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Posted (edited)

Unreal comparing a standard tax loss carry forward spread among partners and investors that would need to realize substantial new revenues to ever be of value, and at most 1/6th the size of an individual billionaire donor's direct $2 billion windfall from the Romney plan.

Edited by Joe_the_6_pack
Posted (edited)

Unreal comparing a standard tax loss carry forward spread among partners and investors that would need to realize substantial new revenues to ever be of value, and at most 1/6th the size of an individual billionaire donor's direct $2 billion windfall from the Romney plan.

 

what was standard about that loss? they stole Millions from taxpayers and can now get a tax break?

 

 

tax breaks are tax breaks.

Edited by Gary M
Posted

Apparently you guys not only fail to comprehend the distinction between income & capital gains; you also lack the understanding as to why foreign & domestic income should be taxed differently. And I'm not so sure you guys get the concept of windfall either.

Posted (edited)

I was wondering how they would reach that conclusion, but after reading it, it's fairly simple. Idiot math. Ironic how Adelson would be the only billionaire who would benefit from tax rates not going up.

 

PS - it's helpful to frame the discussion that the tax rates are going up next year, not that people are getting tax cuts if those rates don't increase.

Edited by GG
Posted

How does a millionaire with a salary of $1.00 dollar earn his wealth?

 

:lol:

 

Thanks for once again showing us the laughable ignorance of the average Obama fan. You have absolutely zero understanding of any of this, do you?

Posted

 

 

Give him time. He's still reading up on golden showers.

 

Wait until he finds out what they are. I can hear him now, "If I knew what they were all about, I'd retire every day"!

Posted

So cuts taxes further, they won't reform anyting of sustance if the record of the last 30 years is any indicator, increase our world miltary, and the Government debt will exceed GDP by leaps and bounds....

 

Its sad because it doesn't have to be that way...

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