Obama wants to Raise Taxes, Good or Bad for the Economy?

Originally Posted by Canna Sylvan

Not producing ourselves, which includes not providing our own labor. The only thing keeping us afloat is their hand, but it won't last if we don't start producing again. It's only a bandaid when they interfere. If the government stopped interfering, where would we get the means to buy?

The government has kicked the can down the road, the can is dented so bad further kicking may not be a possibility...the fact is "we" aren't afloat..."we" are taking on water BECAUSE of government intervention. Adding taxes does not aid production or startup of production. If the government stopped interfering many things would change in a positive way... but they aren't going to stop until the titanic has sunk. Happy sailing.

Originally Posted by Rob Roy

The government has kicked the can down the road, the can is dented so bad further kicking may not be a possibility...the fact is "we" aren't afloat..."we" are taking on water BECAUSE of government intervention. Adding taxes does not aid production or startup of production. If the government stopped interfering many things would change in a positive way... but they aren't going to stop until the titanic has sunk. Happy sailing.

The Goverment needs to stay out of the enviromental protection business
Let the energy and mining companys manage the enviroment
They have our best interests at heart

hey Canna
What year was your Dwin hdtv projector made?
What resolution does it have?
How much was it originally?

Originally Posted by ChesusRice

hey Canna
What year was your Dwin hdtv projector made?
What resolution does it have?
How much was it originally?

May 2000

1920x1080i or 1440x1080i, both at 72hz maximum. 1280x720 works but is way less sharp, more vertical resolution per cycle.

$11,500, plus about $3,000 for Delta HD-144 short throw color-filtered and corrected lenses.

http://www.curtpalme.com/Dwin_Layout4.shtm

Originally Posted by beenthere

Then I'd be FOS like you, republicans want to extend the tax cuts for every American bro, where ya been, under an MSNBC rock?

Please pull your head out of Sean Hannitys ass long enough to smell reality.


Obama urges tax cuts for families under $250,000 - The Denver Post http://www.denverpost.com/ci_2103525...#ixzz20E2H4aJC

Originally Posted by Canna Sylvan

Sorry, you're wrong. We import more than we export or sell to our own people. This can't go on forever, and we're already feeling the consequences. Our capital is also being diverted by illegals who work here without paying taxes and then ship those USD back to their own country. This has led us to debt financing and the continuing national debt. This in turn led to our bond rating getting lowered. No amount of regulation free buying is going to save us. We actually need to produce something like we used to be known for. Made in the USA used to mean quality. Now all it means is over-priced stupid buy.

Innovation is being stiffled because we prefer diversity over the most qualified.

Is your new HDTV made by an American company? Do you know any friends who do? Look at how many own one. I actually own a DWIN, American HDTV. I own a Romney owned Denon Blu-ray player. I own a Lumagen video processor made by an Oregon based company. How many people can say that?

obamas proposal is good for the country.bringing our troops home and rebuilding america would be even better.

Originally Posted by beenthere

Along with the rich, there are millions of middle class Americans that have money invested in the stock market, so here's a question I have.
If you had a good portion of your money invested in stocks, mutual funds etc. at the current 15% tax rate and Obama got his way, would you pull your money out before the rate increased to 30%, and do you think thousands if not millions would do the same?

I believe this would be disaster.

When you sell a stock it depends on how long you held it. If you sell it less than a year after you purchased it you owe whatever your individual tax rate is, if you hold it for more than a year you owe the capital gains tax rate of 15%, unless you make no income, in which case the bottom 2 tax rates would owe ZERO% capital gains.

In essence, if you have been making millions of dollars on buying and holding a stock for over a year and then selling it and you have no actual income, then you pay ZERO taxes!!!! People wonder how rich people get off paying so little taxes sometimes and they think a marginal increase in the INCOME tax will cure it. I laugh at those people daily.