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

To: Kenneth E. Phillipps who wrote (82917)4/22/2010 11:47:43 AM
From: JakeStraw2 Recommendations  Respond to of 224729
 
“Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands.”
-Judge Learned Hand



To: Kenneth E. Phillipps who wrote (82917)4/22/2010 11:54:52 AM
From: chartseer1 Recommendation  Read Replies (1) | Respond to of 224729
 
oh bummer! What is truth? Short-term capital gains are taxed at the investor's ordinary income tax rate. Was hank paulsons trades long or short term?

Don't worry!Be happy!

the hopeless comrade chartseer in the new era of hope


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