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Lived there
Blairsville, GA
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General Robert E Lee wrote: <quoted text> How does your idea handle this scenario? Here is one for you. I invest $100, that I have saved up over time. Next year, I receive a $200 dividend. Do I have to pay the full 25%, on the full $200, as income tax in your example? It should be taxed the same as stock certificates are - only on the increase in value over purchase price, if the stock is cashed out, and/or on the dividend received (not deferred) during that FY. That is assuming you made the investment using after tax monies (savings) or didn't borrow the money to make the initial buy, and that the investment has not been otherwise depreciated (from use) for tax purposes. Short answer to your question; no!
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Lived there
Blairsville, GA
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I mis-typed that - yes, you would have to pay the tax on the dividend at the full rate (but not on the original investment).
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“Marble Man”
Since: Jul 11
Soque River, GA
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Judged:
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Lived there wrote: I mis-typed that - yes, you would have to pay the tax on the dividend at the full rate (but not on the original investment). Did the "corporation" already pay a tax on that $200 as income?
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Informed Opinion
Naples, FL
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Judged:
1
General Robert E Lee wrote: <quoted text>Did the "corporation" already pay a tax on that $200 as income? Does it matter ? A corporation is a completely separate independent entity/person that is set up so the owners can use it as a shield against liability for negligence as torts, and to funnel funds and expense to. Heck, it's so separate and distinct it can participate in the election process. When you sue someone and/or their corporation, the stockholder shouts "Sue the corporation, not me, I have nothing to do with the corporation but own stock in it !" Later, when the corporation pays dividends to the stockholder, he (not saying you), shouts "Wait, didn't the corporation already pay taxes on it, I own the corporation, it's really just me, your taxing me twice !" Seems impossible to have it both ways, either a corporation is a separate and distinct entity/person, or it's not. Just one of those things that always seem to occur and nobody is challenged on the theory. Hey, French Toast coming !
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Bored
Navarre, FL
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Judged:
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Informed Opinion wrote: <quoted text> Does it matter ?
"Wait, didn't the corporation already pay taxes on it, I own the corporation, it's really just me, your taxing me twice !"
Hey, French Toast coming ! Boring.
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Lived there
Blairsville, GA
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Judged:
1
General Robert E Lee wrote: <quoted text> Did the "corporation" already pay a tax on that $200 as income? I see where you're going with this now. "...Corporations are not people, therefore...?" Or "... Romney actually paid 43%(or whatever) tax on...?" When I invest I look to see if they "pass through" profits, as more and more large companies are doing today by re-writing their corporate charter accordingly. http://www.forbes.com/2010/04/01/ge-exxon-wal...
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Since: Jan 10
Location hidden
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making and buying meth is not considered investing...
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“Marble Man”
Since: Jul 11
Soque River, GA
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Please wait...
Judged:
1
Lived there wrote: <quoted text> I see where you're going with this now. "...Corporations are not people, therefore...?" Or "... Romney actually paid 43%(or whatever) tax on...?" When I invest I look to see if they "pass through" profits, as more and more large companies are doing today by re-writing their corporate charter accordingly. http://www.forbes.com/2010/04/01/ge-exxon-wal... Want to see and end to all of this?
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Lived there
Blairsville, GA
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General Robert E Lee wrote: <quoted text> Want to see and end to all of this? Why not? The day is slow and I'm bored to tears.
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Columbus Native
Oklahoma City, OK
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Jokes wrote: Ya'll are worried about taxes. You should be worried about obama and his his attack dogs. Money is the least of the worries. He is sitting on the throne. He ain't going no where. He'll get a third term after he creates a crisis. Then a huge crisis and he'll insure his throne for life. Then his dynasty. His wife and daughters shall carry it on like pharoahs. Wanna be king george bush the 2nd wanted it first but his timing was off slightly. This is why he allowed so much white collar crime in the banks and Wall Street. we are paying for these crimes now and will be paying for them indefinetly.
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Columbus Native
Oklahoma City, OK
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Judged:
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1
Take your meds and call us in the morning. If that does'nt work, we will have to put you on some stronger medication.
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“Marble Man”
Since: Jul 11
Soque River, GA
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Lived there wrote: <quoted text> Why not? The day is slow and I'm bored to tears. You know what the solution is. There is one sure fire way out there to end all the BS about who paid, or should pay, and at what rate, what can or cannot be deducted. What is that solution?
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Lived there
Blairsville, GA
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General Robert E Lee wrote: <quoted text> You know what the solution is. There is one sure fire way out there to end all the BS about who paid, or should pay, and at what rate, what can or cannot be deducted. What is that solution? The Mafia!
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jeb stuart
Jesup, GA
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Judged:
1
Synergy wrote: <quoted text> Oh, brother. Your comprehension is lacking, too. And your childish misspelling of Republican isn't helping your cause. I don't know of a Republican president who has saved the day and I damn sure don't know of a Democrat president who has saved the day either. At this point, it's going to take Superman and NO! Obama ISN'T Superman regardless of what you libs think. who would you reccommend as the superman,seriously.
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Since: Nov 08
Location hidden
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jeb stuart wrote: <quoted text>who would you reccommend as the superman,seriously. Seriously? I have NO idea of who can turn this around. I don't know why ANYONE would want the job. When serious "fixing" starts taking place, it's going to be very painful for all of us for quite a while, but for future generations, we need to do it. Do you have anyone in mind?
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jeb stuart
Jesup, GA
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Synergy wrote: <quoted text> Seriously? I have NO idea of who can turn this around. I don't know why ANYONE would want the job. When serious "fixing" starts taking place, it's going to be very painful for all of us for quite a while, but for future generations, we need to do it. Do you have anyone in mind? again,i really don't,but looking towards the future-i do kinda like susan eisenhower,but she is not ready for this mess yet.it is too bad that we don't have roosevelt,teddy or franklin(as you know,one was a rep.the other a dem.)but i do believe we should all be open to suggestions since the situation is definitely dire.party affifilation not withstanding.
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“Shadowville All-Stars”
Since: Dec 08
Columbus, GA
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Carson McCullars wrote: Carson McCullars was only foisted as a great because she CUCKOLD her husband and was a cross dressing lesbian both acts hollywood-greenwich village applauds and rewards. Wearing men's clothes like Madonna and Marlene Dietrich. Do you mean Carson McCullers, my semi-literate, anonymous little friend? http://en.wikipedia.org/wiki/Carson_McCullers Carson McCullers (February 19, 1917 – September 29, 1967) was an American writer. She wrote novels, short stories, and two plays, as well as essays and some poetry. Her first novel The Heart Is a Lonely Hunter explores the spiritual isolation of misfits and outcasts of the U.S. South. Her other novels have similar themes and are all set in the South. Criticism "Mrs. McCullers and perhaps Mr. Faulkner are the only writers since the death of D. H. Lawrence with an original poetic sensibility. I prefer Mrs. McCullers to Mr. Faulkner because she writes more clearly; I prefer her to D. H. Lawrence because she has no message." – Graham Greene "[Her work is] one of the few satisfying achievements of our second-rate culture."[6]– Gore Vidal "Moving, yes, but a minor author. And broken by illness at such a young age." – Arthur Miller "Carson's major theme; the huge importance and nearly insoluble problems of human love." – Tennessee Williams. Although McCullers's oeuvre is often described as "Southern Gothic," she produced her famous works after leaving the South. Her eccentric characters suffer from loneliness that is interpreted with deep empathy. In a discussion with the Irish critic and writer Terence de Vere White she said: "Writing, for me, is a search for God." Other critics have variously detected tragicomic or political elements in her writing.
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Lived there
Blairsville, GA
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Judged:
1
Synergy wrote: <quoted text> Seriously? I have NO idea of who can turn this around. I don't know why ANYONE would want the job. When serious "fixing" starts taking place, it's going to be very painful for all of us for quite a while, but for future generations, we need to do it. Do you have anyone in mind? Those waiting on an elected Messiah to come along and lead us out of this quagmire we're in, good luck! The road we'll have to take is the same bloodied route we took when we were young and idealistic, and immortal, a road that ended the Vietnam War and also won equal rights for all. Don't look for deliverance through the gilded halls of Congress or the White House, rather through a perhaps violent uprising by the Proletariat.
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“Marble Man”
Since: Jul 11
Soque River, GA
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Lived there wrote: <quoted text> Those waiting on an elected Messiah to come along and lead us out of this quagmire we're in, good luck! The road we'll have to take is the same bloodied route we took when we were young and idealistic, and immortal, a road that ended the Vietnam War and also won equal rights for all. Don't look for deliverance through the gilded halls of Congress or the White House, rather through a perhaps violent uprising by the Proletariat. Fairtax.org , will solve a whole lot of issues.
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deal with it
Winter Haven, FL
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Synergy wrote: <quoted text> Look! You know as well as I that whomever is president when A, B or C happens, the sitting president gets the credit or the blame. So, you're saying that you aren't accustomed to hearing people speak the president's name when they are complaining or praising the government???? How many times did the Obama worshippers claim that Obama got Bin Ladin? Actually, the Navy Seals got Bin Ladin, but Obama was the hero because it happened on his watch. If you deny that, you aren't being honest. Yea sure, Obama gave to Ok to make the kill. Your hero poser Bush passed at the very beginning of the war, thats a fact. Deal with it
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