Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (710991)	11/3/2005 6:45:58 PM
From: CalculatedRisk	Respond to of 769667

Bush's Ratings Still Sink Over War, Court news.yahoo.com WASHINGTON - President Bush's job approval has fallen to the lowest level of his presidency amid worries over the Iraq war, a fumbled Supreme Court nomination, the indictment of one White House aide and uncertainty about another. Concerned that the president has lost his footing, some influential Republicans are urging Bush to shake up his staff and bring in new blood. A new AP-Ipsos poll found Bush's approval rating was at 37 percent, compared with 39 percent a month ago. About 59 percent of those surveyed said they disapproved. The intensity of disapproval is the strongest to date, with 42 percent now saying they "strongly disapprove" of how Bush is handling his job — twice as many as the 20 percent who said they "strongly approve." <MORE>

To: DuckTapeSunroof who wrote (710991)	11/3/2005 9:52:15 PM
From: Peter Dierks	Read Replies (1) \| Respond to of 769667

Buddy. You have posted innumerable times your preference for triple taxation. You seem not to like having this pointed out about you so you make up things about me while claiming you are lack the ability to comprehend that you support triple taxation. Accounting theory is not for the faint fo heart. Comprehensive Income is the change in equity (net assets) of an entity during a period of transactions and other events and circumstances from non-owner resources. (FASB 1980, para 56) Admittedly this is a balance sheet oriented approach to income measurement, but it is more accurate that the revenue - expenses approach favored in Income Statement accounting. It is may be more difficult for some people to understand. "ALL income should be taxed at one FLAT rate and with a bare MINIMUM of exceptions/loopholes/special preferences, " Except that you prefer to tax it at that one flat rate multiple times. Every time it is transferred from one entity to another. An extension of that theory would ban all deductions: businesses would simply be taxed based on revenue without regard for expenses. "You, on the other-hand, appear from my perspective to be a supporter of lots of loopholes in a complicated," The author of that quote appears to lack the ability to comprehend what I write. "and special treatment and special rates for whatever groups you personally seem to favor" Balderdash. I favor income being taxed a single time. You favor taxation of the same income event at the corporate level, then dividend or capital gains and then again at inheritance. There is no favoritism about taxing income a single time. Your preference seems to be slanted towards earn to spend consumption oriented non savers. While you are entitled to prefer the unfair taxation of capital formation, it is only your preference, not a high moral cause. "with the government continuing to pick and choose 'winners and losers' by manipulating the special preferences in the tax codes.)" Exactly. By taxing income only once, government no longer favors wage earners over accumulators of wealth. Single taxation would favor no one and would be fairer and more equitable.