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RE: Fluffy Feel Good Money News about the US Stock Market - 12/29/2014 9:59:29 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		Do I know anyone making money? Yes, several.

Am I making money hand over fist? Why so extreme. No...I'm just making a good, solid return.

It's true that stock ownership is at a record low of 52%, down from 60% before the Bush recession.

(in reply to tetonguide)
Profile   Post #: 121
RE: Fluffy Feel Good Money News about the US Stock Market - 12/30/2014 3:02:38 AM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: MrRodgers
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: MrRodgers
Income tax is not capital gains tax...two different taxes.

For individuals, capital gains aren't considered income, and capital gains taxes aren't part of income taxes for individuals?

Nice try but that's political semantics...income is income period just as in the first 150 years of our history when there was NO income tax at all.


So, what you're actually talking about, then, are tax rates? You aren't agreeing with me that capital gains taxes aren't income taxes because they are taxed at different rates? Is that it? If so, perhaps you should have mentioned that, no?




_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to MrRodgers)
Profile   Post #: 122
RE: Fluffy Feel Good Money News about the US Stock Market - 12/30/2014 6:18:03 PM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: MrRodgers
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: MrRodgers
Income tax is not capital gains tax...two different taxes.

For individuals, capital gains aren't considered income, and capital gains taxes aren't part of income taxes for individuals?

Nice try but that's political semantics...income is income period just as in the first 150 years of our history when there was NO income tax at all.


So, what you're actually talking about, then, are tax rates? You aren't agreeing with me that capital gains taxes aren't income taxes because they are taxed at different rates? Is that it? If so, perhaps you should have mentioned that, no?




Well if we are to be equal before the courts and the law then the great egalitarian experiment should hold that ALL income, derived from whatever means...should be equal before the tax law. (rate schedule) We do not need different names for income as a semantic game to rationalize a differing tax liability. (rate)

There are many conservatives and I am among them, that will tell you and I agree, that the best way to create jobs is remove tax incentives for what is a very short...long term gain of only one year and we will see investment return to small businesses, i.e. businesses not dependent on turning paper into money (issuing stocks) om the form of partnerships.

After all, the formation of a LLC (limited liability co.) can provide the same vehicle for such returns on such small business investments as say a 'public' (stock) sub chapter S corp.

(in reply to DesideriScuri)
Profile   Post #: 123
RE: Fluffy Feel Good Money News about the US Stock Market - 12/30/2014 7:29:33 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		Why do you feel investment is so bad if the investment is larger? So what if investors large and small invested in many small businesses? Why, when those businesses expand, is that such a problem for you?

(in reply to MrRodgers)
Profile   Post #: 124
RE: Fluffy Feel Good Money News about the US Stock Market - 12/31/2014 5:03:28 AM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: MrRodgers
Well if we are to be equal before the courts and the law then the great egalitarian experiment should hold that ALL income, derived from whatever means...should be equal before the tax law. (rate schedule) We do not need different names for income as a semantic game to rationalize a differing tax liability. (rate)


We being equal before courts and law doesn't mean all income, from whatever source, should be taxed equally.

What you're saying also means that there will be a flat tax rate with zero deductions or exemptions for anyone. I'm good with a flat tax rate, though there should be some deductions/exemptions, imo.

quote:

There are many conservatives and I am among them, that will tell you and I agree, that the best way to create jobs is remove tax incentives for what is a very short...long term gain of only one year and we will see investment return to small businesses, i.e. businesses not dependent on turning paper into money (issuing stocks) om the form of partnerships.
After all, the formation of a LLC (limited liability co.) can provide the same vehicle for such returns on such small business investments as say a 'public' (stock) sub chapter S corp.


Why are there different tax rates?


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to MrRodgers)
Profile   Post #: 125
RE: Fluffy Feel Good Money News about the US Stock Market - 12/31/2014 7:22:14 AM   
cloudboy


Posts: 7306
Joined: 12/14/2005
Status: offline
You still haven't issued an opinion about the booming stock market? Thumbs up or thumbs down? Good economic sign or bad one?

(in reply to DesideriScuri)
Profile   Post #: 126
RE: Fluffy Feel Good Money News about the US Stock Market - 12/31/2014 2:27:48 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: cloudboy
You still haven't issued an opinion about the booming stock market? Thumbs up or thumbs down? Good economic sign or bad one?


That all depends on why it's up. The article made an assertion. I haven't looked into it to see if it's true or not. If the stock market is up for the reasons the article mentions, then that's a good sign. If it's up for other reasons, that could be bad. I don't know why it's up, so I haven't "issued an opinion."


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to cloudboy)
Profile   Post #: 127
RE: Fluffy Feel Good Money News about the US Stock Market - 1/1/2015 5:01:11 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		Well, here's one analysis:

http://www.cnbc.com/id/102137736

(in reply to DesideriScuri)
Profile   Post #: 128
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