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#26 |
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Just hanging out.
Join Date: Aug 2005
Location: Denver
Posts: 11,119
Adopt-a-Bronco: The Team |
Is that a CA thing?
Investors.....who make up the majority of the 1%, don't pay a dime. Those tax rates are 15% or less.......and you'll have difficulty finding the 'job creators' amongst them, despite the disinformation to the contrary. |
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#27 | |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 49,109
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#28 |
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www.dailydickpunch.com
Join Date: Feb 2009
Location: Steamboat Springs
Posts: 9,820
Adopt-a-Bronco: "Debo" Franklin |
Isn't desiring secession, like, treason and stuff?
__________________
Nobody puts Jay-bee in the corner. |
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#29 |
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www.dailydickpunch.com
Join Date: Feb 2009
Location: Steamboat Springs
Posts: 9,820
Adopt-a-Bronco: "Debo" Franklin |
__________________
Nobody puts Jay-bee in the corner. |
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#30 |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 49,109
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#31 |
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golden knife winner
Join Date: Jan 2006
Location: colorado springs area
Posts: 2,822
Adopt-a-Bronco: ray lewis knife |
ok im all for it colorado is now manningstan all non bronco fans gtfo NOW !!!
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#32 | |
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"Whoa Nellie"
Join Date: Mar 2009
Posts: 6,379
Adopt-a-Bronco: mellon head |
Quote:
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#33 | |
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Ring of Famer
Join Date: Nov 2006
Posts: 3,879
Adopt-a-Bronco: None |
Quote:
Of course, whatever miniscule (in comparison to the capgains) amount of taxable wages they have they'll pay income tax on, but not the capgains. This is why, for example, Steve Jobs took $1 salary a year. So he could completely avoid income tax. Most aren't that extreme, but the vast bulk of the upper 15 earnings is in capgains. |
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#34 |
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Ring of Famer
Join Date: Oct 2003
Posts: 9,130
Adopt-a-Bronco: Quinton Carter |
https://petitions.whitehouse.gov/pet...erity/WRxrCmkD
Peacefully withdraw the District of Colombia from the Union to allow the Several States to live in Peace and Prosperity. ![]() |
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#35 |
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aka mav_7. who?
Join Date: Apr 2004
Location: VA (heart is in TX)
Posts: 3,496
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#36 |
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A verbis ad verbera
Join Date: Mar 2006
Location: Long Beach
Posts: 32,881
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Answer this. Should capital gains tax be less then income tax?
Remember the house you sell for a profit could have went down in value. The stock could have crashed. The business you didn't build could have went under. So when these people make money remember they could have lost money. So should capital gains be raised? Maybe a smart move would be to target just the CEO's taking stock options instead of pay, for companies whose stock is already worth a lot of money. IMO start ups are different. You people realize sometimes a software engineer, etc will work for next to nothing hoping the stock option he is paid in become worth millions. But it doesn't always work out. So many varibles to different investments and dollars that come through capital gains. it will take a sharp knife making minute adjustments to it, or you risk really screwing some Americans who didn't deserve it. The CEO's you liberals are pissed at make up a very small % of people who pay capital gains. Even guys who may go a few yrs with little income working on a big project. Then when payoff comes they make millions. Still though they deserve a lower rate. That **** is risky. The landscape littered with investors who lost it all. it's a joke that people think capital gains should go up. 15% is plenty high. |
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#37 |
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aka mav_7. who?
Join Date: Apr 2004
Location: VA (heart is in TX)
Posts: 3,496
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No.
Texas was the Republic of Texas before becoming a part of the Union. I'm sure the colonies were not allowed to split off from the British Empire either. I don't think it'll happen, but maybe (just maybe) the talk of it occuring will be a nice little motivational slap to ALL politicians to let them know that things are not right with this country. |
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#38 | |
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Opinionated A******
Join Date: Oct 2004
Location: PDX (Portland OR)
Posts: 4,670
Adopt-a-Bronco: J. D. Walton |
Quote:
Also, the states that seceded were called Rebels. As to whether there is any legal ground to secede, the SCOTUS ruled that secession is not legal after the civil war ended, but that was a political expediency. I don't know if the full population of a state voting to secede in a timed staged sequence could be considered to meet the States and US constitution, since almost all state constitutions reserve the right to thorw off any form of government when it does not meet the test of protecting and serving the people. And there is no direct mention of secession in any part of the US constitution. I know that the state legislature of any state voting to secede without a general election would be frowned on by the US government, as rebellion. And in checking, Texas does not have any clause or statement reserving the right to secede in it's constitution. It does have a clause that it can divide itself into 5 separate states. ( this was due to the free state -slave state problem when it was annexed, and the fact that part of Texas is north of the Mason Dixon line) |
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#39 | |
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www.dailydickpunch.com
Join Date: Feb 2009
Location: Steamboat Springs
Posts: 9,820
Adopt-a-Bronco: "Debo" Franklin |
Quote:
__________________
Nobody puts Jay-bee in the corner. |
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#40 |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 49,109
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The traitors also betrayed the United States simply in order to keep black people in chains. Sherman should have burned South Carolina to ash and then salted the Earth so it would still be a scorched reminder as the birthplace of treason. Instead, we rebuilt the land of the traitors, and how do they repay us? By trying to destroy our government.
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#41 | |
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Atomic Meatball Keeper
Join Date: Aug 2004
Location: Hamilton, Ontario
Posts: 2,871
Adopt-a-Bronco: The Mc Rib |
Quote:
Yeah, us Canadians have been eying Michigan, and Minnesota, we are gonna hold out until Alaska files its papers tho before we send the troops out to build our land mass. |
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#42 | |
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Just hanging out.
Join Date: Aug 2005
Location: Denver
Posts: 11,119
Adopt-a-Bronco: The Team |
Quote:
The top earners pay even less than 15% if they are invested correctly.....and make use of offshore tax havens/schemes. As for risk, it's only a problem when you sell prematurely. During the crash, millions dumped stocks in a panic, the 'investors' stood pat and bought on the uptick. It's a pattern that repeats itself frequently, only this time, the losses were great for those who sold, and the profits huge for those who bought. The rich got much richer. It's time they paid their share of the burden that fell on the rest of the country, instead of moving billions offshore to avoid paying taxes. |
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#43 |
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STOP!
Join Date: Dec 2002
Location: In a van down by the river
Posts: 11,104
Adopt-a-Bronco: Von Miller |
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#44 |
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~~~
Join Date: Feb 2006
Location: Earth Division
Posts: 19,866
Adopt-a-Bronco: Gilgamesh |
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#45 | |
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Fan of the home team
Join Date: Dec 2002
Location: Durango, Colorado
Posts: 12,107
Adopt-a-Bronco: Mark Schlereth |
Quote:
Industrial age would have happened with or without the Civil war. I cannot think of anything good that came from that conflict. Mao Tse Tung (Chinese legendary leader) rightfully called WWI and WWII as Europe's civil war. Interesting perspective to be sure. America will probably dissolve within the next 100 years. It is unfortunate but even the best of empire collapses. |
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#46 |
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Fan of the home team
Join Date: Dec 2002
Location: Durango, Colorado
Posts: 12,107
Adopt-a-Bronco: Mark Schlereth |
If we gave you Michigan and Minnesota you would probably give them right back. It would probably wreck your economy! HA!
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#47 | |
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WHAT IS YOUR PROFESSION
Join Date: Jul 2006
Location: Lansing, MI
Posts: 5,110
Adopt-a-Bronco: Demon Eagles |
Quote:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3798 10 Things You Need to Know About Capital Gains 1. Capital gains tax rates are the lowest since the Great Depression. 2. There’s no evidence that low capital gains tax rates boost the stock market, investment, or the economy. The Congressional Research Service (CRS) found no statistically significant correlation between the top capital gains or marginal income tax rates since 1945 and: (1) private saving; (2) investment; (3) growth in labor productivity; or (4) growth in real per capita GDP. 3. A large share of capital gains is never subject to capital gains tax. Unrealized capital gains (i.e., capital gains that have not been “cashed in”) make up an estimated 36 percent of the value of all estates and 56 percent of the value of estates worth more than $10 million. Moreover, estates worth less than $5 million per person ($10 million per couple) are exempt from the estate tax, so their unrealized capital gains will face neither capital gains tax nor estate tax. 4. Capital gains are highly concentrated at the top. The top 20% of households receive 94% of all capital gains. 5. The benefits of preferential tax rates for capital gains and dividends go overwhelmingly to the highest-income taxpayers. TPC estimates that, in 2011, the preferential rates raised after-tax incomes by 7.5 percent (an average of $356,750) among the top 0.1 percent of taxpayers but by just 0.1 percent (an average of $23) among the middle fifth of households. 6. The 2003 cut in the capital gains rate cut was highly regressive. The 2005 cut from 20%-15% alone raised after-tax incomes by 2.2 percent (about $75,800 on average) among the top 0.1 percent of filers but by just 0.03 percent (about $10) among the middle 20 percent of filers. 7. The capital gains tax preference is a major reason why the tax code violates the Buffett rule. households with incomes between $50,000 and $75,000 who receive most of their income from their paychecks (as middle-class people generally do) paid 14.9 percent of their income in federal income and payroll taxes in 2011, according to TPC. Millionaires who received more than a third of their income from capital gains and qualified dividends faced a 14.6 percent effective tax rate, and millionaires who derived more than two-thirds of their income from these sources faced a 12.0 percent rate. 8. Tax preferences for capital gains are inequitable. Two families who have the same amount of income and are otherwise similar in their expenses and family situations may end up paying vastly different amounts of tax depending on whether they generate most of their income from wages and salaries or from tax-preferred investments. 9. Tax preferences for capital gains are costly. Letting the capital gains rate return in 2013 to 20 percent for couples with adjusted gross incomes over $250,000 ($200,000 for single filers), as the Administration has proposed, would save about $36 billion over ten years. That’s more than the projected budget for the Food and Drug Administration over the same ten years. 10. Raising Capital Gains and Dividend Rates Would Have Little or No Impact on Most Elderly Households Nearly all elderly households (96 percent) had incomes below $200,000 in 2011. The Administration’s proposal to allow the capital gains rate to rise modestly for upper-income households wouldn’t affect these households at all. |
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#48 | |
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Ring of Famer
Join Date: Oct 2003
Posts: 9,130
Adopt-a-Bronco: Quinton Carter |
Quote:
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#49 |
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Fan of the home team
Join Date: Dec 2002
Location: Durango, Colorado
Posts: 12,107
Adopt-a-Bronco: Mark Schlereth |
Question: How do you petition AGAINST that?
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#50 |
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Ring of Famer
Join Date: Oct 2003
Posts: 9,130
Adopt-a-Bronco: Quinton Carter |
I found this one. There may be more.
https://petitions.whitehouse.gov/pet...nited/ZfpkwtSZ |
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