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CU Medallion [73569]
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Joined: 11/30/98
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DC statehood approved by house
Apr 22, 2021, 4:17 PM
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popcorn.gif
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Rock Defender [53]
TigerPulse: 90%
Posts: 35
Joined: 11/30/98
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Straight party line vote too
Apr 22, 2021, 4:23 PM
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All-In [34100]
TigerPulse: 100%
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Re: Straight party line vote too
Apr 22, 2021, 4:43 PM
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I'd be very happy to see capital gains taxes increase. It's especially critical for hedge fund managers and others who use the capital gains rate as a way to avoid the rates the rest of us pay on income, but in general I'm in favor of taxing investment income more highly than income people labor for. Having done both--worked for money and watched it appear through investments--I know which one I get more angry at being taxed on. The "it's my money!" reaction is far stronger when it's the money I've spent my working day earning.
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Rock Defender [53]
TigerPulse: 90%
Posts: 35
Joined: 11/30/98
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Re: Straight party line vote too
Apr 22, 2021, 4:51 PM
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All-In [34100]
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Re: Straight party line vote too
Apr 22, 2021, 5:12 PM
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It won't hurt the little old guy with their 401(k) unless they're making hedge-fund levels of capital gains on their annual investment profits, which precludes them from being a "little old guy."
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Rock Defender [53]
TigerPulse: 90%
Posts: 35
Joined: 11/30/98
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mutual fund returns
Apr 22, 2021, 5:18 PM
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All-In [34100]
TigerPulse: 100%
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Re: mutual fund returns
Apr 22, 2021, 5:25 PM
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Yes, you must be recalling Trump's balanced budget that just went away in January 2021. Darn those Dems!
You make a good point about the benefits of giving a tax break on inherited investments, but on the other hand I really don't care if rich kids don't get to inherit things tax-free. Considering where the estate tax line is currently drawn (approximately eleventy bazillion dollars), we are only talking about stupidly rich people.
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All-In [40344]
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Won’t hurt there little my tail
Apr 22, 2021, 5:29 PM
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Any of y’all ever receive any inheritance and pay capital gains taxes in that?
I’m no hedge fund manager and I lost a lot in that ordeal
Needs to be targeted at “real” capital gains if not already. I haven’t read anything on it
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Rock Defender [53]
TigerPulse: 90%
Posts: 35
Joined: 11/30/98
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Orange Blooded [4014]
TigerPulse: 68%
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Re: mutual fund returns
Apr 22, 2021, 8:07 PM
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Do you think Trump was spending money like a drunk sailor? You are aware of how the deficit did under him, are you not?
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Rock Defender [53]
TigerPulse: 90%
Posts: 35
Joined: 11/30/98
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Re: mutual fund returns
Apr 22, 2021, 8:11 PM
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CU Medallion [59982]
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Remind me why we care?
Apr 22, 2021, 4:58 PM
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Is it because it will be a Democrat seat for eternity?
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110%er [8940]
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Joined: 4/27/13
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Re: DC statehood approved by house
Apr 22, 2021, 5:09 PM
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commies will need to pack SCOTUS before trying to add senators
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Rock Defender [53]
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And will likely have to kill the filibuster before that
Apr 22, 2021, 5:12 PM
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110%er [8940]
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Re: And will likely have to kill the filibuster before that
Apr 22, 2021, 6:31 PM
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they will need to confiscate firearms before they can get any of these
however, they are doing a pretty good job robbing the treasury without any pushback
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110%er [5649]
TigerPulse: 92%
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Joined: 9/28/08
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Re: DC statehood approved by house
Apr 22, 2021, 8:28 PM
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The party of LIE-CHEAT-and-STEAL strikes again.
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