If you're not top 1%, and if Obama's tax plans will net you a bigger return...?

[***Dark~Angel***]

is Obama's plan for the increase in capital gains tax aimed at long term investments or short-term (day trading) type investments?

if it is long term, talk about a nail in the coffin for retirement funds and investing

 

[rfjanssen1]

hippie alert!

 

[depromaniac]

Jesus fucking Christ, there is too much misinformation in this thread for me to possibly correct without wanting to punch 90% of you in the mouth.

 

[con_the_cure]

how is having ONE million dollars even remotely CLOSE to being wealthy? wtf? YOU MAD DUMB SON.

 

[collision_22]

wat finances? im not following you....

 

[MATTY!]

So Obama's plan would be best for me and my 40k a year

 

[Saturn 5]

most poor people become stupid not by choice. glad im on OT where we're all millionaires

 

[purefire41]

I don't know who he is .... but the troof --- he speaks it.

 

[Fat Chance with Jesus]

jesus, if i lived in your neighborhood i'd be robbing all my neighbors

 

[rebelsoldier21]

but... but... those poor rich people. I personally am willing to pay more just so that they don't have to live in misery under a democrat. What you are forgetting is that if billionaires have to pay a few million in taxes, they're no longer going to have the incentive to be billionaires.

 

[Beauty Q]

it'd be called the 'no expatriot left untied' act

 

[pps]

Thread is dead. Take care.

 

[moto_x_freek]

when's the last time you saw a billionaire rolling down the strip in Vegas in his Chevrolet?

what makes a millionaire any less likely to spend their money on an imported car than joe blow?

 

[crackennbottles]

we could save a decent chunk of that amount just by leaving Iraq. imagine if we had never gone in there for a first place

 

[Ispeak]

Jobs are no benefit ? Where do you think most of that money goes to, lots of ammo, vehicles, etc... made in America.

And it's over 1 tril.

 

[Asiah]

and i would suck his balls for it.

 

[timaa]

[No message]

 

[abesvenom]

hook me up nukka!!!

i read something a while back that the united states has an OCEAN of oil under south dakota or some shit

unfortunately we cant drill there due to a rare species of grasshopper living in that area

 

[Karyn O]

I find it hilarious how all the 'poor upper class' apologists forget about all our other american taxes that are mind-blowingly regressive.

Sin taxes? Guess what class pays a hugely increased % of their income in these per year.
Sales taxes? Everyone buys cars, TVs, and eats out. Lower class pours significantly greater relative percentages of their incomes into these.
Everyone buys gas, and every gallon has a flat $.40 tax or so. Unless by some virtue of being rich one is forced to buy more gas every year, poor people pay way more of their income (again, as a %) into this tax than the rich.

And let's not forget corporate taxes. Now we all know citizens pay corporate taxes, right? Those millions a year that Walmart pays in taxes? Those tax dollars aren't being funnelled into the federal collection plate from the incomes of the wealthy.

So shut the fuck up about the fucking income tax you tunnelvisioned bastards.

 

[xvelvet_tearsx]

Shineshop, do you think I support Obama's tax plan because I'm against regressive taxes and don't sympathize with the 'overtaxed' rich?

I think everyone is overtaxed, and I think Obama will only make shit much, much worse. That trillion dollars the government will need to cover a single-payer medical system will come from all of us, and it will go nowhere. Ugh. He'll be an economic disaster. Everyone will, just for different reasons. I hate politicians.