Re: Bush Tax Cuts, now Obama Tax Cuts !
posted at 1/4/2013 8:48 AM EST
In response to jmel's comment:
In response to skeeter20's comment:
In response to ImYourDaddy's comment:
In response to WhatDoYouWantNow's comment:
In response to jmel's comment:
What`s this got to do with tax cuts for everyone?
I'm not sure how else to respond. You seem to think it's very important that everyone got a tax cut of some sort.
I pointed out that: "The wealthy benefitted more than the middle class from the cuts they received. They also needed them FAR LESS."
To which you re-iterated "That`s some strange math you`re doing. If someone paying 31% got cut to 28% and someone paying 18% got cut to 15%..........that`s the same ratio."
To which I had to explain: "As you know perfectly well, you are ignoring the fact that the people in the top bracket do not make their money through salary. They make their money through capital gains. People getting the 18% to 15% cut do not make their money through capital gains. Capital gains was reduced by 10"
The richest benefitted the most because they make their money at the 15% rate as a result of a drop from 25% to 15%.... I don't see what's so hard about this.
Capital gain ... requires you to have capital invested
Where do you get capital? from money that you already earned and TAXED!!!!!
Know the different between ... tax on wealth and tax on income
Does every investment yield income? see Facbook stocks or the housing market 2008 or stocks in AIG .... Do you think the government will give back 20% on capital LOST????
Rate are low because there are RISK to every investment. You ALWAY make a salary when you work and earn an income
I've treid for years to explain this to the moonbats on this board. They don't have the patience or intelligence to comprehend what you say. Or, maybe the guy who doles out their trust fund checks just don't explain it to them.
They don`t get it and never will. The incompetent says "millionaires and billionaires" and the 50.7% completely believe that $250k per year is "rich" or "wealthy". It`s a hatred and jealousy of success. It`s a disdain for Capitalism and they will NEVER get it until their EBT, welfare, food stamps, and Obamaphones stop showing up in their mama`s mailbox. All they understand is that someone is making more than them so they must be evil. They must be "1%". Understanding that the so-called "rich" pay the large majority of all taxes is incomprehensible for them.
I actually had a conversation (argument) with an old friend over the holidays. He was irate that doctors make more money than he does. He`s an electrician, does very well, got hit in the eye on the job. He was appalled at the cost of his appointment and treatment (100% covered by his union cadillac healthcare plan) and thought (thinks) all doctors should be paid the same and those wages should be similar to his.
This is what`s wrong with an Obama-America.
The BIG thing missing in all these moonbat posts on capital gains is the word "motivation". Moonbats are not motivated to earn more, and become irate and jealous when others are.
Face it. NO company gives an executive stock options becasue he or she is "entitled" to them. they earn them, or they go home.
This idea of being motivated to be successful makes the moonbats uncomfortable.