mitt vs lady gaga

[GoneBezerk]

Idiot....there is no gurantee one gets their investment money back or makes a dime on their investment.

Say you are a bagger at a grocery store that works on tips but you have to put $10 into a pot at the store to be allowed to work that day with no gurantee you will get your $10 back after working that day. Would you think it's fair you pay the same rate in taxes on your tips as some cashier that is guaranteed to make $10 every day just showing up for work.

For the stupid people out there...

Let's say Joe Schmoe makes $100,000 and that is taxed at 20%, so he pays 20,000 in income taxes.

He has $80,000 left over to eat, party, etc so he goes wild and invests $10,000 of it for his retirement someday.

Now, why would he invest that $10,000 if he is going to pay 20% or higher again? That money has already been taxed before. He would be better off going on vacation, buying a new car and some new clothes with that money than taking a risk losing that $10,000 while being taxed all over again like the first time if he doesn't lose his investment.

Why would he have to pay tax on the invested principle?!?

It's the income stream that the investment generates that's subject to taxation, not the principle invested.

That's FUNNY, Dude!

 

[AVG-JOE]

What's wrong with both of them paying the same rate? Everyone is bitching because their taxes are too high when in reality we should be bitching that our taxes are too fucking complicated.

I think that few Americans actually believe their tax liability is too high per se, I think we're all afraid that we're paying too much compared to the next guy in a similar income bracket because he has a better accountant.

You sweep the floors for Aunt Sarah, who pays you by giving you a cookie. Your funny uncle Barry takes half, calling it a tax.

You want more than half, so you tell your brother he can have the half cookie to learn the recipe and make more cookies. In return, your brother gives you a whole cookie a week later.

In your perfect world, funny uncle Barry comes over and takes half of your cookie. You call that "fair."

But is it? In reality you got nothing for delaying gratification and increasing the total amount of cookies. Uncle Barry, who did nothing, gets the reward.

This is what you call "fair."

Depends on if funny uncle Barry is going to use the half cookies he's collected to build a better public bridge, allowing me to invest in larger trucks to move my cookies at a lower cost and increase my taxable profits.

Fair and simple taxes, a public budget that's balanced by law, transparency in all things politics and then build an economy that your kids can drive to the stars.

It ain't rocket science.

 

[GoneBezerk]

You're a typical lib, stupid whiner if someone calls you names.

Wikipedia wants your face for the definition of STUPID.

I disagree. Income is income. If I earn $10 buying a widget and selling it at a profit, that Hamilton is no different than the Hamilton I earn shorting shares of yahoo!.

There are several reason to invest and the tax considerations shouldn't be among them.

Besides, if I know I'm going to have to pay 30% in tax on my investment profit, I will invest that much MORE in the economy just to cover my nut.

There is a reason the wealthy were BUSY growing the economy and making money in the 90's. They had to work that much harder creating jobs and infrastructure to cover their nut before the Bush Tax Cuts gave them a reason to rest.

Let he who brings no game to the debate start with the childish insults.

I rest my case.

 

[AVG-JOE]

Idiot....there is no gurantee one gets their investment money back or makes a dime on their investment.

Say you are a bagger at a grocery store that works on tips but you have to put $10 into a pot at the store to be allowed to work that day with no gurantee you will get your $10 back after working that day. Would you think it's fair you pay the same rate in taxes on your tips as some cashier that is guaranteed to make $10 every day just showing up for work.

For the stupid people out there...

Let's say Joe Schmoe makes $100,000 and that is taxed at 20%, so he pays 20,000 in income taxes.

He has $80,000 left over to eat, party, etc so he goes wild and invests $10,000 of it for his retirement someday.

Now, why would he invest that $10,000 if he is going to pay 20% or higher again? That money has already been taxed before. He would be better off going on vacation, buying a new car and some new clothes with that money than taking a risk losing that $10,000 while being taxed all over again like the first time if he doesn't lose his investment.

Why would he have to pay tax on the invested principle?!?

It's the income stream that the investment generates that's subject to taxation, not the principle invested.

That's FUNNY, Dude!

It's kind of funny and kind of sad at the same time the way you invalidate your posts with childish insults.

Kind of boring too.

 

[whitehall]

Lady Gaga probably has her little army of makeup artists listed as dependents.

 

[GoneBezerk]

So let's say Obamination gets his way and raises the Capital Gains tax high enough to scare off investors from overseas and here in the USA. The American investors either take their money overseas or just keep that money in the banks waiting for a rainy day.

The economy gets worse because less people are investing in existing and new companies because those rich people are fed up paying for Obamination's pork projects. The Department of Treasury has a decline in taxes received because these rich people are doing nothing with their money now.

So does Obamination then get a law passed saying the Feds can raid your bank account money based on how much is in it???? Romney has millions sitting in the bank.....do you libs feel it would be ok to steal that money sitting in the bank if Romeny doesn't use it.

 

[LoneLaugher]

For the stupid people out there...

Let's say Joe Schmoe makes $100,000 and that is taxed at 20%, so he pays 20,000 in income taxes.

He has $80,000 left over to eat, party, etc so he goes wild and invests $10,000 of it for his retirement someday.

Now, why would he invest that $10,000 if he is going to pay 20% or higher again? That money has already been taxed before. He would be better off going on vacation, buying a new car and some new clothes with that money than taking a risk losing that $10,000 while being taxed all over again like the first time if he doesn't lose his investment.

Why would he have to pay tax on the invested principle?!?

It's the income stream that the investment generates that's subject to taxation, not the principle invested.

That's FUNNY, Dude!

And it was said with such conviction. A true believer.

 

[Uncensored2008]

Depends on if funny uncle Barry is going to use the half cookies he's collected to build a better public bridge, allowing me to invest in larger trucks to move my cookies at a lower cost and increase my taxable profits.

No - I'm basing the funny uncle on Barry Obama. He's going to squander what he takes on squatters who have invaded the basement, some to his buddies down at the bar who make sure you don't try to keep what you earned, and the rest to supporters in the house who ensure that Aunt Sarah doesn't go grizzly and kick his ass to the curb.

Fair and simple taxes, a public budget that's balanced by law, transparency in all things politics and then build an economy that your kids can drive to the stars.

It ain't rocket science.

Double taxation is neither fair nor simple. It's the greed of the government and looters looking to take what they didn't earn.

The left is driven by an insatiable greed for the earnings and assets of others. ALL direct taxes are unethical, this illustrates why. From 1784 to 1913, we managed to get along without direct taxation.

Abolish all income and capital gains taxes.

 

[jillian]

you're funny calling *him* an idiot. if you lose money on your investment, you don't get taxed on it.... depending on what the investment is in... eg, a business, you may be able to write it off as losses.

pretty funny...

Idiot....there is no gurantee one gets their investment money back or makes a dime on their investment.

Say you are a bagger at a grocery store that works on tips but you have to put $10 into a pot at the store to be allowed to work that day with no gurantee you will get your $10 back after working that day. Would you think it's fair you pay the same rate in taxes on your tips as some cashier that is guaranteed to make $10 every day just showing up for work.

For the stupid people out there...

Let's say Joe Schmoe makes $100,000 and that is taxed at 20%, so he pays 20,000 in income taxes.

He has $80,000 left over to eat, party, etc so he goes wild and invests $10,000 of it for his retirement someday.

Now, why would he invest that $10,000 if he is going to pay 20% or higher again? That money has already been taxed before. He would be better off going on vacation, buying a new car and some new clothes with that money than taking a risk losing that $10,000 while being taxed all over again like the first time if he doesn't lose his investment.

Why would he have to pay tax on the invested principle?!?

It's the income stream that the investment generates that's subject to taxation, not the principle invested.

That's FUNNY, Dude!

 

[GoneBezerk]

That asswipe admits he loves the fact that the money is taxed twice so Obamination can build a better bridge. All the time ignoring the true spending of that money is on entitlement bullshit that is breaking the bank.

I'm guessing that asswipe lives in the Boulder/Denver area and is the typical limp-wristed lib I see there.

Depends on if funny uncle Barry is going to use the half cookies he's collected to build a better public bridge, allowing me to invest in larger trucks to move my cookies at a lower cost and increase my taxable profits.

No - I'm basing the funny uncle on Barry Obama. He's going to squander what he takes on squatters who have invaded the basement, some to his buddies down at the bar who make sure you don't try to keep what you earned, and the rest to supporters in the house who ensure that Aunt Sarah doesn't go grizzly and kick his ass to the curb.

Fair and simple taxes, a public budget that's balanced by law, transparency in all things politics and then build an economy that your kids can drive to the stars.

It ain't rocket science.

Double taxation is neither fair nor simple. It's the greed of the government and looters looking to take what they didn't earn.

The left is driven by an insatiable greed for the earnings and assets of others. ALL direct taxes are unethical, this illustrates why. From 1784 to 1913, we managed to get along without direct taxation.

Abolish all income and capital gains taxes.

 

[AVG-JOE]

You're a typical lib, stupid whiner if someone calls you names.

Wikipedia wants your face for the definition of STUPID.

Let he who brings no game to the debate start with the childish insults.

I rest my case.

Trust me... I am typically nothing.... and you're the one invalidating your posts in politics with flames fit for a 12 year old.

This is so easy it's boring.

 

[GoneBezerk]

Oh look, another idiot.

Uh...the point is people are taking a risk investing that money and many times helping the economy so they should get a break in tax % if they even make any money.

They don't have to invest their money and the Govt shouldn't be trying to influence them not to invest it with higher taxes, but to actually invest it.

If the Govt took 35%-50% of your slot machine winnings, would you even play??? Most likely not.....

you're funny calling *him* an idiot. if you lose money on your investment, you don't get taxed on it.... depending on what the investment is in... eg, a business, you may be able to write it off as losses.

pretty funny...

Idiot....there is no gurantee one gets their investment money back or makes a dime on their investment.

Say you are a bagger at a grocery store that works on tips but you have to put $10 into a pot at the store to be allowed to work that day with no gurantee you will get your $10 back after working that day. Would you think it's fair you pay the same rate in taxes on your tips as some cashier that is guaranteed to make $10 every day just showing up for work.

Why would he have to pay tax on the invested principle?!?

It's the income stream that the investment generates that's subject to taxation, not the principle invested.

That's FUNNY, Dude!

 

[Cowman]

Neither one contributed anything of worth to society.

Lady Gaga entertains millions of Americans. Mitt Romney makes millions of conservatives grudgingly accept moderate flip flopping candidates. They have to constantly think about all the times they bitched about Kerry while they now accept Romney.

 

[GoneBezerk]

...and Cowmanure shows up to fill the 3rd Stooge spot for the libs here.

Ahhhh, she makes people feel good about themselves, such a worthy job.

Neither one contributed anything of worth to society.

Lady Gaga entertains millions of Americans. Mitt Romney makes millions of conservatives grudgingly accept moderate flip flopping candidates. They have to constantly think about all the times they bitched about Kerry while they now accept Romney.

 

[OtaniKitano]

Mitt made $21 mill last year Lady Gaga made over $90 Mil last year....So your point of him making too much money does nothing for me. I do not hear one person telling Lady Gaga to give up her money. So shut it!

What a compelling, insightful and rational analogy.


And to think...People like you are registered to vote.

 

[Cowman]

...and Cowmanure shows up to fill the 3 Stooge spot for the libs here.

Ahhhh, she makes people feel good about themselves, such a worthy job.

Neither one contributed anything of worth to society.

Lady Gaga entertains millions of Americans. Mitt Romney makes millions of conservatives grudgingly accept moderate flip flopping candidates. They have to constantly think about all the times they bitched about Kerry while they now accept Romney.

Is that what I said retard?

 

[GoneBezerk]

I think libs should get a piece of their own medicine in Vegas.

If they are gambling, the taxman should be able to take 35%-50% of what they win at the table/slot machine before they are allowed to leave the casino. Throw $50 into the slot machine and only win $20 back, well the taxman gets to take $10 of it before you can leave the casino.....or they break your legs.

 

[GoneBezerk]

I'd like to see you use that word around the Special Olympics.....

...and Cowmanure shows up to fill the 3 Stooge spot for the libs here.

Ahhhh, she makes people feel good about themselves, such a worthy job.

Lady Gaga entertains millions of Americans. Mitt Romney makes millions of conservatives grudgingly accept moderate flip flopping candidates. They have to constantly think about all the times they bitched about Kerry while they now accept Romney.

Is that what I said retard?

 

[Misty]

I would bet that both of them pay millions, MILLIONS, to the government every year.

And I'm sure gaga is learning to shelter her money just as quickly as any other millionaire because of how much they pay in taxes.

 

[Cowman]

I'd like to see you use that word around the Special Olympics.....

...and Cowmanure shows up to fill the 3 Stooge spot for the libs here.

Ahhhh, she makes people feel good about themselves, such a worthy job.

Is that what I said retard?

Why would I? I'm calling you a retard, not them. I don't utilize that word when discussing the mentally handicapped. I use it when discussing idiots like you.