Main Menu |
Most Favorited Images |
Recently Uploaded Images |
Most Liked Images |
Top Reviewers |
cockalatte |
645 |
MoneyManMatt |
490 |
Still Looking |
399 |
samcruz |
399 |
Jon Bon |
389 |
Harley Diablo |
375 |
honest_abe |
362 |
DFW_Ladies_Man |
313 |
Chung Tran |
288 |
lupegarland |
287 |
nicemusic |
285 |
You&Me |
281 |
Starscream66 |
273 |
George Spelvin |
260 |
sharkman29 |
255 |
|
Top Posters |
DallasRain | 70672 | biomed1 | 62316 | Yssup Rider | 60189 | gman44 | 53215 | LexusLover | 51038 | offshoredrilling | 48375 | WTF | 48267 | pyramider | 46370 | bambino | 41213 | CryptKicker | 37175 | Mokoa | 36491 | Chung Tran | 36100 | Still Looking | 35944 | The_Waco_Kid | 35624 | Mojojo | 33117 |
|
|
07-21-2012, 12:36 AM
|
#1
|
Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
|
Bad Time To Be Rich
Apparently the rich are losing income at a much greater rate than the rest of us, and, in fact, paying higher taxes.
Still, it's hard to feel sorry for them.
http://www.cnbc.com/id/48257611
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 02:27 AM
|
#2
|
Valued Poster
Join Date: Oct 7, 2010
Location: United States of California
Posts: 1,706
|
Quote:
Originally Posted by CuteOldGuy
Apparently the rich are losing income at a much greater rate than the rest of us, and, in fact, paying higher taxes.
Still, it's hard to feel sorry for them.
http://www.cnbc.com/id/48257611
|
You really believe this?
(check out my latest review)
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 07:04 AM
|
#3
|
Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
|
you can spin anything figures during the recession the rich had gained more wealth,as the rest fell.The very rich have overseas accounts,and capitol gains which lowers their tax.Maybe if they are loosing now is the huge amount of donations to the elections and super pacs they are donating to.Of course I am sure that is a write off.
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 08:20 AM
|
#4
|
Valued Poster
Join Date: Mar 10, 2010
Location: Houston
Posts: 5,740
|
Quote:
Originally Posted by ekim008
you can spin anything figures during the recession the rich had gained more wealth,as the rest fell.The very rich have overseas accounts,and capitol gains which lowers their tax.Maybe if they are loosing now is the huge amount of donations to the elections and super pacs they are donating to.Of course I am sure that is a write off.
|
Campaign contributions, of any kind, are not tax deductible.
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 08:23 AM
|
#5
|
Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
|
Quote:
Originally Posted by ekim008
you can spin anything figures during the recession the rich had gained more wealth,as the rest fell.The very rich have overseas accounts,and capitol gains which lowers their tax.Maybe if they are loosing now is the huge amount of donations to the elections and super pacs they are donating to.Of course I am sure that is a write off.
|
"Hiding" money from taxation in off-shore accounts is illegal. "Investing" money in off-shore accounts to earn a higher rate of return is just good business sense.
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 09:23 AM
|
#6
|
Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
|
Quote:
Originally Posted by I B Hankering
"Hiding" money from taxation in off-shore accounts is illegal. "Investing" money in off-shore accounts to earn a higher rate of return is just good business sense.
|
think it was about lower taxes....
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 09:25 AM
|
#7
|
Valued Poster
Join Date: Mar 10, 2010
Location: Houston
Posts: 5,740
|
Quote:
Originally Posted by I B Hankering
"Hiding" money from taxation in off-shore accounts is illegal. "Investing" money in off-shore accounts to earn a higher rate of return is just good business sense.
|
The Dimos had better be careful, criticizing Romney's overseas investments. Essentially, all the Dimo leaders have similar investments. The hypocrisy is nauseating.
I think a lot of people have heard of criminals putting their money in foreign banks to hide it from the IRS. People automatically think that putting money in a Cayman Island bank is illegal or unethical; it isn't.
This is just the Dimos doing business as usual, taking advantage of their constituent's ignorance.
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 09:34 AM
|
#8
|
Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
|
Quote:
Originally Posted by ekim008
think it was about lower taxes....
|
"lower taxes" = "higher rate of return"
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 09:36 AM
|
#9
|
Valued Poster
Join Date: Jan 7, 2010
Location: two steps ahead of the posse.
Posts: 5,356
|
Paying Taxes
In the halcyon days of my youth, I thought that paying taxes was a very patriotic thing to do.
With the judgment born of maturity, I have learned that paying a dime more in taxes than I can avoid is foolish.
The fact is that I cannot control who is voted into office and when we get a clown like Bush in the White House, he will just squander all of my hard-earned money on idiotic things like tax cuts for millionaires and invasions of countries that drain our blood and treasury.
. . . Sorry, Uncle Sam, but I know how to invest, save and spend my money much better than you ever will and I plan on keeping it!
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 09:41 AM
|
#10
|
Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
|
Quote:
Originally Posted by joe bloe
The Dimos had better be careful, criticizing Romney's overseas investments. Essentially, all the Dimo leaders have similar investments. The hypocrisy is nauseating.
I think a lot of people have heard of criminals putting their money in foreign banks to hide it from the IRS. People automatically think that putting money in a Cayman Island bank is illegal or unethical; it isn't.
This is just the Dimos doing business as usual, taking advantage of their constituent's ignorance.
|
Anderson Cooper, Ali Velshi and others were "discussing" this issue the other night. They did their utmost by innuendo and aspersion to tar Romney's investments as "illicit". Not one of those assholes proffered that Romney MIGHT have those accounts because he was -- business wise -- scoring the highest rate of return he could find. And those pathetic assholes call themselves "journalists"!?!
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 09:43 AM
|
#11
|
Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
|
Quote:
Originally Posted by Fast Gunn
In the halcyon days of my youth, I thought that paying taxes was a very patriotic thing to do.
With the judgment born of maturity, I have learned that paying a dime more in taxes than I can avoid is foolish.
The fact is that I cannot control who is voted into office and when we get a clown like Odumbo in the White House, he will just squander all of my hard-earned money on idiotic things like invasions of countries that drain our blood and treasury.
. . . Sorry, Odumbo, but I know how to invest, save and spend my money much better than you ever will and I plan on keeping it!
|
Fixed that for ya!
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 10:29 AM
|
#12
|
Valued Poster
Join Date: Jan 7, 2010
Location: two steps ahead of the posse.
Posts: 5,356
|
Slammer
Hey, don't do me any favors!
If stupid was against the law,
. . . You'd be in the slammer doing life without parole!
Quote:
Originally Posted by I B Hankering
Fixed that for ya!
|
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 10:35 AM
|
#13
|
Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
|
Quote:
Originally Posted by Fast Gunn
Hey, don't do me any favors!
If stupid was against the law,
. . . You'd be in the slammer doing life without parole!
![Mfr Lol](https://cdn-w.eccie.net/images/smilies/modern/mfr_lol.gif)
|
You gotta love it!!
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 11:23 AM
|
#14
|
Valued Poster
Join Date: Dec 30, 2010
Location: CO
Posts: 2,239
|
They aren't losing it, they are converting it to cash and suitcasing it onto their yachts, where it sails off into the wild blue yonder.
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
07-21-2012, 11:29 AM
|
#15
|
Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
|
Quote:
Originally Posted by I B Hankering
"lower taxes" = "higher rate of return"
|
\
You still aint getting it If your money isn't here= lower taxes you pay.Otherwise there would be no incentive to put it there.
|
|
Quote
![Like](/images/like.png) | 1 user liked this post
|
|
AMPReviews.net |
Find Ladies |
Hot Women |
|