tag:blogger.com,1999:blog-5109501634336541211.post3282284565487231831..comments2024-03-04T01:16:15.730-07:00Comments on Ski Bike Junkie: Romney's tax plan: a comparisonSki Bike Junkiehttp://www.blogger.com/profile/12295969126174565599noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-5109501634336541211.post-65304888852998309172022-12-07T11:59:04.609-07:002022-12-07T11:59:04.609-07:00Live vendor on-line on line casino, on-line slots ...Live vendor on-line on line casino, on-line slots or a sport of poker or bingo, the best factor about} the digital on line casino is availability. The on-line on line casino is out there wherever might have} connectivity. Yes, first of all with|to start <a href="https://카지노사이트.online/dafabet/" rel="nofollow">dafabet</a> with}, it's potential to claim additional bonuses whereas depositing by way of Bitcoin. In addition, typically the bonus amount turns into even bigger if you deposit with Bitcoin. Some on line casino sites are joyful to push you course of|in path of} cryptocurrency gambling.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5109501634336541211.post-82627992767631352042019-12-02T16:22:19.087-07:002019-12-02T16:22:19.087-07:00شركة تنظيف في الكويت شركة تنظيف بالكويت
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First, your friend sounds way ...Just two comments:<br /><br />First, your friend sounds way cool. I bet he is wicked handsome, too.<br /><br />Second, as someone who likely will inherit some dough, <i>and</i> leave some to his kids, it's hard for me to think of an income source that should be taxed <i>more</i> heavily than inheritance. Yes, my dad worked worked hard throughout my youth, during which time I supported his efforts by living in his house, driving his cars, eating his food and burning his money on tuition. So I should get a tax break? Ditto for my kids now…<br /><br />The "double taxation" argument against the estate tax is silly. The deceased and the heir are 2 different people. Buying a sandwich is a much better example of double taxation...Watcherhttps://www.blogger.com/profile/02248341788957416471noreply@blogger.comtag:blogger.com,1999:blog-5109501634336541211.post-77920123544385168772012-10-19T15:33:11.477-06:002012-10-19T15:33:11.477-06:00This was fun. When do you plan to discuss taxes a...This was fun. When do you plan to discuss taxes again?Rabidhttps://www.blogger.com/profile/01910636993163166976noreply@blogger.comtag:blogger.com,1999:blog-5109501634336541211.post-59268834766724030202012-10-19T15:32:35.121-06:002012-10-19T15:32:35.121-06:00Three things:
1) The capital gain tax situation i...Three things:<br /><br />1) The capital gain tax situation is the greatest tax loophole ever! You could quite possible live tax free if you ensure your holdings are over 12 months and if you don't have other income. <br /><br />2) I'm on neither side of this Obama/Romney thing, but I'm rather intimate with what he did with the Massachusetts tax code and I'm not impressed.<br /><br />3) I hate, HATE, election year tax returns. Hate 'em. They always end up more complicated. Rabidhttps://www.blogger.com/profile/01910636993163166976noreply@blogger.comtag:blogger.com,1999:blog-5109501634336541211.post-76086457896717972072012-10-18T16:42:30.131-06:002012-10-18T16:42:30.131-06:00DJ: point by point.
1. You didn't study hard e...DJ: point by point.<br />1. You didn't study hard enough. I have an MBA but an undergrad degree in English. I do my own taxes. I also have or have had rental property, small business income, stock options, etc.<br />2. I worked for a Chem E major who understood accounting far better than I ever will. Per #1, degrees don't matter all that much. Besides, it's not a question of who understands it better, since their advisers understand it better than either of them. It's a question of which policies they will espouse. Romney's plan is the old trickle down economics. It doesn't work.<br />3. Rhetoric. Per my admittedly simplistic model, Romney's plan favors a wealthy person who doesn't work more than it helps me. Who it helps depends on how you define wealthy.<br />4. Not if you invest in derivatives.<br />5. If your portfolio has no losers (tough to imagine, but possible), then you're Warren Buffet, who, incidentally, agrees with me.<br />6. It is naive to assume you understand what Romney's motives are. All I can do is look at the impact of his policy insofar as he has provided details, which is the genesis of my comparison above. Seems to me that it favors the wealthy. It most certainly does not help the middle class.<br />7. The estate tax is largely a non-issue to those who create trusts and plan appropriately. Whether it's fair or not, if it's eliminated, revenue goes down, which will then have to be made up somewhere. Burden shifts further to the working middle class or to the elimination of programs that let the next generation get ahead.Ski Bike Junkiehttps://www.blogger.com/profile/12295969126174565599noreply@blogger.comtag:blogger.com,1999:blog-5109501634336541211.post-46976126957666032372012-10-18T16:29:54.905-06:002012-10-18T16:29:54.905-06:00hmmm... a quite simplistic analysis.
1. The code a...hmmm... a quite simplistic analysis.<br />1. The code as it is to far too complicated. It is insane that a person with a masters in finance (me) can't do their own taxes.<br />2. Who do you really think understands how economies/businesses work better - Romney or Obama? Hint: one of them has an MBA from Harvard. I can give you at least 2 examples of how the stimulus actually disrupted natural markets and hurt small businesses in the State of WA. I don't think O understands economics/markets or what makes a business tick because he's never had and real experience working in a business.<br />3. Romney has stated clearly he will not favor a system where the tax contribution from the "wealthy" will decrease.<br />4. When one "manages his portfolio" he/she invests in companies - some new, some listed on the exchanges. His portfolio only benefits when the companies grow. Therefore, he should be in favor companies growing.<br />5. What if his 'portfolio' has no losers? It would then be hard to offset gains. True, he could never sell his gainers and not pay tax. But when he sells that will trigger a tax event. Is there another, better way you can suggest? Finally, hasn't he already paid tax on the funds he used to purchase his portfolio? That's the whole idea behind taxing capital gains at a lower rate.<br />6. It is naive to assume Romney only wants a system that will favor the rich, because he is rich. Romney wants to create an environment where the people with money will be more willing to invest their money in new businesses that will produce revenue, jobs, and hence taxes or revenue for the govt.<br />7. Finally, let me comment on the estate tax. This is something that doesn't matter to you, unless it impacts you. Let's assume you are very wealthy. You have accumulated your wealth through a lifetime of hard work, careful investing, and the appreciation of a farm inherited from your parents. Why, when you die, should more than half of that go to the govt? Why shouldn't you be able to give that to your children? How is the estate tax fair?djhttps://www.blogger.com/profile/06205272111124977512noreply@blogger.com