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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (93346)	7/21/2014 10:11:39 PM
From: Wayners	Read Replies (1) \| Respond to of 103300

What profits are, as you know are retained earnings. Those retained earnings are owned by shareholders based on how many shares they own. It's cash per share. It adds to the book value of the company. The company itself isn't a person and a company just has retained earnings. The way the money is taxes is if shareholders sell their shares for a capital gain or they receive a dividend check out of those retained earnings. Congress has never passed an assets tax requiring anybody to pay taxes on unrealized capital gains. Buffet keeps bring this up begging for it...what a fusking bhole. You have made nothing and lost nothing until you actually close a position. Can Obama explain what I've said in a news conference. Of course not, the boy stupid.

To: GROUND ZERO™ who wrote (93346)	7/21/2014 10:12:39 PM
From: Wayners	1 Recommendation Recommended By GROUND ZERO™ Read Replies (1) \| Respond to of 103300

What profits are, as you know are retained earnings. Those retained earnings are owned by shareholders based on how many shares they own. It's cash per share. It adds to the book value of the company. The company itself isn't a person and a company just has retained earnings. The way the money is taxed is if shareholders sell their shares for a capital gain or they receive a dividend check out of those retained earnings. Congress has never passed an assets tax requiring anybody to pay taxes on unrealized capital gains. Buffet keeps bring this up begging for it...what a fusking bhole. You have made nothing and lost nothing until you actually close a position. Can Jack Lew explain what I've said in a news conference. Of course not. That would expose him for the charleton huckster he really is.