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oldtime
 

Registered: Jun 2011
Posts: 7479

 

09-26-12 06:19 PM

getting close to getting moved to politics and religion. It happens wherever you go. The topic is taxes.

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dewton
 

Registered: Jun 2006
Posts: 214

 

09-26-12 06:22 PM

Higher taxes = less money to pay off debt = more bankruptcies

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Cote Rotie
 

Registered: Sep 2012
Posts: 58

 

09-26-12 06:30 PM

But weren't Bush tax cuts in 2001 SUPPOSED to be a temporary stimulus to the economy? It seems people think they are supposed to be forever now.


Quote from dewton:

Higher taxes = less money to pay off debt = more bankruptcies

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Free Thinker
 

Registered: Nov 1999
Posts: 14316

 

09-26-12 06:33 PM


Quote from Cote Rotie:

But weren't Bush tax cuts in 2001 SUPPOSED to be a temporary stimulus to the economy? It seems people think they are supposed to be forever now.


yea and not only that but they didnt work:

http://www.elitetrader.com/vb/showt...threadid=249997

Bush-Era Tax Cuts For The Rich Do Little To Boost Economy, Job Market: Studies

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oldtime
 

Registered: Jun 2011
Posts: 7479

 

09-26-12 06:44 PM


Quote from Free Thinker:

yea and not only that but they didnt work:

http://www.elitetrader.com/vb/showt...threadid=249997

Bush-Era Tax Cuts For The Rich Do Little To Boost Economy, Job Market: Studies

no but they are sure damned determined to keep them for the lower rate. The same that fought against them are now pledging to preserve them

The democrats want to tax the rich so bad that they are holding the middle class hostage

or how does it go? Oh yeah, the republicans want to give tax breaks (that's what they call not raising taxes) to the rich so bad that they are holding the middle class hostage.

piezoe is right, no solution will be found in taxes, either raising them, cutting them or keeping them the same

and I am probably one of the few traders here who makes money spending. But it involves averaging down and is very risky.

I'm not sure anyone in government understands just how risky averaging down can be. They are like losing traders who will do anything to prevent a loss.

So it's one two three what are we what we spending for?
Who cares I don't give a damn
Next step is bombing Iran

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AKUMATOTENSHI
 

Registered: Jul 2006
Posts: 773

 

09-27-12 06:38 PM


Quote from BSAM:

Today's taxing is the theft of your money so the D.C. whores can be spending it on what makes them happy via the "deals" they are constantly making.



You got it. By this illogical system fro my experience the working tax payer gets robbed by a non compliant. The non compliant person gets sent to prison at the the working tax payers expense. The working tax payer then is burdened with assisting the the non compliant felon back into the system. More transfer payments are needed. The felon then commits more felonies and the cycle starts all over. One of the only options is to stop working so that no more DC free money gets placed into the hands of the politicians. The Obmacare system will turn into a giant slush fund to keep the BS going. It is only a matter of time before the DC figures out how to divert health care money into other projects.
The situation has become a no win by any stretch of human imagination.

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