So...... who's going to be the next President???

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Re: So...... who's going to be the next President???

Postby CamKing » Thu Jan 19, 2012 10:08 am

avengerengines wrote:You might be right. However it's perfectly legal. If I were at their imcome level and if I could save a few million in taxes without breaking any laws, I would do the same. How about you? 8)

Back in the 90's, I looked into moving money offshore, but I didn't have enough to make it worth it. At that time, my accountant said it makes sense if you're making over $1 million in taxable income.
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Re: So...... who's going to be the next President???

Postby Matt Gruber » Thu Jan 19, 2012 10:28 am

CamKing wrote:
Matt Gruber wrote:
once the average voter understands that the "rich" get a 15% cap gains tax rate,

...
God, how I wish that were true. That's only for the very few people who make their money on Wall Street.

OWS - that is where the anger is being directed. however u spin it, there are more voters in favor of taxing wall street like main street. Republicans have a hopeless agenda, to extend the bush tax cuts forever. Hopeless because u are correct, it is only "very few people" not enough votes to win against an improving economy.
.
u may not know this, the LT cap gains rate for those in the 15% bracket is ZERO NADA ZILCH 0. there is an income limit, however.
Last edited by Matt Gruber on Thu Jan 19, 2012 10:40 am, edited 1 time in total.
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Re: So...... who's going to be the next President???

Postby avengerengines » Thu Jan 19, 2012 10:38 am

CamKing wrote:
avengerengines wrote:You might be right. However it's perfectly legal. If I were at their imcome level and if I could save a few million in taxes without breaking any laws, I would do the same. How about you? 8)

Back in the 90's, I looked into moving money offshore, but I didn't have enough to make it worth it. At that time, my accountant said it makes sense if you're making over $1 million in taxable income.


At one time I was going to move mine off shore. By the time I rented the canoe I didn't have any money left. :roll:
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Re: So...... who's going to be the next President???

Postby CamKing » Thu Jan 19, 2012 11:05 am

Matt Gruber wrote:
CamKing wrote:
Matt Gruber wrote:
once the average voter understands that the "rich" get a 15% cap gains tax rate,

...
God, how I wish that were true. That's only for the very few people who make their money on Wall Street.

OWS - that is where the anger is being directed. however u spin it, there are more voters in favor of taxing wall street like main street. Republicans have a hopeless agenda, to extend the bush tax cuts forever. Hopeless because u are correct, it is only "very few people" not enough votes to win against an improving economy.
.
u may not know this, the LT cap gains rate for those in the 15% bracket is ZERO NADA ZILCH 0. there is an income limit, however.

OWS had it's 15 minutes, and is now a joke for the late night talk show hosts.
Republicans have an agenda that is firing up the right, and there is nothing to fire up the left.
Obama just F'ed himself by killing the Pipeline. Now even the unions are upset with him. Killing 20,000 construction and engineering jobs will be shoved in his face over and over again, and his excuse that he needed more time doesn't fly with the voting public, when they know he had 3 years to research it. Obama is toast, and thanks to the redistricting The dems are going to lose even more seats in congress.

As for unemployment, it has no chance to get below 8%. The only reason it's dropped to where it is, is because so many people have quit looking. If you adjust for SGS(estimated long-term discouraged workers, who were defined out of official existence in 1994), the actual unemployment rate is still rising.
The number of employed people is the real telling statistic, and it shows how bad the economy is really doing. We need to add 125,000 jobs a month, just to keep up with population growth. We're simply not seeing it.
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Re: So...... who's going to be the next President???

Postby CamKing » Thu Jan 19, 2012 11:06 am

avengerengines wrote:
CamKing wrote:
avengerengines wrote:You might be right. However it's perfectly legal. If I were at their imcome level and if I could save a few million in taxes without breaking any laws, I would do the same. How about you? 8)

Back in the 90's, I looked into moving money offshore, but I didn't have enough to make it worth it. At that time, my accountant said it makes sense if you're making over $1 million in taxable income.


At one time I was going to move mine off shore. By the time I rented the canoe I didn't have any money left. :roll:

Yea, I was only off by one decimal point.
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Re: So...... who's going to be the next President???

Postby rce4csh » Thu Jan 19, 2012 11:28 am

To expand on your thought a bit Mike..........What we are not seeing form eiher party at this time is any real discussion of ideas being put forth toward specific long term income growth in the form of goods, services, products, etc. intended to draw income from he world economy and directly channel it back into the United States as a continuous income stream. We have much discussion about reall good things like the pipeline and energy development within our political enviroment these days. This sort of thing will certainly improve the jobs picture in the United States for a period of time. But like any construction activity, there is a point where the jobs taper off. I know from my own significant involvement in the political process here in Colorado that very little to that end is being considered at this time. The focus is much shorter and more immediate in scope. Hopefully, when the accute bleeding in our economy is reduced, we will beign to see more more discussion, thought and plans put forth to accomplice that end. In the meantime, the "reprogramming" of the young "entitlement set" is gonna be really ugly. With one son in college these days, I get the weekly blow by blow of the efforts put forth by the "intellectuals" to indoctrinate the sutdents into a mentality of "Utopiaism." They literally teach these kids that it is better for them to forgo personal advancement, acquisition of wealth and developing self reliance in order to achieve a future for themselves that insures they will be comfortable. This bullshit is unbelieveable!
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Re: So...... who's going to be the next President???

Postby Matt Gruber » Thu Jan 19, 2012 11:40 am

the facts don't matter to the average voter. if they think the economy is improving under obama, they will re-elect him. i don't know if the magic number is 8%. it's not up to me. I'll be happy if the economy has anemic growth, and obama is thrown out. Just don't rule out more good numbers and improving voter sentiment.
too early to predict a winner.
.
as far as the pipline, it was said +20,000 jobs.
so maybe 200,000 votes are lost, 10X the impact.
BUT, maybe 1 million votes are gained by those relieved that it won't be polluting their local environment. u can be sure obama has done the math better than my guess(i.e. surveys) poeple want jobs, but they don't want to live in a sewer.
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Re: So...... who's going to be the next President???

Postby avengerengines » Thu Jan 19, 2012 12:14 pm

I don't see how Obama can lose with what the GOP has to offer. And he's not doing all that bad considering the mess Bush left him. I like to think of myself as an independant but I sure can't vote for any of the republicans that are in the running. :roll:
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Re: So...... who's going to be the next President???

Postby CamKing » Thu Jan 19, 2012 12:33 pm

For the republicans to win, they don't need to put up somene people like, they just need to not put up someone people hate.
The hate for Obama will bring people out of the woodwork to vote against him. The people that voted for him, have no reason to make an effort to go to the polls and vote for him again. Obama has lost his base, and has no chance in November.

1 out of every 4 black males in the US is unemployed. No one in the black community thinks the economy is getting better.
Private sector union jobs are at a low, with no sign of picking up. Union workers were a big part of the machine that put Obama in the White House. They don't think the economy is getting better.
The housing market is getting ready for another dip, and millions of people are still upside down in the mortgages. They don't think the economy is getting better.
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Re: So...... who's going to be the next President???

Postby CamKing » Thu Jan 19, 2012 12:46 pm

avengerengines wrote: And he's not doing all that bad considering the mess Bush left him.

Yes, he's done some much with the trillions of dollars he's spent. :roll:
Our dept is increasing at a rate 3 times faster with Obama, then it did with Bush. He's also increased spending by over a trillion dollars a year. He's doing a heck of a job.
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Re: So...... who's going to be the next President???

Postby lightning-jr » Thu Jan 19, 2012 12:49 pm

Ignorant...no...asinine perspectives, like pipeline = sewer, will ensure that we will sink to a third world status. #-o
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Re: So...... who's going to be the next President???

Postby avengerengines » Thu Jan 19, 2012 12:54 pm

Republicans are so funny. Bitch about everything with no solution for anything :mrgreen:
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Re: So...... who's going to be the next President???

Postby CamKing » Thu Jan 19, 2012 1:00 pm

Matt Gruber wrote:as far as the pipline, it was said +20,000 jobs.
so maybe 200,000 votes are lost, 10X the impact.

You really don't get it.
20,000 high paying Union jobs, that would put $millions into the same hurting unions that got Obama elected.
He F'ed himself, and it was 100% ego. He wasn't going to be told what to do by the republicans, and that was his only reasoning. They've studied this project for 3 years. If they had found a environmental issue, he would have thew that report in the republicans face, but he didn't. He just said he needed more then the 3 years to study it.
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Re: So...... who's going to be the next President???

Postby CamKing » Thu Jan 19, 2012 1:11 pm

avengerengines wrote:Republicans are so funny. Bitch about everything with no solution for anything :mrgreen:

I have a solution for everything.
Balance the budget.
Follow the Constitution.
Let businesses run themself.
Go to a flat tax, based off the money you make above the poverty line.
Get out of the U.N.
Do away with the IRS, EPA, NLRB, and a few dozen other government agencies.
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Re: So...... who's going to be the next President???

Postby avengerengines » Thu Jan 19, 2012 1:16 pm

CamKing wrote:
avengerengines wrote:Republicans are so funny. Bitch about everything with no solution for anything :mrgreen:

I have a solution for everything.
Balance the budget.
Follow the Constitution.
Let businesses run themself.
Go to a flat tax, based off the money you make above the poverty line.
Get out of the U.N.
Do away with the IRS, EPA, NLRB, and a few dozen other government agencies.


Bush had 8 yrs. and didn't make an effort do any of those things. I hope you don't think he was a good president. [-X
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