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 : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: MJ who wrote (69350)	7/25/2009 9:40:58 PM
From: MJ	Respond to of 224744

A little more detail on their taxes------------ Under insurance expense------- $29.04 for Hospitalization Premium, Blue Cross for the year Life Insurance $26.84 for year It appears that there was no separate medical insurance to cover doctors. They carried the doctors expenses out of pocket. mj

To: MJ who wrote (69350)	7/26/2009 4:58:13 PM
From: chartseer	Respond to of 224744

Oh bummer! I don't mean to sound depressing because I am not. I have never been so positive about a negative market. Just want the spending to continue for a while more. I love the "we have to spend our way out of bankruptcy" statements. They just encourage me. I love the "We need another stimulus package" statement too. Raise taxes on the wealthy. Brings to mind the yacht tax of the past. I for one could never understand a cap on the payroll tax. Never made any sense to me. Isn't the excess over $125,000.00 still a salary. Shouldn't Julia Roberts pay 15.5% of the whole 20,000,000.00 per picture she earns. Understandably she is self employed. The same with the pro athletes who all earn millions that they will most likely just squander away anyway. Meanwhile before they just squander it away they can help solve the hugh deficit problem staring us in the face. Lets not permit individuals to incorporate either to evade income taxes. Lets start considering all their earnings as salaries, subject to payroll taxes. Then lets put a cap on receiving social security. Lets say if you ever earned over $2,000,000. in any single year of your life you are then never entitled to receive social security. Social Security should only be for those who really will need it, like people who really never earned a huge amount in any single year in their whole lives. Paying Social Security to the wealthy is such a waste of good money. Imagine Warren Buffet receiving Social Security checks he don't need when he never really paid the full Social Security tax on his whole salary. Doesn't seem fair to me or Warren. Warren will surely agree he should have paid more and shouldn't receive anything. Right Warren? comrade chartseer