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last nights debate

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reps need to stop these post haste -they are killing themselves and look frankly awful

 

newt and mitt are showing the world how awful each other really is

 

newt was funny engaging in major history re invention like his past actions are not documented

 

mitt looks great with him and his wife paying 13-15% taxes while asking everybody else to pay way more and acting like he is a peoples man lol

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One of them will be "The McGovern" of 2012.

 

to wit..

 

"McGovern, I gathered, though nobody said so out loud, was the butt of a rather elegant practical joke. He was a Winner who had been encouraged by other Winners to identify himself with Losers, to bury himself up to his neck in the ********* of Populism, so to speak.

 

Losers hate to vote for Losers. They know what Losers are.

 

So Nixon would win. "

 

Substitute Romney or Newt for McGovern, Obama for Nixon & history repeats itself. again... Last time it was McCain; before that Gore.

 

Extra points if you know who the quote is from.

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mitt looks great with him and his wife paying 13-15% taxes while asking everybody else to pay way more and acting like he is a peoples man lol
It's really unfortunate that people simply don't understand the difference between earned income and non earned (or passive) income.

 

You pay a lower rate non-earned income.

 

It's just that simple.

 

 

 

 

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Quote:

Originally Posted by Kings over Queens View Post

 

It's really unfortunate that people simply don't understand the difference between earned income and non earned (or passive) income.

 

You pay a lower rate non-earned income.

 

It's just that simple.

 

venture capitalists blur the distinction in my opinion,

 

 

 

I'm gonna buy a company,

 

I'm gonna manage the company,

 

but it's an investment.

 

 

 

OK.

 

 

 

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venture capitalists blur the distinction in my opinion,

 

I'm gonna buy a company,

I'm gonna manage the company,

but it's an investment.

 

OK.

 

 

then you learn more about VCap and Private Eq.

 

Lots of resources out there.

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It's really unfortunate that people simply don't understand the difference between earned income and non earned (or passive) income.

You pay a lower rate non-earned income.

It's just that simple.

 

I understand it and I dont agree with it

 

some people dont understand I guess when you put your money in the caymans and swiss banks it is to avoid paying taxes

 

 

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It's really unfortunate that people simply don't understand the difference between earned income and non earned (or passive) income.

You pay a lower rate non-earned income.

It's just that simple.

 

 

 

 

Unearned income is theft.

 

 

Abolish the class system.

 

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I understand it and I dont agree with it

some people dont understand I guess when you put your money in the caymans and swiss banks it is to avoid paying taxes

 

 

 

 

:read: Tax avoidance is legal.:read:

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I understand it and I dont agree with it

some people dont understand I guess when you put your money in the caymans and swiss banks it is to avoid paying taxes

 

Don't agree with it?

 

Do you own any investments at all? Mutual fund, stocks, retirement funds? Anything?

 

If you do, and those go up in value, you would pay the same rate as him on the gain.

 

That's bad? Should you (and he) pay more?

 

 

 

 

 

 

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I understand it and I dont agree with it

some people dont understand I guess when you put your money in the caymans and swiss banks it is to avoid paying taxes

 

:kook:

 

Now you really don't understand it...

 

The Treaties between The USA and Switzerland / or the Cayman Islands clearly demonstrate the rationale for allowing this service.

 

:rolleyes:

 

What don't you understand about a treaty on double-taxation?

 

If the IRS believes a Taxable Event has occurred, but went ureported, I bet dollars to donuts that there would be a ****eload of evasion cases on the docket with account domiciles in Switz and CI...

 

It ain't true.

 

Again - familiarize yourself with the subject matter.

 

The treaties, includinng IRS commentary, are avalable Public Information.

 

 

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:read: Tax avoidance is legal.:read:

 

It's not neccesarily "Tax Avoidance" under a Legal Definition.

 

It is one of several Treaties that allow assets to fairly taxed within an international framework.

 

Do you own any investments at all? Mutual fund, stocks, retirement funds? Anything?

 

 

Most Open-End Funds and Blind trusts are in CI accounts.

 

the other added benefit of the Tax Treaties: it affords royalty protection from tariffs over a broad scope of intellectual property instruments.

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Don't agree with it?

Do you own any investments at all? Mutual fund, stocks, retirement funds? Anything?

If you do, and those go up in value, you would pay the same rate as him on the gain.

That's bad? Should you (and he) pay more?

 

sure I own plenty and I think all income from everybody should be charged the same flat tax rate

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:kook:

Now you really don't understand it...

The Treaties between The USA and Switzerland / or the Cayman Islands clearly demonstrate the rationale for allowing this service.

:rolleyes:

What don't you understand about a treaty on double-taxation?

If the IRS believes a Taxable Event has occurred, but went ureported, I bet dollars to donuts that there would be a ****eload of evasion cases on the docket with account domiciles in Switz and CI...

It ain't true.

Again - familiarize yourself with the subject matter.

The treaties, includinng IRS commentary, are avalable Public Information.

 

are you familiar with UBS switzerland? if not you should read up on it before posting your above statement

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