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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (7726)1/29/2012 4:49:10 PM
From: grusum1 Recommendation  Respond to of 85487
 
how should capital gains be taxed in our nation.

zero, to bring a stronger economy to everyone.

How should dividends be taxed?

again, zero.

What is fair?

objectively, anything that is mutually agreed upon. for instance, if your employer agrees to pay you a certain wage, and you agree to work for that wage, it's a fair wage.

I submit life is simply not fair

right, because it's impossible to have a mutual agreement with it. it is what it is.



To: Bearcatbob who wrote (7726)1/29/2012 6:51:25 PM
From: Logain Ablar1 Recommendation  Read Replies (1) | Respond to of 85487
 
Bob

I agree life is not fair.

I am not a happy camper when I read about people wanting things to be fair by their defination with no clue as to what the risk takers have done to create their wealth.

I've leared it is an effort in futility to convince them. Fair is just the takers way of taking from others and the others by the most part have made significant sacrafices throughout their lives to have what the takers want.

Dividends by defination are a distribution from after tax income. They have already been taxed.

Ask your self why Warren Buffet is doing deals with Goldman, GE, Bank of America where he is not "loaning" but investing in preferred stock. So Berkshire receives dividends which are subject to an 80% exclusion. Maybe they should close that "loophole" at the same time.

Tim