Lake Erie Conservative

thoughtful discussion(s) about issue(s)

Posts Tagged ‘capital gains taxes’

…Donald Trump should Know Better [#tax cuts]…

Posted by paulfromwloh on Tuesday,May 17th,2016

.. recently , on TV interviews , the Donald actually said that taxes should go up on the wealthy . Is he nuts ?? ..

.. his likely support base is from conservatives , the GOP , and right – leaning independents [and likewise among Dems] . They will want to put more money in the pockets of the common taxpayer . Who wouldn’t ?? . I sure would !! ..

.. [h/t — Newsmax.com]..
.. [link] to the blog post ..

.. the economy is crying out for the encouragement of investment . It doesn’t matter what . The issue of economics and taxes will help find the best locations and uses of investment capital . Physical capital would not be such a bad idea . But the investment in human capital would be even better . The investment in all forms of capital has been gravely discouraged during the Obama Years . As a result , businesses and individuals only invest in what they have to do , not in what they want to . Our economy has suffered as a result ..

.. you also want to encourage investment > The best way to do that is to cut rates , especially long – term rates , on capital gains on investments [no matter what the investment is , or what shape or form it is] . The longer – term the investment , the better . Raising them [somewhat] on short – term rates [to deter speculation] would not be a bad idea . Extremely short – term , not intermediate – term rates would be the target ..

.. believe you me , the Donald will track these statements back , and quickly ..

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… The E.U. will just love This [#supply side tax cuts]…

Posted by paulfromwloh on Sunday,June 29th,2014

.. in Spain ? ..

.. yes , in Spain .

.. some spending restraint would be helpful folks . Dan Mitchell [Cato Institute] is right . The tax cuts will be a help . The thing is that they are too small . They need to be bigger and bolder …

.. [h/t — HotAir]..
.. [link] to the blog news ..

.. sharper tax cuts , especially to individual income taxes , as well as capital gains taxes , would be a big help . What would also help is liberalization of the employment market …

.. You have a big problem in Spain . The unemployment rate is stuck at 26.5% . Yes , it is that high . Employers are , however , reluctant to hire . Guess why ? One reason is that it is so hard to fire or terminate an employee . You want to take a big whack out of that ? You have to take the risk that people will be let go . Then employers will be willing to hire people …

.. Also , figure out a way for supply — side employment tax cuts . Another way to discourage hiring is to tax the hell out of it . Reform the social insurance system would help . Also , encourage employers to invest in human capital [people] as well as physical capital [plant] . Also , accelerate the tax write – off for depreciation …

.. Short – term , you will lose some tax revenue , while the private sector and the government adjust . It does take time for investment to have an effect on an economy . But , be patient . It works . Every time . And when it does , wow , it will shock everyone at how effective that it will be …

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… Now You Get the Idea [from the MahaRushie] …

Posted by paulfromwloh on Monday,March 31st,2014

.. why Matt Drudge is right on the button …

.. [h/t — theRightScoop]..
.. [link] to the show segment ..

.. Matt is an individual businessman , a small businessman . He files estimated taxes , and is required to ” think forward , ” not backward , like most folks with earned income do . Those with the great mass of their income from unearned income [capital gains , interest , and dividends] as well as small businesses , as requried to file estimated taxes [and , to ” look forward , ” tax wise] …

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… it is apples and oranges …

Posted by paulfromwloh on Friday,July 13th,2012

… I have dealt with people s taxes , including my own , and the difference is in the pudding …

… or , in this case , in the fruit …

… apples (earned income) is indeed taxed progressively , and fairly . too progressively, if you ask me …

… as your nest egg builds , your income from interest (still earned income), and dividends (ditto) come out , but you build capital assets (investments, ergo oranges) you start to get capital gains [hopefully]…

… the difference is that with earned income , you do get it , generally , but with capital assets , you are not guaranteed to get your money back . you have put your money at risk …

… you do it in a bank … in bonds , stocks … commodities…other financials …

… get the idea …

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