kelpdiver 2 #26 January 18, 2012 QuoteI hope my effective tax rate will be 15% one day! It certainly could be, if the laws stayed the same and you saved properly for retirement. Many middle class retirees form a portfolio of bonds (potentially muni) and dividend paying stocks to form an income stream that is taxed at the low rate and does not require drawing down the principle. Setting up DRiPs is less fun that bitching and moaning a lot, but there are a lot of long term Altria investors who are living well and paying that 15% rate. At your age, compound interest is your friend. Quote Share this post Link to post Share on other sites
kallend 2,027 #27 January 18, 2012 QuoteQuoteI hope my effective tax rate will be 15% one day! It certainly could be, if the laws stayed the same and you saved properly for retirement. Many middle class retirees form a portfolio of bonds (potentially muni) and dividend paying stocks to form an income stream that is taxed at the low rate and does not require drawing down the principle. Right, some animals are more equal than others. Being a rich pig gets you preferential treatment.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
charlie5 0 #28 January 18, 2012 Which is why people aspire to be rich. Also, all animals are NOT equal, as much as we try to make it so through regulation and demonization of those that have more.The feather butts bounce off ya like raindrops hitting a battle-star when they come in too fast...kinda funny to watch. - airtwardo Quote Share this post Link to post Share on other sites
Skwrl 56 #29 January 18, 2012 Quote How much did you make on your last speaking engagement? Since I'm a law professor, the usual honorarium.Skwrl Productions - Wingsuit Photography Northeast Bird School - Chief Logistics Guy and Video Dork Quote Share this post Link to post Share on other sites
Gravitymaster 0 #30 January 19, 2012 QuoteQuote How much did you make on your last speaking engagement? Since I'm a law professor, the usual honorarium. Great, then you are no better than those you complain about. Some on here would consider you a rich pig. Quote Share this post Link to post Share on other sites
Andy9o8 2 #31 January 19, 2012 Quote>to be fair, banks also invest, and loan. it's not just a futile 'lock box' I dont dissagree and if thats how it read it was not my intent. I was responding to the person who implied rich people keep their money in banks which is not the case mostly. It's not "black or white", which is the problem with "debates" here. You're both correct to an extent. But it's also true that rich people generally save a higher percentage of their income than poor and middle-middle-class do; the latter pump their income more directly into the economy by buying consumer goods, as opposed to indirectly by, for example caching it in banks, or investment real estate properties or growth funds. "Trickle-down" assets really do trickle down, but especially when the economy is very tight, it really is just a trickle. Quote Share this post Link to post Share on other sites
rushmc 23 #32 January 19, 2012 Quote I hope my effective tax rate will be 15% one day! That way I can spend more on stuff and help the ecomy grow and grow and grow. You should take some time and learn all what was taxed before you post stuff like this"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
rushmc 23 #33 January 19, 2012 QuoteQuoteThere has been a continued perception that MItt/Buffet have a 15% income tax rate by many people, that's not true.. WELL! The statement came from Romney's own mouth. Are you calling him a liar? He also said that $374,327 he made in speaking fees was "not very much." The guy is totally out of touch. Just like Kerry then?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,027 #34 January 19, 2012 www.newyorker.com/online/blogs/johncassidy/2012/01/mitts-tax-problem-illustrates-a-bigger-issue.html?mbid=gnep&google_editors_picks=true... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #35 January 19, 2012 QuoteQuote He also said that $374,327 he made in speaking fees was "not very much." WOW! OK this is me saying it....but boy this guy can say some really dumb shit! Did he just say $374,327 was "not very much." OH boy...Obama may be a fucktard but this boy....wow....really? He said that? WOW! Way to go dumb fuck! Way to fucking go! Hmm Have you seen what Clinton has made doing the same?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,027 #36 January 19, 2012 QuoteQuoteQuote He also said that $374,327 he made in speaking fees was "not very much." WOW! OK this is me saying it....but boy this guy can say some really dumb shit! Did he just say $374,327 was "not very much." OH boy...Obama may be a fucktard but this boy....wow....really? He said that? WOW! Way to go dumb fuck! Way to fucking go! Hmm Have you seen what Clinton has made doing the same? Did Clinton dismiss it as "not much"?... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
kallend 2,027 #37 January 19, 2012 QuoteQuoteQuoteThere has been a continued perception that MItt/Buffet have a 15% income tax rate by many people, that's not true.. WELL! The statement came from Romney's own mouth. Are you calling him a liar? He also said that $374,327 he made in speaking fees was "not very much." The guy is totally out of touch. Just like Kerry then? And what did the electorate do to Kerry?... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #38 January 19, 2012 QuoteQuoteQuoteQuote He also said that $374,327 he made in speaking fees was "not very much." WOW! OK this is me saying it....but boy this guy can say some really dumb shit! Did he just say $374,327 was "not very much." OH boy...Obama may be a fucktard but this boy....wow....really? He said that? WOW! Way to go dumb fuck! Way to fucking go! Hmm Have you seen what Clinton has made doing the same? Did Clinton dismiss it as "not much"? Is 8 or 80 million (I do not remember specifically) not much?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
rushmc 23 #39 January 19, 2012 QuoteQuoteQuoteQuoteThere has been a continued perception that MItt/Buffet have a 15% income tax rate by many people, that's not true.. WELL! The statement came from Romney's own mouth. Are you calling him a liar? He also said that $374,327 he made in speaking fees was "not very much." The guy is totally out of touch. Just like Kerry then? And what did the electorate do to Kerry? True But know this. I dont like Romeny. Never have But it has nothing to do with me being jelous about him having more than me That is why I dont whine about tax rates Unlike you I guess"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,027 #40 January 19, 2012 QuoteQuoteQuoteQuoteQuoteThere has been a continued perception that MItt/Buffet have a 15% income tax rate by many people, that's not true.. WELL! The statement came from Romney's own mouth. Are you calling him a liar? He also said that $374,327 he made in speaking fees was "not very much." The guy is totally out of touch. Just like Kerry then? And what did the electorate do to Kerry? True But know this. I dont like Romeny. Never have But it has nothing to do with me being jelous about him having more than me That is why I dont whine about tax rates Unlike you I guess Really? When have I whined about paying taxes at whatever rate the govt. has set them? Please post a link. Unlike your Tea Party friends and Romney.www.newyorker.com/online/blogs/johncassidy/2012/01/mitts-tax-problem-illustrates-a-bigger-issue.html?mbid=gnep&google_editors_picks=true... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #41 January 19, 2012 Quote Quote Quote Quote Quote Quote There has been a continued perception that MItt/Buffet have a 15% income tax rate by many people, that's not true.. WELL! The statement came from Romney's own mouth. Are you calling him a liar? He also said that $374,327 he made in speaking fees was "not very much." The guy is totally out of touch. Just like Kerry then? And what did the electorate do to Kerry? True But know this. I dont like Romeny. Never have But it has nothing to do with me being jelous about him having more than me That is why I dont whine about tax rates Unlike you I guess Really? When have I whined about paying taxes at whatever rate the govt. has set them? Please post a link. Unlike your Tea Party friends and Romney.www.newyorker.com/online/blogs/johncassidy/2012/01/mitts-tax-problem-illustrates-a-bigger-issue.html?mbid=gnep&google_editors_picks=true You whine constantly about rates being to lowYour getting old and forgetting things now"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,027 #42 January 19, 2012 Quote Quote Quote Quote Quote Quote Quote There has been a continued perception that MItt/Buffet have a 15% income tax rate by many people, that's not true.. WELL! The statement came from Romney's own mouth. Are you calling him a liar? He also said that $374,327 he made in speaking fees was "not very much." The guy is totally out of touch. Just like Kerry then? And what did the electorate do to Kerry? True But know this. I dont like Romeny. Never have But it has nothing to do with me being jelous about him having more than me That is why I dont whine about tax rates Unlike you I guess Really? When have I whined about paying taxes at whatever rate the govt. has set them? Please post a link. Unlike your Tea Party friends and Romney.www.newyorker.com/online/blogs/johncassidy/2012/01/mitts-tax-problem-illustrates-a-bigger-issue.html?mbid=gnep&google_editors_picks=true You whine constantly about rates being to lowYour getting old and forgetting things now Rates ARE too low. That's why we have a huge deficit now and didn't in 2000. abcnews.go.com/Blotter/romney-parks-millions-offshore-tax-haven/story?id=15378566#.TxgZc28S1sA... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #43 January 19, 2012 Quote Quote Quote Quote Quote Quote Quote Quote There has been a continued perception that MItt/Buffet have a 15% income tax rate by many people, that's not true.. WELL! The statement came from Romney's own mouth. Are you calling him a liar? He also said that $374,327 he made in speaking fees was "not very much." The guy is totally out of touch. Just like Kerry then? And what did the electorate do to Kerry? True But know this. I dont like Romeny. Never have But it has nothing to do with me being jelous about him having more than me That is why I dont whine about tax rates Unlike you I guess Really? When have I whined about paying taxes at whatever rate the govt. has set them? Please post a link. Unlike your Tea Party friends and Romney.www.newyorker.com/online/blogs/johncassidy/2012/01/mitts-tax-problem-illustrates-a-bigger-issue.html?mbid=gnep&google_editors_picks=true You whine constantly about rates being to lowYour getting old and forgetting things now Rates ARE too low. That's why we have a huge deficit now and didn't in 2000. abcnews.go.com/Blotter/romney-parks-millions-offshore-tax-haven/story?id=15378566#.TxgZc28S1sA NO, spending and regulation are too great"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
shah269 0 #44 January 19, 2012 Trickle on economics! Yum yum golden showers from the rich! Woo hoo! I love how it makes my skin so soft! Oh thank you rich folks and your effective tax rates of only 15% Thank you for taking a piss on me and all these folks in the middle class! Thank you! I know this system of taxation worked wonders under Regan...or it didn't. and I know it's been disproven time and time again....but don't listen to those communist pigs and don't get a shy bladder...piss on us piss on us! Please don't stop! We will lower your taxes even lower if you promise to piss on us even more and taking your capital and investing in SEA and thus squeezing more middle class jobs out of the US economy! Please please please don’t stop taking a big old piss on all of us!Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
rushmc 23 #45 January 19, 2012 Seriously Get some help"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
shah269 0 #46 January 19, 2012 QuoteSeriously Get some help What part of the above offended you? The sarcasm regarding being trickle on or that their capital investments are utilized to fund growth in third world countries and thus kill jobs here in the US?Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
rushmc 23 #47 January 19, 2012 QuoteQuoteSeriously Get some help What part of the above offended you? The sarcasm regarding being trickle on or that their capital investments are utilized to fund growth in third world countries and thus kill jobs here in the US? Offened me? Hardly You dont have that kind of power over me Still please, get help"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
billvon 2,998 #48 January 19, 2012 Your one warning. Quote Share this post Link to post Share on other sites
billvon 2,998 #49 January 19, 2012 And yours. If you can't reply without an attack do not reply. Quote Share this post Link to post Share on other sites
rushmc 23 #50 January 19, 2012 QuoteAnd yours. If you can't reply without an attack do not reply. I am sorry It was not meant as an attack The post was disturbing is all Again Sorry if it came across wrongly"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
