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Old 02-24-2008, 07:22 PM   #31
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Originally posted by anitram

I ask you, would you rather make $35K/year so you can avoid being taxed these extra $5K? I sure as hell wouldn't give up my salary just so I can be at a lower rate. In fact I find something distasteful about people in my position constantly complaining about their taxes while they drive their asses to work in a Lexus, have a 7 figure McMansion out in the suburbs and vacation in Fiji twice a year. Yeah, you're really suffering, I don't know how you can make it through the day, people.


don't you see?

if they were taxed less, they'd be more hard working, and then they'd buy a *third* Lexus.

a rising tide raises all boats, right?
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Old 02-24-2008, 07:22 PM   #32
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Tax avoidance is a thing of beauty, it is an art of statutory interpretation, it is a fine dance between tax lawyers and the government.
LOL! Seriously. You guys creep me out. I shift from one butt cheek to the other when I see those silly tax services on TV -- Help with garnishments, liens, interest and penalties! We can settle your debt for pennies on the dollar!

Give me the flat rate. At least it's something I understand.
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Old 02-24-2008, 07:25 PM   #33
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Yeah, but anitram, there are cases where it seems a bit unjust no?

Like when the people win $1M on Deal or No Deal, and only get to take home $550k!

Lol.
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Old 02-24-2008, 07:25 PM   #34
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Quote:
Originally posted by Irvine511


a rising tide raises all boats, right?

Not here in Cali. There's no tax on yachts, but the schools' budgets are gonna be decimated.

NO TAX INCREASE!
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Old 02-24-2008, 07:25 PM   #35
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Originally posted by MadelynIris
Yeah, but anitram, there are cases where it seems a bit unjust no?

Like when the people win $1M on Deal or No Deal, and only get to take home $550k!

Lol.
No tax on windfalls or lottery winnings in Canada - everybody up and move!
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Old 02-24-2008, 07:27 PM   #36
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windfalls
You mean, like when you sell a company?
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Old 02-24-2008, 07:31 PM   #37
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Originally posted by ntalwar
Tax credits should be shifted from the oil companies to green energy companies. This will help with innovation and investment.



A lot of Danes have moved to London and elsewhere in Europe.
http://www.iht.com/articles/2007/12/...ness/labor.php
Interesting.
I was just recalling a survey I've read in a German newspaper's article in the weeks before the Danish election, where the majority of Danish said they don't want to hear from their politicians about tax cuts. Maybe they didn't ask enough in the higher income brackets'.

Maybe I read a bit more into it, I'm still looking for the right subject for my political economy classe's term paper.

Thank you!
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Old 02-24-2008, 07:34 PM   #38
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Quote:
Originally posted by MadelynIris
Yeah, but anitram, there are cases where it seems a bit unjust no?

Like when the people win $1M on Deal or No Deal, and only get to take home $550k!

Lol.
It's 550k more than they left the house with that day.

Seriously, people who bitch about free money, just need to shut up.
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Old 02-24-2008, 07:43 PM   #39
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BVS,

The Deal or No Deal thing was a joke.

But what if you worked for 30 years to build a company, sell it for $1M, say for your retirement, but the governemnt took $450k of that, you'd be ok with that? Seems a bit over the top to me, but...
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Old 02-24-2008, 08:06 PM   #40
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Re: Taxes - are you concerned about them going up?

Quote:
Originally posted by MadelynIris

I did the math, and I'll be looking at about 5000 more per year. This is a huge factor for me, and a reason NOT to vote for him.
Better to vote for the party that believes in deficit spending.
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Old 02-24-2008, 08:24 PM   #41
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BVS,

The Deal or No Deal thing was a joke.

But what if you worked for 30 years to build a company, sell it for $1M, say for your retirement, but the governemnt took $450k of that, you'd be ok with that? Seems a bit over the top to me, but...
Give unto Caesar...

Why is this any different from any other taxable income? The country doesn't run for free. Why do you expect to be?
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Old 02-24-2008, 08:32 PM   #42
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Quote:
Originally posted by MadelynIris

Like when the people win $1M on Deal or No Deal, and only get to take home $550k!


all i know is i want to get on "One Vs. One Hundred."

that shit is easy.
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Old 02-24-2008, 08:32 PM   #43
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Why do you expect to be?
Expect to be what? Exempt or something?

This scenario is different. It's capital gains, so the taxation is applied different. Idea is that 'capital', hence the term capitalism, isn't necessarily looked at as income. That it will most likely be reinvested (kind of like gains on a house).
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Old 02-24-2008, 08:33 PM   #44
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Originally posted by BonoVoxSupastar

Why is this any different from any other taxable income? The country doesn't run for free. Why do you expect to be?


duh.

roads pave themselves.
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Old 02-24-2008, 08:41 PM   #45
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Oh, and apparently it's exempt in Canada. So yeah, good reason to move there. Keep the capital flowing.
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