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: Kenneth E. Phillipps who wrote (86884)	6/30/2010 5:22:02 PM
From: lorne	1 Recommendation Respond to of 224717

ken..."<<what you did to earn taxpayer money>> I more than earned it. I paid for it. I am still paying SS payroll taxes. In fact, I am paying them for the 206th consecutive quarter. That's 51.5 years. As a self employed person, I paid the employers and employees share for the past 37 years while also paying the same taxes for my Secretary. That is in addition to the income taxes I paid all those years."... I see, so you sound very upset that you had/have to do what most Americans have to do, why is that? don't you like spreading your wealth around to those who don't work? Your idol hussein will be very upset with you. Do you mind paying a bit for illegal immigrant health care? So you figure paying taxes entitles you to taxpayer money...interesting.

To: Kenneth E. Phillipps who wrote (86884)	6/30/2010 6:04:06 PM
From: Sedohr Nod	3 Recommendations Respond to of 224717

taxes I paid all those years We need to keep you going so you can continue to pay all those taxes for years to come......If you get sick, we'll try to smuggle you into Canada or Cuba for some of that "already" superb healthcare. Whatever you do, don't let Obama-icans know you've been productive....you will become an enemy of the new hope & change state.

To: Kenneth E. Phillipps who wrote (86884)	6/30/2010 10:27:34 PM
From: Hope Praytochange	Respond to of 224717

As a self employed person, kennyboy follows role model taxcheater ?

To: Kenneth E. Phillipps who wrote (86884)	6/30/2010 10:31:09 PM
From: Hope Praytochange	Respond to of 224717

I eventually got to my trademark question about what the owner was going to do when he decided to retire. “I’ll probably sell it,” he said, “although I don’t know what it’s worth.” I told him that, when the day came, his financial statements would help determine an asking price. He said he didn’t have any. “Tax returns,” I asked? Nope. I suddenly realized I was patronizing a business that didn’t actually exist. While this is an extreme example, there are many business owners who fail to report all of their business income on their tax returns and financial statements. The Internal Revenue Service has estimated the net tax gap of business income to be more than $100 billion. Many of these businesses tend to be cash intensive: selfemployed kennyboy,convenience stores, restaurants, retail, auto shops, coin-operated car washes and laundromats. I don’t bump into these owners very much anymore, although I met several of them early on in my career as a business broker. The sequence of events was usually the same. I would ask for tax returns and profit and loss statements, and the top lines wouldn’t match.

To: Kenneth E. Phillipps who wrote (86884)	7/1/2010 8:52:26 AM
From: Hope Praytochange	Read Replies (1) \| Respond to of 224717

NEW YORK (Dow Jones)--U.S. stock futures sank Thursday after jobless claims unexpectedly rose and disappointing Chinese manufacturing data stirred concerns over global growth. Following the reports, Dow Jones Industrial Average futures fell 46 points to 9670, Standard & Poor's 500-share futures dropped 7 points to 1020 and Nasdaq Composite futures slid 12 points to 1726. Prior to the data, Dow futures had been down 17 points, S&P futures slipped 3 and Nasdaq 100 futures fell 5. Changes in stock futures do not always accurately predict market moves after the bell. On Wednesday, the S&P 500 ended the second quarter down 11.9%, its worst quarterly performance since the fourth quarter of 2008. The Labor Department said Thursday that the number of U.S. workers filing initial claims for jobless benefits increased by 13,000 to 472,000 in the week ended June 26. The previous week's level was revised upward as well, from 457, 000 to 459,000. Economists surveyed by Dow Jones Newswires had expected claims would fall by 2,000.