It makes no senses unless you are the %1 that you think our dollar should be taxed more than their (top %1) dollar
That is how the tax code ensures their success and puts it’s foot on the little guy so Mr Big does not have to compete
It makes no senses unless you are the %1 that you think our dollar should be taxed more than their (top %1) dollar
That is how the tax code ensures their success and puts it’s foot on the little guy so Mr Big does not have to compete
[quote]pittbulll wrote:
It makes no senses unless you are the %1 that you think our dollar should be taxed more than their (top %1) dollar
That is how the tax code ensures their success and puts it’s foot on the little guy so Mr Big does not have to compete [/quote]
What the hell does all that even mean?
The US corporate tax is the the highest in the industrialized world.
The top 1% pay 37% of all income tax
The more people make the higher percentage they pay in taxes P E R I O D.
These are all facts.
Stop babbling and answer the questions I’ve posed above if you want me (or anyone else at this point) to take you seriously. Post after post you simply ramble, honestly I’m starting to think something is wrong with you. Too many drugs, alcohol what is your problem?
[quote]FightinIrish26 wrote:
Good thing this place hasn’t changed at all.[/quote]
Yep.
[quote]ZEB wrote:
[quote]pittbulll wrote:
It makes no senses unless you are the %1 that you think our dollar should be taxed more than their (top %1) dollar
That is how the tax code ensures their success and puts it’s foot on the little guy so Mr Big does not have to compete [/quote]
What the hell does all that even mean?
The US corporate tax is the the highest in the industrialized world.
The top 1% pay 37% of all income tax
The more people make the higher percentage they pay in taxes P E R I O D.
These are all facts.
Stop babbling and answer the questions I’ve posed above if you want me (or anyone else at this point) to take you seriously. Post after post you simply ramble, honestly I’m starting to think something is wrong with you. Too many drugs, alcohol what is your problem?[/quote]
My dollar is taxed at %30 plus
Romney’s dollar is taxed at %14
that means Romney’s dollar is %16 stronger than my dollar all due to the tax code
[quote]pittbulll wrote:
[quote]ZEB wrote:
[quote]pittbulll wrote:
It makes no senses unless you are the %1 that you think our dollar should be taxed more than their (top %1) dollar
That is how the tax code ensures their success and puts it’s foot on the little guy so Mr Big does not have to compete [/quote]
What the hell does all that even mean?
The US corporate tax is the the highest in the industrialized world.
The top 1% pay 37% of all income tax
The more people make the higher percentage they pay in taxes P E R I O D.
These are all facts.
Stop babbling and answer the questions I’ve posed above if you want me (or anyone else at this point) to take you seriously. Post after post you simply ramble, honestly I’m starting to think something is wrong with you. Too many drugs, alcohol what is your problem?[/quote]
My dollar is taxed at %30 plus
Romney’s dollar is taxed at %14
that means Romney’s dollar is %16 stronger than my dollar all due to the tax code [/quote]
You lack information so you’re drawing incorrect assumptions.
Your dollar is taxed at 30% and Romney’s dollar was taxed at a higher rate than that when he first earned it. But, once he earned it an paid his tax he invested what was left in the market and the capital gains tax is only 15%. that means that he paid the top tax rate the first time he earned the money PLUS an additional 15% more on any gains he made in the market. He was actually taxed twice on the same money.
Do you understand this?
[quote]ZEB wrote:
[quote]pittbulll wrote:
[quote]ZEB wrote:
[quote]pittbulll wrote:
It makes no senses unless you are the %1 that you think our dollar should be taxed more than their (top %1) dollar
That is how the tax code ensures their success and puts it’s foot on the little guy so Mr Big does not have to compete [/quote]
What the hell does all that even mean?
The US corporate tax is the the highest in the industrialized world.
The top 1% pay 37% of all income tax
The more people make the higher percentage they pay in taxes P E R I O D.
These are all facts.
Stop babbling and answer the questions I’ve posed above if you want me (or anyone else at this point) to take you seriously. Post after post you simply ramble, honestly I’m starting to think something is wrong with you. Too many drugs, alcohol what is your problem?[/quote]
My dollar is taxed at %30 plus
Romney’s dollar is taxed at %14
that means Romney’s dollar is %16 stronger than my dollar all due to the tax code [/quote]
You lack information so you’re drawing incorrect assumptions.
Your dollar is taxed at 30% and Romney’s dollar was taxed at a higher rate than that when he first earned it. But, once he earned it an paid his tax he invested what was left in the market and the capital gains tax is only 15%. that means that he paid the top tax rate the first time he earned the money PLUS an additional 15% more on any gains he made in the market. He was actually taxed twice on the same money.
Do you understand this?[/quote]
Zeb I feel that you must be right even at the expense of truth. You are talking about the tax code that I have simplified to the most basic level for (YOU). My earned dollar is worth after income tax aprox $.67
Romney’s aprox $.86
[quote]pittbulll wrote:
Zeb I feel that you must be right even at the expense of truth. You are talking about the tax code that I have simplified to the most basic level for (YOU). My earned dollar is worth after income tax aprox $.67
Romney’s aprox $.86[/quote]
What is your point Pitt?
I’ve already explained to you the facts of this particular case.
Romney was taxed the maximum interest rate according to the United States Tax Code on his earned income. He then took what was left and invested it in various stocks. Those profits were then taxed a SECOND TIME at 15%.
How is this unfair to you, or anyone else?
You have the exact same rights as Romney. You too can take money left over after it is taxed invest it in stocks and be taxed at the capital gains tax rate of 15%.
If anything Romney paid more tax than you did.
There is nothing confusing about this and you should be able to grasp it. Is it just that you are stuobborn and don’t like to change your mind about something?
money is a tool to make other money. It also is a gauge to measure success or failure . If i open a hardware store and compete with Home Depot .After overhead .
HD makes a dollar
No sales tax
No income tax
HD still has a dollar
I make a dollar
I pay %7 sales tax
I pay %30 income taxe
I have $.63
So for me to compete I have to make at least %37 more profit than HD
That is tyranny though taxation Our government is an extension of the very wealthy . Money controls our elections . The Barry or Mitt will do fine by their standards but they are two sides to the same coin
If I had Romney’s tax rate I could buy %16 percent more stock than I presently do
how do I compete with a six percent profit margin and gain %37 more profit. We are talking ,Mission Impossible
ZEB,
BrianHanson wrote:
ZEB,
“So wrong that you have not been able to even refute ONE OF THEM.”
Did I hurt your wittle feelings again? Oh…![]()
The fact is you’ve thrown out your share of insults on many threads. So much so that those you were debating with over homosexual marriage had to tell you to knock it off. Must be rough being a thin skin lefty. Always dishing it out but never being able to take it.
Well, I guess you can only imagine from where you’re sitting huh chump?
[quote]pittbulll wrote:
If I had Romney’s tax rate I could buy %16 percent more stock than I presently do [/quote]
If you had Romney’s income tax rate you’d have less money than you do now as he paid the highest maximum tax rate on his income. For the third time…he only had the better 15 percent rate when he invested what was left over after taxes from that income. It’s called capital gains tax.
[quote]BrianHanson wrote:
ZEB,
BrianHanson wrote:
ZEB,
“So wrong that you have not been able to even refute ONE OF THEM.”
Nor does your inablility to figure out how to use the quote function on this site. Really…B r i a n. You are not a smart man. You’ve not refuted even one of my arguments. If you think you have I challenge you to post it. And use the quote function when you do ![]()
[quote]Did I hurt your wittle feelings again? Oh…![]()
The fact is you’ve thrown out your share of insults on many threads. So much so that those you were debating with over homosexual marriage had to tell you to knock it off. Must be rough being a thin skin lefty. Always dishing it out but never being able to take it.
Try to focus little man. I never once denied insulting you. You are a light weight liberal who espouses 25 year old liberal talking points and in the process you act like you’ve discovered a cure for the common cold.
You are a left wing light weight!
[quote]Well, I guess you can only imagine from where you’re sitting huh chump?
So you are not a successful business man as I implied. Very good B r i a n. I thank you for confirming this.
And as soon as you have an original thought, that is one not planted in your skull by liberals of days gone by we can have a further discussion.
Until we meet again to recap:
1- You were owned on the thread regarding homosexual marriage.
2- You were owned on the thread on abortion. This was your worst defeat and your final post on the matter basically raised the surrender flag.
3- You were owned on the fact that liberalism has failed the poor. So much so that you admitted that long term give away’s did not work.
My only piece of advice to you at this point is to open your mind to different view points. There are reasons you are unable to defend liberalism’s many strongholds…They are truly indefensible and are proven miserable failures.
[quote]ZEB wrote:
[quote]pittbulll wrote:
If I had Romney’s tax rate I could buy %16 percent more stock than I presently do [/quote]
If you had Romney’s income tax rate you’d have less money than you do now as he paid the highest maximum tax rate on his income. For the third time…he only had the better 15 percent rate when he invested what was left over after taxes from that income. It’s called capital gains tax.
[/quote]
Your wrong , I would trade tax rates any day you or he would like
[quote]pittbulll wrote:
[quote]ZEB wrote:
[quote]pittbulll wrote:
If I had Romney’s tax rate I could buy %16 percent more stock than I presently do [/quote]
If you had Romney’s income tax rate you’d have less money than you do now as he paid the highest maximum tax rate on his income. For the third time…he only had the better 15 percent rate when he invested what was left over after taxes from that income. It’s called capital gains tax.
[/quote]
Your wrong , I would trade tax rates any day you or he would like
[/quote]
Please explain why I am wrong. I gave you the correct explanation regarding Romney’s tax situation.
1-He paid the highest rates possible when he first earned his income.
2-He took the money left over after he paid taxes on his earned income and invested it in stocks and paid a 15 percent capital gains tax on that money when he sold those stocks.
That is precisely what happened. As I’ve already mentioned because of this he was actually taxed twice on the money he made. The highest rate the first time and then capital gains tax the second time.
I know this doesn’t fit what the MSLM wants you to think but it happens to be the truth. If you have some conflicting data which leads you to believe otherwise please post it so that I may comment. Otherwise, you should know that you’re walking around thinking things that are just not true and I don’t think you want that.
Thank you,
Zeb
[quote]ZEB wrote:
[quote]pittbulll wrote:
[quote]ZEB wrote:
[quote]pittbulll wrote:
If I had Romney’s tax rate I could buy %16 percent more stock than I presently do [/quote]
If you had Romney’s income tax rate you’d have less money than you do now as he paid the highest maximum tax rate on his income. For the third time…he only had the better 15 percent rate when he invested what was left over after taxes from that income. It’s called capital gains tax.
[/quote]
Your wrong , I would trade tax rates any day you or he would like
[/quote]
Please explain why I am wrong. I gave you the correct explanation regarding Romney’s tax situation.
1-He paid the highest rates possible when he first earned his income.
2-He took the money left over after he paid taxes on his earned income and invested it in stocks and paid a 15 percent capital gains tax on that money when he sold those stocks.
That is precisely what happened. As I’ve already mentioned because of this he was actually taxed twice on the money he made. The highest rate the first time and then capital gains tax the second time.
I know this doesn’t fit what the MSLM wants you to think but it happens to be the truth. If you have some conflicting data which leads you to believe otherwise please post it so that I may comment. Otherwise, you should know that you’re walking around thinking things that are just not true and I don’t think you want that.
Thank you,
Zeb[/quote]
My Dear Zeb:) I am going to have to for go trying to explain to you any longer I can only repeat what I have said
A dollar that Mitt Romney has earned is worth more than $.16 than the dollar I have earned . Capital Gains taxes were designed for the wealthy to skirt paying the taxes that the lowly have to pay. The more wealth the less tax.
Sorry the concept is beyound you
[quote]ZEB wrote:
[quote]BrianHanson wrote:
ZEB,
BrianHanson wrote:
ZEB,
“So wrong that you have not been able to even refute ONE OF THEM.”
Nor does your inablility to figure out how to use the quote function on this site. Really…B r i a n. You are not a smart man. You’ve not refuted even one of my arguments. If you think you have I challenge you to post it. And use the quote function when you do ![]()
[quote]Did I hurt your wittle feelings again? Oh…![]()
The fact is you’ve thrown out your share of insults on many threads. So much so that those you were debating with over homosexual marriage had to tell you to knock it off. Must be rough being a thin skin lefty. Always dishing it out but never being able to take it.
Try to focus little man. I never once denied insulting you. You are a light weight liberal who espouses 25 year old liberal talking points and in the process you act like you’ve discovered a cure for the common cold.
You are a left wing light weight!
[quote]Well, I guess you can only imagine from where you’re sitting huh chump?
So you are not a successful business man as I implied. Very good B r i a n. I thank you for confirming this.
And as soon as you have an original thought, that is one not planted in your skull by liberals of days gone by we can have a further discussion.
Until we meet again to recap:
1- You were owned on the thread regarding homosexual marriage.
2- You were owned on the thread on abortion. This was your worst defeat and your final post on the matter basically raised the surrender flag.
3- You were owned on the fact that liberalism has failed the poor. So much so that you admitted that long term give away’s did not work.
My only piece of advice to you at this point is to open your mind to different view points. There are reasons you are unable to defend liberalism’s many strongholds…They are truly indefensible and are proven miserable failures.
[/quote]
I like doing it my way more.
ZEB,
Wow Z E B (I have no idea why you do that), your quick wit really does cut straight to the bone.
Maybe in the future you could just argue the issues and save the name calling for someone else.
[quote]pittbulll wrote:
[quote]ZEB wrote:
[quote]pittbulll wrote:
[quote]ZEB wrote:
[quote]pittbulll wrote:
If I had Romney’s tax rate I could buy %16 percent more stock than I presently do [/quote]
If you had Romney’s income tax rate you’d have less money than you do now as he paid the highest maximum tax rate on his income. For the third time…he only had the better 15 percent rate when he invested what was left over after taxes from that income. It’s called capital gains tax.
[/quote]
Your wrong , I would trade tax rates any day you or he would like
[/quote]
Please explain why I am wrong. I gave you the correct explanation regarding Romney’s tax situation.
1-He paid the highest rates possible when he first earned his income.
2-He took the money left over after he paid taxes on his earned income and invested it in stocks and paid a 15 percent capital gains tax on that money when he sold those stocks.
That is precisely what happened. As I’ve already mentioned because of this he was actually taxed twice on the money he made. The highest rate the first time and then capital gains tax the second time.
I know this doesn’t fit what the MSLM wants you to think but it happens to be the truth. If you have some conflicting data which leads you to believe otherwise please post it so that I may comment. Otherwise, you should know that you’re walking around thinking things that are just not true and I don’t think you want that.
Thank you,
Zeb[/quote]
My Dear Zeb:) I am going to have to for go trying to explain to you any longer I can only repeat what I have said
A dollar that Mitt Romney has earned is worth more than $.16 than the dollar I have earned . Capital Gains taxes were designed for the wealthy to skirt paying the taxes that the lowly have to pay. The more wealth the less tax.
Sorry the concept is beyound you[/quote]
Can you elaborate? I don’t understand. Zeb seems to have it right.