| reply to ITALIAN926
Re: Retirement Because that's what America is now. Enjoy the decline as the rich get richer!
We all must sacrifice for them. It's so hard being rich these days.
Did you ever read in your history book about the roaring 20's? We're going to soon take a trip back, and live it for ourselves. |
|
 DataDocMy avatar looks like me, if I was 2D.Premium
join:2000-05-14
Greenville, NC | The rich don't put their money in a bin, like Scrooge McDuck. It gets spent or invested.
Wise up. |
|
| Yes, it gets spent on yachts and vacation homes while the people who actually do the work continue to lose more and more. |
|
DataDocMy avatar looks like me, if I was 2D.Premium
join:2000-05-14
Greenville, NC | And someone built those didn't they? Sounds like job creation to me. |
|
| Of course, that's what illegal immigrants are for! |
|
 Oh_NoTrogglus normalus
join:2011-05-21
Chicago, IL | reply to DataDoc
said by DataDoc:The rich don't put their money in a bin, like Scrooge McDuck. It gets spent or invested.
Wise up.
You are completely wrong.
It does not get spent nor does it get invested.
They put their money into 2nd hand stocks and trade them to get the lower capital gains tax. It is just laundering.
Laundering money in stocks is an instant 22% return on your money by bypassing the taxes.
Only buying stock from an IPO is investing. Trading stocks do NOT bring any dollars to the company. 99% of stock traders are not investors. |
|
DataDocMy avatar looks like me, if I was 2D.Premium
join:2000-05-14
Greenville, NC Reviews:
 ·Suddenlink
| I suppose commissions don't get spent either. And no rent paid on company offices.
You fail to acknowledge that money that changes hands always adds to the economy in some way. You just don't like the method.
--
US Border Agent Brian Terry was disarmed by the very bureaucrats that armed his killers.
"People do things the president wants to do even though it's wrong, and the president can be wrong." |
|
|
|
axus
join:2001-06-18
Washington, DC | reply to Oh_No
I thought the only way you could buy stocks without the income taxed beforehand was IRA/401k, and only up to a certain limit? |
|
| reply to DataDoc
not everyone needs a boat but everyone needs a bar of soap. so that yacht place employs 20 people while the soap company employs 200 people. thats job creation
you described trickle down,
thanks for the peanuts master |
|
CXM_SplicerLooking at the bigger picturePremium
join:2011-08-11
NYC
kudos:1 | reply to DataDoc
Yes, most of it gets invested... in offshore accounts waiting for a 'tax holiday' where it doesn't do anyone any good. |
|
