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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (1668)7/15/2014 11:22:28 AM
From: robert b furman  Read Replies (1) | Respond to of 26886
 
Hi Kirk,

Since we are the safest there should even be a premium (higher tax rate)

What needs to be pointed out is that we are one of the very highest - the result of congressional greed.

Wipe out all the loop holes and reduce the tax rates - so even the little guy gets a break vs this tax loop holes designed by the smartest guy in the room.

Bob



To: Kirk © who wrote (1668)7/15/2014 12:48:09 PM
From: Jerome  Respond to of 26886
 
Howdy Kirk....I agree wlth your ideas for tax reform......but it ain't gonna happen with Congress being equally divided as it is now.

Republicans and Democrats have distinctly different ideas on what constitutes tax reform.

Republicans want to lower corporate taxes and give more tax breaks to corporations that donate mostly to Republicans....oil companies and banks. And lower the highest tax rates on the very wealthy. (Ryan Budget)

Democrats want to close corporate tax loop holes (like the oil depletion allowance). Lower the top corporate tax rate from about 35% to 28%. Currently the top corporate tax rate is 35%, but corporations on average pay only 18%.

Neither plan has a chance of going anywhere.....unless....

The Democrats win a super majority in the House and the Senate.....that makes obstructionism impossible.

And we need more independent candidates that are not beholden to either party. They could be the swing vote on all these tax issues.

Thanks to gerrymandering the house is controlled by Republicans, but demographic shifts in population will change that in future elections.



To: Kirk © who wrote (1668)7/15/2014 7:55:07 PM
From: Jerome1 Recommendation

Recommended By
Gottfried

  Read Replies (2) | Respond to of 26886
 
Concerning Santelli.....I have never been a fan of people who have to overshout all others in a room to make a point.
If i want to listen to shouting I can visit my grandkids. (and leave when I had my fill of it).

Mr Liesman called him out......

It’s impossible for you to have been more wrong, Rick. Your call for inflation, the destruction of the dollar, the failure of the US economy to rebound. Rick, it’s impossible for you to have been more wrong. Every single bit of advice you gave would have lost people money, Rick. Lost people money, Rick. Every single bit of advice. There is no piece of advice that you’ve given that’s worked, Rick. There is no piece of advice that you’ve given that’s worked, Rick. Not a single one. Not a single one, Rick. The higher interest rates never came, the inability of the U.S. to sell bonds never happened, the dollar never crashed, Rick. There isn’t a single one that’s worked for you.
Makes me wonder why he his paid his high salary...for being wrong on everything.

Heck there's a dozen posters on this board that can get a few things right.....without shouting.