entertained.
Posted by LucasP
Member since Apr 2012
21618 posts
Posted on 4/14/17 at 10:12 am to
quote:

you work, you get paid. If you invest, you might not.


So money gambled is less tax worthy than money earned?

What we're getting at is a difference in outlook on taxes and their purpose. Without taxes and government, society crumbles. The people who benefit the most from society not crumbling are investors and other non contributing citizens (fricking lawyers). So since they benefit the most, it would make sense that they contribute the most.

Just my viewpoint And luckily for your side, enough people disagree with it to make sure that rich people don't pay high tax rates.
Posted by Antonio Moss
The South
Member since Mar 2006
49087 posts
Posted on 4/14/17 at 10:12 am to
To be fair, the thread evolved past it's primal stages - heather - to a discussion about tax reform.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8577 posts
Posted on 4/14/17 at 10:12 am to
quote:

LucasP


Do you understand the concept that equity, by its very nature, is risky?
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 4/14/17 at 10:12 am to
quote:

paying the debt that white males owe the world.


Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 4/14/17 at 10:13 am to
quote:

(confirmed in another thread)


Hey... she won that thread. Just ask her. I guess she won this one as well.
Posted by Rouge
Floston Paradise
Member since Oct 2004
138173 posts
Posted on 4/14/17 at 10:13 am to
I'm busy investing my govt check into govt-backed securities

I call it the financial circle of life
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42968 posts
Posted on 4/14/17 at 10:14 am to
quote:

So money gambled is less tax worthy than money earned?



In my opinion, money earned is the source. The source is tax progressively. Investments originate from money earned. Therefore, it would be a tad ridiculous to tax that money again at likewise rates if you are trying to grow an economy.
Posted by UncleRuckus
Member since Feb 2013
9668 posts
Posted on 4/14/17 at 10:14 am to
We definitely shouldn't allow our most successful demographic to vote
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