So you are going to sell your stock, where the current capital gains tax would take effect, spend it at the bar, all before Obama retroactively raises the tax and sends you a bill? Fuck Obama, but not understanding how financial markets work, or basic tax law for that matter, NF.
Well, once the Debt Supercommittee comes back in a month, they will most likely raise capital gains taxes to help deal with the debt situation seeing that most Americans hate that we are getting rich on our risks in the stock market. Thus by selling them now/in the near future, I will get the most I can for my risk in the stock market. Understanding very well what’s going on and anticipating the future, TFM
^ Missing the point. Americans do not care that you are successful, they care that the wealth gap has increased so dramatically. Over the past 10 years the middle class salary has increased 42%, while the top 1% has increased 400%. It is part of capitalism that wealth attracts wealth. But, it does not lend creedence to trickle down economics theory. If more money in the hands of the upper class (ie no taxes) meant more jobs, then we should not have an unemployment problem.
So I would say it is more that people are fed up with the idea that wealth will somehow trickle down, when time and time again it has been proven that it does not. Also, people are unhappy with the general idea that corporations have more sway over the government than voters. Which I myself, find deplorable. This country was founded on representative government and secular enlightened ideals, and the idea that the founding principles is being subverted by corporations is disgusting. Just my two cents.
^Honestly no one cares what you have to say. Get the fuck off of this website and suck your own dick. Also, hang yourself just like Brooks did in The Shawshank Redemption. No one wants to read your liberal bullshit.
I don’t talk to liberals, I don’t talk to yankees. Also I’m just too drunk too care brother. Go fuuck yerself. Did I “enlighten you”? Goddammit that was queer.
Capital gains tax is only on realized investments. All that matters is when you sell and realize your gain. When you spend your realized gains is completely irrelevant and would have absolutely no capital gains tax implications. You’re intelligence level is as deficient as Obama’s.
Never happened. Stop trying to impress people with stupid shit. It’d make no sense to blow money when there is still a great deal of profit to be made if you have sound investments.
So you are going to sell your stock, where the current capital gains tax would take effect, spend it at the bar, all before Obama retroactively raises the tax and sends you a bill? Fuck Obama, but not understanding how financial markets work, or basic tax law for that matter, NF.
14 years ago at 10:03 pmWell, once the Debt Supercommittee comes back in a month, they will most likely raise capital gains taxes to help deal with the debt situation seeing that most Americans hate that we are getting rich on our risks in the stock market. Thus by selling them now/in the near future, I will get the most I can for my risk in the stock market. Understanding very well what’s going on and anticipating the future, TFM
14 years ago at 10:16 pm^ Missing the point. Americans do not care that you are successful, they care that the wealth gap has increased so dramatically. Over the past 10 years the middle class salary has increased 42%, while the top 1% has increased 400%. It is part of capitalism that wealth attracts wealth. But, it does not lend creedence to trickle down economics theory. If more money in the hands of the upper class (ie no taxes) meant more jobs, then we should not have an unemployment problem.
So I would say it is more that people are fed up with the idea that wealth will somehow trickle down, when time and time again it has been proven that it does not. Also, people are unhappy with the general idea that corporations have more sway over the government than voters. Which I myself, find deplorable. This country was founded on representative government and secular enlightened ideals, and the idea that the founding principles is being subverted by corporations is disgusting. Just my two cents.
14 years ago at 1:09 am^Honestly no one cares what you have to say. Get the fuck off of this website and suck your own dick. Also, hang yourself just like Brooks did in The Shawshank Redemption. No one wants to read your liberal bullshit.
14 years ago at 1:16 amWhy thou mad? Is it because you can not come up with a clear and concise rebuttal to my statements?
Not being able to argue for your own positions. NF.
On a side note, I was just pointing out an inconsistency in Captain Fratdaddy’s idea that other Americans are jealous of his wealth.
14 years ago at 1:18 amAlso, I believe you are the NF one. I was defending our country’s founding principles, which you just called “liberal bullshit”.
Why do you hate America?
14 years ago at 1:19 amGoddammit kid. You just don’t understand.Get the fuck off of this planet.
14 years ago at 1:20 amEnlighten me then. Make a counter point, do something to defend yourself man!
Otherwise, you are admitting defeat through lack of explanation.
14 years ago at 1:31 amI don’t talk to liberals, I don’t talk to yankees. Also I’m just too drunk too care brother. Go fuuck yerself. Did I “enlighten you”? Goddammit that was queer.
14 years ago at 2:40 amLol. It is because you can not think of a logical rebuttal. You lose this battle.
14 years ago at 10:40 amBlasphemy. NF
14 years ago at 11:00 amCapital gains tax is only on realized investments. All that matters is when you sell and realize your gain. When you spend your realized gains is completely irrelevant and would have absolutely no capital gains tax implications. You’re intelligence level is as deficient as Obama’s.
14 years ago at 10:19 pmThank you sir. Apparently I did not explain this clear enough.
14 years ago at 10:24 pm*Your.
14 years ago at 10:26 pmYou’re dad is a dumbass.
14 years ago at 9:06 amYour*
14 years ago at 9:06 amSure he did…
14 years ago at 1:53 pmNever happened. Stop trying to impress people with stupid shit. It’d make no sense to blow money when there is still a great deal of profit to be made if you have sound investments.
14 years ago at 2:21 pm