rightwinger
Award Winning USMB Paid Messageboard Poster
- Aug 4, 2009
- 285,251
- 158,239
You overstate the risk of investment. You win some, you lose some. The ones you win, you pay a lower tax rate. The ones you lose, you deduct from your taxes.More bullshitDo right wingers EVER wonder why....if their contention is that its democrats who destroy private sector jobs....the richest families are..........
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That's because of the class warfare that is PROPAGATED by the left.. Mostly consisting of lies and stuff about economics that they do not understand. Why belong to a party that VILLIFIES you for nothing. And uses you as a scapegoat for their FAILURE to lead and administer the Federal Government..
Like for instance, not understanding the difference between living on INCOME and living on INVESTMENTS.
What's the difference there? One is little personal risk. The other is TOTAL personal risk. Dems (leftists) are RISK adverse and seek to mold a RISK - FREE society.
Trust me -- you would not want a RISK -- FREE American economic system..
Investment income should be taxed the same or more as the income from labor
Labor actually creates wealth
U amst had that right
More bullshitDo right wingers EVER wonder why....if their contention is that its democrats who destroy private sector jobs....the richest families are..........
![]()
That's because of the class warfare that is PROPAGATED by the left.. Mostly consisting of lies and stuff about economics that they do not understand. Why belong to a party that VILLIFIES you for nothing. And uses you as a scapegoat for their FAILURE to lead and administer the Federal Government..
Like for instance, not understanding the difference between living on INCOME and living on INVESTMENTS.
What's the difference there? One is little personal risk. The other is TOTAL personal risk. Dems (leftists) are RISK adverse and seek to mold a RISK - FREE society.
Trust me -- you would not want a RISK -- FREE American economic system..
Investment income should be taxed the same or more as the income from labor
Labor actually creates wealth
You ALMOST got that right. Both labor and investment create wealth. BOTH are required for economic health and growth. But labor income has little risk -- while investment income is almost total risk. And leftists don't like risk. Their policies are DESIGNED to create a ZERO RISK society.
And I explained the Romney phony marginal rate absolutely correctly. No Bullshit required. Leftists ought to be kissing the asses of the risk-takers, because that's where the jobs come from. Don't believe me -- watch Shark Tank --- or do as I did and work in Silicon Valley for 18 years. We wouldn't HAVE a Silicon Valley without investment risk takers living on Capital Gains. And the Fed Govt that you all worship is WAAAAY too stupid and incompetent to substitute for the process of investment capital and entrenprenuership.. Shouldn't even BE in that business. They SUCK at it..
Labor creates a product. That product results in wealth. Investment either places money in option A or option B....no actual wealth is generated
Labor is far from low risk....your life depends on it. Investors make a poor choice, it is LABOR that pays with their livelihood