Toddsterpatriot
Diamond Member
- May 3, 2011
- 102,077
- 36,123
I agree, no more "green energy" subsidies.We really didn’t need a handout for the rich and increased deficits....Oh no, people sitting on their own money! We shouldn't allow that, eh comrade? People who don't do what you want with their money should be punished. Kill the greedy kulaks, eh?Typical right wing behavior. Knee jerk reaction, smart ass comment, proven totally wrong, attempt to deflect, and never, ever, under any circumstances admit you were wrong. Again, long term capital gains tax rates are almost always lower. For a married couple taxes on capital gains don't even start until $77,200. Yet if that couple were out working they would have to start paying taxes after the first $13,350.
Just assume I'm right and you are wrong. For example, do you know what the new standard deduction is for a married couple? The answer is no you do not. Here this is for you
Doubling down on stupid I see. Of course I know what the new standard deduction is stupid shit. Do you know what the new personal exemption is? And your calculations on the sixty grand couple were wrong. They would have to pay $5,225.25. But if the sixty grand would have been long term capital gains they would have paid ZERO. Not only that, they could have had a hundred grand in capital gains and paid ZERO in taxes.
Think about that for a moment. You have one couple, retired in Florida, that take capital gains each year that are equivalent to $8,000 a month. They have a 401K but since they are under 70 and a half and their financial consultant sucks ass, well they just continue to let it grow.
Then you have another couple, worked hard all their life and manage to build a little 401K. They draw five grand a month, three grand less than the other couple. But they have to set aside over four hundred dollars a month to pay taxes. In what damn world does that seem appropriate?
Well, these morons think all those Wall Street types and billionaires are going to take all those tax cut funds and start businesses with lots of high paying jobs or something, even though they never have in human history. They do what they always do, sit on it until they can weasel guaranteed profits for themselves out of Congress. and state govts.