it has to do with retiring because there are no new jobs being created, and the older workers are not retiring, so the younger generations have no jobs to move into. they just become more people on extended unemployment and moving back in with their parents. the continuity of contributions is disrupted because there will be no one able to directly replace the older workers as they begin to die off. the younger workers will not pick up the higher salaries and continue the higher contributions. they will get lower salaries and make lower contributions so the program funds will reduce.
you didnt read my post, you're arguing against your own points & too many things that we're probably not talking the same topic..dont even know where to begin.., i lost interest.between you heinous marks bob dylans theory of economics i fuken quit.this link is what i was talking about....if interested.http://www.nytimes.com/2010/10/17/ma...pagewanted=all
they write the cap gains rules to fuck the middle class. They get tied to the middle class so the middle class working Joe argues to keep them as low as possible, even though he/she cant benifet the way the rich do.Cap gains should be 0% for the first say $50,000 (so it doesnt effect middle class retirement funds). After than it should be the same rate as every other form (37-39%)
the middle class benefits tremendously by cap gains tax, do any of you fucking loser idiots have...nevermind...rich peepo is bad crooks, por peepo gud.
thats investment money bro, take away the tax incentive & no one will be risking investing in our countries bidness. i've never even heard a democrat argue for cap gains tax of more than 20% which its probably going to be raised to. raise cap gains tax higher than income tax will send the markets to tank fast with no recovery...thank god even every dumbfuk in washington knows that basic economic fact & you knee jerk idiot wealth hating morons arent in charge. take a class at your local community college, it will open your eyes a little to the ways of the world.
Throughout the late-1940s and 1950s, the top marginal tax rate was typically above 90%; today itis 35%. Additionally, the top capital gains tax rate was 25% in the 1950s and 1960s, 35% in the 1970s; today it is 15%. The real GDP growth rate averaged 4.2% and real per capita GDP increased annually by 2.4% in the 1950s. In the 2000s, the average real GDP growth rate was 1.7% and real per capita GDP increased annually by less than 1%. There is not conclusive
evidence, however, to substantiate a clear relationship between the 65-year steady reduction in the top tax rates and economic growth. Analysis of such data suggests the reduction in the top tax
rates have had little association with saving, investment, or productivity growth. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution. The share of income accruing to the top 0.1% of U.S. families increased from 4.2% in 1945 to 12.3% by 2007 before falling to 9.2% due to the 2007-2009 recession. The evidence does not suggest necessarily a relationship between tax policy withregard to the top tax rates and the size of the economic pie, but there may be a relationship to how
the economic pie is sliced.f
FACTS SUCK HUH?
Last edited by BethsZygote; 11-13-2012 at 10:51 PM.
thought the discussion was cap gains rate? what economic theory do you just soak the fucking taxpayers & thats a viable solution to overspending?name a country on this planet that your tax & overspend plan works.you do realize that increasing the rates on the 250k crowd gains us a total of 58billion in revenue for 2013 vs the budget shortfall of 1 fuckin trillion for the same period, & we should raise the rates, said it before. but we have some of the highest corp tax rates in the world & in a global economy, corps have options like moving to a lesser taxed country. you do know that taxes are built into all products & services you consume correct, in other words they pass it along to customers, no business just absorbs their taxes.again this has turned into a wealth is bad & not paying fair share etc etc class warfare started by the hopey changy great divider that played you idiots for the fools you are.why dont you google the chart that shows what % of the budget the top 20%taxpayers contribute.i will never convince a simpleton like you that taxpayers making >250k are hard working driven assholes that pay more taxes in one year more than your petty little inbred class warfare inbred family will pay in your combined shitty little lives. your vitriol towards the folks who actually pay the taxes for your welfare state is mind boggling. & i no longer care to argue with your dumbassedness.wealthy taxpayers bad crooks not paying fair share...poor people of the welfare state with earned income credit good, i got it loud & clear. trust me.....idiocracy the movie, 2 thumbs up
Your post has nothing to do with what's being discussed, but...
Throughout the late-1940s and 1950s, the top marginal tax rate was typically above 90%; today itis 35%. Additionally, the top capital gains tax rate was 25% in the 1950s and 1960s, 35% in the
1970s; today it is 15%. The real GDP growth rate averaged 4.2% and real per capita GDP increased annually by 2.4% in the 1950s. In the 2000s, the average real GDP growth rate was 1.7% and real per capita GDP increased annually by less than 1%.
i like how the original argument was cap gains & they should be lower than income tax rates & then numnuts presents historical info that supports that argument... & omits the economic disaster of the 70's when the cap gains was 35% & inflation was 20%...good times there now.
Stripes, your comment about class warfare in my reputation was comical.
I guess we both agree it is class warfare, the only difference is i think its the rich attempting to keep everyone else from becoming rich like them. Ya know, that quote from that BI PARTISAN report that says "the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution."
Its too bad youre so brainwashed you see it the other way. Its cool, im sure you will be a 0.006% soon like Mitt, its not like there is a report that says the Elite are trying to protect their own, nor would they want to do something like that... o wait.
1. no one is seceding from anywhere.
2. can someone explain to me how and why republicans, conservatives, and tea partyers supported palin. knowing that she did something even worse than raising cap. gains tax, which was implementing a windfall tax