After 60+ years, Tax Reform on the way - GoFuckYourself.com - Adult Webmaster Forum

X

Brujah

Beer Money Baron

Join Date: Jan 2001

Posts: 22157
Share

Post
#1

After 60+ years, Tax Reform on the way

07-09-2011, 02:39 PM

Next week, the House and Senate tax-writing committees will hold a joint session on tax reform for the first time since 1940.
http://www.npr.org/2011/07/09/137729...de-gains-steam

Free Premium Domain Lists and Tools at Clickmojo.com

For Sale: Obscenity.com
Tags: None
NaughtyVisions

Confirmed User

Join Date: May 2008

Posts: 4204
Share

Post
#2

07-09-2011, 03:19 PM

www.fairtax.org

Online strip gaming with sexy gamer girls
Best thing I ever signed up for: Quality Razors, Cheap Price
Comment
bronco67

Too lazy to set a custom title

Join Date: Dec 2006

Posts: 29032
Share

Post
#3

07-09-2011, 03:27 PM

Whatever the reform will be, you can bet it involves large corporation who make large campaign donations will be paying almost no taxes.
Comment
JJ Gold

Confirmed User

Join Date: Aug 2004

Posts: 1969
Share

Post
#4

07-09-2011, 03:38 PM

Originally posted by Brujah

Next week, the House and Senate tax-writing committees will hold a joint session on tax reform for the first time since 1940.
http://www.npr.org/2011/07/09/137729...de-gains-steam

So NPR's idea of "tax reform" is raising capital gains rates? Fuck that commie bullshit.
Comment
GatorB

The Demon & 12clicks

Join Date: Oct 2001

Posts: 18208
Share

Post
#5

07-09-2011, 03:42 PM

Originally posted by NaughtyVisions

www.fairtax.org

More like bullshit tax. Ok first of all 23% would NOT be enough to cover the budget. All the experts say it would be closer to 30% even at 23% it hard enouhg paying 9.75% state/local sales tax now you want me to pay an ADDITIONAL 23% Federal sales tax? Why so some millionaire can pay less? Fuck that shit. You know requiring me to pay $33% sales tax will cause me to spend LESS not more and since consumer spending is 70% of the economy that's not going to bode well now is it?
Comment
L-Pink

working on my tan

Join Date: Mar 2005

Posts: 39151
Share

Post
#6

07-09-2011, 03:44 PM

Originally posted by JJ Gold

So NPR's idea of "tax reform" is raising capital gains rates? Fuck that commie bullshit.

Cap Gains isn't the problem.

If I guess wrong on a long term investment I only get to deduct $3000 a year but if I make a good call I get taxed to the max? Yea that's fair.

.
Comment
kane

Too lazy to set a custom title

Join Date: Aug 2001

Posts: 20684
Share

Post
#7

07-09-2011, 03:48 PM

I would guess that we will see some loopholes being closed in some of the tax laws pretty soon. I think that is how the republicans are going to save face on the debt ceiling battle. They will agree to some tax code changes in exchange for no new tax increases and they will do some spending cuts.

This way both sides can claim a victory and some people will end up paying more in taxes without having actually raised the tax rate.
Comment
JJ Gold

Confirmed User

Join Date: Aug 2004

Posts: 1969
Share

Post
#8

07-09-2011, 03:51 PM

Originally posted by L-Pink

Cap Gains isn't the problem.

If I guess wrong on a long term investment I only get to deduct $3000 a year but if I make a good call I get taxed to the max? Yea that's fair.

.

Exactly. There should not be a punishment for putting capital at risk. There should be no limit to capital loss deductions and dividends should be taxed at a zero rate since they are already taxed as profits from the corporation.
Comment
GatorB

The Demon & 12clicks

Join Date: Oct 2001

Posts: 18208
Share

Post
#9

07-09-2011, 03:56 PM

Originally posted by JJ Gold

So NPR's idea of "tax reform" is raising capital gains rates? Fuck that commie bullshit.

Yes let people whose ONLY income is capital gains pay LESS than a minimum wage worker. Warren Buffet makes nearly 100% f his income on capital gains and he's for raising the rate. He's FAR more effected by it than you so his opinion counts more than yours. I think a guy worth $50 bil had just a bit more clout than you in financial matters. Sorry you lose.
Comment
GatorB

The Demon & 12clicks

Join Date: Oct 2001

Posts: 18208
Share

Post
#10

07-09-2011, 03:59 PM

Originally posted by JJ Gold

Exactly. There should not be a punishment for putting capital at risk. There should be no limit to capital loss deductions and dividends should be taxed at a zero rate since they are already taxed as profits from the corporation.

There is no punishment. What you want is to make millions of dollars and pay ZERO taxes. Well fuck you and the horse you rode in on.
Comment
Vendzilla

Biker Gnome

Join Date: Mar 2004

Posts: 23200
Share

Post
#11

07-09-2011, 04:01 PM

Nothing will happen, atleast before the 2012 elections

Webair died?
Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
Comment
L-Pink

working on my tan

Join Date: Mar 2005

Posts: 39151
Share

Post
#12

07-09-2011, 04:02 PM

Originally posted by GatorB

Yes let people whose ONLY income is capital gains pay LESS than a minimum wage worker. Warren Buffet makes nearly 100% f his income on capital gains and he's for raising the rate. He's FAR more effected by it than you so his opinion counts more than yours. I think a guy worth $50 bil had just a bit more clout than you in financial matters. Sorry you lose.

At the end of the day the wage worker is GUARANTEED his money, I'm not I might lose it all. And don't forget I'm taking the risk with after tax money. Money I've probably paid the max tax on at one time.

.
Comment
Barry-xlovecam

It's 42

Join Date: Jun 2010

Posts: 18083
Share

Post
#13

07-09-2011, 04:04 PM

Here we go ? grab the KY ...
Comment
L-Pink

working on my tan

Join Date: Mar 2005

Posts: 39151
Share

Post
#14

07-09-2011, 04:07 PM

Originally posted by GatorB

There is no punishment. What you want is to make millions of dollars and pay ZERO taxes. Well fuck you and the horse you rode in on.

Where did ZERO come from? That's incorrect. I'm paying 20%

.

Last edited by L-Pink; 07-09-2011, 04:13 PM.
Comment
L-Pink

working on my tan

Join Date: Mar 2005

Posts: 39151
Share

Post
#15

07-09-2011, 04:21 PM

Originally posted by GatorB

There is no punishment. What you want is to make millions of dollars and pay ZERO taxes. Well fuck you and the horse you rode in on.

Some BIG corporations might pay zero in federal taxes but investors in that companies stock pay cap gains if they make a profit.

As far as your wage earner investor the most likely investment he will ever make is a house. The profit/cap gain on that investment is zero. He's benefiting from cap gains far more than a stock or commercial property investor.

.
Comment
TheDoc

Too lazy to set a custom title

Join Date: Jul 2001

Posts: 13827
Share

Post
#16

07-09-2011, 04:41 PM

How about a huge sales tax, equal, across the board, b to c, c to c and b to b, everyone, any transaction of any type - every product type is taxed. No other taxes of any kind. From State to the Fed.

If you're rich and don't want to be taxed, don't buy anything. If you're poor you're not taxed because you can't buy anything. If you're poor and want to be stupid, you're going to pay for it.... same goes for the rich that blows everything they have.

~TheDoc - ICQ7765825
It's all disambiguation
Comment
L-Pink

working on my tan

Join Date: Mar 2005

Posts: 39151
Share

Post
#17

07-09-2011, 04:46 PM

Originally posted by TheDoc

How about a huge sales tax, equal, across the board, b to c, c to c and b to b, everyone, any transaction of any type - every product type is taxed. No other taxes of any kind. From State to the Fed.

If you're rich and don't want to be taxed, don't buy anything. If you're poor you're not taxed because you can't buy anything. If you're poor and want to be stupid, you're going to pay for it.... same goes for the rich that blows everything they have.

With the exception of a b to b purchase that is intended for resale. I totally agree. Maybe add a small 5% tax on all income over a certain amount as well with NO deductions of any kind.

.

Last edited by L-Pink; 07-09-2011, 04:48 PM.
Comment
D Ghost

null

Join Date: May 2006

Posts: 9820
Share

Post
#18

07-09-2011, 05:02 PM

Originally posted by GatorB

Yes let people whose ONLY income is capital gains pay LESS than a minimum wage worker. Warren Buffet makes nearly 100% f his income on capital gains and he's for raising the rate. He's FAR more effected by it than you so his opinion counts more than yours. I think a guy worth $50 bil had just a bit more clout than you in financial matters. Sorry you lose.
Comment
JJ Gold

Confirmed User

Join Date: Aug 2004

Posts: 1969
Share

Post
#19

07-09-2011, 05:03 PM

Originally posted by GatorB

Yes let people whose ONLY income is capital gains pay LESS than a minimum wage worker. Warren Buffet makes nearly 100% f his income on capital gains and he's for raising the rate. He's FAR more effected by it than you so his opinion counts more than yours. I think a guy worth $50 bil had just a bit more clout than you in financial matters. Sorry you lose.

A minimum wage worker pays ZERO in income taxes and will in fact receive MONEY BACK from the IRS from the Earned Income Tax credit.

Go peddle your commie dribble in the kiddie pool.
Comment
marketsmart

HOMICIDAL TROLL KILLER

Join Date: Dec 2004

Posts: 20419
Share

Post
#20

07-09-2011, 05:19 PM

Originally posted by JJ Gold

A minimum wage worker pays ZERO in income taxes and will in fact receive MONEY BACK from the IRS from the Earned Income Tax credit.

Go peddle your commie dribble in the kiddie pool.

ok dumb shit.. do you understand a minimum wage earner can barely support himself in this country... you want to tax him so he decides he would rather suck on the govt tit than go to work?

where did you get your economics degree? inside a cracker jack box?

minimum wage workers pay tax on goods and frankly i think that is fair..

.
Comment
JJ Gold

Confirmed User

Join Date: Aug 2004

Posts: 1969
Share

Post
#21

07-09-2011, 05:25 PM

Originally posted by marketsmart

ok dumb shit.. do you understand a minimum wage earner can barely support himself in this country... you want to tax him so he decides he would rather suck on the govt tit than go to work?

.

Absolutely not. I have nothing but love for the minimum wage worker and I do not want them to pay any income taxes (as is currently the case).

GatorB stated "people whose ONLY income is capital gains pay LESS than a minimum wage worker".

That is nonsense because minimum wage workers do not pay any income tax and in fact receive money back from the Earned Income Tax Credit.
Comment
TheDoc

Too lazy to set a custom title

Join Date: Jul 2001

Posts: 13827
Share

Post
#22

07-09-2011, 05:27 PM

Originally posted by L-Pink

With the exception of a b to b purchase that is intended for resale. I totally agree. Maybe add a small 5% tax on all income over a certain amount as well with NO deductions of any kind.

.

Sounds good to me... now if we could only get corps not have the rights of people anymore and the owners actually be responsible for the actions of the corps, this country might get back on its feet.

~TheDoc - ICQ7765825
It's all disambiguation
Comment
L-Pink

working on my tan

Join Date: Mar 2005

Posts: 39151
Share

Post
#23

07-09-2011, 05:32 PM

Originally posted by TheDoc

Sounds good to me... now if we could only get corps not have the rights of people anymore and the owners actually be responsible for the actions of the corps, this country might get back on its feet.

That's also a way to collect money from those that work off the books. Which is a figure that is probably staggering.

.
Comment
GetSCORECash

Confirmed User

Join Date: Mar 2008

Posts: 5527
Share

Post
#24

07-09-2011, 05:37 PM

Originally posted by TheDoc

How about a huge sales tax, equal, across the board, b to c, c to c and b to b, everyone, any transaction of any type - every product type is taxed. No other taxes of any kind. From State to the Fed.

If you're rich and don't want to be taxed, don't buy anything. If you're poor you're not taxed because you can't buy anything. If you're poor and want to be stupid, you're going to pay for it.... same goes for the rich that blows everything they have.

ASK THE french or even the canadians. They call it a vat tax, you pay taxes at every point, and then you can fill out a form and get your tax money returned once you prove that you taxed the next guy that received the product.

| skype: getscorecash | ICQ: 59-271-063 |
New Sites: | SCORELAND2 | Roku Channel SCORETV.TV | 60PLUSMILFS |
| Big Tit Hooker | Tits And Tugs | Big Boobs POV | Karla James |
| Naughty Foot Jobs | Linsey's World | Busty Arianna Sinn | Get SCORE Cash |
Comment
TheDoc

Too lazy to set a custom title

Join Date: Jul 2001

Posts: 13827
Share

Post
#25

07-09-2011, 05:46 PM

Originally posted by GetSCORECash

ASK THE french or even the canadians. They call it a vat tax, you pay taxes at every point, and then you can fill out a form and get your tax money returned once you prove that you taxed the next guy that received the product.

Aye, they would be great if they had no other taxes to go with it... Canadians get killed already then kicked in the balls for another 7% on most Canadian transactions.

I would want it 0% tax on everything else, from investments, labor tax, death, ect... straight up the purchase of all products/goods and services - ie: transactions of every kind. It would be high, and it might not be equal between income levels, but it is fair.

~TheDoc - ICQ7765825
It's all disambiguation
Comment
JJ Gold

Confirmed User

Join Date: Aug 2004

Posts: 1969
Share

Post
#26

07-09-2011, 05:49 PM

Originally posted by TheDoc

I would want it 0% tax on everything else, from investments, labor tax, death, ect... straight up the purchase of all products/goods and services - ie: transactions of every kind. It would be high, and it might not be equal between income levels, but it is fair.
Comment

Previous template Next

Working...