If the best counterargument you can come up with is "look, he made a typo", then I rest my case.Not necessarily, but I seriously doubt he has one worth reading after making that kind of mess up. It's a credibility issue.
Kind of like how you wouldn't take a doctor seriously if he pointed to the radius and said, "um, so that's the femur, right?".
There's a lot more to capital gains than just short-selling stocks. Whenever a home, business, or any other asset increases in value over time, that increase is a "capital gain." Govts tend to especially tax behaviour they wish to discourage (e.g. smoking). Much of a society's economic activity depends on investment. So, if a govt wishes to discourage economic activity, then by all means it should raise taxes on capital gains, thereby making all investments less profitable. A word of warning though; when it comes to creating jobs -- an ostensible demand of many occupods -- doing so is going to have the exact opposite effect.These taxes were around 50% before the Bush tax cuts and we were operating with a surplus... America was doing just fine with that. What does capitol gains and inheritance tax have to do with starting a business?
It has to do with short selling stocks and billionaire heirs...
Why? Why should the offspring of a farmer get such preferential treatment and not the children of someone who starts a business?There has always been a farm exception...
Yes, I know you don't care about businesses. You obviously haven't struggled, and put your heart, soul, blood, sweat, and tears into starting one, and then worked day and night in order to keep it afloat....and I don't care about businesses the market will correct these problems.
Right, otherwise it's called "unrealized capital."Capitol gains tax is only paid when assets are sold...
I'm sorry to be this blunt, but you're fooling yourself. At the current state of America's debt, Obama could tax every millionaire in the U.S. 100% and still be unable to balance the budget. He's spending over $8 trillion per year and bringing in $4 trillion in revenue. The problem isn't on the revenue side, it's in the spending....this will balance our budget at the expense of mainly Wall St. and day traders. to heck with them I don't care about the 1% only us the 99%
BE IT FURTHER RESOLVED that IF the PETITION OF GRIEVANCES approved by the 870 Delegates of the NATIONAL GENERAL ASSEMBLY in consultation with the PEOPLE, is not acted upon by Congress, the President, and Supreme Court, to the satisfaction of the Delegates of the NATIONAL GENERAL ASSEMBLY, said Delegates shall organize a THIRD, COMPLETELY NON-PARTISAN, INDEPENDENT POLITICAL PARTY to run candidates for every available Congressional seat in the mid-term election of 2014 and again in 2016 until all vestiges of the existing corrupt corporatocracy have been removed by the ballot box.
No, I wouldn't take a doctor seriously if he was essentially asking ME such a question. But verticordious' point doesn't rely on his properly identifying in which historical document the rights to life, private ownership, and liberty are listed. His argument is merely that such rights as having your student loans forgiven, or a guaranteed job after earning a post-secondary degree are not listed anywhere.
this country is so divided, so sad.
There are many to blame for the economic turmoil this country is in.
Our government....taking our hard earned monies, and using it on nonsense. The most recent, blowing up a bridge, to save endangered fish....FISH!!
That's where you are going to fail, and where the tea party was much smarter than you kids.
Naturally, saving endangered species isn't nonsense; as God's people, his representatives, we're supposed to be good stewards of his creation. But at the same time, we shouldn't allow that concern to become so predominant that it paralyzes us into inaction.How is saving endangered species "nonsense"?
Worse, it's pure, unadulaterated, unvarnished evil.I assume you're referring to that so-called 99% Declaration/list of demands. If so, I agree, it's not really relevant -- nor is it realistic.
Worse, it's pure, unadulaterated, unvarnished evil.
I feel that raping the American economy and all of its people is what could be called, pure unadulaterated, unvarnished evil...
Why should a few thousand people get to own everything on this planet, when there are almost 8 billion souls on board. I don't think that is what Jesus wanted, especially since those few thousand people are the embodiment of evil.
I think God might want us to stand up for his planet and fight them, just sayin...
The American spring just might be coming to a town near you which side will you be on?
Good post.I'll be on the side of the tea party since they are adults about their approach. Besides, they are organized and already affecting change in our country without having to resort to creating and fostering environments of martyrdom for victim-hood. I mean really, ows wants another kent state so they can coerce support? Yea right, you sure fooled us.
The Robin Hood economic model is nowhere in our bible, stop supporting it.
Good post.
Stealing from the rich to give to the poor seems to appeal to some, but the greed and envy and jealousy on the part of those to whom it appeals, and who seem so totally justified with such lawlessness, is very scary indeed.
It also ignores the roots of the problem, which cannot be ascribed to those they want to blame for having more than they do. The root of the problem is a spiritual one, with those supporting such anarchy and bedlam wholly given over to purely selfish motives.
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