BlackICE
GT Owner
If I knew I would have capital gains and I would then cash them out before Obama raises the tax rates and buy the Sonic Blue GT. No use holding any long positions after Nov 4th, the stock mkt will be in the toilet!
If I knew I would have capital gains and I would then cash them out before Obama raises the tax rates and buy the Sonic Blue GT. No use holding any long positions after Nov 4th, the stock mkt will be in the toilet!
Empty Pockets
ex-GT Owner
BlackICE
GT Owner
Well I guess you have a point. The mkt. is in the toilet now and after Nov. 4th it would down the sewer pipes out into the bay or ocean!
Gathering storm.
Gentlemen,
An unsettling feeling in my gut. A majority of my countrymen are getting together and deciding how much of my income, my property value, and my estate they are going to confiscate and spend as they see fit on distributions and benefits to themselves. If a street gang were to do this, Arizona's "Castle Doctrine" would allow me to repel boarders with my personal firearms. Perhaps the police would show up to assist me.
But this gang will be using the overwhelming power of the state, the police will enforce the wishes of the thieves, and my personal firepower is useless here. True democracy in action. The individual is no longer sovereign in this strange land we used to know and love as the United States of America.
An America loathing, far left-wing radical will lead this mob to their imaginary promised land by, "spreading the wealth around". These economic morons believe America's most productive citizens, the top 5% of income earners, will continue to build new businesses, hire more workers, and pay more taxes as they continually whip us harder and harder while they simultaneously eliminate the burden on 50% of American workers who pay no income taxes at all.
Socialism has been tried countless times over last 200 years in nations all over the world. Without one single success. It has failed every single time it has been foisted upon a population because it attempts to both deny and defy human nature.
Chip
Gentlemen,
An unsettling feeling in my gut. A majority of my countrymen are getting together and deciding how much of my income, my property value, and my estate they are going to confiscate and spend as they see fit on distributions and benefits to themselves. If a street gang were to do this, Arizona's "Castle Doctrine" would allow me to repel boarders with my personal firearms. Perhaps the police would show up to assist me.
But this gang will be using the overwhelming power of the state, the police will enforce the wishes of the thieves, and my personal firepower is useless here. True democracy in action. The individual is no longer sovereign in this strange land we used to know and love as the United States of America.
An America loathing, far left-wing radical will lead this mob to their imaginary promised land by, "spreading the wealth around". These economic morons believe America's most productive citizens, the top 5% of income earners, will continue to build new businesses, hire more workers, and pay more taxes as they continually whip us harder and harder while they simultaneously eliminate the burden on 50% of American workers who pay no income taxes at all.
Socialism has been tried countless times over last 200 years in nations all over the world. Without one single success. It has failed every single time it has been foisted upon a population because it attempts to both deny and defy human nature.
Chip
What is scary is that a very large percentage of Americans do not pay ANY taxes. (except sales tax). I have had people work for me that did not want any more hours as they would lose their state paid benefits. (health care, rent, food, disability, etc) So in effect, it discourages work. But there is a big difference from people who never work at all to people who work 40 hours and still can't move away from the people on welfare. The republicans have had the white house and the congress and they blew it. Socialism is a very very bad thing, but as Warren Buffet said, "why is my tax rate lower then my secretary's rate?"
I always wondered if the Liberals who think taxes should be higher ever take that extra money and send it to government or charity??
I always wondered if the Liberals who think taxes should be higher ever take that extra money and send it to government or charity??
B O N Y
MODERATOR & FGT OWNER
SteveA
GT Owner/B.O.D
I heard Biden is thinking of buying a ZR1 with all the money he hasn't given to charity unless he can find someone to trade his position straight across for a clean low mile GT.
soroush
Ford Gt Owner
- Aug 8, 2007
- 5,256
H
HHGT
Guest
You guys should go back and re-read the thread - it has become comical. Some of the GT owners have chimed in since I posted the link.
op
FlagstaffGT
GT Owner