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07-17-2012, 03:39 PM
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#16
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by Lucky 1
Amen! As a biz owner myself we have to find every deduction we can to keep from being robbed by the govment...Remember...its not there fucking money! Its our money! We made it!....and no one else "pays" for some one elses deductions.
You want fair? Flat tax...or better yet abolish the 16th amendmant and go to a flat cunsumption tax on retail only...The Fair Tax! Google it!
As a general matter I don't believe in giving goverments much of our money anyway...they have spent more than a century now since the institutuion of the federal income tax proving that all they will do with it is spend most of it on bullshit!
When you hear about some one finding a way to keep more of HIS OWN MONEY ...dont bitch...cheer!
If I sound like I am to the right of Atilla The Hun when it come to tax policy...you would be correct!
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assuming youre not a multi millionaire and used a horse for a deduction using the system to save your interests is totally acceptable ... kudos.
if you are a multi millionaire and used a HORSE thats a HOBBY as a business deduction, I BITCH ... you cheer.
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07-17-2012, 03:43 PM
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#17
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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LOL! CBJ7 thinks he's winning this argument! And you guys wonder why I come here! It's hard to find entertainment this funny for less money!
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07-17-2012, 03:43 PM
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#18
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Valued Poster
Join Date: Sep 9, 2010
Location: Archer City
Posts: 2,830
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I can't argue about the $77K, he took advantage of a loophole; I just wonder what he did with it.
Is it hidden in some Cayman Islands bank account, or is it out in the economy, invested in business ventures which create American jobs?
Because if you believe the trickle-down theory, we should cut rich folks' taxes to almost nothing and the economy will miraculously fix itself overnight.
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07-17-2012, 03:46 PM
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#19
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Actually, Couldntgetlaidifhetried, taxes are irrelevant at this point. Raise them, eliminate them - doesn't matter. What matters is SPENDING! We just can't go on spending like drunken Secret Service agents in Colombia and expect nothing bad to happen. It's the SPENDING, stupid!
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07-17-2012, 03:48 PM
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#20
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by CuteOldGuy
LOL! CBJ7 thinks he's winning this argument! And you guys wonder why I come here! It's hard to find entertainment this funny for less money!
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Im not questioning the money just the principle of the entire scenario
and true to rightwinger form principles are selective.
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07-17-2012, 03:53 PM
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#21
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Yes, you are the one to lecture about selective principles. This gets funnier every minute!
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07-17-2012, 04:01 PM
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#22
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by CuteOldGuy
Yes, you are the one to lecture about selective principles. This gets funnier every minute!
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Im not the one/s deflecting
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07-17-2012, 04:05 PM
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#23
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Valued Poster
Join Date: Sep 9, 2010
Location: Archer City
Posts: 2,830
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Quote:
Originally Posted by CuteOldGuy
Actually, Couldntgetlaidifhetried, taxes are irrelevant at this point. Raise them, eliminate them - doesn't matter. What matters is SPENDING! We just can't go on spending like drunken Secret Service agents in Colombia and expect nothing bad to happen. It's the SPENDING, stupid!
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Way to hijack a good discussion with another one of your pea-brained remarks.
You just love sitting in front of your computer in your panties and bra making fun of other people, don't you?
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07-17-2012, 04:17 PM
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#24
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Well, you're wrong about that, but I do feel bad that I violated the high standard of rational thought and respect for others that you model so well for the rest of us. I wouldn't ever want to offend any of your sensitivities, Cantrememberevergettinglaid.
Please accept my humble apology.
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07-17-2012, 04:33 PM
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#25
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Account Disabled
Join Date: Feb 15, 2012
Location: Houston
Posts: 10,342
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Something that a lot of people do not understand is that when you put money in a bank (with the exception of a safety deposit box) you are putting your money to work investing and creating jobs. Very large depositors make a LOT more money than the guy with a 0 balance at the end of the month. It does not matter if the money is in a Cayman account, Swiss account, or US bank account.
I really don't care where he invests his money as that is his business. What I hope is that he is able to fix the path this nation is going down to make it more lucrative to invest right here in the USofA. The idea is to make it rewarding rather than punitive to invest and do business on American soil. Is this something the Democrat party has done?
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07-17-2012, 06:31 PM
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#26
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Valued Poster
Join Date: Dec 30, 2010
Location: CO
Posts: 2,239
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You are griping about a Republican that takes deductions made possible by a bill that was introduced by a Democrat and supported by the Democrats. What the fuck, and now you are bitching about it?
And to add, for those who do not understand the way taxes work...He had 77K in losses and deducted it from his taxes, he NEVER owed 77K. No telling how much he injected into the local economy to rack up that much in losses, but regardless, it was made legal by the Dems.
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