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C Dundee
Dahlonega, GA
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Bill in Dville wrote: <quoted text> Somewhat interesting post, but too much of a "straw man" argument. "Since you and others say that because income tax loopholes exist and are legal that you should take advantage of them. Not just some of them, but all of the tax breaks that are available." Ponder this: Why would someone pay any more in taxes than they're legally required to pay? Are you faulting someone for not paying more than required? Do you pay more than required at the grocery store? A restaurant? On YOUR taxes? BTW, can you explain the difference between a loophole and a tax deduction? "Straw Man" Sure, whatever man. You have got to be the most arrogant person i've ever read on here. Just full of yourself or something else. It's people like you who get away with paying less taxes than the average man because of capital gains tax rates and other bullsh-t.
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Since: Jan 10
Location hidden
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The Jokes on You wrote: <quoted text> I figured you wouldn't answer the questions. But, then, you really don't have to, do you? We all know the answer. But I do give you credit where it's due. You would make a fabulous spin man - perhaps you should go into politics. Your ethics and morality would be just perfect. Why should I answer questions when you can't and don't? Typical of the clueless and uneducated...
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The Jokes on You
Murphy, NC
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Synergy wrote: <quoted text> It's human nature to try to protect what you have worked for. Why is it only the "rich" who should look at it from a moral standpoint? When is the last time you've asked someone gaming the welfare system how they felt morally about that? See the problem here? YOU are expecting the rich to feel quilty over money they have earned and want to protect, however, you aren't expecting those who are able bodied and capable of working to feel quilty because they are gaming and making it difficult for those who really need and deserve the help. It's that old liberal double standard. If someone has worked and earned their money, what is immoral about protecting it as long as they aren't breaking the law? If you qualify for food stamps, etc.and choose not to take them, I admire you for your pride and productivity, however, if you truly need help, you should take it. That is what it is for. Liberals are always exclaiming, "It's not fair". Well, it's not fair to expect the producers to feel quilty, but not the welfare system gamers. Where is your outrage about that? Oh, now you're physic, are you? I assure you, I have NEVER been easy on anyone who I know is "gaming" the system when it comes to welfare, food stamps, etc. And yes, I have asked at least one person how they think it's moral or ethical to get welfare when they're able to work. Other than that one person, I don't personally know anyone else who is milking the welfare system. However, I do know a number of people who cheat on their taxes, set up businesses to lose money for tax write offs, etc.
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The Jokes on You
Murphy, NC
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Bill in Dville wrote: <quoted text> Why should I answer questions when you can't and don't? Typical of the clueless and uneducated... Since you don't answer, I guess that makes you clueless and uneducated. Funny how that works. Maybe you should read your responses before posting. Oh, and we already know what else you are... it's perfectly clear.
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Ohio Pete
Dahlonega, GA
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Judged:
1
1
The Jokes on You wrote: <quoted text> Since you don't answer, I guess that makes you clueless and uneducated. Funny how that works. Maybe you should read your responses before posting. Oh, and we already know what else you are... it's perfectly clear. Ooowww, smack down!!!! Three points from the half-court line!!!
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Since: Nov 08
Location hidden
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The Jokes on You wrote: <quoted text> Oh, now you're physic, are you? I assure you, I have NEVER been easy on anyone who I know is "gaming" the system when it comes to welfare, food stamps, etc. And yes, I have asked at least one person how they think it's moral or ethical to get welfare when they're able to work. Other than that one person, I don't personally know anyone else who is milking the welfare system. However, I do know a number of people who cheat on their taxes, set up businesses to lose money for tax write offs, etc. Well, then I guess you need to appoint yourself their moral compass and take them to task. While you are at it, look a little HARDER for those gaming the system. Your response to that part of the equation was just a little too convenient. pfft
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The Jokes on You
Murphy, NC
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Judged:
1
1
Synergy wrote: <quoted text> Well, then I guess you need to appoint yourself their moral compass and take them to task. While you are at it, look a little HARDER for those gaming the system. Your response to that part of the equation was just a little too convenient. pfft Wow, is that as good as you can come back with? Pathetic.
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Since: Jan 10
Location hidden
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The Jokes on You wrote: <quoted text> Wow, is that as good as you can come back with? Pathetic. An ironic comment coming from one such as yourself...
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Since: Nov 08
Location hidden
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The Jokes on You wrote: <quoted text> Wow, is that as good as you can come back with? Pathetic. Hey! I got the best of YOU. That's good enough for me.(BTW, you and your pitiful double standard are the very definition of pathetic.)
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Since: Jan 10
Location hidden
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C Dundee wrote: <quoted text> "Straw Man" Sure, whatever man. You have got to be the most arrogant person i've ever read on here. Just full of yourself or something else. It's people like you who get away with paying less taxes than the average man because of capital gains tax rates and other bullsh-t. Another clueless and uneducated comment... Oh, we've met? "It's people like you who get away with paying less taxes than the average man because of capital gains tax rates and other bullsh-t." How do you know what taxes I pay? Omnipotent? Nah, probably just impotent... We all pay the same tax rates, don't we? Or is that beyond your comprehension? BTW, even with capital gains, I pay a higher OVERALL tax rate than the average person. But that's probably beyond your ability to understand...
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ladybug63l
Cartersville, GA
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Bbcćgf Will Dockery wrote: <quoted text>No, that's really just another Right Wing/Teabagger fantasy. -- "Over You" / Will Dockery & The Shadowville All Stars http://youtu.be/4rvCp_ y yx u
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Teacher
Blairsville, GA
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Judged:
1
The Jokes on You wrote: <quoted text> ...set up businesses to lose money for tax write offs, etc. For example: The CG rate is nothing compared to some other tax loopholes that are out there - IF you're invited to sit down at the table and that happens only if you net worth is.... There are at least three areas of business that enjoy special loopholes, and all three are high-profile - professional sports, car racing (NASCAR and F1) and the motion picture industry. In pro sports, the team is incorporated as a Limited Partnership (they all are), and an LP share runs from between $100 million to $300 million, depending on which table you're at. What do you NOT get for your investment? A ROI (profit)! But that's the game. First, you'll get guaranteed operating LOSSES on the investment (share) that run into the millions. You also get to write off a 187% accelerated declining balance depreciation (over 5 years) plus a 3% investment tax credit. After the five years? You "trade" with one of the other LPs and start the process all over again. The other two areas operate a little differently but the results are the same. LOL! One that's amusing: The original "Rocky" has grossed well over a billion dollars, but has yet to show a taxable profit! "Top Gun" and "Days of Thunder" are both big losers as are others. All that is really great if you're having a good year. If it's not such a good one, you "sell" your interest to one of the other LPs who is having a good one, for a handsome amount, who pays you using off-shore shell corporate accounts. Sure, all of us could do the same thing, it's all legal, but we need to have a net, before tax, off-setting income that is in the hundreds of millions before you get to play. And some of you bitch about some poor bastard gaming the system.
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peacock
Pasadena, CA
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The one arrogant engineer is about as dull & arrogant as human can possibly be. The remaining few only impress themselves, calling any other posts/comments uneducated. Gag. You lost me at "Synergy", "D-ville" & "Jeb". Now meet at the club, poke that ole cigar in yo mouth, have a bourban and dream of 67. Yeah, all things important.
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peacock
Pasadena, CA
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Did I mention the arrogance?
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DAN
Dalton, GA
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Teacher wrote: <quoted text> For example: The CG rate is nothing compared to some other tax loopholes that are out there - IF you're invited to sit down at the table and that happens only if you net worth is.... There are at least three areas of business that enjoy special loopholes, and all three are high-profile - professional sports, car racing (NASCAR and F1) and the motion picture industry. In pro sports, the team is incorporated as a Limited Partnership (they all are), and an LP share runs from between $100 million to $300 million, depending on which table you're at. What do you NOT get for your investment? A ROI (profit)! But that's the game. First, you'll get guaranteed operating LOSSES on the investment (share) that run into the millions. You also get to write off a 187% accelerated declining balance depreciation (over 5 years) plus a 3% investment tax credit. After the five years? You "trade" with one of the other LPs and start the process all over again. The other two areas operate a little differently but the results are the same. LOL! One that's amusing: The original "Rocky" has grossed well over a billion dollars, but has yet to show a taxable profit! "Top Gun" and "Days of Thunder" are both big losers as are others. All that is really great if you're having a good year. If it's not such a good one, you "sell" your interest to one of the other LPs who is having a good one, for a handsome amount, who pays you using off-shore shell corporate accounts. Sure, all of us could do the same thing, it's all legal, but we need to have a net, before tax, off-setting income that is in the hundreds of millions before you get to play. And some of you bitch about some poor bastard gaming the system. This is exactly what every business in america has done in the past and is doing today the only people that actually pays taxes the the little working person ,that is why the country suffers so much when all of them are not working .
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peacock
Pasadena, CA
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I'd guess you're best at slices, hooks, and short putts. Am I close?
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Teacher
Blairsville, GA
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DAN wrote: <quoted text>This is exactly what every business in america has done in the past and is doing today the only people that actually pays taxes the the little working person ,that is why the country suffers so much when all of them are not working . To varying degrees, yes, that's exactly what's happening! There are two prime, although small time examples going on right here in Towns County where losses are generating profits for the owners, who aren't from here and in fact may not have even visited the town. Big money buys "protection" and exemptions and special tax breaks from Congress, who profit as well yet those who "support" this person or that for office fail to take that into consideration. They play like it's a game - our team vs yours, good vs evil - but for big business and politicians, it's a serious business and making and keeping fortunes using the power of government is the name. As long as politicians keep us at each other's throats, they know we'll keep away from their's.
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peacock
Pasadena, CA
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Did I mention they all have ugly wives? Since you can dish it, just wondering if you can take it? Education won't buy a Victoria Secret model trophy wife, but I hear you can rent one? How's that for an ego boost?... 3 points from 1/2 court...Bam!!!!!
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Informed Opinion
Naples, FL
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Judged:
4
Teacher wrote: For example:
The CG rate is nothing compared to some other tax loopholes that are out there - IF you're invited to sit down at the table and that happens only if you net worth is....
There are at least three areas of business that enjoy special loopholes, and all three are high-profile - professional sports, car racing (NASCAR and F1) and the motion picture industry. In pro sports, the team is incorporated as a Limited Partnership (they all are), and an LP share runs from between $100 million to $300 million, depending on which table you're at.
What do you NOT get for your investment? A ROI (profit)!
But that's the game. First, you'll get guaranteed operating LOSSES on the investment (share) that run into the millions. You also get to write off a 187% accelerated declining balance depreciation (over 5 years) plus a 3% investment tax credit. After the five years? You "trade" with one of the other LPs and start the process all over again.
The other two areas operate a little differently but the results are the same. LOL! One that's amusing: The original "Rocky" has grossed well over a billion dollars, but has yet to show a taxable profit! "Top Gun" and "Days of Thunder" are both big losers as are others.
All that is really great if you're having a good year. If it's not such a good one, you "sell" your interest to one of the other LPs who is having a good one, for a handsome amount, who pays you using off-shore shell corporate accounts.
Sure, all of us could do the same thing, it's all legal, but we need to have a net, before tax, off-setting income that is in the hundreds of millions before you get to play.
And some of you bitch about some poor bastard gaming the system. I'm bribing my politician to pass a law creating a "Green Colored Metal Roof Tax Rate,(GCRTR). The GCRTR allows me to pay only 3% my income which I receive from rental residences with green colored metal roofs - the world needs more green colored metal roofs - and it's an incentive to me to invest in houses with green colored metal roofs. No more ALT for me ! Nobody better complain. All they have to do is come up with about $30K, have a good secure longstanding job, have additional disposable income that supports another $100K loan, good credit, and no personal problems like sick kids or parents, that use that disposable income. Yep, that's fair. Anyone can use the GCRTR. Who can complain about that ? Only those bitter because their incomes don't come from buildings with green colored metal roofs. Whiners.
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The Jokes on You
Murphy, NC
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Synergy wrote: <quoted text> Hey! I got the best of YOU. That's good enough for me.(BTW, you and your pitiful double standard are the very definition of pathetic.) You sound like a kindergarten kid. Grow up. Or is this you so-called "educated" people act?(Ooops, I have a college degree myself)
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