Zooey Says:
——

Doesn’t he have a sick wife to cheat on and divorce?

Even at that, you’re proving my point as I just mentioned $ 100k as it had nice round numbers. If you graph out the results per income bracket (see the Congressional Budget Office reports on cap gains), it still comes out that removing the cap gains tax will benefit the higher income groups more.

Now if we were talking something to the tune of cap gains would not kick in until they hit a specified level, we might be easier to come to an agreement. Same way the inheritence tax doesn’t kick in on the lower incomes.

Please click on any of the articles links above for rebuttals to the ideas against the capital gains tax. I would like you answer why:

when capital gains taxes were lowered in 1981 that economic growth did not match conservative expectations. or again in 2001, and CURIOUSLY more growth in a period following 1993 when they were re-instated. There could be other factors, and I’d like to see what you think those are, because the proof is in the pudding and the pudding doesn’t look too good.

Also, it is a fact that rich people divert income to capital gains for less taxation. Why are they not subject to taxation as any little guy? Why would we want a 0% free for all?

Also- volatility of a 0% capital gains tax in the market is a no-brainer. You said so yourself that people would take more risk, and its risk with its ensuing indiscretions that are part of the mess we’re in. Your tutorial to Maple is in some vacuum where the reality of greed and corruption doesn’t exist. I do believe you are locked into Econ 101 with no other classes to round out your education. The dig at ACORN being the final nail in the coffin, which shows that you eat up conservative talking points with no critical eye whatsoever. Good day.

You are correct, however, in pointing out the state of the market. The question is then, what do I invest in? Shouldn’t we encourage people to figure that out for themselves? I have moved into guaranteed mutuals. I’m only earning 6%, but it’s guaranteeed. Others will have better ideas and we can all look at that. I don’t know about you, but not having to think of the penalty for investing makes the risk taking more worthwhile. At this point, we NEED more Americans willing to pump money back into the economy. Many companies are doing extremely well right now. People are just afraid to invest. Remove 25% taxation of those assets and people don’t have to worry about a 1/4 of their projected income coming off the top.

That’s how I think as an investor. Most investors think the same way. They work hard for their money. The last thing they want to do is give it away to some Wall Street criminal or ACORN.

Not to mention that stocks (where a lot of retirement funds are tied up), haven’t made a whole lot of money lately and therefore the amount of cap gains on these stocks isn’t going to be a lot till the economy recovers.

http://www.dailymotion.com/ video/ x5lmje_newt-gingrich-bush-should-allow-rem_news

The truth is that attackers against America like Newter who constantly prove how much they disregard and hate Americans makes all us appreciate Democrats protecting them from the real Terrorists to America – NeoCon NutJobs like Newter

If this is the best they can muster, no wonder they’re in the minority.

He could join the military and defend his country since he has all this time on his hands between the Hannity show and meeting with Ann Coulter.

What’s old is what’s new, again…
… NO?

But really, what’s new about a former Speaker of the House…
… Especially one who laments that America has not been attacked again?

Q U E S T I O N:
What credibility does one gain for wishing his own Country was attacked? What relevance should this kind of person play in politics? What side does one stand for if what they wished for is that their own Country was attacked? What respect must one have to wish fellow countrywo/men and their children be put at risk?

http://www.dailymotion.com/video/x5lmje_newt-gingrich-bush-should-allow-rem_news

… And none dared called it TREASON!

.

Did you not read the second paragraph of my post? For information on the Stimulus PEU provision click on the link below:

http://online.wsj.com/article/SB123310671578422199.html?mod=googlenews_wsj

PEU= Private equity underwriter

They are transparent when they call funds and projects for American “Pork” after years of gleeful cackling like hyenias over read meat with $100s of Billions in “War spending” that never funded any War..!?

They funded welfare for the wealthy with rewards, tax breaks and $Trillions for corporations and the wealthiest by lying delusional promises of “Oil company profit will fund new Energy Solutions for America” (which proved to be totally lies) and promises of “the Wealthy will create companies and jobs for you” (which proved to be totally lies) – jobs were being removed from America and the economy in plane loads by the millions!

So after 8 years of RepuBillys and over $6 Trillion (generational-theft) in added deficit with NO Jobs, No Infrastructure, No HealthCare, No direct value or improvement for America, Nothing to show for it
- How can you deny that RepubliCONS pulled the BIG “Enron” on America after the drunk Cowboy practiced first with Pal Ken Lay..!?